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View Full Version : ADM on sale?


Svenwulf
11-02-2006, 11:32 AM
i have made a few bucks swinging this guy over the summer. a 35 handle has been a good entry in the past, but after reviewing the conference call i did not like future guidance. apparently ethonol IS a major sector of their biz, but i am thinking all this talk about fast food chains changing their fryer oil could provide some positive momo down the road. plus i am pretty bullish agricultural plays, but most have run. still digging on adm, because it busting its MA like that means i dont want to be early- but i am curious if anyone follows this one or maybe has a better cooking oil play?