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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (21651)10/15/2001 12:19:57 AM
From: Joan Osland Graffius  Read Replies (1) of 52237
 
Lee, >>Thoughts on ADM???

I own ADM and I have no idea why it is trading back in the high 11's and low 12's again. As far as news from ADM is they recently delivered a 5% stock dividend and Wayne has retired. I hold a position that I have had for centuries. I also use it as a trading sardine as every once in a while it sells off down to its book value and one can load up and sell that position for a nice profit. Food is not going out of style and ADM and Cargill manage the commodity business fairly well. <g>

Joan
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