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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (199522)10/23/2002 11:16:37 AM
From: Joan Osland Graffius  Read Replies (1) of 436258
 
KT,

LOL. This does not make sense because soy bean oil is a product from ADM. Maybe you should be trading soy beans. <g>

Fortunately I took some of my position off the table close to the highs. Still have a position in this dog. I have this problem of receiving shares as dividends over the years and uncle sam would be happy as a kitten if I sold them. <g>

I do not understand why their commodities trading desk has not made up the difference in the cost of the commodities - will have to dig into the numbers as it could be they are not marking to market their positions in the futures. These fellows generally do a good job of keeping the cost of their commodities even through hedging.

Maybe they needed an excuse for a poor quarter. <g>

Joan
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