Elroy, actually I bought CZZ at $12.16 so yes, to your infinite satisfaction I am sure, I am at this moment losing a penny a share.
As always, and on all sorts of threads, you say things with no basis in reality, but which are intended to be unpleasant, and as always, you succeed.
Possibly it might be better to see what the stock is doing after a year or so instead of only waiting 22 hours.
For anyone who didn't read all the good information posted yesterday on CZZ, it's the premier Brazilian sugar and ethanol producer, both of which products seem sure to be in great demand on world markets. The great damage to this year's corn crop by the Midwest floods will make both ethanol and corn itself much more expensive, and might well persuade Congress to repeal the punitive protectionist tariff on imported ethanol. But even without that, the story for CZZ looks good.
But perhaps some unforeseen political or economic development will spoil that story. One can always hope, can't one, Elroy? |
