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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (66565)	2/18/2021 1:28:47 PM
From: petal	Read Replies (1) \| Respond to of 78821

Keith Gill's does his testimony to congress today. financialservices.house.gov A 'you have the wrong guy' situation if I ever saw one. Will be interesting to see future development; probably nothing (good) will happen though. Congress wouldn't do anything to disturb the markets or big money. Too much pension money riding on it. It's "protect the markets at all costs" as usual going forward too, most likely. I too am down pretty significantly today, 1,5 – 2 % in 2 out of 3 accounts (however, not the riskiest one, weirdly enough.) However, I actually like it, because it means I'm not so correlated with the general (Swedish) market. Might be a 'risk off' kinda thing –– value stocks rising in very last part of bull market, as previous market leaders slow (e.g. FAANG, NASDAQ100) but then in the absolute end of it, they too go down, and even more. (Seems to me a pretty common pattern, anyway?)

To: Madharry who wrote (66565)	2/18/2021 1:53:08 PM
From: E_K_S	Read Replies (2) \| Respond to of 78821

UAN is a MLP structure so you will need to deal w/ K1's, cost basis adjustments FIFO and all the rest when you Sell. It can get complicated if you hold shares for many years. In that mess is a 10-1 reverse split so your K1 data must reconcile w/ that. FWIW, I have other fertilizer/commodity plays that have done well but are trading outside what I consider fair value (reversion to the mean). Bought BG 2/4/2021 peeled off 50% after 15% run. Most/all these commodity plays were more than 100% lower on the 3/2020 crash. Therefore, difficult to to see the value proposition unless interest rates and/or inflation perks up. That will be the least of the concerns. Higher interest rates will blow up these companies living on 0% interest rates.

To: Madharry who wrote (66565)	2/18/2021 3:09:27 PM
From: Elroy	1 Recommendation Recommended By E_K_S Respond to of 78821

does uan have a carl icahn connectoin ? Yes, CVI Holdings (which I believe is owned by Icahn) owns 100% of CVRR refining and 34% of CVR Partners (ticker - UAN). So UAN is 34% owned by Icahn. One of the UAN fertilizer plants is adjacent to the CVRR refinery, and uses (I think) an output of the refinery (pet coke) as an input to fertilizer production. But the main thing is the price of the two fertilizers that UAN sells has doubled in the past 3-4 months. The affect of that doubling will come out when UAN reports Q1, in about April 30th 2021. I don't know what else is going on with UAN, but all else being equal, UAN should begin to pay out reasonably large distributions again if fertilizer prices stay high, and all three fertilizer companies last night said prices are going to stay high. I think UAN is way under the radar. I don't understand why it's share price remains BELOW where it sat when for three years fertilizer prices were low, and UAN paid zero distribution. UAN paid $1.40 distribution in Q2 2018, and at that time UAN fertilizer was $212 and ammonia was $452. Today UAN fertilizer is $270 and ammonia is $525. Lets see what happens between now and summer. I'm very optimistic. This chart (as far as I can tell) is accurate: stooq.com And the major fertilizer companies yesterday indicated the high prices are here to stay this time. Keep in mind - I'm no fertilizer expert, this is just what my limited understanding reveals. It reveals, BUY THIS STOCK :-)