REX American Resources (REX)

[value1008]

I haven't followed REX for well over a year, due to busy-ness with other market sectors and various personal projects. As should be well-known, the market in the past has discounted REX's solid business fundamentals by selling off the stock when the oil/energy markets sour. That's the larger reality at present, so i don't expect to see much strength in REX's shareprice, regardless of whatever earnings are posted.

I would normally say that if REX's s/price fell far enough with an energy sector sell-off, i would be a buyer. I almost bought around $49 early last year, and we saw that REX soared to around $100 later in the year.

But now we live in a new era-- the Trump era. And who knows what craziness he and his cronies may try to enact vis-a-vis the ethanol sector.