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Re: wow_happens28 post# 30

Wednesday, 08/30/2023 6:11:53 PM

Wednesday, August 30, 2023 6:11:53 PM

Post# of 98
Well, I decided to pick these up today, albeit modest positions ($1000 each) -

Agro - Deere (DE)

Energy - Occidental (OXY) (Buffett)

Defense - Sector ETF (PPA)

Water - Sector ETF (FIW, PHO)

Most asset allocation models have a 'Commodities' component, and these could fit loosely in there (except for Defense). OXY will supplement the Nuclear components within the Energy category. Agro is a tough area to find suitable long term buy/hold investments, since agro commodities are so volatile. I figure DE is very solid, and for the big agribusiness group like ADM and fertilizer / agro chemicals there is MOO. So MOO might be the next one to get.

Btw, Nice bounce for RIBT today. The only news I see is a delisting notice from the Nasdaq, so there must be something else that caused the surge. Volume was fairly low, but looks like the rise began just before 2:00 pm and then it ran up into the close. So maybe something good coming soon? :o)

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001063537/000143774923024890/ribt20230828_8k.htm



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