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Friday, July 30, 2010 3:54:41 PM
DE (+4% today) is closing in on a post-recession high. This is the 2-year chart:
Merrill Lynch issued a bullish report today predicated, in part, on strong US corn prices. Also, competitor AGCO announced excellent 2Q10 numbers earlier this week (http://www.reuters.com/article/idCNN1921704120100727 ).
DE is one of the premiere beneficiaries of The Global Demographic Tailwind, for reasons that I don’t think need to be mentioned on a sophisticated board such as this one :- )
Merrill Lynch issued a bullish report today predicated, in part, on strong US corn prices. Also, competitor AGCO announced excellent 2Q10 numbers earlier this week (http://www.reuters.com/article/idCNN1921704120100727 ).
DE is one of the premiere beneficiaries of The Global Demographic Tailwind, for reasons that I don’t think need to be mentioned on a sophisticated board such as this one :- )
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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