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trade2much

06/20/11 8:55 AM

#84446 RE: Phoenix-Rising #84426

Hi Phoenix long time no see.
I, as many, am gone much of the time during the summer months. It is usually the doldrums for trading; so in late May I try to go to a minimum of 50% cash and the balance mostly high yielding MLPs, CEs, High Q stocks, Preferreds etc, defensive stocks. I still have maintained longterm CLNE position throughout it all, although it has been dead money mostly, so it appears not to be a smart short term play during many months, but it is a very long term holding for me regardless I sold off most of my $5 cost basis shares quite a while ago in the 17 -20 area so I am largely just free shares now as a result and just sitting.

I am hoping enough pressure is placed to stop the ethanol subsidy which costs us 6B a year. Takes more energy to convert corn to fuel than the energy the ethanol produces, plus it uses huge amounts of water, which we don't have, then it increases food stock corn so our food stuffs go up ie pork and many corn fed animals, plus other corn food products and lastly it creates poorer gas mileage than gas and actually costs way more than gas when you consider all the elements. If it is done away with NG will be helped indirectly.

I am just being patient with CLNE. Now that we are down near the 52 week low area it becomes more and more appealing since I think the 10-12 range is a sweet spot long term (assuming no double dips). My thought is the companies' value grows each year and the SP ultimately gets in sync, higher lows and higher highs if I am correct. Tough to see in a sideways market with a slight down bias.

BOL