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The Company is a producer of hydrocarbon products in North America. Its business is organized into two segments: specialty products and fuel products.
Motley Fool recommended this stock at around $40 and theyare still recommending it now that it is at $13. Now Motley is calling it a great dividend stock. Well, Calumet cut their dividend, too !!!Maybe it is time to find a new line of work.
That probably tells you to stop taking others advice. Now at $13, I see them pretty cheap. With the price of oil and their fundamentals is the reason why I put them green.
i dont know how you have 6 recs on this one lol. you have a score of less then 20 and your 17.5% in the hole on this one. Not only does this company still have a good yeild(11% @ 15/s not bad if i say so myself) but did you ven research a little before you made this pick or are you throwing darts here either way bad decision i hope your short with the play money and not with the real stuff. this company can easily give you a 50% OUTPEFORM if you get in now and wait for inflation to go down(fed cuts are over inflation is short term). When it does that bubble of oil is going to get all over everyone when it pops and oil longs are gonna have a hard time geting the stuff off. Happy trading.
Hey Dumbo - this company is well managed and capitalized - a year from now when you are still bagging groceries and wondering how you missed the ride - i will look for your comments
I purchase in part on MF rec, in part as a hedge on the Brazilian oil company they also recommended. My responsibility, though.It has paid dividends, so until I sell it, I haven't lost on my capital investment. However, the hidden cost is the partnership structure makes my taxes hugely more complicated and expensive to do, so it's not worth the dividends. Oh, well.
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