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| Maybe it does fill the gap but from monthly obv the price looks about right.
Why take on idiosyncratic risk when you can buy a 2-3x leveraged etf in technology?
>adm at 10x and google at 20x. Hmmm I wonder which one will grow more over the course of a lifetime. Is it wrong to think that 10x ratio means the stock is inherently better long term? No, it’s the market that’s wrong.
Just to add I think if your in ag and you buy ag stocks that’s not a great move. You’re inherently long grains already and doubling down on that position isn’t the smartest move in my opinion. Looks like major run ups in adm happened when grains spiked, so do you think grains are going to continue their run? Or should I TRUST JEROME POWELL WHEN HE SAID GRAINS CAN FALL FURTHER
Edited by Deltamudd 3/14/2024 12:12
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