Technical View:
Calumet Specialty Products $3.33
Calumet price is breaking out above the recent consolidation pattern. Support is now $3.00 to $3.30 zone. Look for 5% to 7% dips in the share price to buy. Think $3.00 is pretty solid support. Next trading channel highs are $4.50 to $5.00. Longer term price goals are $8 to $10, on asset sales and debt reduction. Continue reading
CLMT* $3.10 – Just for fun, let’s do some napkin math.
CLMT has begun a move higher that is very orderly and appears institutionally driven. We expected more BOOM! But I like orderly with strong volume. Means this is more of a keeper for a bigger move higher. How High? Glad you asked. Continue reading
Calumet (CLMT) $3.00 in aftermarket trading, Friday.
I do not have a love affair with CLMT, but I do recognize the Fundamental progress the company has made. Management has executed this turnaround and transition from commodity oil refiner to Specialty Chemical company almost perfectly – in my opinion. Some would say they could have done better. Real life is messy. Not perfect, as an academic or researcher “believes” it should be. It is professionalism in the face of adversity, the ability to solve problems and adapt that is the most important. CLMT management did this. Continue reading
Kontrol Energy (KNRLF)* $3.25
Kontrol Energy has been a sizzling hot stock. Up 18.5 X since its low in March of $0.175. Over-priced? Continue reading
Originally Published Sept 26,2020
Global Silver Demand Edged Higher in 2019, With Investment Demand Up 12%, While Silver Mine Supply Fell for the Fourth Consecutive Year
Silver Institute: April 22, 2020 linked here
Chart from Finviz.com
Fly Leasing (FLY) $6.70
Fly Leasing is focused on owning the world’s most popular commercial aircraft. They have a fleet of 86 modern aircraft leased to 41 airline in 25 countries. Approximate value of the fleet is $2.7 billion US Dollars. Continue reading
Are you up for the Double your Money Challenge?
It is that time of the year to be looking into the crystal ball for next year. Well, maybe a bit early, but we have an election coming in six weeks and a lot can change from November 3rd forward. We’ll take on that task with the picks below and why we think they will be winners no matter who wins the Presidency.
