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Calumet Specialty Products Partners (CLMT) - anyone have some info on them?
Posted on 1/20/16 at 4:07 pm
Posted on 1/20/16 at 4:07 pm
Posted on 1/20/16 at 4:23 pm to LSUvegasbombed
I've had it on an energy watch list for a couple of years or more. Jimmy "Creamer" recommended it in the mid 30's. I tracked it just so I could make fun of him (not a fan of "Mr. Windbag"). Outrageous yield since coming down from the 30's, 20's and now into the teens. All I know is their business and that they have a negative return on equity and are losing about $1.40/share. Nice pop today though. Have you heard something?
Posted on 4/19/16 at 12:02 am to Jag_Warrior
Ol' Jimmy is pretty good at "unrecommending" dogs before they drop dead. I don't keep up with him as much these days, so I don't know if he dropped this one before it imploded or not. Let me see if I can do it justice:
Sell! Sell! Sell!
Calumet Sinks 48% on Suspension of Payout
Sell! Sell! Sell!
Calumet Sinks 48% on Suspension of Payout
Posted on 4/19/16 at 2:27 am to LSUvegasbombed
I heard they bought a drilling muds company back in 2014.. well we all know what oil has done.
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