petelynchdisciple

Rex Stores: Low-Risk, Pure Play on Ethanol

You had me at "cash of $9.50-$10.50/share". Clumsy Rick has certainly done his homework on this one. It's astounding that Rex actually trades near its cash value (sometimes below) while it has these real estate and ethonal assets with virtually no debt. I wasn't even aware of the tax credits. The market is wrong... Clumsy Rick is right.