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Calumet Specialty Products (CLMT) reached the final turn and Bruce Fleming, EVP, Montana Renewables & Corporate Development, (Red Pollard), turned "the Biscuit" lose. At the September conference call, management announced significant changes and its operating results for September. The announced results fell short of potential with two significant operating issues
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CLMT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
It is our second largest holding.
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