Green Plains going sour. GPPImmediate targets 14.37,13.92 and then 13.33. Invalidation at 17.71
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Greenplainspartners
Price to Earnings at 6.2 I still love GPP Green Plains PartnersIn a crazy world of investing in stocks with PE around 1000, or even nonexistent dividends, I certainly love me a good ole gas transportation company with PE in single digits. I know, I know, green new deal yada yada. Well Keystone XL pipeline permit pulled could possibly mean more business for GPP. They have been recovering consistently since the covid crash, and recently issued convertible notes redeemable in the future between $23 and $30 signals confidence. In the worst case I'm looking for this to remain steadily boring with one of the best PE available.
I bought the IPO and have been receiving dividends every quarter since. I feel all alone on this beautiful mountain.
