Sell Alert: Half Position Of Shares Of Green Plains

Yesterday, August 27, Green Plains (Nasdaq: GPRE) announced that it had agreed to sell its 120 million gallon per year ethanol plant in Obion, Tennessee, for $190 million. This equates to an impressive valuation of $1.58 per gallon of capacity. Shares of GPRE rose 12% to $11.18 per share following the news. We recommend selling half

The Real Problem With Cracker Barrel

Today, Porter writes about the Cracker Barrel rebranding, and says: When a group of people has never invested any of their capital into a business but gets to control an asset that’s worth $1.4 billion, they are pursuing a political goal instead of a business goal. That’s socialism. And socialism doesn’t work.

The Future Of War Is Here

By using drones to puncture the illusion of invulnerability that military assets deep inside Russia had enjoyed, Ukraine showed how technological leverage can invert the balance of power. Nations that once relied on the most expensive, sophisticated weaponry for their security must now grapple with a world where a decisive edge may come from networks of cheap, smart weapons.