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Stock and Finance: Success and failures
Saturday, 12 August 2006
ALJ (Alon USA Energy)
Topic: Things to invest in

Recently, while surfing through ETrade, looking for some good stocks, I noticed that the energy sector was way up. Upon closer investigation, I found a few companies who were doing exceedingly well in various energy categories. I compared these stocks, and the leader was (drum roll)...ALJ

ALJ has been doing exceptionally well, and had gone up $10 a share in less than 6 months. Then suddenly, not too long ago, they had a small oil spill (their first in a while) and there stock dropped a few dollars. I saw the perfect opportunity to invest, and hopped in. In only a few days, I made $100 off a $4k investment. They also give a 16 cent dividend, so even if they do go down a bit, you will make some hefty interest from each approx. $40 share.
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Posted by todd101scout at 10:50 AM PDT
Updated: Saturday, 12 August 2006 10:54 AM PDT

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