Ethanol Co. Stocks moving up ! Opportunities?
The demand for ethanol is accentuated by the ban of MTBE as a gasoline additive and the high price of oil driving gasoline over 3$s. The stock price of this group has gone up much more than the usage. It is the anticipation that has driven many of these stocks over double the past year and stock valuations are accelerating more the past weeks. Some names of amaller Cos are: INSQ, VRDM, & GSHF. Some higher capitalized Cos. are: XTHN, PEIX, ANDE, & ADM. I have followed alternate fuels for a long time and this group has created the greatest current potential for appreciation. The US public anxiety and discontent is increasing exponentially as we go over the 3$ level. Brazil has gone to near 100% ethanol additive for their motor vehicles. The model T Ford was first produced to run on alcohol. Car manufactures are making engines that operate on "flex" fuels. Is the future scenario for ethanol a simple one- no way.
posted by Pete at 5:57 PM
1 Comments:
The internet & other news media are full of ethanol hype. Cellulose based ethanol is growing in popularity as a prospective winner. One can get the leading companies involved by searching on Google or UR favorite site. Someday I'll try to post the merits and status of ethanol as it is confusing and difficult to get scientific evaluations. Don't ask your favorite politician." Don't ask the man behind the tree." Pete
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