Don't you think that with corn prices very low and the futures six months out so low, and with ethanol prices holding up very strong for various reasons, that we can in fact estimate that earnings for the next few qtrs from ethanol producers will likely be very strong ? I mean of course there are factors that could play out negatively or positively from here, but I personally think stocks in the sector(ie REX & PEIX selling at around 6 PEs fully taxed going forward even after the recent runups) are no brainer to go 50%+ higher over the next few months.
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