I believe as oil/gas rises, the ethanol stocks will get more attractive. These are the ethanol plays I have at the start of the PSL (EDIT: sold PEIX this morning):
GPRE- a smaller producer (65mil marketcap) that posted 1.37 quarterly profit in April, that went unnoticed by the market. I think they will get noticed soon. http://finance.yahoo.com/q?s=GPRE
MGPI- They also have food grade alcohol biz and a wheat gluten biz to offset the ethanol part of the company. They are looking to unload their pet treat segment also. http://finance.yahoo.com/q?s=MGPI
All are profitable companies, that have taken a beating from the media on the whole fuel for food frenzy.
CGLD- is a gold company in Mexico, that is making money and has a 100mil buy back possibility from anglogold (AU) http://finance.yahoo.com/q?s=CGLD.OB
VCGH- Aldult entertainment biz that has been acquiring on a large scale. Reported on 12 May, and showing over 100% gains in revenue, while reaffirming profitable guidance for the year. http://finance.yahoo.com/q?s=VCGH
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