InvestorsHub Logo
Followers 55
Posts 6022
Boards Moderated 0
Alias Born 01/10/2004

Re: Bobwins post# 16231

Thursday, 09/11/2014 10:56:18 AM

Thursday, September 11, 2014 10:56:18 AM

Post# of 17739
10:31 PEIX
Ethanol Stocks -- Color on move lower today
As a follow-up to our 10:15 comment, ethanol/biofuel stocks are under pressure today: PEIX -10%, GPRE -6%, REX -5%, BIOF -2.4%, ANDE -2%. We are not seeing a direct catalyst. It may be on a Bloomberg.com report discussing how Brazil is taking action to stimulate its ethanol industry after falling demand. Perhaps the potential of more supply on the market is spooking investors.

Focus Focus Focus Focus !!!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.