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cynic2005

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cynic2005

Re: atotalbum post# 9012

Saturday, 08/19/2006 12:30:49 PM

Saturday, August 19, 2006 12:30:49 PM

Post# of 30354
Yeah, PEIX is the bomb...

They trimmed their losses by purchasing cheaper Ethanol in Q1 and sold it at higher market prices in Q2. Now that prices have either plateaued or are slightly decreasing, where do you think their fortunes are headed?

Yet corn prices will only go one direction, regardles of where ethanol commodity prices are headed.

Considering you sold your financing at $4 a common share to Bill Gates, a $20+ entry point didn;t look so appealing.

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