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Thursday, September 21, 2006 10:41:21 PM
I was afraid IHDR would be held hostage in Mobile. John Stanton does not want EFTI's pps to rise because of the pending 3 company merger which has been stalled for months. I can only speculate as to the reasons why EFTI wouldnt want IHDR to announce CAVD news. Here's a response from fairwayiron on the topic:
"It was just a thought, not even a rumor. But I was thinking that IHDR announcing one, two or ten plant sales totaling $100 million in revenues for 2007 might make EFTI shareholders think "dumping" what they had bought into six or eight years ago on the eve of the jackpot was ripping them off.
I have acquaintances who are building five ethanol plants up north for $1.6 billion. The first is under construction today. They have been familiar with EFTI's tire operation from the beginning. One major concern they are dealing with is the enormous quantity of DDGS they will be producing. They are aware of the EFTI move to DDGS and called Stanton recently. He wouldn't take their call or return it and this is a state supported and partially funded operation."
With everything IHDR is dealing with now, let the PPS slide... Im hanging in, this way it will really feel like I earned it when it hits $10 in 07. 1step
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