Home > Boards > US OTC > Chemicals > Xcelplus International, Inc. (XLPI)

Something to consider: Sector pressure.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
apostrophe Member Profile
Followed By 19
Posts 1,084
Boards Moderated 0
Alias Born 10/17/06
160x600 placeholder
apostrophe   Tuesday, 10/17/06 02:37:57 AM
Re: The Profiteer post# 9869
Post # of 15799 
Something to consider: Sector pressure.

XLPI is basically an ethonal play. Around June eth was hot but until a couple days ago has been pretty much universally reviled in the market. For example:

If you bought PEIX, a major eth player, in June at $44, as of a couple days ago you would have been down, what -71% at $12.50 pps.

XNL, prev "hot" cellulosic eth play, June: $16.18 pps, recentprice : $3 = -81% ...

XLPI is down around 86% from June level but that dip is comparable to most of the other specualtive ethonal / alt fuel plays out there.

Lately (last couple of days) seeing some life in ethonal stocks, perhaps mainly due to news from PEIX and rise in price of oil. I would expect a lag with XLPI due to its unknown status but my point is that most of the price decay we have seen could be attributable to general sector weakness.

With luck, and E85 pump equipped stations sprouting up almost every day, the plug-in convertor gizmo should eventually produce one heck of a "flash-in-the-pan" (at least until most new cars have standard e86 capability. People are and will continue to keep their cars longer duw to economics, so the "flash" should last for many years, once the "stars" (high gas prices, foreign troubles, economic turndown, housing etc) come into alignment again. So that's my 2 cents ( which ironically is about where I bought in. drat <g>)

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences