News Focus
News Focus
Followers 2
Posts 469
Boards Moderated 0
Alias Born 11/26/2007

Re: timhyma post# 71

Tuesday, 06/16/2009 6:35:51 PM

Tuesday, June 16, 2009 6:35:51 PM

Post# of 291
Not sure where fair value is, sub$3 a share was a steal though. Not in this now but was in the $15 - $20 range, which I thought was good then, given all the expansions and things. Ethanol can form part of the solution to oil disappearing, the market is there. I have a buddy that is part of a Nascar team and they all run pure ethanol, so the product works. Flipside is people need to eat food too and growing corn to make fuel takes away land for food production. I am no scientist but am sure there is a balance to be had, algae would be a huge break through if it can be realised. Watching from the sidelines and wish you all the best.

Good luck

Gerard
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GPRE News