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| Alias Born | 11/26/2007 |
Tuesday, June 16, 2009 6:35:51 PM
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
Good luck
Gerard
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