InvestorsHub Logo
Followers 45
Posts 6719
Boards Moderated 0
Alias Born 11/13/2007

Re: teamrice253 post# 39844

Friday, 11/20/2009 2:03:21 PM

Friday, November 20, 2009 2:03:21 PM

Post# of 56273
my credibilty is not what is at stake here...it's the CEO's. Looks like Seth Jayson nailed him when he made this prediction;

"Foolish bottom line
There are a million reasons to stay away from Earth Biofuels. Actually, there are 23 million reasons: Remember, that's how much cash Earth has burned in only the first half of 2006. This is a company that will be operating (note: I didn't say competing) in a space that will be dominated by large players with scale and experience, if it thrives at all. Earth Biofuels has none of these, very little cash, and worse yet, it's run by someone with a pretty solid history of driving companies, along with their stock prices, directly into the ground."