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Huggy Bear

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Huggy Bear

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Re: wisconsinstock2 post# 17964

Sunday, 12/20/2009 11:11:59 AM

Sunday, December 20, 2009 11:11:59 AM

Post# of 94785
I have to agree completely with joenatural on this one wisconsin. Biodiesel, whether in the US or China or anywhere, is problematic in the best case and the road to BK more likely IMO. Just take a quick look at the NYSE traded Gushan (GU) which was supposed to be China's biodiesel darling. Q3 09 they reported a 71% decrease in revenue resulting in a .14 loss for the Q. Of course they say they are still strong and looking forward to a future recovery - they all say that.

The brief history of biodiesel stocks is like reading about little big horn - a complete bloodbath. I wouldnt touch CCGY, especially with so many others with proven earnings and greater potential all over China. All IMO of course, i would shop on...

malc
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