Harley, can we get my GU up on the index? I consider it to be a speculative play in the sense that they need to get those other 4 plants running again but with oil prices rising it becomes more profitable to crank up the biodiesel. They are still debt free, just bought back 5M of their own shares, and they are eagerly awaiting, hopefully awaiting, for the chinese govt to give them tax incentives much like biodiesel is subsidized in the US. As friendly as the latest 5 yr plan is to the renewable energy sector in china, I give that a high probability of coming to pass. Theres the real gamble, and the hinderance to profitability at the current moment, that and the cheep gas (relative) as of late.
Tax breaks and high oil will bring this roaring back. At the last peak oil they traded around 12 bucks, and that was before the reverse split, 1 for 5. While that perfect storm is not likely to repeat in terms of PPS, if these elements come together, like gas at 4.50US/gal, and all 6 plants producing - if we get half the love market wise as the last peak oil times we could have a 10 bagger here.
They also diversified a bit lately and bought a copper recycling facility, I like it!
malc
