News Focus
News Focus
icon url

rayrohn

05/02/08 10:57 PM

#90 RE: frenchee #89

makes cents lol
icon url

timhyma

05/03/08 7:15 AM

#91 RE: frenchee #89

AVR: I had resistance at $5.40ish, so we close right on it. Next week will be telling the story- but with 11% of the stock already short, I think they will cover to lock in any remaining profits from the $8 and hogher range.

The jump was due to good earnings report, and the fact ethanol may start getting some positive media attention again, since they keep on showing good numbers.
Tangable book is around $8, and worth at least that much in my book, as the industry starts consolidating- could be a buy out target (with maybe a 30% premium over book?).

Others to watch in the sector (I own them)- GRPE, MGPI, PEIX