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shmolton

09/23/08 9:30 AM

#305 RE: lentinman #302

Is TSTA no longer a wildcard due to last nights 10-Q?
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timhyma

10/11/08 6:49 AM

#440 RE: lentinman #302

My unique pick reported earnings, and they are soft:

GPRE reported a loss of .11 per share (still at profit of $1.81 for 9-month period), which surprised me. If you look at yoy results- still looks pretty impressive. The loss was due to derivatives and hedging, but not as bad a loss as other ethanol companies. Somthing to watch going into next quarter- 54% of corn is hedge over $5, while only 15% of ethanol and distillers are locked in at similar prices. With the recent decline in corn and ethanol pricing- could see some issues down the road if that doesn't stop.

(full report):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32800671