I think this stock has some potential to move up into the .01 cent and above range. I don't think it will move back to the two year high of .10 cents any time soon but who knows. Biofuels and alternative engergy is very popular with the current government and I think once the price of oil heads back up into the $150.00 which I think is just a matter of time biofuels will be very profitable. I think that Encore is aquiring these companies when biofuels is not very profitable because of the low price of oil, which is a good time to buy them (buy when no one wants them). At the end of the day government knows that fossil based fuels are not going to be around for ever, at some point we are going to need an alternative to them, biofuels are a good alternative and i think going forward government will be increasing the use of them and not decreasing them. Anyways I will more than likly be trading around the stock on the spikes but over the long haul I will be just adding to my current position.
Rod
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