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July 22, 2008
Humm, do I have market moving powers?
Or is it just a cooincidence? On July 7/8 I make a series of posts related to the current poor economics of ethanol and how the stocks have been beaten down. On July 11, a major part of my thesis was reposted on July 11 over at Earth2Tech. Part of my thesis is that the Oil Companies will start buying Ethanol companies at these depressed (caused by the oil companies) valuations. That day Aventine and Verasun turned the corner on the bottom and started a run up gaining over 55% over the last week. Cooincidence or influence? you decide.... (i am in investor in neither)
Posted by Martin at July 22, 2008 10:09 PM
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