Xethanol got a huge boost Monday with the announcement that it will commence trading on the American Stock Exchange [AMEX] starting today, 20th June, 2006. The stock will trade under the symbol XNL.
The stock won’t be considered as ‘one of those OTCBB stocks’ anymore. Not surprisingly, the stock ended the day up 15.83%.
Xethanol is an intriguing opportunity if you still believe in Ethanol. Xethanol solely focuses on Cellulosic ethanol production which makes it a long term bet in my opinion. However, no need to get into this stock as this price.
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