Bill6

VeraSun Plant Closing Results in Slashed Analyst Estimates

Why do these ethanol bears always understate the positives? Yesterday at one point VSE was up over 80% at 1.35. Why does this article say VSE topped at .91? A temporary shuttering of a plant in poor economic conditions is nothing new for the energy industry. This happens all of the time when oil refineries get shuttered and it actually drives up prices when oil production slows down. It is so comical to watch this stock swing from .72 to 1.35 in one day, because you KNOW a bunch of scared amateur investors who have no idea what they are doing are loosing their shirts. What a great time to buy, and get in on the ground floor of the largest ethanol company in the world! Disclosure: I am long on VSE.