coursonc

Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil

Buy Verasun Energy, VSE under $6, below book, and below recent insider buying, while you still can. Crush spread is thin, but is the 800lb Gorilla in the space, with Welcome pending startup Reynolds halted. I also expect UL certification approval announcement soon for Blender pumps and will be a major positive. EPA answer to Gov Perry shows Government intent. Recent announcement of Shelf offering will allow debt repayment, stock buybacks, and cash for aquisitions, as it is perceived to be cheaper to aquire, than to build. I see BIOF or GPRE in the crosshairs, possiblly some small independents. AVR and PEIX not a good fit. VSE should see rev increase due to merger synergies from USBE, and Aurora corn oil processing soon. coursonc