VeraSun's Corn Costs - Another Bearish Sign for Ethanol Stocks [View article]
Please explain: "The fact is that VSE's pricing structure is capable of absorbing the rising cost of corn and keeping their margins inside a band."
And no I am not shorting any ethanol stocks. If you haven't realized, the ethanol sector has been in a crap hole for quite some time now. The incentive to invest in this sector is minimal as all I'm doing is stating the facts.
VeraSun's Corn Costs - Another Bearish Sign for Ethanol Stocks [View article]
All I'm doing is estimating VeraSun's corn costs for the first quarter. In the most recent conference call, VeraSun stated that corn should be in the range of $4.45 to $4.55 per bushel but it looks like they underestimated. VeraSun did this before, I believe in its second quarter conference call, when they estimated corn costs to be in the $2.90-$3.00 range for the third quarter but in actuality they ended up paying an average of $3.32. This news isn't good to hear.
Cramer on Pacific Ethanol: Can You Say 'Coin Flip'? [View article]
I agree that you have to make your own decisions about your money but in reality several people don't. Those people instead follow credible sources such as Cramer and though he knows a lot, he does not know everything. I woudn't say his advice is useless as it is evident that he has a major influence in the market but it definetely is overhyped.
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Latest | Highest ratedVeraSun's Corn Costs - Another Bearish Sign for Ethanol Stocks [View article]
And no I am not shorting any ethanol stocks. If you haven't realized, the ethanol sector has been in a crap hole for quite some time now. The incentive to invest in this sector is minimal as all I'm doing is stating the facts.
VeraSun's Corn Costs - Another Bearish Sign for Ethanol Stocks [View article]
Cramer on Pacific Ethanol: Can You Say 'Coin Flip'? [View article]