G2G
GoG2G; Converting Green to Green
Finding a Cure for Our Addiction to Oil
By Konrad Imielinski
Looking into Socially Responsible Stocks and the future of alternative fuels

Not a Good Day for Ethanol

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This entry was posted on 4/27/2006 3:54 PM and is filed under Ethanol.

    All stocks in this sector have dropped considerably today, some for the second day in a row, which is quite unusual. Looking at the historical prices for many of these stocks, I’ve noticed a pattern of rebounds the day after the stocks have went down. Not in this case, as XTHN.ob, VRDM.ob, PEIX, MGPI, STKL, and GSHF.ob are down for the second day straight. Should we worry about this? Is this just a mere coincidence? These stocks aren’t expected to go up everyday, but all going down in the same day is quite bizarre.

Symbol

Last Trade

Change

Volume

Mkt Cap

ADM

4:01pm

36.19

-0.74

-2.00%

5,036,600

23.661B

ANDE

4:00pm

110.94

-4.09

-3.56%

523,174

843.0M

GPRE

3:59pm

41.823

-0.527

-1.24%

6,372

180.7M

GSHF.OB

3:59pm

0.273

-0.052

-16.00%

6,475,616

29.2M

MGPI

3:59pm

24.80

-0.90

-3.50%

426,629

397.5M

OTD

4:00pm

1.82

-0.14

-7.14%

1,707,000

84.5M

PEIX

4:00pm

32.03

-0.97

-2.94%

2,881,005

978.5M

STKL

3:59pm

9.95

-0.05

-0.50%

1,225,867

563.9M

VRDM.OB

3:59pm

0.221

-0.025

-10.16%

19,683,670

10.5M

XTHN.OB

3:59pm

12.11

-1.91

-13.62%

1,502,211

195.8M

 

 

 

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