Today was a good day for shareholders as they await for the second of the three highly awaited ethanol companies to IPO. Basing on the previous IPO of Verasun, Aventine's IPO will be a boost to other ethanol stocks. This is not guaranteed, but a prediction. Lets look back at the IPO of VeraSun, with its affect on the others.

PEIX

14-Jun-06	20.61	22.38	20.50	21.75	6,094,300	21.75
13-Jun-06	22.30	22.76	20.05	20.14	6,164,700	20.14

 

XNL

14-Jun-06	8.18	8.98	8.10	8.55	285,600	8.55
13-Jun-06	8.07	8.68	8.05	8.27	326,800	8.27

 

MGPI

14-Jun-06	21.75	23.25	21.44	22.20	846,100	22.20
13-Jun-06	24.16	24.16	21.38	21.75	989,700	21.75

 

ADM

14-Jun-06	38.72	39.40	38.10	38.77	5,297,400	38.77
13-Jun-06	40.00	40.00	37.45	38.21	10,616,500	38.21

 

ANDE

14-Jun-06	75.70	79.53	73.60	77.00	902,000	77.00
13-Jun-06	80.21	80.32	74.00	75.36	1,197,200	75.36

All ethanol stocks rose that day, not a lot though, as volume was less then the day before. If Aventine rises expect the same as these stocks usually correlate.

Today's' Ethanol Index:

Symbol Last Trade Change Volume Market Cap ADM 4:03PM ET 40.16 0.81 2.06% 3,154,200 26.28B ANDE 4:00PM ET 82.65 7.08 9.37% 1,037,827 628.06M GPRE 3:59PM ET 35.00 1.50 4.11% 5,253 151.20M GSHF.OB 3:52PM ET 0.19 0.01 2.70% 528,527 20.67M MGPI 4:00PM ET 21.17 0.03 0.14% 574,341 341.87M OTD 3:59PM ET 1.06 0.02 2.09% 493,800 76.62M PEIX 4:00PM ET 21.00 0.38 1.84% 3,740,703 660.39M STKL 4:00PM ET 8.95 0.19 2.08% 573,978 509.38M VRDM.OB 3:59PM ET 0.105 0.015 16.67% 6,614,990 26.23M VSE 4:05PM ET 27.18 2.12 8.46% 2,424,100 2.03B XNL 4:01PM ET 9.25 0.11 1.18% 376,900 243.47M Get a snapshot of today's market action in Market Overview

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