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.