In Case You Missed It

"America's Oil Addiction" which was all ready broadcasted May 17th on CNN's Larry King Live will re-air on Sunday(9 p.m et) to a more broader audience.  The show will be packed with several guests. They are Robert Redford (Leading "Kick the Oil Habit Campaign), David O'Reilly (CEO of Chevron), Senator Kay Bailey Hutchinson, Senator Dick Durbin and Sir Richard Branson. They will discuss the situation with oil prices, alternative energy, and cellulosic ethanol. What affect will this have on the ethanol stocks monday? If I can recall, the last time ethanol was talked about with optimism on national tv (60 minutes and Dateline NBC) the stocks of the ethanol companies reacted positively the next day:

Lets take a look back, the monday after 60 minutes and Dateline NBC broadcasted their ethanol segments:

SymbolLast TradeChangeVolumeMkt Cap
ADM4:02pm43.22+2.52+6.19%9,789,50028.401B
ANDE4:00pm119.39+9.19+8.34%882,579907.2M
GPRE3:59pm47.00+3.39+7.77%28,468203.0M
GSHF.OB4:00pm0.355+0.02+5.97%2,057,08040.2M
MGPI4:00pm31.88+2.64+9.03%1,959,100510.9M
OTD3:59pm1.70-0.08-4.49%1,907,30078.9M
PEIX4:00pm39.51+4.27+12.12%7,050,5381.207B
STKL4:00pm11.77+1.10+10.31%5,026,202667.0M
VRDM.OB3:59pm0.214+0.029+15.68%22,930,84852.1M
XTHN.OB3:59pm13.42+1.66+14.12%1,216,719217.0M
Get a snapshot of today's market action in Market Overview

Lets see speculation work in action!

 

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