Posted 1/10/2019 08:53 (#7234432 - in reply to #7234379) Subject: RE: Considering Ethanol Stocks
west central MN
The loses have been pretty bad for well over a year already and some plants might not make it. PEIX went through a bankruptcy not that many years ago and I am not sure how many profitable years they have had after they got out of bankruptcy. I think it would be possible that you could buy shares and not too long after that there could be some bad news that could drive prices lower fast. It seems to me that on ethanol stocks there is usually a pretty good delay in what drives the stock prices and current financial profits or loses. I plan to wait until I see some positive crush margins and then maybe buy some stocks in a couple of different plants.