Konrad,
I bought a new Datsun (now Nissan) in 1979 and got 45 mpg. Got a '90 Ford Taurus that got over 30mpg. on the highway. The modern cars except for hybrids don't get as good mileage. It is not in someone's best interest to continue to improve gas mileage. I wonder why?
---------billyjoe
The Little Tigers' Stock Den
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Great to see you guys(gals) interested in the markets.Originally posted by Konrad View PostHey,
My name is Konrad and I'm a Junior at PHS. I'm also participating in the "stock portfolio challenge" as I'm currently in second place. Majority of my position is in PEIX (the stock which Morgan unsuccessfully tried to short). I got in @ $13.80 right after they announced the completion of their first plant, which is very optimistic news. I also have a small position in AKAM. I run an alternative energy blog, http://www.GoG2G.com, which focuses on socially responsible stocks and the future of alternative fuels.
Nice little Blog you have there...But be careful on Alternative Energy...Someday it will be big although I doubt that it will be in my life time...The oil barons are too smart for that to happen any time soon...I believe that oil is down to squelch alternative sources right now...Unfortunately, alternative sources are cost prohibitive(sp???) now....Best, Doug(IIC)
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Guest repliedHey,
My name is Konrad and I'm a Junior at PHS. I'm also participating in the "stock portfolio challenge" as I'm currently in second place. Majority of my position is in PEIX (the stock which Morgan unsuccessfully tried to short). I got in @ $13.80 right after they announced the completion of their first plant, which is very optimistic news. I also have a small position in AKAM. I run an alternative energy blog, http://www.GoG2G.com, which focuses on socially responsible stocks and the future of alternative fuels.
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covered peix today @ 15.17, that was close.
Shorted MNCS @ 3.25, closed at 3.05.
Have no idea where this stock will go but seems more likely than not it will be down.
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Mr Market,
That's a good point.
I read on gog2g.com that the US Ethanol production mandated by Bush for 2008 maybe already fulfilled, talk about a bearish indication for ethanol producers coming on line.
Unfortunately the contest only lasts until november 1st, so that may not have a huge effect.
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Hi Gwhiz.Originally posted by Gwhiz View Post..short peix...Not sure what to think. After it seemed to stop at resistence yesterday I would have expected a big down day today but so far its been flatlining. Any thoughts?
Here's a couple. Good luck.



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oh..and tell your buddies when they are bored in study hall to click on the google ads....Karel needs a new pair of shoes.
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Originally posted by Gwhiz View PostI told some of the guys in the contest about this thread so hopefull we'll get some posts. One of them has an alternative energy, specifically ethanol blog, gog2g.com.
I'm at very last place on the rankings with my short of peix, but I'm still optimistic. Not sure what to think. After it seemed to stop at resistence yesterday I would have expected a big down day today but so far its been flatlining.
Any thoughts?
I'll give you a hint. With so much production coming on line, the price of ethanol has gone into the toilet. It is now trading at only 25 cpg more than gasoline. It's very easy to permit for an build a plant and there is going to be lots of imports coming into the country by early next year.
It's not likely that the price of ethanol will ever recover..it will probably end up trading at a discount to gasoline. Couple that with the fact that gasoline prices have dropped so dramatically and the bloom may be off the rose for ethanol stocks.
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I told some of the guys in the contest about this thread so hopefull we'll get some posts. One of them has an alternative energy, specifically ethanol blog, gog2g.com.
I'm at very last place on the rankings with my short of peix, but I'm still optimistic. Not sure what to think. After it seemed to stop at resistence yesterday I would have expected a big down day today but so far its been flatlining.
Any thoughts?
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The Little Tigers' Stock Den
This thread is for Morgan and the rest of the youthful PHS group who have been clawing their way through the stock market. Out of the mouths of babes.....
Ok kids..let's see what you got!Tags: None
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