Another outstanding day for Ethanol Companies
Ethanol stock continued their climb on Monday, 4/10/2006.
1. Pacific Ethanol Inc. (Nasdaq: PEIX) - Closed the day up $3.00 (10.62%) to $31.25. Pacific Ethanol shows no signs of cooling off and keeps making yearly highs almost everyday. The company is approaching market cap of $1 Billion. At what point does the run end?
2. Green Plains Renewable Energy Inc. (Nasdaq: GPRE) - Closed the day up $7.08 (18.41%) to $45.53. The stock has more than quadrupled since its recent IPO.
3. Xethanol Corp. (OTCBB: XTHN.OB) - Closed the day up $2.39 (24%) to $12.35. Xethanol has been on a tremendous run as well. I was hoping for them to answer my questions but no luck.
Jim Cramers pick, Andersons Inc. (Nasdaq: ANDE) had a great start but closed the day down $2.87 (3.23%) to $86.10.
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