balcobulls (30.32)

Ethanol might have a run during Q1

January 11, 2012 – Comments (0) | RELATED TICKERS: PEIX

South American Corn is threatened by dry and hot conditions Bloomberg reports.  (The Link to the actual article is below.)  Ethanol will be needed from other sources such as the U.S.  Futures are already increasing due to this situation.  I would not bet on some of the spec stocks such as PEIX to have year to bring it back to glory, yet it should give you a small spike to dump your stock if you missed $1.80 a few weeks ago. 

http://www.bloomberg.com/news/2012-01-09/ethanol-advances-on-concern-that-south-american-crops-damaged.html