Aventine Renewable Energy Holdings, Inc. (NASDAQOTH:AVRNQ.PK)
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The Company and its subsidiaries, is a producer and marketer of ethanol in the United States.
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The Company and its subsidiaries, is a producer and marketer of ethanol in the United States.
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Alternative Energy is a poor sector overall. Unless something drastic happens (and by drastic, I mean oil at $100 a barrell), these stocks are going no where.
I don't know enough about this industry, but they do figure we are in the range of having used up half of our world oil supplies...
That does not change the fact that this is a crappy company with a substandard product.
How is your pick doing?