MGP Ingredients, Inc. (NASDAQ:MGPI)

CAPS Rating: 1 out of 5

A fully integrated producer of certain ingredients and distillery products and has two reportable segments, ingredients and distillery products.


Player Avatar goldminingXpert (29.52) Submitted: 6/13/2008 9:58:39 AM : Underperform Start Price: $6.46 MGPI Score: +7.41

Ethanol is dead.

Report this Post 2 Replies
Member Avatar cubanstockpicker (21.08) Submitted: 6/25/2008 5:35:12 PM
Recs: 0

Its not an ethanol stock

Member Avatar rulit2 (< 20) Submitted: 7/8/2009 4:12:55 PM
Recs: 0

this is NOT an ethanol stock..... they used to make ethanol out of the byproduct of their gluten/starch operation but have since completely abandoned the commodity ethanol market. everybody lumps them in with ethanol stocks when in fact they dont even produce ethanol anymore they still make food grade alcohol including skyy vodka and several brands of gin and pharmaceutical grade alcohol for mouthwash, disinfecting wipes etc.but are completely removed from the ethanol market and have been for some time now.

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