Xethanol Corp (XNL)

What's this? Another over-hyped ethanol company with raising revenue and rapidly decreasing net income? With the company and its insiders selling shares? And borrowing money to stay alive? Good grief, there are times when you simply have to wonder how in the world people see promise in such a company. Will the semi-unique name keep the company in business? Unfortunately, it won't. XNL has nothing going for it, short or long-term. Eventually, the market, investors, and traders will realize what a mistake it made by actually believing something like ethanol could actually put that big of a dent into our fuel problem. Corn was one of the few crops to do okay this year. Just imagine what would happen if corn did not-so-well next year. The farmers who have put millions of dollars into corn, the investors who have poured billions into 'corn ethanol', and the politicians who used it as a way to get elected and popular will all be hurt tremendously. Corn ethanol is being treated and invested in as if it is the way to solve our oil problems, even though 90% of it is used for cattle feed, it costs a lot of money to harvest it (and uses a lot of gas in the process), and is a very inefficient process. Does it really matter if Bill Gates is invested in corn ethanol? Oh wow, if it's okay for Gates, it's gotta be good! Look at the facts, not the hype. If you ask me, it's not that great of an idea to plant a helluva lot of corn, inefficiently process it, and find yourself with a small amount