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Author Topic: IESV.... ETHANOL.
cactus33
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I think that IESV is heading north. Looks like it calmed down after the last bounce and is gearing up for another run. This could be a good time to buy in. Ethanol is'nt going away IMO


http://biz.yahoo.com/prnews/060420/lath063.html?.v=54

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Darth Vader
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I'm thinking this is a good bounce play for tomorrow. Its on its way back up. I got in at .070. I agree i think its headin north.

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May The Force be us!!

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matto
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Why Darth?

http://stockcharts.com/h-sc/ui?s=iesv&p=D&yr=0&mn=6&dy=0&id=p53062547168

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wiseoldman
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I agree with Matto the chart doesn't look to good

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The only thing that goes up at my age are stocks!

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Darth Vader
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I'm not saying go long with this thing, but I think it hit bottom at .067 and will run back up to say the .08's. I just like to play the bounces. I really don't go long with any of these sub pennies. Just my opinion guys. Good luck.

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May The Force be us!!

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cactus33
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I agree .067 was bottom and showed strong support in that area late in the day. Im looking for this to bounce to the mid .08's by the end of the week. Im hoping that they will launch another pr about pursuing ethanol. which is just another part of their bio-fuels plan. This went on a pretty hard run last week and another little run on thursday. I still think that the gaps being filled right now, from those last runs. looks like around .07 is the lowest it wants to go right now. Im betting on a good pr. we'll see?....
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cactus33
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lookin good early, bring on a pr about ethanol production .....
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