Looks like it went down with fuel prices a few weeks ago, when the winter was mild. Now with the weather getting bitter and fuel issues and prices re-emerging, this one looks poised to trend back up. JMHO
Posted by N-VEST-R on :
looks like 6 months of downward spiral to me.....maybe wait for it to start the turn around first.
good luck
Posted by efchamp on :
I agree I would wait and watch this one. I don't think it has hit bottom yet. Good luck with this one. I think I will watch it for a while.
Posted by Steam_Ahead on :
I am watching this as well and noticed that it broke support at .2 late November of last year and hasn't recovered yet... Here's the news of Nov. 28th 2006, ________________________________________
Earth Biofuels Acquires Liquefied Natural Gas Producer, Marketer
DALLAS--(BUSINESS WIRE)--Earth Biofuels, Inc. (OTCBB:EBOF - News) today announced that it has acquired Apollo LNG, Inc. from its majority shareholder, Apollo Resources International, Inc. (OTCBB:AOOR - News) in exchange for common stock of that company. Apollo LNG, Inc., now doing business as "Earth LNG," owns a liquefied natural gas (LNG) processing facility in Topock, Arizona that currently produces over 80,000 gallons of transportation-grade LNG per day, and has a capacity of 86,000 gallons of LNG per day. LNG produced by the plant is sold primarily to municipal fleet customers located along the west coast of California.