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I've played this one three different times.....made bank everytime...what intrigues me this time is todays volume......pretty amazing...behold the chart:
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i dont understand those charts and moving averages at all. i took a class in it and i still can't understand how to work them and how you guys read them. where should i go to learn? and how effective are they?
-------------------- double commas and climbing Posts: 285 | Registered: Jan 2006
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quote:Originally posted by narbeh: i dont understand those charts and moving averages at all. i took a class in it and i still can't understand how to work them and how you guys read them. where should i go to learn? and how effective are they?
I think they are very effective....wouldn't trade without them. go to stockchartsdotcom and start reading under "chart school".....
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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GreenShift Consolidates Biofuels Investments; GreenShift's Mean Green BioFuels Converts Agricultural Wastes and Ethanol By-Products Into Biodiesel Fuel Business Wire - February 01, 2006 09:58
NEW YORK, Feb 01, 2006 (BUSINESS WIRE) -- GreenShift Corporation (OTC Bulletin Board: GSHF) today announced the consolidation of its various biofuels companies into a restructured Mean Green BioFuels Corporation ("Mean Green"). The consolidation is a critical part of GreenShift's ongoing implementation of its plan to streamline its portfolio of environmentally proactive companies during the first quarter 2006.
Effective today, GreenShift's investments in BioEnergy Engineering, LLC and Ethanol Oil Recovery Systems, LLC, were transferred into Mean Green along with Mean Green Biodiesel of Tennessee, Inc.
Mean Green's business model is based on the production of biodiesel out of the following sources:
-- soy bean oil;
-- animal fats procured from rendering operations;
-- corn oil extracted from ethanol facilities; and
-- animal fats derived from dissolved air flotation wastewater sludges.
Mean Green intends to finance, build and operate several biodiesel production facilities in the U.S., where it will leverage its proprietary oil recovery technologies to reduce America's dependence on foreign oil by producing high quality biodiesel fuels. With assistance as necessary from GreenShift, and at the option of participating facilities, Mean Green plans to make equity and other investments in ethanol producers and other companies that use Mean Green's innovative technologies.
Mean Green plans to aggressively invest in its brand as it promotes the use of biofuels in America with the objective of offsetting the demand for fossil fuels while reducing harmful greenhouse gas emissions directly in the trenches -- in as many diesel burning trucks, tractors, other heavy equipment and industrial facilities as possible.
Biodiesel is a clean burning alternative fuel that contains no petroleum. It can be blended at any level with petroleum diesel to create a biodiesel blend, it can be used in diesel engines with little or no modifications, and it is simple to use, biodegradable, nontoxic, and essentially free of sulfur and aromatics. Over 37 billion gallons of petroleum diesel are used for domestic transportation each year in the U.S. The total demand for diesel fuel approaches 50 billion gallons per year when construction, farming and other off-road uses are considered. The current production of biodiesel in the U.S. is less than 100 million gallons per year leaving a considerable demand for the renewable fuel.
Additional information on Mean Green is available online at www.meangreenbiofuels.com. Interested parties that wish to put Mean Green's technologies into action today or who are seeking investment in their biofuels company should contact Mean Green at 888-870-9193 or getmean*meangreenbiofuels.com.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GSHF) is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding. GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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I got in yesterday at .118...I guess bush mentioning ethanol helped move this. I sold some and I am holding the rest to see what happens...gl all
Posts: 56 | From: Pa | Registered: Dec 2005
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Yeah. This stock has legs. I think it'll climb a lot more.
Anyone with L2's know where that order for 1155900 shares came from? It looks pretty encouraging. It's always nice to see some bigger players jumping in.
Also the 11.5M shares traded so far today is well above the 2.4M average over the past 5 days. +30% on volume, and the day isn't through. We may see another gap up tomorrow.
Posts: 48 | Registered: Jan 2006
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