TITLE

Ethanol stock slows

AUTHOR(S)
Dillard, Gabriel
PUB. DATE
April 2007
SOURCE
Business Journal Serving Fresno & the Central San Joaquin Valley;4/27/2007, Issue 323705, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decreasing market value of Pacific Ethanol Inc.'s stock in the U.S. stock market due to high prices of corn, the basic feedstock for ethanol production. According to analysts, stocks may decline further due to insider trading among executives indicating doubt on the company's future and the health effects of using ethanol as fuel. However, the production of distillers grain as feeds for cattle and the search for other uses of ethanol could also signify growth.
ACCESSION #
25116764

 

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