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OT: Ethanol Investors?
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Posted by Rauville on September 03, 2006 at 06:48:52 from (209.180.79.65):
Are any of you getting on the "ethanol bandwagon" by investing? Our area ethanol plant just had another equity drive, and raised 95 million dollars within 3 days by selling shares at $2 each to local investors. Since their initial startup equity drive in 2001, they report investors have earned 200% in dividends on their money, and shares have split 18 to 1. From an outsider's viewpoint, this certainly looks like where we should be putting our money. What do you think, can the ethanol boom continue? Or does every boom end in a "poof", as some suggest?
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