VeraSun's Management is DIRTY

Mpreover, the problem is not limited to Verasun. Bill Gates bought a large stake in Pacific Ethanol (symbol: PEIX) when the share price was high, many normal shareholders got sucked in by the "Bill Gates" name, then PEIX's share price crashed. Gates sold some shares at the bottom, presumably to make the normal shareholders feel better. Maybe I'm wrong, but I don't think Gates got rich by buying high / selling low.

Seems like the finance industry isn't the only industry plagued by unscrupulous behavior.

They are saying Verasun just bought futures at high rates to trigger the bankruptcy, but I firmly believe the flaws go much deeper as the numbers you discussed. Disgusting management on a company that could have prospered under the right subsidies and agenda. Disclosures were always rocky from these guys... and it pillaged its own remaining value

Not a fan of the ethanol trend, my market research on the entire industry to my ppl upstairs made me a believer this is not the way to go... but I did have high returns during the summer from VSE fluctuations.

yay another bad micro! surprise!

ADM is the only one left, go ADM on ethanol. They are the only one to profit from the decline in corn futures. (they are the first and only ethanol supplier left standing)

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