up the bears nose and way we goooo, page-6

It doesn't matter if the government legislates for ethanol - its the relative incentive to produce ethanol over refined sugar - ie the sugar/petrol spread. It was way too high, caused to much ethanol to be produced, depressed the price (Stopping the Global float).

You now see the push back on sugar demand, coupled with increased supply and you get the 6% fall last night in sugar. Furthermore the BLD result suggest housing is worsening. Going to be earnings downgrades.

Lastly quant funds make up 25% of register, so they'll be selling soon based on their screens.

Stock is going to $2.80.