what happened to sterling biofuels , page-4

There is too much noise around the whole biodeisal thing. We have the orung utan thing, and the competition between those wanting palm oil for food and those wanting it for fuel.

My understanding of ecnomics 101 makes m think that as some of the lesser biofuel experiments close down, the price of palm oil may drop.

I too cant help but feel that the way the stock is being dumped, someone must know something. But the board seems competent. They do have cash in the bank. The plant is ready to go. I also wonder if the Malaysian govt might have an interest in seeing it succeed. Remember Mac underwrie the float when it listed at a buck a year or so ago.

Maybe the sellers are just cutting their losses, and there is nothing sinister.

I am a mug punter, and hold some stock - do your own research.