That conference brought good attention to biodiesel and Earth Biofuels. Director Willie Nelson and wife Annie won the "Influencer" Award. Pearson Ford in San Diego began selling biodiesel. Earth Biofuels added some flash to the show with a hot looking biodiesel motorcycle they had developed. New plant in Durant, OK should be operational late March. Completion is late, but it is their first big one and there were hurricane interruptions in the building of major equipment. The aggressive business plan on their website calls for a total of 6 this year. While that seems a bit optimistic, any additional starts and completions may be good news for the price per share.
Another PR plus, Willie Nelson's biodiesel website shows stock symbol, EBOF.OB.
While this is nowhere near CANSLIM, it does have a big N -- biodiesel is new and has a lot of good things going for it this year, and M -- the market for alternatives looks hot for 2006, and a few years to come. A lot of celebrities are hot for biodiesel and this should help it get the attention of others.
Some investors may see parent, AOOR, as a better value at the current time. AOOR has other things going in liquified natural gas, natural gas, oil, and pipelines. They are also dabbling in hydrogen research. Look at the 2005 chart for AOOR and one will find a lot of excitement and stock volatility over the acquisition of biodiesel (and a Russian oil deal that didn't pan out and has been canceled). AOOR spun off EBOF as a public subsidary because investors like Morgan Freeman and Willie Nelson wanted into the pure biodiesel business and not the other AOOR energy areas.
Both stocks are OTC.
John |
