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BioFuels Energy Corp. Message Board

  • traderxyz009 traderxyz009 Apr 3, 2012 8:02 PM Flag


    Nothing to get excited about the shareholders will vote against the reverse split, it is not the answer. Biofuel will make it without r/s that is why. 2 good quarters of earnings plus biof is on the e-15 list of companies. The company decided on the r/s before the good news came in about e-15.

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    • I hope you are right. If peix can go above a buck biof should too , particularly now since they have E-15 approval as supplier. What if they fix the votes. Don't you have to be there in person to cast a vote ? There is no absentee ballot that I could see. How many shareholders will be there to say otherwise ? And what about the price of the stock in the meantime ? the vote isn't until may 24th. That's a long ways away. We will know by april 16 if we don't go up above a dollar. Why take a chance then when the voters could knock it down and force delisting. I think we should go up by the 16th.In after hours today it went to .60 and the bid is now like .56. Crazy, on good news.