August 22, 2006 09:34 ET

Hot Stocks to Watch for Tuesday, August 22, 2006: Construction Commenced on Second Mega-Million Gallon Ethanol Plant!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.

WESTON, FL -- (MARKET WIRE) -- August 22, 2006 -- announces the following stocks to its Hot Stocks List: Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), Pacific Ethanol, Inc. (NASDAQ: PEIX), VeraSun Energy Corporation (NYSE: VSE), Evergreen Solar, Inc. (NASDAQ: ESLR)

Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) just announced that it has commenced construction on its second 50 million gallon ethanol plant being built near Superior, Iowa. Mathiowetz Construction of Sleepy Eye, MN was awarded the contract to do the dirt work and grading at the site and has commenced doing the work.

GPRE is currently building a 50 million gallon name plate ethanol facility in Shenandoah, Iowa. That plant is fully funded and is expected to commence operations in mid 2007. The $47 million net raised in GPRE's recently closed secondary offering will finance part of the construction and start-up costs of GPRE's second 50 million gallon Superior, Iowa plant. The Company intends to expand the production capacity at both of these plants in the future and also intends to build other plants at other locations.

The Company expects to have the capacity to produce at least 110 million gallons of ethanol on an annual basis by the end of 2007. GPRE currently has only about 6 million shares issued and outstanding. Once the plants are completed, each GPRE share will represent approximately 18.3 gallons of 2008 ethanol production (15.5 gallons per share on a fully diluted basis), which we believe is significantly more production per share than other comparable companies.

Other stocks highlighted include Pacific Ethanol, Inc. (NASDAQ: PEIX): Hot Stocks List, up 1% on 2 million shares, VeraSun Energy Corporation (NYSE: VSE): Hot Stocks List, down 1% on 2 million shares, Evergreen Solar, Inc. (NASDAQ: ESLR): Hot Stocks List, down 1% on 1 million shares.

"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at:'s Daily Stock Updates:, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated Seventy Five Thousand Dollars dollars for GPRE. CRG intends to sell its shares. CRG has sold approximately zero GPRE shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

Contact Information

  • Chuck Tamburello
    Phone: 954-217-8555
    Fax: 954-217-1500