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Thursday, October 27, 2011

Cleantech Energy Trading Alert; BioFuel Energy Corp.(NasdaqCM: BIOF ) Gains over 20%

Point Roberts WA-, October 27, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research, releases a trading alert for BioFuel Energy Corp.(NasdaqCM: BIOF ). The stock is trading up at 0.2579,up  0.0479 (22.81%) 1:55PM EDT.

The Company recently announced that it will be releasing its third quarter 2011 earnings on Wednesday, November 9, 2011, after the market closes.

A report  released on 11 October, "Biofuel Markets and Technologies" by Pike Research notes  that the global biofuel market will double within the next decade to $183.3 billion from its current level of $82.7 billion, with ethanol production accounting for $78 billion of future worldwide biofuel production, while predicting that biodiesel production will reach $25.5 billion. Perhaps not surprisingly, Pike Research predicts that the US will become the world's leading biofuel producer, accounting for 71 percent of alternative fuel by 2021.



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