Showing posts with label BIOF. Show all posts
Showing posts with label BIOF. Show all posts

Thursday, April 3, 2014

After Micron, David Einhorn Targets This Small Company

This article was originally published by GuruFocus on March 29, 2014

By Sarfaraz A. Khan

David Einhorn (Trades, Portfolio)’s Greenlight Capital (GLRE) has recently released a preliminary proposal in which the business could acquire a small ethanol company called BioFuel Energy (BIOF). As a result, BioFuel’s shares have soared in after hours trading, showing anincrease of more than 50%. Before this, David Einhorn (Trades, Portfolio) added Micron Technology (MU) to his portfolio. The DRAM maker will likely release its quarterly results on Thursday in which the company could post significant improvements in its revenues and income.