Posted: 9 month(s) and 1 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: TrevorChase

Another day, another report on my favorite Texas-based solar company GreenHunter Energy (GRH.AMEX). GreenHunter rose 44 cents, or almost 22%, to $2.48 making the stock the top gainer on the American Stock Exchange. Volume was more than five times the daily average.

Thankfully, there was some news to explain GreenHunter's pop today. The company amended $48.5 million in loans with lender WestLB AG. The loans are backed by GreenHunter's biodiesel refineries in Houston.

So finally we got some news on GreenHunter to explain its odd behavior in recent days. Tomorrow's trade will be telling. Does the Street believe in GreenHunter going forward or is a brutal sell-off in the works? Only time will tell.

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