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Author: OuijaBoardPicks Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63  
Subject: Green Fleet Downturn Date: 7/5/2012 10:10 PM
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The taxpayers are not impressed with the Navy spending $26 to over $400 a gallon for experimental biofuel. If the green fleet program is killed, how big a dent will that put in Solazyme?

I took a beating on First Solar. I can see the government sponsoring research. I can see the government providing some loans, if they get paid back. Now we have the government providing a consumer for the product. I keep investing in green energy, but it scares me. I'm afraid that some people will get in early and cheap, the government will prop up the business, the stock begins to look attractive, then the guys in the know and the insiders bail and leave smucks like me holding the bag.

I need some reassurance that Solarzyme can survive without the Green Fleet subsidy. I don't care about the analyst downgrade, I'm worried that the public will be up in arms and kick pricey biofuel to the curb.
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