I want to invest in Algae Biofuel but I don’t know how I can do so. Many of the companies are private companies that don’t have stock symbols. Do I just invest in big companies that invest in Algae like Chevron or Exxon? Or is a commodity I can buy?
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2 Responses
You could go to http://www.sec.gov navigate to the Edgar search, do a word search for the term “Algae Biofuel” to find public filings where that term is used and narrow your search from there. I am not aware of an Alage Biofuel commodities contract.
Posted on March 18th, 2010 at 7:42 pm
I don’t think that it is being traded on the commodity exchanges yet since the technology is still being developed. I read recently that one of the majors, I think it was Shell, has been doing research in this area and had budgeted an investment of $650 million into this technology in the near future. Probably the only way to invest in this technology at present is to purchase stock in the companies that are currently developing this technology.
Posted on March 18th, 2010 at 8:00 pm
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