posted
I like this one alot wanted to buy it at $17. ethanol and uranium are obviously great plays. PEIX has a better business plan and has alot of growth planned in the future. I say it'll go up to at least $35 by January. anyone know of any other public ethanol co? I can't find any.
Posts: 1 | Registered: Apr 2006
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posted
A snippet of news from May 26: Pacific Ethanol Inc. announced that it has entered into a definitive purchase agreement with a group of institutional investors to sell 5,496,583 shares of common stock at a price of $26.38 per share for gross proceeds of $145 million.
So current PPS is nearly 30% below of the price institutions paid in a private placement?
It's hitting support at 18.3.. takes us all the way back to the March trading range levels -- maybe a bottom after all?
It would be good to see some consolidation.
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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posted
I did well with PEIX. Now I think the bull market on ethanol is over. PEIX, I think is a long term play now. I hope to buy in again during the winter when there is no serious ethanol talk in the news. Im debating between PEIX and VSE
Posts: 25 | Registered: Jul 2006
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posted
be careful, i follow this stock close, i think it breaks 8 first, but you are right it is trying to find bottom, this has been on SHO for a while and has serious naked short issues, until i see it off SHO i wont enter, just too risky
posted
i just noticed how this closed, wtf, someone get a huge amount after hours? i didnt watch this eod..weird
Posts: 6397 | Registered: Jan 2006
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posted
you dont understand english tex? another crazy close with peix. wise ones are making money here.
Posts: 6397 | Registered: Jan 2006
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