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researcher59

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researcher59

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Re: wadegarret post# 160458

Friday, 04/18/2014 9:43:33 AM

Friday, April 18, 2014 9:43:33 AM

Post# of 173718
Wade: PEIX (14.73) should not tank on a shelf filing, but if it does it would be a buying opportunity .... if there's another offering, then I'd expect perhaps a 10% selloff. The recent $28M offering only took the stock down 3% at the opening and about 9% on the day.

I do think the stock will continue to be volatile and could trade back down in the $13's next week.
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