InvestorsHub Logo
Followers 25
Posts 5233
Boards Moderated 0
Alias Born 12/02/2011

Re: None

Wednesday, 12/14/2016 6:16:26 AM

Wednesday, December 14, 2016 6:16:26 AM

Post# of 30375
An interesting overview of PEIX share information:

Source: http://www.ubs.wallst.com/ubs/mkt_story.asp?docKey=1329-L1N1E80PR-1&first=0

BUZZ-Pacific Ethanol Inc: Shares slide on block trade

10:17 am -- ** Pacific Ethanol shares drop more than 7 pct to $9.50 session low before paring some losses

** Market sources say Goldman Sachs re-offered block of 2.8 mln shares at $9.55, a 6.8 pct discount to PEIX's Mon close; seller(s) not known at this time

** Candlewood Investment Group is easily PEIX's largest investor; HF manager owned 10.13 mln shares, or 26 pct, at end-Sept, per Thomson Reuters data

** Next 5 investors all own between 1-2 mln shares (TR data)

** PEIX has traded 365k shares, half the 30-dav avg

** Stock jumped to an 18-month high on Mon after co said it entered agreements to refinance debt and acquired ownership in Aurora, Nebraska grain elevator

** In wake of announcement, Craig-Hallum raised its PT to $14, saying debt refinancing removed overhang on stock amid improving industry fundamentals for ethanol market

** PEIX shares recently down 6.3 pct at $9.60, but still a double this year
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ALTO News