Hi Mr. Spyder, I think I rote too fast when I wuz
talkin bout PEIX and BIOF,,, I dont liek theze cumpanyz, only the stocks.. see I only daytrade them only for lunch munny every now and then.
I like them cuz:
1. They are "situation" stocks, you know liek "hurricane" stocks,
so if sumthin happens with ethanol like on the 1/21 10->15 ethanol news, the pps gitz cranked up. Since there are only 2 pureplays, and they are tiny, the FOCUS VOLUME on just these 2 tiny stocks is just enuf to daytrade on. And Ethanol news pops up moar often than Hurrikanez!
2. Then, cuz PEIX and BIOF are practically OWNED by hedgie(U menshuned Goldman and peix, I think BIOF iz owned 1/2 by greenlite partners), hedgie plays them long-short-long-short, so you get gud swings... But You Know hedgie is not gunna let em drop too far and get delisted or sumpthin...
So, #1 you get pops on outside events, AND #2 you get pops becuz Hedgie is runnin tha show. You have to watch klosely to see when to get in and out, like I wuz trading BIOF yesTURDay - since BIOF alreddy droppt 20% last cupple dayz, then took another 10%% dive this in the AM I jumpt on it at 92 and sold on the hedgie-powered uptickk in the afternoon at 95.
