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Dream on buddy...
Yes. I have only played run up's the last couple years and not used to sitting and waiting not knowing where it is headed.
On second thought, I keep thinking Romney's chances are dwindling and he will get a shellacking from Obama during the debates. An Obama re election probably will fuel another brief run up to play again.
I am getting out of this BS stock soon. Only playing it on the hype fueled run ups from now on. Below is a picture of all LONG's having a round table forum waiting for the stock to take off....
http://tarotcanada.org/Girls_Waiting.jpg
Every article I find on Ethanol these days get more and more negative. Seem the "Baltimore Sun" is the only news source that always butters the ethanol producers. Sounds like back room dealing to me.
No. Want it to get up to .50 at least.
This sucker better start moving up. I bought significant shares and better not get caught in a stationary catatonic state...
To tell you the truth, I wouldnt be surprised if it dropped to .10 or jumped to 10 dollars. Most unpredictable stock I have ever played....
Ready to make some cash this week!
Hot dog! My .38's were filled! Great way to start my week!
If your buy order is executed, you can place a future sell order anytime you want. My sell order will take several days if it reaches the price I want. Nothing complivcated at all here.
Negative. I already have my sell order placed and it it not in the 50's. Over and out. GLTU.
Bid adjusted to .38. I am signing out. GLTA and have a great weekend.
Totally kidding. Just summing up this past 2 weeks post from everyone ;)
I am sorry it angers you that I am "winning".....
I see this hitting a dollar today and 3 dollars next week :). I have cashed out 75% of all my other stock positions to play PEIX. Total cash cow.
Yes, load up. I am not a long player and have loaded up once and have another a bid placed...
Thought I would brighten the mood in here with a funny picture of two PEIX long holders taken yesterday...
http://www.google.com/imgres?q=funny+redneck+pictures&hl=en&sa=X&biw=1280&bih=687&tbm=isch&prmd=imvns&tbnid=K3dwOpu78kUzsM:&imgrefurl=http://comments20.com/Recados/category/funny/funny-rednecks/&docid=jikfTbGydDlV7M&imgurl=http://comments20.com/Recados/wp-content/uploads/2012/06/Funny-Rednecks-35.jpg&w=700&h=587&ei=d31cULPjJ6aC2wWO8YCoCw&zoom=1&iact=hc&vpx=395&vpy=189&dur=6320&hovh=206&hovw=245&tx=107&ty=229&sig=109510425454948670454&page=2&tbnh=147&tbnw=184&start=16&ndsp=20&ved=1t:429,r:1,s:16,i:198
Order never executed. Place bid order at .35
pacific-ethanol-inc-prices-110-million-public-offering-of-common-stock-and-warrants-20120921-00269
If you were able to make a profit then that is called a victory. Get all your money back plus some and then yes, play this stock at its own game. But if you relaly need that money for something else I wouldnt play this at all, much less any other stock.
Strange, my order still hasnt gone through???
Alas, PEIX continues to keep the faithful. Almost like a cult to me. Bought a nice block but dont plan on staying in long.
That is not the way to look at it. Get a new battle plan ready and play it. Going back to .70 is not unrealistic and you still can make money. Play this stock at its own game.
I just wanted to say to all longs out there...do not feel bad about anything. I got in this for the long haul 5 years ago and truely believed this was going to make its way to 50 dollars a share. Got burned soon after but have more than recuperated my loses by playing the many run up's afterwards. Many new people come aboard believing golly this is a winner over and over. It's a great way to make money shorting and I have actually lowered the risk from extreme to moderate playing the run ups in my head. AND..of course it may, just may go to 20 dollars. Very disappointing because they keep losing so many true believers who are willing to wait a long time for success of PEIX. Management seems to want to do it at the expense of all the supporters. Will not totally exclude this so I will not be vilified if it does....
This kind of strategy from management is the reason people have no faith in PEIX. They have been doing this for awhile and if you pull up the 5 year chart it shows it with all the steap peaks and valleys and NO platea's. I am always nevervous as hell when I buy shares of PEIX but have learned to play the run ups...in and out.
You know, my hunch is that they will go delisted will trying to get there "long term" plan in action. So many variables out there keeping PEIX from getting the jump start they need and SUSTAINING it. I wouldn't bet on a r/s but this is just my opinion.
I have four words for playing this stock "get in" and "get out"! Looks like it will be a great year!!
I swear. I knew it. This is the same ole pattern we see over and over with PEIX after run ups.
If I were you I would sell at .70 if it hits there again. Take your profit and call it a win. This stock has been extremely volatile for 5 years if you look at the chart history. Only good for short plays with big money right now. You cannot live the "what if" mentality if it goes to .80 if you sell at .70 . Take your profit and put a check in your "win" column.
You shouldnt have commented on the "seven years". People will sell out when they see that! ;)
Looking at the one month, one year, 3 year and 5 year charts show nothing but short steep run up's and run downs. There are no plateau's meaning PEIX is unable to stabilize. This what most investors are probably waiting for to jump in long
This plant is in China but if successful it could change the whole dynamics of the ethanol industry.
http://www.businessweek.com/news/2012-09-20/celanese-to-produce-ethanol-from-gas-with-reduced-capital-budget
Celanese Corp. (CE), a chemical maker with a process to turn natural gas and coal into ethanol invests in facilities that make the gasoline additive normally derived from corn and sugar cane.
There are plants being built to produce Ethanol from coal and natural gas now. With coal cheaper than it has been in a decade and natural gas plentiful, this would be bad news for plants producing from corn???
Did you get caught up in the hype and playing for the dollar mark???