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“Did I happen to mention the fact that I do a lot of research?”
I’m impressed!
“You can laugh all you want, but only those of us who own the shares can profit from that ownership. “
I’ve been holding PEIX shares since 2011, and it is nice to see some fresh blood getting enthusiastic over such a brief and small rise. People who bought today at 1.22 might have some doubts, but maybe you can inspire them!
If they where wise, they would have sold also somewhere down that line. Nobody always buys the lows and sells the highs. And there have been stocks making larger highs and lows, so ‘wise’ is only relative.
I didn’t know that, but I think that a worm has better insights in investing then some.
“Yes, let's all laugh at the people who didn't buy at $1.11”
Please stop, there is a limit to how much I can bear
“It looks like this year won't have any resolution of the lawsuit”
Based on???
“Those numbers are working out just fine for anyone who bought last Friday at $1.11/share.”
LOL
What's up with the spread? Is it really 0.01 - 0.09? This stock always had a big spread, but this seems extreme.
“You missed an important change that is already in the process of being completed. “
In the past there have been many changes in regulations that should have been positive. Everything helps, but there is more to making a profit.
We first do need to see how it works out, or do you have those numbers already?
Did you notice that the book value per share growth rate is -11% (from $7.33/share to $6.55/share) for the last quarter alone? It seems like the Growth rate is getting worst each quarter. That might be an indication about what is causing the share price to keep on dropping.
If they can make the book value grow again, investors might start seeing peix again as a better long term investment. But first things need to change.
“During the past 12 months, Pacific Ethanol Inc's average Book Value Per Share Growth Rate was -12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.”
https://www.gurufocus.com/term/Book+Value+Per+Share/PEIX/Book%252BValue%252Bper%252BShare/Pacific%2BEthanol%2BInc
Unforunatly, the book value per share has declined the past few years, and so has the share price. It seems like most investors aren’t seeing the oppertunity.
Times might change. I hope they do, but with PEIX it has been a long time since the share price was reflecting the book value.
https://www.gurufocus.com/term/Book+Value+Per+Share/PEIX/Book%252BValue%252Bper%252BShare/Pacific%2BEthanol%2BInc
This isn’t updated with the 4rd quarter, but you already shared those numbers.
“Pacific Ethanol Inc (NAS:PEIX) Book Value per Share: $7.33 (As of Sep. 2018)
Pacific Ethanol Inc's book value per share for the quarter that ended in Sep. 2018 was $7.33.
During the past 12 months, Pacific Ethanol Inc's average Book Value Per Share Growth Rate was -12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pacific Ethanol Inc was 125.60% per year. The lowest was 0.00% per year. And the median was -2.40% per year.
Pacific Ethanol Inc's current price is $1.14. Its book value per share for the quarter that ended in Sep. 2018 was $7.33. Hence, today's PB Ratio of Pacific Ethanol Inc is 0.16.
During the past 13 years, the highest P/B Ratio of Pacific Ethanol Inc was 43.09. The lowest was 0.07. And the median was 0.75.”
“Greenshift needs to file an 8-K because the ownership of a majority of their voting stock has changed hands.”
Here you go again. If you say the message on the skunk blog is no proof, then you got no proof for this statement.
Posting BS over and over again.
You can try to divert attention from the fact the you where wrong about Viridis handing over the GERS shares to BTZO. But that doesn’t make a difference. You’re proven wrong!
Now it is your turn
Me:
Me: "So you say you didn’t say Viridis didn’t own GERS anymore"
You: "They didn't but now they do, according to the documentation that I've seen"
I don’t think it has much to do with the lack of real news.
It all has to do with this transaction:
"Kevin Kreisler, GreenShift's CEO, transferred its ownership interest in Viridis Capital LLC to Bitzio, Inc., a Nevada corporation (OTC Pink: BTZO) ("Bitzio"), in exchange for an 80% equity interest in Bitzio. Viridis Capital was, at the time of the transfer, the owner of 800,115 shares of Series D Preferred Stock issued by GreenShift. "
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11123720-1154-9589&type=sect&TabIndex=2&companyid=605034&ppu=%252fdefault.aspx%253fsym%253dGERS
Nothing you have shared shows that Viridis didn't own GERS anymore.
Practice what you preach.
Where are your links?
The 10-K for 2016 and the 8-k that shows the transfer of a majority of our voting stock from Bitzio to Viridis.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147551383
BS, I referred to your 8k and 10k story, so you probably know where to find them.
But hey, since they aren't in your encyclopedia and since you have a hard time reading them well, let me link them for you. Maybe you just did visit the wrong website:
8K
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11123720-1154-9589&type=sect&TabIndex=2&companyid=605034&ppu=%252fdefault.aspx%253fsym%253dGERS
10K
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11330633-1080-258793&type=sect&TabIndex=2&companyid=605034&ppu=%252fdefault.aspx%253fsym%253dGERS
Anything else you need your hand to be held for?
I believe they haven't been the earliest infringer, but depending on what the judge might tell them to pay it might be too much. I believe however that when they bought ICP, PEIX also became (partly) client of GERS. So it could be they have less to pay.
“Reality is hard for some people to accept. The current price is 975 times the par value, so there is no reverse split in Greenshift's immediate future. “
And that’s what we are trying to say. That’s because Kevin could avoid dilution.
This was the pace of the previous dilution:
November 11, 2016, there were 1,413,490,221 shares of common stock outstanding
August 18, 2016, there were 646,024,221 shares of common stock outstanding.
April 22, 2016, there were 204,745,625 shares of common stock outstanding
November 20, 2015, there were 57,021,234 shares of common stock outstanding.
So you not using TA to predict what PEIX will do, but to tell what PEIX just did.
Try a RS, that’s why we had those in the past. That way the amount of shares is brought back and dilution can start over again.
I think the chances for the dilution where a lot larger then for the bombs on Amsterdam.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143879589
Sorry, but I think I have to repeat myself, because I think that you might have missed that I wasn't giving Kevin credit for the rally, but for the absence of a very large drop in PPS like we have seen in the past. Moving from 0.1 toward 0.0001 in no time.
This was what was causing it: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126571953
These times are behind us, with Kevin to thank for it.
Then you are probably in the right spot, but I don't think it will support your bullish trend a lot.
Yep, You can try to figure out what has caused a rally. But how do you prove it if somebody avoids an extreme drop in share price, by avoiding dilution? Sometimes it isn't about what you see, but about what you do not see.