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I think the warrants are being exercised and sold. Look at L2 these blocks of 6000 shares keep showing up
Short interest up again
3/31/2014 2,586,094
info from nasdaq
1.2 days to cover. Friday will be a good day
its all games. if you have followed this stock as closely as some of us have. Its nothing unusual. Big boys do this all the time.
The most recent run up to $18 had few >150k block buys between 17.50 - $18.30
Nibble on your finger nails and enjoy the ride. Plenty of bumps on the way, but it will surely end up $22-$25 after Q1 and that is just based on assets.
Why so quiet today? A green day and its silent.
Everyone is flipping out on red days
heh
just picked up some more shares at 14.12
offering is suppose to close tomorrow and we are way below the price of $15.04 they should run this back up soon and hopefully the market corrects and trends back up as well
same here, i prejacked early yesterday damnit !!
What people also need to realize is that peix is not just corn and ethanol.
They have learned in the past 2-3 years and diversified. We are talking about beets, sorghum, sugar, corn oil, ddg, RIN (i do not know?)
And location, location and location. They will get avf 0.30 -0.40 cents premium on ethanol no matter what it is selling for due to being on west coast.
They are at prime location to export and have access to ports, if indeed exporting increasing to china/brazil
its all good i doubt that 0.20 makes a big difference in the long run.
Agreed
we all know lazard is not going to sell a single share below $15 they did not do this deal to loose money. so we will head up sooon
i am trying to pick up at 15.55 got 4000 already that 4500 share order is mine :)
F it, i picked em up at 15.6
time to go to work now
GLTA
i missed that part, well maybe the morning run of one million shares in initial 30minutes was lazard then running and dumping
they will keep it $16 shorters will try to get it lower.
i remember watching L2 last time they did that 25million shelf offering at .38-.40 cents it was insane, price did not budge from that range for all 25 million shares.
They already have buyers i bet ya at that $16 price, watch L2 when it hits that you will see
i think we need to be ready. we have all seen how it goes here, they can esily rape the pps in 2 days and then back up to new 52wk highs like nothing ever happened.
i know some people sit there and have a set price in mind it has to hit for them to buy. But in my eyes a 50cent range is good enough, this thing moves way to fast. i will load between 15.5-16
I got my truck backed up, waiting to load again when lazard starts dumping shares at $16
I still got faith in neil.
Gpre owns them now
DOH !! i am not sure what i was thinking.
You are correct
its way more than 14million why would you exercise at $7 and sell at 7? you want to double your money at least, i would say they sold between 14-18
at absolute minimum we got $28million
Warrants Exercised
I just glanced at 10Q
"Since January 1, 2014, through the date of this report, the Company issued an aggregate of 1,888,000 shares of its common stock upon cash exercises of certain outstanding warrants."
I bet most of these were sold between 14-18 so do the math :)
Revenge !!!!
Oh how sweet it is :)
Today's Short volume
This is only from nasdaq exchange.
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20140327|PEIX|157986|16850|536727|Q
16850 naked short. yesterday was 49k again this is only nasdaq exchange, there are others NYSE, ADF and some other small ones
All these clowns have to cover soon. Hopefully they are not stupid enough to stay short over weekend
well legally if they show increased O/S in Q1 then they will have to show why and we all know its from warrants, so i think they will have to show that income. otherwise earnings will be diluted too
yap same, hopefully only for a little while longer and we see turn around tomorrow
easiest money ever made, pending you can gut it out !!
Here is what Neil said during Q4 Conference Call
"And I do think it's important to note that while we are seeing some excessively high ethanol basis and making a very nice premium on that. The good news is that we've had no problem sourcing corn. We have of late been paying a bit more in freight premiums, given the very tight logistics, but that has been more than offset by our higher price of ethanol. And this is definitely showing a very strong hand in our model because we're there in those local markets with feed and fuel when that competitive product is having a very difficult time getting to these markets. So we do anticipate for the foreseeable future that there will be better than what we would call more historically a normal basis spread to our markets"
If you have followed company as long as I have, trust me that is way more that what he has ever said in the past two years about future guidance.
Its all scare tactics. Before Q4 results, PPS was raped down to 8.80 from 9.80 or so and we closed at 9 and next day, boom $15
Not enough shares and way too much money.
You need iron clad balls to be in peix !!!!
so what do you think that says? all ethanol stocks were down today. Use your head, I am not worried, even I lost about 40K in the past 3 days on peix. Not a biggie, I know my money is safe here.
Maybe easier for me to say since its all profit money
03/03/14 16.3 03/11/14 12.55 -23% | 03/24/14 18.2 03/26/14 14.02 -23%
Coincidence? double retrace? what gives
Everything with this PPS is being done with purpose in mind and part of it is to trap the short. There are people posting all over net how they made few $$ shorting. Keep at it I say, the bigger picture here is quite clear, at least to all the longs.
Mark it, either with earnings news we will hear of 100% ownership or a week before earnings we will get that PR. Just like with Madera all the real followers knew that it was being primed to open based on DD by cipe, it was just matter of time. Same now, all the DD point toward record profits. Patience !!
Wow anyone watching L2? there are plenty of huge smacks on ask. i just saw two at least one was about 90k and just another one about 140kk that pushed it to 17.64
I love it when a plan comes together !!
yeap, i listened to CC and Neil did hint that Q1 2014 they are getting pretty nice premium on ethanol 0.50 or so, and also hinted that they have orders well into q2/q3
PPS will hit 20s easy, either with analyst upgrades now or will q1 results
how about we talk about book values and how most stocks trade. Look up their assest values and divide it by current shares and see what we get
PEIX #12 on breakout boards
safe to say to da moon??
PEIX Monster today !!
PEIX Monster today !!
If Neil hints at good Q1 2014 margins in Conference Call today, i think we may hit $15 today
PEIX only traded 205K shares aftermarket
Short interest update from today is 2,551,415
Lots more to cover and potential to run.
PEIX has a potential to go on crazy run tomorrow. Short update on nasdaq from today still shows about 25% of float is short. About 2.6million
PEIX #28 on Breakout Boards
There will be quiet a lot of pre-market action tomorrow.
Any guesses on opening price?
Shortie is trucked tomm
PEIX #42 on the IHUB Breakout Boards List
Should be a very pleasant day tomorrow. I got my whip in my hand :)