Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree with the comparison, however good news which has been frequent could give a boost. I am preparing for the stock to go to .885. However, this company is run by a wheeler dealer who knows the industry. Should go up to thirty again. I feel a good chance of going up to .196 in the next five weeks at least. Clay video was a great analysis based on a tech analysis. Ad news and you have a good jump.
Based on the latest events what do you see happening in the short term?
Today I joined the dance Roy will see. What about Baxter aren't they going to report the result of their trials.?
You have been one of the most vocal candidates here what do you estimate earnings per share to be? I hope you guys do great this board has been fun and loaded with enthusiasm. Best of luck Big K.
First I am glad for the people on this board the stock went to .305. Wednesday is the "tale of the tape," if it hits .315 at close and the report shows any earnings at all the stock will go up. I hope for all involved it does. I am still a little skeptical if there will be a profit. I sold my shares a while back. Good luck to all.
The problem is the Reverse Split if PEIX makes a profit and there is a reverse split dollar value will still be lost. It was my understanding there were some companies who reported a profit. Obviously I should not be listening to the boards. But remember R/S hurt a company. Why give more time to consider if there was not a majority? If there is not then there should be no reverse split period assuming the balance sheet is okay there may be a chance Peix will stay on the Nasdaq. However if you have faith stay in the stock. I sold. I would only get in as a day trade.
Last quarter Ethanol producers reported Profits and Peix did not. We will see what is the estimate at this time. I saw only one it was -1 penny but it was buy the only analysts who follows them who was way off before.
Now that they are going to announce the quarter on May 9, 2013. Lets see what happens. I hope for everyone hear it is great. I have my doubts.
Kaboom I now agree and why don't they reveal the first quarter and then have the split? Sorry this stock did not turn out the way you wanted.
But it does not appear they may have the balance sheet or the profits for the first quarter to stay on the Nasdaq. The fact they are encouraging the shareholders to vote for the split is upsetting. What do you think. I do not believe the 1 quarter will be that great. Even if it is very if the stock does not reach a dollar and they do the split it still hurts. What do you think other then not so good management which I now agree feel is correct.
The Supreme Court if they take the case will only decide if the law was applied correctly if not they will make a ruling and send it back to the Appeals court to make a ruling consistent with the law they decided should be applied. If the dissenting Judge is correct that might mean a ruling in favor of the Plaintiff. Secondly if Gers declares a bk the lawsuits may be able to continue since they are an asset of the company. I do see the above mentioned as problems. However, because Htm is governed by corn a commodity it is still a volatile investment. I feel bad this did not pan out for me. I am still watching on the sidelines but with less hope. For the sake of others on this board which I enjoyed reading the posts I do hope they make money.
I would hope however does the fact we have not heard anything re 1st quarter mean it may not be a blockbuster? I am now wondering. I think the R/S will hurt and if there is even -.01 penny lost its over for peix except to sell. This stock should have moved by now, secondly they do not have the money to open up the other plant they have in California and I do not see corn or sorghum dropping to a point that would help them. Plus I thought the machines would be in place and from what I hear they are not. I also believe the Supreme Court has a 60 percent likely hood of taking the American Petro Case and also there may be liability if Gers still has their lawsuit. I really thought this stock was a winner but now I think different.
I believe R/S will be ratified and the quarterly earnings will be better then 4 quarter but not that great. If R/S is not ratified maybe insight to 1 quarter profits and chance of big upswing.
You would certainly find it when you put GERS as a quote. Thanks for your post and honesty.
What article said that?
I hope you are right and there will not be a reverse split. But even if the reverse split is not instituted after the votes are counted. However I do believe there will be one. I voted against it.
I wondering if we will not see an uptick today before we get into the last week before the r/s?
This is now a great daytraders stock trades with in a short range. Way to go you predicted it right.
Key will Supreme Court take American Petro and others case against EPA for E15.I do believe they will. If they do ethanol stocks will hit a wall for awhile. Plus if we use equipment where there is already a patent infringement suit further potential liability. None the less I am very disappointed in Peixs perfromance.
I no longer have confidence in them. I agree.
Years ago I talked to an analysis at an organization I attended. I asked him how do you evaluate a company and among other things the management was the yardstick. Now when I hear on these boards statements about the management I will seriously evaluate them instead of thinking they are merely from malcontents.
I just feel the management did not do enough to bring the price up.
Your right. I am glad I am out. Like I have said a bad stock can go sky high for a while. I am afraid the management did not help.
Like I said any stock could go up or down I hope you make money I am just giving my opinion if it goes to .31 Wednesday Great. Good luck and success.
Kel if they have a good balance sheet do the need a reverse split?
Any stock with day trader pump or dump can go way up or down. But then the investor is counting on luck. Just face the facts it is easy to get the delusion of a lottery winner with penny stocks. It can happen. However, after watching Peix it is not worth as of now. Ethanol is to commodity dependent, and the Management does not seem to care. They can yell basher all day just look at the Peix price. Thanks for your honesty and concern. I am out of Peix now and unless there was great news, someone wants to purchase them gone forever.
Go Green trying to warn jig shows a lot of class. Too many people on these boards including me at one time do not like to hear anything that goes against their belief, and I do say irregardless of the data, and desire to have a home run. Some times it is better to pull up the bases and just go HOME with your money. Thanks again. Buy the way I have a bid for HTM at .35.
Last friday I told a friend Rich I was getting out of Peix. He is familiar through me. He said stay it should go I said it was finished. Gas not going up corn not coming down as much as needed, and the Reverse Split hurt this stock. I own nothing in Peix and you are right this is a big risk. Watch HTM Go Green should go down. Hopefully.
I would only buy if it hit .25.
With the drop in gasoline ethanol may not be as lucrative as earlier suspected. Plus even if gas sales rise in June the reverse split by then will be instituted. I am already out. Do you see a danger in buying in the .20s?
I don't know what that means but you were right it is cheapo day. Peix is now at .3140
Found on my Tdameritrade account: Early morning stock call:
Shares of Pacific Ethanol Inc. fell sharply on Thursday. The stock fell to an intra-day low of $0.31 before finishing the day 3.11% lower at $0.318 on volume of 954,477. The specialty chemicals company's shares have struggled in the last one month, falling more than 24%. The stock is currently trading well below its 50-day and 200-day moving averages. Its MACD is also trading below the signal line and the zero-line, which is a bearish signal. Sign up and have access to our free report on PEIX at
I apprecicate your response.
Where did he day that?
If you are looking to make 1 cent or 2 cents at the most on a trade what do you think? I mean per share.
Sorry this is more like Laurel and Hardy run Ethanol Company.
I agree that is a good price and range to buy at look at STP which was .30 3/21/13 declared Bankruptcy 3/29/13 received a notice of delisting and yesterday was .75!!! also take a look at Gnin.
How much cheaper Friday? I would buy back for now at .3121-30? What do you think. Also do you consider this an uptrend?
I voted no also however hopefully we will win. We are better off on the Otc then a reverse split and nasdaq.Is it true with a good balance sheet we can still stay on?
Thats the problem. They demolish the Big Gain. Thanks for the post.