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I understand your feelings. This stock should be worth 1-2 dollars right now. However because of the shorts and the daytraders it has not gone anywhere. Yes they received a bad quarter report but NBS did so also and is worth around 65 cents as of today. This is very sad and upsetting. But I have had other stocks with promise that caved into daytraders and shorts.
Thanks for the compliment, sadly my investing here mirros that old German expression, Too Smart Too Late. Thanks again.
Do you know of any stock wre therewas a reverse split and it went up after the split and stayed up.
That I agree with. You would think there would be several press releases on how they are doing. Nothing at all. But if you can give yourself a million shares for nothing why worry. What makes me so upset is this is a stock that should be a dollar and is not. The potential for the investor is lost in the schuffle. May be some one will show an interest in buying it and that will make the shares go up. All I know is Nothing is being done to help the investor. The fact the rs was published so early even before the results was also a mistake. What we have left our the daytraders and the shorts. In between maybe I can make money like last week which was 900 dollars. Other then that forget it. It is a 20 to 1 shot that is losing steam.
Got you thanks very much.
Your response is very appreciated. However I do not see a dollar and I do see a rs with horrible results. Yet swing trading and making a penny or half a penny is nice. Otherwise I am very disappointed in this stock.
That is what I am thinking which is the reason I swing trade. I should have been doing this all along but to be honest I really thought Peix would get somewhere, ie over 1 dollar. Now I feel I have this week and next and that will be it I will get out for sure. Reason R/S and unless the 1st quarter profit is good which I do not feel it will be for Peix the titanic of ships for investors,The R/S will hit the iceberg of downturn. Are you planning on getting out after or before the R/S is done? Just an inquiry
Since I have been swing trading peix, buy at night sell the next day I have been turning a profit. One absolute I learned the hard way if you take a profit you cannot loose. Once again thanks for your post.
PS You said Peix has a history of not staying up. Your right I make 900 dollars selling Peix based on what you said. Thanks
Is there a web site that you go to? Let me know how to find out how many shorts.
The best move now is report 1st quarter if there are profits and have a good balance sheet to dismiss the r/s if not sure doom. Since the price has gone up a little it does appear there is a slight standoff and upswing. However, to stay on the safe side I sell. Sorry Sashex to protect my money I will assume there will be a r/s and instant death. I also fear the 1 quarter may not be bad but still there may be a penny lost. It appears the market did not turn favorable until late in the 1 quarter. Plus in the 4 quarter they had already been buying sorghum to no avail. Meaning they still had a lost of 4 cents. What is your response?
You are right. Problem Butch with the looming r/s split do you think this stock would go up if not for the present battle between shorts and longs?
Sold made costs of trade and a real little did not want to take lost. I am hoping to get it close to .3135 or lower. The current prices are really surpressed. I am hoping for a low bid even if below .31 which I doubt. Thanks for your response again.
Very good.
The asks except for .319 are in the .4s good day or what? Do you think the higher asks means a better day. Value your opinion.
Agreed. There are stocks on the OTC that are higher then 1 dollar. What is the big deal when you consider how it will hurt, R/S, and discourage investors. If they concentrate on profits then they can apply back to Nasdaq.
Great work and if not for R/S if 1q shows profit stock would soar. Thanks for your calculations. Then again maybe stock will soar and no need of R/S but at this point I doubt.
First I really believe Peix has made great strides. The problem being daytraders and shorts. Also the fact an R/S was Pr'd did not help. Therefore Peix can rectify this if they address the issue to shareholder. By telling them we may not need an R/S based on the balance sheet or bringing out the 1Q if it is as great as the people on this board feel. Otherwise I am afraid there will be an R/S implemented.
Being a believer instead of a trader will hurt investors in Peix finanically here. Go Green your comments are right on. Any stock can explode or inflate but this is once again daytrader heaven or short. End of quote. Thanks for your continued advice and straight forwardness.
Problem if they release Q1 which we will assume is very good and investors see quarterly and see R/S is on the horizon they still may not invest by thinking good quarter is a fluke or that R/S is so negative that company may not be doing that good or others may not invest. Sashex was right when he talked about another stock and said the stock was going up but unlike Peix they do not have an R/S looming. Vick R/S created a problem complicated by the fact we do not what date they are going to do this. Let us assume the last day in May, within their discretion and further state we will give 1 quarter before R/S. That may be more appealing. Thanks for your post.
Finally I would like to say several things about reverse split. If the 1 qt is good and then announce it before rs they run risk stock may go up but not to a dollar of if it does not for 10 straight days. If the 1 qt is not good before reverse price may go down so 1 to 15 would definitely have to be done. If reverse split and then have 1 qt and it is good stock could go up for a while shareholders in short term would be happy. If rs and 1 qt is not good bad result for shareholders. Anybody on board what are your thought? Best scenario reverse split after reporting good quarter results. At least shareholders will have increase in money with out risk of negative impact of rs.
I understand you were asking questions that were right on but being evaded. This is not a good sign. Keep up the good work but remember daytrade and short. Further price between .295 to 40 cents. Any stock could go up but I do not think so. Once again wellhellrex keep up the good work. Sorry we now appear to be dealing with a stock that will not reach its full potential.
Wellhellrex Peix is a daytraders dream and shorts heaven that is the long and short of it. Waiting like I did for the big rise is a waste of time. And if it does Pop I will be sitting right here. Make no mistake to get in. Buy on the dips and take back 1 penny to 3 if your willing to risk. That is it. Yes I do believe there will be a reverse split and it will be set in motion. Clearly announcing the reverse split before earnings was a double negative. It overrode the financing. Thanks for the post.
Yes but remember that is Paul Resnik. Who predicted the share lost would close to time be 2 cents and it was 4 cents. I traded Peix today and made 564 not a big deal but just as I thought daytrade and short city. One last thing with conference should go up today. I believe range is .295 to 40 cents.
Thanks for letting me know the Peix does not go up high or stay up I was able to make a little yesterday. This is a shorts and daytrader stock and trades with in a range although that changes. I feel bad that the longs may not get the type of payback they deserve. I do believe the R/S will go through if nothing else but to stop the shorting. But it is a day play and for now that is it. I do believe before R/S they will try to raise it to 40 cents or about what do you think.
I noticed Mr. Resnik did not ask about the potential delisting. This stock will have a tug of war for a while. Yes, there is always the chance it can go up high. But I feel I am being realistic. I feel sorry for the people on this board who believed we would have a turn around at this point. Unless news changes it I do not see. Only hope is the 3quarter results which will probably come after the reverse split is approved. Clearly hurting chances for a dollar surge.
Will see what happens but I held to no avail, and heard many times on this board including my own statements the stock will go up, all to no avail. This stock trades like all stocks with in a range and hopefully we can buy and sell at a profit within that range. To think anything else will not bring profit.
Botton line is that is the problem and therefore proceed with caution. Any thoughts on today? I sold yesterday and will buy if at all low and then sell again I have seen too many good stocks never have a chance once the shorts and daytraders get hold. Your thoughts on today?
I hope your right but in my opinion while this stock is clearly undervalued the day traders and the shorts have done a great job in keeping it down. This hurts the longs and potential investors.
Sadly Vick this company has a lot going for it but right now more of a day trade.I felt it would go up but clearly it is more of a buy and sell. Remember 2011 pps 12 cents plus and high volume sold. This is like buying a commodity. It is governed by that market. I will be buying on the dips and then selling. Good luck
I think we can consider profitable.
I could be wrong but we have just heard the first quarter is up. Great news. That is my read.
Sounds like we doing great
fitable ethanol operations are we with today's crush spreads?
Neil M. Koehler - Chief Executive Officer, President and Director
Well, caveat anything I say with your own opening remark on the volatility and we expect to continue to see volatility in these commodity markets, corn and ethanol, this year as we clarify what the new corn crop looks like, how we resolve issues on E15, et cetera. But what we have seen directionally in -- before the USDA report of last year quarter-over-quarter, an improvement in the board crush margins. This is all publicly available information, so I'm not offering any guidance. But what you can see is that your typical ethanol plants today at the current price of corn and the current value of ethanol is profitable.
Paul Resnik
That's incredibly good news. Relative to the cost of sorghum, which, just 2 weeks ago, looks a lot cheaper than corn, what is the relative cost of sorghum to corn at the current time?
Thursday of this week, 10:15 a.m. Pacific Time. The link is on the Investors section of our website and please feel free to tune in. Very much appreciate your interest and support in Pacific Ethanol and look forward to speaking with you again. Thank you, and have a great day.
Operator
Ladies and gentlemen, thank you for participating in today's conference. This does conclude today's program. You may all disconnect. Everyone have a great day.
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I did get the impression the NK did allude to the Peix was profitable for the first quarter dutch was that your impression.
Did NK answer Resnik and say ethanol is now profitable?
However, he did not ask about reverse split. Plus he estimated a 6 cents lost then changed it to 2 which means we did not beat the street. Do not consider him an authority. Plus if he estimated 1 cent losts why would he ask if this year profitable. Key to company is balance sheet which they did a great job on.
There is no doubt this company is way undervalued. They now have a great balance sheet considering the worse year possible for ethanol. Plus with Madera why open if it lowers profit margins. It did appear the profit margin has increased. But remember shorts can kill a stock like or not. I feel the best way to play this now is daytrade. Take a penny I can make money.
I do believe the news re balance sheet is excellent. Funding being very hard to get. Plus fact funding was achieved may show 1 st quarter profit.It did appear Neil talked about profits being good for the industry this quarter. I think they could be saving grace. Plus they are buying sorghum at at discount to Corn when necssary. What I would have like to have heard was Madera will open. However I agree procced with caution and do increase production and hurt your margins. But fact company is sold thru 2013 re debt is a big advancement. So overall a very good achievement.
Well no earth shattering news. Madera not to be opened to profitable. Profit possibly but market not able to predict if will continue. Nothing said about reverse split. Does not sound that great. My opinion. Not good.
First no one can predict price. Up or down. However I believe people were looking at the 2011 chart. Where they said the stock shot right up many times worth the base price. However, there was a postive 12cents per share.Plus record high sales plus good price on ethanol. There is no comparison. However, the fact the balance looks better and the hope we will hear about Madera opening and a hint towards 1squarter earnings could cause a nice rise. But clearly this has not gone to the moon.
Then only thing that would make this really go higher would be an announcement that MADERA will open and then a date given. Plus was it needed will be a hint at 1st quarter eanings. Otherwise up and then right back down. Lets hope we hear that news.