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I feel the stock will get a bounce do you feel now it will not because of the RS?
Do you think the stock will go up prior to and after earnings announcement?
I feel the earnings and guidance will bring the price up. I do feel Peix has done what they could in a bad market. Remember Valero closed four of their plants the reality is corn price almost brought the house down. If they beat 3rd quarter and good guidance we are going to be up. How much who knows? Lets not get discouraged we did not invest in a commodity directly,Corn, but we are effected by a commodity and futures. Keep the faith and the logic of were we are.
No if there is good news you will hear. Remember they do not need a dollar just a good balance sheet. If you don't mind please excuse my ignorance but are you saying this first quarter they are making a very good profit?
I agree the heat is on an there is a potential price rise that would hurt the shorts. Hang tight.
Gee I wonder what they know?
Definitely a good call. It may take a day or a week but even it it goes to .395 a winner to say the least. Thanks for sharing that. I wish we hear some news this week even if Alpha or Motley Crew article will drive it up a little. Do you think their will be a profit or loss. I feel a lost but over all better then 3rd quarter.
Definitely a good call. It may take a day or a week but even it it goes to .395 a winner to say the least. Thanks for sharing that. I wish we hear some news this week even if Alpha or Motley Crew article will drive it up a little. Do you think their will be a profit or loss. I feel a lost but over all better then 3rd quarter.
The question will be news. If it is good it goes up nicely if not may be a little rise. I feel good about the stock. Thanks for the reply Dutch.
Just what I thought. It is clear they will make money with that plant and stockton. We are on a roll believe. Once they announce that news the stock will go up and longs will be happy. Thanks rikelme great job.
We need news. I hoping news or an article from Alpha or Motley fool that is positive. Otherwise same range .36-42.
Great Post. I do feel that will be part of any big news. Will they open, retro fit, or Sell? Rikelme what do you think?
First of all last year was a terrible year for the entire ethanol industry. Now Valero will be opening three of the closed plants. Good news. Ethanol prices are up. But remember Peix lost plant ownership and profits. Now they are on the right track. However, in order to get Credibility we are going to have to see a 4th quarter that is better then the 3rd and a good 1st quarter. We will see that. You cannot blame people for being down on this stock since they lost money. Also remember in September of 2012 it was up 70 cents.
Look at Renewable Fuels Association website. Following article
Does anyone believe if you stop ethanol the oil companies will have the price of gas go down. No way they know what the market can bear and will not make profit on part of gallon that once included ethanol. Even with higher ethanol the savings to the environment is incalculable. Who are they trying to kid>
New University Study: Ethanol Reduced Gas Prices by More than $1 in 2011
May 15, 2012
Reminder: A media call with one author of the report, Professor Dermot Hayes, will occur at 2:00 p.m. Eastern today. Call information is 1-800-247-5110; passcode is Ethanol2.
(May 15, 2012) Washington - America’s growing use of domestically-produced ethanol reduced wholesale gasoline prices by an average of $1.09 per gallon in 2011, according to updated research conducted by economics professors at the University of Wisconsin and Iowa State University. The 2011 results, which are up from an average impact of $0.89 per gallon in 2010, were released today by the Center for Agricultural and Rural Development (CARD).
[Read RFA’s summary of the report here.]
The new analysis, an update to a 2009 peer-reviewed paper published in Energy Policy by professors Dermot Hayes and Xiaodong Du, also found gasoline prices have been reduced by an average of $0.29 per gallon, or 17%, from 2000-2011 thanks to the growing use of ethanol.
“Growth in US ethanol production has added significantly to the volume of fuel available in the US,” said Professor Hayes. “It is as if the US oil refining industry had found a way to extract 10% more gasoline from a barrel of oil. This additional fuel supply has alleviated periodic gasoline shortages that had been caused by limited refinery capacity. It has also changed the relative prices of gasoline and diesel and allowed the US to switch from being a net importer of gasoline to a net exporter. As a result of these changes, US gasoline prices are measurably lower than would otherwise have been the case. This gasoline price impact has been documented in a peer reviewed academic journal and the price dampening effect has increased as ethanol production has grown. This impact is greatest in the regions of the country where ethanol penetration is greatest.”
Three primary factors are responsible for ethanol’s more robust price benefit at the pump in 2011: higher oil and gasoline prices, higher ethanol inclusion, and ethanol being priced at a larger-than-normal
Biof closed up around 9 percent yesterday. The oil industry is using price to avoid the green house stemming effects caused by the use of ethanol. Their argument use gas alone a lot cheaper. Effect increased Green House effect that no longer can be ignored more Storm and high tides like the one that caused billions on the East Coast several months ago. It is a losing argument. The oil industry is now in trouble. Ethanol is hot right now and because of the mandates will have profit. Peix has taken care via new equipment to stem the costs of production and increase their gain of incentive. The article is right their is confusion, in short, Oil industry what trick do you pull now.
Thank goodness the slide stopped. I was hoping 40 but still high of .3995 although it closed lower. Let's see what happens. But I do believe the R/S statement issued by the company my have hurt. What will help is good fourth with guidance. Balance is everything. I have a call in to see if Peix put in the equipment yet and if it is running.
Only by news or a rogue trader that will pump it up. Then short it himself.
I agree with that statement. There is no news to break this cycle. I do feel we may here something next week. Whether through the company or through alpha. Any slight news will bring it up. However great earnings news and guidance will cause it to go up along with DAYTRADERS.
It is my understanding that the 1 dollar is not needed if there is a good balance sheet. Secondly lets see what the quarterly says. I do believe this stock is being played with and will go up. However, now in the .37 to .42 range.
Hopefully we will have a good day today. If not then Thursday and Friday. The stock is solid and the company via ethanol price is on the up. I don't know who you are referring to, but bashers who give false information on the internet should be turned over to the SEC. As I said this is a great day-traders,short stock, however within the next few weeks they are going to be crushed. A 4th quarter better then the 3rd quarter, ethanol prices, madera and better equipment and we now have a winning formula. This should go back up this week and be in the forties. But even if it does not we will be on a rise and the longs will have something to be proud of in their investment.
I would agree and that is why if for no other reason, and their are good other reason ie profit, this stock will make the old college try and go up.Then it will be decision time.
There is no doubt they are thinking about effect. Clearly reporting 4th quarter after 1st is over is a sure sign that guidance is the key along with better then 3rd 4th. With the price of ethanol in California they could not help but make a profit. It is also interesting if someone could check and see if the equipment has been installed in Stockton. If you know feel free to tell the board if not I will call them tomorrow. Thanks Vickie for your studied approach. Too often the bashers make these message boards their own soap box.
Assuming the board took the Friday Syndrome in this article yes Monday means not bad news. A friend of mine a chemical engineer told me when I informed him of the reporting date on a Monday, "it appears the news will be good and they want the following days for the stock to go up." While we can never be sure it is clear the news will not be as bad as third quarter and will have a well defined Guidance re 1st Quarter. Why, because the information for the first quarter will already be in by that date. Thanks for the post.
Just keep up your posts I believe they are accurate. Remember imo this is a day traders stock and for shorts. When the report comes out they could lose big plus other news. They are desperate let them sweat alone.
Sashex001 if your right its steak and shrimp that is for the cat you'll get the deluxe dinner with fine wine.
I feel the guidance will beat not so good earnings, what do you think and is it possible will could get to .48 before earnings?
I feel positive about the news what is your take on possible volume and price?
Same way here but there are profits along the way that are missed. Thanks for the response but I feel better about this stock.
It if goes to 48 I will sell and then hope it goes down and by back. The "wait and see" is a problem. However with a reduced estimate on earnings loss and continued good charts, possible news and a good 1st quarter prospect it should go higher then 48. I do notice there has been a range of 39 to 42 for a long time. In short a great day traders stock but so far not good for the longs. Thanks for your reply.
Clearly the 1st quarter is going to be a winner. I am basing this on their stretching out the release date to April 1, 2013 in short we should have excellent Guidance, plus some more positive news before the release. Either in the form of production, or madera, or 100 percent ownership. What do you think now, meaning will the stock rise?
Earnings whispering according to one post has estimate of .02 what do you think, or are they usually accurate? Thanks for your last response.
They could be trying to squeeze every profit of the 1st quarter for a better guidance. Hopefully this is the case.
To be quite frank today is a down day for the market. Secondly we need the announcement for the earnings date, I hope they do not try to file something extending it, thanks again for your encouragement and views. They are excellent.
Clearly there should better marketing to the public. Your right they just hurt themselves.
Kaboomage this right now is an excellent stock to have I just get little upset that we are not seeing priced at a reasonable value. Which is 75-1.00. I want to thank you for your encouragement. There is nothing worst then to have a stock for a while get discouraged and sell it and then watch it hit the sky. Thanks again.
We could see the atypical late day surprise at closing which drives it up but really they have to let us know when the earnings will come out. I do feel it will rise when that is announced. Secondly what about other news? Problem management PR is not doing its job Kaboomage. However all sites I have seen are saying we have a winner here.
I am still waiting for this to go up and surprised with all the good sites, barchart, msn, and earingswhispers that give it an up it is not going up. What do you think.
Kaboomage I am still hoping and praying let me know when I can stop.
Aside from profits for the fourth quarter what about news on the new equipment and increased production estimates. Even another article by alpha of a positive nature would be of some effect. Or how about 100 percent ownership or a company or stock mogul interested in this company. Once good news good results great news the sky is the limit but lets be rationale. I do agree however that the technical s show a clear upswing. Hopefully we will see if they are correct 44 today.
I own 25000 shares and would be the happiest person if this would go up. I felt it would by now but all I hear is it will go up and we see the same .39 to .41 price range on average. I do believe the shorts have been able to control. If it is going up what is your prediction for Monday the 18th of March. In short if you will we need news fast. The kind that causes the shorts to be inconsequential. Hopefully we will see something today.