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A credit of a least $10 million has occurred already!! 5.5 million shares to 4 million shares!!
$15.75 at end Q1 and 1.5 million shares x $15.75-$7.50 = $8.00 difference is credit!! 1.5 million x $8.00 = $12 million actually!!
GLTA
ID
With this logic PEIX should do very well!!
Thanks but I am trying to understand Q2 share net profit!! My predictions are between $1.11 and $2.56 the ONE thing I still do not understand is the "fair market value of Warrants" That to me will give me a clearer picture of share value!!
Like value1008 we are trying to get a better picture of where this is going!!
I still predict either a buyout of us or a dividend in Q3-4!!
GLTA
ID
Not to worry I am in at $2.40-2.50 area and bought some in the $10's and will buy more yet if she breaks $14.50!!
And if she goes below $12.00 again!!
My goal is Nov 2014 before I sell most of my shares!! End of Q3 earnings!! and after 1 year of holding!!
I have some other shares in which I am trading!!
GLTA
ID
If people looked at that this would NOT be only at $13.00 a share!!
INCLUDING Institutions!!
But look at share plus or minus at end of quarter at end of 2 quarters etc.!!
If you take $(0.69) and my low ball of $1.11 we ONLY get a profit of $0.42 a share for half a year!!
Would their be happiness yes BUT not as happy if you take the high
as if $(0.69) and $2.56 we get a profit of $1.93 a share!! for 2 quarters!!
That is TRIPLE THE AMOUNT!! which would propel this to at least $27.00 a share!!! or double the PPS today!!!
GLTA
ID
Makes HUGE difference for People who buy the stock!!
Why do you think this TANKED to $10.00 a share??
All people understood was a LOSS OF $0.69 a share!!!
GLTA
ID
This becomes the REAL QUESTION!! For Board!!
Revised My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $1.11!!!! as of May 27, 2014!!
......................................................................................................... Three Months Ended.......Three Months Ended........Three Months Ended
......................................................................................................... December 31,2013..........March 31, 2014...........June 30, 2014(estimate)
Net sales.................................................................................................... $ 215,290...............$254,543....................$280,000
Cost of goods sold.......................................................................................... 193,694............... 215,998......................242,000
Gross profit (loss)............................................................................................. 21,596..................38,545........................42,000(4 plants working)
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................37,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(10,000) (5.5M down to 4.0M gives adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $15.75 if higher then less of an effect) See last post for this value!!
Interest expense, net......................................................................................... (3,688)................. (4,351).......................(2,000) (As per CC)
Loss on extinguishments of debt........................................................................ (1,240)....................—................................—
Other expense, net................................................................................................ (31)....................(227)...........................(200)
Income (loss) before provision for income taxes..................................................... 9,745..................(5,547)........................25,600
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................22,400
Net (income) loss attributed to noncontrolling interest in variable interest entity........ (1,152)................ (2,009)........................(2,000)
Net income (loss) attributed to Pacific Ethanol.................................................... $ 8,593..............$ (10,826).......................20,400
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 20,000
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69)....................$ 1.11
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
GLTA
ID
Depends!! Is it a 1 or 2 year study that would make at least till 2017 then another 6-12 months for analysis and then application for drug another 1 year!!
So if all goes well another 3-4 years!!
Will $75 million be enough??? Burn rate now is about $10 million per quarter!!
So likely not and to keep above $1.00 a share will be a challenge so likely they will need another R/S sometime soon!!
GLTA
ID
Not really!!
No he did not!! As per below!! The guys who own these are cashing out!! The question becomes why???
My theory still is a buyout of this company in Q3-4!!! Everything is getting liquidated to stock!!
Exactly I know no others from OTCBB to OTCQX to NYSE!!!
Man what a RIDE!!!
GLTA
ID
So that means MORE DILUTION??? until then?? That 5 Billion A/S does not seem to far off!!
ID
The OS was told to be 3.1 Billion NOW IT IS 4.1 BILLION DILUTED 33%!!!
ID
WHY SELL STOCK IT MADE OVER 1 million PROFIT???
Why dilute???
ID
Made HUGE money this AM seems you are losing now!! LOL
ID
READ THE FILING!!! HERE IT IS!! DILUTION!!!
http://www.otcmarkets.com/financialReportViewer?symbol=MYEC&id=120972
ID
DOWN!!! Mark my words!!
ID
THE COMPANY diluted 1 BILLION shares when he said CEO gave 1 Billion back!!
His pocket to company pocket to sell shares!!
ID
I DID SELL MORE at $0.0475!! MAKING HUGE MONEY NOW!!!
ID
PS I have never shorted a stock in my life!!
Correct longs selling and rebuying lower!!
ID
Good luck to you on that!!
ID
SELLS FIRST THING and DOWN SHE GOES!! GAP AND TRAP!!!
WATCH OUT ALL NEWBIES!! THE LONGS WILL BE SELLING!!
ID
I GAVE IT TO YOU 4.1 BILLION O/S in filings!!
ID
MARKET CAP SHOULD BE 33% less today SELL THE NEWS BUY THE RUMOR!!
ID
WOW DILUTED TO 4.1 BILLION AFTER GIVE BACK!!!!
ID
You guys ALL KNOW that the OS was DILUTED of March 31, 2014
Bottom likely the PAR SAR on daily chart!! At $16.48!
http://stockcharts.com/h-sc/ui?s=JNUG&p=D&b=6&g=0&id=p25022405754
If she breaks down that this goes into $10-12.00 a share!!
GLTA
ID
Matters not just keep stop losses in place!!
GLTA
ID
Out JDST at $24.38 and into JNUG at$17.52!!
Man I love these charts!!
GLTA
ID
I put on my glasses!! LOL
I apologize!! Miss read what you were commenting on!!
GLTA
ID
Production is STILL at least $1 million per tonne!! And they are going to sell it for same cost or LESS???
Here is why about $3.10 or so!!
Watch the PAR SAR for upper limit on any rise in PPS and watch the 200DMA for any low!!
I think in 1-2 weeks as 200DMA goes up that this gap at $3.10-20 will fill!!
That is where I have my buys at now!! And it will be an EXPLOSIVE down and up!!
http://stockcharts.com/h-sc/ui?s=PLUG&p=D&b=7&g=0&id=p29522366979&a=301710997
People want a reason why this low here is why!!
I hope not for all longs but if it does get that low BUY for the bounce back up!!
GLTA
ID
I am looking at an entry at $3.10 or less!! A gap to fill there!!
Making to much money on jr ETF's about $5-8,000 a week!!
I am about to go to next level and play with 2000 shares per trade!!
And double that!!
I have time until then on PLUG!!
GLTA
Charts do work!!
Thinking about trading for a living!! Now!!
Hope you are not in to big!! That 10Q was disaster!!
Only 630 units maybe out for Q2??? NOT GOOD!!! My bet MAYBE only 450!!
GLTU
ID
Do you even know what you wrote??
Bought JDST $23.30!! Looks like JNUG down tomorrow!! HOPE not for longs but this is just for a few days more !!
GLTA
ID
If I was going to buy one of the 2 stocks at end of day would be JDST safe play for either trade!!
As day gets closer to end will likely buy that stock for tomorrow!!
Then depending on chart will play JNUG if opens lower or more JDST in AM to avg down!!
GLTA
ID
Tomorrow will be interesting!! Either she opens at $18.60-18.80 ( or above $19.00 30 min chart 200MA)OR she goes down to around $17.00 as per 2 hr chart!!
Above the 50MA or above the PAR SAR!!! I am thinking more above the 50MA!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=120&b=6&g=0&id=p52948928868
One she starts up and bleeds down or one she starts low and goes up!!
Made $1500.00 today!! Had $17.25 buy in yesterday which I was surprised that she went that low the LAST 1 MINUTE IN THE DAY!!
Sold out at $18.30 this AM and bought JDST and made $0.50 a share on this today!!
I missed the boat on JNUG going up later in the day!!
So I have no buys in at present!! May change if something changes in chart at end of DAY!!
GLTA
ID
NA!! I want some more shares at $9's for new and old RETAIL shareholders to load up on!!
Come on chart please play it!!!
FILL THAT GAP!!!
I can wait another 2-3 months for PPS then to go up!!
GLTA
ID