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what you say makes sense, but i just cant figure out why institutions allow it. Unless there is a way that they are benefiting in this process somehow. What that benefit is, i do not know
if things play out well on tuesday, then why do a R/S price will be above a $1. We all know that. Plus with the current notes offered, who da heck would agree to that if they are going to R/S. I do not believe there will be a R/S. If they start releasing positive news, no one can hold the pps down. This has been proven well in the past, this baby can run and run hard.
If the current 14million offering had not happened, i would say R/S is very likely but now i just do not understand who would fork over $14million to Neil and be ok with R/S. Everyone will rape the pps after the R/S thats a given. And it happened during the previous R/S.
Not only that post R/S they can dilute about 250million more shares. so as an investor why why and i say it again why would you give neil $14million right now.
Stuff is not adding up and based on your posts Kel and other chart people, chart is being setup as a buy on different indicator. I think NEIL is up to something and i hope its something good for us longs
what does that mean kel? golden cross? i am not good with charts
these are not magical warrants that if you want them you can get them. You have to invest right now in peix to be eligible for that warrant price. Who would throw millions of $ in without thinking long and hard. SOMETHING IS UP !!!!
nope, and i own significant amount of shares
but what does it mean. did they un-dilute?
UP. i think the guidance will be good. this could be the perfect storm. Good guidance, corn has fallen hard. Keep in mind west coast ethanol sells for higher price than east by roughly 8-10cents or so.
Sash wtf does this mean. New sec filings stating they withdraw the S1 filed on feb 8 2013
are they withdrawing those shares and warrants?
Another PR few minutes ago by Reuters backing up PEIX and sorghrum use instead of corn to save $$
i do not know, only NEIL knows why pps is being suppressed. My theory is they want to buy the rest of 20% cheap from peholdco so lower pps means lower valuation of company and you can buy back at cheap. Is that the truth? i dont know. Why are institutional investors still investing millions of dollars in PEIX. If they think their money is safe in NEIL's hand. Hell so is mine.
Potential to make $$ is here. Very good potential at that. Question is who is willing to take the risk? and stand firm to see how this all plays out. We will know by Mid May or hopefully by April 30 how this will play out.
Keep in mind nasdaq rules are PPS over $1 for 10 days June 3rd is the time frame. They have 45 days after Q1 finishes to post financials. So by latest May 15 we will know the truth.
bahahahaha wtf just happened to CORN
the etf just took a big shizz. 43.50 to 41.42
something is up. read the PR, how the hell did they find new investors to throw in millions when R/S threat looms around corner. With the trench notes they are doing warrants to again at 0.52. New money being give to Neil is not comming dirt cheap when compare PPS currently. So wtf? I dont know if we hit a $1 but damn sure believe pps is going to pop in the 50s range so people can offload especially capital venture and iroquis they own over 15million shares. You know how big of a loss it is for them, you think they will allow the pps to get raped and loose $$
Also look at the L2 now, its pure hedge fund computer generated trading. Look how bid/ask is linning up in thousands of shares with only 1/100 of difference. its just cyber sex
agreed. worse case scenario has already happened. none of us happy with the pps but not much volume and stock has traded in the lows 30s plenty of times.
I said it before will say it again. Go back to 2011 and look at charts and see what they did. PPS got raped to .30-.319 before the flood gates opened to 1.85
margins improved. Q4 is better than Q3 as stated.
Real question is why release results earlier than stated? Neil got worried that pps is getting hammered? We should move up tomorrow.
Some quotes from PR
"we are seeing improvement in production margins"
"We are installing corn oil separation at two of the plants, which will diversify revenues and increase overall margins. In addition, both as a step toward qualifying for advanced biofuel and to take advantage of favorable pricing, we purchased sorghum as feedstock for producing ethanol from local, Midwest and international markets."
2013 Q1 is going to rock !!
Let the good times roll !!
they are praying on peoples fears. Admit it or not, everyone that follows peix knows that it has a lot of potential. Manipulators know that. The same people they scare into selling, likely half of them will wind up buying again when the pps begins to run up again.
Hell why lie, i have done exact myself. People need to stand firm, i mean how bad can the pps really go we are already at 0.35 go to 33, 32? it should not matter. Upside is so damn much though, they can easily shoot this thing up pre-market by 10-15C and then let it run. It has happened in the past and can happen again.
I watch the L2 everyday i have seen this thing go to $1.85 and now back to 0.35, they are very very clever with manipulation
exactly. there are way too many positives here to consider, so in my eyes it is worth the risk of being involved in peix whether your an investor or a trader.
1. Corn was cheaper almost by a $1 in q4 as compared to q3. If peix hedged even better.
2. Been using milo not sure about soghrum yet. But milo was also cheaper than corn by .90c to a $1
3. West coast ethanol sells at a premium price as compared to the rest of US
4. We now own 80% of plant
5. PEIX remained operational in q3/q4 while other had shut plants down
6. Go back and look at the charts from oct 2011. Similar scenario is about to repeat, they are going to rape the PPS and then open up the flood gates. Last time it went from .31 or so to $1.85
7. Every ethanol company has beat expectation in Q4, so why not peix
8. Lets say everything i mentioned above is wrong and does not play out. You got some big institutions with millions invested in peix, you know they are going to want to get out and make some sort of a profit. So PPS will rise. maybe in the 50-60 range. I am hoping at least .70 range because some of those guys also bought shares above a $1
none of us get inside Neil's mind. but common sense would dictate to CEO that if all you do is R/S dilute , where are you going to find investors?
i think the shorts are the ones being fooled. think about it randomly shorting stopped last week and now closer to earnings its picked up. Iroquis and Capital ventures own tons shares at much higher pps. You think they invested millions of dollars into peix to loose money? you can bet your arse that there is going to be a pps spike post April 1. Every ethanol company has beat expectations for Q4, peix will as well. PPS will rise, but we need to get above $1 to avoid delist. So why not trap these shorts and let them help us on the way on up?
Keep in mind in oct 2011 same scenario. they shook everyone out and bam $1.85.
Thanks again for the cheap shares.
all games. been enjoying all this drama. actually am grateful been able to pick up cheap shares along the way.
not june. Q1 results should be released by May 15. If i am not wrong i believe requirements are 45 days after Q1 finishes to make financials public
not vicki, i am a guy :) so VICK. thats a 1 after my name now i
secondly i am a physician, maybe in 10-15 i will go get a mba, no time right now
There is where things stand as of now.
1. Company is profitable now, Q1 for sure based on cost of corn/milo/corn oil extraction/RINS/Ethanol price
2. Q4 results? they will be better than Q3 and that is the general consensus everywhere. Better than q3, how much, who knows. Fact that earnings are on Monday means they will post good Q4 earnings. You do not have to believe what i say, just go back and look at old earnings, when earnings were posted in beginning of week they were always better than previous quarters.
3. Reverse split, is it possible? sure why not. But what goes against them having a successful reverse split.
a. They already did a R/S June 2011.
b. To do a R/S again is literally suicide for the company, in terms of being able to attract new investors. There are institution investors that bought a ton of shares in the $1+ range and also in the 40c range. I do not think any of them would agree to the R/S.
c. Between the institutions and average investors i think we all outnumber neil and his gang if we all vote NO to R/S.
d. If R/S happens lots of people will be ticked off and no one will invest in PEIX again. Because after the R/S they have capability to dilute well over 200million + shares into market. Where as without the R/S only about 42million or so shares left to dilute. If i was a institutional investor, its common sense no way i would allow a R/S.
e. If R/S vote does go through. I would institutions to start pumping the stock and pps so they can dump their shares. I think there will be a pop in the 60-70c range there.
f. Numbers do not lie. There is plenty of info on EPA site and financial statements from likes of GPRE to suggest that PEIX should also be profitable. If they are hiding information just so they can R/S and clean house and release info post split. PEIX is in for a rude awakening. Plenty of people will be suing them for with-holding information.
Long story short, key is Q4 results and Q1 guidance. If that is good anyone here can easily make 100% or more on their current investment.
it seems things are being done strategically. PEIX knows another r/s equals dead for this company. If q4 is better than q3 (which it will be) and good Q1 guidance. there is nothing anyone can do to hold pps down. It will fly over $1 real quick.
i am 100% confident it will be all positive news
PEIX will have better than q3 earnings. GUARANTEED!!!
Look at my previous posts. there is a trend with peix, if they report poor earnings its usually on thursday/friday. If earnings are good they will report early during week mon/tue/wed.
Q3 beat Q2 and was reported on tuesday.
Do your own DD anyways !!
i will join ya and double up the anti that we stay green entire week. There will be earnings PR this week fo sure.
#5 on break boards fellas.
we are #10 on breakout boards boys. This coming week should be very interesting
ya well, if i was a ceo and voided a deal or did not need the feel to renew a previous deal and they had shares. why would i pr stuff so pps can be jacked up and the other guys can sell at a higher level? NEVER !!
As i said you need iron clad steel balls to invest here. Plenty of people actually anyone who has visited the CONO facility has only positive things to say about it and the future is bright. Not just bright VERY VERY BRIGHT !!!!
Hang tight
maybe interstate is selling their shares
maybe their agreement is over? it will stop. who ever is dumping is at least not doing it all together.
wait it out but you need iron clad steel balls for that.
i got a feeling who ever is selling once done and complete, there will flow of info/PR from mitch to get it rolling upwards again.
Earnings PR this week and earnings likely sometimes following week on tues/wednesday in my opinion
Prior to that i think this week is the e15 decision as well. Hopefully once thats held up on march 15 we get a nice run up and it continues following week with good earnings and future guidance
As far as R/S is concerned kinda funny how pps rose after the filing and shorting decreased. Maybe it was a warning to the lame hedgies to cut it off or get diluted down to hell??
We will go up monday AM if u just look at the chart, towards end of the day stock was oversold
ask at .035 now weeeeeeeeeeee
something is up. maybe PR on its way and people in the loop are smacking ask.
haha what a change for once. people are actually smacking the ask
Good Times !!
i agree 100%
so you mean to say that a promoter held on to shares for months and decided to sell in the .02-.03 range instead of the height of the promotion.
Seriously is that what you are saying??
I am not a rocket scientist but even i know that if i am pumping something, i know exactly when i should dump my shares, instead of waiting for months afterwards.
302k shares short today. I hope no one sells to that clown to cover
20130205|CNOZ|302356|0|1079095|O
They are fishing for stop losses
if you are watching L2 i am sure you just saw that stop loss of 305k shares at .363 which got ask whacked in a few seconds
and then all the MMs show up with bid support above .363
too funny.
said it before and will say it again. This stock is not the faint of heart. YOU NEED IRON CLAD STEEL BALLS IF YOU WANT TO MAKE SOME GOOD $$$ HERE !!!!
its all games. Plus 35k shares were short yesterday. Who know how much of it is short volume today too. Lets see later today
read previous shareholder update. I think this is TCA selling shares, they had 988k shares to dump. Since november volume is barely minimal along with few other share holders being scared and selling. Nothing significant. Hopefully TCA is done with their 988k shares. Last hit was 220k at 0.021 and now ask is at 0.025.