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Do not forget some warrants in Jan 2014 were timed out!!
ID
This GETS ADJUSTED EACH QUATRER UP OR DOWN!!
"Fair Value Adjustment"
For example Q3 2013 and Q3 2012
I got a buy in at $0.79 waiting patiently!!
GLTA
ID
You will not get min charts unless you belong to stockcharts!
Only daily charts will show up!!
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Mad that I did not sell at $18.25 now will wait till end of day!!
It will trend down on this 10 min chart!!
Once she breaks over the 10 min 50MA we are looking better!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=10&b=5&g=0&id=p35936677596
So fight will be between both 5 and 10min charts!!
GLTA
ID
Bought in at $17.75!
5 min chart shaping up!! Now!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=5&b=6&g=0&id=p30703272162
GLTA
ID
The 10min chart about to cross down this could go down a bit now!!
http://stockcharts.com/h-sc/ui?s=GOL&p=10&b=2&g=0&id=p25135026954
GLTU
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I got stopped out!! So I hope for you it goes up tomorrow!!
Otherwise buy more at the $16.00's level!!
GLTU
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Waiting for $9's to hit to rebuy more!!
GLTA
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If JNUG breaks down below $17.40 she goes down to $16.00 I think! I hope not but looks that way!!
Either way I will trade out today!! Gold has dropped and not sure will she rise up or go down further again!!
Will trade either stock tomorrow again!! JNUG or JDST!!
I am probably safe to say an up day tomorrow in JNUG but who knows!!
GLTA
ID
looks like 1 hr chart on JNUG hitting bottom and should go up a bit!! Not sure how high but to about $18.50 I think!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=60&b=5&g=0&id=p95758221016
GLTA
ID
Rebought JDST at $22.50 and sold at $24.50!!! YES!!!!!
Could have made more from yesterday but was not sure what would happen this AM!!
$2,000.00 today!!
And Bought JNUG at $17.60!!
And with stop loss at $17.40!!
GLTA
ID
Read my post for Q2 projection and the fair value column!!
ID
Good news will come out at Q2 regardless! More sugar less corn at 15% intake!!
And corn will always go up in Spring for farmers to plant the stuff!!
Never EVER seen a spring where corn futures are not higher!!
As a result ethanol futures go down!!
What matters is how DRY the summer is after corn plantings!! That we cannot predict yet!! And so far plantings, we are AHEAD of last year this time!!
I just would LOVE to see all these warrants exercised the more the better!!
I am buying more PEIX when $9-10's hit!! LOAD the boat!!
I still think this company is getting set up for a buyout!! Just my feeling!! Though!!
GLTA
ID
My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $2.00!!!!
......................................................................................................... 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........................38,000
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................33,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................10,000 (5.5M down to 4.0M gives 10M positive adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $16.00 if higher then less of an effect)
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)........................41,600
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................38,400
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).......................36,400
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 36,000
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69).....................$ 2.00
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
At PPS of say $12.00 this becomes $3.00!!
GLTA
ID
One person selling 7000 shares is not to worrisome!!
ID
No warrants are getting exercised at these prices likely!!
ID
No in 10-Q1 and in law suit as result!!
Current as of May 5, 2014!!!
May get booted out by land lords!!!
No payments are all current!
ID
I love this!!
The sooner these warrants are sold the better off for everyone!!
GLTA
ID
I am out JDST at $21.85!!
Made $500.00 from yesterday to today!!
Finished for the day
GLTA
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JNUG goes as low as $19.50 and could go to $19.20
as per 30 min chart today!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=30&b=6&g=0&id=p90366417922
And JDST could go to $22.40!!
GLTA
ID
Nice buys and sells LC!!!
I am making a lot of money on my junior gold ETF's in chart mode again!!
And playing the Bigger gold ETF's as well!!
Deciding if I go into MSLP tomorrow or not???
Made $13,000.00 in 12 days on just 2 stocks with swing trading!!
JDST and JNUG!!
About a 40% gain!! Just deciding if I should play with more than $22,000.00 per trade!! ie double that!!
I am in 3 stocks that are in a holding pattern and dead money right now!!
Could I live with now $7-14,000.00 a week gain is a thing I am REALLY considering!! And just playing stocks on charts and no BS on CEO's etc..???
x 52 weeks makes that VERY VERY encouraging and increasing my stake in next 2-4 weeks!!
I love trading with charts now!!
GLTA
ID
I think JNUT goes down tomorrow and JDST goes up!!
2 hr chart on JDST holding the 200MA!!!
$23.00 would be nice!!
If not will rebuy lower tomorrow and avg down and do same thing as I did today!!
http://stockcharts.com/h-sc/ui?s=JDST&p=120&b=5&g=0&id=p34871864574
GLTA
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Sold at $20.45 watch out below!!
Another $500.00 so nice start of week!!
Into JDST at $21.32
With a stop loss just in case!!
GLTA
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Be careful as Gold is dropping now!! So I got a stop loss in place if she falls further and JNUG goes down!!
GLTA
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In JNUG at $19.94!
GLTA
ID
Out at $21.88!!
Will wait for bottom again!!
Nice $0.28 on 2000 shares is a nice $500 trade from Friday to day!!
Good start for week!
ID
I bought more JDST at $21.00 this AM now at avg of $21.60!!
Not sure what the hell to do????
JDST is at $21.79 now so will she continue up or go back down??
I got a stop loss at $21.70
GLTA
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Yes it does Tx!
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So how do they get this number??
This is a comment to some one from board that i would like to post!!
My PREDICTION Reconciliation of Adjusted EBITDA for June-2014 Q2!!
............................................................ Three Months Ended....Three Months Ended
............................................................ March 31,....................June 30,(estimate)
(in thousands) (unaudited)............................. 2014.....................2014
Net (loss) attributed to Pacific Ethanol, Inc. $ (10,826).................$ 36,400
Adjustments:
Interest expense*........................................ 4,044.......................4,000
Provision for income taxes .......................... 3,270.......................3,200
Fair value adjustments............................... 35,844....................(10,000)
Depreciation and amortization expense*........ 3,063......................3,000
Total adjustments...................................... 46,221.........................200
Adjusted EBITDA.................................... $ 35,395..................$ 36,600
* Adjusted for noncontrolling interests.
GLTA
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What happens when they sell say 1.5 million warrants does that then become a profit rather than an expense?? I think so!!
reason why I give $2.00 share profit in Q2!!
TIA
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Yes they do!! Reason why discussion on board about 1-2 weeks ago with this topic and numbers I derived at!!
look at my previous posts on this subject!
GLTA
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I calculated this once around for $56 million from $6 million to $10 million depending what rate!!
There was some conflict of numbers from the BOARD but this was the ball park at $56 million!!
So for $39 million calculate accordingly!!
Say $4 million to $8 million interest to pay early!!
GLTA
ID
My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $2.00!!!!
......................................................................................................... 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........................38,000
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................33,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................10,000 (5.5M down to 4.0M gives 10M positive adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $16.00 if higher then less of an effect)
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)........................41,600
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................38,400
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).......................36,400
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 36,000
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69).....................$ 2.00
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
GLTA
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