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Sure. If earning beat expectations it can go up there easily. I have nothing against this stock. I just do not trust the management.
What is going to happen is the same thing that always happens with PEIX. The earnings report will come out and the PPS will go up only to come back down. PEIX has never been able to sustain its run ups. Reverse split and delisting are inevitable.
Vick has never been right in his analysis and predictions of PEIX. Better to go with a second opinion.
Welcome to PEIX. You havent been around long and this has been the story of this stock. A "Rondney Dangerfield" stock.
You obviously havent been in here long. Everyone knows no seatbelts are needed in here...
Ready and waiting. Six years ready and waiting.........
Terrible call. This is the beginning of the end fpr PEIX IMO.
I was smiling because everyone is confused about where PEIX is headed. This has been one of the toughest stocks to assess and forcast around lately. Now Obama is proposing to eliminate all federal subsidies in the agriculture sector as part of his debt reduction plan.
:) :) :)
It is obvious the company is pumping money to try to get people top buy. Then they will again dilute.
I bought last Friday after hours and sold this past Tuesday. Am not holding any shares right now.
He is probably near the end of his rope believing PEIX will make any headway. I see him bailing out soon.
I have wathced this long enough to know better than play it long. PEIX shows no precedent to play long and the cob webs are very thick todate...
Geez. Too bad these current buyers are unaware of these proceedings.....
If what you are saying hits the publications there will be a massive bailout. Way to scary to buy shares now until that issue clears up.
I wouldnt be surprised if the price of PEIX is being manipulated to try to get people on board to prevent a reverse split. There has been more than enough questionable moves by this management to not be surprised.
I'm out. Thought yesterday was a signal for a nice run up. False alarm I guess.
Hopefully that will be the case....
I am predicting a significant deflation in the over all market within the next several months that will affect stock across the board. Not going to be pretty.
Yep. Bought in after hours Friday. Not going to hold on long though. This is just another run up that will come back down. PEIX has never been able to sustain each run up it has manufactured in the last 5 years.
Cant help but chuckle. How many times have we heard this rallying cry only to see the reciprical....
I am not surprised one bit. You shouldn't be either.
Yes, I read it. The PPS should be near a dollar at LEAST for the past two years anyway.
I am only stating facts. PEIX's management does not give a diddly squat about the investors and it doesnt take a novice to figure this out. They are obviously structuring everything in which only they benefit at the expense of people like you and everyone investing in PEIX. I have made money but only on run ups due to false hypes created by management. I am on YOUR side and simply pointing out this management cannot be trusted. They remind me of the AMYWAY scammers with an oblivious cult following.
When are people going to realize that for the past 3 years everyone has been saying PEIX : "its fixing to pop". " Calm before the storm". "This is the period when amateurs fall asleep and pro's are preparing for the coming action". You guys seem to be in total denial wishing from an empty well. PEIX will not be making any headway in the next coming years. I said this a year ago and I say this now. You could be making monet on many other stocks instead of waiting for nothing letting the cob webbs build everywhere.
As I said, I have NO postion in this stock. I have made money on its past 3 brief run up's. Missed timed my entry?? You are simply creating something in your head that I must have done. Vick has been a frutrated bag holder as most people in here are and you are more than welcome to join their club. I was simply giving you a heads up that if you buy shares of PEIX now, you can be prepared to wait a very long time IF it does make any significant run up again. I watch this board because PEIX's management is only interested in doing what is best for them and NOT for the share holders. Vick knows this very well for he has been waiting and waiting for over a year watching PEIX wallow in the mire.....
It's "advice". Not "advise". Go ahead and knock yourself out and buy all you want.
I have made plenty of money off PEIX and have been watching this stock longer than anyone on this board. All I have to tell you is if you get in, be prepared for a LONG haul.
Because I have played Peix for years ( 5 years ) and right now if you want to get in, you can prepare to wait a LONG time for this is stock to make any significant move if any.
I dont have a position in this stock but there are a lot of bag holders in here one year and counting....
Best advice your gonna get is to stay away from PEIX. You have been warned.....
Not anytime soon. I see a reverse split coming after 180 days. 5 years from now maybe?
Drscott1970@aol.com
Email me.
I understand your post and do not disagree. I was refering to LONGS playing PEIX sitting around for years waiting for something that is unlikely to happen. You have to think outside the box and understand that under the circumstances, if the public truly embraced ethanol, ethanol stocks would be 100 times higher than it is. Bottom line is, the general public has a negative view of ethanol and has yet to accept it. Having said that, you are not going to have investors you need to lift the PPS no matter how well the ethanol sector is performing. Just because a company is performing well does not mean the PPS will rise. This is the concept many people just cannot seem to grasp. It is what it is....
Negative. I am sure of it.
That is flat out wrong. That is "adjusted close*. They have done a 3/1 splt since (twice?). I donit see it hitting a dollar anytime soon from the data available.
That is .35 cents not 35 dollars.
hahaha. Your dreaming! It never hit a tad over 2 dollars in 2009.
It will fall back down just as fast as it pops. This is all PEIX knows how to do.
I am not going to debate anything. This is a BAD investment and I have heard everything you just said by about 100 people over and over yet PEIX still has gone anywhere. Again, invest at your own risk. Good luck.