PEIX (12.00) will be presenting to institutional investors next Wednesday and the corn crush spread has increased substantially in the past 2 weeks, so a strong Q2 report is pretty much assured. Some institutional buying could spark a rally.
I added some shares today at around $12.
SACRAMENTO, Calif., May 22, 2014 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (Nasdaq:PEIX), the leading producer and marketer of low-carbon renewable fuels in the Western United States, announced its president and CEO Neil Koehler, and CFO Bryon McGregor, will participate in the Craig-Hallum 11th Annual Institutional Investor Conference on Wednesday, May 28, 2014 in Minneapolis, MN.
The event consists of a full day of one-on-one meetings. Attendees can contact their Craig-Hallum representative to arrange a meeting with Pacific Ethanol.
