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Re: Dutch1 post# 27026

Tuesday, 09/30/2014 2:46:08 PM

Tuesday, September 30, 2014 2:46:08 PM

Post# of 30377
I doubt it, PEIX isn't in the bio-diesel business. I suppose it could affect the price of corn oil, but that by itself isn't going to affect the profitability of PEIX to this extent.

I suspect this is just pure short-side manipulation taking advantage of weak buying to drive it down. Short, drive it down, cover, let it float back up. Rinse, repeat every day until the market wakes up. I wonder if it'll take them until earnings release to arise from their slumber?
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