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Re: None

Wednesday, 11/19/2014 11:38:05 AM

Wednesday, November 19, 2014 11:38:05 AM

Post# of 30378
Biofuel/Rule_62- Ethanol stocks

Why is REX & GPRE still floundering, while margins are up substantially to the same levesl when REX was 55% higher ? I don't get that. Is it that DDGs are still very low ? What makes PEIX so much better than GPRE or REX as far as potential % upside from here ?

Lastly what PEs going forward should we use for PEIX. Seems to me around 8-10 max, assuming fully taxed. Therefore it seems if PEIX posts $.70/qtr untaxed, that would be more like $.45/qtr fully taxed(35% rate), and tacking even a 10 PE would take the stock to $19.
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