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Re: Dutch1 post# 28275

Thursday, 01/15/2015 8:41:36 AM

Thursday, January 15, 2015 8:41:36 AM

Post# of 30377
For what it's worth, Dutch, I highly doubt Q4's numbers week be negative. The merger was announced on 12/31 with a requirement of a share price of $10 just prior to the merger to be finalized. PEIX would have known their numbers for Q4 at that time so I'm assuming they felt they justified at least $10. And at least now, the negative margins are a result of overproduction and not expensive corn. That's a situation that is manageable and should be easily rectified.
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