InvestorsHub Logo
Followers 25
Posts 5233
Boards Moderated 0
Alias Born 12/02/2011

Re: Harry Winston post# 29827

Thursday, 05/02/2019 2:37:27 AM

Thursday, May 02, 2019 2:37:27 AM

Post# of 30375

You quoted something I wrote last Saturday, when the price was rallying. The PEIX stock price went up significantly since one week earlier.

The market's expectations and stock price movements are influenced by many factors, which sometimes include attempts to manipulate the price of a given stock for reasons other than profits.



So if the price rallies it has to do with good expectations about earnings, and if it drops there are other reasons causing it? LOL

I expect Pacific Ethanol to beat their pitiful Q1 expectations



So I guess you also have a disclaimer on this quote? They didn't beat expectations.

What about this quote? Will this still be the case?

I expect Pacific Ethanol to beat their pitiful Q1 expectations, causing a big rally in their stock price, bringing it much closer to their $6.50+ book value.



Or this one?

In one sense, you're correct. PEIX stock can't live up to the expectations, but those expectations are for continued bad results.



these are all quotes done by you. But I'm sure you got a perfectly good explanation, and way to talk this into a great Q1 for PEIX. But I'm afraid the market will disagree. And this will not be the beginning of another rally. But hey, there is probable a good reason for that too, making the earnings all positive and great.

But like I've said before. No matter what the earnings are, very often PEIX ends the day even after that green. The only problem is that after that, they always start dropping again. So IMO no rally toward $2, not even toward $1.50 or $1.30 and most likely We'll end somewhere between $1.10 and $1 or even below $1.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ALTO News