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Re: Dutch1 post# 29963

Tuesday, 06/25/2019 1:27:59 PM

Tuesday, June 25, 2019 1:27:59 PM

Post# of 30377
I also said why PEIX has upside. Part of the reason is the fact that the Book Value is over seven times the current trading price, but another part of the reason is because of the company's place in the very successful energy industry. As stated yesterday, a third reason for the optimism and bullishness is the raised growth estimates from the analysts, 38% for the current quarter and 54% for 2020. This is exciting because their own industry has negative growth estimates! In fact, the entire S&P500 group only has single-digit growth estimates for the current quarter and for 2020!
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