"Be careful with the ethanol plays like Pacific..... And with the weather issues and crop failures in Asia this year, they could get screwed by corn price volatility and fixed sell contracts on ethanol again"..
OK- But PEIX uses corn from Midwest- and re-sells the "MASH" left over grain after ethanol is removed, to local farm feed lots and producers. The "corn" PEIX uses is not a food grade, but a "cow" grade corn that is un-eatable for humans.- also conditions are different than last year, in that car sales are up, and heading towards E-15. Not sure but wonder if these don't figure into the Ethanol plays going into next year? Never hurts to be careful..
Check out the insider buys at AXST... This has been dead money for over a year, and probably has a worthless chart?