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Re: mick post# 160

Tuesday, 11/22/2011 10:00:35 AM

Tuesday, November 22, 2011 10:00:35 AM

Post# of 246
Took a recent profitable ride on PEIX.

This market is way to difficult not to take profits on runs for BIOF and PEIX. Obviously there could be some big short term gains to be had but I am chicken about this market.

BIOF should get about $15 million additional revenue from their new corn oil recovery manufacturing process. I have a pretty decent source in the industry that tells me that number is what the equipment will cost so after the first year it should be a very nice boost to income.

I also like PEIX because California is so tough on manadating emissions control and I am also interested in how successful their cellulose ethanol production might be.

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