PEIX 1.41 - nice PM volume!
Should be a good day Shmo!
Pacific Ethanol (PEIX) produces and markets low carbon renewable fuels in the western United States. We just brought up last week the heavy insider buying here and it looks as though the Founder and Chairman, William Jones, has followed suit buying 200,000 shares on Nov. 10. The stock has since continued to move higher, but still has attractive valuations at .1x P/S, .2x EV/S, and just wisely paid down their $35M in senior convertible notes. This is a nice very speculative buy as it looks to be turning operations around.
