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dr_airtime

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dr_airtime

Re: wadegarret post# 14648

Thursday, 03/13/2014 12:59:51 AM

Thursday, March 13, 2014 12:59:51 AM

Post# of 17741
PEIX - Just look at Q4-12...

...the last time ethanol prices spiked and compare to fundamentals now and $20 should be in the bag in H1-14 just based on past price history alone.

Regardless of is you use Treasury Stock method or not the correct assumption is we hit $20 is to just assume all the warrants are exercised by end of year, so just looking at Q1 is meaningless. Question is will fundamentals hold up throughout the year.

Just adding my two cents to the now-PEIX board.
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