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stock_peeker

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Re: hebercreeper post# 14814

Friday, 03/28/2014 9:39:16 AM

Friday, March 28, 2014 9:39:16 AM

Post# of 17739
PEIX: How do we know they will not hedge (forward sell) their ethanol in the California market? It has been said that their bankruptcy history resulted in bank loan limitations on hedging, but it's not clear whether PEIX mgt can try to work something out to lock in higher west coast ethanol prices before they drop meaningfully.

Just thinking that the highly optimistic estimates for future earnings would be impacted by sharp drop in ethanol prices and/or any hedging that PEIX puts on.

Focus Focus Focus Focus !!!!

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