Replies to post #160458 on Value Microcaps Motherboard

[researcher59]

Wade: PEIX (14.73) should not tank on a shelf filing, but if it does it would be a buying opportunity .... if there's another offering, then I'd expect perhaps a 10% selloff. The recent $28M offering only took the stock down 3% at the opening and about 9% on the day.

I do think the stock will continue to be volatile and could trade back down in the $13's next week.

[houtheman]

PEIX - Wade - I wouldn't be so negative. They are just being smart. This is a cyclical business and they want to build a cushion now while things are good. In the most recent conference call they mentioned that now is NOT the time to make acquisitions but they anticipate future cyclical downturns and THAT would be the time to buy other plants. Would you rather they raise the money to buy plants when business is bad and the stock price is much lower... or would you rather they raise that money now? I understand no one likes dilution but there is a silver lining here.

[researcher59]

PEIX +.65 to 15.55, nice action today. The stock briefly dipped to the low $14's yesterday morning before recovering.

That $150M shelf filing is not causing concern, except for a few sellers yesterday morning.

Your fears of a drop to $11 were unwarranted. But are you selling any shares now in the mid $15's ?

I did a bit of selling this morning ....