PEIX outstanding warrants and negative impact on EPS?
Have you accounted for outstanding (in-the-money) warrants and probable estimated negative impact on earnings? I have not, but nobody has discussed this potential negative against possible PEIX stock upside. Maybe that unknown is what helped pull PEIX down last week. Not sure what dropped REX to its knees, except that it had run up so far, plus Wade was selling a bunch last week (jk).
REX also has three investor conferences coming up soon: Wed. (Credit Suisse), Thurs. (Global Hunter), Monday (Singular Research, which already covers REX the past two years as a "strong buy").
Re - PEIX - Are you still accumulating with this decline? Ethanol futures fell again today and are now in the low $1.70 range. My put strategy was blown-up with the drop to under $17. Thankfully, it was a small bet. I'm looking to buy down here and added a bit around $17.25 this afternoon.