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07/28/16 3:44 PM

#22935 RE: Mermelstein #22918

Mermelstein: PEIX

U make good points. That being said, I sold out of my PEIX position today, mainly because I want to raise cash. I still have exposure to ethanol in two other stocks--VLO and REX.

If PEIX goes down 15-20 percent I might get back in.

Regards.