PEIX, It was a b.s. target by Friedman, Billing & Ramsey. They downgraded all the ethanol stocks, and don't have a clue, or are short the stock and need to cover, imo.
S&P has a $5 target, and they are a bit more reputable, imo.
Look at where AVR and VSE have moved last coule weeks. PEIX reports next week, and I think they follow the sector trend.