Replies to post #186498 on ORIONS Money Stocks

[Donis]

We dutchies know how to handle ;)

[Blue Sky Basin]

Did you see the PEIX news from yesterday, the reason it went crazy, why isn't that news PR'd everywhere?

[Blue Sky Basin]

In company news, Pacific Ethanol (PEIX) rose 2.54% in late Thursday trade after announcing a deal raising $8 million for the ethanol producer through a sale of about 6.4 million shares of stock to a group of institutional investors. PEIX intends to use $4.6 million of the net proceeds to purchase an additional 7% ownership stake in New PE Holdco, the owner of the four Pacific Ethanol production facilities, boosting its overall stake to 34%.


I saw this in my streamer news this morning, however somebody on the peix board said this is old news and already in the filings. I haven't gone back to look for myself yet