PEIX still higher than the 1.09 when earning swhere announced-- don't let them steal your shares!!!
I have done my DD and they are stealing shares--- IMO if I was at higher than 1.20 I would hold tight don't take a loss -- if possible avg down-- the support is 1.15
2011 was a breakout year for the company, as it now trades with a profit. I think the company's earnings report was quite encouraging, but the stock had popped 50% in the two days prior to earnings in anticipation of strong results. Therefore, strong results were already priced into the stock. As an investor, I think it would be wise to let the dust settle and allow the momentum investors sell shares. I then think PEIX would make a great investment, maybe on Wednesday, because one thing is for sure, this company is undervalued and is trading with significant fundamental improvements.