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rikelme

04/30/13 12:14 AM

#19026 RE: sashex001 #19019

I think very similarly. PEIX will remain listed on NASDAQ, that's for sure - via the R/S or, less likely, via strong balance sheets. The R/S dip is partially priced in already as it is expected. The R/S per se will attract more shorts and give them confidence, but that will not last long, because of the current ethanol margins which haven't been seen for a while (since 2011) and PEIX is making $ in the Q2 for sure. As I said before, I'm holding till after the Q1 earnings, maybe even longer (I'm kind of afraid of the next dilution). I did average down at these dips and my current position has the average pps of $0.305.
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Logic1

04/30/13 9:02 AM

#19028 RE: sashex001 #19019

I believe R/S will be ratified and the quarterly earnings will be better then 4 quarter but not that great. If R/S is not ratified maybe insight to 1 quarter profits and chance of big upswing.