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tiesto

03/13/14 12:38 AM

#14649 RE: wadegarret #14648

PEIX - wow, thanks for that post!
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dr_airtime

03/13/14 12:59 AM

#14650 RE: wadegarret #14648

PEIX - Just look at Q4-12...

...the last time ethanol prices spiked and compare to fundamentals now and $20 should be in the bag in H1-14 just based on past price history alone.

Regardless of is you use Treasury Stock method or not the correct assumption is we hit $20 is to just assume all the warrants are exercised by end of year, so just looking at Q1 is meaningless. Question is will fundamentals hold up throughout the year.

Just adding my two cents to the now-PEIX board.