Observation: REX 3yr chart shows that in March 2012, the company was trading at about $34/share when they reported 4Q earnings of $1.72/sh, but thereafter the stocked dropped >40% to under $20 over the next quarter, and they earned only $.09 for the next quarter. I would assume there was an adverse change in margins (probably due to the fall of ethanol prices).
PEIX? I expect they could trade over $20/share iff they break $1/sh earnings for the current quarter, but it is NOT a sure thing, especially if the trend in ethanol prices continues down into the spring.
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