Replies to post #14788 on Value Microcaps Junior Energy

[stock_peeker]

I actually did add 1000sh today at 15.25 and 14.25, out of pure unadulterated stubbornness and surprise that REX results were not perceived as "good enough".

I agree with Bobwins that PEIX should still report good earnings in April, but that 4 weeks is looking like a long time right now. Fingers crossed that California ethanol prices remain high and PEIX breaks a dollar/share in the April report.

For the record, I think CL also added some PEIX options today, so we aren't the only ones that think unhedged PEIX is better than the others.

[researcher59]

Wade: PEIX went down 23% in the last correction to $12.55, so this is just a repeat .... it's a volatile commodity stock .... I'm not surprised to see another big correction. Maybe 23% is the magic number and $14.02 is the bottom ???

 
 Trend Start  Price         Trend End     Price      Gain/Loss %   Days in Trend 
  
 01/02/14      4.83          01/23/14      8.37           73.3%        15 
 01/23/14      8.37          01/29/14      6.16          -26.4%        5 
 01/29/14      6.16          03/03/14      16.3           164.6%       23 
 03/03/14      16.3          03/11/14      12.55         -23%          7 
 03/11/14      12.55         03/24/14      18.2           45%          10 
 03/24/14      18.2          03/26/14      14.02         -23%          3