$0.42
0.02 (+5.00%)
Pacific Ethanol, Inc. (PEIX)
CAPS Rating:
The Company is engaged in the production, marketing and sale of ethanol and other renewable fuels in the Western United States.
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As we work to become less dependant on imported oils & fuels, the markets for other forms of renewable fuels will continue to grow. If everyone would only encourage the use of ethanol instead of fearing it on unfounded stories of it's damaging effects!!!! I often find people who really believe that using ethanol will damage their cars when what it really does it clean out the old gunk and allow it to run better and also cleaner. Of course you will find that when the gunk comes out you will possibly need a new fuel filter in the older model cars but any car with a fuel filter needs a new one occasionally.
This is a good Company Just the thoughts of a Takeover make it more attractive,the Company offers a way of producing new type of fuel to return Americans to the " good old days to Help USA Auto makers Sell more product were all In see yo at 30.00 and up once again Thanks PEIX GO GREEN" Help US carmakers. Gas blended now 78.9 Aahh feel the love Hot Rods once again! :)PS dont be Greedy when you invest"
They will use Sugar and waste to "Go GREEN" The Company is Far ahead of its time In addition Corn will be used less and products that are waste Sugar Cane BAGASS WASTE will be just as good IN Ethanol production. see you at 30.00 This is a Great American Company".
This board has been quiet lately.
I just bought 10000 shares at $0.32.
PEIX is a play on energy independence, margins are improving due to lower feedstock prices, everyone's running from this stock (and rightly so...) so the price is in the dregs, GM coming out of bankruptcy might shed some light on domestic fuel plays and the whole protectionist play that's always in the cards. All these things are wildcards for PEIX considering the bankruptcy.
It's a little risky and I wouldn't put too much into this, yet, but at these prices a little bite won't hurt too much.