PEIX shareholders could benefit from a number factors playing in this ethanol producers favor. Things like debt reduction, cost reduction(low corn prices) and continued stiff emission regulation may be enough to keep this ball rolling.
Comments
littleriver
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Big move with volume today.
bhorbs81
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I agree with your post buyer and swing trading on leverage EVERYTIME it pulls back and rebuy on 9 ema long term I think it hits 52 weeks high again and with few waves and pull back s it gives multiple swing trade plays on its way there.
Great call on stock just could buy earlier than now but still has plenty room in it
littleriver
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Thanks True I would rather be in down there at the bottom of this run but this play really did not get my attention until recent drop in corn. Lets see if we are right and there is still plenty left in the tank.