I believe Pacific Ethanol is bankrupt and they just got an extension, so my bearishness may not be justified. Google :
Sacramento-based Pacific Ethanol Inc. received a letter Wednesday from the Nasdaq Stock Market granting a 180-day extension period in which to regain compliance with a Nasdaq listing rule. The rule requires listed securities to maintain a minimum closing bid price of at least $1 per share.In June, the company announced that it faced delisting by the stock market — for the second time in a year."
On 11/13/2012 synm said they were in compliance on all requirements except the $1. the price on that day was about 10cents higher than yesterday. the disclosure requirement is to file an 8-k with the SEC within four days after receiving the letter from the Nasdaq...therefore 5 to 7 days.