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Pacific Ethanol, Inc. (PEIX) Message Board

  • eb_1964 eb_1964 May 2, 2006 2:28 AM Flag

    Anyone looking at EBOF?

    Has anyone looked at EBOF? They are already producing BioDiesel & Ethanol. Could be a run coming soon.

    Happy Trading...

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    • Yeh I bought in at 2.00 a few months ago and just sold at 4.10. I will get in again soon.
      By the way they dont produce ethanol yet, it was the news last week that they purchased land to build a plant that gave them the 4.10 spike. This is a solid company with a good plan. They have all the biodiesel pieces up and running. They are producing ASTM spec fuel and selling it at 22 locations along interstates in the south. Willie Nelson is on the board and thier spokesperson after they aquired Willies distribution company. The biggest new as far as Im concerned with them is they bought a blending facility "rack" so they can now control the quality and fuel blending themselves and get the federal blending credits. Which for virgin oils is $1.00 subsidy from feds. This is huge for their company and the further acceptance of biodiesel by trucker fleets that travel the southern routes. So yeh I'm getting back in soon.

 
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