I suggested getting out at $.39 and buying back in at a lower price. It is now trading around $.35 and still has a lot of presure to go lower. A good play would be sell now and get back in at a lower price. Remember there is a lot of reasons for PEIX to drop but not much to give a lift. Bad earnings, reverse stock-split and depressed industry will put much pressure in the next few weeks. Just my opinion trade at your own risk. Not a basher just trying to help.
I just added some shares in $0.31 ... in a way it looks like the bottom of the channel.
The Bollinger, RSI & MACD support me in, PEIX is at the bottom for this time.
Next target "in the channel" when it turns up is $0.42 (I believe in that).