PEIX is a legit turnaround story. it was a painful process but they are now debt free. BIOF has not begun to deal with the $100 million + debt load. Its been an impressive run for BIOF longs but its time to take a look at exactly what it is that you own.
The difference between the two as far as profit potential is that BIOF can make more. They have the best corn oil extraction technology in the industry, from Greenshift. The GERS corn oil system that BIOF licensed is extracting more oil than any other producer. In fact, BIOF extracts 95% more oil with GERS' technology than PEIX does with ICM's system. BIOF gets .9 pounds per bushel. PEIX can only do .5 pounds. Corn oil is where ethanol producers make their profit.
Greenshift's #1 largest customer. GPRE said they wouldn't be profitable without it.
Check out the GERS website for a look at the system SXL Sunoco licensed.
You can find a picture of GPRE's oil system on the IHUB site.
Remember, corn oil is an ethanol producers profit maker and BIOF extracts 95% more than PEIX.