More likely $100-$250. Oil is destined for $150 per barrel. Ethanol will be $5/gallon. PEIX makes 500 million gallons per year. A profit of $3/gal is $1.5 billion over 40 million shares. Even a PE of 5 mkes it $150 per share.
Oil is headed towards$150-$200 per barrel because of the hundreds of billions of deferred capex that will lead to a shortage of oil. Ethanol will be $3-$5 per gallon. PEIX makes 500 mgpy, so on only 40 million outstanding shares this means a profit of $25-$50 per share.