When I said PEIX was a buy near $19.00.. why didn't you immediately say that I was wrong?
The answer is you didn't know until you had the hindsight that you are famous for using so
brilliantly! (that was sarcasm in case you get the wrong idea, since you really don't understand
If I say that Pixie is a buy at $19 and it drops to $15.00, it is just a better buy at $15, but it is still
a buy at $19.00 !
When I said $3.50 was a wicked good buy, it still went down to $2.33 but does that mean that
$3.50 was not a good buy?
Are you ever going to grow up and become a man?
I have you on ignore until Kelly tells me you have grown up a little as far as your attitude
toward decent people on this board.
The only thing I have ever done on this board is try to help people that I thought needed
a little help.
I was wrong during the drought, but I haven't been wrong since. I don't know what you are
talking about when you say $4400 per share. I didn't even know about this stock when it
traded at that equivalent price.
And my highest wicked good buy price recently was $16.00, so how about cutting the krrap?
And why don't you start calling you wife or life partner, Barf?
Dave I think my old wicked good buy price of $14.95 is going to be just about
perfect again this time. But where will it peak out from there? I am thinking
$14.95 times 2 or $29.90 and if I sell there, Pixie will go higher in this
BULL MARKET. So have faith in what you believe and so will I.
Lately I have been getting in some firewood and that has been a he11 of a lot
more fun that the stock market.
Sonya, it's great to have hindsight isn't it. Yes, if I had known that I could have sold @ $23.50 and bought
back @ $15.00 I would have done it on 11,575 shares, average cost of $12.80.
But I never would have sold my 40,000 shares which have a cost basis of $3.236 exactly. After all, at what price
would I have started buying back my shares? I am almost always early, so I would have no doubt made quite a mess for myself.
I think even you would have liked to make some nice money by buying @ $3.60 and all the way down to $2.44
like I did, but why didn't you? What do you think you would have sold at?
I know what you probably would say; you don't like the company, you don't like Neil Koehler, maybe you don't
like the idea of making ethanol out of corn.
I listened to Warren Buffett recently when he said, by the time he makes an investment, he knows he will make
money, and I know I will make a lot of money on Pixie.
Even after this drop I am up about $472,000 on my $3.236 shares. How much did you bank on your short, or
better yet, how much have you made on all your PEIX trades combined? Don't forget the trades that made you hate the company.
WICKED GOOD BUY, especially below $16.00 for the patient investor who has studied this company and has
some common sense.
Biff is back...
Marc, no Chinese stocks for me. 2 bad apples spoiled the whole barrel for me for life.
Don't be afraid to buy all the more PEIX and sell your KNDI or other Chinese Stocks
to use the proceeds.
That is just my opinion and it is definitely what I would do.
With thousands of USA stocks that you and I don't even know about, we can stick right
with our own country and when nothing looks like a screaming buy, just wait until there is.
I should have said Wicked good buy; I forgot.
P.S. I just checked my emails and UE now has a price target of $30 up from $19. He is
using a p/e of 12 and I hope the market will put Pixie at a p/e of 12. If so we will go higher
than $30. Gonna be fun.
Funny the difference in opinions because I don't think it is that important to buy the remaining 4%.
If Pixie wanted to sell the company they could work a deal very easily with that lender.
4% ?,. I pay 5.5% in sales tax all day long.
I am not hinting that they want to sell; I don't care either way.
If you invest to "never lose capital" you will end up with 5X
as much or even more.
Build and race a funny car for the rush?
""1. In my book, $6M for 10M gallons is 60c per gallon
2. If 5% of plant ownership is worth $6M, then 100% is worth $120M ( 20 x 5%=100%).
3. Last, how much will PEIX have too pay for the last 4% ownership?""
Replacement cost of these 4 ethanol plants would be $500,000,000... so wouldn't you say they got a deal?
Come on Ellie; get on the right side of the trade and please proofread. I am not going to tell you
again. Enough with the hen-scratch !
I might use a stop at times when I have a huge gain, but a 35% gain on Pixie is not a huge gain.
A 65% gain from where you bought might make more sense.
My question would be; is this the only money you have and you are going to need some of it?
No one knows your situation.
That's why financial advisors ask a lot of questions that "seem" unnecessary.
The huge buy on Friday wasn't at the close because it didn't even affect the share price.
I think it was shares accumulated all day by market makers to fill a buy order for some
big money investor. It was then sold to that fund manager at the close.
Also I don't know how they are buying those percentages of the plants so cheaply . That
same thing happened before. Maybe they want a big payday on the last 4% when the
company is bought out by Warren Buffett. He has a railroad and now word is he always
wanted to make his own ethanol.
Hey Bergy, yesterday you were a "dunce"; today you are only "hopeless";
it may be that the teach' is starting to see some progress. Keep at it.