Take that with a possible FDA approval and you've got $4.50 per share price target!
http://www.bloomberg.com/news/2013-03-21/ethanol-strengthens-against-gasoline-on-record-stockpile-draws.html?cmpid=yhoo
March 8th is not too far away
We are now actively preparing for a meeting with the FDA as part of our plans to initiate the Phase III trial by year-end," said Steven W. King, president and chief executive officer of Peregrine. See you at $4.50 people.
This is going to have a short squeeze tommorow morning people!
Bloomberg article
http://www.bloomberg.com/news/2013-02-27/ethanol-rin-values-jump-to-record-53-cents-blue-ocean-says.html