I see the D6 RINs...the ethanol rins that gets added to the price of what PEIX sells...has dropped almost 20% to about 41 cents. Not sure what drove it down....or up in the first place. Weird market. I see corn now trading all months over $5....not sure what the Ukraine situation has to do with corn, but its referenced. And finally, ethanol prices have come way down. I wonder how far out are the big investors looking with this stock? Its a tough one. Sitting on sidelines watching. Best of luck to you guys.....lots of volatility.
amazing how you know that. You must be very wealthy....to be able to pick a bottom in any stock. What are you doing on this message board looking like a doosh?
never seen such #$%$ anywhere else like here. Pure #$%$. Nothing about #$%$ndamentals or any reason for the stock price to be here. Predictions of both a short squeeze and a market collapse. Please. You people need to get over yourselves. Just shut up. Just shut the #$%$*k up!!!
uhhhhh....no its not. This is the classic pump and dump strategy MMs have used for almost 2 years now.....and almost 140 bucks per share. If one could just predict when they do these...there is good money to be made trading it. So it gets pummelled either tomorrow or day after. We shall see. Looking for patterns.
thank god wlt did not go out and 2.6 billion with all debt right at those 2012 peaks....eh? that would be disastrous. How would they pay back the interest? continually refi? Yeah....right. How long will that last? Once that music stops....oh wait...its not upper management that loses...its the debt holders and common stock holders. I do not like this system. You need management with a big stake. Otherwise, their priorities is to just make deals.
you two guys make lots of sense....but you are not peix management. What do you think they will do...given their track record? Guess we shall see. Sell those shares right before the whole market tanked....well...that was pretty friggin smart.
you are such a doosh....and I am not even a short. You realize how much this has dropped recently, right? Save the short slamming for a big up day when they are covering. the trend is your friend...and right now the trend has reversed after a very big run from $3 to $18. That's 600%. Profit taking, shorts, whatever.
interesting. On the flip side...good to think about if you are a stockholder...is the big oil boys are trying to put in either rail or pipeline to the west coast to ship oil from US and Canada....to asia. that of course hurts NAT and any shipping company, but with issues....and I can tell you that they will never get approval around Puget sound....that it may come to shipping out of the Gulf and going through the Panama Canal. That would be good for shipping. So maybe a good buy long term.....but when to jump in and test the waters?
pretty good biff. I agree with you on that one. In fact, that is exactly what I did. Sitting and waiting to buy back in. Now a buck to the good from where I sold. Have any idea how low she goes short term? I have no idea myself....just watching and reacting.
.....and I say regi closes at $11.96 today. Just in the mood for making predictions.
you got that right soybean rice dude. You forgot barley and oats. Wait...this is an ethanol company, you should be using corn as a handle. With a name like that you should be over at the biodiesel boards or inbev....they use 40% rice in making bud.
hey obboi...what you doin over here at my favorite REIT? Great place to park some cash and watch the action over on Nasdaq?, eh?? I moved some money back over here couple of weeks ago....wish I moved it all. Up over 10% already..without even collecting one of those nice big fat divvys. Oh well. No point in being greedy. The way things are going right now...this could run into mid teens again. We shall see.
chart looks like a pyramid. first up fast, then down fast...and still falling. When does she stop. Now down a full dollar from $15.27 to $14.27. That is a huge percentage selloff. 6% selloff in a couple of hours? Things out in the market do not change that quick...even in the ethanol world. So its either going to rally soon....or?????? Just sitting and watching from the sidelines.
There is also a CAT 4 headed for Australia right now. Very interesting weather. Wait....your not suggesting that....whaaahahahahaha.....oh lordy (wiping away tears). Good one kcmalibu......took me a second to get your sense of humor. LOL. thanks for that. Whew!
momon....there has been a lot of calculating lately here on this board on cash burn....and no one...not even me, who is very skeptical on wlt making it long term with their high debt load.....thinks they will be bankrupt by end of year. Please show us some math that leads you to this conclusion. Thanks in advance.
you guys, along with cnbc, are making me dizzy. Buying opportunity, selling opportunity, too pricey multiples, world is changing, world not changing, market top, market bottom, Russia, found the plane, did not find the plane. Buy...sell.... Good lord, the real winner here are the brokers and tax people trying to figure out your taxes. And speaking of that....how do you guys like the new cap gains for 2013? Ouch. No more selling stock held less than a year....unless you are poor in the bottom 2 brackets. #$%$*k the govt.
I already did Luke. But do not worry, I will buy them back from you around $10. Don't worry about the math....you can get a good tax write-off.
A big dividend paying stock in a commodity that the price is rising in. chkr has its problems....but so apparently do all those high flyers out there. Nasdaq down 108? Nat Gas up about 7 cents to $4.65. Going to be a good run into ex-divvy date.... I still think very close to $12.
so? Free country. Let him post what he wants. And you posted....what? "Peix is making record earnings". Really? Can you back that up ray? I see ethanol down over a dollar per gallon last few weeks. I see corn up almost a buck the last few months. Where do you get your info. that Peix IS making record earnings? Did you mean that in the 1st quarter they were making record earnings? Because that is true....but not now. We are 10 days into the second quarter and margins have been whacked. Anyone can see the ethanol and corn pricing data. But hey....it might change again in favor of peix.......