Finally, management of this company does something that makes sense. If this contributes to LONG TERM profitability, this stock is going much higher. I might actually pledge to hold this thing, in the past I have only traded it.
PEIX is certainly undervalued, if it can continue with a few more profitable quarters, I expect to see 6 bucks next year. In the past, I have strictly been a trader in this stock, having the patience to buy and hold is difficult. Simply too many unexpected bombshelling of investors by the management in the past.
As for GERS, oh man, do you know that they have reverse split and then lost over 99% of their value each time, on so many ocasions I have lost count? The company is obviously fraudulent, but if you have a 10 dollar bill laying around, go ahead and buy 25,000 shares. I will pass on that one, my friend.