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OfficeMax Incorporated Message Board

sidibid1 21 posts  |  Last Activity: Apr 13, 2016 1:16 PM Member since: Jun 13, 2007
  • With 500 mgpy capacity vs 40 million shares just 3 cent/gallon profit makes PEIX $15 million/yr or with a PE of 15 PEIX is worth about $5 1/2. With 10 cents/share PEIX is over $16/share. With $1/gal potential within 3- years, this is $12/share earnings with PEIX well over $150/share.

    It is just a matter of time before the world oil producers realize that cutting production just 3% would raise oil prices to well over $100/barrel or a 3x increase for a 0.03 reduction. A no brainer.

    No wonder so many hedge funds are buying PEIX!

    Sentiment: Strong Buy