PE of 15 means $6/share or about $200 million in additional earnings. Spread over 800 million gallons capacity, this is 25 cents per gallon more. Seems highly likely.
Sentiment: Strong Buy
An extra 10 cents per gallon equals $2/share. PEIX could earn $2 to $20/share per year more in the next decade.
This should be a $10 stock but has been the victim of a bear attack. After earnings it will be a $15 stock easy.
There are no subsidies on ethanol and haven't been since 2011.
He offered for management to come on the show. They should quickly accept to correct this mistatement.
Fuel oxygenation is still needed and ethanol is the only choice.
So PEIX is selling for a PE of 3.5???
What is Yahoo doing? Changing from 1 year to 5 year stock chart, the sma's change siginificantly.
Now the squeeze begins.
Can someone provide insight on the 1/2 billion in deferred debt that keeps growing? What is this?