PEIX ==> thoughts?

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    PEIX ==> thoughts?

    The Titans just bought some May 30 calls to finance our Atlantic City trip on May 13...

    What do you think?
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • Websman
    Senior Member
    • Apr 2004
    • 5545

    #2
    Originally posted by mrmarket
    The Titans just bought some May 30 calls to finance our Atlantic City trip on May 13...

    What do you think?
    The VTP indicators are positive on PEIX. You should make plenty of cash to gamble with.

    I may add some shares to my portfolio.

    Comment

    • Peter Hansen
      Banned
      • Jul 2005
      • 3968

      #3
      PEIX Reply

      The Cabot Top 10 Featured Stock is PEIX They say it is a good stock..but speculative at this point and say that even aggressive investors will want to see a pullback of a couple of points befoe jumping in! Their suggested buy range is 19-22.

      Comment

      • mrmarket
        Administrator
        • Sep 2003
        • 5971

        #4
        You can't get the ethanol out from the midwest to California economically. PEIX is the only local provider. Hold onto your hats boys.
        =============================

        I am HUGE! Bring me your finest meats and cheeses.

        - $$$MR. MARKET$$$

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5320

          #5
          Looks like you'll be having an excellent time in AC, courtesy of Bill Gates and the rest of the PEIX buyers. This is one I really wish I'd taken more time to look at...

          Comment

          • mrmarket
            Administrator
            • Sep 2003
            • 5971

            #6
            look at that little monkey go...
            =============================

            I am HUGE! Bring me your finest meats and cheeses.

            - $$$MR. MARKET$$$

            Comment

            • New-born baby
              Senior Member
              • Apr 2004
              • 6095

              #7
              Originally posted by mrmarket
              The Titans just bought some May 30 calls to finance our Atlantic City trip on May 13...

              What do you think?
              I think that you made a very nice trade
              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

              Comment

              • mrmarket
                Administrator
                • Sep 2003
                • 5971

                #8
                Originally posted by New-born baby
                I think that you made a very nice trade

                We'll see how well it multiplies in the Black Jack pit.
                =============================

                I am HUGE! Bring me your finest meats and cheeses.

                - $$$MR. MARKET$$$

                Comment

                • dmk112
                  Senior Member
                  • Nov 2004
                  • 1759

                  #9
                  Just doubled your money..not bad! I have some since the 20's but sold @ 31 and failed to get an order filled on the recent pullback. Missed it by .05!!
                  http://twitter.com/DMK112

                  Comment

                  • Websman
                    Senior Member
                    • Apr 2004
                    • 5545

                    #10
                    Originally posted by mrmarket
                    look at that little monkey go...
                    <Tick>

                    Comment

                    • New-born baby
                      Senior Member
                      • Apr 2004
                      • 6095

                      #11
                      Peix

                      So some weak holders shed their shares of PEIX for Spring, did they?
                      Well, I bought in at $29. How did I do that? I sold the $30 APR put for $1. I either keep the $1 per share, or else I am buying PEIX for $29 between now and Friday. When I make a deal like this I always figure I am buying the stock. I think this one has tremendous upside. Very bullish chart. I wonder when this stock will peak. I am thinking July . . . the point and figure says $64.50 . . . .

                      MM, Jiesen, SOMEBODY HELP ME!
                      What does the FA say that this company is worth?
                      Last edited by New-born baby; 04-18-2006, 05:54 PM.
                      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                      Comment

                      • dmk112
                        Senior Member
                        • Nov 2004
                        • 1759

                        #12
                        It has turned into a MOMO now and who know where it will go... I'm holding my 1/2 pos until I see weakness
                        http://twitter.com/DMK112

                        Comment

                        • mrmarket
                          Administrator
                          • Sep 2003
                          • 5971

                          #13
                          Originally posted by New-born baby
                          So some weak holders shed their shares of PEIX for Spring, did they?
                          Well, I bought in at $29. How did I do that? I sold the $30 APR put for $1. I either keep the $1 per share, or else I am buying PEIX for $29 between now and Friday. When I make a deal like this I always figure I am buying the stock. I think this one has tremendous upside. Very bullish chart. I wonder when this stock will peak. I am thinking July . . . the point and figure says $64.50 . . . .

                          MM, Jiesen, SOMEBODY HELP ME!
                          What does the FA say that this company is worth?
                          The sky is the limit. There is so much private capital in this business that soon they will go IPO pushing up valuations for all ethanol stocks.

                          This won't dilute PEIX since it is on an island called California. There is no way to economically get ethanol from the Midwest to Cali...

                          I'm selling in May though, so I can cash out and go to Atlantic City with Titan Omega.
                          =============================

                          I am HUGE! Bring me your finest meats and cheeses.

                          - $$$MR. MARKET$$$

                          Comment

                          • jiesen
                            Senior Member
                            • Sep 2003
                            • 5320

                            #14
                            Originally posted by New-born baby
                            So some weak holders shed their shares of PEIX for Spring, did they?
                            Well, I bought in at $29. How did I do that? I sold the $30 APR put for $1. I either keep the $1 per share, or else I am buying PEIX for $29 between now and Friday. When I make a deal like this I always figure I am buying the stock. I think this one has tremendous upside. Very bullish chart. I wonder when this stock will peak. I am thinking July . . . the point and figure says $64.50 . . . .

                            MM, Jiesen, SOMEBODY HELP ME!
                            What does the FA say that this company is worth?
                            You've got me there. I have no idea how to value this company, unfortunately. It's too bad, since it looks to be quite promising, if ethanol really takes off as an alternate fuel source. But I really have no idea about these trends, so I'm going to have to pass on this investment. $$MM says ethanol is going to be HUGE, and I tend to believe him, especially considering that he's in the energy business, and should know.

                            One thing I can say, though, is that it does indeed have tremendous upside, as long as the promise of ethanol in every other tank is delivered to CA (by PEIX). The market will be in the billions, and PEIX should easily be a 10-bagger by then. But that is a big IF. I'd rather they just build a few dozen nukes IMBY, and everyone gets a plug-in hybrid.

                            Comment

                            • mrmarket
                              Administrator
                              • Sep 2003
                              • 5971

                              #15
                              As long as the total production of ethanol is less than 10% of all clean fuel mandated gasoline consumed, then the price of ethanol will track the price of gasoline.

                              The cost to produce the ethanol is basically fixed, so the profits for ethanol will move up with the price of gasoline...

                              ummm..has anyone seen the price of gasoline lately?

                              =============================

                              I am HUGE! Bring me your finest meats and cheeses.

                              - $$$MR. MARKET$$$

                              Comment

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