Pacific Ethanol Bottoms
Pacific Ethanol (PEIX), a stock we have been recommending while it has been in the low 20s down from its 52 week high around 45, seems to have some renewed vigor. It has been rallying this week and ended up big today. It closed up 1.26 and in the after market has rose between 1.35-1.40. The volume is over 4 million. Expect this stock to continue rising. However, this stock is extremely volatile, so we recommend not putting all your eggs in this one basket, but we are confident in the future of this stock.
posted by Stock Administrator @ 4:04 PM
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