Jim Cramer Blog

PEIX is getting hammered once again in today's weak market. The entire oil service sector is also in the red as a continuation of last weeks horror show. But, this pull-back presents another good buying opportunity. President Bush is continuing to push the opening of new ethanol plants every day and the conflict with Iran is far from resolved. This stock has tremendous potential to grow especially with the help of the government. We are picking more shares up today.