PEIX

[calven]

Am I reading this AH quote correctly???

http://finance.yahoo.com/q?s=PEIX


WOW! Already 20$

[calven]

Selling half my PEIX @ 17.43

[snowcat]

 PEIX -It's down, but I could not stand the idea of Bill Gates getting any richer.

I did some homework yesterday- HERE are some interesting stocks that are ethanol related.  Remamber, PEIX and YOLLF.pk have no earnings, so here are some real ones:

MGPI - remember this from the Adkins craze - they are one of the biggest alcohol distillers in the US
http://finance.yahoo.com/q?s=mgpi

STKL - Bush spoke about Switch Grass - this company works with it
http://finance.yahoo.com/q?s=stkl

IMCO - they make parts that convert engines to use ethanol.
http://finance.yahoo.com/q?s=imco

Ethanol is corrosive to engine parts.  Also, the MPG you get is less!

Maybe when Bill Gates liked the ethanol concept, people thought it was great.  As soon as President Bush said he liked it, everyone hated it.

Jimmy Carter will be talking about Gasahol again this week

[Lucas Scott]

Snowcat - thanks for doing that DD. I'll keep those three on my radar as well as ADM.  ADM was mentioned in the Fortune article where I found PEIX, but it's not as sexy as PEIX. But if it'll make me money though, that's sexy to me.

MGPI is a stock I played almost two years ago during the Adkins fad. Did pretty well on it, almost a double.

As soon as President Bush said he liked it, everyone hated it.

Typical sell the news. I didn't think that would happen in this case, but it did. Calven, nice exit on those half shares. I think PEIX will get to $20 in the next couple months and I really like the chart so I will hold.

[calven]

Will likely buy more shares should it go down another 10%

Had to take some profits after I saw a gap down...

LT - This will still go over 20$ in 2006

[Lucas Scott]

Heck of an ascending triangle on the 1-min chart with the top of the line at 17.00. It's been trading in the 16.95-16.99 range for several minutes. EDGX on the ask with "154" shares offered at $17 (154 = 15,400 shares).

[Lucas Scott]

No sooner had I hit the "post" button then those 15,400 shares got gobbled up and PEIX went over $17. I had set a stop limit order to buy if it broke $17.01 with a limit at 17.05. Filled at 17.05, sold at 17.75 about 15 minutes later. I love hitting a quick trade like that. $140 profit. That's lunch money for the rest of February!

[Lucas Scott]

PEIX back in play. Almost hit $20 today. Maybe it goes over $20 tomorrow $-) Nice breakout of the bullish pennant.

[la-onda]

updated charts 

[Lucas Scott]

Bummed I missed this move today. I set an alert for $22.50 but when it went off I passed on buying. I bought just before the close. That was kind of dumb since it was an emotional buy. If we get a "gap and go" with big volume I'll hold, otherwise will sell at the open. 

[fill_the_gap]

Wow!

I started this thread end of November.  Did a quick trade, took it off the radar and missed the big move.

Congratulations to those that stuck with PEIX.  For some of you, a double from the $ 12's.

RealDeals21, thank you for bringing it back to my attention.

-FTG-

[snowcat]

here are some other ethanol related stox

Archer Daniels Midland ADM produces over 1 billion gallons and are expanding another 50% Operating plants at Decatur and Peoria, Illinois, Cedar Rapids, Iowa, and Walhalla, North Dakota

Abengoa S.A. ES:ABG can only be purchased in the Spain stock market. They have ethanol plants in the Midwest US that produce over 150 million gallons and are expanding another 135 million gallons per year to bring it to almost 200 million gallons per year. Colwich KS, York NE and Portales NM, (& Ravena NE under construction
http://www.abengoabioenergy.com/

Pacifc Ethanol PEIX will be opening one plant this year producing 35 million gallons per year of ethanol Madera, California and looking to build another 5 plants that could exceed Abengoa's expanded total in a couple of years

Xethanol XTHN has two plants operating in Iowa and are the lead in Cellulosic Ethanol producing about 20 million gallons per annum and expanding. They are also looking to expand into Georgia and build some major plants.

MGP Ingredients MGPI http://www.mgpingredients.com/
Atchison, Kansas and Pekin, Illinois. (Formerly: Midwest Grain Products)

The Andersons Clymers Ethanol LLC. ANDE
http://news.moneycentral.msn.com/tic...mbo l=US:ANDE

Green Plains Renewable Energy, Inc. (Nasdaq: GPRE) organized to construct and operate a 50 million gallon, dry mill, fuel grade ethanol plant.


I would recommend keeping an eye on these ethanol producers that may intend to have an IPO in the near future. I personally have emailed every producer that is not either publicly traded, or not traded in the major markets to find out about IPO's. Most if not all will tell you no, but for every company it is an option. Especially when it comes to raising capital for expansion.

Other than that, the following companies are more than promising but over due time and go long with these. These are in the mix with ethanol producers.

GSHF and VRDM

Stocks to keep your eyes on

CLME Colusa Biomass Switchgrass to ethanol

GSPI Green Star Products Owns two ethanol plants but I am pressing the company for info about these plants to see if they have any plans for them.

IESV Intrepid may, upon getting investors to join in, produce ethanol out of Idaho. But again, they need capital.

XLPI with the ethanol adapter and lube for E85. This stock will become big due to areas that are big into E85. This is a go long stock.

Green Energy Corp.'s (GEYC.PK) patented gasification technology converts biomass to a synthetic gas that can be burned to generate electricity, reformed to produce ethanol or used to feed solid oxide fuel cell. Biomass can be defined as material that is derived from living or recently living plant or animal organisms. "Since biomass is available in ever-growing quantities and often creates a disposal problem, it represents a source of energy that offers an economic advantage over fossil fuels that have to be produced and paid for," said R.A. (Dutch) Hildebrand, chief engineer of Green Energy Corp.

Some more on the same:

Biogas/Ethanol Stocks

Dyadic International, Inc. (AMEX: DIL) engages in the development and distribution of specialty enzymes and related products for sale to the textile, food and feed, starch, pulp and paper, and other industries in the United States of America, Hong Kong, Poland, and the Netherlands. The company focuses on functional proteomics through the discovery, development, and manufacturing of novel products, including enzymes and proteins, derived from the genes of complex living organisms. Using its proprietary platform technologies for gene discovery and gene expression, Dyadic develops additional biological products, such as proteins, enzymes, polypeptides, and small molecules for use by itself and for applications in large segments of the agricultural, industrial, chemical, and pharmaceutical industries. Dyadic International is based in Jupiter, Florida.

Environmental Power Corporation (OTCBB: POWR) Resource management and energy production technologies . Its wholly-owned subsidiary, Microgy Cogeneration Systems, Inc., owns a license to a proprietary technology to convert manure and food industry wastes into biogas, providing a waste management solution with the potential to pay for itself by producing renewable energy and other residual products valuable to farmers and growers.

Green Plains Renewable Energy, Inc. (Nasdaq: GPRE) organized to construct and operate a 50 million gallon, dry mill, fuel grade ethanol plant.

Intrepid Technology and Resources, Inc. ITR (OTCBB: IESV) technology application innovator of biogas, bio-diesel and ethanol products and services designed to assist in worldwide energy independence and reduce pollution; thus manufacturing "green energy" from renewable agriculture feedstock and industrial and agriculture waste materials.

MGP Ingredients, Inc. (NASDAQ: MGPI) produces certain ingredients and distillery products. Its ingredients consists of specialty ingredients, including specialty wheat starches and proteins; commodity ingredients, including commodity wheat starches and vital wheat gluten; and mill feeds. MGPI�s Terratek� line of starch- and protein-based polymbers has been developed to address the need for eco-friendly, biobased goods provides an excellent alternative to petroleum-based polymers.

Pacific Ethanol, Inc. (NASDAQ: PEIX) markets ethanol in the western United States. Through third-party service providers, it provides transportation, storage, and delivery of ethanol. The company sells ethanol primarily into California, Nevada, Arizona, and Oregon, as well as has customer relationships throughout the western United States, and supplier relationships throughout the western and midwestern United States.

Praxair Inc (PX) is an industrial gases company with operations in North and South America, Asia and southern Europe. The primary products for its industrial gases business are atmospheric gases (oxygen, nitrogen, argon and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases and acetylene). The Company also designs, engineers and builds equipment that produces industrial gases for internal use and external sale. Praxair's surface technology segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Praxair serves approximately 25 industries as diverse as healthcare, petroleum refining, computer-chip manufacture, beverage carbonation, fiber-optics, steel-making, aerospace, chemicals and water treatment.

Rentech, Inc. (RTK) Developer and owner of a proprietary and patented gas-to-liquids (GTL) process that converts carbon-bearing gases, liquids and solids into liquid hydrocarbon products. The products include clean burning diesel fuel, naphthas and specialty products such as waxes, petrochemical feedstocks, fuel cell feedstocks and synthetic lubricant base stock.
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[Lucas Scott]

Thanks for the Ethanol list Snowy. The OTC and pink sheet stocks are ones to keep an eye because if Ethanol plays get crazy in the next year or two (they've been hot but not bird-flu like crazy), those stocks will get lots of pump action. I've bookmarked this page so I won't lose your list!

[snowcat]

GPRE UP 16%

http://stockcharts.com/h-sc/ui?c=gpre,uu[r,a]daclyyay[dc][pb5!b10!b20!b50!d20,2!d10,1.9!h.02,.20!f][vc60][iut!lb14!ld20!ll14!la12,26,9!lm10!lj[$spx]]

3 employees.  do they get healthcare benefits?

They get all the grain al-ki-hol they can drink.

All an efficient ethanol plant needs is 3 people.  One to make the doody, one to shovel it into the machine, and one to open the spigot and get the ethanol.  (they have to hire someone else if they plan on selling it and making money).

Gates and Branson need one more partner, maybe Trump.

Like with the bird flu, the rising tide lifts all boats.....

Someone must have thought ERS makes ethanol +3!!

Check out Snowcat's Hot Stocks thread for a great article on XTHN - up 16% today - they can convert all organic waste (garbage and doody and paper pulp and orange peels) into ethanol!  No shit!

[Lucas Scott]

hey Snowcat - the momo players from the bird flu plays seem to be migrating to ethanol. I'm in GSHF, which I like because it holds stakes in the other little greenies like VRDM and INSQ. So GSHF should be a good proxy whenever those li'l fellas makes a move. A nice run seems to be underway that could continue for a few months. Wait till the dumb money gets here - the people who were buying GNBT at $5 or STTK up near $2. When they arrive (late as usual) we should see some crazy spurts.

I'm thinking of getting some ADM. It's probably the most legitimate play. At $36 it's not going to get the attention of the ethanol chasers, which means its more ripe for a solid and steady increase in pps. It's the type of stock that will goes to the 50's and you wonder "when did that happen" because it's so slow and steady.