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Michael Bryant
Around $1.05 is support for Pacific Ethanol (
PEIX
). Watch if it falls below that point on heavy volume.
http://yhoo.it/u3wbom
=
12/13/11
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Hillbilly Stock Star
:
Doubt you see 15% blend in
USA
before 2013, ethanol exports cheap on world markets, circus lemonade, no position.
12/13/11
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Michael Bryant
:
So are you bullish or bearish?
12/14/11
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John Gowen
:
It's bouncing between that and around 1.60...I can't see it falling below 1.05, should come back up this week.
12/14/11
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Hillbilly Stock Star
:
Avoid for now imo.
12/14/11
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Chicama
:
Bounced off the 50
SMA
. Heading up from here. Leak that margins are improving. Good news will break to the public within 2 weeks
12/15/11
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John Gowen
:
Good. It went down more than I thought it would.
12/15/11
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Michael Bryant
:
It's fear trade. Stay focused on business not the politics of whether it will get subsidies.
12/15/11
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