IsThisRight

Why I'm Selling Pacific Ethanol

Another 'financial engineer' who does not understand the business. The company had a construction program going for 3 years. You can look at current expense vs income. Of course the outflow of $ are more than income... If you understood the business part, you would have excluded construction expenses and make your deduction on 1- cost of good sold, and 2- SG&A and 3/ on Margin. At least your argument would be on solid ground.

Funny, ...my second comment is that you made your observation right around when they announce that they have COMPLETED their construction of 4 plants and now have reached the 220billion gallons capacity that they had as a goal for the company. Last celebration opening day on Oct 10.