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Originally Posted by youngstockguru
The pacific ethanol plant is approximately 2 miles from my parent's house. If you want more info about PEIX, let me know...I am just not very bullish on ethanol at this...
I think peix is looking good for longterm. They have a awesome management team and I also live in the town the company is based out of. I still drive by the office just to make sure they didn't skip out on us.
Frank
I really like this news. I think this deal could be better than the Gates is when it is completed. These investors are getting 138million dollars worth of shares at $26.38. Gates shares were purchased at under $10 a share was valued...
FRESNO, Calif., May 26, 2006 /PRNewswire-FirstCall via COMTEX/ -- Pacific Ethanol, Inc. (PEIX), today announced that it has entered into a definitive purchase agreement with a group of institutional investors to sell 5,496,583 shares of...