Tuesday, October 2, 2007

PEIX- Pacific Ethanol- Do you think ethanol stocks are bottoming?

PEIX- Pacific Ethanol- Do you think ethanol stocks are bottoming?

Unusally high volume over the previous few days. PEIX stock also had a nice jump a few days ago and is now trading back to 9$.
IMO this makes a good trade for traders with a stoploss at the recent Low price.

Investors can also add this stock on their radar.
Keep an eye on PEIX- Pacific Ethanol stock as a potential reversal candidate around current 8-9 dollars stock price.


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