Pacific Ethanol Inc  (PEIX) Trade Now »     Rate PEIX  -  Discuss PEIX  -  Add to Watch List        

Pacific Ethanol, Inc. produces and sells ethanol and its co-products in the western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, and Idaho. It also provides transportation, storage, and delivery of ethanol through third-party service providers. Its co-products include wet distillers grains. The Company sells ethanol to gasoline refining and distribution companies, and wet distillers grains to dairy operators and animal feed distributors. Pacific Ethanol was founded in 2003 and is headquartered in Sacramento, California.

Alternate fuels, mainly Bio-based, especially those derived from Corn, are poised for a huge bull-run.  The reasons could range from enviro-concerns to patriotism, or simply the common-sense of renewable resources.

PEIX is a safe bet, coz they R known to have a stake in actual cornfields, so even if the price of corn goes up/down PEIX still wins.

Ethanol is the industry of tomorrow... Get in and catch the wave or be left out in the cold.

Six of the biggest publicly traded U.S. ethanol producers have lost more than $8.7bn (£5bn) in market value since the peak of the boom in mid-2006 and the beginning of this month, according to the Financial Times. The newspaper focuses on Aventine Energy (AVR), VeraSun (VSE) and Pacific Ethanol (PEIX), where one of Bill Gates' private investment firms lost millions in 2005.

All of these stocks have seen considerable short covering three to four months. The percentage of AVR's Market Cap out on loan to short investors has decreased from 19% in July, down to 6% now. VeraSun has decreased from

Stating that the ethanol business is a challenge is an understatement! But could it be that a cross-over operating point is at hand at Pacific Ethanol (PEIX)?

3Q Operating profile:

Good news for ethanol producers like ADM (ADM), Verasun (VSE) and Pacifc Ethanol (PEIX).

The U.S. Department of Agriculture forecast that farmers will harvest 12.3 billion bushels of corn, up more than 570 million bushels from last month's estimate of 11.7 billion. That's down 6% from last year's record crop of 13.1 billion bushels, but 17% above the 2006 harvest.