GAS: PEIX

+ Me @ NASDAQ

PEIX Pacific Ethanol is on a tear. I picked this stock (toot toot) back in January for my X_mas stock list . Use the search this blog button in the top tool bar to find other stocks or industries I have mentioned.

I saw a Playgirl announce on CNBC that PEIX was doing well....and 3 days later...BOOM!

It has a small market cap ($800M), but revunues are $555,000 (possibly more but they have not filed their annual report on time, and no new info is available). There are 28.7M shares out so that is 2 cents a share or a P/E of $28/ .02 = 1,400

Sounds excessive. an Interesting note is that this is a new company name. PEIX was:
SEC

SIC: 2860 - Industrial Organic Chemicals
State location: CA | State of Inc.: DE |
formerly: ACCESSITY CORP (filings through 2005-03-24)
formerly: DRIVERSSHIELD COM CORP (filings through 2003-06-27)
formerly: FIRST PRIORITY GROUP INC (filings through 2000-09-01)

Bill Gates also hold IDA in his portfolio, which I have mentioned because the have an interest in fuel cell power.

ME In NY NASDAQ Opening and MOMA

(Jackson Pollock painting)