Does anyone invest in Pacific Ethanol?

Question

Some tell me early investors will make big bucks but i dunno. is this a possible long termer, and when should i sell

Answer 1

They are losing income every quarter. They are not even making money. I make my living as a day trader and doing other things on the internet so I'm not an expert on holding long term, but all I can say is that this company looks horrible and I think they are just going to keep going down no matter how popular ethanol becomes. They are doing something wrong, wether it's management or supplies or whatever it is. I took one quick look at them and haven't seen a stock this bad in a while. They don't even have a p/e available so that should tell you something. Plus their at almost twice their average volume so from a day traders perspective, not too good. But from a long term perspective, hard to say because ethanol will definately increase in value, but this company doesn't look like they know what they are doing. I never buy stocks that are less than $8.00 a share. I've held Terra Industries for a while and they are in the same type of industry and they are doing great still so it may just be that pacific ethanol has too much competition that are dominating right now.

Answer 2

you might make big bucks selling short.  They are on the verge of bankrupcy.

Answer 3

Get out of this stock and stay out of this stock!!!!