Bought PEIX today @ 16.00

By | January 25, 2007

PEIX has been dropping since Tuesday when Bush’s speech took place. Apparently, Bush’s push for ethanol was not enough to convince investors. I had set a limit for 1000 shares at $16 in the morning and the order filled before the market closed. Unfortunately, the odds are against me. From the trends in the graph and with the lack of confidence in ethanol productivity it looks like the stock may drop to $15 or lower.

Bush Talks Up Ethanol, Health Sectors

One thought on “Bought PEIX today @ 16.00

  1. Pingback: Sold PEIX today @ 16.50 » Growing Money » Path to Financial Success.

Leave a Reply

Your email address will not be published. Required fields are marked *