DALLAS, July 1, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Pacific Ethanol Inc. (Nasdaq:PEIX). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
Our trade alerts and ideas are provided free to investors. Simply use your email address to subscribe with http://www.microstockprofit.com to get the inside track on our next red-hot alert.
The full report is available at: http://www.microstockprofit.com/lp/PEIX
PEIX is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Pacific Ethanol Inc. (PEIX) is a leading marketer and producer of low carbon renewable fuels in the western United States. It produces and sells ethanol and its co-products, including wet distillers grain (WDG) and provides transportation, storage and delivery of ethanol through third-party service providers in the western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington. PEIX's customers are integrated oil companies and gasoline marketers who blend ethanol into gasoline. It supplies ethanol to its customers either from its own ethanol production facilities located within the regions it serves, or with ethanol procured in bulk from other producers. In addition, the Company owns a 42% interest in Front Range Energy LLC, which owns a facility located in Windsor, Colorado, with annual production capacity of up to 50 million gallons.
Message Board Search for PEIX: http://www.boardcentral.com/boards/PEIX
In the report, the analyst notes:
"The Company recently announced that Pacific Ethanol Holding Co. LLC (PEH) and its four wholly owned ethanol production facility subsidiaries have emerged from bankruptcy. PEIX achieved a significant milestone in its restructuring effort early this month after confirming a plan of reorganization, which would provide new liquidity and low debt levels for the Company.
"With that plan taking into effect, the Plant Subsidiaries, which are now owned by a newly formed holding company (New PEHC), will continue to be staffed, managed and operated by PEIX under a fee and profit-sharing arrangement negotiated with the owners of New PEHC ... PEIX has eliminated approximately $290 million in debt and other liabilities from its balance sheet, and has a 90-day exclusive option to buy a 25% equity interest in New PEHC for up to $30 million in cash."
To read the entire report visit: http://www.microstockprofit.com/lp/PEIX
See what investors are saying about PEIX at penny stock forum
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.