Pacific Ethanol Trending Higher (PEIX)

Posted in pre-market 
January 25th, 2010

Pacific Ethanol, Inc. (NASDAQ: PEIX) is trading higher this morning after continued news on Friday calling for improving conditions for ethanol producers.  At 8:34 AM EST we have shares up 7% at $2.17 on almost 27,000 shares.  The 52-week trading range is $0.20 to $2.75 and average volume is 3.6 million shares.

Ethanol stocks have tended to move with sentiment and with trading momentum rather than on any new fresh or breaking news.

JON C. OGG

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