Volume Spike Investor

Allied Irish Banks plc (NYSE: AIB) is down again on fears of a broader nationalization move as the the Irish government is expected to announce plans for another round of bank recapitalizations and details on a previously disclosed program for troubled banks.  At 8:48 AM EST we have shares down almost 9% at $3.26 on [...]

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 [...]

Pacific Ethanol, Inc. (NASDAQ: PEIX) has just seen a severe volume surge this morning.  Unfortunately, not on the good side.  It posted a loss on declining volunmes and on declining sales prices.  It is also on the verge of bankruptcy if it cannot shore up liquidity or raise financing.  FULL DETAILS at 24/7 Wall Street. [...]

We are seeing a surge in the price of VeraSun Energy, Corp. (NYSE: VSE) has just opened up 10% or higher at $7.87 after the company beat earnings expectations. The ethanol producer posted $0.16 EPS vs. $0.02 estimates and revenues were up to $1.02 Billion vs. $920M estimates. At 9:33 AM EST we have seen [...]