Pacific Ethanol Plants Declare Bankruptcy

I don’t actually enjoy posting “I told you so” stories, especially when the news is negative. This means someone has failed, and I don’t enjoy seeing people fail. But when I put a spotlight on […]

Investing in Ethanol: A Case Study of Terrible Investment Advice

Comically Terrible Timing In June 2006 I read an article at Financial Sense that promoted ethanol as a great place to put your money:Investing in Ethanol: A “New” Stock Play on Soaring Energy Prices and […]

More Ethanol Plants Going Down

I won’t say I told you so, but I will make a prediction here: VeraSun Suspends Production at Three Distilleries Jan. 9 (Bloomberg) — VeraSun Energy Corp., the second- largest U.S. ethanol producer, has idled […]

Ethanol Series at Financial Times

Financial Times has put up a series on ethanol in their “In Depth” section: In Depth: Ethanol I haven’t had a chance to read the articles, but did speak with a Financial Times reporter and […]

PEIX Drops Below $2

Wow! I just checked a few stocks that I tend to watch, and Pacific Ethanol (PEIX) has now fallen to $1.85 a share. It is now down more than 95% off its high, and down […]

Pacific Ethanol in Trouble

Don’t say I didn’t tell you so. I warned about PEIX’s poor fundamentals a year and a half ago, and the share price has fallen steadily since then. Pacific Ethanol suffers a bigger-than-expected loss Pacific […]

Pacific Ethanol Woes Continue

I have been a critic of Pacific Ethanol’s (PEIX) business model for a long time. I criticized it a year and a half ago in an article I wrote for Financial Sense, arguing that it […]

Pacific Ethanol Continues Slide

In June 2006, I warned about Pacific Ethanol (PEIX) in response to a story suggesting that the company presented a great investment opportunity: Ethanol Investing: Counterpoint Some excerpts of what I wrote: I will make […]