Pacific Ethanol (PEIX) Grabs Attention, Up ~20% Wednesday

December 28, 2011 3:11 PM EST
Pacific Ethanol (Nasdaq: PEIX) is making a strong move to the upside Wednesday, rising as much as 23 percent to $1.08, though shares are down to $1.05.

No specific reason behind the move, but a higher volume spike through $1 might be adding a little investor confidence.

Pacific Ethanol caught some ire when it filed a 12,581,250 Common Stock shelf on behalf of Shareholders.


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