As suspected, the data was fantastic. But what's comical is the initial headline of PEIX misses analyst's estimates by 6 cents. This company is hilariously under-covered by analysts and they pulled out some random analyst that dart-boarded a number for PEIX (and actually got pretty close) but since it was a slight miss, they're being heavily penalized.
Right now the stock is starting to rebound as the investors are digging in and seeing the fundamentals of the company are incredibly strong. Watch today and the next week to see it break through the $19 range and hopefully into the $20's in the next month.
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