Wednesday, May 17, 2006

Short Sale Canidates ERS & PEIX

PEIX & ERS are both great short sale opportunities.

PEIX insiders have dumped shares and technically the stock is a trainwreck. The insider selling is of huge concern b/c if this is going to be the next wave of the future why sell so early??? PEIX will be trading in the teens this summer.

ERS- Check out the balance sheet. Enough said. Stock is worth 10.00 at best

PEIX currently trades at 34.01
ERS currently trades at 24.40