Alternative Energy's Biggest Losers
Another player in the sector is Pacific Ethanol (NASDAQ: PEIX), which garnered much attention in recent years as Bill Gates was once a massive stakeholder. He's been a seller but he probably wishes he would have unloaded it all long ago. Its recent earnings didn't add any love and shares are down close to $2.00 with a 52-week range of $1.45 to $12.80. In 2006 this was trading over $30.00, so it is a serial disappointment.
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