Check this stock out. Will post link to it next post:Pacific...

Check this stock out. Will post link to it next post:

Pacific Ethanol (PEIX, news, msgs) is the biggest pure play on ethanol production. The company currently markets ethanol in several western states including California, Nevada, Arizona and Oregon. But it hopes to have five ethanol plants running in the region by the end of 2008. Its first plant, under construction in Madera County, Calif., should be on line by the end of this year.

"Pacific Ethanol is positioned to achieve substantial growth starting in late 2006," says Dutton Associates analyst Paul Resnik. "We believe that the company can turn profitable in 2007 and generate significant earnings in 2008 and beyond." Resnik thinks Pacific Ethanol will make $1.21 cents a share in 2008.