Heavy Insider selling continues at Pacific Ethanol

Heavy insider selling continues at Pacific Ethanol, Inc (NASDAQ: PEIX) with more than 2 million shares sold in the three day period April 18th – 20th. In that three day period about 2,593,391 shares were sold at an average price of $31.34.
Neil Kohler, President and CEO of Pacific Ethanol, sold 633,391 shares at an average price of $31.03 on April 18th and 19th.
Check out the month of April in the graph below (Courtesy of NetSteering.com):

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