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Clean Energy Fuels Corp. Message Board

  • pickemaneatum pickemaneatum Apr 24, 2013 10:15 PM Flag

    Up 7 1/2 percent today!

    I just can't figure out why. I'm considering taking a long position here, but heck if I understand what moved this thing today. Thanks!

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    • Best guess is, it's Cramer with a little short squeeze thrown in. Be sure to read the transcript of the 4Q/2012 conference call.

    • The reason it went up is "The Mouth" [Crammer] gave it his blessing

      The truth is company's biz model all wrong. It's objective is NOT to make money! ! !
      Except, of course,for Littledick & execs who are robbing stockholders. blind!
      AND if you look at BV stock is worth about $5. The best thng this company has
      going for it is COLOSSAL tax loss carryforwards.

      This stock lives on hype. And hype alone

    • Hope you didn't get caught in the rigged stunt. Good luck.

      • 2 Replies to teach_162
      • Teach just give up
        They care nothing of the fundamentals
        It will be out of money this yearWe will be required to raise debt or equity capital to fund the growth of our business. At December 31, 2012, we had total cash and cash equivalents of $108.5 million, short-term investments of $38.2million and $13.2 million in restricted cash for capital use. Our business plan for 2013 calls for approximately $186.2 million in capital expenditures. We may also require capital for unanticipated expenses, mergers and acquisitions and strategic investments. In addition, we have committed to significant future payments that we will be required to make in connection with our acquisitions of IMW and Northstar. At December 31, 2012, our future payments for IMW and Northstar totaled $25.1 million and $4.1 million, respectively. Our IMW future payment obligations are in the form of promissory notes, and such notes are secured by IMW's assets. As a result, if we do not make scheduled IMW future payments, the party to whom such payments are due may be entitled to accelerate the maturity of the notes and exercise other remedies available to a secured creditor. We are also obligated to pay up to $40.0 million as additional consideration related to our IMW acquisition if IMW meets certain performance measurements.

      • Still on the sidelines here. Thanks!

2.50+0.19(+8.23%)Feb 12 4:00 PMEST