$5 target - where it was BEFORE synthetic approval and great earnings!
Long and strong. Anything less than new all-time highs is too low. Markets reward realization. RTK has finally realized its synthetic fuel and has turned quite profitable in its other businesses. Higher guidance as well. Overall market value of $200 is WAY TOO CHEAP.
Maybe. But I think as this gets pricier it will start to trade inverse to oil. Last summer I had a few battery tech plays and they where very sensitive to the price of oil, in an inverse way. IMHO opinion for this to get real legs after this run we need to so oil go higher. That interview that is floating around has the CEO saying they need it around 65/bbl for profit (if I remember correct)...
I'm not sure where you got the target number from, but I don't see it as unreasonable now that we have more clarity on product/earnings/guidance. I can see the stock go beyond the $5 price from a long-term perspective (assuming it doesn't get bought out - especially from one of its partners, a small coal company :) )