Can you imagine where this stock would be if ALASKA placed a huge fuel order contract.
You could wake up to this stock in the 5's.
Clearly a great trade as I finished selling into $1.70's, but no way is this company an investment. Reminds me of another company MNGA that's "NEVER" been profitable and why we shorted the last run into the mid 2's.
Where's the performance pay here required of insiders. Far to often insiders are overpaid and under perform. I say until they figure out a way to reward shareholders with share value, reduce their crazy salaries.
That said, lets see if the CEO actually updates us with Alaska deal. Alaska talks about 2020 plan, but why not scaled fuel into a few more jets and have it large enough to calculate real savings.
At least the company is done spending MILLIONS on litigation and can put those resources where really needed.
the potential of Alaska likely deciding to slowly scale in our fuel for a number of planes....OMG you are going to wish you still had shares here.
ALASKA AIRLINES is front and center on bettering it's company and it's impact on our environment. You rock Alaska.
Well they have until end of AH's to get back to $1.00 compliance day 1 of 10.
Wouldn't that be awesome. It's possible that insiders are really trying to keep in compliance and a close at, or above $1.00 today would be a good start, but that leaves 9 more days.
6 more minutes to close $1.00 plus.
the stock, but it needs to close above $1.00 for 10 consecutive days. I thought the whole repeat of Alaska deal was to help move the stock higher. Well it did, but it's gotta stay above $1 = 10 days, or another reverse split is coming.
At $1.06 to $1.14 for the last few millions of shares, this MIGHT see a higher days high in AH's, but don't count on it......The news is out. In fact came out originally in early January. So today's news was nothing more than a repeat ....
Unless insiders have something else up their sleeves, this stock goes well back into the pennies.
Have we seen the high here in the 1.90's this morning? Will this stock take out $1.00 again and keep falling back to where it all started?
One things for sure, I just don't understand why so much volume.
If it looks bad, smells bad, usually bad. No wonder GEVO's being investigated.
Now if the stock holds above what appears to be manipulated highs perhaps to dray attention away from SEC
BOTTOM LINE.......if this drops like a rock today......the lawyers will be all over......VOL 42M yesterday and now today at 106M, there's gotta be something I'm missing here.
Alaska, I don't see how this run continues. That said, it's still holding a buck, but breached same to .95 cents. If there's more meat on the bone here than I'm aware of fine, but so far I don't see it. Perhaps a compliance issue and needed the stock above a buck again? So far, it's sure holding same and will need to into the close.
Relax, it's only MONEY lol.
OH so you think I made an INVESTMENT in GEVO? LMAO!!!
FYI, I made a TRADE in GEVO. Sure I noted the Alaska Airline drop in the bucket $250,000, but I assure you, I didn't buy 100K shares based on that headline. I bought into the momo players.
I hope that didn't fly right over your head.
ps. Hell after selling remaining shares in PRE, I bought a position on the sell off at $1.03 and sold at $1.33.....I got mine....So hows MNGA working for ya lol.
Get a life...
With this kind of volume, there's clearly something going on here with the company with the news already in as of yesterday and I'm not talking about Alaska Airlines $250,000 bone albeit a start.
No there's clearly something more going on here and imho, there's going to be further upside catalysts very soon.
BOTTOM LINE: You just don't see this much upside volume in a stock that just got $250,000 from Alaska Airlines.
Did you note how many times this ran down to $1.00 range this morning, but never breached same. Already 50M shares traded here between PRE and less than first hour of trading. WOWZA!!!