Someday. It needs to regroup for another quarter to see how Q1 goes.
Unless there is a new ceo (not gonna happen apparently) 8 dollars could take 4-8 months to see again.
since kombucha(remember how margins were gonna be 40%+ and they would quickly capture 5% of the market on the way 2 20%?
Yeah, well that was missed target number 2,321 for CR.
K has sucked the life out of the company along with private label debacles. meanwhile the crown jewels are mis managed and everything is backwards versus efficiency.
A total f'in joke.
Probably will go to 4 next
ethanol went up another dollar after the conference call. ethanol is global and even more in demand than NK reckoned at the time.
Great quote by the way. thanks
its the 10k dummy. and its not a 4Q filing, its an annual report. MAybe you have been drinking while realizing its all up from here.
I think if you add up all the fractional truths in your diatribe you might get one whole truth.
Hopefully you get over your ex's in a more constructive way.
You sound borderline hysterical. Take your personalities and get help.
if you trust CR with your money and poss dilution (he seemed very open to the idea on the c/c)
then 4.66 might be a good area to try and buy.
The bottom is not in yet. any bounce should be sold.
someone posted the link this am. I saw it with my own eyes.
and that is a low ball still.
pixie will be higher % move.
Bears, sorry but the money flow is tremendous...
10x volume of 6-12 months ago at 4x the price===40x money flow of 6-12 months ago.
focus on fundamentals. It works every time.
bears are not going to like this.
Have they made any fundamental case to not own pixie at these levels?
They will not engage the enemy in a debate.
Record cash flows continue...
you left out 1.50 margins.
That is the real news!
100% will be this year
Net cash on balance sheet.
record cash flows
this pullback reminds me of that move. Those that bot in the 6's would see the 15-16 range a month later.
My guess is that those that buy in the low teens will be looking at similar gains rather soon.
Fundamentals always prevail. Eventually they will pound the table for pixie but it will be much higher by then.
the first number is the price of ethanol. Wow!
sorry, dipped to .94, not .99. The day before and after were 1.24 and 1.47 respectively.
Refiners have huge pricing power right now, irrespective of corn gyrations.
as per Iowa St CARD dept., does NOT include,
West Coast premium, net of trans.
The third to last number is margin per gallon.
In January and October margins dipped to exactly .39 after big moves, now our dip was .99
People were kvetching about how ethanol had retraced some of its enormous move of Jan-March and for that reason they were selling pixie.
Remember $1/g margins gets 200MM annual cash flow with Madera open. A 6x multiple would be very conservative.
So pick your average margin and model the time frame you are looking for and see what you get.
in a nutshell, even after a wicked 200+ point sell-off in nasd last 2 weeks the stock is higher than the pullback from before the market pullback. This is not my interpretation, it is the market results.
but all three weeks are in the price range of the FIRST down week. The stock has so far held the 13.6-13.7 area.
meanwhile you will notice that the Friday intraday chart is similar for nasdaq, gpre and yes pixie. This is apparently not a pixie specific consolidation eh.
And more telling of the stocks angst to march upward was the fact that with the nasdaq only up about 10 points, pixie hurdled up 4% to 15.27, when the nasdaq then dropped about 60 or 70 points.
Blue chip leader REX, who I did predict would go to 75 in jan on their board, has totally shrugged off the market and volume has set a new plateau as well.
Importantly, gpre will announce an earnings date this week and I will bet anyone that pixie will set one the following week, at the LATEST.
These stocks will actually get stronger in the days ahead as people prepare for record cash flows and a massively changed balance sheet.
No more hovering at 7MM cash like the last 3 years. I bet their working capaital and cash/assets have catapulted pixie into a much more conservative investment.
don't miss this model. iowa state center for ag research and development's phd's have spent decades perfecting that model, and it is really accurate in many respects.
also there is a very recent article in ethanol producer mag about the strong demand and pricing for the corn oil we get from 2 of the plants. Corn will be going down and more corn oil extractors are going in this year. There is a fabulous operating environment for at least the next year. Pixie will be flush with cash by EOY and all the plants will be procucing record yields of ethanol and byproducts.