i saw the website and I know the mistake you made.
I just don't care to point them all out.
And your' find' was 2 days ago not one, and it had nothing to do with sidoti. the 4.00 eps you quoted we know for a fact has nothing to do with the actual Sidoti target adjustment. Its not an upgrade. They were, and are, a 'buy'
thanks for pointing that out. I see 4/eps both years. 12 p/e = 48pps . And that doesn't allow for all the cash on the balance sheet. 75mm next quarter. add 25mm per quarter or so. their cash flow is greater than reported EPS due to 'depreciation' (even though assets are appreciating big time in reality.) so really a 12 p/e would be more loke 48$ if you add the cash to the valuation. boom.
the stock did 5mm shares the last 3 days. now juxtapose that fact with your flawed thesis.
your thesis assumes that the order on Friday was an anomaly and that no new orders are being worked or will be worked next week.
Sidoti just raised 2015 by 20%. a 12 p/e as 'bergy' pointed out is a 12 p/e if the target is 32.
with the earnings momo, you will now see the price rise by 20%+ as the stock was on the move before that new batch of estimates came out.
So look for 10mm shares and 2-5$ gain next week.
no you did not. in fact the 4.00 est for 2014 you quoted from BW estimates was not Sidoti and if you looked at the quarterly #'s on BW they do not add up to the yearly numbers. never rely on free sights that have limited street cred.
You had made the claim that sidoti raised to 4.00, now this new info proves you are wrong because their real est is about 3.50.
But nice try girl
the street is not a bona fide analyst. but it helps attract attrention
the market makers get the orders from the institutions, p/m's etc. when they are a BIG order.
The MM's buy the shares (thus all these spikes on volume) and the transfer occurs right at the close or just after. This is how the real world works on Wall Street. This is one of the ways the MM's make bank. The institutions are okay with the MM's buying lower and selling higher because remember it is not their money they are investing typically.
I know this for a fact.
she actually lowered this Q to .57 from .66. That number is a set up for another hyuge beat.
Margins grew by over 5 cents on Friday alone and the ethanol contracts have totally broken out(about a day behind pixie on the breakout timeline) Margins are already over 90 cents and of course she is lowballing everything(her ridiculous 3.13 est for Q1 notwithstanding).
the big thing and im sure its the driver for her target price is the 20% upward revision to 2015 estimates.
And we will destroy it even after she raises it a few more times.
Cali up 4 cents Friday alone. up 20 cents over the last few weeks while corn is drifting into the abyss.
What a tale of two cities.
Whew, Im rather certain her institutional clients got the word at about 330 yesterday :)
you are delusional. There is anything bur a PL story here.
dilution coming then reverse split. then repeat. then subpenny.
these idiots deserve it though
i tried to warn them of yates past 15 months ago at 1.35.
the smart ones ran for the hills. Anyone long is a total moron.
it will overshoot,,, just at it did to 2.33, it will to the upside.
2.33 did not make sense logically. Margins had gotten better way before then.
Anyway, current val. is about 30-35/sh
This is a rising margin environment, and future vals are predicated on discounted cash flow which is 99% related to margins.
As long as margins are going up as they have now for 9 straight weeks basically, it skews the probability of huge earning beats and higher p/e's. Don't fight the trend. This is nowhere near a viable short.
That is just ludicrous.
sorry mr 12.50$ target to sell.
how quickly they forget.
I manage it, but I will advise to move off of 24.75 as I already detailed.
Thanks for wastineveryones time revisiting my strategy :)
24.75 is just a few trading hours away.
I expect violent moves aplenty.
cost of production of 1.30 currently
We are truly blessed, in a stock kinda way
5mm last 3 days.
This will be a long weekend lol. Now that we have left the channel, the next 10 dollars or so will come very quickly. This is really fantastically kewl and stuff.
and yes we're up all morning while corn is down 2/3 of a % or 2.2 cents
have put the ethanol chart into 'blast-off' mode.
incredible for bulls, not so good for our frenemies
the market knows they need to be adjusted way way up.
Market discounts Sidoti numbers as amateur hour.
her record is pitiful as I have detailed.
all that matters is that margins are at 9 week highs and Q3 looks like a big sequential improvement over .77 eps
less interest, more madera and great margins. the stock will have a huge move once it clears the channel.
the higher it is before that happens, the higher the spike when it finally occurs.
shorts are suffering.
Stay thirsty my friend.