I do not believe biof is in the ethanol business anymore, some have speculated on amtx
Oh come on, i can virtually guarantee there are more than two regulars on this board that have already cleared 7 figures in capital gains.....
As for my last sentence, the rex ceo has not done that. Still dont like to see insider sales. Watch the peix ceo very closely!
I dont know, the rex ceo selling is not a tremendous sign but the devils in the details. And the details show you he started selling millions of $ last year when the stock was at 30 and he has kept it up steadily up to 100. I hate to see a ceo pump their stock only to dump it all in a short time right near the top.
Earlier this year i had equal amounts of gpre, rex and peix. But based on insider sales i now have mostly peix, some gpre, i am gone from rex. May come back but have to watch margins and insider sales.
Always follow insiders once they start dumping millions of $, they know more than us , its playing the smart odds if you follow that discipline. All imho
Hes getting filthy rich and the retailers are following his lead. Once NK does same, i will exit peix also. But he hasnt ........yet.....i dont care if NK sells 500 thou$. But if he dumps millions i am out.
It really is remarkable, i normally hate momo stocks, not because their charts look good obviously, but because momo stocks just get ridiculously over extended on valuation. But when you look at peix based on this years earnings estimates or next years , this thing still has a way below average market multiple valuation.
I didnt own peix in 2012. But i did buy a boatload in 2013 at 3.5 and now its at 21. I wonder if you knew all the details if you could do the math lol
did you know qvt finacial bought their shares directly from achn , not on the open market. So most certainly they have had lengthy discussions w achn about the pipeline before (and after) they consummated the private transaction. no? and yet they just dumped enough shares that they no longer qualify as an insider. doubt it means anything tho. I still see a takeout by bmy or gilead shortly
Sentiment: Strong Buy
Nflx with a 28 billion $ market cap had 2 mill $ in insider sales in august. Achn w a 0.9 bill $ market cap had 65 mill $ in insider sales in august between ceo, ex ceo , qvt financial (who sold off so much they no longer qualify as an insider) and ra capital. Does that sound proportionate to you? Aapl w 600 mill market cap had 7 mill in insider sales. Achn 65 mill. Wow so to recap aapl has 600x the market cap as achn but had 1/10th the insider sales. So thats means relatively speaking achn had 6000x greater insider sales than aapl. Probably means nothing tho! Buy buy buy!
Oh wait, i just checked, insiders qvt financial, ra capital, ceo, and ex ceo just sold 65 mill. Now i am confused, need to check w my sources, this makes no sense lol
W most if not all of the warrants gone this stock is easy to own, just follow the margins, the demand isnt going anywhere but margins highly volatile. Let the margins guide you and they have been tremendous.
I am long this for over a year and the chart in that time is beautiful, but you have to be concerned of a double top. If they dont come up w a major new prdt (besides the IP6) this stock could go back to last yrs lows in a year or two imo. Can china carry the day w no new major product release? I dunno
I am long this from 1 (sold all my 0.25 shares long ago). But as a long i am worried this stock couldnt rally after the Ackman lawsuit news. Probably a good time to lock in some profits