If you hadn't noticed, GEVO is pretty much a contrarian stock. A portfolio must have going forward into the 2016 elections.
The entire market is rigged from the top. Today and yesterday's action proves it. Only the masters know when and how to profit on the slide and the rise.
Perhaps today's sharp rise in pps is due to GEVO's gross profit ratio improving in the latest quarter and operating loss decreasing substantially. Maybe GEVO will turn a profit by the EOY as they sell more Isobutanol and technology to China, service stations, and other distributors. Just think for a moment about all the motorcycles and mopeds in more populated countries besides boats and lawn mowers.
my friendly fellow longs. Let them play their daily game. Volume of 1 million shares and a huge decrease in price per share raises no concerns for me. With such a small float it's a no brainer they are going to have their share of shakeouts, and some pretty gruesome ones too, such as today's action. They had a good excuse: Greece. If you're fretting it, here's the bright side. Eventually GEVO will have its day. The chart tells me it hasn't had it as of yet.
holding strong and there could be any number of reasons why it did not climb today as much as one would expect with good news. I think this particular news was already factored into the price more or less. This wasn't really news according to buyers. Day traders should and must have exited pretty early today. Volume did drop off late in the day. The last few days the volume has generally been weak and pps close edged lower sequentially each day. I have never seen a stock as openly manipulated as Gevo. I bet if news came out Gevo was going bankrupt, the pps would skyrocket.