you do realize this stock is selling for a buck and a half and there is very little insider ownership...right? That means you and I can buy this company for $3/share if we so desire. I do not for the record.
just go to show how institutions invest in wallstreet.....like sheep following the heard...in a game of musical chairs. You want to be first in and first out. Kind of like my taxes...FIFO. this company gets a 1/4 billion in cash...a quarter of a billion dollars in cash...think about that...and the stock does not move. Amazing. Once the stock starts moving up...people jump on...investors and institutions jump on...momentum causes all those idiots to predict the stock is going up based on technicals....and away we go. Momentum.
so you post a left-wing hate msg. Thanks for that. Keep the hate going! Idiot.
that's funny. Love Kelly's response to the made up numbers....whatever it is.... I heard its 17 billion gallons per quarter....and Peix stock is about to go to triple digits! Of course, I am making all that up and would never own this stock right now with declining margins.
E&P? Wow. Interesting timing. I loved working for an E&P company back in the late 80s/early 90s.....but to invest in that sector now? Gutsy move. I do believe the time to invest in Exploration and production oil/gas companies like a Chevron (the best investment out there during my lifetime) is when oil prices drop....but do you think it may be a bit early? those cycles usually last years. Maybe 2016.
For the record, I think Regi buys back some more shares. They own about 35% of the outstanding shares now. If things look real good, they take it private. No big upside. I plan on holding until then.
I think I am going to focus on expanding my brewery in 2015 and buy more real estate. In other words, stay out of the market. Happy Holidays....and thanks for all the good data and info.
you bought wlt for the long term? This is what you get. This is the "captain" of your ship. Happy sailing.
that is a great find. To reward excellent individual performance. I guess they are talking about playing soccer on their kids soccer team.....cause it sure ain't in the business world of met coal. Too funny. Thanks Stanley. This says it all.
If I remember correctly, chkr had hedged prices substantially....around $88 for oil. Not sure about gas or condensate (NGL). Price should not have dropped this much.....but then again...nothing suprises me anymore on wallstreet. Glad I am on the outside looking in.
The only safe place to keep your money? In your own pocket.
beat me to it pavement. But after thinking about it.....why are we wanting to respond to idiots like this? Kids, stoners, anonymous people typing whatever. Need to focus on margins to see if it is time yet to buy ethanol stocks. As of now...NO. Corn up again today and higher in future months...while we have ethanol in backwardation......lower in future months. Not good.
He is yet another fool. No, that is too nice...a doosh. I was expecting wellptboy to post soon. He usually does at these times.
and Japan has such great timing. I remember them buying Rockafeller center in the early 80s? Only one thing matters coal dude....the stock price. It is going straight down. Who cares what CNBC says. It is trading at $1.41....and ALL-TIME low.
That was fast. Do not understand what drives RIN prices....just follow them. 70 cent bid and 72 cents ask Regi gets either 1.5 times that for each gallon of biodiesel or 1.7 times that for renewable diesel out of the synm plant they bought. That is significant. Bodes well for regi. So all this good news has happened as of late...from expansion plans, Tax credit going through, ending lawsuit, higher RINs.....and the stock price has not moved due to lower oil prices and the whole sector getting sold off by the big funds. Regi has a big ownership in this company in terms of shares....I bet they buyback some more shares soon.
It is kind of nuts what is going on out there in the commodity world....no one expected such a collapse in prices. These guys do indeed need to reel back in those big supply side projects. Now they are saying it is the Fed cutting back on buying back bonds that is causing the commodities to drop. Not sure how that works....but whatever. Fact is....commodities are dropping. Supply and demand out of balance. So as you say....why give china all this cheap stuff? They should focus all efforts on cutting costs.
???? Not sure about that. Rio is spending billions and billions for a new market to increase supply...at the very wrong time. and they are having problems with the Govt. Not good. Might have to write off the whole thing up there in Mongolia. Commodities are in the toilet and will stay there for awhile. The Rio, bhp, vale, and others will be tested. Lets see who is swimming with their shorts on when the tide goes out.
are you nuts? Short the living daylights out of it. On any pop...short...then short some more.
oh yeah...we remember Mr. Agee. That whole story is "so yesterday as they say. Now its about show me the numbers..the production...the profit. That is why I like Regi. Use others technology and make it happen. Crank out the fuel....today, not in 2030. Who the heck knows what happens between now and then. Research is research....it has never made a good investment standing on its own. Airbus and or the oil companies are doing lots of research in this area...that no one knows about. There are a thousand stories out there like this.
Look up the history of CVX dividends. It is an interesting read. In short....they have always paid a dividend, never dropped it...never reduced it. Only up and up. Had you invested in the 80s in this stock....and never sold it....well.....that is what one calls a "good investment". The money has and always will go to the common shareholders. Not many of these stocks left out there. This IS the stock to own. OK....a few others out there as well...like AMGN.....but not many others.