I am sorry, what was that bigmonkey boy? Whaahahahaha.....get that margin call today? Ouch. I think I pretty much called it. Only 4 cents off. Said to put a sell in at 99 cents after buying for 79 cents. It hit 95 cents today. That's almost a 20% pop in two days. Exit stage left.
nice post rawbisch. Nice to see others understand the huge difference between a water soluble alcohol made from corn, a huge fertilizer demanding crop that causes some engine damage as it has oxygen atoms within it.......and a renewable diesel fuel that improves performance and mileage and is made primarily from either restaurant waste grease or soybean, which puts nitrogen back into the soil, not the hog that corn is.
Lets see if they actually do something.
that's funny, I just heard that as well. At least he invested in Starbucks and made some coin. Not that he needed to with his sales in music. He just needs to not lose it.
I don't think he can read very well. I heard he is a 17 year old kid in his parents basement smoking weed typing on a keyboard. Remember yesterday he said today we were going down to 69 cents? That is so wrong, there is nothing left for him to say but to double down and say something stupid like....tomorrow....which he has done. What a doosh. He has become the fool of the board....or our message board court jesture. Thanks for the entertainment value monkey boy.
might be true, we shall see. I sold this much earlier in last year in the low $4s.....nice run from sub dollar. Been watching last 4 months and it has simply been bouncing around between $2.0 and $2.50. Wake me if she runs over $2.50.......then I am interested. Could be another double out there. We shall see, we shall see.
and all the legal troubles with the measles outbreak? I don't think so. And what do they know of running that kind of company? It would make bankers rich and other underwriters. How about doubling the dividend and returning money to shareholders? That would also almost double the stock price.
and D4 RINs are selling for a buck.....well, 99 cents. REGI gets either 1.5 times that for their biodiesel or 1.7 times that for their renewable diesel......on top of the ULSD price. And I see feedstock costs finally dropped a few cents. And the price drops. Apparently, not everyone is watching margins.
I will take half that bet as well crazy. Well bigmonkeyboy? Just for the sake of being right? In fact, I will make you one better. I say it closes tomorrow closer to 89 cents than 69 cents. Another bet monkeyman?
what the hell is a pump and dumper? You really think I want suckers to buy and you really are laughing your arss off? Not sure what is so funny. I have been saying this stock is toast, done. Going BK. Just stated there may...repeat...may be a short term runup of 20%. Just a guess. A pure guess. But thanks just the same.
Not sure. Reason why US steel did so good was last quarter they sold lots of steel to the oil companies. Not so much going forward. Also, they use lots of met coal, which was cheap. WLT is the supplier, getting less and less for their product. I still think there is a short term play out there....maybe running up to a buck, but not a turn around story. Quite the opposite. Still, best of luck if you are long.
Been watching this for years. It will eventually head on down to zip....but it has had some nice short time frame runs up on the way down long term. Anyway....20% as a guess from 86 cents....so add abut 17 cents to that and we are talking about a $1.03. I might get out of this trade at $0.99. Still a nice run in less than a week.
Anyone else see this??
dang Navy....bo....man.....you had to bring that name up? Perfect comment though. As I remember, that is what we were saying for years. Not a good time to be in the fuel selling business, especially when your feedstock does not drop as much as the end product you are selling. Oh well.
Look at Walters write down of their Canadian purchase (Western Coal). It was even bigger. Those dang Canadians knew when to sell, eh?
OK...here is a weird one. You can see I almost pulled the trigger but did not. It was paying a divvy of 36% but now that's down to 31% as the price has risen. Its a trust from Chesapeake energy, called CHKR. The play is that they have hedged oil at $88/bbl so they should pay a big chunk of that stated divvy in a month. The play would be to hold up to the divvy date, then sell for a big gain. Its already up about 20% in the last week.
for the record, people have been here saying something like this since the stock was over $140. There is no good place to buy a stock like this.
nibble? The trend has officially reversed after a couple of years....time to jump, not nibble. "The trend is your friend". buy on any dips, hold for at least this next season. Keep holding as trend continues. Get out after she turns back down and fundamentals change....as they always do.
by the way, you do realize that iron ore has dropped in half over past year, right? Around $70/ton.