better handle than lthat? Jesus....way over my pay grade. Nice info. naglecolin. Thanks. And by the way, I am a Mets fan.
If that was planned, and Regi bought back lots of shares, then wow, what a move. That huge volume we saw had to be buyers and sellers so who was selling all those shares? If it was shorts, then they have to cover because you cannot create new shares out of thin air. Crazy.....friggin crazy.
Now what? They have cash, debt pushed way out into future, less shares available. They going on another buying spree? Expanding? Going private? My guess is on expanding, buying up another business. I base that on past history.
after reading their report one would think this stock would drop 20%, but it has not. Guess a lot of this has been built in to the price. Revenues down, net income down, equity down, fixed assets down, margins down, investments down.....good god.....everything bad for BAC. So time to buy??
that's a great reply tom...thanks for that. I needed a laugh today. Lets see what next week brings. I have spent so much dry powder on this stock in past drops, just like this one and as it turns out, about at this price, that I could not do it again without selling something else. Maybe I should get out of my fannie mae. Pulled a double on that one. Have a few other stocks up big, but in my history, I usually get out of winners way too early and get out of losers way too late. Hope this investment is not the latter. Would rather leave a bit on the table. In other words, next time she runs up.......SELL. Of course I have said this before and have never pulled the trigger. What is wrong with me Tom?
no, for every 8.5 million sellers theres a buyer...and that is just today. That is nuts. That is absolutely nuts. Can Regi already be buying back shares as they stated they are going to do with some of the money? Or do they have to first sell that debt? They have some cash. Just wondering. And NOOOO, all is not forgiven. It was at almost $10 and moving up with nothing to stop it....except management. And they did. They might have made a good deal for themselves, but not us common stockholders. Oh well. Better luck next life.
You still use a broker tom? They are basically just sales guys. All you need to do is past a basic test. do not listen to your broker. And that advice is free. And anyway, I do not trust advice posted AFTER the stock price moves back up. But to say $11 easy? Really? Easy? $11? We had a cap of $10 before all this.
yeah....one would think. But I am not confident that the sellers, big sellers might know something that I do not. Sometimes this points to a cash flow problem. This is what companies do when avoiding bankruptcy. Plain and simple....it sucks for us common stockholders as of right now. We just got crushed. We shall see what happens tomorrow. I almost hate to look. Have no more dry powder for this....ever. I am so done with these guys.
Yeah, that is a bit suspicious isn't it? I think the old debt holders are #$%$. They got played. No conversion for them. And Regi will do the same thing to the new debt holders. Why on earth would anyone give these guys money (debt), especially at 2.75%? And the more this drops, the more stock they can buy back for a gives set $$. Crazy crazy crazy. Maybe you are right pfoconor....the end game is a take over..........by management.
I should have read you entire post first, before posting my nonsense naglecolin. You summed it up nicely. They probably waiting too long to do this as you point out, but with rising oil prices, now is the time that you CAN do it. Still have to find investors out there that want to risk their money for 2.75%. I think I would rather go buy a REIT or if I wanted to stay in the oil sector, just buy CVX stock which pays a divvy higher than that....and has not missed a payment in over 50 years and they have never reduced it in all that time. Crazy.
Soooo close to that $10!!! Dammmmnnnnn!!!!!! #$%$%$k!!!!!!
more and more debt? Not really. Going to replace some debt coming due in 3 years with this debt due in 20 years. They did not mention interest rate, but I assume its around the same as what they are replacing...2.75%. Then they are going to use some more of the debt to repurchase stock...again. If you thought interest rates were very very low, which they are, and your stock was undervalued, which it is....... and the stock price plummets? Really?
very interesting jim. So its not just the shape of the ink on the graph in the past and all those out there thinking it can tell the future? No, you make a good point. Margins are indeed improving thanks to....lets see:
-fuel prices increasing
-RIN prices increasing
-tax credit in place
-higher required volumes
In the past, feedstock costs have risen with rising margins.....I wonder if Regi has hedges on feedstocks? They have multiple feedstocks for lots of their plants. Can they maintain these margins? Will the tax credit be extended before the end of the year? I think these type of questions we have all had over the years has led the industry to have such low PE ratios.
So I ask you guys.....Is Regi a good investment? It looks good now...how about going forward?
What a shock. what a surprise. A Chinese company making sh%t up? Nooooo.
david, you want to be one step ahead of others. You think you see a pattern? This shorting of solar pattern was seen and even an article written about it, posted right below. You are just posting old news. As Warren Buffet likes to say...."buy when others are selling". That would be now. Buy FSLR now. I would buy in a 1-2-3-4 pyramid fashion as I cannot pick a bottom, nor would I try. "people who pick bottoms, end up with smelly fingers".
for the record, that pattern is to buy 10%, then 20%, 30%, and finally 40% of what you have to invest.....on the way down, if given the chance. Of course, this adds up to 100% and gives you a lower weighted average. If I have $100,000 to invest, I would put in an order for $10,000 at $50/share, $20,000 at $48/share......and on down in $2 increments. Do not know if you will pick up that last order at $44/share or not. But bottom line....stay ahead of the fray. Time to buy. Now!
It goes away. Human nature I guess to look for patterns. In my genes. My mom was a code breaker back in London in "the day" as she calls it. Anyway, when a pattern forms, whether its figuring out what Hitler is saying or what a stock price might do in the future, that pattern will change depending on how many people see that pattern and how they act on it. My old MBA finance prof. (who is now serving life in prison) used to tell us to buy stock in the Boston Celtics in November because in December, people would buy it to get a stock certificate they could give as Christmas presents. Once that story got around, well, the pattern of the stock jumping in December changed.
And looking at the last 5 days of REGI.....it changed from its pattern. Now just running steadily upwards. Will be interesting to see if it blows right past that "imaginary ceiling of $10". Anyway, the boring long story above is just my way of saying all that tech. analysis is pure BS. Cannot believe they even got a guy on TV (CNBC) doing just tech analysis. Saw him draw one of his silly head and shoulder patterns. Only problem is he is showing this to millions of viewers. So the real winners are the ones to see a pattern that leads to a head and shoulder pattern and buy first, selling for a profit to all the lemmings that follow. One step ahead.
So where does this leave us with Regi? Haven't the slightest idea!
I think I recall something along those lines....warrants or options to convert at a strike price....blah blah blah. You are probably right....let them expire worthless. Not sure if one can do that....just as those option holders cannot go out and drive up the price....or can they? Sounds like conspiracy stuff. We shall see soon if that $10 holds.
that is awesome. great history. Wish there were more of this. bodes well for Amarin if he does not like it. He has been wrong so far, as the stock is up almost 20% since earlier this month. If that reduce it study reveals this drug works well with Statins......wow. They get bought up immediately. In fact, probably sooner by those with inside info. on the trials. Maybe our boy has this inside info. and he is a simple hire to shares cheaper. I just wish I bought more when I first loaded up below a buck. Oh well.....lets not be greedy.
ouch cennturycom. Looking back at the date you posted this....it has gone almost straight up from $1.52 to $1.80. That will get the phone ringing. Feel for you son. I was on wrong side of a short. Hated the calls for either more money or buyback to settle position. Never short these drug stocks. One mistake and its all over. They have way too much cash for this type of talk. best of luck to you laddie!
Would not trade on technical. Its setting up as the ultimate pump and dump....the dump coming from the hedge funds who lost the court case. Last year these entities profits could not pay the 10% divvy, justifying the sweep. Its over. But those big money boys do not just sell it all.....nooooo.....they sucker in others to buy those shares for, well, over $2.
Time to exit. Maybe even short. If you are profitable.....run.