uuuhhhh......no. Its aerospace, aluminum prices going up, them selling plants like Mt. Holly, and the whole sector and for that matter the whole market going up.
they have posted it in the past. Look up some old stories or check some old messages between me and mark. They get most of their income from oil. Yes, they hedged and they get $88...which sucked when it was $105 for most of the year....but working now at $78. The problem is production is not what they thought it would be. This can all be seen on the 5 year chart. Nice divvy.....but you need to exit with your pants still on after collecting your 5% each 3 months. Not easy.
How do you keep a stock price down yinvestor? Seriously, I have always wondered how that is done. Please explain.
saw that. Also heard that the lowering of quotas relates to ethanol. Guess we will see. I do not feel good about this. Why would there not be a long term formula for renewable fuels....such as a percentage or a goal to be set.....say 10% of the fuel in the country, etc... I can see the argument for the tax breaks to expire, as do all tax breaks....but a regulation? A standard? Does the EPA let standards in the Clean Air Act expire and need to be renewed? Very strange.
can you believe it? After all the years? How many times did we mention or ask why synm did not do this? Impressive these guys are cranking out so much volume. That is what they do...and have done. Can this investment actually work out? Will we actually make money on this investment? How strange and weird would that feel? Get me to $14....and will have recovered all those synm losses. Amazing. Keep the mandate volume up and RIN prices up and production up.....forget the BTC....it will only run the other smaller competitors out of business. Regi will buy them up as well for pennies on the dollar. I am starting to think this is what they want.
that's 90% of 75m. that's about 67.5m Lets not just give away 2.5m gallons per year with a 1.7 multiplier that captures 100% of the tax credit versus about 86% for biodiesel that has a 1.5 multiplier. Remember how synm said that the plant margins could be estimated by simply looking at the SME gulf coast B100 price? Subtract 8 times the yellow grease price and OPEX to get net. Only piece of data we do not have is OPEX down there. Can't wait to get that piece of data. 50 cents per gallon?
we are? They did not even pass the keystone pipeline. I hope to god they pass it, but they are not passing anything right now. Everything is held hostage. Only way to pass it would be to make a deal and let keystone pass as well. Dems cannot expect to get alternative energy bills through now after that. Even though it was under Bush that most of the alternative energy programs were created and passed.
Hope I am wrong.....which seems to be about 50% of the time. Best of luck fellow longs.
weird how your message has all those characters mark. Surprised this stock has held up this good for so long. As we know, most of their income comes from oil....and that is in the toilet. Good that they hedge, but not indefinitely. Gives proof of why one should hedge...but their income still dropped. Wait until the next quarter. I should have shorted this stock, but did not. Just sold and moved on.
They also issued all the old Walter Industries employees a lump sum buyout of their pension. Was a nice pitch...colorful brochures and everything. Will probably work for some who need the money. It was a special one time event ending on Nov. 14th.
plus what they already paid them.....which is more than $0. What do you think payments over the last 1/2 decade have been? Zero? come on people......wake up. The $52 million was the principle aggregate amount, as stated....not the balance. Not sure what to make of all these positive spins on this message board. Surely you guys understand how debt works......so why the spin? What you boys think your up to.
Do not think you understand full picture. They did not issue that debt yesterday. That $52 million is the principle as they stated. It has been paid down over the last 5 or more years. The bondholders agreed to take 10% of the note now and the rest in stock as they have no more money. It dilutes the shareholder. It is not a good thing. You should not hope they do more deals like this....but you will get your wish. Good luck.
you sound like someone just smart enough to be dangerous. Glad you read a book you like opele1. But there is more than one view....not just the left and right, red and blue. That is the oldest sales tactic in the book. Do not give the customer a choice between yes or no....give them a choice between red and blue, left or right. Yes, spending in middle east, which has been running about $100 billion per year.....has been under both Bush and Obama...a Democrat. He has been spending more than Bush in the middle east. And remember, who was in charge of the house from 2006 to 2010? Pelosi has the gavel. And they even had a super majority from 2008 to 2010 when Obama got the white house. Did they reduce spending in the middle east? No....they increased it.
And the argument against giving too much money away to the "poor"....is it ruins their lives. I have seen it. Dependency is not a good life. Pulling yourself up by your own boot straps is a feeling of accomplishment that you cannot buy....or give. Give food, not food stamps. Work programs versus unemployment benefit extensions. that is what Roosevelt did and he got all those building in DC built with this labor...like the Smithsonian and natural history museum. Yes, lets spend money in this country, but not encourage a depressed sedentary lifestyle doing no one any good.
yeah.......whaaahaha... good one dooshboy. Is that why the director just sold 61%? Yeah.....they are going to bid 600% over the going price. That sounds smart.
god I miss this #$%$. Been away from the board too long....too much work. Time to be entertained while drinking my coffee. love it. thanks wellptboy. the one constant in the whole game. Your insane liberal idiotic views unrelated to reality. Keep it up.