There is an argument that the tax credit does nothing but go in the pocket of major oil companies, i.e. it does not increase demand. This thing puts all the emphasis on the RVO's which create product demand for the obligated parties. An interesting side question is whether state mandates, e.g. New Yorks 2% heating oil, adds to demand over and above the RVO. The jury is still out on that one.
Would surprise me that REGI has not already come to a side agreement with Neste (you don't buy a lawsuit is old adage and wise practice) as well as with Tyson (even to extent of buying Tyson out at some point). Time will tell, but would agree with you that REGI's sp will be fluctuating.
Okay, but can you point me to one where it says "run, and never look back, this stock is a only for pigs on the way to slaughter."
My recollection is that the call mentioned having contact 60 parties in an effort to find another buyer. Please correct me if I am wrong . . . but if I am not wrong, then perhaps ___________
I'll disagree with you on that. IMO, the problem with Tyson has been that Tyson could have to pick up the bill for all damages, should Neste prevail, those triple damages would come to Tyson's doorstep whereas they get only half the profits, a 6 to 1 risk reward. Therefore, they kept the JV closed. So, by inference those pattents made by good but there is a question and REGI has little reason to take the risk.
Without advanced agreements, REGI would have all the problems SYNM has had . . . ugh.
Won't you expect REGI to already have a side agreement with Neste? If they did not, they would only be buying a lawsuit . . . which is the reason I never expect a deal with SYNM or, for that matter GEVO.
At the current market price of $3.20 they would be paying the equivelent of $8 a share of their stock which is selling at $11. Great deal for REGI's shareholders. (But there is probably some SEC requlation preventing it. Eh)
No. Many years ago had a significant position and got out green. Have been coming by to do the occasional trade and in part on a feeling of "there but for the grace of the trading goddess, go I" and in part to watch Mr. Market take care of pumpers (the suffering of weak investors reinforces sound, critical, investing principles and practices).
Wish I had got in before the announcement yesterday, but not so. Sold out REGI position and bought SYNM in afternoon on disparity in share values.
No, it's by and large out of managements' hands. Now it is the shareholders themselves who could screw it up. Reject the deal in March a be bankrupt by ___________.
Don't think it will happen, in no small measure because there are new shareholders buying in today (like me) who are doing so with only one thought in mind, to vote to approve that deal and get 0.39 shares of REGI.
gl . . . and you have had some today.
Buy and hold! How has that been working out for you over the last couple of years?
Would have worked great with small caps up 50% (per IWM), but SZYM ? Who are you kidding, but there are a lot of kidders on this MB.