earnings are not Monday. revenues don't matter. and there is no way in heck it goes to 25 next week.
that will be the week after when earnings actually come out.
other than those glaring flaws you are correct.
I'm buying everything that isn't moving.
Dtn is reporting 45 min ago on their headline news that he was in closed door meeting with Obama and senators and volumes will go up. Might even come out before record earnings released.
and despite that stock did well.
looks like they were shorting to institutions (6 to 1 fund buying per nasdaq last quarter)
this is setting up to be a very interesting week.
GPRE also so strong shorting.
Are not the RFS RVO numbers now imminent?
and all we have to do is earn a dollar per share to destroy the bears.
that would be a 50% beat of estimates.
I bet that would definitely set this thing off.
what the heck could they be waiting for?
That just seems like poor investment diversification if you ask me (or a CFA).
What could they be thinking?
Should we sell if they are not?
you're right, they bought about 9 months ago at the bottom in November.
November was 8 months ago. that is when they bought.
no, better, for tax withholdings. they received no monies from the transaction.
And betting against management who are clearly holding for higher prices, is a fools game.
6 to 1 insider buys to sells and insiders holding.
You are underwater and things may get worse, should they post the numbers the street wants to see.
place your bets.
it has no impact on the fundamentals.
you people need to focus.
that is a misprint on the sheet. 2 days ago it was 2.43.
there is no way it dropped 18 cents while futures were rising last 2 days. If you have been watching it daily as I do, you know there has been some ridiculous fluctuations, probably caused by a rookie entering the data.
I bet you it magically pops back to the 2.40's this week.
You have no clue as to what peix's corn basis is. you are just talking out your #$%$ as you have been short since 14 and noticeably absent since you were playing these games then
You could not be more inaccurate.
The execs did not sell warrants, nor do they have any financial interest in them.
The warrants were sweeteners for previous equity financings.
You bears just can not grasp the truth that inside execs have not directed one share of their holdings to be sold.
I know you are not stupid, so you must be confused, delusional, or obfuscating or some combination thereof.
they have slowed the run down, simply delaying the inevitable.
We'll see Wednesday now wont we?
Enjoy carrying the bag.
at one of the recent investor conferences it was 5 or 5.5mm left per the CFO.
so maybe in the 4's at quarter end.
I think that is a fair guesstimate...
yes margins are up about 3 cents today with the strong move in ethanol, up nearly 5 cents currently.
i dunno but corn is down LOD -6.4
and ethanol has been up all morning, despite that ....
the market knows something.
incredible divergence in corn v ethanol for 6 weeks straight.
corn down 30%
ethanol up slightly
if there were any quarter in the last 5 years to be long it would be this one. If they cant do it then you don't want to be in it anymore.
Ill follow the execs and hold for the time being.