I think the regular dividend comes from the interest they charge for the loan and the special dividend comes from their equity positions that issue dividends or are sold for profit.
Its a lagging indicator, best entries are reversal candles or bars at support. However, if there is a negative divergence on the macd in relation to the stock this tells us accumulation or distribution is taking place.
They might pull NMM back to gap fill tomorrow for ideal entry. I took first position at the 23.6% fib line. CVRR closed green on a day where the USO is showing capitulation on a weekly chart. However, the XLE hit the 20sma on daily and is showing resistance, it is at a short entry point.
They probably shake the tree in the AM and bounce it to close green. They left a trail that suggest a move to test the previous high set on the SPY for a double top. According to the FED low oil prices will benefit the economy. Usually higher oil prices and fear of inflation is seen at most tops.
Andrew J. Littlefair, Clean Energy’s President and Chief Executive Officer, stated: “Once again, Clean Energy has delivered very healthy results this quarter. We continue to get closer to breakeven Adjusted EBITDA, and we produced over 20% growth in our delivered volumes. What is so encouraging about this robust number is that it was primarily driven by our established businesses of transit and refuse. I am very encouraged that this type of overall volume growth should continue with the anticipated volumes from the growing number of heavy-duty truck fleets that are testing natural gas trucks along with new businesses we are entering, such as “virtual natural gas pipelines” with our investment in NG Advantage.”
I saw a spoke person for the company on tv say they are paying for their expansion with cash flow and won't be diluting the stock anymore.
The first sentence of, "I did some technical work on PSEC," is missing the top line that completes the wedge pattern for the measured move. The wedge pattern's measured move has three other supporting factors that increases the probability for a bounce. Perhaps we will see the negative market sentiment turn positive during option x week as the institutions sell back the shares they bought on the sell off to the same people that sold them.
I have seen many bull and bear flags fail and have come to this conclusion, "When ever a trend trades side ways in a box formation it can break either way, so we don't have to predict the move, we can wait for the move to occur. However, a failed break out in either direction is the ideal set up."
I know nothing about this industry and the company keeps the part on how they will make money a secret. I am simple minded and need simple explanations. Does the company make more money when the price of natural gas go up? I think I heard Boon say, they get a piece of pie whether the price goes up or down. I still don't see why this stock goes down when the price of oil goes down?
If you look closely at a 6 month daily chart and draw an extension line on the low set on 10/15 to the low set on 11/4 we see where the break down occurred. Anyway these patterns give us measured context clues as to where the next support area will be. In addition, if we switch to a weekly chart and connect the low set on 5/16 to the low set on 10/17, we see PSEC bouncing on the trend line. Now if we switch to a monthly chart we see PSEC at a major support. Furthermore, the RSI on the daily, weekly and monthly charts are at a potential over sold reversal point. Moreover, the stock is trading to far extended from the 20sma. In conclusion, the weight of the evidence show that we must add or take a position here. But keep some dry powder just in case the SPY gravitates toward the 50sma on daily.
The other day at Subway, I grabbed a $2 bottle of coke and at that very moment I saw a bottle of ice tea with strawberry and vitamins added to it. I put the coke back and took the vitamins.
If you look at key stats on Yahoo it shows cash at 30mil, but recent earnings reported 50 mil, so they have cash flow from business.
This company is seasonally strong in the 4th and 1st quarter. We will get a better picture of their growing fruit drink market, so far their sales chart show a fluctuation of high and low seasonal swings with no meaningful growth. Personally, I think the consumption trend for China's fruit drink market will be explosive and we will see the first signs of this paradigm shift.