The loser and SYNM hater Named wellptboy will soon be gone after REGI-SYNM deal is closed next month.
Why are you posting here if you don't have any position on REGI?
You haven't read any of REGI's report, have you?
You are just a SYNM hater who lost big on SYNM.
The only reason you are posting here is because REGI bought SYNM recently at a bargain price and you want to ruin the deal. But the good news is that this deal is going to be closed in just one month away.
After that, SYNM along with its haters like you will all be gone.
Good bye and good luck!
I bet you had never read any quarterly report of REGI.
You might had made some money on shorting SYNM, but maybe you don't have any position on REGI at all.
I would encourage you to short some REGI to put your money on where your mouth is.
I hope you are right but I don't think a take over is likely to happen soon.
But the stock price is low as the IPO price a few years ago was $10.
Although the assets has grown a lot but the stock price didn't move at all.
I guess any post here doesn't matter anyway since not many small investors left holding REGI.
Most of REGI floating shares have been holding by the institutions.
What to expect in the Q1 report.
1. Cash level - REGI reported $136M($3.74 per share) cash on book and $15.48 book value on Q3 report.
Although REGI had to spent $15M cash on the acquisition of LS9 but I would still expect the cash would go above $136M, if it could reach $150M(about $4 per share) then that's great!
Book value should be kept at $15 - $16 level or maybe higher depends on the earnings.
2. Estimated 2013 EPS would be $4.94 and it might be higher than $5, the PE is only 2, if stock reaches $15, PE would be 3 only.
3. 2014 guidance. It should be much better than shorts had expected.
4. Blender credits.
5. 3.5M short covering along could bring this stock to $13 level before and after the report.
The shorts would try their best to keep the stock price low before the report but they don't have much time left to cover so they had to start now to avoid a short squeeze to happen on a great report!
Sentiment: Strong Buy
The company has decided to do the Q4 report one week earlier than planned.
I guess the company does not want to see the stock price trading so low for any longer thanks for 3.5M shorts.
It's time for 3.5M shorts to cover now.
Sentiment: Strong Buy