I would be scared if I were a short on REGI since the institutions have bought out technically all of the floating shares, the only shares trading on the market right now are those shorted shares - 3.48M!!!
SYNM shareholders have to accepted the fact that there is no other offers other than REGIs.
You have been expecting an offer for the past year but no, there is no other offers other than REGIs.
REGI is actually offering $4.91 if REGI stock prices reaches $12.90 before March which I think it would happen after the Q4 report of REGI on March 7.
Sentiment: Strong Buy
most old-timers are gone.
The rest should stop complaining and enjoy investing in the future REGI.
There is 100% upside from here in one year or two by holding SYNM or REGI.
What expenses were you referring to?
SYNM still has $14M cash on book with $1M per month cash burning speed and there is only two months left until the vote.
Sell you shares and be gone.
Clearly you don't have many according to today's extremely low volume.
Truth is nobody is willing to sell under $4.
Don't give other advices if you are not good at it or if you keep changing your minds within 30 minutes.
All the shorts in this board will lose their pants...
Soon REGI shareholders - 133 institutions will start buying SYNM aggressively due to the price difference between SYNM and REGI.
SYNM will be trading above $4 very soon as the voting date on the deal on March is approaching.
REGI is expected to report a strong Q4 result between March 3 - March 7 and REGI stock price is expected to
be trading between $12 - $13 before and after report which would give SYNM shareholder $4.91 return eventually.
Sentiment: Strong Buy
Circumstances are the rulers of the weak; they are but the instruments of the wise.
REGI has done a great job in 2012 and 2013 when the blender credits expired on Dec 31, 2011.
I believe they could do even better with much better financial position now.
My expectation for REGI stock price in 2014 is between $10 - $15, in 2015 is $15 - $20.
If the blenders credits is reinstated in the early 2014, REGI would be trading between $15 - $25 in 2015.
This is just for my personal reference and it's not an investment guidance for anyone else.
In the short-term, there will be a short squeeze on March before or after the Q4 report between
March 3 - March 7, so there is only two months to go, wait in patience.
But sooner or later, the market will correct it self.
That's why smart investors always have good opportunities on the market.
Market Cap: 693.91M 385.29M
Employees: 500 279
Qtrly Rev Growth (yoy): 0.37 0.42
Revenue (ttm): 393.94M 1.34B
Gross Margin (ttm): 0.21 0.15
EBITDA (ttm): 84.33M 168.80M
Operating Margin (ttm): 0.19 0.12
Net Income (ttm): 53.67M 132.98M
EPS (ttm): 1.25 4.05
P/E (ttm): 12.73 2.6
PEG (5 yr expected): 1.05 0.16
P/S (ttm): 1.75 0.3
Not every investor knows everything.
Believe me, even funds managers read the message board once a while. LOL
We are in 2014 now.
If the blender credits passed again for 2014 and 2015, REGI is going to $15 - $20 and shorts are going to cry.
Trading from your left hand to your right hand does not count into the real volume.
Look at that 100K trade.
How are you doing in your other investments?
I bet you are all under water and do not have free money to by SYNM cheap, aren't you?
You don't have a clue about blender credits.
I remember a few months ago you were bashing REGI and long SYNM while SYNM was trading above $7 and I had predicted that any buyout offer to SYNM would not be more than $4, now REGI has been generous to offer maximum $4.91.
Yes, the 2013 blender credits had expired.
The same thing happened in 2012, the 2011 blender credits expired.
But in the beginning of 2013, both 2012 and 2013 blender credits were passed and granted to REGI.
So the 2013 blender credits expiration does not mean anything.
Nobody knows when will 2014 and 2015 blender credits be passed again.
If that happens, REGI would have $10 cash in book just because of the blender credits.
Institutions has controlled all the REGI floating shares and they are still seeking to buy more from small investors and shorts. You could tell that there aren't many small investors left from REGI message board. They will push REGI to $20 once they have finished buying even more REGI shares from shorts and insiders, they are waiting for insiders to sell more shares but the insiders are holding for long-term as well.
So once they started, 3.4M shorts along would push the stock price above $15 in no time.
133 institutions are holding 25M shares of REGI at a average price of $13($4.95 for SYNM).
One or two institutions buying SYNM could push this to $4 easily.