Seeking Alpha

Clean Energy Fuels slips on bearish Raymond James note

  • Clean Energy Fuels (CLNE -1.8%) trades lower as Raymond James is out with some bearish commentary.
  • Analyst Pavel Molchanov calls the shares a "relative short" and says the company's retail fuel margins may come under pressure, moving from $0.30-0.35/gallon to $0.15-0.20/share.
  • Molchanov also says the company's leverage may be nearing the "danger zone."
  • Underperform rating maintained.
Comments (5)
  • Stone Fox Capital
    , contributor
    Comments (7489) | Send Message
     
    the margin is a good long-term concern but i don't see that happening for years.
    26 Dec 2013, 11:50 AM Reply Like
  • sniffle
    , contributor
    Comments (2) | Send Message
     
    Who is this guy? A self appointed expert no doubt.
    26 Dec 2013, 01:36 PM Reply Like
  • jpmj4847
    , contributor
    Comments (547) | Send Message
     
    That was my first question also, sniffle. Go CLNE! jpmj4847
    26 Dec 2013, 03:38 PM Reply Like
  • Scott@casefi.com
    , contributor
    Comments (23) | Send Message
     
    "relative short", definition= I have relatives that are short. Raymond Piper James.
    27 Dec 2013, 09:59 AM Reply Like
  • ex GM emp
    , contributor
    Comments (112) | Send Message
     
    How often do you hear this, "Company beat analysts expectations. Company came in under analyst expectations" versus Company met analysts expectations"? Analysts are wrong 90 percent of the time. Why anyone pays any attention to them has been beyond me since I've been investing (40 years.) Do your own due diligence, read the "k"s and reports and base your investing on that information, gut instinct and comfort level, not on some clueless cube farm analyst or internet market pundit.
    27 Dec 2013, 10:44 PM Reply Like
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