Seeking Alpha

Premarket gainers: REGI +23%. CAAS +18%. YELP +12%. MWW +10%. GNRC +9%. NIHD +7%. BZH +7%. GILD...

Premarket gainers: REGI +23%. CAAS +18%. YELP +12%. MWW +10%. GNRC +9%. NIHD +7%. BZH +7%. GILD +6%. MGM +5%.
Losers: CIG -13%. VLO -7%. TS -6%.
Comments (2)
  • I hate to sell my REGI and also hate not to sell. Any ideas?
    2 May 2013, 02:03 PM Reply Like
  • stabletker, I've been long since $5.25, and have been pondering the same thing since these numbers came out. It's a bit hard to parse out the details from the recent CC...

     

    http://seekingalpha.co...

     

    ...but from what I can tell we're looking at an EPS estimate for 2013 centered around $3 after you take out the retroactive credit they got recently for 2012 (but keep in the current blender's tax credit, which they share with their customers). If that's the case, I have a hard time seeing how the market would apply less than a PE multiple of 5 - giving us a $15 price as things shake out this year. I'm holding till that price, or September, whichever comes first. I don't want to get caught up in the volatility of speculation about what will happen on Capitol Hill with the RVO and blender's credit.

     

    If you feel brave and hardy, dive into that conference call transcript and tell me what you think!
    2 May 2013, 06:49 PM Reply Like
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