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engineman

engineman
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  • Solazyme Advances Its Agenda On Multiple Fronts [View article]
    There is certainly good medium upside potential to Solazyme but there remain some very real concerns.

    - the dilution of equities to raise capital for the expansion could be read as confidence by management. But it is also very early to raise any further construction capital when no existing facilities have proven profitable
    - Iowa may be producing some product but the company has not detailed at what percent of capacity they are producing and if it is producing profitably
    -Brazil has had its permits for several months, presumably for operation but this company has delayed the start up of this facility three times I am aware of. 2014 is not a production year, it is a ramp up year.
    - seeing so much short interest at the price of the newest dilution with the overall market at current levels is concerning. Who's gambling most, short or long?

    Good information, good company, lots of unknowns yet. I remain long on SZYM and hope the shorts get caught by awesome news.
    Apr 21 10:37 AM | 8 Likes Like |Link to Comment
  • Sharks Are Closing-In On Clean Energy Fuels [View article]
    The article doesn't address fueling times. The big advantage of LNG over CNG was that it needs smaller tanks and second that it can be fueled in about the same time as diesel.

    For a 400hp truck with a 500 mile range, I have been in the understanding that the fueling time was more than it too to take a leak and get a coffee. And so fleet shirt range trucks were perfect for CNG as they could refuel on off hours at a fleet manifold.
    Feb 5 12:50 PM | 3 Likes Like |Link to Comment
  • Natural Gas: Transport Or Export? [View article]
    Michael, I enjoyed your article immensely for connecting many dots and for presenting this very relevant issue. I admire your poise in replying to several comments on the position of exports so delicately, you are a pillar of patience.

    I have spent months reading on current initiatives and policies and can add the following:
    o the current nat. gas use for transportation in North America is just over 1% but is growing exponentially mostly from fleet use to date
    o the comment I disagree with most is that this is a socialist scheme. Westport Cummins has asked the US government to stay out of subsidies on NG transportation so they can go faster. CLNE is ready, there are currently 3.5 million trucks on the interstate network. It won't be until 3rd quarter 2013 that Westport's 11.9L 420hp unit will be on the road but this also includes having parts inventories and trained technicians at dealers
    o India and Iran are two of the nations with the highest nat. gas use. Iran decided to sell their oil, not use it. The US is in its infancy in terms of use and exports cash instead of keeping their money at home. Why is that? The answer is really sad and an achilles heel of the American "system".
    o selling a resource that you produce at less than a third of other nations rather than use to your advantage as an economic lever is stupidity. Is America really that subject to corporate priorities over that of the people
    o if America wants to export massively, use the NG to produce fertilizer. China and the Ukraine's costs have gone through the roof and the US is already increasing urea output. This is a big source of nat. gas use and is currently competitive with potash
    o think there aren't enough LNG tankers? Take a look at this link and scan it all, not the first page.
    http://bit.ly/rpsi8J
    o Australia has about 1.4% of the world's reserves, they are still developing and plan to expand. But so is global demand from giants like India and China and China wants commodity as badly as japan and Korea, even with spot prices as high as $13/Mbtu.. So prices are not going to drop substantially even with big supply increases
    o current legislation sets limits for new electric generation plants that are prohibitive to coal use to meet emission limits.
    o the supreme court's decision on unlimited campaign donations is indeed foolish as proven by the recent federal election
    o Exxon doesn't care two hoots about Americans as a whole so the government is there to play that role, like it or not.
    Feb 24 08:16 AM | 3 Likes Like |Link to Comment
  • Does This Corporate Villain Belong In Your Portfolio? [View article]
    The need to have pre-drill a relief well leaving only a plug wasn't required and the company didn't do it. other countries would have required this as part of approvals as the risk and consequences analyses can mean different things to different people and the industry never stops lobbying. So shame on the regulator.

    But BP knew as much as the government and could have elected to pre-drill a relief well. They didn't and the resulting casing failure caused an immense disaster. Then they spent lots on public relations, spent lots on lawyers trying to limit their liability and pushed back on small business on what they were responsible for.

    I doubt I have the highest returns on my investment dollars. But BP doesn't make my cut to be corporately ethical given their predator approach to responsbility. Even for an oil company.
    Feb 19 12:00 PM | 2 Likes Like |Link to Comment
  • Biofuels defenders blast EPA plan to cut ethanol mandate [View news story]
    yes as the marketplace decides what risks they should take in drilling for oil in everyone's ocean or what risks caused a huge financial meltdown. No thanks ,government sets the regulations, private sector delivers the service
    Nov 16 02:44 PM | 2 Likes Like |Link to Comment
  • Winner Takes All: The Super-Priority Status Of Derivatives [View article]
    Great article.. scary but quite informative. If my bank didn't get cleaned out ,the fall of the others will collapse the markets... again.
    Apr 9 05:09 PM | 2 Likes Like |Link to Comment
  • Solazyme Gains A Partner For Specialty Soap Production [View article]
    Nothing on paper really matters including price and trends until these guys produce something more than samples. Go long.
    Aug 20 11:31 AM | 1 Like Like |Link to Comment
  • Why Solazyme's Pathway For Growth Is Beginning To Clear Up [View article]
    An informative article on Solazyme.

    I was surprised to see the US facilities commissioned. Several times the company had made comments in the media about Brazil. The stock took a dive after a fourth quarter opening was missed for "early" in 2014.

    Finding news about the Solazyme Bunge effort is near impossible, to me it is the elephant in the room. Is there any insight as to the opening in Brazil?

    Then the company and its investors (excepting the short people) can worry about efficacy as the company gets underway
    Feb 19 08:29 AM | 1 Like Like |Link to Comment
  • Taking A Look At Solazyme's New Oil Profile [View article]
    Well organized and written article. I agree with the points and Solazyme is poised... and poised... and poised to begin production.

    I understand the sentiments of analysts and traders that have shunned this company. As production starts are missed, cash is burned, profitability comes after commercial production by some time, months to years and dilution rears it Ugly Head.

    ON all my trade record, I now note outstanding shares as this info. is as important as price, perhaps more in the future but it isn't trackable without research on past reports. EPS is price as well as shares.
    Dec 3 12:45 PM | 1 Like Like |Link to Comment
  • Dividend Disasters In 2014 [View article]
    In addition, they are not selling assets to raise cash. They sold a particular type of asset (renewables) because they felt the asset was undervalued and most analysts agreed this to be the case. For those that paid attention, they also put a similar amount to reducing their considerable long term debt and buying another strategic generating source, are building an NG to the Solomon plant in Autralia and just won last week the major owner/operator TAMA 500kv project in Alberta.

    TA has pressures for sure but I see them as strong as most other operators in the electricity generation equities.
    Jan 23 02:07 PM | Likes Like |Link to Comment
  • Clean Energy Ready To Reward Shareholders With 'Redeem' [View article]
    Some news sources say the Piper Jaffray report in that it contains reference to most engines leaving the WCI pant are for CNG while CLNE sells LNG. This would seem ture but out of context in that two smaller engines are for trucks like dairy, short haul, buses. They are CNG, fast refill.

    But the 11.9L ISG engine is only just getting rolling. Semis can use CNG but don't as the tanks are so big and expensive. At $2.75/gallon, LNG doesn't look that expensive when you're in a rig ten hours a day burning 7 gallons an hour.

    So if 90% of WCI engines are CNG, is that really a harbringer of the future or a sly way of saying the 11.9 won't take off?
    Oct 8 01:43 PM | Likes Like |Link to Comment
  • Why Green Innovations Stock Is Headed To Another 70% Or More Decline [View article]
    As June 28 approaches, there is no corporate announcements of earnings. No financials are available, the frequent glowing press releases continue about arrangements through "a subsiduary". This equity is a good example of why the average investor would be better buying a rental house as the brokers publish the news releases and offer no qualifiers about the corporate risks while all this is legal.
    Jun 19 10:45 AM | Likes Like |Link to Comment
  • Green Innovations Is A Train Wreck Waiting To Happen [View article]
    Investors Alliance also pumped this stock. They also are from Kowloon, Hong Kong

    Why doe GNIN make all its transactions through its subsiduary, Green Hygenics? Looks like one day, there will be a shift in equity balance when the price is down and the shareholder will be wondering what happened. Assuming they have sold more than $99.99 worth of product.
    May 21 09:24 PM | Likes Like |Link to Comment
  • Toronto Stores Report Strong Sales Of The BlackBerry Q10 [View article]
    You're Chippy that's for sure
    May 2 12:39 PM | Likes Like |Link to Comment
  • Natural Gas Transportation: Who Will Win And Who Will Lose [View article]
    Optimism on Westport is warranted given the control they have in diesel/NG technology. This reflected in the agreements signed with an unprecedented percentage of the truck engine manufacturers. However, my concern lies with both Westport and Cummins as they have repetitively missed their 11.9L forecasts for market consumption. Now with dealer availability being at the end of 2013, I have doubts that will materialize. Westport has interests in the Weichai and Tata markets, this is important, maybe more important even though their agreements are not b50/50 like Cummins. India has a complete NG infrastructure in place, China;s market is growing quickly. I remain positive but cautious on both WPRT and CLNE and watch all progress of others, especially CLNE. At this point, the one other point is that diesel prices are unlikely to stay so low in the two year timeframe.
    Apr 29 11:18 AM | Likes Like |Link to Comment
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