Ideas For Now-

stonedinvestor said:
PEIX--
Pacific Ethanol expands alcohol production capacity 07/27
PEIX
Pacific Ethanol announced that it is expanding its production capacity of USP grade high quality alcohol at its Pekin, Illinois facility by 30 million gallons per year. The new capacity will be online in the fourth quarter of 2020, supplying the growing demand for the company's USP grade high quality alcohol with existing and new customers.

I wonder if this is for hand sanitizing?
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Pacific Ethanol
$1.99

-0.34(-14.59%)-> ? Is this due to the shelf offering of shares
More...

With all the trouble going in with the Covid thing and the high price of brand name booze, I suspect it is for drinking. LOL
 
I read a Barcalys piece on COOP it read really good!
I HAVE ADDED MR COOPER TO THE IDEAS FOR NOW PORTFOLIO!

BUSY BOY, I WILL RECAP THE HOLDINGS TOMORROW.>>>

Energy
Pacific Ethanol shares plunge with oil market, reversal of Trump policy-!

Pacific Ethanol (Nasdaq: PEIX) shares fell 10 cents, or 23.3%, to close at 33 cents.<-- March 9

SO PEIX IS ACTUALLY UP since then why?

As renewable fuel demand collapses, Pacific Ethanol makes alcohol, hand sanitizer<--- A HA!
| SACRAMENTO BUSINESS JOURNAL

Mar 27, 2020, 9:48am EDT
Sacramento renewable fuel company Pacific Ethanol Inc. has seen demand for its fuel product collapse, but it's putting its manufacturing facilities to use to make high-quality alcohol and hand sanitizer.

Pacific Ethanol (Nasdaq: PEIX) said its revenue fell 6% to $1.42 billion in 2019 from the previous year. The company's consolidated net loss for the year grew to $101.3 million from $67.9 million.

Pacific Ethanol released its financial results for the year after stock markets closed on Thursday. Earlier the company's shares had risen 5.5 cents, or 18.1%, to 36 cents.

Pacific Ethanol is idling excess production capacity in response to the "unprecedented decline in gasoline and ethanol demand due to the impacts of the coronavirus," CEO Neil Koehler said in a news release.

He added that the company is shipping significant volumes of high-quality alcohol from its Pekin, Illinois, manufacturing plant for the production of hand sanitizers.

“We are also manufacturing the finished hand sanitizer product at our Illinois plants to donate to local communities,” Koehler said. Woa! Donate.... NO!!!!!!!

Pacific Ethanol has struggled for several years as high inventories of ethanol on the market have hurt prices for producers, who also lost export markets in the U.S.'s trade war with China, and as the Trump administration granted exemptions to oil refineries from mandates to blend ethanol into motor fuel. Last year, Pacific Ethanol engaged Minneapolis-based investment bank Piper Jaffray Cos. for thepotential disposition of assetsto reduce its debt.

it would sellits 74% ownership stake in two ethanol refineries in Aurora, Nebraska, to the Aurora Cooperative Elevator Co. for $52.8 million. Aurora Cooperative already owns the other 26% stake in the plants. Pacific Ethanol said Thursday that it's on track to complete that transaction, which will help the company’s balance sheet.

Even after that sale, however, Pacific Ethanol is still facing headwinds, Koehler said. It's amended agreements with lenders to defer interest and principal payments for two months, and engaged a chief restructuring officer to assist innegotiating with lendersand implementing strategic initiatives.

"The margin improvements we saw in the first half of the fourth quarter of 2019 have been overwhelmed by excessive ethanol supplies and plummeting demand as a result of the coronavirus pandemic," Koehler said. "As a result, the industry has returned to an acute negative margin environment.
 
Tues Aug 4. Storm is heading our way.
Have I got a trick for you! More on that later.

A) MIME reported yesterday I believe. I don't feel the need to chase here but keep the idea in mind.

B) DKS got a big price target boost-- Yes I am interested.

C) SNE Sony-I believe reported. Watch for reaction.

D) GWPH Another huge Price Target given (third)

Folks my money manager is picking blueberries in Main. We are heading into the traditional slow period; I hate to be the guy, the only guy who sends a bunch of emails and gets all frantic and buys a bunch of stocks... But I am very weak. Right Now-- right off the bat I could BUY those 4 stocks above and do VERY well.

Timing is everything of course and the market itself doesn't always go along with these plans. I have two yellow warning lights flashing on my Proprietary Market Watch System.

I could just list all these stocks in this thread and it would be easy: I'm right here in this case! And I'm right here again! - but that's not the stonedinvestor way, I have to actually be in that name, take that plunge, take that risk. If I don't Buy It It's not in the Ideas For Now Portfolio and I think that's what makes me different from all these other guys you may see or read. And that's what makes it so hard because you cannot buy everything.

E) AJRD-Former Position sold for bad reasons boredom-- Aerojet Rocketdyne reported--- I'm afraid to look.

F) VMC- Vulcan I believe reported. Doesn't feel like a highway spending bill is coming in this relief package.

The Investing day dawns and the First Question I ask myself is do I get me some Dick. It is sporting goods, but I am leery. Everyone is selling their own stuff on their own sites these days what makes DKS so good? And Yes I've bought a lot of Dickie type things this summer, the latest being a full size volley ball net! But the summer will soon be winding down-- Now we are going to be talking about Back To School and how parents shop for that- TJX? and for that I am thinking more and more about GAP.<---

H) GPS-- Gap believe it or not has surfaced in a few of my stock screens. Quite simply the retail landscape has broken down to who is going to make it and who is going to fail. Gap is going to make it. Surprisingly perhaps, but Gap will be here when the Pandemic is gone. And so will Shake Shack. These are two names I have been looking at .

H) SHAK- These guys make a good burger. And they seem well set up for the world of non dine in- they often have outside areas to eat in and they do a ton of take out and delivery.

Alright lets say the market turns here and goes down. Today is Aug 4 and we have I think to Aug 12 to buy POWI for a rare " 2 for 1 split! ". I'll double check my info... but when earnings came in for POWI they weren't great they weren't bad but they did announce that rarity a 2 for 1! Oh how we used to fish for these in the old go go days of the Internet Stocks... The two for one spit was a real phenomena and it shaped some stocks entirely by allowing a new group of investors to get in at a price they could actually afford!!!

Our whole market needs this... Apple etc all these high priced stocks... Instead we have created fractions and Index funds and all these fake ways which give no real heft to the individual investor.. I'd like a slice of TESLA Schwab Pie please... What .7 shares... that's .7 of 1 share....

2 for 1's - I LOVED THEM! ... and then they stopped. Sometime in the 1990's they just stopped.

This is the first 2-for-1 split I have heard about in many a moon and it got NO PRESS I dug it out of the POWI earnings transcript. So Shhhhhhh. Keep it to yourselves. We watch POWI here who had good numbers and more excitedly are putting their semiconductors into electric vehicles and forklifts and buses...
Kind of in the right place world wise, an IDEA For Now in that way... So POWI is $121 currently lets say the market goes down here) ) ) POWI has a Double bottom @ $115<--- & $109-$111 is Ultimate Support. //Watch POWI. A buy at $116-$118 in the next few days...
will turn into a $58 stock highly affordable by the masses... and you will have twice the shares...

I admit it helps for the stock to be extremely well known. A stock folks have been clammering about... However enough hedge funds play with this name that it should go back up anyway.

In the old days these names used to go back on up and reclaim their highs and the lucky few who were in before the split had all those free shares. I did this MANY times. This could turn out to be an amazing trade. $58----> Back to $90+ with a 2 for 1 kicker....~stoney
 
RE: POWI Split)

...
Finally, as noted in our press release, our Board has approved a two-for-one stock split in the form of a stock dividend with one share of common stock to be issued for each outstanding share.

The additional shares will be distributed on August 18 to stockholders of record as of August 14.

We have 10 days...
 
2 year chart of Gap stores = $24 level.
1 year chart of Gap Stores = $17 level
COVID RESPONSE = $17->$7
COVID BOUNCE $7->$13

GPS Currently $ 13.00.

So we can see Gap was is big trouble before this mess...down $10 pr share to $17 now with a bare retail landscape full of weakened competitors of less competitors overall that $17 seems like an attainable price.
 
SHAK has been in a 1 month correction. $55-$50 This is into some level of support a low made on 5/13 May 13 was $47.60 area.

This was also a level the stk dived from on 3/9 So $48 May Be The Price We want

2/20 before Covid they were riding high (too high) at $75! So The Covid slide went to aforementioned $47 level bounced for a second and dived lower. Bottomed out in the $30's.

$63 would be my target. Recovery high June 8 and a point of failure on 2/25.
 
Portfolio Position Leidos reports-
Leidos (LDOS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 44.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Ok Revenue may be a problem they slightly missed//It gets confusing...
Leidos raises FY20 EPS view to $5.25-$5.55 from $5.00-$5.30, consensus $5.24 06:06

So they raised EPS but
LDOS
Lowers FY20 revenue guidance to $12.2B-$12.6B from $12.5B-$12.9B, consensus $12.69B.

Lets see how it plays out...
 
It's actually trying hard Van... VMC Over $120.

AQUA) + 7%
EVOQUA WATR TEC (AQUA) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.14, delivering a surprise of 27.27%.

I'm liking TJX & SHAK best at the moment.... With Sony, AMD not far behind.

Watching AQUA:Over the last four quarters, the company has surpassed consensus EPS estimates three times. What's not to like? AQUA $20.99
 
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