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SEC cracking down on PUMP & DUMPS !
https://www.sec.gov/oiea/investor-alerts-bulletins/ia_rumors.html
SEC.gov | Updated Investor Alert: Social Media and Investing -- Stock Rumors
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false rumors and "news"
www.sec.gov
www.sec.gov
How is a direct quote from the company's Press Release.... my opinion???
Bottom line:::
Merely a contract renewal
No new volumes
No additional REDEEM
Please provide a quote or site as I did... otherwise I believe you are wrong
..
WHAT A NICE CHART TODAY....
I AM GUESSING THAT EVERYONE SAW THROUGH THE LAME PR.
"Clean Energy completed the construction of the city’s CNG station in January of 2015 in order to support the transit department. The transit department consumes over 500,000 GGEs per year and the use of CNG has allowed the city to experience nearly a $1 savings for every gallon of fuel."
And the action in the share price today seems to indicate others have seen through the "PR".
An extension / renewal of the 2015 contract.
NOT WHEN YOU TAKE OUT THE FSYS REVENUES!!!
Year on year; quarter on quarter, the trend is NOT positive !
True, they did buy a competitor, and develop the near zero engine...
So you would think that these would have been positive for the share price.
BUT WE ARE AT 10 YEAR LOWS... and oil is UP 100% from its recent lows....
BUT NOT WPRT.
NEW CONTRACT /RENEW CONTRACT.
No new volumes added...
No new growth.
NO NEW VOLUMES!!!
This contract is just a renewal, good , but it doesn't add any new volumes of CNG or REDEEM.
WPRT couldn't make a profit when oil was $100+.
So hoping for a change in oil prices isn't going to help.
Tax-loss selling is a lousy option, but it is better than nothing, which is where WPRT is heading.
Just shorts taking some profits for Christmas shopping....
Wait until the tax loss selling starts...
Sorry for your losses... but you were warned...
Am I bad mouthing, or telling the truth and reporting the facts.
I believe that the real bad mouthing is from those who said everything is fine, and the future is bright.
I assume CLNE knows how to read...are they reading the news from WPRT?
NGV Sales rates are dropping, so CLNE is going to build more stations?
What??? Are they thinking if we build more stations, then WPRT will be able to sell more engines????
That is called a "PUSH", ..and how has that strategy worked so far.
If the plan is to build 19 more capital-consuming, money-losing, negative-ROI-generating stations just to get to a "magic" 100 million gallons, then I am not impressed with this management team either.
Good day
Good call.... very ugly...
Good day...
WHO SAID UNDER $1.00 ???
A NEW 10 YEAR LOW...
GOOD DAY
QUICK !!! Build some more stations !!!!
WPRT sold LESS THAN 2,000 units !!!! Where are all of those new vehicles going to get fueled????
A 29% drop in sales !!!
Does anyone remember the growth curve from Business 101?
After 15 years, isn't the curve supposed to be going UP?
TIME TO PULL THE PLUG !!!
Very limited upside, no management and plenty of downside from here.
NICE EARNINGS !!!!! NOT !!!!
Missed on nearly every critical metric !
CMI/Westport sales only 1,600 !!! Down 29%
We will see this UNDER $1.00 before Christmas, it is dead money that can be used for tax-losses and reinvested someplace real.
As I said last week:
Jack_Bolander Saturday, 11/05/16 10:57:13 AM
Re: None
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of 5548 Go
APOLOGIES ACCEPTED ! YOU ARE WELCOME !
We all know that today was a pretty good day for the market overall... and that CLNE needed to claw back at least some of the 75 cents it lost after the dismal earnings report.
Even with today's "huge" bounce, the trend is heading south, and today's WPRT earnings only reinforces the trend. CMI/Westport unit sales are down 29%, as were most of WPRT's key metrics.
Good day.
If the institution's are buying, then who is selling?
Trump doesn't believe in global warming...UH, OH !
CMI makes a Near Zero Engine (No plural).
Logic says he will support Natural Gas..., but not as a motor fuel.
Everything about Trump's policies is pure speculation and conjecture, so for the time being we have the current reality.
WATCH AND LEARN.....
This will be ugly.
Not as GOOD as ENRON, but still a great SHORT.
DID THE CEO REALLY BUY MORE SHARES WITH HIS OWN MONEY?
Or did he exercise some free options?
ANOTHER VERSION OF THE TRUTH !!
Clean Energy: Incomplete Investment Picture
Nov. 7, 2016 5:30 AM ET|20 comments | About: Clean Energy Fuels Corp. (CLNE)
Stone Fox Capital Stone Fox CapitalFollow(6,290 followers)
Long/short equity, growth at reasonable price, research analyst, deep value
Send Message|Stone Fox Capital
Summary
Clean Energy Fuels reported dismal key growth metrics for Q3.
The company must generate significantly faster growth for the low margin business to reward shareholders.
The investment picture remains too incomplete to warrant taking on the risk.
Last week, Clean Energy Fuels (NASDAQ:CLNE) delivered dismal Q3 results. The key metrics missed estimates and signaled that the growth opportunity is quickly fading away.
Source: Clean Energy website
The stock plunged nearly 18% on the news. Now trading below $3.50, does the Clean Energy offer any reason to hold out hope of the natural gas fuels company.
As my recent research highlighted, the Clean Energy investment story is ultimately about growing gallons delivered. While the company tried to spin the quarterly results as good, the company only grew gallons delivered by a meager 5%. The gallons only grew 1.9% sequentially from 82.0 million.
Source: Clean Energy Q316 earnings release
As usual, management spent the earnings call proclaiming the excitement over the amount of additional fueling stations, but Clean Energy fails to disclose the comp sales figures for the fueling stations. The key to growth and ultimately large profits are the growth in sales from existing stations along with the growth of new stations.
The natural gas fueling company still promotes the new age concept and fails to present the company in the traditional role as a retailer or operator of fueling stations.
Again, the quarterly results are highly difficult to analyze as these Q3 results included a $6.7 million VTEC credit in comparison to nothing last year. The vast improvements in the quarterly loss appears entirely due to the VTEC amounts and the substantially higher shares outstanding.
The key to the investor story remains that Clean Energy generates margins of $0.33 per gallon delivered. In order to overcome a $12.6 million quarterly loss, the natural gas fueling concept needs to grow gallons delivered by over 35 million without growing the SG&A expenses. About the only way to achieve that growth is from expanding sales at existing fueling stations and the basic numbers suggest that isn't occurring.
The key investor takeaway is that due to an incomplete investment picture, the story always appears like a company making progress. The reality is that Clean Energy is growing too slow for a company losing that much money on a quarterly basis.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
It was a Terrible Quarter !!!
Margins are DOWN ! 38+% to 33%
LNG Volumes are DOWN ! 54 to 50.9 ... more than 5.0%
RNG Volumes are DOWN ! 7.7 to 2.3 ... more than 70% !
ONLY 84.5 million gallons delivered ! Way below expectations of 100 million, and a pitiful amount considering CLNE has spent Billions of Dollars and more than 15 years working on natural gas fuels.
Revenues were below analysts expectations !
CLNE has retreated to building new stations on spec, in an effort to boost volumes and revenues, a strategy they had abandoned earlier and admitted internally that is was not successful. How will they pay for these new stations? Not with cash-flow. They will need to use some of the cash reserves on hand, or more likely, another secondary offering.
The reason for the large decrease in the share price after earnings is because this was a very disappointing earnings report, and the change in strategy is seriously troubling.
INSIDER SALES 7 MILLION !!!
INSIDER BUYS....LESS THAN 100,000.
JUST THIS YEAR.
FIRE ANDY...HIRE JONES...
APOLOGIES ACCEPTED ! YOU ARE WELCOME !
In case you have noticed, I am not here "to play games", I am here to make money and warn people about this company.
Don't confuse my mocking nature for my serious contempt for CLNE, and my focus on capturing value.
From $20 to $2, how many Billions in market cap has CLNE given my ilk.
Thank you for your contributions and Good day.
It was a great quarter!! You can tell by how well the share price is doing...
Wall Street just gave CLNE an "F",. CLNE flunked.
pack10 Monday, 10/24/16 09:45:05 AM
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This is going to be a good quarter. Is anyone buying calls?
I AM SOOOO RIGHT….AGAIN!!!!!
If you guys think I was insufferable before...just wait !
Now I have righteous vindication and TRUTH on my side.
WATCH AND LEARN !!!!
We are getting quite the education today...
One important thing I have learned is that we are still building spec stations, in spite of folks and posts saying otherwise.
"The economy just isn't as strong as we are lead to believe. "
"I look forward to 100 million gallons delivered".
Building 19 more stations is throwing good money after bad. Each one of those new stations represents a NEGATIVE ROI.
It also shows that this management team is sticking to their FLAWED AND FATAL business model. Build it and they will come is NOT the correct answer.
NEXT QUARTER... NEXT YEAR... SAME OLD STORY...
I have heard that story for 15 years...
85 million gallons.... laughable.
85 MILLION GALLONS ????
How many BILLIONS have been spent on CNG/LNG infrastructure and ONLY 85 MILLION GALLONS SOLD.
HOW LONG HAVE THESE GUYS BEEN AT IT????
AND ONLY 85 MILLION GALLONS SOLD?
WHAT A GREAT EARNINGS REPORT !!!
85 million gallons????
IMPRESSIVE !!!!
Tomorrow should be a great day...Any guesses on how high we will go ?