Clean Energy (CLNE)

[dude iligence]

It could go up or down. TB might do some more estate planning and dump a few million shares. Plus the Cayman Boyz have 5.7 mil shares that they could dump at anytime.

A month ago CLNE was $2.7s on Aug 10 it gapped up huge on earnings report. What did the Cayman Boyz do? Immediately dump 1 mil shares that day before the run even started. These guys are not the brightest Dilution Kings on the Planet. So CLNE then ran well above the 200ma and the 50ma to $4.5 pulled back slightly went sideways. It then came back and retested $4.5. News came out at the right time breaking it above $4.5s. Then TB started dumping shares. He couldn't picked a worse time. This is like pushing the throttles up on a speed boat then throwing the anchor off the back just before you get up on plane. So here it sits $4.6s limping along. Check out the accumulation line. Was upward right up until TBs dumping spree. I think they call that leadership by example. CLNE has a history of sharp pullbacks after a run. It has not had a pullback. A retest of the 50ma would be healthy at this point. If the price were to move higher the chart will start to look like its made of tooth picks. The Cayman Boyz are thinking that right about now after TB took a crap in the punch bowl.