Sunday, July 11, 2010 9:09:11 PM
Your guess is as good as mine, but I'd be somewhat surprised (and disappointed) if we don't get something this week.
I saw a post over on Yahoo that the editor of Biofuels Digest is having coffee with Syntroleum Mgt on Tuesday. If they end up doing a story, I'd find it odd if the company did not lead with their own PR first.
As far as price action, I'm thinking we should see the $2-3 range on a plant completion PR, then $4-5 on a solid contract/startup PR. That's kind of what I'm looking for the rest of this year.
Next year, think this could really take off if the follow-on plants come into play and there is more activity with China. Hard to speculate on where we could go, but I don't think $10 per share is out of the realm if the right kind of business developments occur. I think this company has a legitimate shot at being the "Cisco" of the biofuels industry.
All JMO. I'm planning on being a holder for at least the next 18 months if things continue to develop positively.
GLTU,
Murocman
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