GoodFellas Big Board Catalyst and Chart Plays

[hebercreeper]

REGI- GoodFellas, read this 8-k if you haven't yet as it pertains to retroactive $1 per gallon tax credit. REGI and SYNM going to be some big winners in 2013.

http://sec.gov/Archives/edgar/data/1463258/000119312513006898/d464584d8k.htm

On January 3, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012, which reinstated a set of tax extender items including the reinstatement of the federal biodiesel blenders tax credit for 2013 and retroactively reinstated credit for 2012. The retroactive credit for 2012 is estimated to result in a net payment to Renewable Energy Group, Inc. (the “Company”) equal to approximately one-third of the number of 2012 gallons sold. Because there are practically no associated costs, the payment will increase the Company’s pre-tax operating earnings and EBITDA by a similar amount. As previously disclosed, the Company was not operating with the expectation that the credit would be in place although it has conducted its business in a manner which would create attractive incremental economics if the credit was reinstated. The Company currently expects the credit to be recognized as revenue for the first quarter of 2013.
REG expects to report fourth quarter and full year 2012 results in early March.