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Dutch1

02/16/18 11:16 AM

#45598 RE: RussTheBus #45597

I think we did hit the bottom indeed. Might move back up a few cents, waiting for what will happen next.
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Harry Winston

02/16/18 11:26 AM

#45600 RE: RussTheBus #45597

IMHO, there's very little downside and a lot of upside from here.

Also IMHO, whoever is selling the GERS shares at sub-10¢ prices has to be doing it because they're desperate to sell and leave town. The good news is very good (a trip to the appeals court plus favorable tax treatment for 2017 biodiesel production), and there's a lot of this good news.

The bill retroactively extends tax credits for biodiesel, advanced biofuels and fuel-cell vehicles through the end of 2017. Industry lobbyists had unsuccessfully fought to get many of these measures included in the tax overhaul bill passed by Congress in December. They could still face resistance in the House.


This particular feature of the spending bill stayed in the legislation when it passed the House. It was in the bill that the President signed into law, also.