I am very bullish on the guidance $PESI is likely to provide this week and expect the stock to move significantly higher. Looks like Craig Hallum agrees:
Woah, massive $PESI news out tonight...
DOE breaks ground on new cleanup system at Hanford Site - Elkhorn Media Group
elkhornmediagroup.com/doe-br…
One of the reasons that Brazil started to take a lot of the ethanol export volume was a sharp appreciation in the Brazilian Real which leads Brazilian producers to favor ethanol vs sugar production. The sharp depreciation in the Real following the election will reverse this and lead to greater sugar production moving forward. Very bullish for $ALTO and $GPRE.
Look at slide 15: d1io3yog0oux5.cloudfront.net…
$PESI
Why a $MNRO sale is likely imminent:
The quarter after the Chairman, Solomon,received millions of shares in exchange for giving up his right to veto a sale of the company - the company initiated a strategic review that was in "preliminary stages." Last quarter that changed to "well underway" and the "financial and legal advisors" became "independent financial advisors Bank of America and Solomon Partners."
In regards to valuation. The CEO has a comp package that essentially doubles his outstanding shares if the stock hits $25 and triples them if the stock hits $30.
An announcement of a sale of $MNRO appears to be imminent (before year end) especially since Icahn just closed on Pep Boys sale to Mavis and a sale price of $MNRO of at least $25 but possibly $30+ seems probable.









