Technically the stock does not look all that great, but take a look at a few stats:
This recent IPO is expected to grow 84% this year and 75% the next five (per annuum). The company blew away numbers a while back, but got dragged down by the Chinese market.
The company expects to earn .92 cents/share this year, and I believe could easily earn a buck. Given it current mutliple, meaning P/E, that would put the stock well over $20 bucks.
And if the multiple would reflect it’s growth rate, I see the stock trading north of $40.
Now with China raising gas and diesil prices, I see this benefiting [[GU]] tremendously, as the company is focused on biodiesel.
Just my thoughts.
Disclaimer: Long GU
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