Biofuel Energy Corp (NASDAQ:BIOF)

CAPS Rating: 1 out of 5

The Company is considered development stage as its only asset is its investment in Energy LLC. The Company's plan is to become an ethanol producer in the United States.

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Member Avatar OklaBoston (68.73) Submitted: 4/19/2014 10:06:23 AM : Outperform Start Price: $7.70 BIOF Score: +13.41

Debt level probably to blame for this having been under $10 for so long. But insider ownership over 60% and holding steady plus good Q/Q numbers make the breakout on the charts credible to me.

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Member Avatar modestus1 (< 20) Submitted: 4/17/2014 8:20:25 PM : Outperform Start Price: $7.70 BIOF Score: +13.41

EV/EBITDA < 1

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Member Avatar TSIF (99.96) Submitted: 4/17/2014 4:26:13 PM : Underperform Start Price: $8.23 BIOF Score: -6.02

I took the short side of a Biofuel Energy spike in March, riding it back down from $7.30 to $5.20 in a week. Sometimes going back to the pump too many times will burn you as real news is sometimes hiding under the fumes.

Biofuel remains a low float company that is easy to set into motion by traders, speculators, day traders, computer trading, etc..... the last pop only a few weeks ago was partially field by Billionaire investor Einhorn who is prompting Biofuel to buy two real estate companies and use their tax loss credits. NOL's can have some value, but I've rarely seen them effectively used and how they are carried on the books leads to scrutiny at times.

I think there may be news at some point for nearly bankrupt Biofuel, but it won't be a $8 news, or $7 news or even $6 news....looking for a bleed off. Sometimes these trades are 2-3 days....going into a long weekend may cool this one faster.

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Last pitch from a few weeks ago...may still be valid.
The 132% gain in Biofuel Energy Corp looks like it might be a 2-3 day rise and I'm somewhere in the middle of it. Float is very small (2.23M) and Biofuel has always been a dangerous short.
This is one where after reverse splits, I question the integrity of the data. 5.34M shares outstanding, 2.23M shares float..traded today...18M shares. Yes, I know shorts cover and reup..try finding enough shares to make this meaningful. I know daytraders buy/sell/buy/sell....but 10 times each? Something rotten on these that have done reverse splits...but anyway back to the news.

Activists David Einhorn (GLRE) Greenlight Capital took a larger stake in biofuel energy and "suggested" they buy equity in two real estate developer companies, JBGL Capital and JBGL Builder Finance for $275M.
This was published by some news feeds that Einhorn/Greenlight were making an offer on Biofuel...not apparently so. It appears they want to force Biofuel to buy some of their assets. Not only does that seem unethical, (I know who cares about ethics anyway), but:

1. Why would Biofuel want real estate developers (I guess tax breaks and because current business model is not working.)
2. Where would they get $275M?
3. How many lawyers will it take to sort this out, class action suites, etc...(retorical question).

At any rate...even IF someting along this line happens why would Biofuel be worth 132% more with new debt and dubious new holdings...,

CUZ Einhorn says so??

Somebody in that 18M share fiasco cashed out. Somebody else will bag hold. I know know if this will be a two day affair as these often are or if someone will write a hit piece and wake enough sheep up...eitherway...I'm biting....down....

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Credit for MEGA for pointing out the NOL's last time I pitched it.
Credit to MrMonopoly who pointed out this link on the NOL's for those new and curios, or those who need nap time material.
BioFuel Energy Moves To Preserve Net Operating Loss Carryforwards By Adopting Shareholder Rights Plan
http://www.sys-con.com/node/3032464

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Member Avatar TommyCount (44.74) Submitted: 4/17/2014 10:43:08 AM : Outperform Start Price: $7.00 BIOF Score: +24.71

speculation on corporate transactions

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Member Avatar NYSEDAYTRADERS (< 20) Submitted: 3/1/2014 11:52:55 AM : Underperform Start Price: $2.90 BIOF Score: -201.40

BIOF was forced to sell its two ethanol plants to GPRE, Creditors wanted out and to get as much money back as possible. Also BIOF is still in the hole. It is unclear how sustainable their business will be.

PEIX however is in the polar opposite position. They have bought back the plants they lost years ago (bankruptcy).

GPRE is also in a favorable position.

Bottom line, Any ethanol stock is better than BIOF.

I would recommend a short if you can stomach the general risks of shorting.

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Member Avatar bIlluminati (30.14) Submitted: 1/2/2014 10:38:48 AM : Underperform Start Price: $1.72 BIOF Score: -408.76

Unprofitable. Likely to remain that way. Subsidies may be cut.

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Member Avatar stockmktdouble (20.89) Submitted: 4/19/2013 12:37:09 AM : Underperform Start Price: $3.90 BIOF Score: -104.58

going bankrupt

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Member Avatar mkocolos (< 20) Submitted: 2/17/2013 9:34:59 PM : Underperform Start Price: $7.10 BIOF Score: -0.53

Fundamentals of corn ethanol production are still not favorable. Corn futures prices remain over $7/bushel, making profits difficult even with recent uptick in ethanol futures prices.

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Member Avatar DeeMichael (< 20) Submitted: 1/5/2013 11:37:13 AM : Outperform Start Price: $4.60 BIOF Score: +62.30

As America looks for alternative clean energy sources, I think investor interest will increase for BIOF. Already up over 600% since 2009.

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Member Avatar foralia1 (< 20) Submitted: 10/27/2012 4:12:25 AM : Outperform Start Price: $6.36 BIOF Score: +5.68

This stock did quite well last year from Sep to Dec.

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Member Avatar SnarkyApple (24.32) Submitted: 9/13/2012 3:58:05 PM : Underperform Start Price: $6.36 BIOF Score: -10.07

Looks like market manipulation.

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Member Avatar dlimvestments (< 20) Submitted: 4/10/2012 11:36:55 PM : Outperform Start Price: $12.00 BIOF Score: -63.56


the demand for ethanol is increasing

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Member Avatar stockmarketdoubl (< 20) Submitted: 2/1/2012 12:55:22 PM : Outperform Start Price: $12.94 BIOF Score: -73.38

BIOF a good trading stock right now between .61 and .68
http://stockmarketdouble.blogspot.com/

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Member Avatar sami2002 (< 20) Submitted: 1/25/2012 9:53:48 AM : Outperform Start Price: $13.00 BIOF Score: -75.83

Will definitely hit $2-$2.15 by the last qtr of 2012.

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Member Avatar BACnumber1 (< 20) Submitted: 4/27/2011 4:57:14 AM : Outperform Start Price: $13.60 BIOF Score: -79.08

I don't like ethanol companies, but at BIOF's price, I like it somewhat. I think it could go up 25% by mid 2012.

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Member Avatar cheme1910 (71.82) Submitted: 3/28/2011 7:10:07 PM : Outperform Start Price: $16.20 BIOF Score: -89.26

Biofuel Energy owns and operates two large corn dry grind ethanol plants in the Midwest, one in Nebraska and one in Minnesota. BIOF is a company that went through their construction and startup phases when the corn and ethanol markets turned ugly in late 2008 through early 2010. They survived when many failed. They also recently went through a successful stock offering that allowed them to pay off a bridge loan as well as restructure and pay off some of their long term debt. The fact they were able to pull that off as a pure play ethanol company in today's debt market is impressive all by itself. I think $0.80 for the stock is a pretty good floor given the stock offering price and details. I also think that if they survive, no guarantees here, the stock price will definitely climb. Fundamentally this is a bit of a long term flyer, but I think it is worth the risk.

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Member Avatar SlimboJimbo (< 20) Submitted: 2/8/2011 1:06:02 PM : Outperform Start Price: $17.31 BIOF Score: -91.19

Biofuel... the way of the future, bound to explode like EEE, don't know what EEE, look that company up and you will see, this is a must buy stock

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Member Avatar SkidRowYourBoat (< 20) Submitted: 10/27/2010 12:33:34 PM : Outperform Start Price: $43.20 BIOF Score: -139.35

Ethanol is in. Now that there are US mandates....sorry oil lovers, put your emotions aside and realize this is the logical way to go.

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Member Avatar Jedson81 (98.78) Submitted: 9/19/2007 10:10:45 AM : Underperform Start Price: $139.40 BIOF Score: +126.55

Lucky for me the price jumped up enough to go above the market cap long enough for an underperform call.

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Member Avatar peacecindia (< 20) Submitted: 9/16/2007 2:55:31 PM : Outperform Start Price: $142.00 BIOF Score: -127.13

BIOF is supported by Cargill Inc. and are building ethanol plants next to Cargill's silos. BIOF will be a medium to major supplier of alternative fuel in the years to come.

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