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STKL

Started by eliteG, April 27, 2006, 01:29:19 AM

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eliteG


As of 8:42am.. STKL printed 11.50 pre-market.. thats what we call a squeeze jump  >:D  All-time high for STKL!  Enjoy.  :)

cache00

STKL already trading @ $12 in PM. Nice volume G, short covering should take us to $13 or more today.  STKL rocks!

Amarens

Congrats to all still holding!

Amarens

cache00

Amarens, this ride is just starting. Biggest volume in over a year.  ;D

eliteG



update STKL:


This was an extremely tough call this evening.. instead of selling STKL with our nice gain here we will give it an extremely tight stop assuring us a gain of at least 20%.. and giving STKL a bit of room to continue its run.

The volume today is extreme but it came on the day that STKL broke to new all-time highs.. which balances this out.  The stock continues to run with the ethanol plays.. and we dont mind although ethanol is a small part of their business(as far as the comapny says so far..)

Another reason we considered a sell at these levels is that we are near a fibonacci extension target(138.2%).. and the FOMC coming up.. but lets not kill this feeding frenzy right off the bat.  The market is always right and I hope it wants a nice gap and run tomorrow.  8)

------
Position: bought STKL @ 9.65 on 4/27/2006
Order: Hold
Exit: stop @ 11.60
Target: n/a
------

DannyOhad

Sold!!!!  ;D

Another great story for the 3SOF archive!!!

snowcat

13:44  STKL SunOpta: Ethanol is no longer call option - Canaccord Adams (11.47 -0.30) 

Canaccord Adams notes that STKL has risen approximately 16% in May. While STKL recently reported a solid Q1, they think much of the recent share performance can be attributed to ethanol speculation, and perhaps some short covering (STKL had 4.8 mln shares short in April). They note that STKL's steam explosion process, which can produce ethanol from biomass (corn stalks to grass clippings), is less than 1% of total revenue and does not contribute profit. The group's revenue for the latest quarter was $996,000, and operating earnings were negative $1.8 mln. Their $11 12- to 18-month price tgt places no value on the ethanol opportunity given that the process has not been proven to be economically viable, and they forecast no profit contribution in any of their estimates. However, given the ethanol interest across Wall Street, industry, government, and even Main Street, they think there is certainly some value in the steam explosion business, and the market has already begun to factor an ethanol valuation into STKL's market cap. At STKL's current share price, they estimate that investors are paying approximately $125M, or just over $2 per share, for the ethanol opportunity.

Also  talk of lifting the tariff on Sugar Ethanol may hurt these stox

eliteG

#37

Trade Closed STKL

------
Begin: bought STKL @ 9.65 on 04/27/2006
End: sold STKL @ 11.58 on 05/09/2006
Gain(Loss): +20.00%
Trading Days: 09
-----

Trade Notes:

-We bought this stock 3 cents from the low of day(4/27), right above support
-climbed straight up to 52 week high
-earnings release(5/2) had an intial negative reaction(after-market down 7%)
-stock reversed before open and next day was only down 3%
-setup a squeeze type move and burst to all time highs
-volume was extreme and we decided to place a tight stop
-stop hit and we take home 20%

What a battle on this one!  Any stock making an all-time high has to stay on the watchlist.  It will be interesting to see what STKL can do from this point on.  Heavy volume again today may indicate a lot of support at these upper levels.

422fwhp

Take a gander...  :o

Up on recent news:  SunOpta to Sell Ethanol Plant in China

http://biz.yahoo.com/ap/060623/sunopta_contract.html?.v=1


jorgegr

#39
This one in positively active again

Rally after earnings :   
http://biz.yahoo.com/ap/060803/earns_sunopta.html?.v=1   


ALSO :

SunOpta Announces System Sale to Celunol
Thursday August 3, 4:33 pm ET
TORONTO--(BUSINESS WIRE)--Aug. 3, 2006--SunOpta Inc. (SunOpta or the Company) (Nasdaq:STKL - News; TSX:SOY - News) today announced that the company has sold a continuous process system, including SunOpta's patented and proprietary biomass conversion technology, to Celunol (formerly BC International) for Celunol's cellulosic ethanol commercial demonstration facility in Jennings, Louisiana. Terms of the sale were not disclosed.      
The SunOpta Bioprocess Group has been designing, building, and optimizing biomass conversion plants for over thirty years. End products include cellulosic ethanol, cellulosic butanol, xylitol, and dietary fibre for human consumption. Raw materials include wheat straw, corn stover, grasses, oat hulls, wood chips, and sugarcane bagasse.
Celunol Corp. (www.celunol.com) is a privately held company headquartered in Dedham, Massachusetts moving rapidly to commercialize its proprietary technology for producing ethanol from a wide array of cellulosic biomass feedstocks--including bagasse, agricultural waste, wood products and dedicated energy crops. The company is currently completing an expansion of its existing pilot facility and is moving forward to construct a demonstration plant based on its technology later this year. Celunol aspires to develop and build a portfolio of ethanol facilities in the U.S. and abroad. Shareholders in the company include Braemar Energy Ventures, Charles River Ventures, Khosla Ventures, and Rho Capital Partners.
Murray Burke, Vice President and General Manager of SunOpta's BioProcess Group, commented, "The combination of SunOpta and Celunol process technologies will lead to a very competitive solution for producing cellulosic ethanol from various biomass substrates. We are excited to be working with Celunol on the first commercial cellulosic ethanol plant in the United States and look forward to the massive grow out in this market."
Carlos Riva, President and Chief Executive Officer of Celunol, noted the advantages of acquiring the SunOpta technology, "Incorporating SunOpta's biomass pretreatment system into our proprietary process will further enhance the operating efficiencies of our Jennings facility, and will advance the rapid commercialization of Celunol's cellulosic ethanol technology."

Good luck to all invested in STKL

jorgegr

jorgegr

Let's go STKL
Suport at 8.88 and resistance at 9.49

la-onda

SunOpta Names Bromley As Chief Executive
Friday January 5, 8:27 am ET
SunOpta Names Steve Bromley As Chief Executive, Succeeding Jeremy Kendall

NEW YORK (AP) -- SunOpta Inc., which makes and sells natural and organic foods as well as abrasives for various construction industries, on Friday said it named Steve Bromley as chief executive, effective Feb. 1.

Bromley, 46, currently serves as president and chief operating officer and will retain his president title.

He succeeds Jeremy Kendall, 66, who will remain as chairman of SunOpta and its subsidiaries and will be involved in strategic planning and business development with senior management on a reduced schedule.

setravis

updated chart look.......
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis