zAngus

AEMETIS alternative fuels has gained 4200% over 12 months

Long
zAngus Updated   
NASDAQ:AMTX   Aemetis, Inc
I first posted about Aemetis when it was $1.95 and it looked interesting then. Of course I didn't buy in and it is now sitting at $22.45.

RSI is looking at a reasonably bullish area at 65 and pointing up. Looks like on past history you can ride the RSI into mid 80s before expecting a pullback. I like that it is still a low $20's stock so the retail buyers should find it attractive still.

From their website: Aemetis is an advanced renewable fuels and biochemicals company focused on the production of advanced fuels and chemicals through the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into advanced biorefineries.

Could be worth a look.
Comment:
Nice 14% move before finishing the day up 9%

Comment:
Bit under a 20% move to date.


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