Gevo, Inc. (NASDAQ: GEVO)
Gevo has had a rough time in the market over the past couple of months, and with no news available for investors, I’m starting to get inundated with emails. It seems like investors want an update. However, there’s a good reason we’re not seeing news right now. Today, we’ll talk about that reason, why patience is a virtue, and what I’m expecting from GEVO ahead.
Have Patience With GEVO
As mentioned above, I’ve received several emails over the past couple of weeks asking me if I had any updates with regard to Gevo. The answer? Well… no, I don’t. However, there’s a good reason for that.
GEVO is scheduled to report its earnings on November 3rd. That’s just days away. In general, we’ll see a blackout period in press releases and things of that nature prior to earnings releases. These periods can last weeks, or even more than a month. Nonetheless, it doesn’t mean that something is wrong, it simply means that the company is preparing to release earnings.
Why Now May Be A Great Time To Get In On The Stock
Because GEVO hasn’t released much news as of late, we’ve seen steady declines in the value of the stock, as investors are left scratching their heads and wondering what’s happening. However, this presents a bit of a compelling opportunity.
At the end of the day, there’s a good reason that Gevo hasn’t released any news recently. This doesn’t discount previous accomplishments by the company, nor the fact that many analysts seem to be undermining revenue forecasts this quarter, especially with isobutanol blends now in the market.
With that said, I’m expecting the report to be relatively positive. Ultimately, this will refuel investors and likely send Gevo shares soaring. However, we also know that the company needs to raise more capital. If they do so in a way that dilutes shares, at the same time as releasing earnings, things could go bad quickly.
What I’m Expecting To See Ahead
Moving forward, I have a relatively bullish opinion of what we can expect to see from GEVO. While the stock is trading at lows at the moment, I believe that we’re going to see very good news come November 3rd. Also, in the near term, the company will likely face volatility as fund-raising efforts are necessary. Nonetheless, in the long run, GEVO is likely to climb!
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