Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I am a believer in what Solazyme has to offer, too. I especially like this biofuel player because they have revenue streams in other outlets besides fuel (cosmetics, foods, etc). The recent news of their new hire gives me hope that they have big growth plans in their new future.

It's still a young stock so it's kind of hard to value it. It's value is what the market will pay, right? I think we'll get a better understanding of its value once there's been a few earnings reports and guidance. I am eager for the 4th of August and their first earnings call to come.

For downside protection, and to lower my initial buy in price, I've been selling covered call options on my shares and buying them back as the price dips. I've also got some SEP $25 call options in my portfolio to benefit on any huge upswing in the near term past the strike price. It's a new strategy for me and I'm hopeful it is beneficial in the near term.

I'm really optimistic about this industry and this companies ability to succeed in it. I'm glad to meet a fellow Fool! I hope to see more posts on this board from more Fools.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.