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Clean Energy Fuels has 89.86 million shares outstanding with 17.01 million shares or 18.9% of shares o/s Short as of 04/30/2014 per yahoo finance. Pickens & Littlefair (ceo) hold huge amounts of shares and are not selling, the mutual funds hold huge amounts of shares and they will sell although only for the right price. The amount of shares showing as traded daily is misleading as some percent of shares traded daily are traded more than once each day so it will be difficult for the SHORTS to exit their short positions and the Clean price will be up. Expect more (ANNONYMOUS) articles in places like Seeking Alpha trashing the financial position of Clean, and trashing Clean in any way they can, they are trying to get people to sell their long positions. I will be adding to my position at any price much below $10.
It will be interesting to see what the amount of shares short are as of May 30, 2014.
Read Jason's article with Littlefair 05/11/2014 for solid information of the relationship of the price of Nat Gas related to the price of Oil which compete with each other on price, at least over the long term. Nat Gas has a huge advantage. Don't listen to any nonsense from Shorts.
LONG Clean Energy Fuels
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