NasdaqGM:AMTXOil and Gas
Aemetis (AMTX) Stock Pops As Operating Profit Returns But Cash Risk Lingers
Aemetis stock had already been under pressure over the past quarter, then popped 5.5% to $1.72 after the Q2 release. That one-day relief rally sits on top of a still heavy loss over 90 days, which indicates traders are reacting to a single message. The headline is clear. Revenue reached $62.7m in Q2 and the company reported positive operating income of $5.8m while the net loss narrowed to $9.4m.
The emotional tension is between interest in that margin turnaround and ongoing concern about...