FF Futurefuel Corp

$FF anyone on this board. stock has completely taken by the earnings gain. Q3 will be a blowout so im not sure what explains this current weakness

$FF well, we either bounce from here or target 4.58 for the 61.8% retracement of the entire move. A bounce from here would be a nice bottom of the cup formation, and give us time to build the right rim leading into reconstitution day end of October(2x a year now). Would leave a week and a half to earnings to form the left side of a handle as well. The other path leading to 4.58 would technically invalidate the current Elliot wave structure, possibly leading to a longer correction. I guess if i was an accumulating institution I'd lean toward the latter. I think we see a bounce after the market figures out the whole cutting diesel exports is an even worse idea than paying high fuel prices. No margin and years to go, they can choose whichever tickles their fancy. Im just enjoying watching their accumulation, markup, and distribution game over and over. Heres hoping this after hours 5.07 is the new double bottom along with the 5.06 from a few weeks ago. Long ff dyodd nafa

$FF Q2 they had 70 days run time in the biodiesel segment, produced 8.4 m gallons, at 56% utilization for the full quarter. Factoring in the 3 weeks of fire downtime, that equates to 72.8% actual utilization during their uptime. Id like to assume they exited q2 with a 75% utilization as they ramped up. At 75%, theyll produce 11.34 million gallons for a qoq volume growth of 35% and $15.88 million in gross income. At 85%, it equates to $87.38 million revenue and those numbers grow to 12.85 million, 53%, and $17.99 million. I think the 85% is an attainable target. Using that number and assuming chemicals keep growing sequentially qoq as they have been and using the q2 margins of 18.2% to be safe, i think they could reach 32 million revenue and 6.2 million gross income for chemicals. Together, that equates to 119.38 million revenue, which would be a record. .26-47c eps depending on 45z math. This math also doesnt account for any refined glycerin revenue. Anyone see any holes in my logic?