BioFuel Energy (BIOF) Buys JBGL from Greenlight Capital

Shares of BioFuel Energy (BIOF) are surging by 36% in pre market after the company merged with JBGL, a company owned by Greenlight Capital.

See Also - Top Stocks 2014 - Top Penny Stocks 2014 - Stocks for 2014

BIOFUEL ENERGY CORP. (BIOF) (the "Company") announced today that it has entered into a definitive agreement (the "Agreement") with certain affiliates of Greenlight Capital, Inc. ("Greenlight") and James R. Brickman ("Brickman") pursuant to which the Company will acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP (collectively, "JBGL") from Greenlight and Brickman.  JBGL is a series of real estate entities involved in the purchase and development of land for residential purposes, construction lending and home building operations.  JBGL is currently owned and controlled by Greenlight and Brickman.

Pursuant to the terms of the Agreement, the Company will acquire JBGL for $275 million, payable in cash and Company common stock.  The cash portion of the purchase price will be funded from the proceeds of a $70 million rights offering to be conducted by the Company and approximately $150 million in debt financing provided to the Company by Greenlight.

In response to a proposal from Greenlight and Brickman on March 28, 2014, the board of directors of the Company formed a special committee of independent directors to evaluate the proposed transaction and possible alternatives for the Company.  The Company's board of directors, acting upon the unanimous recommendation of the special committee, approved the transaction, determined to exempt the transaction under the Company's Section 382 rights plan and resolved to recommend that the Company's stockholders vote to approve the transaction and related matters.  The special committee negotiated the terms of the transaction with the assistance of its legal and financial advisors.

David Einhorn, president of Greenlight Capital, Inc. and a director of the Company, said today, "though it is bittersweet that its original business plan did not pan out, I am excited about the transformation of the Company to a well positioned and successful development and homebuilding platform, which will enable it to capitalize on the value of its remaining assets."

Stock Trading June 22, 2012 (BVSN, PCX, VRNG, ALXA, UVXY)

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

I recently started a stock picks group where I share all my stock trades in real time, tell members what stocks I am buying, and give analysis on the stock market. I also highlight key pre market and after hours news and just try to create a daily trading plan so that we can all make money. Most importantly, I share with members the right way to trade so that they can make more winning trades and avoid losing trades.

Below is analysis of my trades from June 18, 2012 - June 22, 2012. I had a 4 out of 6 success rate.

BroadVision, Inc. (BVSN) - BroadVision, Inc. (BVSN) was my first trade of the week. I bought BVSN Monday morning at $13.10 and quickly sold on the pop to $14. BVSN is a great momentum stock to trade as long as there is high volume.

Patriot Coal Corporation (PCX) - Patriot Coal Corporation (PCX) was my best stock trade of the week. On Monday, PCX held the recent 52 week low and then surged up through $1.34 which was the high of the day. I bought PCX at $1.34 and sold the next morning at $1.575. This PCX trade was good for a 15% gain.

BroadVision, Inc. (BVSN) - On June 19, 2012, I tried BVSN again. Bought at $12.42, sold at $12.50. Could have sold much higher but I waited to long and got stopped out.

Vringo (VRNG) - Vringo (VRNG) was my worst trade of the week. I bought a half of position at $4.29, could have sold out multiple times for a minor profit but decided to keep holding. I then averaged down on Thursday at $3.95. I ended up selling out at $3.79 on Friday to clear out all trading positions for the week. I ended up losing about 9% on this trade but as soon as VRNG begins to show signs of life again, I will make this back. Right now, it could go lower. I guess I didn't expect VRNG to drop from $5.40 all the way down below $4 in such a short period of time without a meaningful bounce.

Alexza Pharmaceuticals Inc. (ALXA) - Alexza Pharmaceuticals Inc. (ALXA) was another big trade this week. On Friday I bought ALXA at $3.54 right after the open and quickly sold at $3.80. This stock ended up hitting $4.10 and had a strong close.

ProShares Ultra VIX Short-Term Fut ETF (UVXY) - UVXY was my last trade of the week. I bought UVXY at $12.60 thinking the stock market was going to give back most of the gains right after the open. However, UVXY tripped my $12.30 stop loss order and I ended up losing a small amount.

All in all, we had another good week. Many people were trading Arena Pharmaceuticals, Inc. (ARNA) successfully all week long.

We will be back at it in the Stock Picks Group on Monday -http://www.stockstobuy.org/group/stock-picks

Stock Trading June 15, 2012 (TZA,PCX,FSLR,TNA,KOG)

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

I recently started a stock picks group where I share all my stock trades in real time, tell members what stocks I am buying, and give analysis on the stock market. I also highlight key pre market and after hours news and just try to create a daily trading plan so that we can all make money. Most importantly, I share with members the right way to trade so that they can make more winning trades and avoid losing trades. Below is analysis of my trades from June 11, 2012 - June 15, 2012. I had a 3 out of 5 success rate.

Last week was a light trading week given that we have the Greek elections this weekend and there weren't many momentum stocks.

Direxion Daily Small Cap Bear 3X Shares (TZA) - I bought TZA on Monday morning in pre market at $20.28 after we were slowly giving back the Spain bailout gains. I sold TZA on June 12, 2012 at $22 for a 9% gain. This was my best trade all week.

Patriot Coal Corporation (PCX) - On Tuesday, I tried to catch the bottom in Patriot Coal Corporation (PCX) but this didn't work out. I bought at $1.50 and sold at $1.45 for a minor loss.

First Solar, Inc. (FSLR) - I bought First Solar, Inc. (FSLR) on Wednesday, June 13, 2012 at $14.25. I was trying catch a bounce but I decided to abort the mission at $14.06 for a minor loss.

Direxion Daily Small Cap Bull 3X Shares (TNA) - On Wednesday, I bought TNA at $45.90 and sold at $47.30 a few hours later for a 3% gain. TNA is now $49.

Kodiak Oil & Gas (KOG) - My last trade of the week was KOG. I bought KOG on Wednesday at $7.70 and sold at $7.82 on a minor rally.

With the Greek Elections coming this weekend, I brought my trading to a halt. I really wasn't sure what would happen the last two days of the week but all my long position ( AAPL, KOG, AGQ ) jumped so I didn't miss any upside. On Friday, I missed BVSN by $0.08 at $11.50. The stock later ran into the $13's before pulling back.

We will be back at it in the Stock Picks Group on Monday - http://www.stockstobuy.org/group/stock-picks

Stock Trading June 8, 2012 (TNA,GALE,BPAX,ASTI,FB,TZA,TPX,ROSG )

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

I recently start a stock picks group where I share all my stock trades in real time, tell members what stocks I am buying, and give analysis on the stock market. I also highlight key pre market and after hours news and just try to create a daily trading plan so that we can all make money. Most importantly, I share with members the right way to trade so that they can make more winning trades and avoid losing trades. Below is analysis of my trades from June 4, 2012 - June 8, 2012. I had a 6 out of 8 success rate.

Galena Biopharma, Inc. (GALE) - I bought Galena Biopharma, Inc. (GALE) stock Monday morning at $1.50 and sold at $1.57. This was my first big trade of the week and I was able to take profit on a 5% gain. GALE has since dropped back down and is still on my radar.

Direxion Daily Small Cap Bull 3X Shares (TNA) - Direxion Daily Small Cap Bull 3X Shares (TNA) was bought for a trade on Monday morning at $42.52. I was expecting a bounce in the stock market but I did not know how far up we'd go. I held TNA until Wednesday morning and sold out in pre market at $46.15 ( June 6, 2012 ). This trade earned me an 8% gain.

BioSante Pharmaceuticals, Inc. (BPAX) - BioSante Pharmaceuticals, Inc. (BPAX) was a huge trade on June 5, 2012. I bought BPAX right after the open at $2.81 and sold moments later at $3.04 for an 8% gain.

Ascent Solar Technologies, Inc. (ASTI) - Ascent Solar Technologies, Inc. (ASTI) came out with some hot news regarding a solar iPhone case on June 6, 2012. I bought ASTI in pre market at $1, watched it jump to $1.15, did not sell. I then averaged down at $0.90 with an average of $0.95 combined. I had many chances to sell for a big profit but was to greedy and ended up getting stopped out at $0.90 for a 5% loss. I have since corrected my mistake and moved on. Several people in the stock picks group executed this trade and made a nice profit so I am happy with that.

Facebook (FB) - I bought Facebook (FB) stock June 6, 2012 at $26.35, held it overnight, sold out at $26.70 for a minor 1.5% gain. But hey, a gain is a gain....FB is now $27.25.

Direxion Daily Small Cap Bear 3X Shares (TZA) - I bought TZA on the gap down Thursday, June 7, 2012. The stock market rallied so much so I thought I'd take a shot at $20.42. I ended up selling later on around $20.79 for a 2% gain. TZA ran into the $22's before pulling back on Friday.

Tempur Pedic International Inc. (TPX) - Tempur Pedic International Inc. (TPX) was probably my most annoying trade of the whole week. The stock was severely oversold and I just knew it would bounce at some point. TPX turned into a value stock in the $21's. I bought TPX at $21.85 and set a tight stop down at $21.13. It turns out, I was stopped out at $21.13 which was the second low of the day. After I was stopped out, the stock went on a two day rally and closed at $25.54. on Friday. This trade could have been a monster gain if I just had a little more patience. Oh well!

Rosetta Genomics, Ltd. (ROSG) - Rosetta Genomics, Ltd. (ROSG) helped me end the week on a good note. On Thursday night I alerted my members to watch ROSG for a possible reversal. The stock was oversold and was a previous momentum stock. ROSG gapped below $10 at the open and I ended up buying it on the upswing at $9.90. ROSG then broke through the high of the day, went green, and attracted some more buyers. I sold ROSG at $10.93 about 20 minutes later for a 10% gain. The stock $11.90 before pulling back but I am very happy with this ROSG trade.

We will be back at it in the Stock Picks Group on Monday - http://www.stockstobuy.org/group/stock-picks

Apple Inc. (AAPL) - TravelZoo (TZOO) 6/16/11

Two of the top stocks in my portfolio are Travelzoo Inc. (TZOO) & Apple Inc. (AAPL). Below, I will do stock analysis on both AAPL & TZOO and tell you why I own them.

June 15, 2011 Evening Update

Travelzoo Inc. (TZOO) - Travelzoo Inc. (TZOO) sparked my interest recently after the company saw huge growth in their Local Deals business - http://www.travelzoo.com/local-deals/ - TZOO is producing high quality deals in major cities and is expanding rapidly.

As for the stock, Travelzoo Inc. (TZOO) has been crushed with the weak stock market combined with some long overdue insider selling. When you have a low float like TZOO does, mild selling pressure will cause a large drop in a short amount of time.

Support Levels - $59, $56.95

Resistance Levels - $61-$61.50

TravelZoo stock saw some selling come in near the end of the day. The stock failed near $61 which now becomes resistance. I plan to buy TZOO for a trade on a break above $61.08.

Apple Inc. (AAPL) - Apple Inc. (AAPL) is a stock I like due to the iPhone and iPad. AAPL should be releasing the iPhone 5 in the next 6 months as well as the iPad 3. Growth here is just starting.

As for the stock, Apple Inc. (AAPL) will hit resistance around $330 as well as $338. AAPL will hit some major resistance in the mid $340's when we get back up there. AAPL will have support at $325 as well as $321. These two levels need to hold on a closing basis going forward.

Apple Inc. (AAPL) - TravelZoo (TZOO) 6/15/11

Two of the top stocks in my portfolio are Travelzoo Inc. (TZOO) & Apple Inc. (AAPL). Below, I will do stock analysis on both AAPL & TZOO and tell you why I own them.

June 15, 2011 Evening Update

Travelzoo Inc. (TZOO) - Travelzoo Inc. (TZOO) sparked my interest recently after the company saw huge growth in their Local Deals business - http://www.travelzoo.com/local-deals/ - TZOO is producing high quality deals in major cities and is expanding rapidly.

As for the stock, Travelzoo Inc. (TZOO) has been crushed with the weak stock market combined with some long overdue insider selling. When you have a low float like TZOO does, mild selling pressure will cause a large drop in a short amount of time.

Support Levels - $59, $56.95

Resistance Levels - $61-$61.50

TravelZoo stock saw some selling come in near the end of the day. The stock failed near $61 which now becomes resistance. I plan to buy TZOO for a trade on a break above $61.08.

Apple Inc. (AAPL) - Apple Inc. (AAPL) is a stock I like due to the iPhone and iPad. AAPL should be releasing the iPhone 5 in the next 6 months as well as the iPad 3. Growth here is just starting.

As for the stock, Apple Inc. (AAPL) will hit resistance around $330 as well as $338. AAPL will hit some major resistance in the mid $340's when we get back up there. AAPL will have support at $325 as well as $321. These two levels need to hold on a closing basis going forward.

Apple Inc. (AAPL) - TravelZoo (TZOO) 6/15/11

Two of the top stocks in my portfolio are Travelzoo Inc. (TZOO) & Apple Inc. (AAPL). Below, I will do stock analysis on both AAPL & TZOO and tell you why I own them.

June 15, 2011 Update

Travelzoo Inc. (TZOO) - Travelzoo Inc. (TZOO) sparked my interest recently after the company saw huge growth in their Local Deals business - http://www.travelzoo.com/local-deals/ - TZOO is producing high quality deals in major cities and is expanding rapidly.

As for the stock, Travelzoo Inc. (TZOO) has been crushed with the weak stock market combined with some long overdue insider selling. When you have a low float like TZOO does, mild selling pressure will cause a large drop in a short amount of time.

Support Levels - $56.85

Resistance Levels - $60-$60.50

TravelZoo is on fire so far today but has hit some resistance around $60. The stock broke through $59 which was Tuesday high on strong volume. This is seen as bullish in the short term.

Apple Inc. (AAPL) - Apple Inc. (AAPL) is a stock I like due to the iPhone and iPad. AAPL should be releasing the iPhone 5 in the next 6 months as well as the iPad 3. Growth here is just starting.

As for the stock, Apple Inc. (AAPL) will hit resistance around $330 as well as $338. AAPL will hit some major resistance in the mid $340's when we get back up there. AAPL will have support at $325 as well as $321. These two levels need to hold going forward.

Apple Inc. (AAPL) - TravelZoo (TZOO)

Two of the top stocks in my portfolio are Travelzoo Inc. (TZOO) & Apple Inc. (AAPL). Below, I will do stock analysis on both AAPL & TZOO and tell you why I own them.

Travelzoo Inc. (TZOO) - Travelzoo Inc. (TZOO) sparked my interest recently after the company saw huge growth in their Local Deals business - http://www.travelzoo.com/local-deals/ - TZOO is producing high quality deals in major cities and is expanding rapidly.

As for the stock, Travelzoo Inc. (TZOO) has been crushed with the weak stock market. When you have a low float like TZOO does, panic will cause a large drop in a short amount of time.

Support Levels - $55, $53.21

Resistance Levels - $57, $60.50

On days that TravelZoo sells off, I usually look for a bounce between 1-2pm EST. This has been the trend over the past week.

Apple Inc. (AAPL) - Apple Inc. (AAPL) is a stock I like due to the iPhone and iPad. AAPL should be releasing the iPhone 5 in the next 6 months as well as another iPad. Growth here is just starting.

As for the stock, Apple Inc. (AAPL) will hit resistance around $330 as well as $338. AAPL will hit some major resistance in the mid $340's when we get back up there. AAPL will have support at $325 as well as $321. These two levels need to hold going forward.