AMTX Aemetis biofuels Investment Tax Credits for dairy digesters producing RNG (renewable natural gas) in Cali for 2024 will be about $50-60m mirroring 2023. India biofuels contracts are about 2x larger in 2024 than 2023 with extra capacity sales to Europe, but Asia market is opening up too. Technically hitting support now on trader shorting and market makers rebalancing from large January call position. AMTX is a buy going into and out of options expiration. Look for a new short squeeze similar to summer 2023.
AMTX Aemetis biofuels Investment Tax Credits for dairy digesters producing RNG (renewable natural gas) in Cali for 2024 will be about $50-60m mirroring 2023. India biofuels contracts are about 2x larger in 2024 than 2023 with extra capacity sales to Europe, but Asia market is opening up too. Technically hitting support now on trader shorting and market makers rebalancing from large January call position. AMTX is a buy going into and out of options expiration. Look for a new short squeeze similar to summer 2023.