Greenlane Renewables Inc T.GRN

Alternate Symbol(s): GRNWF

Energy Technology

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus biogas desulfurization technology. It has delivered over 140 biogas upgrading systems into 19 countries, including some of the renewable natural gas production facilities in the world.

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Greenlane Renewables Inc > Possible Endgames

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Comment by BCdudeon Nov 26, 2020 12:22am

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Post# 31976413

RE:RE:RE:RE:Possible Endgames

Yeah, I suck as a trader too, which is why I buy low and then hang tight -- unless there's good reason to sell. Bought GRN at $0.34 and don't plan to sell unless ... well, it goes on a run like Facedrive and I'm forced to sell when it hits $28.00 ($2.3 billion market cap). And to think FD did this on $500k in revenue and a $9 million loss! LOL Absolutely bloody ridiculous.

Seriously, though I would never count on something ridiculous like this happening to GRN, but it is in the right sector for nutty things to happen if momentum begins to build. This is one reason I won't sell GRN on the run-up unless it's clear the tide has turned.

I never would have picked $28.00 as the top for Facedrive, but I would have happily sold a few dollars below that when the momentum stopped.

Canoutchie wrote:
I've been holding XBC and GRN for the better part of a year. I tried trading in and out of Xebec late last Spring, only to find myself having to chase the stock to get back in, which tells me that I'm a lousy trader... so I will have to learn to stomach the volatility on these stocks... 40% runups and 30% pullbacks have happened throughout this year.

I seriously thought about selling this stock (GRN), as the price climbed over $1, because the volatility can leave me queasy at times... which prompted my mind to explore the possible endgame for this stock, or where it could be in a year from now.

I think several more states and a few European countries will be announcing projects in the near future, with Greenlane as a beneficiary, especially now that a renewed emphasis on RNG is front and centre. Given the potential for new business, a market cap for GRN of $200 to $300 million seems entirely possible... which implies there is still upside to be had in this stock.

So, to conclude, I didn't sell shares today, because I'm a lousy trader, and there appears to be more upside potential, eventually; but it did prompt me to think of a possible endgame, and where this stock might be a year from now.

As state and provincial budgets get drawn up, early in 2021, and with a new administration in Washington starting next year, I've got to think that several new initiatives will be forthcoming in the next 12 to 18 months. We shall see!
GLTA As state and provincial budgets get