You should have jumped on .25 yesterday. I thought that 59K transaction near the bottom was yours.
Seriously I do think this is a good point to place your bet on a Manufacturing agreement soon.
Just curious, do you find Mr. Shaulson more credible then Eno?
Agree - I have a hard time seeing the Schuler Family injecting $25m into this company only for its stock to go to zero in a few months. Something else is up.
If only I had the psychic powers you attribute to me. To clarify I don't get it right all the time and my pedestal has been known to be below water many times. Don't forget I tipped SZYM and went at slightly below $6. Since then I have averaged down to $4.32. I also sold $2 covered December Shorts when it was slightly above $3 to limit losses and also to allow me to pull back some of the losses.
I went short AXDX at $22.30 and closed out at $19.30. It is still over valued but I will wait to see if there is a spike above $20 before I short again.
I have not shorted MBLX for a while though I have watched it head lower. The 135m of outstanding stock has the value for a speculative stock with a long time before any revenue appears to be still extremely high. I suspect unless there is news before year end it will drift into the next quarterly announcement through January below $0.35. They need to announce a consolidation to comply with the listing rules of trading above $1 for 10 consecutive days over a 6 month period. Compliance has not been met since the 7th July so some consolidation may need to be completed before year end to meet the 6 month deadline. This has already been agreed by stockholders at the last meeting.
I don't hold, nor am I short the stock but I would also not buy it right now either.
Guys, have faith , after they are done filling this so called large order they will bring it back up. We are very close , i have seen it happen too many times and i am not selling one share here!
Been away a while and not surprised this POS stock is on the way back down. Looks like we still have dagiw around, who has consistently been right about MBLX, and the only knowledgeable and sophisticated investor on this message board. I noticed Normey is also still around, and still drinking the Koolaid.
Dagiw - would you mind giving an update on what has happened at MBLX over past few months? Is stock going down to around 20 cents within next 12 months? Any meaningful commercial production in the near term? What's your top stock pick, and who would you be shorting other than MBLX?
Sentiment: Strong Sell
You are referring to this?: "we believe we are on-track to sign a manufacturing agreement during the fourth quarter of 2014 for production startup in later 2015."
Would be great to hear news soon.
The MMs are sure putting on the squeeze this morning. If we get a close above .50 today, u can bet the big news will be here within a few days. This sure looks like the last sweep before takeoff
Sentiment: Strong Buy