you have 3 potential events that will add additional price spikes. alluded to in the gov'ts conference call, there may be add'l money for pilot plant in La. an announcement that there is would spike pps. a good conference call monday night another spike, and an announcement that gov't loan guarantee for full scale plant in fla. is secured, JACKPOT!!
i bought at .30, recent jump to .60+ is based on speculation of happy talk coming out of gov't. wait til definitive news comes out.
The ethanol business is only half of their operations. Until the plant in up and running, they will be generating revenue from their growing enzyme business. As other cell ethanol companies come into the market, they will need vereniums enzymes to operate. Verenium has already made it clear that they are excited about their growth in the enzyme business. I don't know when they will turn a profit but there is no way this company if folding before the plant comes online. IMHO