Jesse Livermore is quoted as saying: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!
So let the casino market traders do their best. In the long run the longs will profit handsomely with MBLX. Does anyone remember NUCOR? Great story stock. I believe MBLX has a similar story to develop.
Sentiment: Strong Buy
Shareholders of Metabolix are suing the company, claiming they were misled by executives about a bioplastics business that eventually went bust.
Sentiment: Strong Sell
It's great. Thanks perhaps to your post I was able to pick up another 1,000 shares at the close today.
Sentiment: Strong Buy
Well then, are you waiting for a settlement, a long or a short?
Since your sentiment is a strong sell, you appear to be on the short side.
Which is it? AND, does it matter since the legal actions will all fail?
Sentiment: Strong Buy
Eno seems reluctant to disclose the outcome of his presentation on Monday. You would think that at least somebody would be interested in listening to his pitch.
I suspect that the writer from Forbes was there and listened to his pitch. Why issue a transcript when someone else has already released the summary?
All I want to see from Eno is more information about who's buying and using his products. The fact that he's now shipping product has little meaning unless he has a place to ship it to. Earnings are next month and if they haven't shipped anything more than samples then it will certainly cause fear in some of the weaker hands here; the rest will hold out to see how the Antibioticos relationship works out. If it turns out a success then we may finally send the shorts packing for good; until then, they control the price unless Eno gives us something to fight back with.
Sentiment: Buy