Lots of jibber jabber here about something going on on that date; did anything happen?
Are we now all millionaires?
pelo says he's going short but he said the same thing at $1.30 and look where that got him... A fast trip to the therapist and another mill in the hole. This company has about six months before we have to start worrying until then I wouldn't short this stock unless I were using pelo's money and then I'd be all in... Go pelo goooo!!! Rah Rah, ROFL
You almost need a translator to translate the google translations but here is the latest (from today's press)
"Two days ago, Gadea Group President, Gerardo Gutierrez, Leon said his company will take antibiotics along with American and German Metabolix Wacker, with projected employment of 240 workers by 2017.Gadea Group President said the operation would take place without talking to the current owner."The company is an undead, give him the death certificate and the remains give birth to a new company," said Gutierrez."
It appears that Gadea, Metabolix and Wacker are working together which sounds like good news for Metabolix... Unfortunately I don't speak Spanish so I'm relying on google's translation and try to interpret the interpretation that it generates.
robear, here is a quote from another source that is also a Google translation: "The USO ensures that on Tuesday May 14, at 14.00, the company introduced Antibiotics SAU voluntary bankruptcy creditors. According to the Workers' Trade Union, the contest was presented in Madrid and was assigned to the Commercial Court No. 10. USE explains that "if we want this game is played in Leon, a creditor need to request the transfer of the contest, as soon possible ", as the court has not admitted Metabolix application for the transfer of the file, not considering them to creditors. So right now, the union is not aware of anyone asking for the removal fence"
IMHO, it appears that Wacker will need to step up to get things rolling.