I think the one person who bought 100 shares at 100 was a moron and deserves to lose $3000 for stupidity sake. Then again, I fell for this scam. Except I was in and out in about 5 minutes and made a few bucks.
Phew....it was before the CNBC disclosure.
just wait for it to hit 100.. since that was the price target before the buyout rumor anyway... or average down... but all of this leads me to believe something is afoot and something big is going to happen in the near future...
Sell SODA @ $100 and make a bundle.
Buy SZYM @ $11.65 and make a bundle.
Solazyme, Inc. (SZYM), incorporated on March 31, 2003 and IPO in 2011. Solazyme makes oil. The Company’s technology transforms a range of plant-based sugars into oils. Its renewable products can replace or enhance oils derived from the world’s three existing sources-petroleum, plants and animal fats. The Company is focused on commercializing its products into three target markets: fuels and chemicals, nutrition, and skin and personal care.
The Company is engaged in development activities with multiple partners, including ADM, Bunge Roquette, Chevron U.S.A. Inc., through its division Chevron Technology Ventures (Chevron), The Dow Chemical Company (Dow), Mitsui, Qantas Airways Limited (Qantas) and Conopoco, Inc., doing business as Unilever (Unilever).
In Fuels and Chemicals market its renewable oils can be refined and sold as drop-in replacements for marine, motor vehicle and jet fuels, as well as replacements for chemicals that are traditionally derived from petroleum or other conventional oils. The Company work with its refining partner Honeywell UOP to produce Soladiesel (renewable diesel), Soladiesel renewable diesel for United States Naval vessels, and Solajet renewable jet fuel for both military and commercial application testing. In nutrition market the Company has developed microalgae-based food ingredients, including oils and powders that enhance the nutritional profile and functionality of food products while reducing costs for consumer packaged goods (CPG) companies. In Skin and Personal Care market the Company hs developed a portfolio of branded microalgae-based products. Its ingredient is Alguronic Acid, which the Company has formulated into a range of skin care products with anti-aging benefits. The Company is also developing algal oils as replacements for the oils used in skin and personal care products