Re: "Yes if only MBLX had the 20% of the CROX revenues we would be at 20.. but Alas we have no revenues and are prospects are all pipe dreams...."
Three years ago there was a very good reason that Croxs was only trading at $3 and some thought it was going to go bankrupt.
In comparison Metabolix looks like a real gem... Lots of cash, zero debt, lot of patents (nearly 700), certifications, etc.
When ADM walked away they took a 430 Million Dollar Anchor with them and left M in the perfect position to begin anew.
The shorts don't really have the upper hand because they are playing with fire. The company already has a partner for bio chemicals and they told us "Over the last quarter (Q4/2011), we continued work with our C4 chemicals joint development partner, CJ CheilJedang towards commercialization of the C4 chemicals platform. We are actively involved in site and market analysis, as well as reviewing the feedstock markets"
Now that ADM is out, M is looking for sites that can handle both their bioplastic and biochemical platforms. That isn't something shorts have control of unless they have a man inside. The news is coming and it is simply a matter of time.
The worldwide chemicals market is huge. If M wanted to sell their bioplastic patents and move forward with just their biochemicals they'd probably get several times their current market cap for those patents alone. M is well positioned to begin growth in two very large markets... Again I would love to know what the shorts see that I don't (other than a lot of very optimistic longs :)