If this were an IPO at this stage it would print $7 at the open on potential. Flippers get over yourself as GEVO is attracting investors now since the fall last week.
I have emailed company to see if they would confirm and have not gotten a reply as of tonight. Got original info from tweet early this morning. Not on GMA website either at this point.
Take a look people. 40% growth rate, profitable last year, most revenue is recurring no dilution coming, 59M float, ..
This should be .05 right now and is totally unnoticed. How long will that last...
Some morning it will get the attention from some Momo group and you will buy it at .05-.07...
EGT at $2.06, has 2.12 cash per share.....no debt.. DNAI priced at $1.86 has 4.68 per share cash.... Let me know if you want to learn more.
And you and I probably are not gonna get it... So, buy some... 40 to 50% of your comfortable position and if it drops a little add.... When it cracks back above $2 add...
Horrible undervaluation right now with the cash on hand... I really don't have a top side target but this is one news event away from jumping 50% before the market opens some morning soon.
The quants are trading it and creating a negative trend as weak flippers are easily sent to the sell side with their tail between their legs.. This trend is slowing, vol should drop off tomorrow and accumulation should firm the price right back up quickly.
This is like buying a savings bond but you may wait 7 days rather than 7 years for maturity...
Your DD here should make you a great position trade.
It held $2... I think it migration up should start today.
Many new buyers today and yesterday have stops in place... Guess where? Probably $2. If it hits it may capitulate very quickly.. Be careful with orders at that point, they may become targets that set off a negative flurry.
They now have adverse problem most companies have. Where will it wind up priced at??? I'm not sure but as of this morning I will be procuring a position. Will buy some every day the rest of the week for whatever avg it works out to be. Your DD here could make you some good money.
Rule out idiot bashers right now if you are looking to buy this. Get it on fundamentals alone.... Technicals are shot from carnage yesterday.. This is a compression buy and it will release to the upside in time...
Finally see pricing @ $7. On More than 7M shares. That's what it's worth per company negotiations with syndicate lender.