so far, none of those 'partners', have produced a nickel.
if they actually produce 3/4 to a M gallons this year, it will be impressive.
why only 1/4 of plant dedicated to ISO? Cash restraints? Showcase working side by side? Lack of demand?
How they handle staying listed, remains to be seen. I wouldn't sell my shares because of going to OTC but not sure i'll have any by that time anyway.
The percent of short interest appears to be normal. Nobody appears to be expecting eminent BK.
The shares are being manipulated. My guess the last shelf buyer is trying to cover or there is indeed darker forces that are trying to prevent the current business model of shelf offerings to raise cash. That could be anybody from Whitebox to BP. Doubtful of either but Whitebox could want to re-finance more money & higher rate. Of course oil folks would like to see BK.
Bottom line, going long high risk-high reward. going short high risk-low reward
gevo closed each day (M-F) at $ .26
4 out 5 days had heavier then normal volume, roughly 85%+ a couple of days
half the volume was traded in "dark pools" (the manipulators tool)
M-F short interest = 72, 48, 59, 47, & 38% or at least what was turned in to FINRA
trying to pretend it's not manipulated?
except for one day premarket, gevo traded flat. higher then normal volume & higher then normal shorting (we hit 74% a couple of days ago)
suppose the German tute that recently bailed was a gift to shortie & may have allowed them extra ammo to keep it flat.
so long for supply & demand, even a pissant stock like gevo is controlled by computer programs
I would guess Whitebox would've thought about Gevo if the patents hadn't been shared with BP. more then likely they will be happy to refinance, with higher interest rates. I suppose if they added another 10M & did the deal early, we'd be back over $2, in that the dilution will have been put off for a year.
being held in a tight range with moderately high volume yesterday, maybe we'll see a couple of pennies while they cover some of those naked shares tomorrow or Monday
piling on the really bad advice
throwing your shares on a ask let's shortie know what he has to cover quickly, not to mention IF great news broke your shares are gone on the cheap
then the trailing stop dumps your shares for a couple of pennies but doesn't guarantee price
typical shortie advice
retail gets the old info. prime brokers have real time.
but I suspect no one really abides by finra rules anyway in regards to naked shorting.
I recall one large prime broker getting caught by a released email berating a associate for revealing their true position in a finra report.
guess you can't trust anyone
I wouldn't suggest gevo is working with the shorts but the result of their shelf offering give shorts the advantage.
Although difficult to enforce, rule/laws should be made to prohibit anyone involved in a shelf, being able to short that stock
with you on the $.60, that's what they will need to do a R/S & following shelf
if not maybe it's going to waste into going private
of course a partner with cash & a decent CEO or COO would work
my plan is to bail $.60+
look at plug
been the mm's #$%$ for a long time & now a distinct shift in the way they are trading it
i'm long but the chart is saying run up to their CC
well i'm guessing ddd & auy are the same.
how many id's are you posting under?
what kind of research reports do you have access to?
it would appear you have been quite deceptive
the Luverne plant is a retro fit. it is referred to, as such, in the 10K's
being that a "complete" one is now in place, maybe others will finally proceed
looks like the resistance at 2.17 is turning to support with solid accumulation this week.
50ma at $2 & likely will cross the 200ma very soon
when it does the TA folks will start pounding this stock into the CC
short interest was 45%, unreported more likely 60%
tutes leaving & shorts covering
the value of gevo is their patents, what ever that is, after a relentless attack by Butamax. Likely BP/DuPont didn't want to completely destroy the patents, as they will attack others, if Iso becomes in demand.
Anybody may come to the plate to buy/partner with gevo, IF the patents do have value over $40M.
India is pretty fickle about patents. They tend to enforce but also protect national interest/ Indian companies.
I think Pat once bounced around $25M in talking value from Praj partnership. From what I can see gevo has nothing concrete with Praj. Petro is much more expensive in Asian countries. Labor is much cheaper.
If Praj see's value in those patents they could make a offer for 50% of the shares for $25M.
They may want to retro US/Canadian companies someday, as well it may make financial sense to make Iso now in some parts of the world, & BP/DuPont could file infringement if gevo was BK. Plus, the more patents you have the less likely someone will start a patent war.
I think gevo is in trouble but i''m betting there is some twists & turns left to be seen
making Saudi liable in USA courts for 911 suits
Saudi threatening to sell all US assets if passed
this will start a lot of debates & interest in alternative energy
if this heats up, gevo will pop
there was zero chance of a buyout before Butamax patent case being resolved.
I would think that'd take some time to evaluate the worth of patents post Butamax.
If it happens, it'll be before eoy