I agree with you that it is a pump and dump stock, but its far from the biggest ever and as the laws are currently written, its not illegal, so its not a scam. This should not be legal, but at the same time, if people are dumb enough to buy it, then they have no one to blame but themselves.
GEVO buyers should look at this garbage SPAM post .. it is the exact type of post that companies like GEVO pay people to write through 'consulting agreements'. This is you .. you are the idiot that responded to this SPAM, and now you have lost all your money.
Theoretically, your brain is broken .. just a shattered mess to broken dreams and mindless hope looking for a cause. This is just embarrassing, you should delete this post, then close your etrade account.
This last secondary offering didn't solve GEVO's cash flow problem. It was just a band aid to get them through another few months. Then, guess what, they will do it again. Again Again Again .. they are taking your money and using it to pay massive executive salaries. They are ripping you off in broad day light .. WAKE UP.
BWAAAAAhhahahahahahah hahah HHHaahahaha BWAHHH hahahahaha
They didn't even have the common decency to give you a reach a round .. HAAA HAHAHAHAHH HAHAHHAHAh
think it through though, if the SEC showed up tomorrow and said "that's it, no more shares" then the stock would immediately go to zero. How would that protect anyone? Don't get me wrong, I agree with you that this is borderline fraud, but what can be done about it at this stage?
Unfortunately what these companies do is not illegal. The law just can protect people from their own stupidity.
The GEVO shares changing hands today are all walking corpses. Inevitable future dilution has already destroyed the value of the shares. You sickos are trading corpses. Gross. and sad.
Its the slaughter house. Too bad the stock didn't stay over $1 long enough for the CFO to print another 20 million shares. The more the share price drops, the more painful the inevitable dilution will be.
This is hilarious, and sad. The same poster, with multiple aliases, asks a question then answers it. The question doesn't even make sense. GEVO the stock has really nothing to do with the GEVO products. GEVO the stock is controlled by cash burn and dilution. Just look at the last several years. Stock dreamers are funding a science fair experiment that will never be viable, at least not before todays stock holders are diluted down to nothing.
I have never lost a nickel shorting GEVO. It is only on my watchlist for opportunities just like this. People buying today are the same hopeless dreamers that bought at $7 last year. Sheep being paraded into the slaughter house.
it is inevitable. I hope the test flight is good. Unfortunately proving the product is viable doesn't make it cost effective or solve GEVO's persistent cash burn