Of course there is always that possibility - they keep a stringer of Bud Foxes on the payroll for the soul purpose of getting information before the public - then acting on it - google SAC Capital and Steve Cohen - he just wrote a check for $500 million (enough to buy GEVO 5x over) to the SEC for getting caught at this game.
The lawyers, as well as the SEC, are very specific about what IR can and cannot put out there in the way of information ..... most of them are advised to say nothing material in any comments or answers to one-on-one questions. The rules are very strict re: piping of non-disclosed information unless it's done in a public format.
Where are you getting this news from .... ??? They hired a new guy to run the Luverne Plant whenever it opens ... don't see anything else other than a "new hire" press release.
How the hell do you get a ruling before the trial or pre-trial even begins ... there's nothing new about this ruling. Same as before. What's all the "hub-bub" about?
How do you get a ruling from a judge before the appeal process even begins ? If I were DuPont I would be wanting to know what happened to my promised day in court. If there was going to be some kind of ruling that would not allow for the appeal process to occur then the hearing and pre-trial would not be on tomorrow's docket.
Yesterday's pre-trial announcement by Bloomberg News is quite puzzling ... seems like a rehash of old news and totally skips over scheduled trial date starting April 1st. Anyone here know the real scope ?
The more money you have the longer you can tie-up your opponents in court .... in hopes of bleeding them dry .... how much is DuPont gonna spend in legal and court fees to protect a multi-billion market from being handed over to a small competitor with a market cap of less than $100million ?- The answer is : "plenty" . It's not about winning - it's about buying time for DuPont. Now, if DuPont loses and has to pay compensatory damages then they may look to settle ... if GEVO thinks they can collect they will press on for excess damages (the cost of lost opportunity) as well as a clean win on the patent dispute. Without Total and Cargill 's backing GEVO would be toast.
I know a guy by the name of Rocco who knows a guy by the name of Vinnie who works the stables at Aqueduct and he says he knows a guy who always wins big at the track every other day and especially on Mondays ... he says you are right. How can you lose - the fix is already in - always bet a sure thing when you have "an edddge"
Company will not comment on buyout rumors. Standard response. Sierra World Equity Review is a #$%$-bag penny stock pumper/day trader ..no cred .. her list of penny stock picks is a joke.
That's a lot of dough compared to the company's overall liquidity and cash burn - why didn't they seek damages and recovery of all legal costs associated with having to defend themselves as the suit was brought by Butamax and DuPont ... is this a separate issue or is this an "automatic judgment" that will be part of any future settlements and or concessions Butamax is forced to make ? ... was this covered during today's CC ?
Now that lawsuit matter is settled in GEVO's favor look for analysts to upgrade GEVO to strong BUY. They could come as early as tomorrow morning ... $3/share should be a soft layup from here.
Nice ... we should see a nice run-up into the close .... all gaps on the way back up have been closed - just a few weeks a go GEVO hit $2.70/share before any conclusive news came out ... they MMs dropped her all the way down to 1.88 just for kicks ... this is why GEVO sports a 4 plus BETA ... it's all about riding the VOL Baby.
It's better if GEVO moves in baby-steps .... baby stepping higher a bit each day .... this will confound the shorts and put a staircase floor under the stock ... today's action was pretty good ... tomorrow there should be a few upgrades ....