These next months are going to be very telling for shareholders. I think gevo can make it, but still may not be
a direct path up. I believe the money just raised is suppose to take them to break even so no more public offerings are necessary but I really doubt that based on complex issues involved and past performance. I would say it is almost a certainty they will need to raise more money. I am hoping they make enough progress
in the coming months to raise money at a much higher stock price than the last offering. I am content letting gevo do the work and sitting back as a shareholder. The upside here is potentially huge but I believe there are still a few hurdles to overcome. If we get significant positive news, this thing is off and running. What would that news be - 'we are now satisfied we can produce isobutanol reliably on a commercial scale and we are ready to start filling existing and taking new orders and licensing the technology." What is the short term potential stock price on such news - well north of $10.00 if they start lincensing as well.
I've kept an eye on this stock for awhile. It's boring until it's not.
Watch for news of ramped up production and the whole process working
well and they have waiting buyers for isobutanol. By the way, any increase in corn prices will be paid by the buyers of isobutanol, not gevo, when things get moving - it's in the contracts.
I didn't know the over-allotment was sold too. High demand for shares at 1.35
Maybe we've got some end of year tax selling here.
This new article is more balanced and gives a much clearer understanding, than anything I've heard before and even from the company itself, of the total picture of gevo. This is well worth reading!
The offering was priced at 1.35 , whatever gevo told the investors seemed good enough to put up $25,000,000
It had to be current information and what they anticipate going forward. Buying below the big guy seems quite reasonable.
I saw that write up, in the beginning it seemed objective and then the guy let loose. Was definitely someone who had a short position or beef with the company.
Personally I think that's a stretch but hope it does. I would expect this to be trading above the offering price soon. This is a great deal here, we get to buy below the big guys.
It just dropped too low. Hey, there is dilution, but if it helps the company to profitability, it's only good for shareholders. This thing has been all over the place the last couple of weeks.
There are quite a few people that believe twitters platform for ad revenues is the best of all social networks.
They believe so strongly that they could bid this up and up, that is why I believe this is a cult stock as it is trading at very high multiples for projected 2014 earnings based on things most people aren't aware of or don't understand. This could be a 2 or 3 hundred dollar stock, I don't know. Difficult for many to buy here. I think, for the reasons above it could also be a dangerous short as well. The potential of a stock can far out weigh current fundamentals. So I'm staying away on both the short or long side unless I decide to do some straddle or strangle options where direction isn't important. I'll use Buffets rule, stay away from what you don't understand.
Have to agree, for investors to put 25mil in gevo, they have to believe they are going to get multiple times their money back IMO.
He will get a years salary if he gives no more financial advice