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Metabolix, Inc. Message Board

jos847 3 posts  |  Last Activity: May 18, 2015 1:44 PM Member since: Apr 18, 2012
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  • Reply to

    68 days to cover?

    by billbfitt May 15, 2015 3:52 PM
    jos847 jos847 May 18, 2015 1:44 PM Flag

    You respond because for the past 5+ years others as yourself have tooted the short squeeze warning and the stock price has continued to be hammered from some $15 to 25 cents. You obviously don't understand that a reverse stock split is share price adjusted. The fact that MBLX has a $1 (10 day) deadline is meaningless to the shorts. 4 mil shares divided by 58,000 avg # daily traded is just a number. This stock could trade 4 million shares in one day and still allow the shorts to get out at a profit. Even if the stock was up $3 in that one day, the shorts would still come out ahead. They shorted the stock at some $15.
    What would be of meaning to them would be some semblance of productivity. Just a little something from the company that indicated after all the destruction that has been done to shareholder value has turned. At this price, there is still no public recognization that this company is creditable.

  • Reply to

    68 days to cover?

    by billbfitt May 15, 2015 3:52 PM
    jos847 jos847 May 18, 2015 12:14 PM Flag

    What are you writing about? If there is a reverse stock split, the short prices will also be adjusted accordingly and the shorts will hold the sale profit/loss position they currently have.

    What's this tick tok, tick tok about? 68 days?

  • Reply to

    3 Shares Traded

    by isthislega1 Apr 9, 2015 10:39 AM
    jos847 jos847 Apr 9, 2015 11:45 AM Flag

    You hate to put the bad mouth on your own company, but the extent to which the management has destroyed MBLX is unconscionable.

    Most pitiful performance from any group of individuals I have ever seen.

    Even the fookin market maker doesn't care anymore.

MBLX
3.78-0.10(-2.58%)Jul 2 4:00 PMEDT