Saw Oprah's mag awarded 2 of our boyz some love:
GENIUS Ultimate Anti-Aging Vitamin C+ Serum and Repairing Tint & Radiance Moisturizer Broad Spectrum SPF 30 have been named winners in the 2015 O-Wards within the October issue of O, The Oprah Magazine’s 2015 Fall Makeup O-Wards.
We are right back to where we stood before yet another earnings debacle at the end of July. I'm not sure why any analyst has forecasted earnings increases until Moema is consolidated next year. When they do and we miss we implode. Haven't they figured out that SZYM has never made their top line numbers since they began trading publicly? They even have them pegged at over $16 million this quarter which I find that hard to imagine. An $11 stock down to a $2 or $3 stock is hard to get excited yet but longs who have held on have faith and not blind faith like a lot of people assume because progress is being made but at a snail's pace and not the pace that SZYM indicated to all of us years ago.
Problem is that there is no news and no way SZYM has a chance on any near term catalysts I'm afraid. Probably oversold since the CC but it gave us a glimpse into no action @ Clinton and no rev consolidation until 2016 at the earliest at Moema so nothing to get excited about. The bad news is that is normal for this company...nothing to get excited about.
Is 2016 still the JV consolidation? That's when and only when you will see rev's climb IMHO-
Excerpt from call & analysis of JV: It is important to understand the implications. There is a reason why Solazyme owns 50.1% of the joint venture, compared to Bunge's 49.9% holding. Based on the concepts of full consolidation and non-controlling interests, Solazyme should be able to consolidate the financial results of Solazyme Bunge Renewable Oils into its own financials. Therefore, the joint venture's full revenue should be reflected on Solazyme's financials even if almost half of the income will ultimately be attributed to Bunge.
I agree about the traction but I think it stems from the loss of confidence in SZYM especially before the CC that investors were fleeing and now with 2 of the biggest names in business in consecutive days has brought a renewed sense of confidence back albeit not on the numbers side yet. We would get more on the numbers game Thursday evening.
Hard to get excited up 1 day and nearly 12 straight down days prior but I do like the name and agree that BASF wouldn't put their name behind SZYM if they couldn't deliver a predetermined allotment.
pkm, what do you make of the recent crash in share price? They are pricing in a lot of bad news that we aren't even aware of almost like they are throwing in the towel??? Would love to hear Wolfson's speech today @ noon today for his award and if he has any positives about the company.
The Biotechnology Industry Organization (BIO) named Solazyme CEO Jonathan S. Wolfson as the recipient of its 2015 George Washington Carver Award for innovation in industrial biotechnology.
What bothers me more is that Nasdaq is on fire this week and we're going for 5 straight days down. I was hoping by weeks end we can at least hold three but the low volume and the shorts have had a great week
I'll let the CC tell us. Speculating here doesn't get you far. Volume just tells me folks are also waiting for the CC. Nobody is expecting a good qtr because they already telegraphed that but the next 2 qtrs investors want I mean need to see TANGIBLE progress not hopes and dreams as you suggest. Pumpers and dumpers I usually ignore where I try to stay focused on the prize just like our political rat race in this Country where the extremes get the story line and the majority of the Country is in the middle where the real story and work need to be focused.
I've had zero success with IR @ Solazyme & Brainerd Communications in the last month or so. SZYM must be a hot potato with the class action period and nobody returns any phone calls or email. Brainerd was already notorious for lousy communication. It's a public company so "the guy" from SZYM is Bryce Dille.
The good news is that that is less than 6 months away and they have plenty of cash to make it till then. Although the stock price and volume lately has been terrible.
Maybe some day we can follow the Nasdaq which shot up yesterday and up quite nicely today too and we can tag along like all of the other Nasdaq stocks in my portfolio and we can then start licking out fingers too :) not good pin action past 2 days looks like dead $$ till CC which I have no idea what Wolfson will say. Not too much to brag about yet until all Moema issues are solved and optimization is far enough along with dependable redundancies so we can FINALLY ramp up.
Didn't see the whole video but did they get a positive response by the "Tasters"?