Nothing is easy. This will remain a knife fight until Kirk either delivers or the shorts get tired and move on. Hopefully today's PR is the beginning of a scorched earth policy against our less than tall adversaries.
TULTA MUNILLE !!!
Well, much of the economic clarity is still a few quarters off and headcount continues to rise. . If energy proves out Wall Street will take a very different (positive) view.
Mosquitos are interesting but the real move here short term is nased on the Dominion relationship in isobutanol. Keep your eyes peeled for news over the next 10 days or so.
BSF feedstock idea fits well into Kirk's Cargill 2.0 model. Fewer regulatory hurdles and symbiotic with fish and animal husbandry divisions.
Great fundamental story but it will remain as such (turdy price action) until the borrow gets under control. This stock costs 1% and 500k to 1 million shares are routinely available for loan. That is an invitation to shorts to pile on and add to smother the impact of any news. Reaction to PRs such as the JNJ announcement this week will remain muted until the lending supply is restricted.
Sad situation but whatever entity buys this asset will (likely) be able to renegotiate both the debt financing(s) and streaming contracts. This situation is akin to a loan shark who pushed too hard and now the client(borrower) has no more ability to pay. unless metals have a big move up, I fear there will be little if any hope that the equity has value. UGGGGH
I am placing a small wager on SLW in the hopes that their Canadian tax issue gets negotiated. If not, I think we will likely see them pay and then do some sort of inversion to escape Canadian jurisdiction.
Started a baby position today based on the Glencore news. SLW has a solid balance sheet and will likely be able to cut some favorable deals in this environment.
The value driver short term is energy, not human therapeutics. The energy pilot plant is breaking ground. IF IF IF same functions well and can be scaled up, Dominion will pay the freight on the full -sized model. At that point XON is a mere royalty collector with ZERO capex expense. NG is a significantly cheaper feed stock than grains such as corn. Ethanol is a huge market so I assume ethanol replacement will be as well. Also, unlike ethanol, the XON process is not corrosive to distribution infrastructure.
This space likely is a significant revenue generator in 3 yrs. Much shorter window and much less regulatory risk(vs. FDA approval process).
The ZIOP deal last night was a head scratcher. Perhaps part of something larger.
Money flows and the creation of synthetic stock to borrow via options shenanigans seem to suggest that your thesis may be incorrect. See you in the 20s........
Well, Kingsbrook and friends continue to make money on the ATM. Reload at a 20% discount from the company and sell some more. Rapists...........
Shares are borrowed from mutual funds via stock lending programs. Retail (margined) longs make up a miniscule % or the borrowable shares.
I am going to wait until Kingsbrook and their friends are done with this SH#T financing. UGHHHHHH....I hate it when these guys are involved. The funniest line in the agreement is where the "investors" agree not to short--either directly or indirectly. Yeah....sure. UGHHHHHHHHH!
If I were them I would be more concerned about Elliot. Irritating someone who has the audacity/resources to stare down national governments is generally not a good tactic for one's long term survival.