Seems like Zack's press release is based strictly on numbers and zero research... Do they even know that the company is being sold for at least $2.92?
Interesting to see a thousand shares dropped after hours at $1.33 to ensure that on Monday it will look like the price was unchanged. I wonder who plays this sort of games with price... An interested buyer or a worried short?
As interpreted by Google's translate engine:
Employees of Antibioticos accepted by majority ERTE for all staff
12/12/2013 - Workers at the company's plant Antibioticos Leon have accepted today in a special meeting, the conditions of the new Redundancy Temporary employment proposed by the receivers, for a maximum period of eight months and will affect the entire workforce.
Of the 134 votes cast, 102 were recorded in favor, 31 against and one zero, as reported by sources of USO in a press release.
The same sources have indicated that they expect their processing is quick to start applying before December 31, when the temporary ERE ending that is currently in force.
Sorry, your dd is flawed! I have to admit, I like the name duediigence yet clearly the person using that id isn't digging deep enough to do proper due diligence. The insider that sold in the low $2’s wasn't a set of insiders, instead it was one insider who was dying and decided to get his affairs in order. He is not the typical example of an insider trading this company and unfortunately he is no longer an insider for the company. When you ignore his actions then you’ll find that all of recent insider activities have been purchases including the direct purchase of nearly 100,000 shares last month.
Sentiment: Strong Buy
What if last week was all about testing the waters before big money comes to play here? This company owns some real IP (approx. 500 patents and several FDA licenses); if the bigger boys wanted to pump it it could run up to $3 overnight. Any real tie-ins to the 3D printer space and we could see $4. Any real tie-ins to the construction industry and we could see $5… There are so many shorts out there that the sky is the limit and once it starts to run the squeeze could get un-bear-able!!!
I bet that the next time the volume spikes up we see the low $2’s again on volume alone. The company is continuously innovating and improving on existing innovations. IMHO, it’s just a matter of time before they announce some sort of game changing partnership. In fact, that could be the very reason for the recent insider purchases.
I love seeing all the shorts here because they make sky high dreams possible because once a squeeze happens it will be their dollars that make the rest of us rich $$$$$$$$$$$$
Let it be so…..
Sentiment: Strong Buy
Doesn't Apple-branded suggest that anyone could have designed the chip? In the past Cirrus designed the 338S1077 for Apple but are we certain they designed the new 338S1199 ?
I tend to believe that Cirrus will be just fine and that this is going to be an outstanding quarter for both Apple and Cirrus but clearly someone wants to cast the seeds of doubt here... Perhaps to cover an existing short or to keep the price down until right after the next earnings release (some time next quarter).
It would be a different story if the company had zero dollars, tons of debt and very little intellectual property
This is a company that still has tens of millions, zero debt, hundreds of patents and keeps developing very interesting technology year after year after year. The shorts who think they standing on two legs don’t recognize the phantom one; one of these days Metabolix surprise them and then they’ll all be crying as their shorts fall over and burn.
Whoever invested a million dollars today might turn around and invest another million tomorrow. The shorts have over stayed their welcome so a squeeze could and should happen. It is a healthy part of any trading environment. Just like the capitulation that sent a few of the faithful here running the upcoming squeeze will be good for the stock. Let it be so……..
When the Motley Fool likes it... Their millions of foolish followers like it too.
The Motley Fool has been taking this up while talking DangDown.
I don't know if it's a formal rec or just one they've been considering.
Short attack doesn't fool everyone
This is a $20++ stock and long term much higher
Wait and see $$$$$
Just saying, don't be fooled again...
Sentiment: Strong Buy
You might be right about the 3D printing but if they are going to put efforts towards anything new then they need a partner to bankroll their efforts. This is the time to be aggressive about partnering with someone / anyone. The company is now in a death spiral and it's going to take a really good pilot to pull out of it. Eno is not the man for the job but he could partner with someone who is.
I love the idea of targeting the 3D printing space. They are already using a lot of plastics and each year they are going to us a lot more. If everyone could print products and automatically be able to include a biodegradable symbol on the body then it would be a real win for that industry.
The entire company needs to think smarter right now and find a way to save the day.
The funny thing about those 600 patents is “their products are very important to the long term health of the world”. Every water front property in the world should replace plastic goods with biodegradable plastics (including oceans, lakes, rivers, streams and ponds).
Today the world is giving a 26 Billion Dollar Valuation to tweets and not a single hoot to biodegradable sustainable materials. The board should befriend any of the new Twitter billionaires and who has an ounce of desire to improve the world we’re going to leave to our children. Metabolix’s products have a lot more worth than the pocket change that these millionaires now control. Put the company in the right hands and it would mean billions for someone.
FYI, Insiders should be showing their support right now. If they know that their company has more value than the market is currently giving it then they should be buying up shares hand over fist and showing the lambs here that there's reason to have faith...
BTW, Eno said nothing, did nothing and knows nothing (that's the impression we keep getting from the quarterly CCs). He is Sergeant Schultz of the CEO community and what we need right now is Colonel Hogan to come in and save the day.
That is what often needs to happen before a stock can move up. The lost sheep who follow a company from lofty highs to near zero finally give up, the shorts take advantage of their dump and finally cover, and the savvy investors swoop in and pick up the remaining value for pennies on the dollar. It’s clear that the will of many of the long term investors here is finally broken so now it’s time for capitulation to begin.
Re: "ATTEMPT is the key word. With MBLX's track record, it's very unlikely they will be able to get institutional investors to buy another $25 to $50 million of stock."
Agreed, but they probably could get another $5Mil from Jack Schuler if they agreed to put him on the board and remove the restrictions for how he votes his shares. The current market cap appears to be very close to what he has invested here (although I haven't done the math to be sure); a person with that much invested might double down at these levels provided they can see hope. We both know that products and the patents are worth much more than the company, but that value can't be unlocked unless the company falls into the right hands. Eno's hands are weak and appear to be worthless but Jack has connections. The board has a fiduciary responsibility to shareholders so they need to look for stronger hands and they need to announce a real partnership. Waiting for Antibioticos to complete a court case that could takes years is and always has been the wrong approach.
This stock could double overnight if Jack doubled down; it would be a sign to both retail and institutional investors that there's still something here worth investing in. Adding Jack to the board would also add confidence. I don't know why the board hasn't already done that; they clearly need help and Eno isn't the man.
They probably can't buy today below $20 but someone is definitely loading up.
Are you saying your shares will convert to something you can still trade? If so then today's drop is a bit of an overreaction because this already trades as a penny stock; a pink sheet stock will be no different.
The dividend channel has the ex-dividend on 10/24... That makes sense as anything purchased on or before 10/24 should be recorded by 10/28. It takes approximately four days for many transactions to fully clear.
Last quarter they reported it was still over 22%... If they choose to keep it at that level then it would be worth it to hold on here. Someone here suggested that Microsoft buy Zagg; that would make sense just to get Zagg's share of HzO. Of course, that's not the only reason to own Zagg.
Sentiment: Strong Buy
Forget Logitech, let Microsoft do it... They tried to buy logitech for many times it's current market cap and logitech turned them down (silly board)... Microsoft will pay a good price and will know the value of the HzO technology so they won't underbid the way Logitech would. This company has so many parts that could be very valuable to Microsoft.
Sentiment: Strong Buy