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Metabolix, Inc. Message Board

wrutka 3 posts  |  Last Activity: Feb 26, 2016 12:22 PM Member since: Mar 27, 2013
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  • Reply to

    Interesting V bottom in the last 30 days

    by bpowers Feb 22, 2016 2:58 PM
    wrutka wrutka Feb 26, 2016 12:22 PM Flag

    I think your question about "the slight recovery" is valid and deserves some response.
    The low point in late Jan was probably due to the fact that there had been no news since the CC in mid Dec. and investors being aware of demands on operating cash naturally started to lose hope that sufficient progress was being made to turn MBLX around in time.
    Since then there have been real indications of both production and commercial progress. Even though these have been small steps they are clearly in the right direction and rekindled optimism for some investors.
    Add to that the fact that the research firm of Rodman and Renshaw initiated coverage of MBLX in early Feb with a buy recommendation and a stock price target of $3.00 you have the ingredients for the short term up trend.

    Sentiment: Buy

  • At least we'll be getting some feedback on Wednesday.
    I don't think they're making the effort to attend this conference in NYC to tell investors that there has been zero production or commercial progress and that it's game over as some seem to believe.
    I hope "no answer Deniro" didn't sell all his holdings on Jan 29 at below .90 cents.

    Sentiment: Buy

  • Reply to

    cass action lawsuit against the MBLX Managmnet

    by denirobear Jan 29, 2016 1:44 PM
    wrutka wrutka Feb 1, 2016 9:53 AM Flag

    D-bear Did you actually ask for specific information or pose some rhetorical question? Can you give us an idea of your inquiry to MBLX that was ignored? Thanks

    Sentiment: Buy

MBLX
1.52-0.04(-2.56%)Apr 29 3:50 PMEDT