Congratulations on your entry point Legal. I would say the lesson to be learned is that the market tends to over react to good news and when these positive developments take longer then expected to actually unfold those "in it for a quick buck" traders that Pelosi likes to call unsophisticated bail causing selling pressure to build. Astute for you and Dagiw to take advantage of these short term opportunities.
I would not discount Jenny's advise however as your profits could disintegrate faster then Mirel PHA Biopolymers in the ocean.
I have a question for you and any other shorts. Consider Aug 8 purchase price $.41, Aug 20 purchase price $.65,, Nov 3 purchase price $ .71,, Dec 10 purchase price $ .4996, Dec 28 purchase price $ .3705
Good move or not???
Dawig states that he is in a high level financing position in the industry which is a calculated positioning of himself as an authority which causes many to blindly accept his conclusions. Don't get me wrong finding my head spinning after reading some of his emails I tend to believe that his financing experience is indeed real.
After a year, however, of burying this company and giving it zero chance of survival, in light of recent positive events a reasonable person starts to question his negative bias as Jenny is doing.
Dagiw and Pelosi remain focused on the past commercial failures of MBLX and find it impossible to consider that the future conditions can change and the prospects of success can dramatically improve.
New CEO, real steps to manage costs, real production strategy, real commercial alliance, real insider investment, new products with real value, ahead of real social/environmental/legislative wave.
You should probably spend more time researching then the time you invested to compose and post your negative conclusions.
Oh Master I see that you are blind. Of all things in the world to live in darkness must be the worst. No Grasshopper, to live in fear is the worst. But Master what could such a wise man as you possibly fear??? That MBLX will close green in honor of St. Patrick's Day and thern green again in anticipation of the CC and then green again based on reported progress in CC. I fear GREEN, Grasshopper! AGH!!!!!!
I'm sure it looked real good to you at 3:45PM before it recovered 6 cents in the last 13 minutes of trading. I would rather be sitting long going into next week's CC.
I think the future looks bright for MBLX and for those who added when things looked bleak.
You need to earn your marks on this Board.
Your point of view without rational reasons are empty meaningless predictions to any informed reader. If you have valid reasons that would lead a reasonable person to believe that this stock is not well positioned for a signicant rise please share.
Lega 1, Are you sounding the alarm that this stock will be in the low $.70's even after we get more details on the Honeywell alliance on 19 March CC or just that it may dip before then? Please advise.
I agree. Modest investment to significantly increase current production of PHA quicker is absolutely a prudent positive initiative. This is far better then meekly going through this manufacturing agreement end of the year deadline in silence. Silent night may be appropriate tomorrow night but not as a business strategy.
The moment of truth will be the amount of this "robust pipeline....in various stages of development" that can be converted into commercial sales. If that one thing happens a lot of other good things should follow.
We're all going to have to stay tuned a bit longer as this game is definitely not over yet.
If you need some last minute Christmas gifts how about a few shares of MBLX?
You should have jumped on .25 yesterday. I thought that 59K transaction near the bottom was yours.
Seriously I do think this is a good point to place your bet on a Manufacturing agreement soon.
Just curious, do you find Mr. Shaulson more credible then Eno?
Before I mark it, could you provide any qualifications or time frame for your prediction such as "this is going below .40...... if they don't sign a manufacturing agreement by year end"?
While you're at it what do you think the stock price will be if they do announce a manufacturing agreement?
That last question is for all folks.
The most legitimate rap as best expressed by Pelosi and Dagiw had been this company's lack of commercial focus and disproportionate revenue to burn rate as well as a lack of manufacturing resource.
I remember Pelosi a long time ago saying this company was like a giant R&D chemical project with no business direction.
Apparently Shaulson agreed and in my opinion greatly increased the odds of commercial success with recent efforts to down size staff, spin off crops program, suspend chemical efforts and be laser focused on bringing the PHA performance additives to market.
The message of signing a manufacturing agreement before year end has not changed. The one area that I need some clarification on is if this "robust pipeline" in the PVC additive trials really does "develop into commercial sales in Q1- 2015" , how realistic is using Telles JV inventory to fill the gap between Q-1 2015 and having the manufacturing process up and running in late 2015?
Normey could you provide some clarity on that and your take on this recent transition to the "new MBLX"?
Pelosi as an FYI I couldn't resist your "ready to gamble?" challenge a few months back and did actually add some at .41. I guess I am a bit of a gambler at heart. Good luck to all.
And your points are well made if you're short and the glass is half empty. That's the way our brain's work. We discount data that contradicts our beliefs and we seek out data that supports our beliefs.
The point of the football metaphor was that you don't seem to just discount the potential you completely ignore it when you say "the new coach is still running the short term plays and producing nothing with the same management players who failed to score sales".
The short term plays the new coach is running are designed to survive (sticking with the football theme- top priority to protect the Q-back). I would say the same management players are like a solid core of the team such as defense or an effective offensive line, important components but not a part of the team likely to put points on the sales scoreboard.
Come one Dagiw- admit it a Q-back with the potential to improve the quality of PVC and add the benefit of biodegradability has the potential to light up the scoreboard.
Just for a change of pace I thought I would annoy some people with another sports metaphor inspired by the recent string of posts with all those "backward looking statements".
Imagine a losing football team who not only changed coaches but got a new offensive coordinator AND a new quarterback ( just in case my example is too abstract the Q-back represents the new additive products that improve quality). The current situation would be like the frustrated fans (longs) and sports writers (posting shorts) constantly reliving all the painful loses in the past and completely ignoring the potential for improvement.
It's ironic when some "realists" seem to perceive Normey as being idealistic. He seems to be the only guy tuned into the reality of the companies current initiatives. He recognizes that MBLX is not a lock on the next Super Bowl but he is closer to the truth then others who paint the picture of inevitable failure.
He is correct that there are real pieces in place for a true turn around.
Yeah - Maybe no news IS bad news at least for the short term stock price.
Mr. Shaulson told us up front that one of the reasons he took this challenge was because MBLX is a company in transition so it shouldn't be surprising that it'll take some time to turn it around.The private placement of 25 million of company securities was only the first small but important step.
MBLX is like that sports team that seems to be getting beaten in the game but keeps hanging around surviving and keeping it close and suddenly finds a way to win.
There are real reasons to still believe in this team which I'm not going to reiterate here.
It will take patience to invest in this one and stay sober when we have a pop on no real news. I think this train's on track but it's still a ways to go. Hopefully the destination will
make the trip all worthwhile.
Good point. I happened to be watching at the close and the ask of .9686 was available at 3:59 when all of a sudden there was a transaction for 1.01 right at 4 and then 95,901 shares traded at 4:01 PM at 1.03.
Since there was an AH ask of .97 sitting out there at 4:02 PM ,I would agree that .97 is a more realistic conclusion for today but hey I think most longs will take +14%.
I recall Mr. Shaulson saying in the last CC that no news does not mean bad news. God knows this company is long overdue for some really good news.
Some recent social environmental trends have been positive so let's hope that the trend is our friend.
Scott - Your advice "Key to good investing, don't play Lotto with your life savings" is what NOT to do. Could you give us some insight on what we should actually DO to achieve "good investing"? What factors should we consider and could you give us poor gamblers some companies to consider and why?
You do realize the odds of winning the Lotto is around 175 million to one. Is that the odds you give MBLX of succeeding?
As an FYI some longs, such as Jennyjump actually went on record as being willing to gamble in early Aug. when the price was .37-.45 so excuse us when we don't thank you for your gamblers anonymous warnings.
Leogcarrolastopper- Investing in MBLX can be a lot of things at different times. It' can often be confusing, perplexing, distressing sometimes exciting, satisfying but NEVER easy!!!
Congrats on some good timing!!
What does your time machine say about the time frame starting tomorrow up until we hear some concrete news on a production facility???
All opinions are welcomed.
Pelosi- I've got to ask. Did you roll the dice?
I hope you bought in around the .40 mark because you absolutely nailed the bottom on this post. (I hope)
Seriously - Great call.