You right, it is because Gevo issued shares/warrants, but one more fact that you might be missing out on is that it also caused a panic among some investors/traders, and anytime that happens, those who do panic lose money in the markets. Another factor was bad timing: the Dow is down about 197 pts and NASDAQ is down about 67.
So most of us have bought Gevo shares when the company didn't even have a product. But now, when they are actually producing ethanol/Isob, why wouldn't you buy more shares (depending on you situation) at .50 - .60c when you must have bought at over a buck? In my opinion, they have turned the corner and unless something crazy happens, this sucker is on the right track.
Really!! so you come out of now where and start suggesting that everyone on board just listen to you and jump head first to HTM?
Well, as you said, there is a high chance, which is not the statement you made earlier. I'm betting that they won't do a reverse split. And if they do, then I'll stand correct! That's how this game is played... not taking it personally.
You just cooking stuff in your head: In other other words, you making an assumption about the reverse split.
My guess is that they had to go with the SBS model is because ethanol producers liked the model. And during the last CC, PB kinda mentioned it, which makes sense too. In my opinion:
switching to isob can be tricky/risky and it can hurt economically. Slowly transitioning from ethanol to isob seems easier. I also think that Gevo has finally got the infections under control and they could go full scale isob if they wanted to in a very short period.
It depends what your goals are for this investment: actually, its very simple, if the company generates revenues/profits investors make money. Day traders will come and go!
In my opinion:
Gevo is starting to catch tail wind and will be fine in the near future. You don't have to look at the share price each day because that can give you a bias. All we have to keep in mind is that Gevo is on the right track now and let's see what comes out in the CC.
Hope this helps.
vman, I'm with you about the American company. It's about time we stop our addiction for middle east oil and start relying on our home grown Isob. We won't be able to change things overnight, but we need to start some where, and hopefully, Gevo will blaze a trail for us.
vman, I applaud your fact checking and defending all our longs from freak-outed shorts, who are almost starting to show their surrender flags as I'm writing this. In my opinion, Gevo is about to turn a corner and for those of us who didn't run for hills, we'll be rewarded!!
Kudos to you!
The only way this stocks going north is for Gevo to prove that it can regenerate revenue in the coming quarters, then the MMs won't stand a chance to mess with it.
You making exactly my point: why do you have keep posting all the negatives about Gevo if you know it is a POS. Most investors are smart enough and do their own DD, so if they decide to buy/sell, then its their fate. But it seems you are just the the same person with multiple IDs trying to side track others for your own gain, i.e., being a short!!
The is totally biased. I can agree that Gevo is risky, but just to state all the negative is blowing it out of proportion. In my opinion, look what the Thomson & Reuters has given as scores for the different areas of performance for Gevo. Besides, the guy who wrote the article has a short position.
And actually Gevo's IR should rebut and defend its position when something ridiculous like SA article comes out into public domain.
I didn't mean to sound negative, but I was just trying to find out what might be going on. And I briefly went over Gevo's annual report and it seem the CFO was given more shares.
Where did you find the info? The time I check the CFO/CEO/CTO sold their options shares, these were not automatic sales. Also, It seems they acquired it on 05/28 and sold it on 05/29 (the day the news about shipping bio-iso) to Torray came out. Why would they do something like that?
Whoever you are and whatever multiple usernames you use: if you are so concerned about us retail investors, then why don't you raise this issue/problems with the SEC? Besides you just making claims without sufficient facts. And don't tell me that the insiders are selling their shares because that's perfectly normal if those are automatic sales.
I can agree the cash burn is very high at the moment and Gevo made huge mistakes, but remember this is a start-up, and sometimes stuff like that is expected.
I don't know all the details of this case, but doesn't Dupont/Butamax/BP has to prove 2 things:
1. That they enzymes to make ISO are patentable.
2. And that Gevo has violated it.
So, in my opinion, if the above is true, then Dupont still has a long ways to go to prove their point.
These guys that post stuff without any basis for facts have probably lost a lot of money while they might have bought Gevo when it was trading at $2+. So now they trying to short it and recover their money, which in my opinion will not happen, since Gevo is getting back on track to start selling ethanol/ISO in the near future.
Lets face it , we all lose money in the markets, but it seems you lost big on Gevo somtime ago when it was selling high. And now, you just MAD and hoping that you can scare everyone and go short to recover your losses.
IMO... Gevo will do great, its not a question of if any more, but WHEN!!
Excellent post!!! That is exactly what I have in mind (intrinsic value, but just didn't have all the details) and not selling a single share.
Thanks for posting.