Is today's news about Arizona allowing isabutanol to be used in on road vehicles too late?
When will this dilution stock scam be shut down for good by the SEC.? Ten years of paying more than a million dollar salary to a con man for a science experiment that can never be profitable. OUR SEC IS A JOKE
Pat Gruber and his friends the short sellers are playing their games again! Down 7% on the day and then 57 shares After Hours pops it up 6.5% just so tomorrow the shorts have a higher starting price. Unbelievable!
With the anemic volume this company is/has been showing like on Friday the company is basically on life support. GEVO already has told he street that they are going to dilute the float by ANOTHER 20% in June as soon as the BS "proxy vote" is done. What I don't get is why the shorts have not pounced on this stock now? Even a bad CEO (and we know Gruber is one BAD CEO) would have some kind of powder in their cannon to boost the stock price BEFORE the dilution because if he doesn't they may not meet Nasdaq listing requirements. So my question to myself is what are the shorts waiting for? With this anemic volume they could easily drive the price way down so they can exit with a profit then re-up their short positions once Pat throws out his next pump before the dilution? Unless, maybe Pat has no intentions of pumping this up before the dilution which would be a pretty stupid move. Then again this is Pat we are talking about and even if his ultimate plan is to destroy GEVO and take it private you would think he would want to continue to collect his CEO salary for as long as he can before doing so.
why would somebody have just paid $10m for 6.3m shates?
Wow! new partnership with GEVO and state of Arizona!
.....pre reverse split that is in case you couldn't figure out the math.
Seriously I don't get it. Long expensive court battle over isobutanol and it turns out it's difficult & very expensive to make, so expensive in fact the price only appeals to very limited market. The question in my mind is why Dupont fought over it. Do they have a better way to make it? I guess we'll never know. It seems ridiculous so much money was spent on such a wasted effort. Now GEVO struggles to get it sold and still struggling to get the cost down. and just as bad the backbone of the co., ethanol is an overextended commodity struggling to make money despite fading gov't subsidies. Now they need expensive updates to make ethanol profitable. It's a colossal . disaster
Woooooooooooow..... up 4.75%. Now I'm only down 98.6%! Fantastic!!!!!!!
The pain will be over soon. There market cap is so low now, that they might not be able to do another reverse split.
No explanation !
Glad I cut my losses before the split. This is ridiculous
During past Earnings Releases Gruber was asked "Why doesn't management buy GEVO shares" to which Pat replied..."me and Mike?...Because we're broke!" followed by uncomfortable laughter from Pat. You can go back & listen to this on the call. So if Pat cannot manage 1 million a year for himself to live by what in the hell is he doing trying to manage an entire companies cash flow?
Goober OVERPAID chemist unbelievably greedy
No telling what cockamamie story they may pump tomorrow morning only to have another PO TO FOLLOW. CERTIFIED STOCK DILUTION SCAM AVOID IT LIKE ITS CANCER.
Please, no more good news. I could go broke!!
Pat's original business plan/model has gone to the crapper! They lose money when they sell ISO! They have NO major contracts/licensee's or partnerships. They have NO INCOME! The only thing GEVO makes that they are able to sell for a profit are shares. No other company will sign any deal with GEVO as GEVO has missed EVERY SINGLE one of their "milestone" timelines. The plant has an average of 2 emergency shutdowns a year and even if a company wanted to buy commercial quantities of ISO GEVO has NO WAY to produce on such a scale. This company is doomed. It was a share holder scientific experiment for Pat Gruber to pay himself a lot of money every year while he lied to investors on the progress he was making so he can "learn" on how to make ISO. Pat should be put in jail!
GEVO IS A CERTIFIED STOCK DILUTION SCAM SINCE IPO AVOID LIKE IT IS CANCER. GEVO IS GRUEBER "s PERSONAL PUMP AND DUMP TO PAY HIMSELF AND KEEP SCAM GOING.