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You're right. Early 2022. We've waited this long.
It's more expensive than allm's process, and it uses vegetable oils, which is people food. The whole point of cellulosic is to not use people food.
And they're just starting to look at it. Don't expect anything until 2025. More likely they'll use allm's process as a front end.
If my math is right, that's ten k shares for a hundred bucks. I'm moving to Canada.
Thanks, Brian, all good stuff, although I think Hatch probably left because of age. He was obviously failing his last year in the Senate, so it probably just got worse.
It's a cash and stock deal. The article didn't say how much of each, but the sellers are still participating through the stock.
Why the change of heart?
Did you sell the other 400k?
The new plant is being built with a Danish fermentation process. Shouldn't be a threat.
https://en.m.wikipedia.org/wiki/Inbicon
Also see company's pdf presentation, linked in the article.
They're only planning four plants in the next six years. There should be room for both of us.
Only if you're Canadian.
Which broker?? Never mind you're the Canadian that told me, aren't you.
Canadians can, apparently.
Good to see, I'm with Elwood hoping for merger news too.
Something just happened. I'm superstitious. Keep complaining guys.
Seriously, the ask just jumped and the price went up.
I think the "h" is cut off from https.
Yes, I remember. Haven't been to sam's but I'm pretty sure it's still there.
I hope PRED comes through while one of us still lives in Brooklyn. Lol
Nice to hear from you.
Thanks biigboy7. A nice read.
Pitiful homemade swords. Our allies and opponents have horses.
I don't think news is what's at issue here. Even if there was news, retail doesn't have the power to sustain price. This is a battle between our betters. We are merely perhaps more slender Falstaffs following king Henry into battle.
Well at least there's some trading today.
Well at least there's some trading today.
Thanks, too bad we United Statesians are locked out.
What broker did you use Elwood1964, if I may ask?
Sorry, I didn't look at the date on your post.
Where do you see that? I see no trades today.
Wrong board?
They know no one can buy, so they must be taking the price down for some nefarious purpose. Scaring people into selling??
No, brad didn't buy a million shares in the open market, but someone bought 1.17 million today. Of course someone sold the same number, but people are buying.
That's been their policy for almost a month now. Where have you been?
Fifty-five. Das ist gut.
(That is good. For the moderators)
A few months ago they said in a filing that the prototype five would be ready in four to six months. That would be between August and October.
Patience grasshopper.
I had a prediction for the price next week written on a post-it note but I seem to have lost it. If I find it I'll be sure to post it.
That's possible.
It is also possible that the rumors of naked shorts still outstanding are true. The SEC is changing its enforcement policy on naked shorts which may be forcing them to cover.
https://www.natlawreview.com/article/sec-brings-naked-short-selling-case
Wow, something is happening. TL speaks.
The world will little note, nor long remember what we say here, but it can never forget what they did here.
I guess Lincoln was a pred shareholder but not an IHUB poster.
Until someone gets some news. I'm always the last to know.
Well, it had high volume too. You could be right. Hope so.
There was a guy who traded futures and wrote about it named Williams. He used to say, every transaction signifies agreement on price and disagreement on value. That's what we have here.
However, the futures market didn't have naked shorts or new rules on shorts so there's that.
IMHO, this can mean the above, agreement on price disagreement on value, or people trying to cover and scare people into selling at the same time. No way to know for sure. However, for the last hour or so there was a ton of volume at 23. There was a bid at 23 for 2500 shares. That's just 2500. That bid didn't budge and absorbed about 500k of volume. I'd say someone is buying.
Well, the first report will be close today. Figure t+3 minimum probably next week. We don't know if there are naked shorts at this point so we don't know what the effect will be if any. But we can apply some Bayesian reasoning to it next week.
Brian posted a link in post 53164. It's not that obscure, I'm just computer illiterate.
It has to do with new dtcc/nscc rules on depositing security for naked shorts.