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Where does Coke get its Stevia from?
Except they are raising most of their capital from convertible and senior convertible bonds that are coming due in the next six to eight months. Since the dilution is almost done, they will need to issue more shares or buy the bonds back with cash. They will dilute. I am no long here as of this week around 140,000 shares. So, I am not trying to bash the stock I now own. Toxic funding will kill this stock if their revenues do not increase fast enough. Here's hoping that RealHemp goes big time and fast. But the harvest is not till October and how long till that harvest actually pays some dividends?
I am getting real popular around here.
I kinda of figured you would know, but I am not sure all of the others, who had such helpful comments, knew or know. That's why I asked for help in the first place. I am new here and did not want to do all of the leg work. Lazy on my part, but now I know that they are very short of cash and it is just a matter of time before they have to dilute. This stock appears to have a good future, but the pps will suffer, like it recently did and I don't want to be blind sided. Even though they must file the S-1, it is apparent many here did not heed the filing and sell, and now are underwater.
Thanks again anyway.
Okay, I didn't read all of the 10q as the accounting and lawyer wording leaves me reeling. But I did read the part where they are going to dilute again and probably sooner than most think. But since most of you already know that, I guess I don't need to tell you where I found it. But anyway, thanks for all of the helpful comments.
Thank you for your response. I got most of that from the 10q when I just read it. The burn rate though looks to be about 100,000 per month. If so, they have maybe five months left of cash. So, do you think they will dilute in the near future? That to me is the only red flag on the horizon.
I did, but accounting is not my forte and that 10q is complex and pages six and seven left my head spinning.
Question for the board. What was the last dilution supposed to be used for? And apr. how much were they trying to raise? And what is their burn rate and how much do they have on hand now? The crop that will be harvested in Oct., how is that to be paid for? More dilution or do they have enough to pay for it now?
TIA.
I would like to take the time to apologize to the board for my posts today. I have been around a lot of stocks that people fall in love with, as well as the CEO. WNBD, EXPH, SPNG ENRON...stocks that people thought could not miss and did. Orders promised but never materialize. And then there is dilution, which just happened here and hurt a lot of people who bought in the .20's and up to .30. I just don't trust people anymore, so that entered into my post. Anyway, I am sorry if I offended anyone.
Looks like people were right and the quarter was excellent.
Good luck to everyone.
You have a hard time reading. I was replying to the other poster who suggested I get high on some cannabis. And btw, you don't own this board.
Must have hit some raw nerves here. Sorrrryyyyy. If I thought this stock was a marijuana play, I would never touch it. Same reason I don't play liquor stocks. Neither are as innocent as you seem to think. You should chill and try to do it without a crutch.
Well, if you knew fins were going to be good, you should sell everything you own and buy now. How do you know they are going to be good? Insider? Crystal ball? Ouija board? Guess? Don't really know, but hoping? Had a dream? A friend of a friends friend told you? Huh?
Newbie again. Okay I am in 79500 at .096. Probably should have waited until fins were out...but didn't.
Oh woe is me.
The only way to see it happen is to look at some calls out past the current pps and watch what happens if the pps starts to go up. The reason the cost for the 6.50's are so cheap is that they are pretty far from the current pps. But that's why some people take that chance. I think it is dumb now, as there is at present, no catalyst to drive the pps. That will change if there is a new contract, but if not, then we will see a slow decline in the pps until close to next quarters earnings.
MK, those calls to make money if they were purchased at .03 or .04, do not have to get to 6.50 to make money. I would imagine that if the ask gets to 6.05 they would be making money. It's not what the strike price is, it's what you pay for the call and what it moves to. If the price goes to .05 and the pps is 6.05 and you sell and get .05 you made money.
Well, 80,000 was mine, but alas, it didn't take. Probably a good thing as I always have bad luck when I hold or buy before fins. I rather chase then be remorseful. Good luck to everyone anyway.
Newbie here, didn't STEV file for an NT yesterday? Isn't that used to file late? Tia.
It wasn't that great of an ER, but the Hyundai deal that Andy hyped as almost a done deal, is now an almost gone deal. There now is little momo to drive the pps until some real good news comes out. I think we see the upper 5's again and trade there for awhile.
We didn't explode today because the Hyundai is now basically gone. People were expecting the JV to go through and it isn't.
It's gonna be interesting at the close. Activity will probably escalate dramatically. But will it be sells or buys, or both.
Oh my!
With this low volume, it doesn't look like there are many shorts covering. Tomorrow is gonna be explosive one way or the other. It they miss, we are back down below five, but if they meet or beat and other good news comes either before or during the cc, we explode higher. There are either going to be many more shorts after the cc or a lot less. I am hoping for a lot less.
Here's the dilemma we face going into earnings. The stock is going to appreciate probably til mid wed. Normally one should sell before the news, but it looks like there may at last be good news coming, either right before or during the cc. Andy even indicated he could not wait til then. Problem is, I don't trust him after last quarters miss, after they said right before, that they made their numbers. So what to do? And now there is a rumor that Amazon has or is going to sign a contract. If they announce that, we are off to the moon and those that sold will be thinking it is coming right back and then doesn't. Then they will panic and chase and, and, what to do?
I only hope, that whatever happens, that I make the right decision and that the shorts get creamed.
Look, this isn't working out well for me here. I wish to purchase some more calls, but I want to purchase them at a lower rate. But, BUT, it's not going back down.
What's up with that?
Actually, I hope they miss and miss the good way and beat. Last quarter was a disaster as they predicted a number two days before they announced and then missed by .01. How stupid was that? Way better to under predict and then meet or beat.
Just found it on this board. Post 14531 from KGC.
I don't remember where I read it. It might have been the Yahoo board, but you can call Plug IR and confirm it.
Afraid not. They just announced that it is an ongoing negotiation and by the sound of it, it wouldn't be anytime soon.
Looks like that Etradeguy was right about that MOU with Koreans. Delay, delay and delay. This probably won't go through now. If they were really interested, they would have completed the deal.
Oh well, prospects still look very good long term.
I think that 1724 is incorrect. I think that was the total that Ballard shipped altogether for all companies. I believe that Plug was around 286 or so. Would like to know the correct answer.
Heavenly, I don't like doing what you did in posting about that contract. You should be banned from the board for doing that. Also, if you somehow have insider info. that we don't, you should be prosecuted.
And if they don't...
And if it doesn't...
Actually, it might be better to renegotiate the price to Plug instead of buying them, as they are still losing money. Now that we have Relion, we might have more leverage. They need us more then we need them.
No, I believe they said they shipped around 287 to Plug, the larger figure was their total for all companies shipped to. But it would have been nice if that was the total to us, but no.
I think just the opposite. In this world, when good or bad news is about to hit, people now before hand and act, even if it is illegal. The pps going down now, does not look good for a formal signing with Hyundai. According to the poster Etradeguy (sic), Koreans have a tendency to put off a final decision. Hope I am wrong.
From what I have read, BLPD missed. How can they have missed when their business is up? It may not be a good idea for us to buy them, although it would lower out cost, they are still losing money.
Now if only we can get good news about a Hyundai signing, then we are really off to the races.
Here's the problem going forward. We did get that nice upgrade from FBR and then the run up into the meeting, but then there was no mention of the Hyundai deal. That is troubling. Then yesterday etradeguy posts that the Koreans are bad at completing deals. So imo, the Korean deal will be delayed if not taken off the board. But then we have the next quarters fins out in August which appear to be on track and maybe beat. So what to do?
I don't know.
Sam, were you waiting for the 4.50's or the 5.40's? Because it looks like they are both going bye, bye. Hopefully.
They should have mentioned the Hyundai deal. Either say it is dead and but it to rest, or say it's still ongoing. I don't see how they can dilute anymore without a increase from here, as the last dilution was from 5.50. How can they attract new investors if the last tranch is barely even?
I wasn't listening. Was there any new info on the Hyundai JV?