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never heard of tax loss selling in April, where do you take this crap from?
look at their review on google, it is horrible. I am referring to H.C. Wainright. What do you make of this?
Let's hope management knows a thing or two about these things, and the dilution will not happen. It seems something is lacking from the management to properly present and position $biof on the map.
yes, it should be positive. A bit surprised by all the selling in the last weeks. Yesterday also huge volume.
looks like they are raising 2.1mil. A bit strange, I thought they will try to raise the stock price much higher prior to offering. Did not expect this, especially at these levels...
yes, I would agree. It is also interesting some huge blocks of buy. Maybe we are close to some great news to send us higher?!
Surely hoping so...
i hope it will be way sooner than that...
will they provide an update on gen 4 output this week?! Or, is it wishful thinking :( let's see. Now we are about 6 months since the April release, so we should be close...
would be nice to see the output results soon. Maybe that will move the stock a bit up?!
At least, we made it back into the channel from the puked level :(
I found this article, seems from a few days ago..
http://undertheradarminute.com/
wow, are you sure it was biof? A bit strange at this juncture since they're a year away or so from commercialization, and promoting on such a big channel makes not much sense now, but curious, is he 100% sure it was $biof?
Decent bounce, back in the channel. Will they provide any updates soon?! Let's hope so...
Altitrade, just curious, in your first post on seeking alpha this year, I believe you mentioned that you based your decision on research and multiple visits to their sites.
Have you been to their site lately? Do you know, should we expect the gen-4 test results anytime soon?
I think investors are waiting for output proof (at least this should put some confidence in the stock and the cts 2.0). Verified results on the output, its cost, efficiency, continuous operation, scaling, etc, etc. This will definitely help.
Also, I was patient enough, I was in this company since 2016 or so... Ben is in charge for over 2 years now. He gave the timelines back then, and they are always delayed.
I think waiting for so long is quite enough.
Regarding GEVO non-sense, I meant to say that finding other reasons why the stock is dumped (like gevo news) is nonsense. This is a huge market, and gevo is a few steps ahead of biof (to say the least).
What gevo does has zero impact on biof at this stage. Will it matter in the future? (probably yes), but saying that news from gevo affected biof is not correct. It is a huge market, even if both companies are fully developed now, there should be no issue finding clients, so the gevo news is irrelevant here.
It is mostly due to the lack of news from biof, and constant delays (I hope this is the only reason). Because looking at how many shares were dumped in the last two days, makes me wonder if there might be something we don't know... I hope it is not...
I have enough shares, (and I am in this company way before you) maybe more than enough to feel comfortable. It is pure and simple at this stage, they need to provide news on development and the cts 2.0 results. It is really about time!
no it's not. gevo is already a developed company that is about to get real revenue. BIOF is under the radar and has nothing to do with the other news. This is non-sense.
I guess you love losing money... Glad you are happy with the performance, but I am not loving any bit of it, the stock behaves like junk lately, and there is nothing good about this action, price level, or management silence.
Maybe you should sign up for their PR team, and promote how great this stock has done one a few days when it was promoted via an article on seekingalpha...
nothing bad, just down about 80% since January... all good....
correct, let's you wonder maybe there is something we don't know, and somebody knows that things are not good?! Not saying it is, but this is also a possibility, selling over 1 million shares in two days, is a bit strange, especially at these levels...
either way, this sucks, even at .2 we are way down from where we were at the beg. of the year...
wow down to .13.... this is unreal...
yes Altitrade many things can happen outside their control. However, there is also some blame on them:
1. Back in 2020 (beg of the year) Ben said this year will be a breakthrough year (and that year was the opposite of that)
2. Also, he said a semi-commercial plant will be ready by early to mid-2021, and revenue will start by beg. of 2022. None are even close to being achieved. These dates and guidelines were provided by them, not me...
3. The constant date change and delays are not looking good while lacking communication from management (other than patents update).
4. The cash they raised at beg. of 2021 should be close burned (I would guess at this point, or close to it), they will have to raise new capital, and based on how the stock is performing, we are in a very tough place. (Maybe Anthony Santelli can buy or lend $1.5 mil he sold, and invest back at these levels)?!
5. While corona is def a factor, this has been going on for quite some time, and it is the same theme -delays over huge delays, and no real and verified data coming from their cts 2.0 process.
It is unfortunate for investors, and I hope things will change soon.
the cfo made it ok, he sold about $1.5 million worth of stock...
Maybe Altitrade is unloading...
maybe they should stop putting news about the patents and start providing real result-based news on the cts output, etc...
who cares about rsi when this is a dev company, and they do not deliver on what they say?! there is no technical support here unless they start providing real results...
is it broken now?!
Just wow... what an action lately... very sad to say the least...
this is becoming tiresome, where is the real news on output numbers, where are the funds, where is a deal, where is outside interest in the company...
All we have is a presentation and some filed patents, and always a mention of $Billions of dollars markets...
yea, management is really not doing the communication. where the hell are they? look at the stock price, this is nuts
well, quite a disappointment so far to say the least :( I guess the CFO made ok selling over $1mil worth of stock around $1.
Sucks there is no real news on development and on the prototype. Why would they put something in April and say it will take 4-6 months, and then not follow up on it?! This does not look good so far...
Enough time has passed for them to start showing us something...
who would have thought this would crater back to where it is... sad... almost a year passed, and we are nowhere better off looking at the releases and at the stock prices.
where are the update and test results?
why nothing so far from management on development?
Seems like even Altritrade gave up, no update as well :(
Yes, that I follow... Let's see... thanks
why august? curious
We NEED NEWS!!! I hope this month they will put something out....
No doubt. Let's wait for them to give us an update of where we stand, it's about time...
Last year after the BK restructuring, they expected 18 months for commercialization and for some revenue to come in. I doubt that will hold true, things are dragging a bit longer and longer.
Ben keeps saying this is a new company and restructured, but he needs to provide updates and keep the timelines close to realistic as possible. After one year, he keeps giving the same timeline, would be nice to see something decisive soon...
They provided the presentation with an outlined plan back a few months, and with the last press release, they stated about 4 months till improved its 2.0 semi-commercial scale output. This might be falling nicely with that time frame.
I would guess by September, we would have a better idea of where things stand, and hopefully, things will start moving forward by then.
Your guess is as good as mine, but I would think we are getting ready for the technology to start showing its potential.
ok professor, if you so say...
Some updates from management in the near future would not hurt.
This is a different company than it was under Dan, so we should not compare what happened during the past 10 years, and what was achieved since after the restructuring.
In their last press release, they said it will take 4-6 months for the new scaled-up reactor. Till then, would be nice to hear some updates from them.
There is a lot of potential in this company, and any positive development, such as license agreement, etc, would move the stock significantly.
Till then, we have to wait. Always complaining about the management is not going to help
yes I was thinking the same, and waiting for this company to start showing its true potential.
BTW, great analysis and thanks for your updates. I looked at your blog, and it seems from your other 3 micro cap stocks, you are by far more invested in allm. I guess it is safe to say you see this one with the most potential.
I am on the same camp, and want to ride it all the way up. Let's see what happens.
With all respect, why would this be positive: "Furthermore, if the notes are not paid within a 5-year period from exiting Chapter 11 bankruptcy (September 18, 2019), the notes will be discharged.
In essence, the debt would get wiped out, and taken off the books."
I am not looking forward and holding into a company that would think not paying its debt in 5 years is an accomplishment. I want them to make money and pay this debt hopefully by the end of next year.
To hope that this debt will be wiped out (due to nonpayment), in no way is positive to me. While I understand what you meant, let's not hope this will be the case, and I am really not looking forward to see no revenue in the next 4 years...
Based on their press releases, they provided guidelines and a plan on future "expected" revenue. Based on that, they project this company to generate tens and hundreds of millions in revenue, and paying a 2mil debt should be their last concern, if all will come to a realization.
But so far, we are taking their word for it and patiently waiting... Until we see commercialization or at least third-party results on cts 2.0, the stock will be no further north than it is now.