Can you handle the following AMRS 50c I Expect A Double And Even A Triple This Year. Long-Term Potential Is $10 And More 3 comments Sep 21, 2016 4:01 AM Summary
Amyris has been on a tear lately. Its shares have gained over 30% in the last two week on ever increasing trading volumes. This trend is expected to continue. Recent positive news about major partnerships with industry leaders in various markets suggest that the blockbuster potential with this industry leader is finally about to unfold. Amyris has grown sales of its own products at double-digit rates for the last three quarters. This trend is expected to continue as the company keeps developing award-winning products. AMRS expects to end the year with a stronger balance sheet due to upcoming no-core sales and debt-reduction initiatives. The company expects to make announcements shortly according to a recent investor's presentation. The company expects to report record 3Q and 4Q revenues and forecasts ending the year on cash-flow positive status for the first time in company history according to its most recent press release.
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