Watching this tree getting shaken each and every day by some that feel this is a scam or still in BK, only make more profit for those who are long...
Think about it...
1) We know that Assets are more than Debt.
2) That there are "Multiple" bidders that are vying to either finance or buy out this company.
3) These bidders are NOT fly-by-night companies and are worth millions if not billions.
4) BioAmber have valid patents that are invaluable to this industry.
5) Whoever wins the bidding, will definitely be putting up some big bucks knowing who is in the hunt also.
6) Whoever wins the bid and let's say, buys the company... will become the Number 1 producer of Succinc Acid, as they would have the facility to do so and that BioAmber held that position until it's demise.
7) Whoever buys or wins the bidding will not have to build a plant to manufacture since it is already up and running, in fact. could expand it's operations since it does hold enough real estate to do so.
Those that have ideas that this is a losing proposition, think again... The lower it goes, the better the selling percentage becomes, as well as it will lower the cost per share and that brings more bang for the buck when all is said and done.
So, it is my opinion that I really don't care what others say against this deal... if they are not buying or have sold and took profits... good for them. They might be watching a rocket take off, on the sidelines like being a Cape Canaveral... So let this drop, in fact the lower the better... it just means we can load up more at a cheaper price and profit bigger when the time comes... which is not that far away.
Dragon52
News 
Market Data 
Discover 
