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Monday, February 06, 2012 7:48:23 PM
MBLX $2.90 Bounce play alert SEE CHART ..
30m float.. 30% short interest.
MBLX insiders have filed 6 form 4's between Jan 31st & Feb 3rd buying call options for a total of 500,000 shares @ $ 2.66 .
MBLX fell hard Jan 13th when Archer Daniels Midland announced they woukd be terminating their JV w/ MBLX.
Coinincidently ( Not ) ADM filed horrible financials on Jan 30th announcing the Co.'s fiscal-second-quarter earnings fell 89% on weakness at its grain-processing and trading businesses and a charge from the shuttering of a bioplastics venture.
( that would be the MBLX deal )
30m float.. 30% short interest.
MBLX insiders have filed 6 form 4's between Jan 31st & Feb 3rd buying call options for a total of 500,000 shares @ $ 2.66 .
MBLX fell hard Jan 13th when Archer Daniels Midland announced they woukd be terminating their JV w/ MBLX.
Coinincidently ( Not ) ADM filed horrible financials on Jan 30th announcing the Co.'s fiscal-second-quarter earnings fell 89% on weakness at its grain-processing and trading businesses and a charge from the shuttering of a bioplastics venture.
( that would be the MBLX deal )
Not a reccomendation to buy or sell.
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