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New World

01/07/20 11:05 PM

#7623 RE: wadirum1 #7622

Continental Grain initially invested and the turn around had begun. Went from under $1.00 to very promising. It all fell apart when they bought the Mill is 2018 and completely screwed up their forecasts. To top it off, they had to retool the entire mill. Investors are p!ssed so they took it from $3.87 to $1.29. It can change now since their upgrades are complete and ramping can commence. I’m just skeptical the sales are there but I’m here for the long haul. They’ve been hyping their new SRB product saying everyone wants it but they haven’t provided any info on it. They say they’ll sell 100M to 300M pounds of it. Hopeful but I would like to know who these customers are that want it and why. Unfortunately, it’s proprietary and the only thing we can do is wait to see if the proof shows up in revenues. They better have all the BS behind them now or it’s definitely going back under $1.00 again.