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Dadd

08/27/07 9:48 PM

#53 RE: The Virtual Cat #52

Actually, if you read the professors letter and paper (Earlier posts of mine here), it is a reasonable effort to cut carbon in the atmosphere.

Dadd

HowardHughs

09/02/07 12:27 AM

#55 RE: The Virtual Cat #52

My guess is .10 considering the market cap and the future dilution that is very likely to come.I received the pump letter today and have read the articles about using iron dust to seed the ocean and create plankton blooms.If it works the bloom lasts 2-3 months and then dies off.One ship "could" generate up to $200 mil per year according the pump letter by selling carbon credits.I think this stock is way too risky and over hyped.To me the market cap is too high and should come down to $10 mil at least before one is willing to roll the dice.There is real potential here and I think there will be positive results.But just how much carbon dioxide will actually be removed and how consistent future results will be are important factors here.The chart looks weak imo.I say let it drop. As the ship begins it's voyage I suspect confidence will subside and doubts will drive the price down over the coming months.Once early reports start flowing the price should find a bottom if they are positive.If they are negative you can say goodbye to your money.