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re: Diving Deeper on Origin Materials?

Posted on 11/30/23 at 5:48 pm to
Posted by GeneralLee
Member since Aug 2004
13288 posts
Posted on 11/30/23 at 5:48 pm to
Occam’s razor would suggest this is going to zero. I’ll ride it to zero at this point just to remind myself to never invest in individual stocks again. I think this goes sub .50, maybe even down to .25 by year end with massive tax loss harvesting going on and management MIA with regards to defending the stock price. Not expecting any potential catalysts until February with potential unit economics known by then. Management obviously knew long before August that the jig was up with regards to the O2 plant getting done anywhere near the original timeline. Basically this is a Hail Mary relying on government grants, licensing deals, and/or new income streams from quicker to market products like bottle caps to survive. It’s a shame as I think the tech could still be legit, but management is obviously incompetent.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1089 posts
Posted on 2/13/24 at 2:35 am to
quote:

Occam’s razor would suggest this is going to zero. I’ll ride it to zero at this point just to remind myself to never invest in individual stocks again. I think this goes sub .50,


What is your latest assessment?
It seems there was some moderate insider buying in December.
Will this thing survive?
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