This from a commentor on SA in the now old, Kevin Quon enormously long excellent article about SZYM with comments:
With what I believe the shorts being statistically correct 80% of the time with the direction of a stock, we all need to take in to consideration by the time the April 30th comes what will the short count be then? Unfortunately we won’t have that info until around May 9th. Clearly that info would be great to know before the earnings report on May 5th, but I am going to take a guess and say the short % will be a lot lower. One thing will be for sure. If on May 5th the CC does not have the news we are looking I wouldn’t be surprised to see when the short holding as of April 30th being closer to 16 million shares.
Now me personally I am am thinking with this earnings report being 21 days early where the last earnings was Feb 26th 3 months would be end of May. When people have good news aren’t they excited to tell people as soon as possible! Also with GS putting SZYM as their headlining stock on their home page, wouldn’t it be a poor representation to see one of their pics get crushed? Also I truly believe Moema has been running as SZYM management promised end of March, Beginning of April. Yes they have missed the end of the 2013 target and to date just because they have not announced the facility is running doesn’t mean its not. Based of the fact provided in an earlier post SZYM was given full operation permits 3/24. So that matches their guidance for commissioning. They then stated production 1st week of April which based off them getting their operating license a week prior they will have in fact full-filled guidance for Moema going into production. The one thing they did not state was when they would let the world know when if they did or did not achieve the milestone dates.
So basically we have the metaphor if a tree falls in the forrest, but no one is around to hear it, did it make a noise? 100% ! Im all in!
Now me personally I am am thinking with this earnings report being 21 days early where the last earnings was Feb 26th 3 months would be end of May. When people have good news aren’t they excited to tell people as soon as possible!
End of FY earnings reports often take longer to release than quarterly (Q1-Q3) earnings reports so to suggest that the timing of the Q1 release has anything to do with the content of the report is unfounded speculation.
Moema plant may or may not be delayed for weeks or even months. That is a short term issue. The company has been in development mode for so many years and now is in transition to volume commercial production. It would be unthinkable if there would be no setbacks or delays here and there. As long as the long-term prospects are the same, depressed stock price is a favor to us.
As long as the long-term prospects are the same, depressed stock price is a favor to us.
Oh, I agree totally, view, which is why it’s my 7th biggest position. I was just saying “Don’t read anything into the quarter earnings coming earlier than the annual”.
End of FY earnings reports often take longer to release than quarterly (Q1-Q3) earnings reports so to suggest that the timing of the Q1 release has anything to do with the content of the report is unfounded speculation.
Thanks Chris,
I’ll head back over to the SZYM article on SA and straighten them out. Maybe they have more info since frankly, I’m very excited about SZYM’s prospects and a bit antsy to see the ship taking off.
Plus, I do think the MOEMA plant will be announced on the 5th anyway.
Mykie
The company has been in development mode for so many years and now is in transition to volume commercial production. It would be unthinkable if there would be no setbacks or delays here and there. As long as the long-term prospe
Hi Mview,
I agree wholeheartedly. Now let me say, if in fact they do come out finally with a producing plant and a delivery or two already on the way, that would be smashing news. That is what I am hoping for. Tying in the GS prominent positioning of SZYM on their brochure, their recent good business with Nordstrums, well, following up those feats with a fast ball right down the middle seems a logical sequence to me.
I don’t think it makes sense to disregard popular sentiment and on the boards over at SA, there are lots of investors hinging on this info. We won’t have to wait very long to find out since the CC is on the 5th and they must say something about the plant there as well as what they intend to do with the raised millions.
An optimistic Mykie but old enough to manage disappointment