4 scenarios, 3 positive one bad The key is that
Post# of 640
The key is that both Short and Belt are working on expired contracts with the automatic one year extension. Belts extension runs out in June, Short's next December .
Positive # 1-- The company is going to be sold before Belt's expires. Short would not sell it down here, but he and his buddies want more than a double from here, that is way too low for them. Legacy shareholder will lose on the deal, unless they have been averaging down.
Positive #2--- A majority buy in is already planned, but Short wants the stock up first. I still maintain the Bunge former exect at Irgovel is there to open more plants like he did other oils in Russia.
Positive #3-- Some other really big news will come soon and Belt and Short will get new and bigger contracts then that would not seem justified now. I poo poo this one because Short last year bought a $500,000 property in Bend Or.
Negative--- Short and Belt are under fire and have been told they are out by next June if they don't perform. I poo poo this because Short in August got a bonus of $600,000 shares of stock. If things were bad he would not have received that. Also, insiders buying with their own money does not point to a dying company.