re: Diving Deeper on Origin Materials?

ORGN cratered almost 22% on Monday. Swift rebound since then. I have to admit, I'm a little skeptical of their new CFO. He diluted his last 2 companies after getting on board.

Anyone know if this baby is going to 0 or not?

I bought a small amount last year, like really small, just to support a Louisiana venture. Haven't kept good tabs on the company in any respect, wondering if I should harvest these losses or just sit on them. It's not enough money that I need to sell it or anything, I don't really care either way, just don't want to waste opportunity cost if it's definitely dead at this point. Wondering if I can lean on someone else's knowledge here

I dumped all of mine between $3.70 and $1.30 as it dropped. Should have been smarter given the market cap and interest rates but live and learn and never put too much credence in pre-revenue company long-term guidance.

The Discord channel would probably be the best place to get opinions on where it could go from here: Discord

I'll be watching the class action suit. Management did seemingly make misleading statements on funding requirements during calls this year but whether disclaimers insulate them is not something I can gauge and who knows if they'll still have any cash to pay out if there is eventually a judgement favorable to shareholders.

That wasn't really insider buying in December, just vesting of options.

I do not think the company has the management team with the competence needed to survive. I've never seen a company so willingly let its stock price decline for months on end with no support. It's almost as if management wants this stock to go to zero. 90+ days with no press release since the last one where they laid off 30% of their workforce. Earnings report in February should tell a lot, if it's more silence or delays then that's it, in my opinion. Origin's technology, if it can work at scale and be somewhat cost competitive at least, needs to be sold to a company with a competent management team and a balance sheet strong enough that can deploy the tech.

If the technology can't work, then the company should be liquidated and remaining cash (which is like 2x the current market cap) returned to shareholders, but Origin's management is too stubborn to give up on their science fair experiment and will never let that happen.

So, are we backing up the truck and loading under $1? I wrote them off back in January

Seems like there’s a chance that their new PET cap invention will keep them afloat while continuing to develop their core biomass conversion tech.

Tuesday’s caps PR

Today’s caps PR

Touched $1.30. ER Tuesday, May 14 AH. Watching closely. Buying again under $2.