Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna Message Board

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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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From: PaperProphet	3/25/2019 11:25:24 AM
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Sonovabee...I missed shorting LOOP for round 2. I covered my short last time when they received a cash infusion from unwary investors. LOOP is a worthless company trading at $8 and pretending to be green by turning PET plastic into its constituent parts. I didn't think it would start dropping this soon after getting the new cash infusion since that investment amount buys the company around a year of additional losses. It's eventually headed for zero but that could take a few years and paying borrow fees to be short for that length of time could be prohibitive.

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