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Danimer Scientific, Inc. (DNMR)

NYSE - Nasdaq Real Time Price. Currency in USD
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18.47-0.78 (-4.05%)
As of 2:35PM EDT. Market open.
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  • G
    Greg
    Any idea when the earnings release will be?
  • K
    Kenan
    FB ipo'd at $38 before going to $18. Currently at $350 and climbing. Great disruptive companies need time. If you have time, you don't actually lose money, no matter what anyone says. I guess the guy that bought FB at $38 was actually down for a bit. I'm pretty sure he's happy with his purchase at $38 less than nine years ago. And I'm sure there was some "Michaels" on that board dumping on FB all the way down. These guys that come on here and try to dump on a company don't even register as a blip on a radar screen. Pure noise.
  • K
    Kris
    Revenue growth and big partnership agreements - that's the only thing that'll move the needle on this share price. Everything else is just noise.
  • N
    Nicholas
    In my opinion, if the stock stays between $20 and $18.90 for the next few business days, now would be a good time to buy DNMR. Because for me, that signals that the stock dip has reached the bottom and is more likely to trend upward in the coming weeks. Again, this is just an opinion. If the stock stays relatively still at least until Tuesday's pre-market, then I would invest more if you are a short seller.
  • N
    Nicholas
    Looking at the trend lines going back the last 4 days, I don't think we will have a green outcome for today. It appears that the stock will be at a standstill for some time until we get more company information. I still think the resistance line is stuck at $19.90 - 20.00 and the support line is around $18.90. Again this is just an estimate, but it seems to me that we won't get too much action on this stock until we get more info or an earnings report.
  • N
    Nicholas
    After researching for the past few days and talking with my colleagues in the market, we've hypothesized the following. The company itself is not entirely to blame for the stock price fall. Over the past few business days, the Russell 3000 and other stock markets have been in a downward trend. The markets were concerned about the reports that were mainly coming in on Friday, including the consumer reports. The consumer reports suggest that most consumers do not have much disposable income for buying goods. This means that companies such as Pepsi, Mars, and other brands are going to take a hit. This is because consumers are trying to save money however they can, including not going to restaurants.

    Along with the consumer report, the head of the federal treasury has stated last week that inflation could still very well become a problem if the Federal government is not careful (link included below). This will without question affect the market. Investors are being discouraged from investing in smaller, riskier, companies especially innovative companies such as DNMR. For the average investor, the best place to invest given the current situation would be S&P 500 companies like AAPL and AMZN, or the commodities market such as Gold and Lithium.

    Granted DNMR is partially responsible for some of the Stock downturn because of the recent financial reports. However, as I stated last week, the high costs that DNMR incurred were for "Production Improvements". The company is currently expanding its production facility as of writing this comment. The company is still partnering with Pepsi Co and Mars and maybe partnering with Starbucks in the next few months. With that said, I believe DNMR is a bullish company, but we will most likely see some decline for at least the next few days.

    Consumer confidence link: https://www.cnbc.com/2021/07/16/us-consumer-sentiment-drops-in-early-july-on-inflation-fears-.html

    Inflation story link: https://www.cnbc.com/video/2021/07/15/treasury-sec-janet-yellen-well-have-several-more-months-of-rapid-inflation.html
    U.S. consumer sentiment fell in early July to the lowest level in five months as inflation worries dented confidence in the economic recovery, a survey showed.
    U.S. consumer sentiment fell in early July to the lowest level in five months as inflation worries dented confidence in the economic recovery, a survey showed.
    www.cnbc.com
  • Y
    Yong
    Is it a good sign that the dnmr lawsuit news have stopped popping up?
  • A
    Anonymous
    Just unreal. Hello? Management? Anyone?
  • N
    Nicholas
    It appears that the trend line is moving up again. The stock had 2% growth over the past few days. Also, the resistance line is appears to be around the $19.90 mark and the support line is around $18.96 for the last 5 days. The pre-market looks good, I have a hunch this stock will do well today. Not much factual info from me today. Just an observation.
  • S
    Srvcream
    Is anybody out there?
  • E
    Elache21
    So basically, DNMR lost 20% of its value in 2.5 days of trading. This has nothing to do with valuation. This is pure manipulation. Whoever invested in DNMR knows that daily fluctuation have very little impact on the appreciation of the stock on the long term. We are just invested in a system that allows individuals to build wealth betting on the decline of a stock price. It’s sad but it is what it is.
    I’m invested long term in DNMR because I believe their impact on our society and the future generations will be significant. GLTA
  • N
    Nicholas
    Saw this article that was posted today. Recycling may not be enough to fix the global plastic pollution problem. DNMR and other bioplastics companies may have a good day today

    Link: https://finance.yahoo.com/news/recycling-isnt-enough-plastic-crisis-180340789.html
  • j
    john
    Love what this company is doing. Missed my chance at last downtrend. I entered with small position yesterday. Aware that this has decent chance of moving to sub-15 on market pullback, but I will add down to $15 if it gets there and then hold and ignore. Good luck.
  • i
    innovator
    10 TO 11$ STOCK...WAY OVER PRICED.
  • B
    Barak
    the stock is beaten down more than my wife
  • N
    Nicholas
    You guys do know that DNMR's costs are a lot higher because they are expanding production right? It is in the expense report that was posted back in March. Also, DNMR is holding all these patients because it wants to be THE bioplastics company. This company is handling the market very aggressively. The only reason why the stock went down is because of 3 things: The Lawsuit Spamming, The massive increase in production investment, and the companies market cap.

    The first 2 are pretty self-explanatory. As for the third reason, the market is just cautious because they have never really seen a pretty new company with this large market cap before; especially in this industry. With that said, yes the price may fall, but this company is investing heavily into itself and gaining patents wherever plastics can influence. That means once the expansion construction is complete in the next few months, they can start making a massive profit. This is almost guaranteed because MARS Corp, Pepsi, and possibly Starbucks are going to be working with them this year and next year.
  • M
    Michael
    And just like that it’s an 18 stock. Be careful , as things often over correct when finding fair value. Should test 17.50. Wait to buy
  • M
    Michael
    Down big on ho day. Seems pretty clear
  • E
    Elache21
    Why do we still have law suit PRs!? At least I don’t see Michael’s posts anymore!
  • Y
    Yong
    So the lawsuit ends today or something?