Danimer Scientific Inc DNMR

Chemicals Specialty Chemicals

Danimer Scientific, Inc. is a performance polymer company. The Company specializes in bioplastic replacements for traditional petroleum-based plastics. Its technologies include Polyhydroxyalkanoate (PHA)-based Resins, Polylactic acid (PLA)-based Resins and Rinnovo. It harvests the PHA from the bacteria, then purifies and filters the bioplastic before forming the non-formulated PHA into pellets. Its PHA is a naturally occurring bioplastic that effectively biodegrades in both anaerobic environments, such as a waste treatment facility, and aerobic environments. It sells the PHA under its proprietary Nodax brand name. PLA is made from dextrose derived from corn, sugar beets and sugar cane, among other sources. Applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. The Company primarily markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry.

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Danimer Scientific Inc > the sky is falling, the sky is falling

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Comment by CommonCentsforDollarson Mar 25, 2021 4:43pm

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Post# 32880001

RE:the sky is falling, the sky is falling

I don't know anyone selling on this dip, everyone I know is taking this short seller foolishness opportunity to add shares.

Added some Calls today.

Short sellers are buried in shares they need to cover. Give it a few days or a week and this will squeeeze right back up. Short position is out of hand for a low shares out stock. The WSJ article was their life preserver attempt.

eom
momo