Itaconix Share Discussion Threads

[ragnarr] 20/1/2021 17:11

hehe - Good to hear from you Bjorn Icon a disaster - my Arb holding was average of 4.5 sold from 25p - 80p - All out now 250k profit - thank you.

[bjorn ironside] 20/1/2021 17:03

Ragnar

It's first Son here. I did short your Icon from 1p to 0.01p. And more recently I bought your ARB share at 30p and to sell them 110p a week.

Bjorn can't be Killed

Thanks Dad. See in you in Valhalla if you managed to get out of snake bellies.

[purchaseatthetop] 20/1/2021 16:50

Well we took a battering today.
Not surprised and not worried. When it rises so fast, and the actual demographic of shareholders changes due to the high volume (moving from LTH's to traders) then volatility rises. Thats where we are now. We could just as likely now rise 10% tomorrow for no good reason.
Happily I am almost same weighting in AGL and that rose a tad under 20% today so overall no move. Portfolio risk management (the most extreme type).
Have a great evening and mind the weather. Another day tomorrow.

[purchaseatthetop] 20/1/2021 15:57

I love DMTR. Genius scientist who wants to meet aliens. Artificial intelligence. Global chemistry internet platforms. Large shareholder selling down keeping prices low. Many new contracts being signed. High operational gearing. Ticks all the boxes. Lunatic share that may 100 bag.

[ragnarr] 20/1/2021 15:54

I see you are also in DMTR - good choice imo

[purchaseatthetop] 20/1/2021 14:58

Good call Ragnarr and well done. I simply hold and keep as nothing changes. I have traded in the past and was rubbish at it. I buy on value and hold.
Fortunately I put around £3k a month in my SIPP so have regular fresh funds for new investments.
Come 1 Feb that 3k is going into MCRO to pump up my holding ready for 8 Feb results and then a 33% share price increase.

[ragnarr] 20/1/2021 14:53

In the interest of transparency i have sold a third of my holding (500k) here yesterday/today simply as a strategy of when the opportunity arises allowing a bulk to ride at zero cost.The recent rise has been very helpful in putting ITX into a new price channel - I can see a bit of drifting now but the rest of my holding is now longer term with a target of 20p plus.

[markinvestor] 20/1/2021 14:32

my 218k share buy still not showing

[parob] 20/1/2021 14:23

Interesting sector news out today.P&G Boosts Sales Forecast as Consumers Keep At-Home BehaviorhTTps://www.bloombergquint.com/onweb/p-g-boosts-sales-forecast-as-consumers-keep-at-home-behaviors(Bloomberg) -- Procter & Gamble Co. boosted its sales and profit outlook on expectations that surging at-home demand for its toilet paper and laundry detergent will continue, even as the rapid pace of growth took a slight dip in the latest quarter.

[lefrene] 20/1/2021 12:39

dave545, the results will demonstrate that it's precarious days are fast disappearing in the rearview mirror. The rapid increase of products containing ITX on the shelves of major retailers, tells you that it's breaking out of the invention period and into the commercialisation period, into a segment that is the darling of the day.

The price might pull back a bit further as traders release cash, but the investment case improves almost by the day.

[purchaseatthetop] 20/1/2021 12:25

I added at 7.05p which I was delighted with. I thought those days had gone. Buy on ther dips. Would not be surprised to be back around 7.5p and of day.

[astralvision] 20/1/2021 12:20

Buyers coming in now.This is a quality company, no doubt about that.Will go from strength to strength.

[parob] 20/1/2021 11:50

Absolutely lefrene. This is a long term hold for me, perhaps a forever hold until they're taken over. I'm going to email smol to ask if they're planning on using Sodium Polyitaconate (like their US competitors Dropp!)Will let you know if I get a response.

[dave4545] 20/1/2021 11:29

lefrene

the last thing this stock wants to do is issue results, then you see how rubbish the company is again and price will tank.

[dave4545] 20/1/2021 11:28

It's totaly disbelief that people could pay 8p for this when it was 2p a few weeks ago

Parob come and ramp my stocks please they are all struggling near the lows

[lefrene] 20/1/2021 09:34

It's had a good run pretty much quadrupled in a month, so it has to take a breather, perhaps when the results come out it will get another impetus? The number of products appearing in the market place suggest that it's not far off going mainstream, ie the default ingredient. One to tuck away for a couple of years.

[purchaseatthetop] 20/1/2021 09:14

So...ITX takes a breather and AGL and DMTR suddenly shoot upwards. Swings and roundabouts if you have the right portfolio.

[geraldus] 20/1/2021 09:09

Nothing goes up in a straight line.I hope the forthcoming statement is what the market is expecting. Gla.

[purchaseatthetop] 20/1/2021 08:43

now....thats the sales over. little top up done. thanks. time to rise again. nothing has changed except the share was cheaper.

[geraldus] 20/1/2021 07:55

Good research gives you an edge.A pioneering partner and first purveyor of the Pod.

[parob] 20/1/2021 07:10

Then in August of last year they were ranked #289 on Inc 5000 America's Fastest Growing Companies In 2020 - with a growth rate of 1553.48%!hTTps://www.dropps.com/blogs/press/dropps-ranked-289-on-inc-5000-americas-fastest-growing-companies-in-2020Inc. Magazine revealed that Dropps is No. 289 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. This is the second time that Dropps has been recognized, marking the culmination of the company's successful transformation into a direct-to-consumer household cleaning company. With an impressive growth rate of 1553.48%, Dropps ranks No. 1 in the city of Philadelphia, No. 4 in the Philadelphia-Metro area, No. 6 in the state of Pennsylvania and No. 31 in the Consumer Products and Services Industry."Dropps is reinventing cleaning for good. We eliminate everything you don't need and shouldn't pay for, delivering high performance, sustainable products that make life simpler," said Jonathan Propper, founder and CEO of Dropps. "The brand has seen a tremendous amount of growth over the last three years, and it is our valued customers that we have to thank for that. To know that everyday consumers have made a deliberate choice to choose a brand that looks after them, their families, and the planet, is nothing short of amazing. Thank you to Inc. Magazine for the valued recognition. The road ahead is uncertain for many, but we stand strong in our belief that sustainability and wellness will be more important than ever, and Dropps will continue to grow and innovate for a more healthy and environmentally-forward future," continued Propper. The list represents a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.As a disrupter to the laundry and dishwashing category, Dropps attributes the growth and success over three consecutive years to the brand's transition into a digital-first, direct-to-consumer company. By exiting out of traditional brick and mortar retail, and focusing exclusively on e-commerce, Dropps has since obtained greater customer insight resulting in greater sales and brand awareness. Growth continues in 2020, with Dropps securing its first external investment from socially-conscious investment house, The Craftory. The investment, coupled with new C-Suite hires (including CMO, CIO and VP of Research and Product), along with the unexpected growth in green cleaning categories courtesy of the global pandemic, has primed Dropps for a continued growth trajectory for years to come.

[parob] 20/1/2021 07:10

Now what's interesting is they secured $16m worth of funding at the start of last year to scale up their business:Dropps Announces Financial Investment from Radical, "Anti-VC" Firm, The CraftoryDropps will use the $16M USD investment to continue on its mission of disrupting the CPG household cleaning category with sustainable products shipped direct-to-consumer.Company Release - 2/18/2020 Worth reading the whole article:hTTps://www.dropps.com/blogs/press/dropps-announces-financial-investment-from-radical-anti-vc-firm-the-craftory

[parob] 20/1/2021 07:09

Hi Purch, yep I'm in all those stocks you mention plus recently been buying lots of LIT too!Was doing some more digging into Dropps last night. They are a fast-growing direct-to-consumer laundry/dishwasher detergent company based in the US. Very similar to smol in the UK who I use: hTTps://smolproducts.com/Itaconix ingredient CHT 122 (Cas number 1052620-22-0) can be found in three of their products:Dropps: Oxi Booster laundry podshTTps://www.dropps.com/products/oxi-booster-podsDropps: Lemon Dishwasher detergent podshTTps://www.dropps.com/products/lemon-dishwasher-detergent-podsDropps: Unscented Dishwasher detergent podshTTps://www.dropps.com/products/unscented-dishwasher-detergent-podsCheck ingredients to find poly(itaconic acid-co-AMPS) sodium salt* listed, with Cas number 1052620-22-0, for eg for the Oxi Booster laundry pods:hTTps://cdn.shopify.com/s/files/1/0268/4219/files/Dropps_Laundry_and_Household_Oxi_Booster_Pods_Unscented_Ingredient_Disclosure.pdf?v=1605391472Which matches with:hTTps://itaconix.com/wp-content/uploads/Itaconix-CHT-122-TDS-V1.0.pdf

[purchaseatthetop] 20/1/2021 06:05

Bosbus...parob is a deity to many of us. He mentioned to me that ITX was a good bet. I bet and have nearly four bagged already. Have a look at BMN and AGL plus DMTR for good shares IMO.
Mark Twain called a mine a hole in the ground with a liar standing beside it. Not much has changed!!!
Good luck.

[bosbus] 19/1/2021 20:05

Thanks parob for all your research. I bet heavily on AAU- even re-investing my as yet unpaid divi but have been saved by a bet on ITX at sub 2p. Good craic on this site