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No. of Recommendations: 8
Well that brought back a lot of memories, Dan, thanks (not all good! 🤣).

I was in Solazyme and remember following Quan and Maxx's articles. IIRC, I bought in from around $7-$10, saw it increase to $14, then watched it drop to the low single digits, I think continuing to add down to about $4, and finally sold out around $2 (maybe?).

I wasn't following Saul or this board at the time, but I do remember a post on the Solazyme board from Saul (after he had exited, obviously, I actually never knew he was even in it) that clearly stated that at their current revenue run rate at the time, they could NEVER become profitable or be worth what the company was being valued at. I remember ignoring that until my shares were near worthless. Luckily, I was dealing with MUCH SMALLER dollar amounts at that time, in that my portfolio was much smaller, and I was following the typical MF mantra of buying many stocks (had 60-80) and holding forever. So I had probably not more than 1% allocated to it (I didn't even track that stuff at the time).

One good thing that came out of that, was that Saul's post on that board, I think, was one of the factors that got me following this board more. If so, my loss on Solazyme paid off immeasurably by what I've learned and gained (financially) here!
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