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Originally posted by stockhakker:
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Totally agreed. Once upon a time there was (and still is) a Canadian company called Cielo Waste Solutions. They are establishing a process turning garbage of any kind (at least that was their initial intention) into Renewable Diesel. Somewhen in the first half of 2021 they appointed the "honorable" Peter McKay to the board, a politician "with best connections", since they wanted to get the official approval to turn plastic waste into Renewable Diesel (at least this is what I remember from back then). Now, 2 years have passed in the meantime and since then no one has ever heard anything else from this "highly respected" politician other than being appointed to the board two years ago. I guess he simply gets some money from the company each month just for doing nothing.
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Until everyone accepts that in the current environment the market will use any excuse to send share prices lower…especially non producers.
