Nov. 4 at 2:21 PM
$PESI Concern over the shutdown's impact has now cost the company and its shareholders
$2.40 per share in just the last four trading days since the recent high on October 29 (based on the last premarket trade at
$12.51). If the shutdown continues until the end of the week, it probably costs them a bit more. It's the inescapable part of doing business with a dysfunctional government as your prime customer. Looking at
$10-
$11 range as a "sweet spot" of interest. It is as if vitrification never happened, or does not matter. Shorts will not cover until the shutdown ends. I am really, really surprised vitrification start-up has completely escaped national attention or media coverage, The Tri-City Herald and that's about it. The shutdown, its forward impact, could dominate the Q3 CC on Monday. The company scheduled the CC some 10 days in advance, maybe hoping the shutdown would be over, and that they not have to focus on it too much. Usually the CC comes pretty soon after the announced date.
