Aly Energy Services (fka ALYE)

[splintered sunlight]

Can't believe this just traded at $11 last week and today it trades at $2.31.

SMH

[IU]

Yes
Latest report from June 2020
What you stated was written before the new rule.
Last week price jump to 11 on 400 shares and then drop back day after.
I sink know what they will do regarding new rules

[splintered sunlight]

I looked and this is what I found.

They filed an 8K on 12/17/19 stating:

On December 10, 2019, our board of directors authorized us to cease filing periodic reports with the SEC under the Securities Exchange Act of 1934, effective immediately. We had been a voluntary filer under such statute for several years. Our board determined that "going dark” was in our best interest as a result of the substantial accounting and other expenses relating to maintaining status as a publicly reporting company. Although we will cease filing reports with the SEC, we intend to make financial information available on the investors section of our corporate website, www.alyenergy.com.

They did file unaudited results but that was about a year ago.

Is that what you were referring to?

Thanks

[IU]

There are updated financial reports posted on their website

[splintered sunlight]

How do you know it has a strong balance sheet?

They are Stop Pink No Information and have filled in over 2 years.

It does have a very large bid ask gap, although it was 20 cents a few minutes ago.

Down 75% today - going to take a look.

Thanks

[IU]

It has strong Balance sheet
Very large Bid ask gap
very good potential for future spikes

[splintered sunlight]

Anybody follow ALYE?

[splintered sunlight]

You still in this?

[Sobek]

Very powerful interview from $ALYE CEO Aly Energy:

http://www.proactiveinvestors.com/companies/stocktube/10690/aly-energy-services-ceo-says-its-strong-earnings-will-bolster-growth