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Crackheads should not be permitted to trade stocks......and there appears to be some sort of interaction between trades on the OTC and the CSX. It is strange that on both exchanges and at pretty much the same time....a trade goes through that is not worth the value of the sale...yet pulls the stock down 50% or more.
Increase in volume......pullback on OTC.....but not on CSX. This will move up as more investors realize the O/S is merely 12 Mil with 6 Mil in company hands.
Nice quantum leap yesterday......more rises like that will get this stock to the level it should be at. This company makes stuff.....not dreams....actual physical stuff.
What fool does that....sells 380 shares for .036c and reaps the huge sum of $13.68 less commission? That's nonsensical.
Can't quite get a handle on OTC trades......a "trade" in Plaintree today worth $ 7.20 before commission....assuming there was one. Where is the logic in that?
2015 loss is down to one quarter of last years (2014)....opens possibility for a profitable 2016.
Announcement of acquisition of prestige door manufacturer.....more diversification. This is great.
It appears that someone is accumulating in small volumes.
This equity trades like it's on Crack.
Profitable 2015 Third Quarter results posted.
I know I will not get a response to this question because no one reads this board....but here goes anyway. Yesterdays bid was .061c appx...and the ask was .30c, if I remember correctly. So how is it that 100 shares get "traded" at .185c or thereabouts? How is that explained? No one I have put that question to, including brokers, have been able to give me an answer, yet the Hubble telescope has peered into the vast ranges of space and found exoplanets that could support life like our Earth. I guess that indicates that the "Market" really is a dumb place.
Now that oil is off the Canadian governments agenda ( due to its rapid drop ) it appears that said government is going to focus on assisting the manufacturing sector. I guess a lesson has been learned in not keeping all the eggs in one basket. Plaintree could benefit from any Government incentives or tax breaks aimed at Canadian manufacturing companies.
Such miniscule trades.....how does one justify a trade of $18.00, but it seem to happen frequently with this stock.
Wow....there's a big tax loss sale....$ 18.00. A Case of really cheap watery beer.
Profitable 2nd quarter......Rev 6.7Mil...Net income 1.04Mil. Net income is up 240K over same period last year. Don't know why this info is not shown under news at top. It doesn't show up on the useless FINRA ( old OTC ) site either. It was released this morning pre market opening. It is listed on Stockwatch site, but doesn't even show up on the Canadian National Exchange (CNSX).....the exchange that this company trades on in Canada.
Today's trade value was $4.40 Now that's what I call a major investment. What individual or broker would do that? What is the point?
First quarter released.......Up 1 Mil from last year but small loss recorded. Looking for a better second quarter.
Hit a speed bump for the year.......profit turned to loss due to an exceptionally cold environment. Sure wish the Watsons would sell off their shares to an entity that could bring this conglomeration of companies into a decent revenue earner. Now it is a wait for the first quarter results in a couple of weeks.
Ouch....some entity just took a $ 2000.00 hit. Too bad.... acting like an out of work doctor......no patience.
The trading in this stock looks like it is done through "Insane Asylum Brokerage".
Interesting rise in price on very low volume......?????
Expansion by acquiring Spotton Corp is a good fit for Plaintree. The company has been manufacturing hydraulic and pneumatic cylinders, components and valves for over seventy years. Plaintree is certainly moving in the right direction with growing the business plan.
Could be because the original Canadian....CNSX exchange, I believe...... changed its name to Canadian Securities Exchange, and the link has not been updated. The exchange ( CNS )can be accessed directly, and specific stock info searched by symbol. Plaintree comes up under NPT, and levels of interest are shown....but are not real time.
They have a link for the NPT stock quote on their website that does not work.
Sorry....do not understand. U.S = PTEEF & Can = NPT
This link on their website does not work:
Plaintree Systems Inc trades under www.cnq.ca - NPT symbol
Hit a speed bump with the latest quarter....and the chickens are already running for the hills. Stride to positive results remains in focus.....it is going to be a very good year.
One other positive variable relating to this company concerns their origins in FSO ( free space optics ). Very recently some articles have surfaced espousing the advantages of lasers in the area of space communications and final point to point communications in computer data transfer. Plaintree is still involved on a regular basis with original and still existing customers who use their FSO equipment.
Another order for a custom fire pumper for the emergency vehicle division. Anything that adds to the bottom line is a good thing. FSO division ( Free space optics ) could have a revival according to some latest chatter on laser use for space communications.
.057c close and that's OK because the Canadian close was .155c: It is a Canadian company after all, and that is where the value is recognized.
Moving to the upside: .145c today and 4K at .25c yesterday which, for some unknown reason, did not register on the OTC as the closing price.
Further perspective....if these numbers can be sustained and increased in the foreseeable future....the company should be able to take care of O/S amounts owing to Watson et all.
And just to put things in perspective here ....Deep Down Inc ( DPDW- OTC ) a company I have had shares in for what seems like a millennia, reported less ( by almost $600,000 ) and trades at $ 2.15......a factor of 20X for less productivity.
69% increase in sales and nearly $1,000,000 in profit for the QUARTER.....not too shabby for a company whose shares generally trade around .10c. How long can investors ignore this company on it's incredible journey back to profit and viability.
Fire truck division has just received order for two new units....news release indicates that business is brisk.
Looks like someone ran out of Halloween candy today......a $2.62c trade not including commission cost. What exact level of stupidity could even cause such a trade.
The updated news release this AM speaks for itself......
Profitable first quarter.......all that capital investment starting to pay off.
Current ask is at .25c. This is a good solid company....it's just not on investor's radar to any extent as of yet. That should change when it is compared to other companies with no real value at all that are trading higher ( mostly exploratory resource based ).
Latest News Release......Don't know why the news release of financing for Summit Aerospace in Pennsylvania does not appear on I-Hub's Plaintree ( PTEEF ) board. News releases always appear for Plaintree on the OTC. Is I-Hub asleep at the wheel?
News tidbit shows US side of confidence in Plaintree......Pennsylvania Industrial Development Authority ( PIDA ) through the Pocono Mountains Industries Inc, will provide Plaintree with about half the financing for their new manufacturing facility, the other half coming from their long time bank, HSBC Bank USA.
Summit Aero will be moving in late summer into its new 16,000 sq ft plant in Pocono Summit, Coolbaugh Township, Pennsylvania.
Don't know to do copy paste thing, so interested parties will have to read the actual release.
Bid and Ask gap closing somewhat. Should make for price advancement hopefully.
Spread is even worse today. If shares were offered in increments starting at, lets say .15c....the price would be able to climb it's way up to a higher value. Considering the prospects for fiscal 2014, not even taking into account any new business ( emergency vehicles, structures for mining industry, aircraft and aerospace mfg ) one has to wonder where the true value for the stock price will be this year. Of course, it all boils down to something is only worth what someone is willing to pay for it.
Yeah....that is really dumb. I think it's the greed factor getting too much of a grip on whoever wants to sell.
The spread ( bid, ask) is hysterical
Profitable Year.....with future $20 million in orders received which will be shipped and invoiced for fiscal 2014. Not too shabby for a .06c ask price.
It says at the intro " No new articles for this company " which is totally false. News is forthcoming on a reg basis: Emergency vehicles contracts.....aerospace acquisition ( new plant in Penn, USA ).....and today 3 million dollar stainless steel dome structure. This is an ethical and honest company working hard for shareholder value.....unlike another "piggy owners at the trough" company Deep Down Inc (DPDW).
Next earnings report should bump this stock up five fold...where it belongs. What a sleeper stock, and a missed opportunity for sleeping investors.
Bid and Asked have risen somewhat since return to profitability...there are many other companies not as diversfied as Plaintree that are losing money, have the same share structure, and are trading at twenty times this stock. One that comes to mind is Deep Down Inc ( DPDW ) on the OTC. Management have acted like pigs at the trough while the company bled red ink. I guess the chase for the money tree blinds so called investors/traders to actual value.
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On April 1, 2008, Plaintree Systems Inc. amalgamated the businesses of each of Hypernetics Limited and the Triodetic Group of Companies into Plaintree. Based in Arnprior, Ontario, the Company now operates a number of diversified divisions.
The Plaintree Systems division develops optical wireless communications equipment for Local Area, Wide Area, Voice, Internet and Security Networks.
The Hypernetics division was established in 1972 and is a manufacturer of aero-space components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators.
The Triodetic division, with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings for use in the mining and architectural markets.
Plaintree has 12,522,143 common shares and 18,325 class A preferred shares outstanding. Plaintree's common shares are publicly traded in Canada on the CNQ (NPT) and the U.S. on the OTC BB (PTEEF).
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