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20 million shares will be traded today
$8 short Squeeze close ? $10 open tomorrow ?
It could depending on if it can hold $5.00 but I played it twice just watching it now.
Does this go to $10 today ?
Float must have rotated like 10x so far lol.
Agree volume is crazy!
Nice $CLNT
Could easily see $10-$12.00 today $CLNT
nice trade ET
6.99 hod!!
so far
CLNT
HONG KONG, CHINA--(Marketwired - May 9, 2017) - YSK1860, an investment holding company with investments in different countries covering a wide range of sectors from traditional construction, real estate, trading to environmental and the Internet, today announced that on April 27, 2017, it acquired all of the shares of Cleantech Solutions International, Inc. ("Cleantech Solutions") ( NASDAQ : CLNT ) previously held by Cleantech Solutions' Chairman and CEO, Mr. Jinhua Wu, and his affiliates.
Pursuant to the terms of the agreement, YSK1860 purchased 416,249 shares of Cleantech Solutions stock from Mr. Wu and his affiliates for $970,000, or $2.33 per share. Mr. Wu and his affiliates decision to sell their shares was based on personal reasons, and Mr. Wu will retain his positions as Chairman and CEO of Cleantech Solutions going forward.
Commenting on the transaction Mr. Wu said, "The decision to sell these shares was personal, and I am pleased to have found an investor with the patience, vision and expertise to support Cleantech Solutions now and in the future. I look forward to staying on as CEO as we work on improving existing operations and exploring other areas with growth potential."
Half out 6,94
Or new 52 week lows by today .. Clnt 10q was horrible
* * $CLNT Video Chart 04-25-17 * *
Link to Video - click here to watch the technical chart video
$15.00 by tomorrow
Closes over $9 today !!
If only I had money, I would buy a boat load of this stock. The company has $9 cash per share. So, each share is worth $9 at a minimum. What do you all think?
If only I had money, I would buy a boat load of this stock. The company has $9 cash per share. So, each share is worth $9 at a minimum. What do you all think?
Hopefully a nice pop to $8 to get another short into. But I doubt it hits it again.
I dunno but shareholders should be able to claim damages and get their money back if any stock shows up on the unable to deliver list (naked shorted in the millions by Mm's who sell shares they don't have).
THIS ILLEGAL ACTIVITY HAS TO STOP - IT'S OUTRIGHT THEFT!
Where does Monday put the shorts?
Trading range pps?
Send me a PM w/ email if you're interested in joining a channel with some legit traders. "Enhanced Investors".
Do you have a team you trade with or are you running solo.
MM's shorted 15 million shares from $10.50 to $6.50 when only 1.2 million shares actually exist.
They have no way to cover in 2 days.
They went too far this time.
* * $CLNT Video Chart 04-07-17 * *
Link to Video - click here to watch the technical chart video
Weekend profit takers coming in.
Don't blame em
Let's get this over $9 again
Maybe. The 15-minute chart is suggesting the next leg up is commencing. Let's see.
THIS MARKET IS CRAZY
BOTH BIG BOARD LOW FLOATERS & OTC= https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130286988
CLNT $10.70 non atop
CLNT $10.50 :///
CLNT $10.17 wow
Maybe $10 + today!
That's gonna leave a lot of shorts that have to cover. Back to near $10. Geesh is right!! lol
Almost 9 million traded!!!
Crazy action
Float is only 990k
already back to $7's
crazeeeee
CLNT
Back in action
Damn! CLNT $10 coming
Nice!! Heck...green is green. $9's back again. Where do you think this goes from here with 4mil+ trading and only 800k in the float?!?
$CNLT
ME2
Filled Buy 500 CLNT Limit 6.20 -- -- 08:46:44 04/07/1
WENT IN SMALL BECAUSE OF VOLATILITY
Oh chit! Damn...should have grabbed a ton...but you never know with these wild ones. Hang tight and sit back now cause there's really no float here!!
$CLNT
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Cleantech Solutions International is a manufacturer of high precision metal components and assemblies. The Company supplies fabricated products and machining services to a range of customers. Many of these customers supply clean technology equipment such as wind turbines or require increasingly energy efficient equipment for their own manufacturing processes such as dyeing and finishing machines. The Company’s success has been built upon:
World Class Provider of Precision Forged and Fabricated Solutions
Leading-Edge Technology
For our dyeing and finishing equipment customers in the textile industry, we design, manufacture and distribute a line of proprietary high and low temperature dyeing and finishing machinery. Our products feature a high degree of both automation and mechanical-electrical integration. Our products are widely used in dyeing yarns such as pure cotton, cotton-polyester, terylene, polyester wool, poly-acrylic fiber, nylon, cotton ramie, and wool yarn. Our latest airflow dyeing units use air instead of water, enabling our customers to meet stricter environmental standards, reduce their input costs, and produce textiles with fewer wrinkles and less fabric damage.
For our wind power and customers in other industries, we manufacture and supply rolled rings and other related components. We use the latest axial close-die forging technology to manufacture rotary precision forgings, using forging equipment which we manufactured for our own use. The axial close-die forging technology reduces the use of raw materials by as much as 35%, provides a high precision and surface flatness, reduces the cutting output, has excellent mechanical strength and high flexibility, and is a fully automatic operation.
High-Quality and Outstanding Performance
We believe top-quality is a must. Our impeccable reputation for delivering flawless precision components and assemblies is a result of our rigorous internal quality control process which exceeds even the most stringent quality requirements of our customers. Our leading technology and high-quality manufacturing facility enables us to deliver superior quality, high performance forged products and industrial machinery and components.
Successful Track Record
At Cleantech Solutions International, we have over fifteen years of management, engineering and technical experience in supplying components and building large-scale complex metal assemblies/systems to meet the most demanding customer requirements.
Market Value1 | $14,011,749 | a/o Nov 06, 2014 |
Shares Outstanding | 3,859,986 | a/o Aug 14, 2014 |
Float | Not Available | |
Authorized Shares | Not Available | |
Par Value | 0.00002 |
Our Products
World Class Provider of Precision Forged and Fabricated Solutions
We manufacture rolled rings and other related components designed to be used in the wind power industry as well as for other uses.
Die Forging for Greater Strength and Flexibility
We employ axial close-die forging technology in producing precision forgings, a technology for producing rotary precision forgings. We made the forging machine ourselves, providing a strong advantage in machine maintenance and cost compared to other companies using foreign equipment.
Our rolled rings are essentially hollow cylindrical sections forged from a stainless steel stock of varying thickness and height. The rings are called rolled rings because of the nature of the forging process. Forging is a manufacturing process where metal is pressed, pounded or squeezed under great pressure to create high strength parts. Rolled ring forging turns a hollow round piece of metal under extreme pressure against a rotating roller, thereby squeezing out a single-piece ring without any welding required.
Although rings can also be manufactured through machining or casting, we believe that forging produces a finished product with greater strength and flexibility. A ring’s strength affects its fatigue resistance, and is determined by the orientation of the grain flow of the ring’s metal material. Unlike the machining process, which creates a unidirectional grain flow, or the casting process, which creates no grain flow, the forging process is designed to cause alignment and orientation of the grain flow in a direction creating maximum strength, thereby providing maximum fatigue resistance. This high strength property also reduces sectional thickness and overall weight of the ring without compromising the overall integrity of the finished product.
The Many Uses of Rolled Forged Rings
High tangential strength and ductility make forged rings well-suited for torque- and pressure-resistant components, such as gears, engine bearings for aircraft, wheel bearings, couplings, rotor spacers, sealed discs and cases, flanges, pressure vessels and valve bodies. As such, rolled rings have a wide variety of applications. Presently, the majority of Chinese rolled ring producers rely on technologies such as the steam hammer and friction press, which consume large amounts of energy and cause pollution, and which, we believe, generate a less desirable product.
Yaw bearings, which are found in every wind turbine, are made from rolled rings. Essentially, a yaw bearing is a large ring with teeth, all of which are either pointing outward or inward. The teeth allow the yaw bearing to engage with a smaller wheel attached to the yaw motor. The yaw motor turns the wind turbine so that the rotor (to which blades are attached) faces the wind in order to optimize electricity generation. The yaw bearing is used by the yaw motor to turn the wind turbine.
Dyeing and Finishing Equipment Segment
We design, manufacture and distribute a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry. Our products feature a high degree of both automation and mechanical-electrical integration. Our products are widely used in dyeing yarns such as pure cotton, cotton-polyester, terylene, polyester wool, poly-acrylic fiber, nylon, cotton ramie, and wool yarn.
Environmentally Friendly Airflow Dyeing Machines
We now design and produce airflow dyeing machines, which use air instead of water. Water is used in the traditional dyeing process. We believe that our air-flow technology, which is designed to enable users to meet the stricter environmental standards, results in reduced input costs, fewer wrinkles, less damage to the textile, and reduced emissions. With the growing acceptance of our new dyeing technology and the China government’s mandate to phase out older machinery in China’s textile industry that does not meet the new environmental standards, we expect further success in the future.
After Treatment Compacting Machines
Our new after-treatment drying and compacting machine is used in the final finishing of knitted material, such as cotton, and is designed to improve the softness, reduce shrinkage and ensure better dimensional stability. We believe that our equipment offers performance similar to German and US imports at a more attractive price.
Garment Washing Machines for Denim
We are currently developing a new garment washing machine for denim. Made of stainless steel and customized for use by Chinese jeans manufacturers, the machine is capable of stone wash, enzyme wash and other water washing techniques. We believe that our machine will offer superior quality and performance at an attractive price relative to machines imported from Germany and the US, and expect it to be well received by potential customers.
Operations
Our manufacturing site covers over 1.1 million square feet. We have established state-of-the-art fabrication, machining, assembly and finishing workshops and a state-of-the-art forging facility with a 4,500-ton press and a ring-rolling mill that employs our advanced axial close-die forging technology. This facility has an annual capacity of 50,000 tons.
We are leading specialists in the manufacturing of:
At this facility we can manufacture rolled rings measuring up to 6.3 meters in diameter and a cross section up to 700mm and shafts used in wind turbine units, measuring 1MW-3MW.
The melting, forging, heat-treating and machining capability at Cleantech Solutions International allows for the manufacturing of a wide range of custom-forged products. Multi-diameter shafts, gear blanks, mandrel-forged rings and specialized shapes, are available in a wide range of sizes and weights ranging from a few hundred pounds to over 25,000 pounds. Most popular carbon and alloy AISI/SAE grades such as 1026, 1045, 4140, 4150F, 4340, and 8620 are readily available. We also have experience with the melting and forming of specialized alloys. Cleantech Solutions International is capable of producing components that meet various industry specifications such as ASTM, ASME, ABS and AMS, as well as product-specific specifications.
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