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Stock bump might be related to state of CA's program of testing "a new KBI - engineered product designed as a better retaining wall for erosion control. These programs are designed to expand the demand for differentiated and higher value-added tire-derived products by providing an incentive to use at least five percent of California recycled tire rubber to partially replace virgin rubber, EPDM, plastic, or other raw material. and increase the sale of products that already contain crumb rubber. Some of the engineering tests that will be done will include horizontal pressure load limits, sound absorption characteristics, and maximum vertical wall loading. Another test (passive nutrient removal) which logs how well KBI's Flexi®-Pave porous pavement system removes groundwater contaminants has already been well documented and will not need to be retested. Once all of the testing (which the State of CA is subsidizing) has been deemed successful and has been completed, KBI will be able to offer a certified erosion control solution that further strengthens its position as a leader in civil engineering infrastructure solutions." Management said-"this innovative solution will transform erosion control and retaining wall design as we currently know it." Someone in the know? Are they going to be approved? Or/and is it a future buyout target? IDK. I'm increasing my shares.
You're absolutely right. I apologize for not being better informed as to the shares outstanding. That definitely explains the malaise.
I have owned a good chunk of this company for over 6 years.
As it retreated to its present "valuation" I liquidated most of my holdings, but kept a foot in the door - so to speak. I have a portfolio of green companies of which this is one and the whole sector is experiencing a lift since November 3rd. If you want to be able to say "I bought AWSL when it was a dime," load up. This IS THE dip. There has been essentially no dilution of shares from back when it was it was above $3.50, in fact they did a 1 for 4 reverse in 2010, so this could easily sustain $1-2.00 per share and it's a good company doing really good things. With the Biden administration's greener outlook than the previous's, this could be AWSL's break out moment.
Rising tides float all boats and folks here might look at Sunworks,Inc (SUNW) as an example of what is happening all across the sector. Up 500% since November. Word.
Still about 10x what I paid for it.
$9.00 was the woulda, coulda, shoulda moment, but we'll bounce back on the next quarterly report or (if we can put another dollar back on her bones) on news of a NASDAQ listing.
A couple of days back I posted a response to a small "thread" about "the mythical 1500 retail outlets". I maintain that the number is probably accurate, but speculated that the reason that there wasn't an easier way to find a nearby outlet other than going through the info desk CVSI's HQ might be due to a reticence on the part of some retailers to promote the sale of something they erroneously think might come back to bite them.
Ding, ding, ding!
I just visited a local Whole Foods here in town and asked the Vitamin Dept "Manager" why they don't carry CV Sciences Product line she explained to me that she has repeatedly asked "Regional" to bring the products on board since last winter. They, "Regional," have explained that it's not something they want to be associated with image-wise. The manager said she expects that thinking to change (perhaps before the end of the year) as more good information replaces ignorance. One funny take-away was that the manager uses it herself and says she gets it online.
My wife and I both filled out suggestion cards asking for the products and provided our personal testimonies. We also mentioned that one of their competitors in town carries the full line.
They're not as easy to find as they should be.
I know lots of the smaller local Health Food stores around DC and points south carry their stuff here in the SoEast as does Swanson Vitamins (Swanson Health Products). It may be that because of the (still) uncertain industry outlook, that not every outlet wants that out there. This should change with the Administration(in DC).
We are invited to ask at:
info@cvsciences.com
Don't think we've heard the last of this.
The whole stinks of an attempt by Big Pharm to sully the very real threat to their industry. I'm of the opinion that if this incident is dug into (and I'm sure CSS's lawyers have this well in hand), we are going to see some bigger fish up the food chain funding this. Watch This Space!
They offer a family of great products.
Want to see those Q #'s rise, find a local retail outlet and pick some up.
When you see the results for yourself, tell a friend.
I'm buying their products at a locally well known grocer here in the DC/NVA area and have been for over a year. While a major retailer's "endorsement" will no doubt be helpful, word of mouth (mine included) is pushing the product and precipitating investing. Every time I walk by the display, my wife and I stop and hold a mock conversation about how great the products are, how well the company is doing, and how affordable the stock is. Folks always "eavesdrop" and ask for more info. I just say "Their ticker is CVSI. Look 'em up you'll be glad you did." On my next visit we're going to gush about the huge gains we've seen of late.
A broker friend of mine, to whom I introduced this stock last Christmas, texted me in mid march and simply said, "CVSI - Buckle up!"
Good advice.
Last post 20 days ago.
Too funny!
Up 20% at the moment and no positive comments.
The Rodney Dangerfield of stocks.
I learned a long time ago that if you have to watch a stock everyday or more than once a day, you're either in the wrong stock, not diversified, or investing too much money in the issue for the wrong reasons. Looking for that big hit? That's what casinos are for. Save "all in" for the table.
I like this company and invested a little money in it. Over the years, I've shaped my portfolio with companies that are working to accomplish something worthwhile. It makes me happy. Can you say the same?
https://finance.yahoo.com/news/rexahn-pharmaceuticals-receives-notice-allowance-130000206.html
The word for the day:
Lackluster.
lacking in vitality, force, or conviction; unimaginative or uninspiring.
synonyms:
dull, humdrum, uninvolving, colorless, characterless, bland, dead, insipid, vapid, flat, dry, lifeless, tame, prosaic, spiritless, lusterless.
However, I'm looking forward and staying positive.
Include me and my 15K shares. I'm very long on this company and have friends that I've put on to RNN as well. These guys have an excellent chance of becoming a very big story this year and I want to be a part of it.
ERRRRRRRRR!!! There's the 8 second buzzer.
After I dust my chaps off with my hat, I'm grabbin' a beer.
'Still in positive territory.
Support at .40.
8 trading days to hit $.50 or better.
Life is good.
DON'T SELL!!! The smart money is buying.
If you doubt this, watch how fast your SELL order is filled.
Wild ride. Not my first.
In the American tradition, the rider must stay atop the bucking "bull" for eight seconds to count as a qualified ride.
We are at 6 1/2 seconds now.
Send in the clowns.
Forgive me if your question is rhetorical.
If more of the float gets sold, if an earning report shows good news, if they announce a break through or a partnership, the price per share will rise in a healthy sustainable way. Any rise in pps must follow an improvement in the fundamentals - their balance sheet, income statements, or cash flow - and the all important intrinsic value.
Diamonds are just rocks everybody wants.
If all 240 million shares outstanding were worth $1.00 - there would need to be a change in all of the above. Be patient it will happen in due time - perhaps as early as June, but more likely around September.
You can always call The Trout Group. Tricia Truehart's number is listed above. There may be a conference call in the works.
My two posts are not mutually exclusive.
When it comes to trading, I'm all about conjuncture not conjecture.
It nets fewer disappointments.
Today was an excellent opportunity
to increase your position or average down if you're just in since last week. We are just where I said we'd be 5 trading days ago in post #3409. Buy what you're comfortable with - remember this is exchanged traded and can be margined - then sit back and hold.
The holidays are going to be bright this year.
The expectations and predictions of some
of the posters here are amusing -
like willing this stock to rise will make it so.
The facts are there are roughly 237,443,785 shares outstanding of which
approximately 99.6M are spoken for on any given day.
That leaves around 138 million shares in play.
This is a wonderful company with a huge potential,
but given the last financial report the it's not going to hit a buck on wishes and positive thoughts or even the forecast of XYZ&co.
There is not enough upside pressure with 138 million shares available and given the fundamentals anything beyond our current level will likely correct back - at least for a while.
There is a wealth of information at the top of this page.
This rascal will run when there is news - real news.
Until then the rationale should be the accumulate and/or hold.
and tell your friends about it.
And for Gawd's sake stop imagining it's going to rise on hope.
2 minutes in tapped $.68.
New 52 week high.
I stand corrected. Thursday's gain at the close was not quite 5%. I was looking at the "After Hours" percentage (.84%) as of 8:30 EDST.
Who is Rodman and Renshaw I asked myself?
And why didn't we run at that $2 call?
If Morning Star, Sachs, or even Motley made that announcement, we'd have been at a new 52 week high by noon EDST today.
I think the answer lies here:
https://www.glassdoor.com/Reviews/Rodman-and-Renshaw-Reviews-E3578.htm
Now, that's not to say RNN won't hit that target (on legitimate news) or that someone with more Street cred won't chime in with their own research, but obviously this company (R&R) hasn't the reputation needed to move us even a measly percentage point today.
Smells alot like Pump & Dump. I'm glad we are exchange traded and not an OTCBB.
Married, Divorced, Restraining Order. It's a thin line betwixt the 3.
I was put on to this issue the morning of March 6th by a friend. Got in for a quarter a share. I'm not "married" to it either, but we are living together until she gets her degree. It's a nice arrangement. Friends with benefits.
When someone says something like that, it leaves me scratching my head. What is their trading strategy? What are they expecting? Am I missing something? Nothing personal - just wondering.
Watching the trades, I see some downward pressure into the mid 50's which is probably nothing unexpected - profit taking no doubt, but IMO we're looking at .60 give or take .02 for a while.
Nothing warrants more on the upside practically speaking given the fundamentals and recent run up...unless there is some real news.
Percentage-wise maybe, but certainly not in dollars and cents. Up and down by tenths of a penny is not what one usually thinks of as volatile. But as I like to say, "perspective is everything."
I believe in what these people (RNN) are doing and want them to succeed. The stock is almost a separate issue (no pun intended). Small caps are too easily manipulated either intentionally by market makers or by general investor behavior.
I'm not sure what we're seeing right now, but I'm pretty sure from the sizes that it's people piling on because of the "positive trend" write ups in all the legit and quasi legit investor blogs and journals that peddle in such info. It's a perpetual cycle not based on any real news that leaves us ripe for shorts. I'm trying not to care too much because I know the company's work is moving forward regardless.
Stay long. Enjoy the ride. These folks are making history.
Now That's Long.
If you're fortunate enough to be on the right side of this stock, you've gotta be ecstatic with the trend...and it's for all the right reasons. I rarely recommend stocks at work, but RNN is an exception. It's hit new 52 week highs on 4 of the past 10 trading days and today is another.
Mid day volume today is already over 2X's the 10 day average. Apparently with clinicals still to be announced folks are getting their feet in the door for this one.
I hope "rspect" is finally happy. LOL
3/23 "this stock hasn't done anything...If it started a true upward movement there would be no complaining but until then this stock is crap!"
Obviously we are now fulfilling that expectation.
Level II colors?
It depends who your with, but most default colors are like this:
Green: Trades at the inside Ask
Red: Trades at the inside Bid
White/Gray: Trades in between the inside Bid/Ask
Yellow: Trades above the inside Ask
Purple: Trades below the inside Bid
Grey Highlight: Inside quote change. Not a transaction.
If you arrived after 3/06, as your post suggests, you are just a little late to the party. Perspective is everything. A 5 day chart looks pathetic. A 1 month chart is a small cap investor's dream come true. Also, this is not a company blowing smoke and hot air. These guys are the real deal and clinicals take time. We are not the reason for RNN, we are investors in well respected start up that's trying to make history. If you "Hold" until Q2 or 3, you should have your mind blown.
The whole sector is behaving like an abused cat with Sessions on shaky ground and the DOJ's uncertain stance. Still, those with good fundamentals are shining through and generally up - albeit cautiously. Write your congressional reps like I did and set out a nice bowl of milk. Here kitty kitty.
You're not alone. We're just holding our collective breaths. I believe this is our new 52 week high. Even with a slight pull back the trend is positive. Maybe I'll be picking up another 10 blocks if it dips below .035 today
...and as anyone who grew up on "School House Rock" knows, a bill is not law.
Understand that I am bullish about this stock and other legitimate issues, but everybody here needs to understand that this is no "freight train". It is a fledgling industry spawned from a hard fought uphill battle waged under a "hands off" administration. There are and have always been the very real Federal Laws looming in the background and with people in charge soon who are the polar opposite of those presently pulling the levers, all bets (or buys) are off. Of course, the biggest threat to ll of this is the pharmaceutical industry. They want to bury this industry in all its forms.
Can anyone tell me why Jefferson Beauregard "Jeff" Sessions III isn't threat to this party?
Drax Tracks,
Since your post was in response to mine, I have to assume you were referring to me as "getting close to spamming". Please explain and I'll stop doing whatever that is.
If by constructive you mean pretending this stock can hit .01 with 2.5 billion shares os, then no.
But if you mean by saying I'm invested in this company to the tune of 1.5 million shares, then yes.
Being constructive is not saying only pie-in-the-sky/rah rah statements, its also about helping keep our expectations realistic.
Being a pinksheet stock is how we initially finance our company, but
Frank certainly aspires to move beyond the pinks and by his concentrating on growing the business we will and we'll do it with far fewer os. It is that reduction in os and how it might happen, that is my topic.
dshade,
AMSZ? Another stock trading in the purgatory pinks? These stocks all have issues - They're fledgling or recovering from bankruptcy or some dire circumstances - and are trying to right their ship. Their stock floats/os are not under control yet. When I say that by the time GDHI nears $.01 we will likely have experienced at least one reverse split, I'm talking about a day when Frank no longer needs billions of shares os and reigns in the count. This is done to help control the company's volatility and consequently its capitalization. Until a company reaches this stage, its not a good candidate as an accurate example for pps, but overall the pps vs os stats still determine the overall company value.
As you know, all stocks, here in the pinks (or for that matter in OTC or Big Boards), are here because they meet/or do not meet certain criteria. We are a new company with 3 or 4 trucks, a warehouse, probably fewer than 10 employees, a determined CEO with a dream, and over 2 billion shares outstanding. 2 billions pennies = $20 million. I hate to break it to you, but this is not a 20 million dollar company - not yet. It is a company, by Frank's own count, worth about $200,000 to $300,000 and that's what the pps and os says, too.
If we ever see the day when GDHI goes OTC or better, it will be a far different company and we will look back at these days as the "wild west" - the days before sheriff Frank did his reverse split.
Think of it like putting in pavement & sidewalks - respectable like.
Dragon,
Could you explain that point of view?
To my mind the number of shares outstanding divided into to company's worth only determines the stock's value. It does not adversely effect the worth of one's holdings. Inversely, the more shares os the more diluted the share price.
Do you see things differently?