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For what it's worth here is the take from Penny Stock Chaser today, email time stamp of 12;37 CDT:
"ACLH has also been a heavy trader today. We have seen a range of .0384 to .052 and we are sitting up slightly @ .041. PSC is waiting for contract news about a deal with BP. Once we get that, a new leg up on ACLH could be in the cards. The technology owned by ACLH could put them on the frontline on the battle to fight the oil spill in the Gulf of Mexico. PSC has not sold any ACLH today and we are holding for a spike to the .10 to .15 range."
"WTF is this "guy" on?"
Text: redbull to 46800 and find out!
"I guess it comes down to "follow the money" and/or how the bribes and payoffs work."
Maybe you should look for the business model for deploying this technology for oil spill remediation. You know, like on BUGS web site.
What do you find that would indicate that BUGS is positioned to do business during this crisis?
"Put the pressure on IR from concerned investors to stop putting out these fluff PR's and give us some hard facts.'
"How do you know?'
Think about it. If you were given specifics in a phone call about either contracts or the content and timing of a PR and acted opon that info with a purchase or a sale you would be guilty of insider trading.
Think you'll look any happier than Bud Fox doing the 'perp walk'?
"We ALL need to call (877) 299 - 5596'
No, actually WE don't. You will not be told of any contract signings nor any impending press releases.
"That PR was so much more than most are giving it credit for this morning."
You are reading "so much more" into it than can be justified by the wording of the pr and much more than is being reflected in the pps action thus far.
"They also help feed the world in a "green" way, not just for plants as you are understanding.'
No disputing that. My point was that the news is not related to the issue that most BUGS investors on this board are concerned about.
"So today you bring us good news."
"Their Bio-Miracle™ products that enhance plant health using bio-rational fertilizers and microbial growth enhancers while reducing water and chemical fertilizer use, could be a natural addition to our product line and could appeal to our existing customer base."
Only if there's breaking news about a crisis in 'plant health'!
"was wondering when you'd share your (ir)rationalizations about BUGS with us.'
My response was an accurate statement about PR's and your statement was clearly false as well as 'overcompensation' for the absence of news/PR's from Bugs. Tell me you won't break out the pom poms if the BUGS web site is updated, regardless of whether or not there's even a hint about contracts.
"Real companies don't put out PR's till they have actual signed contracts."
How convenient a rationilaztion for what is not happening here.
Actually companies release legitimate PR's for all kinds of reasons besides contract announcements.
......"other than the fact to HOPE I can recover some funds in the next few days.'
Yoyo, you DON'T want to be on the boards tomorrow lamenting over the fact that you have funds here that could be participating in what happens in the 'other two', while waiting in vain for a website update.
Let's be realistic. If you had a product that was a certain player in the oil spill cleanup, wouldn't you move heaven and earth to get the word out through, at the very least, an update on your website?
If you insist on hanging around here, then pawn you best cello so you can add to your other two and so I won't have read a grown man crying!
"which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be called a "mega-disaster."
Apparently cover-ups come cheap at $71,000!
"There is other satellite imagery being withheld by the Obama administration that shows what lies under the gaping chasm spewing oil at an ever-alarming rate is a cavern estimated to be around the size of Mount Everest."
Did you even bother to read this? Satellite imagery that sees
5000' beow the ocean surface and beneath the chasm'?!
I'm sure that the Russians will be alarmed to find that the ballistic missile submarine leg of their nuclear deterrent is now totally visible to US satellite imagery.
No doubt the Russian Admiralty has emailed this stunning, game changing revelation from Oilprices.com to the commanders of each Akula class 'boomer' and they are heading full speed back to their pens!
http://politicalticker.blogs.cnn.com/2010/05/03/bp-is-active-player-in-dc-money-game/?fbid=BWCkq2paHcv
BP spent almost $16 million lobbying Congress in 2009 and over $3.5 million so far this year, according to the non-partisan Center for Responsive Politics (CRP).
Washington (CNN) - Congress is demanding answers in its investigation of the Gulf of Mexico oil spill - and the BP executives likely to be grilled in the weeks ahead are no strangers to the ways of Washington.
The company spent almost $16 million lobbying Congress in 2009 and over $3.5 million so far this year, according to the non-partisan Center for Responsive Politics (CRP).
BP employees also gave over $3 million in campaign contributions during the last decade, and almost $110,000 in 2010.
Fifty-seven percent of BP's contributions went to Republicans, while 43 percent went to Democrats.
BP America President Lamar McKay has been asked to appear next week before the House Energy and Commerce Committee - whose members received the largest share of BP's campaign contributions over the last two election cycles, CRP notes
Who's to blame for the oil spill? Dick Cheney
The Gulf of Mexico oil spill could end up being the worst American man-made environmental catastrophe of this generation. With the oil still spilling and investigations into the causes yet to come, it's too early to neatly assign blame to any one person. But for now, let's hold Dick Cheney personally responsible for the whole thing.
Here's the evidence: The Wall Street Journal reports that the oil well didn't have a remote-control shut-off switch. The reason it didn't have a thing that it seems every single offshore drilling rig should have? According to environmental lawyer Mike Papantonio, it's because Dick Cheney's energy task force decided that the $500,000 switches were too expensive, and they didn't want to make BP buy any.
Is that not enough reason to blame the former Dark Lord of the Naval Observatory? Guess what: Halliburton is involved, too! The Los Angeles Times reports that BP contracted Dick Cheney's old company to cement the deepwater drill hole. Cementing the hole was, according to the U.S. Minerals Management Service, "the single most-important factor in 18 of 39 well blowouts in the Gulf of Mexico over a 14-year period." And Hallburton is already under investigation for faulty cementing in an Australian well last year.
The spill will very likely destroy the fragile economies of at least five states and it could even plunge the nation back into a recession. So thanks, Dick. Nice work.
While it may take months to stop the BP oil spill in the Gulf of Mexico, it’s not too soon to begin asking some questions about why it happened and what can be done to minimize the chance that something like this will happen again. Thanks to The Wall Street Journal’s terrific reporting last week, there are two important things we already know.
First, an oil-drilling procedure called cementing—which is supposed to prevent oil and natural gas from escaping by filling gaps between the outside of the well pipe and the inside of the hole bored into the ocean floor—has been identified as a leading cause of well blowouts. Indeed, a 2007 study by the Minerals Management Service (or MMS, the division of the Interior Department responsible for offshore drilling) found that this procedure was implicated in 18 out of 39 blowouts in the Gulf of Mexico over the 14 years it studied—more than any other factor. Cementing, which was handled by Halliburton, had just been completed prior to the recent explosion. The Journal notes that Halliburton was also the cementer on a well that suffered a big blowout last August in the Timor Sea off Australia. While BP’s management has been responsive to press inquiries and relatively forthcoming as to its responsibility, Halliburton has refused to answer any questions—an all-too-familiar stance on its part.
Second, the oil well now spewing large quantities of crude oil into the Gulf of Mexico lacked a remote-control acoustic shutoff switch used by rigs in Norway and Brazil as the last line of defense against underwater spills. There’s a story behind that. As the Journal reports, after a spill in 2000, the MMS issued a safety notice saying that such a back-up device is “an essential component of a deepwater drilling system.” The industry pushed back in 2001, citing alleged doubts about the capacity of this type of system to provide a reliable emergency backup. By 2003, government regulators decided that the matter needed more study after commissioning a report that offered another, more honest reason: “acoustic systems are not recommended because they tend to be very costly.” I guess that depends on what they’re compared to. The system costs about $500,000 per rig. BP is spending at least $5 million per day battling the spill, the well destroyed by the explosion is valued at $560 million, and estimated damages to fishing, tourism, and the environment already run into the billions.
There’s something else we know, something that suggests an explanation for this sequence of events. After the Bush administration took office, the MMS became a cesspool of corruption and conflicts of interest. In September 2008, Earl Devaney, Interior’s Inspector General, delivered a report to Secretary Dirk Kempthorne that has to be read to be believed. One section, headlined “A Culture of Ethical Failure,” documented the belief among numerous MMS staff that they were “exempt from the rules that govern all other employees of the Federal Government.” They adopted a “private sector approach to essentially everything they did.” This included “opting themselves out of the Ethics in Government Act.” On at least 135 occasions, they accepted gifts and gratuities from oil and gas companies with whom they worked. One of the employees even had a lucrative consulting arrangement with a firm doing business with the government. And in a laconic sentence that speaks volumes, the IG reported: “When confronted by our investigators, none of the employees involved displayed remorse.”
So here’s my question: what is responsible for MMS’s change of heart between 2000 and 2003 on the crucial issue of requiring a remote control switch for offshore rigs? What we do know is that unfettered oil drilling was to Dick Cheney’s domestic concerns what the invasion of Iraq was to his foreign policy—a core objective, implacably pursued regardless of the risks. Is there a connection between his infamous secret energy task force and the corrupt mindset that came to dominate a key program within MMS? Would $500,000 per rig have been regarded as an unacceptably expensive insurance policy if a drill-baby-drill administration hadn’t placed its thumb so heavily on the scale?
It’s possible that my dark suspicions are baseless, and there’s no connection between the Bush-Cheney administration’s energy policy and the sad events of the past two weeks. But I’m just one guy with a keyboard reading documents and asking questions. I hope that some entity—public or private—with the needed staff and resources will do what’s necessary to get to the bottom of these questions. Before we even consider going forward with any more offshore drilling, we need some answers
"...other things is the government is probably trying to mediate this as much as possible and keep it out of the publics eye."
How exactly would they go about doing that?
"Yea the media is diverting attention to a bomber terrorist while the real threat is building in the gulf!I"
Are either of you 'multi-tasksers" or more to the point can either of you walk and chew gum at the same time?
Both the local and the national media are all over the Gulf oil spill, the Nashville flood, the attempted terrorist bombing and the Greek financial crisis. Every single cable news network is leading with the Gulf story and following with the others.
Have either of you seen any reporters being turned away by police or national guard? Think they wouldn't report that?
Here's how it works for investors who are the proverbial hammer for whom the whole world is a nail.
Some of you invested in ACLH, or any of the other 'oil spill remediation' plays, will never be satisfied with
the oil spill news coverage. Some people invested in flood recovery stocks or shorting insurance stocks will not
be satisfied with the flood coverage. Some who think terrorism is the number one threat will resent
that the oil spill and the flood are diverting attention from coverage of the terrorist story.
And some who are playing long or short Euro ETF's are upset with the coverage of Greek financial crisis
Most of you can find all the coverage of all the stories whenever and wherever you want.
Give it a rest conspiracy theorists.
"....means something good is brewing for us Bugs."
Means nothing of the kind unless you can find a correlation between posts that 'criticize' the potential for a company/stock and a subsequant rise in pps.
It's kind of like the relation between last weeks cheerleading and the movement of the pps from the opening on Monday thought Friday's close.
If the BUGS website is not updated soon to reflect a relationship between the company's present business model and the opportunites for oil spill remediation in this present crisis, then you won't see the pps movement that your're hoping for next week.
My agenda? To try and insert some critical thinking into the discussion boards of stocks I may be considering. If I don't see a predominance of fact based, cheerleading free/bash-free responses I know to place my money eleswhere.
"....which one is more valuable?"
Impossible to answer. Perhaps some exposure to both is best for your "oil spill remediation" portfolio.
At least for Friday you would have seen some cushioning or some 'green' for the drop in ACLH if you had enough BCLE
Maybe they should both be viewed as tradeable while sorting out what the long term might entail for both of them. Contract announcements for either or both are the wildcards.
You can certainly buy more shares of BCLE @ .0119 than you can of ACLH @ .04, and if they're both on their way to .10 you can see where the most leveraged gain lies.
For all any of us know they're both .20-.30 stocks as this disaster plays out.
"So if they are using bcle right now Im thinking the more this thing hits the shores they will be using aclh to clean."
It is my understanding, from talking with the IR person for ACLH, that BCLE provides the proccesses/solutions to clean the equipment involved in oil spill remediation. That has been the application that BCLE has had for its military contracts.
"also why would a ACLH person be over here on the BCLE board surfing our posts? they're jumping ship, imo"
Really? You can't imagine that Ihub board members are in more than one stock? I added more to my ACLH @ .045 and I'm holding off on entering BCLE until I see some volume.
"and do you want a stock that people are jumping out/in/out/in or one that people are steadily accumulating?"
Again you're assuming that it is one or the other.
I don't care that people are jumping in and out, that's what makes a market and profitable trades. Can you envision being long with a core position and trading in and out with a position set aside for that, and maybe doing that with 2 or more stocks?
I know that you want to believe that people totally abandon one stock for another but the volume for BCLE doesn't support that belief. If you see a pull-back for BCLE, will you be concerned that those people are heading for a hotter play?
From this morning's Penny Stock Chaser email:
ACLH (http://www.actcleantech.com/) was up 24.4% yesterday when it closed @ .056. During the day, ACLH had a trading range of .0455 to .07 with an enormous amount of liquidity as 38,494,636 shares changed hands. The stock has been a stellar performer this week and the share price has moved 273.33%. PSC continues to like the story and we are watching the Gulf of Mexico oil spill as the cleanup efforts keep mounting.
Do YOU continue to "like the story"? If so reload for a possible retrace of yesterday's action.
I think those who wanted to get in will get in today because they do not want to go into a weekend of more dire news from the Gulf, AND the possibility of contract announcements from ACLH at any moment, without having a position/stronger position in ACLH.
"...we will know what is coming."
NO, we will not KNOW. ACLH had run without the email pump and there was nothing in the email that we did not already know.
Will YOU really sell if BCLE continue to run and you see an email that confirms the reasons you're in it, or will you hold through a possible sell-off and reload?
These stocks are even more news and contract sensitive than most.
It's not a zero-sum game where the fall of one stock necessarily means that people are taking profits and moving to another play.
Some just take profits and reload in the same stock.
"....seems ive missed the boat here."
Not necessarily. Take a look at today's pps movement and be alert for a possible repeat tomorrow, barring any overnight or pre-trade pr. If it pulls back, get in. It will move in anticipation of contract announcements.
And unlike the 'sell on good news' scenarios we often see, expect continued run in pps because of the probable length and breadth of the clean up efforts that will be required.
To illustrate what can happen with an announcement take a look at MOPN, and keep an eye on how it opens tomorrow for an additional play:
http://www.marketwatch.com/story/mop-environmental-designated-as-resource-by-british-petroleum-bp-and-us-coast-guard-for-gulf-oil-recovery-2010-05-06?reflink=MW_news_stmp
Some more of that 'late' MM bookkeeping. Last price on my Fidelity acct.,, after the 15 minute delay, is .056 just as you see here. That's where we'll start the trading day tomorrow, one day closer to some likely news. Who'll want to go into the weekend, with continued breaking news on the oil slick, without a position in ACLH?
Late 'kick'....+31%!! I smell some news.
"There's not one company listed there that has ever had anything to do with ACLH. And no verification of such dealings."
They've been subcontractors. They continue to be subcontractors while approaching companies directly. They have an IR phone # where you can actually find out what is going on.
At some point the trading activity for BUGS is going to have to back up your hopes, do the 'talking' for you, or not.
"My bigger money goes on the real companies like BUGS. They're the ones that pay more in the long run."
How's the 'bigger money' workin' for ya today?
I thought we had some some short run opportunities to deploy them bugs?
Whoops, someone just tagged that ask at .0045. Don't let everyone else grab all those cheapies!
"By the way, Guess who has the real company contacts ?"
Very impressive, but apparently not to investors or traders at the moment. Do you think that those who are doing DD are impressed when they visit the tree hugger web site and look in vain for any references to current oil remediation capabilities or outreaches? Shouldn't have to dig for references to patents and contacts from years ago.
"You know it's usually the company that's waiting on signitures that has the real contract."
Not sure how you can reasonably infer that BUGS is awaiting signatures and the other one isn't.
I missed the 'ooil shell play'. What company is that?
Anyway, glad to see that your playing SOMETHING other than this
harbor slug. I don't even see any trades at the moment. Aren't there some cheapies you can pick up? Tag it @ .042 just to, I don't know, defibrillate it from its 'flatline'.
"Must be reversal time."
Sorry I couldn't be of greater help. Or is -10% the new 'up'?
I wouldn't over value this email from Penny Stock Chaser. As often as not 'recommendations' in these kind of emails trade sideways or decline as well as move up.
However the confluence of unfolding news and the circulation of the email may be at work in today's pps move up thus far.
"ACLH, The stock is shining in a down market, ACLH was up a stunning 45.2% and closed @ .045
ACLH was up a stunning 45.2% today when it closed @ .045. In fact ACHL was up 104.54% from the bottom reached earlier in the day @ .022.
This intraday chart shows you that the action on ACLH was heavy all day and it was totally decoupled from the broader market.
The ACLH story is focused on the oil spill tragedy in the Gulf of Mexico.
ACT Clean Technologies, Inc. Technology Cleans Gulf of Mexico Oil Spills
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-prCL97417-U%3aACLH-20100503&symbol=ACLH®ion=U
The accident in the Gulf is bigger than the Exxon Valdez disaster.
http://news.yahoo.com/s/ap/20100429/ap_on_bi_ge/us_louisiana_oil_rig_explosion
This latest disaster is not going to be the last.
http://www.huffingtonpost.com/lincoln-mitchell/are-more-oil-spills-inevi_b_564644.html
ACLH could be called on to act quickly if the latest weather patterns bring the oil slick in direct contact with New Orleans.
http://www.huffingtonpost.com/lincoln-mitchell/are-more-oil-spills-inevi_b_564644.html
No matter what happens the oil slick, ships will be made to clean their hulls before proceeding up the Mississippi.
THIS IS WHERE ACLH WILL MAKE THEIR MONEY.
http://www.powergenworldwide.com/index/display/wire-news-display/144553063.html
The rally on ACLH is justified.
PSC expects more news. When we get it, we could easily leap past the high set on Monday @ .0729.
Please remember to do your due diligence on ACLH.
"can't touch me now."
Maybe this fits even better with your story:
The Heavy - How You Like Me Now?
" i am sure bob forgot all the contacts he had with bp...."
The truth of the matter is that both companies have 'contacts'.
Which are more current and which were actually revenue producing contracts remain in question. As does which company will first announce a new contract.
Blue Horseshoe loves Anacott Steel.....and Act Clean Tech.
NOT a dog sh*t stock for widows and dentists!
"You just need to try harder over there.'
The delusion of pumpers everywhere! Theres' no crying in baseball and there's no 'try' in board posts. "Tag that ask"! 'C'mon, lets hold here". "IF we can do THIS then...." "It SHOULD...."
But your pom poms look nice!
LOL
"It needs to hit .05'
It doesn't 'need' to hit .05 any more that BUGS needs to hit .006.
They are both trading on expectations as well as the assessment of which one is better positioned to actually contract for disaster related work.
"Now we both know there will never be a contract for washing ships."
We don't 'know' anything of the kind.
What we do know is which of the two companies has actually done revenue producing business in the recent past.
"think he meant .005 buddy!!!"
Think he meant what he posted, buddy!
"If you want it past .05, you better get it up there first. lol"
"If you want it past .05, you better get it up there first. lol"
Any hint of a contract to use them microbes?!
Better get to one penny before dreaming about 5 of them.
What is your guess as to the reason for the disparity between valuations?
"Neither our rival or that other shell play can get past .05. lol
On our next move up we should leave them both behind."
Gentlemen's bet:
Revenue is king. Whichever company secures a contract for remediation/clean up, either directly or through a 3rd party or through a subsidiary, will leave the other two behind.
Specifically, when the 'rival' announces that it has contracted to clean the hulls of ships you'll see which company actually has the capability to monetize its services.
As for .005 overtaking let alone leaving anything above .04 'behind', I've got a vat of microbes I'd like to sell to you! It'll be my first actual sale.
How exactly does someone buy at .027...44,400 shares?
"How can a basher be a cheerleader?"
It's a stretch by my definition but I suppose you could say they're cheering their presumed good judgement and our lack of same.
"I tried to text US AIR to go800 but this keyword isn't up and running yet.. could an ambassador sign them up?"
Done. Try it and let me know your results.
Brand USAIR (800) 428-4322