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I honestly wouldn't mind if these fools (MM's) would keep shorting this down again and sell me another 10M shares for sub .001
For those interested... 8M of yesterdays 14M shares traded were shorted.... I'm sure that can answer a lot of the questions as to why the pps keeps diving to .0014/.0015 during the day before finishing flat.
Honestly... if you really believe that the current price has nothing to do with the MM's shorting then you are a fool... IMO
I say early next week (mon / tues) that the lives of any of us with a significant amount of shares (10+ Million) will be changed forever....can't come soon enough!!
=)
I think its just the silence before the bomb drops
agree 100% with your thoughts and think we're in for some exciting times ahead in the next couple days/weeks.... on a side note, one of the individuals that joined the Board is the CEO of Global Resources which announced that it is holding a shareholder conference call on October 12th... just wonder if this call has anything to do with IPWG??? maybe a merger? have no clue but it could be a way IPWG gets away from the grips of this dam chill... stay tuned!!
NEWS NEWS NEWS
International Power Group, Ltd. Announces Appointment of New Board Members
12:07p ET September 21, 2010 (GlobeNewswire)
International Power Group, Ltd. (Pink Sheets:IPWG), a provider of waste-to-energy solutions, including waste-to-energy development and waste-to-energy technologies, announced today the appointment of John Gildea, Ken Kinsella, Edward Szofer and Blaise Foglietta to the Board of Directors of the Company. Mr. Gildea will Chair the Board's Hiring Committee and Mr. Foglietta replaces Alessio Rovitti as the representative of the funding group.
John Gildea is a member of a private equity group based in Europe which operates mainly in the Green energy sector. Already involved in a number of Green energy projects throughout Europe and the USA, they specialize in bringing small-cap companies funding, projects and access to higher markets.
Ken Kinsella is currently the Chairman & CEO of Global Resources Corporation and has substantial private equity and M&A experience. Edward Szofer is currently the CEO of Seneca Global Inc and similarly has substantial public company, M&A and accounting experience. Blaise Foglietta is currently a Portfolio Manager at Pic Finance SA in Geneva, Switzerland and has almost forty years of finance experience.
"Mr. Gildea comes with both financial and engineering experience and his addition to the board, together with the addition of the other new Board members, is expected to open many doors to IPWG in the short and medium term," stated John Benvengo, the Company's CEO.
Mr. Gildea stated, "It is my privilege and honor to serve on the Board and work on behalf of the shareholders. IPWG is in the midst of an exciting undertaking and I along with the new Board members look forward to continued growth and executing on the opportunities that lie ahead."
About International Power Group, Ltd.
International Power Group, Ltd. is in the business of the development and implementation of new cutting-edge technologies that maximize recycling values while providing environmentally safe disposal of solid waste and hazardous materials. Through the application of these new technologies, solid wastes and hazardous materials can be minimized to their maximum extent while producing significant secondary benefits such as clean energy and clean water. Founded in 2004, IPWG is a publicly traded company, listed on the Pink Sheets.
We just got news!!!
I find it very hard to believe that all this trading is retail trading.... my thought is that this is MM to MM trading trying to spark some nerves over the average investor and get him/her to liquidate their holdings so they can cover... the pps seems to go up very easily through buys which shows that there really aren't many true shares being sold... and the daily short volume is the wild card in this vicious game.... I think we continue to fluctuate between .0015 and the low .0020's until we get the news or atleast close to it...
2M of todays 11M in volume was shorted.... not quite as large a % as recent days... i'm guessing there was a long that couldn't take the heat anymore and bailed, his loss...
not a problem.
my guess would be mostly shorts b/c that seems to be where any of the selling activity has come from over the last several weeks... hold tight and we'll find out early this evening when the FINRA data is released.
going to be interesting to see what today's short volume is..
I don't exactly think that is true b/c almost all of the volume in the past few weeks (and some days we've had nearly 10M shares traded) have been to the buy side.... yet the shorts are continuing daily as evidenced by the FINRA data which is holding the pps down/flat... if we get good news we go above the penny mark and stay there in my opinion.
Here's an interesting thought.... until recently there were late day buys/sells of anywhere from 5K to 50K shares that would affect the closing point of our stock.... however, recently the late day trades (typically buys) are in the hundreds of thousands of shares or even millions instead of small lots right before the close. I do find it intriguing as well as encouraging that this is the case b/c I don't think anyone would continously dump $2K into this dorment monster if they didn't think it would eventually wake up.
Just my 2 cents for the day. Maybe better luck tomorrow...
Well said!! Post of the day right there!
Oh my!! a whopping 500 shares traded at .0018 for .90 cents!!! such a joke these fools are..... might I add that over 5M of yesterday's 7+ Million shares traded were shorted.
here come the ridiculous 5K share trades again...
Lol... thanks... your L2 shot was exactly what I was looking for... mostly buys not many sells. It'll be interesting to see how much of today's volume includes shorts.
YW? sorry but don't know what that one is?
Thanks Lurk
Holy Volume batman!!! we're at 4.5M in 10 minutes!!! woo hoooo
missed the opening this morning... can someone tell me if the shares traded thus far were buys or sells?
Thanks
as a side note.... 1M of shares purchased today were shorted.
Just the comment that Beachman made to put a GTC sell order in at .25 so that if/when we get news any shorts will see that the chance for them to cover will cost quite a bit of $$$
Missed that post, but I watch IPWG continously during the day so I won't have any issues if we see a spike up to even .10 ... have no problem taking half off the board at that level.
I gotta say... just the thought of .25 gives me the warm fuzzies!!
hopefully its within reach!! :)
MM's officially suck!! seriously 4,000 shares traded at .0012??? a whopping $4.80 which wouldn't cover the trade cost of any retail investor.
To make it even more interesting.... 4.2M of the 5.1M shares traded today were shorted.... so by default we can figure that those 3M shares purchased this AM were all shorted.. as well as some of the sales that pushed us down during the day.... very interesting, I think the MM's are trying to force sellers hands but nobody is biting.
food for thought.... Friday 5M of the 16M in volume was shorted.... we get news and there is going to be a lot of fuel to the momentum north in the pps ... not to mention it appears as though volume is starting to ramp up again today!!
Friday PR's are unlikely to occur after the close unless they are bad news..... usually good news would come out early in the week on a Monday (possibly morning) or Tuesday so that the stock can trade off the momentum for the week.... my guess is that we may see something early next week... maybe bigger volume Monday if no PR in the morning..
We'll see... good luck!!
Bid support is building.... we break through .0025 and we could see levels we haven't seen in quite some time!!
Wowee!! this is awesome to see!!! I'm going to make the claim that news must be imminent!! Monday morning?? we'll see!!!
.0025 is the highest we've been in nearly 6 months... and thats saying a lot considering the dilution that took place in the .000's
Longs hold your positions..Great things to come!! Good luck to all
Sooner he gets that PR out the sooner we'll never hear from them again...
Hopefully he's pissed off b/c the Irish Group is putting pressure on him and not for other reasons...
something odd definitely going on.... 7K sold and the bid goes up to .002
I honestly don't think anything in the world could make me happier right now than getting that special PR...
I thought it was odd... sitting on a bid of .0015 and ask of .0016 and then suddenly jumped to .0018 x .0019 with no volume in between...
hoping its b/c someone knows something.. we'll see
wow... suddenly showing .0018 X .0019 going into close...
actually.... I hope they do regret it.
=)