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It Is Quite Simple. Look At Level II.
If you see VFIN (or any other diluter) looking to sell, do not bother getting excited.
False Alarm. I See VFIN Sitting On The Ask.
These guys (VFIN and others) are notorious for dumping and diluting shares, as JJJ373 referenced earlier.
Have you people not learned this yet? This "rally" will be dead in its tracks until VFIN (and any other diluter) gets out of the way. The stock doubled today and is now back to flat. I really do not understand the excitement.
Once VFIN (or other diluters) no longer appear, I believe this has a chance of moving significantly.
Until then, it is just not possible.
No News To Back Up All Of The Chatter
After reading the chatter here and looking for any positive developments, I have found nothing.
Such volume should correspond with news of some kind. Perhaps we will learn of it later this week.
Volume Has Returned To VELA
I have not seen this one jump out on my screen in a long time, yet I see no news to back up such volume.
ALLM Wants Higher - But Will The Dumping Stop?
Positive news flow is in place, but the stock remains at the mercy of dumping market makers and insider selling. If both cease, .50+ would be the next stop.
Waiting to see if the dump is over or if they put their foot back on the throat of the share price...
Example: BKRT Stops Today's Rally
Just another in the long list of days where this (presumably) insider selling from BKRT halts any momentum in share price.
More "News" Plus Note Payoff
http://www.nasdaq.com/press-release/alliance-bioenergy-announced-today-that-after-installing-the-lignin-separation-unit-to-the-cts-20160218-00654
All good news, however still no immediate financial impact, so the stock price will most likely stay in this area for the foreseeable future. If one day, the company ever receives real money, the stock will move significantly.
Until then, most of these announcements will have little affect. Prospective buyers are used to these PRs without revenue, so they are waiting for "real" news on that front. Combine that with what appears to be insider selling from dumping market makers such as BKRT and the stock remains stagnant.
Still, the debt payoff is very good to see, so the company deserves credit for that, at least.
Another Strategic Alliance & The Dump Continues
http://www.econotimes.com/Alliance-BioEnergy-Announced-Today-That-It-Entered-Into-a-Strategic-Alliance-With-Harvesting-Technology-to-Add-Their-Corn-Stillage-Separation-Process-to-the-ALLM-CTS-Process-in-Ethanol-Applications-161781
When positive news is announced for a small company and the stock gets sold, it resembles a pump and dump. Again, why are shares getting sold when the company keeps reporting what seems to be good news? It smells.
A Lot Needs To Happen In A Hurry...
...if that is to be the case. I wish you luck in your call.
Included in any positive developments needs to be the ceasing of continued insider selling by market
makers such as BKRT and others. Any positive momentum will be halted if that dumping continues.
Precisely. It Is A Made-up Rumor.
"Rumors" like this are what give message boards a bad name. They are usually made up in hopes of getting an increase in stock price. Perhaps some wish to exit their position.
Also noteworthy that we have not heard from the Wall Street Top Gun in a long time.
OH COME ON. Stop With The Made-Up Rumors.
If this were the case, why is an insider (most likely) dumping via BKRT and other market makers???
The Wall Street Top Gun has disappeared since his "rumor" of a five dollar target in November evaporated, and his five dollar re-target for March doesn't look remotely possible either.
This company needs to produce something tangible regarding revenue. The payment of the notes is actually a great start, but let's stop with the usual "message board rumors" unless there's actually something to back them up.
The relentless selling from BKRT and other dumping market makers coming to an end would also help, but will it ever happen?
Will Management Address BKRT Insider Selling In A PR?
After all, ALLM management is trying to make the point that they care about their shareholders so very much.
Market maker and known diluter BKRT continues to control the price of shares, as someone is selling every day to whoever will buy. Someone with this amount of shares is almost surely from the inside.
I ask again, why, with the company so close to success, would anyone in the know want to sell this stock?
They do not seem to realize that filings are public data and that we can see for every token "Dan-buy" of 100 or 200 shares, tens of thousands are being tossed out the door by other "insiders".
Tip: do not hold your breath for an answer.
If He's On The "Inside"...
I'd also love to know who from within is dumping via VFIN & BKRT?
Why on earth are these guys selling relentlessly if the picture is so rosy?
Thanks in advance.
Now BKRT Has Joined VFIN at .38
Another known dumper.
Again I ask... if things are so great and on the up-and-up, why are these sellers (quite likely insiders) lining up to dump?
Bullish & Not So Bullish
The notes being paid certainly does seem bullish, so long as more debt was not taken out to pay them. If the can was kicked, yesterday's announcement is meaningless. I look forward to receiving clarity in the 10K.
What remains a mystery is if this short term debt was cleared from the books and there is real revenue coming in from the mystery South African company, then why is a notorious dumping market maker (VFIN) still on the ask? If this is a company insider who is still selling, wouldn't he want to hold out for higher prices if the future looks so bright? Inquiring minds want to know...
Like Clockwork - From .314 to .3799
Magic.
Waiting For The Token Buy
Just two minutes to go...
VFIN Returns at .35
This basically mocks yesterday's token 200 share buy at .40
Pure speculation, but perhaps the token buys are to prop up the closing price so insiders may be in a better position to dump. Too convenient that VFIN shows up on the ask the day after the token buy, although this is not the first time a dumping market maker has been on the ask.
Somehow I doubt we'll get a company press release explaining why insiders are dumping when breakthrough revenue is less than two months away...
Yet Another Token Buy Before The Close
There were over 22,000 shares traded at .35 and then right before the close, someone bought 200 shares at .40.
The question is why is someone interested in propping up the share price? Certainly this individual knows that once market makers such as BMAK, VFIN, BKRT return to sell for insiders, these buys will be meaningless as supply will overwhelm demand.
On the bullish side, if this stock were to get over the .55 - .60 range, the old highs would be in sight. Unfortunately, insider selling needs to stop in order for that to happen.
A Joke Is Right
Wow, the proof is in the pudding, there. One insider cashed out ~70 grand while another made token buys for less than 200 bucks. I guess they don't realize that these transactions are filed and intelligent shareholders actually read them.
I won't be holding my breath for a press release explaining these questionable transactions.
ALLM Chart Looking Similar to April 2015?
There was a dive followed by a huge run over a dollar then with the announcement of the South African millions.
Could it happen again? Only if the revenue is actually received.
Interesting chart similarity, however.
Until VFIN is Gone, It Doesn't Matter
And who is selling via VFIN/BMAK etc.? We won't get a PR on that, I guarantee.
Back In The Teens After The PR
Clearly, the drop in stock price was not due to suspicions of the plant not being real.
Shareholders simply do not believe that the mystery millions from South Africa will arrive in March, or ever, really.
I predict the March deadline will pass without any such payment, and another excuse will be cited, such as "harsh market conditions". Wait for it.
The Real Issue Remains Revenue Payment
The release mainly focused on claims the plant did not exist. It did not
mention anything about the mystery South African company.
My opinion is that the March deadline will pass like a ship in the night, but that remains to be seen.
Very Interesting PR Today
Normally is it not good for a company to respond to rumors/opinion/message board chatter/etc., however the management team at ALLM felt compelled to do so (with photos).
http://globenewswire.com/news-release/2016/01/19/802940/0/en/Alliance-BioEnergy-Provides-Update-on-Continued-Validation-Regarding-Its-CTS-Cellulose-to-Sugar-Project-While-Simultaneously-Providing-Response-to-Uniformed-and-Erroneous-Commentar.html
The next few months will be interesting and I look forward to seeing if Alliance Bioenergy can deliver as they feel they can.
ALLM - The Worst Chart You May Ever See
That is not bashing. It is a fact.
But why is the chart so bad? They have agreements for millions in revenue that is due "soon"...right?
Where did the press releases about progress stop?
Gone are the calls on this board of a five dollar stock by March (the first deadline being this past November).
Be on the lookout for more filings of insider dumping in the near future. These guys will want to be out (as far as they can be) before the likely news becomes official in March that the mystery millions from South Africa will not be coming in.
The chart is saying this whole operation is dead.
Unfortunate for those like myself who bought into it, but perhaps since we all watched this probable scam evolve like clockwork, this company's management will be investigated for putting on what looks to be such an obvious charade.
Money Was Delayed To March On BS Excuses
South African currency and the Fed?! If you buy that, I have some oceanfront property in the Nevada desert to sell you.
The share price is down by 24% today on heavy volume (for this stock). All at a time when we are just two months away from millions in transformational revenue...?!
The biggest bull on this board, the Wall Street Top Gun, has vanished now that the share price is in a death spiral.
If you can not see what is wrong here, then you can not be helped.
Another 50k Shares Dumped. In The Teens. Bulls?
The silence from the formerly outlandish bulls is deafening. Perhaps they have been dumping with the insiders all along the way down?
Since the foundation of this scam has slowly been revealed over the past few months, it is not surprising in the slightest.
The bid is now less than 15 cents. Think about that for a minute.
Five dollars by March? Perhaps five cents.
Now at .21 - Teens Are Next. Bulls?
Water Heater & Bucket Photo Has Been Added
Shown above, taken from the "New To The Street" show.
This is the technology that a mystery South African company is paying 25 million dollars in Monopoly money for.
The ZAR / Interest Rates Excuse Was BS Anyway
I will almost guarantee that this excuse will be used to explain the March deadline being pushed back to later in 2016. Wait for it.
This is certainly turning into a textbook scam unless something changes in a hurry.
WSTG: $5.00 by March. Has Your View Changed?
You were one of the rare believers that the mystery South African company 1) exists and 2) will pay real money to ALLM. With the March "deadline" just two months away and the stock at a quarter, I was wondering if your bullishness has dissipated?
Thank you in advance.
Another New Low As The Scam Continues. Bulls?
Why would anyone be selling here with the game-changing technology and revenue right around the corner?
The Dump Continues. Bulls? WSTG? Anyone?
All are either silent, hoping, or claiming they know something that the price is not reflecting.
No word from the company, no quarterly call, and now the stock is under a quarter and it continues lower.
It Will Not Hurt To Report
However, I do agree, it will probably not amount to much of anything. Scam operations know how to write disclaimers so they can get by with fleecing shareholders. This one just happens to be much more obvious than many I have seen.
You Have No Information
No one does. That is why the stock is now almost a quarter.
Hope is not a sound investment strategy.
Down To 25 Cents A Share. Bulls?
That's where it hit today at least.
More and more like a scam every day while the bulls are silent.
Out of curiosity, has anyone from this board reported this operation to the SEC?
The Show Was Taped In October I Believe
Either way, that was months after June and the optics were not improved. Horrible management.
And to the point of mystery millions from a land far, far away - that is exactly how scams are done. I have seen it time and again and have been warning about this since May. All I have read in response to these concerns is the hope that the money will somehow come in.
"Hope" is what scams bank on. This case appears to be no different. ALLM signs agreements that look great on paper, pump them with press releases, and when the time comes for real $, it is nowhere to be found. All the while the insiders sell shares.
I predict that the March deadline will be pushed back again due to the next excuse on the list.
If anyone thinks they will actually receive the money, please state why, with factual information. It would be greatly appreciated by all.
There Is No Link
This is where a lot of the New To The Street interviews are posted, but it has not been updated in a while:
http://newtothestreet.tv/video
This seems like the kind of shop that gets paid to promote penny stocks - which is not a good thing.
As for the video, you didn't miss anything aside from Dan talking about a water heater and a bucket. No wonder the stock is down since then. Horrible optics.