Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's called "dark Irish"
Bob you can buy OTCBB on margin. I've added to my position while almost fully extended in other stocks for day trades. You may not be able to buy an equivalent amount but that shouldn't matter.
My money is on hearing about results before the CC, doesn't look like they're in yet (share price/volume). I think the first and second CC postponement is primarily stalling for these results. Tom said they pushed it to April for the 10k. Didn't they realize there would be a 10k to put out when they rescheduled for March back in Feb? Maybe not, they've forgotten about the 10k before.
Thanks for that post RF.
Not long after I posted that it went away and it showed up with 6,000 @1.49. The MM's of course get infront @1.48 with "100" shares.
There are 34,900 shares blocking $1.50. After that only 3,000 shares are between $1.50 and the $5 mark. 28k are from 1 Etrade account I believe and has been chipped away at since yesterday. If this were me I would pull that order and let it move up.
I remember that too. That's a market I'd rather they gloss over unless Obama wants to throw money at us like we're Solyndra.
Do we have any reason to think JM deals with them?
Blast from the past, an old thread about Jim
http://finance.yahoo.com/mbview/threadview/?m=tm&bn=78384&tid=9541&mid=9541&tof=5&frt=2
Even the Dow, S&P, and NASDAQ drop after proto posts.
Proto, ask Tom on the CC if we involved with any company whose name is similar to a popular shortening brand.
Leonberger and Bintz on the call? Nice. Tom must have read my post last night.
It's unprofessional to schedule a conference call only a week in advance. Tom doesn't have experience running public company so I don't get upset about certain mistakes but I think he set himself up for this one. Canceling on short notice, probably after realizing too many people were expecting something of substance, ok. Sorry to anyone who burned a vacation day. Then following up with setting a loose time frame and running up to the end of it? Most shareholders are employees somewhere and need time to adjust their schedules or to give notice if they want the time off to participate in the call. Next Friday is a holiday so scratch that for a CC. If it will be good don't have it on Thursday before a long weekend, that's an amateur mistake. That leaves Wednesday or sooner. Push it to April and it will get added on to the long list of things that took longer than expected. With one exception, if they do push it into April put it at the end of a PR telling us how pleased the LSS was with our material.
I have a trailer hitch on my CTS-V
I'll bring a mini excavator, haha.
Scandium, titanium, Europium, Gadolinium, Terbium and Dysprosium
These are the other things in the ground. Here is some info on some of them. http://www.quantumrareearth.com/press-releases/127-heavy-rare-earth-oxide-enrichment-encountered-in-niobium-zone.html I had asked the company about this in the past. A rough estimate is there is 3-5% titanium and also a good bit of Scandium, which is highly sought after and very valuable right now it's worth around $122,500 a pound! That is not a typo. http://education.jlab.org/itselemental/ele021.html
Nice find. This is turning into quite the catch.
Also, thanks to PurpleCritter for the Google search suggestion.
I misunderstood you then, I'm with you on that.
Ok, so you see it too. I'm not crazy then. Ask about it on the CC? Tom will probably have 8 emails about it tomorrow.
The fact that Tom didn't PR the Bintz hire makes this even more suspect.
I contacted nLight the moment I saw it but it was 5:02 their time. 2 minutes after close.
You misunderstood me. Lightwave's new product development manager Lou Bintz came from nLight, who owns the trade mark for nLight which just showed up in a Cisco PR. This isn't competition it's a link.
You're right, long term this is worth much much more. There is always price to pay for quick and easy. But if you're good at picking stocks sometimes quick an easy is what you want. I actually bought IAG for the first time the other week in the 6.20s-6.30s, a screaming deal. A stock swap with them at current levels would be great.
Hold on, "Cisco's nLight™ silicon"
Did anyone else notice this in the article? Lou Bintz came from the company nLight. Cisco show's it as trade marked in the article. I looked up the trade mark and it belongs to the company Bintz is from. http://www.markhound.com/trademark/search/27cHivHbu
Am I missing something?
Full sentence "Future routing and switching line cards will also incorporate CPAK technology, which is powered by Cisco's nLight™ silicon."
http://finance.yahoo.com/news/cisco-introduces-next-generation-100-120000427.html
Without the test results from the LSS you won't see big volume. Lightwave is cut out of the process so nothing will leak out beforehand like usual. As far as the people who are doing the testing. I originally thought they would be buying stock but after giving it some thought I came to a conclusion. It's very likely that nearly all of the employees involved in the testing process know nothing about who produced the material they are analyzing. As for those that do, most people aren't as opportunistic as you'd think. Even more wouldn't want to risk their jobs.
I hope that the results go straight to Tom and it's PR'd that day. Let everyone else at Lightwave hear about it for the first the same way we do. Let the news have the full effect on the stock whether it be good or bad.
Yep, from Cisco Technology Radar. I contacted him again today. Chinese water torture via email.
Cisco Presentation everyone should see.
This is part 4 of Cisco's Editors Conference from last week. It gets good around slide 10.
http://www.slideshare.net/Cisco/7-emerging-technologes-cto-panel-final
The author's name should look familiar.
Lightwave should contact Otellini and at the very least offer him a seat on the advisory board.
I had a BMX bike back in the day that had a Molybdenum infused frame. It was heavy. For applications currently using Niobium, Moly can't be used as a substitute.
Moly's about $21 a kilogram.
The catch there is that they can only mine so much a year. This is from the Niocorp slide show Start12 has stickied up to top.
About CBMM
"Published figures show a maximum processing capacity of 150,000 tpa
• Demand is expected to breach 180,000 tpa by as early as 2018"
In less than 5 years demand will exceed all combined production abilities of the 3 Niobium mines. That will cause both problems and is just another statistic making NioCorp a very appealing investment.
I follow, you'd rather own BRK.A than BRK.B.
49 million shares isn't excessive. If they reverse split us now we would most certainly go down after. Lightwave needs revenue so they can buy back stock to support all the options they award. Only 4% of the shares are left.
Even if they paid $3 a share that's only $270 million. Seems like a very small price to pay. $3-4 is a fair valuation.
Double post.
Since they're private and have a great deal of capital I would expect a buyout rather than a partnership from CBMM. They also have that "top secret" mining process that was talked about in the last article Walter posted. CBMM takes that seriously and probably wouldn't want the level of outside involvement a JV would bring.
You're right. Molycorp wanted to shake things up and removed Smith. I wasn't suggesting it was a plan to get him on the inside of NioCorp. The 2 you mentioned would make more sense.
But Molycorp owned the resource and invested money when it was much less valuable. So i wouldn't rule them out.
On the contrary, Molycorp needs new assets. My mild understanding of their problem is that a good bit of the rare earth elements they extract are also by-products of iron ore production. China is able to undercut them badly. This means if Molycorp wants to survive they need to own resources that are truly valuable. It would be a smart investment if they bought out NioCorp. Even smarter if they had Mark Smith scoping things out for them.
I would take a 2 for 1 stock swap with MCP.
Maybe Prather didn't like that we pay our PR guy more than his skilled engineers.
I'd like to think Lightwave wants to verify that EM can make a device with Indigo before doing the irreversible. If I were the CEO and was confident the material worked I would not merge/aquire before the LSS results came back.
You're right though, the whole situation doesn't add up. The rumbling on the board, this part of the 12/31 update: "with our effort to engage in a business partnership/acquisition, a by-product of that transaction could likely provide us with a person who has optical device expertise and could assume a full-time CTO role with our company to focus on the practical aspect of devices and commercialization."
Why say something like that if it's 5-6 months away? I'm looking forward to the conference call. Each update we get brings up more questions.
His four sons, Fernando, Pedro, Joao and Walter control a combined fortune of $27 billion, according to the Bloomberg Billionaires Index.
Walter, now we know who you are. :)
I was unaware of the ties to Molycorp, now Mark Smith working for CBMM and ending up at Molycorp makes sense. I wonder how strong his ties are to this family? This is very interesting stuff.
CBMM stands to lose the most by NioCorp building a mine in the U.S. Nearly all the Niobium that is imported here comes from CBMM. If they were smart they would use a little of that cash to expand and buyout NioCorp.
I think you're right. It also sounds like Prather has a good bit of experience with EO polymers based on his quote from the PR:
"We have worked with many different organic electro-optic polymers and I am very impressed with the potential of Perkinamine Indigo."
and he has worked on EO Polymer modulators:
http://proceedings.spiedigitallibrary.org/proceeding.aspx?articleid=1386276
Anglo, who was mentioned in the article, just spent the equivalent of what NIOBF needs to grow their existing mine. That shows that Anglo is Bullish on Niobium.
Do you think they would merge before finding out if EM can produce something that works with Perk?
X, did you know that theater in CO was one of several near where the killer lived but it was the only one that didn't permit law abiding armed citizens. Go figure.
RJ wants it to go down so he can pick up cheaper shares. I would not sell a single share tomorrow, the LSS results can come at anytime and based on the PRs we've been getting Indigo is working well.
EM Photonics and Lumilant have a full staff of well educated people who will be working on this. Prather is a the big mahoff at UDel so he gets free reign over all their high tech lab gear. That's what Tom meant, not that kids will be handling this job. Prather's company does millions in business every year. He has to have his own work space. I liked seeing GE and Nvidia on the EM website. Nvidia would probably be interested in what Lightwave is doing.
$1.40 @ 157,000
I find it amusing that someone would say this is great news and then predict a lower share price for the next day.
As for the PR, it's obvious this is the trial run for EM and Lightwave to see how the two do together. Lightwave waited for some validation that their coatings were done properly before moving forward. The quotes from Leonberger and Prather show reassuring confidence. Personally, I would have liked a loose time frame for the project. Prather already makes modulators with lithium niobate, so don't they just replace that with our material? That doesn't sound like a lengthy, "from scratch" task. I don't have a sound understanding of modulators though, I'm going to read this tomorrow to get a better grasp.