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This is the weirdest trading stock I have ever been in!
No one puts 574,000 shares up, just above the Ask, if they really want to sell. Someone trying to manipulate and load cheaper, imo.
You really don’t know who holds the short positions. Here is what Fintel shows this morning, for shorts, as of Friday:
Short Interest 5,141 shares - source: FINRA
Short Interest Ratio 0.00 Days to Cover
Off-Exchange Short Volume 745,178 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 62.37% - source: FINRA (inc. Dark Pool volume)
Really good post solong! Excellent DD.
Wow, this could be huge.
No that is absolutely not true. APSI will have around 125 million dollars with a net profit. My point was many companies trade at a net loss and still trade at $20.00 plus. That’s all I was saying. You seemed to be saying if a company loses money, it’s not worth investing, my point was, that is untrue!
Just to give you a little perspective on losses a company incurs. I was just researching Draftkings, while doing research for another stock. They lost $1,425,160,000 last year ( ya that’s over a billion dollars) and their PPS is $19.07 right now. I can name probably 150 stocks that lose millions, if not billions and trade over $10.00. PPS is based on the investors belief in the company’s potential.
Added another 20k shares this afternoon. Expecting next week to be epic.
Wow, awesome find. Time to load more HDUP, been waiting almost a year for this to finally come together!
Of course. Wait for the audited annual
Getting ready for blast off here! Should be a short trip to .20+
Remember to add back depreciation, interest and the 8 million they spent on an acquisition and the unusually high cost of fuel last summer. They may restate their financials from Jan 1, 2022 to Dec 31 2022, a true year.
Short volume is not simply hitting the bid: The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.
For a complete explanation read this: https://www.finra.org/investors/insights/short-interest
I’d be thrilled with a conservative 15 PE or $3.90 a share.
Volume for the OTC stocks I follow are all in the toilet today. Even my big board stocks have super low volume this morning.
That is total nonsense. The charges are 13 years old! Carnes is not the CEO or CFO. He is just a board member. APSI hit .85 when Carnes was CEO. Go figure, lol.
I totally agree. Times are much different. Dark Pool trading should not be legal, imo. They should also crack down on these organized groups, that accumulate shares and then act in tandem manipulating the stock, which is what I believe happened here and is probably still happening. I do think this merger is big enough to overcome all the BS, we just need to be patient.
It’s being manipulated, someone or some group has a vested in keeping it down for now. It is very easy to do, with low volumes.
Wish someone would slap the Ask for 100,000 shares and knock out some of these fools. I slapped it once today.
I kind of figured buying other smaller trucking companies would be their plan.
The stock everyone is all amped up about today and is number one on the BOB, loses $15.00 a share! Go figure, absolutely insane.
Why would anyone sell their shares at these levels? It truly boggles the mind. Some of these stock trading groups tell their members to sell on news ( no matter the news), or to play the charts, if it’s up 10%, sell, etc.. People are always complaining they can’t or don’t make any money in the OTC. Well folks, try playing fundamentals! It’s a good way to get wealthy. Here are APSI’s: 17.2 million OS, 125 million dollars in revenue, it’s a company that is growing around 50% a year, and has a positive EPS. Wake up folks!
Correct! Tradition wanted to go public and using the APSI Shell was the easiest and cheapest way to do it. They know doing this will make all the insiders multi millionaires. Being public also makes it easier for them to grow.
True, but the OTC has had terrible volumes lately, imo.
The DP short here is only 108,000 shares, most likely market makers, they maybe naked.
No, the dilution would show. They update their share structure every week, it looks like, and it’s remained unchanged for quite awhile. Dark Pool is used by hedge funds and market makers.
Check out APSI! 17.2 million OS, 125 million in 2022 revenues, future NASDAQ stock, trading for .30!!!!!
Exactly! Plus making the payments, should be child’s play. They have 125 million dollars in revenue and a company that’s growing at about 50% a year! I don’t understand why people are obsessing about them making the payments. Anyone who has ever been in business, knows exactly how to do it.
You are exactly right!
Here are today’s short numbers (I use Fintel for up to the minute data): Short Interest 5,141 shares - source: FINRA
Short Interest Ratio 0.00 Days to Cover
Off-Exchange Short Volume 108,553 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 46.27% - source: FINRA (inc. Dark Pool volume)
I think it’s most likely Market Makers, who will short into a run, to shake out shares.
Should be at least 15X EPS, which would be $3.90. That is still only a 67 million dollar market cap, which is peanuts for a growing company, with 125 million dollars in 2022 revenues and growing quickly.
Added more shares this morning to my stash! Can’t believe the PPS. I have never put so much money into a single OTC stock, but I’ve never seen an opportunity like APSI.
EPS should be around .26, figuring a conservative 15 PE, the PPS should be $3.90.
This is the weirdest market! APSI should be at .50 right now, after this morning’s news, heading to $1.00, instead it languishes around .30.
WAKE UP PEOPLE! APSI trading at under .30, with a 17.2 million share OS, has anticipated audited revenues for 2022 of 125 MILLION DOLLARS and an uplisting to the NASDAQ. Read this: https://www.otcmarkets.com/stock/APSI/news/story?e&id=2463092
Anticipated 125 MILLION DOLLARS in audited revenues for 2022!
AWESOME ARTICLE (see below)
APSI Is â Undiscovered Opportunityâ tm For Investors After Tradition Transportation Group Buy
March 02, 2023 -- (RazorPitch APSI) --
(NewsDirect)
Aqua Power Systems, Inc. (OTC: APSI) is an undiscovered gem of an opportunity for investors. It had been an OTC shell company before it recently acquired fast-growing Tradition Transportation Group and all of its subsidiaries for $28,548,458.76.
Now APSI has already filed for an up list to the OTC QB exchange with a NASDAQ listing as its ultimate goal.
Investors should keep APSI on their Watch Lists because of the Company s asset-based acquisition in the hot transport business freight, logistics, warehousing, brokerage, leasing and more. At a Market Cap of just $4.227 million and its stock trading at some $0.26., this is a chance for investors to review APSI's Tradition growth opportunities in several sectors.
Tradition Transport Is International, Growing Fast And ProfitableSales are anticipated to be full year 2022 in the range of $125 million with a net profit of $4.5 million. Full results will be announced next month. In 2021, Tradition reported revenue of $87,695,384 and a net profit of $2,986,945
In 2020, the company generated $49,992,274 and net income of $1,738,623
A wide-ranging interview with management tells Tradition s story of growth, profitability and future expansion plans. On a Conference Call were Tim Evans, president and Director; Joseph Davis, COO of Tradition and also President, Treasurer and Director of APSI; Robert Morris, CEO and Director of APSI; and Stephen Carnes, now Corporate Secretary and Director of acquiring company APSI. Formerly, he had been CEO/President/Corporate Secretary and a Director of APSI.
A Back Seat Role And Strategic Opportunities For Growth
I ve taken a back seat role and am staying in my role at APSI as a Corporate officer and expert in filings. APSI is looking at other strategic opportunities and potential deals, Carnes said. He added that as APSI sees an up list to the OTC QB exchange, it plans to add independent directors to its Board. APSI's Board now has three Directors.
At Tradition Transport, Tim Evans, president, outlined the future, This is a yet undiscovered opportunity for investors. Our Market Cap is at just a fraction of our revenue. We see opportunities everywhere.
Traditions Five Subsidiaries With Broad Growth PotentialTradition Transportation Company, LLC is the single largest subsidiary of Tradition, generating some 50% of total revenue in full year 2021. It serves all 48-contiguous states. In addition, Tradition Transportation operates a fleet of 162 company-owned tractors and some 303 trailers. Tradition also leases some 64 tractors and 248 trailers. Freedom Freight Solutions, LLC., has demonstrated sharp growth. In 2021, brokerage accounted for some 35% of total revenue. It includes Freedom Freight Brokerage, an asset-based company and an affiliate of Tradition s transport trucking division. Freedom Freight serves Mexico and Canada, as well as other international shipments. Tradition Leasing Systems, LLC represents about 7% of total revenue. It includes all types of truck leasing, such as long-term, short term and sub-leasing options. It also sells both trucks and trailers. Tradition Logistics, LLC. operates six warehouses cumulatively accounting for some two million sq. ft. There are four in Indianapolis and two in Georgia.
Anthem Anchor Bolts and Fasteners, LLC. , is a subsidiary that manufactures bolts and fasteners and creates custom plates, cages and embeds.
APSI has aggressive growth plans, particularly for the second half of 2023 and in 2024. These include growth through M&A with more acquisitions in the future as well as organic growth. Joseph Davis said Tradition Transport is already reviewing future potential buyout candidates. We ve identified some acquisition targets. These are specialty businesses related to the ones we are already in.
Tradition Transport is also active on its plans for organic expansion.
Warehousing, Brokerage And Drayage Key Future Growth
For example, in warehousing, it operates six warehouses totaling some two million sq. ft. Joe Davis says the Company plans to add two-three more warehouses annually in the future about one million sq, ft, more every year in the future.
Brokerage was among the Company s fastest-growing subsidiaries in 2021, adding some 370.45% in revenue vs. 2020, according to an APSI 8-K filing. In the future, Tradition sees this as a driving platform for its growth in the future, said Tim Davis, president, noting that Tradition is opening a second brokerage office.
Drayage is also a vital growth area. Tradition is able to move freight, not just through trucks, but from drayage via unloading ships at a port, storing it in a nearby warehouse, then moving the freight by truck and also by rail. Whether freight moves by water, rail or truck, Tradition handles it. Its facility at the port of Savannah, Ga., will handle more drayage business, management said.
Trucking An $875.5 Billion Industry
Robert Morris, newly named CEO of Aqua Power Systems, said recently, To think in terms of Tradition only being a trucking company is short-sighted. The foundation they have already laid in the other sub-sectors of logistics, warehousing, and brokering all work hand-in-hand within the growing transportation industry to streamline services and increase revenues.
The American Trucking Association (ATA) says that trucks in 2021 moved greater than 72% of all freight in the US by weight. It added that gross freight revenues from trucks amounted to $875.5 billion, or 80.8% of total revenue generated by the freight industry that year.
In terms of international trade, trucks accounted for 66.1% of the surface trade between the US and Canada and 82.7% of surface trade between the US and Mexico in 2021, the ATA reported.
The management team at Tradition has more than 120 years of experience, Tim Davis, president, said. We began with a lot of consolidation business internationally from Canada and Mexico. Now, we are planning to add more international business in the future.
Transportation Industry Learned From Covid-19s Logjams At The Ports
Davis says the transportation industry learned a lot about its strengths and weaknesses during the Covid-19 pandemic. We saw logjams at the ports and significant weaknesses in the international supply chains as more companies outsourced. Tradition can relieve those logjams and unload ships through its operations at the Port of Savannah, he said.
Now, we anticipate more robust business in warehousing and a cooling off in freight movement, Davis observed. But our growth over the next 24 months will be in larger steps, he said. There will always be ups and downs. But we see these growth steps as bigger than in the past.
CONCLUSION
Investors may see freight transport and logistics as a sector to put on their Watch Lists because it is a more sophisticated business today. New technology can pinpoint freight movement, ships/trucks/rail consolidation combinations can move goods faster and efficiently as warehousing and brokerage also build profitability. By acquiring Tradition Transport,
Aqua Power Systems, Inc. (OTC: APSI) moves from a shell company to a highly profitable and growing asset-based firm seeking an up-listing to the OTC QB exchange. It has a low market cap now that deserves investor review. This is a company on the expansion flight in an $875 billion industry here to stay. Investors take note.
Razorpitch Inc. is a marketing communications and investor relations firm serving private, pre-IPO, and public companies. RazorPitch specializes in corporate, investor, and stakeholder communications, with a primary focus on sponsored media. Our goal is to raise visibility, expand awareness, and increase value. To learn more, visitRazorPitch.com.
MMs and Hedge Funds use the Dark Pool: The primary difference between a dark pool and a lit exchange is that pre-trade information such as bid/ask are not available. However, once a trade is made, dark pool trades are published on the tape and tracked like every other trade. When it is time to report, any open short positions are reported, no matter what type of trading venue those shares were acquired on.
Yup! Go figure!