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Everytime I see a 100,000 share transaction I'm going to think it's the company.
It will tighten if no one bidwhacks and it sits at .009 for a few hours...people will start creeping up the bid and hopefully we stack up some support. Problem has been in the past few weeks as soon as support goes even near the ask someone sells out!
At .0155 I hope! :)
That would be great...but I've seen this before and it never seems to hold...maybe today will be different!!!
3 times they have bought shares in about 1 weeks time.
188k @ (I don't remember the price somewhere between .009 and .01)
100k @ .009
100k @ .008
At this rate they will buy back about 1.5 million shares a month if they continue to buy shares.
I'd say that they are doing this just like they conduct all their business...under the radar. It's really smart because if they did buy back 25% everyday then investors would start jumping all over this and therefore acdu would have to pay more for their shares.
The might just be accumulating slowly at a nice low price like any smart investor would do before a solid run!
I love how this stock has been very resiliant at .007...everytime I think we break support we find a way back to .007 and sometimes beyond...we even seem to build up a support level on the bid again at .007.
How much longer can this stock absorb the sales at that level? Who knows...I sure wish that pr would come!
2 things about that mookies...
1) they can buy 25% of the average daily volume for the last 4 weeks and,
2) they can buy at the ask if the last transaction was at the ask:
example bid is .008 ask is .009 and the last transaction was at .009 then the company can buy their shares at .009
http://www.investopedia.com/terms/r/rule10b18.asp
I'm starting to think this stock is all about the dividends!
At this rate though...they may end up buying back a few million shares by the end of January and who knows how long they'll keep doing it.
Between this board and the company we continue to eat up the float
NEWS!!! They bought shares again today.
100,000 @ .008
With that said...I haven't seen this thing drop below .007 in awhile. Very good support there. It just can't seem to get a head of steam.
I was really banking on that pr this morning! When that comes out this will run to a cent + easy.
I just worry that the longer it takes I don't know how much longer our .007 support will hold up!
very true...but i'll tell you what...if i say on Monday night something will be signed tomorrow...i better damn well be sure it's done tomorrow...otherwise i look like i don't know what the hell i'm talking about...especially if i am the PRESIDENT of the company!
You guys are doing a real nice job making excuses for this company! I think the price will take off when they finally dot their i's and cross their t's but i just get fed up with their inability to stick to a timeline even when it's a 1 day timeline.
Maybe it will come tonight or tomorrow morning and all my complaining will be for not...
this is my last post today...we'll see you all at 9:30am and i'm hoping for a pr! good night
they said it in the cc last night it would be signed today. if it isn't then i'd say they dropped the ball again. maybe you guys operate that way where you work but where i work, when i say i'm going to do something or something will be done at such and such a time...i guess i do it. if i couldn't i wouldn't make false statements.
i hate to say it but gastrodamas looks smarter and smarter every day this company doesn't follow through with what they said.
I have mutual funds, I have long term investments, I trade pinkies, and I expect (and hope) they will follow through with what they say in pr's. Not too much to ask for imo
GRBG better have a pr out today or tomorrow morning before the bell. That's just $hitty pr work if they don't make that information known. That's a pretty big deal to just let it slide by!
Does anyone think there are more than a million shares between us and a penny right now?
You would think these people selling today would at least have the patience to wait for the patent news this week? Maybe the problem isn't with ACDU...maybe we just have to many dumb people invested in it?
Nice little 200k buy at ask there.
Is there any validity to this because I have been seeing a lot of 200 buys lately. I like to think it's true!
http://www.thepennystockblog.com/signals.html
Here's 2 for ya:
IOVE in May of 2009 (now ACDU)
ATNO now ATNP
Both have been unbelievable since f/s
Why aren't these messages erased? No mention of R/S anywhere.
If I had any bullets to fire at all I'd load as much as I could at .007. Eminate news awaits!
L2 looks very inviting again this morning.
1 @ .0093
1 @ .0155
3 @ .0218
Think they'll pr that info today? I'm sure very few are aware of what happened in cc last night (myself included since I didn't dial in). Many are watching and waiting for that news...I think this would be important to share with current shareholders and potential investors.
Oh, and Ask just moved back to .008...good sign of things to come here?
Knight...I followed your twitter link but didn't see any updated news. Just the last pr from Dec. 23rd. Where is the info about signing tomorrow?
Thanks.
They either did that at 9:59 am or 12:59 pm. I wonder which one they were.
Charles Barkley would say this stock is behaving trbl!
Hope we get someone to come in and start buying this afternoon like the last few trading days...maybe run us up near a cent or so. We'll see.
I am discouraged by the lack of gains in pps as well...although this may be the first day that some people who wanted out have the opportunity to sell their shares so that could be affecting pps today.
I get the sense that the only thing that is going to make this run to 2 cents and beyond is dividend news. That's what did it last time and will do it again.
All the great pr's seem to have little affect right now...still waiting to see what patent news does...if that doesn't help then I'm at a loss for words!
Hopefully patent news this week has a stronger hold on the pps then today's news.
did you fill yet?
Get your azz out the way 98's!!!
Really, we opened up lower? What the hell?
Sounds like tomorrow's CC is going to be all business about Wowgreen...I don't think we'll see any mention of buyout. We really need to see the pr this week like the previous pr stated or I'd say we drop off a cliff on Friday without that news. Delays kill penny stocks! imo
Agreed, but I've read a few of his posts and he doesn't seem the type to post bs like that. Can't really figure out why he would come on here and post something like that if it wasn't true...especially on a Sunday afternoon when it won't affect anyone (not that it would anyway).
Agreed...you don't see us ranting about a forward split coming...why? because there is no reason for it! just like gas spouting off about an r/s that has never been mentioned.
I'm curious as to how you're privy of this information:
"I know of quite a few large investors that are going be in this stock shortly."
I've heard people say this before and I don't believe anything ever became of it. Do you really know large investors that will drop 100k at the ask? If so, that's great to hear!
Let's hope we get that pr sometime tomorrow!
Man I hope you're right!!! Lot of people with high expectations this week! I won't take a guess as to what this week will bring but if I didn't think I would make money when I averaged in at .0168 I wouldn't have bought the stock, and I still think I got a good price (although it was tough to say that when this thing was sitting in the .006's and .007's.
Excited for Monday!!!
I'm not going anywhere....I've been holding the bag since late October waiting for my divy's. I wish I could say the same for everyone else. Patent pr next week will hopefully get this stock rolling again. Hopefully it's some mind blowing technology!