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Wow, are they all-in or what? That's another 250K investment, with a conversion price at 70 cents, do you think that'll be another floor to this stock?
On another note, I simply couldn't help myself to buy another 4K shares at 80.5 today. I realize it goes against what I said in my last post about buying under 80, and maybe I will be sorry for it (in short term, hopefully not), but long term, look out!
I started my reply to you like this ...
I am definitely NOT holding this thru then, I am BUYING it tomorrow.
Seriously, but thanks for the heads up about earnings, I forgot about that. As mentioned, the insiders clearly are NOT selling but the opposite including this last rally (see latest Form 4 for purchase of a 1000 shares, granted it's trivial, but it sends a message in my opinion). I think there is a lot more than meets the eye that we are not aware of. One way to look at it is if you are in for longer timeframe, I think you have nothing to lose. If for a shorter or variable timeframe, then there could be risk of tying up money, but, at this price, and with that purchase order, I simply cant see it going back down to 60, but then again, I couldn't see it going back down to 78 the other day and its only a few cents from that now.
So, what I think I'll do is be ready to buy on any dips below 80, regardless of the reason. I have clearly made the mistake of over investing in stocks multiple times, and I don't want this to fall into that pattern, but I do feel very very comfortable on the long term prospects here.
And again, a dip to 60 would be along the lines of the average low range for this stock since 2001 with the exception of last summer (not adjusted to inflation). And that's without news like we just had. I simply think the downside is limited at this point. Not sure what else to say.
That said, in hindsight I made the mistake of basically not selling into the rally (except a trivial few thousand shares at the peek, better than nothing I suppose and some at 1.35) AND I have made that mistake before with other stocks, but I will NOT repeat that mistake again. In hindsight I might have sold a quarter of my position in the 1.60 - 1.80 range, and bought most of it all back around a buck (not knowing it would continue to go down to 80 but that would not have bothered me at all) and the remainder between 80 and a buck. So as a plan, as it rallies to say 1.25, 1.50, 1.75 and 2.00 then I am a seller, not a lot persay, but I am a seller, its just the prudent thing to do is what I have learned - the stock does not always price to what it's potential is which is what we have just learned on this event. Then if it pulls back enough from any of my sells, I might consider buying back in.
Here's the 16 year chart:
Appears the pre-market market for DPW has completely dissipated - there is NO volume in the pre-market compared to the announcement day and the days following it has continued to drop. I guess that's simply the way it works with announcements like this, that is, no stock can hold attention indefinitely. But I wouldn't have expected it to go to zero. No big deal, things will happen. The overall daily volume has also dropped to less than 1% of that first day, though more than the daily volume per-announcement. We'll see if that holds or decreases also. Anywhere under a buck is a steal in my opinion. While not as cheap as it was at 60 cents, given the announcement, it's actually even more of a steal than it was then.
ok I see what you are saying, I was sort of thinking like one huge investor but you are saying a bunch of speculators, hmm, ok, so such people are going (assumedly) blind, got it. But something set it off, and that was probably not just some speculator I would think, since there are probably many stocks one could do take that approach with, and very risky in all those scenarios.
Thanks imiloa, I want even looking at my XCLK screen.
Nothing has changed since my last update. They WILL become current in their fillings. And it certainly should be sooner than later.
Where a bid for 600+ million shares has come from I don't know, but we certainly won't complain.
One thing is for sure. Anyone who wants out and didn't get out the last time, this is it, there are no excuses for any complainers not being able to sell out at the bottom (vs. not being able to sell out at all.). If we get strong enough bid at .0002 then those who wanted to get out at that price will have no more excuses either.
NO COMPLAINING on this board about not being able to "get out" and being stuck with shares having bought them at XXXX price and not being able to get out at YYYY price. I apply that to myself as well.
Stuff is really starting to come together all around I'll say that much.
Was the buyer today at 45 and 36 cents. What a bargain, and nobody knows about it. If I can free up more funds, I'll take anything under 40. I have bought more than half the shares since early Feb to give an idea how slow this trades. Lets see how much iron they can produce for the remainder of the year.
Yes I've met Todd a couple times and he is brilliant and a man of his word. And here he has now taken over as DPW's Board chairman, surprise surprise. He is fully vested in DPW's success along with other ventures. Just read through all the 8-Ks, look at AVLP and check out Alzamend (sort of unrelated) and connect the dots. This stock is so undervalued it's sick. All I can imagine some sort of short seller collusion where the market makers can make money in both directions, but nothing will stop this when the revenues come, but hopefully don't need to even wait that long before we go back to $2 and beyond.
man, how is it that I am invested in all of these companies - CVAT, MCW, and of course now newly named Pledge. Hopefully I have been listening to the right birdie out there.
But seriously, could they have all this crap going on and issue not even a single 8-K for material information? Or is this just the routine day to day business that we have been waiting for coming to fruition, I just don't get it. But the silence from the company is deafening, I just can't stand it.
Anyway thanks for all the insights, I really hope they pan out.
Another wild day. Bought everything I could at or near the lows. I would really think the downside at this point is strictly limited, but what do I know. From a longer term fundamental perspective, this is solid, as long as there are no big surprises. The traders can push this around, but the numbers will speak for themselves when the time comes.
I bought very very heavily in the 60 cent range before this news. I have been buying from 1.06 down and now heavily at todays lows. That's how much I (now) believe in what they are doing.
So you can tell that this is due to shorting? Do the commoners have the ability to see this on our screens somehow (i.e Fidelity Active Trader Pro)
It will be a money maker. The stock is selling well under, and thats an understatement, of prices hit many many times in the recent and deep past, without this news which was kept well hidden. Fascinating that it could get this low, absolutely fascinating.
By looking at the trade counts in any given period of time (like even one minute), would I be right in concluding that some of this trading is automatic/robot and not humans? There simply cannot be that many eyes on one stock like this to be able to trade it so heavily without some sort of automation, at least thats my untrained take on it.
This was the most bizarre trading I have ever seen. Almost twice the outstanding shares traded just circling around. Surely a lot of churn and burn. Now that this news is out and it is priced, I would call it a buy. It was a screaming buy for months when I begged people to buy the stock on this board, but anyway, it's still a buy at this price and more of a buy down towards a buck.
But shocked that it didn't really get and stay over a couple bucks. Maybe we'll need to see the actual revenues for that to happen, I am not sure.
Back in around 39-ish. There was a promo that probably drove the price up but it has not held, but this company is not going away in my opinion, this is a buy at these prices.
This is absolutely incredible news. It's all coming together. So, MTIX, now who owns them? See the recently issued 8-K for Avalanche (AVLP):
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11921030
Meanwhile AVLP is getting ZERO attention in the market today for this news, while DPW has already traded half its outstanding shares, unbelievable.
hmm, well, I believe enough in the company to buy some more today at 22.9 and 24.2. Hopefully there is enough time for things to pick up before conversions take place. I have confirmed that share count and float on otcmarkets is correct.
Well, no news since the e-commerce site has been up and announced. Not sure what to make of things. We just have no visibility. The stock price is stagnant without much volume.
ok, so they make the announcement of infusion of funds and what happens? The stock drops two days in a row into the low 50s and then recovers back to 60. What the <blank> is going on here. People clearly don't see the writing on the wall, but I certainly would not have expected to see the opposite. I am a buyer if it dips back under 55 for sure.
hmm, interesting, I had a small order in for 42 cents just to take a little off the table for safety sake that never filled even though it hit that price. Then to see it go all the way back down to under 30 cents, I simply do not understand it. With all the publicity given as you say, how in the world could it not hold a small rally, or at least hold its own closing price from yesterday. This is severely disappointing.
MTI-X web site is now up properly, not clear to me whether it ever was up as such or whether they had it down to be under the radar, I am actually going to assume the latter, but anyway...
Check out the video they have which pretty much is inclusive of any other information on the site. This is a disruptive technology meaning that it will fundamentally change the way processes work. It speaks for itself. I also found the following spec sheet outside of their web site that is informative:
http://textilehouse.co.uk/wp-content/uploads/LaymansReport.pdf
All I can say now is that this is a screaming buy, but nobody (or very few and those few obviously don't post on this board) sees it.
On another note I can see that the Restaurant Giulia that is being sponsored by the Restaurant Capital Group (RCG) LLC arm of AVLP is close to opening. This is very high scale near the Staples Center in LA. You can see pictures on Instagram, as their main web site is just a splash screen asking for your contact info for mailing list. This endeavor should help with AVLP revenue numbers.
Wow, record volume and it has gone hardly anywhere. That is in stark contrast to what you were predicting. I wonder, is it the same shares trading over and over or what?
Nice little rally, took a bit off the table at 50. I would continue to take more off if it rallies to lower exposure. If it drops back, I'd buy back in. I don't think they are going away, and I like that they are very diversified in their initiatives - all it takes is just one, as we saw with Zika spike.
8-K: Avalanche is buying a U.K company MTI-X for which there is very little info available online for something like 10 million bucks plus stock, wow. Specifically: "(a) 7% secured convertible promissory note of $9,500,000 ... (b) (i) $500,000 in cash, ..., and (ii) 100,000 shares of the Company’s newly designated shares of Class B Convertible Preferred Stock (the “Class B Shares”)"
On their site it says:
"MTIX Ltd is an advanced materials and processing technology company located in Huddersfield, West Yorkshire, UK. The company has developed a novel cost effective and environmentally friendly material synthesis technology for textile applications.
Multiplexed Laser Surface Enhancement “MLSE®” technology utilises combined high powered pulsed UV laser and atmospheric plasma to create high energy reaction zone at substrate interface promoting rapid synthesis to achieve the required functional treatments. "
Say what?
They must really believe in what these folks are doing to pay that much money. Green technology appears to be the key here, since so many industry processes are just chock full of chemicals. Look forward to future PRs to give us the gory details.
How this affects the current stock price and its liquidity is a mystery, though there are mentions of the stock price in the 8-K with respect to exercising the options (50 cents/share). Too many unknowns at this point but I would expect this deal should only be a good thing.
I took Starter posn the last couple days, a small posn enough to back off the ask up to 15 cents. Wow very little volume for this stock. Let's see what it can do. A few days in Dec/Jan filled up this board with repetitious posts, since then nothing and off radar.
Wow if I am reading what you wrote correctly, you are talking about 60 to 90 cents and beyond? No way do I believe that. In fact I'd be happy if it just could move a few pennies, but, what the heck do I know I suppose. I'll be watching closely for sure thanks.
Right I know that site, I use it, but you mentioned someone called Protrader which is what I am confused about, as if thats the alias of someone or the name of a service.
Thanks, who is this protrader, is it some kind of service you sign up for?
Thanks
There was small promo yesterday also which was probably the reason for the increase in volume yesterday as well. So you are saying there was no promo "today". Hmm.
Thanks, I was tempted today to take some off the table, but I do feel this should have a lot more potential and I didnt buy super heavy at the bottom. I was thinking if it reached 40s I'd take some off. So hard to know what to do all the time. While this ton of volume moved it up a bit, its still not that far from the bottom in a relative sense to the peaks. I'll think about it. Do these promos sometimes have a lag to them, that is, even after stopping the promo they keep rallying?
Wow, Philou infuses company with up to 5 million investment (8-K/press release), that's huge, considering the company is not even worth that much now.
Well, it appears these guys are taking over the company at this point/pace. They must really believe in what DPW is doing in this space, it doesn't appear to make full sense, but I say follow the insiders and see where it takes us.
It'd be interesting to see the stock price react to this news, or not.
Johnny, I believe they even have an 8-K ready to go to provide an update, but everything must be in place before doing that.
there appears to be a seller with 50K shares on their hands. Now that is disappointing as I have not been counting on any significant resistance on the way up and this has pulled us down again. I guess we'll have to wait for him/her to either leave or someone will need to take his/her shares. Hopefully we can get the long awaited 8-Ks, 10-Qs, 10-Ks and whatever else they owe us bigtime to get things moving instead of tiny spurts and spats, as I am getting worn out there.
8-Ks keep flowing, it's crazy. Now even the CEO instead of taking restricted stock has gone with options for 317K shares of stock for a penny. A number of people have gotten into the game. Now what does this tell us? Not exactly sure, but there's enough 8-Ks documenting qualified investors getting in at these prices with equivalent options/warrants to buy more. Does that sound like a company that is needing to finance from the bad lenders? Absolutely not but it sounds like a company that has believers. It's a pointer to confidence in the company and a desire to be a part of it. Whether what they believe will come to pass or not, we can't say for sure. Meanwhile us piddly investors can get our part of the pie as well, with the stock selling at a floor around 60 cents/share and no restrictions on selling on the open market if we get a nice spike or better.
Yes I saw that, good deal for the buyer in my opinion.
To clarify ... when I referred to multiple irons in fire, I was NOT referring to myself (although I do have many of my own irons in fires)
Follow the insiders and do what the insiders do (even if you don't know the details) is an approach that I try to incorporate into my investing and it's what I am doing with the related companies here with hopes of a treasure at the end of the path. Sometimes these things take a lot lot longer than expected, but can be more than worth the wait.
Case in point the general stock market is way over valued - with the Russel 2000 at A RECORD 30 times earnings. The insiders are selling, and that's why I am heavily short the market (and long precious metal stocks) and losing money (but when that changes it will be breathtaking). Luckily these penny stocks don't necessarily correlate directly to the general market (but there is always risk they can).
Sorry I really am not following your reasoning at all.
The chairman whom I met with is Todd Ault, he is a man, not a woman, not even close.
All of the director and management info is available on the appropriate web sites including those of the companies themselves.
Let's stay focused on XCLK for these discussions if possible.
ok last night (not this morning as originally planned) I did get to meet with the largest shareholder of XCLK whom I have absolute full trust and confidence in (and I am not just saying that lightly!!!), and another business associate related to the other opportunities he is involved in. I do not hold him "responsible" for XCLKs failings or shortcomings, though his being spread so thin sadly has never helped the cause.
With regards to XCLK, the plan has not changed: to become current with all of the fillings. A special filing allowable by the SEC that allows for filing for an extended period of time instead of individual filings should be possible with SEC approval. They have the funding in place to be able to do that. In the meantime they are working on revenue generating projects (can't share here), and there is no shortage of work to do. Once current, they should be able to move forward more aggressively.
Of course the big question we all have been asking is why does it take so long. If you had multiple irons in the fire, some that have many times more potential than others, where would you spend your "energy" and time and focus. Not what we want to hear, but it is reality. I for one have put my "energy" in those other endeavors (and you can read my posts on the respective boards) and will continue to patiently wait things out here which I believe will come to fruition. In the least most of you should be able to at least recoup some of your money, all of your money, or make a profit, when and after filings become current, that is my plan.
In the meantime I can attempt to answer questions but I apologize in advance if I have been and continue to be a bit nebulous on some of these topics. Contact me privately as well.
Thanks, ok, I see those boards are dead so not something I would pursue starting up.
Avalanche does not own XCLK, but the largest shareholder of Avalanche is their Chairman of board which is whom I met with.
Oh my gosh, Herschel, wow, you actually met that guy, cool. The closest I got to him was sending him an email right before Hillary announced telling how great things were going to be and wishing him luck and that I realized how busy he would be so I wouldn't be offended if he didn't get back to me, which he never did. I just found the email, April 11, 2015 - how can we forget what ensued the next couple weeks. LOL
I'll be in the Big Apple with the largest shareholder of XCLK who is also the largest shareholder of other companies I regularly post on iHub for (one which is not yet public so without a ticker there's no place to post to - maybe there is an option to start up a pre-IPO board on iHub?)
I'll let you all know how it goes.
Added position at 26 cents, so there was another leg down, but at these prices, compared to the highs, it's a good deal. Caveat: Granted I am not excited about all the loans being taken out including the last one from Power-Up Lending, again.