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.
You can buy at Scottrade.
One area Brian may be able to help immediately is with the new mills. Chas has talked a lot about how mills are used in pharma. Brian has a history in pharma. He could help with market penetration for the new milling process.
Great interview - Great Hire - I am really stoked about what this means for Centaurus.
Took way to long- now to break through that CDEL wall.
Looks like NITE is going to print .29's all day long. Over 15,000 shares have traded at .29 and they have dropped from 5000 to 2500 on the ask but still sitting there filling orders.
Well said Mitch - and good luck with the new car (Rolls or Maserati)?
Well it was thinning until CDEL put up 150,400 at .30 - Here is current L2
5000 .29 NITE
149,600 .30 CDEL
2500 .41 CSTI
1000 .51 CANT
I think CDEL may be flipping shares they bought cheap over the last few weeks. Could be wrong though.
Yep - L2 has been thinning out last few days. Should be getting close to the next run. Just think what will happen when the street wakes up to this :)
Awesome and exciting news! Had no idea who it would be. If anyone on IHUB or the street had any doubts that CTDT is building a legitimate company those questions should now be answered. For those who have been on the waiting on the sidelines it is time to invest in the monster!
Talking with Chas a while back he eluded to the new Prez. Did not say his name but did say that he is a high powered person and a well known name. I am anxious to see who it is. I would expect no sooner than Tuesday at this point. As pointed out news on Friday's and Monday's are not the best. Chas has already held a press release once to improve timing. I don't think he will hesitate to do it again.
On the funding I agree Naval. Could be dilutive. I am actually hoping they issue a new class of stock. Give the investors a preferred class but keep the low float on the common stock. It could work out well for all parties. Regardless of how it is structured it will certainly be a positive.
Thanks Billiam - two things happening I believe. First the available stock is thinning and Second - NITE and CDEL are working overtime to keep the stock from running. At some point they will have to step aside and let it run. Not sure what the next news release will be or if it will be enough to push us past this resistance and into the .50 range or above. Regardless it is good to own this stock. It is only a matter of time.
So I was not able to watch the action today. I see that NITE is sitting at .3 - where was CDEL at end of day and how many shares?
Sorry for the slow response Billiam I have been in DC at meetings all day - no it's not me - not even close. I run a very small non-profit so I don't make a lot of money and can't purchase as much as I would like. But I do have several hundred thousand shares and that should set me up nicely I think :) The 14 million is held by one of the regular posters here but it is not my place to disclose. Bradlee sold out last Fall (I am sorry to say) and he held about 5 million and then Hotrod had around 5 million as well but he has stated he sold most of his position as well. I used to know most of the share counts but not so much anymore. I still assume most of the float is locked. Chas said about 2 million out there. I would assume that is accurate. Very good news for us because as news hits and more buyers jump in then the scarcity of shares will drive the pps up. Frankly I expect the pps to climb for several years as they get news out, go into full production and old and new industries begin taking advantage of the product. Not sure when the pps climb will stop but it has a very long ways to go.
Nice interview - I have been waiting to see who the new Prez would be. Supposedly a big name. Also of note is that funding is solid. Going to be a great year in CTDT!
L2 thinning out
Man I'm jealous. Keep telling my wife we should take a trip to Costa Rica - Hope you enjoy it.
So why did somebody pin that post?
CDEL as steadily worked to push pps down this week. They drop their bid with big number to block the pps from climbing and then but a small amount into the bid. They have done it over and over again this week. We need news to bring buyers in so they can't do that.
I bought my first shares in July of 2012 - I believe the wait will be well worth it :)
BigDaddy I have no desire to bash you but I would like to respond to one of your issues. You seem to be bothered that no one is investing in this company but that is an inaccurate assessment. If you look at the 10k's from late summer and last fall you will clearly see that the company has investors funding it. They are operating more like a real company, have purchased another company/product/patent that they are projected to start delivery on within a few months. They have hired another top science officer and are in testing with the magnatek process. All of that takes money. And they got the money from investors. You may not like the investors and you may not care for how the investment structure worked but they have investors. Don't invest in them if you don't believe the company will ever amount to anything but do it based on accurate information not some perception. And for the record you could easily call Chas Radovich and discuss your concerns with him if you really wanted to get facts. A lot of people on this board have. He is quite accessible.
It,s OK Trader - I have no bone to pick with BigDaddy. He is welcome to his opinion. I would caution everyone to be skeptical of information posted on these boards. That is why I have spent a lot of effort on this stock. I don't play penny stocks I look for investments and in my opinion this is a long term investment. I hope it makes us all a lot of money. I hope we can all meet in Las Vegas and celebrate our success. But I also recognize that everyone has their own investment strategies and thresholds for risk. I hope BigDaddy does well with his own investments and strategy. I have no malice whatsoever towards him.
I have over 100 pages of articles and documents that discuss the diamond industry, the current synthetic diamond processes and the market forecast. I have a copy of the original business plan for the company. I have several articles on Chas Radovich and his background as well as other members of the board. I have been to Las Vegas and met with Mr. Snaper, seen the patent and seen stacks of pictures (I still have some copies) of the raw product produced from the magnatek process. I have seen the containers they put carbon in to crush. I have seen both new ones and ones that have been crushed. I have had it explained to me some the problems with the crushed vessels. I have seen dozens of other patents he owns (actually have a copy of several he has not put into production)and spent the afternoon with him. He is brilliant and I have every confidence that when he walked me through the process and shared pictures with me that he was not making it up. I have called the company in Rhode Island to confirm they did in fact own and had leased the equipment to CTDT for testing. Since Chas has taken the reigns I have talked with him several times (many members here have) and he never failed to deliver on what he tells us. He is very transparent. It is fine that you don't believe me or others but coming to the board and insulting investors for holding the stock is not a good way to win friends and influence people. As far as due diligence goes I have been as thorough as I possibly can. I may end up being wrong but fairly confident I won't. While I have never met others on this board I have no doubt that they are doing their own research and not just investing here because I put out information. They are intelligent and together as a community we keep each other informed as best we can. It is a great group of people and have no reason to consider any of them fools. Not sure why the anger. We welcome you as an investor and poster but we would prefer you not jumping in calling names. Thank you and best of luck.
So we would be fools for not selling but you are one who sold when it was under .10. Okay - And it is not Bradlee he got out last Fall. I have talked with him about it. As for being a fool - being a fool is following all kinds of penny stocks in hope of finding one but gaining and losing your way to nothing on the way. Picking a company that has industry changing potential and being patient while they put their plan in action is not foolish. Management has done everything they said they would do since late last summer when they took control. They have given no one here any reason to question them doing so in the future. Instead of calling everyone here fools why don't you do some due diligence. If you don't like the stock then by all means go find another one. Or maybe you are just trying to scare people into selling for your gain?
My only question is WHO is selling into the bid like this?
Wow! CDEL and NITE in a war to have control of the board. Reason?
They keep dropping by .001 to get below the other one.
CDEL all over the pps map today. Not sure what they are doing.
Very limited shorting at this point I think. But either they don't have the shares and printing them or they have very few and are afraid to let this go because it would gap up.
These guys are fighting hard to keep this down. Every time someone hits the ask they just push by .05 with same number of shares. I am sure they are printing them. Any significant volume and they will have to scramble to cover.
Only change is L2 is NITE at .295 now instead of .29 (2500) - They are trying to keep control over CDEL.
L2 Ask
.29 2500 NITE
.30 5000 CDEL
.51 1000 CANT
.56 1000 CSTI
I wonder what is behind the 5000/CDEL?
I think it depends on who fills the order. If you place an order and your broker and corresponding mm fill the order on both ends then yes. But if it is filled by a different mm's share inventory they have to balance it out. I could be wrong but I believe this is how it works.
mm's sell you shares they don't own. They then buy the shares to cover the position. It works like a balance sheet. Credits have to match debits. The real problem comes in when they sell shares the don't have and don't cover. Or they buy shares they don't have and sell them and can't deliver.
Once this process is producing then major industries and corresponding companies will be stepping all over each other to get their hands on the technology. This includes defense, computer, medical, transportation etc.
The amazing thing in this article is that it has not factored in CTDT's new process. 29 billion is based on high priced synthetics. CTDT's process will make the use of synthetic diamond much more prevalent for current use while opening up the use in new markets and for new products.
I would just like to know where the shares are coming from. Is someone actually dumping 100K at this point? Is someone like the person doing the website selling his shares? Or are the mm's selling shares they don't own.
It will also help when they get the last of the filings updated. Chas has said they are close. Some invetors won't touch this until they are current.
Most of the short shares you see are due to MM's filling orders. If NITE does not own shares they can still fill an order. They can legally borrow/short shares. This is how they keep liquidity in the market. So the MM's are technically buying shares short a large part of the time. They have 3 days to purchase shares themselves to cover that position. That is the SEC rule. So a lot of the shorting each day is settled quickly and is simply a function of the MM's doing their jobs. The major issue we are facing right now with the MM's is that they are purchasing to fill orders then deliberately manipulating price back down so they can fill their short position at a lower price. They are also bid sitting at lower prices and trying to shake cheap share loose. When this happens they fill their orders first and push pps back up to again sell at a profit. This is the cycle we are seeing. Volume is still not high enough to really force their hand. As the company begins to build more awareness in the marketplace this will change. This is actually very good for us. The steady relentless climb coupled with low float is setting this up for long term success. As we hit new highs we will cross thresholds for different investment classes and groups. Some people never buy stocks under .20, others .50 or 1.00. Investment firms generally wont buy pinks. As volume increases along with pps CTDT will able to move up in the exchanges. Once they can go to NASDAQ or AMEX we will begin to see investment managers move in. Again think about the low float. If the company continues to hit milestones and brings Magnatek on line commercially the upward pressure will be enormous. At some point there will so much pressure that the company will have to consider a split just to keep liquidity on the stock. This company is a rare opportunity. Look at companies like Apple and Microsoft that started a new industry and started as penny stocks. People that bought low and held for 10 years were turned in to millionaires and billionaires. It is that slow steady climb from concept to product to market entry to market acceptance to market changing success that drove those prices and CTDT is in a position to function the exact same way. Other good news is I believe Chas fully understands this and that is where he plans on taking us.
Naval - I agree. Most of the shares that show as short purchases are settled within three days. I do want to continue to aggressively discourage shorting though. As the pps climbs and the stock moves from an idea to a reality it becomes more challenging to short effectively.
Yeah - I smile every time I look at the 8.00 figure. I have no doubt that in future years CTDT will be well beyond that figure.