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Was Kingman trying to buy shares?
I'm happy to see the return of liquidity....to see a sudden influx of what I believe to be new investors who are dropping $5,000 at a time for shares. Who ever it is that is continuing to try to suppress the price will eventually run out of shares to sell.
Where is the most recent quarterly report?
I believe we discussed this bizarre aspect of the pps.
To me it has the looks of stock manipulation. Is that a crime in the states?
100 mill = 7 cents. 300 = 21 cents. If it hits 45 mill I'm out of here
Huh. Canadian exchanges are different.
Exchange listing isn't dictated by pps, its by level of reporting, oversight and by how much your willing to pay to be listed on an exchange.
Could you be less cryptic
Well played.
Could you be more cryptic please.
What sort of news are you expecting?
If we are truly at a pivot point, then we now need a "compelling reason to buy".
Given the right "compelling reason to buy" we could see tremendous gains. I wonder which milestone could become that trigger point.
Is there anything in this stocks 6 month horizon that constitutes a potential trigger?
Anyone care to speculate?
The downward momentum seems to be abating. It seemed that (for a protracted period) someone was flushing shares down the toilet. A firmer (if less illiquid) base seems to be emerging. Maybe we are witnessing the pivot point.
Has anyone got a dollar value on that sale yet? Or a customer name?
I think its good news. Any ideas on the numbers involved?
Quantities? Dollar values? Margins?
Thanks, I try to ask every question that I see as pertinent, it keeps me from ever saying that I wish I had....
Because......the SEC complaint details events in 2004 and 2008. At that time, the average investor put up $500,000 to participate in a diversified hedge fund. Those people were already really rich.
As an automatic precaution some funds investors will file a suit as a stop gap to protect themselves.
So...none of the 30 or so parties who invested in Solaris are suing Rooney or Solaris?
As a newbie to this stock (and having scanned the SEC complaint)it seems to me that Rooney controls 60% of POSC through Solaris. That he aquired those shares (over years) for Solaris at prices that averaged between 10 and 15 cents a share. That he did so improperly and that he will eventually have to pay out lawsuits at a total cost of between 30 and 40 cents a share.
I am not criticizing or complaining. I am making a case for a benchmark price for this company, once all of the ducks have been put in a row.
Any input?
I just read the SEC complaint. Rooney is tenacious. He seems to have done everything possible to push this company over the finish line. The only problem I see is that if they settle the matter now, Mr. Rooney will end up on the outside looking in. Under the list of remedies that the SEC is seeking is the following:
G. Enter an Order, pursuant to Section 20(e) of the Securities Act [15 U.S.C. § 77t(e) and Section 21(d)(2) of the Exchange Act [15 U.S.C. § 78u(d)(2)], barring Rooney from serving as an officer or director of a public company;
To me, it would seem to be a bad thing if this SEC matter were resolved too early. The remedy would strip the company of its visionary leader before the winning goal was scored.
To: JJ Seabrook
Re: LOL Well, I guess we had no winners. Back to POSC. The odds are certainly better. SEC matter will be cleared up shortly so at least that will be put to rest.
To those of us who are outside of the matter, what is the outcome?
Which meeting would that be?
Don't see them on the exhibitors list?
Hey FWC, you should ask: .0001 for all your remaining shares. Do everyone a favor, get it over with today so you can move on. Negativity has a very detrimental effect on your overall health.
Oops, that's .0001 . Even funnier
Bid: .001 ask: .024 . Funny as hell. Keep up the good work to whoever is doing it.
Well, I'm here for the long ride home; from what I have seen in the past year I am sure this company could not have been assembled without a truly visionary entreprenneur at the helm. That's what it takes to build something of true value.
As well, very important pieces of a puzzle seem to be snapping together at an ever increasing rate. What was a blurry vision is rapidly becoming a crisp picture.
In the short term, I believe the biggest game changer for the stocks momentum will be who they reel in as a financial partner. If it's a blue chip name then it'll be onward and upward.
To all of those who were burn't by this stock and held on anyway......as an newcomer and outsider, I really believe that it's time to bury the hatchett. Turn off the negative spout and become a promoter again.
That May 2010 spike was a crazy pop in the price. Were you a shareholder at that time? Or did you buy on the spike?
What was the cause of the spike and the issue that brought it back to earth?
Alot of people I know would rather take their money to Vegas than buy a penny stock. I prefer the penny stock because it generally gives me a longer term joy ride than a slot machine (though returns are roughly the same).
I keep buying penny stocks because in 1999 I bought one that went from .25 to 23.70. That pays for alot of losses.
POSC (to me) seems like a safer harbor than many of the stocks I hold. My dollar cost average is .01217. And as a bonus, it's entertaining to watch the tug of war between the longs and the shorts on this message board.
Yes, having reviewed the historical prices I can understand why a few people might have a grudge against this stock
So Jackstraw....you never did tell us who POSC met with in Russia.
And this article seems to accurately reflect the general Canadian sentiment towards a nuclear future. It is relevant in that it speaks to the possibility of Canada changing its position.
http://english.hani.co.kr/arti/english_edition/e_international/561458.html
This article discusses the fact that Chalk River supplies 40% of world demand, that it is being decommissioned in 2016, and that Canada has decided not to allow construction of relacement reactors.
http://www.ottawacitizen.com/touch/story.html?id=7218211
For the nit-pickers on this board, yes I know Rooney is both CEO and Chair.
Once they get to the point of crossing their last few 't's and dotting their last few 'i's, then I believe Mr. Rooney will step down as CEO.
Though it is his vision and drive that will have carried this company over the finish line, I believe him to be wise enough to recognize the benefits that the image of a shiny, new superstar CEO will have on the companies perception in the marketplace.
Agreed. When I first came across this stock I was attracted to it because of Chalk River.
I own several businesses and am familiar with what happens when an outside party is preparing to invest. They give you a shit-list of things that have to happen before they turn the money taps on. The things that have been happening in this company recently appear to be coming directly from a shit list. The DTC issue is simply a reflection of the bad management practices that seem to have plagued this company in the past. I don't believe such issues will be a part of the future.
If you see a notice that the CEO has stepped aside to be Chair of the Board then you'll know it's time to re-mortgage your house and fill your boots with this stock.
Truthfully, in the year or so that I've held this stock I've seen more odd-ball trades than I have seen in all other stocks (combined) that I have held over the years.
It almost seems as if someone loaded up early at high prices, lost a truck load of money without liquidating, and now they are using their shares as instruments of spite and revenge.
Just a theory. Looks silly when I read it but I can't reasonably explain otherwise.
It's why I chuckle when I see 72,727 shares trade at .072. Then I read your comment. It almost appears as if one person flipped the buy and sell between their own brokerage accounts as a joke (and to continue to suppress the price).
72,727 shares at .072...funny
You people are funny. I think I'll visit this site daily from now on.
More drama than a soap opera.
Keep up the good yak
5 years at Eli Lilly and 5 at Covidien, rising rapidly at each company. Resume is tailor made for what ails POSC
Please excuse my flippant expression. He had a high placed position that would command a high 6 figure income.
My point being that given the current economy it is not the sort of job a person would walk away from without serious consideration.
You are obviously very bitter about this stock. You must feel as if you were burnt. Sadly most people will ignore everything you say because its always the same. Maybe if you shared your personal story of pain we might listen.
Personally, I bought on hype at .016, then some more at .01, then some more at .009. I was becoming bitter until recent events. The new COO is not an idiot. He would not have given up a million dollar job to go into a high risk venture without first doing tremendous due diligence. That and the fact that the CEO went out and borrowed a million plus to secure more share options.
If a SEC investigation was enough to shut a company down then many of wall streets biggest named companies would close.
Lastly, TD ameritrade may be dis-allowing trades, but (here in Canada) TD waterhouse isn't. That tells me it is a technical issue, and not something that rises to the level of the hi-jinx that you are suggesting.