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Everybody has their own take on PPS movement but when it trades at .0144 and then a heap of sales go through at .0130 there is not logic however you dress it up. Who is that keen to sell? Not loving the games but IMO only a hurdle on the way up.
That is very true always use your own judgement never take investment advice from anyone else, i believe emotion was the thing you were trying to create in others. More transparent than a pane of glass, but its not personal its the OTC its about making money right we all have our own methods, as long as people use their own judgement there is room for everybody even people who make themselves out to be devious and misleading just to make a buck.
GLTU .
I hear you on that, the OTC, usually i do not play too much here for that very reason but CDNL seems worth sticking around with, even through the troughs and peaks. More of those to come i am sure but the real peak will be worth the wait JMHO
GLTU
Dude you seriously must have a split persona, 24 hours. How can you be taken seriously? Too funny
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123061482
I concur, things seem to be falling in to place nicely despite the PPS not showing as such, that will follow in due course as this will not be ignored for ever and sooner or later buying pressure will return. Very happy to see the last of the dilutive finance being taken out. Really was a great 8k and surprised market reaction was not stronger, how many OTCs clear their debt.
Hopefully the milestones will continue to be met and 2016 really should be a turnaround year for CDNL, so rare to find this kind of business on the OTC, with real potential and following through on its goals not just blowing smoke. Happy to be holding.
GLTA
In most parts of the world May 3rd is written 3/5/2016, the US its 5/3/2016. the dates are the same
I would counter that with 2 points
firstly the problem is people only it would appear want to buy on the dips at the moment so there is no support for the PPS. They are also more likely to want to flip and repeat the exercise if they are loading on the dips JMHO.
Secondly not everyone has an unlimited supply of cash to keep loading and there is a point when you say i have enough thanks.
I still keep the faith here, these movements will continue until more substantive proof of progress is released, today was bad but it would seem a Market order likely helped the carnage as it dropped so fast. I am not complaining about the PPS just disappointed their is such little support/strength currently. Mood seems split at moment positive/negative tomorrow will need to see some support IMO.
That is one reason and obviously the longer it is delayed the worse the public perception, No doubt some sellers here but also some shenanigans, i mean why so much selling down here when it could sold higher, it was just climbing up and suddenly some sellers under the ask appear?, looks like a concerted effort to lower the price or mas panic is setting in. Crazy price drop on such a low share count
Agreed
How many shares do you need to own? i hold enough for me. I am not rich or have endless resources, if anything i have put more than i should in to this particular stock as i do believe. My point is others remain to be convinced hence no one is snapping this up on an ask of .013 most believers have loaded already. Plainly down 16% on such a small volume is not a true representation of the strength in depth but it needs new blood or it will not move upwards regardless of whether i buy a few more hundred thousand or not.
I remain upbeat i am just pointing out the weakness of buying right now. Documented evidence of revenue and the 2nd installment of the 1st tranche on top of the financials and it will attract a few buyers i am sure.
Very disappointed to see CDNL trade back down below .013, volume is light but there is no real interest in buying even down at these prices, you would think these would be snapped up based on the crap which trades higher than CDNL in OTC land and the potential we have going forward. Patience is being tested for sure, 1% of O/S traded but down 16%.
Plainly those that believe are already in but plenty remain to be convinced so no new buyers of note as yet. Hopefully June will be fruitful, the delay with the financials regardless of the relevance to current position are apparently having an effect and as much as i support the progress made this year they really need to get up to date in that department, yes we have the CFO but we need the filings out, yes if we can get them all out at once awesome but the fact it was originally slated that we would file by April 11th has IMO hurt the confidence somewhat.
GLTA
I am just calling it as i see it, was pumped for days but its basically a turd that is looking for bagholders. Today almost every post is negative and its dropping faster than a whores draws. Typical OTC hype where a few make green and the rest not so much.
At least you got out pain free
GLTU
Remember this guy just yesterday
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123034682
Do be sorry we all have at the beginning, everyone even an expert like the many on here, the OTC is for fun only not serious investing its far too bipolar. So much BS and plain highway robbery down here. Everyone claims to buy at the bottom and sell at the top its funny to read.
Its like a bunch of hyenas on a carcass, i trade very lightly down here and its mainly entertainment . How is that RSI working for you? RCPI is what it is, a penny stock play thing run in to the ground by incompetent management and with a considerably larger share count, the moment they delisted was the death knell for it.
GLTU
Typical penny play IMO, gets talked up to high heaven by the heads that it will fly, fools jump in and it climbs, the heads/players and MM sell whilst maintaining the pump and down it falls as it gets now badmouthed until they all repeat the pump at a suitable point. The BS spoken on this board is hilarious.
Trading 101 never invest because someone else tells you too. Most people will likley be doing the exact opposite of what they are telling everyone else to do. Only so much honey in the pot.Almost 50 million shares traded today will be pretty much back where it started the day. RCPI has a history of complete failure, nothing has changed to make it any different the same management team are running the show and they are worse than useless. If you must trade RCPI, plan your trade and trade your plan or nothing to be made here if you hold JMHO but do not listen to me do your own DD.
Totally predictable you mean.
OTC is a manipulators playground always has been and likely always will be, this stock is no different to hundreds every year that get played. Do not kid yourself that Finra/SEC will act, last time maxim was done for naked shorting it got a $5k fine i am sure they were quaking in their boots LOL.
I hold a small postion but treat it for what it is, a lottery ticket. Its been "going up" for the last week according to the talking heads, and i for one am not seeing it whatever the RSI is saying the PPS is not listening.
Oh wow FINRA comes down hard on rule breakers LOL. This crap goes on day in /day out in OTC land. $5k fine for naked shorting scary ha ha ha, that is why its so wide spread there is no deterrent. When looking crap like RCPI look no further than the management team. they have run this thing in to the ground over years of mismanagement and reverse splits making it a shorters dream.
Most recently, on August 4, 2014, Maxim Group, LLC was fined $5,000 for effecting short sales in securities for its own account without borrowing the security as required by SEC Rules.
This really is just a lottery ticket right now IMO, for sure some making good coin flipping , rinsing and repeating , RSI is being overplayed here IMO chart shows its been well oversold for the last month and still we are here in the crap. As always do not listen to the loudest voices just because they beg for your attention, as usual they are likley doing the opposite of what they say. Do your own DD and trust your own opinion before others. IMHO this not an investment but a gamble
GLTA
This is nothing more than a .015 lottery ticket, pays your money and takes your chances.
Your concern is heart warming.That is the beauty of the market you see one thing others see another. Again the points you raised have been documented on an 8k filing and are not just a paid pump. Time will tell if the milestones will be met or not investing is not a science and is not guaranteed.
main rule of trading is this never make an investment decision because others tell you too ignore tips,talking heads and others who may have a vested interest in a certain stock position. Do your own homework and THINK for yourself.
One small flaw in your theory, there is no pump, if anything this needs more exposure to new blood.
When you watch these thing for many years you see a pump and dump when its happening, it involves massive exposure, paid press, bogus PRs with no 8Ks and a CEO who is invisible and non communicative and no market or product . All pretty much the opposite of what we see here.
CEO only has 43 million shares so its not in his interest to succeed LOL, much better to fool everybody for pennies LOL You see the weakness of your argument
Always only invest what you can afford to, that is trading 101.
GLTU
For me its not so much who is selling its that no one is buying, great news again today but its to the inner circle who are already in big and not buying much anymore. Need to spread the word plan and simple as good as the news may be if its not heard anywhere else but here it will not help the PPS.
GLTA
Only one way to stop this and that is to hit the ask otherwise it will continue, and in fact get worse as the bids slip even lower i am out of funds for now so i cannot help today, comically low volume of only one million shares to bring it down 10%.
Not easy to do but you have to ignore the obvious attempts of the few to panic the masses, there has been less volume in the 4 days since Thursday than a normal trading day previous to that and it drops over 30%, manipulation pure and simple i am scratching my head as to why this is back below a penny and a half to be honest.
Its a test right now, do not blink and give up your shares too cheaply
GLTA
Do not get sad LOL, i am sure you will have the last laugh here by remaining long.
I am a Dinosaur as well and really flipping is not my trading style , used to when i was younger, but you have to BS when you flip and i like to look myself in the mirror nowadays, ha ha, now i like to do loads of DD and settle of a few for the longer term, CDNL is my main long at the moment and will remain so as unless they drop the ball i cannot see not making good money here.
GLTU
Agreed, but most OTC plays that is only way to play them as they have no substance only MOMO, no buyers on the ask that is the real problem and of course we still have people who want in at the bottom hence the low bids, just over 0.5% of the O/S traded and down 11%.
CDNL has always been an enigma, so much potential and if most other OTC plays got a cash injection, JV partner and Multi million $ contracts as well as wiping out debt they would take off like a scalded cat. This has to fight all the way even though it is obviously making big strides.
I just do not get the mentality of people selling in to the bid for something that should already be trading higher that it is, but as the volumes are so low it really is not a big concern for me as its a temporary issue IMO.
As long as we continue to progress with the JV milestones its golden and anyone selling here will regret it big style, well that is what my heart as well as my head says with the JV milestones LOL.
GLTA
Its .011 its not Apple, pays your money and takes your chances, stocks contrary to your beliefs are gambling when down in the OTC crap hole stocks can and are manipulated every single day both directions, you do not like the odds you do not play, the odds on this are not high hence its now .011. the ify looking $1.2 billion financing has been kicked to death and has been used rightly or wrongly to get us where we are today. The management of DNRG has been poor and their complete lack of transparency and follow up has also contributed to the PPS decline.
I will be negative when i see negativity but announcing a new finance team is not an immediate negative considering the the previous ones performance. He was most definitely not the superstar made out to be and his performance was poor IMO.
The stock has performed terribly and sentiment is on the negative side for good reason. But lets not make this release out to be some big disaster or major negative, at least let the guy hang himself before dissing him.
I am neither a bull or a bear on DNRG i see merit in both sides of the argument though i would say the overriding negative sentiment is well deserved based on performance and communication alone.
GLTA
Every one should always do there own DD and the notes are not hidden anywhere obscure . Most OTC plays have a dilution element to survive until conventional finance becomes available. the June note is the only one of concern right now so mentioning 2017 is moot right now for several reasons IMO
My point is this guy may actually get some finance that is not toxic, but only time will tell and lets give give him a chance before putting the knife in , this is not a play to have a huge position in until something changes full stop.
Time will tell if its news or not based on the guys performance, cannot be worse than Fresh IMO. He must see some potential or why get involved? having his contact list in Africa can only be a positive.
I am no fan of the management here, but i am not going to put a negative slant on something that is not proven to be a negative. people bring up notes due in 2017 are getting a little ahead of themselves and being overly negative IMO. yes the stock is has performed like a turd we all know that, lets just wait and see if this improves the situation or makes it worse before slagging it off.
I do not see this as the bad news people are trying to make it out to be. Eric Fresh did not exactly set the world on fire and this guy has the profile required IMO. I am very critical of DNRG management and their performance but this is not bad news to me, it shows the old approach did not work and a new method was required, can hardly be any worse.
If it was that easy to pick stocks we would all be retired already, not many stocks trade at a value you think it should LOL
Just checked in today and i agree, this will churn for a while until another progress update or PR. Most who want in are in and it now needs new blood to want in,no real buyers or sellers hence volume is down to less than 25% of 10 daily average as the Momo players look for the next big thing, posts way down as well.
I am not going to watch this daily right now as there seems little likelihood of a major move either direction without another catalyst. It is a long term hold for me and i feel it will take time for the PPS to reflect this, as the milestones are met the PPS will follow. Next couple of months should be interesting as the Camwater project should begin to take off either by Exim or Chinese backing.
Patience definitely required on this one, i feel its a peach, just got to wait for it to ripen and it will then be sweet. JMHO
Enough on this subject for while i think, underlined some pertinent information
Lots of numbers getting bounced around. The share buyback is not set in stone as to the number or value as far as i am aware they will buy as when nothing 100% confirmed in advance regarding definite totals.
I would like to think and i am pretty sure most people on this board were fully aware of the 51% for $7.5 million etc, its the main point on the SPA. Does it really matter whether the OS is 900 million or 999 million after the 2nd tranche with the company continuing to move forward and the R/S to come. IMO not really i would be concerned if there was dilution to pay notes and the PPS was dropping but we are on a upward curve and the PPS will rise, you should have factored in the SPA share count to your mental price target anyway.
Not sure why people are so concerned about perhaps 10% of the shares after the 2nd tranche, when as far as i can see we are all being kept in the loop and the company is in far better shape than it has been ever. I mean No convertible debt,money from the JV, contracts ongoing and new with the real likelihood of substantial new business in Asia. A partner with deep pockets and contacts. A decent profit margin on the product, a product with a large potential market ,potential future uplisting and the rewards that should bring. The list goes on.
Not a huge fan of bamboozling people with numbers and although some way off some food for thought, just think about the future PPE ( not factoring in a R/S) if we say had sales of $100 million and a profit of $35 million at PPE x1 that would be PPS of .035 on a billion shares. Now Netflix has a PPE x 309 ( crazy right), Apple is PPE x10 ,GE PPEx31, smaller companies like Ocean rig as bad as drilling is right now still has PPE x4 never mind all the biomedical companies that have never made a bean and priced in the $100s of millions. My point is there is still a lot of room for this to be profitable for all of us even at billion shares prior to R/S, just need to keep passing those milestones and i think we are golden. EOM
GLTA
That is why you should always do your own DD and investigate the financials, i was aware of the notes in the company but i was on vacation in January when the dilution started so i got toasted. Felt like crap and was ready to bail but i hung in there because i really did believe in the company and knew if the JV went through it would still work out well. Even bought a few more during the dilution so i hold a decent position now and i continue to add small batches when i can as the PPS rises as that is my trading style, if IMO value stops i will not buy.
Although the numbers seem large, so is the potential, look around and see if you can find many OTC stocks this price share count and all that offer the potential.
Welcome to CDNL and holding IMHO is a shrewd move and should prove to be beneficial to you. But that is just my opinion.
Off to enjoy the weekend
Good luck to you
You must have realized this surely , its been public knowledge for months, it really is not as bad as the headline numbers appear, and it really affects nothing because most if not all people investing here would/should be aware of this already through the amount of DD out there already.
First people were trying to hype it up by saying Chinese were paying 10c a share to tempt in buyers and now its the 51% and extra shares and its a problem. Nothing has changed they are paying $7.5 million for a 51% stake in the JV common shares, which in reality due to the special shares KJ will continue to hold means overall control of the company will be retained by KJ. IMHO the 51% is just to satisfy Chinese government rules for JVs with foreign companies and is more for appearances sake. KJ is not going to give up his baby but he realizes the future and lots of advantages lies in partnership.
The share count came right in where we all thought so no alarms there, the CEO continues to buy on the open market, the PPS is right where it should be and as things progress it will follow right behind. Lots of strong holders here so overtime the float will reduce and interest will rise, a good recipe for PPS increase. Contracts and revenue increasing and 2016 should be the defining year for CDNL
IMHO anyone holding a decent position here should be very happy with the last few weeks, Things seem to have finally turned around and i see the Chinese, 51% and all as a huge positive the Chinese market is potentially huge and you will not break that without the JV.
JMHO
GLTA
That would be nice, but as you can see by the way it trades right now it looks a tad optimistic at the moment. Enjoy your weekend
I must of missed something, the 8k is just saying they borrowed more money off Sillerman to keep the lights on and he has a hold over everything but the fantasy sports subsidiary. We will see but i am not having the same warm fuzzy feeling you are, GLTU