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You can say that again!!!! My only green stock today was a China reverse merger with losses reported last week!
LOL
I am just waiting for the next bottom to buy more here. I really believe this group has some block busters in the pipeline.
Overseas markets are down 7-9% already. Not looking good for tomorrow, but if we get a huge gap down at the open due to crashed futures (and maybe more selling after that) it maybe be the bottom for a HUGE panic short covering rally.
LOL. Nice try, this one already bottomed on Friday, at about $1.80.
Unfortunately that report says they once owned over 5%, and now own less than 5%, so they sold some since the last report.
Maybethistime, In reply to your earlier post:
Only 2 of my stocks closed green today, on a record-book down day for the markets (top 10 all time status), where 98 out of 100 stocks closed in the red. And it was an ABAT competitor that reported another quarterly loss last week, CBAK, that closed green today (even I was surprised). Both of these stocks (and about half of my longs) failed to make new 1-3 month lows today, while higher quality stocks I also own like AA, FBC, CRBC, CYTR got slammed again, to new 2011, or 52 week lows. C and BAC got murdered down over 17% at one point today. AA was down 11% more today, already down about 33% in just 3 weeks or so. Right now, nothing is safe, but I suspect stocks like ABAT and CBAK already bottomed (as they have held up better in this sell off, maybe because the buyers of ABAT recently were falling knife buyers with stronger hands?), and they will make a hard run back up when the panic rally and panic short covering starts, which might be right after a nasty gap open down tomorrow. So I am still long here. Most of my junk penny stocks and China stocks way outperformed my blue chip and bank stocks today, telling me they already bottomed, some 1-3 weeks ago.
Any real estate bubble in China (which I do not buy), if it busted, would just drive people to buy more low cost, fuel efficient transports, hybrid-ebikes, instead of Hummers.... IMHO.
I am sticking with this one. Same for MNLU and AEXP(as you already know), but then again, as I think you know, I am more of long term view stock buyer than maybe you are.
New SEC filing says Blackrock now owns 11% of the Common shares of ANX!!! Guess who was buying the dip folks!!! BlackRock!!!!
http://secwatch.com/anx/sc%2013g/schedule-filed-to-report-acqui/2011/8/8/8961704/filing
This sucker is about to leave for lunar orbit and leave the market crash in the dust. Looks like Blackrock and a dozen institutions and MFunds have been buying and adding shares the last 2 quarters (data from Broker Fidelity). And it looks like BR added 20% more shares to reach 2.9 million
They have about $1.70 per share in cash, so low risk on the down side!!!
I may be adding here this week!
I will agree that is the only news coming from you!
Time for some MNLU comic relief before the panic starts on Monday!
I never thought I would see last weeks prices in this stock again. I thought shares under $9 were history now, but IIRC it dipped down to just inder $7 at the peak of the crash Thursday. Somebody got a steal down there!
Fear rules it seems for now.
TTEG was just about the only bright spot in my long positions last week.
I have been looking into that sort of problem for 2 years. Best I can tell, is your bid needs to be for 5000 shares or more, with no restrictions at all except the bid price, other wise the MMs can ignore your bid and buy the cheaper shares for them selves at prices below your bid (especially for orders that are sell at market orders). If the ask gets down to your bid, with out a fill, it is possible older bids at your bid price were filled first. If the ask goes under your bid, with out a fill, it may be a low volume issue. If the ask goes below your unrestricted bid (where the only limit is the bid price) and the volume is there, then you have a gripe that your broker will investigate if your order was by passed and not filled.
Personally I fear the markets are going to crash on the S&P downgrade news of US TReasuries to AA.
Hope I am wrong, and they buy the news.
I try not to make too much of the spread between AEXP and MNLU.
Indians are getting restless I see.
We should get some indication of what will happen Monday by watching the overseas markets and futures tonight.
http://www.forexpros.com/indices/indices-futures
I am afraid the markets are going to flash crash. Hope I am wrong. I am going to stay long anyway, can not afford to sell here. One thing is for sure, we can expect huge volatility for a while now.
So far the recent pull back has the markets in a serious correction, but it is close to turning into a bear market here.
The problem in Europe is getting very serious (Italy is to big to fail or bail out, with out taking Germany with it), and now the US AAA downgrade, and fears of recession. Only hope I see is that it looks like many of my stocks, like AEXP and MNLU, bottomed over a month ago, and have refused to make new lows, while blue chips have made new 52 week lows last week! My worst stock holding the last 2-3 weeks was AA of all things! Down from $18 to just under $12 at last weeks low. And it pays a dividend!
In a normal stock market, that news would have sent this stock to an easy double or triple from this price level!
Hard to say. If we had not had such a market wide, world wide market ROUT this week, I doubt 40 cents would have ever been breached. Panic mixed with cheating computer HFT algo's is hard to read. I can't help but wonder if the FED is behind this rout with others to drive the price of oil down fast enough to buy the economy time to re-grow. I am still long. I added at a little over .40 during the first dump in CYTR, but too little cash right now to add here. Holding what little cash I have now in case this is a real crash, but I am not selling either!!
But IF, I was all in cash I would have been buying CYTR and many other stocks today, as the morning bottom really looked like a capitulation bottom.
AA lost another 9% today, Oil lost another $5. VIX was up 25% today!!! China is down 4% right now, but US Futures are barely down, so we may get a bounce tomorrow? Japan and Germany are trying to stay green tonight
http://www.forexpros.com/indices/indices-futures
Seatbelts? Today it was parachutes everyone needed!
I must admit, I have thought of similar conspiracy plots that make sense. I figure ABAT has the best shot at making a profit in the business as anyone else. If ABAT can not make a profit nested in China with zero debt, and the lowest costs for making state of the art Li-polymer & Li-cobalt Ion batteries, then what chance do the others have. In which case it would be time to short the entire battery sector. And ABAT has already managed to vertically integrate into the E-vehicle markets.
This version of EW has a different count, saying today may be the time to buy the markets:
http://waveprinciple.blogspot.com/the
MNLU as of the last PR, has no existing lines of credit. We got word about 4 weeks ago they were negotiating a senior secured line of credit somewhere, and that closing that deal was the current and only hold up on completing the well.
Reminder of recent news:
What about the front of the envelope estimates?
LOL,
LMAO! Good one!
They may not have enough money left to pay an accountant to put the report together and file it after they pay the CEO?
Of course if they do file it, it will be interesting to see what happens when the loss per share exceeds the current stock price?
I am helping, I am not selling! LMAO, at least not until we hit $1
More back up of the TTEG claim, that making H2 from methanol is cheaper than using water, but this is NASA using electrolysis, not steam reforming.
http://www.techbriefs.com/content/view/1828/34/
http://www.techbriefs.com/content/view/1828/32/
Earnings details:
How about some hard core data from third parties!
http://www.worldparkingsymposium.ca/parking-library/download/20/00000020_d010009wx.pdf
I just ran across this looking for something else:
http://www.wvcoal.com/201103302740/Research-Development/more-iceland-co2-h2o-diesel-fuel-methanol-a-gasoline.html
0.02/share was the all time volume dump, one time dump low price, last year, about 18 months ago IIRC. It was the day I bought my first share lot of MVTG. I still own them too!
We hit .21/share about 8 -9 months later.
Anyone else seen this?
http://tysonfoodsnews.info/2011/07/29/mantra-venture-group-ltd-otcbb-mvtg-%E2%80%93-erc%E2%80%99s-target-market-identified-by-mantra-venture/
Someone just sold 200,000 shares at .05
I think that is pretty safe bet now!
Perfect storm for a perfect bottom. Stock was already testing support lows, market sold off, and it broke under those lows, Washington continued their BS Debt ceiling game, and then CYTR announced plans to sell some shares and raise cash they expect to need for phase 3 trials in a year, raising the cash at .52 share (so they said in the fee calculation), so some people panicked and sold and we bottomed hard at .40x/share, which is very likely to hold. Now MMs and daytraders are playing a tight range above .40 while the market collapses further.
I do not see 30's much less 20's. This company has far more, and a better quality and more developed stage pipeline than it did in early 2009, when it bottomed near this price, in the 30's. And the dilution is not going to be that large. This stock was near $2 last year with the same OS we have today, for about a 750% gain.
Lol, and on huge volume too, an entire 100 share sell!
Oh, and it works out to .0026, LOL
I don't think the registration is effective yet, is it? Therefore no share dump yet.
Or they may be planning to sell slowly, or on rally days. Important thought is, intent to sell, they have finally given up on COIN. They really got burned by these guys!!!!
CYTR has not sold any new shares since 2007 to my knowledge. They had multiple profitable quarters the last 3 years, and have had profitable JV deals in the past, and bought RXII for chump change during the crash in 2008, and sold it off a little a time for huge gains, and sold a shelved project to ANX recently, for what could turn into a profit that exceeds the current market cap by 200%. CYTR management knows what they are doing! The stock is a steal at this price for the long haul. One (or two?) of their current cancer drug trials cured several incurable patients in nearly dead patient trial cases just the last 12 months alone, trials of patients the doctors had written off already, and they since been declared cured and cancer free.
One of these days will wake up to news of a billion dollar deal with one of the big drug companies.
If the markets themselves do not cripple the rally attempt here, we could see .30/share get taken out quickly with this kind of news coming out.
Been a late night for me, and it is already morning, so I will make this brief.
I am told the Hydrogen generator uses steam reforming of methanol at about 300 C to make mostly H2, and some CO2 and O2 using cheap 70% methanol and 30% water to make about 72% H2 (hydrogen), with some byproduct O2, CO, and CO2, I gather. It is patented, I am told.
The key is they are using a cheap, low grade, low BTU value methanol fuel to make a high grade high BTU value, higher combustion temperature, cleaner burning fuel, namely hydrogen.
TTEG is convinced there is a huge current market for this alone, and a huge coupled process potential for integrating it into the TTEG engine package to make essentially engines that run on hydrogen made from cheap, low quality (lots of water in it still), liquid methanol of only 70% methanol, 30% water. The 70/30 formula is perfect it seems for the steam reforming process, it is cheap, and safer than storing high pressure bulk hydrogen. The hydrogen generator lets you store small bulk quantities of less dangerous liquid fuel (70/30 methanol/water), and make just enough hydrogen to feed a point of use need, as needed. So there is no need to chill, refrigerate or compress the hydrogen!!
So the first question for us (DD), is how big is the market potential for small safe reactors that can make safe on site hydrogen from cheap low cost methanol, and how easy will it be to tap that market (what are the barriers if any to the market). What is the market price of hydrogen and methanol in various parts of the world.
Lastly, I did not hear any unpleasant surprises during our long discussion, just what I already knew, thought I knew, and suspected. All the China deals seem to still be on track (non have been totally derailed, so that was good to hear), they just take a lot of time, and are evolving like the hydrogen generator deal evolved.
Oh, and for what it is worth, Iceland has a huge new plant that was just started up that is using geothermal energy (electric) and electrolysis to make methanol out of CO2 and H2, for their vehicle fleets to use as fuel. A similar but reverse process based on the feeds and end products! But Iceland is a special case, as they have no underground natural gas or hydrocarbons. They import them all, but they do have geothermal power, electric.
Iceland is using the electricity from geothermal power plants to make hydrogen and them reforming methanol from CO2 and H2, hydrogen, to enable an immediate hydrogen economy using methanol as the hydrogen carrier in their vehicles.