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.
Ding,Ding,Ding, Ding! We have a winner, somebody finally gets it!
Odd, Ihub shows no volume today, but Fidelity shows 25,000 shares bought at .07, high / low of day .07
Wow, $1 already. I did not buy nearly enough of these shares! What a difference not having MMs makes on an already beat up stock!
Note to self: when you buy the bottom, BUY IT, screw nibbling at it! LOL I should have bought more shares at the bottom!
Don't wait too long, it is already on the move!!!
It could close just under $2 today.
Europe depends on Libyan oil, NATO (Europe) asked for our help.
Looks like the market has vindicated my call to buy ABAT recently!!!
GO ABAT!!!
Up another 200% today!!! GO MHAND!!!! Somebody just slapped the asked at .51/share, equal to .0102/share pre R/S!
We closed up 70% yesterday, still way too cheap, current bid is higher than the close and high of yesterday, and great news out this morning:
"i would agree with you only if i didn't see this happening across the board in the china sector. many company's are in the same boat."
That is a very good point, and part of the reason I am long on several of these stocks, but timing, and buying the bottom fear peak is the part of the game with these right now. I already weathered the storm on one of the first ones that got drug through this meat grinder 2 years ago (CGYV), and it made a 500% gain off the bottom when all the financials were finally redone and reported, and it turned out the final numbers did not really change much. It took Deloitte over 18 months to redo 2 years of old reports (they insisted on redoing them first!!!) plus the new report they were originally hired to do.
Some of the debt holders are getting 97.5% of the total common stock (new shares, thus massive dilution) shortly, when the refinancing is completed, and we do not yet know how much debt will left, and how much is being converted into new shares, but once it is done, current share holders will only have 2.5% of the outstanding shares. That is a 40:1 dilution ratio. My guess is they will do a R/S after that to push the stock price up to a 20 or $30/share price range after that.
Way too much big money has been and is being tossed into this company for BK to be in its near future. I do not see a BK risk here, but I do see further dilution risk if they do not reduce the size of the losses (or break even) by year end or early next year.
Things are moving pretty fast here now, so I would not wait for 30 cent shares as you may never get them, and you may miss the boat. This could spike to .50 any time now, and then trade for a little bit between .40 and .50 (assuming no news). News could push it $1 very fast!!! If you have no shares yet, I would decide how much you are will to risk (# of $$s), then take about 10% of that and place a buy order for both (10% each), at the 2-3 day low, (right now about .08 for AEXP, and about .34-.35 I think for MNLU), and hope there is down day sell off before it takes off.
With a little luck you might get some shares of at least one on the volatility the first day. But if it gaps up at the open above .10 and .40 tomorrow, or we get good news, then .10 and .40 may be the lowest it goes on the next run!
If YRCW gets back to break even, or even close, they could turn into a take over target, but then the question is will stock holders see any gain in a such a deal. I see no chance of a take over, until the refinancing is completed. And the refinancing is likely to leave existing stock holders with stock shares valued at about .25/share, but that is just a guess based on the lack of details we have been given on the refinancing terms.
I also expect a possible R/S after the refinancing deal is completed. On that basis I am on the sidelines at today's price.
Any stock can be shorted. The only effect the price has on shorting, is the required margin (varies at different price levels). You must have the cash, liquid share assets, and credit and margin account to short. ABAT was shorted at $4, and most shorts have not yet covered their bets.
I will not take much for it to bust out to .50, at which point the 30s may be long gone, as it would then trade from 40 to 50, unless early news ran it to $1.
Competitor to CABN, news update:
http://www.carbonrecycling.is/index.php?option=com_content&view=article&id=6&Itemid=19&lang=en
http://www.carbonrecycling.is/index.php?option=com_content&view=article&id=14&Itemid=8&lang=en
They should have, or should be firing up the commercial plant based on the last news.
That should be an easy target to reach! I agree.
We have broken out, up over $8 now. A very good bullish sign!
What is a "stop loss" ???
LOL
Only stop loss I know of in penny land is stop to buying shares, LOL.
More good news for NG and LNG!!!
http://news.ino.com/headlines/?newsid=6897973857369711
Yes they are indeed. They never let me have the .05s, but I did get some sixes thanks to that seller.
MM(s) is(are) playing their games here for now. Bypassing higher bids to fill their own orders at lower prices.
They have passed me over several times now. I don't have enough cash handy to buy 5000 shares at .15, so my bid is not showing, but it is there and they passed it up.
If I had the spare cash today, I would have already grabbed all .20 shares.
Just raise your offer to 20 cents, and buy all you want!
Interesting bit of news here. See the end of the article about new state law to permit electric charging stations at retail locations for E-cars.
http://www.cngnow.com/EN-US/NewsAndEvents/Pages/State-Goes-for-Green-Will-Convert-Fleet-to-Natural-Gas-Propane.aspx
I think the fair value is closer to 50 cents right now, and about $5 after the Lafarge Pilot plant is running.
News, good news:
That must be why it traded a whopping $60 worth of shares at .04, tripped a massive sell off of stop loss orders of $0.00, and then rallied back to .07/share on even more massive volume (100 shares?)
NEWS!!!!!!
This could help and hurt us at the same time. Will force them to look for better more cost effective alternatives, good for us, but also indicates that the current political will to address the problem is waning (not good).
Who resigned? One of the founding directors was an Ex EPA regional director.
Heads up folks, AEXP is selling at a premium to MNLU today at .088, and hit a high of .12 today!!! That is equal to .48/share for MNLU!!! And it has volume with it!!! Nearly 100000 shares already!
All on a nasty market wide sell off day!!!
Heads up folks, AEXP is selling at a premium to MNLU today at .088, and hit a high of .12 today!!! That is equal to .48/share for MNLU!!! And it has volume with it!!! Nearly 100000 shares already!
All on a nasty market wide sell off day!!!
If MNLU was going to dilute, they would have done it in Feb when the stock was over $1/share, not now. Also they will not dilute while the merger is pending, creates too many problems for the merger!!!
ABAT seems to be headed the wrong way, moving up not down, on a market wide panic sell of day?
I Think shorts are screwed here now!
LOL
Eco is LONG ABAT, and lovin it!
When the PR lists cash dollar amounts for hard contracted business, then we will know it is not fluff. When it dodges the question of how many dollars in new sales, revenue and profits it amounts to, rest assured it is fluff with this outfit. I have watched them play this game blow by blow for 3 years. They like to release open ended news and get peoples hopes up, instead of releasing all the facts.
They just made a fluff PR out of one licensee being replaced by another, not a new sale, which begs the question of what happened to the initial licensee, which they do not bother to tell us?
He did not dig very deep into ABAT. They were strictly a li-ion battery manufacturer until they bought a floundering e-bike vehicle customer that owed them a lot of money about 2 years ago now, and then they turned the E-vehicle company around with fresh cash, no debt.....
I stayed with them for 3 years, in spite of many early warning signs because I liked the business plan and tech. But management has screwed up at every turn. Only reason the doors were not closed with BK before is they have pulled the "Oh look at the cut new kitty" trick successfully 3 times now (Terra merger was the most recent one done in the middle of a non-court BK divestiture of the failed NJ plant (the original business), and they had bankster help with huge share dilution loans to help perpetrate the fraud, and pay the fat cat executive salaries while they lost more and more investor money.
I do not believe they will find the loans and cash needed to avoid BK again. I expect them to go BK in 6-12 months, or sell another 300 million shares at .05 while they still can, and then file BK.
Sales would need to increase 1000% in 3 months to keep the ship afloat at the current cash burn rate.
There is no sign that the executives have the right stuff to turn this beast around! They have pulled off the hail mary pass save three times, but each time was at the huge expense of stock holders, investors, and they have not been able to stop the bleed rate. In fact they added to the bleed rate when they merged with Terra by added zero Terra new sales and another 1-2 million dollar per year drain to the budget (nearly 1 million was added to the COIN budgest for salaries for adding the CEOs brother and the Terra CEO to the COIN staff and overhead)!
I think their current losses still exceed revenues! Then if you write down the huge smoke and mirrors asset value they have on the books for the purchase price of Terra, which has no sales now for 10-11 months, you add another 10 million dollar stockholders equity loss to the books when they write off the Terra purchase asset from the Goodwill category. Then, You have a company with negative stock holders equity, a history of losses at an average of 10 million per year for 5 years, that has had products on the market for nearly 3 years now, and they still failed to ever break even.