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Interesting read for an unusual source. Guess everyone is talking about it now:
http://www.johnmauldin.com/images/uploads/pdf/mwo071611.pdf
Interesting read from an unexpected source. Guess every one is writing about this now:
http://www.johnmauldin.com/images/uploads/pdf/mwo071611.pdf
Which company was that about?
Frankly, I have suspected exactly what he said, was and is the real truth behind the entire mess.
I just hope these CEO's have the fortitude to pick up the pieces and put it all back together. I for one, am slowly putting cash into some of these at the bottom, fire sale prices. In fact I have already made money bottom fishing several of these China / US RMs.
"What does not kill you, makes you stronger"
Just what the hell is "clean energy coal-water slurry fuel" anyway?
Sounds like snake oil seudo science to me so far. Is there a link to a real, detailed, thermodynamic, chemical analysis, and run down on what this is, how it is purported to work, and so on, or is this just a smoke and mirrors deal, and no one is asking the right questions?
Ecomike
Chemical Engineer
Question is, will they survive the bottom, or will current shareholders survive the bottom with out drowning first. Still glad I took my losses and bailed out at in the 6-8 dollar zone. I just don't see any sustained up side potential to justify the ongoing risk that the assets of all these shippers are way overvalued on the books still!
Minor formality, and already priced into the stock.
I too have been holding and adding since before the R/S.
I was a little surprised at the new $16 target, but that may just be to make sure it gets to the $10 area.
I must agree. They ignore the possibility that a vastly improved formula, as in substantially less sensitivity to using the drug, means more people could use it, and thus it might increase sales?
It is also just a stepping stone, not a one trick pony!
The Huge Australian BHP buy out of Petrohawk NG assets must have helped as well!!
http://thebuttonwoodtree.wordpress.com/2011/07/15/sickness-petrohawk-to-be-acquired-by-bhp-billiton/
I would rather do that to the short pricks at CYTR right now, LOL! I already did it here at the last 52 week low!!!
Just dawned on me that today is options expiration, so the 48 hour sell off in ANX shares may be a rigged 2 day game to kill Call option values and spike Put option values, with game over at the close today!!!! If I am right, today's close or a final opening low on Monday, may be followed by a hard run back to $4 quickly next week!!! So heads up people!!!
APWR may be stalling to try and keep the NASDAQ listing, but who knows if that will be possible. Many others have just said screw Nasdaq and moved to Pink sheets already. It could be a month before they, APWR, makes a move IMHO.
I think the word from management that they are or were, (may already be a done deal), close to closing a senior secured note for cash (and not selling convertible debt, or doing a costly JV deal), put the bottom in about 10-14 days ago. They also said that once the deal was done (word then was it was about 2 weeks away), the would begin work on completed the well, Fracking and tie in to pipeline right away. So people have been buying and holding!!!
I don't have time to post a chart, but if you look at the 1 or 2 year chart today's low bounced off of a long term rising channel support, and was the third data point on the rising channel, so this is looking even more bullish now having bounce up off that rising support during such a nasty price drop.
China calls it a "Witch Hunt", and says Moodys is too Moody! LOL
http://www.marketwatch.com/story/macquarie-decries-witch-hunt-against-china-firms-2011-07-13?reflink=MW_news_stmp
Market makers are low balling bids this morning. If you want a shot at shares at 80% off (currently, at the open best bid was 3000% off), LOL, now is the time to post a better bid and force MM bids up to yesterdays close. They had no luck tripping stop loss orders today.
The new symbol is MHAND
LOL, sooner or later people are going to look at the prior quarter's reported earnings of .03/share, and now with the R/S, that makes last quarters earnings $1.50/new-share in one quarter. Eventually people will see that data, and buy shares that are under $1 thinking it is a no brainer bargain buy!!!!
Somebody in another stock forum ticked me off today, they could not connect the dots on the article I posted earlier (last 24 hours) about the recent SEC and China chats about audit problems, enforcement, Audit problems, shorts, and so on. And I posted the following below in reply to several that said they did not see anything about shorts in the article...... I thought many readers that are newer, trying to connect the dots, might find my comments interesting. But let me mention that the article claimed that some China/US RM CEOs were caught between the option of telling auditors and the SEC to kiss off, or to violate criminal secrecy laws in China by making certain requested documents public domain.
Somebody in another stock forum ticked me off today, they could not connect the dots on the article I posted earlier (last 24 hours) about the recent SEC and China chats about audit problems, enforcement, Audit problems, shorts, and so on. And I posted the following below in reply to several that said they did not see anything about shorts in the article...... I thought many readers that are newer, trying to connect the dots, might find my comments interesting. But let me mention that the article claimed that some China/US RM CEOS were caught between the option of telling auditors and the SEC to kiss off, or to violate criminal secrecy laws in China by making certain requested documents public domain.
Yes indeed. The .06 seller is gone!!!!!!! I think the lights are about to get turned on here any day, no more than 2 weeks IMHO, and it could start sooner just on expectations, people wanting a better seat at the show that decide to arrive early!
LOL, make me laugh again, that was a good one! THANKS!!!
Somebody in another stock forum ticked me off today, they could not connect the dots on the article I posted earlier (last 24 hours) about the recent SEC and China chats, Audit problems, shorts, and so on. And I posted the following below in reply to several that said they did not see anything about shorts in the article...... I thought many readers that are newer, trying to connect the dots, might find my comments interesting. But let me mention that the article claimed that some China/US RM CEOS were caught between the option of telling auditors and the SEC to kiss off, or to violate criminal secrecy laws in China by making certain requested documents public domain.
Somebody in another stock forum ticked me off today, they could not connect the dots on the article I posted earlier (last 24 hours) about the recent SEC and China chats, Audit problems, shorts, and so on. And I posted the following below in reply to several that said they did not see anything about shorts in the article...... I thought many readers that are newer, trying to connect the dots, might find my comments interesting. But let me mention that the article claimed that some China/US RM CEOS were caught between the option of telling auditors and the SEC to kiss off, or to violate criminal secrecy laws in China by making certain requested documents public domain.
What I would like to know is how the auditors crunch the same numbers, and audit the same inaccessible secret information on GE holdings in China?
Hmm, Perhaps GE is a fraud too?
For those babbling about no mention of shorts in the article, try connecting the dots. If the shorts had not shorted many of these China/US RM stocks en-mass to begin with, and then published the raging hit articles (Muddy Waters, Varian View, to name a few Alpha Seeking short attack paper writers), just when the annual reports were coming due (Note that the quarterly reports are not audited, only annuals), then the auditors would not have panicked and then asked for extra documents that could only be handed over by violating criminal statutes in China, and then the SEC would not have been bothered with this mass exodus of Auditors caused by CEOs refusing to violate criminal laws in China just to make overzealous auditors and the SEC happy. Don't you think the shorts like Muddy Waters and Varian View knew that trip wire was sitting there, and so they timed these attacks on high flyer stocks at just the right time, just before annual reports were coming due?
I have actually seen several stocks go up after a R/S. Depends on the price before the R/S, and news. I look at market cap range before an after as my guide.
The deed is done. The trading symbol at the open will be MHAND tomorrow. I have asked Admin to update the ticker here asap!
The news late today:
http://ih.advfn.com/p.php?pid=nmona&article=48430426&symbol=MHAN
Since we closed at .0065 today, .0065 x 50 = .325/share
Now the kicker is that the OS has dropped to just under 3 million shares, so any real news after the RS is going to see a very tight market for shares as the float is now tiny.
This company is going no where except into BK now, unless they find a new CEO, and new money, and dilute the hell out of existing shareholders (again), as they are broke now, broke for the third time, with no more options!
The only thing they have left is a smoke and mirrors line item on the ledger called good will, value on the books (the only remaining stock holders equity) which came from trading $0.7x something shares for another broke company called Terra, a company they bought for about 20 million dollars of COIN stock when COIN shares were 1000% higher than they are now, a company that has had zero new sales, and zero cash flow for nearly 12 months now. The CEO, his brother and Brustor (SP?, the Terra guy) are collecting about 1.5 million dollars a year in salary, and they barely have that much in annual sales this year, and in fact company wide sales this year are less than last years sales, even after buying TERRA!!!!!
They have less than 3 million dollars in annual sales, they have no more cash, and the stock is now so diluted that it is nearly worthless.
They had great plans, great ideas, great funding and back up, but
no idea how to manage cash or execute a business plan (in fact all they did was execute the company, while the CEO lined his pocket), or perhaps the business plan was financially flawed from the start (The NJ deal had a lousy license cost structure....old story, they realized it and dumped that operation at a 40 million dollar loss late last year, but not before buying the Calif operation).
The only profitable operation (Calif) (sales minus cost of goods, before any overhead), does not make enough gross profit to even pay the CEO's salary!!!! Go look at the financials, do some DD, this has been a sinking ship with PR fluff for over 3 years. Even the string of PR fluff is not holding up the stock price.
I don't know how deep you are digging with your DD, but I had a thought recently as to why we may not have heard any additional news on a planned stock swap merger from last year where TTEG was going to take over an auto parts manufacturer in China (a profitable auto parts OEM, that was going to start making small motor cycle sized TTEG engines as part of the merger deal). There has been no further news on it for quite some time, which makes one wonder if the deal is on hold for some reason, dead, or what. I have several China RM stocks (long on) and I have been in the thick of the recent debates about China reverse mergers with US company stocks that have been under short seller, lawfirm ambulance chaser, and nasty Seeking Alpha short article writer attacks. Based on that, I got to wondering this week if the nasty sell off in the China RM stocks stalled the TTEG merger deal. It was separate of the small, non controlling interest stock swap that had been proposed with Falcon Power. I forget the name of the other company.
Where are you getting this garbage data and nonsense from of 50-60 million short shares? The entire OS is only 26,466,000 shares, and only 2 million shares were last reported as short. Source Fidelity brokerage.
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China based, RM US stocks like TPI, and why they have been so successful with the damage they caused to the entire sector, and why we have an uphill battle ahead. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end, below!:
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks like JGBO, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks like CNOA, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks like CRTP, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks like CSGH, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks like CBEH, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
It was reported as a quote in a reported interview with the CEO of All Power, reported by one of the short article writers in Seeking Alpha (Varian View, IIRC) (so it was not unbiased journalism!!!), who has been quiet since they posted the two attack articles on ABAT. A third and fourth article, second writer popped up, but he screwed up the math on his ABAT attack so bad that no one listened to him after that.
This is a real good write up today of what is really going on, and why the shorts were so successful with the timing of their attacks on China RM US stocks, and so successful with the damage they caused. It is because they are between a rock and hard place. The problem is differences in US and China laws. READ all the way to the end!:
I have a different wave count than SE, and I think I see a bounce off of .016-.017 back up to the .02 to .03 range and a push up over .03, to maybe .04, before it settles back down to a trading range of 2-3 cents. Also we left a gap at .022 to .024 up above.
News on a return from Pink sheets to OTCBB:
http://ih.advfn.com/p.php?pid=nmona&article=48414909&symbol=TTEG
Nice link, had not been able to find that one. Thanks!!!! And fine looking scooters too, and hybrids with the li-iron-PO4 batteries as well!
Now to the other question, is there an internet link showing the connection between UPC and APA?
Interesting that short seller article claims were being made not too long ago that All-Power was not at all happy with ABAT and that they had severed their ties. And All Power had no signs of a scooter product on their web site at all (Only about 2-3 months ago). Is Northern a competitor to All Power, or are they related?
Not being able to find retail ABAT products online was one of the reasons the shorts got away with their bear raid on ABAT.
How did you decide this is an ABAT vehicle?