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Did I see May 16? Please confirm
Independently, because I follow several stocks. Sometime May -- IF I recall. You can find out from their website or ask your broker.
It is not clear the difference you point out in number of shares traded can be blamed on dilution, because the volume was higher Jan 8-11, and again Feb 5-11, than 2 weeks ago. The table shows fluctuating number of daily shares traded, not necessarily dilution per se. I don't know how to confirm any difference in authorized or outstanding shares since your time frame of interest, but that is what has to be shown, to claim that dilution is killing the share price.
Well, Fraede... you read everyone's minds...
Yes. But now I realize they'd rather have a discount off cheap shares, and that they'd be risking higher transfer prices (so less shares?) if they allowed the shares to behave naturally. So I guess we're in purgatory for the balance of 3 years, however many months or years remains...
Deals for conversions at discounts are the absolute pits for shareholders. At least I'll stop holding my breadth for any substantial movement upward....
At least they should have an interest to seek higher sale prices. Must be some mediocre technician working there. I should write to his supervisor....
Thank you. Wise.
Let me know if you find any addresses, I will try to write, too.
Is it discoverable somehow?
So Redwood can profit $50,000 or $100,000 every month laundering the shares they got at a big discount. Sad.
Thanks. Please would you explain more details. (Is the company buying back shares from Redwood? I thought they had been giving shares out in exchange for $$.) who is getting shares, Redwood? how is price decided weekly, and how long do you expect it to go on? What if any is the relationship between TGF Radiant and Redwood?
Thank you for any time you can spare to help me understand this.
Good for you! I hope you are well rewarded. It is a lot of time and effort to correctly analyze something like this. One should not end up empty handed!
"Is the company a good long term hold or growth story?
>> I think so. But it may be safer taking any 30% profit off the table here and there. It's volatility has been such that anyone even slightly prudent uses tight stops. These keep getting whacked. I don't use them because I'm an idiot. But I think that is what is happening. Areas between 6 and 7 attract buying, but conviction falls apart completely above 10 cents.
That vicious cycle has to be broken. I hear "dilution, dilution, dilution!!!", but I never see any proof that that is what is going on. I see pairs of traders or MM's raking it in by taking 1 cent profits on millions of shares every day. Nice work if you can get it. That won't change until everyone HOLDS and stops inviting pillaging with transparent stop loss orders. If you have to use them, please, make them "all or none" or reserve orders that don't advertise how cheaply you can be bought out.
"Are there valuable patents and sales in the pipeline. "
It is said to be so.
"Is a trend reversal appearing? What may be the catalyst for the next 20+ mil volume day? "
It is my humble opinion this is the case. Catalysts: share price .065 today, and all the existing positives -- anticipation of contracts and increasing revenue trend. I expect another stab at .09-.10 soon, but I am not interested in all this "treading water" below 12 cents. I think we don't get traction until concrete news of contracts-related revenue and increasing confidence pulls shares above .25 again. That may not happen until next earnings release, assuming it is strongly positive. In the meantime, this seems to be the personal banana dispensing machine of a pair of 800 lb. Gorillas. $25,000/ week on 1 cents moves is a really nice income for gorillas.
"MM VNDM moved to .10"
What a head fake!
They seemed to be at the forefront when share price ran up in 2013-2014. Jeff Goh seemed a turn around signal, but the lack of transparency and poor communication about what/where and WHEN, to give shareholders any confidence, has been most disappointing. All too vague. They need pressure to say WHEN there will be concrete improvement, and they need to demonstrate with personal sacrifice (salary cuts) that they have not forgotten small investors.
I think Jeffrey Goh needs to get a lot of letters from people like yourself, (long-term conscientious investors who have been burned by the past mismanagement). An activist campaign.
Yes, may take some time, but with all the effort they've made I can't believe it won't recover at least .20
Intermediate term.
Pretty fair summary... Take a look at TK. I'm not happy that I got out at par then watched it go from 5.50 to above 8 recently. PRGN IS scary right now.
But it's a first step.
Descending wedge gaps up
Is that right??
Nice.
What a wonderful expectation!!!
Oh! Joyful sounds! Music to my ... Ummm... Eyes!!!
Re: "A Thing of the past"...
I think significant energy has been expended to dissociate Notis Global from the extreme embarrassment that Medbox became... Now let us pray they make use of this dissociation to shareholders advantage.
Rebranded!
Penknee- was it a typo? I wondered why some would put in 1000% more than the others.... Seemed like it should've been $25k for all?
Not clear - what is relation between Ascent Solar and Amtech?
Well, I am sure you are right, but perhaps not the Monday after the annual nadir of dreadful March Options Expiration week. But let us hope soon after.
MagicMarvin, RE: "JMO"
I really LIKE your opinion!
Some of us hoping the 6's are history, John!
Dud iligence: anecdote irrelevant to SGY!
Unfortunately, in 2009 and after, they discovered
The Lazarus Syndrome
Many funds and individuals will not hold a stock under $3, as a matter of policy. The more that these shares are redistributed to the many, instead of a few (large institutional owners), the lower the future risk of sudden big dumpathons by a single entity will be.
I tried and tried to buy shares below $1, but none of the children would give me the candy out of their pockets. Why wouldn't anyone sell me their shares below $1, If all that you say is true?
You already posted that.
"Dude iligence" -- for $100,000, I will spend my valuable time to answer your questions. That's just to compensate for the aggravation. Questions to be limited to 5 in number. Subject to be restricted to stocks. Answers not to be construed as investing advice. However, I will not go back and read all your posts regardless. (Why do you require so much personal ATTENTION?)
Jptrick, THANKS.
Some people believe that when they walk down the sidewalk, it is their physical movement that causes the clouds to move. Usually, these people are under age 4. But apparently not always...
You are factually wrong on many of your ignorant assertions in this post.
Only time will tell what happens with SGY, not you, and not I.
Ciao
Dude iligence: Only Time will tell what happens with SGY -- not you or I.
The comment I made was merely that a very knowledgable person said that the Russian economy cannot well cope with oil prices under $30. That had nothing to do with this or any individual oil company.
Regarding your insults: 'did I just get out of daytrading training school?' -- 1) I never day trade. 2) I am not a professional trader and am not set up with fancy computers and software and do not run daily scans of loads of stocks based on sets of criteria. 3) I am highly flawed and sometimes make mistakes, 4) what training I had several years ago was never intended to apply to penny stocks, and indeed, it is generally advisable to avoid stocks under $30-$40. Furthermore, I was unable to systematically apply what I was taught and drifted off into a style of trading that is partly 'visual investor', part 'behavioral analysis', layered with character flaws and domestic distractions, and finally topped off with that toxic but tempting frosting that seems to cover all stocks under $4.
Jolly on you, being such a genius that Reuters is plagiarizing your writing from iHub messages board posts. It's clear that you should be publishing under copyright somewhere, so that what you write can be preserved for posterity, and so that schools can assign your writings to students for homework. I, however, am busy every day and, regrettably, have no time for your assigned homework of reading your past posts, or deciding if a Reuters article plagiarized anything you wrote.
My sole interest here is the behavior of SGY share price - near term, intermediate term, and longer term. For this, I focus on the charts, the filings, such news as I can find from responsible sources, the trend in oil prices, and my observations of the pattern of behavior of shares in this particular company over 7 years.
Bashing of companies on iHub often seems suspect, especially when done repeatedly by the same source.
"What is the one thing that cats and narcissists have in common?" "The only time they are not trying to manipulate everyone around them is when they are sleeping."
Despite the naysayers, and troubled history, I have to say, it seems pretty solid here from my view.
Please don't make those the first two words in a post.
Yes, and some of us were surprised at such run-up on a Friday afternoon. By Monday, it looked like the Friday momentum combined with the "disappointing" or hard-to-interpret 10-k published AH on the Friday created shorting opps or just rash sell-off by people scared of the recent trough. Maybe this time prudent sorts are waiting to let things settle out after the post-options week Monday is past. I will look for a direction Tuesday-Thursday next week.
To get closure on Last note, I was saying I hate R/S as much as anyone, but I have never seen a more rational and well thought out case where it does seem the appropriate given what oil prices have caused.