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I don't think it is. I think people that are buying stocks are buying the dips on blue chip stocks right now, some are selling here to buy the blue chips, or running to cash in fear, others are waiting on the side lines for the world markets to stop falling, as no one is sure where the next bottom is. Also natural gas is in the off season, slow season, so no natural gas price spikes right now (bouncing around $4 lows on futures) to support NG stock prices like this one. Also AEXP is not helping support the price here, but doing the opposite so far. I tried to buy more AEXP today at it's low today, but my order never got filled.
I would not sell here, as in the 3 months, mid summer, or even June OPEX, we are likely to see a nice rally here. I am nibbling at the dips myself. I started buying (nibbling) AEXP at .69 and now still buying at .15 (if my new order fills), so I have taken a huge hair cut on it, By I still believe these two will pay off big time down the road.
GLTA
Agreed, nothing rational about these markets most of the time. If it does sink, you will have company (ME). I recall buying APWR last year, it went up 20% after I bought, then down 50% then up 300%, all on good news and bad earnings, then down 75% on bad earnings recently. I sold on the second rally too soon, but made a profit, now watching for the next bottom on it to buy back. Our bid came back up today, and we are green 1% as I type on a down day, good sign I think. Speaking of Rational, LOL, Never got my .21 bid filled, LOL.
Timmmmberrrrrr!
How low will she go?
I am still holding my base, real long term shares, but will be watching for a buy back point for trading shares.
I am still buying the dips on it. First buy was .61, second at .40
I am, and will hold. These smaller China companies seem to be routinely late, I am not worried, I used it as a chance to buy real cheap shares. The markets are also in a correction down, China has been correcting down for a while now. I bought in for the day that the new plant goes into production. That plus back orders will spike earnings in the report after the new plant goes into production. The very low volume here, tells me these low prices are probably the rock bottom bargains. I noticed a bid support fell to .20 yesterday, but no one sold at market. I did take notice an add an order for shares at .21 in case I get lucky. Shares were up .90 before the report was listed as late.
GLTA
I never believe people who use the word never and always.
LOL
More like did. Yes, under a $ now. We got news just now, hired a PR investor firm.
What is up with the .10 bid I see at Fidelity?
I read the new SEC quarterly report late last night. Only about a 15-20% increase in shares issued since the last update, and the price for new shares (restricted) was .10 and .035, which was good news IMHO.
We started bouncing back up hard this week. Nice move last 2 days Our soon to be merged with company bounced up 22% today!
I noticed NGas futures were up about 4% last time I looked today, or yesterday.
I guess you are green and grinning from ear to ear after todays close, up 21%. Luck of the irish perhaps?
LOL. One hell of bounce here people, and no one talking about????
AEXP also got a taste of this today, up about 15% mid day, but closed up only about 6%.
I still think this one is going to move up hard and fast some day soon. Maybe OPEX will do the trick, who knows. Still way too long on this one, but staying put. No legit reason for it to go lower IMHO. It has quietly made 8 consecutive higher lows since mid April, and 5 in row the last 5 days, which is a little encouraging.
Where did you see that?
Patent pending means they made a public disclosure to the patent office, all we need is the patent application number and I can pull up the published application at the USPTO, if they did indeed apply for a patent.
Once a patent application is filed, it is later published (a month or so later) and made public, unless it is a "preliminary" application in which case it is not published until 12 months later, if and when it is converted to an actual application.
If they go the preliminary route they do not have their ducks in a row yet, and are still working on the invention (formula). If they intended to keep the formula a trade secret they would NOT file a patent application of any kind.
I am always suspicious of companies that claim they have patent applications on this and that, that do not provide the application numbers. Unfortunetly it is an all too common practice.
That sounds very encouraging.
I think this is interesting news as it shows major international support for technologies like ours, that show promise of converting CO2 into reusable products, including fuel and ag feedstock.
http://www.originoil.com/company-news/originoil-announces-its-first-customer.html
Hopefully Washington will get back on track with Cap and Trade, and someone will partner with us soon too!
This is the second (or third?) one of these deals I have seen reach this stage, or near deal stage in the last month (MVTG was the other, recently announced a nearly done deal, and they announced the partners), so our turn may just be next.
I think this is noteworthy news, as it shows international support, real ongoing support for turning CO2 into products:
http://www.originoil.com/company-news/originoil-announces-its-first-customer.html
ddabets,
Have you ever found a formula disclosure for the nutramastic formula itself that they claim is patent pending, and included in all the products? If so can you post it or a link to it?
I have never been able to find it, only the other ingredients that varied by product.
Thanks.
GLTA
Please do not persist in tantalizing me with such jiberrish. You obviously do not know what you are talking about, or you do not understand it clearly enough to explain it properly, so I will try to educate you. But first off, I did not miss the point of the demo, the point was to miss lead potential buyers of the product and stock, IMHO, with junk science demo.
Salt is an electrolyte, and for sweating athletes it is very necessary, in fact they typically take salt tablets, huge massive doses of table salt to replace salt lost while they sweat, and to help increase the thermal efficiency of the skin's cooling process which works by cooling the body and eliminating excess heat energy generated while exercising, through water evaporation. The heat of vaporazation of water from the skin is a massive cooling process, heat sink, and salty water on the skin raises the boiling point of water, thus reducing water losses (salt is hygroscopic), and raising the boiling point with salt increases the heat removal rate of the evaporating water.
The problem I have with junk like Gatorade is it is mostly sugar ( a poor conductor of electricity, thus a poor electrolyte, thus the reason the light bulb gimmick works in the demo). It also contains FDA approved food color additives that are useless, and are crude oil derivatives, that have their own toxicity issues.
People that do not sweat and excercise enough (like me) need to reduce their salt intake, not hard working, sweating athletes, they need the salt.
If anything the demo shows possibly more salt in our product than the competitors since the light is brighter, so get the facts correct.
Once again, I suggest you drop this debate before we scare off potential investors, I am still long, but I just can not stand junk science in sales demos.
Here is a definition of electrolyte for you:
http://en.wikipedia.org/wiki/Electrolyte
"Electrolytes are commonly found in sports drinks, such as Powerade and Gatorade. In oral rehydration therapy, electrolyte drinks containing sodium and potassium salts replenish the body's water and electrolyte levels after dehydration caused by exercise, diaphoresis, diarrhea, vomiting, intoxication or starvation. Athletes exercising in extreme conditions (for three or more hours continuously e.g. marathon or triathlon) who do not consume electrolytes risk dehydration (or hyponatremia)[1].
A simple electrolyte drink can be home-made by using the correct proportions of water, sugar, salt, salt substitute for potassium, and baking soda.[2] However, effective electrolyte replacements should include all electrolytes required by the body, including sodium chloride, potassium, magnesium, and calcium that can be either obtained in a sports drink or a solid electrolyte capsule."
Bashing or not, it is the truth. I am not at all impressed with the light bulb tricks and gimmicks. What you probably don't know is I have been stuck here holding shares I paid .10 for 6-9 months ago( been so long I forget how long it's been).
Anyway, I tell it like I see it. There is nothing professional about using a light bulb gimmick the way they are using it. And for the record I could light the bulb up by adding electrolytes using simple table salt, NaCl, Sodium Chloride, for a lot less money!
Disclosure, I have been long here for way too long, but I am still waiting for a miracle, if I live that long.
I was just starting have a little hope for this hopeless stock, till they pulled out that light bulb gimmick.
Anyway, enough said, damage has been done (at least in my opinion)lets move on.
GLTA
Scootter82,
Got your PM, but I use free service, so I don't have PM. LOL, did not realize I was the MOD (but I do now, thanks, I had asked for it, but never got notice of approval, I am new to the MOD position, my first...), so help is very welcome.
Anyway, I finally figured out how to get into the right page, and I added you as an assistant, so have at it, and thanks for the help!!!
Some one asked earlier about the canceled license. I agree not good news to hear it that way, not good that they have not told us what is up regarding that. That said, I have a suspicion that the other firm miss represented what they had, and caused many of the problems we had at the plant (poor design perhaps in the licensed IP they licensed to us?) and that COIN has had to spend a lot of extra money and do R&D to fix the design flaws, which put them 1-2 years behind? All just a big guess on my part, I have no real facts, but I suspect we are parting ways with them now. Question is what if anything will be the fallout? Might be tied up in court for years suing each other, who knows. I never really liked the deal they had with that outfit anyway, it was way too restrictive.
OMG, now I know this is a huge scam! Run for the hills people, we are using a light bulb demo, old style snake oil sales tricks to sell this.
I doubled my share count today, bought, added more.
Two SEC filings today. One was quarterly which showed very nice numbers including a profit, and this new power point p[resentation:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6946436
I think the entire Natural gas group is getting hammered here. Look at KWK price if you want some clues. An old timer Oil and Gas guy) friend of mine, from the great depression era, warned me in Feb this price drop was coming. He said to wait and buy at lows coming later (like about now). Sure enough KWK is back down and lower now than when its last low was reached back in Feb's last "near crash" in the markets.
Unfortunatley, I don't know yet where the bottom is, but I am getting killed in AEXP too. I will add more of both of if they go lower, and if I feel a bottom. Some money may have gotten funneled off from this kind of stock play to the blue chips this week since they were So cheap after last weeks massacre. At .17 today for AEXP, at 4:1 that values MNLU at .74/share, not a good sign, and AEXP and MNLU have shown no signs of making a bottom that I can see.
GLTA
I was happy to see no sell off, and no crash late last week.
Will be interesting to see the recent market, and ANX lows, along with pending OPEX next week, a rally like today's and maybe some short covering don't poke this one way back up. That combo with the right news could send it right back to $5 IMHO.
GLTA, I am still long.
What was the old symbol, can't find a chart with data over a month old?
I have been adding on the dips. I have another big buy order at .04, if I get lucky. I have sold no shares since we last hit about .19 on the ride up about the patent application being filed.
Like I said before, I suspect some earlier accredited investors are selling old shares once they are unrestricted, to retail, and reinvesting that cash directly in the company buying restricted, new shares at a lower price than retail. Only way us retail people can work this is to buy the dips, and sell some on the rips, till we reach a point where the dilution and bearish long term price trend changes to long term bullish.
The fact that the price is not sub penny, speaks well for the number of interested share buyers buying up the ever increasing float. I think we have a huge audience of new and old share holders that will push this stock way up on the right news. Last time I bought the falling knife here at .06, I was able to sell at .19 on the new patent application news.
My only fear is an outside buy out at these overly cheap share prices by an Exxon or a Power plant operation like SO, before the price goes back where it should be.
Right now we are an 80% off price of what I paid for my first shares, IIRC.
Don't forget that OPEX is next week, that the market is WAY down from recent highs, that CABN share prices held up when PG shares fell 40% last Thursday (I found that most of my stocks like CABN held up very well in the last crash, which told me the selling attack was on the big boy's stocks that have huge options trades going all the time, and the timing was perfect for OPEX).
If .06 never brakes, I will add at .06 real soon, maybe this week.
I am no longer sure the merger issued shares will be restricted based on the last 2 SEC statements MNLU has made about plans to register the shares now. I think AEXP rallied today on the news that due dilligence and value analysis of both companies by both auditors was complete and the the merger would be a 4:1 stock swap, and would not change. The last couple pieces of news on AEXP had weak hands jumping overboard, specifically the Avery news of not funding their share of an AEXP well cost, and AEXP not delivering on funds for the MNLU shared well cost plans.
Look at the charts, it goes up on days when there is major news, and by as much as 50% up when it moves up, on those major news days. Read my older posts, going back 12+ months. Look at the volume versus price charts last 18 months. I am here for the day they get a JV partner and the news arrives and the stock goes up 1000 %. I last bought at .06 months ago when someone dumped a large lot of shares all at once, and I sold a bunch of them (and I held some) at .17 a few weeks later when they announced filing a patent application, IIRC. OTOH, I am still in the hole from shares I bought 18 months ago at .30. I just believe in the company and people, and tech, that is why I am still on board what may look like a sinking ship price wise to many.
LOL. I was not disagreeing with you. I think some of the earlier accredited investors are slowly selling older shares they bought a while back, selling them at retail which is increasing the retail float, and also buying new ones direct for a little less than retail, to fund the daily operations of the company. No big mystery there. I just buy the dips, add there, and cut back and sell some when the big news days come out so I don't loose too much staying long, while waiting for the big day to arrive.
You are not alone guys, I held, and added earlier this week at the lows. Holding for the long ball.
It is certainly respecting that $1.15 to $1.20 area. building a nice base here, and holding on nasty market days, so it could move up hard and fast once the markets bottoms, if 1.15 holds. If AEXP continues to bounce up, it could help too. I think they are both currently way oversold now.
I have some trees handy, LOL!
Support has been pretty strong around .07 for a while.
Skyhigh2, regarding your earlier question. I suspect from my own knowledge, and the earlier comments from Byron, that it will take a good year to design, build, test, and then ramp up production with ongoing tests, and then officially commission the first plant, from the day they start on it. Then they will test the final product before selling it to end users. That is the timeline.
The real issue is when will they announce that they have a JV deal. Once that happens penny land will disappear over night and we will shoot up into dollar land. Then after the newness of it wears off and while the first plant is being build, we will go back to ups and downs, till the first one is completed and working.
I hope so, I am in way too deep in AEXP to bail, with this much promise of the future. Wishing I had added more at .16 or lower tha last few days. We were up 36% on the news today.
AEXP has been up as much as 37% today on the latest merger news, which is a good sign for both. We are mostly fighting market wide fear of lower lows in world wide markets this week.
GLTA
I am not sure, but this weeks sell off puts this at an 18 month, maybe even an all time low? Other than worldwide panic selling I am wondering why this finally sold off so hard. Any clues people?
This is cheaper now, IIRC, than what I paid in March 09. Sure glad I sold back in the $2 range. I am wondering if and when to buy back in here.
I wish I could buy 1,000,000 of MVTG for $10!!!!!!
hell I might have even offered $20.
Any clues as to what this means????
http://ih.advfn.com/p.php?pid=nmona&article=42655283&symbol=NB%5EMVTG
I stayed in through the RS, and added 50% more shares today. Holding long.
Market Makers Or is it manipulators, LOL, and maybe day traders selling the news. I posted a chart, I think the next target up is 1.47 or so.
http://cdn.cloudfiles.mosso.com/c71692/media/image/201005/phpls5xA8EcoCYTRMay3.png
Using EW and fib fans, if I have the wave counts right this time, the next easy target up should be $1.47, if so the MMs may have walked the price down first to take out weak hands (trip stop losses) first.
I added 50% more shares today at $2.86
Right now AEXP volume is low, and the price is about 1/2 of what the shares would be worth if the MNLU merger closed today. MNLU is up 7% today. The low today. so far is .17, that is .68/share after a 4:1 stock swap for MNLU shares, that are selling $1.38 today!