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Hmmm, seems I suggested earlier last month that this sort of thing would start happening soon with APWR.
Nice write up there. Thanks.
Great chart! Thanks.
What major run on Monday?
I guess everyone overlooked the $1 million dollar high power china auto company order for bus battery news recently?
RXII made a huge multi day rally from about $1.5 to about the $4.5 area last 2-3 weeks too. Up 200%, but it was over $10/share this summer, IIRC, until CYTR sold off a big chunk of RXII to raise cash. I can't help but wonder if some of this is year end window dressing, but that can't be all there is too it. Way too much volume. I do wonder if some new shares are hiding in the mix, from converted prefereds?
Reminds me of HGSI too, went from .50 to $32 IIRC. Still trading at over $30 yesterday. The volume on this is incredulous. Did HGSI have this kind of volume?
So your one of those that took my money while I was planning to take yours, when I bought $15 puts 4-6 weeks ago. LOL.
Bounced up off of .35 three times today!
Anyone have a clue where the bottom, current real support is now?
Looks like we will break yesterdays volume record at this rate.
Yep, cheap advertising for sure. But nice paint job don't you think? LOL. Maybe we will get lucky and they will paint it to $1 next, LOL.
Yep, your right, about Nov 28th, if I am reading the chart right, it bottomed at .09/share.
Just looking at the chart, I suspect .30 is as low as it will go for quite some time now. It could easily move up to .80's range tomorrow with no news from what I see, unless the markets take a huge nose dive tomorrow, which I don't expect until after New Years at the soonest.
I have decided to watch the open in the am rather than buy near the aftermarket close, and I will probably make a decent sized buy near the open on any pull back. If it spikes to $1 at the open, I may need to think it over twice, LOL. I won't be the least bit surprised to see this puppy hit $3 before the end of the week from what I see already, but I have not done any real DD myself, so this is not a rec to buy from me! Just looks like a great short term play for a huge over shoot on the surface. I have played the biotechs for a while, and this one sure looks like it is ripe for a runaway, just based on the huge volume. Hard to believe this was a .09 stock 5 days ago!
Year end window dressing may be helping too.
I know nothing about this stock (except that it is much like many other small biotechs, loosing huge amounts of money on R&D for years), or what is going on here today, except that the share volume is off the charts, and the stock is already way up with all that volume. Last couple of times I saw this kind of action on a non-major biotech it kept climbing, one went to $20, others up only 300 to 400%, but the up side on this one looks huge still, at .40, based on the volume, and markets in general. If I had to guess, I would figure there was serious institutional buying hiding in this move today. Only question is why, is distribution dumping shares, or getting it ready to sell new shares, and needs the price up first, and or is there real news leaked out that others have moved on, or is just people hungry to buy a biotech winner who's chart just spiked the right way at the right time. I am real tempted to buy some for a short term trade here just on the technicals and huge upside potential.
What is the real story going on here?
You are joking right? Have you looked at the one day volume today? The near zero volume most of the day, with a one time volume spike at the end to print a 137% advance, on almost no shares? Give me break people. Someone is desperate to attract some buyers, IMHO.
Do you have any real test data comparing others to Axion to support your case?
Axion does not need to tout nano at this time. They already proved themselves to players like the US DOE and Exide, a 1 billon dollar a year battery company that has signed a 4 year battery deal with Axion already. US DOE has dropped something like 6 DOE grants on them, 4 this year alone, IIRC.
Any CNT tech they are testing is being done in the lab, and used to boost their current patent protection for now.
Do a reality check, and look at how much capital Axion has spent in the last 10 years just to get this far, then ask yourself when and how long and much it will cost others to get where Axion is today, and Axion is not even making a profit yet!
I tried to take a brand new plastic-organic polymer battery technology out of the lab back in 1980, so I know how steep and brutal the cost curve for this tech and market is.
In the long run, you might be right, but in the long run we are all dead too.
I am still not crazy about the price tripling on future order news, while the earnings go to a loss last 2 quarters.
Look here:
http://ih.advfn.com/p.php?pid=financials&btn=quarterly_reports&ihsymbol=&ihpagelist=Quote&mode=&symbol=NASDAQ%3AAPWR
Look at the operating profit last 4 quarters on the quarterly page, under the income statement section, and most specifically at the "net income (total operations)" section, and then tell me this stock is worth $20/share, 3 times what it sold for 3-4 months ago! All I see so far is income going in the wrong direction, FAST. I smell a huge new stock float, issue, huge OS increase coming any day now to cover their new capital needs for the announced new capital projects. Mark my words! Warning Will Robinson, danger approaching, LOL.
I still like the company, but I think it will be much cheaper again before it goes higher again. I made a lot of great gains this year on other stocks, and held too long thinking long term, only to see my gains turn into losses. Don't wait too long to sell this one. It will not stay this high forever.
I am pretty sure Axion already has a nanotube carbon LIKE structure in their current carbon anodes (but a much cheaper, lower cost version that already works?), and I have no doubt their current R&D is all over that, testing the latest carbon nanotube variants in their latest prototypes. Axion power's current advantage is extremely low cost, huge existing lead acid recycling and battery making infrastructure to piggy back onto, easy to scale up production quickly, no limited source issues or huge ingredient cost issues like lithium and high cost, specialty nanotubes, to deal with at present. And they have already increased the previous lead acid state of the art energy density and power density using their carbon anode retrofits, by as much as 1000%. Theirs is lighter (one lead anode replaced with porous carbon), more like a super capacitor in increased C rate, C rates as high as 10C IIRC, 10 times the cycle life of existing lead acid batteries, can fully charge and discharge 10 times faster than other lead acid batteries, IIRC. If they can just start making money someday? If they can't make money, what hope do the others have?
Lastly, they gotten about +6 partnership DOE and local government agency grants this year! More than any other similar company.
But I still can't for life of me figure out why buyers would pay a 3x premium over the recent huge stock issue behind closed doors last week, at .57/shar, especially for a company that is still losing money.
May be time to load up on this puppy today! The CEO made 8 purchase lots reported today, all for his personal IRA, at .64 to .65 a share! That is about .08 higher than last weeks 52 week lows! And he made more IRA purchases earlier this month at .68/share
http://ih.advfn.com/p.php?pid=nmona&cb=1262037634&article=40899797&symbol=N^COIN
http://ih.advfn.com/p.php?pid=nmona&cb=1262037634&article=40866972&symbol=N^COIN
Here is the latest on the prospectus for the 17.5 million shares they sold back in October.
http://ih.advfn.com/p.php?pid=nmona&cb=1262037634&article=40882232&symbol=N^COIN
The COINU units (1 share with one warrant) seem to be less liquid right now, but got real cheap today, making the attached warrants nearly free. I would go with COIN short term, and maybe COINU long term at this point due to differences in liquidity, if you are thinking of buying.
I am hoping for a near term bounce, but if we get a big market sell off early next year, this could still go lower. But if bounces hard up over a dollar first, we might have seen the low for a while?
I agree, having been one of those who previously questioned if Mantra was totally legit, I have taken that off the table for now in my mind based on the agreement with 3M filed with the SEC.
The real issue to me now as a current bear in general (markets in general look ready for a correction soon, so I am waiting for some kind of correction to come and go, before getting too long in anything right now), is how long will it be before they get a deal that generates some real revenue that limits any need to sell more shares to pay the bills.
Yep, read it, but had no time to post it. I think that is partly why the stock rallied last 2 trading days. Market rally in small caps helped too. I still own some COINU, that I am down about 20-40% on (bid/versus ask), was temped to buy more stock at recent .56 low, but did not, as I fear it may go lower in an expected market pull back early next year, 1st quarter. Nice to see they are keeping the news engine, and sales activity going, and growing. I just still worry about how long it may take them to close the sales gap needed to start breaking even.
Love the green product and it's huge future potential, but at some point one must start generating enough business and margin to at least break even, or else their days may be numbered.
I have no idea, I don't think they disclosed that detail, at least I did not see it when I read the SEC filing. I can't figure out why the stock rallied Thursday. For the life I can't see why anyone would buy the stock at anything over .57, when two thirds of the company OS was just sold for .57/share. All I can figure from what I have seen the last 2 weeks is the last vestige of a bubble,euphoric stock buying is taking place by blinded would be investors being sold stock that the smart people want to dump, before the crash or pull back by the entire market(s) hits early next year. APWR's recent eurphoic rally is an other one that makes no sense to me. I am not sure there is any mandatory hold on those shares? I do know the new shares were not pre-registered with an SEC filing announcing plans to make the sale, which I also find terribly disburbing. Maybe the people, institutions that bought all that new float, are taking advantage of the drop their stock price caused, to buy up the rest? But if that was the case, why not let the stock dump down to say .60 first?
I still expect it and the markets to take a huge correction south early next year, but I also expect SPX to hit an 1150-1160 peak, maybe by year end before a sell off.
Is it just me, or does this one look and smell like a scam? Going concern notes on an unaudited financial report, and huge, very strange entries on the latest Quarterly finacials. Even the tech details smell fishy to me.
$7.5 million in good will on financials?
I would not be at all surprised if they were using carbon nanotubes of some sort already. This may be one hell of great stock to pick up at about .25 in the next 3 months as the exodus peaks, then hold it for 3-4 years. The only thing I can figure is this was a back door takeover big time, at the expense of the retail investors. Hell, who needs retail investors when you have institutional investors that want to take over the game. I need to see what percentage of the company they took in this deal, but I guessing it was over 50% looking at the size of the issue.
OK, I just checked, and the new stock issue was close to a 200% increase in shares, so the new stock holders, at .57/share, own close to 2/3rds of the company now. I just looked back at earlier posts I had made here about the recent quarterly showing a huge +90% percent drop in stockholders equity, and the huge new derivative liability, and the near zero stock holders equity left at the end of the last quarter, so I guess I should not be surprised at the wholesale take over in this news today at such a low price. What I can't understand is why the price is still way up in lala land today, after the news.Must be the holidays.
Well, Merry Christmas Retail Investors, You have just been stabbed in the back while your pocket was picked here.
I am going to think twice about investing in this one again.
I missed the geo-earthquake news? I did see concerns of recent earthquakes related to fracturing techniques being used to access N gas trapped in tight shale formations.
It is back down hard today.
Talk about screwing over retail investors with their back turned. Wow. Looks like a great short here today, if that was possible, as this is still trading at $1.31 as I type. Glad I sold out at $2 months ago! This should be a great buy when it hits .35 to .40 in a month or so.
Keep in mind that CCS starts with CC, carbon capture. So the DOE budget is helping to find ways to reduce the capture cost, even if the sequester part is later abandonded or limited. The cheaper we can capture and clean CO2, the cheaper it will be to recycle it into non-greenhouse gas products with processes like Mantra is developing.
I am long on this one, small position. I have not bothered to look at the latest financials, but I looked real hard at them about 3-6 months ago. As I recall they have yet to be profitable, so that will certainly hold the stock price down. Good news at the time was that losses were not very large relative to stock holders equity. Other good news was financial help from uncle Sam via some geothermal DOE grants this year. This is one, where I just took a small position and set it aside to let it ride for 5-10 years. Not planning to trade this one on highs/lows, as the price seems to be relatively stable compared to many other small cap stocks. Thanks for sharing the issued, issuable, stock numbers.
Have you checked their stockholders equity, and working capital relative to market Cap?
Any body have any clues why EXM went up so high today on no news, other than further drops in the BDI? All thing I can figure is the options players pushed it down too hard last week to hit max pain on EXM options expiration, and it bounced up hard today.
Last I checked RXII was already way up in the $4 area today. Huge jump, like 3x.00 % up? Wishing now I had bought at $1.5x a few weeks ago when I started thinking of buying some. Now CYTR is looking too cheap.
Today was quite a price ride, all the way from a low of .05 back up to .075 on some nice volume. Up 25% from prior close, and up 50% from the day's low at the close.
Someone here, earlier mentioned that what we need is one new large customer. Got me to thinking, that could happen any day. One big contract with a real large farming conglomerate of some sort perhaps? As opposed to a slow rise in sales month after month. If that happens, stock might triple in minutes of the news release, too late to buy back in. So I am holding what I have. My COINU spiked up this morning about 75% on one order. Dropped back down later, but that jump sure caught my attention.
I am not so worried about the debt, as I am about the size of the monthly losses. What we need here, is a doubling or tripling of sales in one quarter, or 2.
If this stock gets much cheaper, I may buy some more on a big dip. A lot of smart people are expecting a large market correction real soon, so we may get a huge buy opportunity here real soon.
If I look back at where they were 12 months ago, it almost seems like a miracle how far they have come. But they still have some formidable obstacles ahead them, for now.
I am amazed at bloggers that throw stuff like that up, and act like they know what they are talking about, and then claim EXM has lost money the last 12 months (and reference their useless source, LOL). Well if you include the last quarter of last year, when they wrote down the fleet asset value based on BDI charter rates that were dying on the floor in cardiac arrest in december 2008, then yes they lost money, but they have had 3 excellent stable profitable quarters since then. Unfortunatly, for stock holders they diluted the hell out of existing stock holders this year, while raising cash to cover their excessive debt this year, which has hurt earnings per share by 300%.
If you check back about 10 messages, I posted the latest on the float, and how the change in the float raised the stock holders equity 1000%, because of all the cash it raised. I don't think thew problem here is float, or just float. The problem is on going losses, and news of engineering design problems in the plant, neighbor complaints and suites over odors, a new $2 million digester that has severe corrosion problems already due to a coating failure. And on top of that, the markets have been dumping risky stocks like this one in a flight to quality, dividend paying stocks for 8-12 weeks now. This past week, they seem to be moving out of stocks quitely and into US Treasuries, more flight to quality. The only good news here is they are now cash flush, and have enough cash to survive next year at their current loss rate. They have also reduced their debt several times this year.
What merger deal?
I would not count on it. Many of my friends are expecting a nasty correction soon, maybe starting Monday, after options expire. But who knows for sure. One think is clear, the small caps have gone down to sideways the last 3 months, while the less risky stocks, blue chips have crawled up at a snails pace in a move to safety, and H&S patterns are showing up in many stocks and indexes, that look ominously bearish right now. I have no doubt we are in a new bull market, but it looks to me like like we have 3-6 months of sideways grind ahead of us before the next major leg gets past resistance to go higher (same thing happened in 03-04 rally) I would trade with extreme care right now. The one thing you all have going for ya here is the floor looks pretty solid, and is not far off down below. If it holds up the next few months, this might be a relatively safe new tech play for a few years, for those willing to wait for real revenues.