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Was just pondering that relation, but I think oil up is good because recent volatility so extreme that hi oil will cause exits and the $$ looking for new homes that don't move so wildly.
Hei5enberg, did you check out if you can trade directly through iHub? I just noticed today on the Monitor (list of stocks mode), that if you swipe to the right then the option "Trade" is offered. I do not know how it works but I think they are not HQ'd in USA.
I like that analogy...
Porky, is your read of this oddly timed ER, that they only lost 45 million instead of a lot more?
Has anyone figured out the Confidential Treatment order from Feb 3 -- what it was all about?
I, for one, am enchanted with your idea of a return to $1. I think it's the most brilliant idea I've heard in ages, and it's a pit you are probably not running for public office, because I you would certainly get my vote!
If this ever returned to $1, I would have a new lease on life. I'd buy a house with a fenced yard, and get two great dogs to run and play in it...
A nice dream...
Hmmm... Fall back to 8's...
Remember the good ole days when we could buy them for less than 6?!?
I think you're right. I am just very grateful for what happen today, and if we get to low teens before earnings, and then earnings are okay, I think it can crawl back to 20-30's. But beware sudden brief spikes in this one. Can still be good long term if one does nothing through them, but if one is trying to compensate for major losses in this or other stocks, then the ultra short term behavior during and after spikes deserves close study and quick reactions perhaps.
But maybe stronger now in fundamentals and prospects to compensate?
Keep that thought!
September 1-2, 6 months ago, ASTI moved from .10 to .35 in only 2 days.
Since then, their earnings improved slightly and they are better positioned for government contracts now...
What do you mean?
When reached above 8 today, then pull back below, same above 9, but it is natural behavior and I think can continue to do this around every 1 cent gain upward to 15, 20, maybe even 25 cents. Wouldn't that be lovely?
Hope you're right, too!
"It is either a SHORT Squeeze or news we dont know about yet"
Or cessation of the deliberate suppression...
"$ASTI .08 clean break could see .12"
Yes.
Break above .12 will take us to .1388
Above that, can reach .18-.20
When ROYL broke out of 8 cents, it got to 14-16 cents for few days, then exploded back up near its pre-OTC traditional range above 55 cents.
Two totally different companies, but an example of what can happen in only 3-4 weeks.
Which two? Please be specific.
Only thing is clear: they created a field of cow patties so vast, it should be sufficient to fertilize their hemp crops for all eternity...
Really!
Dunno... That's a small percent of current shares, and it looks like the cash payout liability may be already priced in to this utterly devalued stock?
If you read my post again, I said, use conditional orders -- these are not visible to most MMs until a near range target is activated. In other words, those Conditional orders based on limits are not visible until your target is nearly there. Not perfect, but a useful tool if one has a day or two when one cannot be watching the action every 5 minutes.
I am well aware the abuses that occur if buy or sell orders are visible to anyone. That is true enough! Indeed.
China Sunergy Announces Receipt of Delisting Notice
Source: PR Newswire (US)
NANJING, China, March 9, 2016 /PRNewswire/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that it had received a letter from the Listing Qualifications Department of the NASDAQ Stock Market ("NASDAQ"), on March 3, 2016 (the "Letter"), informing the Company that it failed to regain compliance with the Listing Rule related to the maintenance of minimum Market Value of Publicly Held Shares ("MVPHS") of US$15,000,000 within a compliance period of 180 calendar days.
As previously disclosed, on September 3, 2015, NASDAQ notified the Company that for the previous 30 consecutive trading days, the market value of its publicly held shares had been below the minimum $15,000,000 required for continued listing as set forth in Listing Rule 5450(b)(3)(C) (the "Rule"). Therefore, in accordance with Marketplace Rule 5810(c)(3)(D), the Company was provided 180 calendar days, or until March 1, 2016, to regain compliance with the Rule. However, the Company has not regained compliance with the Rule. Accordingly, its securities will be delisted from The Nasdaq Global Select Market. In that regard, unless the Company requests an appeal of this determination, trading of the Company's American Depositary Shares will be suspended at the opening of business on March 14, 2016, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the "SEC"), which will remove the Company's securities from listing and registration on the Nasdaq Stock Market.
The Company is considering whether it will appeal NASDAQ's determination to a Hearings Panel (the "Panel"). A hearing request will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision. If the Company does not appeal NASDAQ's determination to the Panel, the Company's securities may be eligible to continue to be quoted on the OTC Bulletin Board or in the "Pink Sheets."
For more information, please visit http://www.csun-solar.com.
Contact Information:
China Sunergy Co., Ltd.
Wang Zhuo
Phone: + 86 25 5276 6696
Email: ir@chinasunergy.com
Safe Harbor Statement
This announcement may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts in this announcement are forward-looking statements. These forward-looking statements are based on current expectations, assumptions, estimates and projections about the Company and the industry, and involve known and unknown risks and uncertainties, including but not limited to, the Company's failure to maintain its listing qualification due to, among other things, volatility in the Company's ADS price; the Company's ability to raise additional capital or renew existing bank borrowings as they become due to finance the Company's activities; the Company's customers' financial condition and creditworthiness, and their ability to settle accounts receivables; the effectiveness, profitability, and the marketability of its products; litigations and other legal proceedings, including any decisions by the US International Trade Committee and Department of Commerce on the petitions filed; the economic slowdown in China and elsewhere and its impact on the Company's operations; demand for and selling prices of the Company's products, execution of our strategy to expand into downstream solar power businesses, the future trading of the common stock of the Company; the ability of the Company to operate as a public company; the Company's ability in maintaining its liquidity; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; future shortage or availability of the supply of raw materials; impact on cost-competitiveness as a result of entering into long-term arrangements with raw material suppliers and other risks detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-sunergy-announces-receipt-of-delisting-notice-300233226.html
SOURCE China Sunergy Co., Ltd.
Copyright 2016 PR Newswire
Good question!
Need a bunch of the eternally faithful to bite the bullet and buy above .06
Made my day, porky.
The pattern shows Loss of Faith in Management's ability to "bring it".
No PR is going to help -- only earnings PROOF of change of direction in revenue, and real news of a revenue-producing contract, can turn this ship!
If that happens, I will sponsor you a bottle of your favorite ____
Agree with subgrabber, but based on different companies I have invested in, such entities are really interested in acquiring the technology and use their positions to gain access/influence for technology transfer, which can cause co's with unique technologies to lose competitive edge. Also, the big investments are done at a discount sh price that represents unfair advantage over retail investors' access, causing technical damage that can keep prices suppressed for a long time. During this time, related parties can be acquiring at very low prices to protect their investment, keeping prices in the kind of straight-jacket we are seeing. That said, sudden big spikes can later occur that one will miss if not psychic enough to have a GTC sell order set at the right price.
Recommend "IF/THEN conditional sell orders that set a trailing stop if a certain limit criterion is met." This keeps those orders invisible as well, so one is less apt to be taken advantage of by MM's "trading ahead" or other computerized algo cr_p.
JIMHO
See my wild theory from 1 minute ago, approx. -- I may have responded to subgrabber's reply but meant to respond to your observation at the same time...
The first two, I doubt are the "itchy fingers", do not know about the third. Someone or a pair controlling perhaps 4 Million of the daily trade, could be profiting .005/share, for a gain of $100K/ week, or $400K/ month. If they keep this up for a YEAR, they'll have made 5 million. Is that their game? Because trading has been in a notably unnatural straight jacket for too many weeks now...
Very much so, treading water... But exhausting the patience of risk averse itchy fingers...
ROYL sure went for a huge run recently. Wish I had stayed there longer, and waited to increase position in Asti until after their earnings. This thing is in a Straight Jacket! Painful to watch! Let's just pray that when it starts to move, the direction is the right one.
Good luck, hope it doesn't take long. I don't know about these policies. Many newer banking laws in this country.
It's like watching water waiting to boil.
Yeah, the 6 digit trading. The famous Flash Boys!
Except that, if they have any real chance at a DOD or other government contract, they HAVE to be able to ramp up production quickly, so they would not be 'trimming their sails' , and risk inability to respond quickly if they receive a big contract.
Some government contracts are decided on an annual basis, April-may, for example, but fiscal years may not begin until July 1, for example. I don't know if the company can even comment on WHEN they would hear IF they expected any contract.
I know these days do to The Patriot Act, they want a residential street address, but I did not US citizenship was required to open an account. That seems absurd? Why don't you ask ETrade about their policies, or the two I mentioned. Some big banks have investment/trading accounts but maybe not all the active trading features of the brokerages. Good luck. Maybe do some internet research for your special situation?
Geez, one wonders if they have been involved in shorting after buying at those high prices, to protect their investment, profiting from controlling so much of the daily volume...
Be great to see one heck of a short squeeze one day soon. I have not thought short interest had any influence at all on share price in recent weeks, with prices so depressed, but one wonders how a major investor like that would have been dealing with the massive losses.
Thanks very much for translating this!
My sense is that they have "a long row to hoe" before they will have clinical data on anything, but that they hope to push and profit from the Theoretical potential of the Cell-in-a-box and rights to the Melligen cell lines, by licensing the patents etc. to other labs who want to test or develop potential applications. The main thing it seems to have going for it is that failed clinical trials that would cause a price plunge are way out in time.
And it seems impossible to assess their ability to monetize the novel technology through licensing to third parties right now.
Well, the video you shared was an eye opener to me, as it seems to show the blazing speed at which competitive computerized trading based on algorithms allow the MMs handling orders to keep the action locked in to very small spreads, almost locking out small investors - until very brief pauses in time where volume drops -- and where the orders of 'real people' are finally filled. One learns that the bids and asks flashed before us are often deceptive -- and, without insight into the 'depth of field' behind the visible prices at each MM, ... Well, little guys sure do get pushed to the fringes as far as what tiny profits are made possible on these sorts of stocks.
Though there is really no comparison between the nature of the companies, I was encouraged to watch ROYL go from 7-8 cents during transition to OTCQB, to hitting 50 cents yesterday. Was only disappointed that I cleared out at 28 and 33 cents. I'd really like to see those working so hard on this board to decipher what the heck is going on with ASTI, to see a 400% increase from this 5-6 cents "purgatory".