Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Go Carmine!
Not necessarily. Prudent to wait on confirmation.
IHub had a data feed interruption due to a fibre optic cable being damaged, I was told. If your only quote source was iHub, that might be why u saw no trades. Try OTCmarkets.com as but one alternative.
Exactly. A 3 month buying pattern.
Sure you can sell... At the bid.
AERG showing some subtle strength
Why, Martin.... You are a breath of fresh air in a stifling tiny airless room!
This chart looks Good.
Their push in Mexico seems quite promising, as well as customer service based in US... Which I for one appreciate.
Until shares are 1 cent -- without a reverse split -- there is nothing to talk about, shareholders are not interested in any so-called "news", there is no credibility until they have restored shares to 1 cent.
Unfathomable. However, debt situation is hardly worse now than it was Jan 2014 -- when it was trading between .0033 and .0050 -- yet there is now the illusion of some vague source of funding. Does this "new funding" offset all the dilution?
"Only the Shadow knows...."
Any predictions or targets?
Why do you say financing less that a week away?
BTW the 30 million shares DOES correspond to what JMJ was permitted to sell to reduce the loan terms, which I will not characterize...
I believe AERG can recapture 4 cents mark
Thanks. I am unable to private reply.
If someone was trying to make money on the ask, they would dry up the supply at .0002 (and on up to .005). The abundant supply at .0002 is the most curious thing, as only those who bought at .0001 could profit by selling at this price. $26,000 on the ask -- who would invest that at this chronically depressed share price?
It only makes any sense as a way to pay debt -- over a geologic time period. Getting so old....
Unless you control it, I don't see how you can state that as a fact
Early March 2014 had reached 5 cents, and it seems like the overall situation would be more positive from here, with costs cut and the potential still there??
All of the supply below .002 has got to get taken out, before there is any point in discussing this stock
All good questions!
What 20 do you mean, MA? Needs to break MA50 on your chart. I think 0.0165 is feasible on any real interest. It is dormant but they (are said to) have valuable patents. The 8-K's and 10-K's past 2-3 years have never seemed to oversell it, but to humbly admit reality. That's more than can be said for many in this price range.
May recover to 2 cents on any important investors interest??
You're too subtle, Goldland.
Who d'ya mean???
No one bought 100 M shares yet -- they only bid. They bought 61 M.
If the seller had any sense, they would ask .003 or .004 or .005. One would be amazed what could happen if the constant over-supply at .002 were removed.
I agree -- RS is a death march.
Rocketstocks wrote:
99% of penny stocks that reverse split see massive losses afterwards because they destroyed their share structure and are doing it to redilute the common holders, AFTER reducing their percentage ownership to practically nothing.
The only time a RS makes sense for a penny stock is when they are cash flow positive and doing so to uplist, otherwise its viewed as a SERIOUS negative.
GHCD has lost 90% post R/S (in less than 1 year) and SFMI has lost 99% since their last RS... They need to raise millions of dollars which would destroy the current holders post RS, hence the reason why its trading at .0001 imo.
IMO they are selling everything they can right now and will regrant their shares back themselves after they wipe the comon holders out... Seen this scenario 100's of times in my 20 years of penny trading. It NEVER ends well.
Go Carmine! Keep the positive energy flowing.
Keep that thought, Carmine. Some of us have lost several of their nine lives over the behavior of this thing since 2013. Even when it had fallen, there still seemed to be a kind of rhyme or reason or "integrity" to the way it traded ...... Until there wasn't.
I think lives would be saved if that integrity were to come back.
It happens with some other penny stocks -- annual or twice annual or quarterly buys by officers. In this case, it looked like the officer started buying Dec 5 -- I saw the pattern begin -- and it topped out the next Tuesday above where one could have hoped for a short term move (.033). This only made any sense to me if some had said to their broker, in essence, "Buy x number of shares among those available for sale". Most of the shares traded about .0125- .015, but a few made it to 0.033 as if to fill a buy order quota.
Seems odd that an over-supply of 90 million shares for sale at 0.0002 just sits there, given recent news. Would have thought such news would allow recovery to the 1 cent mark at least.
Seems this has been damaged so long it is no longer on anyone's radar outside of a few insiders, and some terribly burnt shareholders who have lost all faith and are not believing in the recent news release.
Executives often buy a set amount of stock in set time periods, some distance away from filings. Thus, a purchase spanning 3 days (Dec 5, 8 and 9) could include quite innocently a few shares with outlier values, depending on what open orders sellers had out there in that specific time window.
Looked like one was a grant in shares for services, immediately converted to cash thru open market sale. The other with code "F" might have been a forfeit to meet tax obligations -- I am not at all certain. The immediate conversion to cash suggested possible uncertainty about near-future prospects of the company in one interpretation, but there could be other personal reasons that individual chose to take cash not hold the shares. It is ambiguous, the meaning, in my viewpoint. The company is trying to preserve cash by paying in shares, obviously. We already know they are at least temporarily distressed by the share price performance.
"REALITY IS NOT NEGATIVITY
DELUSION IS NOT POSITIVITY IT'S BORDERING ON INSANITY"
Galileo got in really a lot of trouble for his delusions, and was sentenced to 300 years under house arrest.
Paying the debt would be obviously possible, if the officers have the resources that have been suggested on this forum.
Thanks Martin1.
It seemed there had been too much negative attention to the company for an announcement of potential funding to have been made-up from thin air if there were no basis in fact.
All I said was, 3 to 5 cents would make me ecstatic. Feeling just ARE -- no point to debate them.
Go Carmine -- keep the positive thinking going. I'd be ecstatic if it's ever 3 to 5 cents again in this lifetime.
There was a little fledgling hop last March 17, if I recall.
Rocketstocks --
You make too much sense....
But some of us have been reduced to deep prayer and various states of mental dissociation over this. Don't begrudge us our crumbs of hope.
Martin1 -- keep the positive thinking going.