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Or I wonder if after an increase in trading this is that period when those in the know stop until news comes out
I rarely post, but must agree with energybuyer this time. If you look at the charts, the fact the price stays low is just a matter of someone or someones wanting it to stay low. The volume has remained more steady, the occasional big sell is probably someone giving up, but I still have a good feeling. Good luck to us longs.
This one what is for real?
It is obvious, there are buyers out there. But with people willing to sell cheap, why raise the bid? If the bid sellers would stop selling at bid and the people at ask would always put just 500 shares at ask and then if it sells raise the next 500 at least a penny and test where the buyers would go, we could be maybe 30 cents maybe 40 cents who knows where?
Been watching oil. Finally prices drifting back to the $60 a barrel range again. Did meet a guy who says battery technology improving, soon electric cars will be reliable, but will the girls dig em?
With all the Covid and riots, oops , peaceful demonstrations, I hope everyone is keeping safe. If you live in NYC, sorry you voted for both idiots. But have you all seen the prices in Tahiti, time to go.
Don’t tell MysteryMeat he will just tell you some BS. I know there are about 50-100 of us old timers who have been patient, saying this is the year. I still go back to the fact the company share profile is unchanged and they continue to publish the same plan. I for one will remain patient.
I don’t get these bid whackers. The stock will move up if they just sit at their price. I see lots of negative Nellies on this site, but I ignore them. I have not been totally honest. I owned at one time about 4 million shares. I have sold 2 million at an average price of 68 cents, I paid an average of 6 cents. So, Naysayers can say what they want, I am in it for the long haul. I see no reason to sell at 20 or even thirty cents area. This stock will be a 1-2 dollar stock, probably would have been if not for the Democrats and Chinese. But it will be again in my opinion. AND SINCE I AM NOW PLAYING WITH THEIR MONEY, I WILL WAIT.
To BBall. I do not have ability to do Private message. I actually just lost my job, but still will not sell my stock unless I am absolutely penniless. I have seen this stock make a run too many times on news and figure it just takes once for the news to materialize into reality and us to be at $2 a share.
NO PROBLEM, then sell all your stock at this price and get out. Plenty of people happy to buy from a company that is almost 10 years old, no dilution, keeps moving forward, has ownership of a company that has a product and while may not have value yet, I and others believe will have value in the future. Hoe many shares do you have? I will give you 10 cents a share, since you think the company is overrated I think that is pretty good.
Come on Gator, manipulation is right. Either people are dumping and if they want to I am happy to buy their cheap stock, or people are knocking it down to then buy back larger quantities at a nice low price. There is interest, over 500,000 shares in 3 months sold and BOUGHT. I am content to wait for players to give up and watch it go up slowly but surely to true value.
I have followed company for 8-10 years. No dilution, except creation of South American version, probably necessary for greasing palms. Price and volume definitely up and down, before this whole Covid 19 it seemed something was in the works from volume, one can only hope. This stock is a little like a religion, they don’t put out news often but when they do it is usually good honest news. So you buy on faith, but as one who has made double his money back already, I;m pretty faithful.
Why, I thought something was coming too, but nothing.
I again wonder, there was a post where they said they were gonna buy back shares, maybe they are trying to keep prices low so they can buy back shares on their own at a low price.
I was enjoying increase in volume but it is slowing down. Hope next week brings an uptick in volume again
What I was glad to see, sorry to be more greedy, was that it almost looked like the buyers might have pushed past the bid whacker who sits at 35 cents.
I also would not be surprised to see the company keeping price down so they can buy back shares. Now is the time to buy, buy, buy I think. Could be wrong, but it just hasn’t been this active in a long time.
I have to agree. There have been over 275,000 shares traded in the last 2 weeks. You and the bid whacked can try to convince me that there is no news or bad news but that is almost 10 times the monthly average. Something good this way comes. This month or next month I would bet, but yes I have no proof, just a lot of volume for this company, and most of it has been green buys.
The projects have been dependent on oil prices. The company has been working towards moving forward as far as I can tell. The only reason we are not at $.70-.90 cents right now is a market guy who is trying to keep it low until he is ready to buy a bunch, I think. Why else sell shares at the bid on a day that shares are selling at the ask?
Personally I agree with Las Nubes, everyone dump your stock at a penny before it is worthless.
Actually I think everyone dump your stock at a penny before it is worth a dollar so I can get another 100,000 or so shares. You can be as cautious or as reckless as you want. I point out that the buyers keep buying, and keep their willingness to raise the price, but someone keeps trying to keep the price down. It would appear someone or someones want those who hold shares to believe this is a worthless stock. Why else sell at bid when buyers are buying at the ask? Without the bidwhackers we would still be at the 70-80 cent a share range, and maybe higher.
I guess we will keep playing $2-$20 buy and sells to try to keep price down until
some kind of news hits. I once bought in to a company making an electronic wallet. It held all your cards and could imprint on to the one card to use whichever one you wanted.
Problem, they hit the ground with a bang but never got an advertising campaign or real news to
the stockholders of their financials. Rumors hit and they ultimately went under.
This company will succeed in my opinion as they have a solid 10 years of hanging in there,
slugging it out on these projects. Nice to see oil prices go up, and the last release was good, waiting with bated breath for the next.
I don’t mind valid discussion on this company. But you are just a fear mongerer. There is a name for people like that, sociopathic day traders. The funny part is, you can make money on this or other stocks without lying and unfounded BS, but you want the maximum profit, worship of money will make you lose it all.
May still be 20-50 cents but no dilution games on this one. Initially bought a few million shares. Had to sell some to pay divorce settlement but have more than quadrupled my return so far.
Look, I love the potential of this stock, but let's be honest.
News hit over 1 month ago and made promises. None of which have materialized yet.
I believe they will. I believe the seller will regret it. But they lost faith waiting 5-6 weeks for follow up.
Lesson learned. Hopefully in 1-2 weeks or 1-2 months, follow up will come and they will regret selling.
I love the possibilities of this company. Someone needs to teach them how to close a contract. We hit 75 cents+ then fell. Oil is up, close that contract and post audited financials and watch us climb to $2, $3, maybe even $10.
Tomorrow is exactly 3 weeks since the Update. There were 3 projects mentioned. Nataly may be delayed according to the update but Project 2 and 3 should give a steady income to the stock according to how I read it. Since this company, as irritating as they are, only posts when they have something to post, I would bet that we are weeks or days from the Non-disclosure criteria being met, and news coming out that allows another burst in price, probably sustainable. I have a watched a couple of naysayers on here, and then some stock gets bought low the next few days. Coincidence? Good Luck Longs.
Seems like every time this stock has a chance to break out sellers at ask kill momentum. If there are enough people who want it to move just need to buy those shares until they have no more, otherwise we will be back in the 20’s again.
Callem,
How about you sell your shares and maybe we will get the project done and the rest off us can make some money on this stock.
I believe you. Just wonder why none of this news has made the US boards
The last news was in 2015. The last run up was in 2017 or early 2018 on no news. The real question is when do they do something that causes news, causes a run up, and will they release the data needed for a jump to a real exchange. We all hope yes. If they can it will justify the 8plus years some of us have stood behind this stock. Here’s to a prosperous New Year.
I too heard speculation and am a believer as opposed to the non-believers. Yes, some news would be good. To be even $2 is going to require a bit more than just us saying so, so we will keep watching for news.
And you can see how much my post affected the stock it .....DID NOTHING, LOL.
Unless some idiot posts something truly negative, and has the PROOF to back it up,
this stock will keep meandering until, if and or when something happens. You and I
obviously believe something is going to happen and that that something will be good.
But we have no proof either way. We are just believers. We have heard rumors of gas wells
in Columbia, and shipping and trucking, all based on Altenesol, and we see the company
seems to be thriving and surviving. You and I have been here form the start, and maybe next
year we will see reward. It is the Mantra of an IAHL investor, maybe next year. The evidence we do
have is the multiple run ups, and the attempt to run up higher, always sabotaged by somebody. Some day news will hit at the same time as the run up and the sabotaged will be sabotaged themselves.
May you have a Happy, Healthy, and PROSPEROUS New Year.
And to continue: with the naysayers claiming all sorts of things positive discussions, or better, even snippets of news to come, would shut those people up. So, bottom line, I do not believe the post was a negative post against a stock I have owned over 8 years, and have many shares of. But I will echo others, even if there is a reason full disclosure can’t occur, can you throw us stockholders a bone? LOL
I was told in a private post that my posts might be considered negative posts toward the company. I didn’t think so, I had questioned the previous poster’s logic, and the intent was to create discussion. I think people agree that quiet and lack of any information whatsoever create a negative aura, while people discussing a stock, especially if there are more positive posts and ideas than negative, tends to bolster a stock. The biggest complaint on the Board has been the lack of any significant news in a long time. There must be a reason
And the market is green across the board, not red, up over $100
I never understand that kind of thinking. Buyers waiting until the sellers are gone? You would think if this stock is about to explode the buyers would be buying every chance they get. I guess I just don’t understand.
Nice moves these last couple of days. Maybe a harbinger of news, or
even better financials and other items to prepare for jump to a Board.
I have but only when I need a little extra to make alimony.
I keep expecting news any day. When the stock surged months ago I figured weeks until news and made plans based on that. I hope we see news soon, if we can pass a buck I can use my stock as collateral, if not come end of year I may have to sell some more. Know they had all sorts of plans and Latin American time is slower than US time but still, it has been months and months. Maybe tomorrow?
It is interesting, my attorney who specializes in IRS issues won't invest in penny stocks but says when the bid-ask gap narrows, DO NOT SELL, that is when something big is about to occur. Yet that is when our seller tries to whack it. I think they are deliberately trying to keep the price artificially low.