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It won´t help the PPS when we will be writing GO! MVIS GO! :)
I noticed bigger volume in last days - IMO - it was not only because of overall market situation - part of it could be closing the short positions - I am checking the short ratio daily now, so we will see if it will change
This should be good for us:
SEC Stiffens Short-Selling Rules Amid Market Turmoil (Update2)
By Jesse Westbrook and Edgar Ortega
Sept. 17 (Bloomberg) -- The U.S. Securities and Exchange Commission stiffened rules against manipulative short-selling after a market rout pushed American International Group Inc. to the brink of collapse and triggered Lehman Brothers Holdings Inc.'s bankruptcy.
The SEC adopted two regulations today that may pressure traders and brokers to actually borrow shares used in all short sales, amid concern investors are driving down prices by flooding markets with sell orders. A third rule makes it a securities fraud when sellers deceive brokers about delivering borrowed shares to buyers.
``These several actions today make it crystal clear that the SEC has zero tolerance for abusive'' short-selling, SEC Chairman Christopher Cox said in a statement on the rules that take effect tomorrow.
Lawmakers including U.S. Senate Banking Committee Chairman Christopher Dodd and regulators say short sellers may have contributed to a crisis by spreading false information and using abusive tactics to attack companies. Hedge funds and other investors argue that poor business strategies are to blame, not short sellers.
In traditional short sales, traders borrow shares that they then sell. If the price drops, they profit by buying back the stock, repaying the loan and pocketing the difference.
The SEC rules approved today target so-called naked short- selling, in which traders never borrow shares from their brokers. The agency is concerned that such a strategy can free investors to manipulate prices by placing unlimited sell orders.
Market-Makers
One SEC regulation eliminates an exemption for options market-makers to deliver shares of companies placed on so-called threshold lists. Companies are listed when they have a high number of borrowed shares that haven't been delivered.
The rule will make it harder for options market-makers to hedge trades when they sell put contracts, said Stephen J. Nelson, a securities lawyer in White Plains, New York.
``If you want to short the stock you're going to have to deliver it, and the only way to really do that is to pre- borrow,'' Nelson said. ``Professional traders are not in the business of taking that kind of risk. They would be very reluctant to face the five-day window because buy-in can be very expensive.''
A second SEC rule imposes penalties on brokers if their clients haven't delivered shares to buyers three days after a short sale. For the specific security that hasn't been delivered, the mandate restricts brokers from conducting additional short sales on behalf of all their customers. The SEC will seek public comment on the change for 30 days.
Fraud
The SEC also approved a rule drafted in March that would make it a fraud for investors to lie to their broker about locating shares to sell short. Currently, brokers are able to rely on their customers' assurance that they had located shares that could be used to cover a short sale.
The SEC rules don't reinstitute an ``emergency'' order that expired last month, which restricted short-selling in Lehman, Fannie Mae, Freddie Mac and 16 securities firms. The order required investors betting on a decline in stock prices to arrange to borrow the shares before completing a sale.
Lehman, hurt by writedowns on mortgages securities, on Sept. 15 filed the largest U.S. bankruptcy after its shares slid 77 percent last week. The Federal Reserve took over AIG yesterday and used emergency powers to lend the insurer $85 billion after losses threatened to trigger its insolvency.
The SEC declined to bring back the so-called uptick rule, which allowed short sales only if a preceding trade boosted a company's stock price. Lawmakers such as U.S. Senator Charles Schumer, a New York Democrat, have questioned the agency's June 2007 decision to remove the rule.
To contact the reporter on this story: Jesse Westbrook in Washington at jwestbrook1@bloomberg.net; Edgar Ortega in New York at ebarrales@bloomberg.net.
Thanks for that!
Why you want buy-back? It is not reasonable - I would prefer him to run the operation with the money he has instead of buying shares
This is nice! MVIS has good plan and good potential - we just need some time and hopefully we will see results
IHMO - when ALRY will go up, HMGP will go up too - it is the same kind of company - it is just about to survive until they are again "IN"
funny think is, you are always here when we go down...coincidence?
That 400,- dollar trade is very, but very horrible :) LOL!
and what about iTit? maybe MVIS can do some application for this toy too :)) (I found it on one website)
Apple announced today that it has developed a breast implant that can store
and play music. The iTit will cost from $499 to $699, depending on cup
and speaker size.
This is considered a major social breakthrough, because women are always
complaining about men staring at their breasts and not listening to them.
I just don´t know, if it is good or bad ? Any ideas?
If they moved it to 2.00 - there will be good manipulation :) At least for me LOL
Yea - I am reading them all - positive and also negative opinions (and I think I have my own opinion :)), but what Tulsan is doing (that stupid questions - or not stupid, but question like from 5 year old child) pissed me sometimes off...I just want to put Tulsan on ignore :)
Why are you still here? You don´t like the company - sell shares and please leave! Your repeating questions are making me nervous (and the ignore function is not working on you) - Why are you asking these things us, and not the company? You said you live in that area? So what is your problem? Sell some shares of ALRY, buy some gas and go there and ask all the questions you are asking here...We will all appreciate the answers - thanks
ps: why is the "ignore user" function not working? does anybody know? Thanks
Thanks Nuggetman - I liked the part about not telling time frame of repairing the booster most :)
As you said - All takes time!
Nothing happens - you know how people can panic from rumor :)
Jagman - read it one more time and more carefully please - He wrote that we are not producing at his expectations - not that we are not producing!
Nice - thanks!
Maybe you are right, but I like Nasdaq more :) But I think it is impossible to go right to Nasdaq from OTC...
when up-listing - I hope for higher exchange then AMEX - Amex is like OTC - IHMO - no big differences...or at least from what I experienced with my other company ...
I thought so - thanks for that - IHMO - that can have good impact on PPS - when people will see institutions buying
higher exchange - that is why i am considering that "high" O/S - none of other companies - or most i looked at don´t have such big O/s
One more question: why are institutions from recent PP not listed on the list of institutional holdings of DPDW
http://www.nasdaq.com/asp/holdings.asp?symbol=DPDW&selected=DPDW
Is it because it was PP and not buying at open market? Or will they be added there later? Thanks
I agree - I like DPDW and I am in, I believe in strong future here - I just wanted to point out 1 thing which differs us from other companies like DPDW - the O/S is the only think I don´t like here - everything else I like very much
and IHMO we are not oil depending - as you said - it is about sector + little MM games here
The only thing I don´t like at that comparison is O/S number - DPDW has 2-times bigger - how would management work out this?
Nice - when you look here - it seems that 4 different people were buying since the PP - and CEO also - it could be good signal :)
http://www.finviz.com/quote.ashx?t=mvis
What positive could happen? This needs just time and probably some more cash in the future and everything will be fine...
I wear mine in fitness to show people how strong DPDW is! LOL
Nice - this should be in Ibox IMO
BTW: Thanks for that info HJH :)
That means, we have at least 500 k shares turn from restricted to normal per month (if we have weekly reports from T/A we will have more exact numbers and timelines)- people - we are here scared from this? From this 500 k dumped? Funny
2 choices:
1. We will wait until restricted shares will dry up - this can send the PPS down (but when it will be down, we will have more volume and easier way to take away that 500K)
2. we need more volume - to take this 500 K away - that means more news, more words from company...
IHMO - ALRY won´t tell us who have this shares - either they don´t know, or they can´t. What is importat here is, that the company is no more dumping and printing!
ALl is just IHMO
I was not reading them for a long time...I was few times in and out and now I have HTM only at watchlist - I know they had some troubles out there, so I am waiting for some positive moves...
? why? what is on plan at that time?
when you will be there - don´t forget to say hi into the camera :) we will be watching you :)
I still believe he has a plan - you remember what was written in that PR about campaign?
here it is: quoted:
Allenergy will now begin a campaign to share with the public and
potential investors the Allenergy story by hiring a public relations firm to disseminate the story into hundreds of publications and web sites throughout the country in the coming months.
My guess is, it is just 1st month - so what? It begins - but it doesn´t end for now...Listen - I don´t know Larry personal but when I look at some of his moves (for example hiring REX crew, paying out the debt and so) I thing I he is doing good - When you start a awareness campaign to introduced something to the public (and in such a hard economic times like now) - It will take time...We don´t know what everything is beside schemes / what everything is necessary to do and so - and I guess It does not only depend on Larry - it also depends for example on the IR - and what we know - maybe the IR Larry choose is not good - maybe they screw it up...
I am here, and probably will be here some more time because I think I believe in Larry (for now) - maybe I am wrong, maybe not - we will see
It is ease to scare people - but it is hard to make them to believe in you...
For example - I am a basher and I want to scare a lot of people at Ihub - what will I do? I will buy some shares of the company I am going to bash...I will write something bad about the company, CEO and so...and after time, I will dump my shares at low price - the lower the better and after that I will write about it how right I was (Of course I will loose my money, but believe or not, some people are like this - they don´t care about loosing money (they have probably a lot of them) they just want to prove something to them - they they are right, they know etc...
Ok - looks like this board is so f*ck*d up that I will probably chancel it from my favorites - why to care about all people always crying about their investment - Either you know what you own and where you are (pinky) or not - I know this is gamble and i will let it be...see ya
Maybe you are right, but look at it from other perspective: ALRY will / is producing and will be producing more barrels - Larry will write PR about it - we will know about it but almost nobody else...and then he will start the campaign
Or: First he will get the attention of people by this campaign and then he will release the numbers of produced barrels - what you think will have better effect? IHMO the second choise - we have to look into the future
As Larry said: Patience and time will tell if we are bagholders or not....
You all can notice, that today´s drop in PPS is just about 210,- USD worth...
Allenergy's Press Coverage Expands
Last update: 9:53 a.m. EDT Aug. 14, 2008
INDEPENDENCE, Kan., Aug 14, 2008 /PRNewswire-FirstCall via COMTEX/ -- Allenergy, Inc. (Pink Sheets: ALRY), a profitable independent oil and gas producer focused on Southeastern Kansas, today announces the expansion of the press coverage on the company.
The initial article is now appearing on over 350 web sites nationwide. Everyday the story is acquired by additional news outlets. Many newspapers, magazines, and journals are now picking up the story for release in their upcoming fall issues. Some publications are also rewriting the story to further attract their readers.
Larry Sanford CEO of Allenergy states, "We recognize that this process takes time but we are excited about the continual interest Allenergy is gaining from the coverage. We are appreciative of our shareholders' patience and look forward to a share price that is more in line with the company's real value."
The list below represents an additional small cross section of some of the web sites now posting the Allenergy story.
WNBC.com New York
http://www.wnbc.com/money/16927449/detail.html
ThePittsburghchannel.com
http://www.thepittsburghchannel.com/money/16927449/detail.html
KNBC.com Los Angeles
http://www.knbc.com/money/16927449/detail.html
Click2houston.com
http://www.click2houston.com/technology/16927513/detail.html
Saukvalley.com Illinois
http://www.saukvalley.com/ara/tech_talk_and_innovation/7680.txt
About Allenergy: Allenergy, Inc. (Pink Sheets: ALRY) is an independent energy company strategically focused on Southeastern Kansas where it currently holds approximately 4,740 acres of leased land with more than 150 oil and gas wells on its producing properties.
For more information about the Company, please visit http://www.allenergyinc.com
Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
Contacts: Larry Sanford
Lsanford2@aol.com
Allenergy, Inc.: 620/331-9992
E&E Communications Paul Knopick, (949) 707-5365
pknopick@eandecommunications.com
SOURCE Allenergy, Inc.
http://www.allenergyinc.com
you are previous CEO of ALRy or why you hate him so much?
Maybe they just want to fill the gap...maybe...long therm good - short therm s*xs
Maybe it will be also fun - I am not from US so I can´t joim, but if I were from there, I would :) At least some fun :)
Looks like busy trading day here :) Just kidding - don´t take me serious :)
HOPE is not good strategy of investment IHMO - but I am hoping for the same because I am stucked here for now...:)