Pharma and a few penny stocks
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True
They could have sold at 7 yesterday LOL. Never understand these stack traders.
Looks like a load wall to me. If they want to lose shares they soon will LOL
aggressive shake and load wall this morning LOL
Market closed tomorrow and then open again Thursday
They actually bought the pvc plant in the Spring so it has been many months and they released PRs that stated a big deal was in the works and that DD was going on and calculations etc. etc. This last big PR was 8 months in the making for the company. That is why if they were looking to make fast cash why wait 8 months???
MARKET CLOSED WEDNESDAY
http://fortune.com/2018/12/01/nyse-closed-wednesday-bush/
MARKET CLOSED WEDNESDAY
http://fortune.com/2018/12/01/nyse-closed-wednesday-bush/
I disagree. If it was real dilution then we would be at .0004 or lower. This looks like retail flipping from .0005 or .0006 to .0007 or .0008. You see this crap all the time. People stack the ask after they bought one or two ticker lower. Next news could blow the doors off this thing
LOL. I think in less than 90 days we will know what is happening here
Agree. SEC Lawyer too so we should be good
Yes lots of meat in there too
Reports indicate that it has been concentrating on the manufacturing exercise over the past several months. The reports further indicate that the business is currently undertaking the final steps in the signing of the contract.
LCG PLASTECH - OLDER VIDEO BUT WORTH WATCHING
Good to see you here SW. I am looking to reenter soon as news drops that is tasty
3 times a charm. I have been in and out of this thing a few times and it has yet to let me down. STRENGTH
I think so too
Agree
I think this is a longer hold but once we start getting news of pipes being delivered then we go big. My new 2019 long hold :)
once 7 bid starts building we could see a bigger move. .0008 could drop off fast
if more news of the deal drops we could jump fast
8s flashed for a bit. MATTER OF TIME
Perfect pullback. This is a tech play as much as a news plat IMO
Anyone get 5s? 6s should be HOT HOT HOT
.0007 is super thin and .0006 with 32.2 million on the bid
Anyone sell at 5? LOL!!!! This will bounce once the next phase starts.
LOL!!!! The company is in India that is supplying the PVC pipes. LOL!!!!
Busy weekend. Lots of chatter.
This is over a 2 year period.. Keep that in mind.
This popped from .0003 where I loaded and averaged down. Sold and bought back a few times. This trades very well IMO.
ATM machine another multiple profit day.
Call me crazy but I added shares today. I love a Good Friday dip. When it was sitting st .0004 I bet people didn’t expect it to hit .0017 the next day either. TGIF
From Nov 20 PR
The company has been working on this order over the last several months and is in the final details of the contract and due diligence to complete this contract. All details and amounts of materials needed for manufacturing are being calculated to set up the needed manufacturing to fulfill this order. This contract would cause IMD to be required to become a fully reporting company because of the increased revenues. This order will change the landscape for LCG Plastech as a subsidiary of IMD Companies, Inc.
They bought the company in April and just announced the deal this week.
That’s 7 months. That doesn’t sound like a scam or a quick dupe deal to me.
I agree. I used to live by a large auto plant and I would see the line workers buying booze before going in to start their shifts. No wonder our cars explode and catch on fire. They can produce 1 million pounds of pipe running one shift a day for a year. 2 shifts 2 million. 3 shifts 3 million. PVC pipe is very light. I think they can achieve this.
MUST READ.. Local US GOVERNMENTS WILL SPEND 300 billion over the next decade.
https://www.google.com/amp/s/www.nytimes.com/2017/11/10/climate/water-pipes-plastic-lead.amp.html
Running one shift a day for a year LCG Plastech can produce
1058218.86 pounds Of PVC pipe. PVC pipe is super light. So over a million pounds of pipe sounds like they can handle huge orders...