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Yep RVD, Smart Home discontinued the Eco-i-Lite.
But on a more positive note they do have the "Capstone Industries 0255 C-Lite 12 LED Wireless Motion Sensor Light" for sale.
And believe it or not, for a real blast from the past, they still have available all of the Simply Comfort memory foam gadgets that nobody else apparently wanted:
http://www.smarthome.com/_/ProductResults.aspx?Ntt=Capstone
Right RVD, The flaslight section
of the Hardware Department.
If you're phoning a store to inquire about the Eco-i-Lite, ask for the Hardware Department, otherwise they may try to switch you to the Lighting Department, and "Lighting" won't know what you're talking about.
They don't get much bigger than this.
Don't know if it's s "blackout" or not.
But I did pose thar exact question to our friends at the SEC yesterday along with a head's up on the very strange trading over the past few days.
I doubt that was what put an end to the nonsense, but who knows. An inquiry from the SEC can have a chilling effect on some shenanigans.
Thanks RVD, that was helpful
While your "home store" lists only one unit in stock, other Home Depot stores within a 50 mile radius of yours generally appear to have more Eco-i-Lites available. Their usual inventory appears to be 5 - 7 units although many stores vary from this with the largest quantity being around 12 and the lower quantity being, of course, "zip".
I got similar results within the greater Atlanta area. Some stores I called because they showed a zero inventory, indicated that they had not reordered but that the Store SKU #683425 was an active number. This contradicts some information I have from a reliable source so I'll continue to try to resolve the conflict.
If others are checking inventory and availability in their areas, it's much easier to inquire using the SKU #683425 than trying to explain to an HD employee what an Eco-i-Lite is. By the way, they are carried in the Hardware Department not Lighting.
Dog, how long ago was that?
I am triple-checking some information I have but I have been unable to locate a specific Home Depot that is, or has been, carrying Eco-i-Lites.
If you, or any other poster can furnish an actual HD store location where you have seen these items on the shelf, I would appreciate the information. (I don't doubt you saw them, just need to know when, and more specifically, where so that I may contact the store directly.)
Only been two years since prices this low.
In late Spring, early Summer of 2010 the pps fluctuated over several weeks between .003 and .006 but with extremely low daily volumes.
Coincidentally, on May 26,2010 the stock also opened at exactly .0048.
And on this day in 2010 the stock's price range was .003 to .004
This message brought to you courtesy of the "Things Could Be Worse" Department
A private transaction(s) makes more sense
But all my data sources are reading like it was open market trading.
Look at the NASDAQ:
http://www.nasdaq.com/symbol/capc
007 was Green and recorded as a "BUY".
But only because the bid was .0066 at the time.
New Company, New Name, New Products, New Era
Open High Low Close Volume
7/18/2006 0.1949 0.1949 0.166 0.169 10,002,260
7/17/2006 0.196 0.225 0.187 0.19 17,140,750
7/18/2012 0.0085 0.0085 0.0061 0.007 1,887,743
Bull, To contact KEI:
Investor Relations:
Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908
Email: dpawlowski@keiadvisors.com
They are very approachable.
Over 400,000 available sub-penny.
Buy Some!
I also wonder where the buyers are?
There still are almost a million shares available that someone is willing to sell sub-penny.
It's not surprising......... the indicators were there as I pointed out yesterday when we closed down 25%.
Thanks RVD
Bull, you can forget about the LED Bulbs.
Capstone is about as likely to compete in this market in the U.S. as they were when they tried to sell rechargeable drills and screwdrivers under the STP Tools brand against established competition.
And they would have competition!:
http://energy.sourceguides.com/businesses/byP/light/LEDLightbulbs/byB/mfg/byN/byName.shtml
Anybody notice the 500 share "signal trades" today?
Looks like we will continue to see some above average trading volume over the next couple of days.
Barcharts returned CAPC to a Strong Sell today.
RVD Please check on this.
I have had some conversations with personnel at the Home Depot Headquarters here in Atlanta and information I am receiving is in conflict with what I am seeing at Capstone. I'd like further verification before sharing this info with the board.
You had mentioned that you saw Eco-i-Lite's on the shelf at a neighborhood Home Depot in your area. Would you please call or check by that store to see if the product is still actively stocked or if they are "selling down" old stock, and let us know? Also, are they stocking any other Capstone product?
Home Depot confirmed that this is the unit that was being stocked:
http://www.capstoneindustries.com/index.php/products/eco3led/
My contacts verified that it should have been Capstone's 0565 Model.
Good catch Smallfish(*), I missed it completely
Just goes to show how you sometimes see what you expect to see rather than what is actually there.
(*) I apologize for using "catch" and "small fish" in the same sentence. No harm intended
There are several theoretical "Postal" scenarios
!) Postal buys 50M on the open market: Very doubtful. On a thinly traded stock like CAPC it would be virtually impossible to do. The attempt alone would shoot the stock price above where he could logically afford the purchase. However, if he did buy "open shares", it would close the gap needed for absolute voting control by insiders.
2) Postal privately buys stock from the Fishers: No harm, no foul. This really wouldn't change anything. Voting share structure among insiders remains the same. Fishers might give him a good price on a package deal if they want out.
3) Postal privately buys Involve LLC shares: From our standpoint this could be the worst scenario but it may be the most likely. This private transaction would not be expected to enhance the stock price. Even worse, it would eliminate the possibility of adding a couple of authorized outside directors who might not act as rubber stamps to the Wallach machine. Further, these shares too could be be used to consolidate overall voting power into the executive. Remember the B2 stealth project? BAD!!!
4) It's all a big Postal bluff: Hey, here's the one I really like. He has no intention of buying shares but figures the fake news will give a gigantic boost to the stock price. Wheeeee! (OK so it's only a pipe dream but wouldn't it be fun if it really worked?)
I agree private transactions are probably not restricted.
The logic is that a private transaction, by not being on the open market, should have no influence on the day to day trading activity and therefore would grant no advantage to the participants who would be presumed to be an informed buyer and seller acting apart from the general market.
You're correct about the Form 4
Great Catch Dog!
For those who want to read the original 8-K go to:
http://biz.yahoo.com/e/120712/chdo8-k.html
I wonder what, or with who, those "privately negotiated transactions" will be?
Hey Jeff, want some stock? Make me an offer I can't refuse. LOL
Bull, When the company comes up with numbers
That KEI can get their teeth into
And that we can post about with pride
While getting rid of 15,000 share days like today
Why shucks, even our gardeners will be in the 1%.
(How's that for positive thinking?)
On 07/12/2006 the stock hit .2350 per share!
At 1:50 in the afternoon of that historic day, exactly six years ago, the stock reached .230 and then momentarily traded at .2350.
This was the culmination of a spectacular, if unwarranted, climb that began only a few days earlier and remains the apogee of price for the stock till this day.
39,357,850 shares of stock changed hands and using the median price of .1936 gives us an approximate dollar volume traded of $7,616,000.00.
Obviously, excitement ran high, there were 635 posts on the message board for that day alone.
Now before anyone points out that it was a different time with different management I want to make it clear that I am not singling out the present management for the current lack of enthusiasm over CAPC.
However, as I write this, we're showing trades of only 8000 shares and all of 2 messages posted to the board.
What has happened to the excitement?
I don't envy KEI their job at all.
Perhaps they're waiting for the earnings report?
If the 10-Q looks good, they might piggyback additional name change and new website design information onto the release for added impact.
And if not good, they might mitigate the damage by showing that the company is making significant changes to enhance their public image.
One way or the other, we should see something within the next 30-something days.
Bull, Who would Spend $2.00 on a trade?
I have mentioned repeatedly that these are signal trades; MM's either wanting stock, or wanting to unload stock in relatively large quantities and signalling their brethren that they could use some help with that.
Dd you notice that the CAPC Ask jumped from 5000 to over 200000 in rapid increments following that signal?
There's a lot written about how Specialist and Market Maners operate and it is easily accessible on the web.
Exactly six years ago today
CHDT traded 26,195,140 shares for a dollar volume of approximately $3,150,000.
On that day, the stock rose from .107 to close at .143, up 33.6%
On that day there were 627 posts on the CHDT message board.
Was it a different company in a different time? - Yes
Did it have different management? - Yes
But most of all, did it have enthusiastic, interested supporters? - 627 posts on a single day........ I'd say Yes!
Was that 1000 share trade a "signal trade"?
Consider this, the bid quantity all afternoon stayed stuck at 5000 until the 1000 share trade showed up at 15:09 and a minute later the bid size shot to 120,000 and the bid itself dropped from .011 to .010 The ask dropped simultaneously from .014 to .013.
Coincidence? Guess we'll see maybe tomorrow.
To clarify some confusion
The trade of 165,000 mentioned by Lucy earlier was actually a partial fill of an order for 300,000 shares placed at 14:39:44 and completed 3 minutes and 43 seconds later at 14:42:27 It took 5 "partials" to satisfy the order.
So in reality, there were only two "trades" today; the one above and the "signal trade" later on at 15:09.
While that one trade was only about $2500
It sure looked better than those millions of shares that have been trading sub-penny over the past couple of weeks, didn't it?
Don't be too quick to condemn that trade
Once again, that appears to be a signal trade indicating that an MM is looking for shares. That could mean, that far from stifling the rally, heavier than normal trading may continue today and/or tomorrow.
After all, if an $11.00 trade can stop a rally, it wasn't much of a rally to begin with?
Why RVD, It's just as clear as mud
Wallach explained Newey's relationship thus:
Good Morning CAPC, Today starts a new week
And the first full week as the Capstone Companies
Will be interesying to see if our big seller completed his program while still basically under the CHDO Flag.
I agree, But it begs the question
Why is a stock with such unique creds today not able to generate positive interest or positive momentum?
Your opinion?
Exactly six years ago it was also a weekend.
CHDT had closed on Friday at just over ten cents a share. On the message board on that Saturday in 2006 there were 119 posts.
People were excited about the stock.!
Had you bought at Friday's close, or Monday mornings low back then you could have made a 50% return in a day or two and a 100% return within five days.
The company wasn't making any money to speak of. Sales were minimal but there was great anticipation involving the new lines of roofing tiles and generators.
People were excited about the stock.!
They had faith in management (whether misplaced or not) and the stock price soared.
The present management wasn't even a cloud on the horizon.
So why today with what on paper is a vastly superior company is the stock selling sub-penny?
In my opinion, Investors who study this stocks recent history do not have faith in management !
I could go on and list reasons for this but they've been rather thoroughly hashed out on this board already. In the long run, it doesn't matter what these reasons are, or even if they are valid, it only matters that they are perceived to be reasons not to invest in the stock at this time.
So rather than endless repetitions of how great a stock this is and how undervalued, wouldn't it be more valuable at this time to thoroughly examine the company, warts and all, and suggest improvements, either on this board or directly to the company and its advisers?
And if anyone has a differing opinion as to what is holding the company back at this time, it certainly should be shared.
Maybe we can again get people excited about the stock
Consider it squashed - that was easy!
Unfortunately that trade of 100 shares
is now on the record books for the first day of Capstone trading and will give anyone referencing the stock a totally unrealistic perception that CAPC "actively" traded between .0090 and .019 on its first day, assuming these limits hold.
So a $1.90 trade now distorts the stock's "New Era" and to see how badly, just look at this chart from today.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CAPC&insttype=Stock&freq=1&show=&time=8
See that big "spike" to .019? Well, we're stuck with it and people may wonder how a stock that traded at .019 fell so precipitously to the close as it probably will,
Bull, that 100 shares was a "signal trade".
However it does appear to indicate that someone is trying to complete a decent "buy" order.
By the way,the last "real" trade was 68.9K at .0090 which also was the latest trade.
lucy, apparently you missed where I said:
Bull, it's statistical data and useful to some.
Second, changing the company name and/or symbol does not make it a new company and it is not starting clean.