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Last time I checked, the way to play biotechs like this is to buy the hype sell the news. Since today is a news day, I would venture to say that the majority are selling, knowing they can buy back cheaper in the following days...
example...
Right now, Mannkind MNKD is in the hype stage. Investors are getting ready for an announcement of what the next step will be for Affrezza and the mgmt restructuring. Maybe even a possible re-partnering. So we have two days of heavy accumulation happening, (even though the company is in bad shape). Now its wait for the news to pull the sell trigger.
Wash rinse repeat. Make money.
You want to chase allusive 10 baggers, go ahead. In a market thats experiencing 300 point swings every other day, I'll take guaranteed cash all day long!
Cheers!
Yikes!
16:27 $ .77 Low 1,058,343
16:27 $ .77 Low 76,241
Impressive
Well I think that its a fair statement that whoever bought the million shares is not trying to sell them right away...as I dont see any million shares blocks on the ask...or any big blocks for that matter.
And can you prove its dilution? We all know that they have shares that are at their disposal to use, but are they using them? Share count shows its still at 279.5 million
So unless you have some inside information you would like to share, its not dilution.
I'll wait for your post to prove its dilution. Please show the document that states WEST gave Southridge X amount of shares for X amount of dollars.
Thanks
No...but the person who scooped them up is up almost 50% on their 10.5K investment...not bad for clicking a mouse a couple times.
Something tells me that your investment portfolio isnt up 50% right now.
Of course I am OK, thanks for asking.
Sometimes you have to concede that pennyland is a dark and twisted place where the wizard behind the curtain is orchestrating something entirely different. No matter how much DD you can do that proves that there is one probable outcome is irrelevant sometimes.
It doesnt matter what the DD points to or how broke WEST is. This has turned into a complete momentum play. PPCH is a joke, but where in the world can you get 700% in a day??
WEST is being set up for a gargantuan run!!!
And I am one of the persons who stood against it, but I bought on Friday at .014...I told you all I have no ego here.This isnt about being right or wrong...its about knowing how to make money!
Did you see what PPCH did this week? The only correlation is that both WEST and PPCH did a deal with Southridge. If accumulation is happening, (which it seems to be by the trading the last few weeks) somebody is getting ready for a spike up. Whether or not its legitimate news, PPCH ran 700% in a day. Are the powers that be setting WEST to do a similar run???
8 ball says "you bet yo ass!"
WEST WILL DO 30 MILLION IN SALES. THEY DID IT BEFORE AND THEY WILL DO IT NOW. I mean, as long as youre making ridiculous predictions based on past events... Like how I put it in CAPS so you know that I REALLY MEAN BUSINESS.
"THAT BOD WILL APPROVE MASSIVE INCREASE IN A/S FOLLOWED BY R/S" You dont know that. That is strictly fiction on your behalf. Its far fetched to say the least. Unless you have a crystal ball, you dont know, and youre making things up. Your reasoning is what, it happened once, it will happen again? What kind of garbage thought process is that?
They have just started using the 85 million shares. How long will it take them to burn through it all...An educated guess would be 2016. Based on they can only draw so much at a time, and generating more cash per quarter will probably slow that process to a degree. And, if there is an increase in share price, lets say .03 for sake of argument, the ratio of cash to shares diluted greatly increases, allowing WEST to generate more cash flow at a reduction of shares into the market.
What is safe to say is that for the year 2015, WEST will use a good portion of the 85 million shares, and has the cash it needs to fund operations successfully.
So let the Q's speak in terms of what will happen, and not your outlandish predictions that are NOT FACTUAL!
Im not sure how WEST is going to "loose" anything. Its hard for a company, no matter what financial condition its in, to loose anything.
Andalay is not like clockwork...to use the phrase like clockwork would insinuate that the are doing something in a timely and consistent matter. A good example would be me posting everyday that Andalay is broke...that is like clockwork.
Save the show for the final and opening act...that makes no sense. Again, poor use of another phrase.
What is today's different story? Maybe a rise in stock price instead of a drop? That would be nice for a change!
Ooorah??? Where is our 10Q?? prediction??? yesterday??? helloooo?
I warned everyone that the language of that PR was sketchy!
And I got my head bitten off because of it. I got it thrown in my face that great things were coming. Thats ok, I think I am the only one here on the right side of the trade.
Theyll learn...I hope...
Hey Cali, If WEST showed a profit of 3 million, that would require a quarterly gross earnings of almost 20M (guessing off the top of my head). And if WEST was doing those kinds of numbers I would be remortgaging my house to free up funds to buy as much as I could! Just to answer your question...not to be confused with what could possibly happen here.
Silly Devane, thinking you could go up against Madhouse with your petty reposting of his own posts, taking his own words and showing that he just spews numbers and talks a big game with no truth. You got owned!! Mad showed you that he doesnt calculate fractions of cents and will not be held accountable for those fractions, even though those fractions amounted to a 25% decline in the stock price. 25%??? PSSSHHHHTT! Childs play when the stock is going to .019 in a few weeks, and .08 in 2022! Next time you will think twice before even talking to Mad in such a disrespectful tone!
LMAO
Its good to see you back Devane. I missed your posts! Its good to see such a highly intelligent individual like yourself weigh in now and again! And that vocab?! Damn. Impressive. Take care...
Mad reminds me of that xfinity commercial where the creepy Rob Lowe says, "and I cant stop saying bro...bro! "
I dont deny that they might have a blowout quarter. If they will do 2 million in sales, doubling last quarters performance thats great! My point is, it doesnt matter. They will not be profitable! I know theyre making progress. They just cannot survive at this pace. They need a cash infusion, and they need it yesterday.
Unless some VC or hedgefund comes forward with a credit line...but thats unlikely due to their history of credit...but I dont know enough about how those deals work to even comment, so I will leave it alone.
Not saying it isnt possible, just becoming more unlikely everyday. In unrelated news, solar sector booming again! Real companies making real progress and real money! MY CSIQ is on fire! But you would expect that from a company that runs 21 % net profitable margins!
Kwok is given 167K a year?!?!?! That means Chan has to make at least that much! Thats almost 400K a year in salaries for just the top two employees. Not to mention what the Board of Directors takes off the top...
Umm shareholders, we only have 439K in the bank! And we still have to pay 12 employees weekly salaries, and our landlord wants his 10.5K on time every month...and Auxin wants their payments for supplies and assembly in a timely manner (and if WEST is doing a million in sales, then WEST has to be ordering a million dollars in supplies). Com Ed and Comcast would like not to cut off WEST utilities, so payments are expected. Not to mention these trade shows have to be expensive, and our sales dept Im sure has expenses traveling around drumming up business.
Lets top this with the fact that the share price is WELL BELOW the .0179 that Southridge has set. That means that at .0179 the absolute most Chan can draw is 1.3 millions dollars. That ratio goes down as the share price drops...and its down a gruesome 20%. That means that we CANNOT draw enough to cover monthly expenses.
This is what you call real time application of how dire the situation is. You can post 1 tier manufacturers, solar installs in Florida, and Hyundai MOUs all day long, but in the end, they are insolvent.
Folks we have lost cabin pressure. Time to put on the oxygen masks to prevent hyperventilation from watching your investment go to ZERO.
Sorry, just facts, no opinions.
Mad, can you please answer nazulya's question about the shares structure for me. I thought since you were the expert on all of WEST's news and information, none would be more qualified to give those technical answers than you. Thanks in advance.
Sorry nazulya, Madhouse will take it from here.
Could you be any more vague??
2 huge solar funds--who? names?
who got what--got what? money? contracts?
2 tier one licensing companies-- names?
ToolS--what tools?
So basically you have no names, no contracts, no amounts, nothing specific...BUT youre bragging about it?? I dont even know what your bragging about? You make no sense! please re-post with names, contracts, signed deals, contract amounts...
Thanks.
Randazzo owns 676,250 shares as of last s-4 3/2014
I am so glad that Madhouse isnt here to hear you say these things. He would have some choice words for you my friend!
No one here knows what toxic financing means, They all think it means that Southridge, a 2 Billion dollar equity firm, invested 5 MILLION in WEST because the shares are going to be sooo valuable one day, they will be glad they got them on the cheap! I mean, thats why they are a 2 Billion dollar equity firm right?! Psshhtt! I know!
Please dont tell them that the cost of production is higher than revenue...please! they dont want to hear it, especially from some obviously jaded investor like you who is only here because you lost money and want revenge!
R&D?? WEST already has the industry leading technology with plug and play! Why would they need a R&D team? Soon no one will be able to install solar rooftops without going through WEST!
Please dont continue forever, this board doesnt want to hear the same facts over and over and over. They want to hear posts like, " wouldnt it be cool if Andalay got the contract from First Solar to do the Apple project? derp derp deeerrpp!"
I am sorry nazulya if you find that this post is mean. But Ive been preaching the same thing now for god knows how long, and these are the objections to my posts that I have gotten. Beware!
My concerns for this company are legitimate. WEST is broke, WEST has to sell shares to cover daily business expenses. WEST has 12 employees that have to get paid somehow. Who here cares for those 12? Me! I do. The sooner this company closes shop, the sooner they can send in resumes to legitimate solar companies that are profitable, and have job security. First Solar has to be hiring, my god they just got an 850 million dollar contract!
Another lecture for me??...awww thanks for you wisdom and advice! I will put it in my file where I keep my newly acquired WEST shares for the cat litter box. You and Muvucker should get together and open a
boys shelter/ foster home. I mean with all this great advice wasted on me, you could be helping lost children find their way threw life! You could call it the CRAZYMUCKER house for boys and girls! You can get them job placement at Andalay shredding 500 million WEST shares when they file BK.
I am cracking myself up!! Who said were not having fun here!!!
You must not read my posts...all I do is have fun and crack myself up. I got yelled at this morning by a board poster, saying that having fun at others expense is cruel and unwarranted (or something to that affect) So now I guess I have to be more serious! lol
WEST is a broke solar company that is in a sector. (I have to make sure to include WEST otherwise people here have my posts deleted for off topic reasons because they dont like me! But "I" have the issues?!?!)
First Solar has more than likely signed a contract with Andalay to do the $850 million solar project with Apple!!
Same thing, right?? I mean, its more than likely...
You said "more than likely" has a contract...is that a legal term for yes, we have a contract, or you just making things up? Thats what I thought...Maybe Cutler Bay just bought them at Lowes because the customer wanted cheap and affordable? I dont know, point is, you dont know either. Rather than post "more than likely" language, why not call Cutler and ask them? That would be good diligent research...
2 Houses?? oh, my bad...maybe only .07 cents then. I got a little excited.
Andalay loses money on every panel they sell. More panels = more money, but that is the wrong equation, more panels needs to equal more profits, but we know thats not the case.
Im glad to know one house in Florida has an Andalay panel on it.
TO DA MOON! .08 Here we come!
According to Cutler Bay Solar Solutions,
"We primarily use Solar World panels. Here is a video about the quality that goes in their production" LOL they even give a youtube video of the quality of Solar Worlds panels!
Guess the Florida Solar swing is happening without Andalay?!
Thanks for posting though...
Oh so you want to silence people who you dont want to hear from, but allow only the people you do?
How Nazi-esque of you...
Please give me the post# and the example of a lie I have told?
Umm Mad, you stated that, "but in the end when your stuck with those shares at the top of the hill and can get rid of them, gameover."
Why would you ever assume that owning stock in WEST would be a liability? (and not only a liability, but gameover?!?!) If this company is on the up and up, and Chan is here to stay and turn this around to the "game changer" you profess so loud about then why would I NOT want to own shares at any price? Seems you've just contradicted everything you stand for?!
Ahhh, see...because you know this is a bull sh!t stock as well. Little Freudian Slip there?
I have to hear you try and back out of this one....I have got all day!
Your post made me laugh Muv. Youre trying to use my words and flip what I said around to make me look bad? Youre so cute!
I need some help though..."Your judgement in character reflects your judgment in stocks"??? Not sure what that means. I am not sure you know what it means, but I will let you explain.
I post facts AND opinions. Thank you for clarifying that facts are not opinions. You and Mad both like to state the obvious in your posts. Mad tells me that a flame is hot, you tell me facts are not opinions, Mad tells me that solar is in a sector. ?!?!
Please give me the post where I claimed to be a prophet? thank you. I ll wait for that post#
All I spew is the truth! WEST is BROKE! WEST has to sell shares to pay monthly expenses. WEST has outstanding debt from years ago they cant pay. WEST loses money on every panel they sell. ALL FACTS!
Chan HIMSELF says, (paraphrasing the 10Q) Umm guys, its unlikely we can keep this pace going, our ability to get financing is extremely difficult, and we dont even know if we can get anymore. He gave you almost 20 reasons in the prospectus that he feels its highly unlikely the doors will stay open, everything from market conditions, to heavy competition, to supplier relations, etc...DAMN!
Youve got the horses mouth telling you point blank, and this board cries, Jeff why are you so mean, Jeff what did WEST ever do to you, Jeff why do you keep reminding us WEST sucks...
All facts, no opinions gentlemen...sorry.
I think its comical that you choose to insult me Mad. You could have chosen the higher road, ignored me, done your DD and continued to forge you path in what you believe. Instead you have chosen to engage me in a fighting banter to somehow prove that I will be wrong someday! You have let your people on the board down!
Ok Mad, you basically said that I will be poor in 2022. That tells me that you have given a specific date for WEST to succeed. In 2022!! So now lets put this all together. WEST will go to .019 in a few weeks because it has to, its in Wkoks contract, and then in 2022 it will go to .08! Finally! We have some degree of timeline in your predictions! Im glad we got that settled.
See, there's that sensitive side of Muvucker that I miss. The one who feels the need to lecture me, and tell me what he thinks. This board is for WEST stock discussions, not your personal inner thoughts and how I make you feel. Lets keep it that way, thanks. (Cali asked me a personal question, so I answered him, no one asked you. Wait for someone to ask you how I make you feel before you go on one of your little soap box operas.)
Spending time watching higher caliber stocks is boring. They just gradually do their thing. There is little fluctuation, and no need for constant supervision like pennies. You just have to watch successful companies like CSIQ make money and change the world for the better!
I contribute an opposing opinion to the popular belief. My opinion is based on facts found in the company's own SEC filings. Most people involved in pennies dont take the time to read them, so I do the research for them (pro bono mind you, a thank you every now and then wouldnt kill you would it?!) If you have a problem with my opinion, please contact Chan, and ask him to do a better job.
And lastly, you could easily just ignore me, but you choose not to. I stay for you Muvucker...I stay...for you
Per Madhouse...
"If you can't beat them join them. ... And in Andalays case. If you can't beat them and don't join them. Then you will be sued."
Lawsuit coming to a theater near you! This is going to be HUGE! WEST will easily go to 1.50 Cali once the unnamed law law firm is announced!
Mad, lets whoop whoop it up BRO!
LMAO!!!
Apple Clinches $850 Million Deal With First Solar for Renewable Energy.
Hope Apple and First Solar know they are about to get hit with a law suit!
You cant build solar farms without plug and play technology!! Everyone knows that.
CANNOT WAIT TILL WE SHAREHOLDERS GET A PIECE OF THAT 850MILLION DOLLAR PIE IN THE SKY!!
Let the lawsuits begin!! WHOOOOO!
First Solar is a profitable well know recognized brand in the industry...
Andalay is an unprofitable, broke, non debt paying, worthless share printing company...
The connection is, I guess theyre both solar companies?
Oh good...I thought you were coming from the viewpoint of Andalay themselves doubling profits. Sheeewwww! My bad. We all know that Andalay has no profits to double. I was getting ready to yell! lol
Unfortunately for me, WESTs stock price isnt going anywhere for awhile, much to my dismay. So I will have to be dumb for an indefinite amount of time. In the mean time I will go back to second grade like you said.
Remember Mad, Southridge has 85 MIllion possible shares to buy and then dump right away. This will be in neutral for some time.
Think of all the investments youll lose out on by waiting. You could have bought Noble or TransOcean for 15 two weeks ago and sold at 20 yesterday. A nice 35% gain. Not bad for clicking a mouse. You could have bought CSIQ at 19!! Thats a company that does 180 MILLION a quarter! on sale at half price, but sadly no, you chose to stay in this garbage and lose another 20%.
See...a whole sea of brilliant investment opportunities are just passing you by, but yet to chose to stay on this sinking ship and patch holes with your useless banter and connecting dots.
Thats why you dont buy and hold pennies! You trade in and out! Learn something while youre here! Dammit!
LOL..I knew you couldnt stay away for long!
There is good news for me though. If my intelligence is based on WESTs stock price, that means that in a few weeks I will have "at least" 30% more intelligence (Its in the Kwok contract) According to you Mad, my intelligence will probably go up to .08 as soon as they disclose the unnamed licensing company. Thats over 400% more intelligence!
WOW!
Andalay isnt in the installation business anymore. So how does saving money on installs, or using Andalay panels for that matter, help WEST at all??
I believe you said there are no margins on panels...correct?
Well whatever you said, WEST loses money on every panel they sell.
Please dont insult my intelligence. This coming from the person who uses the the word "threw" in place of through, and then blames it on the fact that he needs smaller fingers, alluding to the incident of "threw" being used was a result of mistyping due to the size of his fingers! When we all know its just your comprehension of the English language is that of a 6th grader.
"Your lack of knowledge on the subject shines threw your writing"
Youll never be threw with me Mad. You complete me!! LMAO
Well which is it? .08? or at least 30& in a few weeks?
Or is it .08, then drop back down, then 30% in a few weeks...or is it 30% then drop, then to .08? AAarrrgghh! MAD WHICH IS IT?!?!?!?!?!
WRONG SWAMI! Madhouse said 30% in the next few weeks! Your predictions are wrong! Its in Kwoks contract. It has to be .019 in a few weeks!
Hold on everybody!! Up we go! Cash in those 401Ks and convert them to WEST stock!!
And please make sure your posts are only positive predictions...negativity isnt allowed here!
Wow! Now your telling people at least 30% in a few weeks?!?! I thought is was .08??? You keep telling people to hold on...It must be great to give predictions, and then when they dont come to fruition, tell them that, "I never gave a time". Youre never going to be wrong that way! You can just keep spewing numbers without any definite guidelines, and your ass is covered either way. Youre not as dumb as I thought you are!
And Cali and others on this board have a problem with ME?!
At least I give facts and realistic and moderately educated guesses.
Good luck with that transfer of your 401K Cali and your financial advice...