... it's a big blue watery road ...
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Would be nice to have some third-party confirmation from the worksite.
Many people expected news today, including me. An update is long overdue. Our climb will continue once something positive is out.
The same here. A good thing is that when it actually runs, we will have less taxes to pay as a long-term holding :)
Very true. You have to be patient with CWRN, it is a real company, they are working, it is only the matter of time until they make real money.
CWRN is breaking out, look at the chart
CWRN is breaking out, look at the chart.
If CWRN pulled the projected 100M in revenue:
In one of their previous PRs they cinsidered around 40% profit margin, it's a bit high, in my opinion, so let's say it will be 30%. So the actual profit would be 30M.
Now, the last update on the OS was at 2.1B, so earnings per share (EPS) can be calculated at 30M/2.1B = 0.014 per share.
The companies that have high shareholder confidence trade at 20x - 30x of their EPS. In CWRN's case, 10x should be reasonable, so a fair PPS for this company, given 2.1 OS and 100M revenue, is around 14 cents per share.
This stock is incredibly under the radar. It is running big for the second day, yet the board is dead...
CWRN production news next week...
Very nice EOD, and EOW for that matter. I am looking forward to the next week. A crucial update has to be just around the corner...
It appears so. It is evident from the chart as well.
Someone is buying smartly by pushing up the bid rather than hitting the ask.
Covering ahead of great news, imo.
CWRN is bouncing back up...
CWRN is bouncing back...
It would sure be nice to see some update from the company to support our recovery now.
How quickly can everything change, huh :)
Three 10-Qs in a row have to mean something. In my opinion, the company is getting ready for some big move.
It might be just the beginning...
Something truly strange is going on here... Well, at least we broke though that 0.0007 wall. Can't wait to see what happens tomorrow.
Even if Bob is not concerned with the price right now, he has to have some kind of educated guess on why the hell we plunged from 003 to 0007 right before all these good things are supposed to start happening.
Nice updated, Matt. Did you happen to ask him what he thinks were the reasons behind recent PPS plunge?
Thanks.
I don't know. Someone clearly wants this at the bottom. Maybe somebody wants to load up big time at the very low, and is sacrificing some shares for those right-before-close sells to get us there. As I had stated, I do not believe that CWRN has anything to do with what is going on. They are busy taking care of the production, and seem not to care about the PPS right now.
Buy Volume 19.6M
Sell Volume 11.6M
Where is all this volume coming from?
In fact, Bob didn't even take advantage of the follow-up August PR everyone was waiting for, knowing that this would negatively affect PPS. If Bob was diluting, he would kinda be cutting a branch off a tree while he's sitting on it. This just doesn't make sense.
I am fairly confident that the company is not selling shares. We had pure buying volume until 3PM, and then right before close came a huge 8 million dump. In fact, some of it registered as after-trade t-form. This dump was clearly intended to paint CWRN in as much red as possible for the day. Why would the company do it? If one is diluting, it makes sense to keep the price up for as long as possible to maximize the profit. Bob knows that.
Moreover, in the course of that recent price plunge, there were no PRs issued to create some news volume for the dump. This is the first tool the companies use to aid dilution. These two reasons is why I believe CWRN is being manipulated downward, and is NOT diluting.
Yes, and this is exactly what we have in the iBox.
I wouldn't call 6 million in volume today an increase. In fact, it is rather light if compared to the recent days.
What is interesting is that more than 2 million shares were traded after hours, as "Form T." I think we might be seeing MMs becoming more interested in CWRN at these prices...
I certainly hope so.
The iBox is updated with a current description from the company's site.
Well...we kissed 0.0006 today. This is not good.
There are two possible explanations of such rapid downfall:
1) Short-selling suggested by several shareholders here, and supposedly supported by some numbers. I, personally, hope that this is not what it is. From my own experience, every time the excuse of short selling is used in pink sheets, at the end it turns out to be good ol' dilution all along.
2) What I think is happening is the fact the the company previewed several good things that were supposed to happen, and then never followed up. Many shareholders assumed that either something went wrong, or it was a pump-and-dump kind of PR. Thus all the selling.
I personally hope that the follow-up never happened because Bob is busy getting a full-scale production on track, and there is simply no time to take care of the PPS right now.
Whether I am mistaken or not, there is nothing left but to wait. It is too late and too expensive to get out at these prices...
Some big blocks trading today on both sides. 2.5 mil. sold, 5.7 million block bought.
Just waiting now :)
I see everyone has abundant this board since I left :)
The price seems to be quite reasonable.
I was invested in this once already.
I think it is a good time to get back into this one.