Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
X993231- Thank you for transferring your insight and posts to this board. Several times a day I would read the other board but found you posting less and mostly wacko's attacking you. You've brought instant life here and I for one am grateful.
Airdale
KMAG isn't being diluted, the officers aren't selling their shares and there is nothing wrong with the fundamentals of the stock. It's being manipulated, period. A simple look at current state of the neighborhood is pretty revealing. Someone wants to close a short position way down low, or, they want a ton of cheap shares and they're working the stock to get them.
There was some strong buying pressure today from the mid .007's up into the .0085 range and it was moving well and appeared to have turned around. Then good old NITE placed a 5000 share order at the Ask and it didn't move with with well over half a million shares at the ask. Once buyers see they can't move an Ask the attitude changes, the sellers take over and its downhill once again. NITE repeated this at .0073 when we came off the .0061 bottom to halt another run. NITE has been doing this at various price levels for a week plus. I don't know who NITE is working for but they're taking good care of them.
Once whatever group or entity covers or hoards, we move up. Not much we can do except buy at discount rates until they get what they want.
At .0085 there were two 141.5K blocks sold. Just saw one go through on a buy at .0069, looks like some are starting to cover their short.
They have to issue Form 4's for any insider selling. Why don't you point the board to where you claim you see them.
We're at .021 on ask and that 1 milly from Friday was nowhere to be found. Psyche games like we thought.
I think it's bogus. They've flashed it several times today and its disappeared with ask hits. Games.
Two minutes with 100K on the Ask with 5K showing and not a single share sold. Totally bogus trading.
Half a mil now up on a rising bid and the ask is being consumed. IMO, once we work through the upper tens we could run.
We're spoil sports I guess. Then again, never let the facts get in the way of a good rumor, put em' up at a nickle.
The selling on KMAG is still there but slowing greatly. It looks like stragglers moving on today. The tail end of the panic sellers is upon us and a turnaround is near.
Kudo's to whoever threw a 1/2 million buy order AT THE ASK. Nice work.
Shareholders here that are putting KMAG shares up for sale to keep them from being "shorted" are "pissing in the wind". It's an old wives tale that is absolutely false.
If you have a margin account, you can borrow funds to buy more shares than your funding would normally allow. By the same token, the brokerage can borrow against your shares, EVEN IF THEY ARE UP FOR SALE. Most brokerages won't borrow against your shares unless you are actually using margin.
TD Ameritrade recently sent out documentation stating that they would notify their customers if their shares were being shorted. Their policy is typically to only short against those utilizing their margin.
If you want to absolutely lock up shares and make them unavailable for shorting against, you need a Cash Account. No shares can be borrowed from a Cash Account to short against. The negative to a Cash Account is after a trade has been completed, the funds from the trade aren't usable for three trading days or until the trade has cleared.
Exactly what do you propose to accomplish, as a group, by putting KMAG shares up for sale at 4.5 cents? What's the purpose?
Wow, $17,0000 in buys at .019 and above and then a $54.00 sale at .018. Lunch money, enjoy your burger and beer.
I recently moved most my "hedge" monies from gold to oil based financials. The chances of international tension always loom with an Israel/Iran conflict of some type, high IMO. WGAS would be a very safe haven with any of those events.
Seems like Jr. oil plays are moving into "vogue" investing recently. We're watching the right movie!
Over 800K at .019, gone. Lookin' strong.
Nice post. You wrote what I've been thinking about WGAS the past few days. They're very subtle in their growth.
Ref: "Obviously they don't put out PRs to get a pop in share price but are systematically building the co."
Servings of WGAS Black Gold,(shares), being served at a discount and open for business. I'm all topped up and ready for PR's.
That would make this "the most wonderful time of the year". Pumping up some "bubblin crude, oil that is, black gold, Texas tea" as Jethro Clampitt would say.
WGAS would go ballistic.
They've been proving it. No dilution from the last quarter's SEC filing. You can look it up yourself, its public record.
If you care to spend 15 seconds reading, they've reduced the A/S by 25% this week. Yes, it is official and everyone but you knows it and again its public record.
They announced PUBLICLY that they're buying shares. If they're not, we'll know in about 30 days. What benefit do they have in lying for a whole month?
Do some work yourself and quit trying to stir up the board.
I just hit the ask and nudged it up a little. They broke the buy into four parts. Hmmm, looking for shares? Said it before but the risk here is minuscule and the reward astronomical once oil starts flowing. Move that boat!
Nice find, thanks for posting.
The future of RFID:
http://www.rsa.com/rsalabs/node.asp?id=2117
RFID, a Vision of the Future
The term, "RFID", in its broadest sense, can refer not just to next-generation barcodes, but to a compact class of wireless computing devices. There is a broad spectrum of radio-frequency technologies, including more highly functional (and expensive) technologies such as Bluetooth®, mobile phones, and WiFi®. The future holds applications of RFID that go far beyond mere bar-coding. A ubiquitously RFID-tagged and networked world offers a transformational extension of the World Wide Web. It will become not just a World Wide Web of data, but also an World Wide Web of things.
View of an RFID-enabled Future, the Near Term
In the EPCGlobal vision, an RFID tag does not need to provide information storage (so as to permit inexpensive chip manufacture). Rather, the unique identifier of a tag serves as a pointer to an associated database entry. In a highly networked environment, a backend system can essentially provide unlimited record-keeping for an RFID tag. You can think of an RFID tag as a physical URL of sorts; the data for the tag is kept in cyberspace. (Indeed, EPCGlobal standards support an infrastructure for RFID-data lookup analogous to the one for URL lookup.)
In the near term, RFID will serve as a supply chain management tool. It will replace manual processes for tracking supplies in warehouses and at loading docks. As a crate passes by, a networked RFID portal on a loading dock can transmit information about it to a backend system. This facilitates automated creation of shipping manifests and other data, whose generation currently involves some degree of manual labor. In principle, speedy data generation by RFID means that information about, say, a crate of oranges, can reach a destination even before the oranges are loaded onto the truck. In this near-term view, RFID is a form of automation support for the supply chain management systems of today.
For businesses and consumers alike, RFID promises cost savings, more rapid delivery of goods, and enhanced quality control.
RFID for the Consumer in the Future
The world will be very different once readers and RFID tags are everywhere. In an RFID-enhanced future, the benefits would accrue not just to businesses, but also to consumers. Here are some examples:
Easy item returns: You might be able to return RFID-tagged items of apparel without a store receipt. The unique identifier in the tag would reference a database record with the time of purchase and the original price – and even credit card information, if desired.
Detailed information about customer returns would help stores refine their inventory selections. If all of the items from a particular lot are returned for defects, for instance, the retailer with an RFID-enabled infrastructure could easily trace the factory of origin.
Smart appliances: Your washing machine could choose its cycle setting based on tag information in the items to be washed. Your “smart” refrigerator could take inventory automatically, alerting you to expired or recalled foodstuffs, creating shopping lists automatically, and even searching the Internet to find recipes you can prepare with the items in the refrigerator. Your closet could alert you to what clothing it contains and what is out for cleaning – and search the Internet for fashion advice.
Personalization: You might carry an RFID tag that stores (or references) personalization data. When you walk up to a clothing rack in a shop, LEDs might flash on the hangers with items in your size and preferred colors.
Easy shopping: You could purchase or rent items by simply walking out of a shop with them. The RFID payment device in your pocket and the RFID tags in the items you carry would allow payment to be made automatically.
Some Technical Realities
Many of the futuristic visions of item-level RFID tagging fall flat before the realities. To begin with, reader signals are reflected off metal, making RFID-tag reading difficult in the presence of metal objects. Tagging items such as soda cans with RFID is difficult. There is a much bigger problem, though: Most of the many miles of shelving in retail stores today are metal!
Thanks to their relatively long read range—sometimes as much as tens of feet—UHF (ultra-high frequency) tags are likely to see the most widespread use as part of the EPCGlobal standard. Here too, there is a problem: The reader signal for such tags is subject to absorption by water. Because human beings consist primarily of water, many tags will be virtually unreadable near the human body. This is good for privacy, as it means that your RFID-tagged sweater will be difficult to read when you're wearing it. What does it mean for automated checkout, however, when your shopping cart contains bottled liquids, and what does it mean for theft-control systems?
While often beneficial, the potentially long range of RFID tags can sometimes introduce unexpected problems. NCR Corp.® has run RFID-automated checkout pilots for supermarket scenarios in which shopping carts pass by an RFID reader to tally goods inside. They found that without due care, a shopper could end up paying for the groceries of the person behind her!
Researchers are looking for ways to address the many and subtle technical challenges that RFID introduces. For example, one company is marketing a system for tagging metal pipes using dangling active, i.e., battery-powered tags. But as with many technologies, it is important to keep in mind the large gaps between the vision and the reality.
The growth rate of RFID technology for 12' is?
Well, according to this two week old article, the RFID market will reach 70 billion dollars by 2015 with fashion and apparel the fastest growing segment.
http://www.rfid24-7.com/2012/04/18/nxp-1-7-billion-apparel-items-will-be-tagged-in-2012/
NXP: 1.7 BILLION APPAREL ITEMS WILL BE TAGGED IN 2012
APRIL 18, 2012
It’s the time of year when research analysts update their growth projections for RFID technology. ABI Research came out with its market forecast earlier this week, calling for a total market value in excess of $70 billion by 2015.
RFID chip manufacturer NXP has also released some interesting research on what it considers to be the fastest growing segments of the RFID market.
According to NXP, retail fashion and apparel is clearly the fastest growing use case to date. The company projects that 1.7 billion pieces of apparel will be tagged in 2012, with a 42 percent growth rate through 2015. Aside from inventory accuracy benefits, NXP says that a better consumer experience is becoming a primary reason for deploying item level tagging.
NXP projects that 1.7 billion apparel items will be tagged in 2012.
Indeed, retail executives tell RFID 24-7 that C-level management is most interested in how RFID will improve the customer experience, and places more weight on that factor than improved operating efficiencies.
Another fast moving sector in the consumer products category is wine and alcohol, which is being driven by the need for product authentication in Asia, where counterfeit products are rampant. NXP’s forecast calls for 150 million bottles of wine and alcohol to be tagged in Asia this year, with an 88 percent growth rate through 2015.
NXP calls for near explosive growth in the fast moving consumer goods sector like coffee, where RFID is being used to make sure products are authentic. For example, RFID-enabled coffee pots and RFID-enabled coffee cartridges can prove that expensive specialty brands of coffee are authentic. In addition, commercial users of the product can utilize RFID similar to retailers, to make sure that they never run out of certain kinds of coffee, in effect increasing sales by reducing out of stocks.
NXP sees similar patterns emerging for other consumable categories like printer cartridges and vacuum bags.
“Users want to make sure you have the best consumer experience and preserve their brand reputation,” says Ralf Kodritsch, head of marketing tags and labels for NXP. “If you use a fake coffee capsule, it will taste differently. We don’t stop at the coffee capsule, because through the cloud, the machine also gives maintenance information back through the cloud, so operators know when a machine needs to be maintained.”
About 180 million bottles of alcohol will be tagged in 2012, mostly in the APAC region.
NXP also sees a strong uptick in the electronics sector, where it projects that up to 50 million units will be tagged in 2012, with continuing growth of 65 percent through 2015. The driving force behind tagging this product sector includes product configuration and customization, pairing, authentication, theft protection, and returns management.
By embedding an RFID chip and antenna into the printed circuit board of a laptop or tablet device, RFID can be used for several use cases, including disabling an item when it leaves the factory, and activating it at the store when a purchase is made, or at the home if a consumer orders the product online. This feature is seen as a major theft deterrent, since items snatched from the supply chain would be useless.
NXP says that livestock tagging and the animal ID market will see steady growth of 15 percent, with the potential for tagging 835 million livestock in 2012. Both LF and UHF tags are being used in the animal tagging market, although the UHF sector is gaining ground, mostly due to interest in the Chinese marketplace.
Although the library market remains slow in the U.S., NXP says it has enabled more than 4,000 libraries with RFID around the globe, and projects the potential for 500 million library media resources to be tagged this year. That equates to a 14 percent growth rate.
NXP also sees NFC enabled libraries catching on in Germany, where consumers can check out a book by simply scanning it with their mobile phone. The primary savings for libraries is in labor costs when it comes to book inventories.
Gee, I guess we'd best sell, steel production is in a rapid decli..... er accent. LMBO
Really, China steel production is in a decline? You'd better tell them, they're not aware of the dropoff:
http://www.ft.com/cms/s/0/d73895cc-893f-11e1-85af-00144feab49a.html#axzz1tg0v3H7S
China’s steel output hits record high
By Leslie Hook in Beijing
China’s steel production hit a record high in early April as construction demand picked up, allaying concerns over faltering demand for raw materials in the world’s second-largest economy.
China, which produces nearly half the world’s steel, produced 2.03m tonnes of steel a day during the first 10 days in April, according to data from the China Iron and Steel Association, an industry association representing large-scale mills.
.87, .90, and 1.01 for me. The next quarters earnings should really be interesting. I think we smoke last quarter's with the higher grade steel and addition getting more revs.
I'm pissed, apparently I overpaid at .87 last week.
I expect something from management in the next week or so. They met last week and are searching for ways to move the stock price. You just stole from somebody.
Unbelievable snag, congrats. Just a couple of fools on every board can make a few people very happy.
We have some dumbA%% that just hit .63. Why help the MM's to cover. Shesh, grow a brain.
40K bid at $1.25, interesting.
Nice news. More transparency and upside for all shareholders.
Actually it would bode well for you. The shares they would buy back would be placed in their Treasury Stock and would be out of the OS and off the market. The value of a share of KMAG stock would be valued higher in direct proportion to the percentage of shares removed from the float. The share price would rise.
If KMAG decides to buy back shares they will probably shop several Market Makers to see who can get them the best deal. MM's, much like a car dealership for someone buying a car will give out their best price. Once KMAG selects a MM to buy their shares you will see trading much like this morning. The MM will probably ask KMAG to hold off on any potential PR's, they'll block the ask with either an AON or very large block and try to force shareholders to sell to their bid. If KMAG buys back a large quantity, in all probability there will be after market blocks with odd prices that show up after hours.
They place "all or none" orders. AON's don't have to show the sell size on L2 and then keep replenishing shares as it sells to hold a price range.
Everything about LGHS is big board in most opinions here. They have the revenue, the income, the employees, the management and status of a big board firm. All that is lacking is the share price and accompanying listing on the commensurate board. Hopefully, that will come soon.
Also, there are Chinese Corporations currently paying dividends. Here's an article about some of the higher yields paid from China.
http://seekingalpha.com/article/412131-6-highest-yielding-chinese-stocks
Here's the second half of the conversation:
Xxxxx,
I appreciate your feedback and your support. Sorry for the delay in getting back to you, but coordinating the last minute details around our 10k filing has been a bit of a logistical challenge given the number of time zones involved. There are particular challenges for a Chinese company with paying dividends that I don't fully understand yet, but it is an idea that we actually discussed at our Board meeting last week. I had already planned to explore the possibility further and have a discussion with the Chairman when I am in China at the end of April. I wouldn't want to set expectations on if or when we might do something, but anything that might further differentiate Longhai and create shareholder value is worth considering.
Best regards,
Steve
-----Original Message-----
From: Xxxxx Xxxxx [mailto:Xxxxxxx@xxxxxxxx.com]
Sent: Wednesday, March 28, 2012 7:04 AM
To: Steve Ross
Subject: Re: LGHS
Mr. Ross,
With regard to the "variable interest equity" problem that continues to hold the PPS down, have you thought about the following. Attack the issue straight on and name any affiliates that could be considered VIE relationships and formally state that there will be no transfer, movement or trading of assets or liabilities between the entities in an SEC mandated filing.
Another issue for LGHS's up-listing to the NASDAQ is obtaining and holding a PPS of around $4.00 dollars per share for a 60 day period. If LGHS is truly profiting at the levels stated in the pre 10K announcement at around $6 million per quarter, provide shareholders a dividend for a projected one years period. A dividend of very modest proportion to the net income of perhaps 10% of net or less. If annual net earnings were around $25 million, a 10% dividend would be $2.5 million or about .25 per share per year. Place a requirement that shareholders must own the shares at least 30 days prior to the end of quarter and until the 10Q is filed. That would give you a 75 day window of rising price to meet the $4 dollar minimum. In that time LGHS becomes shareholder friendly, the price rises, meets the NASDAQ requirement and once there legitimacy is established and the share price would rise to fair market value of over $10 per share.
Just a thought or two. Best of luck with your endeavors,
Xxxxx Xxxxx
Churning with 50% gains over last week and getting ready for the next move up. Move that Rig.
Pretty foolish as close as WGAS is close to production IMO. It's like dropping out of college a month before graduation. Some people.