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Question for you or anyone....
Has RIDEM ever permitted a project that's later been shot down? I know it's apples to oranges, but would still be interesting to get a sense of where we're at.
At this point, my only thinking is that the 'discount' we're seeing is too high relative to the chances we'd lose our approval... but I have no numbers to back that up.
Sure thing! I'd also add to keep an eye on volumes. There are some days where only a few million shares trade. If I was going to sell, I would not choose that day. It's like going to a small town with an empty tank of gas and only one station around.. You are going to just have to pay what they're charging.
We have seen days where volume is hundreds of millions of shares, and on days like that, your half mil probably wouldn't make a huge 'dent' and pricing would be a little more optimal.
With most stocks, I'd say those high volume times are unpredictable. Here... we know twitter followers are going up. we think UL news is coming and uplisting is coming within weeks. If you have longer to wait, 2-4 months down the road we have MedRecycler news coming. A lot of eyes will be on us at that time and we should see a volume surge.
My big thing here is... I would advise everyone not to do stop losses. If you want to sell, just sell... but if you do a stop-loss, then Market makers will swing the price down there long enough to scoop up your shares, and then it may go right back to where it was. All IMO
GLTA
Good question!
There are brokerages like Schwab where every trade is free. I would rec. a transfer to a place like that ( if you're not there already) and then just sell a few at a time. Also, the spread is so large and that's how the MMS get you.
So.. if the bid is .901 and the ask is .981... don't sell into the bid... just put a few shares on the ask at .975 or something.
It's a bit slower process, but I think you'll be glad 'averaging out' over a number of days as opposed to just selling everything at once.
Good luck!
She might get cancelled... I don't think you're allowed to say "you people" about anyone these days.
I don't mind opposition, but I still think that most of EG's motives are financially based...
Reminds me of online gambling.. If you're against it.. fine... but the state that led the charge against it was... Kentucky... because of horse racing... they didn't want to lose business. They were against it under the guise of morality and protecting people and all, but it was all about the money.
We'll see.
GLTA!
or hold those shares til 2022, and then sell the same number and buy a whole fleet of new ones! :)
That is beyond amazing man... Big time congrats on the shares and the house.
If the MMs keep playing around and giving you deals... you may get back to 40 soon anyway lol :).
I maintain that this is pretty tightly held and there are a few folks in here who own a whole bunch who think it's worth more than what it's trading at now. If and when it runs, or if and when the WSB crowd catches the slightest interest... I really don't think paper is out of reach.
We know catalysts are coming, and I think this is probably more tightly held than most pennies.... which will greatly accentuate the effect of said catalysts.
GLTA!
You own 30 million shares??? nice!
So nice to see an increase. It's all paper... but still.
Congrats to all who bought at 3,4,5.
Some people don't love flippers... I think it's great! more power to you.
If you sell a million shares at 6 cents, and then come back and use that to buy 1.1 million shares at 5 cents, then that's awesome!
I think many here 'flipping' have a core holding that they're not messing with, and then are using flips to add through the ups and downs.
The way I see it... that takes shares off the table and out of the hands of MMs, and consolidates the holdings to people who believe in long term value, and are using the flips to add to their ultimate share count. Sure, always a danger of getting left behind if it takes off... but it works more often than not.
Hope everyone has a great weekend!
I guess I am a glass half full person, but I hope we don't hear any news for a couple of weeks and then it all comes at once.
Uplisting and UL should be on the way, but I love to see ( and am happy for) all the folks getting to accumulate here at these prices. I don't mind if it languishes here for a couple more weeks as I think it will make the 'pop' all that much stronger when the good news hits.
So... congrats to people loading up, enjoy the cheepies. For those who are out of funds as I am... you should be encouraged that people who see true long term value here are loading up, and because of that...these low prices now may be a very good thing for us later.
GLTA!
What are the steps to do that? I don't believe anyone here is against it, so go for it! Got my votes :)
LIKE A BAWSSS.
nice timing sir
Lots of stops being taken out, that's for sure. Party is going strong for whoever is scooping all these shares up in my opinion. :)
The drop is due to the recent article I believe... but for the most part, it was a rehash of prior articles with a similar bent.
It may very well be the person who wrote it is scooping up all these shares. We've had this happen many times before with ECO-RI. Just part of the process I guess.
If one believes in the panels and UL and all that, then this is a great time to buy.. Even if you discount MedRecycler value to $0, the panels are worth a ton if they're as light and efficient and cost effective as claimed. MedRecycler is getting more attention right now, but the panels will be the money maker if they perform as claimed, and therefore, any discount brought on by Med stuff seems to be a good discount.. whereas if it was the other way around.. I'd be the first to sell if the panels end up not performing as claimed.
GLTA
More powder than I have lol. Nice add and good luck!
Congrats!
I think for the most part.. people who see the value here had already bought in with the money they had and will be holding long term. That's my situation. I'm not buying any, but certainly not selling here.
Will be interesting to see where support really is. I know there were some buyers at 5 cents, but it fell through that pretty quickly.
I guess the takeaway is that our true 'support' is going to be real actionable news... and the price could do anything.. good or bad... in the meantime.
GLTA
Ouch! 5 cents?
Glad I didn't quit my day job.
I thought there was going to be a lot of buying here. Who's adding shares at this point? Seems like a good buy.
GLTA
Wow.. I guess I spoke too soon. 4 cents just a few moments later.
Man... Well, it's only on paper I guess. Anyone adding?
Looks like it.
That said, I'd consider myself "weak retail" but I'm certainly not selling.
Not a problem for me though, lot of speculation and uncertainty is built into the price now.. That should go away once we get real news and developments. Some people may thing UL is 70%, some may think it's 90%, but when it actually comes through... then we won't have to guess.
Same with MedRecycler odds. I think both of those are very high and that's why I'm not planning on selling at a price that highly discounts those chances.
Congrats to all who have been able to pick some up!
nice pick up.
Thanks! I did watch/listen... just don't remember the details as I guess nothing stood out.
Who knows? Maybe a part of the review agreement was that it couldn't be made public. I don't know how these things work. If there is a decision as to whether it gets released or not... I'm sure it will be calculated and timed, and I trust Nick to make a good decision there. We'll see!
Maybe... I remember hearing in some meeting that some review was going to be at a board's or town's expense rather than SNPW's. I don't know the details and could be wrong.
Even if I'm right.. It's possible that SNPW had to pay, but WW or EG actually owned the specific results beyond the basic approval that Nick tweeted about.
There may be some proprietary information in those reports, so I'm going to trust that Nick will release if he needs to, and not release if he does not. Maybe he's waiting until after 3-14, or after 4-14.
Why give people 'ammo',,, Let them ask questions and then if the responses are all there in the report, easy and done.
I trust that Nick knows what he's doing.
I agree that it would be nice if that report was made public.
If it was E.G. that paid for the report, and if the results are favorable to us ( ie. If they concluded that your backyard BBQ creates more waste than this facility) then I could see them not wanting to disclose that information.
I know Nick said the 3rd part review was complete, but I was never clear who was paying and who had a right to see the results.
Thanks Mike!
Holding on myself.
What do you think of the mosr recent article from ECO-RI. How much pull does a group like this have? Also.. what are your thoughts on the proposed legislation against this type of thing?
Thank!
Probably some of both.
Nice million share bid at .089. I know this is a common mantra and I don't throw it around lightly... but I do think that the shares moving to 'strong hands' before big news is a good thing. People buying now aren't holding for 12 or 15 cents, certainly not someone who is bidding for a million shares. Those folks see the value here and I imagine are less likely to want a 'quick flip', on balance, than whoever they're buying from.
We'll see!!!!
I'm guessing the drop we're seeing is because of the recent article from that RI - ECO site.
It's worth a read, everyone should take a look and make sure you're informed about what's going on.
https://www.ecori.org/composting/2021/2/28/px6rp9yomqfvz2tdhtshv720ca6dn1?fbclid=IwAR2D3zwSBow_zZvhKvmKcqZfztkAHWPXi6oMX7U2rgpeCgmwQ7HDWd7cs6M
This group has had it out for MedRecycler for a while and I'd caution that there is a bias here they have against us... but even though I don't agree with them, I think it's a good thing that they're bringing up all these challenges. Hopefully it means that when we are approved.. Everyone will be satisfied.
GLTA
I think we're getting a little ahead of ourselves here.
Hasn't Nick earned some latitude?
If we're twiddling our thumbs in 3 months, sure.. go to town!
We are waiting for UL Certification which could come any day. We have a hearing in a couple of weeks.
Nick does not need to be bragging about how much money MedRecycler will make. Shoving it in EGs faces will not help the cause. What benefit would it be for Nick to publish revenue estimates on a facility that is not approved?
HUge competitive advantage lost by doing so...
Nick is not trying to sell shares, he's not trying to dilute, he's not trying to increase OS. I think Nick knows that for the most part, long-term holders trust the process and have some patience just as many have had for years.
I mean.. fair point, but I think the narrative here is "This is happening" :) :)
We'll see if I'm right!
I sense some sarcasm :)
As to your question....I do not know... and part of that is that I believe the hearing is a formality. You and I fall in different camps here. You want a ton of positive PR.. I think we might just be best to lay low and keep quiet. You think this hearing on 3-15 is a huge deal... I'm not as concerned
I believe the objections are emotionally-based. That's fine, but the DEM is not an emotionally driven entity. They care more about science. Nick has put all the information out there. What more can he do? Some people won't be convinced and refuse to use the information out there to inform themselves... and that's ok, but not necessarily his hurdle to overcome.. especially if he doesn't feel he needs to.
So... your questions are based on a premise which many here may not accept, and Nick may not accept either.
I will concede that there is some possibility that you are right.. I'm not saying you're wrong (except for the part about 'sitting and waiting for the 3/15 hearing' since it would seem that any time Nick says or announces something, you'd prefer he sit and wait!) just that in my risk/reward scenarios, I just don't have much worry about the 3/15 hearing, and plan for all of my eggs to remain in the basket through that process.
GLTA!
What items need to be completed that are within Nick's control? At this point I understand that we are simply waiting for the 3/15 hearing. Other than prepping for that hearing, there's nothing specific I can point to that I believe he should be doing but is not.
I know your concern was around PR, but they have been posting some stuff and getting good information out there.
Perhaps this is bias or overconfidence, but I have very little doubt that Nick will be ready to fire up MedRecycler when we get the go-ahead from DEM.
Would you guys rather see an uplist as its 'own' event, or would you rather see it coincide with another announcement.
I don't believe we'd have the ability to impact the timing of the uplisting either way... but we do have the ability to time announcements or news.
Is it possible or reasonable that we'd wait to drop good news if we know uplist is coming in a few days?
Also huge rally :)
Good evening!
Is there any reason that Nick wouldn't have applied to uplist, or is it fair to assume that an application was submitted on day 1 of eligibility.
I have glanced over all the criteria and there are a ton.. Like I've mentioned before, my other (smaller) investment applied about 6 months ago and still hasn't gotten it.
1. Are there any of those criteria anyone knows of that we aren't meeting?
2. Would there ever be any reason not to apply if a company is eligible?
3. Would we open up to RObinHood, etc. on day 1, or would it take a while?
Thanks and GLTA!
Thanks guys!
Yeah it would seem like they're scared about people loading and this is meant to be a scare tactic.... Since we know there is no dilution, seems like a wasted effort, but who knows?
Thanks again for the info.
Who is 'vert' and why does it matter? I know 'CDEL' but that's all.
We jumped a penny on no volume. Congrats to everyone for seeing what they own here. No one wanted to sell for 10 cents, and it went to 11 in a matter of minutes.
I have no problem with anyone who does need some funds.... but I'm not selling at $0.11 either. By the time I post this, it might be $0.12 anyway lol.
YESSSSSSS! They are awesome.
In review.
Several States.
I still think this lines up with the projects Nick was asking the billionaire about.
Nick is a hero. My most exciting investment ever.
375,000 on the bid at 10 cents.
Thanks for posting. I agree that the stimulus checks will play a role.
If we uplist (where people on different sites can buy)
and if stimulus comes (giving people extra cash on hand)
that should be great! If those things coincide with other news then we could really soar.
The next round of stimulus checks will come late April early March. Our hearing is March 15, there is a 30 day comment period ending on tax day (I'm sure a lot of people will be getting refunds around this time as well).
we should hear from UL sometime in the next couple of months as well.
Unicorn status could be unlocked in 2-3 months and it's not that far-fetched to think of scenarios where this happens.
GLTA!
I have 12 cents left in my IRA. Should I slap the ask for 1 share? Every little bit helps I guess.. here I go!!!!
#balla #bigmoves
GLTA!
Thank you!
I appreciate that. I have quite a few shares (6m ish) and plan to hold long-term so it's not a huge issue for me one way or the other, but this is interesting to note.
Especially because.... if they're lending more money this year, I guess that means we can expect this trend to continue for a while.
I'd consider it an artificial drag on share prices as it's an artificial increase in supply.... so over the long term (1-2 years) I think this would settle down and we'd see some good stuff, but in the meantime... it may be hard to take off with them putting so many shares out there.
Also... I wonder if we can't uplist until this is all said and done. We seemed confused for a while about it not happening... but at this point... it seems like until we're completely done with RB... we may not be able to???
Again.. holding long term so no issue to me one way or the other at this point. Thanks again for the info!
Good morning! Are you suggesting that RB is unloading all the shares that were a part of that deal? I thought they said they weren't selling, but I haven't been around much and maybe I missed it.
If we need to give out shares to someone to finance expansion, I'd like to see them locked up for a year or two. I guess we took what we could and it wasn't a bad deal at the time. I thought it was pretty good.
It seems like a strange time for RB to be unloading with all the good stuff going on, especially with all the capital committed this year. Why not hold and realize the rewards... or at least wait to sell until earnings or something where there would be higher volume?
Thanks, have a good weekend!
A company that is doing "too much"... That's a nice problem to have.
Point is taken... but some of those things require time rather than actual work. What focus do we need on solar? We're waiting for UL, and in any case, this is likely a part of our plan (rather than a distraction from it) once certification comes through.
Mede... they have been putting out positive PRs like you suggested, but none of those are work intensive right now. We're waiting for 3-15, and then we're waiting for the go ahead. Unless you see specific stuff Nick should be doing that he's not... I have no problem with him working for the good of the company while all the rest gets sorted out.
GLTA!