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.
Good question, Volume was a little over 200k for the last 10 days.
Anyone know where one can get a ACCURATE list of restricted shares, held by whom, and the date they are no longer restricted, or is that information not available to the simple stockholder?
Or is that that only available to those with a need to know basis?
I am not optimistic for any news today. Yesterdays 3:59 trade @.47 was meant to discourage, so I am taking that to mean there is no news ....yet...
just wait a little longer
Would love to be wrong though, and hand WAKL and Kzoo the prize
Not, is that you?
C'mon out.
You would think they have figured out that anyone who has held this stock for 6 months is Not of all of sudden going to sell because it closed @.47.
Intriguing though, the timing of the sell, they could have sold at that price at any time during the day.
Whoa, the 3:59 bid whacker, at .47
Interesting, they actually got some of it right.
Volume, volume, volume.
http://estocksdaily.com/mondays-small-cap-market-watch-pspw-igxt-neom-wavx/
Rainbows and skittles, and unicorns, don't forget the unicorns.
Yes , the many heads of the Medusa, Rudana. I also throw Gerry Sullivan in mix with Olivier,
But I agree, I only invested in this because of the presence odf Seawind, without Seawind's involvement I would have passed on this venture.
I am tired of guessing. It is apparent that they are NOT looking to attract attention, at least not yet. Tiso and others keep finding little tidbits regarding PSPW, but none of it was released by the company. Anyone can surmise why that would be the case, like I said, I am tired of guessing the companys motives.
Unfortunately , I have no clue if, when , or what management will release info.
I have reconciled myself to sit and wait, and trust that Mr Wilson and Mr Adams know what they are doing.
Not exactly,
Seawind received 40 million shares, so that is a pretty large stake,
And Rudana, well, I guess Rudana is like the Medusa, cut 1 head off, and 2 new ones appear. :)
Wilson is on the Board, I do not know if the new CEO has a Rudana/Falak pedigree, I don't believe he does.
Falak/Salem have a large influence here, as long as Wilson and Seawind are on the same page with the Rudana/Falak people , things should be all right.
Sometimes an enormous pot of money as the end goal makes business partnerships more tolerable.
Now for the release of some semblance of a business plan, that would be nice.
You are correct about the paint, every day there is a sale of 500, 700 shares at .47, .48.
Someone is definitely trying to paint this price lower.
For the last 2 days I have set up bid support, 5000 shares at least .02 above the bid, and I "suddenly get filled for 700 shares", and the bid immediately reverts back to .47.
I guess I have to up the bid support to 10,000 shares.
:)
Already started :)
Now that is just cruel, and should be deleted!!!
It all depends when your entry point was,
I have only been in several months, and am good for at least 6 more months,
Now others have been here for over a year and have no concerns either,
And some are moaning and groaning like yourself.
It all depends on how soon you expected to hit it rich :)
Once we receive a new business plan, or they confirm the original one, hopefully we won't have to guess.
Any business venture is fraught with risk; one such as 3Power has immense risks to becoming a profitable company.
Technology – In this field, at any time someone may develop a super green energy device , be it running cars on Hydrogen, developing a enhanced solar panel 10 times more effective than any other, or placing your solar panels in space, who knows, there may even be someone perfecting the wind turbine in their basement as we speak.
Geography, Governments- You are dealing with a multitude of governments, at any time a government may seize your assets (Check South America, Africa), tax your assets, or decide the project is environmentally unsound (killing off a 3” fish)
Natural disaster – Hurricane, earthquakes, natural disasters are another risk for a global company
There are risk assessment Insurance companies that do this , here are 3 links that address these issues in far more detail than I care to investigate
http://www.unep.fr/energy/activities/sefi/pdf/RE_Risk_Manag.pdf
http://www.unep.fr/energy/activities/frm/pdf/statusnotemarch08.pdf
http://www.3tier.com/en/
Unlike the shareholders here, insurance companies do not think this is a guaranteed 10 bagger and provide a cornucopia of reasons why.
As any prudent financial advisor will tell you, it is best to diversify your portfolio, unlike some here who are severely over weighted with PSPW shares. :)
Now our Middle Eastern directors have the best financial advisors, and I am sure they follow their advice. In a risky environment such as alternative energy, with (from initial company statements to be a massive global company) a immense capital start up required, the most prudent approach would be to use OPM, Other Peoples Money. Being such majority shareholders, they will still reap the majority of any potential gain, and if the company goes Pffft, how much actual money has the Middle Eastern directors invested thus far?
If their approach was to go private, they probably could have purchased almost all of the float over the last 6 months for far less than $5 per share on the open market.
I don’t see them going private, too much risk, and why would they have advertised the desire to be a NASDAQ listed company? Just my idle thoughts,
But what the hell do I know?
After the last 6 months , I have no clue where this will go.
And , to make any half a$$ed guess, I would like to know where the money is coming from, the cost of that money, and the future business operation plan first.
The Rudana money already had PSPW for several years now, I believe it was their intention to enter this market years ago, Falak Holdings has expressed their desire to expand into energy for years. PSPW was their shell company, waiting for the right opportunity.
They found someone with 10 years experience , Seawind, and must have made them an offer they couldn't refuse. :)
As long as they play nice together, it seems like a excellent fit for both. Partnerships are never easy, just ask anyone with a 2 or 3 person partnership.
Wilson, having built his business over 10 years, is not going to like to hear how to do things, and Falak, if supplying the money will not like to be told , we have the expertise, you just supply the money.
Having said that, Wilson has almost (Seawind International, the wild card) all his chips on the table, and we have yet to see what Falak has on the table.
Hopefully (for us) the enormous profit potential will create a happy partnership,
And I don't envision this going private, they already own 80% of the shares, I figure they will issue or sell off more stock to finance additional expansion if needed.
But what do I know :)
Well, got annoyed with the large spread, and tried to move the bid this AM,
Put a bid in for 5k shares @49, figured that would cut out the .45 and .46 bids.
It got scooped up in less than 1 minute. I now own 5k more shares,
So I put another bid in for 2500 shares at .48. Like fishing for striped bass with 5 day old bunker, they wouldn't touch it, although there were more buys under.48 for the day. But I bet if I made that order for 5k shares at .48, it would have been taken. (I just ran out of funds or I would made it for 5k)
Someone wants to keep a big spread here.
So, if you want cheap shares, but above the bid, place your order for 5k shares, I think it will be taken.
If I find enough coins from in between the couch cushions, I will try this again tomorrow.
That wasn't financing, in my world its called loansharking!
Not quite.......
http://articles.latimes.com/2011/oct/29/world/la-fg-china-air-quality-20111030
Only 1 percent of the China’s 560 million city dwellers breath air considered safe by European Union standards according to a World Bank study. Air pollution is particularly bad in the rust belt areas of northeastern China. A study done by the World Health Organization (WHO) estimated that the amount of airborne suspended particulates in northern China are almost 20 times what WHO considers a safe level.
Space shuttle astronaut Jay Apt wrote in National Geographic, "many of the great coastal cites of China hide from our cameras under a...blanket of smoke from soft-coal fires." The northeast industrial town of Benxi is so polluted that it once disappeared from satellite photos. Its residents have the highest rate of lung disease in China.
Coal is the number once source of air pollution in China. China gets 80 percent of electricity and 70 percent its total energy from coal, much of it polluting high-sulphur coal. Around six million tons of coal is burned everyday to power factories, heat homes and cook meals. Expanding car ownership, heavy traffic and low-grade gasoline have made cars a leading contributor to the air pollution problem in Chinese cities.
As long as Wilson and Falak are on the same page, all is well.
If not.......
Whew,
Almost got myself in trouble there
:)
That was just a educated guess, I am sure you know more precisely than I. There were many posts here that basically listed positions adding up to the 8 million shares tightly held.
Yes , some might have more than her also.
Narnia has 800K
:)
Actually it was quite informative, thank you.
We got glimpses of a business plan in earlier filings, pre merger there was a large European segment, now there are hints of a larger Asian plan, South America is blossoming before our eyes,
Virginia is a new wild card added to the equation,
The Saudi presence leads one to guess this could be their hedge as oil revenues slowly shrink, which if true then can be mind boggling.
The constant personnel shuffing in a start up was a bit unsettling, you would hope you pick the right people right off the bat in a start up international company, but it appears that the personnel now in place are "serious", used to success, and this also should calm the investors nerves.
Pins and needles time, for me at least. I am so anxious to see some semblance of a business plan, what is behind the curtain,
I am trying not to, but expectations are high
Yes indeed, the new Directors have access to almost unlimited funding,
Now, this is part I am most impatient for,
What is the vision for this company,
Can't wait for a detailed business plan,
What is already in the pipeline, probably lots more than we think right now,
And perhaps more importantly, their 5 and 10 year plans.
Kzoo, calm down, this is so unlike you.
Hmm, have you been sipping Manhattans with WAKL?
You two are getting much too chummy lately!
:)
All is well in PSPW land....finally
I see volume picking up, just from Ihubbers alone who took profits in May, they know enough about the company already to see what is coming.
At least, they should.
If everyone holds, we have sen how fast this rises, the rise up will only slow when people start taking profits.
But what do I know, will leave the Dramamine at home today,
And will be off the grid all day,
Number 1, take the bridge and keep her steady!!!
It may be time for the second wave! PSPW
http://biz.yahoo.com/e/111026/pspw.ob8-k.html
I was watching it and it went to .21 and .65,
Now Amertitrade is back at .45 at .58
AS far as this stock goes, nothing would surprise me.
It's locked in the drawer until Mr. Durrant decides to inform us as to the current staus of this company.
What in the wide world of sports is going on here?
(Pardon the Blazing Saddles reference)
Is Ameritarde off their rocker,
Or is the Bid .21 ASk .65 ????
Yup! :)
I don't think they could pass you if your order was for 5000 shares, less than that, anything goes!
Only if you open the drawer and remembered you held shares :)
It is a alternative approach to dealing with the ramp up schedule of a new company trying to find its legs, put your shares in a drawer and forget about them, as opposed to daily hand wringing. Once Toby was re appointed, and reassured the shareholders, if you believe him, put them in the drawer for safe keeping, if not, keep up with the daily hand wringing.
If the company is to become what we think it will (Thank you Tiso for the constant progess updates), it will not need EOD paint, or IHUB investors to make it succeed. Although without the EOD paint, I might have to go back on the dramamine.
Huntsman maybe
It seems like I will be holding these for a while,
Put them in the vault and forget about them,
Looking at these every day only causes agita.
Hmmm,
Quaz and Loupai,
They must be the two 3Power executives with the IPHONES and IHUB apps!!
????????????????????