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well looks like we had a major dump today, the smart moneymakers took theirs out wed and thursday and that left the rest who seriously panicked and had their sells plugged in long before the market opened, support got crushed on the open and it went right where i said it would btw .125 and .15, i too should have sold in the high .20's and rebought, could have doubled my pos, oh well you live and you learn, i did though gain some valuable insight into this board, this is a PUMPER board, do not ask any serious questions, plenty of stock charts yesterday from the resident chartman indicating 'all set up and ready for the next leg", 'we had a great interview today this things gonna run tomorrow', ready for the next leg down you should have stated, a stock board is for discussing a company folks but no discussion goes on here, just PUMP, PUMP, PUMP, and the sad story is you guys are probably very good, you probably knew exactly which way it was going today, you also probably sold your shares wed and thurs and rebought today the longs that you are right?, i'm not angry folks that the pps went down, i hold my shares at .06, but i do feel real sorry for the newbies that came here touting 'i got in for .28 .25 .20. .17 etc etc, and all you guys had to say to them was 'wow great buy, super entry, it's all up hill from here, 17.5 book value, 1.7 bil in orders, THEY ARE NOT ORDERS americano, the ceo said this the ceo said that, is that your idea of DD, laughable at best, your tech analysis second laughable at best, don't ever take the word of a ceo from a pink sheet and now don't listen to the PUMPERS on this board all they want is YOUR paper my friends, as for WWEN i still believe it will be a fantastic LONG TERM investment and i'm sorry to say until they finish a plant and get real orders for product the best thing you could do, "if your so worried about your money", is to buy the dips and sell the spikes, it's a great way to double your shares along the way and pocket some green, then again i don't need to tell you guys that
no problem lowman, but some of the other posters should refrain from calling people newbies or anything else especially when they don't know that person, what they do, or how experienced they may be in trading or investing, just shows a lack of respect when all i was trying to do was give my honest opinion as everyone else does
for one, and again i will state it again, i called the company and was told to submit emails, no response, the phone was answered by a man who didn't say hello this W2 Energy how may i help you, it was answered, hello, pretty lame for a company with 1.7 bil in LOR's, second and i will state it again, i called AK and ABB and spoke to several high level executives and they all stated they have no knowledge of relationships with WWEN, third if it was a P+D do you think the person you spoke to on the phone would tell you anything you didn't want to hear, if so as i once told Americano, i have a bridge here in brooklyn for sale with revenues of 1.7 bil a year in tolls, want to buy, not being a smart ass, just a joke, i hope WWEN runs to the moon as we all do but i am seriuos when it comes to DD
maybe you are misunderstanding me, i am all for this company, i am invested in the future of this company and believe all the technology is real, just don't like being called a newbie and told to listen to "the wiz kids of this board and maybe learn something' who pretty much hyped today to be a big gainer when it wasn't, i don't trade on the hype of a board, as you well know it doesn't matter what this board says, there are much bigger forces at play that determine whether this stock goes up or down, believe me i'm not right 100% of the time and will never claim to be, after a run like the first day the only thing that matters is historical highs and lows, resistance and support, if the support at .225 does not hold then it's back down to .125 - .15 where the pps has hardly traded, it's also quite possible for new highs, technically the run is not over, RSI is slightly below oversold, MF is still positive, Stochs are still trending above 50, and macd hasn't started to cross over, anything can happen, let's hope that more investors listened to that broadcast and are ready to invest long term, my only concern is last run it was Pumped and Dumped and please don't insult my intelligence by saying it wasn't
you do not read well do you, again i am fully invested in my stocks with no paper available, again some of us work during the day with no computer access, again i have answered your question, no i could not buy at .16 with no paper, i have no computer access at work, besides as i stated last post if i sold and then rebought with that money i would have to wait three days to sell, not worth the risk, now answer my questions, have YOU ever tried to contact AK and ABB to confirm the PR's, i never said the company doesn't exist, but why are you so defensive when someone asks questions about the company, so i will state it again, has anyone on this board ever called AK and ABB to confirm the PR's other than me??? and if so do you have the contact info for someone at those companies???
nice try? thats nice, go read my post from yesterday, see how accurate i was, next try to find anyone at the two companies who know anything about WWEN, i couldn't, want their names and phone #'s, i'm not bashing the stock i own, some people have day jobs and no computer access during the day so daytrading is out of the question, besides i am leveraged now with the stocks i own, so getting stuck with the three day sec regulation by selling, rebuying and then selling again if needed doesn't float well, man you guys need to lighten up
ok, so now lets go back to my post yesterday, in the post i said the pps would make a run in the morning between .05 and .07, it went up .03, oops my bad, i then said it would come back down and if it broke resistence at .225 don't be surprised if it went down to .15, it hit .16, i then said it would close flat from yesterdays close, it closed today at .23, .005 over what i said would probably and hopefully be new support, after that post i was reprimanded by people on this board complaining that there was no way the price would go down today, one of you even called me a newbie, LMAO really, another poster was hrshly reprimanded for asking all the right questions that no one on this board seems to want to answer, i have other questions, for one i called the company and was told to submit all questions by email, three emails later no response, so i called AkerKaeverner and ABB with whom management stated in PR's they have a relationships with, two very high level executives at both companies ststed they could not find anyone in their companies who have any knowledge of WWEN, i can provide their names and phone numbers upon request, has anyone confirmed that relationships exist with these companies, now don't get me wrong, i have a fairly good pos in WWEN but when i couldn't confirm i too thought it was a P+D and the harsh responses from this board indicate that not all you people say is on the up and up when someone questions this company, i have thouroghly researched this company and to the person who called me a newbie, still LMAO
Midas
i really hope your right, because i'm all in for the ride, and with 91 mil issued and 200,000,000 authorized when it does reach a decent pps don't rule out a 2 for 1 split, it would be awesome and maybe give some stability to the pps, if i was a daytrader i would like it right where it is, could have made a bundle flipping it today but i'm in for the long haul
what you people need to understand is that 17.5 book value is only valid if and when they convert the 1.7bil worth of LOR's into contracts that they can fill , they haven't and they won't until 7 10,000BBD reactors are built, that is what is needed to fulfill those LOR's and if you don't believe me here is the PR
W2 Energy Inc. Receives Letters of Request for Production Quantities
Monday May 8, 6:00 am ET
NEW YORK, May 8, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US$1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada. Mr. Michael McLaren states, ``We have begun the process of marketing our product and have had outstanding results.'' He also states, ``The Company has been working on the long term financing of these projects and is cooperating with some large project finance firms to bring these plants to fruition.''
that said they are most likely many years away from 17.5 but you people throw it out there like it's going to happen tomorrow, forget the 17.5 and the comparisons to SUV and let's worry about the first buck first
now that would be absolutely awesome, i really hope it happens, midas loves green and since i'm all in at .075 it would really make my day
never said it was going to dip, just said it would trade flat tomorrow until after the interview, also said i believe .225 might be the new support level, also said that after a run like yesterday you can't rely on longer term techs, also said i think the techs are set up again for a run tomorrow but i think it comes back to .25 until after the interview, also said it was my own opinion, and of coarse i hope it shoots up another 200% but i am a realist and i look at the techs(5 day charts right now thats it no long term), if i was to speculate small run in the morning, back down and flat, good run friday with a small retracement at end of day while day traders get out for weekend, JMO
looking at the chart i see good support at .225, people are in for about 37,678,800 between .225 and .275, lets hope for it to hold here at .25, if it runs below .225 tomorrow don't be surprised to see it run back down to .15 to fill in where it hasn't trade, i really don't see support at .175 which is why it blew right past .175 as a possible resistance point, looking at a 6 month chart it actually shows distribution today but when you look at the intraday there was really very little distribution if any just consolidation and hopefully a new support level, looking at the intraday macd has has steadily moved right back up to 0, stochs are right above 50, RSI at 50, and bollingers have squeezed up again, all ready for another run IMO, how high, no idea at this point, my guess .05 to .075 before coming back down to .25, IMO it will end flat tomorrow waiting for answers to question from the interview, what happens during the interview will determine if it runs big again, definately very good consolidation today, forget about looking at longer term techs or comparisons to last run, after a run like yesteday longer term techs are out the window and anything is possible,
GLTA
all info is JMOHO
whole new avenues can now be obtained, very cheap fuel, possible major government investment, possible takover candidate or merger with much larger company, possible major institutional investors, 5.88 a barrel, that is outright incredible news, they need 7 10,000BBD plants to satisfy the $1.7 bil in requests but might take years to build without the right financing, not to mention another $500,000,000 in fertilizer product, how about licensing the technology to move things even faster, should be another 50% - 100% tomorrow unless some big boys decide to take profit
outstanding day today, looking for a gap up tomorrow, i hope, this stock is very volitale and can bounce right back down in a minute but i don't feel thats the case, i believe they have 200 mil authorized, someone said 40 mil O/S, if and when it goes over 2.00 and we have AMEX listing, don't be surprised at a 2 for 1 split, you heard that here first, JMO and always do your own DD, GO WWEN
not much of a move!!!
and here you are wrong again, there is major resistance at .075, they made an attempt to crack that resistance on 6/26 when the price went to guess where .075, that attempt failed which is why we are back down to .052, bollinger is squeezing up tighter now and we are still above 10 day moving average so the reversal has not failed just the attempt at .075, we have already crossed .06, .075 is the magic number, HEAVY RESISTANCE there, when that is cracked expect more(but lighter resistance) at, .125, .225 and .275, break all these and we will get to .50 and beyond, what do you base a spike every 4-6 months on, THERE IS NO OTHER DATA TO COMPARE and make that assumption, again and for the second time, MANAGEMENT CANNOT CONFIRM ANYTHING, confirm it through an outside source or it is worthless information, do you read charts?, also i have another bridge to sell!!, want to buy
seriously though americano, i am nicely invested in this and i too would like to see it go back up, but i don't speculate on what could be or take guesses at what might happen, i read and study the charts and of course the news, i have sent three emails to the company with serious questions and have recieved no response from management because the questions i am asking may not have any answers
i guess i will have to tell you this again, but this time i'll make it real short, THE SHORTS WILL COVER LONG BEFORE THE PRICE EVER GETS TO .13 IF MOST HAVEN'T COVERED ALREADY, THE SQUEEZE IS A NON-FACTOR, cmon americano ONLY 5.6 mil shorted
agreed, 10 - 15% a day, with a couple off days in between, and then the slam, let the mm's accum for a bit, the more they accum. the better the run
unfortunately i have to disagree with 'alot of people bought at over .30', and if they did that money is long gone, there is a little money sitting at .30, the solid base is between .045 and .10 which means good support at .045 and major resistance at .10, without good news that is where we sit IMO, if we can crack .10 there is almost no money sitting at .15 so it should breeze to .20, there is about half the resistance at .20 and .25 as there is at .10, cracking .10 will be the toughest part and probably won't happen without news(a finished producing reactor, real orders, or funding for a scale up reactor), IMO
Midas
haven't had time to call yet but i will, as far as the R/S is concerned(if there ever is one) of which numbers do you speak, the numbers related to possible revenue?, if that is what you are basing you statement on i just need to say, they are not orders, they Are just LOR's, W2 has not stated who the LOR's are from so no one can confirm those PR's either, their pilot plant has not been completed, they have no product to sell, and haven't stated anything about financing with anyone for the pilot plant or the scale up plant, questions need to be answered and soon!
Midas
sorry learner1, i meant to say scale-up from 100BBD pilot plant to 10,000BBD full production plant
midas
hey utmost, they have their main offices in canada where the supposed 10BBD plant is being built in geulf(spelling) ontario, the address is
26 Densley Avenue
Toronto, ON M6M, CA
1 416 246 1100
midas
thanks learner1 for your input, push-forward means they have not started it yet, scale-up means from the 10BBD test Plant to the 100BBD, in other words "no" they have not started constuction of a 100BBD plant but would like to, your point is my point, no one can confirm ABB relationship or that any financing has come through it, how are they pleased to announce all this when they haven't notified investors of any financing in place to build it
Getting very worried!!!!!!!!!
Midas
well let's see, we'll do a little math on that AMEX listing, 97,000,000 O/S, pps .05 give or take a little(OK take more than give), they would have to do a 1 for 20 split to even get there, that would leave 4,800,000 O/S(Just not possible), do i believe the PR, "NOT!!!", i am calling WWEN in the morning AGAIN to ask for their contacts at Aker K and ABB, if i cannot get an answer from them maybe it's time for SEC or another legal authority to get involved, NOTHING ABOUT THIS COMPANY CAN BE VALIDATED FROM AN OUTSIDE SOURCE, sorry Americano but i don't believe anything "THEY" say, if you believe it then i have a bridge in Brooklyn, NY that's for sale, it has 'hundereds of millions of dollars' in 'possible revenue' from tolls but i'll sell it to you for .51, SOUND FAMILIAR
thanks
GS
that's nice contacting the company to confirm there is a short position, the problem with that is it's public news, second problem is only 3.5 mil shares shorted at .17 the rest are at lower pps for total of 5.6 mil, not the largest of short positions i have ever seen as you claim, the major problem here and I DO MEAN MAJOR is the FACT that no one anywhere, including myself , has been able to confirm that WWEN has in place any relationship with Aker Kvaerner or ABB, confirm that, and i don't mean thru WWEN, and this stock may have a chance, i own a sizable pos but i am growing weary because i have contacted both AK and ABB and niether can confirm the PR's, never and i mean never take the word of a company at face value, people set up boiler room pump and dumps everyday, someone please confirm the PR's through an outside source and i will believe again
midas
again, i am not bashing the stock i own shares, but how do you know they can't touch their shares for 20+ months, because they say so, also who is they, also 5.6 mil shorted shares, 3.5 mil alone in may @ .17, is not an overwhelming short position especially since the stock is trading in the millions a day, when the shorts have to cover there will be no shorted shares out there for a short squeeze, they WILL have long covered by then, 5.6 miilion shares will not drive the price up much even if they didn't cover
Outstanding Shares: 97,455,619 as of 2006-06-02
Estimated Market Cap: 3.995M as of 2006-06-13 (based on Outstanding Shares as of 2006-06-02)
Authorized Shares: 200,000,000 as of 2004-12-15
Float: 37,206,835 as of 2006-06-02
http://www.pinksheets.com/quote/company_profile.jsp?symbol=WWEN
i am an investor/trader, i'm not looking for opinions or speculation, there's enough of that in the vague PR's they put out. What i am looking for is verifiable, concrete evidence that W2 Energy has agreements with AKER Kvaerner and ABB, i have not located a single person within these companies or ANYONE for that matter that can verify them, calling W2Energy is not verifiable proof of anything other than they have a phone number. Many scams have phone numbers and no i am not calling this a scam, yet, but i need the proof, i do appreciate the response but does anyone have answers to these questions, AK and ABB are Multinational Multibillion dollar corporations and for them to have no knowledge of press releases released about their company is just not comprehendable
thanks still waiting for the answers
GS
hey thanks for the reply, my contact at Aker K Canada is Murray Hutchinson, he is Sr Exec Of Operations there, tried to email him the PR's, but my mail was returned as 'Unknown Recipient', may have his name spelled wrong, my contact at ABB is Ron Kurtz, the mail server at ABB shot my email down possibly because i included links in it to the PR's. I will call them back for spelling and instructions on email procedures for their companies
thanks again
Midas
hey all, i am new to this board but i do have a pos in the stock, i have done quite i bit of research into this company and would like to share what i know, i would also like any information anybody has regarding any interaction with management, i also called management and was pretty dismayed with a phone that was answered with a hello, not 'Hello this is W2 Energy how can i help you', i had to ask is this W2 Energy, upon asking for investor relations dept. or public relations dept. the phone was literally passed to another man who stated all questions should be directed to info@w2energy.com, so i sent them an email a week ago which has yet to even be responded to, has anyone ever contacted Aker Kaevener or ABB to confirm the press releases related to those companies, well i have, i have spoken to a sr exec at both companies and neither have any knowledge of a relationship with W2 Energy, they both want me to send the pr's to them to find out further information about W2Energy within their companies as they are VERY large companies and even though the execs i spoke to are sr mngmnt W2 may be dealing with a different division, does anyone have any confirmable info on this, on their website why is there no telephone number for the Las Vegas office, i'm not bashing the stock but i do seriuos DD and haven't been able to confirm anything about any pr's and management if that's what you call it did not seem in any hurry to answer any questions i had
TIA
midas