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Its awful news...
85 Million more shares to dilute the already existing 274 Milly shares...not 261 million anymore people. (That should tell you something right there)
Where is Mad to tell us that this is a step in the right direction and that this company is doing all the right things, and that there is a rabbit going to be pulled out of a hat, and that BIG things are coming! LMAO!
I called 500 Million outstanding by the end of 2016....let me adjust my prediction to end of 2015.
I agree with you ritchie! 100%
Look at NEOM Neomedia. Great patents on QR codes. You would look at that company and think, damn this thing is going far and fast. But its a joke... its a scam stock that just prints shares, reverse splits...wash, rinse, repeat.
You have to call them like you see them. And as of right now, the pattern that ritchie mentioned is dead on.
Patents dont mean a thing without sales.
This is a loser for awhile... thats all.
I think they will make progress, but they will never be the next big thing as some people here suggest.
Andalay is a has been, or should we say a never was. They are virtually irrelevant in the global market for solar. When you look at the big players in the industry who are reshaping the future, Andalay is no where to be found. Oh wait! Theyre on Amazon wow! and theyve got 2 ratings! yeaaaa!
The stock is priced accordingly to the value that this company has. Under 2 cents.
Please stop telling the board that this is going to be BIG. The only magic trick youre going to see is...Abra ca dabra...POOF your money is gone!
My prediction is that by the end of 2016 Andalay will have over 500 million shares. They will show some progress and have better quarter over quarter performances, but will not show a profit...
It will live and die on the OTC, meanwhile, solar will make HUGE leaps and bounds into the future.
CSIQ just had a blow out quarter. Now THATS an investment to make right now!
Where at in Illinois?
The one thing that I noticed from the 8K was some dilution. It was stated that we now have 249 M shares, not 241 M. So 8 M new shares came onto the market in the last few months.
I would expect alot more as well. If every quarter is going to have a $600K shortfall from operations, they have to pay the bills somehow...
Yea looks like they both got filled.
Thats good. Tells me that the stock is sitting in better hands of someone who is going to hold.
$25 Grand on a pennystock OTC???
Either he is incredibly smart...or incredibly stupid!
1.3 Milly on the ask at .019? Say WHAAAAT? Someone thinks this is going up...
Are you kidding?
How much more help does the guy need? He obviously watches stocks everyday if he is posting on IHUB. If he cant execute the trades that he knows are necessary, then he will pay the price that he KNOWS is right around the corner.
But to your point imrichbeotch, here is the play for him. Sell into news. Rebuy back in when the flood of sellers and shorts are done. I'm guessing he already knew that....I'm guessing ALL of us know that. Pulling the trigger on selling a stock that just received FDA approval is not an easy thing to do. If you're not disciplined enough to make that trade, then this isn't the business for you.
My advice for him is to man up and execute better trades with the knowledge he has, and for gods sake QUIT whining! The stock market is a vicious place, full of forces and money beyond our control. Listening to people cry foul is almost comical at this point.
Wait...you understand that upon approval, people sell the news knowing that there will be a flood of selling.
And this is common in the bio/drug industry.
It should make you happy that there is an almost concrete predictable trading pattern virtually EVERY time! As an active investor, you should know exactly what to do here, and make alot of money doing it.
Yet you sit here and complain that it makes you sick.
Why people wonder why wall street wins and the little guy loses is beyond me! You have a blue print to make money (rather easily) and you sit here and complain.
Its like your taking a test, and you have the answer key in front of you, and youre still failing! lol
40 Million for sale at .0003...
I think its safe to say that IF those get bought (which I doubt) there will be another 40 milly at .0003 right behind it.
Remember YA has 900 million shares to get rid of.
SO..when the company just r/s the company went from 1 billion shares to 333 million (roughly). Now the company is back at 1.2 billion.
Laura has been doing this for years....and the company has generated almost no revenues. At least not enough to support everyday operations, and LM 6 figure salary...
so where is the money coming from to pay her?
" She has assisted in stealing our money over the years. "
Yet you just bought another position??
Thats funny...You know its a scam, and you STILL put money into this?! Laura is laughing all the way to the bank with your new positions!
Not looking nice at ALL
Looks like theyre done with the 5 Milly blocks of shares at .0005 and they have moved up to 20 Milly blocks at .0005
If thats looking nice then I would hate to see the girl you think is "nice" looking....
Yea, they all go through the same thing. They will survive on printing stock, and the share count will become astronomically high, they will reverse split. Hopefully by then they might be profitable. If not, wash, rinse, repeat.
This is a trade stock. Not a buy and hold. You have to trust that when it shoots up, and I agree with you that it will, you have to sell into that. You dont want to be around for the dilution rounds (like now), and I suspect there will be many more in the next year. I think in the last year and a half they have sold over 150 million shares.
I would imagine the board would get together and change the Authorized Shares to be something like 1Billion. If right now there are 500 Million a/s, and they sell all those, then they can just magically print more!
Kind of like the federal reserve just prints money at will in these QE's. makes the dollar weaker, just as your % of stock ownership becomes weaker.
Yea possibly...there is strong support at 018. My guess is that when the dilution is done, we'll get a run back to .03 but that could be a week,month,?
Hate to throw good money after bad, but an average down might be a good idea here.
The reason is they are diluting like MAD MEN. There are now 241 Million shares. So figure that something like 50 million shares have hit the market in the last few months.
I know they need the money, my god, they have $39,000 in their checking account.
This company is still on life support, and that support is at the expense of the share holders right now. I know the numbers looked good as far as growth, but when your selling that many shares into the market, it will definitely stall the stock price
Lol...and just took two weeks to gobble up the 5's. Just think how many 6's there will be to gobble up to get to 7. Not to mention all the people who bought at 5 and can sell at 6 for a nice profit. This isnt going anywhere for a while.
Doesnt matter...Just another 5 Million shares at .0005 right behind it...
we cant clear 6 because there seems to be an endless supply of 5s.
Evertime 6 comes up another 5 milly of 5s is always there. Thats gotta be dilution happening!
Volume drying up???
Just over an hour of trading and 22M shares traded is drying up?
Why are you calling the SEC??
They dumped all their shares at .015!! LMAO
I dont think many people are in profit right now. Hasnt the entire float has turned a few times during the last few weeks? And well into the .80-1.10s...
Unless there are large holders dumping, who else could be selling at a profit?
Warren Buffet made his billions in taking large, concentrated positions in undervalued companies.
Ive taken large positions in three companies. IGXT, NLST and ELTP
I might be the next JeffroBuffet! Look for me on Forbes 100 list of billionaires in 3 years! LOL
I only have about 4 years of trading experience. I never learned buy and hold. When I started investing, the market was a volitile 300 point swings a day!
Always a student of the game...I was amazed that once I stopped using fundamentals as a source of buying and started using momentum and dips...my profits increased greatly.
Ok just curious...I always like seeing different ways of planning and attacking stocks.
Thank you for that information...I wasnt sure if eveyone had their own trading strategy or not...Now I know for sure.
I was talking to Chemist thanks
I dont understand that strategy?
Youre keeping funds allocated to buy something that might never happen? If you believe in the stock, why wouldnt you want that money working for you? And all that over a measly 15% gain over what you would have made if you just bought in the low .80s.
Or...put it into something that will make you money while you wait for IGXT to move...
I am liking this lower volume!
Shares seem to be getting harder to come by...
To all you longs and pumpers...
Let me know when you get your FREE shares from the dividend! LOL
They ran the same exact promotion/email/scam 6 months ago!
Thank you to whoever took that 430,000 shares off my hands at .011
I bought that at .0015. You made my night!!
The last week I have sold 3M shares. Everytime a bid of .01-.012 came up in the 100-200K share range, I sold. It took me until yesterday to almost complete it.
And figure that was just 1 small retail guy. I got super lucky this stayed above .01 for so long. (Not easy to get rid of that many shares with low volume). Last time it ran it lasted 1 day above .01, then back to .002s. I think that this will go back to sleep for a month or so before the next big oil PR.
Nice. I grew up by Midway. Live in Downers Grove now.
there just wasnt the volume that I was hoping to get.
I had some KGET when that exploded two days later. Now THAT was volume! 2 days of 270M shares traded! I made a killing there.
I am afraid that we wont see that kind of volume in this stock. I am trying to pick my spots carefully. I watch this everyday, and I know it can jump to .015 in a heartbeat.
We'll see how many 500K blocks get put up at .01 today.
I know!! But it was only over .02 for a few trades and thats it. I had too many shares to unload. Alot was at .018 ,so I took a chance and held for the next possible run...
Where at in chicago?
Selling!
Thanks for the 5 bagger! Good luck holding that bag! Lol
Smart buyers bought at .002. Smart buyers are selling right now...like myself.
Not my first rodeo
Someone dumping BIG lots of shares at .01
that cant be good...
Because it creates buzz...which creates excitement...which creates word of mouth...which creates web traffic...which creates momentum...which creates people buying...which creates massive profits for those who created these shares at .0001.
Wash...rinse....repeat...
its a thing of beauty if you look at the big picture that nothing exists here. Its the stealing of money from good people who just want to believe they're in on the next BIG THING! lol