TelVue is a winner
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CPOW. Up 19% yesterday up 14% today. News out.
http://www.marketwatch.com/story/clean-power-concepts-inc-secures-feedstock-agreement-2011-09-08
CPOW now up 14% on this news:
http://www.marketwatch.com/story/clean-power-concepts-inc-secures-feedstock-agreement-2011-09-08
CPOW. Up 14% today.
News just out.
http://www.marketwatch.com/story/clean-power-concepts-inc-secures-feedstock-agreement-2011-09-08
I am not sure such a thing is actually REQUIRED. Can you dig up the SEC/FINRA regs on that? This is the OTC, not the big boards.
Oh and welcome back to you too. I figured as soon as we started going up again we'd see some familiar faces back.
Folks that bring the negative help accentuate the positive. Call it the ying and yang of investing.
Welcome back to the board.
Next resistance is at .033.
I do, I just wish we were hearing something about that. In an email in June or July, Mike told me that they would start providing cooking oil to China in August. We are in September now so something SHOULD be happening on this.
CPOW. yesterday up 19.05% and up today by another 13.60% so far.
CPOW up 19.05% yesterday and up 13.60% so far today. Nice gains.
Now we're up 13.60%.
Anyone thinking of getting some?
Hi Slim.
It's more than could be easily explained here but essentially it comes down to supply and demand. If someone wants something that is in short supply it can cause it to be more valuable.
My opinion is after months of shortie shorting the snot out of this stock, ANY buying pressure is forcing a cover.
CPOW. Ran up 19% yesterday and up another 8% today.
CPOW. Up 19.05% yesterday. And up 8% so far today.
CPOW. Up 19% yesterday. Up 8% today.
It's a stretch but I have a theory.
I wonder if some people bought CPOW based on that press release thinking CPOW was a mining company.
One thing is certain - a SMALL bit of BUYING pressure and this thing moves up.
Ergo we need buyers and this thing will keep heading up.
Very nice.
Yeah this was odd. Showed up on the scottrade website for CPOW.
Well we're up over 4% today after being up 19% today. Without news. So either somebody knows something or thinks they know something.
I noticed that. One of the market makers must have been too long in line at Starbucks and arrived late for work.
We have been over this. There are no false 8Ks. Plans change, people change.
The 5% thing was because the Chinese were going to completely fund building a crushing plant for CPOW. They would have millions in outlay upfront and so would be taking the lion's share of the profits. At this point I do not even know what the plan is with building the crushing plant. As far as I know, the signed agreement is just for the purchase of cooking oil.
Some cleanup of the I-Box has been done.
Some I-Box updates have just been done.
I've only seen one person on this board yelping about selling. If I had two dimes to rub together right now I would be buying all I could get my hands on. It is very true no one sells TelVue. One poster insists on calling to our attention how low the volume is, trying to call this a problem. Well, low volume also means there is no selling. More eyes are looking at this stock every day and realizing the time to join the party is now.
I do wish I could see that far ahead - I would be a rich guy. But I do know we are suddenly up 19.05% today and I wonder if this will bring in more buying pressure tomorrow and bring on a squeeze. For 3 months or more shortie has been shorting the snot out of this stock...
Interesting to see that there are only 42,000 shares between us and 36 cents.
CPOW. Up 19.05% today. Looks like it found a floor and is a bounce play.
And here's an interesting one. The ask is now at .025? Someone trying to cover or something?
2nd Resistance point is something like .0213 and .025 is WELL above that.
Sidenote.
It appears TEVE picked up an institutional buyer earlier this year. This buyer did not appear on earlier reports.
Gartmore.
Here's the link.
http://finance.yahoo.com/q/mh?s=TEVE.PK+Major+Holders
Yes I have heard this argument before. I am not talking about holding stock I am talking about selling vapor shares and I suppose you will now say this never happens or happened in the past on the OTC.
My question is, why is the short volume most of the total volume unless the market maker is in the hole and has no shares to deliver?
Within the last 3 months we were at 7 cents. The stock has been systematically taken down mostly by small drops of less than 10% per day. Why less than 10%?
If a stock is down more than 10% in a single day and there has been short selling on it, supposedly FINRA regs issued earlier this year require the short position to be covered within 13 days.
Otherwise there is a Fail to Deliver which is reported to the SEC and appears on the SEC FTD list.
At least this is my understanding of these regs although I am not an investment attorney.
It is easy to see how anyone holding a short position on this stock has benefitted. From 7 cents to 2 cents, making money the whole time and not having to cover as long as the daily drops do not exceed 10%. For example the stock yesterday was down just over 8%.
Well in the last 3 months the company has not really given us all that many reasons to expect shareprice to go up. Who knows what would happen if they actually pulled out their finger and buying pressure came in. The squeeze could be substantial, given the cumulative short volume which has not been covered for 3 months.
A few things would have to happen.
Existing shareholders would have to hold tight to their shares.
The company would have to make a genuine effort to prevent any dilution which would include not using shares to pay for operating expenses.
We'd have to see some continuing improvement in the bottom line (financials). It HAS been getting better but not so much as to cause investors to sit up and take notice.
Some form of promotion would have to occur and by this I don't mean a paid pump but ligitimate press releases on multiple channels not just marketwatch or whatever but mainstream news outlets such as Reuters and trade publications related to agricultural business.
The company currently sells on the Frankfurt Exchange. It should be noted that Germany has recently outlawed Short Selling and this is part of why Germany is undoubtedly the least affected by the European Debt crisis and the strongest of the EU nations both economically and politically. Well the company would have to get more volume going on the FFT Exchange which would outweigh the short selling on the OTC.
And of course, Joint Ventures and production of the companies products has to occur: neutraceuticals, livestock feed, canola oil, biofuels, etc. etc.
Everything else about what happened in the past and who the execs are and whatnot is really so much noise that feeds the bashers.
Shortie is still hard at work on this one.
Like I have said many times, everyone here has a reason for posting here.
Insanity. How does one flip a stock with a spread of 7 cents on the bid and 24 cents on the ask? You yourself were complaining you couldn't get out of the stock. So how does some mysterious flipper do it?
I have no doubts. TEVE is a winner.
Well just because you go and run your mouth on the TEVE board does not mean I am going to back down over here. Sad.
I am collecting what data I can from Mike and will post it here when I have it but will reiterate the CEO is under no obligation to disclose his operational plans by email. His official communication lines are SEC filings and Press Releases and you try to get an email with corporate structure data or operational plans out of the CEO of GE, Ford, Apple or any other company.
Funny how this board is so quiet until the stock is on an upward movement and then really starts humming with naysayers...
Despite what anyone else has to say this stock is up about 90% year to date. How many other OTC stocks can you say that about?
So someone two days in a row transacted 206 shares? Hmmmm....