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Where do people see this heading in the next month?
Valuable info regarding why cutting edge cell developed for so little money. He states that he will have game breaker technology for 10 million or less.
The longs on here should direct newbies like myself to these old posts when they come around asking questions. It's a win win situation for everyone.
This is funny. You guys sit here and bashed me for asking questions when you did the exact same thing.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98125277
Thanks for the comforting response.
I didn't mean for it to come off the wrong way. I'm just looking for opinions on this post from the yahoo board. I get scared reading stuff like that.
I'm not bashing or trying to start problems. Just want to hear this boards opinion on this post from the yahoo board.
"I missed the stock option footnote of vested options and un-vested options. So let's see, he sold since April, 2014 over 3 million shares-- around 10% of total vested and his average selling price was somewhere between a dime and .15 (close enough). At the rate he is selling over the past 8 months it doesn't take a genius to see that this guy will probably unload a million shares or so for every dime increase...that's his MO . At this rate I can safely predict with the 40 million shares between this clown and Abraham that the chance of this stock seeing .50 no less the two to four bucks everyone is predicting is slim to none. Here is the reality, the guy is selling when he should be holding. Big investors like yourself will not get involved---this truly acts like an MJ stock PLPL, TRTC etc. All hype combined with shell company games equals a dead penny stock that only favors day traders if anybody. I bet you this stock will see .15 by year end or lower before it ever get's to .30. Kiss away .50---it will never happen. If I am wrong I'll admit it, but I know this is a scam company and my year end prediction will lend more credence towards my assessment than yours....Let's see who is right by the end of the year. I also will tell you that at least another few million shares will be dumped at anything over .25, hence it will never go over .30 for very long. Two steps forward and three back is the game these two clowns are playing at the expense of longs buying and holding for gains from here on out. Less"
Sounds like it to me too.
Totally agree. Well said.
With diversification, you have no chance to lose it all, but you also have no chance to make it all.
Agree. Everyone always talks about diversification when it comes to investing. That's why everyone is not rich. Sticking to a few plays can leave you poor with nothing, but it also can make you wealthy. I know I will catch slack for this, but diversification is for suckers.
Looks like this range will hang around for a month or two. Obviously, anything can happen, but I think this stock will be stuck in this trench till real news comes out. Interest seems to have left. Based on the plan of the company, there will be nothing new to drive a price jump till 2015. It's impossible to know if the stock is overvalued or undervalued based on the information we get. So I really can't see this rising without new news. There is nothing happening that will attract day traders to move the price up. Basically, if you buy at .20, you are not really expecting it to go much higher. Better odds of it going lower in the next month than going up. So the traders will be back in 2015 when there is actual news. This stock has been milked for this year. The big gains already happened. Just my two cents. Not bashing, just trying to be real about the current situation. Long term I def believe. But most stock buyers don't care about long term in a market like this. They want short term risk plays. Plays like aemd prob took most of our participants that were playing this stock. Someone stated that they bought higher than .25 and will hold. I disagree. You don't know traders. Traders don't care if they lose, esp in dec, they will just sell for a loss for tax purposes. Traders play swings. They don't hold. If they lose, they cut their losses and move on. Holding for them is losing money. They are constantly trading. That's why they are called day traders.
Do you think the volume will break 1 million? Almost no interest at these prices.
It's still a good board. You have to understand that there will be times of turmoil like now. It's not a perfect road. You can't expect that it will be, it's not realistic.
yes, this is insane. No volume at all.
Agree 100%
I agree with your statement about the company's selling themselves cheap. You have to question that and come away with conclusions that it has something to do with the cell. It does not make much sense otherwise.
Thanks. You honestly make me feel much better about my investment.
This is why I'm rooting for sltd. The destruction of our planet is pretty sickening. The faster we can get a technology that can beat (not compete) fossi fuels, the better off we are.
Exactly!!! That's what is so scary if they don't have a cell that actually works. Investors are really focused on one thing, the game changing technology. Without it, this company will not be able to beat other energy sources. Hence, the company will be dead to investors.
If the reason you stated for selling his shares is true, then that is great. If he is buying shares back, this gets me excited. I just need to see the proof. Thank you for your response.
I'm coming to the board for info. It's almost impossible to find info on penny stocks. I don't know it all. I'm just questioning red flags. Is that not what we are supposed to do. Do you know how many people get burnt by penny stocks every year? You are a fool if you don't ask questions and work collectively as a group to figure out what a penny stock you are invested in is doing. So that's why I'm asking questions here. I have been in since July. Watched it at .7 and jumped in when it hit .10. I was scared back then and I'm scared now. I didn't post or question during that time because I didn't see much to question. Now when the CEO starts selling again after we hit an all time high, I get nervous. Am I not supposed to care about my money? Am I just supposed to go with the flow because the stock has been going up the past year? Was the stock not .25 cents a couple years ago before getting slammed? Why can't that happen now? Because they have aquisitions? I've been burnt by penny stocks before. So I question everything when it comes to penny stocks. They lie like crazy. It's the Wild West. Which is why most people won't touch them. For the last 3 months I have looked at this stock as a gem. I waited for that 3rd qt earnings report and expected to be at .40 pps by now. Guess what, the earnings report didn't come close to expectations. The entire run up on md was washed away by the earnings report. The CEO talks about 100 million revenue for next year and we lose almost 40% of the gains. Then you find out the insiders are selling their shares AGAIN. Then the volume totally dries up to almost nothing. Now the stock is battling at the 50 day moving avg and you question why I'm nervous. These insiders dump any more shares with this kind of volume and we are going lower. You guys act like the amount of insider trades is nothing, but when the total volume on a day is 1.3 million, it's scary to have a CEO dumping millions of shares.
Clay trader pointed out the same things I'm questioning. He said the volume has dried up. I seriously do not see how they can release any new news in the next month. If it is news, it will be fluff. There is no way this company can expect more than 100 million by next year. Meaning, two aquisitions is already pushing it, you can't tell me they will have three or more aquisitions next year. So what news is going to come out? It's obvious the cell is not coming out this year. So what type of news will push this volume up? The stock is continuously tapping the 50 day ma. What happens if it breaks through? This is why I'm asking questions. I'm not going to sit here and hold if it might go to the mid teen range. I get it if you are long, who cares. But it's dec, and for some of us, it might make sense to sell now if it is going to go lower for the time being. You know penny stocks are driven by news. No news and they usually go down till the next pr.
This was just posted on yahoo. I'm not bashing. I'm seriously trying to get to the bottom of this. I agree with this poster. How could you say that insider selling is okay? It seriously defies logic. Humans are greedy, if this CEO just stated that he expects 100 million revenue next year, why is he selling at such a cheap price instead of buying? You guys say that he needs the money. Why would a guy with his resume need the money now? He should be able to retire already, not be living paycheck to paycheck. Let's be real here. I'm from nothern nj, the land of lots and lots of money. I do not know any rich individual with his kind of resume that would not be holding the shares. It does not make sense at all. It also doesn't make much sense that the original address was for a trailer park home in Vegas, that he now has put on the market, and moved up to a townhouse. Why would anyone making a salary of 275,000 own a trailer home? If he is desperate for money, why is he selling his trailer home and moving up. Why not stay in the trailer home, save the money used to buy the townhouse, and instead use it to hold the shares? Just trying to make sense of it all.
"this is not a pre-determined option exercise date, this is selling shares instead of buying shares. Your overkilling trying to refute a point that can't be refuted---he sold a ton of shares for pennies...plain and simple. He could have sat on these shares like the rest of you especially if he knew the trust would gain a 5x return---that he clearly doesn't see happnening. Again, an insider sale is an insider sale....now stop making excuses and playing the semantics game. The head of the company is selling shares when he should be buying plain and simple."
Why would it go up? What kind of news can come out that we have not already heard? If it goes up, it will be based on manipulation from Mm's trying to suck in buyers and then flip the switch. He already said he is going to have two aquisitions and hopefully 100 million revenue by end of next year. Besides a cell, what more can he release. So this stock is probably going to trade sideways the next month or two, unless it gets manipulated by the people trying to day trade it.
From yahoo board.
"Been here quietly since this was .05. I have sold a couple lots and purchased a couple dips since. I however am expecting a bit of a pullback to .16 only for the fact that there has been more volume on the downside of the last up-run than up volume and made a complete retracement rather the 1/3 or 2/3 values typical of continuing runs. Of course, insider selling whether for tax purposes or not still has impact. JN has telegraphed everything he is going to do and seems to follow through and that is a positive sign for the future. The massive potential still comes down to the cell...one way or the other. I don't mind bashers or longs. I will just work with the volatility they produce just like everyone else must do. If you give me .16 I'll certainly take it LOL....Maybe even .171."
Avg volume last 10 days is 10 million....we are 90% below volume.
I know it's consolidating, but this is crazy. Almost no volume at all. You have a big position, how do you get out?
Does anyone have any idea what is up with this volume? Was it ever this low? Don't know what to make of it. For the past couple of days, the volume has been decreasing on a regular basis. Just trying to figure out what is going on.
Yup, and this volume is weird. It's almost non-existent. No idea what to make of this right now.
Last post for today. I'm out of messages. This is from the yahoo board. Guy is asking the right questions.
jwcp48917 • 46 minutes ago Flag
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It is interesting that the 10Q was released at the same time the insiders sold but yet there was no earnings PR. They lost a lot of money from Tuesday thru Friday last week by selling in that manner. There has been talk in the past about JN's share sales being automatic and tied to some trust. I can't substantiate this. Were you able to?
That whole situation leaves me scratching my head. Why not issue a PR with the 10Q? Why not explain why the Q3 Revs were less than Q2. Why not toot your horn?
Instead they lost tens of thousands of dollars on an eroding share price as they were selling
Stop counting paper money. You didn't make a dollar until you sell. If all the longs try to sell 30% of their stake in this company, guess what happens? So don't count your money until you sell, it's a penny stock and anything can happen in a blink of an eye.
Okay, why did they resort to accounting tricks to inflate 2nd qt?
It's the fact that he is selling. Why is this so hard to understand. You guys claim it's normal for an insider to sell. Sure it is, after they developed the company. It's not really normal to be selling at this stage of development. A ceo that cares about his baby, will leave the stocks in the company as a sign that he believes it will grow into a mature adult. If the stock becomes a teenager, they will usually sell some before it becomes a mature adult, but def not sell when it's still a baby. The point of leaving the stocks in the company are for two reasons. To have skin in the game (meaning you want to avoid bankruptcy at all costs) and to also help grow the company (this is the most important reason for insiders to not sell). It's so hard to get capital for these penny stocks, and we are sitting here rewarding the insiders like they are some gods. That money can help grow this company so much faster if it is left in the company. If the ceo is expecting 100 million revnue for next year, why in the world is he selling every share. That's a hard question to figure out. If you truly love the company, leave the capital in the company and let it GROW!!!
Prophet, you do realize this is exactly why he calls it a pump and dump. The insiders sells all his shares, releases news to jump it back up, rewards themselves more shares that they sell into the news and do it all again. I'm not saying it's a true scam, but it does carry some characteristics of a pump and dump scam. It looks like a good company, but these moves are very questionable.
Just be careful with some of the optimists on this board. I'm not bashing when I say they are based on emotion as opposed to logic. They will never see anything wrong with the company. In their eyes, this is the best company in the world and is going to make them very rich. So a little caution needs to be taken when reading some of these people's opinions.
In penny land, you must be fully aware of insider selling. It's never a good sign in penny land when the insiders are selling off their shares on a regular basis and then rewarding themselves more after the sell. Everyone has their opinion on it. It might be okay, but you really need to question it. The longs say it's okay because this has been done before and the share price still went up. So it could be alright, but you always would like for the ceo to leave his skin in the game as opposed to taking it out. Usually sends the wrong picture to the investors if it's a penny stock.
No penny stock is safe. They are risky, but that's why you invest in them. They are risky, but with risk comes major payoffs. Penny stocks can make you a millionaire if you get lucky, they also can take your entire investment in one day, hence why I have been asking so many questions on this board lately. I don't want to give my hard earned money away, so I ask questions when I start seeing questionable issues with the company. The longs believe everything is ok, so I guess take their word for it. They have a lot of money in this company, so I'm assuming they are telling the truth.
Just look at this volume. Almost no demand. Right now, the bear traders have the advantage till news.
Yea, but if we go below the 50 day ma, it could definitely go to .16-17. That's the gamble right now for the day traders. I honestly think it goes down, based on no demand. People buying in right now, do not expect it to go much higher till some major news hit. Without news, not much momentum to lift this boat.