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We keep recovering, why do people keep selling, obviously something in the works.
Well, 6 months we hung up there with no news. But it stayed up longer this time without news.
Hopefully something is happening, otherwise it wouldn't have gone up, I just think people couldn't
wait any longer for news. Let's hope it is their loss.
I can't imagine it to be much longer. I know it is not their way but an update on whatever is going on would be great.
Yes, it would be nice if someone did some real buying again. The bid is back down to 35 cents thanks to the seller, and thanks to no news. We all keep thinking this is the year, this is the month, this is the day. I am afraid it is the same as the day of the Messiah's return, no man knows it.
Whoever this seller is they are trying to drop the price. There is a difference between selling to take profit, and bidwhacking. This stock could have absorbed all the sales made and still been at the high 60’s or even 70’s, but someone (s) are deliberately trying to drop the price. So you have to ask yourself why? Either someone really just wants out, in which case if you believe in the stock you should be buying him or her out, or someone knows something is coming and wants to have the stock as low as possible when the news hits so they can buy lots of stock when news hits. But the price and the fact that it is in the toilet again rests purely on the company. Even a small update would go a long way to helping support prices.
Sellers will drive this stock back to the basement if they keep this up. Buyers try, but why pay full ticket if seller will sell cheap. Thought the cheap guys would be out by now, Guess not
Thought I was pretty clear. I believe Callem has an ulterior motive and may be one of our bidwhackers. By the same token, we all know Energybuyer is a Unicorn, predicting rainbows and cotton candy. The difference is, Energybuyer is who we would rather believe, and who we think has a good chance of maybe being right this time.
Callem, negative tone is incorrect and I take energy buyer to task for it. Downright hostile is much more like it. I love your idea of laws. I don't believe any company would support it, but you can suggest it. If I were going to point a finger at anyone selling at the bid, to maybe deliberately drop the price, or keep the price low, I now know where I would point. I have put my share of negative comments up, and my calls for news, but have never done so in the aggressive mean spirited fashion you do. Part of that is my make up, and part of that is just common courtesy. All of that aside, the last post and the website talks of projects. I have not seen anything that says those projects are dead. IF you have INSIDER knowledge to share please do. Otherwise, I will continue to take my chances with stock that I essentially paid $0 for at this point.
I must admit I am in at an average of just 5 cents. I will also tell you that no dilutionary splits are a very good thing. That all said, if you want out at $1 callem tell me how many shares you have and I will probably buy them in a month or so at a buck no problem. The difference between a Millionaire and a Multimillionaire? Vision. You look for a buck, I look at the plans as described and I see a $4-$6 stock, if not $16-$20. So you sell your shares when it hits a buck to me, I will buy them all, and then sell them at a 3x-10x profit in just 2-5 more years. It is my belief, and yes, it is just a belief, based non research, that once this stock starts to move it will keep going up.
That all said, I wish it would start moving today. Why hasn't it? We all know the answer, someone is selling at bid to knock the price down. You have to ask why this stock has had this recent run up with the plans as announced, and why anyone would sell in to that run up? Time will answer all questions.
You have to wonder why Callem hangs around if the stock is such a loser? I know we have had our ups and downs, but thinks about this, we just went through the worst President for oil and gas and this company survived. They are a lot slower than we all would like, but the energy market is about to explode, even beyond the heat it already has. This is aa penny stock, that is doing fairly well as penny stocks go. It is still around 9or 12 years later, not many do that. Yes, it may collapse, I also read every day that Apple is going to collapse. I for one will hang around a bit longer and watch, heck at these prices I may even double down.
And nobody is saying we haven't. We are saying we have been somewhat unappreciated cheerleaders for this stock. And every time it went up or some news came out, we were even bigger cheerleaders. I know I have had long periods where I borrowed money at high interest rates so as not to sell into a lull and hurt the stock. I think this Board should be thrilled for the number of loyal followers it has had. Many of us have sacrificed so as to help maintain a surge. What I think B ball and I are saying is that while we have tried our best to help sustain a run up, we know that there have been haters out there who have been trying to hurt those same runs. And that it would have just taken information to blow them out of the game. Hopefully none of that will matter soon. The plants should soon be up and running, and any other deals should be accomplished in the next few weeks or months and all this becomes moot as the stock takes off finally on a real sustained climb.
I TOO HAVE LOST FRIENDS AND FAMILY TOO. I will stay strong for a bit more, but hope I am rewarded soon, not after I am too old to enjoy it, LOL.
We are about 3-4 months now since the run up. It has sustained but is starting to fall.
If we get some more buying, or some news, we will do well, if not, then we will fall again.
I, like all of us, am betting on it going up, or we would have sold out by now, and trust me, I haven't.
It would be great if news comes out, perhaps it will soon. It has been calm for a bit now, good time for it.
We all agree sellers are stupid and there is someone trying to sabotage the rise in price.
But the flip side is the increase was spurred on anticipation of news and major contracts or
projects completing. The increase may have been premature, or the people who put out
releases may not be prepared to speak yet. You cannot blame the short sellers for trying to make money by short selling. We wish they would go elsewhere but with a big increase and no news to follow the pickings were ripe for people like them. Hopefully they are done or news may be close, either will help the price go back up.
Tre has been little volume since May 7 and despite a run up in price, still no news. While we are all sure something is happening, the stockholders are in the dark, but I am not here to lambast the corporate side for no news, we have to remember that over an eight year period there has been no real dilution and they have continued to move forward with the Altenesol projects despite a President that was the most anti-business administration in the history of the country. Love him or hate him, you will only pay 15-20% tax on your long term capital gains (sucks to be you if you are a day trader in this stock), and with the end to the Iran deal, oil prices (and the cost of the products Altenesol produces) are going up. Why anyone would sell in to the bid I cannot understand, unless they hope to hold the price down. Understand this, if you have a few extra bucks, and buy up those shares, the buyers on the sidelines will jump in and raise prices up over $1.
Unfortunately for all of us here on the Boards, the ones selling below Ask do not read these Boards. They are either day traders or brokers, Manipulating the price, deliberately buying low. They may even sucker a run on the stock which then gives them more fuel for their games. Te only way to stop them is to not sell or at least never sell below the ask. Always, I repeat always, put a limit on your sell, and make sure you ask a good price. If you have decided to sell out, and you have a big holding, be wise, sell small amounts, each a bit above the last. You will make more and be happier, and help the rest of us to boot. Don’t let them scare you. Either you have faith in a company that hasn’t diluted in 10 years or you don’t. I for one am waiting for the news that must be coming to see what I do.
Too late, someone flinched and started selling at bid. Unless we stop selling and raise the ask the price will slip!
Every day or so, someone starts with an under 500 share at bid or at ask, just to make people jump. I am surprised at the number of jumpers. Obviously something is happening, and obviously people in the know are buying up shares. They are willing to pay up to 80 cents without news, what will they pay when the company finally releases news?
Sellers trying to push price back down, and even those who sold at $.77 were fools to do so. If they had waited the price would have been right back int he 80’s on its own.
If the sellers dry up again, like they did at the high 30's , we may even see a dollar bill sign.
The real key to jumping right now will be up to the company, financials and filings will open this to institutions probably, and then watch it fly. If you are sitting not he sidelines, thinking, I will jump in when it starts moving up and I am sure of it, the institutions will bump you out. If you are thinking of selling, do what you want, I am holding out until it is definitely at its peak, and even then waiting to see if they start paying a dividend.
Buyer dips their toe in to see what happens, and A**ho** responds by selling stock at the ask.If I had a bunch of bucks I would buy through him just to get rid of him. They are betting the stock will not be able to sustain the negative selling.
And price of gas and oil is going up isn't it?
Somebody is successfully keeping the price down, and without full news and disclosure they will probably continue to be successful unless someone has a desire to buy them out. Just a little update would probably stimulate enough buying to pass not only this guy but anyone else sitting in the wings trying to keep price down.
Nope, ask back down. I assume something is happening behind the scenes? News will make the difference. Solid financials also would push it up.
Signal for what? I believe the stock is on its way, can't believe people are selling, but especially at bid, not waiting for buyers to come to them. Something is up and buyers want stock, they will buy it, just be patient.
Don't get suckered in to that low bid, they will come to you guys.
I for one am pleased to see the sellers gone and the buyers here. I think if people would follow what has come out they would be patient. There are some great things about this stock, despite some very few negatives. For a penny, it has stayed in the 20-40 cent range for a few years now. That is great. They have a product and a project that can be phenomenal. They will possibly become a Nasdaq stock or be bought by someone, but I would bet we want that time to be a little bit from now, after proof of concept or after oil goes up. That way we have stock worth $1-$3. I am in at $.08-$.40. It is my belief that I will be happy where this stock settles, but I also think that may still yet be end of summer or fall to see the top.
IT ONLY TAKES A WEEK OF PATIENCE FOR THE PRICE TO GO UP. BUT instead, the weenies blink and down we go. Would not be surprised to see us back in the teens by weeks end. If you hold fast at 30, they will come to you. The buyers are buying , they just know if they wait 3-5 days, you, the seller, will blink.
And so another rally is about to be short circuited by a couple of asses selling below the ask. For days the stock is selling at ask and moving up, and then whack, somebody lowers their ask, why? Just to screw with the price. Gotta ask yourself why are they so afraid of the price going up?
If the sellers will stop trying to drop the price, the stock will go up. Despite the price of gas coming down, this stock has products that are independent of that price. The stock should be at the $1-$3 range, but can't get there unless sellers allow the controlled growth of price. At some point news will come out, but I am sure that the news may make them susceptible to merger/acquisition so they will not release any news until they are at a safe price. Today's volume proves that the interest is still there. Even at this price this stock is still a bargain. While I obviously know no more than anyone else, I have watched this stock for 7 years now, the company has the diversification to be a winner. If the sellers will just let it rise back up, this time we may pass a buck. My prediction, based on observation and hope.
Maybe we finally emptied those bid whackers of their stock and will start moving back up?
Actually there is another thing that keeps us where we are, how and what they file. There may be reasons why they have not filed audited financials with the SEC but that is what hurts the price and the ability to trade the shares easily. With the price so low they may wish to not have it easy to trade
and be waiting for some event to trigger a move upwards, but guys like you who have been loyal get hurt in the process. If you can hold on, most likely you benefit in the long run. I am a dumb slug when it comes to these penny stocks so I can't tell you if it is better if they tell their long range plans and then prove they can do them or just stay quiet until they start proving they can do it. Well, 'nuff said, GLTA.
Someone is holding it down and for some reason corporate doesn't mind right now. Maybe it keeps them under the radar until they are ready to make their run.
There is a reason someone or someones keep underbidding when the stock is moving. They are trying to keep the price down. I may be wrong but it seems to me something is brewing and someone is hedging their bet waiting until it is further along. Otherwise why not just list your stock at the ask and let it sell as the stock blows through it. Agree?
Just as we were moving up, someone derails it again. Need some news to help stop the sellers.
As long as we have bottom feeders the stock will never go up. Every time the stock is about to start a move some idiot derails it by selling 10 or 20,000 shares at the bid. If I were the one at the bid why raise it when I can keep getting new bottom feeders. The way to stop it is to buy up every share we can afford to buy at 18-20 cents and wipe out these bottom feeders. I know I have added 50,000 shares in the last month or so. If we can do it, I bet we will see the price start to rise. There are buyers , and with oil going up, watch this stock finally make its move.
Been hanging, some kind of action would be nice, ground breaking on the plant, something!
Why do we keep having these sells? If only we could get something happening?
We are going to lose some of the long tremors if we aren't careful. We have sells of 10,000.
then buys of 100 to move it back up, I understand the concept of buying low, selling high, but if we
aren't careful we could be at risk by being too low. Is there any news corporate can release? The problem may be they can't release anything yet. Then patience is a virtue.
So once again opens on a positive note, let's see if some idiot tries to cut off the move at the knees. Whoever it is seems to be running out of stock, the new buyers seem to be exceeding the old sellers.
And actually I was going to post, when I posted the last post OPEC was unsure if they could have an agreement, now they came to one, to limit production and oil is over $50 a barrel. So now let's see something happen.