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Those shares don't come from a one sided transaction.
well...in fact it would be a miracle if a "legal short" of minuscule proportions... 50K ...could not possibly be covered in a three day span...of volume of 10K or so... It has to settle up...and it has to show somewhere....and nobody is selling...so it would have to show on the ask side of things...and I've been watching. It's just not happening... or are those numbers...miraculously disappearing from the short report??
they would have to get these markers from somewhere....where do you suppose that would be??
I think a little investigation is required. EM
hmmmm...with that kind of volume...how do they cover even the LEGAL short position ...what was it?? 50K....how do they cover even THAT in less than a week...when they technically have...what...three days????
The lesson? Traders need to be VERY nimble in the unlikely event that the company fires off another "Plastic2Oil Announces New Contracts for the Sale of Proprietary Plastic2Oil Processors and License of Plastic2Oil Technology" press release as they did in January of 2015.
The fact is...those who like charts can see this clearly...this company and its share price took sick in 2011 and slipped into a coma in 2013. At this point it barely has a pulse.
VERY nimble
Shareholders will enjoy the appreciation of their holdings when a sale ... or lease..or user agreement...with specifics...numbers...revenue generating ...money in waiting... contracts agreed to ...placements agreed to...itemized agenda...etc...
Combine that with the fact ...a very clear fact...the MM's have nothing to play with now...they have absolutely no stone left to turn over...they are at rock bottom...and underwater....one breath of the above...and 600% is the first breather where the lucky ones in @ .04---.05---.06 get to play a little bit....with some holdings...but it won't last long..because there isn't enough out there at that level to sustain a run of 5 mil/day x whatever days....but 600% will be the first breather....IMO
wouldn't want to be short right about now
A sale was announced by Heddle.
The PPS went down steadily afterwards
entered into a series of contracts providing for the sale of six Plastic2Oilâ„¢ processors to EcoNavigation, LLC of Victor, New York ("EcoNavigation")
What Heddle announced was a sale of 6 processors to ECO.
Sure, that made even more sense...
So the sale of one processor would have a better effect than six?
the machine is a pile of shit
HA! If they sell a machine..and PR that next week....20% might last for about a second....and maybe 50% for three more seconds...100% might last for about one trade....and i'm thinking it will take all of about 7 minutes total and we'll be at .25....
those millions of shorts better think about covering ....
Scapegoats are nice they give you an out for a bad investment
the naked short position is roughly the same as the float????? Wow....those crooks better get busy!!!
I'm following the history a bit on their FB site...SBOX...and NFS (new fuel systems, Inc.) I just haven't come across anything similar to the P2O's machines ...generating anything comparable to what P2O has. I'm all for checking out some video of their claims or production history...but seems to be a bit of an enigma.
It would never surprise me to see PTOI partner up with this type of entity...they seem to have attracted a bit of attention.
https://www.facebook.com/SuperBoxInc/?hc_ref=SEARCH&fref=nf
Guess what happens when you have a stock with a double digit spread that is painted up at the end of day? A rising A/D line!
yep...at the end of PTOI's process... the same place the end user is going to get it. We could know who...what...how many...if any...with an MOU... should be in a couple weeks or so...
In the meantime...It has to be a tough situation to carry a nekkid short position in something like this.... bid creeping up...potentially good news on the way...strong shareholder base...not selling anything to speak of...wicked rising accum line over the last couple years...itching for a whiplash of gains.....and a wicked millions strong nekkid short...
wow...good luck with that!!
Better find something a little stronger than oil to grease this ride...
Do you know where I can get some oil?
ahhhh....two years or some such in accumulation...and things are going to be tightening up here real quick. Rising A/D line against a fallling share price...going to be a real rude awakening for the short crew!!! Looking forward to some real nice gains from here.
Oh my...what a time for some good news....
shhhhh....wait for it! :)
GL PTOI'rs!!
I love it.....those crooked MM's are totally powerless to do anything...
this is a thing of beauty...
oh my my ...what a time for good news...
good luck getting anything below .05 at this point
longs and even traders...aren't selling here...
But why didn't the price
go higher when the EcoNav deal was announced of six processors being sold? As a matter of fact, the stock price
went lower afterwards and that happened even before the deal fell apart months later?
I remember when we were regaled with tales of how MMs had zero, nada, at $1.50. Then $1.25...and then they were really out at $1.00. Oh boy were they in a world of hurt at $.75!!!! Oh and the horrific pickle they were in at $.50 was a true sight to behold. By the time it hit $.25 the pain and agony was beyond description.
765 means....
43210.....naturally...
MM's are totally boinked because they have absolutely nothing...nada...zilch...a big fat goose egg.... to manipulate any longer...
this much is very clear!
isn't there ANYONE who will drop their ask to ....oh...I don't know...
.049??? Geez...it's like pulling teeth around here!!
If a sale is announced...the first "breather" in the stock price will be app .20-.25...where my buddy TRWN was sitting for months on end...every day...day in day out....that's where the shares become "real". Hey this thing was manipulated UP....$7...seriously?? where it had no business...it's been manipulated down to this pathetic level where it also has no business ...with a sale...and the subsequent game playing...all bets are off. It's the wild west out there...and I've got some skin in the game... I have some price points
If a processor sale, even just one, is announced, where, realistically, are you expecting the stock price to be?
last leg of the journey into .000 land.
here's another stat...far less complex...
ain't nobody selling!!
well...geeezz...lookie there! :)
what's up with ARCA parking themselves @ the ask all day!!?? I don't know that I've seen that before. They usually blow out of town after a little bit...hmmmm
I miss my buddy TRWN @ .21 ....
that's where the "real" shares begin....
everything down here is a magic show... the wild wild west....
the game the shorters banked on and are going to get hung by...
I love it...
GL PTOI'rs
going to be a great run!!!
HA! that's funny
I'm sure the seller bought much higher but finding an exit at 5 cents was very fortunate.
Appears that they're even starting to get it *there*.
creeping up ....on nothing....go figure!!!
GL PTOI'rs...
MM's have nothing left to play with...
going to be a great run....
looking forward to some great news!!!
Johnny Bitters
In fact the military has a pretty stringent vetting process.
What the heck gives with Proco's production in 2016.....they never did this when AENP went down....WTF???
They got some serious gas production out there...what gives with this thing??
Is Bitters still running this thing??
Anyone been in touch out there??
interesting for a stock that is not to be trading...to post @ 23.5k "trade" ...hmmmmmm