invisible
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There are 3 large bids sitting at .13 for almost 500,000 shares. Someone trying to keep it above .13 or someone really wants the stock.
Actually it traded in green most of the day.
Good call on close! Does that mean k was wrong again?
I'm sure the shorters never had the shares to begin with. That what helps make the stock market so corrupt.
Like giving the stock an enema :). I hope you're right.
Here's a thought. Maybe shorters, or whoever wanted to bring the price down, intentionally pasted the .163 close yesterday knowing that they were going to sell heavy the next morning. Instead of coming down from .153 -.155 your coming down from .163 which would make the percentage drop look more drastic and throw more fear into some on the fence with the stock.
Ameritrade shows close of .1630
Wow, a 133,000 bid comes in at .159
Looks like our only major resistance is plowing through K's posts.
Don't bother him now. He's teaching school.
Closing at high of the day with a 40,000 share trade is a good sign. As for K, I could care less what he does.
That's what it looks like. They seem to dictate what the close will be.
I see there's over 200K on the bid at .1630 -.1631
Maybe it was Keyhole's 35K lots that did it!
Hello rgh,
I gather from what you say that there is a new team trying to revive the process. Is this something you have evidence of, or are you speculating? Thanks
Here is a quote from your post:
It's clear at this point that Rivera's SSTP brand is dissolved and that the new team involved is using their equity to explore alternate biochemical processes for catalyst (separate to the Rivera Process) to generate biodegradable fuel. However, it's pretty clear that (1) they don't have enough funding from domestic or international ventures or (2) they do not have a copyright patent on the process unique from other companies already exploring it.
Sounds great but I'm out of money :). I follow the board but rarely have anything worthwhile to add.
Good post. The longs have been through so much. I sure won't root against something good happening. Nothing to lose here.
Sometimes we need to remember that shorts as well as longs post on these boards!
Honest question. Why are you so consumed with BAA? Not sure you would say but are you short the stock.
HTM Volume really dropped off last hour or so.
Please check your mailbox.
Great observation. I totally agree.
Because of the run the last couple days, is there a possibility shorts are moving back in? With HTM
Just recently found you. Hope your OK with me tagging along. If I ever get to the point where I have useful information, I'll gladly share. Until then, I'll be a silent follower and learner. Thanks again for the info that's given here.
I rarely post but really enjoy the information you guys/gals freely share. Thank you. I'm sure this has been mentioned but I notice yahoo financials shows 20.8% of the 97.75 million float of HTM is owned by institutions and 7.42% by insiders.
I think you're correct about knowing who's linked to the company. However, since Michael G. took possession of much of their equipment and saw potential in the process, I still believe he could be behind this.
As I believe I've mentioned before, the only person I now see connected to SSTP is Michael Garjian.
http://investing.businessweek.com/research/stocks/people/person.asp?personId=83721765&ticker=SSTP
The reverse merger idea came from the yahoo message board. There was absolutely nothing to back it up but rather something that was just thrown out there. However, there have been over 100 million shares traded in the last couple weeks. That would suggest that something is happening. I'm content to hold on to my shares (which cost a LOT more money) and see what happens. Like many of you, it's been too expensive to sell :).
Nice to see some familiar faces (at least handles. I need to work so not on the board often :).
By the way, I didn't mean to make light of Michael G. I hope he can make it work...just not with Rivera's catalyst. I think he kept it locked in a safe with no one permitted to look at it. Looking back, it seems rather funny.
The company had a "magic" catalyst that was supposed to give a great yield. Evidently, no one knew how to perform the magic. Can it be profitable? I guess that's what anyone owning the stock is waiting to find out. As I've said before, Michael might be able to get the fertilizer from the by-product and from that combination make it profitable. Or maybe he's come up with another "magic" catalyst :).
There is a process and it works. However, there was no money to be made.
I'm curious about the after hours trading also. My account shows the extra hours volume but still shows the price at .0034 (not quite the $38.00 it reached in it's hay day). Just to be informative, I've owned the stock since the CYBR days and Have lost a ton of money on paper. I still own most of my shares but don't expect to recover much of the losses. I, like many others, was too trusting of others. As far as what's going on, I have no better idea than any of you. Very well could be another pump and dump but it also could be something constructive. Since I still have my shares, I'll root for the latter. I do remember Michael G. and his affiliation with the company but I also know that his initial interest was not as much in the fuel as in the great results he was supposedly getting from the high-end fertilizer that was obtained. Maybe he's come up with a multi-use solution that will make the process profitable. I guess I have nothing to loose but a lot to potentially gain. I do feel the pain of those that have been betrayed by the former owner.
Larry
That's interesting! Could it be MM's trying to control price???
As I remember, probably not very well, Michael Garjian's interest in it was for the top grade fertilizer that was a bi-product. Though the fuel oil may not have been economically feasible, the fertilizer might make it worth while.
I'm surprised anyone is still involved with this. Here's a link:
http://investing.businessweek.com/research/stocks/people/people.asp?ticker=SSTP
It would be good to find out what Michael Garjian is up to.
Great post Data Driven. There are many shareholders that scan these boards but never post. It’s very obvious to us that someone posting negative all the time has motives that go way beyond helping us shareholders. Who in their right mind would spend so much time posting about a stock they have no desire to buy. There are too many other stocks they could be looking at. Are their lives really that boring? Maybe that’s true for some but I’m sure not true for many. My interpretation is 1. They are short the stock (seems an unlikely scenario), 2. They want to buy and are trying to drive the price down (which may be true for a few), or 3. The company has something really good that they’re trying to stop it (seems the most likely).