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Thanks for your answers to my questions. Actually I am feeling extremely optimistic, and kind of like the feeling I get when I exit a million dollar home that I have just completed. The work is done, and I won't leave until I am satisfied in every detail. I sleep well on those nights, even though the house isn't sold, because I know it is a good product, and good products turn a good profit.
I'm sleeping well lately.
As you probably know, I have always enjoyed a good mystery. But I sure hope Sunergy is a big hit, because I'm getting too old to make a living jumping out of jetliners.
DB Crouper
I think I figured it out. He meant to say "rocked", not "blocked", and didn't proofread his post. It fits.
I'm not always sure of Ant's meaning also,LOL, but he is a valued contributer to this board. Although I would not ever block anyone, because of the missed entertainment, there is a way to block the posts of members you do not want to hear from. It sounds like Ant thinks you exercised the "block" option on him, but it's obvious you haven't. I'm sure it will get cleared up, and welcome. You are just in time for the fireworks, and I hope I don't mean July 4th.
Ant is one of the great guys here, and I can't imagine anyone intentionally blocking him.
DB C
Someone buy 686,000 shares, and you will bump the ask to .0079. Another million and the ask is a penny. Time will tell, but will someone desperately try to slow the Sney train today with a lowball ask on 25K shares?
Do so at your own peril. Train might be moving too fast to keep from running you over.
Risk,
In regards to your earlier question about how I purchased 1.12 million shares, I mentioned that I could see the amount of the ask on my Schwab account, but I can only buy 999,999 shares at a time on that account. I did buy 2.9 million in one day there, but it took three seperate buys, back in January.
Today I was buying the 1.12 mm in an IRA, through the broker who manages that IRA. I called him, he placed the order, and it filled in a couple minutes. His company, to remain unnamed, is not a major brokerage, and I don't know if he does more than one buy, but I don't think so, as I watched it fill all at once from my Schwab account, but not through my Schwab account. Hope that clarifies it. I had to wait until midnight to post this, as I used up my three posts for Thursday.
DB C
941,500 shares left at .0063. It's a steal. 23 minutes to get'em.
My Schwab account shows the ask amount, but not who is offering it. I'll bet Smitty knows who the seller was.
Yes, someone did! I had hoped that the other side of .0064 would be into the .007s. Not quite, but I tried. Somebody please tell me to stop!
Can I get more than 3 posts a day, Risk?
Thank You, Smitty. As I suspected, the ask was way higher. I noticed that when someone bought 5 k shares ($28) the ask offered 5K more shares at .0056, and then somebody bought 2K shares at .0056 ($11.20), and then 5K more shares were offered at .0056. Give us a little credit. Like I said yesterday, "Grow a pair", and put a big load of shares on the ask at a low price. See how fast they sell when more than $28 worth are offered.
Stlsmitty, I really appreciate your informed responses and value your unbiased opinions. If you figure out the short interest, I would like to hear your perspective on it.
Looks like we were one buy (650K shares) from .0079 today). Im too much of a tight-ass to sign up for a higher level here, and had to wait until midnight to post this, as my three posts were taken. How about that, Risk? Can I get a few more posts. I promise I'll be good.
DB C
My Schwab account says there are only 5k shares at .0056 ($28). Nobody wants to pay a commission on a $28 trade. Can someone on Level 2 see what the real ask is, beyond the 5K shares.
We all knew the naysayers would show up today. If they annoy you, block them. They help create buying points if you want more. They will be loud and shrill until we are current. Once current, the news will make or break us, and that could happen in a month or less.
They will either be quieted, or will repeat ad nauseum, "Told you so, nanana".
Not worried, and their posts cannot dissuade me even a little bit. I'm here for the finale, good or bad.
Do you think we will break through the .007s? I have bought into the 7s at times, but have not seen .008 in the last four months. That would be a nice resistance level to bust through, as we await more filings and good news.
As Neon Deion once said to Jerry Jones, "Both".
Thanks for that chart. I like the interest on both sides of the stock. If it turns out to be a bust, the hedgers will make a killing. If it reports great results, the short squeeze will only drive the price higher and faster. My bet is totally on the long side, and I feel good about it.
I read that post several times, and think he meant to say that, because of Monday off, the year end would probably be early the following week (June 4-8). RMC, could you clarify?
It really doesn't matter, other than to give the naysayers something to complain about, and the desperate more time to try to drive the price down. I think that is going to become more difficult, and those who have had the patience to stay long will not be duped into selling cheap shares.
We have no guarantee of great gains, but it sure likes we have a pretty good shot at a big winner.
If your goal is to drive the price down, you are going to have to grow a pair, and put an ask with a meaningful quantity ( million or more) below the bid price. Those 25K asks, followed by 5k share buys ($31) aren't going to fool anybody at this point.
Patience is a virtue.
DB C
My old foggy mind may be playing tricks on me. It could have been 12 mil. shares and 12 mil. warrants. I do know that he said he ultimately would have 24 million shares.
I know of one gentleman who purchased 16 million shares long ago, and received 8 million warrants, which he either has or intends to exercise. Don't know if 2 shares always bought 1 warrant, but it did in his case.
The plan is one week to the year end filing, and then about two more weeks to Q1 2012. That's about three weeks. If three weeks becomes 5-9 weeks, I could see a significant pullback into the .005s. I wouldn't mind at all, because it could create a buying opportunity, and the SNEY story will not change at this point. The die is cast. Naysayers should have some decent exit points in the next few weeks. Hope the non-believers jump ship, but really, how many true non-believers are there at this point? I suspect most of the extremely negative posters are trying to drive the price down, and create an opening to get in. I saw two seperate $31 buys from a 25K share offering below the bid on Friday, and other buys of less than $100. Maybe people buying shares for their kids, but I doubt it.
Long and thinking about getting longer.
DB C
Dang it! It is going to be extremely tempting to buy more on a pullback. It's easy to not sell, as the pullback may be minor, and hard to time, but a bid on a few more million in the .005s, if filled, is hard to pass up.
Anybody else thinking about throwing caution to the wind, and overloading? Greed and optimism- I know better, but what a temptation!
Thanks again, RMC. I agree that the filings are the priority now, as I think you and I have the same level of confidence in the results of SNEY's "explorations". Whether it is 2 weeks or 8 weeks until current makes little difference, and $31 paints (5K shares @ .0062) below the bid can't stop the train. Soon the PPS will be based on valuation (and maybe more), and that will be enough to put me "into that good night".
DB C
Hope others noticed $190 worth offered at .0062 after a sale at .0063,
with the ask at .0065. Not gonna be that easy, Shortie, but nice try.
It's fun watching the bid creep up on the ask. Call me crazy, but I would be amazed to see anyone give in to the bid right now. If you want some, you're probably gonna have to hit the ask.
You can say that again! Oh, right.
Somebody should grab those 270k shares at .0049. Might be the last of the 4s. If I weren't already Steve Austin sharewise, I'd jump at 'em. Thank you, RMC, for all you do for us.
I wish it would spike a little so I would lose the temptation to buy more. I have more than enough, if it goes to even .02 or.03, to serve me well.
You are right . I saw that someone dumped a million shares this morning at the market bid. I should have said that MOST non-believers aren't selling.
Newbies trying to drive the price down are a study in diminishing returns. They already have all the help they could hope for in some of the regulars here. BTW, where is LONG22?
The believers are not selling. Actually, even the non-believers are not selling. What's up with that??
There has been a .0051 floor bid for a long time now, just as .0068 seems to be the ceiling. Any order of a million shares can push either limit. There will not be enough buyers or sellers to change that much without some filings and/or news, IMO.
"Should I stay or should I go?"
Personal choice here to stay.
X2 what Rocketman said! Then imagine, if you dare, eyepopping assay results from one or both sites. It could happen, and that's why I am here, and excited about being here.
You will get no personal attack from me, but I will give you reasons #4-12 for buying SNEY:
Hours of research and due diligence, world gold markets on the upswing, two claims, where either one's success could advance the share price, cheap shares, small dowmnside risk and big upside potential, long term window (up to 7 years), greed (let's be honest), and the excitement of a good gamble.
The timeliness of the paperwork, or lack therof, does not change the material in the ground, and there is reason to believe that it is abundant. No pump, no dump, no hype; time will tell.
No personal attacks either, but if you think the stock is a loser, you should sell.
It only took five minutes just before the close to fill 875K shares. IMO there was some of the Austin's signature graph "fear" selling, due to the auditor change. Never before have I been able to fill a sizable order so quickly. If the new auditor drags out Q3, more fear will create more buying opportunity. A quick Q3 will do the opposite, IMO. I'm already in Steve Austin, AKA Lee Majors land, so quit tempting me. Get 'er done!
My advice would be similar to advice I gave to Sunergy, i.e. get a different auditor, or, in your case, get a different broker.
The world is NOT going to end on 12/21/2012, so I figure it is okay to be rich. The .005s are too good to pass up. Look at the downside risk and compare it to the upside potential. Let the auditing proceed!
It's easier for a camel to pass through the eye of a needle.....
Maybe it would be better for Sunergy to not get current before 12/21/12, just to be safe.
This is so over-analyzed. They fired an auditor who didn't give them priority, and hired one who will. Good move. Take whatever time you need, Sunergy, to get current. Maybe more non-believers will head for the exits.
Especially since it was a child of mine,LOL. Now I'm really all in.
Okay, Sney, you can run any time now.
Perhaps you are correct, but it's a big risk if you are a buyer. Look at the 6 month chart, and note what happened around and after the January 4th, 2012 press release. Coincidence? I doubt it. I would expect a similar reaction if the PR is positive.
Without a favorable press release, the share price will probably languish or decline. With the rumored PR, if worthwhile, the price will probably rise a little until current, but only if filings progress in a relatively short time frame. I don't care at this point, because I have more shares than I initially wanted. The only reason I want the filings to get done, is so I am no longer tempted to buy more. My boat is overloaded, and there could be rough seas on the trip to Cancun! Regardless of the weather, the course is plotted, and we are close to setting sail. Climb in or get back on the dock, Sneylors.
Not in SNEY's case. The ask is usually a pretty small amount, and a limit order of a million or so is not usually readily available, just because you place a limit order slightly higher than the ask. I have chased the ask from the .005s into the .007s a few times to fill orders. A market order, if it were allowed, would be a very bad strategy. You might end up taking it to $1. LOL
Call it whatever you want. When I want more shares, I look at the ask, and amounts offered, and place a limit order at a price I hope will fill my order. I am not trying to manipulate the stock price, but only trying to fill my order in a reasonable amount of time. When I see what appears to be attempts to manipulate the share price, I feel free to comment on it, or agree with someone who comments on it. I know of no other interpretation of $27-$55 trades, other than attempts at manipulation, something I have never done.
I am a Sunergy believer, a serious investor, and will respond to Austinbull's question concerning "where are the posters who questioned the stupid 20K trades?"
I agreed with Risk, and I'm right here, still long and strong.