Working towards my goal of early retirement... Like two years from now!
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Loving the chart here!
After Hours bids are higher than close!
Bababababababounce! PGRX
Bababababababounce! PGRX
It is my experience that those quoted prices are a very good sign.
Big Bids are stacking up and Asks are not.
I'm really liking the After Hours L2.
This is a GREAT price level!!!
That is the question... I love this game, calling the bottom. I'm usually a little early, but am extremely consistent. So, that means we are extremely close if we aren't already there!
Watch PGRX for short squeeze and rebound/recover!
Keep an eye on PGRX, major sell off and shorting over the past few days! Don't miss the rebound...
What's with all the Bid support?
Absolutely! This is a gift and a nest egg! Back in 2008-09, we bought 5000 shares of TRMB at an average price of $20 per share, it is now just over $60 per share!
I call this a plan for retirement.
That article was a good find. Here is the business description for Prospect Global as seen on the OTC markets website:
"Business Description:
We are an exploration stage company engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona. We believe that potash, along with other global commodities, possess demand pull characteristics and long term global demand strength. Instead of relying on the traditional supply push of manufacturing, we plan to capitalize upon global arbitrage opportunities for commodities that are in high demand in emerging and growing markets."
SNPD - Breakout play...
NBG - Swing long on this bottom bouncer!
This is the bottom play of the decade!
That was awesome today!!! I played that like Michael Jordan!
SWVI - Major sell off, watch for swing opportunity here.
MCIC volume surging... Time and sales data is good.
MCIC - looks good, check the time and sales prices, price is below most volume.
SNTL - Wait for pullback.
NVAX - This one is ready. If there is a pullback to 1.79, take it. If volume hits, it WILL run.
SNTL going wild.
This stock has bounced from this level every day this past week.
Watch NVAX move next week. Price level held and financials released were good.
NVAX bouncing from here.
Bouncing from here...
Because they use to make money and had fewer outstanding shares.
SNTL low float is being alerted to newsletter.
Good morning.
I hope everyone knows how many Authorized Shares there are. This cannot move until a reverse split, their revenue will take years to compensate for the increase. So sad...
SNTL - A merger play? That is what I heard.
$1 plus? Really? ELAY is not worth 20 million dollars much less a few billion.
There is no mystery here! They increased the number of authorized shares!
With 5 Billion Authorized Shares now, it will be interesting how they dump these. January is supposed to be their big marketing month - maybe a promo.
5 Billion Authorized Shares now. Have fun with this!
ELAY just increased their number of outstanding shares to several billion. The price is going to plummet. Next week this will hit .000x!
GET OUT OF THIS AND GET OUT NOW!
"... The increase in the number of authorized shares of Common Stock from one billion (1,000,000,000) shares of Common Stock to five billion (5,000,000,000) shares of Common Stock (the “ Authorized Share Increase ”).
On January 4, 2013, the Board of Directors of the Company (“ Board ”) approved the Authorized Share Increase and recommended to the Majority Stockholders that they approve the Authorized Share Increase. On January 4, 2013, the Majority Stockholders approved the Authorized Share Increase by written consent in lieu of a meeting in accordance with the Delaware General Corporation Law (“ DGCL ”). Accordingly, your consent is not required and is not being solicited in connection with the approval of the Authorized Share Increase. ..."
Ethanol firm ups its stake in plants
12/21/2012 12:00 AM
Sacramento's ethanol company is slowly recapturing the production plants it lost to bankruptcy, part of a comeback strategy in what is still a struggling industry.
Pacific Ethanol Inc. said this week it's paying its creditors $1.3 million to increase its ownership stake in four production plants across the West. When the deal is completed, Pacific Ethanol will control an 80 percent stake in the four plants, which creditors took over in 2010.
The company also announced a series of complicated debt-refinancing moves. The moves will push back $32 million worth of debt maturities by two to three years, leaving Pacific Ethanol with just $6.7 million in debt coming due on its plants next year.
The moves will help get Pacific Ethanol past the current "choppy environment," with the expectation that market conditions could improve in 2014, said Neil Koehler, president and chief executive.
"It will get better," he said in an interview Thursday. "We're going to be well positioned."
Pacific Ethanol rushed to build plants during the ethanol boom several years ago but defaulted on $250 million in debt when prices for the fuel additive collapsed. It placed its four plants in Chapter 11 bankruptcy protection in 2009.
The bankruptcy case ended with creditors owning the plants and the Sacramento company holding just a contract to manage them. Since then, Pacific Ethanol has been gradually buying back the equity in the four plants.
The latest buyback gave the company an additional 13 percent ownership, to a total of 80 percent.
Even though the industry remains troubled, the $1.3 million price for the equity was "an incredibly attractive valuation," Koehler said.
His company faces considerable head winds. One of the four plants, in Madera, has been idle since 2009. The company lost $14 million in the first three months of this year.
Nasdaq has given the company until June to get its stock back over $1, or face delisting. The stock closed Thursday at 34 cents, up a penny.
Pacific Ethanol's woes are tied to record prices for corn, its main ingredient. At $7 a bushel, it's almost double what it was three years ago, and it's made ethanol production unprofitable, said Joel Karlin, a commodity market analyst at Western Milling in Tulare County.
Karlin said consumption of ethanol has stalled out, due to the so-called "blend wall" – the fact that most gas is blended with no more than 10 percent ethanol. The U.S. government has authorized 15 percent blends, but they've been slow to catch on in the market, he said.
Koehler, however, said he thinks demand will improve in coming years because of government restrictions on carbon emissions.
"We still believe in the fundamentals of the industry," the CEO said.
http://www.otcmarkets.com/stock/ELAY/news
"... the Company's next marketing campaign, scheduled to launch in January 2013. It will provide an outlet to announce new merchants to consumers during eLayaway's Q1 merchant acquisition initiative. ..."