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RSI, such a simple tool but it works.
Well...
you know the trend is down right? Just joking.
Congrats guys.
Welcome back, good to hear. Looking good eh?
Possibly until all his shares are gone.
Michael McGowan is the other guy.
Execs for the company before Nova. Not active members of mgmt.
Welcome aboard.
Those are great questions.
I even went so far as to check the different Congo websites (one government) and found no info on China Sun whatsoever. Left a post for anyone in English as the one site was all in French. No luck.
They could go to $5 and I'd still be skeptical.
Exactly. My attention's been elsewhere anyway...
I think folks are just tired.....
That is correct my friend, that's why I keep buying more.
However, I think they'll be earning more than $1.25 in the future w/out the tax credit. Many variables there but I'm curious to see how the margins will play out.
Gonna get very exciting pretty soon here.
No idea what's going on but I've been buying them up!
Tough call Mr Dlv,
I tried to contact the company and they never got back to me so I was distrustful and didn't get in. That was back at .65.
I'm not pizzed or anything, If a company doesn't contact me back I will never buy their stock. Period.
Spec stocks are hard enough to make money on and when they can't communicate with shareholders it scares me.
Good stuff wode :)
Corporate fact sheet update on the company's website...
http://www.novaenergyholding.com/investor/investor.aspx
That is very interesting... thanks!
This just in:
There's NO MONEY!!
I'll just wait for the 15-17 period to see what they have to say. See what they come up with, how creative they can be.
I've looked through all the info pretty thoroughly and you're right, they do have a more sustainable system.
No problem on NBF. I've researched them pretty thoroughly and think the current prices are an absolute steal. There may still be some downward pressure but not for long as they'll be bringing a 60mm gal/yr plant up to full speed by the end of the 3rd qtr. Ramping up production test runs as we speak.
Take a look at their mgmt profiles on their website. Heavy hitters. Most all ex-oil guys.
No just watching. Not sure about the ethanol route but it's so big now I don't see it going away. I like biodiesel. I'm in NBF. Take a look if you're interested. IMO, it's a great time to consider it.
woops, 21k rather.
And why not .95 on 27k in volume....
Scenario play out:
15th: waiting on confirmation, should be any second!!!!
16th: Got the soon to be cleared ok to confirm release of confirmation.
19th: Waiting on the clear.
20th: Ok got cleared, now waiting on release of confirmation.
21st: Release of confirmation right after bank board reviews all loan docs.
23rd: Bank board meets to schedule meeting.
25th: Meeting scheduled.
28th: Meeting held, board member sick, rescheduled meeting to schedule new meeting.
Oh I could go on and on.
Took a small position until I'm more comfortable with this. I like what they're doing though and the numbers they're hitting so I'll test the waters....
Yeah, but it's from the year of loss.... So, if on a yearly basis, you have a track record of being a loser, you're set for life!!!
Calm before the storm? Anyone who knows anything about this company knows this is a clutch time. Prices are low, production gearing up..... The players and people sitting on the sidelines are just wondering when they should jump in..
It's obvious some folks out there think these are value prices because we have support.
I'm buying when I can...
Are you seriously going to quote from the bible after a post like that?
Doesn't it also say to (I'll paraphrase), "forgive thy brother"...
and, something about not gossiping.....
and something about do not worry for tomorrow because tomorrow will take care of itself....
and something about slander being a form of murder.....
and something about pay Caesar what Caesar is due.....
Give it up already. With all the filth that's come out of your posting I seriously doubt you're all that keen about living an honest life of biblical intellectual pursuit and transcendental reflection.
You're boring. And a time pirate. Filling people's mind's with garbage because of your very presence in the world. Before you get angry and reactionary to my post, just stop and think for a moment how you are affecting everything around you. Are you adding light or darkness to the world?
Thanks for the heads up...
Anyone on the board buying yet or still waiting?
For real. "Hey I've got an idea, i'm going to invest ALL MY SAVINGS on a spec penny stock that is earning no money."
Uhhhhh..... ok.
You're friend lost money she didn't even have? Weird. Or did you mean she now has no more money? Bummer. How does that make you feel?
Nova Biosource Fuels Started At Buy By Broadpoint Capital...
That's true but not always realistic for all investors. Shorters are no more prophetic than the lucky long. Easy to say short the financials now but how many people were saying that before the nose dive? Few.
And how do you know you will keep losing value in something? You get in because you think you're near the bottom and while you're in the trade, shuffling shares around is dangerous business. Patience prevails with solid companies.
And Gelbaum, he has to know the impact of his trading activities. That's a big red flag for me. If I was actively in this I might shoot him an email or give him a call and ask him what gives....
So what is the catalyst of change with this one? The trend buster. I'd be going long if I were you.
You're .17 off the 52 week low. If this bounces on technicals and fundamentals are right around the corner..... do you really care if you got in at .9 or .77 if it went up to 3.75?
Problem is that insider selling. Why would Gelbaum being selling? Any ideas?
Nope. Just matter of fact. I've no reason to be sarcastic here.
Big buy at the end. Whoever you are, you rock!
Honestly I don't bother with the guessing game if I see a stock I want to get in and feel confident with them. I've been buying NBF all the way down and get more excited when I see the price decline. I just buy more. Keep cost averaging.
One way to look at it when buying stocks is that the earlier you get in the closer you are to being long on the stock which has material advantages when you sell. Less taxes, etc. So as soon as you get in, everyday, you gain a tax advantage.
Makes me feel better anyway when I see a stock I own decline in price :)
I posted earlier the trend is down. nextwiz refuted me......
Let it try and test .84 again. If it gets there you should be able to buy below it.
No, that pretty much sums it up. I thought the same things.
They're basically saying, "here's a bone, now shut up or you'll get nothing!" They're probably tired of getting 20 emails everyday asking for explanations.
To me, at this point, it makes no sense that if the deal went through they'd have to wait until April to get it.
It's obvious they're stalling for time but what they hope to gain and what their ultimate plan is is anybodies guess.