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.
That explains it. My order wouldn't execute at a $.79 limit price. But I switched to a market order and it happened to allow my small buy at $.79, even though it could have gone at $.82.
I have a $.79 bid in right now, but very small dollars. Maybe that is why it doesn't show up.
Maybe things will get interesting in about 2022, if that's when the 5-year lockup will expire. "Glacial" is correct.
Nevertheless, I am adding shares at times.
Buy 261,000 shares and you own 1% of the company! You would also own almost 3% of the float.
Maybe $38,000 would do that at today's prices.
This appears to be a very rare opportunity.
Thanks for the information.
What's the float on TMPS? My figures may be old.
If you have $20k invested here, you might own 1% of the company. That can't be right, can it? Incredibly small! I might have outdated figures.
Does anyone know?
I would have to agree that .80/.95 says that the .80s are still here. Nice to see buying at the ask of .95, though.
There it is! 95 cents.
14 cents now. We have liftoff.
I break even at 14.5 so excuse my enthusiasm!
Looking for that $0.90 (or better) today, as expected...
The long-awaited climb is beginning, is the point.
I sniffed this out two days ago, if anyone remembers. If someone would restore #21679 you could see it. (I don't remember exactly what I wrote.) But my apologies if I broke a rule. It was not intentional.
I noticed the potential for this in an earlier post. It seems like the criticism of this stock has been reduced in the past few days, perhaps in anticipation of a change in tone to where the posts will be more alluring for buyers.
That post was deleted by someone, so this time I have refrained from using slang about such activity, in case that was the problem.
"Soon" = 2 days
At least it did this time.
No contract award until after January17, I presume.
But maybe something will happen toward February if the questioning process is one of the final steps in the Navy's procedure.
Can you expand on your assertion:
Not insider or institutional, from what I see. PIOE appears to have no institutional shareholders and there also have been no insider or ownership trades, judging from lack of any filings. So that large ask is a private investor, I suppose. If he holds firm, PIOE is an 80-cent stock (or less) until he is taken out.
But my guess is that he will be taken out by someone soon. 80 cents should be a good entry position for this stock since the economy continues to roll. Economy damaging ideas, like a national minimum wage at $15, probably don't become law.
1,000 shares for $100 might be fairly reasonable, but it looks like he only got $31.10 per thousand. By the graph here maybe it was only a couple thousand shares. But still stupid!
TMPS' best bid isn't real again, you say. I've seen that several times, too. I have made higher bids at times and somehow they don't report.
Anybody want to sell 100 shares for $0.0311 at 4 o'clock? It's apparently the current best bid and it would create an interesting week end closing price. Where are the buyers that this low bid is the best out there?
Shame they are not also "buy on rumor" very much.
I was constantly waiting for some kind of rally before their reports, but I don't remember one until I finally sold out on Halloween for $1.09.
Nowadays I am trying to slowly get back in at around $0.75, but so far am averaging $0.79 on very few shares amassed at this point.
I think PIOE is going forward as management has planned, but overall stock market confidence is shaky with the new Congress coming in. I still feel that the market will be good in 2019 with government in gridlock, but the people's decision to put it in gridlock was a bad one, in my opinion.
Lol. Put in your bid now, Chemist, in case that dam breaks as you say.
There could be a situation where someone has a gain in PIOE and wants to reset their basis by using up personal loss carryforwards. The problem is, when they buy back in they might be paying $1.10!
So indeed someone may be calling it quits.
I really have nothing I want to sell, but I put a bid in for a few PIOE shares just because it is a shame not to buy SOMETHING during this dip. We are about 30% below where I sold out. And I prefer to put at least a little money where my mouth is.
I said I'd return to PIOE at $0.75.
But I missed my chance today, I guess. I was interrupted for awhile and while I was busy we sank to 72.11 cents.
Tough market. I don't want to sell the stronger companies I hold, but I also don't want to sell the weak ones that are really oversold now (I hope that's their problem, anyway!).
So I have no cash to pick up PIOE at a screaming bargain.
Maybe I will rearrange things a bit if PIOE doesn't turn things around. I still expect a rally to start 2019 off well.
Fear not!
My outlook on market major trends hinges on will the "government" be friendly or unfriendly to profitable business. "Government" as I use the word mainly includes legislative favorability, but you could count Fed interest rate policy and also not underestimate how uncertain future policy would seem to be. I think we are bottoming soon, if not already, in the effect on PIOE's business outlook regarding the general business climate.
The Bush years were generally friendly, but around two years from the end the polls were telling investors that a change in government was likely.
The Obama years started unfriendly, but once the government became divided outlooks were improving.
The Trump election was a surprise, so this time the markets reacted positively afterward, but not much before.
Under this theory, the recent negativity can be explained by the fact that the government is about to divide and uncertainty is very high about what that will do to policy.
I believe that once the leadership changes in the House, they will not have the power to upset policy very much. So even though the news will remain loud with accusations and threats, Congress is essentially unlikely to have power to create much change. Fear not! The uncertainty is likely to die down by mid-January once people digest what the new Congress wants to try for.
The downside risk may be that 1.) there is not much enthusiasm for new business-friendly actions and 2.) a less likely change where the Senate starts embracing House policies and the direction that they want to take us. Changes like increased government spending might be a friendly act, but higher taxes the opposite.
That said, I side with the idea that government will be friendly enough for PIOE to grow. Fear not!
I agree that it is a "great" time to buy PIOE. But just to let you know I am still interested, I am waiting for now for an even "greater" time at about 75 cents. It's risky, though, because PIOE may never go that low and I may be forced to get in higher than we are now, on an upswing.
I agree with you that PIOE management appears to be top notch.
Looks like an Airbus / Lockheed-Martin partnership may be entering the refueling game with state of the art birds. Sheesh!
Oh, now I see this announcement is a month old. TMPS didn’t seem affected short term.
Rob, TMPS isn't big enough to have "rumors" other than groundless trash talk. Besides, they were using their stock to pay for stuff and someone is doing the tiny amount of trading needed to keep TMPS at around 10 cents. I doubt they will allow their stock to delist at this point where contracts are not yet awarded. They have the money to keep it going if contracts remain possible. Now is not the time to quit, unless you like to sell low and buy high.
Very good point! I may be in error to presume that the auditors provide any accounting services other than an independent audit. I am hoping you are right and the accounting has already been accepted as being up to required standards, whatever they may be.
Recent news about TMPS' accountants-- Not sure what to make of it.
Knowing almost nothing about procuring a government contract doesn't help me either.
From the information I have found below, perhaps the accountant news is good in that TMPS may be clearing the decks such that their present accounting system will be compliant. On the other hand, it seems to me that this step was overdue and argues against an award to TMPS very soon. That said, perhaps the need for notification was realized as a late step in the process and the clearing up of this matter points to something happening very soon. I have no idea which alternative is more correct.
My uninformed guess is that resolution of issues such as who are the accountants and will the books be GAAP compliant is a good thing, possibly a very good thing.
Maybe you are not hoping for a half cent per share so you can buy. You seem a little cheery this morning. But if...
Please do buy at $0.0001 if it gets there. Perhaps $1,000,000 would be a good starting point for you. Just think of the return you would get if it rebounded to $0.0003!
An empty plane with limited fuel aboard might need much less runway to get out of there.
The steady uptrend after reorganization broke in August. The decline since then is not severe. Any ideas on what gets PIOE to move up again? If it bottoms out or starts to make progress I would possibly reenter since I am impressed with the management team.
Best wishes for a full portfolio recovery, Chemist. I hope you had a good bump up today! A lot of uncertainty left the market last night and we remain generally pro-business. RCP may do well in this environment and raise PIOE a little bit.
This is the page you are watching, right? D.O.D. Contracts
Very long term if RCP managers don’t push out more profits to PIOE. I’m sure they will pay their debt according to terms and pay the return expected by the PIOE major players. But will PIOE realize more, or will the fund managers control what happens to the majority of the revenue? The share price doesn’t seem convinced there will be much progress.
But to return to my main point, said in another way: I don’t see what RCP gained by taking on PIOE. Just some capital and the NOLs for use someday I guess. It sure doesn’t seem to be for being public, as low-tier as they remain in the pink sheets. The leaders at RCP are impeccable, from everything we know about them. I just don’t know why they didn’t simply let the fund managers keep it all, as their manager-owned company was doing, and not bother with a merger.
Now that I have impatiently sold my PIOE position, mainly because March is too far away for me, I have a question.
What was the PIOE-RCP merger for? I understand PIOE has NOLs galore, but RCP doesn't show a profit on PIOE's Income Statement to use them against. I can only suspect that they are somehow used for their tax returns, and it is certainly acceptable for tax return accounting to differ from the annual report. Maybe somehow the fund managers benefit by them.
And we don't see much in tangible assets on the PIOE Balance Sheet such as office space, equipment, etc., except for some prepaids, receivables & cash. Book value per share is small.
They generate tons of revenue, but that is kept as compensation by their so-called "owners", the fund managers.
They sure didn't seem to have the goal of being publicly traded; they keep themselves so far under the radar.
No complaints here-- they rescued me from bankrupt ACPW. But I have never understood the reasoning behind their new structure. For me to get back in, I would like to see why the share price would go up from these levels. Something holds the market price above the book value, and that only seems to be the predicted growth of what little revenue portion is channeled from RCP to PIOE. For everybody's sake, I hope those predictions aren't too high!
I hope you added by now. Looks like she'll rise again!