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Good advice, this little push back should actually be helpful for tomorrow and next week.
3 Big volume days in a row, tomorrow should be interesting!
WDRP - 7 GREEN days in a row. It's ready to pop!!
That's 7 GREEN or BLACK days in a row (6 GREEN, 1 BLACK)!!
Higher volume today, anticipation's growing!!
Tomorrow could be huge!
Definitely $15K buy 20 minutes before EOD...Friday's going to be awesome!!
Something must be going on at PSC....no emails or tweets from PSC for almost a full day.
I'm guessing that we must have a large portion of the float tied up by this point. We have several longs and lots of accumulation.
Once this thing pops, it'll move fast!!
We're starting to gain some momentum today!
Anticipation is growing stronger every day, I can't wait too see how the 3rd party testing goes!
I agree with your thoughts as well. This product could be 2 years out yet. 2 years is a little ridiculous isn't it? With all of the milestones that they've achieved, production should begin this year. How would they get all of their sales commitments for something not available for 2 years?
Quote:
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...The way I read the last PR pertaining to manufacturing (3/25) is that they are in the engineering phase. ......
2. This technology needs to be put into a useful, saleable device for commercial purposes......
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This is my thought as well. I do not think, they have heated one drop of water yet - IMO. Whether they have or haven't, we know that it works. It hasn't been done previously for this application because it wasn't efficient enough, but the water cooled magnetron and other engineered tweaks should remove these inefficiencies.
Quote:
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5. Finalizing the design to meet ANTICIPATED U/L or other type of testing.
....
The anchor here is the technology, which is already proven. The easy part is to design a product around it, meeting specs for US and other countries.
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How do you know the technology is proven? Do you mean microwave technology? That might be where I disagree with a lot of people here. A water cooled magnetron is not a magnetron that is submerged in water to heat the water. This has to be accomplished cost effectively. IMO the WDRP water heater specs listed will be very very tough to attain. Do the math for what they have listed on the website. Does that seem reasonable to you as an engineer? They've mentioned a price of $450/unit in their PR's, that seems like a pretty cost effective unit to me. What specific part of the specs do you believe will be hard to attain??
There's been a lot of anticipation the last week or two....stocks been slowly climbing daily.
If they come out with a positive PR about UL specs, comparable results, etc., we should see some nice gains.
low volume this morning...not many sellers?
Anyone have a shot of L2?
Off to the races!!!!
10's and 11's are real thin!
That's 6 Green or Black days in a row!!!! (5 green, 1 black)
Anticipation is growing!!
Good advice!
No matter what the case, there should be a huge jump to start the day.....then the rest will be decided by the actual float and how many people take profits.
If the float really is only 400,000, I can't even imagine how high this could go!
Welcome HumbleHawk!
Here's an awesome post by one of the other members to help get you up to speed:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48448330
There's huge potential here, everyone's just waiting patiently to hear how the energy efficiency comparables testing goes.
Once that happens (assuming comparables are strong), we should be off to the races. The final step is going to be mass production to supply the huge contracts that have been set up in the last few months!!
Anyone know what the float is? The Ace and GURU are both eluding to a potential squeeze....
- Over 1.5 billion shares have been traded in the last four days (any of the four without the others would be by far the highest volume day of the year).
- Total outstanding shares are 3.4 billion, but I've got to believe that the float is a relatively small percentage of the total outstanding.
A lot of what happens the rest of the week depends on how much flipping and profit taking occur. If most people hang on, we can see some magic by EOW. Just IMO.
Looking back, it appears that today was the highest volume day EVER for LHPT!!
That plus the announcement after hours that their newest acquisition (of already drilled wells only needing recompletion/workover) can produce revenue higher than their current market cap ($2.5M vs $2.1M) should send it soaring tomorrow!!!
$0.10 by EOW!
Biggest hurdle is the comparables...if the microwave water heater matches or exceeds the energy efficiency of electric & gas tankless, there will be nothing to stop it.
Huge contracts are already in place, PLUS microwave water heater should eliminate several of the negative aspects of other tankless models (i.e. noise, CO emission, cold spurts, and scale buildup just to name a few of the major ones!). In addition, it looks like they can be very reasonably priced with Wanderport basing all of their revenue figures on $450 per unit!!
This is huge!! Expected revenue of $2.5M over five years - market cap is at $2.1M right now....and it's for wells that are already drilled. Re-completion/workover costs should be minimal for wells this shallow.
Wish I had doubled up today when the price was cheap!!
Lighthouse Petroleum's Brown County Acquisition Anticipated to Yield $2.5 Million
DALLAS, TX -- (Marketwire)
04/13/10
Lighthouse Petroleum, Inc. (PINKSHEETS: LHPT) announced today that the three wells to be acquired in Brown County could yield up to $2,500,000 over a period of five years once the work-overs have been completed and could possibly exceed this amount if the price of crude continues to rise.
According to production records, the three wells have produced over 30,000 barrels and could have an estimated total ultimate cumulative oil recovery of 100,000 barrels. The wells are approximately 2,600 feet deep and are located in the prolific Bend Arch-Ft. Worth Basin.
"With the price of crude on the rise and America's objective to reduce dependency to foreign oil provides tremendous validation to our business model," said Glen Kennedy, President of Lighthouse Petroleum, Inc. "We are continuing to negotiate for further acquisitions and our goal is to acquire over 100 wells with the possibility of generating up to $250 million in cash flow for our shareholders and create sustainable value," further added Mr. Kennedy.
Contact Info
Further updates regarding the process of bringing these wells back into production will be forthcoming. Please send all inquiries regarding this press release to IR@lhpetro.com.
Glen Kennedy: President
Tel. (972) 863-9349
IR@lhpetro.com
From Twitter:
"@ManBeastPro we our mailing out on $LHPT and $CCGC tonight.
42 minutes ago via TweetGenius in reply to ManBeastPro
@OhLookRobots thanks for the tip
43 minutes ago via TweetGenius in reply to OhLookRobots
@hyunrok no problem
43 minutes ago via TweetGenius in reply to hyunrok
@LightingGuys which stock?
43 minutes ago via TweetGenius in reply to LightingGuys
@Texas179 we will double check but that is what we were told. We are going to verify.
43 minutes ago via TweetGenius in reply to Texas179
$Ccgc has only 400 000 shares in the float. Buy now.
about 2 hours ago via TweetGenius $Ccgc is a rocket. This thing will fly when we got out on it.
about 3 hours ago via TweetGenius Buy $ccgc. This stock is thin it is crazy.
about 3 hours ago via TweetGenius News and then bang $ccgc goes to .50
about 3 hours ago via TweetGenius $Ccgc is on our radar list.
about 3 hours ago via TweetGenius"
I missed out, was scared to get in when I saw that it was already at 0.16....tomorrow looks to be huge though.
PSC just tweeted that CCGC only has 400,000 shares in the float, can anyone confirm this??
Five days in a row black or green....
Looks like everyone took power hour off today.....every stock I'm in has been quiet for the last hour.
I'm looking for some more hype from PSC and HyperGrowthStock tonight and a good start tomorrow!
Everyone's in long and strong on this one...flippers and MM's gone for now.
We're waiting to hear back on 3rd party testing of comparables to tank and tankless water heaters. Then mass production!!!
Where'd all the volume go the last hour??
Let's get a push in the last 20 minutes!!
PSC, Hillbroy Advisory, and HyperGrowthStock all pumping LHPT this morning!!
Hope so, got in this morning.
Good volume so far today...
6's hitting before lunch!
I think we'll see 6's before lunch.
Awesome close, finally snuck in a positive bump EOD instead of the usual vice versa.
4 Days in the green and counting!!
I think 33% is worth waiting 1/2 a day on..JMO
I just got in at 3 a little while again, I'd be happy if we didn't see anything lower than 4 the rest of the day!
It's been holding strong / moving up on low volume for the last week. Great sign!!! Most pinky's tank on low volume.
Should be okay as long as there's not too much panic selling.
Good advice...I'll give it until lunch, then go to .0004.
I wanted to get in Friday and didn't, I'll be kicking myself if I don't get in before it jumps to .0006 or higher.
I have my order in at 0.0003....hope it gets filled!!