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Glad to see you have determined inside trading is occurring. That is very exciting, considering insiders are probably blacked out now ahead of Q4 results. Then again I don't follow that wild guessing so maybe the blackout occurs in a few weeks.
You sound (and maybe are) one of the guys that guaranteed the stock was manipulated when it was $.70 because it was worth $.80 and the manipulators wanted cheap shares. Yup, it was a guarantee then. What happened then, did the theory crash? I guess if you post this wild stuff every week or so you will get lucky sometime and pretend you knew something.
Vankent
You haven't said anything. 3% turnaround in the stock means what? 3% don't believe in it anymore so they sold? Or 3% are stupid investors selling to high IQ investors? Who knows, the stock will move on news and nothing less.
Brokers buying it? That is a stretch, insinuating this stock is interesting to brokers and they move it. Maybe yes, maybe no, just like your useless "statistics", and beside brokers are mainly only interested in new issues because the last one got 9% commission plus 9% of the shares were given to brokers as broker warrants which have now expired. You do know what a broker warrant is don't you?(Crash go the chariots of useless guessology.) My broker charges 1% to trade so she is a lot more interested in a commish on a new issue than telling me about some hot stock to buy in the market because if it interests me I will possibly just do it with my discount broker for $10.
More likely people who own money tell their brokers what to do and the broker executes the trade for him. That is the relationship I have with my broker on this stock. The only broker I know following this stock is the one in Vancouver who got the listing commission when they did some pp, but whoopee do, that is meaningless.
He hasn't changed the world yet so no need to wonder why no one knows. Patience is required for this stock.
There is nothing to make of it, and never is because anyone can use any broker to execute their trade. Posting this useless non-statistic makes you feel important, I guess.
JB won't come back because some lightweight called him a cheerleader. Plus he is afraid of losing his "reputation" (in reality no one actually has a reputation to defend because your reputation is made and lost each day, and is not some cumulative thing) if he posts something NXT told him that doesn't work out.
You specialize in the irrelevant. Read the link I posted recently. Provini said they will never get financing from broke Kodak,and never expected to.
Also this video from Chuck's email today.http://rochesterhomepage.net/fulltext/?nxd_id=303882
"Do you have inside information that could confirm that the company is "in negotiations" ...
You should have told the companies that visited NXT facilities not to bother, since you were able to conclude from your well informed news releases and media coverage that they can't do a deal yet. LOL.
"That tells me that despite all the hype the process is either still too experimental with less than prefect results; the cost isn't competitive with existing factories; or Chuck is asking for too much in royalties. "
Have you ever negotiated anything bigger than a bicycle sale, or do you truly believe you have mind reading powers?
Natscore - seems like the 'interest' even goes down on 'good news' with this stock...
Perhaps you have an overexuberant view on what you considered good news.
Someone overoptimistically also posted a few months ago that news meant the stock should be $.80 and was convinced "big boys" (the anonymous bogeyman when stocks don't perform as well as the poster wants it to) were "taking it down" whenever the stock tried to move up.
You need to accept responsibility for your actions - You picked it, you bought it, and temporarily at least you made the wrong move.
Re:I can tell you first hand they are NOT happy..
This new article backs your interesting story.
http://www.cnn.com/2012/02/06/world/asia/china-apple-foxconn-worker/index.html?hpt=hp_bn6
"In the west, a mortgaged property drawing no revenue would (in normal, healthy times, at least) be foreclosed upon."
Actually in Calgary in the boom just before the 1982 bust, the same thing happened. I know an office building owner who had a few high rent rate leases in his mainly empty space in 3 adjoining buildings. He was holding onto the vacant space trying to get the high rent that his bank had appraised it at.
Someone told me this owner was a smart operator to hold the mainly vacant bldg because of course the price was constantly going up more than the interest he was paying! Apparently as long as he made payments the bank was happy.
Naterey they are indeed happy to be dormed.
My friend and I were considering creating a small scale warehouse "factory" in China to make a fermented product. He said it would be virtually mandatory to provide sleeping quarters in the warehouse to attract top quality workers. The real estate bubble there has driven rental prices up so high that young people can not afford anything without lots of room-mates, some sleeping in shifts.
In fact, to keep their properties mortgaged at high valuations, much housing accomodation sits vacant. That is because no one can afford the high rents, so it would have to be rented at a cheaper rate, which would devalue the property in the bank's eyes. 2 years ago, one professor extrapolated results of an electrical consumption study and believed there were 47,000,000 vacant housing units in China.
Read the article I posted. US does not have the skilled workforce nor the ability to mobilize quickly to solve a project's technical hurdles.
We have the same high energy costs as anyone else.
According to this article US manufacturing is hopeless, so I agree.
http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=1&emc=eta1
Conspiracy theorists have difficulty rationalizing their imagination. I suggest less television for starters. Anyone who can look at the name of the house the trade went through and justify the first paranoid theory that mists into their mind as calculated motives makes me shudder if any of these people were on a jury.
As Naterey said 115 brokers executing for 1,000s of clients each and someone on itrade looks at just some house trades and determines there is a scam going on? You should phone the Securities Exchange and explain your excellent detective work instead of wasting it here. Perhaps you can be made head of their investigations force.
By the way, did it ever occur to you that the Canaccord clients might have some say in how their accounts were traded? I traded through Canaccord because I wanted the stock and got my broker to contact the one in Vancouver doing the issue so I was able to subscribe. My broker could care less about NXT, and sells and buys when I want it done; would you like me to list all my trades so you can remove them from your detective analysis?
Some companies conveniently do not maintain their website share count to be up to date. I remember one that listed shares as of Aug 1 a year later, even though they had every promo news release up instantly. It turns out they had done a huge financing Aug 2.
Sedar is the only reliable info for a Venture firm.
Why don't you go to SEDAR where NXT files all their regulatory submissions, instead of some second rate exchange like the Pinks? NXT has nothing to do with the pinks, but they are listed there solely because of other party's efforts.
There haven't been any new offerings. Look on sedar.com for all news releases or regulatory filings from Venture companies, in future. http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026055
A Venture company can't issue shares without press releasing it, so all this continuous questioning on this board every month or so about the share structure is needless.
On the Pinks, there is a lot of criminal activity where transfer agents and lawyers get bribed and issue shares, however the Venture is better regulated than that, and it is an offence to issue shares without Venture approval. Controls are in place to ensure that no one gets away with it.
PS - If you can't figure where the "extra" shares came from that you didn't know about, read through all the management Discussion and Analysis on SEDAR to find where YOU went wrong. No need to waste this board's time asking where all the shares that YOU didn't know about came from.
Their site lists the non-solar possibilities now. I couldn't find this on their site a month ago.
http://www.natcoresolar.com/index.php?option=com_content&view=article&id=49&Itemid=54
JB - In fairness to the rest of us, it would be appreciated if you would continue posting what mgmt tells you. Put a simple disclaimer that you don't work for the company on it, so those readers looking for a guaranteed investment certificate don't cry that you were a cheerleader afterward if the stock price goes down.
Your emails and posts were to the point and provided background for us.
ddjpn Do you feel satisfaction now that you ranted and wasted management's time explaining that to you? In case it escapes you, they are working for you so your attention requirements are at the expense of your investment.
Or were you hoping for inside information that a deal has been signed so you could sleep at night?
MX is testing the black silicon so that is all the status you will get until a news release. There is no VSE regulation to prevent any company from updating shareholders, although some claims are not allowed, such as a mine estimating reserves but not using NI 43-101 guidelines.
All nr are reviewed by the VSE so the issuer is sometimes required to provide second party verification or may be forced to provide details in the $ value they attach to a sale.
DandG - In fact, Natcore had nothing to do with the Pink listing. Lots of companies get listed there and on the Frankfurt exchange by other parties.
You can find why they listed on the Venture here. http://www.natcoresolar.com/index.php?option=com_content&view=article&id=51&Itemid=56
Maybe they are waiting for a significant event to unfold in the near term. Black silicon testing complete by MX or proof of concept tandem come to mind. There has been so much news coverage recently on the black silicon that I doubt NXT can say much more of use at this point.
I would rather wait for something useful than have NXT say the same thing everyone else has said, just because the calendar rolled 7 days ago.
Whatever the problem is, Scarpa said they are working diligently to solve it so may just be a temporary setback.
Scarpa said MX has very near term needs, which is why they were not interested in tandems during this early stage of the r&d. Whether or not the tandem succeeds, it is good to hear how important the black silicon will be if it passes their present tests.
It is a market. People get bored or worried waiting after all the promises of sales have not been met. Give up hoping someone, somewhere has an inside scoop for you and is the reason for the selling. Posting here does not affect the sp.
If it is such a screaming deal you should be happily buying more.
When GLGL went onto the NAS, they were trading at $2.1 and had to do a 4 for 1 consolidation, then issued shares in the mid $6's. Maintaining the $1 threshold is more like what it takes to get booted off.
NXT has no common ownership with Kodak so that theory is a waste of time. Investors aren't that stupid to connect unrelated companies.
This company is not on NASDAQ yet and it is a waste of time dreaming non-reality. I have seen companies go to NAS and the great dream does not unfold, no one cares. You have to issue a bunch of discount shares to brokers so they can get their clients interested to get it going from my last experience. Issuing shares at a discount to today's price would defeat the purpose everyone is griping about, namely no sp profit for us yet.
vankent you are right, the price will move when NXT does something to convince others to buy. Perhaps they have already done enough and it is a matter of the right person catching interest in NXT, but right now it is a company with a lot of potential that people aren't willing to pay for. It is a simple process, this share price valuation, and we can't read the minds of others so if we believe in NXT we just patiently hold for action.
I guess the whining posts fixated on share price not moving do not understand that a market is comprised of more than themselves. They want the price to go up so bore us with theories that someone is out there suppressing the price every time it goes down etc. IT IS OUT OF OUR CONTROL so even if that is happening, which you will never know, it is useless trivia.
I have had Wavefront for a few years and got it from his site.
Does Letourneau have an answer to why big companies like Encana and Penn West only use it on 1 project each? Encana has used it at Wainright for 2 or more years now.
The presentation is focused on solar only. Maybe they had too many investor questions about the other technologies that are too far down the road.
The presentation on their site has changed since I last saw it, but that was a while ago. Slide 23 just shows trading until Aug, so perhaps this presentation has been there for a while.
They mention tandem "Estimate the first small device, a double-layer, single junction cell, will be ready this year"
http://www.natcoresolar.com/images/stories/natcore-technology-corporate-presentation.pdf
Rice is not an investor that I would pay any attention to. You have no idea of their risk tolerance so it is possible they will only squeeze until they see blood, then sell. What would that prove to us?
Rice has their own agendas, research etc. just like Pinnacle had its own rules to follow when they sold.
I was only referring to Provini getting $275k which is rich compared to others I have seen on the Venture heading up companies with no sales. Of course if we hit the home run then it was a cheap salary, however this is a big up front cost to shareholders today.
I was also referring to him not selling shares yet being somewhat mandatory to attract me to invest in this company, because of NXT fronting this big salary to him.
I should have been more specific in my previous post, because I stupidly assumed Lundin was bringing in some similar sized paycheck. I don't even see what he makes listed on SEDAR though.
The pinks are more likely to have that kind of scam than the Venture which has better regulators, which is why they listed on the Venture. The Venture is not without promoters and liars though so you do have to beware. There was the "3D" tv that the inventor had bought at a store then glued something to the front of it to fool the analysts. That was a $10 stock about 10 years ago before the guy fled the country.
NXT has more credible mgmt so that plus holding their shares is all we have to go on, unless you count some potential customers news releases.
I wouldn't be here if they were selling any of their shares for the reason I listed before, only mgmt knows if this works so if they are selling while making those huge salaries there is no financial hardship consideration.
Re: I would add that Provini and Lundin haven't sold a share.
They have no choice. There is no brokerage following the stock to keep investors hopes up, just these guys. IMO. if they started selling any, this would fall apart, because if they don't believe in it enough to hold, us outsiders wouldn't either.