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Yes. and there is a lot of mention of UTRM on the IHUB momentum boards today, e.g. Momentum Players, including an update from IR. I have not received it yet, but there is apparently an update out there.
And, when UTRM moves, it really moves. Has traded much higher (.15) within past 6 months.
Next week will be a better week for the PPS, IMO.
Great new videos and information up on the calmarett.com website. Also, checked back with Mr. Johnson (IR) in follow-up to my inquiry with him last week. He indicated that they have made excellent progress on obtaining the GSA permit to sell to the Federal Govt., i.e. Dept. of Defense and Veterans Affairs. IMO, this bodes well for the near term prospects in terms of the ability to sell the machine to the government. He also indicated that the company plans to issue an update soon. I think patience is the key here.
Thanks.
Nice positive day, but we need to see more like this. IMO, there were several interesting aspects of note in the trading today. The vast majority of trades were between .125 and .14, and there was hardly any volume lower than that other than 1 miniscule sell of hardly any volume that took the PPS from .14 to .10 at one point. That the stock could go up 27% on such low $$$ volume on the day (less than $25,000) is a real positive and indicates the lack of any real sellers. Think of what we could see if there is some positive news, or some serious $$$ comes into the stock.
Nice to see the volume picking up and to see the large block trade earlier today. I would like to see us test the recent resistance at 2.10 again.
That's better - Bid now .13 Ask .14
MM's must be playing games. With a low trade of .11 for the day, and with the vast majority of the 114,400 shares of volume trading between .125 and .13 they still have the bid at .10 with a .04 spread between the bid and ask of .14. MM's must know something and be trying to clip some $$$$
And, did you notice a while back that all of the volume for the day was at .033, and then someone does a $150 sell side trade at the bid of .0301. Who in their right mind would sell $150 of stock at this price?
Good points HH. And, thanks for answering the question on the ordered units. I have not ordered one, so would not know. You can see that the hard selling is gone just from a study of the trading.
Thanks surf. These reports will look a lot better after Zenvia gets full FDA approval.
Anyone have a good projected date for the release of the 10-Q? If this was just a typical quarter I would expect it next week, around 2/9 - 2/10, but the annual typically comes out later, i.e. last year it was filed on March 16. I would hope it could be sooner this year.
Agree. It is not currently reflective of the true value here.
It appears to me from the trading data that the significant selling of the past weeks has subsided. Looking for more bright days ahead for UTRM.
At this rate we may hit $2.50 this afternoon.
Whatever it was, the slow steady climb from 2.25 to 2.29 over the last 30 minutes or so has come on light volume. Good sign. Think where we can go if we get some real volume.
Yes. the block trade is nice, but volume is otherwise pretty light (that block is 25% of volume today). We should move up sharply if we get a significant increase in volume.
HH: yes on both accounts. I also want to see what the stock does with some decent $$$ volume. Share volume is not meaningful here. At this price level 2 Million shares is less than $65,000, which is nothing in the scheme of one overall trading day.
Thanks Clay. Your input is always appreciated.
Decent day - looks like the heavy selling has subsided. Re: earlier mention by a poster that I had posted about UTRM on other boards - Yes, I did ask Clay Trader (Charts are Coooool) for a chart analysis of UTRM, as I thought the timing was good for this. Clay is well known for his excellent charts and chart analysis within IHUB. I also noted the recent trade and action in UTRM on certain specialized momentum/breakout boards, as this would be of interest to the members on those boards. There was nothing innappropriate with those posts on boards not devoted to a particular stock. And, it never hurts with a micro-cap developing company like UTRM to expose it to others, i.e. it does not hurt to attract new interest and new $$$ to the stock.
Nice increase in the PPS into the close, on what was actually light volume. That could be a good sign going into tomorrow.
UTRM bouncing back up hard.
UTRM breaking out hard from recent bottom.
UTRM looks to have bottomed and is headed strongly back upward
UTRM: Clay, could you do a chart on UTRM? Thanks.
The significant percentage increase in the PPS has come on relatively little volume. Today's total $$$ volume is only around $5,000. That would seem to indicate that whoever has been selling (perhaps one or more large holders) may have run out of stock to sell. But, let's see how the rest of the day goes.
MM: IMO, the long term outlook for CTT is very bright. The product has great promise and should generate growth for the company, so I believe this is a solid long term investment. I think the short term prospects in terms of PPS depend on what news comes from othe company in terms of orders shipped, the destination for those orders, and ultimately revenue figures for the quarter that just ended yesterday.
Correct. And the right strategic financial model going forward.
Thanks HH. Great report. I too believe things are picking up. We should see signs of progress and more strength in the PPS over the next weeks and months.
HH: Great to see you back. And, what a great finish into the close today. P.S. about post 1323 - I understand.
riz: I am going on what was in PR from 12/14/09 re: start of negotiations with potential distributors (I have to believe we will hear more on this soon as they are 6 weeks out from that); and on what I learned from IR earlier this week (see post 1262).
I think the real market for this product is overseas, so I am willing to give the distributor negotiations some time to firm up.
sharkriver: Thanks for the clarification. I made that post as I found Mr. Johnson to be forthright and professionsal, and I felt that I had learned considerable useful information in my inquiry that I should share.
Nice explosion in volume. Maybe things have turned for good. It has been rough down here, but this is what always happens with micro-caps like this. I have found that you can never pick the bottom in these stocks. However, when stocks like this get down this low, there are 2 alternatives.
1.) If you think the thing is going down you sell out and move on, as ranting about management on a board like this does no good, and it makes no sense to bash a stock you own. Does anyone here really believe anyone who claims to own the stock and is constantly bashing mangement and company. What could be the motive?
Or, 2.) if you still believe in the product and company you use this as a potential opportunity to average down your PPS and end up getting a bigger bang for your buck in the long run. We know they have apparently been negotiating with distributors and getting ready to ship product.
That is priceless. And stupid.
I meant I am not up around $2.40 - $2.50 as you have complained you are. I am fine, and do not need you to worry about my investments. I did not buy CTT for a quick flip (although I was up nicely at one point). I note that it has gone from this level to the $2.68 range before (more than once) on minor news. I expect to profit from my investment in CTT. Again, Ma'am, there is nothing to be gained from these exchanges.