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Some top reasons people watch this AlphaTrade
1. Is not a start up company, 10 million revenue achieved in the past.
2. Never traded this low before .0001 and as high as .50 in the past.
3. Have been trying to tap into the multi-trillion dollar online trading industry. Should they just be successful to get 1 % percent of this market it would generate 100 million in revenues.
4. Still has other revenue sources coming in
5. How they will make proper adjustments from Chap.11
6. The BNET all cash transaction, that was never announced if it's still on or off.
7. There new director has just started.
Where's the "Mini Me" rally's
Yep maybe I should just throw down
dump the whole pod and go for that really big EPIC Return, If not maybe just play the "Mini Me" rally's which should start any day.
it's just endless, know matter what people seem to play this. Even now in the depths. they just keep coming. Wave after wave all with different plays and skills. Probably all the way into the grays and beyond
maybe into the next generation they will still be pondering ways to play APTD.
market cap 808t
assuming OS is 4.5B which In my opinion 3.2 B is in limbo land because nobody can prove the CEO sold the death benefit shares or how many but one can prove they tried to trade some on the BNET all cash transaction that I guess died or may still be in the works.Who knows what's happening.
I expected the CE, and expect it to be lifted within 3 months also when results come in from aggressive promos and Mr. Miller the new director. He has yet to make his mark with all that has happened with Katherine's departure from vise president and this bk. so I'm eager to see how and what he will do. APTD is too established to just collapse . Still sources of revenue coming in.
and VI Thanks for posting.
I'm not buying this and only hold free shares
Higher gold and silver prices lead to improving fundamentals for mining companies
, and may eventually lead to a short squeeze among the hedge funds. That would force them to cover their positions, which would lead to sharply higher share prices among gold mining shares.
Although the entire gold mining sector is benefiting from the rise in gold and silver prices, I have found two stars that offer a lot of value and upside potential. According to my analysis, both US Gold and....
http://seekingalpha.com/article/269360-the-attraction-of-gold-mining-shares
Some of today's miners results : UXG -928% and
UXG -928%
USG:CA -927%
RPM -641%
ABX -388%
CDM -325%
NEM -227%
KDX -1.96%
CDE -0.27%
Between FX derivatives and the announcement of investigations of speculators in the oil market combined with margining requirements concerns, Obama's story line which many just can't firmly grasp because the government doesn't have it's story right with the buried at sea thing. Oh and not to mention the up coming rapture of the Lord on May 21 . I think it's safe to say that May maybe the straw that makes or breaks the old camels back.
We sure could use a moderator, Hope your considering
Another bulletin out today
A gold mining stock,quite interesting
yep like all pinks the sec is the problem for letting all them continue
perhaps the sec is corrupted by the 5 companies who run this country,
Who own all the news,books, magazines virtually everything we hear and read is controlled by the same board of directors who control the government and the people. Wake up people!
This is a shared opinion many hold as truth,mainly because these same people all hold positions on the board of directors across the same 5 companies who are so powerful they hold the government hostage.
Go APTD, Go and blend in with the rest.
But we know, Don't we.
Loss widened to $8.7 million (7 cents/diluted share) from $6.9 million (loss of 6 cents/share) in the same quarter a year earlier
AlphaTrade coming out with huge Awareness Campaign.
See today's bulletin
http://www.alphatrade.com/financial-content.php
this has a lot of new good information
Testimonials
Awareness Chart from a client
AlphaTrade receives over 11 million hits each month to it's online properties.
I'm starting to see a fresh start taking place.
Apparently APTDQ always has a never ending line of buyers. This has been a constant for years and baffles
the mind trying to figure it out why and who.But nevertheless shows us the popularity one has never loses it's savor no matter if it's good or bad. I'm not worried here and a good game plan should emerge soon. MMs playing around with the bid/ask
I'm not buying this and only hold free shares
About that 1 yr. chart surely your not referring to that little thing? Decrease was the truth for me this past year. Why they won't even let it grow to 2 cents..
10 Q EDGAR Online via COMTEX) -- Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Overview
The following discussion updates our plan of operation as of May 5, 2011 for the foreseeable future. It also analyzes our financial condition at March 31, 2011 and compares it to our financial condition at December 31, 2010. Finally, the discussion summarizes the results of our operations for the three months ended March 31, 2011 and compares those results to the three months ended March 31, 2010. We suggest that you read this discussion in connection with the MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION contained in our annual report on Form 10-K for the year ended December 31, 2010.
Plan of Operation
Our plan of operation for 2011 for Mexico is to complete the feasibility study at the El Gallo Project, as well as continue to further drill and explore surrounding areas. For Nevada, we plan to complete a pre-feasibility study at the Gold Bar Project, conduct an exploration drilling program to potentially increase the size of the deposit, as well as to test peripheral targets that we have generated through field prospecting and sampling at the Gold Bar Project. We also plan to further drill test the two promising targets at Limo found in 2010, the Cadillac and Continental sites, and conduct reconnaissance exploration including sampling, mapping and possibly geophysical surveys at that site.
The company-wide exploration budget for 2011 is currently projected at approximately $29 million, including $21 million projected for Mexico and $8 million projected for Nevada, and may be re-evaluated at any time during 2011. Corporate general and administrative overhead for 2011 is expected to be consistent with 2010 at approximately $5 million with property holding costs projected at $4 million. We also expect to spend approximately $8 million in 2011 to acquire mineral property interests.
On February 10, 2011, we entered into a binding letter of intent with the owners of the Tonkin North claims for the purchase of those claims. Pursuant to the letter of intent, we have agreed to pay an aggregate of CDN$8.4 million ($8.7 million) for the claims and grant the sellers a 2% net smelter return royalty interest on any gold produced from the claims in excess of 682,000 ounces of gold. The parties have not yet negotiated and entered into definitive documentation for the transaction. If the transaction is consummated, we will use cash on hand to pay the purchase price for the claims. If we do not consummate the transaction to purchase the claims, our total interest in the Tonkin Complex will be reduced by 478 claims or 13.96 square miles, and, as a result, we estimate that our interest in the previously announced mineralized material identified at the Tonkin Complex will be reduced by approximately 38%. If the transaction is not consummated, we will file amended technical reports under NI 43-101 on the Tonkin Complex to reflect our reduced interests in the Tonkin Complex.
Liquidity and Capital Resources
As of March 31, 2011, we had working capital of $111.2 million, comprised of current assets of $115.7 million, which includes $33.1 million of gold and silver bullion, and current liabilities of $4.5 million. This represents an increase of approximately $97.7 million from the working capital of $13.5 million at fiscal year end December 31, 2010. At March 31, 2011, the fair value of our gold and silver bullion held exceeded its book value by approximately $4.1 million.
In February 2011, we substantially increased our working capital when we issued 17.25 million shares of common stock at a price of $6.50 per share, which includes the entire exercise of the underwriters' over-allotment option of 2.25 million shares in a public offering pursuant to a registration statement filed with the SEC and a prospectus filed with Canadian securities regulators. Robert R. McEwen, our Chairman and Chief Executive Officer, purchased 3.05 million shares in the offering. Gross proceeds from the 17.25 million shares sold in the offering totaled $112.1 million. Proceeds to us, net of commissions and expenses, were approximately $105.4 million.
Table of Contents
Our only sources of capital at present include cash on hand, marketable securities, gold and silver bullion and the possible exercise of options since we are not generating revenue. Warrants which were previously outstanding expired on February 22, 2011. Based on current spending projections, our current cash on hand, marketable securities and gold and silver bullion are expected to be sufficient to fund ongoing operations until 2013. We expect to continue depleting our working capital as we spend cash on exploration and other activities described above under "Plan of Operation".
Net cash used in operations for the three months ended March 31, 2011 increased to $9.3 million from $6.5 million for the corresponding period in 2010, mainly due to increases in cash paid to suppliers and employees. Cash paid to suppliers and employees increased to $9.3 million during the 2011 period from $6.5 million during the 2010 period, primarily reflecting increased exploration activities in Mexico and Nevada. Cash used in investing activities for the three months ended March 31, 2011 was $28.6 million, primarily due to additional purchases of gold and silver bullion of $30.2 million and partially offset by proceeds from the sale of gold bullion, as compared to $1.8 million in the comparable period of 2010.
Cash provided by financing activities for the first three months of 2011 was $105.7 million from the public offering of 17.25 million shares and exercise of stock options compared to $13,650 in the comparable period of 2010.
Results of Operations
Three months ended March 31, 2011 compared to three months ended March 31, 2010
For the three months ended March 31, 2011, we recorded a net loss of $8.7 million, or $0.07 per share, compared to a net loss for the corresponding period of 2010 of $6.9 million or $0.06 per share. The increase for the first quarter of 2011 compared to the first quarter of 2010 reflects our accelerated exploration efforts in Mexico and Nevada.
General and administrative expense for the three months ended March 31, 2011 and March 31, 2010 remained consistent at $1.4 million.
Property holding costs during the 2011 period decreased by $0.7 million to $0.9 million compared to $1.6 million for the same period in 2010. The main factor for the decrease in 2011 is the pending purchase of the Tonkin North claims as discussed in the "Plan of Operation" above. In the first quarter of 2010, we made lease payments of $0.8 million for the Tonkin North property. Exploration costs for the first quarter of 2011 increased by $2.7 million to $6.9 million as compared to $4.2 million for the same period of 2010, reflecting an increase in exploration activities at the Gold Bar and Limo projects in Nevada and at the El Gallo project in Mexico.
Total stock-based compensation expense in the 2011 period increased to $0.5 million compared to $0.3 million for the same period of 2010, reflecting an increase in the number of options granted and higher calculated option value during 2011. Stock-based compensation expense is allocated to the general and administrative and exploration costs lines within the unaudited Consolidated Statements of Operations and Comprehensive Loss.
Accretion of the asset retirement obligation in Nevada and Mexico for the three months ended March 31, 2011 and 2010 remained constant at $0.1 million. During the first quarter of 2011, we sold 1,603 ounces of gold bullion which resulted in a realized gain of $0.5 million. We did not sell any gold bullion in the same period in 2010. During the first quarter of 2011, we recorded a foreign currency exchange gain of $0.2 million, reflecting a weakening US dollar against the Canadian dollar and its effect on the net monetary assets or cash that are denominated in Canadian dollars.
Critical Accounting Policies
Critical accounting policies and estimates used to prepare the financial statements are discussed with our Audit Committee as they are implemented and on an annual basis.
There have been no significant changes in our critical accounting policies and estimates since December 31, 2010.
Table of Contents
Forward-Looking Statements
This report contains or incorporates by reference "forward-looking statements," as that term is used in federal securities laws, about our financial condition, results of operations and business. These statements include, among others:
* statements concerning the benefits that we expect will result from our business activities and certain transactions that we contemplate or have completed, such as receipt of proceeds, increased revenues, decreased expenses and avoided expenses and expenditures; and
* statements of our expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts.
These statements may be made expressly in this document or may be incorporated by reference to other documents that we will file with the Securities and Exchange Commission ("SEC"). You can find many of these statements by looking for words such as "believes," "expects," "anticipates," "estimates" or similar expressions used in this report or incorporated by reference in this report.
These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause our actual results to be materially different from any future results expressed or implied in those statements. Because the statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. We caution you not to put undue reliance on these statements, which speak only as of the date of this report. Further, the information contained in this document or incorporated herein by reference is a statement of our present intention and is based on present facts and assumptions, and may change at any time and without notice, based on changes in such facts or assumptions.
Risk Factors Impacting Forward-Looking Statements
The important factors that could prevent us from achieving our stated goals and objectives include, but are not limited to, those set forth in other reports we have filed with the SEC and the following:
* decisions of foreign countries and banks within those countries;
* unexpected changes in business and economic conditions;
* changes in interest rates and currency exchange rates;
* timing and amount of production, if any;
* technological changes in the mining industry;
* our costs;
* changes in exploration and overhead costs;
* access and availability of materials, equipment, supplies, labor and supervision, power and water;
* results of current and future exploration activities;
* our ability to secure permits needed to explore our mineral
properties;
* results of pending and future feasibility studies;
* changes in our business strategy;
* interpretation of drill hole results and the geology, grade and continuity of mineralization;
* the uncertainty of reserve estimates and timing of development expenditures;
* commodity price fluctuations
Table of Contents
* local and community impacts and issues including criminal activity and violent crimes ; and
* accidents and labor disputes
We undertake no responsibility or obligation to update publicly these forward-looking statements, but may do so in the future in written or oral statements. Investors should take note of any future statements made by or on our behalf.
May 06, 2011
(c) 1995-2011 Cybernet Data Systems, Inc. All Rights Reserved
Well I'll never forget this one ! The stock that "Died by a Death Benefit".
Now what karma and red African ants.
Good Luck
9.35 after hours Thurs 7 pm~
Wonder what the new name will be ?~
UXG "Bull Flag Detected"Wms%RSI,Ma,ppo most charts in
radical rising up trend motion with no immediate pull back in sight
IMO were "going off the charts". As we reach the $10.00 milestone a lot of the herd will keep joining in. As you can see in the past month UXG volume has increased dramatically . This increase in volume is the true bull flag in my opinion. UXG has entered a whole new realm of volume expansion . Targets are in some kind of wonderment stage with nobody really knowing the full power of the bull that's driving the stock.
What is it JD?? You might be asking? Why is UXG so good?
In a nutshell. "We Got Good Dirt"
all imo
have a good weekend
Years to run!One for the record books.
One of the most difficult things is to hold through a bull market. Legendary speculator Jesse Livermore said it was never his thinking that made him money but his patience. With the recent blow ups in technology, housing and the financial sector, there will be even more contrarians around to denounce the bull market in precious metals. This bull market has years to run and will be one for the record books. Buy and hold your core position and do not think about it.
Also latest GDX and GDXJ charts
http://wallstcheatsheet.com/trading-markets/gold-is-gleaming-brighter-on-the-breakout.html
U.S. Gold Corp: A Study in Junior Mining Leadership
"another good article"
http://seekingalpha.com/article/262344-u-s-gold-corp-a-study-in-junior-mining-leadership
Were better off now.This is all good!!!!!!
Your talking about less than a penny stock and complaining about a freak en triple 07 give me a break, could of sold what? a couple of cents worth.
why should I feel sorry for anybody who uses penny stocks like slot machines anyway.
glad you sold
bye
Gold Glitters at All-Time Highs Silver Going Parabolic
BGMI weekly tick chart
FIB chart
looks like 1500 gold 45-50 Oz. Silver in a couple of months 12 dollar UXG imo
http://wallstcheatsheet.com/trading-markets/gold-glitters-at-all-time-highs-as-silver-shines-parabolic.html
Somebody will pick us up ~
Many ways to view this
Are we hung or just hanging ?
Continuous Contract Chart predicting major gold & Silver break out !
Got to love this
http://wallstcheatsheet.com/trading-markets/is-gold-on-the-verge-of-a-major-breakout.html
Guess that ends that quarter~
Gold and silver prices could plunge 20% if investors' perception of the global economy continues to brighten, US Gold Corp. (UXG) Chief Executive Rob McEwen said Thursday.
NEW YORK, Mar 31, 2011 (Dow Jones Commodities News via Comtex) --
TOP STORIES:
INTERVIEW:Gold Could Drop 20% If Market Optimism Grows - McEwen
http://www.marketwatch.com/story/dj-precious-metals-highlights-top-stories-of-the-day-2011-03-31-151950
For the longs not the stuck Am I the only sentimentalist left here? with Kathleen's departure now it makes me a little sentimental because I believed in Penny's dream. I have always had a good feeling about APTD and still do. Not just because I made a little cash here on that day in Aug. Right along with the rest of the sellers/hogs that day when it hit 6.6 cents. Not that all my shares are free shares that I hold either but that I really believed in these women. I still have hope that what they have started with APTD will continue and inspire future management for the companies benefit.
These Pangs
What's happening now.(IMO) is what is happening to most businesses now. These pangs are how companies shape themselves to survive this recession. It's a good thing. Being nothing is happening with the BNET deal I imagine that's gone too. So we are at square one and happy to stay in business with an economy that really nobody is use too. For all you who own businesses now. Know exactly what I'm talking about. There are still good customers out there. They want your products but demand a low cost and they will find it. If you don't conform to your surroundings and remain in the same old practices such as cost of livings raises or 1990's mark ups that use to work etc. etc.. Then your probably losing your new customer growth that you enjoyed in past years.
Case in point is the APTD slashed prices up to 50 percent as we have seen in their advertising lately.
This is what it takes and I'm sure Mr. Miller probably had a lot to do with this. It is a good move and I have tried it myself with my 32 year old business . Risky and unsettling but it worked. I'm seeing new accounts in which would of went somewhere else. Yes the profit down now but at least we are bring in customers.
Take care
I watch my investment expands right along with them for over a year now. I'm brimming with excitement and only have two words (Hell Yes) My triple is approaching and your reading a post from a very happy investor.
Thank You UXG. Thank You IHUB. Your the Best.
I'm not bragging I just own a really good stock and post on a really good board.
GL
On March 14, 2011, Anthony K. Miller was appointed the President of AlphaTrade.com, (the “Company”). Mr. Miller is currently a Director of the Company. Effective immediately, he is taking a larger role in the Company because of his extensive public company background.
On March 16, 2011 Mrs. Katharine Johnston agreed to resign as Principal Financial Officer, Vice President and as a Director of the Company. Her resignation takes place immediately. Mrs. Johnston’s resignation was not because of a disagreement with the Company. Under the terms of an Agreement with Mrs. Johnston, she shall be indemnified against litigation arising from any corporate actions taken during her tenure as an Officer and Director of the Company inter alia. (See Exhibit 10.2).
From 8K
http://finance.alphatrade.com/page/externalpage?src=http://xml.10kwizard.com/filing_raw.php?repo=tenk%26ipage=7496490
http://finance.alphatrade.com/page/externalpage?src=http://xml.10kwizard.com/filing_raw.php?repo=tenk%26ipage=7496490
US Gold CEO: Gold Prices May Hit Peak In "Couple Of Years.
http://www.marketwatch.com/story/us-gold-ceo-gold-prices-may-hit-peak-in-couple-of-years-2011-03-23
All it says is more to come. No Story just statement from CEO at this time.
Imagine 2 more years of days like today in which UXG was up 11.10% to 8.61
Could UXG reside in major breakout territory? check out this chart where the assets are currently ~$199 Million. Several months ago the assets were almost at $350 Million. The peak was at the end of 2009 at $375 Million. This is just one measurement of fund flows but it shows a significant outflow in the last few months, yet the sector is basically at an all time high.
Also, global pension assets are estimated to be $31.1 Trillion. Shayne McGuire, author the book Hard Money; Taking Gold to a Higher Investment Level, estimates that the typical pension fund holds only 0.15% of its assets in gold and another 0.15% in mining stocks.
Needless to say, this is a potentially extremely explosive situation. As this bull market continues, at some point the massive herd will gradually pile in.
This site also has the BGMI weekly tick chart. The chart tells me most gold stocks like UXG has went through couple of asset outflow months and is continuing it's 11 TH year bull run.
Good Luck All
http://wallstcheatsheet.com/trading/here-is-the-one-bull-market-investors-have-missed.html
Nice gain today +5.1% go baby go
Fear ..Joy...Fear... Joy...repeat top news stories today.
1. world faces atomic melt down
2. bachelor gives out rose
3. winning...dah
Truth is many-sided~
Online Brokerage Firms Are Riding High On Sentiments
Investors have shown ample enthusiasm for shares of companies in the online brokerage industry. One key reason bolstering shares of online brokerage companies is their increasing adoption among first-time investors. With the financial markets showing gradual improvement after the global economic recession of 2008, first-timers looking for their share of the financial growth pie are turning towards online brokerage firms and its competitors because of their convenience and ease of use.
Moreover, online brokerages have been successful in attracting customers from traditional brokerage firms. The likely culprits here are the fees and commissions charged, as online brokerages provide services similar to traditional brokerages at considerably lower costs to the end customer.
from: nasdaq news
(DARTS) daily average revenue trades for Online retail trading surging .
It was a strong finish to February, as retail trading proxies show daily average revenue trades (DARTs) are flat to up 5% versus January.
In addition to our retail trading proxies, on Feb. 23 E*Trade Financial (ticker: ETFC) disclosed that its month-to-date (through Feb. 22) DARTs were up 2% from January.
This is a marked improvement from our mid-month proxies that indicated DARTs were likely down 5% sequentially. We note the proxies likely apply to the larger eBrokers (TD Ameritrade Holding (AMTD), E*Trade Financial and Charles Schwab (SCHW)).
It appears that for the eighth straight month, ...
http://online.barrons.com/article/SB50001424052970203500704576174511581375094.html?mod=BOLFeed
The same things that moved it before~