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Back to normal.
No news, no volume, no ARCA, NITE screwing around.
NITE .0268 x .0269?
No dumping at the close.
AUTO pulled his bid without getting completely filled. He may be back.
They are not going to let it breakout until ARCA gets the memo.
Sometimes when they bring it up on small volume they know something is going to pop, news is on the way or there are buyers out there.
Or they are just trying to get the AUTO bidder to buy from ARCA.
Fighting with bayonets now.
The AUTO offer for 11,005 shares took the bid at .0235. Bye, hope you can pay the dental bill with that.
I still think there are times when someone holds the price in a range to get a deal done (stock swap merger, contract based on financing) and that could be happening here with ARCA. Seems to me Chevra and Kehal would have sold in the April peak-drop.
Wishful thinking but if PG&E wants big projects why not the one near Bakersfield where CSKH owns the property?
Yes I think so.
I'm starting to think ARCA is Ezra.
VERT needs to wake up- if he wants to finish his order he has to go to 4 cents-
ARCA is gone?
Advantage vert- arca dumped his shares at the close.
The UBSS jerk off is holding tight for an extra $80.
Now? No- not yet. When? We'll let you know. I don't want to leave 500,000 sitting there what if someone buys it? We'll give you more- we can naked short it and get it back later. I still don't want to. Trust me, it will be ok.
Oh- there it is.
Where'd the big block go?
Well, it could be some guy who made a million in gold and thought he'd take a shot at a penny stock and doesn't care if he loses it- so it may not be informed money. But after two or three years of market makers stepping in front of each other trading one hundredths of a cent , someone buying at the market ask would hopefully imply something good.
Not necessarily but the stock has been in a long term downtrend/ trading range and news has not helped it start an uptrend- it would not be surprising to see a price move on no news and to find out later what happened.
Price/volume action creates news, not vice versa. Common misconception.
WTF ARCA?
Does someone put in a market order for around $15,000 worth of a pos stock at the open on a Monday morning because they read something on a blog over the weekend or they overheard something a company secretary said at a bar Saturday night?
It mutated and is still there.
It could gap up to 10 cents and answer the question for you.
I said bullish, not bullshit.
When a rally starts there is skepticism. I don't know if a rally is starting but updown is skeptical. Someone on yahoo said the same thing about this, also.
I don't know how much stock Joe Noel has but let's say it's 2 million shares. If he could sell it for 10 cents he'd get $200,000.
Joe Noel said he is suing certain posters who repeatedly left malicious messages attacking him at yahoo, claiming damage to his business for $1 million or more.
Those posters would be able to use examples of pumping as their defense. Why would Joe Noel risk losing $1 million to make a couple hundred thousand? The attorney is probably on contingency, he doesn't need to pay legal fees yet.
What if the company changed their accounting method and did not announce it yet? They are not doing commercial projects as much, they are selling power purchase agreements. I'm not an accountant but is it possible they are booking the revenue when they sell the contract to the lender? Is that why they changed accountants- it is less work to book the contract as a sale than keeping track of percent completion but J Cohn would not lower their fees so they changed to a new firm?
If Joe Noel is predicting a large revenue increase for Q2 I can see how it could be true.
Bullish means good for longs. Bullshit means not true.
From an investment psychology point of view, your skepticism is bullish.
Still don't get why people sell when it starts to rally, but oh well, sayonara, a++holes.
Do you think management is not communicating because:
a) They are waiting until they finish more projects
b) They are a scam and are just in it to sell stock
c) They are incompetent and don't know how to get more investors
d) There is something bigger in the works and it is better to hold the price at current levels until certain things happen??
If/when a rally starts the 500,000 block will either get bought up or more likely to me will disappear or retreat and price will appreciate rapidly. There is of course no guarantee the price will ever go up with this company's apparently complacent managers.
100,000 shares @ .0215 is $50 savings over .022.
We can only hope to be acquired by a company with a ceo who knows what "shareholder value" means.
SOPW, RSOL-going up. CSKH-not.
I don't think the big block is there because an investor wants to get out, I think it is holding the price here until something happens. Just an opinion. If you chip away they will put more shares in its place.