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this thing just grinds away at you...is like a slow water torture in a solitary confinement..someone needs to open the door and let the sunshine in and push this ask to that stratosphere of .04 and beyond,if not we are Papillon
just saw this on Ameritrade quote page for IBTY ............................................................Industrial Biotechnology Is Key to Achieving Energy Independence, BIO Says
2:42p ET July 3, 2007 (Business Wire)
Brent Erickson, executive vice president of the Biotechnology Industry Organization's (BIO) Industrial & Environmental Section, released the following statement today regarding Energy Independence Day legislation highlighted by House leaders:
"As Americans celebrate Independence Day, they can expect to hear politicians of every stripe advocate domestically produced biofuels - particularly ethanol from cellulose - as the surest route to greater energy independence. We agree that biofuels can help America drastically lessen its dependence on foreign petroleum imports. In fact, ongoing advances in industrial and agricultural biotechnology can help America meet nearly half its transportation-fuel needs by the middle of this century. And Congress could do a great deal to help American companies achieve this goal.
"What most Americans don't realize is that pioneering companies around the country are right now planning to build biorefineries to bring cellulosic ethanol to the pump, if the proper incentives are available. Many of these biorefineries will be built through public-private partnerships, with industrial biotechnology companies at the forefront. Leading biotechnology companies and biofuel producers are major participants in many U.S. Department of Energy projects announced this year, including the recently named Biofuels Research Centers. Through their work, the first few million gallons of ethanol from cellulose will become available to U.S. consumers by the end of 2007.
"But a few simple facts illustrate the need for much more rapid commercialization of biofuels from cellulose. The existing Renewable Fuel Standard (RFS) calls for 250 million gallons of cellulosic biofuels by 2013. However, capacity for cellulosic ethanol production from all biorefineries currently planned or under construction is approximately 128 million gallons.
"The 'Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007' recently passed by the Senate proposes a new RFS of 36 billion gallons, including 21 billion gallons of cellulosic biofuel, by 2022. Under this new standard, renewable fuels would meet just over 20 percent of expected demand for transportation fuels.
"To rapidly achieve a level of cellulosic biofuel production that will substantially lessen U.S. dependence on imported energy, the biofuels industry needs continued investment both in construction of large-scale biorefineries and in ongoing research and development in enzymes and other biorefinery processes. Congress can help the industry in three ways. First, the proposed new RFS will help to create market demand for cellulosic biofuels. Second, a tax credit for pioneering producers would help the industry overcome the increased risk associated with bringing cellulosic biofuels to the marketplace. And third, development of infrastructure to transport, store and pump biofuels would help the industry bring the benefits of biofuels directly to consumers.
"We need not only a new renewable fuel standard, but also the other policy tools that will insure rapid construction of large-scale commercial cellulosic biofuels facilities. There will be considerable business risk for the pioneer cellulosic biorefineries and Congress must help insure that these risks are reduced so that we can meet the requirements of a new RFS. The Senate passed an energy tax bill that the oil companies derailed. Let's hope, in the interest of changing our energy mix, the House will be able to pass a cellulosic biofuels tax credit and that the Senate and President will support it."
For more information on cellulosic biorefineries under construction, please visit http://bio.org/ind/biofuel/CellulosicEthanolIssueBrief.pdf.
BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology products.
SOURCE: Biotechnology Industry Organization
Biotechnology Industry Organization Paul Winters, 202-962-9237 pwinters@bio.org www.bio.org
i have been in some other pk's where Ubss is on the bid and ask,ie keepin it boxed,protecting the downside but not letting it run...after a while that sucker lifted and flew...not sayin is the case here but,may not be a total bad thing.....
http://www.windchart.com/stockta/analysis?symbol=ibty&country=USA&size=Small&frequency=3... sideways with the MACD turning up...
it will have to take a catalyst IMo...something to bring a small rustle is all thats needed...look at the chart...April ran .03 intraday on around 7 mil traded..doesn take much buying pressure to pop it...we have just bee lackin solid numbers of buying pressure is all....
hopefully we'll here something soon.stocks like this can really grind away at you if you monitor them too close...
IBTY spending a lot of time at these levels any chart clues on them and also APPA
i added a smattering today,,,have know idea who the lucky J's were that got the .002's and .0025's but no haps with my broker,,tis ok i'll take .003's anyday
well we'll see, i still am addin some occasionally down here....0025 held albeit a breif dip under,however i never got filled down there,only .03's for me...
well that dip didnt last long,problaby prearanged luck stiff MM's...
maybe is just a shake....
i hope so,i dont like .0025 breaking,technically not good....
sshhh wish theyd get hip to IBTY :)
welp im at .0055 so i guess im just silver or bronze... :(
well when it want to it sure bounces hard...
yea, more waiting,,,least .0025/ .003 is begining to look like a stable floor here.....
anybreak thru 50 day EMA a long way to go up to the 200 day EMA(.32)
APPA closing price $7
i cancelled my request for my certificates, the process would take 4-6 weeks they said and i could sleep if this thing went to $10 and then back down to $1 and my shares were truckin thru the u.s mail at the time..yes the website is still functionable, seems they are wirkin on the links,homepage etc...glty
holy moly we will be number one before tnites over i think http://www.thelion.com/bin/forumlist.cgi?cmd=roar20 i agree hum,as scientist they are so involved in their research etc they are just now tryin t package it for production/mass market,some co.'s excel in just that area..so the partner of the two would seem likely...the key to them has always been their patented technolgy,patents have stood the test of time in courts,buyouts etc..imagine nailin the true bottom of a stock that was at $2 a whileback..we might be like the folks who bought LMRA below a buck..or FRPT below .10.... yippe key ya
i dont either,really, my champagne is on ice,i will pop the cork when it happens. i just moved the container from the back room to the den so its ready,now just need to invite 15 bikini women with choclate dipped strawberries cuz im gonna be rich :)
yea,is no doubt the science is there,but u know traders,they want meat,well chartwise looks like someone was buyin a ton last week...i wonder if the company is backing off sellin/raising capital and secretly buying some down here,,just a guess..somone wanted it down at these levels last wed/thurs....
hmm court case against the Chinese govt. oughta pays some revenue. if like most companies i am sure they kept the majority of their patented properties away from this guy...will be interesting to see how the events unfold...
IBTY chart please tia
also have to see all last week was basically sideways...as .0025 the floor and a black doji higher to end the week...while not a convincing white doji...is no reds last week....imo this stock is being accumalated...i counted the buys(green candles) versus the sells(red) all week ,is close to 3-1...ie 20-30 mil buys...10-13 mil sells,someones is keepin the other 15 or so mil etc...
Williams % is comin up and the aroon has crossed thru...
technicals as in? was explained last week, the lion tracks a company/stocks buzz index by the amount of chatter on message boards,blogs and ticker symbols searches...they keep a runnin tab of which stocks are "hot" and display the ranking order...is live,current etc...
#4 on the lion buzz http://www.thelion.com/bin/forumlist.cgi?cmd=roar20
the site is valid thru 2009,it will be interesting to see what pops up on their new site..any inklin of something new and kaboomy IMO,hey at least SOMETHING is happening....
could be making some big changes to the site that requires a total pull down...
is that what was the meat of that text message u got and didnt share the details with me
well i know a true bottom when i see, feel one and this sure looks like its been bottoming here..the AH trades higher than the daily PPS etc,,,I sure know it wasnt long ago people were paying a heft price for these guys technology,and from my DD the core technology hasn't changed,so looks like the co. got quiet,went to wk and shut everyone out for a period of time. We all take that as bad but in reality it could be good...we will see
ok hummert what is this blank post???u have news ur not sharin with us???
things are feeling like they are starting to get interesting around here :)
yes in a way,some are,however i am sure there are many other MM that aren't even here on the bid or ask right now...when u see them arrive you will know
Imo, for some reason the MM respect the .0o25 .003 pps...i dunno if that is an agreement..the short,sure when this thing popped last oct/nov,i am sure every brokerage frim went short near its high,and so far have yet be threatened to cover ,albeit except once or twice few pops a few .03-.05 range,which leads us to the MM's boxing the prices and also not letting it run...ie am sure they are short and don't want to cover just yet,which in turn leads t mirror trades,,,back and forth close trades to fill their coffer with shares..this will pop really good just on some short covering alone,but beside that IMO the co. also is trying to establsih contracts in Brazil(se prior posts) if they nail one look out....
float must be REALLY low to push it like that