Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agree!
More and more this thing looks like a P&D.
The best indication was the second last announcement when they promised a PR before the open. We had no PR, the price dropped to 0.075, thus allowing MMs and Russian insiders to load their boat, and then a "bright" PR at 10-30am
Thursday's action was even more suspicious. If you look at the chart and calculate the accumulation volume 0.095 -0.10 over five days it would come to the exact number of shares they sold on Thursday after 3-30pm. Now they will drive the price down to below 0.10 to load again. It will never end. What’s the point to slaughter this moneymaker cow by announcing the close?
Hi Sent,
Haven't talked to you for long...
Plane logic drives me to the conclusion that they are not planning to have any operation in Canada in the near future. No operation means no office, no employees etc. Right? They offered AC the COO position with Siam and pulled him out from Canada. I believe they want to finalize Co. restructuring first and complete the remaining R&D study in Asia.
If you think about it this way everything looks OK so far.
And I also keep saying that the major reason for the silence may be N/S covering and Siam’s buyback. The stock is under “smart accumulation”. For how long? I think we are very close to the end as not too many shares are available for trading. Even if they manage to drop the price below 1c they couldn’t get much more shares because the people who have lost 90% can certainly afford losing the residual.
Let’s be patient then…
Maybe, maybe not...
But, at this point this is the only official information we have. I'm holding till the end based on the assumption they are currently working on restructuring. In fact, they could start the actual restructuring work only after closing the deal on May 7th.
I'm also considering the A-M Polymer $160M deal for real. Even if AC has lost Siam the A-M Polymer itself is enough to keep the price above 5c. The only reason for such a low pps right now is lack of info. The first post-silence PR could drive the price above 10c easy. All here is JMO, no pumping
This is exactly what I've heard from my friend who had lost 80% of his investment.
As far as I know you have no option, but I might be wrong here.
BTW, taking private would completely contradict with their last PRs, BP and terms of ACMG/Siam definitive agreement. All this documents assume that both ACMG and ARTL (acronym) will remain public. However, we never know…
That's right!
I'm also holding. No point to sell at this level. Yes, if I sell I could get back $12K out of $40K I’ve invested in total. What’s next? The human nature is such that one will be trying to recover the loss ASAP. How? The only way to recover such a huge loss would be investing in another pink stock and…. most likely lose the rest.
In fact, nothing goes wrong with ACMG. They announced restructuring, gave AC a job offer and put on hold their operation in Canada. What’s wrong? Nothing!
The positive is that ACMG is under “smart accumulation” on no updates - I’ve seen this waiting game many times - somebody is really interested in taking control over the float. Who? Maybe Siam, maybe NS covering, maybe both.
This stock will work out, IMO. However, the biggest concern I have is that they may want to take it private at this level. Then, the price we could get would be “last trade + 15%”
You're a brave man with a fresh mind (I mean your mind is not poisoned with our DD and MB speculation during last two months)
If I didn't hold 600K+ ACMG shares I would add more at this level - this is how I was thinking about ACMG just couple of days ago. Right now my situation is different, since I’ve made a wonderful 52% profit flipping 100K AURC back & forth since Wednesday. I’m planning to increase my ACMG position up to 0.8M some time next week.
The chart is screaming, “BUY”. In fact, the downside risk at this level is 10% vs. 90% upside. JMO No pumping
not fair at all
i was helping you to make money on AURC and all my advices came true at the end
Wrong!!!
I keep much more shares than would want to buy at 0.1
I really want the price to go UP
However.... Look at the chart
am'I??? LOL
i sold 0.16 in May and bought back more at 0.1
sold 1/2 yesterday at 0.145 and bought back 0.12 today
this is how it's supposed to be
trade it - don't invest in unknowns
IN and OUT and back in on deeps
MM were selling when people like you accumulated
i think they will be playing thier waiting game till the price comes back to 0.1 +/-
what's been changed since yesterday? notning!
do you have more confidence on this stock? i don't think so
hard to say...
to me it looks like MM simulated accumulation to dump shares
in any case I wouldn't buy more at this price on no news
Looks like a pure price manipulation to dump shares.
No news, nothing...
What's next???
it's the bottom IMO
exactly!!!
i think this is what they are doing, but the volume doesn't allow to get much
Just to let you know that "falling knife" is a T/A term
It's not bash AT ALL
In some cases after seeing a falling knife you may expect a huge run. this is what I'm saying
I don't
I placed this order just in case having some cash available
Everybody's looking for cheap shares
Aren't you?
it is pinkey, my friend, you can expect everything
remember last time they dropped the price to 0.075 on no news in the morning?
I don't need any answers as i understand exactly what's going on over here
it depends how they will play
if I miss 0.08 - it's not a problem as I have enough to enjoy the run
Game’s over for this week, guys
I placed 0.08 order expecting a "falling knife"
no trades today
GOOD!
Looks like no more shares available
Only UP from here. You'll see it soon
weak hands gone
waiting game
remember Russian insiders also want to benefit from this stock
they may want to load more at this level.
i'm predicting a shakeout coming to increase the volume
I bet no PR till Tue next week
I meant 500% on the first day
The LT upper limit is unpredictable as there will be no shares available to buy.
Hi,
I loaded a half of my boat today @0.094. Looks like it was right, tomorrow should be green.
If they come with a PR, which would clear up all the concerns, 500% gain first day would be an easy walk. And I personally think it may happen before August.
Right!
I sold my SSTP position yesterday for 20% loss and was feeling very happy as I managed to catch the hod. At 4-20 pm right after they released a PR and the stock gained 47% today. I caught it on a deep and recover my loss, but still… Could make much more
Your posts are completely meaningless
Give us some reasoning at least.
They cannot do anything with the divvy before they complete the restructuring/merger process. In fact, the divvy is a part of restructuring.
A simple advice:
If you still have ACMG shares – sell them and move on!
If you don’t why do care so much about other people investment?
Yes they are...
To SEA
Guys,
It seems to me I have a very simple and reasonable explanation why there is no office in Canada, no CEO in Canada etc. They’ve simply decided to move the major focus to SEA. That’s why AC was offered the COO position with SIAM. IMO, there’s no point to keep their business up and running in Canada – just waste of money.
According to the website, they’ve completed the R&D phase of the project. It means they are not allowed to benefit from Canadian SR&ED and TPC any longer as these two programs can only be applied to R&D.
Look at their website once again.
The only available information is General, FAQ and BP. The rest, which formerly described the Co. structure, management team etc is off. Why? It’s not valid any more before they complete the restructuring process and come up with an update. Right now they may not want to mislead people with the obsolete information. However, everything related to the SIAM deal and other business stuff is still available. To me it means AC still assumes his responsibility for it. I believe they will resume their business in North America when they finalize all production things in SEA.
Sounds reasonable?
Your comments?
And again, I can see from the trading pattern that someone is accumulated this stock. If I’m wrong here my more that 20yrs trading experience means nothing.
That’s right
Maybe something goes wrong, but I can’t believe the whole story starting right from April 06 was a scam. I still think that the silence is on-purpose. It started on Monday March 26 (no-show on MN1) just two days after the last very bright PR on Friday March 23. What could get wrong for two days – Sat and Sun. Nothing!
Another point is that I don’t think AC was such an idiot to pump his Co in such a way. If A-M Polymer contract, escrow account, filled patents and many other things don’t exist AT ALL, any (even recently graduated) lawyer can put AC behind bars. I don’t think AC doesn’t understand the consequences. Sure he does…
Very smart post!
Thanks!
Agree 100%!
There is no point to sell at 75% down.
Even if the Siam deal has been canceled the price should be more than 2c.
Saying this I assume the A-M Polymer contract is for real. I also take into account very small float of 45M. Remember somebody’s accumulating the stock.
I wouldn’t recommend averaging down at this point. It is a very dangerous game taking into account so many unknowns. But, selling at 75% down is not wise IMO. Just compare your downside risk with a possible upside. Even if Siam’s gone it’s not the end of the world – the technology still exists and may work out some time later on.
In fact, we don’t have any official bad piece of information except some speculation and our own guessing. I’m holding my LT position tight.
Another wonderful day!!! LOL
Bought 75K @0.0195, sold 75K 0.020
Solid profit of $37.5 minus $20 commission fee.
Trading this way I will recover my loss JUST in 8 yrs.
Not bad at all
WTW!!!
Where is AC???