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i will watch the price action. still in RTK? its showing some support here for now.. do you still see it above a dollar?
what would be a good entry for QTM do you think? what are the targets on this trade? thanks!
got back in at 0.85
has something changed on the chart to make that assumption? just curious. thank you sir!
good morning professor. looking for a good day here!
good morning everyone
lol.. maybe I should rephrase that.. lol
i think getting out of the teens would be a good first step..
good news for FESI!
and there is the pop as we speak.
i see. thanks for the input my friend.
augusta, RTK still looking good? I see some nice size bid at .79 and .78
maybe.. I'm just starting to loose confidence in this stock..
in LEA at 2.25 FESI looking like dog crap ..
good entry here professor?
sounds like professor Chart is also puzzled and pretty pissed off with this crap today.
i still have my shares..
546k at .208 but i have no idea whether it was a buy or a sell order.
holy smokes.. did you guys see that after hours trade on FESI? 546k... wow.
im watching the tape NY and im speechless to whats happening.
brutal day for FESI. hoping for a nice recovery..
retesting that 0.18 range? im puzzled by this action as well...
will put it on a watchlist. thank you again.
oh ok. thanks. I'll look into it.
i see. i do have a sell for .92 also. just wanting to see your view of things. thanks!
are we still looking for that .95 - 1.00 range? thank you sir.
Professor Chart, what do you make out of this FESI action here?
FESI ask abused again.. she is going to go soon.
yeah.. I've been watching NITE over the last few days and he's been killing every small rally like crazy..
Good Morning WU! Its so nice to wake up to this awesome FESI news..
thank you Professor. I'm sure we will all be watching the developments here at WU.. You're absolutely right, the move off the pink sheets will be very big here..
Good morning professor Monk! The morning is starting out quite well thanks :). Looking at the FESI chart, I bet we take out that 0.31 and 0.34 resistance Monday morning and move up to 200 dma. Do you think it would be good time to sell on that rally to 200 dma and buy back on the dip or is this thing just gonna blow right past that ? :) Just doing some homework this morning while eating some smoked salmon.. :)
Good morning everyone! Chart, thanks for that PM on the 30th, I just noticed it last night :)
see ya Monk. enjoy your trip buddy!
he kept talking about huge things for this company and here it is!
:) he would say exactly that :)
glad I picked up another 10k over the last couple of days.. this news is very very exciting.
is this new? it came out at close.
Freedom Environmental Services, Inc. (FESI) Executes Letter of Intent to Purchase 30 Million Gallon Biofuel Producer with Full Production Revenues Estimated at $120 Million Annually
ORLANDO, Fla.--(BUSINESS WIRE)--
Freedom Environmental Services, Inc. (Pink Sheets:FESI) announced the execution of a letter of intent to purchase a leading biofuel producer having operations in Florida and Pennsylvania.
The acquisition target has a fuel production capacity of 30 million gallons per year and controls 1,200+ proprietary grease collection accounts, used as low cost feedstock for fuel production. Biofuel production revenues from both locations, at full production, will approach $120 million annually.
Michael S. Borish, Chairman and Chief Executive Officer of FESI, was quoted as saying: "Upon completing this transaction, at pricing substantially under replacement cost, FESI will enjoy significant cost advantages in fuel production costs as well as speed to market efficiencies. The target company has already gone through all the challenges facing a start up with new technology and is now producing high quality fuel for the diesel market. Additionally, through the ramp up process the company has grown its grease collection platform to 1200+ accounts, providing a dependable, low cost feedstock supply for fuel production. The grease collection company is currently profitable as an independent operation. FESI had previously announced its intention to acquire this producer, and the execution of this letter of intent is a major step forward to completing the proposed transaction."
FESI is developing a pricing advantage over other waste collection companies that do not have as profitable an outlet for their organic grease due to the unique ability to maintain a continuous in-house supply of feedstock. Typical pre-tax, pre-incentive profits approach $1 per gallon in the production of Biofuel. Pennsylvania has been a leader in incenting the production of alternative fuel sources and identifying assets in that state has been a priority for FESI.
Freedom Environmental Services, Inc. is an operating wastewater services company servicing commercial, institutional and municipal infrastructure customers and wastewater system protection programs. The Company is developing and managing high yield liquid waste to Biofuel and nutrients conversion programs driven by strategic acquisitions and its commercial customer base. Freedom Environmental Services, Inc.'s website is: www.freedomservicesflorida.com.
DISCLAIMER: This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Source: Freedom Environmental Services, Inc.
News Provided by Acquire Media Corporation
come on NITE..move it! FESI is tired of your little show here..
look at that wall at 0.30 in FESI.. :)