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Still no divy shares in my Scottrade. Can't wait for them to be out everywhere because I think that's when we get news!
Go MWIP
If people wouldn't be bid sitting this would move up quicker. Quit holding it back by trying to get in on the bid, you only sabotage your own investment. And with a spread like we have you can hit the ask or at least move your bid closer to he ask price closing the gap.
That's what I did when I bought at .042 the bid was .038 ask was .045. Once my order filling the ask moved to .05 and bid went to .045. Moral is quit bid sitting you ask are only holding back your own investment. This is clearly thin so get in and hang on.
Go MCLN
Totally agree, lay it all out there with no sugar coating. I email the company a few weeks ago and was told the controllers of the TX wells have been slow in providing number, I hope that is the only issue there.
Go BAYP
Thanks for compiling all that DD, I will dive into here in the next couple hours. Probably add more share before power hour is upon us.
Go MCLN
Yes that is how I understand it also, which is why I want the 6 - 12 month plan. That would allow time from all wells to be online! I really like the possibilities here but would like more details from the company before putting any more chips into the pot.
Go BAYP
Awesome, I picked up a starter position of 12k at .042. Once I finish my DD will add more if I like what I find. With such a low share structure this thing should fly!
Go MCLN
Thanks and I hope I am right. I have more money to invest (possible here) but I need a clear picture of where management plans to take this in the next 6 - 12 months. I want a comprehensive PR which lays out the business plan now that they have revenues coming in thus should have cash to purchase interest in additional wells (both from revenue and sale of shares over the past few months). I want to hear projected revenue numbers once all current well are online, how many additional wells do they plan to purchase interest in and at what point either in months or once revenue reach what level will they plan to reduce the share structure. Obviously that leads to a big question of R/S, share buy back plan or a combination of both.
If the next PR doesn't contain those answers I will email investor relations. And like before will let you all know the response. I think this company has turned the corner but because of previous failures they need to be more forthcoming with information and deliver on their forward looking statements in order to built shareholder value.
Go BAYP
Thanks for the info chile2!
Crazy, this thing could fly in a hurry. Picking up a starter position, gonna smack the ask!
Outstanding shares in April a little over 23 million. Is that correct and current? Thanks
In the last PR the company stated they plan to take steps to reduce the share structure. I sure hope a R/S isn't one of those steps in the near future. I would like to see increased revenues from more wells coming online then a share buy back plan. Obviously that's more of a 6 - 12 month outlook for a share buy back. They sold plenty of shares over the past few months so if that money is used wisely they could significantly increase revenues over the coming months.
Go BAYP
Still holding with you all and share in the frustration!! Based on the past 3 months we should be getting a PR in the next week with an update. Lets hope this PR gives up the info we have been waiting for. I am about to email investor relations again or call the number from their last response.
Go BAYP
You must remember almost every long holds a core position ( a set number of shares) they always hold then trade the ups and downs with other shares. That way they always have shares if it takes off but in the mean time they trade shares to make money which also reduces the risk of losing money on the core position if the business were to fail.
Long MWIP
Correct but they will have the feasibility data in the next few weeks!
Nicely done Capt, I put 420 up just now. A baby tap after your BOOM.
Go MWIP
Of course they did, news was out yesterday at 4:02 about the share offering. Today's PR provided additional details not covered in the after hours filing yesterday.
Thanks for the link, didn't realize they would replay it. I listened to the presentation and once again am excited for the coming weeks and months. There are just so many drivers that could push the PPS right back to or above the 52 week high. Been holding shares for awhile and plan to continue. If we are to get any dips I will be adding to my position!
Go AMBS
I was unable to listen live. Any clue if or when this presentation will be on the AMBS website? Thanks
Go AMBS
Agreed!! They can't make statements in PRs then not follow up with promised numbers in a timely manner or investors will not stay. However I do believe we could get a substantial PR at any time with additional numbers, interest in more wells and a share buy back plan.
When all that is reveled I believe the PPS will move up a few hundred percent.
Go BAYP
You are 100% correct. Not only are they terrible about keeping it away from children even when they know when and where they get it they do nothing about it. It's all political talking points.
I truly hope they allow adults to make adult decisions and focus on protecting children...but I have my doubts they have the desire or ability to protect children.
All in all it sounds like the Fed is aligned with the MWIP business model.
Neo I am ready to wave good bye to those .04's for good!! Some good sector news just might do the trick.
Go MWIP
How do you figures its only $70k worth of shares? Are they not getting over 66 million shares at today's PPS that's wroth almost $200k. Or am I missing something?
So they issued all these share with no restriction???
I believe everyone here hopes you're right!! I am not going to argue with your source, last time I challenged it I lost lol.
Go MWIP
Got my 420 order in. Maybe it will get power hour moving lol.
Go MWIP
Count me in for an afternoon buy. Nice buys on Friday my friend.
Go MWIP
Holding for TX well numbers.
Go BAYP
Lol now that is quite a situation. I think maybe you should send a few emails off to Mediswipe and Chill Drinks expressing your enjoyment of their drinks but disappointment of local stock running out. Just a thought because if the store is lazy and not pushing for quicker restock then maybe you could help resolve the issue.
Go MWIP
It doesn't matter if they are profitable. I trade one stock right not that's around .60 share that posts a net lose ever quarter. If BAYP can increase revenues, which will happen as additional wells come online, the PPS will increase.
Go BAYP
No problem, really wanted to do one int the morning but was tied up with work. If I get a chance I will put one up with you tomorrow.
Go MWIP
Put in a 420 order for you pushup!
Go MWIP
Not ignoring anything, speculation of JV coming out of the conference is what the promo was run on. Clearly I saw it coming since is sold 30% of my holdings at .084 last Friday.
The amount of dilution coming and the timing of it coming IMO make it almost irrelevant. It's not that many shares and if the validation results are good then those shares will be bought up so fast no one will even notice!! Thanks for your concern.
Long AMBS
Billy I disagree with Alapis on why yesterday happened. I think it had little to do with shorts. The PPS had nearly tripled over the previous several trading sessions. Many used speculation of a partnership coming out of the conference. Lets be completely honest it never happens that way. True AMBS could meet a future JV partner at the conference but it would take weeks or months to have a deal in place that could be announced.
The little up tick in the morning could have been some people had buy orders in place that were never cancelled or some bought share to prop up the PPS to start selling their share bought at much lower levels. There is truly no way of knowing for sure. Fact is the chart was screaming high with RSI almost to 90, most use 70 as signal to start selling unless substantial news is already out. Bottom line it's risky to buy or hold share when the chart is that high unless you are super long and don't care about the week to week or month to month PPS. GL
LONG AMBS
This financing does happen overnight probably been in the works for weeks/months. Has nothing to do with the validation study results IMO. Those result will likely be good and the share price will jump and these share issued for financing will be absorbed quickly into the open market above .10. ALL IMHO
I believe you are 100% correct! News will likely come this month but when, who knows. Many longs here also trade this stock on the speculation run ups!! They hold a core position and flip some other shares.
Long AMBS
Correct and I plan to be one of those getting some at .0004 before it runs.
Go BAYP
Correct, but I don't think they wait for the RSI to be that high. I sold 20% of my holding Friday when the RSI was nearing 80. This will be great in time but is nearly tripled over the past week so people take profits and it drops.
Go AMBS
I really can't believe on the record date we are going to close red with volume less than Friday! Seem folks don't care about the divy. Oh well, I am long so doesn't much matter where we close today at just not what I expected.
Go MWIP
We need an update on the TX wells to get the ball rolling again. BAYP needs to put some more meat on the bone for investors to chew on!!
Can we have both?? Fill gap then break out!!
Go MWIP