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So you sold? Not bad of a return, a little over 200%.
You know it. Do you think it will retrace tomorrow after this run up?
74 is the lucky number 74 posts today and 74 followers. 0.74 that's the number this is going to aim for.
Someone wants to bail @3. Shame on you.
Lets get 2.5-2.7 million volume or possibly a 3 million.
How is everyone doing, especially Grolden?
Consolidating nicely. I am actually very impressed.
I don't know about 12 months, but 6 months sounds about right.
Big blocks are going to get slapped.
This ticker is done, the demise is there. Give it up and move on to something else on the big board. You will be holding this bag, when Rich the scam turns of the switch.
Selling 1 million shares for a measly $3000 won't support their lifestyle. Believe me, once a deal is done, it's going to be a beast. They want a home run too. They just need to do a deal, if the Rasan still bank rolling them, if not then this is screwed.
Only because of your due diligence, amazing find on your part. Thank you again.
Got my self 125,000 shares. Thanks for your DD.
It may very well be, I don't know that. If its dilution then it doesn't look good. Either way if its a dilution company should inform the shareholders on their website, like they did back in November. I personally think, retail investors are dumping because they don't want to wait anymore and took their loses and moved on. As for me I will hold and like I said, will add, if this drops below 3's like it did yesterday. I just plan on investing altogether $3000 and if I lose, then so be it.
I don't care if it does, I bought close to $1700, now I am down to $1300. But that's how it is with penny stocks and I chose to gamble with this. If it drops below 3's I will double down and hold. I don't know if you know about this ticker AREN, anyway, it went from 0.03-0.04 to over a dollar and they are in the same sector (oil and gas). I am not saying that it will payoff, but it's worth the gamble. There is a reason the insiders own more than 40%. The only that concerns me is that the upside might be short lived, given that they are not current on the OTC and if they come out with some significant news, they should release an 8k instantaneously to avoid a selloff.
Remember this folks. The closer oil gets to $20-25, the closer a purchase deal will be. From what I have gathered, when talking to Mr. Jalal, he said that they are waiting for oil to bottom out. He also mentioned a windmill in Argentina that they are looking at. They offered 24 million for the property in Texas, which the bank is not honoring, the bank wants 40 million for the property, with 19 wells and they are offering 24 million based on a $22 price of oil. They wholeheartedly believe that the Saudis have sufficient capital to feed their 30 million population and they believe that oil will go down to $20.00. I disagreed of-course. I can tell you this much, they are waiting to hit a home run too, just as much as any body that has a skin in the game. If there is no dilution and if the board and the directors hold vast majority of the shares in the OS then this is a no brainer, it will just take some time. He also said, if investors want to make a quick buck from here, they are better off going to Las Vegas.
because EGYH is small player.
It won't like that by end of the week. There will plenty shares available in the market place, it's going to make your head spin.
Not many want to sell doesn't mean shares are scarce. Come tomorrow or the next day, if no news, there won't be scarce shares anymore, most will dump and move on.
This conversation took place back in Oct/Nov last year. Somebody already copied and pasted my conversation from they Yahoo message board on this board already. If you look for it carefully, you will find it. I may also add, he also said he keeps telling other shareholders that "if want to become rich overnight, they are better off going to Las Vegas."
If oil hasn't bottomed yet, then this thing is still alive. If oil has stabilized and it's in the uptrend, they need to make a deal, at the latest within 2 months. If they don't make a deal within the next couple of months and oil doesn't drop to $20.00 at least this is what they think, then this is losing proposition. Either way, I am willing to round it off to a million shares, for a lack of better analogy, some pluck you money.
How do you know shares are scarce? Unless you are the market maker, you wouldn't know.
I don't have a skin in this yet, just watching from the sidelines. Waiting for news, if it ever happens.
I don't like penny stocks either. I stopped investing in penny stocks since 1996, with the exception of CDII last year. Made a cool $68,000 in a matter of 4 hours. And now EGYH and ASUV, they are lotto tickets, if they hit they will hit big time. I personally think ASUV will be a big winner, I wish I could say the same thing for EGYH. I have spoken EGYH people before on the phone, that's why I have invested in EGYH. They just need to make an acquisition.
Like I said on my earlier post, if this doesn't come with any news within the next couple of days, it will drop to sub-pennies. I have to admit though about today, it held up pretty nice.
I own 450,000 shares. Miracle is right, what we need here. I might consider adding if it drops below 3's though. I noticed you are on the ASUV board too. Which one do you like better?
Going to trips very soon. That's when I will load up again, if it goes to below 3's again, I will buy half a million shares. Already sitting tight with 450,000 shares.
So, in other words, this could take a year or so to reach dollar land, if it reaches their? I personally don't like penny stocks, but if I see a potential, will consider throwing a couple of thousand dollars and actually don't mind the wait. Liquidly, is what matters to me and so far since watching this on Thursday, I like the action. I just don't like the gap between the ask and the bid, maybe it's because it's closely held. I do appreciate your honest feedback. I like their technology and I think it has the potential going forward fundamentaly.
How long did it take for those stocks to move like a beast.
I believe that genuinely. It's all about timing, but if this drops to sub-penny, game over. If the news is remotely close to be true, then I think the price action will be flat until some news breaks. I don't think the insiders are dumping, just some impatient retail investors are moving on.
I am inclined to believe, if no news within the next couple of days, this will drop to sub-pennies. However, watching the price action today, so far looks like there is some kind of accumulation going on. If it flats out into close, then it has the chance to move upwards, provided that there is some news. I was thinking this may drop significantly between today and the next couple of days, but it looks like it might flat out into close. I am still watching from the sidelines.
I figured that. Thanks.
They are dumping.
You never know what's going to happen. Maybe down or maybe up, don't assume what you don't know. One post you say it's going to .20 and another post you say it's going to .10 this week. In all fairness you don't even know what's going to happen, if you had a crystal ball, you wouldn't be wasting time posting here. No one knows what this is going to do, it got a bad wrap back in 2012, as Grolden confirmed my concern. It all depends on the reverse merger, without any news in regards to the reverse merger, there is no upside with this thing. But if the reverse merger happens then count on .20, hell even .40 is a possibility.
Now we are on the same page. It's a little confusing to me though, Klean is based in Canada and Harmonic is based in England. I just don't understand their affiliation if any for that matter, other than the fact you pointed out that CEO/Directors of each company are one way or another affiliated with each other. It will be interesting to watch what will transpire from their entities.
Grolden, if everything you say does become a reality. Just my 2 cents here, I think they want to take this to the big board eventually and I think that's their primary goal. We don't know what is taking place behind closed doors. But, if everything that you disclosed on previous messages about the merger and it comes to fruitation, then the possibility of this going to the big board is not too far fetched.
It's certainly possible in this scenario if it comes through. However, a reverse merger in this situation, if it happens, will take the share price much higher than where it is now. If this deal goes through, they have other big plans for the merger, something that retail investors are not in the loop. If it happens, there are much bigger plans. I just don't know if this is just a temporary play or short or long term. If their technology is proven to help the environment and there is some solid peer review articles about their technology, which I haven't found any yet and if they actually exist as an entity, then I see a major upside, who knows where this would go with that technology. Remember, apparently they are the first to implement this technology.
I have been doing some research as well, while I believe Grolden DD, I am muted on the potential of this thing only because many investors got duped, back in 2012 with this. The picture where apparently their manufacturing base is not where Regent Street is, I know that for sure because I use to live in England. Regent Street is very high end shopping area of London. However, that could be an office location, I don't know, since it address is on the 3rd floor of Regent street. Their youtube video is not compelling enough, if you look at it carefully, you'll see what I mean, it just doesn't prove that the manufacturing base is actually theirs, it could be anyone's except Harmonic Energy. I do like the story, maybe it is just barely coming to fruitation after so many years. Either way, I will watch this on Monday and maybe throw in a couple of thousand, just some pluck you money. I have to admit Grolden has spent a-lot of time doing DD on this and I hope he does get a good return on this, he deserves credit for his DD.
It is quiet possible.
Back in 2012 this was over a dollar. Go figure.
I was just busting your balls dude. You said and showed enough. Hopefully it will drop come Monday, so I can get in. However, I did some research on this company, back in 2012 there was a piece by Seeking Alpha talked all negative about ASUV and their management.