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He probably, foolishly shorted here. We need those types around. Like throwing gas on a fire.......
Tht is what the recent dip looked lke to me. Shorts, trying to short it here. Hehehehehehe
They should be buying here cause there is a hell of a lot more covering that needs to take place over weeks, not days, but weeks..
It will take ST at least that long.
It is crucial for all longs to hold,hold, hold.
Hold, hold,hold.
Don't let these gyrations juke you out of your shares because they are going to shake the tree. Don't expect it to go straight up.
I beg to differ. I figured, I would take a closer into the company and its new management.
As of October, we have a new CEO, new CFO, and new COO.
I believe there is more to this story than just short squeeze. We could see this company going to the AMEX or OTC in the near future.
They all have worked for AMEX companies in the past. Mr. Daniels has been involved in IPOs and is a certified Valuation Analyst.
http://finance.yahoo.com/news/GeoBio-Energy-Inc-Announces-pz-1139603027.html?x=0&.v=1
John L. Sams, 59, will lead the company as President and Chief Executive Officer. Mr. Sams has 30 years experience in oil, natural gas and power industries. His extensive energy background covers the full range of upstream to downstream operations, and he has lead large project construction, engineering services, manufacturing, capital equipment, and service companies. He has held positions as President/CEO/Director of Environmental Elements Corp., an oil/gas related AMEX listed company; Alfa Laval Celleco, a Swedish company; President/COO/Director of LPP Combustion, GTS Energy; and Raven Biofuels International. He has a B.S. in Civil Engineering from the University of Missouri-Rolla and a MBA from Georgia State University.
Douglas A. Daniel, 59, has joined GeoBio as the Senior Vice President of Corporate Development and Finance. Mr. Daniel's 25 years of experience in public accounting includes audit services, mergers and acquisitions, consulting and execution, and full-scale management consulting for the chemical, construction and manufacturing sectors. As the Managing Partner of a regional public accounting practice, he negotiated and orchestrated numerous domestic and international mergers and acquisitions in different industries. In addition, Mr. Daniel was Managing Partner of his own private investment fund and has bought and sold more than fifteen companies in the past five years. He has served as director, strategic advisor and on the Audit Committee to numerous companies in various stages of development, from start-up to IPO. Mr. Daniel is a licensed CPA, a Certified Valuation Analyst, and has a BBA in Accounting/Finance from Georgia State University.
Joseph J. Titus, 49, will serve as GeoBio's Chief Operating Officer. Mr. Titus has 25 years experience in oil, natural gas, power and chemical sectors. His oil and gas experience ranges from exploration to production, and includes work with construction, maintenance, technology, equipment and systems companies. Mr. Titus held senior leadership positions with Environmental Elements Corp., an AMEX listed company; LPP Combustion, a clean energy company; GTS Energy, a process heating company; multiple specialty chemical companies; and Raven Biofuels International, a public biofuels company. He has a B.S. in Chemical Engineering and Paper Science from the University of Wisconsin-Stevens Point and a MBA from Loyola College of Maryland.
Hold your shares tight today folks. Even the Pre-Split folks can make some money on this one.
We go up another 500% today, we are looking @ $2.00
It won't take 2 million shares to get their either cause the OS is pretty much locked up in the buyers hands from the past two days!
HOLD! HOLD! HOLD!
MOST IMPORTANTLY, SELL AT THE ASK! SELL AT THE ASK!
They stoled your shares today folks. Literally, right out from underneath you. Something is up besides the short squeeze, IMO.
There was a lot of accumulation going on today. I don't believe we even seen the beginning of the short squeeze. Some have covered, but most are betting the stock tanks at some point.
I still see $dollars$...... Not just $1 or $2. Remember, once that floats gets eaten up which could happen tomorrow, then we are really off to to the races!
My last post for the day! All have great evening!
More importantly, remember to hold those shares tight!
I am! Didn't sell one and looking for $20.00 :)
If anyone needs to sell, sell at the ask. There are buyers out there and there will continue to be buyers over the next week or two. The company gives uan any kind of news, we go even higher.
So, be patient getting out of your position.
Oh, I didn't think he was out of context. If I sounded I was, I apologize.
Why now? The stock will be trading well north of $1.00 in the next few days.
If you take the time and read the news, this company is going places. There has been whole a lot of changes happening at this company, including quite a few name changes on the board of directors.
That is one of the reasons they did the split. They wanted a share price near $1.00. With only 2.3 million shares, they would have been adble to take th stock price even higher. I believe that may have been their intentions until this fiasco.
Those shares short will all depend on what the broker eventually decides what to do.
One thing is for certain. There is a massive short position and it needs to be addressed ASAP or I could see the company tkaing legal action.
Let us factor in the brokerage firms that actually allowed some folks to short this stock Pre-Split and then after Split. The ones that did it pre-split, I am sure they already covered or are covering at still a huge profit.
It is the folks that shorted it yesterday. I assure you some of those folks were very possibly a lot of Naked shorts. Now they are even more naked because there are no shares to cover.
I truly believe we are in the infant stage of this run. Many folks will be getting margin calls. Many will most likely get wiped out.
It will take far more than 3 days before the dust settles.
The company doesn't have any shares to sell at this time. The resistance we are seeing now are the fools who bought low yesterday and getting out of their positions. They are completely niave and have never been in stock that had a short squeeze.
One better, the more I read about GBOE, the more I am liking what I am seeing.
The stock itself is extremely undervalued based on the current share structure. I see this one well north of $1.00 on its own.
I too have been playing BLOAQ. However, I believe the commons will get a piece of the pie. Why? BLOAQ has a serious image problem with Wall Street. They have a lot of fences to mend and they will get buried in shareholder lawsuits if they get the funding I anticipate them getting. As crazy as it sounds we have NFLX on our side. Trading at the multiples it is trading only increases BLOAQ's chance of getting the necessary funding and addressing the unsecureds along with the commons.
I believe it will be in the form of an R/S, but we will still be included in the final puzzle. JMO
Good Luck!
WMDA, I am close to gathering some more DD that I believe is very positive. I hope to know something in the next 24 to 48 hours. It could possibly send us to penny land in no time. No hype, just DD and I will let you decide.
There is less than 3 million OS folks.
I have witnessed these short squeezes first hand. You will have these lulls through out the day, then, you will see the stock take another leg up.
We could still see this trading above $1.00 before the day is out.
Be patient here because you will see them attempt to shake the tree a few times.
I have been sitting on it for over a year now. I don't have crystal ball in front of me. I believe we should see some kind of filings in the 1st quarter of next year. That will give us a better idea of exactly what is going to be played out.
These shell plays can take some time. The key is to be patient with them.
There is no stock left to buy boys and girls. We are going higher. Hold, hold, hold those shares tight! Small buys are taking the ask. We will be above .30 soon....
All just my opinion.
One thing I believe based on the info that is in front of us, the I believe the stock is still way under valued. That is just my opinion.
Please seek the advice of a professional financial advisor.
Get ready for the next leg up. We have traded less than 2 million shares. Many more folks will come into cover before the day is done.
$1.00 is not out of the question for today folks.
I am selling @ $20.00, yes $20.00. There is no shares to cover, none, zero, zilch. There will be margin calls and not all of thses folks are going to be able to cover their margin calls in the next three days.
This could run well north of $1.00 today and settle in the $2-$5 range before it takes another leg up when the shorts realize no one is going to sell their shares!
Hold, Hold, Hold!
What about the actual brokerage firms that let some folks short this stock yesterday and the naked shorts from yesterday? I assure you there were a few of those who piled on.
WOW!
No matter if it gets squared away in some places, there are others who actually short in this puppy!
GGGGGGGGGGGGGGGAAAAAAAAAAAAWWWWWWWWDDDDDDDDDDDDD!!!!!!!
Imagine the millions of shorts in this thing Pre-Split. When they rolled the stock back, those shorts never invisioned this kind of roll back. I have never seen one this massive.
Who knows, the Brokerages could have done all this intentionally so their short buddies could cover. Now, that is a hell of a conspiracy. LOL
WMDA, moves on thin air. An OS of 42 million. It is any empty shell. Something is up with the stock. It popped up on my radar in November and interest continues in it.
As more and more folks accumulate postion, we could see it in the teens in no time. It is currently trading @ .0025.
I have been doing some DD on it and its ripe for someone to take over the shell. That could be why we have seen all the recent activity in it recently. Someon may have already acquired it?
WMDA, up over 100% today. Looking for more of the same over the next couple of weeks. There is only 42 million OS and it is an empty shell with some interest in it lately. I have yet find out what is going on with the shell itself, but there has been some interest in it over the past month.
Looking strong today! A strong close. Primed for another gap up tomorrow.
Ditto on the pennies. It moves nicely. I am still accumulating a good size position, so the pull back today is a good thing and I am sure others are wanting to do the same.
It will start to show up on more and more radars soon.
That, I don't have a clue. Even more compelling, slapping the bid.
I recall talking to an old PFOB shareholder. He was one of the original folks who put the PFOB deal together. When we first started kicking the tires on PFOB, he noticed it was trading and he told me straight up, "I dumped some on the bid just to see what kind of support we had". All fact dude. These old shareholders see a stock trade in their portfolio that has not traded actively in 3 years, usually don't care and just want out.
You would think they would use a little more common sense.
The current AS is 150 million. The current OS is 55 million.
Mr. Holigan will have to issue himself a minimum of 56 million. Those shares will be restricted.
Dilution always happens in a RM. More times than not that stock is restricted, unless there was a Reg D done. However, when there is a Reg D is done, it is done at much higher levels.
We have had this action on numerous occasions. I suspect it is someone from the old regime just wanting out. It could be someon who picked some up last week @ .001 that wants out. There was about 500k traded down there last week. A whopping $500.00
Be patient folks. I am just beginning to make some calls and see what I can find out. Everything up to this point tells me the same thing PFOB told me a year ago. It is a shell and someone can own it.
If my DD is correct, the only thing in its way is the $1.2 million lawsuit that is now three years old. As of now, that creditor has nothing. Zero. Maybe, someone offer him something he will take it. Worse case scenario, he takes over the shell himself in exchange for the debt. We have seen that play out before.
I read the mention of Warren Buffet kicking the tires here. Can someone direct me to those quotes or links. Thank you.
That could account for that one day it traded nearly 9 million.
Are you saying you believe there is an RM going to happen or you know there is an RM that is about to happen?
Stock traded by appointment only up until that big run. Now, it seems like it is doing it on a daily basis since that day.
Something up?
Didn't get enough shares myself when it was down there below .002.
No, NOL that I could find. There was very little debt to even speak of in the filings. The company which was bizarre sold its assets to a third party. It was similar to a BK, but without the stigma of a BK. I believe for the sole purpose to avoid the 1.2 million lawsuit. JMO
They were not public very long at all.
DD this gentleman, James Lavelle. He was the founder of Cotelligent which was a Nasdaq company at one time and he sold that company and now it is a private company.
There were some debentures in the deal, however, they were excercised @ .07 to Mr. Lavelle. Around It appears he attempted to keep the company afloat himself.
Few others who financed the company and from what I can gather, they too were issued shares at much higher levels. One for around 3.3 million shars.
Total OS is only 42 million.
I did get a hold of the TA, Computer Share and they are no long the TA and have no record of a new TA or info forwarded to a new TA. Their last count was 42 million.
I have some more positive DD coming. I am getting some confirmation on it.
Yes, sweeeeettt. I truly believe we may have another PFOB here CR. Too early to tell, but there is quite a few similarities.
Almost identical story here. Another scenario where someone could go after this shell or even the lone creditor left could take it over. Just like Mr. Holigan did on PFOB.
All of the assets exchanged hands to appease the other creditors.
The only outstanding debt that remains hanging out there is the 1.25 million suit. It dealt with a lease the company broke on some office space in New Jersey.
It is an empty shell ripe for the pickings for whomever wants to address the one remaining creditor. Worse case, the creditor, in turn could go after the shell. We have seen that happen, have we not?
The real attractive part, it is not tied up in Bankruptcy court.
I am no expert on the industry. Most cases discussing stem cell our out and out fraud. Did you recently wathc the sixty minutes special on stem research? If not, it is a must see episode. They had experts on the show telling us we are still in the very, very infant stage of this form of medicine I am not saying ASTM is fraud. If they are on to something this is big, I am all ears. They are the first company I have ran across that sounds legit when it comes to stem cell research. I am all in favor in what they are attempting to do. I am in, I bought some shares. I will add more once I do more research on the company and stem cell research.
Cheers
WMDA, an empty shell with only 42 million OS. I have been making some calls to find out the status on the shell. I notice my calling has stirred some interest in the shell. I made my first calls at the beginnin of Nov. 2010. On Nov. 10, 2010, there was a huge spike in the stock. I have made a half a dozen other inquiries. Since those inquiries, the stock continues to garner some interest. Coincidence?
Biotech is very cyclical and right now it is very bearish among other industries. Another reason to consider ASTM at this level.
Current market cap is less than $90 million. I read the article on the $500 million market cap. If that analogy carries any weight, then we are extremely under valued.
I have always been skeptical of stem cell research. We are still in the very early stages of it. Most of it just modern day medicine man spewing the cure all. We continue to see these positive clinical studies, ASTM could one of the first to disprove the skeptics. I am in, but not all in right now. I did get some shares the other day, but not a lot. It looks like I may be adding if this trend continues.
I got a few PMs over the past couple of days. I am a tight wad and was not able to respond to a few of you or get back to you today cause happy expired. Have a great weekend!
One thing is for certain. Really two things
Charts look great! A year ago, it was by appointment only. Liquidity is still on our side. That is tremendous asset to anyone, including shareholders. They start out slow and then the mo takes over.
Also, it is a done deal now. Now we see what comes next. RichieRich gave us thorough indication as to what we can expect to happen next. JMO.
Unfortunately, that is all in the legal beagles hands and we know how fast they move....LOL
Movin on up cowboy!
A good day after all. Closed in the green even after that morning haircut. Congrats to those who were able to get some on the bid today. Sweeeeet, Sweeet.
Greeen, what a beautiful color! I have not recalled seeing this in quite some time. I have 10 positions in my portfolio and 9 of them are green..... Yeah baby! It is beginning to look a lot like XMAS!!!!!! LOL
Going long on it. Got in yesterday and is looking strong. JMO
Will hold for a while. Don't plan on flipping it. The stock has a history of making some runs. Now, a few folks believe it is primed for a takeover. Very possible, considering there is only 28 million OS.
Back to WMDA.. Hopefully this is bottom and congrats to those who snagged some @ .001
Not I. Since we don't have an Admin here, you like Biotechs?
I believe money is beginning to roll into them. JMO
ASTM
You da man. As we tick up, into stronger hands they go.