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Largest position in ACGX on this board? What are some of the positions investors have in this stock?
I only have 30,000
Right on, there is no awareness, at an EPS of .12 for the year this thing should be in the $1.00 area.
ACGX - .12 EPS / .03 share price.
ACGX just reported net income for the quarter of .024 per share. They are estimating .12 EPS for the full year.
At 8X EPS this should be a $1.00 stock.
Have to dig deeper but it sure looks cheap at .03 right now.
Here is their earnings PR: http://ih.advfn.com/p.php?pid=nmona&article=53848210&symbol=ACGX
Long ACGX
ACGX just reported net income for the quarter of .024 per share. They are estimating .12 EPS for the full year.
Have to dig deeper but it sure looks cheap at .03 right now.
Here is their earnings PR: http://ih.advfn.com/p.php?pid=nmona&article=53848210&symbol=ACGX
Long ACGX
Just added 19,500 @ .03
Hey Parabolic, I thought you were long gone after your saying:
"if the stock dropped below .025 range id start to be worried.."
in post #14852
Merry Christmas. Best to you in 2012!
Merry Christmas Vant and all here. Been a good year and I respect everyone here and appreciate your posts.
Well it took you a while but good to see you come around.
They will be at the Money Show in Chicago next week, I will be attending so if any new news I will post.
Trading again, if you have any faith in the company it may be a good place to add in the $1.35 area.
Lol, as if they have a buffet of options to choose from.
Yea , ugly. Either there is dilution going on or maybe (not sure but guessing) Gerbino is lowering his stake.
So much volume the last few days from the norm.
And when gold was raging higher SUGO was tanking hard, go figure.
I am not sure, I did pick some more up today but I wonder if Gerbino might be dumping some of his shares. Only thing I can think of with this volume here.
Large volume today on the downside, have not seen this kind of volume in quite some time.
Funny how the 504's or the MM's or even the shorts are to blame for the cratering PPS, the actual fundamentals are never mentioned.
Lol
.005, maybe back there by end of week.
Looks like sub pennies may be back soon as the momo traders are exiting.
Large insider buys 8-15 & 8-16 totalling over 1,200,000 shares.
Yes they are, I will be seeing them at the Chicago Money show in October and hope to report anything I can find out.
Maybe another month and the halt will be lifted.
No real news lately, .09's available now.
Bid of .0043 says it all.
Waiting on permitting.
Clearly they are not anticipating further gains, their 40% discount may have evaporated already. What was the convert offer price?
Evidently the holders of the converts have less faith going forward than those on this board based upon the PPS action.
Your incorrect that the financing is in place, there is no certainty it happens.
If/when it happens maybe there will be a pop.
Got it, that makes sense. The enviro issues IMO will be much tougher than most are expecting here.
It seems the market is saying loud and clear the financing is not happening, who knows for certain.
According to the financing PR the fees to get the financing would be taken right from the principal balance so there should be no need to raise cash for that, correct?
Seems some are getting out BEFORE Bad News. Looking at Sell vs Buy ratio.
There is your EOD painter!! 1k shares for a green print.
You clearly have a misunderstanding of what the $12 mil, maybe after fees is for.
According to your posts it seems you are expecting mining to begin, this is not even close if they get any financing.
All it is for is more exploration and nothing else, and permitting? Long way to go before that can be discussed.
Appears your speaking for yourself as a long.
lol, nice ;)
Lol, those Damn MM's playing games again!! Yea thats it x-ray
Just saying that the market is making an undeniable statement with the PPS.
As jmhgolf said yesterday, the market knows in many cases, in this case it is saying there is doubt with the financing.