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I just talked with Investor Relations. They can be reached at the following number 619 450 7912.
He said:
The BP tests WILL COME BACK POSITIVE
The test passed fish kill, EQMD and EPA
He also suggested other contracts are in the works.
He also emphasized that they do not want to release too much info until the "Big Announcement" (meaning contract) is ready to be released to the public.
Timing for the contract he said is dependant on BP. Testing can take from a few days to a week or so. We are about at a few days now according to IR.
Other contracts are in the works not related to BP as well.
The R/S rumors are just that, RUMORS. IR had no knowledge of ACT doing a R/S.
Hope this helps and if you dont belive my post please call the number above and ask to be directed to Investor Relations.
Thanks! and best of luck to all!!!
No I am long and have a nice chunk invested in it. I just speak the truth and when it goes down it is cause the MM's win over the weak hands that is why I get frustrated. HOWEVER the truth is call your broker and have them look at the corporate actions and it should show up there as it does on E-trades end. I am not slamming I am speaking the truth. Hey I hope we get news and this thing soars to .50 on monday or $10 with an R/S. But my guess is the MM's will screw the little guy with their greedy ways.
Best of luck
Have your broker look under corporate actions and the R/S should show up there. I think it will be a positive move especially with contract news coming out
There might be a PR coming out updating us on the status of the testing and the contract
OBAMA JUST SAID SPILL "MUST BE CLEANED UP"
IMAGINE IF GOV'T SIGNS CONTRACT WITH ACT FOR THEIR FLUIDS!!!! OBAMA PRINTS MONEY FOR NO REASON IMAGINE IF HE DID FOR SOMETHING USEFUL SUCH AS A CLEANUP!!! WOW THIS CONTRACT CAN GET VERY LARGE!!!!
This may be the next VRML!!!!! Contract work wonders!
Today's pattern reminds me of yesterday's
We should surge into the close. No one wants to be out of this over the weekend as BP is in desperate need of any help it can get. Contract will probably be announced 6:00 am on Monday. Dont be caught with your pants down on this one!
HERE WE GO!!!!!
Think we found the low of the day with the shake over the past hour. I think we go up and well into the green today. Real profits come with the news from BP/ACT of course. I will wait a few days for that...no problem. This is a VERY REAL ISSUE PEOPLE..a CONTRACT WILL HAPPEN NEXT WEEK.
pr-usa.net/index.php?option=com_content&task=view&id=393373&Itemid=32
It would be nice to get an updated PR from ACT as to how the testing is going.
CNBC IS SAYING TO BE EXPOSED TO ANYTHING GULF RELATED!!!!!!
This is going to be huge people...see you at $1 plus!!!!
We should see at leaset .07 today. I say this based on the action we saw in the later half of the day yesterday, certainly strong and the mess in the Gulf is ever so growing for BP. They have a TON of cleanup to do that can last for a VERY long time. I am certain we will get a PR suggesting a contract early next week that will put us upward of .20 and a follow up PR soon after suggesting other positive news from ACT and or BP pushing us toward .50
Where are we headed today?
I JUST SPOKE WITH A SEAN AT ACT....He was not able to tell me anything about the details with BP other than ACT is still "highly acgtive in the testing phases with BP"
we are?
Up after lunch?
We may turn green after lunch. Only because this play is only half speculation in the sense that we MIGHT get a contract. True BP came to us but nothing signed yet. The other side of the coin is that the spill is real, not even close to be contained and getting worse by the day. So add it all up it looks good for a contract.
Did someone just mention Clean Tech on CNBC?????
And where are you pulling a contract value of 300MM from??????
GUESS WE JUST HAVE TO SIT, HOLD THE BAG AND HOPE/WAIT FOR NEWS???
What happened to the double today? And the buying on the anticipation of more news????
TODAY'S PREDICTIONS???
LOOK OUT BELOOOOOOOOOOOOOOOOOOW!!!!
BID AND ASK ARE DROPPING
I shorted at 56...see you at 3 later today
Didnt hold 5...down we go
HERE COMES THE DUMP!!!!
TOLD YOU A WALK DOWN WOULD HAPPEN
MM's are now walking it down
Yes I agree alot of selling is needed and the MM's will outpace out buys without a doubt. Yes they have worked with BP in the past but lets not forget there is no contract YET. I believe it will be coming and the smart money will drop this, double up on their share count and await the contract news.
You will see I am right as the day progresses.
No I am long and adding more but I know how the MM's work and will get in on the cheap...yes even cheaper than the current levels. Just take advantage of it and buy more!
Time is important here.
The way I see it time is of importance here. I believe the MM's will drag this down for the next day or two as they await the official contract news between ACT and BP. Loading up at this level is key for us longs. BP's name has already been dragged through the mud with this spill as they still do not have a solution for capping the well. I think BP will rush a contract for cleanup with ACT to put some kind of positive twist on the mess down there. Let's face it BP has to show some good face at some point with all of this. So I would load up now and even more so in the next day or so as I really think the MM's will lower this to get in at a cheaper level. I think once contract news hits we will open at .15 and soar toward a dollar.
What we really need is CONTRACT NEWS. Expect the MM's to drag this down toward .01 as they load up for CONTRACT NEWS. I am not bashing just tellling you what is going to happen. I am long here and will be buying more as this dips awaiting CONTRACT news