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I've noticed that too, however some of those EOD buys are short positions being initiated. The last trade of the day certainly was. Finra shows 73,940 shares shorted on Wednesday, and the last trade was 29,940. The 940 shares is a dead giveaway
It better, because lately the song is going something like this:
"Oil goes down & GRNO is down, Oil goes up and GRNO is down
The market is up & GRNO is down, the market is down & GRNO is down
Sometimes we smile but usually we frown"
Not the catchiest tune...
LOL, yeah no doubt. Well, we had one up day out of the last 6. I guess that was our quota.
I love how as soon as the market closes the ask gets raised, as if anybody believes it'll stay up there tomorrow.
I'll be interested to see if those 24,000 shares at the EOD was a legitimate buy or a short. I checked yesterday and there were no shares shorted. Is it possible we could go two days in a row? (I know, I know how silly of me)
** BTW, I edited my previous message before I saw that you responded to it...figured there was no use crying over slop oil :D
Yeah correct is better than fast, but the question is does anyone know how long these reports usually take.
Oh and another question...shouldn't SUGO have filed something with the SEC with regards to the financing they did receive? Seems like that would be SOP (standard operating procedure)
Thanks in advance for any info.
How long does an NI-43101 take?
It's been almost two months since SUGO announced they had the financing in place? Anybody have any idea how long we're supposed to wait while SUGO bounces between .04 and .05?
Exactly. I just posted the same thing without even reading your post. The way the Jan 3rd press release was worded
HUGE upside :)
IMO production may have already started based on the wording of the Jan 3rd press release, but of course that's just speculation and decuctive reasoning. Sounds like they already have equipment in place but need something more efficient.
Mid .03s represent the handle. Once it breaks above .035 (actually a little lower but I'm building in a safety factor) the handle is broken and PCFG should really pop. Of course that's assuming it breaks up and not down, but I think it will. Gold is at near term support around 1320 and PCFG is entering production phase and should start generating earnings.
I agree. I can't believe anyone is foolish enough to sell here. Not only is gold at a near term support around 1320, but PCFG is about to start producing gold (if they haven't already) and earnings IMO. I don't believe they ordered the recent piece of equipment on a whim, I'm sure they have a need to speed up the process.
No doubt. I don't mind the wait either, I'm in this for the long haul. JEDM is one of the few stocks I'm hesitant to trade because of what I perceive to be the greater long term value. In a few months I doubt any of us will be able to buy this at the levels we're able to today.
I think you misunderstood me. I wasn't accusing you of anything, just asking a legit question and busting your balls a bit. No harm meant, I should have put in a smiley or something so you knew where I was coming from. My bad...
I didn't see any financials filed today.
Was this legit information, or a bit of smoke up our arse?
I think they call it painting the tape.
3 weeks max (unless there is an unanticipated delay). Realistically though, I expect it sooner. The press release was issued on Jan 3rd, but common sense tells us the equipment was ordered before the EOY 2010 for tax purposes. Also, the press release said they expected delivery "within 6 weeks" so we just started the fourth week and it could arrive anytime between now and mid Feb.
That wasn't true when I bought it, but that was about a month ago so maybe something changed. I recently tried buying GOIG and got the message you are referring to. Irritating...didn't get to place the call and I missed out on a nice run. At times I feel that AMTD has too many restrictions.
I suppose so, but having an IR contact is no substitute for having an in house PR dept IMO. Obviously GRNO isn't big enough to have an in house PR dept, but I do think it explains some of the missteps taken with regards to their communications.
Fair enough, and I don't disagree that GRNO will have to show more attention to detail going forward if they want to be awarded any sort of respect with regards to their stock price. That said, I don't find these errors you're talking about problematic necessarily, as they are more than likely due to a lack of a PR dept, so communication with the public is sometimes done with a less than ideal choice of words.
Obviously accounting is one of the highest priorities at a company or at least it needs to be. And it would seem that by GRNO engaging a PCAOB approved audit firm, and even talking to someone at Amersey that GRNO mgmt does take it seriously, even if their choice of words in some of their statements wasn't perfect. GRNO is far from the only company on the pinksheets that has a backlog of financial reporting waiting to be cleared up. Not all of them are moving in the direction of getting those issues resolved, GRNO is.
Nice. I haven't contacted them myself but have been meaning to. I can tell from their press releases that they are investor friendly. One of the many things I like about them.
What makes you think we'll see financials on Monday? Was there some announcement that I missed?
Go JEDM ! I've been sitting on my shares for a while now, nice to see some momo to the upside.
Welcome to the world of smallcaps where mgmt is still learning SEC regs (hence the reason GRNO would even be talking to someone like Sherri Thorp at Amersey).
What's important is that GRNO apears to be moving along on the path towards being a more responsible public company, and getting past issues resolved.
IMO, the issues you point to are not a cause of concern to an objective mind.
By definition, "up to date" means that 2009 is included in their statement, even if not specifically mentioned.
There is some truth to what you're saying but I think the lack of buying pressure is primarily responsible. Shorts can only flourish in an environment that is conducive to their strategy. IMO, short activity in a stock is more of a a symptom than a cause.
The problem that GRNO is having IMO is the overwhelming amount of overhead supply, lots of bagholders are using any strength to exit their positions. Once some more of that overhead supply is cleared out GRNO should have more room to run. But of course, this being such a low float stock I understand that the games you're talking about are real and do have an impact on the day to day trading.
FWIW, all gaps are filled as of today IMO, including the backfill so hopefully we will see a resumption of an uptrend tomorrow. I don't care that GRNO is not a high flyer right now, but I'd like to see it do more than just drag along the bottom. Seems to me the company has lots of potential and is undervalued at current prices based on their revenue growth.
Where do you get this short data from?
Whoever bought those 200,000 shares yesterday should have waited until today. GRNO needs a shot in the arm real bad. This stock sucks.
Disclaimer: Long but frustrated
It motivated quite a few others to slap the ask in the last few minutes of trading Wednesday, something that had been lacking up until that 200,000 buy.
I think it was made clear that the interview was initiated by GRNO:
""The radio interview is very informative, and explains in our own words where we come from, what we accomplished in 2010 and where the company is headed in 2011. I feel this audio interview is a good way to keep our current and future investors informed, and look forward to doing more segments in the future," stated President/CEO Peter Margiotta.
That's a risk I'm willing to take. Any trend reversal should be easy enough to spot so I'll start buying eagerly when I see it, news or no news. For now I'm content to sit safely on the sidelines watching & waiting. And to be clear if wouldn't be watching if I didn't think there was value here. So I'm not down on HLNT, like I said just waiting to make sure the bloodletting is over. Better to pay up a bit for a stock on the rise than buying on the decline IMO, unless your just flipping it.
I think it will eventually too, but there is nothing to suggest a sustainable move to the upside is in the cards in the near future. Maybe the next earnings report will spark some buying interest, but there doesn't seem to be any clarity as to when 4Q earnings should be expected.
Technically, HLNT is broken IMO. Closing above the 300 day MA would go a long way towards repairing it. The only glimmer of hope right now is that white hammer on Friday, but we'll see if there is any follow through on Tuesday. I'm still on the fence...interested in buying but waiting to make sure the bloodletting is over. Falling knives have a way of tearing a lot of people to pieces.
In the long run this kind of thing can be bullish. Painful now, but once the weak hands are flushed out HLNT should get some more stability to it, build a new base and start moving higher from there.
HLNT might go to $1 at some point, but it won't happen overnight. If you know how to read a chart, it's not too hard to find the best buy signals, and when it's smarter to bail. I'd rather wait for the bottom and grab all I can, but to each his own. Good luck.
Buying HLNT right now is like catching a falling knife. I'm waiting for this baby to get oversold before I even think about touching it. The chart is broken. In retrospect all the warning signs were there, that breakdown a few days ago from the .006s was a big warning sign, the ADX showed the selling pressure ramp up.
Thank god my GRNO broke out today, but the time that is ripe enough to be picked, HLNT should be a buy again.
Sweet!!!
I knew it was just a matter of time before this baby broke out. I got in a bit too early a few weeks ago, but I"m sure glad I waited it out. Like a bunch of dry kindling, all it took was a match :)
Nice to get the confirmation today of what I already suspected, that business is booming at GRNO!!
I think it'll hold today, but without a meaningful bounce before the close it'll be at risk tomorrow.
This is exhausting to watch. Lots of interest on the bid side according to level II, but apparently nobody wants to pay up a few thousandths of a penny. I don't see any reason for the this continued selling except a bottoming process, but trendlines that get tested too sometimes break. HLNT needs some breathing room above the 200 day MA.
That sucks. I got lucky sold 90% of mine in the teens. That form 4 that showed Baum selling really killed the nice rally we had going in December.
I'm still looking for a good reentry point...Looks like SNEY is still rolling over/consolidating.
I'm starting to think this selling has little or nothing to do with the lawsuit. I don't know if the new court docs were online last Friday while the market was open, but evidence that the new years "rally" wasn't a coiled spring was already there on Friday (look at the stochastics). I said a week or two ago that it looked like HLNT was going to take a very gradual approach to moving higher. Well, it's done everything it can to maintain technical integrity while moving north as slow as possible. IMO this is going to gain traction soon enough, and will probably accelerate somewhat in the back half of the month.