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FRE - 0.70 Pre Market
Nah, probably Olico.
FRE back to 0.63. Added a 3rd installment at 0.48ish while I was throwing my money around earlier.
added 0.55
In FRE 0.65. Yes, it is up 100% at the open. DOW up 240
Today is going to be a monster day in the majors
Premarkets are goin nuts
Well, the SEC short rules were changed today at 12PM. No more legal naked shorts by MMs. Could have had some impact on the sharp runup in the afternoon
Same here and missed my first target at 2.05. Doubt I would have sold at that level anyway. Now the market has turned red again, so we wait.
Need a quick runner to cheer us up
URRE - in at 1.85
URRE is coming down from a buy-out rumor that never materialized to all time lows. This is just a ST hold, looking for a quick 10-25% pop off the bottom.
LEH - halted, news pending. Last b/a 0.18 x 0.19
MOSH - Rawnoc has joined your MOSH board and is buying. As you, he has quite a few disciples and given his track record, he sure earned it. Got to admit I too keep an eye on his picks. Anyway, this should mean MOSH may see some buying pressure
GOVX is on my list for next week. 0.15 will make a good starter. If the phase II doesn't get going soon, 0.12-0.13 may be possible. Should be an easy double once a PR for the start of the trial is out
WWAT - took a dump today to 0.37 today for no apparent reason. Bought a few at 0.38
EXPH - interesting. I believe we both sold at about 0.0035. No matter it's back on my radar. Any dip into the 2's may catch my eye
NXCO - 500,675 buy at 0.0686 just flashed by
NXCO - Joined you at 0.062
tuesday. added at 0.85 and dumped everything when it hit a buck and teens in the afternoon
nothing interesting lately. staying mostly cash. you should have stayed on vacation longer.
In FRE $1.25
Been hiding under the bed all day. Is it safe yet?
Yes, Cornholio holds about $1.7 mill in debenture out of total of about $7 million. With a market cap of 149,801 as of Sep 2, that's a problem for Cornhell and the other debenture holders since they obviously can't convert
(from a post by downsideup)
What I see is that they dodged the debenture based dilution risks for yet another quarter, showed progress on eliminating debts, and, given tax treatment of the returns of capital, now show a reduced basis in the assets they hold on the books "at (reduced) cost"... when what I care about isn't the reduced basis in accounting cost, but the actual value of the asset and its current and future ability to generate cash and income.
And still, the entire analysis of the investment potential here, as the reporting and accounting for assets in the filings, is being based on discussing the (understated) asset value of the hotel, its income generation potential looking foward, and the (not understated) debt load that was taken on in order to support its development. It appears that the income from the hotel now is sufficient to service the debt... and then some... so that the long term value of an investment here (as always, barring mis-steps in other investments, etc.) is at least self-sustaining net of the debenture based dilution risks.
If nothing else, that suggests that a share bought now for $0.000-ish... will "eventually" be worth the (actual) hotel value per share WITHOUT the debt. That would perhaps take a long time, but... it would get you to $0.02 a share in asset value (28 times your money from here) or more in that time... without anything but the hotel to add value to the shares you hold. That makes it look to me like the hotel provides a reasonable underpinning, which makes taking on the risks inherent in the rest worthwhile, particularly given that it seems the "other assets" aren't being given any value at all right now, either in the filings or in the market. If they do manage to make something of PWTC or IMAI... or other holdings not currently being considered as having any value... that would be all be gravy.
and nexxxxxt may be - TRNP - A trip zero with only a 500 million O/S. It has just started running. The buzz is starting to get loud.
Interesting company. it provides death spiral financing and then kills off the client a takes over its assets. also owns thirty-five percent of the new Hilton Garden Inn at W. Palm Beach Airport, which provides a cash flow of 500K/year
But how gives a crap. It is in the beginning of the momo cycle, so I'm contemplating jumpin on for a ride at opening
EXPH - Bailed at 0.0035. The momo fizzled
0.0037
I'll be happy with anything in the 0.004s. But of course if more is offered
EXPH- Looking strong. Today's news was positive, but of course they left out the most important info to us: How many Reg 504 shares did they sell? But thanks for alerting us that there is an overhang out there. Don't see any organized selling just yet
the real resistance will be 0.004 - 0.005. The bid side 0.0034 is growing. and as i'm typing this 0.0035 is falling. We should reach 0.004 this PM, then we'll see
EXPH - 0.0029 X 0.0030 - Giddy up alright. now have lunch for tomorrow
GOVX - Forgot to reload in the 0.14s
Joined you for 400K
KSSH I've been watching. Sold WEGI on Friday and NSMG this morning. Waited a day too long on both. Aggressive (AUTO) seller on WEGI just won't let up, so it's gonna be a turd until he's done. May reenter NSMG
Yep, it's a bona fide Grey Market POS
I'm not planning on holding either over the 3 day weekend. you'll never know what Gustav will do during that time. I can just imagine the run for the exit Tuesday morning, if Gustav was to fizzle on Monday
Posted by: Thirsty Tiger Date: Tuesday, August 26, 2008 10:21:21 PM
In reply to: None Post # of 33629
WEGI in at 0.07
NSMG in at 0.025
As you can see I'm quite content with both as they are right now. Lately I've been good at keeping that greed nerve under control
WEGI on the other hand filed an S1 for 6.8 million shares a couple of weeks ago and was made effective by the SEC. So it may take the entire storm to get plow through that pile
One word: Gustav (and no active seller)
NSMG - 0.05 WWWWWEEEEEEEEEEEEEEEEEEEEEEEE
WEGI - 0.11 WTF
That is correct for grey market stocks the market makers can not "make a market". that is, they must have a firm order from a broker before executing the trade. Therefore there is no incentive for them to carry inventory. The backside is that there is no guarantee for "best" execution and any execution of retail orders is slow at best.
It took me half of yesterday to get filled at 0.025 and while I waited there were orders at 0.022 and 0.028 getting filled all around me
NSMG is a Grey Market stock. A "Grey Market" security is not listed on any stock exchange or quoted on the Pink Sheets or the OTCBB. Because market makers may only quote unsolicited bids and asks they cannot “make a market” in a grey sheet stock. The MMs can therefore not have any inventory of grey sheets, they only act as arbitrators.
So the quotations you see are the actual broker offerings.
On the positive side, Grey Sheets do not qualify for short sales, so the fear of short selling by the street is also eliminated. And there is no concern of a market maker short selling the Grey Sheet stock either since they cannot freely trade the stock but must have actual orders to execute.
WEGI - 0.11 WWWWEEEEEEEEEEEEEE
NSMG - 0.025 WTF
8 hurricanes models on one chart. This is easily the best in class
http://www.ibiseye.com/
In NSMG at 0.025
In WEGI at 0.07
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
WEGI in at 0.07
NSMG in at 0.025
These are hurricane plays. Gustav is likely to be a Cat 3/4 storm whenever it hits US.
http://investorshub.advfn.com/boards/board.aspx?board_id=5745
http://www.ibiseye.com/
Been scalping FRE and TMA for two days straight. Good money. TMA is over and done. FRE may still have some sizable ups and downs left
NVDA - NVidia's NVISION 08 show August 25-27, San Jose
http://www.nvision2008.com/
I would definitively hold through this event
ADNY - been buying under 0.07
ADNY - is trading on the OTC-BB. Adino Energy Corp is in the fuel distribution and terminal business, part of the downstream energy market. They offer a mix of conventional and biodiesel fuels, and are based in Houston, Texas. Customers include Adams Resources and Energy (Amex: AE), the Houston Transit Authority, and others. This company recently released Q1 numbers and show significant growth and an EPS of .01. The o/s for this company is only 76MM, and it's market cap only $4.5MM . They also just launched a new website which is very nice.
Just purchased terminal for $3.5 million through its subsidiary, Intercontinental Fuels LLC, which distributes and stores diesel and biodiesel fuels. In connection with the transaction, expected to close within 60 days, IFL has signed a non-binding term sheet for a $5 million senior secured debt facility.
An out-of-sequence trade (z) for 1.8 million @ 0.061 at closing today makes you wonder
WWAT - Bought @ 0.52 on this news. Just out
Nation's Most Visible Solar Array Dedicated at Denver International Airport
Nation's Most Visible Solar Array Dedicated at Denver International Airport
Denver Mayor John Hickenlooper Joins with Project Partners - MMA Renewable
Ventures, WorldWater & Solar Technologies and Sharp - to Celebrate Solar Electric
System Generating Clean Power at Fifth Busiest U.S. Airport
DENVER, Aug 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- Today, a two megawatt
(MW) solar energy system was dedicated at Denver International Airport (DIA). The
solar photovoltaic system, spanning seven and a half acres at the airport's
entrance, will generate over three million kilowatt hours (kWh) of clean
electricity annually, demonstrating Denver's commitment to environmental
sustainability by reducing carbon emissions into the atmosphere by more than 6.3
million pounds each year.
Celebrating the system's dedication was Denver Mayor John Hickenlooper, together
with the following executives and dignitaries: DIA Aviation Manager Kim Day; Dick
Kelly, chairman, president and CEO of Xcel Energy; MMA Renewable Ventures CEO
Matt Cheney; Frank Smith, CEO, WorldWater & Solar Technologies Corp.; and Ron
Kenedi, vice president of Sharp Solar Energy Solutions Group.
MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, LLC
"MuniMae" (Pink Sheets: MMAB.PK) which financed, owns and operates the two
megawatt system, joined with WorldWater (OTC Bulletin Board: WWAT.OB) and Denver
International Airport to develop an innovative public-private partnership,
leveraging tax credits and incentives to finance this landmark solar power
system. This partnership enabled the City of Denver and Denver International
Airport to deploy this solar array under a long-term contract or Power Purchase
Agreement (PPA). Designed and installed by WorldWater, using more than 9,200
Sharp solar panels, the new ground-mounted photovoltaic solar arrays employ a
single-axis tracking system that follows the sun during the day for greater
efficiency and energy production.
"This installation at Denver International Airport fits with our Greenprint
Denver action agenda for sustainability and our pledge to do all that we can to
reduce our carbon footprint," said Mayor John Hickenlooper. "We are proud to have
such a large and prominently placed solar power system at DIA. This installation
is both a symbol and a practical example of the City's commitment to renewable
energy."
Added Kim Day, aviation manager for Denver International Airport, "DIA has a
long-standing commitment to sustainable operations and environmental protection.
This project makes a visible environmental statement to the millions of
passengers that travel through our airport."
Frank Smith, CEO of WorldWater commented, "We are delighted that such a major
metropolitan airport as Denver International has embarked on a solar energy
system that is as impressive in scope as this two megawatt installation, which is
the equivalent in size to seven football fields. In addition, our expertise in
designing and installing commercial-scale solar systems enabled us to address the
complex power needs of a major transportation hub like Denver International."
"By securing power through a power purchase agreement rather than major capital
investment, DIA will benefit from a renewable energy system that is
cost-effective from its very first day of operation, and for years to come," said
Matt Cheney, CEO of MMA Renewable Ventures. "Our collaborative effort serves as
an example of how successful public-private partnerships can help municipal
facilities make the most of tax credits and other incentives available for solar
energy."
Ron Kenedi, vice president of Sharp Solar Energy Solutions Group, noted, "As a
leading global solar provider, Sharp is proud to be part of this tremendous
effort to help Denver achieve its ambitious sustainability goals. This solar PV
system will significantly reduce greenhouse gas emissions, electricity costs, and
grid constraints -- while helping to improve Denver's air quality and the
region's overall environment."
"This project is right in line with the clean energy future we envision at Xcel
Energy," said Dick Kelly, chairman, president and CEO of Xcel Energy. "We were
pleased to play a role in helping Denver and Colorado meet the ambitious goals
its leaders have set with the Renewable Energy Standard and Greenprint Denver."
The project is part of the Xcel Energy Solar*Rewards program and will receive a
rebate to offset the upfront construction costs. Xcel Energy will purchase the
renewable energy credits from the clean electricity produced in support of
Colorado's Renewable Energy Standard, which requires large utilities to generate
20 percent of their power from renewable energy sources by 2020.
One of three U.S. airports to be accepted into the Environmental Protection
Agency's National Performance Track Program, DIA's solar project illustrates how
sustainable development can work as an integral operating principle -- while the
airport maintains a successful, profitable business, breaking records for
passenger traffic and earning high customer satisfaction ratings. The array is
one of the largest solar installations at any public airport in the U.S.
Operated by the City and County of Denver, DIA is the fifth busiest international
airport in the United States, serving nearly 50 million passengers annually. With
the City of Denver, Xcel Energy has developed an educational display in DIA's
Jeppesen Terminal to explain the benefits of solar energy.
B-roll video of the Denver International Airport solar power system can be
downloaded from:
http://www.yousendit.com/transfer.php?action=batch_download&batch_id=Q01GWWV2c
Click for Detail