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sorry nemo...
Just realized what you were talking about
capt. nemo
I never emailed anything????
ENGY Result's from the MRQ...
http://finance.yahoo.com/q/is?s=engy.ob
With numbers like these its my opinion that ENGY just needs a PR or some effort in regards to IR. I am a shareholder so view my comments in that light and perform your own DD.
jmhollen you mentioned 'hiding' revenue...
How did you expect me to interpert 'hiding'???
Just curious...
Given jmhollens view on Colvico and that their results may have been even better than reported...
Anyone think that maybe that's why big jumps in volume invariably push the PPS up? I'm sure it would be nice to own alot of shares if the results coming out in the future are even better than the MRQ.
Of course if you want to buy shares when they're low you need others willing to sell them low. Maybe that's why we're not seeing any effort at promoting ENGY?
WoW...jmhollen...
So do you think their results may have been even better than reported? I thought you'd met this guy Colvin. It doesn't sound like you trust him???? Why were you so bullish on this stock if you didn't trust one of the principals???
jmhollen, there's no "momo" here...
At least not right now. I assume that for some momentum to build up we'll need to see a Press Release or some attempt at promotion. To be perfectly frank, with volumes being as low as they currently are I'd be very hesitant about investing in ENGY right now.
You should know that my MO is primarily technical with a contrarian view towards news and promotion. Hard to be contrarian about ENGY's performance in the MRQ though...if they got some IR going they really could have driven interest to this stock in my opinion.
FWIW, I think that could easily happen still.
You're not alone jmhollen...
I assume there are others put off by the fact that ENGY is no longer doing what they were doing when you 1st invested here. Personally imo the purpose behind ANY investment is to deliver $$$$ results. Whether that's in the bio waste sector or contracting....I don't care.
If Colvico is able to deliver shareholder value where other endeavors failed...well bravo is my sentiment.
jmhollen...
I guess I'll take that as a no then, you have nothing to substantiate your assertation with.
You're not Ripleys, so in your case I'll choose not.
jmhollen
"Perhaps you should go start a Colvico discussion board, since that is basically what you are investing in."
As Colvico is provding pretty much all of ENGY's revenue, a board about Colvico would be redundant. Colvico is a wholly owned subsiduary of ENGY...read the most recent filings, hence this is the perfect place to discuss the only end of the business that is driving results.
Not too bad in the MRQ, wouldn't you say? $155,000 to the plus side...I know of tons of OTC stocks with nothing but negative numbers trading at 4x and more what ENGY is currently at.
jmhollen another question:
You said:
"There is a long line of suppliers and consultants to and former employees of ENGY that would lien, sue or file/have filed financial complaints with the state/county/courts."
Do you have anything at all to substantiate that statement?
jmhollen...just curious
Why do you care so much about ENGY? There are a myriad of companies out there that I feel are poor investments, and while I might offer up a thought or two...well what's to concern me if I have nothing at stake?
It would seem you were bullish on ENGY when it was at a much higher PPS and are bearish now. Assuming you bought and sold in line with your sentiment, well its probable that you lost some $$$$.
Does it bother you that those buying in the last little while might possibly make some $$$$ here?
calitrader...
What stock are you talking about 'low price no interest'....I agree that is often the best time to be buying.
Subs in my email...
From my hotstockchat email:
KTSI $ 0.014 528,300 Has some attention in chat rooms now...
RNKE $ 0.006 44,842,345 Nice news today... see if the stock can follow through.
Re ENGY...the spread has finally narrowed
When ENGY was first mentioned here the spread was .0061 v. .0090 or thereabouts. Last I checked it was .0065 v .0070
I'll do it this weekend hollen...
It will be far less 'spammy' than it was when you were touting ENGY...rest assured.
hollen....
Given that it is now Colvin's signature at the bottom of ENGY's filings I highly doubt we'll see Colvico 'extracted' from ENGY. I think you put it correctly when you said:
"if there was a practical means of doing so"
As per the 8K filing of July 18th it seems there was a proposal put forth to rescind the sale agreement of Colvico to ENGY. That was from Bowers' letter of resignation dated early June. In other words over 6 months ago. Frankly as far as I'm concerned its a dead issue. If you know of a proposal to extract Colvico please share it. If you have nothing to share beyond idle speculation with nothing to substantiate your opinions I'd ask that you leave it aside.
I don't appreciate fuzzy speculation saying a stock is going to the moon, and that big news is on the way unless there's something concrete to back it up...the same applies when posters are bearish. That is the heart of pumping and bashing imo.
Look at the most recent results...for the MRQ ended September 30th 2003, ENGY is delivering + income with its wholly owned subsiduary Colvico driving most of the revenue. That isn't speculation...that is fact verifiable from the MRQ's filing.
jmhollen I'm confused...
Why did you expend so much effort at trying to discourage investment in ENGY....and then you re-post something like this???
bb_stock re JRSE...
It seems to me there was alot of pump, and even more dump.
You're welcome Marty (re JRSE)...
This is the disclaimer from an email I received on JRSE on November 11, 2003:
"Disclaimer:
--------------------------------------------------------------------------------
The purpose of this advertisement is to provide publicity for the advertised company, its products or services. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. StockTalk Central, and affiliates (STC), publishes reports providing information on selected companies that STC believes has investment potential. STC is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. The above report is the opinion of STC and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. STC accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in JRSE is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. An affiliate of STC has been hired by the company for the publication and circulation of this report, and received four million free trading shares of common stock of JRSE by a third party non-affiliate (Inv Mgmt) and STC and affiliates have no relationship to the third party. STC intends to sell all or a portion of the JRSE stock at or about the time of publication of this report. Subsequently STC may buy or sell shares of JRSE stock in the open market. Since an affiliate of STC has been compensated there is an inherent conflict of interest. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, see the SEC filings of JRSE including the company's most recent annual and quarterly reports."
2 subs in my hotstockchat email...
Well one actually. ECNI, the other is JRSE. I mention JRSE because it's close to being a sub and was the subject of a number of emails I received that in my opinion qualify as hype and spam.
If ENGY is still on your Radar...
The spread has narrowed somewhat, but not enough imo. .0061 vs .0085 with volume today around 300k.
I'm just waiting for volume to pick back up. I already have a position and am not looking to add at this point. Adding at .0085 would only be increasing my average cost anyway.
Many thanks enviro14
Maybe its much ado about nothing...but given Colvico's recent performance I'm very encouraged. They'll have to do something to attract broad based investor interest imo if ENGY is to trade significantly higher...but I like our chances.
what is a 'whois' search....
And how can I do it?
enviro...
Where did you get the web site info? Particularily interested in colvico.com as colvico is the subsid driving all the revenue.
.0061 maybe...
But look where the ask is...btw does Pos mean positive or the usual acronym piece of sugar?
Just Curious???
Does anyone have any thoughts on ENGY's wide spread? bid .0061 ask .009....that's almost 50 pts by my calcualtions.
Why Not Be Proud?
After the results from the MRQ...frankly I'm very happy!
You're Welcome Rivet...FWIW
I too invest primarily based on technical considerations. With that being said I also like to keep an eye on the fundamental picture as well. I got burned for a small loss in ECNC (I think that was the symbol) a couple years ago when I bought in based on what I thought was a very bullish chart.
What I didn't realize was that they were putting out PRs like there was no tomorrow. I consider TA to be less reliable when there's alot of hype and/or promotion going on. I consider it to be most telling when there is little or no efforts at promotion.
I've had some success with stocks like DTMG and IDNW bottom feeding (I post to RB as ledrog) using this method. At any rate, best of luck.
BTW I boardmarked your forum I'm not picky about where I get my calls from, so long as it isn't some IR firm.
Rivet Some Notes on ENGY:
In case you're wondering why ENGY is trading at such a depressed level I thought I'd offer up some thoughts.
-Their web site is currently unavilable and has been for several weeks.
-On July 18 past an 8K was released re the resignation of their CEO/CFO in early June
-They haven't put out a PR as far as I'm aware for over a year.
If you look at their results from the MRQ, in my opinion they're not too shabby to say the least. It is further my opinion and even the slightest effort at Investor Relations could cause the stock to increase significantly.
Caveat Emptor...I am a shareholder and as such my comments should be viewed in that light. In my opinion ENGY comports considerable risk and I consider it a distinct possibility that I may lose some or all of my investment. FWIW I consider that the price of admission when investing agressively
Finally Someone is Talking about ENGY!!!
Aside from me that is
Check out the numbers for the MRQ...imo the market hasn't woken up to ENGY yet because they're doing zero to promote themselves.
http://finance.yahoo.com/q/is?s=engy.ob
Do a search of "Colvico Inc" they're a wholly owned subsiduary and seem to be doing decent business...not smoke and mirrors like you see so often with OTC stocks.
Here's a primer...from:
http://www.wsdot.wa.gov/regions/Eastern/BidInformation.cfm
BID OPENING July 17, 2003
Spokane, WA
Item No 1 SR 904; HES SAFETY IMPROVEMENTS
CONTRACT: 6633
ADDENDA: 0
DEPARTMENT ESTMATE: $201,897.00
NUMBER OF BIDDERS: 3
Apparent low bidder: Colvico, Inc. $253,443.40
Apparent 2nd low: Aztech Electric, Inc. $281,514.99
Apparent 3rd low: Power City Electric, Inc. $341,807.13
It may not be as 'sexy'...
Contracting work may not have as much appeal as alternative energy generation technologies. But as far as I'm concerned there's nothing sexier than that which delivers revenues and profits.
In the MRQ ended Sept. 30, 2003 ENGY reported positive net income applicable to common shares of $155,000. That's quite a turn around from the previous 1/4 when that number was negative $728,000.
http://finance.yahoo.com/q/is?s=engy.ob
The 2 biggest things weighing down ENGY right now in my opinion are:
-No Investor Relations as near as I can tell
-Tom Bowers' resignation in June of 2003
In my opinion the total lack of IR is the reason ENGY is trading below a penny. OTCBB investors by and large need some sizzle before they'll plunk down some $$$$ as far as I'm concerned. That's not to say there aren't those willing to invest at these depressed levels, but thanks to the lack of promotion imo the shares are trading near their all time low.
Here's hoping we see see a new web site and some effort at attracting broad based investor interest.
Colvico Construction?
Came across this doing a google search of Colvico:
http://www.painefield.com/Happenings/2003-10.pdf
It seems 'Colvico Construction' of Spokane was the low bidder on work to be done on an 'Airfield Lighting Upgrade' project. According to this PDF file work was to commence the week of Oct. 6th
Can anyone confirm that Colvico Construction is part of the Colvico subsid of ENGY?
ENGY bid up to .0065
From .0061 Hopefully they'll start moving it, stochastics are moving up from oversold imo.
ENGY any Thoughts on the Spread???
.0061 vs .0090 I make that to be a 47.5% gap???
Nemo...RE ENGY...
That move you see off mid Oct's low happened without any news or fanfare. And as OBV shows, since that time when volume enters into the equation, on balance the impact on the PPS is positive.
With its activity during the past month and a 1/2 being without news...I'd love to see what it could do with a PR about one of Colvico Inc's Contracts or something. Colvico is a wholly owned subsid and are responsible for most if not all of their revenue.
ENGY Will It Bounce off a Higher Low?
http://stockcharts.com/def/servlet/SC.web?c=ENGY,uu[l,a]dallyyay[dc][pb50!b200][vc60][iUg!Lp14,3,3]&....
Stochastics looking nice and oversold...OBV looks strong imo. Still no news or promotion that I've seen. 10QSB about 2 weeks old but yahoo just updated their financials:
http://finance.yahoo.com/q/is?s=engy.ob
Any thoughts? I know I've seen much worse from companies that had much higher share prices...but then they usually were putting out some ink.
Fingaz Re ENGY...
Frankly I don't have the foggiest what's up with the MMs in ENGY. If they're looking to encourage trading activity they're going about it in the wrong way in my opinion.
The financials were just re-released on yahoo and the results for the MRQ don't look too bad at all from where I sit. The spread between the bid and ask is almost 50% by my calculations...and while I don't begrudge MMs making their 'juice' 50 pts is pushing it a bit far.
Anyway stochastics are showing very oversold imo and they still haven't put out any news. If anything comes out by way of a PR or anything else...well we'll see.
Most if not all of their revenue is generated by a wholly owned subsiduary company called Colvico. If you do some searching of "Colvico Inc" you can find some contract information on Washington sites...I've posted a couple to ENGY's I-Hub board.
ENGY .0065 v .009 last .0090
That's almost 40% between the bid and ask.
blackice re jrse (link)
http://ca.finance.yahoo.com/q?s=jrse.ob&d=c&k=c4
Look at all the news that has come out, then look at the chart over the past 3 months with particular note of the heavy volumes.
Despite all the seemingly bullish news the PPS has not found any support. Why??? It would seem to me that alot of shareholders were more than happy to sell into the demand created by those emails and the positive press.
November saw around 10 PRs...despite bullish news the PPS still fell from 4ish cents to about 2 currently.
I don't know that JRSE will ever maintain any upward movement, far too risky in my opinion.
Check out ENGY...no press. Also very risky, but nobody is promoting it trying to attract buyers...yet TA looks bullish imo, and their recent 10QSB wasn't too shabby either...but again no PRs.