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Here's one from August 18, 2003
http://www.chelanpud.org/newsreleases/2003/081803jf.htm
"Contracted with Colvico Inc., of Spokane to provide a headquarters fire alarm system at a cost of $136,113."
I don't know if this is reflected in the MRQ or not. Any thoughts anyone?
Why No PRs about Colvico's Contracts?
I was doing a search...and I got more than a few hits about proposals and at least one contract. I'm going to do some more surfing this evening and I'll post what I find.
Does anyone have any thoughts on the matter? I've seen OTCBB companies file 8Ks over contracts valued at as little as 50 grand.
I tried emailing the company...
I got this in my inbox:
"Message from yahoo.com.
Unable to deliver message to the following address(es).
<info@enviro-energycorp.com>:
Well...I guess everyone is gonna be selling now, I mean who could possibly be buying?
Under the heading of: "...........Jus' so's ya know......."!!!
ENGY: http://www.investorshub.com/boards/read_msg.asp?message_id=1831582
"If ya wanna taste the fruit...sometimes ya gotta go out on a limb"
Why Sell ENGY???
I was going to ask, 'Why Buy ENGY'...but that's too difficult a question for me to answer. Instead I thought I'd ennumerate the reasons I think shareholders may have been deciding to sell. For the purposes of brevity I'll confine myself to the Oct. 16-Nov 26, 2003 time frame.
Price
The PPS had fallen to about .0050 (1/2 a penny) by Oct. 16/17 and I can certainly see shareholders deciding to get what they can for their shares, fearful that they might decline even further.
Fundamental Picture
John (jmhollen) recently provided an excellent snapshop of both the industry in general, and the company in particular, (post 169 on this thread). Given the fundamental picture being as bearish as it is...well I can certainly see why shareholders might decide to sell based on these fundamental realities.
Late Financials & MRQ results
On Nov. 14 nofication was filed that the quarterly filing would be late...and even after they came out, they were nothing to crow about in my opinion.
The Web Site
Previously it was simply horribly out of date in my opinion. Now its not available at all. I can certainly see that causing fear, uncertainty and doubt among current shareholders.
Tax Loss Selling
Nuff said.
From Oct. 20/03 to present I show around 60 million shares as having been reported traded. Where that volume came from...well given the above noted points I can see why shareholders may have been bailing.
What I can't answer is why there was sufficient buy side interest for the PPS to rise off its low of about 1/2 a cent to be currently trading around a full cent. If there had been some PRs, a webcast interview...some promotion of some kind to attract investors then it would be far easier to explain in my opinion.
I know John (jmhollen) has offered up that perhaps MMs had a few martinis over lunch, which in my opinion is an post more befitting Raging Bull than I-Hub. I don't think its 'manufactured' volume becuase...as I've said I think there's ample motivation for shareholders to have been selling.
But sellers do need buyers. Anyway, here's hoping that those who have been buying do well with their investment
otcbb.com as well...
ENGY .008/.010 last .010 volume 833,071
Well, the sky isn't falling
Volume is decent but not awe inspiring, given tomorrow's holiday perfectly understandable. Certainly easy to understand what's motivating those selling. More difficult to figure out why people are buying...but if there were no buyers I doubt we'd even be at .0080
Ah well, we can't all be buying and selling at the same time.
I'll post the promo email I receive...
I'd also suggest checking pinksheets.com smallcapcentre.com and otcbb.com...they're pretty good at picking up when a stock is being touted.
If anyone comes across anything on ENGY please post it. I wouldn't be nearly as optimistic as I am if movement like that of Oct. 20 had come in tandem with news or promotion.
TIA
Gord
Interesting Speculation John...
So you think all that may have happened on Oct 20 is that a couple of MMs had a few pops over lunch and decided to trade 19 million shares of ENGY, over 10x the preceding 20 day average...for kicks.
Given your view of the OTC I'm suprised you even invest in anything on this 'exchange'...at all.
Personally I tend to view the trading as just that...trading. Frankly I don't think MMs engage in the type of activity you describe. If you have some evidence to the contrary I'd welcome it...
If you check the stocks you referenced I think you'll notice a few PRs and some promotion...the usual source of increased activity.
Excellent Post John...
And I do mean that sincerely
I do have a question.
As to the trading of ENGY shares. Do you have any idea or opinion as to what may have caused the sudden jumps in volume on Oct. 20 and 21 2003, as well as more recently on November 14th when they filed that their financials would be late?
Appreciate any thoughts or opinions you'd care to share.
Gord
MartyMan...
Using up the 4th of my measly 18 posts allowed per day to say awesome job. Bookmarked, keep up the good work
Check out NCTI
Risky as all get out imo...but I think she's just starting to get her sea legs...We'll see.
Do a google search of "Artera Turbo" and if that's too overwhelming try Artera+Avaya
ENGY'S Web Site..1 Page Working For Me...
http://www.enviro-energycorp.com/photos.html
Every other page says unvailable or not authorized etc.
Do note that as per their most recent quarterly filing the bio-waste sector described on this page is currently suspended...to continue they'll need capital...if they fail to raise capital then:
"If the Company does not obtain additional financing, it would be unable to continue its development and marketing of the bio-waste sector."
From:
http://biz.yahoo.com/e/031120/engy.ob10qsb.html
No worries Marty...Drog's Sub Email List
If you can think of another title feel free. I'll post 'em as I get 'em and the recap most evenings.
From hotstockchat today (Tues Nov. 25) just one in the stocks of interest section:
IVOC .0044 Sub-penny running today.
In Monday's hotstockchat there was a write up on CWIR, its trading just over a penny.
And one in stocks of interest:
LBTT.PK .0098 Stock has more than doubled today.
I've been deleting all of the subway ones I've been getting but I'll check now to see if they're subs. I try to find 'em before they're on everyone's radar. If you've followed my posts on RB you'll notice I posted alot to IDNW and DTMG's boards. DTMG I think had a cup of coffee as a sub...and unfortunately its where I developed my somewhat acerbic posting style.
Buying before promotion or good news I tend to notice alot of bashing...that's what I like about I-Hub.
I appreciate your charting Marty...I consider TA to be more reliable when there's a lack of news or promotion.
I don't complain about promotion and prs...I'll just sell into 'em if and when they come on stocks I own (and when volumes are high)....
Off topic sorry nemo...
My appologies for denegrating to the slinging of mud, even in a somewhat off handed manner. I'll try to keep my posts to point and will try to avoid repetition. I'll also try to avoid repetition.
As I'm invested in only one sub currently I don't have much to contribute outside of that one equity. If others wish I will post the subs that are drawing attention from the numerous email letters to which I subscribe.
FWIW I subscribe to those emails merely to be aware when and if a stock I own is drawing attention. I prefer to buy them when they're under the radar so to speak...less competition when buying probably means a better price the way I see it. I'm not married to them and if they draw attention I'm hopeful...well I'm sure you get the point.
Peace
Ledrog
ENGY...
The added piece of DD I wanted to contribute was that I called the company to inquire as to the reason behind the web site being down, and when it might be back up.
The call rang in to a voice mail box that was full. As you say nemo...these are POS stocks...if they weren't they'd be off topic on this board. Why anyone would care about someone being bullish on any stock on this board is totally beyond me.
Ledrog
Got it...
So I'll ignore this boards description where it says:
"FORMAT: List current "picks" of OTCBB stocks (or Pinkies) trading from .0001 up to .02s *.
Looking for "breakouts" can be fun and VERY profitable!!! Feel free to post "DD" and links as well."
No problem, can someone amend the description so that others no not to post about XXXX.XX all other 'subs' being okay.
TIA
ledrog
Nemo one question...
Am I allowed to mention anything new that comes up? Or is anything about that stock now forbidden from the board? It is a sub after all.
And...if something comes out and I post it, is bashing permitted here? Just trying to get a feel for the ground rules...I actually called the company and wanted to post what transpired.
Okay...that was 2 questions
Thanks Nemo...
I'm sick of ENGY being bashed and being called 'dead issue'...especially by a guy who was pumping it when it was much higher.
ENGY spread really wide now... .0071 vs .010
You May Be Right About ENGY jmhollen...
Their entire web site is now unavailable. Strange considering your contention that they're dumping 'insider gimme shares'...assuming that's true you think they'd want the web site up and some PRs out.
Heck, I think I probably could have written a good one for their recent 1/4 filing. Who knows...maybe they're buying...if you're gonna buy low you need someone willing to sell low.
RB has an ENGY forum...
Filled with that type of activity john I-hub is much nicer due to moderators.
Nope...
Only in 2 OTC stocks at the moment. And if ENGY starts getting some exposure (by other than your's truly) I'll be out of that sub and looking around.
I figure stocks that aren't being hyped via emails PRs etc are more likely to be 'low'....and that's when I think you're supposed to buy. Then if the attention comes...
1 sub in my hotstockchat email ivoc (eom)
Point taken nemo...
I just don't understand (well maybe I do) all the consternation a post about a sub 2 cent stock causes. I notice that many here repeatedly post about the stocks I assume they own.
I'm more of a trader than an investor...and I don't look for stocks being touted or that are seemingly endeavoring to gain the favor of investors. Especially on the otc I consider that a potential recipe for buying high instead of low, particularily if one holds too long.
I prefer to look for stocks trading at or near their lows that I think may be experiencing accumulation. Its risky, but that's my choice. That's why I'll frequently post that I consider it a very real possibility that I may lose some or all of my investment.
1 minor note jmhollen...
I said March when referring to your creation of the ENGY forum, I should have said March of 2002, sorry for any confusion.
Why the attack jmhollen???
You 'talk' about your stocks, and don't go nearly as far as I do in terms of laying out the risk factors. I've often posted that I consider ENGY very high risk with the very real potential for loss.
I notice you never did that when you started ENGY's forum. I can understand if you're bearish on it, no worries. But don't go calling the kettle black if I'm as bullish on ENGY now as you were in March when you created ENGY's I-hub forum.
Are you laying out the risk factors in the stocks you're currently touting?
Moving Up in Germany?
http://ca.finance.yahoo.com/q?s=ENGY.BE&d=t
Volume says 'zero' but maybe they don't show volume? What are 1.2 euro pennies worth in USD?
Anyone watching?
Seems to be getting some exposure...finally.
Just One Sub in my hotstockchat email...
"LBTT.PK .0098 +.0054 Stock has more than doubled today."
I got it after the close.
Guten Tag....
I thought some might find the German chart of interest:
https://www.berlinerboerse.de/chart/h_berlinerboerse.html?ID_NOTATION=4125107&PERIOD=2&LANG=en
Any Thoughts about what's up with the Web Site?
http://www.enviro-energycorp.com/
I used to get a bland little message saying the site was currently unavailable, sorry for any inconvenience or words like that. Now this message comes up on a totally white screen:
"Forbidden
You don't have permission to access / on this server."
Just some simple updates? The site was pretty out of date if memory serves. Why the change from currently unavailable to 'Forbidden'? Any ideas?
jmhollen re ENGY...
I noticed that one of your posts about ENGY was deleted. I appologize if I somehow incited you into getting into dutch with the powers that be at I-Hub.
I did have a serious question if you'd care to answer. In a couple of your posts you intimated that the shares being sold were insider..."gimme shares" and that they were meeting the demand.
Just curious if there are any filings that you are aware of that relate to insider selling? Also, given your knowledge of the company...I thought you might offer an opinion as to why you think insiders might be selling when the news is either bad or non existent. Fair enough if you think sellers are selling into momentum...but why no PR if it indeed is the company or its insiders dumping? An analyst opinion of some kind...anything? I operate under the assumption that sellers probably want the best possible price...why not try to create better conditions for selling thus probably resulting in a better price?
Please note I would like to thank you for udating the description of the ENGY forum. I thought it was too bullish myself given the current fundamental realities. I realize it was probably written back in March of 02 when you created the forum, and things probably seemed much better then.
Anyway if you care to offer opinion it would be appreciated as I gather you have an excellent fundamental grasp on the company it seems.
Regards
ledrog_krill
flammy....
I've been invested there awhile...and I've seen more than a few false starts. FWIW its my opinion that eventually one of these spikes will eventually turn into something.
They are an incubator, but imo the 2 big cards in their hand are Artera Turbo, an accelerator of any internet connection which has an agreement with Avaya. The other is smart cards about which I'm woefully uninformed. There's a wealth of information out there...good luck with your DD.
Keep an eye on NCTI...
Press out today...and just opinion, but I think they're going to attract some serious attention. I'm a shareholder so view my comments in that light...lots of risk imo.
Keep an eye on NCTI in the coming weeks...
Just opinion, but I think they're gonna start to attract some serious attention
I'm a shareholder so view my comments in that light...lots of risk imo
Yep Marty...still in ncti
I always considered it a question of when, not if. That stocks history was too much for me to resist...still risky though with zero gaurentees (sp?)...
OT martyMan...
MY IQ has been dumped some mornings too...a coffee helps lift it back up.
MartyMan or anyone else...any chance of an ENGY chart?
My read shows stochastics pointing more toward oversold at the start of the day...with what looks imo to be pretty decent support around 1 cent.
Any thoughts?