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I agree with everything you say, but that doesn't mean that one of these days we won't find someone (doesn't even have to be BP) filing a 13F to let us know that they want in. Word has it, Buffett likes to invest only in what he understands, not to many folks do not understand CV events. Plus, a little old filing would set off Fish's volcano (who the hell buys out of the money calls with two days to go-somebody's brother-in-law, that's who).
I am not saying Buffett would tell anyone, he's been in the game way to long to mess up now, I was just using him for an example.
AMRN is not a one trick pony, even if it is. Where there is money to be made, there are deep pocket folks that want to make it, we'll all be on the outside looking in, some happy, because they made a quick buck, others like you, not so much. I'd bet you're thinking that someday you'll be getting a dividend larger then some of the shares you bought. Time will tell.
Volume is down today for there is 15 feet of snow in the east and colder than a well diggers ass
Tom Waits
Correct, and JT may have as many suitors as JZ had! Back in the day, everyone thought that JZ was holding out for more money, no one could believe that BP wanted nothing to do with us, what makes anyone think differently after R-I, maybe-maybe not.
JT is in a hell of a lot better position to GIA than JZ was, plus I personally like GIA at this stage of the game. However, I was one of those bitching about JZ, I was also looking for a fast buck. The only thing a fast buck gets is a slow doe.
I wouldn't count out those 3:50 calls (nor buy because of them) look at the last three days, up thirty cents, yesterday looked like someone knew something, today's action may be a cooling off period, waiting for the so called public announcement, in the fullness of time, we'll all know.
However at the end of the day, it's all about trial data, those 3:50 calls, as well as Fish's charts (that I love) well that stuff is just fluff, it's all about the trail. IMO
Fish, this is either a great call, or you've been saving up to buy a bunch of AMRN to make yourself look good; no seriously, nice call and thanks for the charts. I'm still learning, yet find folks like you very enlighten, even if I don't always agree.
Fish, what do you make of the weak volume?
It stands to reason that if V is half the drug many here claim, then of course the placebo arm will have more drop outs, once you have a CV event, you're out of the study, or one could look at it as if you, dropped out.
I called AMRN's IR last summer to ask if the trail would be stopped for futility, the answer is NO, the trail would continue if V arm and placebo arm mirrored each other. We both agreed that that would be foolish, but the study wasn't set up to stop for futility.
When I called, I got an answer machine, left my name, number and short message. I believe my message mentioned that I've been a shareholder before ADCOM. He (I forget his name) return my call occurred within five minutes, we chatted for about five minutes. He also claimed that the company does not know of any events, only the DCM knows the results. Again, he was very hospitable.
BB, they have something to do with it, if the government is using Vascepa, the company is just not running the study. Do you know if the Government is buying Vascepa? I still think they could PR this.
If AMRN closes in the Green this will be super positive, it very well might, too.
First, the whole sector is down today, check out AMGN. I have no clue why one poor earnings sets things off; but at the same time, my GIS is up as is the whole food section. Second, you'd know this if this board didn't piss of the Flying Fishing Man, I kind of liked his comments, even if I believe AMRN is not a stock controlled by TA, but why was his charts were enough to upset anyone? He did teach me to look at the class of stocks when a sell off occur, as it happening today.
Whatever, we'll go to 3rd, I agreed with whomever was posting that someone is building a position in AMRN, I think you can see where they bought today, too. Lastly, AMRN is all about the RI, those on this board shouldn't get rattled about up days, nor down days. That's my two cents, I'll go back under my rock, bye.
There has to be a reason that Amarin introduced the smaller capsule of its branded drug Vascepa. The new size is a half-gram (0.5-gram) capsule. While the study may be blind, clearly sales aren't, as well as the feed back from their salesman. Kids depression, maybe.
Last two days we have seen a little extra volume, lets hope that we do break out of that dime resistance, I find it hard to believe that we haven't before, but with this volume, maybe someone knows something which we don't. Hope so!
I am new to "pinky" stocks, but I do not believe that Market Makers do anything other then match trades in the land of pink, I do not believe they buy shares outright and hold them in their own accounts like big board shares. my opinion only
I have watched NNLX drop four cents (or 40%) in a heartbeat. No MM would allow that.
All that said, most on this board know and love "Pinkies". I just like Hydrogen and found my way here. I'll also add, I love seeing Marathon increase their position, you have to believe they have BB on their fav-five.
Mr. Bsrnhizer, nice job at EBW Expo, is your passport handy?
http://www.hamburg-messe.de/H2Expo/h2_en/start_main.php
<I did request the company make Hartman's presentation available in video format on the website>
Parents, while you are at it, try to get it on Youtube, lots more hits there then on company's web site. If you get the video on Youtube, I'll add a comment with tbe company's link included, I wished I had added it to that last one, but I didn't want to keep adding stuff and look like a pumper.
But, pump more hydrogen under this baby and keep her going!
Ted, I sure wish I had your weakness of banking a profit!
You sure have promised an audited financial report and many here have believed you that it is coming, and while I bought my shares at twice what they are trading for today, it's still nice to see the PPS creep up.
Any, audited report should help in that regard. IMO
here is Nutmeg web site in case anyone was interested
http://www.tngroupllc.com/overview.html
Hum, Good luck and God Bless.
PS, my wife never had a cleaning fetish, damn it!
I have emailed the company and I have not heard a word from them, not a peep.
I can certainly understand you not wanting to go on record stating a value, but could you give a ball park estimate?
Also, since speculation is the name of this game, what's your take on why I haven't heard back from the company. Why wouldn't they release the dollar amount with that PR?
I'm one of those foolish shareholders that bought at .45 then again at .22. It's my opinion, that we are now trading for six cents because of this great communication between company and shareholders.
Another one of my questions was, how many shares are outstanding in Nanologix. Could you shed any light on that one?
These stories are interesting indeed, perhaps you are in a position to let us know how much money they were talking about with this release:
SHARON, PA--(MARKET WIRE)--Mar 27, 2007 -- NanoLogix, Inc. (Other OTC:NNLX.PK - News) announced today that the company has received its first royalty payment from Nutra Pharma (OTC BB:NPHC.OB - News) for the sale and distribution of Nutra Pharma diagnostic test kits, marketed by their wholly owned subsidiary Designer Diagnostics.
http://biz.yahoo.com/iw/070327/0231346.html
Good info, thanks.
So now I know why the form 144, but since he is a 5% or greater holder, why didn't he have to file a form 4 stating that he was a seller?
Two questions,
Parent, would you please scan and post, this 'notice' or 'meeting' it was before my time and I would like to see it (as I am sure others would).
Babaloo, Whomever you are, you do seem to know the company quite well, are you buying or selling, and why?
I'll sneek in a third question, if you happen to know the total amount of outstanding shares, what is that number. Thanks
I requested that information from the company and have yet to received jack shit. That was months ago.
Novak sure helped out the share price (for about an hour).
Are you saying that OPEC is a free market?
I'm saying remove OPEC power by taxing oil so that we are running the show rather then being pulled around by our whip, I have no idea where the price needs to be for the demand to stop, but why let OPEC find it. Tax the living shit out of oil and keep our money home.
Whomever that investor was, was dead ass right. Furthermore, I do not think it has a damn thing to do with coffee. But, with that said, you are very well written, and I don't think you should worry about being harsh, no one is making anyone read your lines of wit, or shit!
I agree with nearly everything you say, Welch was an interesting idea, but they concluded it wasn't commercial viability. IMO, Welch is a done deal.
But, Erie is also an interesting idea, and it is still being studied. Who knows what the findings will be.
As for what happens with NNLX now, (just ask Parent), I'm pretty critical of BB adn his bud Dana, but they are working or a wing and a prayer and are as frugal as a pair of old church Nuns! Lets give them a chance.
If you have funded over 800K, are you a director of this company, and if not, why not?
Also, you have my thanks for your support of this compnay, Good Lord, where would we be without out you?
Few will agree with me, but the US Congress should levee such an excise tax on oil that any H2 production would show economically sense.
However, our Congress is letting OPEC decide the price of oil, tax the shit out of it, make capitalism work and put OPEC out of business.
I agree with you, Rivard certainly doesn't have to "peddle stock' to buy milk and bread. Furthermore, he stuck around and helped Wilson get a running start. Hopefully, Rivard/Wilson have a good relationship going and Ricard will show a sign of good faith and make a large open market buy.
He wouldn't be the only ex-CEO to do exactly that. Time will tell.
Besides all that, I certainly don't fault the man for moving over to wind power, I wish him well; not only for himself, but for the whole damn world!
Rivard holds a lot of shares and perhaps he will now be unloading them.
I did buy more after I read about Marathon, but I sure don't feel very optimistic, but I can sleep night and it's time for bed, good night.
I can usually find something to say, but I'm hard press on knowing what the hell is going on with this "pinkie". Clearly, NNLX has a story to tell, maybe it will work, maybe not; but for the love of Jesus, we find out that Marathon Capital holds more then a million shares, and NNLX share price drops.
I'm at a lost for words, but just to let Parent know that I'm still quesioning her beloved BB, I have to believe Marathon has better information then I do.
you still in, I'm am and I got in at 21, 19 and again at 15.80, tired of being under water.
Nice find, thanks for posting. Best post in a long while. I loved reading Marathon's investment philosophy, "We concentrate on company fundamentals, avoid market timing and believe that in-depth research is the key to investment success."
NNLX may even make Marathon's next newsletter, wouldn't that be sweet, that would be like getting real information about NNLX, I must be dreaming. However, you can bet that either Kennedy, Burton, or Kruger have talked with BB, and even I like that. Parents must be going crazy with love!
Again, nice find and thanks a bunch for posting, I believe I will buy a little bit more on Monday.
50K even at .081 is still real money, do you more about what is going on then this poor bastard? I'm waiting for real information, many on this board think I'm crazy and just don't understand the "pinky" I don't, but I know what $4,000.00 is! What's your thinking?
In my opinion, NNLX should have released a lot more information in their PR, the amount of the royalty payment would have been nice, next one due, would have been nice, other interested companies they are talking with, and that just be a start.
However, don't fret, we have a CPA working on this, or so we're told.
July 19, 2005
Fuel Cell Sector Too Crowded
Source: The Globe and Mail
Mississauga — Canada's biggest fuel cell companies will find it difficult to achieve profitability so long as the sector remains crowded with small players, says Pierre Rivard, chief executive officer of Mississauga-based Hydrogenics Corp.
"We believe there is a need for consolidation because right now revenues are not sufficient to sustain that many companies in the fuel cell sector," Mr. Rivard, who runs Canada's second-largest fuel cell company, said in an interview.
Mr. Rivard said he would even consider the possibility of merging with industry leader Ballard Power Systems Inc. Such an alliance would have the potential to create cost synergies for both industry leaders, especially at a time when they are under increasing pressure from shareholders to show profitability.
"Their [Ballard] recent strategic shift to a stack-centred model fits very nicely with our fuel cell engine. By all means, we are open to such collaborations," Mr. Rivard said.
Ballard Power announced last month that it will receive $30-million (U.S.) in funding from a Japanese company to be spent on the development of fuel cell stack and system technology that will be installed directly at consumers' homes and generate electricity and hot water.
Canada's fuel cell industry has been expanding quickly for the past 10 years on the back of government assistance and investors' enthusiasm for a new technology, which some thought could be as lucrative as investing in Microsoft. There were high hopes that emission-free hydrogen fuel cells could replace gas-guzzling cars and even start producing power in homes, but this technology is still in the early stages. And industry leaders such as Ballard Power and Hydrogenics are struggling to bring down the cost of fuel cell systems.
The number of companies involved in the sector, however, has doubled from 1999 to 2004, with 23 public and 38 private fuel cell developers in Canada, according to a survey by PricewaterhouseCoopers LLP Canada last year.
Analysts say there are signs that the sector is ripe for consolidation.
Hydrogenics achieved No. 2 status when it acquired Ontario rival, Stuart Energy Systems Corp., for $155-million (Canadian). The acquisition has expanded Hydrogenics' product line and market access to Europe and Asia. Ballard Power last month told shareholders it was selling German subsidiary, Ballard Power Systems AG, to DaimlerChrysler and Ford because of the high cost of operations.
Jon Hykawy, director of technology research at Fraser Mackenzie Ltd., says only a few companies will be able to find profitable niches, while the rest will just burn capital.
"I don't see at this time much fundamental value that supports the current market caps of fuel cell companies," Mr. Hykawy said.
The share price of Ballard Power, for instance, has fallen to under $6.20 (U.S.), a fraction of its heyday price of $180 on the Nasdaq Stock Market. The company posted a $175-million loss in 2004, much steeper than previous year's $125-million. Similarly, Hydrogenics shares are trading below $4 on the Nasdaq, almost 38 per cent lower than in March. The company lost $33.5-million in 2004, compared with a loss of $22.1-million in the previous year.
But Mr. Rivard says the future of hydrogen fuel cell technology is still promising despite criticism that the technology has been slow to develop and achieve economies of scale.
"This perception is wrong," he says. "This is very wrong because we do have a market that exists today."
He is optimistic fuel cell technology will go commercial much earlier than anticipated because of two markets: One for backup power used in computer and data server rooms, and the other for in-house utility vehicles such as forklifts.
Hydrogenics recently won its biggest commercial order, selling to American Power Conversion Corp., which will use Hydrogenics' fuel cell batteries in its backup power products. Similarly, the company's hydrogen-powered forklifts have had a successful two-month trial at General Motors' car plant No. 1 in Oshawa. In the second leg of trials, hydrogen-powered forklifts will be put to use at FedEx facilities before commercial production begins.
"In the past 18 months, we demonstrated that we have solved the issue of durability for the specific market we are aiming for. And we have solved the performance issue," Mr. Rivard said.
With the strong balance sheet and $160-million in cash, Mr. Rivard said, the company is ready to play the role of an industry consolidator. "We get bombarded almost weekly by opportunities for consolidation. We are sifting our way through to see which one will make more sense for us initially."
July 19, 2005
Fuel Cell Sector Too Crowded
Source: The Globe and Mail
Mississauga — Canada's biggest fuel cell companies will find it difficult to achieve profitability so long as the sector remains crowded with small players, says Pierre Rivard, chief executive officer of Mississauga-based Hydrogenics Corp.
"We believe there is a need for consolidation because right now revenues are not sufficient to sustain that many companies in the fuel cell sector," Mr. Rivard, who runs Canada's second-largest fuel cell company, said in an interview.
Mr. Rivard said he would even consider the possibility of merging with industry leader Ballard Power Systems Inc. Such an alliance would have the potential to create cost synergies for both industry leaders, especially at a time when they are under increasing pressure from shareholders to show profitability.
"Their [Ballard] recent strategic shift to a stack-centred model fits very nicely with our fuel cell engine. By all means, we are open to such collaborations," Mr. Rivard said.
Ballard Power announced last month that it will receive $30-million (U.S.) in funding from a Japanese company to be spent on the development of fuel cell stack and system technology that will be installed directly at consumers' homes and generate electricity and hot water.
Canada's fuel cell industry has been expanding quickly for the past 10 years on the back of government assistance and investors' enthusiasm for a new technology, which some thought could be as lucrative as investing in Microsoft. There were high hopes that emission-free hydrogen fuel cells could replace gas-guzzling cars and even start producing power in homes, but this technology is still in the early stages. And industry leaders such as Ballard Power and Hydrogenics are struggling to bring down the cost of fuel cell systems.
The number of companies involved in the sector, however, has doubled from 1999 to 2004, with 23 public and 38 private fuel cell developers in Canada, according to a survey by PricewaterhouseCoopers LLP Canada last year.
Analysts say there are signs that the sector is ripe for consolidation.
Hydrogenics achieved No. 2 status when it acquired Ontario rival, Stuart Energy Systems Corp., for $155-million (Canadian). The acquisition has expanded Hydrogenics' product line and market access to Europe and Asia. Ballard Power last month told shareholders it was selling German subsidiary, Ballard Power Systems AG, to DaimlerChrysler and Ford because of the high cost of operations.
Jon Hykawy, director of technology research at Fraser Mackenzie Ltd., says only a few companies will be able to find profitable niches, while the rest will just burn capital.
"I don't see at this time much fundamental value that supports the current market caps of fuel cell companies," Mr. Hykawy said.
The share price of Ballard Power, for instance, has fallen to under $6.20 (U.S.), a fraction of its heyday price of $180 on the Nasdaq Stock Market. The company posted a $175-million loss in 2004, much steeper than previous year's $125-million. Similarly, Hydrogenics shares are trading below $4 on the Nasdaq, almost 38 per cent lower than in March. The company lost $33.5-million in 2004, compared with a loss of $22.1-million in the previous year.
But Mr. Rivard says the future of hydrogen fuel cell technology is still promising despite criticism that the technology has been slow to develop and achieve economies of scale.
"This perception is wrong," he says. "This is very wrong because we do have a market that exists today."
He is optimistic fuel cell technology will go commercial much earlier than anticipated because of two markets: One for backup power used in computer and data server rooms, and the other for in-house utility vehicles such as forklifts.
Hydrogenics recently won its biggest commercial order, selling to American Power Conversion Corp., which will use Hydrogenics' fuel cell batteries in its backup power products. Similarly, the company's hydrogen-powered forklifts have had a successful two-month trial at General Motors' car plant No. 1 in Oshawa. In the second leg of trials, hydrogen-powered forklifts will be put to use at FedEx facilities before commercial production begins.
"In the past 18 months, we demonstrated that we have solved the issue of durability for the specific market we are aiming for. And we have solved the performance issue," Mr. Rivard said.
With the strong balance sheet and $160-million in cash, Mr. Rivard said, the company is ready to play the role of an industry consolidator. "We get bombarded almost weekly by opportunities for consolidation. We are sifting our way through to see which one will make more sense for us initially."