I cannot PM anyone as I do not pay for ihub....
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Awesome. Guess I'll just sit back and hope it goes up. Lol. Thanks for the insight.
My scottrade shows that I still have the same number of shares?
Appreciate your responses. Thank you.
Do we know what caused the massive decrease in share price since June?
Do we know what caused the recent increase in share price?
New to the board and have a question...why the complete and utter silence in September? Two PRs in June, July, and August. I am not in favor of just getting fluff PRs for the fun of putting out a PR, but that strikes me as odd. Any insights?
Allow me to offer my opinion on the PR:
In short, it was another string-along, fluff PR. Now, allow me to explain:
1) "As of June 1, 2013, the Company has successfully completed the restructuring"
- Ok, so this was done three weeks ago and wasn't worthy of putting into a PR then...so why is it now? The answer is, it's not worth putting into a PR if no new information follows it. So, what info followed it?
2) "...expected to reduce annual operating expenses by $600,000 to $800,000."
- More info we already knew
3) "...we have been able to focus our resources on sales and manufacturing."
- This is random, generic info and later in the PR it says that sales are slowing so we know the focus on sales is just a focus without anything significant to show for it - "has created a minor slowing in sales"
4) "We added two sales veterans to our team during the second quarter."
- Unfortunately, this probably means that two or more of the original commission-only salespeople have quit and been replaced. This statement does not have to mean that we now have 9. And, even if it did...that means nothing considering sales are slowing.
5) "...sales have continued to grow during the quarter"
- This means absolutely nothing without prior Q2 numbers.
6) "...we are on our way to recovery."
- Again, this means nothing. I do believe CERP is on its way to recovery but it is no-where near. As soon as CERP began selling a noteworthy amount of product (Q1 2013) and approved dilution, they were on the way to recovery. They were beaten down so badly and had next to no sales and they had/have a lot of really bad debt. Dilute to pay debt and sales revs to keep the lights on (operating expenses) until they can get the debt under control.
7) "...our revenues in the first half of 2013 will substantially exceed that of the same period in the prior year"
- This truly means nothing. "Substantially" can mean anything. We know that Q1 2013 saw more revs than all of 2012, so logic would dictate that of course Q1 2013 and Q2 2013 would be substantially more than Q1 and Q2 of 2012. Q1 2013 was by itself so of course Q2 isn't going to make the revs go down...
8) "We anticipate that the growth during the remainder of the year will be substantially higher than the first six months"
- They can anticipate all they want. Anticipation ultimately equates to nothing concrete. They anticipated Q2 would be huge and we have been given NOTHING to verify that apart from being told a "tsunami" is coming...which again, means nothing.
9) "... the sanctions becoming fully effective in the fall of 2013."
- This last point is the one I cannot speak to confidently because I can't say it for certain, but I feel that the ban becoming fully effective won't much matter. We aren't selling plastic bags to the individual stores. Again...I can't argue this point because I don't know much about it. I only gave my thoughts on it.
Everything else above is my thoughts, but...they are thoughts with supports.
Again, I own stock in this company. I wouldn't consider myself "long" but, I am holding for a solid profit which I believe will come. But, I don't think that CERP is anywhere near recovery. Honestly, the best (and I feel realistic) thing to happen would be for a buyout. A big company could acquire CERP, payoff/settle the bad debt immediately begin making money since it looks like the worst is behind the company (unfortunately this does not mean the shareholders).
I'd like to predict that tomorrow's news will be about the symposium. I hope I'm wrong, but...that is my prediction.
Save this link as a bookmark. Free L2 for CERP:
http://www.otcmarkets.com/stock/CERP/quote
I can't say for sure, but I'd like to think that Valter got my email this morning and is listening to me. :) This has traded very differently since about 8-9am pacific time. :)
I am by no means bashing the stock. I own CERP stock. But, Q2 revs will most certainly not be 10mil. He said Italy will be $50mil per year. Not this year. Not next year. That being said, Italy is where the large percentage of our revs are coming from (I forget the number from the Q1 filing). So, it is safe to assume that Q2 will not bring $10mil revs. I am expecting $1.5-3mil which I am very happy with. VERY happy with. Again, not bashing...but $10mil in Q2 is just not going to happen unless massive contracts pop up that Freddy isn't privy to or even expecting at this point.
Good find to all involved.
I nominate this for post of the day.
Don't look now but the ask is .028. 18 minutes to open so it doesn't mean anything. Just saying.
Your response to Dr P could not have been more foolish. Look at the chart....look what happens to DI+ and DI- when the PPS heads north. DI- goes down and DI+ goes up. You point out the lowest points and then neglect to notice the next days when the DI+ is going up (along with stock price) and DI- is going down. You are one step behind in what you are looking at.
I agree. I would almost prefer to have that momentum tomorrow, but it is so close, I'd like to break it today.
Yes. Not much less, but yes.
If we break the PAR SAR at .041, that will help us get through .048.
It won't stay there.
As I was typing this...the bid and ask up-ticked. :)
Bold statement considering the patent PR came out this morning.
Closed green. Granted it was paint. But, it closed green.
Hope so. :-p
As everyone knows this stock is being manipulated to the nth degree. It is what it is.
One thing I would like to point out is that the 50 day SMA and the lower bollinger band are almost the same. This should prove to be a nice area of support.
If the potential of this stock isn't reason enough not to sell at these levels, then the above info should be. You don't want to be the person who sells at the lowest price. Been there, done that, and I'd like to think I've learned from it.
Volume is key. Unfortunately I haven't seen much volume here recently, and what I have seen isn't positive volume. Hopefully we will have a technical bounce today/Monday followed by a PR on Tuesday. That is what I am hoping for.
Although I could care less about the MMs and the shorts...I am ok with them not releasing the PR today. Insert great news to make a run go even further. I like that plan much better. This is already gapping up 35 minute before the market opens. Right now it is slated to start .04/.041 but who knows if it will stay there. Seems like a generous entry price knowing they got an approved patent yesterday and a PR hasn't announced it yet.
I know you aren't Vegas, but wasn't he the one to find it? I may be mistaken. Either way, whoever brought it to light is my hero. :)
Good find Vegas.
My dear friend...what do you think about CERP? You going to be on the board tomorrow? I hope so.
I'd love to get your opinion on the close of today's trading and thoughts on tomorrow...and for the rest of the week for that matter.
Well that moved quicker than I thought it would...lol.
Up. .037-.038 is my vote.
Yes it has, and that is honestly the only thing that matters.
In the words of my good friend Patrick Henry, "give me volume, or give me death."
I think it was something like that.
I can do without a weekly PR. I just want a PR that means something. I'd like to see this not dip back down during lunch, but it will with little volume. Because of the last hour an a half of trading, I am actually looking forward to power hour today. To me, power hour will speak volumes.
I am a firm believer that T/A precedes news. Assuming we don't get dragged down from whence we came, I would expect one within the next day or two. I am not predicting a PR because my long lost uncle is in the know and said one is coming...I am just saying. T/A precedes news. That is all.
Hang in there. I said this exact thing would happen. There were a couple larger sellers dumping their shares today than I expected, but it was trading above .04 most of the day and dropped down to +-.038. Not a big deal. Tomorrow will be green with more volume. Hang in there.
Today will be another day of consolidation. I am expecting a dip to .04 (possibly even .038) but this is perfectly fine and normal. It is going to help us break through .048. My guess is that won't be today, but it will be soon.
That is bold. I am predicting .044.
Way more volume, and I believe it has just started. It will be way over 20mil volume today. It's not even been an hour and we are almost at 8mil already, and volume is key.
Look for consolidation throughout the better part of the day in anticipation of breaking the resistance at .048. IMO.
First of all, there will be no gap.
Secondly, although you think you do, you don't actually want a gap.
Well, it has been 11 hours since someone has posted, so I am going to get the ball roling with my positive outlook on what is going on:
I couldnt be happier that we have had no news since 7/6/10 (I think that is the date). That PR was about them working on the financials. They made it clear that is what they are working on. So, I am glad we haven't had a PR since then. To me, that means they are working on them. I'll be honest, I was a little worried that it would be another "we are going to do this..." situations, but, I don't feel that way. I am ok with the silence. That tells me that they are in fact working on getting them done and they have nothing/can't report anything until they are done.
I wrote to them and go no response.