Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i am not a lawyer but what does all this mean?
www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32068
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32068
We will break 7 shortly after lunch in the next run...
By end of day we should see a volume of around 35MM and a share price of around .075. Let the weak hands sell out, more for me even at the mid 5 level.
Going up into lunch hour...thats bucking the market trend...very strong in my opnion. We should see .075 today. .09 tomorrow or Wed and .10 by end of week, all of this on no news. With positive news that the fluids work in testing we will hit .15 and with contract, .50. Additional contracts afterwards push us to $1.00. Remember slow but steady climb is whast we want
THEY CANT HOLD THIS DOWN!!! It is just way to strong with blockbuster news right around the corner!!!!
Intra-day base formed...now we go up. .075 close
Remember they will pull it down in the morning like the last few days and then it will surge up
aaaaand what did it say?
Thats exactly how I think it will pan out. But much more importantly if you are smart and you hold we will be getting additional PR's in the near future suggesting additional contracts and additional orders and so on...That is where the real money is and when the PPS will hold higher levels. On top of that the current CEO has been known for taking company's and increasing the share price from pennies to dollars. This will be even bigger than that as the Gulf spill is real and a huge problem creating HUGE demand for the cleaning products. This is basic demand, teh first thing you learn in economics. See you way over a dollar in a short time...
True, I was just saying let the momentum run on itself as that will create a more solid PPS first, then run the PR's
Honestly I hope we don't get a PR today, would rather one later in the week so that the current momentum without the PR sends us closer to a dime, then with a PR suggesting the fluids work push us up from a higher point, that being around a dime.
That may be what is happening with the "news" that is expected. Hmmm say $1.80 per share?
No this is how it is going to play out....
steady rise until the next PR that will probably come mid week suggesting that the fluids are working in the test case to remove the oil form all of the areas BP is planning on using the product.
When that news hits we will move upward to 20 cents.
When the contract comes out, probably in two weeks or less that is when we will see a surge upwards of 50 cents or more.
Multiple contracts/orders will be requested from BP as that will cause the PPS to rise throughout the next few months upwards to $1
Without a doubt...10 cents tomorrow
Right, like I said in a previous post, first a PR stating the fluids work as planned, that will probably come sometime later this week. Now that I think about it I think we will trade higher as we wate for that first PR stating the fluids work. I cant see why we dont get to .10 prior to the first PR. Contract news I would think within two weeks as this spill is the hot button in the news today. It would be nice to get .50 and above on that PR. Also this CEO has been known for taking companies from pennies to over a dollar, so why not expect that out of ACT and under his management ESPECIALLY given what is going on and the demand in the gulf. This cleanup is going to take a long time and probably multiple contracts.
Right, I think we may get a PR stating that the fluids work in the test scenario they are currently working on. That may send us up to .10 and probably higher in my opinion. I would think when contract news is announced that we get a spike. My real question is given a contract where is this PPS headed in the next two weeks or 30 days?
and what about in the next two weeks or so? being this spill is going to take forever to clean up...
So what are your thoughts for the PPS @ close tomorrow? Honest and realistic projections only please
either way
PPS thoughts for next week???? Real answers please...
People listen up
ACT is not about to do anything stupid to jeapordize the PPS OR even more so the credability of itself. ACT has had very large contracts in the recent past such as with BP. They will not do anytihng of the sort to dilute the company share structure. With BP requesting testing, talks that the testing is complete and successful and a PR about to be released pertaining to a contract ACT has all the ingredients to do very well here and prosper with its shareholders. If a R/S is in the works and yes it sounds like it is in the works the timing could not be better as the PPS price will rise out of pinky land and attract large institutional buyers. Remember this is just a restructuring of shares not bad news, dont listen to the bashers that want your shares on the cheap. I expect the R/S and then contract news or better yet in additon to the contract a PR stating there is a buyout on the table now that the shareprice is out of pinky land.
Best of luck!
etrade (1-800-387-2331)
ABOUT THE REVERSE SPLIT
I called Etrade personally. At first the account rep was not able to find any details about an R/S. However she then looked at the corporate actions and said there was a filing on the 11th for a 30 reverse split however it has not posted to any accounts as of yet. So according to Etrade there was a filing on the 11th.
I would tend to think ACT is trying to attract larger investors (institutions) OR perhaps a buyout from BP or someone of large scale is in the works as this spill will likely take years to clean up.
No one really knows but a few posted on here today that made some calls to the company and suggested the process of the testing was very positive and that the company was going to release some good info in the next couple of days. I think we are all in for a very positive week and many weeks to come. Even with an R/S if we open at 1.80 on Monday, perhaps a PPS increase to $10 with news that the fluids are in contract. And if we get a buyout...WOW
Best of luck everyone!!