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rat jumping ship
see past filings for his compensation in shares.
Lustig dumping? CDEL relentless. Brings back bad memories.
What does she possibly add (in a temporary position) that she hasn't already contributed in the past # of years? Reaching for straws instead of revenues.
So you sold your EVIO this morning? NIce play.
Bashing? You mean Sanity. Not expecting this thing to go from mutt to greyhound in two days is bashing?? Calling it like it is, son. There's no buying interest here. Fact. Pitiful volume for such a per centage move. Scoop and score...repeat. Easy with real DD. Low 40s again very soon.
GLTY.
As I said. Too thin a market to believe in. This was a great move from .35 . Profit taking to be expected. Wish I hadn't been greedy, but we'll see how it goes from here.
no. but no surprise. I was hoping for higher to let go another small piece but it didn't get there.
Further note is a reminder that the Canadien overhang converts @ .60 so I expect a bit of a wall to start @ .59. This all takes time and fresh interest. The former we have, the latter seems to still be in hiding.
GLTY
BTW/ for those interested. .54 is a key weekly and daily resistance point. Above there (hopefully we get there with a little push) expect some air. No (in dollar value) volume on bids or offers makes everything a bit more questionable to figure out, though.
GLTA
Seriously? Do you have any idea the increase in revenues has to be with the current share structure to get the pps to even $1? Stop smoking the stuff before it's tested. Sorry, but I have a few bridges in the desert to sell you.
GL
Reality is closer to 40M O/S count when you take into account the remaining convertible debentures (see Canadien deal in SEC reports) and the preferred share structure. This company has been a share printer in order to expand. The problem has been that revenues have lagged. Typical in the industry, although some of the deals made by management were a bit more toxic than they needed to be. Still, good upside appreciation from this level if one doesn't get greedy.
Thorough DD is your best friend.
GLTY
ps: management promised a long time ago that it was reducing the authorized shares but they never have. In part, I ( to need 900M shares) presume to hold enough ammunition to ward off a hostile raider, thought that's a bit far-fetched with the problems they've had.
Good to see that total absurdity has returned to the board. Chuckles.
LMAO! Flippers usually hold only for a day or two. You mistake profit taking for flipping. Just ask your brokerage account how well it has worked out for you just buying and holding this stock. Not getting greedy and taking partial position profits on sudden moves (like today) has made EVIO a profitable position for me. Knowing when to hold them and when to fold them is the secret to investment profits. If you want to give profit taking a bad name, that's your choice, but my approach has me sitting with a whole bunch of nearly free shares and free shots in other stocks. I will continue to sell on up spikes until the price gets above fair value. Then I will wait again for it to collapse below fair value and load up again. You've been reading my posts for long enough to know that I walk my talk. Doesn't always work out, but what in life does?
GLTY
What is such a downer about pointing out the obvious and taking some profits. Gheesh! Maybe I should have posted that the low volume means that we will be at $2 by the end of the week. I'm actually surprised that nobody has suggested that yet (LMAO!).
Non existent (barely) volume the last hour and a half. Poor behavior. Happy to have let go of a little (20% of recent accumulated position) this morning between 49-50. Mainly because it's evio and nothing comes without torment first. Also don't expect the 50DMA to break the first test. Looks like a relief rally just letting off little steam unless fresh blood reads all about it and comes in tomorrow. Us evio holders are dreamers, aren't we?
glta.
ww bashing aside, my posts of last week agreed with you. These are bargain prices (unless a big surprise in the 10K, which is why I'd like to see it published and in line with the last pr.
GLTY
today is January. How did you miss that? It's also the compliance due date. He didn't say anything about being late. Only that it was on schedule to report in January(easy interpretation!). Just saying....
Missed this until this morning. Ughhhhh! WTF? Especially after they already had the unaudited numbers a month ago. Makes one wonder what changed. ww got a new abacus?late again
no gaps. only long persistent erosion.
LMAO! The unaudited numbers- if true- are the best news EVIO has had in a very long time. Getting ready to rocket past fair value. The roller coaster is gearing up. Vrrrrooooooom!
I have always agreed with that. I just saw the data and I guess I fell into the same trap many of us do - to look for some conspiracy to explain what we don't quite understand. The constant step down selling has been hard to understand. You know from my past postings that I was constantly skeptical of higher prices and all the pr broohah, preferring straight ahead cold analysis of the facts as I saw them. Now its a mystery to me.
Nothing much to do, I guess, than wait and watch. I'm loaded up here now.
GLTY
The second page of the report suggests, however, that the overall short interest is not that high or of great significance. Will be interesting to see what it reveals about remaining total short interest after this week (the chart reports every two week period).
Bi-weekly Short Interest
Something has to explain three months of red (if EVIO closes below .35 today that will mark 13 consecutive reds on the weeklies). I've always been a little suspect of shorting of pennies since the risk seems to greatly outweigh the rewards, and I've always been very suspect of the sourcing and integrity of data about short selling in pennies, BUT this is worth a gander. It would explain the constant walking down of the price and the lack of any relief in the face of fundamentals that suggest EVIO is extremely cheap here. Maybe someone knows what ww won't tell us? Very suspicious, though there could be another explanation. It may be time to flood ww with email questions.
EVIO Short Selling
Just for thoughts and considerations: Nothing happens overnight
I base it upon the last revenue guidance for the quarter of ~$1M ( assuming it to be an honest reflection of current earnings from operations) and full dilution of the outstanding debentures and also preferred stock. IMHO this is a conservative approach. I hope I’m not upended by the 10K when it comes out.
In the meantime it certainly looks like someone is trying to press the price down. I just wish we had some guidance on the current quarter revs from double dubya.
GLTY
Just like it was inevitable that the EVIO pps would correct downward from its once lofty over-evaluations, it is inevitable that the market will eventually correct upwards to fair value. All equities have been under the stress of too rosy valuations, especially the cannabis sector. EVIO is a fair value plus $0.50 investment. That doesn't sound so great to those in at much higher prices, but its a smacking good deal @ $0.35. Once I was the Grinch, but now I'm a Cheshire cat....
Merry Christmas and Happy New Year to all!
Same smart money that was buying chunks a dollar higher than here? Not all trades are smart because of their size. Also, I believe a Corp has to make a filing before buying back shares. Why the hell would they spend on buying back shares that are a spec in the ocean of diluted shares they’ve sold?
GLTY
I’d wait and see before jumping to conclusions. You’re concentrating on a large order filled on the ask. How about all the bids getting smacked? See the .43s just swallowed for example. There’s no hidden news here. It’s all math and emotions.
So now when the price recovers just a little, its a conspiracy also? How about that its just oversold and even the diluters may want to step back a minute (time will tell). That doesn't preclude any hurting longs from just giving up and getting out. When that happens in volume (a hell of a lot more than 50K worth, it's usually a good sign of a reversal.
Word of caution, of course, is that this is EVIO-land and pennyland.... a lethal combination!
No! Looked a lot like a pre-arranged liquidation trade, though. (Reminder that liquidation and dilution transactions are not the same.) TAR stands by Monday prediction of a green week. We shall see.....
Ten red weeks in a row. Is EVIO still bottom fishing? It's all about the numbers and any other discussions have become sort of humorous. Revenues vs. Outstanding Shares (including yet unconverted debentures and preferred shares). Very simple stuff. When the dilution ends and the revenues pick up, then so will the price.
TAR repeats that recent revenue guidance and OS structure suggests a fair value of between $0.55 and $0.7. So 40s look like a nice spot to build from.
Out on a limb, but TAR predicts a green week that will see low 50s.
JMHO
ta ta and GLTA
I hardly ever agree with his reasoning, but in this he's right. Accumulating on the lows is usually better than on the highs... JMHO
Well, for one idea- the Canadien dilution began at prices well above the $0.60 conversion price. So, they can be averaging still at a profit, by selling at these prices. That would explain the volumes for sale. Remember, they had upwards of 10M to convert if they choose. On the other side, value buyers are in no rush as long as the conversions continue. It looks more and more like a stabilized market that will sit until market forces based upon value inch the share price up. Wouldn't look for anything above .75 for the next 3-6 months, though.
JMHO
GLTY. There may be some pain first but if they have turned the corner with actualizing revenues, then I think we'll be just fine.
either is your spelling or grammar. responding to you is really a waste of valuable time. please disregard this post... as I will pay no further attention to anything you post.
for point of interest TAR uses the term "value buy" if the price slips more than 20% below TAR fair value. As reported recently after the earnings pr (with caveat that we need to see if the numbers hold up) TAR value will be .65-.75. Therefore anything below .55n is a "value buy". Conversely, above $.85-.90 would be a "sell" at his point.
We may have a rocky road still but I can't stress enough the importance of watching the revenues and the OS. (OS reported is now 24.4M, but there's still roughly 5M in Canadien conversions to come and all of those preferred shares sitting out there. Counting all of them is a worst case scenario which we should all be aware of when in penny-land).
GLTY
The numbers don’t support your “reverse pumping” efforts, and the numbers don’t lie. You’ve been correct until now, but If EVIO can maintain its recent guidance and have revenues +$1M/Q for the next couple of quarters before Cali starts to kick in, then these will be value buys. Even with the Canadien dilution overhang, $.50 is below fair value.
But please keep talking weak shareholders into selling as TAR is now at a 50% EVIO position and happy to add more on further erosion. I’m sure you’ve been building a position here also. LMAO!
Unless EVIO was involved in a false test result, there is nothing for them to address! Everyone is looking for excuses for poor share price. Have him address the share structure and where greater revenues are going to come from. That is relevant.
How do you know that Keystone wasn't one of the labs that passed a moldy batch? Not saying they did, but why draw attention for the problem away from the growers and onto the labs that might have missed on the testing end?
nope.