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 don't think it is thin as it looks. I suspect those 5000 share asks are mostly icebergs that appeared after the Lockheed news. At least, on that day we saw hundreds of thousands of shares sold with 5000 showing on the ask, and a whole cascade of 5000 asks suddenly pop up. Not to mention, the visible bids are equally thin down to zero.
Agreed. Q4 should be OK because of completion of earlier orders, but we haven't seen much since then. Q1 should be a small loss at best. If we get those results without any positive news, we'll be down into the 4s or worse. I don't see that an audit or announcement of uplisting will help the SP. I think the only things that can rescue the price after Q1 numbers are out are announcement of more Gander ranges, a large military order, or clarification of the Lockheed deal indicating that Lockheed will be actively promoting and selling VirTra simulators rather than just providing "logistics and customer support".
What I really expect is some wishy-washy semi-good news; enough to keep the stock price stagnant.
I started the day with a 250K order at .06 and 250K at .07. Both filled quickly - the .07 filled at .0611 and below. Then after that I got another 50K below .06.
I'm not the only one who got in cheap though.
"It can't stop you from working for a different employer in the same field."
It certainly can. My wife's non-compete bars her from working for a competitor for one year after termination.
Every working lower-level developer I know is working under such an agreement. The thing with VirTra is, their pay scale for upper level employees was quite low the last we knew. I would not expect them to be able to hire anyone at that level and at that pay if they also had to sign a non-compete.
If VirTra's pay scale is as low as it was the last we heard, then it may have been difficult to attract good employees if they also had to sign non-compete agreements.
Looks to me like it does not infringe. VirTra does not have a patent on shock belts or shock devices in general, they have a patent on a training system that uses the belt for projectile simulation. A land mine is not a projectile.
I could be wrong, but I think maybe you're confusing that with the person who was buying 1000 shares at the ask day after day to try to keep the price up. I don't remember anyone saying they were doing the opposite.
The 8 cents isn't weird. With a last trade well below the bid and the possibility of it staying there for days on no additional volume, I'd expect someone to paint the chart, either by buying or selling a small amount.
That 350K seems likely to be from the seller who was dumping a few months ago with only 5000 visible on the ask at around .07 IIRC. Right after that stopped, the 350K at .09 appeared (also HDSN), and has sat there ever since.
This is something I would like clarity on. We have no idea what the level of exclusivity is. Hopefully, they are only prohibited from selling to Gander-like operations, but I would guess that it is more than that and they can't sell to commercial "shooting ranges". A "shooting club" would be something that is owned by the members, so perhaps that is allowable, as it is legal to distribute raw milk by selling "shares of a cow" but not to sell it directly.
We don't really know whether the exclusivity agreement with Gander precludes them from selling to a "shooting club".
With such low volume, I'm not sure we'd find out in one day.
Exactly, that is my question. Why are there trades at the ends, soon after a clear indication that it is unnecessary? I mean, 50K sold at the bid of .0701 a few minutes after 75K went through at .075 and 5K at .08. That just seems like throwing away money.
You would think so, but in the past we've seen PRs that bumped the price pretty good, and that weren't hinted at by the previous days' trading. Of course now there are more "people in the know" than there were then.
I don't really understand the buys at the ask or the sells at the bid when the gap is large. Given the amount of time this gap has persisted, there are surely people waiting for orders in the middle or who will decide to move to the middle if an order shows up there. So why would you trade at the ends, unless your time frame is measured in seconds or minutes?
And yet it just filled, followed oddly enough by a 50K sale at .0701.
I don't understand your complaint. I need a small amount of cash. Based on the trades of the last few days, I'm guessing that at .075 I can fill 90K or close to it in two or three days (20K filled today). I'll be selling for a small gain on my average. I don't expect hits from the 100 share dope, if any, will hurt since there should be relatively significant buys at that price each day. What would you rather I do, sell below the bid? Or do you just expect everyone to hold everything forever?
You bought it from me. I'm looking to sell 90K of my 690K for (hopefully) temporary use elsewhere. I'm not going any lower than .075 though. And like you say, at least it'll narrow the spread for a day or two.
Ah, I mistook that .09 for .08. That is really weird, as there were a whole bunch of offers in between.
A small order at .078 followed quickly by one at .08 could do it, as it takes a few seconds for the partial fill to "reset". That isn't what happened though. There were at least two sell offers at .078, and one of them (mine) didn't get hit.
Like I said before, I have the feeling this dope thinks they are keeping the price up, when they actually may be lowering the price in the long run by scaring off volume, which scares off new investors.
OK, the StressVest patent is #7872849. It was filed after the initial VirTra Threat-Fire filing. It was also disclosed for consideration by VirTra to the USPTO, and is referenced in the Threat-Fire patent, so VirTra is well aware of it, the patent examiners were well aware of it, and there should be no issues with infringement either way.
If you read VirTra's patent, it is clear that what they are patenting is "a method of training" using the belt, not the belt itself. Typical patent mumbo-jumbo, but that is how the system works.
It just happened again. 20K sold at the bid, then 100 bought at the ask two minutes later.
Or it may be evidence of prior art or there may be a prior patent, meaning that VirTra's patent could be invalid or VirTra may be infringing. StressVest claims on their website to have a US patent for the vest, but they don't give a patent number, and I couldn't find it; maybe someone with better search skills than me can locate it. They also claim other patents, but don't supply patent numbers, which is odd.
Actually, I'm not sure why the previous existence of dog training shock collars does not make VirTra's patent invalid in the first place, but I know enough about patents to know that common sense doesn't enter into it.
No other volume above .073 today though. It also seems to be a pattern lately.
OK, someone is though. .079 was hit with 200 shares and .08 with 100 today.
Is that still you doing this? You may actually be reducing the share price by keeping the gap wide and discouraging volume, which scares some potential new investors away.
Maybe they sold for a gain.
I don't think we've seen the big seller on the ask for a few days, he's been floating well above it, with no real chance of selling.
The stress vest seems to be used only for a laser tag type of training rather than "simulation", so possibly not an infringement.
Fox
I didn't see how it started and I was working at my computer while it was on across the room, but I saw the VirTra logo, and John Walsh went through a few scenarios on either a 180 or a 300. They spent a few minutes on it at least. This is one of the two hour America's Most Wanted specials, as the regular show is no longer on.
VirTra is being featured on America's Most Wanted right now.
The big seller seems content to sit at .075 even though that isn't attracting much buying so far today.
Since only 2011 financials are mentioned, this could mean that uplisting isn't planned until early 2013.
Just sent these notes to webmaster, but someone may want to check them on other systems/browsers:
Under Firefox 8.0 on Windows 7 at 144 dpi, the "Organization" label and text entry box in the "Information Request Form" section are not aligned with the other boxes. Just part of the "O" and the very left edge of the text field are visible.
Under IE 9.0.3 on Windows 7 at 144 dpi, the text entry box for the captcha in the "Information Request Form" section is not aligned properly. The left edge is aligned with the right edge of the "Type the two words:" label.
Both of these problems persist when the page size is scaled up or down.
Bids:
.093 5,000
.09 5,000
.087 25,000
.085 110,000
Asks:
.096 5,000
.0989 30,000
.099 57,500
100K on the bid at .085. Nothing significant visible below that. Nothing much visible on the ask. 25K at .091.
On a stock like this, it could be an individual trying to paint the chart. It happens all the time, and sometimes it even works.