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Rally time finally, I feel. Lot of shares were bought recently in the current downtrend. These buyers will boost the stock.
35 cents in the near term?
Could rally big in near term. WooHoo. Application submitted in July.
Lexaria Announces Responsible Marijuana Policy
https://finance.yahoo.com/news/lexaria-announces-responsible-marijuana-policy-120000070.html
News on oil assets.
Well PPF-12-7 was drilled in December 2013 but was never put into production due to seasonal delays. Lexaria is pleased to report that field work is currently underway with the goal of placing this well into production as soon as possible. Unless there are unexpected complications, this new well is expected to be in production and cash-flowing within roughly 30 days.
The PPF-12-7 sidewall core analysis indicated 19-20 feet (true vertical depth) of oil bearing pay. Oil and yellow fluorescence was encountered with recovered oil samples grading as high as 33 API. Permeability was very high across the entire sampled area, ranging from 3,100 millidarcies to as high as 4,750 millidarcies. For comparison, sand has a permeability of approx. 1,000 millidarcies. Lexaria's technical consultants believe the high permeability could be indicative of a positive flow test.
Work is now underway to finish completion of the well and install production equipment and flow lines. A new production facility is planned as part of the overall 12-7 completion process that is separate from the existing production facility that handles production from the pre-existing four Belmont Lake wells. The new production facility will require shorter flow lines, is topographically higher, and less prone to seasonal high water fluctuations, which together should lead to more efficient and reliable full-year production.
More information, including eventual flow test results, will be released when available. Griffin & Griffin Exploration, LLC is the operator of the well which was drilled in Section 41, Township 2 North – Range 4 West of Wilkinson Country, Mississippi.
Lexaria retains a 42% working interest in the producing 12-1 and 12-3 wells; a 50% working interest in the suspended 12-4 and 12-5 wells; and a 13.3% working interest in the 12-7 well. Lexaria is actively reviewing all possible ways of maximizing value from the Belmont Lake oil field assets.
https://finance.yahoo.com/news/progress-lexarias-belmont-lake-oil-123000182.html
SANTA CLARA, CA--(Marketwired - August 26, 2014) - Document Capture Technologies (DCT) (DCMT), a leader in mobile capture devices and innovative productivity solutions, today announced that the SimpleECM API Platform for Document Management dramatically expands the availability of devices certified for use on the platform with the inclusion of Ambir, Avision, Brother, Epson, NCR, Visioneer and Xerox scanners. SaaS (software as a service) solutions and system integrator-developed browser-based capture applications can now integrate market leading scanners with a large and growing installed base.
"We see a growing demand for scanner integrations with cloud applications," said Thomas Wulle, managing director of Avision Europe. "With Avision and SimpleECM, software vendors and system integrators can now seamlessly operate our award winning scanners directly from their cloud-based solutions. This solution offers a comprehensive user experience, from capture, to processing scanned documents into various popular cloud applications, by running the entire operation from the browser."
Using SimpleECM, developers can leverage familiar JavaScript APIs to implement document capture directly into browser-based applications, expediting development time. Scans that are made on certified devices are effortlessly rendered into a Web browser for further processing into cloud applications. These integration tools provide the building blocks for developers to create automated document management workflows that businesses can use to become more productive and efficient.
"A primary goal of SimpleECM is to bring enterprise-level ECM services to the SMB market," said Karl Etzel, President and CEO, DCT. "SimpleECM now supports scanners from brands that SMBs already trust for delivering high-quality, efficient productivity solutions. This is a perfect fit for our developer community and the end-users of the applications who depend on this technology to run their businesses."
You are welcome. In fact, CEO Haig has been a heavy buyer of his own shares like Chris Bunka of LXRP.
Search for PTSX at insidercow.com to see Haig's massive buying. He is the largest holder. Float and OS of PTSx is tiny. OS is just 10m.
A recent article said he didn't sell any since his buying spree. He was buying in the open market as I have been following LXRP for many years.
AFAIK, he hasn't sold any. He increased his holding infact in a round of financing at 12 cents early this year.
OT: Xiao Chen buys almost 9% of shares. Says may soon buy entire company for 10m. Which equates to about 1$ per share abouts.
http://www.sec.gov/Archives/edgar/data/1398797/000161660014000001/sc13d.htm
Bought some today near 65 cents.
Xiao Chen buys almost 9% of shares. Says may soon buy entire company for 10m. Which equates to about 1$ per share abouts.
http://www.sec.gov/Archives/edgar/data/1398797/000161660014000001/sc13d.htm
Corporate website updated too to reflect the move to MMJ. I like it.
http://www.lexariaenergy.com/
You can call Chris Bunka to get updates on recent developments.
He has previously bought heavily LXRP shares in the open market. Type in LXRP at the site below to see what I mean.
http://www.insidercow.com/
GLTA I am loaded.
Should move north of 20 cents on some positive news. Expecting updates on application process soon. Recent news shows private investors still investing in LXRP and ENRT.
Whoever are the guys who are trading this stock today, I respect you. You have big balls compared to me.
Mind boggling move. A bad trade for me turned into a big winner.
30 mins into the trade and no bust notification from IB.
Woo hoo
Thanks. You are right. Stock is promoted by JPS.
That site must have quite a following. What a move. Bravehearts rushing in to make quick money.
http://www.joepennystocks.com/blog/new-pick-coming-9122013/
Who/what is JPS? Thanks
Any reason for the spike?
I had bought a few at 15 cents a long time ago and some at 6 cents. Pleasantly surprised to see them get sold at .30cents. Just hoping this trade doesn't get busted on this unusual spike. IB notifies within an hour of trade busts.
If there is no trade bust notification by 11am. I will be dancing for awhile after 11am.
Looking to trade KLIC now using long term Jan options. Stock is cheap and you may like it stockdoc
Sold my ABTL today. Bye to all for now.
Will take some small positions in ABTL on weakness in the future.
It was nice chatting with you stockdoc.
Check his followers number below his picture
Roth increased target price to 6.5 from 5 today.
The author has a lot of followers. Stock had good volume today.
Decent earnings and guidance.
http://finance.yahoo.com/news/autobytel-reports-2013-second-quarter-200500939.html
Correct. Earnings today ina few mins now.
GLTA
Atrop takes position in ABTL.
http://www.sec.gov/Archives/edgar/data/1023364/000119312513307687/d574960dsc13d.htm
ZHNE 3$ now
Sold most of my ABTL shares. Have only a few now.
Earnings on Aug 1. Stock at 5.25. Woo hoo.
http://finance.yahoo.com/news/autobytel-report-2013-second-quarter-131500806.html
Regained 5 today. Hope it pushes up.
More TeraHertz systems sales news. Woo Hoo.
http://finance.yahoo.com/news/advanced-photonix-announces-continued-market-123500983.html
ABTL added to Russell Microcap for 2013. So stock will see action by Friday EOD.
http://www.russell.com/indexes/tools-resources/reconstitution/reconstitution-changes.asp
Just been strong for awhile now in the 4.70s range. Bodes well to break past 5 in the near future.
Stock is doing well so far despite recent market weakness.
Ok.
Just track this stock and see how it fares over the next 12 months.
Do you have any stock to suggest?
Thanks
You may want to investigate ZHNE. Stock is super cheap. They just turned profitable in last 2 qtrs after reporting losses for many years. Right now there is a reverse split overhang (as stock is below 1$) on the stock which may occur this month.
This is a nice turnaround stock. Investigate it.
Mee too. For now, looks like it is digesting (gains) like a ruminating camel. And I hope the gains are not spit out like a llama.
At the final stages of a market run. That's when low quality Chinese stocks and solar stocks run and collapse in a day or two, signalling the market may get weak.
Sell in May and go away is the mantra and lovely ABTL spiked at the very end of May. Not a good time period to spike (when there is no official news).
QQQ is weak now. Down from 74.5 to 72.
ABTL rallies, if it does, at the fag end of a market rally. So its rallies are often ephemeral. Again the market got weak when share price periscoped just above 5. Horrible timing. ;-(
I remember Coghill. They were sellers in 1 to 1.1$ range several years ago.
1)You can search for ABTL at http://insidercow.com/.
2)Then search the results for the text "Coghill" to view their past ABTL transactions.