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Great find by $T. This is obviously very interesting and good "news."
I had to put the quotes around news, though. This isn't news from AFTC. This is behind the scenes maneuvering that one of our amazing posters discovered.
The REAL question is, why would AFTC take this step without there being REAL news happening? Team, the fact that AFTC took this step is the precursor to serious news.
So now I ask this. The stock went to .0038 on this juicy morsel. Now people are selling it as it slowly drops from that high. Are you kidding me? Who just saw the post from $T and now wants to sell at .0032?!?!?!? Are you happy with the $100 you just made? If AFTC just reinstated their Nevada corporation, what do you think the REAL news is going to do to this stock!??!?
Go ahead and sell people. Can't buy a house if this stock goes up 50% (like it did this morning). 5000%? Much closer!!!
Certainly a long shot to see AFTC valued at $18 / share. .18 sounds entirely possible this year, though.
I liked the idea of everyone buying 300k shares this upcoming week. I'm in on that - we should all do it on the same day and get some attention for our little gem. Let me know when!
In the meantime, I'm back to college hoops for the rest of the weekend. More upsets!!!
Rather than talk about glasses, I would like to talk about the difference between human and business.
"Good morning, how are you today?" is an example of being human. Yet how many people do we know that walk into our office and start on the business side "Do you have those numbers for me?"
With Kathy, I totally understand the human side. She lost a husband and her best friend. But there is also a business side. You are running a publicly traded company. As much as it might be painful to do so, there are many people invested in her company, including her family, her employees and her shareholders.
It continues to this day. You are running a publicly traded company. What happens at AFTC on a daily basis has meaning to many people. Keeping everyone in the dark is NOT a way to run a company - even if there are restrictions on what you can say.
I still advocate a quarterly update (which would be due March 31st). It sure would be nice to know what kind of progress is being made at OUR company.
Checking volume today I see someone was able to sell a whopping 1800 shares at .0028.
Really?!?!!?!?
You're a laugh riot Luna!
Big headline on CNN Money today:
China declares 'war' on pollution
Premier Li Keqiang acknowledges that it is a major problem for the country.
I don't like the flipping because we close anywhere between .0020 and .0030 on any given day. My preference, obviously, would be to see it remain constant and slowly but surely head towards .0040 again and higher. But flippers will make money at these levels. As long as they don't get caught selling 1m shares right before a big run that they will miss, there is always an opportunity for small money... I truly hope they sell a big chunk 5 minutes before the press release hits!
This would have been an interesting presentation for Jim to have given in Vail yesterday. Imagine where things would stand now if he were still active.
I'm also wondering if anyone from AFTC was present at the conference. I would like too think so but I'm guessing not. I have no problem with that if they are researching and developing fast and furious in Michigan.
Sure, I lack patience, but why aren't there 25,000 DME fueled engines out there already? DME sure seems to have a lot of advantages over the alternatives.
Probably will not see a bump. Who will really be watching at this point? It would be great to get some publicity, but this will bump when news hits in the form of an actual press release announcing hard numbers.
Although volume today is over 2m. That's pretty high volume compared to many other days on here...
Someone is bailing on a significant number of shares. Sure would like to know why! Doesn't make any sense to me.
I don't have level 2 or know anything about it but if I could pick up 2 million shares at .002 I would do it right now.
I love your dream, but I woke this morning to the "nite mare" of seeing .002 again. Team, we are going south unless we get some interesting news in a hurry. Now NITE is gonna start accumulating shares from panic sellers and make it harder for us to move north. Ugh.
Short sellers can't possibly make much money here. If it goes from 28 to 14, they double their money. It is far more likely that this will go to .02-.05. That's a much better return on investment! AFTC is purportedly ready to get their SBIR III contract. You can't short a stock this low with that kind of rainmaker on the horizon!
I think DME lacks a good marketing campaign.
Something like, "DME, Dummy!"
Y'all do such a great job with the research and the convincing arguments that I am ready to switch my car over to DME right now! It's truly frustrating with all the discussion about pollution and renewable energy that DME NEVER comes up in the mainstream media.
Is it simply ignorance on the part of our leadership? Are there DME alternatives that I have never heard of that will rise faster or become more widely accepted? With all the talk about natural gas, you'd think a more viable product like DME would have been discovered by someone with some clout!
The answer is simple yet complex. When they announce that SBIR III award, this company has significant value. So the answer is as soon as it's announced. My guess, after March 31.
Spoken like a true Luna Tic!
AFTC employees obviously do not care much about shareholders. I would be happy with one comprehensive update per quarter. Meaning we would not hear anything for at least another six weeks. Unless the groundhog sees his shadow.
Too many other "sells" awaiting execution. Who has the giant blocks on the ask that are creating a ceiling? Is someone that desperate to get out at .0028?
Well, the ask is down into the 20's now and still no buyers.
This stock needs news to move. Otherwise, those of little faith sell bit by bit until it all heads south.
Great campaign by Luna and I sent out about 20 notes. But until contracts are inked, this baby is stuck in an oil slick.
LOL, that's funny. $28.
This is a different stock than many are used to. It will sit quietly for months on end as people get antsy and restless waiting for news. Like me!
When it comes it will be low key and appear only on the website, but the news will be powerful. It's just a matter of time when it will happen and then will depend on how many people see it.
I will sit here and wait......... (trying to be patient!)
I enjoyed watching FB this morning after their earnings release last night. AFTC needs some good news. FB up about 8% in one day - by most measures a good day! Where will AFTC go if they announce their SBIR III award? Or any other significant contract? 800%??!?! I could see that...
In the meantime we get to watch that paint dry. Pure manipulation at this point, though I saw millions of shares for sale at 30 today. Someone looking to bail too early.
Like you, it always makes me feel better when there is a higher close. I like seeing a larger balance in my account!
Market not looking good as every one of my stocks is in the red, except...AFTC! Woohoo!
AP News Wire -
America sat riveted as Alternative Fuel Technology Corp (AFTC) spent yet another day sequestered in their Redford, Michigan research and development facility. With blacked out windows and furtive glances as employees walked from cars to offices, the highly secretive organization continues to plot the DiMethyl Ether future in complete privacy. CEO Kathy McCandless was quoted as saying, ".... (nothing)." Much like the faithful Catholics awaiting smoke from the chimney, literally handfuls of AFTC pundits sat anxiously by computers scouring the wires for scraps of PR announcements. As of yet, none have been forthcoming. We will keep you updated on this breaking story sometime in, oh, say August. Until then, Miley Cyrus will be recreating her wrecking ball video in Times Square today...
Good morning Sgunder and friends.
I always enjoy jumping on the board to keep up to date with my favorite little stock project. I feel like part of a little commune!
Since it is a national holiday and the market is closed, I wanted to send a thank you to those who have so much knowledge of this industry and share it on the board here. I wish I understood enough to do better research on my own and contribute something other than a positive attitude, but if it weren't for you industry insiders I'd be more clueless than I already am.
Funny how much I've learned about alternative fuels just reading your posts. You know who you are, so thank you for your hard work.
AFTC took on the mantel of a publicly traded company, so there are a number of opportunities they have had to share information but haven't. Inexcusable is a good word. Regardless of what happens to your company, good or bad, there are investors who have a stake in your success - or failure. To remain mum on anything happening at your company is, to me, inexcusable.
So another week passes by with minimal volume and no news. Would a quarterly update to your investors be too much to ask? With major news being released as it occurs?
I'm spending the week on the strip betting on sports events. At least I can watch the game and get immediate updates whenever I check the scores!
For what it's worth, saint, I don't think it's any of us selling for lunch money. I totally do not get the strategy, but that's gotta be NITE and friends doing a little price manipulation.
If anyone can explain it to me, what are the advantages of a 5k sale at a low price to start the day or a similar sale at 3:59 to prop the price up for the day? Or vice versa? Does the opening or closing price really matter in the grand scheme of things?
I gotta admit, I like when it closes high because my balance looks better, but I have to take it with a grain of salt because the spread is so large...
I would be surprised if AFTC does a PR at all. My expectation would be that one day it will show up on the website like the last update we got from the organization.
Another day in the box between 32 and 35. No one wants to break through the 35 barrier, and no one wants to sell right now. We need some new blood, said the vampire!!!
Very nice close compared to yesterday's - a solid 20% increase.
There are thousands of people with $3600 earning .025% in their savings account. How many years until you see a 20% increase in your principal?
There is no sure thing in pinkies. But if I had an extra $3600, I'd buy 1m shares of AFTC and double, triple, quadruple + my money in 6 months. I'm just sayin'....
Nice bump in volume to .0035. What happened?
GM Sgunder, I love seeing the .0034 as well. What is more telling is that there is no selling at .0029. I enjoy seeing that the stock is in strong hands who realize the major mistake of selling too early. Even though it was a very small buy at .0034, the numbers continue to head north. We are up 50% in a week and yet no one is profit taking - though profit taking would be awfully minimal selling 20k shares at .0029!
Stay long and strong everyone and we will see a 52 week high in January!
Why wouldn't they go? Again, this stock is undervalued. Once Sleeper's assertion that the Army is ready to go to Phase III is affirmed, we have lift off.
I think we all have the right mentality here. Think big!
To my earlier point, volume is up a little today. 2.7 million shares were bought, but that means 2.7 million shares were sold. Who in the world is selling at .003? There is no where for this to go but up!!!
I agree. Or greed. People will get all excited when we hit .0035 (like when we briefly touched .0046) and lock in their 50-100% gains.
This company is a true penny + stock. It deserves to be over .01. Especially when concrete news hits. Sleeper hit on the precursor to real news when the army alluded to this program moving towards Phase 3.
What will hold us back are those people looking for a quick double. Team, we all need to hold until it moves substantially. Get greedy when your account has a comma after the first three numbers!!!
I would love to see 3 become 4, but there are two issues I see. One is that unless there is heavier volume NITE and friends will continue to play games to keep this down. Seems like there are a plethora of methods that they use to keep this price low (see the number of times we bounce down to .0022 for no apparent reason lately).
The other issue is us. We, the major shareholders, hold a lot of the outstanding float. Who among us is gonna break first and start selling at 31, 32, 33... Millions of shares could be unloaded between 3 and 4 hindering our climb north.
My question to you is, "Are you a long?" or are you more interested in day trading to try to catch AFTC highs and lows? If volume goes up and everyone becomes a day trader, it will be tough to move upward without BIG news.
Picked some of those off today at 24. Thank you to whoever sold those. Nice 20% profit in one day on paper, anyway. 33 ask is nice to see as well. It can only go up from here.
Have a good weekend. Football playoffs and a huge FSU national championship Monday night coming up.
Volume again low for the day. Seems like a few still playing games with the B/A. If this makes it back to the teens I will add more. In the meantime, I still think you will double or more from 25 to 50 by the end of the quarter. Gut feeling, of course, but then again I had Oklahoma on the moneyline against 'Bama last night!
One of the tenets of this fitting your scenario involves heavy volume. Another fascinating day of 75k shares traded today does not indicate heavy volume.
I do agree, however, that this is ready for a move up. No one is selling. Granted, the spread is too large to make any money. This thing refuses to drop below 20 now, and the sells at 22 or so are so miniscule that no one cares. Any they are probably done by MM's trying their best to scare some investors.
This stock is waiting for the next batch of investors to take this to a new level. What will attract these new investors? Obviously, a press release with some solid contract news.
I do not see this going down, only up. Unless we wait months for an update....
I'm always in for Vegas. I've already got a 3 bedroom suite reserved for my birthday 1/18-25. You're all welcome to two of those bedrooms!!!
I will be very happy when this stock hits a dime. I will be out of my mind happy when it hits a buck. Should I get greedy and wait for $10?!?!?!
When it hits a dollar, you will find me poolside at Atlantis with an endless supply of pina coladas.
There is no reason to sell before $1. This company has around 150m shares out. For the stock to be worth $150 million, we need $10 million in annual profits. Not out of the realm of possibility with some significant contracts in the works.
Still not a lot of volume, though. I find it interesting that most trades involve a couple of hundred dollars at most. This is a thinly traded stock! That's why I can't wait for interest to pick up.
I realize there is a decent profit to be made by selling at .005, but I still ask each of you, why? If you sell at .005 and it never goes below that again, you're giving up future profit for a locked in gain. And that's fine. But if you all believe as strongly as I do that this company has greater potential, you would be holding for a much bigger windfall down the road.
There is no reason - none - that this should not be a true penny stock at this point. Meaning .01 or higher. I wouldn't blame any of you for selling at that point or higher! Totally my opinion, but anything sold below that is going to leave investors regretting their sale in the not-so-distant future.
Remember the guy (gal?) who sold a lot of shares a short time ago at .0009? Oops!!!
Those 6000 shares that just went at .0021 are really inducing panic selling... wow! I just don't get the point.
Another quiet, under-the-radar day for AFTC shaping up.
Whenever you see magazine articles or online blogs by the big penny stock pumpers, are they paid to do those? Or do they actually find a gem like AFTC and write a piece on them? This story sure is better than most of the pipe dreams you see in those rags. What are the chances of someone rediscovering this stock and writing about it?