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Schwab is showing that 16 trades went off after the .0046 close. They total 452,000 and the last two, both for 26,000, just went off at .0056. I don't think I have ever seen this happen before, except maybe T-trades, and some of this same thing happened yesterday although not as many shares. MM's will make trade corrections after closing but they are always within the daily trading range, not way over it. Strange happenings.
Well if the selling of the fund hasn't stopped by now then this will be in the trips before long. That 56,000 share sell today only netted $397.60. What could that possibly do to help the company. I guess they could take an attorney out for dinner. With this share structure there is no excuse to be at these levels. At these levels the company, in an effort to raise anything of significance money wise, will now have to start selling millions and millions of shares. This isn't rocket science but just plain simple math that reveals the truth. I should of bailed a long time ago. O-well. GLTA
.0042 X .0043. Don't look now but GRCU is quietly moving up. Ask is very thin.
That would be my wish as well. Have been red for way to long. Zero volume so far today. Kind of strange.
Could be the start of a nice reversal here. Flippers are going to be feeding, but overall I'm optimistic.
Lots of buying too.
Stock is up 13% now, and I for one am glad to see Frost taking control of this disaster. Hopefully 2015 will be a better year for shareholders.
Looks like Frost is steering this ship in a slightly different direction. I don't think Tan is very comfortable right about now. No CEO likes to share his/her title.
Trying to look at the sector as a whole. Bloomberg Oil extends oil to below 60 on weaker demand. HAL is a big player and I just look at it, among others, to help determine support levels, If HAL hits in the low 30's I will be buying LNCO and a few others. It could stabilize before then, just have to keep it on watch. All in all the oil sector should be a good January effect play.
Yes, looking back to the end of '08 HAL dropped to 14. Looking at the chart it appears the most consistent support level is around the 30 area for it has bounced off of it several times in the past. That's where I'm thinking we reach bottom. The way things are going it wont take to long. Your 34 is definitely within reach.
Good morning Matt. MILL looks to have a decent Q out but looking at the Outlook section of the 8-K it appears that there may be an offering coming in order to help finance the Savant purchase.
http://ih.advfn.com/p.php?pid=nmona&article=64742319
Interested in seeing what happens next.
Looks like a possible takeover attempt by Blackstone against SARA. Would this have anything to do with the message you received? Check out item #4.
http://ih.advfn.com/p.php?pid=nmona&article=64738553
It sure doesn't seem like the market likes the buy. I just can't figure this stock out.
Very much appreciate the info. As you stated, it is difficult, if not impossible, to predict a bottom here. I feel that the sector will go down more in the near term. How much more is anyone's guess. GLTU
If you don't mind me asking, what are a few that you like? TIA
Looks like this is heading to 35.
Was a lot of selling today. Big 21,191 share sell right at the close. Was hoping for a continuation of the afternoon buying. We'll have to see what Monday brings. GLTA
Q was better than I was anticipating. They raised their yearly guidance. All in all not bad. Did you see something alarming?
If I was going to sell I'd done it in the 4's. I'm in no hurry. Have been holding this for over a year now so what's a little longer. If it drops back into the trips I'll be waiting, if not, I'll still be waiting. When you have free shares waiting is not a problem. I'm looking for .10 pps which is achievable even with this share structure. Just need the right pieces to fall into place. GLTU
The million dollar question is "why"
What do you make of this Joe?
IDI is busting a move. About time.
Nice buying action today. Maybe good news coming. I can hope anyway lol.
I agree.
The third quarter results should come out around the 14th or the 17th, so maybe we will see more improvement. I'm not very optimistic, though I'd like to be.
Weak manufacturing news from China wont help our cause here. I was hoping for a nice slow and steady rise in pps. Maybe Frost can pull a rabbit out of his hat. We certainly could use some news. Preferably good news. GL
WOW! DRYS just suckered punched its shareholders with a 250 million share offering @ 1.40 a share. The CEO purchased 57 million shares @ the offering price. Trying to save face? They should have done this a few days ago when the share price was @ 1.40. The stock was on a nice little run before today.
IVAN not looking bad either.
Wow, Robert was smart to dump some more of his shares @ 3.32 and on the same day as news of 9.1 million in orders. Amazing. I used to really like this one. Looks toxic now.
Yea, when I read Odessa99's post I was thinking 4 mil a quarter instead of one mil a quarter. My ending thought is still the same; when this gets to where I think it's going, RC will be sitting pretty, and so will I. GLTA
At current levels that would provide RC with around 160 grand yearly. Not bad for a start up company's CEO. It would appear to be a win win situation for RC and the shareholders. When this gets to where I think it's going, RC will be sitting pretty with his 16 million shares.
NEWS OUT!!!!!!!Hemporium is now available in the US
Yea I know. Trust me, I'm not holding my breath, lol. GLTA
The pps was .0001 pre-split. After 150/1 rs the pps would be .015. If you got in @ .0001 then anything over .015 would be good. In my case I need .075 just to break even. :(
Thanks AF. If it hits your target I'll be right there with you picking up shares. I have a buy order in at 1.35 just in case that proves to be solid support. Have a great weekend.
Appreciate your take. I was just trying to make the numbers make sense. My math wasn't coming out right. If the mid thirties don't hold, AF might be right at 1.20's. I had a buy order in at 1.35 and it never touched. I'd like to pick up a few more before she runs. Have a great weekend.
What do you think of the Q? I'm trying to figure out the OS. They did an offering back in May which contributed around 15 mil to the OS, but still unable to account for the other 20 mil. The OS has increased over 100% since the beginning of the year.
Yes, this is one of the reasons I've been watching this one and was trying to peg a bottom. I feel good with my entry. If it drops a little more I will add to my position. I appreciate all the info I gain from following this board. Have a good night.