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Wasn't the "D" supposed to be coming off today? It's been 20 days since the R/S, unless it's 20 trading days. Anyone know?
I can buy and sell on Scottrade no problem.
About what I expected in revenues for winter months. O/S shares are lower than expected at the moment at 870M. This report just highlights how bad they need a Wardlow partner and for UT to work.
That's really not at all true. In a crash like this, even if contents were contained to the truck, would have to be listed out and all carefully inspected in a warehouse for insurance purposes.
Your point is worthless since these are pre-shipping pictures so obviously it's not going to show any packaging damage.
Come on Lodoguy, everyone knows when it comes to UT, size doesn't matter, it's how well you pump it...I mean how long it lasts...no that doesn't help either.
Anyway I'm actually with you that I expected it to be at least 3x this size...what is this, a UT for ANTS!
Everyone should be a little cautious since you don't know the condition of the truck or how many g's the units were thrown around with. That kind of load if not properly secured can go through the wall.
I certainly added another million shares with the pullback today. I didn't think I'd get another chance at $.001
You have no idea when the accident occurred. It could have easily occurred a week ago and just now getting talked about. Generally for something like this, when they say it shipped, that just really means it got picked up from SonCav and then taken to the shipper's warehouse for further processing/packaging which can take a couple days for something this size.
Also, when the accident did occur, it's not like Alex would publish something immediately until he at least had some facts about it. He had to publish something now because people will start asking about it arriving by now.
Unfortunately these things will take time and best case I say it's a month delay for the unit to be fully inspected and shipped out again assuming it's undamaged. Worst case it obviously means remaking damaged components and reinstalling so could be 2-3 months. However, they have at least built it up once and can do it again much faster this time. This still sucks a lot but doesn't change the overall potential of the company or what the 10Q will say in a couple days.
Anything can go into litigation and it does happen a lot in shipping, however it usually has to be because there is evidence of gross negligence on behalf of the shipper...ie they caused the accident.
I agree. The cost is divided into what they claimed for insurance shipment value which I hope was high. They could always sue for lost revenue, the cost to repair the unit including all labor, materials, ect. However generally they'll only get what they put as insured shipment value.
No kidding. My ignore button has never been so busy!
Crazy low volume today. I would have thought the moratorium or R/S would incite more trading either up or down. Personally I would think with pending UT trials and debt moratorium we'd be moving in the positive direction. The R/S is a real bummer but we're actually at the point of field trials...freaking exciting if you ask me!
You are exactly right NKore. For LEXG it's either UT or bust. Their disposal business is not a strong enough business to make LEXG any sort of large company. As an engineer who is somewhat familiar with this type of technology, I strongly believe in the product.
I personally think the water treatment has more benefits than the oil in the long term and is probably easier and cheaper to maintain. However as I recall LEXG's rights to the water unit are much more limited.
Agreed. I still very much believe in the company and revenue but no one survives a 20:1 RS and actually gains value.
I agree lodoguy. The low volume and the fact that it's house vs house today says it all. VFIN keeps bouncing in and out and NITE is playing both sides today. I think we might go a little lower in the next week but I don't think we'll get below .001
HUGE Trading volume today.....kidding. It's actually refreshing to see things quiet down so that the stock moves on news instead of rampant speculation and short selling. Who knows though, day is young.
No worries. I just know a month or so ago you tried to spam the board with positive statements to see if it would help and you even admitted it didn't. Insightful posts, positive or negative are great for this board. Even chemist contributes on occasion although I think he's bipolar.
Why do any of you guys even pay attention to RichyRichdude. They are clearly trying to get the stock down but just as you have tried to pump the stock up, it has no bearing at all.
I don't know why anything thinks that posting on an ihub message board influences the price of a stock. The only thing that should be posted here are opinions of news events.
Please just put him on ignore and lets move on.
It's interesting to see a 4:1 or 5:1 sell to buy ratio today and yet the stock is up. Nice to see VFIN off the ask at least..too bad NITE took it's place. These guys just can't keep this stock down.
Yes but they then sold them immediately. Must have found Jesus in their hearts...
But I already created my resignation letter and started packing up my office. Hellgirl says it's going to happen any day and we all know she is never wrong...
I actually do think .10 can happen but not till sometime mid next year, assuming UT is a game changer and starts making money.
Either UT works enough and it's a good part of the business that makes a few million a year, of it is a revolutionary technology that will produce 10's of millions a year. A that point price can hit .5 to $1.
.10 PPS and I quit my job that day
I agree. Frankly, the longer Alex can wait for an update the better since that means more concrete information to present instead of all future fluff. If this rally can be sustained without a newsletter, all the better I say.
I wouldn't be surprised if Alex waits on the PR until the unit has been shipped later this week so it could be a Friday PR. Also I'd like to see an update on in house water unit testing since that was supposed to start in December.
LEXG - LodoGuy, I thought you were targeting 25M shares...still time to get in. I overshot my goal and ended at a rounded 35M. Still only halfway back to break even though myself.
Severely wrong 2 days in a row? Co Pilot, you just need to leave the predictions to someone else.
Actually you're quite wrong since it's a 4:1 Buy ratio so far today.
That's true. Could always be worse.
My ass in freezing in Minnesota so anything is better than here this time of year. At this point, $.015 will be a good target sell point for me, and enough to travel to style to Vegas.
Frankly though, a run-up would probably surpass that easily. Anything about $.03 and I'll probably fly to vegas in a plane that I just bought....I did put a deposit down on an Icon A5 a couple years ago so I do need some way to pay for it.
Works for me too. Finally met my share goal. If it goes back to trips I may add some more but I'm happy with where I ended up.
Agreed. $2 will not happen for many years. $.0025 is a good start. Personally I would be chanting $.02 and maybe in a year $.20
Why would this news move the price? There isn't any material info in it. It's just more "in progress" news. Only when the units are completed, installed, and show positive data will the UT matter. Until then it's just more money spent without a commercialized solution.
I expected the units to not be installed until January just because that's how it goes. It basically tells me that all of December this stock isn't going anywhere since we don't have any financials coming out.
The only possible news in the next few weeks is a partnership on Wardlow to reduce costs. Otherwise the closing of Tero 25% stake is on January but it's a known event.
What's funny is I am actually okay with Dilution. I see it as me buying into the company similarly to I would a private business. They need cash to keep growing and execute and I am willing to give it to them. In my mind, it's only dilution if you're sitting on the sidelines not buying and watching your stake fall but again that's like any other private business venture.
I usually just target $1000 min order and get however many I can get. Finally got to $.009 Avg today. Looking to get below $.006 by end of week
Well yeah I mean a $7 trading fee for instance is over 4000 shares so someone would have to be insane to buy in small increments.
Yeah I'm really not sorry but it is nice to pick up another 3M shares at these prices.
Yeah sorry that was me.
God it's nice to be able to put people on ignore around here.
What's funny is a large part of me wants prices to stay this low through the end of the year to keep accumulating but part of me gets really excited for it to POP.
I originally decided on just 20M shares total but at these prices I think I'll go for 30. The potential is too great and stocks like these don't come around too often.