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Thats a great question, but I think its because they are actually using the capital raised from selling shares to advance the company. The building of our recycling facility is going to take funding, we might possibly get some gov grants or funding from BASF as well. They have a great team, including former Tesla engineer Ryan Melsert. All these things take capital. However I believe ABML is actually trying to use the money to further this company.
No reason to sell these shares for anything less than .25
https://www.diversifynevada.com/programs/opportunity-zones/
In a recent youtube interview, CEO Doug Cole mentioned the facility will be in a opprotunity zone outside of Reno. So we have a rough idea of where it will be. Once an announcement of groundbreaking comes our pps should hit at least a dime.
This stock is so undervalued right now, there are other striving lithium producers like LAC that have yet to produce anything and are still trading at $3 pps. Yet ABML is 3 cents, has similar land rights, and is the only start up in the US who's also focused on the recycling market. Which has as much room for profit, if not more than mining.
One of the few dividend stocks with very little debt. FL is a good play right now. Shoes are one of the few products that people are reluctant to buy online. Because we all know how that goes, and even if they do, FL has diversified themselves with sites like Eastbay.com which is extremely popular with sneaker heads.
This should consistently gain value over 2020. Fully operational battery recycling plant set to be operational soon, Along with continued drilling and mining prospects in the great state of Nevada, right in Tesla's backyard.. here's a recent clip of the Ceo talking about ABML near term prospects.
Quarterly report should be out around the 25th, last year at that time GT tanked after the report. Should be interesting to see the results this time.
Up almost 20% from new year. Galaxy going strong into 2020
Happy new year xsunxer's. Huge spike in volume on the last day of the year, building momentum for our quarter 1 run.
Lithium sector is starting to show a revovery. Q1 2020 this could run.
Well hypothetically, lets say a market maker accumulates 50,000,000 shares at .0006, thats 30 grande, then he sells everything at .0015. Profits roughly $50,000 right before end of year. Maybe thats just enough to put him in a higher tax bracket for 2019.
We need to do the same thing but positive, ask 1000 shares at .0008. This just needs momentum. But most likely those in power are waiting for the New year for tax reasons.
Your right, 1000 trade is just market manipulation to keep it down. MM's probably dont want us running until he new year
It was a solid 10k. Xsunx Doubled its annual sales compared to 2018. Looking at a nice entry point for when pps spikes to .0020's in january.
I had a feeling this would be a good stock to make a quick buck on @ .0011. Obviously longs are going to be pissed at any penny stock ceo because they're going to dilute shares and take money. Thats what penny stocks do. I wouldnt hold this thing past .0020. You want real companies you gotta spend $1 + pps
Thats cool that KTNV featured us. Reminds one that singlepoint is actually a legitimate company.
Damn ceo, I guess thats the penny stock game
Bought some at 0072 yesterday. Should I cut my losses and sell now? Seems like this is tanking
I see this trading sideways for the most part untill a pr comes out. People have already had theit profits. Good pps for accumulation none the less.
This might be one of the best comments I've ever read on ihub. As a young investor I like to moniter these stocks and learn patterns and tricks before I start seriously investing. That makes so much sense, Thanks for the knowledge !
#opti#xsnx##LAC#TSLA#eaph
New highs ? It's down 99.8% in last year and a half.
Nice Volume today, people loading for our next pps spike.
Chart looking good, primed for a 2020 Q1 run up.
Company has lost over 99% of its value YTD.. hahaha Wow
Chart looking just like it did in 16' when we rode up to .005's.
Building a solid foundation for a run here.
No reason to sell this for anything under 002's.. chart is primed
Nice momentum heading into tomorrow, i think we'll push .002's
The real run will start tomorrow after people find us on the breakout board from today's volume.
We could run this to .002's , very nice volume and our chart has been due for a while.
This stock is definately a non performer. But our chart is inevitably due for some type of run.. someday..
Our chart says we should explode, but market makers dont like us I guess..
For sure, Lets see if that huge upswing in volume can help us break into the .0010's this week.
It was a half way decent quarterly report. The people who picked up those 20+ million shares late today must have liked it.
Ceo needs to create a little bit of hope, or hype around here. Why not at least drop a pr with the idea of investing in a solar farm or something on a larger scale than what they've been doing. Swear i could run this company better.
Another solid day for us. Lots of resistance today at .008 with decent volume. Nows the time to load before we crack .01, then teens.
Thats some really good analysis. I have to agree with you. To often with penny stocks people like to complain about a company having to many shares outstanding or not enough this or that, but Welcome to penny land! All these companies are heavily flawed in one way or another. Ultimately they have the potential to skyrocket their volume and pps at a moments notice, and thats exactly why people trade penny stocks. Based on our current chart and upticks in volume it would appear we are on the verge of a possible run up.
Nice boost in volume today, and Still liking our chart. Once some market makers decide its our day; this will be a solid double or triple your money play at these levels.
Bids starting to come in, if we can get our volume over 10 mil this might start to run.
Nice volume today as well. Possible indicator of an upswing, which we are due for. I'm not sure why anybody would sell at these prices.