Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yesterday's BIG volume was a SELL
Tradestation allowed me to look back on the time & sales for yesterday.
I posted what I have below.
Looks like a sell that was broken into smaller batches with some large blocks at below bid. Maybe the market maker took the shares at below bid to fill the order and average down on whatever they have left.
Those were some big trades. Perhaps someone got tired of looking at that huge angry red hole in their portfolio.
Maybe it was one of the insiders dumping some shares so they could buy something nice. Don't forget the vast majority of their shares were gifted to them. Dropping 400 million free shares in trade for $40,000 in cash sounds like a pretty sweet deal.
And, of course, you can't provide any proof.
Is that the institution that dropped a whopping $125 into this POS?
To an institution that's like a cup of coffee for more people.
What is the float?
About $40,000 changed hands yesterday. Yes, that's quite a bit.
There is just NO PROOF that all those transactions for various amounts were made by the same person. In fact it makes way more sense that it was made by several people.
Sure wish I'd taken a screenshot of the time & sales yesterday.
I'd say that the buying yesterday was done by less than way less than 40 people. Those are the ones that either will be doing the pumping or those who are following the people who do the pumping. A few $5,000 bets and a few $1,000 bets along with various others and pretty soon you've got $40,000. It could have easily been less than 10 people.
Now all the gotta do is find someone gullible enough to buy 2s. That's an easy 100% gainer. This is how penny stocks are played....
Nobody invests in anything without good reason.
You are asking for things that aren't really important. How are you supposed to prove a pump or not with the questions you're asking.
Why don't you try to prove it's not?
How about a link to anything at all that indicates that this not just another zombie ticker?
The company doesn't even post on Twitter or Facebook anymore.
They're not moving forward with anything...
It's a pump because there are people here making outrageous and unsupported claims.
Must be insiders buying.
Making comparisons to Walmart and Sun Edison.
Ect...
The company has been DEAD SILENT for a very long time. This is an amateur pump. Nothing more...
PUMP PUMP PUMP
The rookies are buying...
That's a really simple question.
I expect the same number of towers built in the future as have been built in the past.
0
The science behind the project does matter. If the science were actually within reason the company could get money from other sources. Why hasn't an angel investor at least provided money to proove that it works? It's plastered all over the Internet. Surely someone at Google has seen it.
This is what a legitimate experimental solar project looks like.
https://en.m.wikipedia.org/wiki/Ivanpah_Solar_Power_Facility
I guess you hadn't noticed California is in a severe drought. Why would anyone in their right mind build a $1,500,000,000 power plant that runs on water nearby? The Solar Wind Energy Tower would be taking its water from the same aquifer that the City of Los Angeles gets its drinking water from. Nobody is going to fund a project like this that competes with millions of people for water.
The water table is rapidly dropping in the area. The Salton Flats was a resort community not long ago. Now it's a smelly dried up lake. I would imagine that billions were lost by the rapid change in the weather of the area.
Here's proof...
http://www.desertusa.com/salton/salton.html
This tower will never be built...
That's absolutely hilarious...
If that were true then you'd be sitting quietly on your smelly little gold mine and spend your time with other tickers trying for those DAILY GAINS.
I guess the rookies gotta learn somewhere. Don't you feel a little guilty stealing from the newbies?
Isn't it amazing...
With the BILLIONS in the float there's literally an endless supply.
You're not the first optimist who tried to kick this dead horse. I'm pretty sure that most of them ended up losing money.
Looks like you'll get your nice 70% - 90% gainer pretty soon. Looks like the fools are buying the BS.
I'm assuming that you averaged in some 2s to give the impression that someone was stupid enough to buy 2s.
Well played...
You're a bigger gambler than I...
Yeah, I didn't know what to make of that statement either.
There are no purchase orders. There never were any purchase orders. There never were supposed to be any purchase orders. If the company had managed to build their unicorn of a tower sale of electricity would have been made through power purchase agreements.
The only documents that have ever been important to the company are convertible notes.
I don't think that it was a coincidence that the company lost interest and went silent once PPS dropped and demand for shares dried up. Note buyers aren't interested in making deals if they can't get their money back.
Actually, I'm thinking that since the company has stopped communicating that eventually the conversation on ihub will die as well.
Unless the company suddenly comes back from the dead there isn't anything to discuss.
Now I understand.
The 1,250,000 is what the new institutional investor bought that someone mentioned, right?
For an institution $125 is pretty much like 12 1/2 cents would be to most people. It's a dirt cheap lottery ticket.
For every buy there's a sell.
It's been NO BID quite a few days lately. Any buy orders are quickly filled.
Letting money sit where the price is not moving is just as good as loosimg money.
The member you're talking to has been interested in this company since before I was. I've been here for 2 years. He's a well educated pessimist.
You're long on words and short on proof.
If you are as confident as you say you are why not work on something else that will make you money now? After all, daily games er, I mean gains is your strategy, right? Why "share" the special knowledge you have. Pure humanitarian? Doubtful...
The trading the last few weeks is just someone pumping the stock trying to steal some money.
Yeah, but it had an expiration date.
If they are "busy" looking for financing what happened to the deal they had? All Ron needed was to sign purchase agreements. It's all right there in the filings. I ain't got a clue what you are looking at.
The last filing was a "promise" to file the financial report. He did not keep his word on the small promise. That means that he's going to come through with the BIG PROMISE?
I DON'T THINK SO.
Take a look at the 2 year chart.
That black diamond ski slope would be enough for most people to understand.
U still holding the bag on this?
Didn't get lucky with those 2's that the idiots were buying?
Too bad...
So sad...
You're a little late to the party...
They tried to get off the ground AND FAILED.
They haven't even bothered filing financial reports. Apparently, there's nothing to report.
Company was funded ENTIRELY by the sale of stock. No the insiders didn't sell their stock. Ron is too sneaky for that. He sold convertible notes which were converted and sold into the market.
My theory on the "insider buying" is two fold.
1. It's a great pump. They were all out of jokers so it was a last resort try. Apparently, it worked since people are still talking about it and throwing money at it. REMEMBER ALL THE MONEY THEY ALREADY STOLE FROM INVESTORS. The Insider buying was only a small percentage of the millions they've made.
2. The note holders were probably threatening law suits. Even with the deep deep discounts they got the rapidly falling PPS probably had them scared. The "insider trades" happened outside of the market. Check out the date & volume at price. The insiders bought shares from the note holders to avoid a lawsuit leaving gullible investors holding the bag.
The only documents that have EVER been filled are for convertible notes. Take a look for yourself.
https://www.lawinsider.com/company/95572/solar-wind-energy-tower-inc
This horse is dead...
Let it go peacefully
It's been no bid for several days.
That's how it should stay...
Ooops, yeah I had the other guy in mind when I posted.
Honesty, I also had the iHub support guy in mind at the time. I canceled my subscription and was kinda surprised that they billed me again.
Line 15 of the terms says that they need 30 days notice to cancel. That's pretty much stealing from my perspective. I bet the exec who came up with that one got a nice bonus.
Line 16 says that iHub can cancel immediately for various reasons such as non payment.
You do realize that the goal of trading stocks is to make a profit.
How does someone going short expect to make a profit from a stock trading at the lowest possible price in the sewer that is the OTC?
There's other, more logical, explanations for the insiders trades.
My theory revolves around their relationship with the note holders. As the price dropped they were probably worried about getting their money back. They were probably threatening lawsuits. Buying them out would keep them happy.
A stinky pinky CEO has to have a good relationship with the shady lenders who are unscrupulous enough to do such deals. They can't just walk into Wells Fargo and get a loan.
After all, it was money they were given by writing the convertible notes in the first place. Giving a small percentage back might have been difficult but if you look at the total amount of money they've extracted from this little scheme over the years it was a trivial amount.
Plus, insider buying is a great way to pump a stock...
If one of the insiders did tell a single investor something important that isn't available to any other investors wouldn't that be illegal?
Seems to me that such disclosure could lead to prosecution of the Insider as well as the investor who is trading on the information.
This stock has been boring for quite awhile. Having the SEC file insider trading lawsuits would certainly be exciting.
So now they have purchase agreements but no financing?
Last year it was they have financing but no purchase agreements.
Kinda weird how there wasn't any overlap on that 100% turn of events where they had both at the same time.
Something smells funny...
It's already failed...
Isn't it obvious that most everyone knows that?
A company that builds power plants doesn't trade at the lowest price possible in the OTC.
I, and several others around here, have been following this stock for years now. I used to be an optimist but reality eventually sank in.
Buyers at 0001 are just sellers at 0002. All they gotta do is talk one of the newbies into buying their shares. I'm just trying to discourage the newbies.
So if everything is coming up roses what's the holdup? Why don't they just go ahead and build their tower?
You're spinning up an optimistic outlook but there's obviously more to the story.
Penny stock CEOs and their buddies are always optimistic. They're always just about to do something that will change the World and make "smart" investors rich. Unfortunately, the vast majority of them fail to deliver.
That trade happened outside of normal trading. I can't say how it happened. There's just no way it could have been a open market trade. If it had been open market it would have been matched at. 0002. Last time I looked there were millions and millions of shares waiting to be sold at . 0002. You shouldn't be able to just skip everybody and make a sale so far up the scale.
There's been some shady manipulation going on in SWET. Someone has been trying to create the impression that there's interest here.
Although, It's hard to say what trade is manipulation and which is just another bag holder taking on some weight the trades that show up in black are the most likely. They're special in some way. I've seen lots of trades that print as a .0002 which are actually .00015. Most people can't enter that amount for a trade. Also, most people pay a minimum commission that makes a very small trade impossible to make a profit with. The only viable reason I can come up with is they're just baiting the hook by making small trades that average into their larger holdings at a lower price. Who knows, maybe they bought a pile of shares below .0001. I guess it's possible...
My guess on that 15000 share trade was made somehow by the same manipulator who has made most of the small to medium sized trades at .0002 lately. People notice spikes. Only thing is only 15000 shares in a penny stock is pretty much ignored.
Here's the time & sales for today.
I'm just trying to get the other poster to provide his source.
My suspicion is that there isn't a source.
I noticed that your still repeating the rumor that the land agreement was extended. Unfortunately, you haven't saw fit to provide a source for your belief.
Seeing it in a dream doesn't count...
Time & Sales for 8-8-2016
See Pic At Bottom of Post
There was a lot of volume yesterday.
I'd like to document that the vast majority of it was at 0001. Wouldn't want anyone to think that this POS is fixing to start moving.
Ain't no reason to get all excited and throw your money into 0002s. Remember you're supposed to be making a profit. Take a quick look at the chart. There hasn't been any 0003s sold for a very, very long time.
If you feel like gambling on this POS then drop a GTC bid on 0001 and wait. At least this way you have a pretty good chance of getting out flat. Buying 2s will probably end up with a 50% loss.
If you get a fill then you can play the game with the rest of the clowns trying to sell 2s. That's a nice 100% gainer. Not many people turn that down.
GLTA
Except Pumpers...
I'm not going to be in a city that is interesting to me. The two choices are both pretty small places.
I do have a bicycle with me now. I'll probably ride around during the day and see what's around the area. Maybe try to get out of town a little and get back in touch with nature.
I'm packing for three days out of the truck. I'm hoping it'll be quick but it kinda depends on how busy the shop is and what the problem is.
Right now it idles but I don't get any throttle response. It's probably something with the DPF system. We had to update the trucks for emissions in California. There's a big filter on the exhaust. It's a constant source of error codes and issues.
Should be mute is that the board should be as dead as the stock. Only time it comes to life is when a new pumper shows up.
WooHoooo, I managed to get to this board on my phone using the app. I am broke down on I-77 just North of Charlotte, NC and don't have Internet on my laptop.
The primary and throwaway account thing was working with the theory that the guy who created a new account just to ask a question and the newest pumper are the same guy. Just a theory of course...
News is essentially free advertising. If you can spin up a good enough story they'll put it up for free. I imagine that Ron called them up and talked them into doing a story.
There's a Solar generating station in California right near the Nevada border. I've driven past it many times. It's not plastered all over the news like SWET was. However, it does have a wiki page.
https://en.m.wikipedia.org/wiki/Ivanpah_Solar_Power_Facility
This is how real projects work. Google helped fund it along with various other legitimate sources.
Sure, a penny stock CEO would love to get their story on the news. It's a great way to get their story out to the target audience of GULLIBLE, NEWBIE, WANNA BE INVESTORS.
Should be mute...
Freudian Slip
Isn't having a primary and a throwaway account a TOS violation?
You're talking about the Mayor of San Luis? I don't think that it got up to the level of Governor. If this was a scam then, obviously, he was duped just like everyone else.
Plus, he really wanted to believe. If this thing was built it would have been huge for his little two horse town.
So how many 2s are you trying to sell? The penny stock game for tickers like this is all about trying to get the gullible newbies to buy your shares.
Your question doesn't matter. Whether it was a scam or not is a mute point at this moment in time.
The company is broke.
They were entirely funded through convertible notes. All of which were converted and sold.
The Insiders pulled a shady deal and bought shares directly from the note holders. They made it look like open market buys but if you check the volume at price for the days in question they don't add up.
I think It's been a couple years now since they had a fresh pile of cash to play with.
Every penny on all of the various financials came from investors.
Now that the share price has bottomed out and the volume has essentially dried up there with be no new convertible notes.
They haven't bothered filing financials lately since there's obviously nothing to report.
The deal with the landowner has expired. I know there's been someone saying that it's been extended but so far he hasn't proven his claim.
There's lots of better tickers to play with. This one is pretty much just a zombie.