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.
:) ouch!
I actually do know the difference, I just think it's everyone else who doesn't!
I see the # from June, and it's a miniscule number. There will not be a short squeeze on 100,000 shares. I wonder if there's a way to get updated and verifiable short interest information. June is a long time ago.
Thing is, I just always see people posting about a squeeze and shorts better worry and all that... I think they equate "short volume' with "short interest" and end up WAYYYY overstating or overthinking what short interest actually is.
In this case, I don't believe there is any short interest to speak of... or at least I have never seen anything that would show it.
Anyway, rough day for the market either way. Tough to go on a run when we're down this much.
Good luck everyone!
I do know that much.. I guess my question is... where do we see a 'short interest' listed.
Any time I've seen a short interest number given, it's pretty low.. Often, people give the 'short volume' as the short interest, but that isn't correct.
Does anyone know where we can actually see an up to date 'short interest' for this one? If it's truly just 100,000 shares, then that's just nothing to speak about.
I know this seems dense, but I see nothing on this chart that tells me how many shares are short.
As I understand it, short volume is just people selling rather than people buying. The blue line is just the rolling ratio of buys to sells and has nothing to do with the total.
I'd love it if 100mil shares were short, I just don't know if that's the case. 90 million shares were sold into the ask the other day, but I don't think that's people shorting, that's just people selling.
well you tell me. Another poster says the short interest total is 100,000 shares. Not very much.
Are you talking about actual shares being shorted, or are you asking if there will be more sellers than buyers?
I think we'll see more buyers than sellers and we'll close nice and green. We shall see!
So where are you seeing 92,339? Is that the total # of shares short? That's really not a lot.... a rounding error for market makers...
I'm just not clear what this chart below tells us. The 'short' volume as I understand it, is just people selling rather than buying. Correct me if I'm wrong on that.
I think this is a winner either way... but there is not going to be a short squeeze on 100,000 short shares. I've heard the number of shares short is actually very, very small... but it's just hard to tell.
Anyway, GL to us!
great post, should probably be stickied or something.
Agree that there are lots of positive near term catalysts.
I'd think that shorts would have left this one alone by now... a squeeze seems to be a rather distinct possibility with any more news.
Curious where you're seeing short interest. I know there are daily short trades and short volumes charts... but I don't know that anyone really knows how many shares are short... or if there are naked shorts, or whatever. Really hope there are eventually rules and transparancy around shorting.. but in the meantime, I'm curious where you think the # is.
This CO has close to 4,000 twitter followers... many of whom will retweet/buy etc if good news hits. Can't imagine wanting to short in that scenario, but better for us if they do I guess.....
We are at 2 cents, about a 50% gain from a couple of days ago....
Great tweets lately. Shorts had a fine day but it didn't get even close to offsetting their bad day the day prior.
I have no problem with market makers either, though.. They're just trying to make a profit. If traders value this higher, it will go higher. Until then, I can enjoy buying up a few cheap ones.
Enjoy Thanksgiving. Congrats to those who were able to cover a bit yesterday, I don't know if that chance will come along again.
Last night I had a dream we hit 35 cents. Sounds high, but a year ago I had a dream like that (that we hit 12 cents, I think). and we were there just a couple of months later, kind of out of nowhere.
So.... who knows?
Happy Thanksgiving everyone!
well congrats on some nice trades. You are correct that at the end of today that's accurate... but eventually, we will be more than pennies, and may potentially be on the QB.
Lots of good things happening. Long-term, it may not be just a penny stock forever. We shall see.....
Let it stay down and let good folks load up....
I know this is going to sound cheesy, but with Thanksgiving and all coming up... I'm thankful that I stumbled across this winner.
Get some rest everyone, could be a few crazy weeks ahead!
I think it's a reasonable question... but just not a concern as I see it. Nick is all in on SNPW regardless of whatever else is going on. You know he's owed over $1mil in back pay from SNPW. If he is able to sustain himself without foreclosing all the assets of the company, that is most certainly good for us.
Frankly, I don't know how he's able to work on these ventures (UL, Durango, Aus) with the resources we've got... but however he's doing it.. I'm certainly not complaining. Those panels look great... and HUGE props to Nick for getting that production going.
Again, I think it's a reasonable question about other entities, but frankly, I'm just not concerned. As Dagaz said, it's probably good for us holders.
Great week thus far and looking forward to many more!
Fair.. but by that logic, everything is undervalued. Capitalize on that by investing in the things they've driven down. Would love if snpw became the next gme or amc.
If people band together and find assets that are under-valued and driven down and then buy those up, that is what will resolve the issue. Amc and gme are multi billion dollar companies. This one is just a few million.. so it would take far fewer people to have the same effect.
Problem is... how do you sort through the junkers, because every one with a penny stock is thinking the same thing and trying to get theirs to be "the one".. The way I see it, buy if it's low, and over time the success of the co will sort any issues out.
Good luck!
Who cares what market makers do?
If you think it's cheap, then celebrate and buy more. I added a few today.. Glad there was a drop as it made those shares a little cheaper.
Unless you are flipping, whatever the mms do shouldn't matter.
If Nick's vision comes to fruition, we will be making a fortune and mms won't have any impact.
Thing is, a ton of shares traded yesterday, and a ton are trading today. mms don't care about the price, they just want to make money. If ever retail trader thinks this is worth over 3 cents and is buying under 3 cents, it will close there no matter what the mms do.
Good luck!
Snagged 3000 shares at $0.02145 this morning. Wohoooo!
Those tweets about the panels are exciting. I hope everything continues to come together.
Close to 1/5 SNPW shares traded today. That's pretty crazy.
Always nice to have a company with less than 1 billion shares.
Nick owns the rights to a bunch more, but as I recall can't exercise them at less than 10 cents a share, and I think whenever he does he gets like a 20% discount... nothing crazy, and perhaps the CO would just cash him out rather than pay in shares anyway.
Either way, it would just take a day or two of trades into strong hands to lock this up.. I know that there's a lot of flipping and flopping, but I'm hoping some of these shares are going to long-term holders, and it will get locked tighter and tighter for the next round of big news.
Exciting to see some green... The RI thing was a raw deal but as I've said before, NIck kept going and didn't let the setback stop him. Really can't wait until UL approval of those panels. This day could look like nothing, and maybe even January would look small. We shall see....
Holiday week, I honestly don't think we'll see the highs of Jan. Would love to, just don't see it happening. However, if we start next week off with some new news to stack on this one... anything can happen
What a day and what a close. Thing is, and I don't mean this in a bad way, but this news was minor compared to what *could* be on the way with Durango and UL.
I don't know where it will go.... but I'm much happier being long than short headed into the next day.
Really hope to see continued success. Nick has shown that he can lock big things down. A lot of people on the OTC are all talk. Nick is action and but for RI-Dem and that mess, we'd already be going.
Anyway, congrats to all on the first of hopefully many!
Love it... This is great news, and gives additional confidence that the other items will come to fruition as well. Big jump like this on good news... imagine what it will be when Durango gets funded and breaks ground. Imagine what it will be when UL approval comes through.
I agree with and have theorized myself that a lot of shares are tightly held here by the big holders.
Hopefully this is just the first of many.....
it's up over 100% today. i'd say thats somewhere. how much more were you hoping for ?
nice news!
As usual, nothing too extreme in the filing. If we get some projects going, this will hit big. If not, it won't. Should know by end of year since we're told groundbreaking will be by then.
Bus shelter revenues seem good. It's a nice to have, but will not make nor break the company.
Overall, a very slight positive and that's mostly just because it got filed in what I personally consider a timely manner. I understand that there's disagreement about that, but we filed an extension, got it done, and are compliant.... which is good with me.
GLTA
I agree with this.
Precedent can only take us so far. In fact, this case and how it's handled and paid will likely be a benchmark for other cases going forward.
The longer it takes the more it seems it would be. It usually doesn't take this long, but usually doesn't involve this much money.
Defendants might be a good short position to take on day 1 after payout.
That's kind of what I'm thinking too! I know there's a bit of wishful thinking mixed in with that, but I still think it's reasonable.
Nick has said groundbreaking by end of year. We're not too far off from there, so it does kind of line up!
This is awesome, thank you as always.
Love your optimism and hope you are correct.
Blessings/Safe Travels!
Good evening! The final 230 page transcript is available and is pretty interesting reading. A search for 'cookie' shows that this starts around page 200.
Reading the last couple of pages.... the defense moves to dismiss for lack of proof and the judge essentially says.... "nope, let the jury decide".
I get the sense that defense went into day 1 of the trial planning to cave unless the plaintiff case just fell apart. I believe they were never planning on going more than a day. I believe they were just hoping the evidence wasn't solid or the plaintiff tripped up and perhaps they could sneak a dismissal in. Didn't happenm and they knew they were beat.
I don't see how anyone could read what I read and conclude that we are just looking at gt*o sheckels. The defense was on the ropes, saw that they were, and gave in.
Have a great weekend everyone!
There hasn't really been much dilution here. Yes, we did sell a significant interest in the med-recycler project, so I believe SNPW owned about 50% of that.... but it didn't dilute SNPW stock.
I get the sense that we have funding/funding partners ready to go when any of these things have final permitting and go forward.
The authorization is only for a billion shares so there's not a lot of share dilution that could happen right now anyway.
Nick owns/owns the rights to a bunch of shares so it's not in his interest to see that diminished.
He's been adamant for years that we don't have R/S, dilution, etc. Thus far, the proof has been in the pudding and what he's said has been accurate.
We shall see what happens!
They do own a bunch, but I think those things only affect day to day pricing. I think on big news if we move up, I think we'll also see that retail folks own quite a few.
We have less than a billion shares here. I don't think that's extreme.
Regardless, I think share price and float have to be looked at together.. You can't draw a conclusion on one without the other.
Right now, our market cap is around $12million.
Over the long term I believe it should be much higher as things work out, but even in the present, I think fair value is at least twice that.
If people are able to successfully flip, I have no problem with that.. and perhaps even a bit of envy.
GLTA!
Ahhhh I didn't even catch it. Thanks for assuaging my guilt over something I apparently didn't do! :)
Either way.. good things happening around here.
Those who think the market is efficient have not been following this company.
GLTA
Glad for the drop, I added a few with my last $.... Will add some more next month when the tax credit comes in again.
I thought the podcast was great and I think exciting times are ahead of us.
Not clear why anyone would be selling here except that it's a quick flip from prices over the past few weeks. That said, I think the news justifies it and then some.
Anyway, congrats to everyone who has been able to pick off some shares here, I don't think it will stay for long.
GLTA
I'm not for making fun of the blind... but where is that coming from?
Are you blind? If so, props!
I was asking about the food because I believe Gary's wife had a great lasagna recipe so it's just tradition for a visitor to report whatever they eat when headed out that way.
Have a great trip!
I'm curious if they're setting up for the crystals yet and have, or are working on, the infrastructure to produce those.
Would also be generally interested in what looks/feels different since you were there two years ago.
Lastly, we need a report on any food you eat. That's just par for the course.
Have a great trip!
You're probably right.
I own a whole bunch already though.. If I miss out on this purchase and it goes to dollars, I will not be sad at all :)
Every time I've bought it drops, so maybe if I switch my approach it will avoid the jinx I always seem to bring :)
Great to have you back and glad that what you bought is already green. Yeah we really did suffer through some shenanigans and pie in the sky type stuff, but I really feel like this is a great time, and I envy the people who can get in at this price.
A $1.4mil prepayment on a ~$13mil market cap stock? When does that happen?
I will say.. I think (as another poster pointed out, and the Co. confirmed) that it could take a bit for EPA approval on the crystals. That's a nice to have, but my thesis isn't really based on that.. I think I'd have the same outlook, crystals or not.
That said, nice that they were able to buy the cyrstal patent AND pay off the potentially toxic debt around the same time. That shows that the funds are flowing!
Hopefully our other one pays off soon and if it does... I'll probably add a few here :) GL Sir!
I know everyone says the same thing about pennies, but I really think this will be true.. There are a group of people here who've been here 2,3 or more years. Average ranges are all over the place, but regardless... I really do think we have a much higher proportion of 'long-term' holders than the average penny stock.
My average is about 2.5 cents and I'm not selling anywhere near that. I know most others aren't either. We have a product, we have facilities, we have DE, EGOLD, and others keeping an eye on things, and we have more than one potentially world-changing technologies... that are on the cusp of just exploding in use.
When this pops, I think the rise could be the likes of which we've never seen. I'm not making any recommendations here, just staying observations. I don't think we have a ton of big holders who are going to flip at 3,4,5 cents, etc. Because of that... the ask is going to get very thin very quick if this gets going. Will be exciting to see. Leaving my bid out there at $0.0142. Not sure whether it will ever get hit or not. Either way works for me!
Congrats to all on what is going to be a crazy ride ahead.
Who cares where we close in 1 month, 6 months, etc.?? The better question is where do we close in 2 years, 5 years, 10 years, as things continue to unfold! :)
BAZINGA!
Seriously though.. I agree.. doesn't change anything.. certainly not selling for 2 cents... but... it would be nice to personally be in the green before the end of the year.
2.5 cents. Let's do it!
Do we close the week above 2 cents? Don't see why not.
WTI holding steady above $80 per barrell. No surprise that we're getting prepayments. Perhaps it's an equipment order, perhaps it's simply locking in all the product we can produce.
Either way, this is not the kind of thing you see with OTC penny stocks. $1.5mil is no joke, and it's just a drop in the bucket when you look at what's to come.
Exciting times ahead. Loved the Q report, loved the toxic payoff, and frankly, I like that Auctus financial is causing trouble because maybe it means my $0.0142 bid for 70k shares gets filled.
I don't care at all about prior revenues or any of that.. I'm just excited that we're on a good financial footing as we head into the next year.
Can't see us staying at these prices for long.
GLTA
I mean..... We always do get it, that's the thing. So many penny stocks get de-listed or revoked because they don't file, or are just months and months or even years later.
I own this other stock that would have been worth a fortune now but the guy let it lapse and got delisted and now there are tons of court cases flying around about it.. negligence, neglect, fraud, and all that.
With that backdrop, the glass is 99% full here for me. Would I like to see the 10-Q earlier? Sure. But as long as SNPW is compliant (they are) I'm just not going to get worked up about waiting a few days for a Q, especially when it's likely something Nick can't control.
my grandma-in-law would go to mcdonalds and order burgers medium-rare, have all these specifications about the seeds on the bun and placement of ketchup and everything as if she was at Ruth's Chris Steakhouse or something. mcdonalds is great, I used to work there, but it's no Ruth's Chris. Same concept applies here. If you are going to invest in penny stocks, I think you have to have a little flexibility on stuff like this. There are always TONS of NT 10ks flying around this time of year in penny land. In fact, I'm in another one that just filed 'timely' for the first time in two years.
Anyway, good luck to us all, have a good one!
Sloppy, perhaps... but it's just so common among penny stocks. In many cases.. it's due to external factors.
I'd love for everything to be "on time", don't get me wrong, just not a huge red flag or anything for me.
We'll see!
As I understand it this is a reasonable and allowable extension... kind of like if one files their taxes by 10-15 as opposed to 4-15.
As far as pennies go, I think SNPW has done reasonably well in getting filings done in the past.
I agree that ideally it's here already and all.... just saying that it's not considered delinquent or anything yet.
Company has been very quiet on Twitter lately. I hope that means we're close to something big!
Seriously, I think they do it to load up cheap while the co. has to deal with it.. you'd think the SEC would frown on that.
Good thing we're done with those guys