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OTCX and CSTI up ticked to top bids.
OTCX had that 1M+ share bid flash the other week.
The weird action in the 0.13s was also taking place last Friday.
Here is my post from then:
"mm's shuffling
100k at 0.1369 on ask earlier
now
60k 0.138 bid
all without any trades"
Doc,
Ah, yes. A reduction in o/s by purchasing the old certs would be a big bonus.
This is the real deal, none of the usual pink cr*p nonsense. If CEO Doug Heck wanted to pump this to oblivion he would've done so in 2018. I've gone back and read all the PRs from 2018 2019... no pump PRs.
This isn't a trading stock.... how many who have sold in the past month were able to buy back in cheaper?
There's much more room to run. It's not going to happen overnight, but in 1 month, 3 months, 6 months, we'll see good gains.
Rome wasn’t built in a day.
Yes, I do think the story/company/stock price will develop….
2018 sales: 6.7M
2019 sales: 9.0M (estimate)
2020 sales: 50M ?
And yes, I do think the stock price will be much higher as more contracts are announced. We’ve only touched the surface…
My WAG:
0.50 in ~2-3 months, and $1 by early Fall.
AIMHO
Friday volume 335k, still very decent (if you look at volume history, ie Jan, anything over 100k was high)
It does look like there are many besides me who think the price is still low. Buyers are still showing up on the bid, and not just 5k orders.
Still lots of news to look forward to.
My WAG:
0.50 in ~2-3 months, and $1 by early Fall.
AIMHO
mm's shuffling
100k at 0.1369 on ask earlier
now
60k 0.138 bid
all without any trades lol
I think SPSO price rise has only just begun.
This is what I’m here for: (forward events of course!)
2018 sales: 6.7M
2019 sales: 9.0M (estimate)
2020 sales: 50M ?
Have the $50M in sales backlog been finalized? Not even close.
Sure there are sellers on the ask. They’ll be happy when their orders get filled, but I’m sure the buyers will be too when further announcements are made. (I’m thinking precisely of Thoroughbread poster who sold in the 7s and wanted to buy back in cheaper but that didn’t happen – I think it’ll happen many times over for traders)
Are things going to happen overnight. No, it’s going to take many months, maybe even the entire year…. Some will be here even longer for further uplisting.
There are other potential bonuses too.
Decrease in o/s if CEO Doug Heck is able to recall/purchase some of the old certs
Potential merger/catalyst to become a national company per Twitter post.
Price chart is sweet. At 52w highs. And at historical highs for SPSO as the entity.
I’m holding.
my WAG
The financing of a few more contracts get done and announced on Twitter this week & early next week.
Contract values are amalgamated and PR'ed next week (as mentioned yesterday)
Lots more to come.... more PRs, more contracts... lots
nice!
not only:
2018 sales: 6.7M
2019 sales: 9.0M (estimate)
2020 sales: 50M ?
2020 huge growth coming
but also merger/takeover potential
Yeah, I saw the quick flash, but missed the bid size. Thx.
735k vol - sure doesn't feel like retail volume.
616k+ volume so far today. Decent, and price is holding steady.
Here’s my speculation:
This stock is easily headed to .50+. Not overnight, but this year.
I think CEO Doug Heck has been a busy beaver over late Fall 2019 and winter 2020.
Anyone get the impression we’ll be getting multiple PRs?
Look at 2019 PRs. Contracts pr’ed: $3M, 2.25M, 600k for 2 projects, 450k, 1M, 1M)
Now read CEO last Twitter post:
"I've directed my CFO & SVP of Business Development to make reducing the $50 million backlog of signed contracts & to get work started on these projects their number one priority...already moving forward with 5 contracts. I will update shareholders as each contract gets financed”
My guess, there are numerous contracts so it’ll be PRs of contracts totaling $5-8M at a time [ie 5 contracts x $1-$1.5M each]. With a backlog of $50MM, multiple PR’s going well into 2020.
We’re going to get investors and penny flippers. Lots to look forward to. Hopefully, Doug can sign a few more contracts to push the signed contracts backlog even higher.
2019 news:
https://www.spectacularsolar.com/investors-relations/news/2019/default.aspx
https://twitter.com/SPECTACULARSOL1/status/1227320022739177472
Thanks Manti.
I really like our chart. We're trading at the highs for SPSO post r/m (2018) and pretty solid consistent volume this month.
Regarding current buyers, besides the public, the members of this board (myself included), and the Board of Director who intends to purchase 2M shares, there's also the company budgeted $100k for open market purchases. Not huge amounts in the grand theme of things, but enough to move the needle. It'd be the optimal time to buy before the issuance of the press releases on actual signed and financed contracts,
2018 sales: 6.7M
2019 sales: 9.0M (estimate)
2020 sales: 50M ?
2020 huge growth coming
Thanks for the response Tiger.
The way I see it, the old cert holders are probably very pleased with getting these ‘top’ prices after holding all these years, as the PPS is now at the uppermost range since the r/m of the company into SNTL/SPSO. But the current buyers are looking forward and seeing what increased revenues will do to the current prices. Count me in this latter camp. I see prices way way above .08, but that’s just me.
.071 x .072
140k on the bid
Tiger is that you buying more?
btw, I got the .055s yesterday. I'm still a buyer too.
Hi Manti,
Since you’re one of the oldies on this board, I’ll direct this to you.
Well, it doesn’t seem that there isn’t any dilution by the company, but can you comment on the old cert situation? Any ideas about how much is floating around?
catching up on some older posts/dd
Their new in-counsel hire from 4 weeks ago
https://www.linkedin.com/posts/tarapomparelli_i-am-thrilled-to-announce-that-i-will-be-activity-6623207726895902721-QTta
Makes sense. With $50 million backlog of contracts, better to have own lawyer to write up the contracts.
Nice volume for a non-news day. Can there really be a short in this? If so, they'll run it up... and play their usual games. I'm in this long term.