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This looks like what he's talking about...really (really) big potential here. They're getting the same performance from half the number of these batteries as compared to the ones currently in use.
http://evdl.org/archive/#nabble-td3259812
Hopefully the link works...
I agree. I think as things progress and word gets out about this stock, it'll be up up up. In the short term, I see it meandering around where we are for a bit (maybe even a bit lower) and then upward and onward (need to close above .75 and then above .82-.83 range). I think we'll get a kick after next week's mining expo. All IMHO, of course, as I'm frequently wrong, and fairly boneheaded.
This ran up so fast, it's due for a breather. I'm not worried at this point because this is a long term deal.
Thanks! I knew I should have looked at the powerpoint. Now I remember seeing the 2014 production estimate somewhere before...I think my brain's full.
Looks like it's consolidating right now, and the higher lows indicate the upward trend is still intact, IMO. I loaded up yesterday, so I'm ready.
I read the entire preliminary economic assessment the other day. Good stuff...Forced me to dig out (no pun intended) all that high school chemistry knowledge from the far reaches of my brain.
Does anybody have an idea how long the permitting process is likely to take? I know it's not a fast process; I just don't have an idea of how long.
Moe
Cool. Thanks. I'm in as soon as funds clear. I wouldn't mind seeing a bit more of a pullback.
Hi. I'm new on this one - I don't post much but I do read a lot on this site. MWM - I read all of the DD you've posted. Great job. This one looks like it has real promise!
I have a question. Is there any real downside to buying the pink sheet stock offered in the US over buying the stock on the Canadian exchange? They seem to track pretty well together. I just don't have enough experience with foreign stocks that are also offered on US exchanges to formulate the pros and cons (BTW, I'm not seeking investment advice here..just looking to see what others experiences are).
Thanks,
Moe
Or flip it and make money..Your choice.
I don't have L2 at work...who has been on the bid all day? That will give you the answer as to which MM the company uses when they issue shares. Look for that MM in the future (chances are it isn't a MM you usually see on the bid).
I think you're right...
I show the bid size at 10 Million...Is that correct? I've never seen one that big before.
Hi everyone. I'm looking at this one for the first time. Does anybody know how many shares are CURRENTLY outstanding? Thanks in advance.
Significant resistance at .05, although a 200K buy just went through. Need to break through this level....
Yep, that's what I'm guessing, too. Oh well, maybe next week. GLTY
No, I don't do those...Just a regular limit order.
Ok thanks...I thought my broker really sucked or something.
Did you actually execute such a trade? I've had orders in all week for .042 (buy) and haven't had one executed...
That's a good article, and is how I've viewed SPNG the whole time. I guess time will tell who's right!! I doubt it will be Sykes. But what do I know.
No, your numbers aren't correct. A 1/100 reverse split on a .13 price per share equals $13.00 share price post-split, NOT 1.30. A 1/10 reverse split would yield a price of $1.30. You're off by a factor of 10.
Nice try. Even better math.
About the same as happened in the US today....
http://finance.yahoo.com/q?s=KBT.F
Could be. If this will force the accounting of shares for the r/s, then that might force a squeeze. You never know.
Exactly...nothing has changed fundamentally, and they're going to uplist. And this is a bad thing how??????
That's true. But the company can dilute literally any time it wants anyway, but they haven't been doing that. Is there a possibility of dilution? Yes. But there is always that possibility. Either you trust the company is not diluting or you don't. If you don't, then sell. Simple as that.
What would a 1/10 accomplish? That would take them to 1.50 to 2.00 (10 times .15 - .20 where we are now). They need 4.00 for the nas. So they would still need to increase the share price a bunch. Why not just take it to $15 to $20 after the r/s? That way they have it covered.
Here's what I think about the r/s:
1: The only "harm" it causes is the assignment of a new ticker. That was the main reason mgmt. said they didn't want to do it. My opinion is it doesn't make a damn bit of difference what their ticker is.
2: I think people hear reverse split and have an instant gut-turning reaction because most reverse splits on the BB or pink sheets are because the company can't fund itself and issued as many shares of stock possible. NOT the case here. IT'S TOTALLY DIFFERENT IF THE COMPANY IS DOING IT FOR UPLISTING REASONS!!!
3: Management didn't rule out a r/s entirely, they just said they didn't want to do one if they didn't have to. Well, I don't see the share price getting anywhere near the $4.00 per share necessary for the nas without it.
4: This is no big deal as long as the company doesn't use it as a dilution tool, which I don't see them doing.
All IMO, of course.
I don't see anything beyond 90 days, according to the SEC. That would put them late now...maybe SM was implying that nobody cares if it's 10 days late (or maybe there's a grace period or something). I don't know...Here's the link.
http://www.sec.gov/answers/form10k.htm
This very well could be the start of the squeeze. We'll find out soon enough.
Wow. I think your reply is to some other post. Or maybe I'm in a parallel universe or something.
Hope you're right!!!
Good question. There's obviously some big money messing with this, but who and what they're doing isn't clear to me at this point. It wouldn't make sense if it was MM's or others covering...like you said why would they be selling them back. You got me...but it's an interesting one to watch, that's for sure. Let's see this thing gap up tomorrow and keep going!!!
there probably is some sort of formula based on the size of the short position...problem is, we don't know the size of this one. This isn't a traditional short squeeze, this is a squeeze of shares that aren't supposed to exist, so we just have maybe possibly an idea of how many illegal shares are out there and need to be covered.
Once the squeeze starts, the ability of anyone to manipulate the price back down is almost zero. You're seeing attempts at it now, but buy-side demand is too high. I think Black Friday was the last real downward maniuplation we're likely to see..Just my opinion of course!!
Just my opinion...but if you hold too long during a squeeze, you will lose out. The typical short squeeze runs up really fast, peaks, and then falls back very very quickly. Problem is, nobody knows just where the top is, so they graduate their sells into the run. If you try to catch it after it falls, you are too late. There is no science that i know of to predict the magnitude of the squeeze...on a true MOASS, they can go very very high.
gonna need some major OOOMMMPPHHHH to get past it.
True, but nonetheless, I'd be happy to pay a million or two in taxes!! Because that would mean millions left for me...
Excellent post NO BS!! That really was no bs!
Stox - Thanks for the reply. Your explanation of the naked short issue is about the best I've seen. I think you're right, it will be called in at some point, and there's many ways that it can happen.
In the meantime, we'll all just wait it out...
Great post Stox. I absolutely agree with your position, and I even understood the majority of what you said this time!!
It's been my theory for the past couple weeks (since we've been on the Reg. SHO list) that at least some of the naked short FTD's from before popped up on the radar. This is just speculation, but the timing is right. I think the word of the share structure change combined with an increase in the share price combined to force someone out of their hole. Again, just speculation, but the timing is sure interesting...
Thanks again for your insight...in the absolute.
We're kind of in new territory here, since the SEC just fairly recently started enforcing the FTD problem. And there was a new regulation that went into effect today (somebody posted on it the other day) that makes disclosure of MM to MM trades mandatory. So I think you're right...we'll know when it happens.
So it's time to pay the piper!!! Or will be shortly. If this does in fact include all the previous FTD's, this will be a massive squeeze. I wonder if all the weird Z, T, and U trades posted late today have anything to do with that??
I'll edit this because I took a closer look. The FTD's do seem like a lot, but the volume was pretty big on those as well. It may have something to do with past FTD's catching up, or it may have to do with the volume. So, disregard what I said initially (which you can't see now since I edited).