$FROZ: My Thoughts Here with American Performance Technologies
I’ve been asked by a few for my thoughts and opinions, so I’d like to take a moment to convey those. Please feel free to read, or pass this up at your discretion. I've tried to be as unbiased as possible considering all the work in the iBox and throughout the past 2-months.
The below is based on my ideology and I understand there will be some who may discredit or disagree with my thoughts - No hard feelings; everyone is entitled to their thoughts and decisions.
Guess the biggest question is…. Where do I begin? Okay…
Share Structure:
This seems to be the scariest topic for so many; especially those new to trading or this ticker. Now people are looking at the O/S, but need to take a few things into consideration... the preferred shares are not actively traded for at least 12-18 months and I honestly don't believe the company is going to turn around and begin killing the PPS - it doesn't benefit anyone to do so.
HOWEVER, the shares do provide leverage into other venture deals, provide incentive for expansion, partners, and much more.
A/S: 20B (this has been the case since 2011)
O/S: 3,909,937,651 (but read the below as to why the O/S is labeled as ~999M, 999,435,687 to be exact)
Float: I am just going with the ~999M here (everyone has an opinion and that's fine)
Restricted Shares: 2,910,501,964 (up to 12-18 months)
The Shares Outstanding as of 4/14/2014 equals 3,909,937,651 (as disclosed in the latest 10-K and identified in the iBox [2]) Many are questioning the O/S of ~999M. Since the restricted shares are held up for 12-18 months the ideology behind this is to subtract (2,910,501,964) them from the O/S. Granted this is the same concept used to identify the Float, thus why I labeled the Float the same.
46,692,000...Schissler Matthew Lawrence...FROZ)
46,592,000...Jonathan F. Irwin, CEO...(FROZ)
9,500,000...John J. Berkeridge, Jr., Director...(FROZ)
25,000,000...Pritt Douglas Nelson...(APT)
145,255,528...Maher William Patrick...(APT)
75,000,000...Dyess William Corey...(APT)
75,000,000...Covey Troy Allen...(APT)
500,000,000...Equity Compensation Plan...(APT)
175,000,000...Restricted Shares...(Mammoth Corporation)
2,735,501,964...Restricted Shares...(APT)
32,727,273...Tangiers Investment Group, LLC
43,668,886...Still trying to account for these shares (perhaps used to fund?)
3,909,937,651
Trading Action - This is just my theory....
Yesterday: I believe yesterday was more created by the MM (MAXM) pushing to acquire shares for either their company and/or investors - many will have their own opinion here but not seeing the MM today, makes me feel comfortable with that statement. Not to mention shorts accounted for 18%. We could also go to say a small % was flipping, bid whacking, fear, etc. Yesterday we had T-Trades of 16,495,949 (i.e. 9,791,667 and 6,704,282).
Today: I believe the stock was manipulated by the V's (MMs) for the sole purpose of clearing up the Tangiers Investment Group, LLC. The T-Trades totaled 37,442,123 (i.e. 23,811,249, 6,915,437, 6,415,437, and 300,000). This is a bit over the 32M but it's a theory.... Today's short volume accounted for 21%. There was also a buy for 7,388,749 @ .0146 but it wasn’t recorded with “T-Form”, so I ignored it from T-Trades numbers above.
* Buyers sat and loaded the Bid the past 2-days; it is a common practice when the stock is being manipulated and buying MOMO dries up on the ASK side.
FROM A CHART PERSPECTIVE
Today's action was really needed, as bad as it sounds to say it.
One of my biggest concerns was the PPS continuing to climb and the MA's barley catching up. It was imminent the PPS would fall and to make it clearer the indicators were screaming oversold. The RSI is sitting at ~53 where I mind you it has never been below 50 during this entire run as of Feb. The MACD finally has reduced the air between the signal line and the STO are resetting nicely with plenty of juice to run. TRIX and ROC also flattening out and cooling off. All indicators are positioned for this to begin setting up for the next leg.
We broke through the flag pattern today, will this stock hit the MA(50)? I am going to say, "No". The MA(20) proved to be a solid resistance line as it has in the past and there are still 2 other support lines before it would become a radar. Not a fan of the trading pattern, but when you hit the MA(20) and show strength many folks on the sideline position themselves to jump in after the pullback.
* The weekly chart also needed a bit of a pullback for the same reasons noted above. Once you reach a certain level in the chart - it has to pullback, period.
If your on the fence about buying... Keep a close eye on the MA(20) for any retest and if solid news hits, hope you have tickets for the ride.
APT COMMUNICATIONS
I inquired about the drones and ATVs today. The response was tight lipped. The same kind of energy back when I had a meeting with APT on March 5th. I, as many others voiced out, suspect something is coming. Last week I told a few folks I expected something on Wednesday (tomorrow), but I also expected the PPS to be above .025 at some point. Not sure if either of them will happen. Needless to say, it could be the ignition we need if news hits and "the juice is worth the squeeze". I also told several folks that we CANNOT be green all the time and also expect news to hit every single day; especially those days were in the red. APT is strategic. I'd rather had solid updates than tons of fluff everyday like other OTC stocks. What happens tomorrow is anyone's guess at this point.
Overall I remain bullish based on the DD and continued developments of the chart. Thanks for your time in reading my thoughts.
B!
