Sailor, really think Arcam is trading nicely????
Papa Arcam now trading many days less than 4000 shares and the pps usually moves with what the 1st trade does, buys goes up, sells go down. But good luck buying/selling= any appreciable amount of shares, i.e. over a couple hundred or less without grossly moving the pps. Even worse with baby arcam, the ads barely moves the volume needle and also just moves with the open/close trade and small buys/sells grossly affects the pps. Do you really think either is trading nicely??. I don't. Would be hard to sell if I had waited with my residual 4000 shares. To me, a stock is not trading well if you can't buy/sell a normal amount when you want. I am surprised that the pps has held up, and moves up but the volume is just so weak as is the pps move.
Trader, what makes you think Elliot is not selling?. If not Elliot, who do you think is selling. GE??? I think not. THe 15% Diehards, would be surprised unless there are a few institutions and non diehard speculators within that 15% who were simply too lazy or wanted to speculate and now are selling. BUt can't be many of those.
Secondly, Sailor what makes you think 1q will be much better. The company has had 2 bad quarters in a row and the universal thinking is q4 will be bad as well. Which means independent companies do not seem to be ordering a lot. Now the 4q is usually the best by far so we may be surprised but so far no guidance that will happen.
I do think Arcam will deliver, but its looking like a longer time fame than I thought. Till GE is ready to start volume orders, or another company selects EBM for mass production, there will be no catalyst and GE has no reason to tweek the pps. It isn't selling and loves to see Elliot suffer. It does not care about the die hards who refused their tender. GE won't be ordering more bulk till its ebm parts get certified, it plans on including them in the mass production of engines and they take delivery of the ones already ordered which won't start till 2o17. So where or where is the q1 catalyst????
