Thursday, May 09, 2013 5:40:50 PM
SFT1 sorry can't reply privately, but absolutely to your first point, I've been thinking that for the last 7-10 days or so....Not so much so that it tanks the stock, but enough to keep accumulating around .04.
Your second point...I definitely don't think the company would, but APS definitely would if they could accumulate a large enough position. Possibly even someone else (some random stockholder or firm) pays them that has a huge position.
I was doing a bit more research that in my mind ties in even better with an APS promo upcoming...Boy I'm gonna' feel like a real @!$ if I'm off on this one...is that they delayed their next promo by a couple of weeks hoping for killer news from the state of CA right in the middle of it!
Looking at CA's legislative calendar the last day for bills to be passed for either house is May 31st (before summer recess).
Both SB 439 and AB 473 have been read twice and all that's needed is the third reading to bring it to a vote:
V. Third Reading in House of Origin
The measure listed on third reading file is taken up for final passage when the author is ready to present it.
1. The author of a bill makes the case for approving the bill, and floor debate may take place.
2. Members of the House may ask questions of the author and make statements of support or opposition to the measure.
3. Vote on final passage of bill is by roll call.
VI. Procedure After Bill Passes House of Origin
Sent to the other house, where the same general procedure is followed.
If passed in second house, bill is returned to house of origin with a transmittal message stating either:
1. Bill passed second house and may be enrolled and sent to the Governor, or
2. Bill passed second house with amendments, and concurrence in amendments by house of origin is requested so that bill may be enrolled and sent to Governor.
CA Dept of Finance
SB 439 was on the schedule this Monday, but was passed up (no biggie, just didn't get to it). I personally feel one or both of these will pass prior to that date and sent to the other house.
I don't know that it will be law by the end of May, but with news coming out of Vermont and CO recently I don't know if they are going to want to wait until August (after summer recess) before they can look at this again (first state to legalize it, but last state to regulate it, they would look like fools). KA wasn't brought on board to sit around and twiddle his thumbs until August...
My "fingers crossed" guess: One bill passes soon and is fast tracked through the other house to be signed by the Governor no later than July 12th (cutoff for signing bills).
Whether I'm right or wrong on the APS thing I'm guessing we get some CA legislative news sooner rather than later. What if both a promo and exceptional news come together? POP!
I still think the company is holding back on the website updates about the company and that info is just the push of a button away. Now I'm thinking that they are just waiting for one of these bills (maybe both) to pass before they push it. They don't want to come out until they can word exactly how they need to to mirror what the new law will most likely be.
I think with their connections they already know what the gist of it will be, but probably not all the exact details. Should be a good month here IMO.
Oh yeah our what .003 -.004 trading range over the last 10'ish days is major accumulation. The only ones shorting the stock are doing so to keep pressure on it as they accumulate on the other side. I.E. Sell 3000, 3000, 3000 Buy (whether it shows as one or not) 100,000! Kinda like that anyway...
All in my opinion of course:)
TraderGreen
Your second point...I definitely don't think the company would, but APS definitely would if they could accumulate a large enough position. Possibly even someone else (some random stockholder or firm) pays them that has a huge position.
I was doing a bit more research that in my mind ties in even better with an APS promo upcoming...Boy I'm gonna' feel like a real @!$ if I'm off on this one...is that they delayed their next promo by a couple of weeks hoping for killer news from the state of CA right in the middle of it!
Looking at CA's legislative calendar the last day for bills to be passed for either house is May 31st (before summer recess).
Both SB 439 and AB 473 have been read twice and all that's needed is the third reading to bring it to a vote:
V. Third Reading in House of Origin
The measure listed on third reading file is taken up for final passage when the author is ready to present it.
1. The author of a bill makes the case for approving the bill, and floor debate may take place.
2. Members of the House may ask questions of the author and make statements of support or opposition to the measure.
3. Vote on final passage of bill is by roll call.
VI. Procedure After Bill Passes House of Origin
Sent to the other house, where the same general procedure is followed.
If passed in second house, bill is returned to house of origin with a transmittal message stating either:
1. Bill passed second house and may be enrolled and sent to the Governor, or
2. Bill passed second house with amendments, and concurrence in amendments by house of origin is requested so that bill may be enrolled and sent to Governor.
CA Dept of Finance
SB 439 was on the schedule this Monday, but was passed up (no biggie, just didn't get to it). I personally feel one or both of these will pass prior to that date and sent to the other house.
I don't know that it will be law by the end of May, but with news coming out of Vermont and CO recently I don't know if they are going to want to wait until August (after summer recess) before they can look at this again (first state to legalize it, but last state to regulate it, they would look like fools). KA wasn't brought on board to sit around and twiddle his thumbs until August...
My "fingers crossed" guess: One bill passes soon and is fast tracked through the other house to be signed by the Governor no later than July 12th (cutoff for signing bills).
Whether I'm right or wrong on the APS thing I'm guessing we get some CA legislative news sooner rather than later. What if both a promo and exceptional news come together? POP!
I still think the company is holding back on the website updates about the company and that info is just the push of a button away. Now I'm thinking that they are just waiting for one of these bills (maybe both) to pass before they push it. They don't want to come out until they can word exactly how they need to to mirror what the new law will most likely be.
I think with their connections they already know what the gist of it will be, but probably not all the exact details. Should be a good month here IMO.
Oh yeah our what .003 -.004 trading range over the last 10'ish days is major accumulation. The only ones shorting the stock are doing so to keep pressure on it as they accumulate on the other side. I.E. Sell 3000, 3000, 3000 Buy (whether it shows as one or not) 100,000! Kinda like that anyway...
All in my opinion of course:)
TraderGreen
