Forgive me ..... I always thought that the word "traded" means that someone sold AND someone bought. Where have I gone wrong?
OXNARD, Calif., July 12, 2016 (GLOBE NEWSWIRE) -- Clean Diesel Technologies, Inc. (CDTI) (“CDTi” or “the Company”), a leader in advanced emission control technology, announced it is providing catalysts featuring CDTi's high-performance Mixed Phase Catalyst (MPC®) technology to Honda for its newly designed 2017 Accord Hybrid model. The model has been in production since the beginning of 2016 and is now being delivered to dealerships throughout North America.
OK I'll admit this announcement is a little "fuzzy." I ASSUME that although this model has been in production since the beginning of 2016 that CDTI did not have a piece of that action starting in early 2016. I further ASSUME that with today's announcement that they very recently acquired a PIECE (how big I don't know) of that action.
I sincerely doubt that if they had an INITIAL part of the action they would not have announced it before this with all the difficulties they've had in the first six months of this year .... call me semi-trusting ..... I don't ASSUME that CDTI is so stupid that they would have hid such an event. Let's see exactly WHEN Honda and CDTI signed the deal.
Huh ...... CDTI's history prevents it?
History says that institutions have invested lightly in CDTI under old management and many bailed when the share price dropped under new management. If the share price rises to the range I stated I think some will return but will find it more difficult with the low float post RS.
Institutions care about only one thing ...... making a money ..... short term or long term and they will manipulate the share price to meet those ends.
Since info is out on a 1:5 reverse split we have to assume it will take place with only a VERY REMOTE possibility that it will be less than 1:5 even the share price rise to $1 pre RS.
What will it mean if post RS the share price rises above $3 to $5? IMO that reopens the door for institutional investors who normally avoid stocks with a share price below $3 to $5.
With the new news will and a higher share price will the institutional and/or index investors again bail in? If they do they will chasing a post RS minimal share float ….. how might that affect share price?
Additionally, how will today's news impact the remaining shorties ….. might we be seeing that now?
Why are you complaining you just made money .... that is, if you sell.
It may not cover your overall losses but it sure is better than if your predictions that CDTI had no future and was on its way to BK came true.
I assume you meant to say CDTI is not going to zero.
I suspect this has been known for some time but until you sign on the dotted line it's not a done deal.
So, is it legal ..... I confess that I'm not a shyster lawyer but I don't think we'll see some #$%$ freeloader bring a case unless he/she runs out of ambulances to chase.
What I will find interesting is if Beal exercises his vested shares or if Bippus exercises his shares that will vest on July 27th ...... and then what they will do with those shares.
Then please it explain it to me you whippersnapper and quit diluting this board with old news and stupid comments to keep your posts at the top of the list.
If you're so into CDTI please explain how we have a new executive that has been in place since January, 2016, that I was not aware of ....... could it be that an old foggy like me just missed it? Why don't you speculate why this new executive was appointed VP and how that might impact Golden.
Perhaps I did not clearly enough make my point on added revenue ...... my point is that prior to this announcement Honda revenue was going to ZERO ..... now it is not.
When are you going to stop post your inane old news and concentrate on new news or potential new news?
No it should have not been disclosed before the conversion of Kanis and Bell or the investment by Haldor.
We all knew that with those announcements something was either in the air or Kanis, Bell and Haldor were stupid ...... I elected to believe they were not stupid but you tended to think they were ....... now, when are you going to change your tune?
If I'm not mistaken CDTI was never the sole source of Accord catalysts. Since the hybrid is already in production we have to assume that CDTI will not be the sole source for this model.
But the PR tells us a few things, among them, that Honda is willing to do business with CDTI, so they don't think that this is a company with no future. Secondly, this is a deal that will provide added revenue to CDTI, how much we do not yet know. Thirdly, Honda is doing this deal for a reason ...... IMO that reason is meaningful cost reduction and if CDTI can deliver a quality product on a timely basis the door may be open with Honda for further business assuming this concept proves itself to be a viable choice for Honda.
My question is, who will be making this catalyst ..... if it is moderate volume then CDTI may temporarily produce it in Oxnard but since CDTI wants to ultimately escape production of this type what is the "ultimate plan" with Honda. Might that "ultimate plan" be producing this catalyst in China by Haldor Topsoe as a means of proving Haldors capability, Honda taking a steak in CDTI or Honda sourcing this catalyst production to another supplied using CDTI methods and technology?
Your statement that this hybrid is not cost effective currently may have some merit but, Honda does their homework and would not likely introduce another hybrid unless they think it has a chance for success or is a proving ground for the technology in the future.
In any case this is very good news and will provide spanspur an opportunity to dump all his CDTI shares at a less onerous loss.
OK I admit that I'm an old man and with that goes a questionable memory.
The list of executives now includes Campbell McConnell as VP or Research and Engineering. I don't seem to remember him being on the prior "executive list" although his Bio says he assumed that position in January, 2016.
Did I miss something for the last 6 months or is this new and if so, how might this impact the future of Golden?