CLCT continues to do okay and remains a solid dividend stock. The addition to the Russell 2000 should bring in more and more institutional shares. If the insider selling stops, then the 10% haircuts should also stop and some of the short players will begin to cover; unless there's something else looming that we don't know about.
The numbers are good and the stock is up 30% from a year ago while paying a 6.5% dividend. This should be a good time to add shares give or take 5%. Should be a $25 stock by Xmas unless the overall stock market has a big sell off. The only thing hurting this stock is the constant insider selling. Insider buying and some fund managers buying would get the short players to cover
Yeah, I agree the insider selling was used to raise cash. The insiders sold shares to buy bigger and nicer homes and to add more coins to their collection. CLCT ought to hire you to promote the company since they appear to have no interest in actually ever doing anything to help their share price. Why do potential investors have to come to this message board to find out that CLCT is almost cash flow positive?
On a positive note, I think CLCT will continue to pay the same strong dividend and I also think it will head towards $25 if the insider selling disappears in September and the earnings is decent. For now the stock market is booming and there are more exciting plays, but when the markets cool a bit and on even and down market days; I think conservative dividend stocks like CLCT are more likely to gain. I don't think this potential law suit has much merit, but that's also something to watch for
I think what controls the action is the complete lack of any enthusiasm from the company itself. What controls the stock is the lack of any trading volume and this is due in large part from the lack of any positive news. If a company has a lot of positive news, but rarely releases it, then the stock remains unknown to the masses and has limited upside potential. And many shorts would cover if the company actually promoted their stock. Despite the pathetic way the company releases any news pressings, the stock has done okay.
As I said, many of their best numbers go unreported. In fact without many of Dbtunr posts, most of us here; would have no idea how well the company is actually doing. Growth is strong; yet it remains heavily shorted due to lack of insider buying and lack of any positive press releases. Basically CLCT has been doing very well, but is limited to being just a nice dividend stock for now.
The insider selling of this stock continues to kill share price. According to Yahoo Finance insider transactions, in the past 6 weeks alone, this lightly traded stock has seen 161,205 insider shares sold.
I tried posting about the heavy insider selling, but Yahoo took my posts down???
Why would Yahoo prevent users from warning others about heavy insider selling???
The stock has a nice dividend and has done okay, but the insider selling has killed the stock's potential. And now this past week another insider sells another 25,000 shares. The excellent news of the past 2 months and the addition to the Russell 2000 should have brought the stock to $25+, but instead the insiders caused another 10% haircut and brought the stock back down to $20 range.
He ruined this board by flagging all posts that raised anything negative about CLCT and asking Yahoo to take the posts down. Yahoo is pathetic and removes any post that bothers anyone. So when I pointed out that CLCT had major insider selling the past 6 weeks, he flags these posts and has them removed. He's a coin collector and thinks this is a giddy coin collectors chat room, when it's a stock message board that should be used for pointing out positives AND negatives. Okay dbtuner, now go ahead and remove these posts, but realize you've ruined this board
Do you have a link with law suit? I doubt a law suit would hold up in regard to grading terminology
The only thing that stands in the way of Surge are the environmentalists, but the government and country are mostly positive on exporting natural gas and oil, so Surge should remain a great stock to hold. I've been holding a lot of shares and then taking some of the shares and selling on the pops higher and buying back on the dips. About 80% of my shares are strictly long term hold--that's my strategy for now
Nice big bump higher today after some profit taking last week. This stock has been great and has the potential to be an absolutely huge winner this year and onward
Stock will go back to $20 when it's reported that an American has ebola. A horrible disease and hopefully Tekmira is working day and night to mass produce the drug
An hour into trading on a Monday morning and the stock has 0 volume. Incredible how a stock that's risen more than 50% in 5 months while paying a 7 1/2% dividend, has so little notice.
I think the stock has been dropping for a couple of reasons. 1 is simple profit taking and the other is that the U.S. dollar has been strengthening, which is causing oil to drop in price. My opinion is that profit taking and the strengthening of the U.S. dollar will both be short term negative factors and that the stock will see $8 again before it sees $7.
I'm really not good at day trading, but have done well with Surge, so now I'm thinking I better quit while I'm ahead and to not sell anymore, but instead to just hold all shares and maybe add some shares on the occasional 4 or 5% dips. Reinvesting the dividends into shares is also helping. The strong dividend has 1,000 shares adding $50 or about 7 shares with each monthly dividend payment. This company is hitting on all cylinders even though so few people seem to know about them.
Sentiment: Strong Buy
Earnings report looks solid, but we'll see if it moves the stock much. I hope it jumps, but I don't think it will move much.
Almost no one knows about this company, which is why the trading volume is so thin. Most investors have focused only on American natural gas companies and have no clue that the Canadian government is eager to allow their oil and gas companies to begin exporting to Europe and Asia. But the stock has risen from $5 to $8 the past 5 months, while paying the hefty 7 1/2% dividend yield; so we're doing just fine without the day trader gamblers
I know more than you realize and the warnings I tried posting were accurate. This is a
Yahoo finance stock message board, so you shouldn't be asking Yahoo to take down posts that disagree with you. You should respect all views and regardless if you agree.
Here's Stocks 101. Insider selling almost always hurts share price and 161,205 insider sales in 6 weeks of a very lightly traded stock is a big number and attracts short players. The number is 161,205 whether you want to argue about how you define a few thousand of the shares. It's been heavy selling with another 26,000 this past week.
Insider selling also discourages fund managers and other investors. Now maybe some fund managers want to buy in and want to first manipulate the price lower so they can buy at a better price. That would be the optimistic view. Or maybe the heavy insider selling is simply knocking down price and bringing in more short players with no big players looking to buy in. That's the pessimistic view. We'll see how next week goes.
What do you mean that the insider trading window closes next Monday? Can't an insider buy and sell whenever they want to or do you mean this is when they report the insider trading?
From your other post today, the company appears to be doing very well, with lots of business.
I'm most interested in how this stock will do if the overall market has a down turn. If it will react more like gold and silver, which sometimes do well or at least okay; when the dow and nasdaq fall; or if CLCT will fall with the dow and nasdaq
DB bought at $23. He's a coin collector, but his advice here on when to buy and sell has been awful.Think for yourself and do your own research, but always be careful with companies who have insiders that sell on good news. The company appears to be doing very well and should have some fund managers buying in now that it's back in the Russell 2000, but it's hard to expect fund managers to buy in when the insiders continue selling. Even June 30th another insider sell a bit, which followed the large insider sale from June 23rd and the flurry earlier in the month and in May.
700,000 shares were not bought today. Over 800,000 shares were traded and the stock took a heavy drop,so the majority of the 800,000 shares traded were sell orders