The Oil Industry Got Together and Agreed Things May Never Get Better
Thousands of industry participants gathered in London for their annual get-together, only to find a world awash in crude and hardly a life jacket in sight.
Were you able to sell at the high, low or mid range?
MARKET ORDER OR LIMIT ORDER?
IGEN down 5 cents over the last year and ICNV is worse than that.
So what is your point? You work for a company pumping these also?
Just look at a volume chart.
FYI the float is 2.73 million.
Weak volume does not show market support.
3mm shares is just the point. It does not take much volume to move a stock price with only 3mm shares but it takes volume to hold it there.
This key phrase/ loophole throwing the forward looking estimates/liability over to the major 500 company.
****Once commercialized and after a reasonable ramp up period, management expects, based on estimates provided by the partner that revenues to Hybrid from the sale of this product would reach $20M per annum. ***
Rinse repeat- rinse repeat.
Go buy a snorkel because you won`t be able to hold your breath.
I believe they are cutting cost because the cost to produce the whole product line is way above the amount of revenue they can bring in. In other words their cost to produce and sell is above what they can sell for, no matter how much they increase sales. They now have to become profitable or die. They should have done this years ago instead of borrowing more and more to finance the loss.
IT is very simple, you can not borrow shares because brokers do not allow shorting a stock that is below $3.00.
This is a very well known rule but I guess you have not learned that in your paper trading class.
You should go to your teacher and demand a refund.
Can you take the profit? Try selling $1000. at the top for a profit.
I see you not only can`t read between the lines of HCTI filings but you can`t count thumbs either!
You really should change your name to Pumponator!!!