Hey Cromor, Did you really just publicly say that Wainscott, the CEO is using "dark pools" to trade the stock for self benefit and profit.
If what you just stated is true Wainscott's tacit trading that you publicly aRE saying is being done is a FELONY.
Is that what you are saying.......
AP is also there to make money and increase the wealth of the partners. 1) Armed with CDTI technology AP would have purchased value, facility, and team. CDTI embedded in AP product line up gives AP cost advantage, first to market, and 2) the chance to go to the big leagues as a coatings and distributor to the OEMs.
It is unbelieveable that the company is not in-play from multiple parties. It's 12:40 Rocky Mountain Time. I think I will place a 20,000 share buy order at the ask, or velow, lol, before I leave for a hike.
Hopefully William the slacker gets the message......
Yep, he is lying. Just large insider buys at the high $5 to $6 range.
Wainscott is down $400,000......
Meanwhile American leadership allows the destruction of our steel industry.......
Upper management has already scraped tens of millions. Granted it is time for current management to load. But the valuation of the company is getting rediculously low again.
GM, Ford, JM, Honda, or AP could own 300 patents ($250 million plus to develop), Durafit, etc. Tomorrow morning for $80 to $100 million (cash or stock). They would get facility and staff already in place. Ford, for example would own close to 600 catalytic patents. CDTI is now the world's largest holder, and Ford is #2 with just over 250+.
I am fairly certain the company could be merged or sold at thus juncture. Part of the change to a materials Science company............includes getting rid of unnecessary operations to help facilitate the sale. Senior management is getting older. They understand the time and place calls for prudent practical strategic moves. It is coming.
But your question is a good one.
And at $10 per share that is still undervalued. That just Honda. If GM signs on we go to $15+.......
Pounce to buying is my point. No one is selling now. It's vomputer to computer walk down on 500K share days. I am adding...........
Another indicator is all the other players that have showed up (this use to be a quiet board trading 50K a day).
The paid services employed by others are now here. Their focus is to set price direction. Individuals cannot easily short sell this stock, but brokerages. HFs, and those close to the market mechanism can.
What does that tell us? My only hope is that after all these years of waiting, that current management keeps the sale of the company under wraps and burns those that are manipulating the share price downward. Change for the company is close at hand.........
Look at the volumes on the down days.
There is not a poster on this board that is not preparing to ponce. Right. The posters are throwing in the negativery to set perception, at a time when the company's prospects have not been brighter.
Well orchrestrated walk down.........begin adding.
So someone calling himself a self described genius predicts a new 52 week low, 20% below the 52 week low.
Gee, the company has performed, is in much better place then in its entire history. The AP deal us large, Durafit is in the marketplace with lage distribution wins, and the company ha $8 million in cash, and is one OEM testing and announcement away from greatness.
Genius knows little about the ongoing activities with Honda. But more important will be the practical solution that JM will find itself in. If an American company does not step forward, a foreign company/manufacturer will. In fact, Why not put the company and its technology on the global market for sale. AP would be a perfect suitor, and if the Americans cannot act, let it go to another........
Gold is heading for a new technical low.
The international organizations see $650 to $850 per once. Historically when gold begins a retrace mentioned like this it stays down for 5 to 10 years.
One of my friends moved a large portion of his retirement savings into gold coins. Like he said, it has done nothing. Between commissions and declining valuation I think we will see further selling. Miners about to get killed. When the market makers in the physical refuse to continue to play that role in a declining market watch out.
Management has literally destroyed the company. I do not know where to start.
The Nigerian situation resulted in murdered employees, a $20 million Justice Department fine, $6 million in bribe money lost, and a consultant to the company on the lamb as a fugitive on the run.
Stock price manipulation by outsiders to the upside.
Out and out misrepresentations by management about the financial reality of the company. The convienent and planned escape of the previous CEO, then the disclosure by the Chair man and CFO that gee, all of us on committee had know idea about a couple of projects that resulted in financial restatement. In other words the covery up is now complete. The CFO needs to fired immeduately, but he is part of the deal. Just a good old boy club where everyone on committee had "no idea".
A massive dilution is coming our way, but watch for a possible bankruptcy in the cards.
How much confidence can any of us put in a buffoon like McNabb. One day he is getting out of O&G, next day he is going to fix it.
His legacy is that on his watch he destroyed a 112 yesr old company.
I would not be surprised whatsoever to see WG management arrested and charged.......
It was all a lie. Think about it for a minute. The disaster came to a point where they had to disclose the misreported costs on 2 separate projects. And according to the current CEO and Chairan
thry had no idea. Really? OMG!
Watching Charles Payne right now. They just flashed a projection that with the curent rate of debt expansion.........in 25 years our debt will be the same as Greece's......156% of GDP.
I already knew the situation. The Fed authorizes, the Treasury prints, and even today, 30, 60, 90 days later the Fed is having to go in and purchase the debt they just authorized.
What's even crazier is one of the panelite on the show stated that the debt can be paid down. Mathematically impossible..........
There has been little to no growth since the WM deal.
Just a fact. It is laughable as management points to yesr ago comparisons.
CAMP is still hoping for a ramp in revenues. The channel stuff is over with.
Another quarter without any real organic growth.......
CAMP is at that point where the market's they are in are saturated. CAMP now has to purchase revenues from other companies. That is the reality here.
$172 million in debt?
The situation at AKS speaks volumes........
The Chinese have made it very clear that they want to destroy and control the global steel industry. Increasing production during a period of a glut, with cheap labor, an artificially low Yuan, and direct government subsidy
The EU understands, but American leadership is vontent to watch as our domestic industry is not allowed to be profitable. But the Chinese are........
They state that CDTI management estimates that aftermarket coaters spend $25 Million on PMG.......
Hmn..........we need an OEM partner.
Interesting to note, the company offers to customers Zero PGM solutions. I didn't think we were there yet.