Revolution Lighting Technologies could move the needle by stating they will not use equity at current market levels for acquisition, I think that fear and tax loss selling is causing the negative pressure! It is in their interest to get the market price up because we know they will use equity again for a purchase, I think at this point they are waiting for the abatement of tax loss selling before they attempt to make another market price adjustment?? Coverage, Quill, overseas contract???? Being patient here is tough, but a large percentage reversal can happen in the blink of the eye!
Go to the NASDAQ web site and look under institutional ownership, it is up to date as of 9/30/2014. I am expecting a big U-turn in price soon!
Recent insider purchases at: $2.14, $2.10 and $1.65. If the price of the stock just recovers to $2.14 from this level that is a 40% move. One press release could get it there or coverage could explode it above that level????
It is down alright, is it out??? I do not think so! Disclosure I recently sold out and took a substantial loss, but the potential is so compelling at this price level that I have retaken a position and it is larger than my last position. I do like to trade, so I will seize an opportunity when it presents itself.
Facts: Citigroup, Morgan Stanley, Goldman Sachs, Credit Suisse, Vanguard , Mazama Capital along with others all increased their holdings in RVLT during the 3rd quarter, not aggressively, but they did increase.
-Robert Lapenta is putting together a sizeable operation and had great success in the past putting together L3 until he decided to sell!! RVLT is now on an annual revenue run rate of over $100 million and that will likely increase close to $150 million in 2015 without further acquisitions! I am sure more acquisitions are coming down the pike, lets hope Robert can get the market to value RVLT more positively before those happen. I do agree that tax loss selling is causing some down pressure, but it is also coiling the spring!!! I am expecting a huge % move to the upside when the pressure resides or the announcement of the Quill online retail exposure gains retail investor exposure. The short position is decreasing, but we could still see a huge short squeeze! I think the market has been lulled to sleep regarding RVLT! LaPenta also said RVLT will garner coverage in the 4th quarter, we are half way through the 4th qtr already. Coverage from a tier 1 House like those above would create a huge move! RVLT is now EBITDA positive, cash flow positive and likely going to report a net income in the 4th quarter! Now is the time and price level to speculate or invest in RVLT. This is a solid company and it is not going out of business. Did this stock just retest the 52-week low and support? or is it going lower? I think tomorrow will be a good indicator! I am saying, speculating and investing with the belief that it is up from here! Coiled Spring
Fully locked and loaded! Watch where this one goes in the next 1-day to 4 weeks. Short squeeze is imminent.
The market is not buying Robert La Penta's story!! I seem to be the only one to have bought the story and now I am out of money and no one is left to buy this POS. I really thought we had a winner here, but most think otherwise and that equals $1.67/per share!!
Is RVLT really as big a joke as the amateur writer thinks? It is certainly acting the part. Punch less POS!!
RVLT is likely trading below $2.00 for a couple more weeks unless we get some serious institutional buying. There is no earth shattering news coming!!!!!!! If there was, the insiders would be accused of insider trading and the short community knows this. A short term game changer would be coverage by a real brokerage house! The insiders could buy in front of coverage without having insider trading issues................
Does it mean anything? I don't think so. This stock is punch less until they report blow out #s!! Then the game will begin! Is Seesmart still in operation? No staples exposure! I had hopes that something bigger and better would replace the missed opportunity! Hope in one hand and sh_t in the other!!!!!!!!!!!!!!! This stock should go up some from here, but at $1.64/share it can only go down $1.64!!!!
does it mean anything?
The stock is trading like it or did they just lose the staples opportunity? At one time I thought this was a real company in assimilation. NO NEWS = NO NEWS = This has become a punch less POS!
This may have been the primary reason for buying Value Lighting. We now get them to push Seesmart and other Revolution products. They are very active in the retrofit area!! Did a large job for Macy's last year. $1.65 may have been the low on RVLT!? I never thought it would get that low!!! Is it up from here? I think so! Shares that have been locked up are now very quickly making it into new hands and old holders are looking at this another time!! A beautiful sign would be a quick push back above the $2.25-$2.40 area. Does it happen this week?? I don't know, ask me Friday after the close and I can tell you for sure!!!! Buy here for a quick trade or a long term core position either trade should be a positive experience.
Contact Murphy Business Brokers!
When Robert steps up to the plate we will turn the corner very fast!! He may have been in there buying today??
How would that change things?