We have volume over 80K in the first hour and that's about half of the average days volume. The big drop was the first 9 min. of the open and that might be a combination of Margin Calls and stop-loss selling. When I get a "call", and I do, I believe in high leverage trading if you know what your doing, then I use an ACH from the bank to meet the call or I look for stocks that I really like but haven't moved much so I have a better chance of getting back in them after the Market turns up.
The "stop-loss" and the "calls" are done for the day and I believe we will end the day in the GREEN after the Fed Minutes at 1400hrs. Now that's just a guess on my part just for fun and the fact that "Oil" seems to be forming a bottom today. Good Luck Longs !
Own it at $12 for some time now and still have not realized a profit.
Well there's a lot of us that own this stock at 4 or 4.50 and that was THIS YEAR ! I'll take a 2 to 3 bagger anytime. If you do hold on you will find this stock moves in big steps on the "news". It's a "small cap" that gets "Hot" and then cools off for a short time bouncing up and down in a small window before the next move up. Besides, you know as soon as YOU SELL IT, SPCB will go sky high ! Good Luck !
as long as the Patriots get to go to the Superbowl!!!
Let me know when the Pats get SIX Superbowl WINS like the Steeler's ( or as we call them Stillers), or even 5 for that matter. NOBODY else has 6 SB Wins !
The rank on this stock is very high with ZACKS rating it a Strong Buy #1 and TD Ameritrade shows 3 Strong buys, 2 Buys, and 4 holds. Just 7 trading days on Dec 5 the close was $18.08 and Dec. 12 it closed at $15.35 for a drop of $2.74 or about 20% on no good reason. If the estimated earnings come true they will be 6X last years earnings! The estimated earnings have been increased for this quarter.
Seems to me this stock is oversold and nobody is looking at it. Good Luck Longs !
2 thumbs down from the shorts or they just didn't get my point. The point was with the savings we are getting on gas more people have more money that isn't going down the gas tank to buy more LF products that will increase the sales and profits than what was expected and when you exceed what was expected the PPS goes up. It's going to happen, people will buy more this Christmas !
Or maybe read something between the lines as a negative. The selling started yesterday afternoon after the Conference and today we are already above the avg. volume. Not really to worried just concern about the timing. I haven't heard the Conference but I will after the close, it's on the company web site.
I understand the low Oil prices are hurting the Oil stocks but it's a benefit to thousands of other stocks in earnings and profits ! Now you can buy the extra toys, the down payment on a new car, the new washer or dryer you needed, air fare to who knows where, and on and on. Money that you don't have to put in the gas tank will be spent on something else that wouldn't have been made and sold without the demand. Everybody wins !
We will see some upside earnings that were not expected in the end, just got to hang in there and oil is not going to be down forever, pick the right oil stocks and you can make money later. Good Luck !
How do you get a thumbs down for reprinting exactly what is on RVLT SEC FILING and NOTHING ELSE!
GO TELL RVLT THEY WROTE IT !
Well the people that own this stock just don't want to sell it, the volume was only 86K. Just wait until news hits.
� our history of losses and that we may not be able to remain viable if we are unable to increase revenue, or raise capital, as needed if support from our controlling shareholder does not continue;
� the future issuance of additional shares of common stock and/or preferred stock could dilute existing stockholders;
� a substantial portion of our capital structure consists of convertible preferred stock which has a liquidation preference senior to our common stock and is convertible into shares of our common stock at prices that are less than current market values;
� we are a "controlled company" within the meaning of the rules of NASDAQ and, as a result, are exempt from certain corporate governance requirements that offer protections to stockholders of other NASDAQ-listed companies;
� our majority stockholder controls the outcome of all matters submitted for stockholder action, including the composition of our Board of Directors and the approval of significant corporate transactions;
� the risk that demand for our LED light bulbs fails to emerge as anticipated and the potential failure to make adjustments to our operating plan necessary as a result of any failure to forecast accurately;
� the risk that we will not be able to successfully integrate our acquisitions, including our recent acquisitions of Value Lighting, Tri-State DE LLC, Relume Technologies and Seesmart Technologies, resulting in losses and impairments;
� competition from larger companies in each of our product areas;
� dependence on suppliers and third-party manufacturers; and
� the risk that we may not be able to adequately protect our intellectual property rights or that infringement claims by others may subject us to significant costs even if the claims are invalid and that an adverse outcome in litigation could subject us to significant liabilities, require us to license disputed rights from others or require us to cease marketing or using certain products or technologies.
I share your sentiment, and just curious at what site you get the number of buys and sells.
That's a good question ! I too am waiting for their answer. The PPS drops $1.66 or 15.73% with more buying at the ASK and much less selling at the BID doesn't make any sense to me. The stock Sold-off with more buys than sells ? REALLY !
Buy volume still exceeding Sell volume
Where are you getting THAT ? The volume was 4.4M vs normal volume 727K , so it was more than 6 TIMES the normal on a huge drop in the PPS of 15.7 %. The only way that happens is the TRADES ARE ON THE BIDS NOT THE ASK price, those are SELLS !
I'am still on your side. ZACKS rating on IG is #1 Strong Buy. TD research shows 2 Strong buys, 3 Buys, 1 Hold, 1 Sell, and 1 Strong Sell. This PPS movement today is just a short term move but with todays results they should have just printed up new shares. I think the reason for the bonds was a move against being a takeover target.
If you want to sell because of a short term indirect offering you may be sorry.
Good company that as shown it uses the money wisely to make more money !
But the market is oversold from the worst day since Oct. I think the bad open will pass after things bottom out and the afternoon will be a good one, I hope !
NO they would want YOUR SHARES FOR PENNIES. The price of their shares means nothing they get the company and all the ASSETS, you get pennies and nothing else, your out. They can start printing NEW SHARES with NEW COMPANY NAME and you are out of the picture.
The Lawsuits are the only governing factor.
You still might end up better than you are today. Good Luck ! I wouldn't tell anybody to sell or buy. It's your money, your call, take your best shot !