Not true Harry. DIYers will snap them up for their own conversions. It's already happening as I type, from the CODA bankruptcy and others. Jack Rickard has been buying them at bankruptcy auctions and reselling them. He's doing it with UQM motors and Siemens motors.
This is what I tried to post earlier: httpCOLON//wyssDOTharvardDOTedu/viewpressrelease/166
Talks about a novel new treatment (15 yrs ago from Aethlon) using lectin affinity agents to capture viruses and treating sepsis.
I don't expect Aethlon to give em a call and mention that their patents are being treaded on. Aethlon doesn't have the ability to go up against Harvard.
I don't see any insiders buying in open market just yet. Maybe tjbzack is right and they want to take it private. So much safer buying and etf or index.
Announcing a share buyback along with some open market buys from management might help reverse course.
I think it's a reasonable response. If they have no new customers what do you want them to say? We made three phone calls today and got answering machines. We didn't sell any motors today. We're still trying.
If there's nothing meaningful to report, then there's nothing to say. We lost $100,000 this week. We replaced three fluorescent bulbs and repainted stripes on the factory floor.
I still think they should set up a conversion shop at their factory headquarters. Give idle employees something to do while they're not making motors.
We're being kept in the dark, but with nothing sweet. We're overdue for some sweet news.
Listening to a call in show on Ebola outbreak. Perfect opportunity to call in and mention Aethlon and its ability to hemopurify health care workers in the field to ensure they don't contract the disease. I couldn't get through in time. These opportunities should be on Aethlon's radar. But they're asleep at the switch.
If I were looking to acquire PWE, I would roll the dice and buy now while the stock price is overly depressed. I suspect it could easily fetch $12/share even with all the unknown accounting issues. My opinion and one dollar will get you a down payment on a large latte at Starbucks.
UQM does need a savior, but as mr. a_p_nuts mentioned...Elon is very smart and besides, Tesla already has a motor they're using.
I fear that anyone interested in their motors is just biding their time to pick up the motors at a bankruptcy auction.
UQM should take what cash they have and open some marijuana dispensaries, since they're in Colorado. That way they'd at least generate some cash.
If we don't hear any optimistic progress reports before year end I would expect tax loss selling to exacerbate the decline. The insiders aren't acting like the stock is poised for take off, that's for sure.
Expect dilution. When and how much are unknown. Might be a catalyst though. It should help pay for much needed executives pay raises and bonuses.