Unfortunately, this news release was on CFTN's website for quite some time before it hit national wires. The news release was dated 8/22/15. I called Dawn at CFTN and told her about the error in the date. She got the error fixed and then got the news release on the national wires.
It is probably a good thing the erroneous news release did not hit the national wires. It would have made CFTN look rather foolish.
But with things going so well at CFTN why does volume in the stock remain low and why is the price so low? At these bargain basement prices, I keep adding to my ownership.
My friend's broker called him and advised him to buy. He got in at about $4.60. When the stock went to $5.60 in a very short time, my friend called the broker and told him to sell. The broker told him not sell, because ONVO was going to go a lot higher in a very short time due to a buy out by a big pharma company. Based on this information I have bought ONVO.
Has anyone else heard a rumor about a buy out? A buy out at a good price would be fantastic.
I was buying out of the money options, selling, pocketing gains, and then buying a higher strike. That went well until premiums got expensive due to volatility. I may just buy TMV now. Maybe start selling covered calls.
I believe TMV is headed a lot higher. However, some are predicting QE 4. If that happens, we will see a significant down turn on TMV. I have a hard time believing the Fed would expand its balance sheet further. However, if the Treasury goes to auction, and nobody shows up to buy, maybe the Fed will be forced to be the buyer.
I don't know where you are getting your nat gas prices from. Nat gas is trading at $2.64 this morning. Nat gas has fallen on a percentage basis much further than oil. Not only that, nat gas could fall even more. There is a huge oversupply of nat gas.
You should have read my posts last summer. I predicted a huge decline in nat gas. Also, there was an article in Seeking Alpha I recommended people should read. Obviously, those who held on to HGT, or worse bought HGT at $11, have had substantial losses.
However, at these low prices, HGT may be a buy. Personally, I am not buying it.
It is unfortunate that we have here a company with the finest properties, and great products, mismanaged by inept management. I have read ABL's complete financial statements, am acquainted with some of the sales persons and know several of the shareholders. ABL could be doing a lot better than it is. Since Bill passed away, his sons are using ABL as their personal piggy bank. Fortunately, Bill did install a few outsiders on ABl's BOD before he passed. Whether these people will be able to maintain their positions on the BOD or not is not known. The Moeller boys are lazy and inept.
As for Clifton, the mining properties are great, as stated in the Seeking Alpha article. Hopefully, the newly elected BOD will be able to control the Moellers and make CFTN successful. It is really a big plus that Desert Hawk has a contract with CFTN that is very favorable for CFTN. I was not aware of how good that contract is until I read the SA article. I doubt that CFTN would have ever had such a good contract if it had been up to the Moeller boys. Thank Heaven that Bill got the contract done before he passed away.
I am still very bullish on CFTN. With Desert Hawk mining the Kiewit Property, CFTN will be profitable. When Desert Hawk starts mining the Clifton Shear Zones, CFTN will be extremely profitable.
I do not understand why anyone would be dumping CFTN. There was heavy selling in the 17.5 cent range today. A few days ago there was heavy buying in the 20 to 21 cent range. Are there fools out there dumping CFTN or is there price manipulation going on?
If you read the Seeking Alpha report, you should be buying CFTN heavily, not dumping it. I am going to call management and tell them they need to get the news out. They also must file a Form 10 and get CFTN trading on an exchange. If there is a problem with the stock price that prevents them from getting on an exchange, then they need to have a reverse split to get the price acceptable.