Atlas Mining CEO William Jacobson said ''Per our purchase agreement with FASC, KDS Micronex engineers were onsite last week inspecting, fine-tuning, and calibrating our processing equipment. They also spent time training our personnel on the proper use of the equipment. We processed some clay last week and the KDS performed very well, from start to finish. Everything went as expected and we received their seal of approval. We ran a few tests and feel we are ready to begin processing clay.'' http://biz.yahoo.com/prnews/040921/cntu005_1.html
Posts: 638 | From: new york | Registered: Jun 2003
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posted
still holding every share of this one, imho it's just a matter of time. one of the few pennies i'm willing to hold long term
Posts: 1698 | Registered: Mar 2004
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posted
very nice indeed, close to the normal daily volume traded in the first 30 minutes alone. i think the jump will hopefully be even bigger once they announce orders, we shall see.
Posts: 1698 | Registered: Mar 2004
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" The Halloysite clay used in some technology applications can yield upwards of $1,000.00 a ton, so our interest is obvious. We currently have commitments for about 15,000 tons of clay per year from our traditional markets, but feel if we work the technology side we can triple the demand and potentially increase our margins.' "
posted
almost broke my heart to do it because this is my favorite stock of all-time, but - i just sold a big chunk at 30. hoping to buy back in upper-20's next week, we shall see.
Posts: 1698 | Registered: Mar 2004
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unless they come out with another PR this will probably trade fairly flat tommorrow and volume seems to dry up fast after news...i'd like to see it hold the .25 range based on the latest info
the one hope for a boost is if some bigger gets a wiff of the "nano-material" play and likes what they see
time will tell...
holding...and if i can dump where i wont i'll be looking to get back in with as little delay as the price allows
posted
i dunno, i hope so. i love ALMI, it really was painful to let it go. it was the only stock that i absolutely demanded that both my brother and father buy, we own a decent fraction of 1% of the company. this has been the best day ever for me in the market, truly exhilarating watching it run knowing how many shares the 3 of us hold. 50% in one week, dang. my dad and brother held every share today, i sold 2/3 between 28 and 30. they thought i was crazy for telling them to buy a penny stock, but i wouldn't take no for an answer. hell, even my kids own it. i am getting back in asap, i really hope it retraces. i always aggressively take profits, just can't seem to help it. it's my natural "trading style", if there is such a thing. didn't want to sell but i just hit the sell button anyway, *sigh*
Posts: 1698 | Registered: Mar 2004
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posted
not too sure about it but i don't think i like seeing relativly big blocks of shares dumped at 0.30+...cause they are probably expecting to buy back in lower
Posts: 140 | From: Canada | Registered: Sep 2003
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posted
i couldn't hold it any longer either, but if you really want it to retrace, i'll just start a thread, seems like that's been the best way to create some real volatility in a stock latley...LOL
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
eh, yeesh - what the market giveth, the market taketh away. just brutal watching it climb this morning, knowing i had sold 2/3 at .30. ouch! oh well. nothing to do but move on and hope for a retrace. Posts: 1698 | Registered: Mar 2004
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posted
not too sure about it but i don't think i like seeing relativly big blocks of shares dumped at 0.30+...cause they are probably expecting to buy back in lower
not sure why this posted again
[This message has been edited by Nash (edited September 30, 2004).]
posted
i *really* hope this thing goes lower, my family will go in huge if it ever sees the likes of .25 again.
what's wrong with you people, it's just clay: SELL! SELL! up 60% in a a week, that's gotta correct! eh, it was worth a try. encouraged by the minor afternoon tailoff, at least. this thing is overbought, really hope it follows appropriate chart behavior and retraces soon
posted
Blue, take some profits and take yourself out to dinner. Your patience is admirable and most of all profitable. I'm learning.
Posts: 100 | From: roanoke va usa | Registered: Feb 2004
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posted
my limit-order buybacks started triggering: caught the .29 and .285 ones, i have them placed every half-cent all the way down to .25 for more chunks.
COME ON PEOPLE SELL ME ALL MY ALMI BACK!!!
kind of funny, rooting for a stock you love to completely tank, heh
posted
this is amusing, rooting strongly against ALMI. i feel like almost like i'm rooting for the bucknuts in the michigan-ohio state game. go buckeyes, go scarlet and gray!! ewww i feel so dirty now, that was painful to say.
it's also kind of like that "opposite day" episode of spongebob squarepants, too. maybe i should go out and buy some qbid or cmkx or ocri or some other stock i hate, just to complete my "opposite day". maybe i should *not* drink a beer when i get home, just to be opposite of usual. nah, that would be taking it too far.
posted
you know it's on my ticker, so far no nibbles on my .27 bid though i filled some more at .28 today.
i'm about half-in at this point. there's a risk to being in (buying at too high a price), and a risk to *not* being in (could very easily be an other PR tomorrow). not sure which is bigger, which is why i'm straddling the fence by being half-in. we shall see.
"The company has begun processing the clay not only to fill its 50-ton order, but to also fill other pending sales orders."
"Atlas Mining President and CEO William Jacobson said, "We have been processing small quantities of clay for the past couple of weeks now, and the finished product is the finest I've ever seen." "
posted
always tricky, risk management. i'm surprised it hit .325 today as well, frankly - the PR was nice but not big new huge news. i shed a few thousand at .32 just to manage risk, but - i am going to mostly stay long on this one. learned my lesson getting toasted trying to flip it last week. i think there is a good chance there might be another PR this week, so i want to stay mostly in at this point, especially because i believe in the company long-term. Posts: 1698 | Registered: Mar 2004
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posted
i tried to jump back in first thing this morning but i was greedy and only wanted to pay .28 when i could have got it at .29...ah well...i would have sold at .32 anyway for a quick flip...one of these days i need to get back in long on this one though
any ideas how long they can keep up production untill winter sets in?...or can they produce right through?
posted
i am done "playing" with this one - bought it all back at .315 and .32. i am just going to stay long, i don't want to be caught only half-in on a day they release a big PR and have to chase. maybe i could eke out a little more if i tried to play the bounces, but - this is my favorite stock, i am just going to stay all-in from now on. i like this one to eventually go over $1 in a few years.
i would guess there will be some slowdowns due to the crew having to clear snow and the like. but it sounds promising that they can mine for much of the winter, i believe it is actually temperate way underground in the mine. i am always conservative, so i am only counting on 50% capacity during the heart of the winter.
posted
the really impressive thing about ALMI lately is that it doesn't even take a PR anymore to have a big day like today. if the next few PR's are good and timely enough, this thing might easily break through into the .40's, imho. we shall indeed see. Posts: 1698 | Registered: Mar 2004
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