And two more for 18mil each since I started writing!
Who opened the flood gates?!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Everything is on the bid. Could this be a release of shares from CNES to cover bills?
Or is this something else?
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Regardless if they are buys or sells there are now a lot of people in big now. There were more than a couple 5 and 10 thousand purchases in there. I don't understand what happened but it got my blood running!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
I'm a novice on Level 2's (don't pay for em) but I think you are seeing the high end of the spread. I haven't heard that NITE is one to sit on the high side though...I had heard he almost always sits on the bid.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Interesting...I have only watched for a few days...but the fact that Nite "went" there at 12:04 was interesting...everyone else that is there have been there since 7:30...we'll have to see...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
all that business * 3 and then look at the large buys * 4 afterwards. something is definitely screwy here.
had that many shares really been dumped on the open market like some ppl are saying we would be * 1 instead of *4 - IMO
Posts: 960 | Registered: Sep 2005
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quote:Originally posted by iwearpro: After talks with the ceo last month I bet they are having a hay day with this stock at these prices. He flat out told me that they were selling off CD'S to keep the business going. They are dilutting as fast as people are buying.If you are buying in at anything over .0003 and you plan to hold it you will lose what you have...trust me. Untill well into the first contract and the funds are in the bank,they will sell off CD'S and dilute it back down so they can survive. After this weeks buying is done it will settle back down to the .0002-.0004 range but I would say no higher. I have watched this stock for so long and have talked with the ceo a couple of times and both times he told me the same thing.
Good luck to all but write it off as a play and dont be affraid to take what profits you have.
posted
wow iwear....you just keep posting that. it's been very helpful the other 25 times you've copied and pasted it.
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posted
lol, no I'm still averaged in * 2 from a while back. just tired of that SAME thing being posted again and again. one might start to think you have an agenda. :-)
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The line is wearing a little thin. You may be right about today. But if you are then the fact that it took less than thirty minutes for those shares to be picked up at .0003 should be taken into account. There are a lot of people who think this could be a golden egg. You don't flip $10,000 worth of shares!
I think today was a share dump. But the activity that insued tells me that every other time you have posted that message you were in error. We did....800 mil. If that's the drop then we are still under 10 bil o/s and we won't see another drop until at least next month if they stay true to patterns.
Good amount of time for a contract to rev the engines!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Not if there were enough people sitting on .0003 with GTC orders. I agree, there is a couple wierd components to this that don't really add up but what are the other options? I don't see that many investors deciding to sell at .0003 all at the same time. Do you think the MM's are doing something with the float?
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
I'm not sure what's going on to be honest...but a 'dump' makes no sense to me. If that were the case I just don't see the PPS stayiing where it is.
Something is screwy here...just hasn't been made visible to us yet I guess. Partners buying shares is a possbility I guess...those buys last week EOD and this today....it's bizarre.
Posts: 960 | Registered: Sep 2005
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posted
FWIW: This came from the IHub board. Interesting thing is that the money flow, acccumulation and distribution chart backs up the statement. Chart also indicates a bounce soon.
Posted by: gatorhistory In reply to: None Date:2/22/2006 8:54:04 PM Post #of 1442
check the charts, the accum/dist. chart jumped higher again with what happened today. nobody 'dumped' anything.
Posted by: ozone_park In reply to: gatorhistory who wrote msg# 1437 Date:2/22/2006 9:50:33 PM Post #of 1442
large micro-fund is absorbing all the CNES shrs - this was posted in one of the chat rooms that I subscribe ... when I asked for the name of the fund ... no answer was given. Hopefully we will get some PR revealing the source acquiring all these shrs, .... that news alone would be very bullish if & when it's released.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
Chopper... Great find. I would like to know when they find out "WHO" is gobbling up the shares. Rumor last month was GE...What do you think?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Could make sense. But how did they get it all at .0003 yesturday. Is CNES deliberately releasing shares to them? Or will the MM's sell a big chunk of the float at Bid if the order is big enough? I like the idea but I don't understand the mechanics of it.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Well...if it is a fund buying all these shares...you would think some of the MM's would begin to hoard their own shares in anticipation of whatever the manager of the fund knows.
Is there anyway to find out who is buying all these shares?
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posted
High volume really only matters when the PPS actually moves. Doesn't look like CNES is "moving fast" like the name of this thread. Jeers for CNES.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Agenda SCE Advanced Metering Infrastructure Program Technology Advisory Board (TAB) Meeting Thursday, February 2, 2006 9 am – 4:15 pm □ Program Status Overview (30 mins.) □ Collaboration with OpenAMI, Intelligrid, Gridwise, IEC, CMU, & CEC DR Research • How do you propose we can leverage each others' activity and work product to our mutual benefit • Introduction of the UtilityAMI proposal and discussion on how such a group could best serve the industry's interests on interoperability and security □ Technology Trend Discussion • Wireless vs. wired solutions to WAN? Where is wireless going (e.g. WiMax, Wifi, etc.)? • Other factors influencing AMI that may require tradeoffs • Building standards requiring programmable communicating thermostats • Demand response and energy efficiency programs • Solar and distributed generation initiatives • Technology advancements in appliance and grid controls • How should SCE be thinking about an AMI technology strategy given developments over the next 3 to 10 years? • How do we protect against choosing a system that may have fatal flaws in the future? □ Wrap-up (15 minutes) • Date, location and agenda for next TAB meeting • Administrative items
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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(I guess I must be bored today to think that is worth posting.)
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
I like the way things are going actually, the price is steady, witht he RSI and Stochs coming down. once they get below support, BOOM, the stock will rise again, and I think this time I will be more carefully watching it.
-------------------- Real Estate and Stocks All the way. Posts: 318 | From: Toronto | Registered: Jun 2005
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posted
Nice accumulation line chart--bigger base forming than last move to .0010. Steady is definitely a good description of what is happening. CNES showed with several billion + volume days that it can indeed move. The micro fund accumulation theory is intriguing but could it also be MMs increasing their holdings in anticipation of possible major run to .0050 + ?? I believe that run to .0010 of several weeks ago foreshadows a larger move that may happen in the very near future. Some of the pundits/bashers or average-downers who constantly harp about O/S in billions seem to forget we've seen several billion + volume days in early February and that an O/S around 9-10 billion would require billion + volume to budge. It's already happened--and with continuuing accumulation that appears to be increasing--why can't it happen again this time with bigger move breaking well above .0010?
-------------------- yourdiligence Posts: 197 | From: western U.S. | Registered: Jan 2005
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posted
3. Why is SCE pursuing a new approach rather than simply installing today’s commercially available meter technology? Today’s solutions don’t go far enough to reduce SCE’s operating costs, improve service reliability, or expand upon customer benefits. In some cases, add-on features providing more functionality were available for some of the off-the-shelf products, but are very costly options. SCE is not in the business, nor does it want to get in the business of manufacturing meters. Rather, this effort will involve a broad community of vendors, utilities, regulators, and interested parties supporting an Open AMI reference design or architecture. SCE intends to ultimately engage more than one vendor that may have or will have products that meet specified requirements.
My bet is CNES can get picked if they have the right reply to this:
6. Why is SCE interested in an AMI solution using open standards and interoperability? A key goal for SCE is to ensure that an investment in advanced metering for its service territory will be based on competitive and interoperable products. SCE believes the use of open architecture principles and resulting interoperability will allow the AMI system to be flexible and extend its usefulness beyond what we can determine today. SCE believes this is particularly important given the rapid technology changes and emergent innovations in customer energy systems and distribution automation that could be enabled by an open AMI system.
1 See SCE’s March 30, 2005 Application for Approval of Advanced Metering Infrastructure Deployment Strategy and Cost Recovery Mechanism.
I have called CNES to see if they will join Open AMI. They have not gotten back to me. Maybe their reply will be in a good MR on March 7th.
Beware the cnES of March.
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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THE STATE New Power Meters Show Users the Money Two utilities plan to let customers see the price of electricity in real time and control their costs. By Marc Lifsher, Times Staff Writer
Kieran Wong likes flexing his power.
Two years ago, the 42-year-old furniture salesman had an "advanced" electricity meter installed in his Valencia home as part of a pilot project designed to see whether the high-tech devices could help customers save power.
As far as Wong is concerned, it worked. On hot summer afternoons in the Santa Clarita Valley — when power prices are at their highest — the meter and a "smart" thermostat that displayed real-time electricity prices helped Wong reduce power consumption and cut his monthly bill by almost 30%, from about $70 to $50.
"I could plan my cost and usage instead of guessing," he said. "I could see where I was using too much energy and reduce it."
Wong's enthusiasm is shared by California regulators and two of the state's biggest utilities. Pacific Gas & Electric Co. and San Diego Gas & Electric Co. plan to spend $2 billion over the next several years installing millions of the advanced meters in homes across the Golden State. Customers can expect a small hike in electricity rates to pay for the program.
The meters are actually mini-computers that communicate with a utility's central data center, providing real-time information on how much electricity a customer is using and when it's being used.
Data provided by the meters enable utilities to offer voluntary "variable pricing" plans. Under the plans, customers are charged more for power used during peak periods such as weekday afternoons when electricity supplies are tight and prices are high, and less at night and on weekends, when demand and prices are lower.
The goal is to alleviate the state's power crunch by giving customers a financial reward for running their dishwashers at night — or dinging them for jacking up the air conditioning on hot afternoons.
There's a bonus for utilities: They currently employ thousands of meter readers who periodically slip into backyards to manually record customers' electricity use — jobs that would go the way of the milkman if advanced metering became universal.
"I always knew this was coming. Technology has pretty much taken over," said Mike Boyle, a PG&E worker who says he reads as many as 1,300 meters a day in Vacaville, northeast of San Francisco.
Like the Flex Your Power program the state launched during the 2000-01 energy crisis, advanced metering relies on consumers to voluntarily reduce the amount of electricity they use. But regulators hope variable pricing will promote conservation in a state where rolling blackouts remain a threat.
Similar schemes have cut power consumption and costs in Pennsylvania, Florida, Sweden and elsewhere, said California Energy Commission member Arthur Rosenfield. The energy commission thinks the program could cut energy use in California by 1% on peak summer days, when the danger of blackouts is greatest. In addition, the program would reduce the hidden subsidy that residents of the state's cooler coastal regions pay to support the energy needs of the fast-growing interior valley and high desert regions, he said.
In the state-sponsored pilot project, high-tech meters were installed in 2,500 homes and the customers were billed under a variety of variable-pricing plans. Electricity use fell by an average of 13%.
"The old straw that electricity demand [isn't affected by price] is not true at all," said Roger Levy, a consultant with the energy commission.
The pilot project made a believer out of Robert Birkmaier, a PG&E customer who runs a contracting business from his five-bedroom home in Merced. Birkmaier was able to cut his electricity bill by 25% even while battling the San Joaquin Valley's torrid summer heat.
"I got to be a little smart," he said. "If I know it's going to be hot, I close up the windows and the house at 10 or 11 [in the morning] and stay fairly comfortable until 3 or 4 p.m. I don't turn on the air conditioner until 7," when rates drop.
Birkmaier said he didn't mind paying extra to run his air conditioner a little earlier on occasion. "If I have a dinner party going and guests are coming for dinner, I bite the bullet and flip on the air conditioner."
Participants in the pilot program who were provided with "smart" electronic thermostats in addition to advanced meters enjoyed even greater control over their kilowatts.
Kathy Chomuk, who lives in Valencia with her husband and son in a 2,400-square-foot house, said the thermostat provided pricing information that helped her manage her household budget and her chores.
One afternoon, the 43-year-old legal secretary recalled, she planned to do a load of laundry. But first she checked her thermostat.
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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"Rates were about 26 cents [per kilowatt-hour], so I said, 'Forget it,' " Chomuk said. The clothes were washed a few hours later, when the rate dropped to 9 cents.
Armed with the pilot project results, PG&E will begin installing 5 million advanced meters this fall in Northern and Central California. In Orange and San Diego counties, SDG&E is moving ahead with plans to put 1.3 million new electric meters in homes and small businesses in 2008 and 2009.
Not everyone is convinced that the average ratepayer really wants to micromanage energy consumption.
"People don't spend every waking moment thinking about the average cost of electricity," said Marc Joseph, an attorney with the meter readers' union.
And even if they did, skeptics say, energy conservation wouldn't necessarily follow.
"If I'm a residential customer and it's hot outside, I've got to run my air conditioner," said Bob Finkelstein, executive director of the Utility Reform Network, a ratepayer advocacy group known as TURN.
"I'm not going to go home and unplug my refrigerator from 4 to 7 p.m."
In filings with the state Public Utilities Commission, which sponsored the pilot program, TURN contends that PG&E overestimated the benefits and underestimated the costs of the utility's advanced meter proposal.
Advanced meters cost about $100 each, and PG&E said it would recover its initial investment by raising residential and small-business electricity rates by an average of 1.1%. Buying — and paying for — smart thermostats would be left up to the customers.
The meters should quickly pay for themselves and lead to lower rates over time, said Jana Corey, PG&E's advanced metering project manager.
The utility expects to recover most of the $1.6-billion cost of the program by eliminating its 900 meter readers and by shrinking other operational costs. Other cost savings made possible by the advanced meters include spotting the exact location of outages before dispatching line repair crews; reducing power theft; and giving customers more accurate billing statements. In addition, cutting power use would reduce the need to build power plants.
More savings would come from tying about 4,000 natural gas meters into the remote meter network, although gas bills still would be based on a per-unit price for total monthly consumption.
Existing discounts for low-income, elderly and infirm customers would be unaffected by the new pricing.
In contrast to PG&E and SDG&E, the state's third big investor-owned utility is taking a slower approach to advanced metering. Southern California Edison Co., which has more than 4 million residential and small-business customers in the Los Angeles Basin and parts of the coast and Central Valley, says it's waiting to develop even smarter meters and won't shift completely to the new technology until 2013.
Los Angeles' Department of Water and Power, with 1.4 million customers, said it had no plan to install advanced meters.
Edison says it has already made its transmission system more efficient and wouldn't get the same savings as PG&E and SDG&E with the current generation of meters.
"The benefits have to be greater than the costs, and with the existing technology, that's not the case," said Lynda L. Ziegler, Edison's vice president of customer programs and services.
Birkmaier, the Merced resident, might disagree. A little knowledge, he figures, can turn even the most die-hard kilowatt burner into a conservationist.
"Most people are a little ignorant about power," he said. "They get up in the morning and want to shave but don't know where those electrons are coming from.
"But if you sting 'em with more money, they'll start learning."
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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LA Pilot Plot Plan Valencia California Scale 1/16 – 1’ Updated 08.06.04
+
Two years ago, the 42-year-old furniture salesman had an "advanced" electricity meter installed in his Valencia home as part of a pilot project designed to see whether the high-tech devices could help customers save power.
=
CNES : )
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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