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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » ACMG 6 reason I JUST BOUGHT IT! (Page 2)

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Author Topic: ACMG 6 reason I JUST BOUGHT IT!
stocktrader22
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goign down a little before we shoot off...still will take some time to go IMO

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rickpic
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nice volume! Very Stable right here at .048 x .05

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Nothing moves a sub like news!!!

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stocktrader22
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Big Spreads..MM still trying to accumulate before they let this go. Can't wait [Smile]

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stocktrader22
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Rick, besides the technicals..is there certain news we are waiting for?

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rickpic
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I would figure on, further contracts, site plans, and maybe a divi due to the rapid growth. Plastic resin is used world wide and you can bet that any large user is looking at the discount from using this Alcar product. Many contracts will come down the line here!

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Nothing moves a sub like news!!!

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stocktrader22
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Yea...acting like a POS these last few days...ill sit back and wait [Smile]

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rickpic
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I've been going over there plan, as stated on there website and its quite impressive!

http://www.alcarchemicalsgroup.com/investor-info.asp?sec=faq_

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Nothing moves a sub like news!!!

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stocktrader22
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Damn..bid keeps dropping

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rickpic
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don't sweet the lil *#$% its only 60k in volume and mean very little! It looks very stable right here where it is!

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Nothing moves a sub like news!!!

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stocktrader22
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Yea...news and we're off.

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rickpic
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I find it very hard to believe that there is so little interest in this stock! The company has huge active contracts, and on top of plastics resin. They also produce dio fuels. There should be a lot more interest here than there is! One things for sure and that is that the big boys are buying all the lower priced shares and keeping it right here in this range for there own benifit!
If you have not yet done any DD on this stock. I suggest you do!

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stocktrader22
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Yea..this is getting crushed.

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rickpic
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If you have been waiting for a drop here it is! Take advantage of it, cause it ain't staying down here!

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Nothing moves a sub like news!!!

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somehow I don't think that 200k of shares controls this stock! Its MM's who have overloaded covering there short and now they figure, why not walk it down and headge the bet with some cheap shares! Its a game and if your in the market you just have to deal with it!

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Nothing moves a sub like news!!!

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rickpic
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By the way the .041 trade was a new low and could trigger the cross over of the MACD on the way back up! Watch it close!

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Nothing moves a sub like news!!!

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stocktrader22
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Not worried, the stock is performing not so great...but it will explode soon enough...we need another PR with the agreement from the LOI a month ago.

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rickpic
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What LOI? If your talking about the 2 contracts, there a done deal! Maybe theres new royalties contracts for propriatary patent rights coming though! They are after all marketing the rights to individuals and corps in other countries, and they say that that has a very large value!

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Nothing moves a sub like news!!!

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bobcat88
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Alright I'm done buying, picked up 37k over the last two days. Looks promising.

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"Man who excels at putting worm on hook is Master Baiter"

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weatherbill
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Most all penny stocks get manipulated big by the behind the scenes people and are not just a metter of supply and demand and shorters......we will see a huge run up soon enough.....holding for the big money.......

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GSUS - Eternal 100 Bagger!
HCPC - my favorite potential into December

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derek111c
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Hey rick,
how have you been?
Looks like a high probability of an easy double here

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rickpic
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Looks good to me as well! Its starting to get some attention out there! I say Don't wait to buy for more when it runs! Soon is my guess!
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atleast
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did you try to email them?
I did few times and never get a reply...
Any info will be appreciated.

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rickpic
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Hey I layed out whats on the table from the PR's at the top of this thread and thats enough for me! The float is less than 28 million shares, with 78 million restricted, and the net should be $33 million a year. The contracts = $143 million and the patents are worth $85 million! Total Market cap at .045= $4.5 million or $1.26 million if you only count the float! Whats not to like here? Plastics and Bio fuels!!!! Both extremely nessesary products! Way way under valued in my mind!

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Nothing moves a sub like news!!!

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stocktrader22
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LOL 6,000 shares traded so far today...low float and will skyrocket with the next PR.

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Its a sleeper thats for sure! I sleeper with major bounce writen all over it! [Smile]

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Nothing moves a sub like news!!!

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Once again the volume trickles in so as not to pop the price! We have a very talented trader getting ready to feed on a major pop in this stock! Nice Job whoever you are!

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Nothing moves a sub like news!!!

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.044 x .045 it could be time here! Keep your eyes open! Its gonna move really really fast once it gets some momentum under it!

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Nothing moves a sub like news!!!

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stocktrader22
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Yea someone is buying in smart...something is going on here

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bobcat88
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I dont know how "smart" I am but I did add another 3k this morin to make it an even 40k. Had a nice little payday with PAIM this am.

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"Man who excels at putting worm on hook is Master Baiter"

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rickpic
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There is a payday coming here as well! LOOK at THE CHART! Its screaming run me!

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Nothing moves a sub like news!!!

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bobcat88
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Tax man is gonna kill me this year!

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"Man who excels at putting worm on hook is Master Baiter"

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are we complaining about profits??? lol

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Nothing moves a sub like news!!!

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bobcat88
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Not complaining about paying the taxes, I mean my taxguy is gonna have alot of paperwork this year, time to write some things off!

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"Man who excels at putting worm on hook is Master Baiter"

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Well I think this one should net you a relativly easy double to add to the pile!

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Nothing moves a sub like news!!!

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rickpic
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ok so who bought 30k and sold it back at the same price? Whoever the bumb ass is there gonna wish they kept it next week!

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Nothing moves a sub like news!!!

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