RE:RE:That's Right; You Are Sell Before The News . . .Dumont,
You stated "1Student: Question, If everyone selling before the news ( whatever and whenever that might be) , how come the price keeps moving up ( not as quickly as you may wish for, but none the less, up )?"
First, I'll admit that until yesterday, you would have been absolutely correct in stating that the NanoXplore share price was day after day being moved up incrementally higher.
That trend ended yesterday with that topping out of the NanoXplore share price at the $0.80 intraday high.
Today's trading session had the share price high topping out at $0.70, i.e. until that last trade of the session closed the share price at $0.71.
You'll also note that today's daily traded shares volume was markedly lower than the previous trading sessions for the week, which is indicative of something most specific.
On a daily closing price for the week though, there is no disputing that you are absolutely correct to suggest that for this now past trading week the closing share price trend was overall clearly upwardly biased.
Although that does not mean that the bulk og the trading was concentrated, on a daily traded volume basis, during the first 4 days of this week.
Today daily volume was down markedly and the intraday high of yesterday was not regained.
Had the share price set another intraday high today, on over 100,000 shares traded volume, that would have been much more indicative of the relative sustaining strength of this recent one week moving upward of the NanoXplore share price.
The intraday share price highs are important indicators of the strength of demand and the clear willingness to pay more for NanoXplore shares. Although, the daily traded shares volumes being overall relatively far too low for the week also indicates that "real" and less likely to be fabricated demand (massging of the share price on low relatively quite low volumes) is simply not as yet been presented.
You stated "Could it not be that a lot of shareholders were somewhat forced to sell over the two years the market was softening and there was no immediate, obvious positives on the near horizon, which culminated in the recent tax loss selling. Many of those sellers are now repurchasing positions as it appears good news may be imminent?"
That is a reasonable take on what could be unfolding; and yet, "real" demand for NanoXplore shares simply is not overwhelmingly indicated by such meager daily traded shares volume accompanied trading action occurring before the clearly expected company press release conveying the requisite detailed particulars with respect to the NanoXplore credit facility.
There is really no hurried excitement being demonstrated by such purchasing action; and that indicates that the expected kind, quality and quantum of company news to be publicly disseminated, as would perhaps solely be pertaining to the NanoXplore credit facility, is not of the kind, quality nor quantum which would serve in creating a frenzied mad dash on the part of those former NanoXplore shareholders towards actually purchasng NanoXplore shares, doing so by way of "market orders" and in a insatiable appeitite demonstrating kind of way.
All those shareholder who dumped their respective NanoXplore equity investments positions did so for a good reason.
It stands to reason that even better reasons are going to have to be presented by or on behalf of the company, in order for all those previous NanoXplore equities investors to repurchase their respective previous exposure to NanoXplore equities in droves.
You stated "Soroush and his team just keep beavering away building a company that we may all be pretty proud of being a part"
I expect there is a lot more that I am somewhat contented by than that which I am dissatisfied by, especially as pertains to Mr. Nazarpour and his team continuing to, as you say, the "beavering away" at building a company that we may all be pretty proud of being a part of.
After all, had that not been the case, I would have been one of those former NanoXplore shareholder having crystalized my serious loss of capital invested and simply not bothering to look at NanoXplore for another 3 to 5 years perhaps.
With respect to "the web site" and any potential "detailed information on how those subsidiary companies Nano has purchased are faring", I will say that I have not really bothered with closely examining the company's website for any indication of the sort of information which you are alluding to Dumont; and I'll also say that NanoXplore in it's entirety is still far too much of "a blackbox", so to speak.
Yes Dumont. The U.S operations have been greatly expanded to incorporate NanoXplore's "Graphene BlackTM" powder and "GBTM" enhanced automotive products and components manufacturing (perhaps anywhere from 89% to 93% by now) since NanoXplore purchased that North Carolina business (lock, stock & Barrel) from Magna international.
What's more, I've long expected much further expansion, perhaps even to another state in addition to the North Carolina operations.
I do recall certain US politicians met with Mr. Nazarpour and the others at NanoXplore. I believe that particular meeting was in regards to NanoXplore's potential expansion into such states governed by such politicians and I expect there was a good conversation had with respect to would be provisioned, local, state and U.S. Federal Governments incentives, grants and other supports, which could be extended to the massive expansion of the depth and breadth of NanoXplore's U.S. operations.
NanoXplore is going to have to raise perhaps much more than $30 Million, in order to pursue and consummate the proposed M&A activity which Pierre-Yves Terrisse has been tasked with evaluating on behalf of NanoXplore.
I expect such proposed M&A activity would also be as relates to the purchasing by and merging with NanoXplore's U.S. subsidiary of another U.S domiciled business vertical.
A good possibility of a U.S. business being acquired by NanoXplore's U.S. subsidiary would have to do with the "Graphene BlackTM" enhanced battery packs enclosures product line to be rolled out in record time.
Soroush Nazarpour suggested that no equities offerings would be undertaken at current share price points. Should we continue to believe Mr. Nazarpour about that declaration, this would mean that the NanoXplore share price would have to be taken much much higher from the current share price point.
Hmm? I am just wondering what kind and quality of NanoXplore news release could make that much much higher NanoXplore share price a reality straight away?
Hmm? Is it possible that NanoXplore would be willing to sell 40% of it's U.S. subsidiary in order to allow a certain OEM partner to infuse a great deal of invested capital, additional required fiscal resources and immense capabilities into supporting the exponential growth of that NanoXplore owned and controlled U.S. subsidiary?
After all, I have always maintained that NanoXplore's USEPA granted "Consent Order" and that North Carolina based subsidiary company were/are both worth their weight in gold.
Let's say a company like Ford elects to become NanoXplore's 40% equity ownership partner in a resulting newly formed subsidiary named XG Sciences, as an example name.
Would a NanoXplore press release conveying precisely such kind and quality of development, as pertains to the U.S. based operations and the "Graphene BlackTM" enhanced product lines to be produced by such a Ford reinforced NanoXplore business enterprise, be enough to rocket the NanoXplore share price upward towards the stars?
Don't mind me Dumont.
I'm just a dreamer here, lol!