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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Bullboard Posts
Comment by TAswingon Aug 07, 2016 8:08am
190 Views
Post# 25117453

RE:RE:any guesses

RE:RE:any guessesI don't think it's going to take that long for substantial news to pump this up again. The patent is one thing that will move it up and could happen this year and the fact that this company might now be a potential acquisition for other companies might push GE to take a risk and buy them out earlier than expected if we don't see an offer from an oil giant before. Just speculations about that kind of scenario will definitely move this thing a little bit higher even if you're right about the timeframe. 


saudersob wrote:
I just don't think there are many shares out there being traded so thigns can just move up or down for no real reason.  I don't think technical analysis of this stock makes sense because there's not enough volume and the price didn't move until the big news with GE.  I can't imagine there is significant news to come given that the GE tests are happening in 2017. 

In my view, this thing will keep fluctuation on pure speculation until the results come out in 2017.  Then this will move one direction or the other for a sustainable amount of time.


Bullboard Posts