CRS Electronics Inc V.LED

Unloading...

[pennylane101]

Does anyone have any insight as to why or who is unloading?   So far 1 million shares have been sold and it's not even noon.   Is the company in trouble?

[stinkinason]

33 Cannacord selling .. So loading I am

[pennylane101]

Hey Stink,   Oh, it's Cannacord is it.    I loaded up too but I was having second thoughts.  It's not like there is a news release and the market is reacting to bad news.   

[stinkinason]

I agree. It's strange .. I took a look at the news release dates august 16 2014 and Canaccord have a link with a private placement of 2.0M$ at 0.18c TORONTO, ONTARIO--(Marketwired - Aug. 11, 2014) - CRS Electronics Inc. ("CRS" or the "Company"), (TSX VENTURE:LED), a developer and manufacturer of LED lighting products, is pleased to announce that it has closed its previously

[pennylane101]

This was last year.  If investors were willing to pay .18 cents per share for the private placement then 1.5 - 2 cents per share is a bargain! 

[stinkinason]

I am very pleased to have been in front of the computer today. I think it's a great chance we had to get shares at that price ! The sell is over IMO. There's buyers at 1.5 and the bid is building rapidly. Let's wait the next NR and hope they can be profitable in 2015. GLTY

[SuperMoney]

Definitely, agree, As I indicated in my previous post, its KVIC Lighting™ brand has won a large hotel project specified by a top lighting design firm. In addition, the company is very well financed. No doubt, the substancial contracts from the top lighting design firm will significantly boost LED company's revenue and profits. The share price will like rebounce to

[SuperMoney]

No insider sells today (please see https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en). This is great. The seller seems already gone today. If no more selling at 0.015, the share price should rebounce up tomorrow. I will definitely load more if bargain shares are still available.   Cheers.

[pennylane101]

All it takes is a news release of a contract with a major U.S. distributor (not so far fetched)  and this stock will pop.  I can't load up anymore than I already have ;0)

[SuperMoney]

I do believe that both large sellers (i.e. 033 and 001) are gone now. The bargain price from them  is no longer available. Once the buys start, the share price will likely pop up.  Cheers.

[pennylane101]

No.  It appears they're still at it.  

[stinkinason]

Not sure what's going on. I will place orders all the way down the bid just in case. The company is more then viable and worth way more then 1.5c. PP at 18cents last year. New KVIC products, quality and cheap LED. Next news should be out soon.

[SuperMoney]

Definitely agree. I already have 450k shares bought at 0.015-0.02. I already put 600k bid orders at 0.01 two days ago, and I will add another 300k bid orders at 0.01 again just in case. I am still thinking if I should buy more shares at 0.015 because the shares are really cheap now and once they are gone, they are no longer available.    Cheers.

[SuperMoney]

The bid orders at 0.01 are surging to more than 3 million now. We are just waiting for the two large sellers (i.e. 033 and 001) to sell their shares if they still have more.  Good luck to all of us.

[stinkinason]

I believe Canaccord have more to sell. Will they sell at 0.01c ? I HOPE SO !

[SuperMoney]

Some people put their bids at 0.015 now. If 033 and 001 still have shares, they will sell them now. Otherwise, probably they are gone or changed their mind. Clearly, investors are seeing LED’s products and assets worth way more than it is currently trading. Once investors realize the two sellers gone, the share price will likely pop up to 0.025-0.035 immediately (which actually was the normal