Never seen a stock like this. I dont have much experience with OTC stocks so this may be normal.
It seems like this stock has a rock hard support at about $1.05, and every once in a while some new people will get in to drive it up to $1.25, then it sells back off to to support again.
This would be a great channel stock if it had any real volume. You could not move more then 2 or 3K worth of shares thought without having a serious effect on the price.
This is certainly not a pump and dump. Its the opposite.
It seems like the people over a Balqon want to keep this thing a secret for some reason.
When does those options expire that the guy from china got for $1.50
Cant find any news.
It seems like this stock has a rock hard support at about $1.05, and every once in a while some new people will get in to drive it up to $1.25, then it sells back off to to support again.
This would be a great channel stock if it had any real volume. You could not move more then 2 or 3K worth of shares thought without having a serious effect on the price.
This is certainly not a pump and dump. Its the opposite.
It seems like the people over a Balqon want to keep this thing a secret for some reason.
When does those options expire that the guy from china got for $1.50
Cant find any news.
Somebody dumped 70K shares yesterday and most of the support is gone in that $1.00 - $1.10 range. I am waiting for Q-1 numbers. That will tell the story. I think they are shipping a lot of crap but we won't know till these fawks actually tell us something in a press release or file the Q.
Q is due around April 15 i believe. I will confirm. The 10K won't say a lot because they were not shipping much the last Q of 2010.
I'm hoping they hire a real CEO. I swear, if this happens you can turn out the lights.
Q is due around April 15 i believe. I will confirm. The 10K won't say a lot because they were not shipping much the last Q of 2010.
I'm hoping they hire a real CEO. I swear, if this happens you can turn out the lights.
Notification that Annual Report will be submitted late (NT 10-K)
http://ih.advfn.com/p.php?pid=nmona&article=47136055
http://ih.advfn.com/p.php?pid=nmona&article=47136055
CHop. Next week I will be at the company. I spoke to a few people yesterday. I don't think much will change for at least 2 weeks. Maybe 3. In short, I doubt I will find out exactly what is coming but I should have a good idea or feeling what is about to happen. Last time I went to one of these meetings I had a feeling we were getting that order from China but I didn't have a clue what news was coming. That's why I posted here that I think BLQN is a great buy at 60 cents. It went to $1.90 pretty fast from that post and now has settled. If you're in LA come check out the facility when I'm there. I'll tell them you are an associate of mine invested in BLQN.
Not going to be buying or selling until I have a better feel for what is going on.
Not going to be buying or selling until I have a better feel for what is going on.
That's a really nice gesture. Wish I was in LA, as I am vested as well. I am also holding out to see what to do based on your post mostly, so keep us posted please. Staying optimistic and hoping for the best. Keep up the good work. It is greatly appreciated.
Yes GNG.
You are our only real source besides bits and pieces I can pick up on Google.
Feel free to keep us updated.
And dont worry. I wont get mad at you if this thing tanks.
I knew the risk going into this.
I took the plunge because I know that this is at least a real company, and thats more then 95% of these OTC stocks can say.
I also believe that what they are selling has a real market with a big profit margin, and that market keeps getting bigger and bigger everyday with every penny that oil goes up in price.
I could see this exploding with $5 gas.
I do agree with you that the marketing department sucks, and the CEO does not know how to run a business.
These are things that can be corrected. I just wish someone with some leadership can lead this company.
And I dont live in L.A. I live in Louisiana.
Believe me, If I lived in L.A I would have gone over there a long time ago.
PS: According to them the annual report comes out tommorow.
You are our only real source besides bits and pieces I can pick up on Google.
Feel free to keep us updated.
And dont worry. I wont get mad at you if this thing tanks.
I knew the risk going into this.
I took the plunge because I know that this is at least a real company, and thats more then 95% of these OTC stocks can say.
I also believe that what they are selling has a real market with a big profit margin, and that market keeps getting bigger and bigger everyday with every penny that oil goes up in price.
I could see this exploding with $5 gas.
I do agree with you that the marketing department sucks, and the CEO does not know how to run a business.
These are things that can be corrected. I just wish someone with some leadership can lead this company.
And I dont live in L.A. I live in Louisiana.
Believe me, If I lived in L.A I would have gone over there a long time ago.
PS: According to them the annual report comes out tommorow.
But it still takes 500 shares of that stock you have been pumping to =1 share of BLQN.
Your 1st post in this thread said that this was a pump and dump. Your second post in this thread you are saying its illiquid.
Is it say to say you dont know what you are talking about?
Im sorry for the last post. It came out more rude then I intended.
You were just giving your opinion on the matter, which you have a 100% right to do.
Good luck on your investments.
As of April 12, 2011, Balqon had a backlog of approximately $18,540,429 as compared to $2,747,856 in April 2010
This is huge. Thats a backlog high enough to make this company profitable in 6 months.
If you ever wanted to get involved in this company right now is the perfect time.
This is huge. Thats a backlog high enough to make this company profitable in 6 months.
If you ever wanted to get involved in this company right now is the perfect time.
Guys. If you have some BLQN hold it for at least 30 more days. I firmly believe that this stock will be trading on the NASDAQ this time next year. For that to happen they need more big orders. The company stays quite which I hate but if this company just spent $10K a month on IR/PR they'd be trading with volume over $1.50 a share. I think these guys go big.
