$SOPW – Solar Power Inc. To Offload Shares Under The Lock-Up Provision

Solar_Power_Inc.To_Offload_Shares_Under_The_Lock-Up_Provision 

Sourced & credit goes to: http://wallstreetpr.com/solar-power-inc-otcmktssopw-to-offload-shares-under-the-lock-up-provision-33234


Posted on Oct 8 2014 – 9:46am by Benjamin Roussey 
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OTCMKTS:SOPWSolar Power Inc. (OTCMKTS:SOPW) 

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Boston, MA 10/08/2014 (wallstreetpr) – Solar Power Inc. (OTCMKTS:SOPW) has sealed a definitive purchase agreement for its common stock, valued at $43.8 million in a private placement. Cash from the transaction is to be used for bolstering the company’s YES Solar solution investment plan with the remainder being used as working capital. 

Lead Investor 

Solar Power Inc. (OTCMKTS:SOPW) plans to use part of the amount to cater for a strategic investment in Guocang Group Limited. Business Wire reports that the lead investor in a private placement is a subsidiary of Evergrande Real Estate Grouo, considered as one of the biggest real estate developers in China. 

Solar Power Inc. (OTCMKTS:SOPW) will be looking to offload up to 31,739,500 shares at a share price of $1.38. U.S investors are barred from the transaction under the U.S Securities act as amended. The purchase agreement is made of representations, warranties and covenants of SPI Solar and subject to the satisfaction of customary closing condition. 

Shares being sold Under Lock-Up Provision 

Solar Power expects financing from the private partners to be sufficient in strategically positioning it in the fast growing solar market especially in China. The solar giant has already signed a non-binding MOU with Evergrande as the pair look to subscribe shares in Guocang Group limited. Shares being offloaded are to be sold under the lock-up provision. Once the transaction is finalized, investors will be barred from selling any of their acquired stakes until the expiry of a three months period. 

The transaction is expected to close before October 16, 2014 subject to the satisfaction of waiver and closing conditions. Placement of the shares for sale comes weeks after the company entered into an agreement for the construction a 19 megawatt solar project in Shandong Province. The company is also in the process of buying a special purpose vehicle that owns rights to the project

$ENDO #marijuana stock w/ perfect chart setup. imo. #MMPR #USA

This is my favorite chart setup for a potential breakout to the upside. There is a 1 million share bid at $0.025 offering strong support. Last Friday they took out the 336,500 offer at $0.027. This company is in the medical marijuana space. Provided the 0.025 bid can hold, this is a good entry area for a 100% gainer in the very short term.

ENDO-time-sales-oct-03-2014

I also caught PSID very early and I blogged about it here.

Also find my PSID videos on youtube.

I have been accumulating ENDO near the $0.025 bid for the past week or two and it is on my immediate watch list for a potential long breakout.

As of May 31 2013 there is currently 67,886,647 shares outstanding. http://www.otcmarkets.com/stock/ENDO/profile

Yahoo Finance gives ENDO an enterprise value of 2.99M as of Oct 7, 2014. http://finance.yahoo.com/q/ks?s=ENDO+Key+Statistics

So for ENDO stock price to be trading at the current enterprise valuation, the share price would need to go up 76% from current levels to a stock price of $0.044. I think the current risk to reward presented by this market is an excellent opportunity.

Nevermind the fact that Omnicanna Health Solutions, Inc. $ENDO is a stock in the medical marijuana industry. From what I hear a lot of investors are accumulating these types of stocks going into the 2014 fall/winter season (see below for further proof of this).

ENDO-weekly-chart-09-30-2014

 

CURRENT LEVEL 2 SCREENSHOT

CURRENT LEVEL 2 SCREENSHOT

https://www.facebook.com/SneebsStockWorld/posts/341423419346558

Hello members. Our “WEED” Trade plan is almost here. We have
already taken a couple positions that we have successfully converted to
FREE shares. Good job on that.
Let me get started with a small description of what we will be
doing.
Elections are coming upon us quickly. On many of those ballots,
there will be marijuana legalization ballots for many many states. Some
will be just for medical marijuana
and some will be for recreational marijuana. We plan on taking advantage
of this. With the massive success and revenues that Colorado, California
and a couple others that have already legalized weed, I feel that many
more states cannot deny the potential for revenue from this industry.
Therefore, we should see many states jumping on board.
The trade plan is to start buying a handful of “weed” stocks and
converting them to “FREE” shares as often as possible. When I say
convert to free shares, we sell only what we put into the stock +
commissions and hold the rest of shares. As we do this multiple times
from now until mid to end of January, we should be able to accumulate a
crapload of shares that cost us absolutely nothing. So for example, (we
will use ERBB since we already converted 50%). We buy ERBB at .012 and
it makes a run to .018. We now have 50% profits. We would sell 60% of
our shares giving us our initial entry and commission back and holding
the remainder of shares for the long term. Then ERBB pulls back to
.012 again. We grab again and it runs to .018 again. we sell that same
60% and we just added to our first set of freebie. Now we have even more
free shares. Rinse and repeat.
We will be doing this on a few of the weed stocks. We will start
very soon and play these not only into the elections, but well past
them. Here is why. As these states legalize weed, that vote does not get
implemented until Jan 1st. Now the more the states that legalize, the
better these will run. Then after Jan 1st we start seeing the revenues
from said states. We will be out of ALL of our FREE shares no later than
Jan 31. Every single year weeds run into electiona and sell off in Feb.
Last year we sold all weed stocks at the perfect time. After my sell
alerts on everything, They all dropped and never recovered. Happens
every year.
Now how much do we buy? How many different stocks do we play? This
all depends on your account size. If you have a smaller account, you may
just want to enter 2 or 3 max. there could be times when we have
positions in 8 different stocks. Depending on your portfolio size is the
amount we drop into each trade. We DO NOT want to go all in here. IF you
only have a $500 account, then you may only want to put $250 into each
trade. That way you can play at least 2 stocks. I think $250 is minimum
buy in when converting to freebies. even a 10% win on that particular
trade will still get you out even. IF you only put $100 you would need a
good 20%+ just to break even. Also 10% stop loss would only be $25 with
a $250 trade.
If you have a good sized account, I wouldn’t put any more that $1K
into each trade. keep in mind if we in 8 trades at once, thats still $8K
into them. NEVER go all in. NEVER. We will have a couple that will drop
on us. Hopefully we will have free shares when that happens and it won’t
matter.
I will be putting out a detailed list of stocks that we will be
trading. I will also be putting with each stock a complete Due Diligence
Report with financials, product and such.
Sometimes we will run into a trade that we only get 10-20% on
before it starts pulling back. trades like that, we can just sell all of
just that particular play on the stock and put a couple bucks in our
pockets. It would be great to have a couple stocks where we accumulate
1M shares or more and they run to .10 That alone would be $100K per
stock. Sounds great. That is our goal. Will it be reached? I hope so.
So stay tuned for upcoming emails (very soon) Hoping to have first
couple stocks with DD released to you guys this week or weekend. Its a
crapload of work for me, But you guys are worth it.
Hope to see you in chat. Our chat numbers are starting to increase
again with summer almost over.
Thanks, Steve aka Sneeb

$QTMM what goes up… must come down.

[10:06AM]DazeTrader: $QTMM is being pumped, it is being manipulated higher by the “iHub/twitter” pumpers. It should make for a good short sell very soon. Yesterday it slipped down to 0.22 from highs of 0.28 just a day or two ago.

[10:09AM]DazeTrader:This guy “Emylers” is a pumper and wrote this post this morning to pump QTMM, http://investorshangout.com/post/view?id=1611093. I also checked his twitter and confirmed he is a pure pumper. https://twitter.com/Emylers. He also pumped HPNN at one point, and many other failures I’m sure.

[10:09AM]DazeTrader:I am short 2500 shares from 0.2688 this morning.

QTMM has a 52 Week Range of $0.033 to $0.281. Right now the last trade is at $0.27. You tell me, is it easier for a stock like this to keep moving higher… or come back down to earth? Now of course it also depends on how much the stock promoters will pump and push this stock, but their attempts to push the stock higher seem to be coming to an end.

QTMM-daily-06-25-2014

We often see large 100K or 200K offers very abruptly come down on the offer and create mini dumps or flash crashes in the stock… such as yesterday when it dipped down to $0.22.

Here is a post from the QTMM iHUB board: QTMM No supply shortage. There are 10 different MM’s offering shares from 27 to 29 cents. It’s a demand issue. http://bit.ly/1l71xvn

Here is a 5 minute video of some level 2 trading action in this stock.

 

I am considering this investment idea in $RSH put options

I just offered out 2 contracts to test the waters in the RSH Jan 2015 $0.50 put for $0.17 on the offer, and got filled within 10 minutes… hmm.. interesting… but the risk/reward is extremely low! I mean, 0.50 minus 0.17 = $0.33 per 100 shares if the stock is put to me. So my max loss if the company went to zero would be $66 of real money.
we will likely win on the fact that implied volatility will decrease gradually over the next few weeks and months so i’m pretty sure we’ll be able to manage a winning trade in the not too distant future.
Here is the option chains just for reference to where we are at the present moment:
RSH-option-chain

Knock Knock $ANY.V One Home? (SPHERE 3D CORPORATION)

A contact of mine from twitter is the only reason I came across this stock, nowhere else had I seen anyone mention it, and it didn’t come up on my radar at all (not that I was searching too hard). Sphere 3D Corp is a technology development company focused on establishing its patent pending emulation and virtualization technology. The CEO is Peter Tassiopoulos. And it has a current Market Cap: 219.86m.
The first thing I did was pull up the chart of ANY.V and said to myself, I need to be prepared to bet against this company. It is my opinion that any company who is listed on the TSX Venture and is trading above $1.00 per share needs to be looked at with the potential of short selling / betting against the stock. As you can see ANY.V has a 52wk range of $0.44 to $9.74, and closed today at $9.39 per share.
ANY-VN-ALL-TIME-DATA
Read this article published today by thestreetsweeper.org, leaving you with the impression that things will end badly for ANY.V. We don’t know the exact day when the stock will collapse, but when it does, it will quite likely shed at least 50% of it’s share price within a 1-3 day period (whenever that time might be).
Share Information
Average Volume(10 Day): 57.26k
Outstanding: 23.41m
Float: N/AShort Interest: 1.53m (as of 05/01/14)
Short Interest Ratio: 8.78
% of Float: 6.60%

Holdings
Institute Hold’gs: 12.30% (as of 04/30/14)
Institutions Bought Prev 3 Mo: 2.55m
Institutions Sold Prev 3 Mo: 0
Total Held: 2.64m
Institutions (13F or SEDAR Filings): 4
This stock has a dual listing on the US markets as well. The ticker is SPIHF and it trades on the OTC/PINKsheet market. Notice the short sale amount has nearly doubled from Apr 30, 2014 to May 15, 2014.
SPIHF-short-sales-data
I like to see what type of insider transactions are present just to get a quick glance. As you can see, Sheldon Inwentash has been a very active buyer of shares in the public market… interesting.

This stock is very hard to borrow, but I have found one broker that will allow one to short sell at will. 
IT IS NOT A MATTER OF IF IT WILL COLLAPSE, IT IS JUST A MATTER OF WHEN!

$MCP more bearish option activity

What are your thoughts going into $MCP earnings, is the risk to the downside or the upside? @fedtrans @fioritojarrad @mktmitch @stockguy22  1:11 PM – 5 May 2014

twitter-MCP-going-into-earnings-question

 

 

$MCP May 09 2014 $4.50 strike $Put has 5889 volume (Initiated by buyers) compared to 2276 Open interest. Going into earnings May 07 AMC.  1:31 PM – 6 May 2014

- The above tweet implied bearish sentiment going into the earnings announcement the next day (May 07). Well, they definitely picked the right side of the trade.  As seen in the chart below, they purchased these contracts around $0.18 and today this contract hit a high of $0.90. It doesn’t look like they are closing their positions though, or at least not yet.

MCP-May-09-4_5dollar-put

 

Well the put buying hasn’t let up yet. As noted by CBOE’s tweet:

 Active puts @ CBOE; $TSLA 5/9/14 180 $VXX Sept 33 $SUNE Jan 12 $TSLA 5/9/14 180 $MCP 1/15/16 4
I decided to go check out how these positions were initiated to try and determine if it was buyers or sellers that initiated the position, this gives us their sentiment on the stock, and in this case, it’s bearish by the look of it.
MCP 01-15-16 4dollar -active-puts(1)
MCP 01-15-16 4dollar -active-puts

What the $GFOX said… 40% drop in two days

Within the last 2 days of trading, $GFOX declined a total of 40%, starting at a high of $1.70 yesterday and hitting a low of $1.01 today, before closing at $1.20 down -22%. I personally made a 29% gain on this play, see the trade details here.

GFOX-two-day-chart-03-18-2014

In short, (pun intended) it is fairly safe to say that the $GFOX has been laid to rest. I noticed that ever since @FraudResearch published this article on Seeking Alpha, it’s as if the $GFOX market consumed some bad chicken feed. Read the article on SeekingAlpha if you wish to learn about the people behind this pennystock promotion campaign.

what-does-the-gfox-say

Here is the daily chart with approximately 4 months worth of trading data.

GFOX-daily-03-18-2014-screenr-url

I actually captured a 5 minute video of live trading the day of March 3 2014 when $GFOX re-tested it’s 52wk high and fell 1 penny short of the $2.72 52wk high. The fact that $GFOX could not make a new 52wk high means it’s a perfect time to sell your long position and/or get short.

$GFOX was a very hard stock to find borrows (short shares) as noted by my broker. GFOX-hard-to-borrow

Consider yourself lucky even if you managed to find 100 shares to sell short of this stock. As of Feb 28, 2014 there are 282,449 shares of $GFOX sold short. You can see the data and it’s history here: http://www.otcmarkets.com/stock/GFOX/short-sales

I was one of the lucky ones that found some shares to short and I made a 29% gain on the trade, closing my short position at $1.22 this morning. I wasn’t actually at my desk when my GFOX trade executed, which may have been a blessing, preventing me from closing out earlier. Although I did miss the panic selling, which is usually the place where one wants to cover their short position.

GFOX-1-min-chart-03-18-2014

GFOX-profitly-trade

 

You too can learn how to do this by joining us in the Timothy Sykes TimAlerts chatroom, which is moderated by the two Tim Sykes millionaire students Kroyrunner and michaelgoode. Kroyrunner has been all over the media lately, with help from Tim Sykes. My Top Student’s Journey From $1,500 To $1 Million In 3 Years, 100% Pure Inspiration For Traders. Here is a link to Kroyrunner’s blog too!

 

PositiveID Corporation (PSID) – a beautiful chart setup with huge upside potential

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NEW YEARS sale ends in a few days: Save 50%+ off Timothy Sykes’ newsletters and DVDs.

PSID is under-valued & promo is about to-begin. The risk/reward as per fund valuation & chart is excellent for a long, imo.

PSID hired Howard Gostfrand (President, American Capital Ventures) for investor relations, known for $CYBK, $PPSI, $CREG.

IMO, for PSID to trade @ fair enterprise value price needs to increase to $0.068. (+250% from today’s price) http://yhoo.it/1gEkrdn

PSID-stockcharts-daily-01-09-2014

 

PSID large bid

 

 

Disclosure: I already have a long position in this stock.

 

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Quick Valuation Study on Marijuana Stocks

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Well, there is quite a collection of weed stocks to trade. But which ones will you decide to trade? For starters, it’s probably safest to trade the liquid ones. But after that, how can you attempt at seeing what the value of the company is which you are trading? I’ve made a quick excel spreadsheet here to try and show if the company is trading above or below the enterprise value, and if so, how many times above is that company trading above the enterprise value.

For example, you can see that GRNH currently has a market cap of 61.84M and the enterprise value of the company is 12.06M. This means that at today’s closing price of $0.52 per share, the company is trading 5.1x above it’s enterprise value.

Now I know what you’re thinking, how can you put a fundamental value on these hyped up weed stocks? Yeah I agree. Who knows what the market will do with these stocks. All I’m trying to do here is to see which weed stocks are still “cheap” and which ones are “expensive.”

Ticker Last Price Market Cap Enterprise Value Trading X times above enterprise value
RFMK 0.0012 896,304 11,050 81.1
GRNH 0.52 61,840,000 12,060,000 5.1
CBDS 11.25 88,020,000 20,670,000 4.3
MDBX 73.9 1,070,000,000 416,000,000 2.6
ERBB 0.0084 6,280,000 2,740,000 2.3
FITX 0.0189 11,140,000 5,920,000 1.9
CANN 9.72 146,740,000 82,120,000 1.8
MWIPD 0.53 23,830,000 15,030,000 1.6
CBIS 0.09 68,520,000 47,250,000 1.5
TRTC 0.2376 24,040,000 16,640,000 1.4
HEMP 0.041 32,050,000 23,370,000 1.4
PHOT 0.2331 165,930,000 143,830,000 1.2
MJNA 0.171 162,040,000 141,000,000 1.1
ENDO 0.061 4,140,000 3,670,000 1.1
NVLX 0.1244 73,820,000 65,500,000 1.1
NTRR 0.45 5,400,000 5,280,000 1.0
CANV 41 481,500,000 473,960,000 1.0
PUGE 0.92 39,100,000 38,720,000 1.0
SKTO 0.0083 3,010,000 3,680,000 0.8
PLPE 0.411 10,650,000 N/A #VALUE!
REFG 0.25 11,640,000 N/A #VALUE!
EDXC 0.102 13,230,000 N/A #VALUE!
AEGY 0.0005 1,310,000 N/A #VALUE!

Also check out Promotion Stocks ‏excellent blog post which also reviews the pot stocks.

Remember traders: Jack be nimble, Jack be quick, Jack jump over the candlestick.

Edit: Addition from 01-08-2014, CBDS stock crashes over 50% within 15 minutes.

GreenBank Capital Inc. GBC:CNX (Day 3)

Day 3 after the initial “big day”.

 

GBC-intraday-chartGBC-depth