Bolt Biotherapeutics Inc (BOLT) Quote

BOLT...........................................https://stockcharts.com/h-sc/ui?s=BOLT&p=W&b=5&g=0&id=p86431144783

BOLT.................................................https://stockcharts.com/h-sc/ui?s=BOLT&p=W&b=5&g=0&id=p86431144783

BOLT under $2

BOLT new 52 week low

Congrats on BOLT move this past week. Now for the follow through.

BOLTed w/o Notice!!!...kungrats to the Long Bulls....

Patience is Virtue

Traded No ATM here...just checkin!!!

BOLT: Bolt Technology announces underwater robotic vehicle orders totaling in excess of $8 mlnFont size: A | A | A
8:29 AM ET 11/11/13 | Briefing.com
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4:00 PM ET 11/8/13
Symbol Last % Chg
BOLT
18.55 0.00%
Real time quote.

Co announced that SeaBotix, its San Diego based underwater robotics vehicle systems unit, recently received orders totaling in excess of $8,000,000 from the Explosive Ordinance Disposal (EOD) groups of the United States Navy. The robotic vehicles are scheduled to be shipped prior to March 31, 2014.

BOLT Weekly chart:

Sales and profits down, stock price up. Go figure.

I guess there's 1,100 reports expected next week.....

"Next week, the market will have to digest more than 1,100 earnings reports and a number of important economic reports, including existing- and new-home sales on Monday and Thursday and the first report on gross domestic product on Friday.

Reports are due from 11 Dow companies, including Caterpillar (CAT, news, msgs), DuPont (DD, news, msgs), AT&T (T, news, msgs), Chevron (CVX, news, msgs) and Exxon Mobil (XOM, news, msgs)."

Bolt Technology Corporation (NASDAQ:BOLT) today announced financial results for the first quarter of fiscal year 2009, the three months ended September 30, 2008.

Sales for the first quarter of fiscal 2009 amounted to $11,263,000 compared to $14,336,000 in last year’s first quarter. Income from continuing operations amounted to $2,280,000 ($0.27 per share) compared to $3,295,000 ($0.38 per share) last year and net income amounted to $2,280,000 ($0.27 per share) this year compared to $3,455,000 ($0.40 per share) last year.

Raymond M. Soto, Bolt’s chairman, president and CEO, commented, “During the first quarter of fiscal 2009, our sales decreased 21% from the first quarter of fiscal 2008 principally due to a decrease in sales of new energy sources (air guns). Sales of air guns decreased about 50% from last year but this was partially offset by a 33% increase in sales of underwater connectors and seismic source controllers.” Mr. Soto added, “Our current financial position remains solid with over $20,000,000 in cash and cash equivalents, over $41,000,000 in working capital and no debt. We continue to experience active customer inquiries and we remain cautiously optimistic that fiscal 2009 will be a good year for our Company. However, a reduction in worldwide exploration spending as a result of the recent turmoil in the world credit markets and/or a decrease in the demand for oil which could result from a severe economic downturn, would undoubtedly have an effect on our business.” Bolt Technology Corporation is a leading worldwide developer and manufacturer of oilfield services equipment, including seismic energy sources, seismic source controllers and synchronizers and underwater connectors used in the offshore seismic exploration for oil and gas.

Makes sense. Budget cuts from top to bottom. From the homeless guy in the city park, to the corporate behemoths.

I think this is dropping due to the price of oil going down. I read an article about how exploration is being cut back due to the credit crisis as well as the reduction in production by OPEC countries.

I'm still hoarding at the moment but will buy back into the market pretty soon. The low yield crap isn't worth having since it earns less than inflation each year.

Torn between hoarding cash, investing in low yield guaranteed crap, or dumping more into the corrupt casino we call the stock market.

So much for leveling off......

My Gawd..........

BOLT leveling off at $8 today. Not much volume.

I'm glad I held on to my Exxon..... Up $10.72 today!

Let me in on your picks! :~)

Portfolio's up 15%!!!!!!

HUGE!!!!

This market crash might be a real blessing for people buying in now. There are a number of opportunities that I think will result in 200% to 300% gains over the next couple of years.

Still 6 bucks below your target. :~)

Upper 6's may have been the deal of the century.

We may have missed the bottom on BOLT.

Actually I met a freind at the airport and went out to lunch today. Drowning my sorrows in duck and souffles.

I am down a lot but he has more than I do and is down over $4 million. Knowing that someone is worse off than you helps somehow - lol.

I'll get back to researching this afternoon. I'm going to have to do some real work over the next few months to regain lost profits.

You sure ain't saying much. Too busy researching? Or can't pull your head out of the toilet? I can only imagine the dollar amount you must be down.

My broker just told me a major part of this selloff is due to the banks liquidating shares tied to Lehman bros.

Picked up more GE and OSK.

At the rate things are going it is beginning to look like the DOW will all become penny stocks.

$7.17 are we bottoming?

At least he knows rocket science......

Not sure what that has to do with finance but somebody is always saying, "It isn't rocket science."

Our savior.........

Who will spend our $700 billion? Meet 35-year-old Neel Kashkari



Posted Oct 8th 2008 2:30PM by Michael Rainey
Filed under: Recession, Financial Crisis

His name is not exactly familiar and his official title is a bit much -- Interim Assistant Secretary of the Treasury for Financial Stability and Assistant Secretary of the Treasury for International Economics and Development -- but 35-year-old Neel Kashkari is now one of the most powerful people in the global economy. As the head of the new Office of Financial Stability, it's his job to start spending the $700 billion Congress approved to stabilize the financial system.

As some commentators enjoy pointing out, Kashkari is a former rocket scientist, having earned Bachelor's and Master's degree in engineering from the University of Illinois and worked as a mechanical engineer at TRW, where he developed latches for the the Next Generation Space Telescope. He left engineering for finance, parlaying an MBA from Wharton into a gig at Goldman Sachs (NYSE: GS), where he rose to Vice President, specializing in information technology investment banking.

So there's little doubt that he's a smart and hard-working guy. And in the current administration, that's a great accomplishment.

But the question isn't whether Kashkari is smart. The question is whether he has any idea how to use all that money to stabilize the global financial markets. And a quote from Kashkari I dug up does not inspire confidence. In September, at the right-wing American Enterprise Institute, Kashkari reportedly declared, "I'm a free-market Republican."
It's no surprise, of course, that a Bush administration official would describe himself as a free-market Republican. But it does suggest that Kashkari may have trouble figuring out how to restore confidence in those supposedly free markets.

It's important to remember that unregulated free markets in debt instruments is how we got into this mess in the first place. And more generally, it's pretty clear that the free-market ideology espoused by the Republican party (and embraced by many Democrats too) bears much of the blame for our current economic situation.

Whatever the solution may be, it certainly involves violating free-market principles over and over again. Insolvent banks cannot fail. Worthless assets must be bought and sold. And the government must lead the way.

I'm sure Kashkari is plenty smart enough to create new programs to accomplish these goals. But I'm not sure that he and the people he works for will be willing to violate their own political principles to get the job done in the most effective way. Kashkari was involved in the HOPE NOW Alliance, the Bush administration's response to the subprime mortgage crisis. By most accounts, HOPE NOW has been a failure, largely because it serves corporate interests more than the needs of subprime mortgage holders. It seems that when pro-business political ideology meets real practical needs, ideology wins out.

Let's hope Kashkari meets with great success. I just wish other senior managers with a little bit more experience -- and a more complex understanding of the politics of the situation -- were along for the ride.

No argument from me. Let's include all those hypsters on CNBC while we are at it.

Not to mention the US Congress.

I doubt if anyone is immune from this clusterf*ck of corporate greed.

People should be held accountable. Maybe CNN's top 10.

I said it before, and I'll say it again....... This has become a matter of national security. The perpetrators need to be shot.

And what's amazing is that BOLT has no debt so the credit crisis means nothing to them.

Oh My! This puppy is going to be free pretty soon.

Put it under the mattress and sit on the mattress with a shotgun.

Got a $60k cd that just matured.......

Thinking I should take home the cash......

I'm looking hard here but if your'e buying I'm waiting two weeks for it to go lower.

Opportunity knocking?

I have no idea. Financials should have nothing to do with this company. It has no debt. It is in the undersea oil exploration business and Congress is supposed to be opening up additional offshore oil leases so BOLT's business would benifit from that.

WTF!

Getting closer to $15

So much for holding off on buying..... it was supposed to go down to $15 and change. Maybe next week.

I am waiting for $15...... If you are buying it is sure to drop - lol

If only, Mr. BankRoll...it wasn't me, yet!

Still have them on my watch list - perhaps tomorrow.

(PPS is down a bit AH.)

Nice little bump today...... Is that you and I-Man buying? :~)

That's when I'll buy.

LOL

Hey, don't give up on BOLT....did you see the AH trades?

Sub-penny. And another exchange change. :~)

If you buy, it will probably be a penny stock within a month - lol

We could find out soon enough. Let me make my purchase..... And the bottom will appear within days.....

It is beginning to look like I may get my wish for $15. I sure wish I knew where the bottom might be in BOLT.