Wednesday, November 19, 2014 10:44:25 AM
Yes and no. The most important thing in the Naz list which interacts with any future P&D is the increased O/S count. Last Jan a P&D was pushing on a feather. Now it gets to push against a small rock. There is one thing not mentioned...
Last year at this time then ORFG, with its make believe gold mines, had just announced they were getting into the oil business. A brand new playing field, having worn out the gold scam angles. What did they do in January? Announced they were changing their name using the magical word "Bakken". Any pie eyed "investor" in the microcap world wanting in on the Bakken oil story, dives into a fraud. Imagine the response if the name change had been "Waxy Oil Company". Doesn't sound as sexy does it?
So what's the pump for Jan 2015? Their so called subsidiary Nations Oil evaporated. If that was still around they could play all kinds of oil scam angles. Pretend to be an oil facilitator? The CMs better be careful. Pretend to buy another paper company, and not account for it? Hopefully the SEC is already investigating the previous Nations Oil fiasco.
The point is the stock scam has changed since last year. There's no reason to believe it will behave in Jan 2015 like it did in Jan 2014.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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