Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
nice how MMs working this one. dropped bid and now they are going to sell at bid before close so we close unch
curious, more bashers pps raising
yep thats why Scottrade restricting stocks NITE shorted
NITE owns SCOTT -- IMHO --
i have many times, i suggest u tidy up on your skills
Read the sarbanes-oxley Act.
How to recognize Stock bashers on Message boards, newsgroups and in chat rooms. its too long but you got to read it.
LEARNING is a process and an evolution. Learning is not all fluff. Learning is a process of awareness and unfolding development; one must be willing to work at it though.
A year ago when I asked broker friends of mine if the internet message boards will have any affect on a stock. They ALL laughed at me and said those idiots having an affect on a stock!
A truth: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO INFORM PEOPLE INTO BUYING A STOCK.
Well I asked those same friends this last week, and the answer from all YES! message boards and ""shorts" (some) can manipulate with lies, and deceit.
Now think about that, you have elderly that invest and find their way to the message boards only to see false posts about "SEC Violations" and "Class action suits" or you have a Yuppie with a kid to put in college going to these message boards only to see posts by 15-20 (probably 5 or 6 under alias) "pack of shorts" posting the same false stuff about SEC Violations or lawsuits or "there's bad news coming out" ....what do you think they will do ?
It's easier to sell the stock and put the money into the bank for nervous people like the elderly and the Yuppie who needs college funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet on a stock to go down-not up! Understand? And they have just as much money and risk as you. But they have the edge of fear, lies, falsehoods to post and pray on the nervous. Longs don't have that.
Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board for stocks with no potential. They never have any bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The basher will post this over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't bash. They try to control the board. True longs may have to address the bashers or they will appear to the newbies as being the people with all the information.
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The truth on startup companies is that many mistakes are made and losses happen. The basher will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast.
Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the statements they do.
Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn't know the difference (unless you have done your assessment of the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. YOU have held a penny stock for a while. You knew it will be a big penny stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's when the basher is best. You are tired. You have forgotten the goal for the penny stock was to hold it for one year. The basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a basher as well. THE BASHER HAS WON, AND GAINED A NEW PARTNER TOO, to be able to get in at a great price.
Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out.
Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER STOCKHOLDERS. A typical trick of an advanced basher is to propose that there is a potential "problem" because "we" don't have the facts on a particular subject. The basher dares someone in the group to find out the answer to the question. The basher already knows the answer; the basher already knows what will be found. The power of this tactic is that the basher is now in control of the actions of the stockholders; the basher has you, the stockholder doing HIS/HER due diligence and when you, the stockholder come back to the group with a questionable finding then the basher gains credibility. What to do??? Solution??? Well, I think it's important to find answers but on your own terms. I actually pick up the phone and call the company and talk to the investor relations person or the CEO until I get a satisfactory answer. The problem here is that the advanced basher has you doing his bidding and his work; you have essentially joined his ranks. So, develop your own little Due Diligence package and answer questions by placing the information into the package and referring all new investors to read the answers to questions raised in the Investor Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO A PERSONALITY CONTEST.
A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do not underestimate a bashers influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book" so to speak. Learn from it or donate your money to those who make an organized plan to steal your money!
BASHERS DO THE FOLLOWING:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a support base before initiating your bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build to it.
8. Identify your foes (hypesters) and the boards "guru" Use them to your advantage. Lead them do not follow their lead.
9. Only bash until the tide/momentum turns. Let doubt carry it the rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "basher". Newbies won't know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to reinforce facts.
19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people for taking the companies word for anything. Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the hypesters into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts. Show them the facts from a "different angle."
28. Promote other stocks that would-be investors can turn to instead of the one your bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.
GRADE YOUR FAVORITE BASHER:
Advanced Basher:
Will join the message board early and actually "pump" the stock with positives; this basher is very intelligent, has the facts of the company, actually helps longs with Due Diligence and generally gets the confidence of the stockholders. Then, when the stock hits their price, the tone will change and they will start asking longs to check into this and check into that. The seeds of doubt are being planted. This basher will then start using all the tactics listed on this page to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT THE MESSAGE BOARD. An honest person will have a positive track record that can be followed. I strongly believe that a contrary view is needed but this person is out to steal your money and does it by deception and creates fear after gaining confidence! BEWARE, this is the most clever basher and the hardest to spot.
Grade A Basher:
Posts lots of old news, responds to all positive posts with a negative side. Never responds to being called a basher, never posts on another board. Can spend up to 80 hours a week bashing a stock.
Grade B Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.
Grade C Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when bashers rules say not to get excited, spends about 40 hours a week.
Grade D Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week. Grade F Basher: A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule.
WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some bashers are compelled to bash because they are inherently a part of the dark side of life so they must do it. It's a sad fact but never the less, a fact. It's life so you must learn how to deal with it or become a victim!
LEARN ABOUT HOW STOCK BASHERS WORK: how they are paid: (this was written by a basher) I know the following from a "friend" who needed extra money. I never answer a basher directly because I then become a basher's little money machine. IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers you give them an opportunity to earn 5-7 bucks. The service agreement they enter into with their employer states their messages will be monitored for content, profanity, lies, etc. but Money Manager's and the like don't have the time to check all their bashers messages. Only occasional spot checks are done. Those who manage the basher will generally read the headlines to see if a basher is replying to other posters by name. That tells them the basher isn't just "posting blindly" or repeating the same message over and over since they won't pay for those. A basher will attempt to milk three to five replies per post at one to two dollars each. This way the basher spreads negative influence to as many stockholders as possible. A basher will create this discussion thread because it takes less time reading more messages than is necessary. This ultimately allows the basher more time to post and make money. In general, NEVER ENGAGE A BASHER. Make them read all the posts and think up ways to enter the discussion.
NEVER ENGAGE A STOCK BASHER; if you do so then YOU BECOME THE BASHER'S AID!
Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed by the Bashers and those that missed the boat. The bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your Due Diligence, ,trust your own judgment and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or bashers and live by the rules you have created.
mthus: you waste your time here, this is going to explode. nobody is selling. if all is bad, go ahead and look another stock. you want to save us?, you don`t have money interest? jajajajajajaja
ask your broker how many stocks Scottrade restricting. NITE is a big shorter and is in bed with Scottrade
i'm not here to pump it, i'm here to get the word out, and i'm not an insider, every public company has the right to tell there story, reason why it was put on the restricted list at scottrade is it had unusual volume yesterday, could be because it had the best news in company history, by participating in a placement does not mean u are an insider, learn the facts
matter of fact i participated in the 1.10 private placement
I now realize that you are an insider and you are here to pump it. You could go to jail for this you know. No wonder it's been restricted.
what?stop with the stupidity
I'm not bashing. Besides, this is still a good price. Scottrade is restricting buys because they suspect manipulation is occurring. Not my words but the brokers. I would have bought if it was not restricted.
mthus- those shares have not been registered yet, the other financings were done at much higher prices than the pps is right now, matter of fact i participated in the 1.10 private placement ,if the stocks not for u fine, but if your gonna bash dont put out the wrong information, see ya
bye bye. Read the 8K. Also look at level 2 and tell me whose been selling 5000 blocks since yesterday. Those those are the toxic financing shares on effect.
buy pressure increasing
I've always lost money on restricted stock after calling. I pass on this one. Thanks though.
i beleive u have to either call it in or ask to get the restriction lifted
Could be because they have 3mil warrants being exercised at $0.5 strike price. Trade with caution IMO.
Scottrade is restricting buys. I wonder why?
4 bagger short term ,real short, once the word gets out on this (which will be real soon) its gonna rocket, dont forget this was a 3.50 stock last year and didnt have half of what they have now
4 bagger conservative, small O/S imo float gone. agree, undervalued!
hey hinch,dd and all boga setting up for some great things, major pr campaign getting ready to go to get the word out on this way undervalued gem, easy 4 bagger from here
i don`t know but now they have cash and going to announce more drilling deals. read ibox, plan of operation
Congratulations to whoever got this Board started as IH has ignored BOGA for a year -- BOGA Board on Yahoo has been ruined by the idiots at Yahoo as nothing comes up half the time and sometimes none of the time -- Yahoo is run by idiots everywhere now -- SO SAD -- IMHO --
this one looks interesting. way oversold and ready to bounce? sorry just spotted the board have yet to do any dd--so why the sell off? Energy price deflation? Could be an alternative to my canadian faves. will bookmark it.
good job my friend
nice ddaredevil
awesome news today---Baseline Oil & Gas Completes Acquisition of North Texas Producing Properties
Wednesday April 18, 8:30 am ET
HOUSTON, April 18, 2007 (PRIME NEWSWIRE) -- Baseline Oil & Gas Corp. (``Baseline'' or the ``Company'') (OTC BB:BOGA.OB - News) announced today that it had completed a $32 million financing in conjunction with the closing of the acquisition of operated producing oil and natural gas properties located in Stephens County, Texas for total consideration of $28.6 million. The acquisition adds 3.6 MMboe of independently engineered proved reserves, of which 2.5 MMboe is proved producing. SEC present value (PV10) totals $49.9 million, while proved producing PV10 is $30.2 million. The proved producing component provides immediate cash flow, as well as meaningful upside via the further development of our acreage.
ADVERTISEMENT
Stephens County Acquisition
The Stephens County Regular/Eliasville Field acquired by Baseline in north Texas consists of a 100% working interest (81% net revenue interest) on a contiguous 4,600 acre waterflood which presently produces 660 Boe/d gross(520 Boe/d net). Last year, the property generated $6.5 million of field level cash flow. The entirety of current production and proved reserves are contained within the existing producing Caddo Lime formation, located at a depth of approximately 3,300 feet. Of the total 4,600 acres, the central and eastern 2,800 acres are under existing waterflood while the western 1,800 acres have yet to be extensively developed. Baseline will immediately workover 20 idle wells and drill up to 12 new infill wells in the central and eastern leases. While this drilling is proceeding, Baseline will be evaluating and finalizing further development plans for the significant expansion of the waterflood to the western leases, which are presently producing oil from the Caddo Lime, but not under waterflood. Management believes that this western expansion could add up to 2.0 MMbbls of incremental proved reserves.
Baseline will also be performing the evaluation of 2 additional reserve enhancement opportunities at Stephens County. Management believes that there is natural gas production potential from bypassed shallower zones in both the Marble Falls and Duffer formations, which produce natural gas at depths of 3,200 to 3,400 feet, south and east of our property and into the Palo Pinto County. The Barnett Shale is also present on our property at approximately 4,900 feet, but has not been produced to date, although it has been produced in Palo Pinto County. In addition, the Caddo Lime is an excellent candidate for an alkaline surfactant polymer (ASP) flood. This proven tertiary recovery technique will be evaluated for application, which management believes has the potential for incremental recovery of 5% to 10% of original oil in place (OOIP), or some 3.5 MMbbls to 9.0 MMbbls, which is not currently booked.
New Albany Shale Development
In addition to allowing for the closing of the acquisition and subsequent development of the Stephens County Regular/Eliasville field, the financing also provides Baseline with capital in order to further participate in the development of the New Albany Shale natural gas resource play located in the Illinois Basin of southern Indiana. In March 2007, Baseline converted its ownership of the properties from a limited liability company into a direct working interest. Presently, Baseline owns an average 18% to 19% working interest in approximately 171,000 gross acres located in 5 counties across southern Indiana. Baseline has a non-operated working interest, and will be participating with experienced operators in the drilling of horizontal natural gas wells from the New Albany Shale formation located at a depth of 1,500 to 2,500 feet.
Oil and Gas Hedges
Concurrent with the closing of the Stephens County/Eliasville acquisition, Baseline entered into a fixed price swap for approximately 70% of its current net production from the Eliasville Field. The oil hedges consist of a three year NYMEX swap, at a fixed price of $68.20 per barrel.
Corporate Direction
With the closing of this transaction, Baseline has become an oil and gas operator located in Houston, Texas. The company is currently adding administrative and technical staff to manage, develop, and operate its north Texas asset, and take a more active role in the evaluation and enhancement of its New Albany Shale acreage.
Thomas Kaetzer, Baseline's Chairman of the Board and CEO, stated, ``The Board and management of Baseline have set a clear objective to grow the company through the ''hands on`` efforts of experienced oil and gas professionals. Our near to mid term goal is the organic growth via the development of our present asset base, coupled with the longer term goal of the accretive acquisition of additional oil and gas properties which will build shareholder value''.
-
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
96
|
Created
|
04/18/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |