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Will the CH11 Pink Sheets trash hit $0.06 again? I do think so. The
resistance 0.09 is already formed and the support 0.0601 is weak! I
bet today the pos scam will hit 0.07 then it tests 0.06 tomorrow.
Natural gas prices are climbing. The big question. Will, this rise?!
commons are dead / play a bounce / that's all. Go SSCCQ !
Anyone know whats the future here?
Maybe worth a pop or two, that is all !
Disregard my last post. I found what I was looking for and it appears stock holders will have no value to their shares after this plays out.
i have recently started watching EPEXQ as a possible turn around as things unfold from BK. Any insight as to what the future holds for EPEXQ short term and long? I would like to get both bullish and bearish outlooks.
Thank you in advance for any thoughts. Best wishes.
Who knows Joe / Wouldn't be surprised to see it back under .08 today.
Sorry for your loss. The time to average down was at .06. It should drop again once its delisted and the "Q" is added ~~ Very risky //////
pop up today ?
it is possible.
good luck all
this is hilarious. i have a small position in my portfolio, and just yesterday noticed the plunge. lost 80%. oh well.
which board listet ???
amex otc or pink ??
thanks
ya, just like CEMJQ
Stock will be delisted on 10/13, will be worthless.. timber...look out below...
Can we see the trees thru the forest though ??? Run forest run
bidding higher anyways ...
News ~Edge Petroleum Corporation Receives Court Approval on All "First-Day Motions" In Its Voluntary Chapter 11 Filing
GlobeNewswire(Wed 6:14pm)
wait for the Q and put the buy in at two .....
anytime.imo
when do we add the Q ?
buytarget: .04/5
I am in at 0.06 and still holding for the big prize
This one will bounce so hard it wont be visible.Only time will tell.Accumulation at this level is good
Stock is coiling here MACD RSI all getting ready to move up also looking on the chart stock has a strong history of big moves up bottom is in did nearly 24 million shares on friday all selling is done accumulation now occuring Coiled Spring here huge BK Bounce Coming
Delisting monday going to tank hard look for this to open around 2 cents a share monday and tank down to around 1 cent a share shares are worthless have no value
Monday or Tuesday or Wednesday ... I do not care ... the rise or fall ... I have bought very well ... if it rises too low win ... win ... if you think surfing. .. I have enough money to buy the whole company or 10000000000MM ... you do not have to look both surf ... I bought $ 38,000 in CBAI at 0.0037 and sold them ... do 0097 numbers and see what I won ... never loses friend because my life is the blolsa ... and I win and you lose what you please stop sending me private messages ...
i think no deslisting almost 2 weeks and may be out of bk...is a only opinion...EPEX has got a lot of assets and negociations with banks...
EPEX....dude for monday...may be up may be down...hard of couse...if not deslisting i hope to EPEX fly on monday...but i dude it...
What a bummer-been doing well on B/K stocks-this is the first time I have been on the wrong side of a Ch.11 filing.Stock at 0.1331,down 75%-gonna need to catch a falling knife and average down when the dust settles.
Yes---and glad I did for a measly few-cent move ;)...not good for EPEX for now. Similarly TMR is contemplating a possible BK restructuring as well, otherwise I would be buying that one.
TEC on the other hand appears is the only relatively safe oil producing play among the group of smaller producers; it's next earnings are due out by 11-02-09 and should reflect a continued improvement from their prior quarter especially with oil up and maintaining ~ 70.00/barrel compared to where it was during the trailing twelve months; EPS should continue to improve as it did from the prior quarter. At (currently) an 87% discount to it's year ago pps/pricing, I believe from both a technical and fundamental standpoint, it's well positioned for significant price appreciation moving forward.
Good Day all.
Filed for ch. 11 last night - hopefully you were able to get out on time!
Good-timing-to-add more EPEX and TEC at-current-levels-eom
Looks wayyy undervalued,and a great merger/takeover target.I'm in.
Will see 0.70+ end of the week.
Actually, a combo of both tech and fundamental valuation modification consistent with projected earnings, production and oil benchmark pricing as was mentioned and expected for this and a couple others related I am watching.
Good day all ;)
EPEX along with Oil producer TEC with it's forward estimated EPS next quarter of only -.05/share and considering their respective current pricing to annualized valuations to prevailing oil prices, both are very well positioned for strong appreciation from these levels.
Good afternoon all and despite today's market opportunity suggests much better days ahead.
Oil prices extend gains after housing data
Note: At these prices...producing Oil Co.'s like EPEX and another I'm watching closely, are among the best small cap producing O & G plays around; and their quarterly EPS shall continue to improve accordingly along with its annualized valuations in line with their commodity benchmark.
10:09 AM ET 8/21/09 | Marketwatch
NEW YORK (MarketWatch) -- Oil futures extended their gains on Friday after data showed that U.S. existing home sales rose in July and Federal Reserve Chairman Ben Bernanke said that the global economy is now beginning to emerge from its worst crisis in generations. Crude for October delivery rose $1.52, or 2%, to $74.43 a barrel on the New York Mercantile Exchange. Earlier, the contract soared to $74.72 a barrel, the highest level for a front-month contract in 2009.
-------------------------------------
Good day and happy weekend to all.
On-watch: Oil's Up & Looking ripe to-add-here-again-eom
Way oversold, should test .90 by tuesday... GLTY
Bought-EPEX here at .39...LQQking good here ;)eom
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Edge Petroleum Corp.
1301 Travis
Suite 2000
Houston, TX 77002
Phone: 713-654-8960
Fax: 713-654-7722
Web Site: http://www.edgepet.com
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Independent Oil & Gas
Full Time Employees: 53
BUSINESS SUMMARY
Edge Petroleum Corporation, an oil and natural gas company, engages in the exploration, development, acquisition, and production of crude oil and natural gas properties in the United States. It has interests in approximately 30,196 net acres in south and south-central Texas, 1,161 net acres in south Louisiana, 4,426 net acres in Mississippi, and 658 net acres in Michigan, as well as 19,472 net acres in southeastern New Mexico. As of December 31, 2004, the company had 89.1 billion cubic feet of net proved reserves that comprised 66.3 billion cubic feet of natural gas, 1.8 million barrels of natural gas liquids, and 2.0 million barrels of crude oil and condensate. Edge Petroleum was founded in 1983 and is based in Houston, Texas.
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