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Once it hits $5.00 a share... The institutional buyers will come...
ERN trades as high as 50,00 SAR on the JSE, but settled on some small lots at 28,01.
Opportunity for arbitrage if one is so inclined.
My only concern is the psychological barrier that $2 is now $12. Good news keeps coming and we'll eventually be at $12.00. Which is where I think it really begins.
$4.68 a share at opening bell tomorrow my fellow longs. Hello, to the institutional investors. I want to welcome you all on this journey. Listen to Chris Heath's presentation today. Oyo 8 begins producing oil this weekend, with oyo 7 about a month behind. That's 14,000 of barrels a day. Do the math 14,000 a day x $65 a barrel = $910,000 a day! And these oyo fields are the smallest of the total production reserves. They do however, provide the necessary cash flow to further develop the BIG oil fields that ERN has 100% ownership of. A sense a joint venture partnership announcement in the near future to speed up drilling and production in Kenya, Ghana, and more.
Need some help boys. I guess I'm the new moderator. Need someone else to become a moderator and help me change the visuals to the new ERN symbol, add a link for the ERN quote on both NYSE Mkts and Johannesburg, and update the visuals using the latest investor presentation.
I'll be a benevolent moderator as I was the only one that engaged our two guest, from South Africa presumably, who were shorter than short could be short. They gone.
I just want updated information, and am not the best at pasting and posting links and pictures.
Long? Short? You're welcome here. I'd also welcome clean humor and have no issue with YouTube videos for laffy so long as they are somewhat related to the stock's movement.
It has been a long painful journey to get where we're at today, and I also know there are at least a couple of you who hold significant positions who are still here.
Why would I want to moderate and unmoderated board have few technology skills? Well, in a word, I'm not very smart. That was actaully three words, but you get the point.
Help Me, I've Fallen and Cannot get up.
People who follow like sheep being led to slaughter present opportunity for people like you. And I.
Unreal how people are selling now,when they should be holding or buying more. Once the institutional investors have access to purchase this stock, after the reverse split on Wednesday, this stock will go from $4.80 to $8 in no time. Warren Buffets investment philosophy has made him one of the wealthiest investors ever, "buy when others are afraid... and sell when others are greedy." Now is the time to buy, my friends. People are afraid of this reverse split, for the wrong reasons. This isn't a company trying to save it's exchange listing,. but a strategic (and genious) move to, for the first time, to attract new institutional investors, at a time where there is oil production, promising exploration, and potention joint ventures. Buy!
$CAK recent news/filings
bullish
## source: finance.yahoo.com
Sun, 19 Apr 2015 11:00:00 GMT ~ 7:00 am CAMAC Energy Announces it will change name to Erin Energy Corporation; announces a 1:6 reverse stock split
read full: http://finance.yahoo.com/news/inplay-briefing-com-055139997.html#cak
*********************************************************
Fri, 17 Apr 2015 11:34:31 GMT ~ CAMAC Energy Announces Corporate Changes
[at noodls] - )--CAMAC Energy Inc. (NYSE MKT:CAK) (the "Company") will implement a reverse stock split of its common stock pursuant to which each six shares of common stock will be converted into one share ...
read full: http://www.noodls.com/view/5F383343929C2B96E28B6161F4A68033DC0F26A9
*********************************************************
Fri, 17 Apr 2015 11:00:00 GMT ~ CAMAC Energy Announces Corporate Changes
read full: http://uk.finance.yahoo.com/news/camac-energy-announces-corporate-changes-110000584.html
*********************************************************
Fri, 17 Apr 2015 11:00:00 GMT ~ CAMAC Energy Announces Corporate Changes
[Business Wire] - CAMAC Energy Inc. will implement a reverse stock split of its common stock pursuant to which each six shares of common stock will be converted into one share of common stock, effective as of 5:00 p.m.
read full: http://finance.yahoo.com/news/camac-energy-announces-corporate-changes-110000057.html
*********************************************************
Thu, 16 Apr 2015 20:36:16 GMT ~ CAMAC Energy Provides Operational Update
[at noodls] - )--CAMAC Energy Inc. ("CAMAC" or "the Company") (NYSE MKT: CAK) has been informed by the owner of the Floating Production, Storage, and Offloading vessel ("FPSO") Armada Perdana, ...
read full: http://www.noodls.com/view/40E9A0E074C5B4E275220FA338F4B51A34BA3BB7
*********************************************************
$CAK charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$CAK company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/CAK/company-info
Ticker: $CAK
OTC Market Place: Not Available
CIK code: 0001402281
Company name: CAMAC Energy Inc.
Company website: http://www.papetroleum.com
Incorporated In: DE, USA
Business Description:
$CAK share structure
## source: otcmarkets.com
Market Value: $1,037,792,031 a/o Apr 17, 2015
Shares Outstanding: 1,263,289,143 a/o Mar 02, 2015
Float: Not Available
Authorized Shares: 105,000,000 a/o Apr 04, 2007
Par Value: 0.01
$CAK extra dd links
Company name: CAMAC Energy Inc.
Company website: http://www.papetroleum.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CAK/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CAK/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CAK+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CAK+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CAK+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/news - http://finance.yahoo.com/q/h?s=CAK+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CAK/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CAK/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CAK/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CAK/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CAK+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CAK
DTCC (dtcc.com): http://search2.dtcc.com/?q=CAMAC+Energy+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=CAMAC+Energy+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=CAMAC+Energy+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.papetroleum.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.papetroleum.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.papetroleum.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CAK/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CAK
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CAK/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CAK/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CAK/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001402281&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CAK/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CAK/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CAK&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CAK
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CAK+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CAK+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CAK
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CAK
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CAK+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CAK/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CAK+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CAK.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CAK
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CAK/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CAK/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CAK/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CAK
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CAK
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CAK:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CAK
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CAK
$CAK DD Notes ~ http://www.ddnotesmaker.com/CAK
Hugh jackoman? Are you still here ??????
The reverse-split and corporate name change, scheduled for 5:00 pm this Wednesday should be viewed similar to an IPO release of stock. This will be the first time that ERN will be released to a multitude of institutional investors. IPO's can double and even triple very quickly when released with positive information or speculation. Sometimes in just one day. Judging by the 2.5 + million in share trading volume, for multiple days, CAK is already on investor's radars. Monday, Tuesday, and Wednesday will be the last days for shorts to cover, before institutional buying starts on Thursday. Expect a run up in share price.
I get that, and I question the timing as well. But they have always indicated they were going to time the reverse with future news releases designed to get to $4 and stay there long enough to get listed to NYSE. One can only hope in addition to pumping oil in to the tanker by 4/23, they have more announcements coming.
2nd well 30-60 days away.
After that? Starting new wells and joint venture I hope as I have a large position.
Buying opportunity. Today, maybe again on 4/22 or 4/23 after the new symbol and split shares start to trade.
"Past research has shown that most stocks underperform the market following a reverse split."
http://www.fool.com/investing/general/2015/04/16/do-reverse-splits-ever-work.aspx
Where are we at boys? I thought without a split, the first real progress would be $2pps, and the next level to even blink at would be $5pps.
So reverse split timed with news to get uplisted. Probably a negative market reaction to the reverse split. Additional acquisition of shares due to this drop. Additional announcements including a joint venture with an American oil company.
So instead of $2 and $5, we'd be looking at $12 and $30, and more time to get there? $2 to $12, and $5 to $30 are pretty steep physiological barriers.
I know, let's get to $2 first, but does anyone doubt this will happen? $2 makes the stock marginable eventually. That's pretty big. It'll probably be 25% marginable. That's tight for the small guy trying to acquire, but if you hold $40K of CAK at today's values, I could see taking 50% of the 10K margin and buying $5k more.
Still shocking to me are the number of douche bags trading 100 shares trying to scrape a penny. $90 plus commission in and out, and yet I see 100 share trades. And today it was so bad it was laughable. Yesterday they were knocked out due to the percentage move upward, but today if you're a hedge fund guy trying to disguise buy orders, it must have caused them to scream with all the $100 bullshit in the way.
Almost everyone is gone from here. Ruffy, the short pumper, back to South Afrika I assume. It was funny, he private messaged me after he sold his short to close and thinked me. He came out and told me with guys like me long, he might come back and short again. He was on every message board trying to pump his short down. And then his partner came. And I was buying the shit out of CAK at .25.
Hey, come on. It's o.k. I know some long term longs are still around. It's o.k. to come out and take a pre victory lap. There's gotta be others who have a couple of hundred thousand shares averaged down to .40. Come out and say hi. I want to know who you are. That way I can follow you until we find the next six digit winner.
Called Chris Heath this morning, the 1:6 is a when, not an if. Good news, although the market might react differently. Buying opportunity hopefully.
We are going to $2, then to $5. I'm convinced.
Glad to see some long term CAK investors back. Settled at .82 today. It hasn't even begun yet. Climb on board, we're going to make a serious capital gains on this one depending on how much you hold.
Man I hope your right as I am right there with you....it's my 2nd largest holding with CSX being #1...........good luck to us.....
This is going to be a big gainer for me. I keep hearing rumors of joint ventures where CAK would get 40% of the revenue, and have no risk of exploration of future wells.
First thing first. The tanker needs to start accepting the projected 8K BOD. And the second well needs completed.
There is some risk between now and then, but with respect to a joint venture in the future that cedes liability, this would make CAK an extremely safe (maybe safer is a better choice of words) play given the area of the world they operate in.
Was such a beauty watching the last 4min of trading. see you all Monday.
$CAK
$CAK, get it, only 10 min left to trade..looks like a gapper
Common $CAK, FLY...
It's been a bumpy ride. the only times I peed myself though was on good news. I was never scared. My minimum profit that I'm expecting at this point is $200K.
Hahahahahahahahaha, I hope you were wearing Pampers..
Today, L2 showing Burst Basket buys, institutional or fund index buys.. Nice.
$CAK
11,00 on JSE. Quote is CME:JSE. This is .93 UsD. Shares are fully fungible T+5. My broker will make an exception. $50 per trade + 25 basis points + stamping fees + whatever conversion rate you could get. All in all, not bad. I only wish I could have got more bought at 2,21 rand. If you convert this to dollars, you'll see why I peed myself a little the other day.
Nice.. Hope the US will catch up, too.
$CAK
Lightly traded for .85 in Johannesburg.
just play it safe bro. I love the how the future looking for CAK.. Hopefully now it can get out from sub.
Glad to see someone else stayed the course. I'm currently buying CME on the Johannesburg Exchanges. As low as .20, and at today's high of .67 after rand to dollar conversion.
I believe a $5 pps is possible, even likely, whether through additional announcements and a reverse split, or in absence of the reverse split.
I have a fairly large position, large for me anyway, and it has been a bumpy ride which might not have begun yet.
CAK back @0.7, now all my lovely 0.5 and below are looking YUMMMY..
<<< LINK BACK
Love this news:
03/31/2015 | Press release
CAMAC Energy Concludes Oyo-8 Completion Operations; Ready to Commence Oil Production
http://www.noodls.com/view/D3AFC39F8ECDAD8BDC207A29D66552DEAF1B0E42
$CAK recent news/filings
bullish
quick trade
## source: finance.yahoo.com
Tue, 31 Mar 2015 12:10:13 GMT ~ CAMAC Energy Concludes Oyo-8 Completion Operations; Ready to Commence Oil Production
[at noodls] - )--CAMAC Energy Inc. ("CAMAC" or "the Company") (NYSE MKT:CAK) announced today it has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to ...
read full: http://www.noodls.com/view/D3AFC39F8ECDAD8BDC207A29D66552DEAF1B0E42
*********************************************************
Tue, 31 Mar 2015 12:00:00 GMT ~ CAMAC Energy Concludes Oyo-8 Completion Operations
[Business Wire] - CAMAC Energy Inc. announced today it has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to c
read full: http://finance.yahoo.com/news/camac-energy-concludes-oyo-8-120000412.html
*********************************************************
Wed, 25 Mar 2015 17:26:52 GMT ~ CAMAC ENERGY INC. Files SEC form 8-K, Regulation FD Disclosure
read full: http://biz.yahoo.com/e/150325/cak8-k.html
*********************************************************
Sat, 21 Mar 2015 17:04:15 GMT ~ CAMAC ENERGY INC. Financials
read full: http://finance.yahoo.com/q/is?s=cak
*********************************************************
Mon, 16 Mar 2015 21:08:22 GMT ~ CAMAC ENERGY INC. Files SEC form 10-K, Annual Report
read full: http://biz.yahoo.com/e/150316/cak10-k.html
*********************************************************
$CAK charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$CAK company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/CAK/company-info
Ticker: $CAK
OTC Market Place: Not Available
CIK code: 0001402281
Company name: CAMAC Energy Inc.
Company website: http://www.papetroleum.com
Incorporated In: DE, USA
Business Description:
$CAK share structure
## source: otcmarkets.com
Market Value: $821,137,943 a/o Apr 02, 2015
Shares Outstanding: 1,263,289,143 a/o Mar 02, 2015
Float: Not Available
Authorized Shares: 105,000,000 a/o Apr 04, 2007
Par Value: 0.01
$CAK extra dd links
Company name: CAMAC Energy Inc.
Company website: http://www.papetroleum.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CAK/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CAK/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CAK+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CAK+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CAK+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/news - http://finance.yahoo.com/q/h?s=CAK+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CAK/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CAK/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CAK/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CAK/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CAK/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CAK+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CAK
DTCC (dtcc.com): http://search2.dtcc.com/?q=CAMAC+Energy+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=CAMAC+Energy+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=CAMAC+Energy+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.papetroleum.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.papetroleum.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.papetroleum.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CAK/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CAK
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CAK/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CAK/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CAK/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001402281&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CAK/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CAK/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CAK&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CAK
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CAK+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CAK+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CAK
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CAK
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CAK+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CAK/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CAK+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CAK.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CAK
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CAK/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CAK/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CAK/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CAK/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CAK
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CAK
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CAK:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CAK
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CAK
$CAK DD Notes ~ http://www.ddnotesmaker.com/CAK
What's wrong with getting to 5 with out the rs
And so it begins. All the way to a reverse split designed to get this to $5, and uplisted the the main NYSE.
Oil. We've hit oil. Too bad the tanker isn't ready to have it pumped to it yet. Soon. And it appears I'm the only one left here.
At current oil prices does this make it to $2?
I'll await everyone's answer when they come back to the board after it's likely too late.
Bet everyone a dollar they quit too soon on this one.
Everyone quit on this one except me. I could be wrong, but I beleive pay day is right around the corner.
Pumping oil by the end of march, and another 7K BOD by end of April.
Not sure what happened today but I liked it.
Kase has been loading up.
Tue, Mar 3, 2015, 6:05PM EST - U.S. Markets closed
..
Dow Down0.47% Nasdaq Down0.56%
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CAMAC Energy, Inc. (CAK) -NYSE MKT ? Watchlist
0.45 Up 0.03(7.12%) 4:00PM EST
Add to Portfolio
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Major Holders Get Major Holders for:
Breakdown
% of Shares Held by All Insider and 5% Owners: 73%
% of Shares Held by Institutional & Mutual Fund Owners: 1%
% of Float Held by Institutional & Mutual Fund Owners: 5%
Number of Institutions Holding Shares: 43
Major Direct Holders (Forms 3 & 4)
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Shares
Reported
PUBLIC INVESTMENT CORP (SOC) LTD 377,051,089 May 29, 2014
LAWAL KASE LUKMAN 8,832,762 Feb 19, 2015
OMIDELE SEGUN 2,750,729 Feb 17, 2015
EVANOFF NICOLAS J 2,153,501 Feb 17, 2015
WONG HEIDI 1,815,399 Feb 17, 2015
TOP INSTITUTIONAL HOLDERS
Holder
Shares
% Out
Value*
Reported
No Top Institutional Holder info Available for CAK
Top Mutual Fund Holders
Holder
I think we're going to be o.k. Q4 will be bad, sometime in April I think is when we'll hear. I'd expect to be pumping oil be then, or I made a mistake.
Production is still expected to be online by the end of Q1 2015.
Make money on ERY while you wait.
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06/09/10
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http://www.sharenet.co.za/v3/quickshare.php?scode=ERN
https://www.google.com/#q=convert+rand+to+dollars
http://finance.yahoo.com/q?s=ern&ql=1
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