Far East Energy Corp. (fka FEECQ)

[Value_Investor]

The bids size is 54 Times of the current asks size!

Seven MMs at the bid v.s. only one MM at the ask!

We should see 0.0003 again very soon since only 510K shares left at the dirt cheap 0.0002s now...

[trading.jeff]

Wasn't $FEECQ up 200% for much of the day until just a few minutes ago?

[Value_Investor]

FEECQ is Up 100% so far! 27M-0.0001 x 0.5M-0.0002 now. The next ask is 7.3M-0.0003, then 253K-0.0004!

I wish to see more Slapping actions at 0.0002s and 0.0003s like we did this morning...

[Value_Investor]

I'm bidding 3M shares at 0.0002 today as I promised yesterday! Total 8M shares at the 0.0002 bid v.s. only 7.5M shares at the 0.0003 ask now! FEECQ is up 200% so far and easy to test 0.0007 again... The next asks are 253K-0.0004, 1M-0.0005, and 10K-0.0010, then nothing above 0.0010 from the Thin asks of Level2!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10285436

One Q peer had already soared 27-Bagger from 0.0005 to 0.0135 with much higher SS (447,997,709/1,000,000,000 shares OS/AS) and much much lower Assets Value ($10.853M) most recently! To match the Same MV --- $6.04M, FEECQ (346,222,370/500,000,000 shares OS/AS and $77.812M ~ $109.616M Giant Assets Value) will hit the New High 0.0175 which is 175-Bagger Huge Investment Return from the Bottom!

[trading.jeff]

Someone just tapped .0003s, all of $24 worth. This was preceded by a couple of taps on .0002s for all of $4 worth.

Anyway, nice to see .0003s hit.

$FEECQ

[Value_Investor]

Very sad today for FEECQ! 3M shares dropped to 0.0002 ask but no any Slapping action at all --- nobody wanted to take out those dirt cheap 0.0002s (3,010,000 shares)! It seems the only way for the existing shareholders to sell their FEECQ shares is: sell at the bid 0.0001 (total 16M shares)! Will you still plan to buy 250M shares or 25M shares of FEECQ at the asking price till 0.1? TIA!

I'm currently stucked with another stock and all my cash fund are tied over there. Once I sell out that position at profit I would definitely buy at least 3M shares of FEECQ at 0.0002s... Any slapping action plan?

[greekgal72]

if your so positive on feecq dont you buy 50mil shares?at .0002?...your not helping at all.just saying

[trading.jeff]

Let's take out those 0.0002s...

I don't see any hits on the .0002s, yet.

$FEECQ

[Value_Investor]

16M-0.0001 x 3.01M-0.0002 now. 3M shares were moved down to 0.0002 today from 0.0003 which is veru good for the upward movement!

It is time for us to Slap those dirt cheap 0.0002s, folks! Because 0.0002 was the previous Bottom or All-Time-Low price just a few weeks ago...

MMs are playing the game with FEECQ! Let's take out those 0.0002s since 0.0002 is the Only technical resistance which is both 50-Day MAL and 200-Day MAL...

[Value_Investor]

All the weak hands and flippers here, sell FEECQ at the bid 0.0001 ASAP before the bid drops to Zero since it already hit 0.000001 and 0.00001 respectively...

[Value_Investor]

FEECQ is down 50% so far! Is it a "worthless security"? 0.0001 x 0.0002 now. No more Slapping action at 0.0003s! Sell at the bid ASAP to avoid 0 x 0.0001 or 0 x 0.0002...

Where are those investors now who were going to buy 250M or 25M shares of FEECQ at the asking price?

[Value_Investor]

When? Any link or official document to support your declaimation? If that were the case then why the majority of FEECQ shareholders are still holding their tens of millions of shares very firmly without any selling at $0.0001 yet? We all knew $0.0001 is much much much better than $0.0 (cancellation) --- say someone owns 50M shares: at $0.0001 it worth $5,000 but at $0.0 it worth $0.0! There is huge difference between $5,000 and $0.0! If I believed that then I would definitely liquidation all my FEECQ shares at the current bid $0.0001 ASAP...

[runncoach]

Once again those "losses" will be written off on gains from other stocks just like you can when/if this goes to zero.

[Value_Investor]

LOL, that is the only way for those FEEC shareholders to make even or make some gain since their cost bases are too high! Of course they can always choose to liquidate all their FEECQ shares at 0.0001 to take near 100% losses provided there is a bid support at 0.0001...

[integral]

Court will cancel equity.

[integral]

Worthless Securities can be used to offset capital gains.

[runncoach]

Also known as catching a falling knife if/when it goes to zero.

[Value_Investor]

For those Old shareholders who bought pre-bankruptcy FEEC (not FEECQ) shares before the bankruptcy they might not easy to recover unless they did significantly Average-Down to lower their costs base by buying millions of dirt cheap shares at 0.0002s ~ 0.0007s after the "Q"!

However it will be Huge or Giant investment return (100% ~ 12000% or higher) for those New shareholders who only bought the New shares (i.e. FEECQ, not FEEC) after the bankruptcy...

Say someone ever bought 50K shares of FEEC at 0.02 ($1,000 cost) before the "Q". With the same amount of cash ($1,000) now he/she can steal 3,333,333 shares at the current asking price 0.0003. Thus his/her cost base will be dramatically reduced from the original 0.02 to 0.00059 while the most recent high was 0.0007 which is 18.65% higher than 0.00059! Yes, that is the Power of A-D --- lowering the cost base from 0.02 to 0.00059!

[runncoach]

Google chapter 7 bankruptcies. That will give you an unbiased idea of the odds of shareholders getting ANYTHING on their investment. The chances are essentially zero. That doesn't mean that traders can't get lucky if something crazy happens, but the company is basically worthless now that their license has expired and their debts are in the 130 million dollar range. Management is long gone. The odds are much greater that this thing goes to zero/no bid at some point. That's the cold hard facts IMO.

[Value_Investor]

Yes. FEECQ is a great Reverse-Merger (R-M) or Buy-Out (B-O) target as an hot Energy company with Giant Assets base --- $109.616M ~ $77.812M or $0.3166 ~ $0.2248 a share! The FIXED Small SS is also perfect for a R-M or B-O deal. With any such kind of deal we should see the Penny Land again in a couple of days!

For sure it will be Huge or Giant investment return (12000% ~ 100% or more) for those New shareholders who bought the FEECQ shares after the bankruptcy.

For those old shareholders who bought the FEEC shares before the "Q" they might not easy to recover unless they did significantly Average-Down their costs base by buying those dirt cheap 0.0002s ~ 0.0007s!

[GrandAdmiralThrawn]

Does anyone have a clue if this has a chance to recover?

[runncoach]

The stock is still tradeable from most brokerages I would think if that's your question.

[Value_Investor]

FEECQ is up 100% so far! 0.0002 x 0.0003 now. All the dirt cheap 0.0002s are gone! Let's Slap out those dirt cheap 0.0003s now, folks...

[trading.jeff]

Time for some ask slapping now that one of the MMs is showing its hand at .0002. You game?

$FEECQ

[Value_Investor]

Two MMs at the 0.0002 ask v.s. Six MMs at the bid 0.0001. Who is asking 2.955M shares at 0.0003 now? Why didn't this seller take off his/her shares and move down to 0.0002 ~ 0.0001 or move up to 0.0004 ~ 0.0007? FEECQ needs strong Slapping action at 0.0002 ~ 0.0003 or strong bids support at 0.0002 ~ 0.0003 in order to break up the most recent high 0.0007...

We should see some tax-loss sales at 0.0001s since it is near the end of the year!

[GrandAdmiralThrawn]

So is this able to be bought, or are they not selling anything?

[runncoach]

Yep, that's how it works.

[LouisDesyjr]

No bid procedure

What you can do, if the stock goes 'no bid' (no one will buy shares at any price, even below $0.0001), is that you can ask the brokerage firm to take 'the stock off your hands'. In effect, you give it to the broker firm for nothing, but since you have now closed the position, you can claim the stock loss in that year.

Louis J. Desy Jr.

[Value_Investor]

Very true. Now it is the best time for the year-end tax-loss sales! We would not see any Slapping action at the ask until 01/01/2017 unless some investors are thirsty for those dirt cheap 0.0002s or even 0.0003s. Let's see how many millions of shares will be sold at 0.0001s... Anyway FEECQ is still the cheapest Q stock among all the Q peers with the similar size of Giant assets! $34K Market Value now!

[runncoach]

Most brokers allow it. You just have to get a letter from them.

[Kid-Gloves]

You cant write off what doesn't sell. If your stuck in no bid it sucks

[runncoach]

There's no rush. You have til the end of the year to sell. If it goes no bid you can still get the write off.

[Value_Investor]

Based on the float available for trading, just 250M shares of Slapping action will drive FEECQ to Dollar Land at least! And 100M shares of Slapping action can push FEECQ back to the Penny Land again while 25M shares of Slapping actiob could send this hiddem gem to 0.0030 at least...

Is the buying fund ready?

[Value_Investor]

Based on the Info. I got from both the SEC and FINRA: selling any shares below the bid or buying above the ask is Illegal Manipulation which is subject to the serious jail-time punishment no matter how many shares were traded and who did that! This kind of illegal manipulation sales are definitely "crime" activities in USA stock market!

True no real difference if one owns mere 10K shares, but big difference for those shareholders who own 1M ~ 10M or more shares of FEECQ! Because at $0.0001 each 10M shares worth $1,000 but only worth $1,00 at $0.00001 or just worth $10 at $0.000001!

Currently there is no any Slapping action at the 0.0002 ask at all! So if someones want to take the year-end-tax-write-off benefit then they should sell their shares at the current big bid 0.0001 ASAP...

Anyway If I just own 1K ~ 100K shares now then I would dump all my fractional shares at the bid and move onto another stock! Why wait?

[runncoach]

You act like just because a trade is now worth only a few dollars that selling is a "crime trade"? lol. Those few dollars could have been a few hundred or even thousand dollars in the past. I expect more to come. I even have 10k left myself to sell as a tax write off before the end of the year. I doubt I'm the only one. Cost basis on those was about .13 I believe. What do I care if it goes for .00001 or .00002 or .00003.

[Value_Investor]

Nice to see the price up 9900% from 0.000001 to the REAL Bottom price 0.0001 now! Totally 121,976 shares manipulated at 0.00001 ~ 0.000001 (which are below the then bid 0.0001) so far!

I wish to see more asking shares move down to 0.0002 or 0.0001 from 0.0003 or 0.0004...

FEECQ needs very strong support at 0.0002s in order to take out all the dirt cheap 0.0003s which will trigger the Giant rally to 0.012!

[Value_Investor]

The current price is 0.000001 which equals to mere 1% of the Lowest-Possible price 0.0001! FEECQ might decline to "no bid" at all as someones speculated for long time if the majority of floating shares holders choose to liquidate all their FEECQ shares at the bid (0.0001) since the current bids size (25,016,500 shares) is far far less than the maximal available float (estimative 77,352,920 ~ 97,304,240 shares)...

Welcome to the board! Nice to see more New investors for the hidden gem FEECQ!

[trading.jeff]

$FEECQ Ask is back to .0002; NITE's showing a 10K.

[GrandAdmiralThrawn]

What is the price reading on Etrade, or your stock platform?

[Value_Investor]

How could the FEECQ's price hit as low as 0.000001 (total 40,000 shares sold at 0.000001 so far) and 0.00001 (total 81,976 shares sold at 0.00001 so far)? Who did those very sick sales? Why? What are their purpose? Why didn't they sell their shares at the bid 0.0001 which is 100 ~ 10 Times higher price? When will the speculated "No Bid" kick in? How could a stock's price drop to below the Lowest-Possible price 0.0001? Why all the public websites still show the All-Time-Low or 52-week low at 0.0001, instead of 0.00001 or 0.000001? Are those price manipulations (below the bid) Illegal? Who committed to those crime sales? Both SEC and FINRA should take serious legal actions against those price manipulators in order to protect all the FEECQ investors! What is the average cost base for all the FEECQ shareholders? Why the majority of them are still holding their shares very firmly without selling them at the bid (0.0001) yet?

[Value_Investor]

FEECQ: 0.0001 x 0.0002 now. No any slapping action at the ask at all! We should see another big sell-off at the bid as soon as next Monday... Anyway hopefully 0.0001 could hold the bottom support for us!

[Value_Investor]

LOL, If it were the "end" then why not many shareholders were willing to sell their FEECQ at 0.0001 now? It seems dried out 0.0001s! Anyway 0.0001 is much much higher than the current price 0.000001 or the previous 0.00001!

[Value_Investor]

No. FEECQ declined back to 0.0001 again! I wish the bid 0.0001 can hold the bottom support to avoid the ridiculous low price level 0.00001 ~ 0.000001 again... Totally 121,976 shares sold at 0.00001 ~ 0.000001 so far!

Another bad news from me: I'll delay my Ask-Slapping plan since the current ask is at 50% higher price 0.0003 (not 0.0002 anymore) now...

[Value_Investor]

LOL, Someone manipulated the price down to 0.0001 again with mere 3,400 shares at the bid! The MM CSTI moved down 1M shares from 0.0004 to 0.0003 which is good for the upcoming bounce since less shares ask at 0.0004 now! The next ask is 253K-0.0004, then 10K-0.0010 from the Level2.

With about 10M shares of Slapping action FEECQ can surge over 0.0004!

[trading.jeff]

No trades so far today; pps is still .0002.

$FEECQ

[Value_Investor]

The Level2 shows that 40,000 shares manipulated at the New All-Time-Low 0.000001 today at 8:58AM which was the specific trading time only available for the sick MMs and not for any individual investors! We could only trade a OTC stock at 9:30AM ~ 4:00PM, not before 9:30AM nor after 4:00PM.

10K-0.0002 x 9.655M-0.0003 now. The next ask is 10K-0.0010! If we can eat out all the dirt cheap 0.0003s then FEECQ will easily surge over the most recent high 0.0007...

One Q peer had already soared 450-Bagger from 0.00001 to 0.0045 with 160.02M/237.83M/350M shares float/OS/AS and much much lower Assets Value ($4.083M) most recently! To match the Same Market Value --- $1.07M, FEECQ (100M-/346,222,370/500,000,000 shares float/OS/AS and $77.812M ~ $109.616M Giant Assets Value) will hit the New High 0.0031 which is 31-Bagger Huge Investment Return from the Bottom!

[Value_Investor]

FEECQ is on fire today! Nice 100% up for both the bid and price! 4.25M-0.0002 x 9.62M-0.0003. The next ask is 1M-0.0004, then 10K-0.0010 from Hyper Thin asks of Level2! No more sell-off at the basement 0.0002 ~ 0.0001! Therefore 0.0003 is the Lowest price to get in before FEECQ surges back to the previous All-Time-Low 0.012 again!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10285436

To match the Same Market Value ($6.04M) with one Q peer (448M/1B shares OS/AS and much much lower Assets Value $10.853M), FEECQ (346M/500M shares OS/AS and $77.812M ~ $109.616M Giant Assets Value) will hit the New High 0.0175 which is 87.5-Bagger Huge Investment Return from here (0.0002)!

[integral]

The end was last year.

[Value_Investor]

Bad news from them this morning: they just invested those $20K in another OTC stock (investment-grade with positive Book Value and positive revenue & income) and would not have any money left to buy FEECQ now unless they sell out that entire position!

It seems we have to act on our own to provide bids support at 0.0001 now and at 0.0002 ~ 0.0006 later in order to break out 0.0007...

Anyway one Q peer had just soared 450-Bagger from 0.00001 to 0.0045 with 160.02M/237.83M/350M shares float/OS/AS and much much lower Assets Value ($4.083M) most recently! To match the Same MV --- $1.07M, FEECQ (100M-/346,222,370/500,000,000 shares float/OS/AS and $77.812M ~ $109.616M Giant Assets Value with the Same All-Time-Low 0.00001) will hit the New High 0.0031 which is 31-Bagger Huge Investment Return from the Bottom!

[trading.jeff]

A couple weeks ago, you mentioned some friends of yours that would get in, too. Are they still planning on getting in?

$FEECQ