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What do you think next week will bring? Since the ER is next Thurs! Should I hold or sell tomorrow is the ?...
* * $GST Video Chart 08-02-18 * *
Link to Video - click here to watch the technical chart video
Yes sir, happy trading and profit making to you :) There is definitely profits to made here.
Agreed.. Figured as much.. Once it looked like it wouldn't bust thru 18.. I would of sold also.. I know some been in since 09.. I just average down from .18 I'm good.. Go GST
This might be nothing more than some investors/traders taking their profits from mid-13's (JMO). You should expect some slippage after the multi-green days.
Look at the 30 minute chart. Looks like it's filling in a gap.
Taking a beating here today... Go GST
and its only 4 Barely green days
Yup... Cant hold any gains !! That's Garbage Days!
* * $GST Video Chart 08-01-18 * *
Link to Video - click here to watch the technical chart video
5 green days in a row is, "another garbage day"???
Sure it's frustrating watching it go to .18 all day only to hsve mm's walk it back down to mid .17's, but do some trading with this. Set a sell for early bell then place your bid a little lower to get a few more shares. Wash, rinse, repeat
Gonna give it a day or two . If nothing i'll move on next week
Unreal the MM games here. Another nice update today. Yet the MM will not move it up. I was hoping for a .20 break today personally. Ole well, we wait for another day. I do like the flat line trading and staying above support of .09, .12, and .15 for sure. .165 is quickly becoming a higher low for sure. Great to see.
However the MM Manipulation blows my mind here. The ask is getting hit, yet the MM will not move it up. It goes to .18 only to fall back to .175 so quickly.
I am holding also. This one has potential to be .25 very quickly IF the MM will allow it to recover. There is interest and volume. Tons of accumulation, and a nice PR out earlier. I am not worried about this investment for the next few days. Just waiting for the MM to give us a long deserved recovery.
Best to all here.
YUP ...Disgusting !!
So obvious... 1800 bids all stacked... 1801 ask all stacked... Seriously... Go GST
This is being so manipulated... I will hold for the pop... Go GST
I think I'll also be buying a few more shares. GST will probably do a whole lot more than double from here. The way this stock cam move, the fifty cent level could be breached in a day or two followed by a blast off to the Land of The Buck.
They will figure it out.. Bankruptcy not necessary.. I'm buying more.. It can at least double from here.
Interesting news out this morning for GST. Makes me wonder what they really want out of it. Hrmm....
Considering getting some preferred B shares at lower prices does anyone know how buyback in nov would work if less than $5 share was paid by investor, and would I receive the dividend at this buy in price?
* * $GST Video Chart 07-31-18 * *
Link to Video - click here to watch the technical chart video
Yeah, it’s pretty incredible. Notice the trade at exactly 1600 for .17? Total manipulation. Question is, why? My gut feeling tells me GST is fixing to explode. I originally said .30 before the news/financials. However, i may need to adjust that guesstimate to .48.
Amazes me how they get away with manipulating Prices like the do !!
They will run it down. But not allow it to bounce. Unreal the hold the MM have on this stock.
I hear ya chewy!!!
I'm happy with my 11.1 entry too!
it's good if you got in at .123 last week :)
Well over 5m shares traded in the first 10 minutes. This is some HUGE volume. Not to be overlooked. Someone wants some shares, and as quickly as we saw .20 get printed out the gate. That tells us even at this PPS, it appears to be a bargain for some that are accumulating shares. 5m in 10 minutes, that is unreal volume. Today appears to be a GREAT day. Stay tuned!
20's going now. Great day so far, and under 5m shares. Lets see if the MM will let it run wild today. They did not have a problem taking it from .50 down to .20 in a day. Lets see if they will do the same except in GREEN rather than red?
I was just notified of GST after the steep drop. However you are right about the DD on this one. It goes one of two speeds...ALL or nothing! Hope we are all able to flip out of this with a nice profit. I really want to test and surpass .19 today. So far so good, these 18's are fun to see. Lets hope we see another Friday run today! I know that was a fun day to watch L2 while eating my popcorn.
Your words of "Never a dull moment" are 100% spot on! I've been in and out of this wild stock a few times over the last 2 or 3 years and know this about GST. It knows exactly 2 speeds and 2 speeds only. Straight up at the speed of light or straight down at the speed of light. This one is not for the squeamish. LOL
* * $gst Video Chart 07-31-18 * *
Link to Video - click here to watch the technical chart video
.17's going here in premarket. Nice to see the higher trading base. Today will be an interesting day. Do we test the below .15? Or do we test the Friday HOD at .19? Never a dull moment. I want to see volume come in at 25m or better. Sitting back watching. Enjoy your day all.
Nice volume today at 33m. Followed Friday's volume of 52m very well. Tomorrow we need to see accumulation and more consolidation in the .15-.18 range. That will build a base. I want to see volume of atleast 25m. Also hold the .14 and .12 levels. Would love to test this HOD of .19 from Friday. Just to test the channel of the chart.
Great accumulation today. Nice to see it. Now as far as what I see. I want a quarter a share personally. That would be half of .50 that it was trading at prior to the massive loss of value. I think that will be a good move. Now as far as resistance on the way to .25. It is .17. 19 and.225. After that a quarter is achieved.
Hopefully there will be multiple bidders and not just AMR that everyone thinks is interested. We need at least $8k-$8.5k/acre to make preferred worth par and have common be worth something. acreage has gone for up to 17k in the region but we don't know too much about well results. Hopefully we find out more on the call. ARES obviously knows something we don't and wants out. Not sure if this is a good thing or bad thing.
Depends on the buyout offer and/or the financials. I am betting both are substantially above the current pps and this stock is way oversold. So a 300-400% spike would NOT surprise me based on the activity from the past week.
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Gastar is actively developing and producing reserves in the Marcellus Shale play in the Appalachian Basin, which is one of the hottest E&P plays in the U.S. Approximately two-thirds of Gastar's total net production currently comes from our Marcellus Shale wells. Gastar's focus in the Marcellus Shale is in northern West Virginia where the Marcellus contains high-Btu-content natural gas that also yields significant quantities of condensate and high-value natural gas liquids. Currently, over a third of Gastar's production from this area is condensate and NGLs - making well economics extremely attractive. Gastar expects to have a total of 38 gross operated wells and 11 gross non-operated wells on production in the Marcellus Shale by year-end 2012. Gastar's current focus of activity in the Marcellus Shale play is in northern West Virginia. The economics of these wells is enhanced by the high-Btu content of the natural gas, which yields significant quantities of condensate and high-value natural gas liquids. Click here for larger image. Gastar holds approximately 75,500 net acres in northern West Virginia and southwestern Pennsylvania near acreage held by some of the most active participants in the play. Gastar's leases are strategically located in areas where it is believed that the Marcellus Shale is over-pressured and where operational issues such as water sources, water disposal and gas transportation have proven to be easier to manage than in other parts of the play. Gastar's contiguous acreage position enables it to drill long laterals (an average of approximately 5,000 feet in length), and perform pad drilling operations and conduct large multi-stage fracture stimulations that improve well performance and economics. Acreage in Marshall and Wetzel counties in West Virginia is the current focus of Gastar's activities and capital budget, with over 100 additional well locations identified for near-term drilling. Gastar is drilling multiple Marcellus Shale horizontal wells in northern West Virginia from drilling pads similar to those shown above. Gastar is developing the West Virginia acreage in partnership with Atinum Partners of South Korea, a leading private investment firm. Gastar completed a joint venture with Atinum in November 2010 which covers 42,200 net joint venture acres (21,100 net acres to Gastar) in West Virginia and Pennsylvania. Outside the Atinum partnership, Gastar also holds 54,400 net acres primarily in Preston, Tucker and Pendleton counties in West Virginia in a dry-gas area referred to as our Marcellus East acreage. Due to current low natural gas prices, Gastar is deferring development of the Marcellus East acreage until prices improve. |
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East Texas
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Gastar has acquired an initial lease position in a new oil play located in the Mid-Continent region of the United States with the objective of developing a program focused on low-cost, repeatable horizontal development of conventional oil-bearing formations. Along with a partner, we currently hold approximately 36,700 net leasehold acres (18,350 net acres to Gastar) in three adjoining areas of mutual interest. The initial plan is to drill and complete three gross (1.5 net) horizontal wells by early 2013 to test the potential of the area. Gastar will pay 62.5% of the first four wells' gross drilling and completion costs and 56.25% of the next four wells' gross drilling and completion costs to earn a 50% working interest. For all additional wells beyond the first eight in a prospect area, we are responsible for paying only the drilling and completion costs associated with our 50% working interest (approximate net revenue interest of 39%). We are responsible for all leasing and permitting activities. Gastar's first non-operated well in the Mid-Continent began flow-back operations on October 5, 2012. Based on a recent 30 day average, the well is producing at a stabilized daily gross rate of approximately 84 barrels of oil, 428 barrels of completion fluids and 94 Mcf of 1,496 Btu natural gas, yielding approximately 105 barrels of oil equivalent per day after processing. To date, approximately 19% of the completion fluids from the 13-stage fracture stimulation have been recovered. Drilling and completion costs on the well to date are approximately $4.8 gross ($3.0 net) million. The drilling of the second of the three planned wells has commenced. This well has reached its vertical depth of approximately 7,900 feet, and intermediate casing has been set. Drilling of the approximately 4,400 foot horizontal lateral is in progress (as of mid-December 2012), and the well is anticipated to be on production by late January 2013. Drilling and completion costs of this well are estimated to be $4.3 gross ($2.7 net) million. The third Mid-Continent well is scheduled to commence drilling early January 2013. |
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