PostRock Energy Corp (PSTRQ)

[Renee]

PSTRQ SEC Suspension "due to a lack of accurate and adequate public information about the companies because questions have arisen as to their operating status, if any."

https://www.sec.gov/litigation/suspensions/2021/34-92362.pdf

Order:

https://www.sec.gov/litigation/suspensions/2021/34-92362-o.pdf

[Value_Investor]

Yeah, PSTRQ did 100-Bagger Giant Quick rally Within just a couple of days --- from 0.0005 to 0.05 with 10M shares OS! Well, its Clean "Q" Shell peer (RGDXQ: CH11-"Q") also had 120-Bagger Giant Quick rally record --- from 0.0002 to 0.024!

Now the peer RGDXQ is only trading at $80K Market Value currently v.s. an Non-Clean "Q" Shell (PSTRQ: CH7-"Q") has $500K MV at $0.05!

Anyway both "Q"-peer stocks have the Similar MV ($5K for PSTRQ at $0.0005 v.s. $4K for RGDXQ at $0.0001) at their Bottom price.

Hopefully in the near future PSTRQ could become another Clean Shell like RGDXQ!

[ologun]

No idea.
.005 to .05 on nothing... with only 182k traded.

[buxmaker]

Huge move today in PSTRQ. Any idea why?

[money8547]

Hey Board what's going on!!!!!? Does anybody know; I have tried to find some reason for the sudden increase by calling the company no success? If anybody has some info it would greatly appreciated.

[Renee]

PSTR: effective April 5,2016 PSTR will change to PSTRQ, bankruptcy:

http://otce.finra.org/DLSymbolNameChanges

[mcjew]

Gonna tank!

[mcjew]

http://m.newsok.com/postrock-energy-lenders-call-debt-due-immediately/article/5485129

[Lone Wolf]

Hey TS. See the AH news on this one? Thoughts? Will be watching in the AM.

[legalizeMJ]

PSTR vs REN (It's oil industry comparison)

1)Both PSTR, REN are oil and gas companies.

2)PSTR issued the 10/7 PR because PSTR CAN'T shore up its balance sheet.

3)REN sold one(1) of its asset for $55ML on 10/8 to shore up its balance sheet.

http://finance.yahoo.com/news/resolute-energy-corporation-announces-closing-110000449.html

DENVER, CO--(Marketwired - Oct 8, 2015) - Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) announced today that it has closed the sale of its Hilight Field assets in the Powder River Basin to a private party for a purchase price of $55 million. The transaction has an effective date of July 1, 2015. The net proceeds of the sale have been used to pay down amounts outstanding under the Company's revolving credit facility.

REN is stronger because it reduces leverage and strengthens its balance sheet.
The above is oil and gas industry comparison.

[Kush Trader]

Post you responded to was from April.

[paladin551]

That would be nice since I loaded up cheap this morning. What do you base your projections on? This was originally intended to be a fairly quick daytrade, but if you can convince me what else to be watching for, I might give it a few days more time.........

[Renee]

PSTR delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

[Timothy Smith]

Agreed, watching closely.

[Dragnet]

Like I said before .30-.40 I'm going to bang on the door again.

New management may change my mind on price and future.

Let's watch closely what changes are made.

[Timothy Smith]

PostRock Energy (PSTR -7.5%) says Terry Carter has retired as President and CEO, effective immediately, and current VP of operations Clark Edwards will take over as Interim President and CEO.

[Dragnet]

Going down fast. Delisting today 45 days to cure. I'm fortunate to have sold above 5.00.

Keep an eye on this as once it gets down into the .30-.40 range could be a huge play back up to 2-3.00 within a couple of months.

[gofoit]

Pstr getting ready for blast off. locked and loaded

[aetosellinas]

Will see $6-7.50 this week

[uptowndw]

Yep next serious drop I'm just gonna park some money in it because it's gonna go volcanic at some point if you can be patient..

[Dragnet]

Yes I sold out at 4.83. Kicking myself!

Going back in on a dip

[UP Trend]

Nice squeeze!

[madras50]

can someone in the know, tell me where they think this is headed?

[cowboyinvestor69]

BP PUSHING SECTOR

[UP Trend]

GENE all over again!

[MWM]

White Deer Equity exercised a good chunk of options, that is the news here...


Nice!

[sweet crude]

over extended, wait for pull back

RSI hit 70, and way above upper bolinger band so id say pull back could be seen here. May try to ease back to test 50 day moving average around $3.10

[Dragnet]

Financial reports came out read them I don't have a link. Wow! Have they kicked butt! Quite a turn around!

[uptowndw]

I've made good money with this stock but keep close eye on it, it comes down as fast as it goes up

[Dragnet]

Go baby go! This ones on fire today up 123% today!

[Stock Rockstar]

$PSTR Hitting Radars

http://wallstreetnewscast.com/news/2015/02/pstr-pwe-1564.html

PSTR and PWE Rally on Cost Reductions and Higher Oil Prices

By: staff reporter, John Bodger
Last Updated: February 10, 2015 9:10am EST

(NEW YORK)--The move up in PostRock Energy Corporation (NASD:PSTR) looks ready to continue as news of their cost reduction and higher Oil prices put a bid under the fast rallying play.

In response to the recent collapse of oil and natural gas prices, the Company announced it planned to reduce its Oklahoma City headquarters staff by nearly 25% from 2014 levels, resulting in annualized savings of approximately $2.2 million. Additional cost reductions are being implemented which should further reduce general and administrative and field operating expenses once fully implemented are expect to reduce ongoing operating costs by nearly $4.0 million annually.

On a preliminary basis, PSTR is setting its 2015 capital budget at $5.5 million, more than an 80% reduction from 2014.

As Oil prices collapsed since the fall of 2014, many Oil and Natural Gas companies were expected to cut capex spending to based on the current drop in prices, and PSTR may have now put the pieces in place to weather this storm. Add in the recent rally in oil prices, in addition to dramatic cost reductions, and PSTR has making for continued rally from these levels.

Another more speculative play catching traders attention is InterCore, Inc. (OTC:ICOR), which develops the Driver Alertness Detection System(TM) to alert drivers of potential of falling asleep at the wheel to prevent crashes. The US Congress recently rolled back truck rest requirements, meaning there will now be more sleep deprived tuckers driving on the road, and thus prospect for more deadly crashes, like was seen in 2014 when comedian Tracy Morgan was injured badly by Walmart driver who had fallen asleep at the wheel.

With new roll back in trucker rest requirements, technology like that of ICOR could show to be very useful, and is currently in testing phase with a number of truck fleet insurers to implement their DADS system on wide-scale commercial bases. The stock recently has retraced back from recent high of $8.00, and is now finding possible technical bounce here off its 200-day moving average around $3.00 per share.

Another major oil player showing some life is Penn West Petroleum Ltd (NYSE:PWE), which like PSTR has been finding increased interest from combination of capex cost reductions, recent rally in oil prices, and possible short covering in sector over all. PWE found its stock up over 11% on Monday to a price of $2.67 per share.

[uptowndw]

Why is this moving so hard on such light volume.. almost played this but didn't like the volume smh

[iheartweimers]

I never see a RS that restores value to common share holdings
as they all drop before shares can be traded by anyone except
insiders and broker banks. Scottrade will not show a quote
and I've seen others name brokers that are doing the same.
I mostly hold big board stocks.

[iheartweimers]

This is trading with bid/ask like a grey market stock. I was
holding 4000 shares at the RS at a 50% loss but after the
wait for new shares to settle it had already lost another ~50%.
At the pop to $5 I tried to sell and it dropped to $4 before I
filled. Drunken sailors are steadier.

[crudeoil24]

PWE busting out! >>> Like PSTR > energy sector!

[Sibware]

Volume is still good.Already took a lot of profits early this morning, though...

Big space gap also...

[Sibware]

[crudeoil24]

May see new hod before close.

[crudeoil24]

The R/S was in early January. Energy sector is moving up today.

[iheartweimers]

It is revealed in company 8-K's filed Dec 30, 2014 and Jan 6,
2015. You can look them up, I can't link thru my Scottrade
platform.

[crudeoil24]

Do you have link. I see no filings on R/S. Any reverse split must have been a long time ago.

[Sibware]

PSTR: Finally,all those Forms 4 paying off now!!!

[iheartweimers]

10:1 RS completed. No insider buys, just bonus.
Here is news:
PostRock Energy Corporation (PostRock Energy) posted net income for Q3 2014 of $6.0 million as compared to a loss of $0.64 million in Q3 2013. Q3 2014 oil production in Central Oklahoma increased over three-fold from the previous year volumes and averaged 700 net barrels per day, mainly attributable to a series of successful workovers early in the year and the two horizontal Searight wells.

[crudeoil24]

WTI >> West TEXAS Intermediate Crude @ 51.00

[uptowndw]

Got some on in the $3.80s let's see if it can get back to HOD

[crudeoil24]

Check filings! No R/S > INSIDERS LOADING UP!

Resumed trading after reverse split.

[iheartweimers]

Resumed trading after reverse split.

[Belek]

yeah i seen that, in enough oil & gas stocks for now, this might be

short lived so time will tell..........I snoozed, i loosed.........next time

good luck

[crudeoil24]

Energy companies on the move this week.

[badbass58]

Why the move today? See no news