Luck Is When Preparation Meets opportunity
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah They are getting greedy and it is going to bite them soon enough. patiently waiting. good luck everyone.
SOme Good size positions being covered right now.
5 days of Gains in the S&P 500 Wonder what the Sixth day of trading will bring :)
I would not risk it. they Just claimed BK
Yeah Ive been waiting for a new entry point I sold up in the .90s and have been sitting idle since then. Did you See what happened to VNR today?
will be over $5.00 once earnings is released.
should get it. SHorts have to cover end of day or face huge losses tomorrow
you to, see what next week has in store for us.
I just feel like that is the most likely outcome here..
I think REXX is about to get bought by a much bigger player.
We failed to break the resistance at 0.54 we were close but not close enough.
Alright Some good action going on here now.
lock your shares up, shorts panicking looking for more shares to try and short.
Lock Your Shares up.
Price should have doubled based on that news alone. But some reason here we sit still around .50 area..
That's a very nice position here. I have loaded this for 12 months and im keeping mine For long term gains as well.
I agree, They are trying to shake long holders just a thought tho, I think this will be really big once we see the next earnings report. They really stepped up there sales of natural gas and are getting alot higher price now by sending it thru the pipeline. and the pipeline deal is for 20 years.
Some very nice buys going thru.
THis is going to fall hard into the close
Right lol, Watching it is crazy,. but im not worried. Hoping we get a christmas gift in the form of a news update helping it go passed $1.00 :)
Acting like it did before they released news the last time. Trying to shake long holders again. Not gonna work.
Perfect day for loading more.
Still Holding, Looks like a few flippers at work today.
Sentiment:Long
12 month price target $5.00
Just my opinion.
Im not a investment advisor invest at your own risk.
, the Existing Shares shall be cancelled without further action by or order of the Court. Each holder of an allowed existing equity interest shall receive its pro rata share of (i) New Common Shares representing, in the aggregate, 0.5% of the New Common Shares issued on the Effective Date, and which upon conversion of the New Convertible Notes (the deemed conversion of which will occur on the Effective Date) will comprise 0.29% of the total outstanding New Common Shares (subject to further dilution by awards under the MIP and the New Common Shares issuable upon exercise of the Warrants) and (ii) seven (7) year warrants (the “Warrants”) entitling their holders upon exercise thereof, on a pro rata basis, to 6% of the total outstanding New Common Shares at a per share price based upon a total equity value of $1,789,000,000 of the reorganized Company (assuming the maximum conversion amounts of the New Convertible Notes).
On the Effective Date, the Company expects to issue (i) 14,925,000 New Common Shares to holders of the Unsecured Notes, (ii) 75,000 New Common Shares to existing stockholders of Basic as of the Effective Date and (iii) 10,825,802 New Common Shares for the deemed conversion of the New Convertible Notes occurring on the Effective Date. The Company expects to reserve an additional (i) 2,066,598 New Common Shares for issuance upon the potential exercise of the Warrants and (ii) 3,237,671 New Common Shares for issuance under the MIP. On a fully diluted basis, assuming conversion of the New Convertible Notes and exercise of all interests expected to be..
Not worth holding, common share holders are getting screwed on this deal. JMHO
Oils current price is over $50 so if it drops back to 45 it would be bad for this stock
After Oil Data Report could see $45.00 Oil Again, That means this could drop below $1.00 again. JMHO
THey Are now Pumping More natural gas than ever before, cause back in early november they turned the pipeline on and they now have an extension. Franklin resources is all over this stock because they see the value in it. this stock is extremely undervalued here at this level. And once we see report on revenue increase from the pipelines coming online we will be over $2.00 a share JMHO
yeah Market makers are keeping it down, trying to shake investors that are long still. I think a Price adjustment is coming here as well, SHould be in the $1.00 Range after that News.
I wonder if any short sellers saw the after hours news yet.
THat Is awesome Love the press release
could see a run happen in next hour here. bears vs bulls. round 2
yeah saw that but people traded based off the 8k they released if you ask me. Rexx is doing because short's are getting nervous. just my opinion. so they are trying really hard.. Ill just keep buying more here. not worried really.
Interesting morning. Looks like they tried to shake some investors. COuld we see good news soon?
Well I hope you make a huge return on your money. GLTU as well
So once the reverse split happens then they do the A/S increase to 1.5 billion and you think there is money to be made here? also i see over 5 million shares on the ask good luck to you man
TO many people have been burned here, not worth the risk, because the risk outweighs the reward.
ratify the selection of BDO USA, LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2016;
2. approve an increase to the amount of shares authorized under the Company’s 2015 Equity Incentive Plan from 5,000,000 to 15,000,000;
3. re-elect each of Mr. Daniel G. Teper and Mr. John Neczesny, nominees for Class III directors, as members of our Board of Directors; and
4. authorize an amendment to our Certificate of Incorporation to effect a reverse stock split of our common stock at a specific ratio, within a range of 1-for- 2 and 1-for-25, to be determined by our Board of Directors in its sole discretion and effected, if at all, on or before December 15, 2017. <______________________Why i wont buy. Because it says on or before December 15,2017 so once they get the increase boom reverse split then dilution. Careful here guys.
Good Day here. Will Add More TO my position this week most likely tomorrow.
Great Day here, see if we can continue tomorrow. would be nice to get a good press release.
Looks good to me lets push it past $1.00 by Friday