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.
Hello friends, I am also a stockholder in NGL.
Raymond James says this:
http://video.cnbc.com/gallery/?video=3000486412
NGL: $12.21
March 16 wti oil: $32.25
Ajor1
Spunky,why would Lanza let you get anything if he is doing so much illegal stuff as so many assume or claim to know? Would you not try to get every penny owed if he "gave up" as you suggest? Do you think he would have less of a chance of being convicted on the alleged crimes?
No, I don't see someone giving up as it would not appear to be in his or her best interest. If the web is too complicated, maybe one has no choice but to play things out as they play. After all, all those press releases require certain interpretations that will make any convictions difficult if not impossible to obtain. Look at OMDA and all the trouble they are having. And if a company like OMDA can win, that would appear to be bad for BDGR.
So if you could win, then OMDA probably could win and if OMDA could win then you might not get anything anyway. Get it?
At least this is amusing.
BDGR: $0.018
Ajor1
Kenco, you must read this press releases from ALL companies very carefully to look for what they are NOT actually telling you. In the case of the OMDA press release you posted, note that it talks of AVERAGE PRODUCTION FOR FIVE DAYS. This is often done, IMO, to lead people to ASSUME that the first five days production will equate into average production numbers for the month. Now, they said in July they would report the ACTUAL numbers. What, if anything, did they report?
Do you see what I'm talking about. I run into these "hype" PR's all the time. I find it appalling what is done. For instance, after a press release like that, the company, IMO, should be required to immediately post a material change in production from the one initally stated. However, I do not beleive the law requires that. Then again, what is a "material change."
Dishonest people will always find a way to twist normal reasoning in an attempt to deceieve others.
The Lanzas once controlled OMDA, and then went onto BDGR. OMDA now sells for $0.0001 per share. I suspect that will be BDGR's fate and the the news of a "takeover" by this other BOD sounds very similar to past Lanza history.
BDGR: $0.018
Ajor1
Kenco, as I'm sure you are aware, many hypers use terms like "we anticipate," or "we project." Those terms are not definite, and therefore, it is easy for a company to say, "opps, we were wrong!" And some management, like BDGR, can be more wrong than others and just say, "opps, I thought there would be more, but I anticipated wrong, or my projections were off because of water in the well."
This is a loophole that novice investors often overlook. I can anticipate getting $20 mil for a 1% holding in BDGR, but I think we know the quality of that projection.
OMOG is just another BDGR, IMO. Adam B said he was not selling shares, but actually stated he was buying them back! In the meantime, zillions more of OMOG shares were sold. OMOG has well over a billion shares outstanding at this point. Yikes!
BDGR: $0.018
Ajor1
Didn't Joe Lanza on this thread say that he expected the stock price to go much higher and that you wouldn't be disappointed. That kind of sounds like what Mr. Michaels said when he was CEO of BDGR not that long ago when the share price had fallen to around $0.70.
Is that a coincidence?
BDGR: $0.018
Ajor1
Hey, no problem. Many people don't like to hear negative info about a stock they are holding. Unfortunatley, it is the negative info that is probably the most helpful! Like the King who is surrounded by "yes men," one often makes bad decisions by following the "yes, whatever you want to hear crowd" rather than the, "No! What are you thinking!!!!!" less common voice.
Sadly, to say, I once touted BDGR as a stock to buy. I actually did well with the prediction until it went back from where it started, and then much lower. Fortunatley, I got out. Unfortunately, many, apparently, did not get out despite my many negative postings.
I got out when the SEC documents failed to show up by Sept 2006. I should have NOT gotten in even then as the SEC documents were already WAY, WAY late and had already been promised many times before.
I just obtained a verbal agreement to buy a house for $10,000. It is two bedrooms with a garage. It has all its appliances and can be lived in now. I should get at least $350 per month rent for it just as it is. And I just signed another agreement for a house with 3 bedrooms and a bath and large basement for $15,500 that will rent for about $550.00 and needs NO work to move in now (but I'll put a couple thousand into it anyway).
I don't say this to brag or anything, but to show you another way to make money and to show you the relative risk one takes by these penny stocks.
Wow! Why even invest in a stock like BDGR when so many sure-shot ways to making money are out there?
Right now, many parts of the US are giving away real estate. Buy low and sell high . . .
Stocks go up and stocks go down, but I see no fundamental reason to buy BDGR.
BDGR: $0.017
Ajor1
You ask what my point is. My point is NOT to trust the Lanzas. My point is "Why trust ANYTHING about BDGR or ANYONE involved and that BDGR is probably essentially worthless."
I am not here to BASH BDGR, I'm here to give what I consider an impartial view towards this company and what is going on right now.
Am I the only one who finds it odd that this stock is making new lows each day? What would it take to keep this stock price up if it was worth anything? Maybe someones printing and dumping shares, or who knows what else.
I'm sorry for those who are and have lost money in BDGR . . . but it has not been done without warning and really there was little or NO reason to hold BDGR from $4.00 per share to now. I was burned to some degree on BDGR, but I had warnings and did not listen. Then I set new boundries for the company such as "the audit must be out by Sept 2006." Guess what? The audit never came out! And it was promised at that time for over a year!
Some time after that I sold (and I was even a little late doing so).
BDGR is just a gamble that the price will go up for some. I see no way to value BDGR fundamentally and any efforts to do so appear to be based on hope or hype or . . .
BDGR: $0.015
Ajor1
"You can't fix BDGR in 40 days."
And OMOG couldn't be fixed in 40 days either ! Or 100, or 200, or 500 etc.
BDGR: $O.015
Ajor1
Spunky, you know what is "going on" with BDGR right now with the alledged "takeover" is VERY similar to what happened when the last Lanza company, symbol OMOG, was taken over by Adam Barnett. Now, how did OMOG do? Is it not about $0.0001 without the Lanzas?
Now, OMOG also was an oil/gas company. In fact, OMOG alleges that many of the BDGR assets will go back to OMOG. Adam Barnett supposedly took over control of OMOG by surprise from the Lanzas and Adam was going to make the company profitable.
Guess what? OMOG is down, down, down . . . and still down.
Of course, it rose on optimism, but it was all hot air.
Spunky, are you and your cohorts "hot air"?
Is this company worth nothing with or without the Lanzas?
How many preferred shares are waiting to convert into regular shares?
Who owns what assets?
Is there anything to win? If not, how will paying legal fees end up sapping the value of the office furniture, etc, you might win?
Also, I find it curious that you continue to avoid addressing these obvious similarities. Why?
Lastly, if OMOG's alledgagtions are right, and the Lanzas did put OMOG assets into BDGR, among other places, then what does that mean to BDGR shareholders?
Will BDGR shareholders use the same law firms who are already alledged to be so familar with the Lanza's dealings, if not, why not?
BDGR and all that is going on right now, of course, is just a joke to someone like myself whose followed this and similar sagas for a while.
Spunkyknight, will you "save" these shareholders? Or are you NOT a white knight?
BDGR: $0.015
Ajor1 "invest in very high cash-flowing real estate"
Stock price will be going up, eventually, if I am correct. This is getting to be a bigger and bigger company. We are now starting to drill new wells and not just open old wells. At some point, I suspect we will start to drill in areas other than Caddo Lake and not be as dependent on the higher price of oil. This could take a few years, but the writing is on the wall.
Has everyone listened to the conference calls as in two of the recent news releases? Didn't the Grozzo interview mention going to Amex and the audit being done this month?
I have not sold or traded one share. I think now is a good time to be buying, actually.
The growth of this company should continue exactly as it has been for some time. I think we will see a number of $25 mil deals in the upcoming couple years as the company is audited and listed on the Amex. The share price should rise as a result.
I wouldn't be surprised if we buy out OMOG. I think current OMOG shareholders will continue to be disappointed, but I could see us buying OMOG just to get all these legal issues behind us. On the other hand, we could easily just wait to have things settled in court where we will win rulings that will essentially free this company from the legal issues. I hear we will probably do that, but I still suspect we will buy OMOG.
BDGR: $.84
OMOG: $0.0042
Ajor
BDGR: $0.84 EOM
hhbus, BDGR is going to wipe OMOG out. No more settlement. Now we punish OMOG and Adam B, IMO. BDGR is up about 100% while OMOG is just about at its low. OMOG should go lower. No settlement with BDGR unless it is on BDGR's terms.
OMOG, IMO, will continue to disappoint. What has Adam B done right other than partially steal a company when he raided OMOG and gambled the assets were not more restricted than they ended up being?
The Lanza's weren't born yesterday. They will end up keeping most of those assets. OMOG might get $10 mil, now, if they are lucky.
BDGR will see OMOG in court and you OMOG shareholders will continue to be disappointed.
BDGR, in about the next four weeks will have its audited financials out and then go to the AMEX. BDGR stock price might be $0.80 but sooner or later the market will see what I see.
Ajor is usually right.
BDGR: $0.80
OMOG: $0.0042
Ajor
Amex is coming . . .
First the audited financials and then an AMEX listing. This will have to be good for BDGR. Oil prices are still up, about $76 per bbl. This must be good for BDGR. Along with the audited financials, more financing should follow, or at least the closing of the Gemini deal.
This is an exciting time for BDGR stockholders, even if the price of the stock is down from the recent high of about $2.30.
I have not sold or traded one share of BDGR since I bought my first shares.
Next, all we will have to do is get rid of OMOG. That should not be too hard. How long before OMOG shareholders and Adam B realize they have will have to settle for whatever BDGR offers them- assuming BDGR decides they want to give them anything without going to court first.
BDGR: $0.80
Ajor
It's coming soon . . .
. . . the audited financials are coming any week now. Probably before Sept 1, 2006.
BDGR: $0.80
Ajor
Derekz, that would be good if you could take some pictures. I will probably visit their office, etc, at some point. I have not sold or traded one share. Things are move more slowly than one might hope, but things keep moving foreward. The company uses a lot of share in its purchases of wells, etc, so the stock price is under constant pressure. At some point, we will hit critical mass, and this stock might just start to move up and keep moving that way.
Of course, we will need the audited financials to bring more credibility to this company, along with a listing a more credible exchange. I suspect that exchange will be the AMEX, but who knows?
So, does anyone want to guess when the audit will be done?
BDGR: $0.85
Ajor
TNSX is doing about 700,000 transactions per month @ $0.55 per transaction.
TNSX sells for about $0.15 per share now.
Still holding my BDGR. It is about $0.80 per share.
TNSX continues to increase transactions. Still waiting on it to prove its ability to sell its product in the US which has stricter privacy rules than Brazil.
Ajor
Oil $76 per bbl. BDGR $0.80.
Ajor
Yes, the audit is on its way. One day it will come. I can wait. I have not sold or traded one share. Small stocks go up and down easily. BDGR has been isssuing shares to make purchases. Many of these shares are then sold. This, of course, adds selling pressure. However, each day many shares are bought as the volume is regularly in the 200,000's. I like the increased volume, although stocks are more fun when they are rising.
When we get our audit and get on and exchange and get OMOG out of our hair, things should look better, but who knows?
BDGR: About $0.80
Ajor
BDGR is about $0.80 now. It seems it goes down every day. However, I have not sold or traded one share. I hope that one day I am vindicated for holding this position. I expect to one day get at least $3.00, but who know?
If I were to buy any more, I'd have to visit the company, see the wells, talk to company contacts, etc, and right now I am too lazy to do that. However, at some point I might step up my research.
Ajor
***There are 46,333,092 shares outstanding with 250,000,000 authorized shares for Black Dragon as of 7-21-2006.
Thank you
Jason M. Bogutski - President
Signature Stock Transfer, Inc.
2301 Ohio Drive - Suite 100
Plano, Texas 75093
Telephone Number 972 612 4120
Facsimile Number 972 612 4122
Email Address signaturestocktransfer@msn.com ***
The rate of posting here appears to be slowing. BDGR is now about $0.85. It has consistently fallen since its rise to about $2.30 a number of weeks ago.
Production increases and the per bbl of oil gotten continues to increase. Oil is around $74 per bbl.
Ajor
Hello Crabbermike! You are not talking to yourself, although I have not visited for a while. The small caps are getting beat up, or so it seems. The news on TNSX continued to be good. I'm especially looking to see how they do in implementing their solutions of the US market. The US has privacy laws that Brazil does not have so just because things go smoothly in Brazil does not mean it will in the US.
Of course, TNSX says they now have a HIPPA (privacy) compliant version of their software, so all will just have to wait.
My BDGR is down almost every day. I have not sold or traded one share. I have not been spending much time following them since they are not fun to watch anymore.
For those who still have cash, the recent stock sell-offs are creating some buying opportunities.
I conintue to be very interested in TNSX although I still do not own any.
TNSX: $0.15
BDGR: $0.87
Ajor
Eatmenasdaq, I'm up on all my BDGR holdings and I hope it stays that way. I see BIGN is getting hit, too. I don't like BIGN at all. I think it is mostly smoke and mirrors. BDGR has some elements to wonder about, too, but overall they have produced rather well.
At some point I expect audited financials to come out although I'm not sure how this litigation with OMOG might effect our listing of our financials. The less OMOG knows the better so maybe we will not be so quick to produce those financials or maybe they will be limited in scope- not the type we need for an AMEX listing.
In any case, this is a brutal market. I've lost lots, although I might still be up for the year . . . but compared to where I was . . .
I have not been watching the market as closely. I took out about 25% of my mutual funds and put them into cash a number of weeks ago. I rarely do that, but I just think too much is too uncertain now. Maybe late this year or early next year I will be 100% invested again.
Anyway, I hope everyone is doing better than I have these last couple of months. Brutal! But the sun will shine again if we don't go up in dust via a mushroom cloud.
Am I pessimistic or what?
But I have not sold or traded even one share of BDGR since I have owned it.
BDGR: $1.03
Ajor
Wow, BDGR is actully above $1.00. Can we actually close above $1? Oil could be over $100/bbl any day now, although I think oil investors are better served by a slow upward trend, not great jumps. Like a frog who will not react to a slowly heated pot of water, buyers of oil are less likely to react to oil price hikes if they are more controlled.
BDGR: $1.02
Ajor
Oil is just above $78 per barrel. The non-Muslim world is headed for a direct confrontation with the middle east. I expect world powers like China and even Russia to get involved at some point.
Things don't look good folks. Unfortunatley, no matter how much we make on the price of oil going up in price in the short-term, it won't be enough to compenstate for the potential world changes that could take place overnight.
I am concerned for the world's safety. It seems the Muslim sects involved in self-annilation and or complete destruction of its enemies is at some point in history going to be fulfilled. Hopefully, those at war in the world who do not have nuclear missles will not be allowed to get them.
Can you imagine Syria or Gaza with nuclear missles?
It seems that Israel's biggest mistake when attacked by the muslim world was to allow any muslims to remain in Israel with the exception of some in Jerusalem, perhaps.
War is a very cold business. To win a war one must be very destructive. Is America really at war with terrorists? Where will this lead America? It seems America must be willing to do more than the Muslims terrorists would do. What do you think they would do to America if they COULD? This is a sad path for America, I hope they realize the implication of this "war."
Unlike many, I feel that any fuel shortage is only temporary as we have many alternatives to conventional oil today. Our real shortage is in infrastructure to meet the world's energy demands.
Canada has more oil than Saudia Arabia in its oil sands. America has more oil than Saudia Arabia in its shale. The ocean has more oil than is probably known in the entire world.
Plants can be made into fuel (corn, etc.). Coal can be converted into oil and Europe and the world has lots of coal.
Nuclear energy could provide all our energy needs if enough plants were built, if you don't mind the possibility of one exploding near your and killing everyone you know in your area and permanently contaminating the land, etc.
I have not sold or traded one share of BDGR. BDGR is my energy play. BDGR is in the mid-nineties. It is about $0.96 right now.
I could have sold or traded shares in BDGR above $2, but I haven't. I expect to get much more, but who knows?
I'm just waiting. Certainly so far, the price of oil has cooperated to help increase BDGR's value.
BDGR: $0.96
Ajor
BDGR $0.92 close. I have not sold or traded one share.
Ajor
Ajor has not sold or traded one share of BDGR. Score, thank you for your kind words. We will see what the future brings.
Stock prices go up and down. It is fundamentals that will ultimately drive the price of a stock. I am still up on my BDGR holdings. As I said before, I expect OMOG to continue to disappoint.
BDGR: $0.89
Ajor
***There will be shortly be available some new technology, applicable to 4,000' ft or so, that should cut the cost of equipping wells in the area by more than 1/2, with all new equipment, as compared to used conventional equipment.***
What is your source, Bubba? Also, are you a BDGR stockholder now? I have not sold or traded one share. I see OMOG has been inching up while BDGR continues to flounder. That does not seem to make sense to me unless a deal is in the works.
In any case, I don't like OMOG and have found that OMOG has done nothing of substance for shareholders. OMOG has issued many shares with no or little fundamental results. OMOG sues everyone like a cry-baby. I am curious to see how all end up for OMOG. If the past is a good indicator of the future, I expect OMOG to continue to disappoint.
Right now, of course, I'd rather see BDGR going up in price, but these little stocks have a habit of going up and down drastically. I wonder if we'll make it back to the $0.70's.
Can someone leave Ragingbull a note that I have not sold or traded one share? I don't like RB and refuse to have them constantly make "errors" regarding my account and stop it then start it up again.
Thank for letting RB know I'm alive and almost well
BDGR: $0.94
Ajor
It seems to me that the recent amount of shares of OMOG recently purchased by Adam B, BDGR's nemisis, are essentially zero. At 0.004 per share, how many dollars does one have to spend to buy 10,000,000 shares?
Adam raided OMOG and essentially destroyed it, IMO. What has OMOG done since Adam took over OMOG with so many promises? Yes, OMOG's Adam B produced many lawsuits . . . anything else?
Now, in the meantime, with just a small portion of OMOG's overall disputed assets or about 1/3 of BDGR's assets, BDGR has grown into " a mighty oak" as per Adam's newsletter.
What has OMOG done with its assets . . . continued to disappoint by any chance?
Didn't Ajor predict OMOG's liklihood of continuing to disappoint months ago? And what about the additional shares recently issued by OMOG? Didn't FatNhappy say it would not happen because the OMOG shareholders would not allow it?
I guess we know the value of FatNhappy's opinion.
While OMOG's continues to disappoint, what has BDGR done? Every month BDGR increases production and is well in the midst of a financial audit readying itself for a listing- perhaps on the AMEX (but not definitely. Could be OTC).
It is now July 9, 2006. I have not sold or traded one share of BDGR. I do not own one share nor have I ever owned even one share of OMOG.
BDGR: $0.96
OMOG: $0.006
Ajor
Tafsnd, it seems to me that the recent amount of shares purchased by Adam are essentially zero. At 0.004 per share, how many dollars does one have to spend to buy 10,000,000 shares? Also, good point about the dilution, although something tells me he has many preferreds at who knows what price or conversion rate.
Adam raided OMOG and essentially destroyed it, IMO. What has OMOG done since Adam took over OMOG with so many promises? Yes, many lawsuits . . . anything else?
Now, in the meantime, with just a small portion of OMOG's overall disputed assets or about 1/3 of BDGR's assets, BDGR has grown into " a mighty oak" as per Adam's newsletter.
What has OMOG done with its assets . . . continued to disappoint by any chance?
Didn't Ajor predict this months ago? And what about the additional shares recently issued? Didn't FatNhappy say it would not happen because the shareholders would not allow it?
I guess we know the value of FatNhappy's opinion.
While OMOG's continues to disappoint, what has BDGR done? Every month it increases production and is well in the midst of a financial audit readying itself for a listing- perhaps on the AMEX (but not definitely. Could be OTC).
It is now July 9, 2006. I have not sold or traded one share of BDGR. I do not own one share nor have I ever owned even one share of OMOG.
BDGR: $0.96
OMOG: $0.006
Ajor
***I'll tell you what it tells me, AB isn't buying shares to lose money. From what I've seen over the last two plus years, he is one very shrewd individual that is going for the jugular vein, HIS way. ;) ***
What you say "sounds" good. But what have Adam produced other than disappointments and "pie-in-the-sky" lawsuites.
If July is a good month for OMOG, it is because BDGR makes it that way for OMOG. Remember, OMOG disappoints continuously and BDGR produces. The best thing that could happen to OMOG shareholders is that BDGR buys them out. In that way, OMOG shareholders would then own a free to run BDGR and get rid of the dog management who can't seem to make a sensible deal anywhere with anyone.
Many may not like what I have to say, but it is true, isn't it? What has Adam produced?
BDGR: $1.02
OMOG: $0.006 (not even worth a pennny?)
Ajor
Thanks for the input Bubba. Did you buy any stock in BDGR? Todays end was disappointing as we dipped below $1 again with oil inching upwards to about $74 a bbl. We traded over 700,000 shares, too. Apparently, there are still more shares to sell out there.
In any case, it is hard to justify selling a stock that continues to produce. I await the audited financials to learn more about convertibles, etc. I'm assuming BDGR will become a fully reporting company at some point.
BDGR: $0.99
Ajor
24 mil shares of OMOG traded so far. Now, there are about 2 billion shares with the recent dilution. I'm not sure there is much going on other than pumpers trying to pump OMOG.
BDGR, I think, will buy out all of OMOG. Why? Because it is the only way both sides can win. On the other hand, it will be for a disappointing amount (at first). But then BDGR stock will take off with its cleared up legal issues and new AMEX listing and all previous OMOG holders will then hold skyrocketing BDGR stock.
Now, at what price might a buyout be? I doubt it will be for more than its recent high of about $0.011, but who knows? One thing seems likely, BDGR is a "mighty oak" and growing very fast and with outstanding cash flow.
The best thing for OMOG shareholders would be that they would then own BDGR stock and finally be on a winning team AFTER the raider Adam B is gotten rid of.
But what does poor Ajor know?
BDGR: $1.07 (winner)
OMOG: $0.063 (constantly disappoints on every measure except lawsuit production. Regarding some of the disputed assets, it has never been thought by me that OMOG does not deserve something, but I think you'll be disappointed as to what they deserve if $0.011 or so disappoints you. And that was pre-dilution)
Ajor
***Well here is one way of looking at it. Let the seller sell and then come out with the news that we win and BDGR and the others pay us. Makes sense.***
Eatmenasdaq, you are funny. Although it is almost certain that OMOG is rightfully entitled to a part of the disputed assests, something I don't think BDGR would be against settling for, it is greatly exaggerated as to what that settlement should entail.
As I always believed, contrary to the strongest OMOG pumpers/hypers/blind-talkers like Fatnhappy, OMOG recently issued many more shares. And I do believe there will be many more shares in the years to come. Why? Because OMOG has no money and is at least a decade away from getting all that it could get by sitting at the table, as one does when holding a weak hand, and settle.
BDGR is confident in its ability to overall win this contest of wills. BDGR is run by a lawyer. A lawyer who knows more about the disputed properties than Adam B of OMOG, literally, ever knew. Also, our CEO knows Adam and the condition of OMOG and how weak it is.
How long do you REALLY think it will take to settle this? How much do you REALLY think it will cost.
Remember, even if OMOG wins much more from BDGR than I expect, the appeals and wraggling over every well will cost zillions of dollars for OMOG. And OMOG will lose many of those wranglings. Many of those wells won back will be shown to have associated liabilities with them. They will be in poor condition, etc, as they were when BDGR took them over.
OMOG can't win all of BDGR as some PUMP, even though unlike OMOG, BDGR has grown into a "mighty oak" as Adam B described BDGR. Why can't OMOG win BDGR from OMOG? Because the dispute is understandable and reasonable. Yes, BDGR has disputed properties in its possession, but that does not make it a theif. Many papers can be produced on both sides that show many documents were not fully completed, propertly completed, or should have been completed on both sides. Many of this, I believe, Adam B personally was involved in.
No, the fault is not all in BDGR. It rests on both halves and will need to be resolved in court. Adam B is grandiose in his predictions to pump up his stock, IMO, so he can continue to sell shares to continue to hope to get lucky with an oil well strike or a settlement with BDGR, YOUNG and whoever else OMOG gets involved with.
I reiterate that Ajor is not usually wrong.
Let's see what the future brings.
More shares came as I predicted. Not being able to settle with BDGR is and was VERY bad news for OMOG. Every day without a settlement is a day day OMOG stock should drop.
If a settlement is ever going to happen with BDGR, it should happen in the next six months. It is to BDGR's benefit to settle this deal, but the raider Adam B is NOT going to be given a free lunch.
Are you aware how Adam B got control of BDGR? Behind the backs of the Lanza, he essentially, IMO, betrayed the Lanza's trust and effectively legally "stole" the company.
If you think that BDGR, which the Lanza's play a large role in, are going to give Adam an easy time, you are probably mistaken.
OMOG is little more, IMO, than a pump and dump. Sure, Eatmenasdaq, it might pop on news of a settlement, but it will go back down. In the meantime, as Adam said himself about BDGR, it has grown into a "mighty oak." It did that by being shrewd and knowledgable in its fields.
Has not OMOG continued to disappoint as I stated many times? I expect that to continue.
In the meantime, BDGR is growing and growing. Is BDGR really a "mighty oak" now? Yes, and no. Some can already see what it will be shortly- Is that a "mighty oak" as Adam said? Or is Adam lying?
I have not sold or traded one share of BDGR.
BDGR: $1.08b $1.09a (real oil/gas production)
OMOG: $0.0055b $0.0059a (real disappointment)
Ajor
I haven't traded or sold one share of BDGR. This company is doing most of what I want it to do. Waiting for the audited financials. I am concerned that PETD stopped reporting since the companies are essentially both run by the Lanza family, as I understand things.
BDGR really hasn't hit full stride yet, so this is exciting. What else can BDGR pull out of its hat? I think a few surprises in oil production would be nice . . . assuming they have not been impressive enough already.
Anyway, it is nice to see the stock doing something other than going down.
BDGR: $1.06
Ajor
Hello Eatmenasdaq!
Who knows what BDGR will do. I'm not selling or trading one share. I haven't bought more, either. I have thought about it, but I have found that being wrong is then too expensive. I'm not sure that I would hold back down to $0.40 or not. I guess we'll just have to see.
The volume of BDGR has been high, just as BIGN was before it made its recent move. I hope that points to good things ahead.
Oh, if BIGN goes to $0.005, I'll be buying
BDGR: $1.00
Ajor
Why is BDGR dropping? Someone is selling, selling and selling. Many shares were issued for all these purchases. I don't like the stock price dropping as I wonder if that will mean more shares go to Gemini (or did they already get their shares and are selling?).
I also wonder if we are back to being shorted. In any case, I'm here for the long term so I guess I'll find out. Or will I change my mind tomorrow?
I am surprised overall, but not based on technicals. In fact, I think I would have been more surprised if it was up yesterday, rather than down.
What is the bottom? Hopefully we can hold $0.40!
BDGR: $0.95b $1.00a
Ajor
I guess the trend is often our friend, and right now the trend has been down and down. I remember the good ole days when it was up and up.
I am in love, but love is blind so what does poor Ajor know.
BDGR is now $0.99b $1.00a. 442,000 shares traded after 3.5 hrs. If this ever has a good day, again, I will be surprised. We have had great news out to no avail. It looks like selling and selling. Too bad I did not sell in the $1.70
s or at least the $1.40's.
Ajor
***Saudi Arabia's ambassador to the United States, Prince Turki al-Faisal, said Tuesday that world oil prices could triple if the diplomatic standoff over Iran's nuclear program escalates into a military conflict.***
Oil is still just under $70 per bbl. Iran is unpredictable and very subborn. I'd say it is more likely than not that Iran is stopped via military means, either via Israel or the US. I am for this as we can not allow these people to possess nuclear weapons. They are not responsible enough, IMO. I'm not even sure the US is responsible enough, but to allow Iran to have nuclear weapons, if the world can stop it, would be irresponsible.
Can you imagine how things would go for BDGR with $200/bbl oil? I'd be surprised if it ever hit that high short of Saudi Arabia cutting off oil exports, but who knows.
BDGR: $1.12b $1.13a
Ajor
BDGR: $1.12b $1.13a 57,000 shares traded after 2.5 hrs. EOM