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Still on the sidelines, waiting for that .75 to clear before I jump in. Tomorrow might be the day.... GLTY
Where is the volume coming from?
chart looks good for a breakout...break of .74 with .87(t1) and 1.34(t2) Stop close under .64
Yup..its still trading so we have chance...trying to look at this with an optomistic point of view
I'm usually wrong when it comes to pennies...adding when I should be selling...well see what happens here. The management has changed here but the company still has a good balance of assets and cash vs debt. Time will tell and good luck to those still holding.
In May 59 Call at 3.7...just 1 contract to start will add later.
I've added some shares in the past week....Seems like a steal IMO.
I don't really think this is bad news. I'm curious if this was a friendly or hostile exit. Doesn't really matter to much I guess. It says they wanted to consolidate management to save cash. Sounds odd in a way. We are sound financially and just need some publicity.
We do have lots of experience at the helm of operations. Hopefully they don't make the same mistakes as in the past and just try to get the oil out of the ground and keep the public/shareholders up to speed. Hey, we did uplist..where is that PR Max!
I think I got your shares at .035 today Striper. Good luck to ya.
Technically this thing has broken its shorter term trendline. Volume sucks but thats another issue. If we get some great news..this rockets. Holding now averaged at .032.
Maybe this is the start of some volume coming in..though half of it looks like a sell at .009..never can really tell.
Time & Sales
Price Size Exch Time
0.015 5000 OBB 14:40:56
0.015 2000 OBB 14:36:31
0.015 1000 OBB 14:20:27
0.015 2000 OBB 14:17:47
0.012 30000 OBB 13:12:05
0.009 44400 OBB 13:12:02
0.012 10000 OBB 09:48:09
Can see the bid/ask on TOS for first time...FWIW
Haha...Well see what happens. still holding against my better judgement. 1.25 then maybe 1.47 if we're lucky
Picked some up Friday. I like the long consolidation and constant support everytime it dips to .90. Could make for some great upside potential if it breaks the phychological barrier at $1. GlTU
Getting some bid support...To bad the volume is non-existant..Have to wait and see with this one...Hopefully Avenue updates us on what they are doing...
Go CHAG
The company is diluting and/or some restricted shares are/where being sold. Who knows about the float now. Could be a couple hundred million for all I know. Wouldn't doubt it with the volume the past few months. No worries - it will run once the company actually gets some work accomplished. GLTA
What was that 21M dump at .0002. LOL Maybe that was the companies last.
Est. Float: 36.3M - I have a hard time believing this is anywhere close to legit. If I had to guess - I'd double it. Picked up some more at .0003. This company sucks but I needed to average down or sell for pennies.
Nah, I think Max and company took the cash south and are sipping on a beach collecting interest. Really, would be nice to here something one of these months from these guys.
Given time, maybe. Lots of shares to absorb. Have to remember these green arrow folks aren't in this for the long run. It appears they ran this up and they will be selling next week, IMO. Maybe more buyers will step in to keep this going, only time will tell.
Good-maybe your source is reliable. Positive would be nice
THe company as in Karen
News has been expected for weeks! Where did you get your info from?
I'll believe it when I see it. It will probably be all fluff when we do see something.
Looks like dilution to me. Maybe they are finally done selling, LOL
Keep hitting the ask! Won't take much to move this with the right news, IMO.
Anyone heard anything? When/if we ever hear from these clowns maybe they will throw everything at us at once. Kinda getting old - out of bankruptcy yet if feels like we are dead in the water. GOOoooo Chag
Where in my post did I say the stock had bottomed? No need to get into a pissing match but-- I said the stoch(meaning stochastic) had bottomed. I even said it would go farther down without some news or interest.
Chart: A few things need to happen to make it bullish. The stoch is bottomed but the CCI needs to break the trendline. A catalyst is needed at this point or we just head farther down, IMO.
I've got a small order in at .045. Tried .04 for a bit but no fill. Bumped it up, see if it fills.
LOL. U have to be a little to play these things.. at .0021 now. What a piece of garbage we have here, maybe .001 is a better buy.
Just a guess really. Looking to average down when it looks ripe. I've made some stupid buys with this stock in the last two months. Hoping to get the average down to .0038 if it hits .0015. Well see.
Your definetely an optimist! Looking to add at .0015. Won't be long at this rate.
Anyone know the transfer agents #, I'm kinda curious. Thanks
Definetly not a good time to be holding any subber oil stocks. HTOG, UVSE, TNOG, QMNM - all in the crapper. GL to us all, we need it.
What a joke. I know that this on the grays, but next stop is subber land from the way its been going. Why someone would want to sell down here is beside me. What do they know that I don't?
I'd try .05. I picked up a few last week there.
Cool. Hopefully they have been hauling some oil. A little tidbit about Barrett.
http://www.tennoil.com/Archived%20Newsletters/August2007.htm
BARRETT OIL PURCHASING GROWING TO MEET DEMAND- Albany, Ky-based Barrett Oil Purchasing said in a recent letter to landowners and operators, " We once were a three employee, two truck family run company (we are still a FAMILY run company.) But as of the end of July, when our latest 2 new tractors and tankers arrive, we will have 27 great employees and 18 trucks that we are very proud of. And as the need arises more trucks will be ordered and more employees will be hired.
"We are writing this letter so you are personally informed of the improvements we have in the process of completing, that will make our company more efficient in hauling your oil. Barrett Oil Purchasing will be running 2 shifts of tankers to Ashland, Ky, by the middle of August. We are presently moving the maximum amount with 1 shift, but the 24 hour a day/7 day a week unloading facility that is currently being built will give us the ability to move our oil out of the fields and into the refinery even quicker."
Someone wanted this lower. I love the 10k share whacks to get the bid down. Tomorrow is another day, but still sucks that .0045 didn't hold up as support. Could go much lower if people get shaken out. This is how most pennies trade. Down, down, and then news of some sort to jack price up. How bought some news?
Usually the longer the consolidation, the bigger the move up. We need a sustained move, not a half day spike with a sell-off after lunch. As long as the .0045 support holds we should be fine, IMO.
Painted some green. See if it holds.