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You talking to us or your angie?
just so we are clear.
If you close your left eye it becomes .053
I like looking at the world this way, keeps things interesting
volume picking up
alert
alert
alert
22%
chugga, chugga, chugga, choo, choo
Thomas the train must be pulling this one.
Nice and slow and steady 12% days.
Daddy needs a brand new car.
Okay I'll settle for used.
So like:
.0042 or .0043?
Sorry; couldn't help that one either.
If news is what we hope than .025+ maybe as high as .05.
Others have gone higher with no revenue... this I think is the ticket.
Just my 2 cents then I'm out of here; going to Starbucks.
MM's can do all they want and it appears they are the only ones trading this amongst themselves, all us little guys just hanging on for the bigger picture and hopefully it comes soon. Once news hits (assuming it is good) this should run and sustain higher levels, I'm guessing between .024 and maybe as high as .05. could go higher but lets stay grounded.
See you all later after my caffeine intake. No need to watch things close today; positive movement all around.
I'll be happy to lite the fuse on that rocket.
Geez, a bit harsh don't you think? Don't think he wanted to hold hands, then again...
Thinking I should add at these levels but then again maybe wait until tomorrow; any thoughts?
Volume really dropped off today, good sign I think. No sell off before expected updated news and filings. Telling me this is not a momo play.
I thought this thing would get some running legs this morning. Geez whats one gotta do to get some love.
Need some Smitter pixy dust on this to get it moving. Amazing this mornings volume and trades and now the low (hopefully) before the storm.
Don't get me wrong this stock is the only thing I have right now that is keeping me in the green, it's everything else that is hurting. Even though GDSM is down last couple days, I'm still holding about a 20% gain in this bad boy. I was hoping to find good news here to boost it further and makeup some other losses
My problem is after trading pennies for over 15 years and have not learned how to be patient with them. A few times in the past I tried and it really hurt me; lesson learned.
Expected it to go higher than I bought it and make some change. But instead due to a lousy interview it went just the opposite.
I come here seeking good news...please
my whole month is on the verge of red. At break even now.
So on top of everything else, DKGR is taking on huge debt?
No, wait; it'll be structured in the form of warrants at .10 a share.
This is dropping so fast I can't even get rid of my shares, F&^K I am taking a big hit on this S&^T.
I think someone was suggesting a cup and handle and then a hammer in their chart analysis. Well the hammer has struck the porcelin cup and it's all in pieces now.
Heck ya.
It keeps me young, well mentally anyway.
yes sir
sometimes you just have to sit back and enjoy life instead of fighting it.
I really expected a bunch of hate mail from that post. Or at least be tos'ed
Maybe, it won't be the first time I had a bad idea and acted on it. I am just having trouble finding any value in this stock and the more I think about it and my personal experience in the industry, I like it less and less.
I know what everyone is saying but I am one of those who has to have firsthand knowledge of something before I can commit fully to it, such as the ceo; i know what his resume is but i have never dealt with him in any way and to be honest the interview was a joke to me. He is the ceo and he was not prepared, bottom line. I don't care that he is a field guy; he is now the ceo, better start acting like one.
For those who might be following and think I don't know s%&t; well i came up from the field too and at the same time achieved my five degrees (which have nothig to do with what i do)and i can tell you that if I was unprepared as he was I would be out of a job.
It would be nice to get it before my sell order triggers. Tomorrow I am out 100%.
Exactly, there is no reason to delay.
I have to believe they had some idea of the production rates of the wells before they decided to take on the lease. I mean I would want to know if I was negotiating the deal for myself, geez thats like realestate 101.
You may be right they want to get the rates up, which can be done but can also have devastating impact on the equipment shortening it's life span. Extra or increased production does not mean more staff as it would say in a factory. So, it wouldn't be hard to do just I don't think it is and could be for a long period of time say two or more quarters. No most likely just for the report; which will look good when released but won't sustain shareholder value. This it could be another ploy to increase pps and further dilution. Just a thought.
They announced they had financing there again is no reason to not divulge the source unless the source is dilution.In which they would delay indefinetly devulging this info if they could but reality gives them until they next financials are released, if in fact they release them and even if they plan to, this can also be delayed further. Another tactic would be to do the so called seel out to another operator who agrees to purchase the company for stock. they company is rolled into the newly formed and dilution startsw over again. Damn, I can't tell you how many time I have seen that one.
I guess we will see; not sure I want to risk it, I have already lost a bunch on this and not sure I won't to see what happens in a week or two, maybe it's my lose and your gain and if thats the case well there is nobody happier then I to congratulate you on your score.
Bullish hammers, tea cup handles.....
Sounds like a little girls tea party with her dolls is being vandalized by her monsterous older brother.
LOL, just my twisted sense of humor.
I have a grandaughter (5 years old) and grandson (2 years old) that live with me and that is how they interact at times. HE IS SUCH A BRUTE and only 2.
Very well said,
now I wasted one of my 15 post without some long multi paragraph discussion of my thoughts and rebuttal to another post.
I agree they have something and I hope your right they soon set the facts straight. Then you can know for sure what they actually have. I am guesing it's not much though.
Thanks Stockholla, I wish you well too.
It's not that I am wanting to be negative in my post just want to get out my opinion so others can think about all angles. I don't care if people stick it out or not, it's their decision.
I have seen the credentials and still am not sold that they are all not slightly exaggerated (everyone does a little exaggeration in their resumes) and since I didn't witness firsthand. I would also like to point out or ask; why they are not running a fortune 500 comapny or at least a well known company if they are so good. there are alot of mid size companies in the industry they could work for and get million dollar salaries to boot. Thats what I would do.
It would be interesting to get some real feedback from people they have actually worked with, wouldn't it.
Well I won't debate the CEO issue with you except to say I disagree.
40 producing wells, hmm? How much do they produce? What is the life expectancy? What condition are the pumps in? Are they actually producing or just able to produce provided resources are put into place to bring things into production?
300 non-producing wells, hmm? New ways to drill, hmm?
If they are non producing, chances are they have run dry or the cost of extracting the remaining oil isn't worth it.
I have been around drilling oil wells and production platforms both offshore and inland since the mid 70's. here is what I know for fact; there are no new ways of drilling these old wells that no longer produce. There is methods of extracting oils left in the ground utilizing the same well pipe and heads but very expensive with minimal return. Someone mentioned directional drilling or maybe it was in the report. Sounds pretty high tech to those who just dump their hard earned cash into pennies hoping to hit the motherlode because of terms that sound exciting yet they have no understanding of what it is. I won't explain takes to much time but you can research online. It really has no place here is the bottom line.
Back to the 40 producing wells; doesn't anyone see a problem here?
Obtain a lease of land with rights that has 300 plus wells and only 40 producing (alleged) and again at what rate?
What your looking at is residual oil in the ground, not oil under pressure; this is why 260 plus wells are no longer producing. They remaining wells producing will go dry soon, they are of the same and in the same oil geophysical area.
Now this is your homework:
Look up steam injection oil wells and other methods of extracting oil out of the ground no longer under pressure. By-the-way; steam is the best method for rate of return.
I hate to say it but if you don't know what is being talked about or more importantly what's not being said, your going to lose your money if your waiting for the rocket to take off with you onboard.
Okay I admit based on the momo I bought 3.8 million shares and expected the interview to generate some more momentum but it didn't so I'm getting out (with a lose). You can place all your trust in this guy if you want but I suggest you look a bit deeper, the information you need to know is out there on the net and forget about the people running the show at these levels they are getting by on very small salaries if any and if they were as good as you think then they wouldn't be here. Look into they drilling aspects of this. The cost. The methods. The return. What you will find out is, it will take millions to start producing for very little return. Ask yourself why the big oil companies aren't in on this if it is so good. Hell they stuck billions into an industry (biodiesel) just to have control and ultimately squash it to protect their interest. This doesn't offer them in value what so ever. Don't kid yourself about big oil and this not being big enough for them. They want to control all the oil and thus the entire world will be at their mercy. So even if it isn't woth it to pull out any residual oil they would still want to own the lease to prevent anyone else from getting at it. But they know the cost involved and they are not worried about some small time operator.
So we have to wait another five years to get back to .0085?
I'm out.
I think if they had been holding for five years; they have relegated this stock into the same pile as all others pieces of "well you know" and thus had forgotten about it. Now that it hit the five year high again they simply missed it because they weren't watching it. Now they too have to wait another five years for it to come around again.
No, not me I'll suffer my lose here and find something that in the same five years actually has the chance to make me untold amounts of gains. Put my hard earned money to work, sorta speak. After all I'm not here to hold for what may happen; I'm here to make money on what I know to be fact.
These people that run these penny stock companies will give you the pot of gold at the end of the rainbow every time and if you hold out for it, eventually you see the pot is empty.
Okay, maybe, but if he is a smart operator, which you have to believe he is to land in this position the he should have ha all the facts or postponed the interview or at least have had someone with him that would have been able to answer the questions and concerns.
I don't know all the answers but I am in an upper managment position and have seen a few CEO's in my time and cannot remember any one of them not being prepared for even the unimaginable.
Give him a break, hmm, not sure I can, he is the CEO for christ sakes. It's not a 500 company as you say; well I say if you don't start acting like it is and operating as if it is; it will never be.
I have read and heard many good things about our CEO but have to say this action does not add up to what I have heard and read.
Someone else had said: he is a field guy an engineer; well maybe he should have stayed in the field and someone more seasoned should have taken the reigns of the company.
Oh well maybe it's just me; I expect to much out of people.
Thats exactly what everyone was saying before the interview and everyone was predicting the same thing; look where it's at now.
It needs news that only dreams and fairy tales are made of and I don't think thats going to happen but in my dreams.
Many are still posting about that interview; well for what it's worth, it was the CEO and he should have been better preparied with answers to anything and everything, but he wasn't. I have never seen a CEO that didn't know everything about the company he was running, gotta make you think. Kind-of makes me think he may not be all that good of a leader and thus the whole Cinderella story on this stock may just take a very long time to develop. I emphasize; "very long".
Just my two cents worth.
All in All:
It's was just a slow FRIDAY during spring break season. All my stock holdings acted pretty much the same and I'm not worried. In fact this entire month I don't think we will see much in any direction.
Don't forget too Iran will eventually play a part in oil prices as that area of the middle east is also unstable and likely to implode.
Interesting except you mention playing gold and silver and this is really an oil play; nonetheless, the same factors in.
FYI; I am in gold and oil and silver and platinum and palladium. I figure I'll cover all the bases.
It must be Friday
WOW; thats all I can say!!!
Guess I won't be retiring anytime soon.
Perfect that gives the market 1.5 plus hours to react before the close. Could be we see a signal as to next weeks pps direction.
Put a stop to the massive artery bleed. WTF
This stock is a flippers dream, you can make a couple hundred per trade a couple times a day.
I have to play Devil's advocate for a moment:
Where is the value in this company?
I know whats been said but where is the proof in the pudding?
I have been through all the filings and to be honest the latest looks almost Identical to one that is 3 years old. I am not seeing any growth or value being added.
Well, I think I'll continue to hold until Monday and see the market reaction and take the time this weekend to evaluate the interview. Not sure if I should flip this a few times or hold, just can't make up my mind on this one.
There have been some interesting theories on my last posts about the interview and the Friday pick to hold it. Man, I hate being on the fence.
Interesting scenarion, I hope your right; it would be a great start to the week.