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Patience wins the race.... We're getting close IMO guys.
Aye. Good support level.
Dividend first, I'm told.
But it's definitely all in the pipeline.
Looked acceptable from my chair. Good buying EOD.
Holding pattern for PR.
Slap it.
Slapped .0209 for 45k... Let's get this .0218 out of the way!
WOW.
Think somebody might know something?
hmmmmm.....
I'll be slapping the .0002 today/tomorrow. Looking forward to seeing this one move soon.
Agreed. And we have reason to believe it's coming soon. Beginning with DIVVY.
I would be pretty shocked if we didn't hear anything this week. If not, WITH OUT A DOUBT 100% next wk.
I normally don't do any sort of predictions when it comes to PRs and timeline... That's how confident I am with this one.
Saw them too. Looking good going into tomorrow guys!
I liked the way today traded too. Didn't gap hard or get ahead of itself. Accum continues to rise, good consolidation occurred mid-day.
Looked healthy from my chair. Tomorrow will be illuminating.
IMO we see continued buying pressure throughout the week. If some form of tangible news drops, we could very well be off to the races.
Ha... company is not just shuffling names....
1) Michael James has 40 years worth of experience... He is also based out West. IMO we are going to see the Company (especially Nations) move MUCH more quickly. No longer are subjects being bounced off China. Time delay alone slowed down progress. Don't have to worry about that anymore.
2) I was told, directly from the source, to expect dividend payout paperwork to be submitted for process in the next week. When this happens, this will be huge for investor confidence. And yes, the PPS will hold up just fine for the next 6 months and beyond. Nations has an achievable long term vision (Many others on this board have confirmed davi payout as well).
3) Ticker change... YES this has been delayed and is the major reason why we saw impatient retail selling last week.. but imo there is a very good reason for the delay. Also have confirmation directly from the source that paperwork is being submitted for process in the very near future. (Also confirmed by other ihub members).
NEXT.
Great close guys!
Here you go bud. Posted last night. GLTU.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101822733
It's fine. Just trying to shake sellers. IMO we're going to be seeing these games until we firmly establish .025 as a new support.
Sooner that happens, less games we'll have to deal with.
Yup. This is what I like to call a HEALTHY move up.
Slow(ish) and steady wins the race!
You and me both bud!
Either way, good stuff coming.
Absolutely.
IMO your prediction may be a bit on the conservative side... A couple big ask slaps and we could see a chase for shares that will have us close around .03 We'll see.....
.025 is a safe bet though. :)
Agreed.
Good chance .03s will at the very least show today. I call a sustained hold and build off .025 a victory!
Absolutely ~TRT~
Appears to me like we may have a big winner here.
Hey guys!
Nothing but smiles here today :) Excited for the week(s) ahead of us. I'll be adding more to my stockpile shortly.
Sorry for the delay on this. RL job needed to take my focus this wkd. Going to give you all a quick summary of my latest findings. I'll do my best to get the full details up here Monday. Here are the highlights:
Overview: I had two conversations Thursday/Friday. One with Casey Forward (ORFG Acct) and another phone conversation with Michael Naumu. Both were VERY encouraging and illuminating. I am HAPPY.
First and foremost was with Casey. A couple of our fellow iHubers mentioned they had reached out to him.... And yes, I can confirm what was posted here is true. The ticker/name change is nearly finished. We could hear a confirmation from the company as early as next week. Casey also mentioned another little tidbit to me.... The DIVIDEND payout paperwork is also in the works and could submitted for process as soon as FRIDAY. This is a BIG DEAL guys.. Many have questioned the legitimacy of this company because of these two holes.
IMO once the Ticker/Name/Divi are processed we'll see a HUGE swell in investor confidence. Look out for ORFG when this happens. ALOT of eyes are waiting on this before taking starter positions. IMO this all happens in the next week or two. And I'll ABSOLUTELY update you all if anything changes, I'll follow up later this wk.
Secondly is with Michael. Overall I was very pleased the conversation. He seemed well put together and my "Bull Shit Meter" wasn't bouncing around. I walked away with comfort that Nations is absolutely 100% NOT a scam as a couple new faces on this forum have suggested... Wish I could have pried the next PR from him, but here are a couple key take-aways none-the-less:
1) Oil Refinery: Company is absolutely still moving forward with this acquisition. Since it wasn't necessarily clear in the PR, he did reveal that this is a Nation's deal, not ORFG corporate. I was happy to hear that he was pretty enthusiastic about this.. He talked about how this is a KEY acquisition in the overall business plan (to become a fully integrated energy company).
2) Nations Land Holdings: Had a discussion about this. I asked why PRs always referenced Nations having land holdings in the Utina Basin - and why we haven't seen any details yet. To sum it up YES Nation's does own the lease holdings to this land already. Secondly, the reason why we haven't had valuations yet (I didn't understand a lot of the science he described behind this... so to summarize) comes down to the supply of petroleum engineers and complexity... With the American oil movement these petroleum engineers are in REALLY high demand and hard to pin down. Beyond that, you have to actually drill into the ground to see what is down there (if I recall Michael called this exploration drilling... and for land as big as ours, that's a lot of VERY deep holes). He said complete valuations take an average of 3 to 5 months.... fortunately we're on the VERY tail-end of that time frame ;) I expect we'll be hearing about this shortly :)
3) ORFG Corporate Transparency: I pressed him on this towards the end of our conversation. He actually seemed a bit frustrated which was comforting... Since Nations Oil & Gas is a wholly owned subsidiary of Bakken, he doesn't have the ability to release PRs on behalf of the mothership. Sounded to me like there is a lot ready to be announced/released behind the scenes. This is entirely speculation, but that's what I took away from his tone/word choice. I also believe that with this new CEO, he won't have to be communicating with the corporate office in China... IMO we're going to see things start to move QUICK in terms of PRs.
Michael also reassured me that 1) Everything mentioned in all PR's the company is absolutely moving forward with (or already has). 2) He has personally requested that ORFG corporate open up a line of communication with shareholders. He's confident ORFG is making arrangements to provide an easier form of contact (e-mail, American phone number, etc) so we can directly communicate with the company rather than wait on pins-and-needles for a PR.
I have some more stuff I'd like to share with you all, but I am pretty pressed for time so I'll leave you with that FOR NOW :) Key take-aways:
1) It appears to me that a number of great PR's will be coming our way over the next 10 trading days
2) Name, ticker, and divi is right around the corner...
3) Michael is a straight shooter and appears to have some news up his sleeves. My guess is once Bakken gets that paperwork processed, we're off to the races with all sorts of acquisition, valuations, etc PRs. He's sharp, knowledgeable, and motivated.
4) Can't speak for you guys, but I'm 100% confident with what I own here, especially after these conversations. I think there is a lot of great stuff coming our way for both the long AND short term investors.
5) Company, up to now, has done things on their own schedule. With this new CEO, I expect more news, faster PRs, and more transparency.
As many of you are aware - I try to stay away from PPS predictions and pumping. Never once threw out there the whole "NEXT WEEK" or ".20 - .30 BY MONTHS END" so hopefully you guys take that into consideration....
I honestly believe we'll be testing 52 week highs in the next two-three weeks.
I'll be selling other stocks to add to my ORFG position tomorrow and throughout the week.
Coming... Sorry for delay. Got absolutely slammed by clients requesting RFPs Friday. Working all wkd getting that in order for Monday/Tues.
Been a fun weekend.... Stay tuned on update.
Agreed. Looking good here.
I'm going to *try* get some more shares under .02 but I have a feeling they will be in short supply
Appreciate that stockticks.
Couple things to keep in mind from a fundamental standpoint:
1) Chart is WAY oversold at current levels. WAY WAY oversold. What we saw this week was impatient retail (Can you really blame them? I sure don't) So at the very least, you're going to see a nice rebound from where we are now. Lots of fresh blood coming in as well as longs scooping up more 'cheapies'
2) Up to this point, we haven't touched the 200ma. This is a good sign overall. And judging by the volume last week - the worst of the storm is over
Couple NON-fundamental things... Now absolutely do what you gotta do... but keep this in mind: coming from a guy that never once said ".30 NEXT WEEK"....
I'm telling you there is a really, really good chance we approach 52 week highs by the fourth week in May. Things coming our way that go beyond chart fundamentals. I'm still confirming the details but if its even 25% true... well, you'll still make a profit my friend.
And my DD isn't coming from 'some guy' on iHub ;)
Take if from a long not on your list...
You're going to regret selling very soon bud.
Absolutely, 100%, no questions....
Oversold right now. Great time for longs to average.... and as much as I HATE it... the chart really is setting up for a decent bounce play.
What are you talking about? No it isn't.
Okay, okay. I'll throw you a bone and hypothetically say the company is diluting... The day-to-day volume here is SO low that it's irrelevant. All volume this week totalled up is in the 600k range. That's ALL the volume.
Secondly, the L2 tells the REAL story. It's been mainly impatient retail selling into the bid this week.
We're WAY oversold right now imo. Even without catalysts we're set up for a rebound back to the .03 range.
When the catylsts come too... well we know what happens then ;)
Smart move bud, seriously.
Yes we will :)
I have watched and learned. Many times.
Company PR is on auto pilot for ticker change. Then things will start rolling really quickly
Agreed. My DD tells me the symbol change is the first domino.
All in the next 30 days IMO:
Symbol Change, Name Change, Divi payout, Oil Refinery, Valuations.
And a new VERY experienced CEO to top it all off. Don't even try to say none of that changes anything.
What? Of course a new symbol changes things.
It really might change everything. Have a hunch the company has been waiting for this to be finished before the flurry starts.
I'm holding and likely adding on Monday.
Gotta scoop up these under .02s QUICK before they're gone
He is basically the accountant for ORFG (corporate, not Nations). Also responsible for filing with the TA.
I talked with him yesterday and can confirm this report.
FAWD UPDATED DD!!!!
Guys - I've been here awhile and I think I can safely say I don't do much pumping. (Sure I'll get excited every once in awhile).
But I have some detailed DD coming this weekend. SOLID INFO from SOLID sources.
I will say this: If you sold this week at these levels... well... that sucks.
I had a similar conversation. Going to try to confirm tomorrow with another.
I considered selling my shares after support broke this AM. HOWEVER, based on today's conversation I am vry happy I didn't. I'll probably add tomorrow going into the weekend. It's that good.