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Rig seem like the old spead and no show shizle so tey can just pair off trades and keep ou out I got a big bid at .01 and will sell my PBLS if I get hit, which i wont, and yes that is me at .06 just flip flopping untill i hear a reason to stay loger
RIG Made a couple K today and now I am long, any news?????
I got 200k @ .013 with Night, trading around a core position
thats red room, looking to open higher .014 bid at .0145 same thing happned yesterday b/f the open.
Blitz I used to work in the Read Room in the booth right at the front month Intel, what product did u trade?
i trying to get .012 now no luck
double check with your friend I am not hearing anything.
some pre mkt prints going up here at .011 and .0115
with Iran, venezuala being bad right now is not the time to sell PBLS anything domestic oil could pop big time. oh yah oil moving up and Kidnapping of Americans in Nigera.
oil 53.75 we should be higher
what is the size of the offer at .011?
looking like we have a large buyer buying every day
oil over 53
I think the AIM is more likely oil up pre open
DJ if congress forces oil royalty deal it could hit output.
so what does thois mean for PBLS. what are our contracts with th eus gov 1 and 2 it will drive the price of oil up that would be good for us.
oil close on a high and nat gas on a low ,,,interesting,,,
what is a larger part of pbls nat gas or oil?
oil is holding I think this is a bottem, the cold snap will draw down nat gas inv and lift oil prices, if their is a corlation w/ oil i say it is a buy.
I must say the stock has found quite a few buyers today and I am quite impressed. This is confirming the the new levels.
cut me back to 1 mil
I may have just given away some big potential but sticking by my trading rules. some times you have to make bad sales. still long 1 mil
not true i think that would be quite logical. I would perfer to take PBLS private look under the hood and see what we got. I just found a new broker http://www.just2trade.com/ $2.5 per trade for the pinks, looking for a nice close
looking for a ralley at the end of the day, can we post the holders on the page and be able to update on fridays after the close. that would be nice, most are he shit or bust take it private we get a good look and go from their at least it will end the speculation.
i say we proxy and take it private
setting up for a Firday run!
i normally hold 2 and flip 1
do they have a grace period to file that? and can they off set assets with debt to avoid fieling?
they dont have to file they are a pink
thats a nice link
he is correct look at GE or berkshire, wlt just spunn off mwa so yess more offten than not a spinnoff wil unlock value. I think people are missing the point on this one isnt the oil and gas the cash cow!
i think he is long some preferred shares and short common as a hedge! but thats just a guess. my concern is if we don't get something real substantial we will have selling pressure because a lot of people are at break even! but regardless we should be at .03 the buy back price!!
i think we should be trading at .03 for a start do we agree on that?
NET INCOME 10% OF GROSS REVENUE = .025 per share net
"pretax revenues of Phoenix could reach 10% of gross revenues” was a typo (SEP 26 PR) should be something like (Net Income before taxes could reach 10% of gross revenues.) I checked it with Mike Mulshine and he confirmed it.
so 206000000/815000000=.25
.25*.1=.025
.025*.62(38%tax rate)=.01567
what the share price should be? Well at least .03 the buy back price 2x 2006 Net Income
once the form 10 is filed we can have a multiple premium untill then it is all speculation. That being said we are whay too cheep. the company bought stock back at 2x 2006 Net Income. We are now at 1x and that was for last year, WE ARE IN 2007 NOW.
this is from the sep 26 PR.
this is my gestimate.
MrP that is my point they mean net income
exactley pretax rev thats not a metric
re read my post more closley!!!!!!!!!!
NET INCOME 10% OF GROSS REVENUE = .025 per sharenet
pretax revenues of Phoenix could reach 10% of gross revenues.” was a typo should be something like (Net Income before taxes could reach 10% of gross revenues.) I checked it with Mike Mulshine and he confirmed it.
so 206000000/815000000=.25
.25*.1=.025
.025*.62(38%tax rate)=.01567
what the share price should be? Well at least .03 the buy back price 2x 2006
once the form 10 is filed we can have a multiple not untill then because it is all speculation. That being said we are whay too cheep. the company bought stock back at 2x. we are now at 1 and that was for last year WE ARE IN 2007 NOW.
this is from the sep 26 news flash.
this is my gestimate.
NET INCOME 10% OF GROSS REVENUE = .025 per sharenet
pretax revenues of Phoenix could reach 10% of gross revenues.” was a typo should be something like (Net Income before taxes could reach 10% of gross revenues.) I checked it with Mike Mulshine and he confirmed it.
so 206000000/815000000=.25
.25*.1=.025
.025*.62(38%tax rate)=.01567
what the share price should be? Well at least .03 the buy back price 2x 2006
once the form 10 is filed we can have a multiple not untill then because it is all speculation. That being said we are whay too cheep. the company bought stock back at 2x. we are now at 1 and that was for last year WE ARE IN 2007 NOW.
this is from the sep 26 news flash.
this is my gestimate.
to be frank I didnt think I was going to get that back today, when i flip and make a bad sale I dont care; I cant read the future so I have a core holding that I am long and trade around it. luckey me and and luckey us when we see .03
jst bought my 20% back nice flip
had to sell some just in case we go back to .012 still long up 20% i sold 20%
buying back small @ .011
offering 200k @ .0115
TEDWITT does PBLS have any contacts with EPL!