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OK, I will have a look at this, first impressions are there may be some possibilities here. Are there Private Placements available?
I use the Yahoo real time service.
CONGRATS TO ALL Owners and FUTURE owners, that was the ruling you where looking for right there. I have never understood the objections to handguns, but then I live where crime is controlled by the people.
Have a nice day, I know I will.
EOM Please no mail.
That is correct, it's wasn't there for long. I guess some are betting there will be some selling with two days to the deadline of the PXD offer.
yup, imagine that!
Why all the interest in Brazos 39-A ? the trusts interest is only 2.25% and Pioneers interest is only 2.5%. i don't think Pioneer is worried about loss of future income there. How much can the trust even make on sale of that interest???
http://www.equitygroups.com/otcbb/mosh/messages/97099.html
No I just stopped in to stir the pot so to speak, I got over 20 private msgs on it.
Have a nice day. last post.
Trading is boring, have a laugh now and then with it.
yes it is, part the fools from their money and run with it while you can.
I hold no MOSH till it comes in to the entry point @ .125.
I currently an buying SCU, LEI, PBR, EWZ, IFN, PBT, ECA, WB. I trade mostly energy but I also like emerging markets. I jumped on WB because that sector is in a pure panic mode " always buy into mindless panic"
hope that answers your question.
Oh I have no doubt the uninformed will pill on the product and the stock will spike, it's a good trade early in the products life, but it has NO LONG TERM prospects, all "as seen on TV products are defunct after three years. get in get out and move on.
GLTA last post.
That is market hype, not science. sorry. show me a study from consumer reports or UL and I will get off it.
the product looks like a scam to me , no wonder it is .02. The science is less them marginal on this, it'll soon die.
Happy trading.
The nice thing about living in Texas, is we depend on the concealed carry rules to keep the peace. I prefer the Colt peacemaker, my wife however likes the Walther 9mm, for it's light weight.
SCU, LEI looking to bottom here, do your own DD.
Disclaimer, I am long both these stocks and they are a substantial part of my discretionary portfolio.
With all the new action in Fayetteville, and the large area SCU has in THE PBR I see impact as minimal.
Looks like we have bottomed out here. been around this level for 3 days now, that good enough for me. Buying....Do your own DD, long SCU, two years and 17 buys.
Happy Trading
you know who I am if you visit Yahoo SCU board.
Last sale .25, current bid .25, days trading range .25 - .25. Current technicals indicate this a a possible high entry point here, with stops @ .21 and .19. Longshot entry is still indicated starting @ .15 down to .10. technicals are only accurate about 54% of the time so do your own DD.
Happy trading.
A sale at public auction would clean that mystery up quite nicely, but if it happens, I won't get my stock. looks like we are stuck between a rock and the trustees decision as to whether or not to accept PXD's offer. We should know by Monday at the latest, offer expires Saturday. If it fails, we have to wait until July to see if the sale can be forced. Two key dates, one Key question (valuation), Oh the humanity of it all, how can anyone stand the waiting.
Good morning, can we break .25 to the downside this morning, hope so......
happy trading, alot of companies report this am. Will it be good or bad, you know my feeling.
Item one: says Pioneer WILL sell THE assets of the partnership. THE assets, not part, or some, THE ,that's Pioneers and MOSH.
Item 2 pioneer Will sell it's interest (That means pioneers)in the brazos 39 a well. IN THE SAME AUCTION Pioneer sells the Assets ( that means all) of the partnership. That means MOSH MOSH IS PART of the partnership. June 30th. is still a week away. I see no point there. I bet right here right now, that the Trustee accepts these terms in writing! mark it.
here is the Document Ron. someone repost he may have me on ignore.
http://www.businesswire.com/portal/binary/com.epicentric.contentmanagement.servlet.ContentDeliveryServlet/cnn_support/Mesa_Offshore_Settlement/13a%20Pioneer%20Trust%20liquidation%20proposal05-30-08.pdf
Ca$h had posted a link awhile back about the pxd. offer in msg 9771.
well if they sell and no longer have control over the well, The numbers must check out then huh. You think they are stupid enough to sell and get caught on purpose? And yet there it is, they are putting them right out there for open inspection. Hmmmmmmmm. you don't think there is even a remote possibility that the numbers they give out are true???? What a twist eh??
We all set different rules and discipline levels for ourselves when we trade, this is just one of many plays I make weekly, sometimes daily, I put more priority on entry and exit points, I f I miss a trade big deal, there are hundreds of fish on my radar, its JUST a trade..., not a life changing decision or a cause.
I have orders in place, a tickle @.15 and little squeeze @ .13 and the big grab @ .125! I do know how to stack limit orders when trying to accumulate you know. I picked .12 based on the trading history of the stock, It is generally a good to fair indicator when no fundamentals drive the price.
Because if she does that and MOSH loses, ( and she has to consider that) then there will be even MORE DEBT then we have currently. The trust is broke, she may not be willing (or able) to damage it further. She has to consider the "Current" situation for unit holders, not what might be.
It will be a "Public Auction" and funds will go between two "public" Companies. of course there will full disclosure of the sale price. I don't understand.
The trust is a JPM account!, the Trustee was picked by JPM to run it. so of course the is "collusion" there. When we are talking about the Trustee and JPM we are talking practically about the SAME ENTITY whose job it is to watch FINANCIALLY over the account. Just as it is PXD's job to look operationally over the trusts physical interests.
Could be! Looks like more common ground!
Ron I AGREE with most of that, can you believe that? I think PXD has answered the trial question though by bringing it his far. They have a history of taking it all the way.
No problem, you know of course some will not believe me. I HAVE NO UNITS of MOSH at THIS TIME. I have stated repeatedly that I am waiting for the entry point I have set for myself, It is alway POSSIBLE that it MAY NEVER OCCUR. So I really have nothing to loose by posting people should look at the whole issue, not just the warm and fuzzy side, at this time.
Hope that is what you were after. When I first came to the board it was to bash, but after awhile, I saw that to be useless for most holders and daily posters here, and decided instead to just try and add the balance that seemed to missing in hopes of getting as complete a picture as possible as this thing evolves. On a subconscious level it's probably my way of trying to talk myself outta this deal, I have not taken a real gamble with no supporting fundamentals in a good long time. Once I decide to commit to a trade, I go from bash (or Pump) mode to trying to gather as much intel as possible, of course there are those who decide early if you bash then you are always and irrevocably, a liar, Ah well, you can't tell people how to think, you can only try and change their mind. I really do think this is a very tough nut to crack, so I want to spend as little as possible for the 10k shares I plan to buy.
One more thing on this subject. I agree everyone will have experts, accountants, etc etc. But it is going into a court of law, it will all be interpreted, buy a judge, and possibly a jury, if thee is one here, that haven't really got a clue about the industry. So while we all think our side is right, the issue will be decided by those little snippets here and there that make sense, right or wrong data will most likely have little to do with it. Most folks will buy the best looking package and never really understand the label. Yin and yang, two sides to every argument, For every action there is an equal an opposite reaction, etc. etc. So a technical trial like this is just a big crap shoot. I wouldn't count on the outcome being decided by "experts", more likely it will be which side provides the best entertainment value.
Thats my opinion anyway.
Thanks for pointing that out. What your describing is call "Massaging the numbers", it was one of Enron's favorite tactics, there goes the credibility of that company. So how many years of research would a project like that take? What would be the labor costs associated with that ? Just how do you "untaint" ,"allegedly" tainted numbers without full access to PXD's books?
I bet the costs run into 7 figures and the results are then speculative at best. Then of course you would have to prove with all that, that KPMG's certification is NOT credible. http://www.kpmg.com/Global/Pages/default.aspx Everyone will have experts, the credibility will most likely lean towards who is most familiar with the data. The trick here is proving the conspiracy. It's is alleged PXD management is a fault, but all this data was generated by dozens, if not hundreds of people, were they ALL involved? Did they all conspire together to fool us? If not , why are they not complaining about threats to keep silent? Are all the geologists, accountants, project managers, office managers who worked on this NOT Credible? Seems like a mountain to overcome, with a few days work by a group unfamiliar with how it all played out in the first place. There are very few groups or people that can come in after the party and run with it, and still reach the right conclusion, and I am ONE of THEM. And it's NOT CHEAP.
Vader you are a worthy opponent, keep it up. have fun.
Nope, doesn't work. PXD is trying to sell the ENTIRE property, not just the trusts share, PXD will no longer own , operate, or have any connection to the property whatsoever after the sale.
PXD has offered to pay those costs. there is a link in post 9724 by CA$H were you can read the whole document.
You have a point, MOSH will bring an expert who will say, "look here there is a ton of recoverable gas here" And PXD will counter with their own guy who will say "Look here there is recoverable gas here but using this method, maybe not so much" And then they will get into, if there was gas there why didn't PXD drill it, and PXD might say, we had several projects in the pipe at that time and had to choose priorities due to resource, available rig, and labor restraints, and the MOSH team might say, but our business was going to suffer if we aren't first, and PXD might say, someones business might suffer elsewhere if we drilled for you first. And on and on and on, expert and counter expert. We all think we know what the offense here is thinking, but what about the defense?, what are the possible land mines here? We should not assume they will roll over and die or that they are stupid, that is not the case. Once we have discussed the whole picture, we will have the real odds here. I made a successful project management career here by figuring out all the trouble that might occur on a JOB before it happened and then proceeding. I still have a successful career as a construction consultant, by figuring out how to fix jobs already under way because some Young pup in the management seat FAILED to do that for HIS project.
"never under estimate the enemy"
I would suggest looking up and reading "The ART of War" If trading is future career choice. Thats a suggestion for all not a Zing.
I gets even more twisted then that. Consider this, a federal judge has to rule on the the LAW and the evidence. I think the court will pretty much be stuck with the numbers PXD provides. UNLESS Mosh holdings LLP takes years of data out there now and gets independent experts to reinterpret the data, and re certify these numbers, complete with new versions of what financial statements and production numbers should have been. But it took PXD years to produce the original documents, does anyone have any Idea of the resources and time necessary to do that, the sheer amount of man hours involved in questioning people who were there years ago, not to mention locating them all, after all this time. It's staggering! So what will happen here? MOSH HOLDING LLP will say we were cheated but what direct evidence are they going to use to counter all this data from PXD and JPM??
Man it looks so simple on the surface, but when one starts digging and asking questions as to how they might really pull it off, it gets complicated awfully fast. This is going to end up a he said she said finger pointing slugfest., If they sold ticket to the trial I would buy one.
This is easy, you may have to copy this to Ron , I think I am on ignore there. If PXD is successful here they have half the case in the bag, they can then say "we all agree now that the trust should have been terminated years ago, so why does it matter what was in the ground?, It wouldn't have been developed in time to save the trust, so we made other projects a priority " or something along that line of thinking. Thats' what I think it's about any way.
this is not my argument, just what I think the angle might be, I am interested in what ya'all come up with though.
Let the games begin
Looks like trading will remain flat throughout the day.
That is a very interesting question. What a twist it would be in the whole case, I wounder if they might also consider suing MOSH HOLDINGS LLP as well for expenses incurred over the two extra years it has taken to shut it down. I guess we will know soon.
Good luck to us all.