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That’s typically what they do this did have some strength today thought for sure it wouldn’t hold but it did. Btw was watching this Monday and funds didn’t clear and were held up today as well... could have gotten in at .007! Haha always my luck.
I doubt it will go to dollars I think the float is more like 50 mill... they do have convertible notes out and also working on coming to an agreement on debt before they default. They do have some assets and reserves are high. Coming from the oil industry you have to understand lift cost, your LOE and obviously commodity price. Price per MCF is pretty low. Oil is hanging in there in the upper 50’s.
They took out a convertible note in sept for 120k makes me wonder how much money they do have.... they did buy 86 wells in Wyoming. 120k isn’t a lot in the oil business... I work in the Permian basin oil field an acid job workover cost that just for one well. They also raised the AS to 2 billion.
Seems to me they are getting everything in order to be nasdaq compliant.... still sucks I was happy with the .50 cent tap this morning. I will ride this out and see what happens.
Well they offered 55 millions shares at .20 so I’m sure they are selling for a profit but you would think they would hold some for more profit.
I’m going to hold just to see if we get some positive news from this weekend. It’s way under valued.... if your in for the long term I think this is an excellent play. Will it pop next week we will see.
Yes sir looking good!
Yes sir looking good!
Of course I get in and it goes down haha. Looking forward to next week.
I’m down a little as well but I think this does have support in the .07’s and is getting more attention. 2.70 a share sounds nice haha.
It hasn’t been sub penny.... nite is on the ask. They have been doing t trades so I agree but it’s holding its ground right now on low vol.
I think dilution had stopped or thought had stopped.
Yeah I think so. Was wondering if it would come after hrs.
Yeah good thing is it bounced off of .055 .054 twice so maybe there’s some strength there.
Well this looks cooked for today at least....
You played that right! Haha should have waited.
Yep my luck as usual.... still way under valued.
I got in at .109 let’s see what happens!
Yeah I agree.... just thinking people will take profits after a 500% day we will see I’ll be ready!
Nice! Thanks man I’m gonna see if this gaps or dips a little this morning.
So what do you think someone loaded or dilution?
I know I’ve been out for a while.... doesn’t make sense they aren’t selling shares.... seems like a lot of time and money for nothing.
If they ever come with some fillings that thing will fly....
Yeah I’m gonna watch early hopefully get in if it blows up. Way under valued especially if dilution is done.
I dunno usually dilution I know that’s why it’s come from dollar down here. Tons of potential just hard to tell if they are done converting... 8k would be great.
Y’all showing a T trade after hours at .02?
They are in and out they wouldn’t hold anything this long. Looking good guys!
I got in at .203 looking solid now should have waited for the dip.
Where do y’all think this is going today?
Well this shit it’s self right out the gate....
Yeah me too. This answers my questions about t trades everyday.
I’m not being negative just don’t like the T trades I’m back in at .0021.
There’s enough Interest because of the possibilities but I’m sure the TA is gagged.
I agree with that but they have been daily for weeks now.
Pretty sure the daily 4 million t trades are dilution.
Yeah looks like it’s ready for the next leg up.
Got in at .058 let’s see where this goes today.
Aren’t those T trades? I’ve seen one daily for a week. Dilution or buying? 3 to 4 mill a day also during trading.
Yeah it’s about 4 mill a day. Hopefully they update the OS soon.