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If I read the post correctly that one person said he was going into buy 20 million shares hopefully he knows other investors to tell them to tag along with him
All I can get from IR or anything else is maybe a THIRD PARTY paid Ledbed and this is why the company takes no responsibility to say they have PR coming or not, I got a thrashing as if I were FINRA calling or something like that, kept pushing this off on a third person for any responsibility, question is if Ledbed has a few thousand of people who will throw $200 dollars at the offer price therefore $200 times 1,000 people would be $200,000 worth of buying to come?
with all this stock offered they must have paid him with stock, and does he not have to notify the public he is doing a deal on this?
I just signed up for the Ledbed newsletter at his site ledbed.biz, lets see if he sends me a recommendation on this company
If I had $100k to spend, why would I not just buy $100 worth of stock out of the market with the money, unless he is expecting four times the value for the cost
If he has a few thousand followers, then everyone coming at this for $200 or more could work
But when did he send the first blurb to his contacts, this morning, last nite, two days ago, please advise when you got your e-mail from him
was this supposed to be the first day of the Ledbed campaign as the stock has traded over 32 million shares in the last few days
Currently 10 wells on the first lease have been worked over, are producing and scheduled for treatment. The other 8 wells on the first lease have been scheduled for a work over. The company will include ongoing website and press release updates as wells come online and production is improved.
This is 18 wells
I followed thru to web site of Ledbed and there is nothing there on this company ledbed.biz
I am sending out the news release to everyone on my list
We need a better class of buyers this time, HOLD
I do not get it, people buy on anticipation on a news release, they actually buy due to the fact a news release is coming, then they get the news and now they cannot get out fast enough, too many flippers in this deal,prices like these are for people who buy stock and hold the shares for the real market when the revenue has started to come, not in and out everyday, total BS
If the bidds are capable of handling selling of 1.6 million then I would say a few MM's are short this morning and need to buy back, stop giving them the chance and then the stock can go higher
My broker said last nite, offer everything at .006 in the AM and then buy it all back again when the news comes, wow a broker was right
Totally agree, if they put three hundred wells on production at even 2 barrels of oil per day this stock has a tremendous move ahead of them building this asset plus bringing new assets to compliment this
Has the brokerage house "CSTI" ever been caught short on this trading
Too late, breakdown time
On my Level 2 there is 1 million offered to .006 that is a lousy $6,000 worth of stock offered
There is nothing here on the buy side to tell us the news is coming, if they were putting in constant buy tickes of 1 million share at a time, maybe this might be an indication, but 15,000 or 25,000 these are less then a hundred dollars each, my grandmother could do better
Seems everyone waiting, no one buying, 9000 share bid, that is a $47.00 buy ticket, if that is what it takes to move the market we are all in trouble.
Once the million at .0058 is taken out the stock trades in the .007's
I heard this morning news is in the making, seems this is considered bottom, lets see high high the run will be this time, over a penny IMHO
Hey, I am new here, bought a million shares around the .0044 range ten days ago, it seems to me the reason i bought the deal is the new well program the company is going, means revenue, and revenue means higher prices for the stock, as simple as that.