Buying all cheap stocks
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That support looks like it’s been tested
$AGYP
Expecting .31 to .33 consolidation is about to get completed. Time to move up soon.
$AGYP
Once we pass the resistance at 0.37, $AGYP could move back up at ease
I'd say this is a loading zone
You bet buddy! Glad I could return the favor on all this stellar penny runners potential
ICYMI, here's $AGYP article out in the morning >> Allied Energy Corp. (OTCMKTS: AGYP) Sees 600+ Point Market Dip; AGYP Investors Analyze It As ‘Loading’ Opportunity
Allied Energy Corp. (OTCMKTS: AGYP) stock hit $32.50, off 16.6% in average volume, in an overall market decline of 600+ points. The market dropped 1.8% due to factors unrelated to AGYP, such as China real estate debt, but AGYP long holders saw the market decline as an opportunity to ‘load’ more AGYP shares. AGYP announced great news as it began producing oil and began production at its Green Lease Site last week. It is near production in wells at its Annie Gilmer site, both in Texas. AGYP tweets documented the progress. So a larger market dip was over ridden by a longer term view of AGYP’s prospects by shareholders.
Higher prices and shortages in global energy play to AGYP’s favor as the Company begins domestic oil production, shipped from American soil, and free of global politics. While Russia last night refuses to ship more natural gas, resulting in a 10% spike in European prices and oil prices recently jumped to a six week high, oil prices held high last evening: WTI Crude hit $70.29 and Brent Crude settled at $74.07. Shortages and high prices in oil energy is in AGYP’s sweet spot as it begins its own domestic production.
AGYP long term prospects are growing stronger as global energy — specifically in natural gas — is being hit with a double whammy — a doubling of prices in a six month period and shortages to boot. AGYP’s oil from its Green Lease Site and Annie Gilmer Site are welcome within the United States in the face of trending energy news.
Natural gas is now trading at its highest levels since 2014 and are up 121% YTD, according to an article on oilprice.com So as Europe bet on green energy — windmills and solar — petrochemicals are providing the brunt of trying to meet demand. Prices are high and production is short.
Shorts were already scrambling to cover AGYP positions last week. On Thursday 9/16/2021 shorts represented 60.30 % of all volume —- and Friday, 9/17/2021, shorts accounted for 46.65%. A short squeeze is already developing.
A new report by the company details its progress on the wells at the Green Lease Site at the Green Lease Site: Well M-1 and Well X-3. plus Annie Gilmer Site wells. George Montieth, CEO, said, “Allied is now on the cusp of becoming a producing oil company.
AGYP’s July 18th analysis by a petroleum engineer study on their Proved, Possible and Probable reserves found that the Green Lease reserves are as follows:
Proved: $2,026,500
Probable: $5,781,300
Possible: $12,755,300
TOTAL: $20,563,100
At the Annie Gilmore site, the engineer found:
Proved: $6,704,900
Probable and Possible: $5,489,900
TOTAL: $12,194,800
Remember, these dollar totals are from a petrol engineer’s report for only two of AGYP’s well sites. And they are at much cheaper than current market prices.
In its Q2 OTC filing, AGYP moved all of its free cash flow for investing activities — or $224,563 — back into re-investment into its oil and gas properties. The impact of AGYP’s two supplemental filings on oil reserves with the OTC is making itself felt in steadily rising prices for the stock — as oil and gas reserves at the well sites have been documented. Links to more news are at https://alliedengycorp.com/ and https://twitter.com/AlliedEnergyCo1
0.40's at close?
$AGYP
Agreed. Hoping more of buyings accumulating big here
$SSET
I hope so..
IMO, I feel Starstream about to unleash the beast!
$SSET
Very nice recap! $AGYP is growing... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166005050
I do like she moves slow and steady before the big kaboom
$AGYP
In the long term DOLLARS for sure.
$AGYP
$AGYP holds solid catalysts!!
$AGYP New WriteUp here >> Allied Energy Corp. (OTCMKTS: AGYP) Sees 600+ Point Market Dip; AGYP Investors Analyze It As ‘Loading’ Opportunity
https://topnewsguide.com/2021/09/21/allied-energy-corp-otcmkts-agyp-sees-600-point-market-dip-agyp-investors-analyze-it-as-loading-opportunity/
Definitely agree bounce is imminent from these levels!
$AGYP
These guys are real.. Such a great company, very very rare opportunity to say the least. Feel blessed to be here.
$AGYP
$AGYP price history show how this stock has been gradually climbing back up
https://www.barchart.com/stocks/quotes/AGYP/price-history/historical
AND... $AGYP has been making a good progress regarding their work
Some nice buys just hit $MJLB
Everyone should read this over their heads >>
Yep, oversold chart. Hold'em tight for the POP. It's coming!
Those folks who sold will regret not buying in again.
$GSFI
interesting comment from $AGYP CEO : “Allied is now on the cusp of becoming a producing oil company. I’m proud of the determination of the entire team. After pumping down the water we will have fairly accurate barrels per day numbers and look forward to releasing these statistics. Allied has the skilled manpower, correct leases, and friendly non-dilutive funding to achieve what we set out to do and look forward to continued growth.”
$AGYP has successfully reworked M-1 and X-3 Wells. You can watch video of the wells in action on their Twitter page: https://twitter.com/AlliedEnergyCo1
$AGYP Solid Momentum > 1 PR yesterday + 1 Morning Article >>
SEPT 16 $AGYP PR :
https://www.globenewswire.com/news-release/2021/09/16/2298606/0/en/Allied-Energy-Corporation-Achieves-Oil-Production-At-Green-Lease-Site.html
SEPT 17 $AGYP Article:
https://topnewsguide.com/2021/09/17/allied-energy-corp-otcmktsagyp-announces-major-oil-production-news/
The DD is looking great here $GSFI >>
** https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165944099
** https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165944513
Much work also completed to bring the Wells to production, such as :
** Tank batteries were repaired and alterations were made to accept high volumes of fluids from the Well reworks.
** New Tubing, rods, and pumps installed. Wells were acidized to increase fluid entry to wellbore.
** A 160 long stroke pumping unit was installed and wells readied for production.
** Saltwater disposal pumps were installed and everything is fully operational.
$AGYP
Folks, Here's interesting thing written on today's PR : The Company has successfully reworked Well M-1 and Well X-3 located at the Green Lease Site in Baylor County Texas. The two Wells are fully online and due to the design of the project, it may take some time of pumping to obtain desired production results. Very common on high water production projects.
https://newsfilter.io/articles/allied-energy-corporation-achieves-oil-production-at-green-lease-site-369f366d855070c9ab922cd1d53e1671
$AGYP
Buys outpacing Sells here AGYP
https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
This is good to be highlighted from the article : As energy shortages and market instability combine to drive and keep gas and oil prices high, AGYP is Tweeting significant progress on its wells. Last week, AGYP Tweeted regarding its oil pumping on Wells 1 and 2 on its Green Lease site. Again, photo and video evidence documented the report.
$AGYP
Never ending catalyst!! Company very lucky having the promising well sites which are Green Lease Site and Annie Gilmer Site.
$AGYP
Longs know what they own here. I cant wait until everything is up and running.
$AGYP
$AGYP has many catalysts here.. Time to dig deep your DD >> Allied Energy Corp (OTCMKTS:AGYP) Among Top Performers in Hot Oil Sector
https://topnewsguide.com/2021/09/15/allied-energy-corp-otcmktsagyp-among-top-performers-in-hot-oil-sector/
Big dip & rip setting up here. Hold'em tight!
$AGYP
Nice loading at 0.0577
https://ih.advfn.com/stock-market/USOTC/ultrack-systems-pk-MJLB/trades
I think this stock will hit back 0.10 land in fairly short order.
$MJLB
Buy LOW, sell HIGH. Follow the money! Simple things to do!
I think she will cross over 0.06 from here
$MJLB