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anyone know what the float is here? seems to be pretty tight..
My honest thoughts are these. I was a holder of this stock but sold out about 2 weeks ago at .75 but have been watching intently since. My knowledge of the oil and gas industry is slim to none. However I do consider myself to be pretty savvy at trading stocks. With that being said I know there are many posters on here who are very knowledgeable, and have done plenty of dd before they invested. This stock to me just throws red flags because of the fact that you dont see any large buying pressure which you should absolutely see with all the people involved in testing and in the company that should see all the positive signs of the testing results and operations. With such a potentially huge find, why isnt the price skyrocketing right now? Instead the ceo resigns and the pps and momentum is weakening? That just really scares me, as Ive been burned before by stocks that I had so much conviction in. Again I wish you all the best I just really hope it works out well for you! But I urge you to be cautious..
yessir should be a good day!
getting good consolidation right now, once these .07's are gone it should really start moving. Getting very good bid support
like i was saying, im waving and buying! do you see me? LOL
thats what i was getting at, i share your view
anything is possible
well thats a strong statement, if everyone knew this was going to .20 for a fact the bid would be alot higher right now. Im not being a pessimist I will be investing today, im just cautioning everyone not to get caught in the race at the open as there will be better buying opportunities throughout the day thats all. imo dont have to take my advice.
I wish you the best! I hope you are correct!
I agree, I would just assume that if Nicks health were the issue that they would include that in the press release. As it would clear up the reasoning behind the move thus being in the companies and shareholders best interest.
good for you buy them all up at .08 and ill wave high when i get them at 10:00 for .065 again lol
I hope that is the case, however thats a very optomistic approach..
imo i wouldnt buy into the open, u will get a better deal around 10:00 am after the bidding war stops and traders take there quick profits
I believe the company is still in good hands but, believe this will not bode well for the share price as it creates more speculation. Why would a ceo resign if there is so much in the pipeline? Is it to sell out of his position? Does he know something we dont want to know? Not saying that this is the case but it certainly does put a dark cloud over the company imo.
GLER ready for big bounce after panic selloff
the lows keep getting higher and eventually, i believe this next run up will cross our hod and then its off to the races again. The new low after the next run im guessing will be around our hod at .0365. we will get heavy trading once this happens and should set up the next lift off! imo
man looking at how strong were still pouring it on i think i was being a bit conservative with my .042 to .045 close i think i want to change my answer to .052 final answer
im predicting a close of .042-.045 and another run to .06 or better come monday. that is just my opinion of course
I agree, this so far is trading exactly like it did yesterday, a period of consolidation and then once all the available shares are sold at these prices KAAAABOOOOM into the close. imo
i cant wait till monday so i can post the same message lol
you said it man, i bought the heck out of this at the open on the dip
i absolutely agree, its rare to find one with this much power! it just keeps trading hands from the weaker to stronger hands. pretty soon this float is going to be tighter than ever!
gler trading with so much strength i expect this to continue for a couple of days.. i just keep buying the dips and watch it grow, i love when i find a gem like this!
looking like a minor sell off at the open
lol well im glad we sorted that out
jorge im not arguing the fact that you need a low float to have huge increases over night. I completely agree with you in that regard. However this debate started because you said that it could never run up with OUTSTANDING shares being 191 million and i simply said you are wrong. This started last night when i pointed out that there are 191 million shares when you were claiming there was only 9 and that there was nooo way that the price could jump up on that many o/s.
Sorry I wasn't pumping the heck out of it like everyone else on here! If I was I know I would've never been scrutinized as tide has already displayed
Let's get this straight 1. I was not the one who provided the link, that would be jorge. 2. Why did you fail to mention anything about your buddy's pps target of 4 to 6$ which he created by turning the amount of processed metals into 100 percent earnings LOL! 3. I never argued there was a small float and am completely aware of what it means! LOL forgive me! 4. This is for Jorge because he's too lazy to look for himself, check out behl! Way more shares and ran up way more! Ouch! 5. Jorge what don't I get, did u forget that u were the one saying the outstanding shares was 9 million?? Yeah your right I don't get a lot of things but the stock market is not one of them.. Good trading everyone!
Hey, believe what you want, but all my numbers add up, and you are just speculating hoping they arent..It says it in youre own link and you dont want to except it. I understand that it probably does have a low float, but dont get the outstanding # of shares confused with restricetd. I said nothing about restricted shares. Thats 191.46 outstanding. I garauntee whatever site or broker youre looking at is not up to date with the 21 to 1 split. Anyhow, like you said it doesnt really matter. The stock is doing great and thats enough for some people to buy more. As far as giving you examples, I dont record every penny stock that runs up 100% in a day but if you put forth very little effort you will find them. Thats the beauty of penny stocks, the increases come quick and often, but so do the drops...
With the price per share right now, this company is being valued at 115 million! Thats insane! The price to earnings ratio is 1,184! That is about 1,170 times more than the average company on the market lol, quite a premium.. Im not saying this to be harmful or a pessimist, but im selling first thing tomorrow morning as I now have had time to do the research after riding the obvious momentum this had today. Take your profits guys and gals! Atleast take your investment off the table and let the profits ride! Dont be like I once was and hold so long that you lose everything you gained... Goodluck to you all!
Exactly as I thought, if you look at the link you sent, below the o/s count (as of nov.10) where it says security notes: you will see that as of 12-14-2010 that there was a 21 for 1 split increasing the share structure to the 191 million which I already mentioned. You do NOT have to trade 200m in order to climb 200%,thats absurd to believe.
im sorry but i think youre being a little over the top with your prediction..I hope youre right for our sake, but I see a higher open followed by some profit taking. Everyone who bought yesterday already doubled there money! Thats enough to entice people to sell. I do however think that it will be short lived and back off to the races around .45 cents.
RAPT said that they processed $25,000 of metals.. Not that they earned that much for doing so. Also I would like to point out that the company is showing 191.46 million shares outstanding not 9 million? Maybe my broker is not showing the correct number, can anyone elaborate?
I hate to say it but there's no showing of strength in this stock right now. I had to jump out at .75 yesterday. Patience may lose u more money... I hope I am wrong and wish u all the best of luck. I'll be watching from the sidelines.
whats the deal? i love a good deal!
I agree, im looking forward to Mondays open! Hoping this price sticks around long enough so that I can load up on some more. My deposit into my account will finally be settled by then.
and this is the man snatching up all these shares! Makes me feel even better about my investment!
it seems like mnlu and aexp were being controlled to stay within a desired range today. aexp was solid 18-19pps all day and nobl was bidding mnlu 81.5 and selling 83.5 for most of the day... is it possible the pps is being held in this range for the merger. Making sure the companies are exchanging apples to apples?
yup time to load up again! why pay .95 earlier and not buy up these .80's! its still the same stock!
Great news ecomike! Thanks for sharing!