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This thing has held .0136 pretty nicely today. Fingers crossed some afternoon volume will push us a little higher or at least I hope we can maintain this level through the close into the three day weekend.
I'm impressed with how tightly its being held. I've been sitting on the bid for about 45 minutes to accumulate a few more shares for an upcoming run and haven't got a single one.
"the Company has entered into purchase negotiations with multiple working interest participants for their ownerships in certain Oklahoma oil field assets."
Can't wait to hear how this is progressing.
Thanks DG
.0136 x .0143 - Let's fill in that wick!
I accidentally saved over my annotations so I had to redo it.
Link below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45548033
Sorry about that!
No problem. I think this is a real gem.
Nitro Share Structure
Outstanding Shares: 101,249,156
Restricted Shares: 1,806,054
NTRO is looking nice!
NTRO breaking out.
Link back to chart
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45529597
NTRO breaking out.
Link back to chart
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45529597
NTRO breaking out.
Link back to chart
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45529597
Some nice volume coming in here now. Chart is testing the upper BB and the 50 day MA. If we break these we could fly.
These shares are tight... I've had a sizable order out for about 20 minutes and have only been able to pick up 10k shares.
Adding this on any dips in the AM. NTRO is primed for a nice little run.
Add a little volume here and this could easily go past .02
NTRO looks like a solid play here in the short term.
Well if you look at the news on the site here it looks like they amended their articles of incorporation. Here is an excerpt:
The purpose of this information statement is to inform you that on December 3, 2009, the Board of Directors (the “ Board of Directors ”) of Bonanza Oil & Gas, Inc. (the “ Company ”) approved and recommended that the Company’s charter be amended (i) that the Company’s Articles of Incorporation be amended to increase the Company’s authorized shares of common stock to1,500,000,000 shares from 60,000,000 which will be increased to 120,000,000 shares on January 20,2010 (the effective date of a planned forward split)
So it looks like they did plan on splitting on the 20th, but I just find it odd that they didn't do anything further in the way of putting the word out there. Yesterday a board member called the TA and they had no idea about the split...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45446463
I'm still in this stock, but I'll be intrigued to see what sort of information is disseminated over the next 72 business hours.
Additionally, I'd love to know when they plan on dumping in upwards of 1+ billion shares on their shareholders. Ouch.
From the 8k on December 4th... "pursuant to Nevada corporation law, has approved a forward split of the outstanding and authorized securities on a 2:1 basis. The Company intends to submit all required paperwork to FINRA in order to implement the forward split."
Has there ever been notice that they went from "intending" to submit paper work to actually having submitted paperwork? I am having a hard time finding something concrete.
We need to get some volume here.
Good. I've refreshed my window a dozen times and Pert's still there. I was getting worried about him. ha
Does anybody else here use Ihub L2? Is Pert dead? He's been at .045 on the ask pretty much all morning... Doesn't matter if it's above, at or below the bid.
(double post)
Come on DG it's only snowed like 3 inches since noon, and there have only been like 4 wrecks outside my office today...
It's not that bad.
Deal finalized in first two weeks of Jan '10. Not finalized "due to the Christmas season"
Interested to see what Zimmerman has to contribute to this call. Should be insightful perhaps as to how much he may or may not be involved with grbg.
It's whomever is accumulating shares at the bid. We haven't had someone buy at the ask in over an hour. 1,341,053 shares have been exchanged at the bid since 10:24... most of our volume for the day so of course it's going down.
Gotta run. Thanks to whomever keeps painting the ask with those 100 share buys! Let's try to keep this at least at .01.
Have a good weekend all.
Who's got some powder left to take out those .01?
I'd love to see it.
However, GRBG had a lot of volume in the .013-.015 range. The longer those bag holders see flat trading more apt they will be to dump if this gets to say .02. It will be a battle to reach .03 but it's possible.
It will all come down to volume, volume will be dictated by how positive any news may be. I don't see this thing running because of Wowgreen distributors joining the party.
Correction: with the December 1 outstanding shares of around 592 million a pps of $.013 (earlier this week) would yield a $7.69 million market cap.
I would have to agree with you. That would be an amazing one week run and some moderate consolidation would be in order much like we've seen from this first leg.
With a solid positive PR this could easily hit .02-.03 by mid next week. IMO
The PR said 10 days not 10 business days so that means we should hear something for sure by next Thursday.
As far as speculative buying goes there is no better time to get in then now. You would have to assume we'll see a PR sometime early next week if not Monday regarding the details of the deal.
I guess it's better to get the weak hands out now before any kind of potential run.
And here we go back down again...