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Enertec
You asked my opinion of "Strong Hands" IMHO strong hands are those investors who are here for the long run. They see the potential, have read the PR's and reports, listened to Billy's comments and made a conscious decision to get on board. I consider myself in that category even though I don't jump up and down and do appear to be negative at times. It's not really negativity it's just an attempt to keep things fair and balanced.
I am very bullish on the stock and it's potential.
Although the market shows that CAVR is down .005 we can look to our discussion yesterday that the real close was the 149,000 shares at .054 and not the 800 share last minute buy at .06. That would say that on 270,000 shares today CAVR is really up .001 at this moment. Of course stating that the real close yesterday was that 149,000 shares block is my opinion only.
todaybiran, I agree with you, never did disagree with the potential and the great news in the PR. The only thing I stated, that was fact, is we do not know for sure that this well, or any of the other wells can produce for a year. I would assume, as you and others have already stated, that they will be producing at least 24 BPD and probably a lot more and for far more than 1 year...but, I don't know that for a fact.
Enertec, agree with you 100%, that being said we still don't know if this can produce at 24 barrel a day for 365 days, nor do we know what price CAVU will be getting for the oil, which is my whole point about the post claiming $876,000 with the qualifying IMO.
I agree that they have certainly taken into consideration all the things you have mentioned and it is reasonable to assume that the life of the well will be more than a few months (but we don't know that as fact). Good response, thanks
todaybrian: Level 2 shows 75K sells 50K buys.
Kgem, I did not refute anything in the PR: Here's my post again. Any investor in a pink sheet penny oil stock should want to know what I have asked you.
First, you did not answer why you thought that pumpers get the futures price for their oil.
Secondly we have no idea what quality oil they are pumping..it does make a difference.
Thirdly we have no idea if this well will be able to product 24 BPD 365 days per year, as you posted.
If you read the TOS policies it says that contrary views are welcome on ihub. My post was not even contrary it simply asked intelligent investor questions and questioned your statement about yearly income from this well.
Kgem, just curious why you think that pumpers get $100 per barrel just becuase the futures are at $100 per barrel? Also we have no idea the quality of the oil (light, medium, heavy) nor the sulfur content. That all impacts the price. Plus we don't know if the reserve will support 24 BPD for a year? Still a few unanswered questions. It is certainly good news that the well is producing but I would be careful in any $ predictions over the course of a year.
John, in case they don't here's the text from the site:
CAVR
CAVU RESOURCES INC
Daily Commentary
Our system posted a HOLD today. The previous BUY recommendation was issued on 03.17.2011 (28) days ago, when the stock price was 0.0210. Since then CAVR has gained 185.71% .
Our advice today is simple and clear. Hold your stocks and wait for a new signal.
Do not bother yourself with further buying and selling as long as the HOLD tag stays.
Data provided by: End of Day Data
HOLD
It kinda looks like a little PT to me. Have to remind anyone new here that there are those in this stock at a penny or less, .05 is a five bagger for them.
Stevo, there is little buying, it's mostly all selling.
Kgem, just curious why you think that pumpers get 100 per barrel just becuase the futures are at $100 per barrel? Also we have no idea the quality of the oil (light, medium, heavy) nor the sulfur content. That all impacts the price. Plus we don't know if the reserve will support 24 BPD for a year? Still a few unanswered questions. It is certainly good news that the well is producing but I would be careful in any $ predictions over the course of a year.
stevo51, we will only break the .07 mark if you buy a couple million shares.
todaybrian, that's the type of post this board needs, not the minute by minute stock price, ridiculous day charts and TA on a penny stock. Good job.
ziggy New HOD on 200 shares, give it a rest.
Enertec, glad you see the humor in most of the posts here. I just don't like the incessant hype. I think we all believe the stock will go up (if the company delivers) but the minute by minute PPS update to a board where most people already have level 2, and real time quotes, is not necessary. If you take a look at the 3 or 4 who continue to post Ad nauseam here, also post on 3 to 5 other boards, and basically say the same thing. I read them also and get a kick out of them, but I will correct any statement made that is not factual or is just plain conjecture and hype.
That being said there are no shorts in this stock. The outstanding short interest (as pointed out by another poster a while back) as of March 15, was only 13,000 shares or roughly one trade.
Yes, stock is holding big gains, and that's is very positive.
actually if you discount that 800 share buy at the close we did not do well. The real close was .054, down .003.
It was not an awesome close. The close was marked with a puny 800 shares at .06. I am bullish on the stock but this constant hype is just ridicules. Look at the Time and Sale. 522,000 sells 282,000 buy. And the biggest sell of 149,000 at .054 was just before the close.
http://ih.advfn.com/p.php?pid=trades&symbol=CAVR
zig 520,000 of the 804,000 were sells.
cowboy, also recent buyer. If you can wade through all the pumping and hyping here, via constant inane posts, and look at the DD, you are correct, it looks like this can be a profitable little oil company.
stevo, look at the last 15 minute time and sales. Shows how easily these pennies are manipulated. 149,100 sell @ .054 at 3:46 followed by an 800 share buy at .060 to mark the close. Pure games.
A few sellers jumping in now but that's to be expected, after all there must be quite a few here that have this thing at a penny or less. Little PT is OK.
robert22, was just teasing him and introducing myself to the board. We all make spelling and grammar mistakes on these boards...after all we are not getting paid for perfect grammar we are getting paid for stock price increase, and that's what CAVR is doing.
Loof, sorry to hear about your dad. Know how you feel about July. We lost our oldest son on July 5th several years ago so July is not a good month for us either. Take care.
Willy
Zabuta,
Don't know what you call hype? I talked with Mr. C yesterday for quite some time. He did mention a few things that I think are OK to post here but if not just delete them.
He said NUTK is currently producing TekPlate and will begin shipping next week when the new packaging arrives. Also said that the are already working on the next generation. Said that the new well did strike oil and that is why they are bringing in the casings (I don't know what all that means but I guess it is good). Explained the problems they have encountered with the new design and getting parts (especially LED's). He said that the second half of the year looks very promising. Right now their biggest concern is getting TekPlate to market. This a brief summery. If you have anything to add please do.
Willy
Hi 3putts and Zabuta, nobody here either.. LOL I see message 1,2 and 12.. What happened to 3 thru 11. Guess there is no bashing over here. How can there be aint nobody here. LOL We now have three of these off RB boards, this one and two on Yahoo. If we keep starting up new boards we won't be able to find anyone LOL, maybe that's the way some want it.
Willy