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.18 is very reasonable given the share structure and plus the potential of the company. It's extremely apparent.
I wish I had funds :( to buy a ton more.
It just a phone call to the company... nothing special. She always answers anyway.
The lower the price... the more shares I can get :)
No clue, nor do I care. I'm in this because this company is turning around and there is tons of catalyst that will propel this thing waaayyy upwards.
178,355,951 O/S 300,000,000 A/S
The spread is so massive right now. .002x.0038
Noooooooooo... I wanted it to keep going down so I could pick more up for diiirt cheap :( I just needed one more week!!!
Hahahahaha.... I'm in the army and I find your comment very funny.
Double the price = double the earnings. :)
A tenth of crude oil would be what? $6 - $7?
With what money? They have debt that needs to be paid back and revenues that can't quite cover the debt just yet. It'll take time before they do any kind of buyback... but with the current share structure they won't have to do a buyback for us to hit .20 :)
I think we'll see .20 on both sooner or later :)
Yea man that was a great pick! I wished I got into it, but I know my WNWG will have its big... very big day :)
It's only a matter of time before WNWG has its day .... They fixed one of their wells and will be doing a FRAC Stimulation on it in september which will increase gas flow output ( which also means more revenue ). Give it some time
I wanted to call the CEO so bad today.... I was too busy getting prepared for deployment though... I had to go through a grueling 9 hour SRP so there was no way I could call him. He's lucky because I'm ready to drill his head :)
looks like it hit the .0018 target as you expected today.... or maybe it didn't ?
No.. its more than likely going to be a year. :o This isn't a faint of heart kind of stock. If you want to see some big gains you're gonna have to wait a awhile for them.
Everytime I look at the PPS I become uncomfortable and start questioning my investment... then I think about the low share structure and I begin to smile and say to myself "Nevermind, the share structure is one of the main reasons why I'm in this because this thing is going to take off within a year or so."
We'll see... the company is still at a critical point even though its starting to turn upwards.
I'm going to call him tomorrow. He was suppose to call me today. I called Felicia and she told me to call back tomorrow. If I keep on getting the loop around I'm just going to go down there and have a little visit with them.
I doubt it.
I'm waiting for it to dip lower :) I want more for my money.
Question is... was the shares given to YA a form of complete debt repayment or was it just a form of interest payments on the loan?
There you go.... good job
Blame it on the Ah,ah,ah,ah,ah Alcohol baby. Lol.
How do they have 100 million in bad debt? Where are you getting that number from?
Yea that sounds great.... except we would get completely hosed!! Shareholders wouldn't get crap at all if this company went bankrupt.
Their liabilities is 66 million.
I called, but Felicia said all of them (including herself) had to goto a meeting pertaining to the CEO's trip to Houston. I'll be getting a call from them on Monday.
How about you shut your trap. I called today and Felicia told me that they had a meeting to go to and it was about the CEO's recent trip to Houston. David (CEO) will call me on Monday.
CEO will be in around 1 and I'll be probing the crap out of him to see where we stand. All questions that many of you have thrown at me will be asked including questions of my own.
Exactly, there is no point right now. If they were going to go bankrupt it would have happened 3rd to 4th qtr last year. That was probably there worst point.
O/S 178,355,951 A/S 300,000,000
No shares have been issued since the 7th of this month.
If they go bankrupt it'll be chapter 7. They'll have to liquidate all assets. They would have already gone bankrupt though so I don't see it happening anytime soon.
I'm going to be calling the company tomorrow to ask some questions. Anyone have a question to throw in that needs to be answered
Called Wentworth today. The CEO is in Houston right now. I'll be calling back on friday to do a little chit chattin. For the past 2 years they've been struggling, but with that recent fix of the well and the FRAC stimulation going down in september... man oh man :) . Right now the company is at a turning point. This is a long term investment for me :) ! If they would have claimed bankruptcy they would have already done so... ;)
called the T/A.
O/S 178,355,951
A/S 300,000,000
I'm waiting for the 2nd QTR fins. They got one of the wells fixed on june 16 so we'll see an earnings increase for this qtr. It'll take a little bit for them to get back on track, but with the hype on natural gas going on right now I expect a healthy return on this stock :)
O/S: 167 mil A/S: 300 mil Restricted: 88 mil