I made some nice money on BGOI. Lost a little when I tried to get back in on a dip, but overall great play! I'm ready for the next one.

If someone buys 1 million shares i will buy 50 million shares. Believe it.

CYCA uptick and volume

CYCA uptick and volume

CYCA nibbles

CYCA nibbles

now .042 x .043, looks good

BGOI has a short-term history of dumping at the open. If we can break up at the open I think it will go all day or more.

BGOI bid stacking

BGOI looks like a runner on the news just out

BGOI looks like a runner on the news just out

BGOI looks like a runner

Buying pressure is on. Everybody pray...

Apparently the crowd isn't happy with 34 million+...

News: Bonanza Oil & Gas Apclark Field Reserves Estimates Exceed $34mm

HOUSTON, TX -- (Marketwire) -- 02/03/10 -- Bonanza Oil & Gas, Inc., a Nevada Corporation (OTCBB: BGOI) (the "Company") independent oil and gas company, is pleased to report on the oil and gas development for the Company.

Bonanza Oil & Gas has reported increased production at its second Apclark Field location in the Spraberry zone. Our working interest PV 10 value of $17mm per a third party engineering report previously reported was of just the Spraberry zone. Bonanza estimates that its actual reserves of Apclark Field Zones for both Spraberry and Worlfcamp may exceed $34mm.

The Company has leases on the Damon Salt Dome. The industry does not typically prove up reserves in salt domes; however, the Company believes that there may be $6mm of additional PV 10 value for Bonanza at the Damon Mound.

"We are very excited production is increasing at our Apclark property and we are looking forward to capitalizing on the increasing price of oil," stated Bill Wiseman, CEO of Bonanza Oil & Gas.

About Bonanza Oil & Gas, Inc.

Based in Houston, TX, Bonanza Oil and Gas, Inc. holds assets ranging from current producing properties, wholly owned prospects, to developing working interests in Proven Undeveloped CPUDS) properties.

Safe Harbor Statement

Some of the statements made by the Company in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. The Company believes that its primary risk factors include, but are not limited to: production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others. Additional information concerning these and other important factors can be found within the Company's filings with the Securities and Exchange Commission.
Statements in this press release should be evaluated in light of these important factors.

Contact:
Bill Wiseman
President and CEO
Bonanza Oil & Gas, Inc.
Tel: (713) 333-5808
bwiseman@bonanzaog.com

Published Feb. 3, 2010
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

BGOI getting tight, looking for a quick small profit.

BGOI getting tight, looking for a quick bounce.

Feel free to take as large of a bite as you want ;)

Trying my luck to get some shares on the bid.

Ya I agree. NITE refuses to move down from his .0012 ask. ETMM is at .001 all by himself. I say once we knock ETMM out it flies. Now... who wants to knock ETMM out? Any takers?

Thanks! My girlfriend gets one point for every signature. If you wanna see her on the leaderboard on the right, it's Megan Demchar. She's in 8th place right now and the top 10 go to Washington D.C.

Test

Ya I was afraid people were doing that. I'll make my siggy say something about it.

CYCA I'm out, 10% is enough for me. Btw, I can't pm so:

Consider it done. Also, are you sure you signed the petition the right way? The points didn't increase today at all, so no one has signed it today. You have to scroll to the bottom of the page.

CYCA NITE momentarily moved to .003 when the ask got hit back. That shows that NITE is not stacking the ask at multiple levels before the next resistance.

CYCA looking nice... fishing for some shares

GOIG .0012 GETTING HIT!!!

GOIG 4 mm's on the bid ready to knock out the HOD

GOIG .0012 up

GOIG I see NITE moved his ask off the spread. I'm definitely watching this one hard.

MUCH better than yesterday... very weak .0012 resistance.

EDIT: NITE moved the ask from .0011 to .0012, so now it's 1@.0011 and 2@.0012

History only repeats itself until the trend has been identified by the masses. Then, people come to expect it and then they prepare for it, which changes the result drastically. That's the point of history class; so that we don't repeat history.

Not saying I'm not bullish on BGOI, just generalizing.

Well then what are you guys waiting for? Theres probably less than 10 million shares on the ask, I'm sure the money here could take it out.

Watching GOIG

Any opinions on DLCR? I haven't done any dd yet, but the chart looks nice:

loaded 100k at .046

Riding all free shares here, hoping for one more dip to double my position and go all in but i doubt I'll get it.

Let's do one final shake on BGOI... I could use some more shares :)

If we cross .055 the 5 minute macd will be in the positive and I think we will go.

20k took out the ask, then a 200k sell didn't move the mm's. I'd say we are heading for a intraday reversal.