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I'm rather pissed I was told something and then it didn't happen. That freaking pisses me off. Now, I'm not getting any timeframes from IR just this crap "it will come when it comes and let us do our jobs, blah blah blah"
I said what about your optimism last week. I get muttered responses and vague answers. I hate these freaks. I hate being told one thing and then it all changes.
Only thing positive is the volume and we're not selling off into the mid teens yet. I hope this freaks get their act together soon and report on the LOI. Grimes won't budge this thing because once Grimes comes what else do we have at Grimes, nothing !!! The East Texas LOI opens up many possibilities and alot of speculation plus additional cash flow. It will all change for this stock if this deal happens. Upward and onward. Otherwise, stagnate, sub-penny land.
aint nobody buyin either. need vol to move.
i really think 20-30M shares on the buyside will push this baby over .10 Too many are holding huge positions. When it goes up that high the trade sizes will drop under 100K.
yawn is it Thursday yet ? My pain killers are coming. Thank god....
DOMS took the lead at .019
IR might as well put a broomstick up my arse. Bastards.
ETRD and NITE have the b/a cornered. Wherever the bid size drops down, that's the direction we'll take today. Ridiculous consideration for this pinky. Ridiculous.
flipfloppinpays can't buy any shares with this volume so he's starting to bash. Unreal. How people can use stocks and message boards for personal gain.
What ever any of you say to me, I have not sold one single share since October 24, 2005. I've always bought into weakness.
flifloppinpays wants more cheap shares. LII has suddenly started looking much much better...
Bid
==========
ETRD .0185
NITE .0185
UBSS .0180
HDSN .0170
Ask
==========
ETRD .0215
NITE .0215
UBSS .0220
HDSN .0400
DOMS .0410
I think we have stalemate with current volume 94K. Nobody is selling down here so they will have to move up the bid soon to get things moving here. I subscribed to alphatrade LII for pinks. After speaking to Boyd I don't think we'll get news this week. IMO.
I wonder if this was planned to get the price down so insiders could load up. Tyche moving to Dallas must have something to do with this deal. Why would Tyche, Ontario based company suddenly HQ in Dallas when they have nothing there ?? That is the question....things are coming together here.
flifloppinpays - at least six to seven years. Oil is down now because of summer driving season ending and hurricane predictions revised benign. Oil will remain in a trading range based on geo-events, IMO $55-$85 for the foreseeable future next 5 years, minimum.
Oil companies are earning $10 per year and paying dividends and are trading at $30. 10X earnings is $100. Stocks on the nasdaq have these high multiples 70X, 110X earnings, but the real money makers are valued at 10X earnings. Let's say oil becomes a rare commodity and we get valued at 20X earnings. Still well below the multiple for these money losing tech stocks. At 20X earnings that $30 stock should be trading at $200. Case in point, FTO (Frontier Oil).
With $50 oil, these companies are racking in the profits. Exploration is feasible.
BIGN will have it's deay soon. Just heard from Boyd. We are in a good stage of the deal closing, IMO, once lawyers are involved you know we are going to close soon. He said the details of the deal are very complex. This almost sounds too good to be true.
flipfloppinpays you are stupid with that remark that the big oil find will diminish prices. Maybe in 7 years once they start bringing that Oil online. By then Iran may have cut 40% of their exports. You never know what the future holds for energy and oil.
it's very comforting to hear that everyone plans to flip this or ride it to .10 Where are the true longs ? do we have any ? Is this company so crappy nobody wants to give them a chance ?
and now we have analysts coming out of the woodwork saying since Oil broke the $68 barrier, we'll see low $30's within six months and NG will be at $2 come April 2007. Where do these idiots come from ? I hate them all. God I hate CNBC.
best hope for an early PR today or we test .0165 maybe lower. Could get ugly vey fast here in BIGN land. The company is lying to me. I don't like that.
well I said if I was wrong about the PR yesterday I would eat my words and not post anymore. Just wanted to say IR will tell you anything you want to hear. I was mislead by the mother-fer's and I want you all to know that. They told me a PR as early as Friday to clarify, now nothing. Their response is when they conclude a PR will be out with the facts not until then. "Conclude" conclude what ? a meeting, a timeline, a deadline, terms, assets what the fa is going on here with the lack of execution. I do not like being told one thing and then suddenly they change their direction and don't follow thru with what they said. Now maybe I will give some slack because maybe Lancaster said we're so close why release a PR now when in a day or two we will know everything. However, if the news does not come in a day or two, these people are lying plain and simple. They know the stock price is crashing yet they do nothing to support it. No update on Grimes. Their excuse for that is "the east Texas LOI is our #1 priority now". How long does it take to issue a monmental PR that will bring the PPS up dramatically when they know they are so close. I was told deal is done. Now, if it's not done somebody at BIGN is going to have to answer to the SEC and my attorney very soon.
Lancaster - you are running out of time. The stock is hinging on going sub-penny. What are u doing ????
WOW Tyche HQ Dallas ?? hmmmm. Tyler and East Texas are looking good. Just imagine the East Texas LOI going through followed by a merger with Tyche and WW Oil and Gas and Hydroslotter and N2O. The company would be a monster. Just Tyche leases are huge plus WW Oil and Gas (San Juan region) and Grimes plus East plus Loiusiana, Arkansas and West Texas.
And the company has it's own crew and rigs with cash flow from Grimes and East Texas. Wow. A Monster. Too bad the market values it at .02 cents per share. 6M market cap for a company buying a 35M company.
Almost 3M shares in 30 minutes. Nice. I predict if news does not come by noon, we'll have one of the late day PR's, but again company would be prudent to put it out this morning to relieve tensions. Good luck everyone. Last post of the day.
Thats why I have not sold anything. People do not even understand if the East Texas LOI goes through with additional assets and equipment to rework and drill. The sky is the limit here. 100M market cap just for starters. It will climb to that PPS is about 2 weeks once deal id done and announced. People are just too discouraged here. Need some good news. It will come.
what is b/a ? Please post L2? 10:00 is coming......
PR TODAY. It's a given. You know it's coming.
looks like explosive volume again. Almost 2M shares trade in 50 minutes. Nice.
Ameritrade great on execution but sometimes b/a is wrong. Get's accurate when volume is faster. Somebody just sold 350K at bid. I do not understand how people can sell this stock so cheap but whatever every person is different and has different needs at different times. Wonder how many shares flipfloppinpays is going too flip here ? Something is going on with these 350K blocks. eatsmenasdaq is this you dumping ?
ask is .024 ? right ?
BIGN is #9 on active IHUB this am. hmmmm...
BIGN will rock today. Just watch. PR is due. I fully expect a PR today or the company is going to hear from me. I will not be nice to them. Last week, I explained my frustration with their lack of execution. Their reply was "things happen, delays happen, this is the Oil and Gas industry".
sorry about the loss. Let's get BIGN rockin' today to make up for your sorrow. BIGN should do well this week. I know you guys are looking for meat and potatoes. Today we get clarification and I'm sure no later than the end of this week we get a closing. Just watch.
anyone want to wager on what time the press release comes out today....
Before the open 1:3
10:00 2:1
10:30 3:1
11:00 10:1
don't argue with him. He never made any money on the ride to .07 because he flipped long before that happened and then he disappeared for awhile then came back when BIGN just ran to .031 from .021. I know he was pissed he missed the ride to .07 because there was no way he would pay over .03 knowing it would just tumble back down again. That's why he left the board. One of his last posts he stated, I'm in now for the long term, long term for this guy is like 3 days. He's a daytrader plain and simple. Once BIGN starts exhibiting strength again he better be on the ball to get some under .025 again or he'll miss the next ride which is going to be much much higher IMO. .12 is my best guess, but if we get insane volume we could run to mid .20's.
flipfloppinpays on ignore...bye
close over .03 tomm. For sure. News is out. Done deal.
once PR comes out, I bet we close over .03 that day. Flippers will be dying to renter for the ride to .10 and beyond.
eatme don't become a flipflopper. I will lay odds on a PT no later than 11:00 tomm. to set the record straight. The company was upset when the stock took a dive Thursday. News about the LOI will come and the closing will not be delayed longer than 2 weeks, may possibly happen this week. I trust these guys and doubt I would be blatently lied to by this company. Why else would they provide info like that unless it was not going to be come public domain soon ? I know the deal is done. Not worried about the financing either. The deal does not involve any form of shares, common, restricted, preferred, all debt-based via shareholder lender. I wonder who the shareholder is ? Maybe Lancaster ? Maybe Lancaster's family ? 35 million is alot of dough to come up with, but with Grimes producing 3-4M per year with 4 wells and the existing cash flow from the East Texas LOI 500K per month, I think they can do it.
get ready for a good week. That's all I can say. The volume will remain high and the very first thought of a rally in progress, 10M shares will trade in 40 minutes. Just watch.
eatme 25K. My IRA has the majority of my shares. The other day when we were up 34% my account balance was up 130K in one day. Just imagine when the stock is up .02 or .03 cents !!!!
Stock price is ridiculously undervalued.
eatme - who told you 35M? if that is the case our market cap when the deal is closed should be much higher than that. I was told clarifying PR Tuesday and deal closing PR later this week.
he probably made 350 bucks trading 400,000 shares last flip. what a goofball.
flipfloppinpays ha ha ha
hasnopatince - it will be sooner than later possibly as early as this week. This is what I was told. Now if you were told something different somebody is lying. I think you are desparate now to buy back in for another quick flip ? your name should be flipfloppinpays
positive cash flow !! Drilling rig, workover rig !!! Crews to operate rigs !!! Leases galore !!!! Reserves !!!! Current production !!!!
Unreal opportunity to own an Oil and Gas stock on the ground floor.