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Low volume yesterday, one encouraging thing was that they didn't sell into the low bids for a change.
If they would let the market determine the price this would rise quick!
Thanks for the great DD.
The CEO should not post directly to a board. He is held accountable by his words and can only release any information via PRs.
But I would appreciate more PRs on a steady diet of information.
I have made money on LHPT and will continue to do so.
Damn it, I missed the deleted message.
Must have gotten quite a rise out of him.
I agree that LHPT has some expaning to do with the garbage PPS, but I think we will know more over the weeks to come.
Go LHPT and PDGO!
And of course go Bruins!
PS I have never reported any message to any moderator. Not my style.
If you're looking for AAA credit your investing in the wrong place. Trading Pinks is inherently high risk and speculative.
But do you mean to tell me that LHPT and PDGO are worse off than they were, say, 2 years ago? Absolutely not. Look at their financial statements (which I know are behind a couple of weeks for year end, before you say it). These companies were total messes when Todd took over, had limited reporting statuses, DTC chills...etc.
A lot of progress has been made in my opinion. He has struggled getting the proper technical expertise in place, but that has obviously been the focus for the last 6 months. Except for Anthony Maye, The JVs, partnerships, hirings...etc have put both companies in a good position.
Anyone that thought they would be pumping massive amounts of oil and gas in the last 6 months were fools. Now if they can't get production going in the next 6-12 months, hopefully sooner rather than later, then I'll join your opinion.
This is a long term play, with some money to be made on the periodic runs.
LHPT going to be big. PennyStockGeeks liking it.
Great company. LHPT has never looked better. No pump and dump there.
new managment, Joint Ventures, new assets! All set and ready to start pumping Oil!
I got an email this morning. Classic pump and dump. Just saying...
Try slapping the ask! Unless you're looking to sell under .003
They are still tweeting about it. Don't know if they bought or not.
Nice articles Ash. Adds perspective to the scale LHPT is involved in. I truely believe this will devlop into a great company. I look forward to seeing their next steps regardless of the trading BS going on right now.
Hey if they will step it up that's fine! But if they keep feeding the bid sitters it won't go anywhere.
Nothing wrong with the company rasiing revenue that why they have stock. But let's be smart about it,
This is no paid pump and dump.
May should bring us production updates from Gerard and Business Development new from Todd. So even if its just speculation it does make sense that we may get some meaty news in May.
So all the new investors will have a spring board opporotunity in May IMO.
Hows it look on the other side of the 23s?
Wouldn't an expert trader recognize the potential of a run, and trade in a way that raises the PPS? They could have stepped up their ASK over the last 2 days and this would be at .005! And they would have netted more $. Am I missing something here?
Perhaps I don't understand the relationship between MMs and a company's dillution strategy.
I would want to sell 20 milion shares and make $200k not $50k
You should call him and ask him, and report back to the board. Thanks
Look at post #43246 he did a nice job of DD for the last few months.
AHole MMs selling into them will just encourage the bid sitters. Never the less, the volume is great.
Imagine if they came out with news today?! Oilman2011, if your ears are on....
Hoping for a slow and steady run to get this back where it belongs.
Simma down on the pumping! What flys up usually flys back down.
This is a real company, and it shoudl be back up at a penny+.
The only thing that should be pumped is the oil which should be floming in the quarter or 2 then you will see a 10x zipcode changer!
Hey Rich, Longtime. The activity in the past 24 hours is following favorable PRs, and there is no paid pump going on here from what I can find.
I guess we will see how long these new investors plan on staying around.
This should be between half penny and a penny pre-production news. The only reason this really went down was due to the dillution and lack of eyeballs. Its certainly undervalued. IMO
Any insight?
Highest volume in 2 years! 3x short term here easily!
#10 on BOB! This baby's gonna fly. Just the beginning.
Better slap the ask or its going to cost you $100s trying to save $20!
Thanks, you have mentioned that before. Please fill us in as to the facts behind Matmowns history, and the details behind LHPT and Matmowns plans for 2013. LHPT has Oil Producing Assets and Matmown has operations to pump it. Sounds like a good match.
PDGO is just getting started. PPS has gone up 4x in 6 months, 2x in the past 3 months and holding steady on moderate volume with minimal news and no production. When they start actually selling oil and gas, which should be in the next quarter, this thing will be through the roof! IMO
Todd has transformed this company. He's increased assets, removed debt, its been current with its filings for over 6 months, and has brought on a new president who has the experience to run the show.
Todd has done similiar great things with PDGO.
We are on the right track here! Go LHPT!
Seriously bro, Slap the ASK! Or you might be buying half the number of share s at .003 if you try to hold out.
Should be a bunch of oil coming out of that hat over the next quarter!
Long term I want management focusing on value and production, but I wish the MMs would run out of shares. I wonder how many of these shares are being sold on behalf of those that were given shares. Obviously the MMs dont earn their money based on $ volume or they would act in a way to increase PPS.
From sbwire.com
LIGHTHOUSE PETROLEUM(PINK:LHPT) jumped 25% and closed at $0.0018. So far in three months, the stock is up +20.00%. The 52-week range for the stock is $0.0012 and $0.0199 and during the previous trading session the stock touched its highest price at $0.0018. Its introductory price for the day was $0.0015, with the overall traded volume of 2.76 million shares.LIGHTHOUSE PETROLEUMa development stage junior oil and gas company, engages in identifying, evaluating, and qualifying natural gas and oil wells in the United States. The company intends to acquire abandoned wells and land leases believed to have sustainable development opportunities. It focuses on acquiring and developing assets located in the Permian Basin, Mid-Continent Areas, and Arch- Fort Worth Basin.
Lets get this back on the breakout board and see what happens tomorrow. Go LHPT! Long and strong!
Penny would be nice but I'll settle for a half tomorrow! Just keep those MMs out of the way.
Then Better Slap the Ask before it gets back up over .002!
Enjoy it. Hopefully you get a nice surprise when you get back.
Stay strong my friends. Its boring, but patience should prevail. The company hasn't been better positioned in the years Ive been around IMO. Its worth another quarter to see what Tood and Gerard can accomplish. Remember Gerard personally wants the PPS to go up. But he's not in this short term.
Most likely, its gonna be a while before we see favorable financials. Serious production news is what I'm looking for. We need to see production with timely reporting to the TRRC. If its being pumped, the financials will follow.
Pretty sure you missed it.
Here's the # for Gerard
(985)237-1701
FYI Gerard and Todd are on Twitter and LinkedIn as well.
Same here. Hard to trust the charts with MM activity. Eventually though it should pop.