Trying to retire as early as possible
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Nice.....
Oil looking good again....somebody still slapping a few here and there....this should trade thin once we break .10 again....something will happen here by end of next week....I can feel it....
Selling pretty much stopped here...time to start heading in the other direction
I like lurking groups....
I’ve been on quasi-vacation this week so I haven’t been watching much....definitely had a tough day here today....these guys have to get something accomplished by next Monday at the latest...they have not kept shareholders informed of the reason for all of these delays....so some people are bailing....
I’d be impressed if the atty letter hit this weekend....that’d be great...these guys have worked weekends in the recent past....nice volume today to lock down the float just a little bit tighter...
Not bad trading for a Friday , especially coming into a holiday weekend
The yield sign is back because they filed revised financials , but did not file a revised atty letter....which I’m sure is coming now that they realized their oversight
Nice buys at close...I missed it...looked like MM at .0749 kinda stubborn
Well, somebody wants out of a bigger position today....but it’s been bought up...somebody keeps soaking up shares on the bid and they keep putting up more replacement bids.....sellers are running low on shares....dumping into the bid just before catalysts start hitting will soon be proven to have been a big mistake...keep churning this float tighter and tighter
They should put out some kind of PR through otc markets...including the share exchange and possibly that they are having those audits done...would definitely get more attention...of course acquisitions are always good too
I’m glad they are starting to share some info
They can put out a supplemental news report on otc markets like they did on 7/9 which was a shareholder update
They would have a bit more to do to become an sec filer I think
Well....nice rebound off the dip....I see a bunch of revised filings hit otc markets late this afternoon...Havent had a chance to figure out why and what was changed as of yet...
Yessir....just need some buyers to scoop up these shares
Oil up again today .....slowly heading north
Well....I’m not sure on exact details...the link from their website is a little clearer http://www.maverick-energy.com/mkgp-reduces-outstanding-shares/
Yeah...they should rename this ticker $yoyo
I bought my initial shares on greys....still have most of em
Maybe....or just somebody who got too impatient with waiting for news and decided to bail..
Well....it did cool off the chart/rsi quite a bit
Another big dump...I hope big seller is gone now
I meant .109, but I don’t see him anymore atm
Well....we got a big seller lurking at .0109 for now....either they want out or they want cheaper shares
Slow and steady works for me.....this company keeps making the right moves to benefit shareholders....they won’t Pr Loi or pending deals until they actually close them...simply not pumpers....ceo is a straight shooter and was a marine helicopter pilot....my experience with marines indicates that they aren’t into anything but the truth....traders will come and go, but the core group of investors will keep the faith here and be rewarded imo....if oil keeps creeping up to $50 or so, we should be in great shape going forward....
I know the first acquisition is close to completing, can’t wait to see details....
If the stock goes ballistic northward uncontrollably on relatively light volume, typically a market maker like ASCM will show up to short the stock, increase liquidity , and cool off the RSI chart before closing his short position...but I like slow n steady increases myself that don’t draw much attention
Yeah....that’s a good plan....once we get the info released on the two acquisitions we are closing, and see the company’s game plan come out....then you can def reassess after that
Nice close....it hasn’t been this high in like forever...not just one year but like 15 yrs....impressive...Oil looking good too...
This stock will hit some scanners tonite...we should def have some more eyes on it.
These guys will be putting out some great news on acquisitions/mergers shortly and there just aren’t many shares out there to buy....plus they never put out a formal Pr on share reduction yet, so many are unaware of it unless they follow maverick on twitter or their website....amazing opportunity here, this management team is doing everything right to benefit the shareholder now...pretty rare to see in otc
You are correct....plus there’s no dilution here and we have many catalysts still coming...all on a 15.5 ml float that’s getting pretty locked up...
Never heard of bioplus pharmaceuticals....not part of this company, which is in oil and gas exploration....no reason for RS, and has very little debt...
That’s been happening where bids don’t show for some reason...I know of several bidders from Canada tru TDA whose bids never seem to show
Well...they do “supplemental “ reports through news channel on otc markets, like the one they did 7/7
Nice start to the day....big 40k ask slap up to .118 A few sellers showing up now...but when official PR hits for share buyback...we should get more buying
No doubt we could and should challenge .20 this week if they actually put out a supplemental report on otc markets again tomorrow ....and if they do any other updates that’ll help immensely later in the week....just the share structure/buyback change alone makes these common shares worth well over .20 ....if we can get even 1.5ml or more in volume just this week, we will really be locking up this float very very tight ....oil creeping slowly northward will also benefit us and get more attn from investors....with 3ml or more in share traded volume this week, we would be seriously looking at this stock going completely ham....word is slowly spreading...I can’t wait for .10 to be in rear view mirror
I will be the one laughing...all the way to the bank!
You're very welcome....It's funny-I told people i'm a mod on ihub for $mkgp and they mostly laughed at me....they said why waste your time with it? ..they arent laughing so much now
That buyback alone should theoretically cause the stock price to cross .20+ in order to keep about the same market cap...we are pretty certain about a RM w/ Watson Energy coming in here and them probably partnering with USR Drilling, so I feel those were somewhat priced in already..
What is not priced in even at .20 is whatever additional "acquisitions"(they mentioned in tweet) they have lined up with that $50ml project financing...You can get quite a good deal on oilfields from all of these indebted oil companies that cant afford to drill/maintain what they have because they have too much debt (and their lenders have cut off addl financing) and their cost to get it out of the ground is much higher than ours would be...there are probably many offers crossing their desk now. I have reason to believe we may close on one this week...
Plus this stock's float is getting pretty locked up at the moment...We have quite a good batch of long holders here that own the majority of the float...I doubt if there is more than about 2 ml shares not locked up by longs at this point.. If they put out amazing PRs spaced out just right over the next 2 weeks....I really have no idea how high it could go....Selling now makes little sense to me...At the end of September my oldest shares will be considered long term gains and I will pay considerably less tax on them selling beyond the 1 Yr mark...I sold some of my shares during the last run up to .10, which almost paid for all the shares I hold now, so I'm basically riding freebies and have little reason or pressure to sell right atm...I have almost no risk, and a great chance at a big reward...Loving this company and the accomplishments so far.
$1 is possible if oil continues to slowly climb up over the next few months imo...Best to close the deals now...Plus the chart on this stock looks fantastic and a .10 break gets us out in blue sky territory on the 10yr chart....I have a very strong feeling this stock will be at a much higher price by Labor Day...Is it Monday yet? hahaha
Yeah parshooter...that great news came out mid afternoon friday....but the company hasnt even officially PRd it yet, so only those that follow them on twitter or their website saw this....so I expect they will do a more formal PR on Monday that will hit all of the wires, and we will have many more eyes on this...Plus we have at least 2 more acquisitions and whatever deal they do with USR Drilling as well...we are golden going forward
Well... $MKGP still doing some amazing things like retiring 80ml shares!
http://www.maverick-energy.com/mkgp-reduces-outstanding-shares/
Ceo is essentially exchanging them for newly registered preferreds...News came out mid afternoon only on website...didnt hit news wires yet...but still almost got enough volume to break .10 resistance(hit .098 at close)....i expect news will be PR'd on monday some time...Looking forward to it...amazing ride so far
Still havent directly mentioned the pending multiple acquisitions they are closing on with the $50ml project financing or any other updates.... this definitely has much more in the tank with a 15.5 ml float...Looks like blue skies after .10 to me....weeeeeee
I updated the intro page a little bit...maybe more on Sunday..
I'm expecting more volume next week...trying to keep things more current
A couple more days at 500K+ volume w some news and there just wont be almost any shares left to buy under.25 We have some serious longs holding here.. imo
Sounds good...I'm sure that's a goal probably for next year...but what a day! almost broke the .10 resistance , but being a Friday at the end of a good week, and an actual PR not hitting the wires yet, we fell just short but closed at high of day...Next week is going to be just as good imo...