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Quite obviously,that phone call that I received, while accurate,did not quite have the anticipated effect in the market place. The probable reason is that very few people now believe anything that the company puts out. I did NOT buy shares then nor would I buy shares now. If the trend ever turns up for a period of time, I will then start considering a purchase. I would never try to pick the bottom---I'm not that clever. Are you?
I'm starting to believe that the takeover offer for NDOL at $2.17 was legitimate---NO not per share---$2.17 for the whole friggin company.
If you really believe that one negative post on this board could kill a rally, then why should anyone take anything you post seriously.
What the market says the stock is worth, that is what it is worth on any given day, no more no less. Are you still thanking the "SUCKERS" who sold you this POS at .09 to .11 in December when you and your Christal ball (which apparently has not yet been repaired) KNEW that it was at the ABSOLUTE BOTTOM.
Better hope that they have NOT started the repurchase since if they have started it, it certainly did NOT support the price.
Please make certain your Chrystal Ball has been repaired. It certainly was broken when you expressed the same opinion on December 15th.
On weekly chart, the OBV was in fact in an uptrend UNTIL THIS WEEK when it turned down. AT best though, with the price trend down, you have a divergence, (no confirmation) so why even bother posting the OBV numbers. Again that being said, etc etc.
A LITTLE KNOWLEDGE IS DANGEROUS. The numerical value of On Balance Volume is insignificant. The direction of the OBV line is the important thing. In this case, the OBV line is moving downward along with the price which serves to confirm the bearish position. That being said, when a stock is being manipulated, the technicals are virtually worthless.
If the concept of "Supply and Demand" is alien to you, then it is foolhardy for you to participate in trading or investing unless you are playing funds that you consider to be "petty shit". If however, the money is of any significance to you, go buy a mutual fund until you can educate yourself. There are many books that can help you towards some understanding of the way markets function. READ AT LEAST ONE.
After a disappointing day, I felt the need of a good laugh, so I re-read posts 20211, 20241 and 22120 and had a great laugh. But perhaps the best by far was 20294--If you want any more shares at that price, Strongus, no problem.
Where can I get some of that stuff that you must be smoking???
If what you posted had any semblance of reality, the stock would already be north of $1.50.
What a coincidence. Many Pink sheet stocks use those same auditors.
Production numbers????????They won't even give the name of the fu##ing auditor.
If you have learned a lesson, NOT TO ATTEMPT TO PICK THE BOTTOM, and NOT TO BUCK A TREND, and to be EXTREMELY WARY of pink sheet stocks, then you have a cause for celebration.
If you continued to Yawn, you slept thru a small amount of market activity accompanied by a modest increase in the PPS
I don't stick my head in the sand and I am not stubborn. When the circumstances change, I reserve the right to be flexible and change my opinion. To do otherwise would be GOOFY.
WTF is a "rondootie"
I didn't have to put up now, did I? It seems like the market confirmed my "secret source".
Most probably by thursday at the very latest and then $5 by next monday.
Was gone all day on important mission and just a few minutes ago checked the days action. Very gratifying.
skram73@yahoo.com
Please explain to me how you can do any reliable DD on a company that does NOT have audited financials.
It's time to bail out of GTPC. You can't trust a company that puts out news bulletins every time the company president has a good bowel movement. It's had a nice run since September, but, it seems to be petering out.
There you go again. You have absolutely no idea who my source of information was (and I cannot divulge the source although I can say that it was a number of time zones removed) and yet you demean me and state that I don't know what is going on here. If YOU knew what was going on, you wouldn't be losing your ass in this stock. All I can say is my information that a turnaround is imminent comes from someone who is very familiar with the powers that be at NWOG.
I myself am not buying simply because my trading strategy has always been to wait till a trend is established and then follow the trend. Your trading strategy seems to me to be non-existent.
BTW--WTF is a Rondootie
Based on a phone call I received right before the close, from an individual with close ties to the company (the nature of which I am not at liberty to disclose) who I have a lot of respect for, I now feel that there is a much higher likelihood of a complete turnaround here and I have an intermediate term target of .25 (twenty five cents---NOT two and one half cents). Once that target is reached, the likelihood is there will be a short consolidation period and then the stock will really take off. Two Dollars per share is not without the realm of possibility.
Hard to believe that anybody would invest in a stock without even knowing what the hell the company owns. In all likelihood, the private company owns all the assets and the public company owns all the liabilities.
You are learning fast. I am ROTFLMAO.
Praying is a rather ineffective market strategy.
Please be good enough to let me know when you finally bail out. That will be better info than any technical indicator to determine the bottom.
What do you expect? An apology from the scammers? Grow up little boy.
Your lack of courtesy is appalling. Evidently you have NOT learned anything from this debacle. If losing money gives you an ulcer, perhaps, you should stay out of the market entirely.
Look at the bright side. You might possibly have learned an invaluable lesson that some stubborn folk never learn and you have done it at a relatively young age. You have plenty of time to accumulate significant assets if only you do not get GREEDY.
It was hypothetical. I won't waste my time doing the math since it ain't happening.
It will take a hell of a lot more than a PR release to get this POS moving. NOBODY except for some stubborn posters on this site believes anything management puts out. The response to the AURC release was less than exuberant.
I did NOT get in. I would only buy when the trend turns up if it ever does.
It is darkest before the thunderstorm. You could easily drown. Never try to pick the bottom. Buy after it turns up. if it ever does.
If NWOG's assets are for real, they could easily ruin the shorts by selling a small (say 10%) interest in their reserves to a private equity firm and declaring a dividend of say 10 cents a share. The shorts would then have to come up with the cash to pay the short dividend or cover their short positions before the record date. The stock would then go to new highs above $1.52 and probably above the phony $2.17 buyout price and the longs would have been proven correct in their faith.
Must be a disguised short covering rally.
BTW--Saw your post on raging bull. Have you ever considered a career as a cheerleader?
I'm shaking in my boots and can't sleep at night. GET REAL. You might consider changing your alias to DREAM TOO MUCH.
First, let me thank you for your invaluable contribution to this board and your careful consideration of my posts. Unfortunately, your conclusion that I must be a detective is not correct. Actually, it does not take a detective's skills to determine that the stockholders have been victimized by professional scammers. Do you really believe there was a legitimate offer at over $2 for this POS.
BTW--you have a typo in your alias. You left out the leading "p"
Thanks for the good wishes, but it's not a matter of luck. I have a virtually endless supply of unregistered shares, but I will continue to sell until NWOG breaks .01.
BTW I hear rumors that Tino D'Angelis is involved in this scam.