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People, let the momentum get firmly rolling upward on this great news before you start selling. Obviously, the band wagon effect hasn't even nudged on this one when only 1.4 million shares have changed hands within the first 30 minutes of trading. God, this company is gonna have to do a better job at screening their stock promoters. All the buyers from henceforth should be longs not flippers.
They have proved the critics wrong. Lukoil will partner with a Pink Sheets company. We're on our way to $2 per share people. Hold on and continue spreading the word. :)
Fitch Doesn't Believe Settlement of this Size Would Affect BofA's Current Ratings (Dow Jones) @ 9:37 am
Fitch: BofA Has About $57 Billion in Original Face Value of PLS Cited by FHFA (Dow Jones) @ 9:35 am
Fitch Estimates BofA's Figure Could Range Between $5 Billion and $8 Billion (Dow Jones) @ 9:34 am
Fitch: Bank Of America Has the Largest Potential Exposure Out of 17 Banks Cited in FHFA's Lawsuits (Dow Jones) @ 9:33 am
Fitch Says Other Banks Involved in FHFA Litigation May Need to Increase Size of Their Litigation Reserves (Dow Jones) @ 9:32 am
Fitch: JPM Settlement Sets High Bar for Future FHFA Deals (Dow Jones) @ 9:31 am
Oil Discovery First One
I knew that was coming. Great.
the last 10 minutes approaching
A lot of institutional buying going on.
use limit orders
Too many buyers on the ask. We could see $5 by end of week.
Industry Groups Summoned to White House Meeting Monday Afternoon -- Sources (Dow Jones)
White House In Renewed Push to Confirm Rep. Mel Watt as FHFA Head -- Sources (Dow Jones)
Senate Could Vote as Early as Thursday on Federal Housing Finance Agency Nominee -- Sources (Dow Jones)
Strong consolidation at the ask all morning long. This is why:
11:38a
White House In Renewed Push to Confirm Rep. Mel Watt as FHFA Head -- Sources (Dow Jones)
11:38a
Senate Could Vote as Early as Thursday on Federal Housing Finance Agency Nominee -- Sources (Dow Jones)
11:38a
Industry Groups Summoned to White House Meeting Monday Afternoon -- Sources (Dow Jones)
Fannie Mae Stock Explosion
http://www.otcmagic.com/fannie-mae-otc-fnma-stock-explosion
just give me 20 $5 bills then i'm cool. lol
With this JP Morgan settlement that would mean all of next week could be bullish?
persuasive comment. i'm waiting and watching.
Keep in mind even in the Russian Federation they can't use names such as Lukoil fraudently. So the connections are valid and the financing is valid. In fact, I think they do mention somewhere the source of the $45 million. I'll post it when I come across it again.
12:29p Moody's Affirms Old Republic International's Ratings; Changes Outlook To Positive On Mortgage Insurance Recap Plan (Dow Jones)
they have to churn PR's regularly, get a better webmaster and hire better stock promoters.
Actually, they don't. They can execute it at will and say they are doing it to uplist to a better trading market. I've had it happen to me dozens a time with penny stocks over 20 years. lol
their unfinished website isn't worth promoting. they need to hire a new webmaster.
accumulate it and wait it out. nobody know about the new fvsta yet.
lol well it makes plenty of sense. i'm trading it. that way if a RS happen I've protected the value of my portfolio and simultaneously trade it post RS. but that's if an RS happens. i've seen a lot of good ceo's change their minds and execute an RS when the stock price moves to a certain point. they will justify it by saying we're moving to Nasdaq. so that's why I'm trading it now.
I brought it up because I'm afraid once the PPS reach a certain point the strategy might change concerning the share structure. I'll continue to trade this though.
You see this board isn't very active. That means the promotion is still developing. When you see this board become highly active then you know for sure word is getting out. FVSTA will have to churn out at least 1 PR per week and get free write ups from various news sites. They have to market their success.
we can still trade it before the RS.
The promotion obviously is still in its infant stages. I see that so I am accumulating. Again, I do not think this is a scam. The sellers are more than likely the old bag holders before the Russians took over. I think the press releases are legit and I do believe Lukoil discovered huge deposits of oil on FVSTA land. The issue now is to see what kind of relationship develop between Lukoil and FVSTA as a consequence. Something has to develop despite FVSTA being a startup. Like FVSTA said in the last PR, we are now an oil producing company that have the tools for refining our products and the products of other oil producers.
Quietly waiting for this ticker change. Congratulations. Let's see if we close solidly above 5 cents.
I don't think this is a scam. No real money was made yesterday during promotion. I think this company has just started implementing its business strategy. Public records show this company was incorporated in 2007 or 2009 (excuse me I'm writing from memory) and it has only been publicly traded under the new owners 1 year. Looking at the past PRs it seems like there was a quiet (no noise) reverse merger that took place. So the only people I see making money on the open market now are the old shareholders of the shell.
I'm gonna have to give FVSTA a call and inform them there are more effective stock promoters than those guys. With the kind of news they released yesterday the volume should have reached at least 50 million shares. But anyway, I would accumulate this on all dips. Momentum will pick up.
yeah that's understood. but the finding of oil on one of their properties is significant. something got to happen for the good of the stock price. accumulation opportunity exist.
ACCUMULATE YOUR POSITION. BUYING OPPORTUNITY EXISTS.
First time, I've seen the bid and ask almost at parity. Good sign.
Should open tomorrow at 2 cents or higher. The word will spread further tonight. GLTA
How many market makers are on FVSTA? If VNDM is the only MM then that explains why they are holding it back. Maybe tomorrow will be a better day since more and more newsletters and news sites are picking up the news. I think this is the time to accumulate 50K shares or more. If this do break out it will be BIG. It's in the right industry at the right time. And those connections with Lukoil could make this company.