Anyone think 1.00+ is right around the corner?

11.00 per share won't be high enough if the 3-D shows 6 billion barrels or more of potential oil discovery. Would we see a pps of 30.00 on one well discovery? That would be stunning, and most welcome.

Getting in at .84 is an AMAZING opportunity for anyone. And if the shorts are smart, those millions of shares that traded after the bell two Fridays ago were short covering.

I think HDY is going to heat up starting tomorrow - no good reason to be going anywhere but UP.

GLTA.

Have any other shareholders here had the thought that one or more of the majors that is currently in the HDY dataroom may offer to buy the company and that a bidding war could start between 2 or more majors if they like what they see?

It seems like it could be more profitable for a major to just buy the company (and concession rights) than it would be to deal with HDY for a portion of the profits...and I don't see RL selling the company for less than 12.00 per share.

Thoughts? This could all get very interesting VERY fast.

"This could run hard being a laggard on the big oil move."

Let the good Lord hear ya!

GLTA.

Imagine the positive impact on share price if Ray signs more than 1 JV partner. In the conference recording, it sounded like this was a real possibility.

Given the size of the concession itself and possibly 6 billion+ barrels of oil awaiting discovery, HDY is far and away the most exciting stock play I am aware of right now.

The shorts are crazy not to cover under 1.00 as these prices will not last much longer.

I added 40,000 shares myself today, bringing my total HDY holdings to 60,500 shares. I have listened to Ray's entire presentation twice and it sounds like MULTIPLE majors may be buying into the concession.

Ray also mentioned 6.5 billion barrels of oil may be in the concession and that it is the biggest West African play out there right now. I bought HDY above the ASK today and know that these prices won't last.

Ray says the market will probably reprice HDY. I agree.

Blackrock is adding shares. That's all I need to know.

GLTA.

It seems as if this majority family owned company has a plan to maximize family shareholder value and simultaneously cheat the common shareholder as much as possible.

Maybe Welch regrets taking the company public. He might have to share profits with common shareholders.

Why did they promise a dividend and then cancel it? Something tells me that precious family shareholders got dividend a plenty.

An full SEC investigation of this farce of a company is in order.

Enough is enough.

"Sales is not available at the moment. Sending you to voicemail."

I tried again today. WTF is going on with farkers? Too much bathing in the sun?

I called the company 3 weeks ago and had the option of which department I wanted my call to go to. I chose sales. I got a recorded message that told me "No one in sales is available right now, please leave a message and someone will get back to you."

I left a message that said how concerned I was that a company would not answer the phone for a sales call. I said I was a shareholder that expected better. I did not leave my number for a return phone call.

If I lived in Florida, I'd deal with these farks my own way.

If the pps tumbles further next week, I am inclined to believe it is new shorting. If it increases, I am inclined to believe that it is some short covering.

The HDY short has to decide what to do with the JV partnerhip potential within 3-4 months.

Still shorting NAVB spottrader?

It's never to late to realize what a garbage stock looks like.

How can VMGI go to the moon when it has never been off the ground?

Seriously.

The ASK is .0098 today! This is a great stock! I'm going to suggest it to all of my friends!

Hope springs eternal.

Thanks!

VMGI is garbage. That is why I offer 2 solid TRADING picks that have made me thousands. I really feel bad for the chumps here that have added since the reverse split BECAUSE THIS STOCK HAS ONLY REACHED A HIGH OF .025 SINCE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Delete my posts all you want. I only hold 8,000 shares of this garbage. Ban me if you want. Veve has ripped us all off and refuses to speak - not a good sign.

NAVB has 4 drugs in their pipeline! WATCH WATCH WATCH!

HDY has rights to drilling for oil in 27,000 square miles of ocean.

VMGI has our money!

You decide. (But don't be dumb enough to buy more VMGI garbage stock. Without knowing how much you have, I know you have too much).

Thanks Chesterfield. FWIW, I would avoid Facebook stock more than anything. IMO, there is no way the company has a marketcap of $100 Billion (which is the valuation at a $45 pps) and how much can it grow? There are already millions of worldwide subscribers and it is a free service. I am exceedingly leary of cult stocks, and it seems to me that is all Facebook will ever be. If the IPO pps started at 10.00, I might think differently.

Anyone care to comment? I say it is WAY overvalued.

No, all you're doing is showing how foolish you are. NAVB pops and explodes just when people least expect it.

You might want to reconsider such foolishness.

Well put. The shorts pound away to create a temporary decline in the pps and informed investors add shares and make guaranteed gains.

I think the stock will close above 1.00 everyday this week with the good news coming out of Greece.

Hi Chesterfield.

What other stocks do you suggest?

Ever heard of HDY or NAVB?

Yuri and CNBC can mention NAVB at any moment.

The talk of a bidding war or a buyout can resurface at anytime - and with 4 products in the NAVB pipeline, what a company to acquire.

PLEASE - can we see 2.50? I'd like to make even more money on newly acquired shares!

3.00 will come right back on the next PR - maybe a head and neck update regarding expanded Lymphoseek use, maybe one of the other products is further along in development than we know. NAVB news often comes when it is least expected BUT IT ALWAYS MOVES THE PRICE N O R T H!

The shorts drove NAVB down to 2.61 seven weeks ago only to see it snap back to 3.00+. They have not learned from their mistakes and as they add to their losing bet, the pain they will feel in August or September only worsens.

I expect that the company will be releasing steady news PRIOR to September 10th which will support the pps well in advance of the FDA decision on Lymphoseek. Enormous gains await the NAVB buyers of the past 3 weeks. And imo, ASCO will be a huge plus for NAVB this year. BUY THE DIPS.

Thanks shorts!

The HDY short interest has increased by more than 1,000,000 shares in the most recent update. This is a bit surprising considering that the price had become so unbelievably low I thought some covering must be happening. I guess not.

We will know soon if there was more shorting that caused our recent decline into the .50s and .60s. I'm thinking definitely - and most certainly, foolishly. They should have been covering in that .56-.75 range. They may not see it ever again. Excessive greed has a way of making itself defeating.

I hope you realize how sarcastic I was being in that post. The stock is moving up because it is undervalued, the insiders know so, they put their money where they knew they should and bought shares, and the stock is a winner.

GLTA.

That would explain why we see huge blocks and steady buying on some days - with near zero volume days on days like today.

I'm disgusted with this company but still hold 117,000 shares.

Excellent post. I haven't posted in a while, but I only hold 8,000 shares of VMGI. Veve does nothing to build shareholder value. The stock traded much better as a mining company. I want to very humbly and cordially suggest two stocks to watch:


OFF TOPIC

HDY - Hyperdynamics (A Houston based oil company that is bargain priced under 1.00 and is volatile in a great way to make daily gains.) FWIW, I hold 15,500 shares. I post regularly on the ihub HDY board. There is an absolutely huge short interest of 24,500,000 shares with an outstanding sharecount of 166,000,000. Many longs expect one heck of a short squeeze sooner than later.

NAVB - Navidea Pharmaceuticals (An Ohio based pharmaceutical that is expecting a favorable FDA decision on their product Lymphoseek by September 10th). FWIW, I hold 12,300 shares.

Am I suggesting that you buy? No. Do your DD and then make a decision. I have 80% of my investment accounts in these 2 stocks and I trade them quite regularly for gains. WATCH them if nothing else. I think you'll be impressed. FWIW, I bought 5,000 shares of HDY today at .85 and another 5,000 at .79. I expect to make at least $400 by selling the 10,000 shares within 5 trading days.

As for NAVB, I added 1,000 shares today at 2.91. There is a huge short interest and the stock continually rebounds when the shorts appear to be artificially holding it down. The ASCO conference coming June 1-5 should boost NAVB above 3.00.

WATCH these two stocks and be impressed. If you don't buy, but at least watch them for a week and see what I mean, feel free to give me thumbs up. If I prove to be wrong, I'll take the kick in the gut - but I'm confident about these 2 stocks more than any others I know of in the entire market.

GLTA.

Well then, the stockhideout crew was responsible for allowing me to sell 30,000 shares for gains and the opportunity to repurchase them for less than I originally paid. THANKS!

Care to run HDY to 1.25 tomorrow "stockhideout crew?" I'm ready to trade if you are.

Well then, the stockhideout crew was responsible for allowing me to sell 30,000 shares for gains and the opportunity to repurchase them for less than I originally paid. THANKS!

Care to run HDY to 1.25 tomorrow "stockhideout crew?" I'm ready to trade if you are.

What a day! I see no reason to believe that the surge yesterday and today was retail investor buying (why would the general public or new investors buy without a PR of somekind?) - It's far more likely to be short covering, institutions, or even Blackrock. While we closed at .79 instead of above 1.00 like we all hoped, the past 2 days are VERY strong evidence that the stock is alive.
Congratulations to all buyers in the past week!

I have reposted my post #11752 below. Like I thought, low volume could move the price right back up.

MY POST 11752
Getting the pps back over 1.00 should not be that difficult. I do not expect (or believe) that Ray and company will choose a reverse split. It will not benefit the company or shareholders.

Insider buys are an obvious great sign, but it has been relatively low volume that brought the pps from .95 to .62. Over the past two weeks, the volume has averaged less than 2,000,000 shares per day - with many days of volume under 1,000,000 shares. Accordingly, any real volume could reverse this negative trend overnight.

I still don't understand what the shorts are waiting for. Covering under 1.00 makes them a bundle and we have all seen what Ray Leonard can accomplish when he has a positive development to release. The farmout news took HDY to 1.30 almost immediately. WE NOW TRADE AT HALF OF THAT RECENT HIGH FOR NO SUBSTANTIVE LEGITIMATE REASON.

Insider buys take shares out of the float. This is good.

Shorts have to pay interest on the shares they borrow. I re-emphasize my question, Why don't they cover and declare victory? The interest they have to pay on 24,000,000 borrowed shares must be astounding. They should invest that money in shares and go long instead.

Shorting more now to artificially hold the price down seems risky in the face of Bank of America's new involvement with HDY and an imminent farmout deal that could be worth hundreds of millions of dollars.

Now we have low volume surging the pps back NORTH where it belongs. Hopefully, the foolish weak hands are out and smarter BUYERS have returned.

Enormous potential here. No PR of a deal and we are up 25%. Another up day tomorrow seems imminent.

Let the good Lord hear me.

GO Baby GIANT! Up to .78 on only 1.15 million shares!

It will be interesting to see if we get at least one day this week with volume of 250,000 shares or more - and at least a visit to .04 again. I am expecting both at the same time.

Does anyone else here think that ASCO could send NAVB to 3.50?

I know I do.

GLTA.

Does anyone else think that ASCO is going to be GREAT for BVTI?

All of the recent company PRs are pointing to amazing data, a major deal being closed, and submission of the BLA to the FDA this year, not to mention Canada and the EU.

Great things to come, and soon.

Thanks Rule62.

What do you say currently Randy?

Getting the pps back over 1.00 should not be that difficult. I do not expect (or believe) that Ray and company will choose a reverse split. It will not benefit the company or shareholders.

Insider buys are an obvious great sign, but it has been relatively low volume that brought the pps from .95 to .62. Over the past two weeks, the volume has averaged less than 2,000,000 shares per day - with many days of volume under 1,000,000 shares. Accordingly, any real volume could reverse this negative trend overnight.

I still don't understand what the shorts are waiting for. Covering under 1.00 makes them a bundle and we have all seen what Ray Leonard can accomplish when he has a positive development to release. The farmout news took HDY to 1.30 almost immediately. WE NOW TRADE AT HALF OF THAT RECENT HIGH FOR NO SUBSTANTIVE LEGITIMATE REASON.

Insider buys take shares out of the float. This is good.

Shorts have to pay interest on the shares they borrow. I re-emphasize my question, Why don't they cover and declare victory? The interest they have to pay on 24,000,000 borrowed shares must be astounding. They should invest that money in shares and go long instead.

Shorting more now to artificially hold the price down seems risky in the face of Bank of America's new involvement with HDY and an imminent farmout deal that could be worth hundreds of millions of dollars.

This insider buy bodes well for HDY and doesn't surprise me. I will not be surprised if more insider buys happen within the next 5 trading days.

Is it likely that HDY would consider a reverse split to retain their listing status? They need to have the $100 million market cap as well of course, but reverse splits are not usually helpful in the end.

I'm convinced that something good is coming sooner than later. No one invests $61,000 of their own money in a company in today's market if they believe the company is in trouble. And FWIW, he could have only purchased 50,000 shares and we'd probably have been happy with that. 100,000 shares is quite significant. I'm glad they listened to their shareholders and paid enough attention to the situation to make these buys.

Ray is working on things, but they happen on schedules that are beyond his and our control. We all want a higher share price and so does Ray (and more importantly, so does Blackrock).

It ain't over yet, but this is a chapter that I am also eager to get behind us.

GLTA.