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I only advertised my sell one time and admitted that was an error in judgement...Have not ever done so before and will not do again...Currently, Im in (.012) and look to average down one time once we have a new base...I hope I am not to be judged by a single error in judgement that occured weeks ago...GLTY...aggie
They are producing revenue per the last PR...Due to "the weather" they have not increased production to earlier stated goals as hoped...Take that comment with a grain of salt...IMO, that pretty much sums up the price drop in my mind, did not meet production goals...I think this company still has considerable upside at this point...I'm holding and will average down one more time (As a rule of thumb, I only average down once in a pink) once we base and establish a new support level...All my opinion only, so dont blame me if it does not come true...aggie..
FWIT, dont fall in love with a pinkie stock...Play what the market gives you (the bounces)...In/Out three times since November with gains, everyone else is crying...and I expect another bounce when we get a PR about increased production or a more positive update.
TANAIL: If you post when you sell, you will incur the wrath of this board...May want to rethink that statement...JMO...Aggie.
I trade what the market provides also and was pretty much crucified for making that statement also....Accused of being a day trader and the sole reason for SPRL woes....Been in and out of this stock three times since November....Currently in and looking to average down once new support level is determined...IMO..Aggie
Picked up a small block at .006...Aggie...
Howard, you crack me up...Crying for the past month like a little girl about no PR, then we get one and you cry again...Too funny...I really think PMRX is not for you my friend...Anyone with a calculator can figure the %gold from previous PR, then amount of gold from 25KG, then price of gold on open market...Just my opinion, cause yours just sucks...
Going to Vegas for a little fun next week. Everyone push to get this baby to a nickle for me by Friday. You can bet I will be keeping a close eye....Aggie..
Very good sign that we are sticking around the resistance point of .08 and not dropping back to previous support. The closer we stay to .08 the better the chance of breaking thru and holding on the next pop....IMO...Aggie
MKGP: More news just released on Pinksheets. Profitable oil company going for .07.....
MKGP -- Maverick Energy Group, Ltd.
Com ($0.001)
Maverick Energy Group, LTD Announces Field Production Up 15%
Maverick Energy Group, LTD a member of Z2, LLC is pleased to announce an update to the Z2 well workover program for Z2, LLC (Z2). The Z2 workovers are part of the initial operations planned by Maverick, as a member of Z2, with funding from the $40,000,000 Advancing Credit Facility which Z2 closed with Gasrock Capital, LLC the latter part of August, 2006.
Approximately 16 of the 22 workovers have been completed and placed back on line and are producing. The overall daily field production has increased by approximately 15% and could increase to 300 barrels of production per day once all the Z2 workovers are completed and producing, which would represent an overall increase of approximately 20%.
"The results of the increased production from the initial reworks are as expected. Maverick is very pleased and plans to complete additional reworks throughout 2007," stated Jim McCabe, CEO of Maverick.
Maverick is the operator of the field and owns an 11.5% member interest in Z2, the owner of the Big Foot Field.
Maverick Energy Group LTD (formerly Pinnacle Group Unlimited, Inc) is the Operator of the "Big Foot Field" in Texas originally developed by Royal Dutch Shell (RDS-A). It has approximately 300 production wells in the field of which approximately 240 are presently revenue producing. PGPU/Maverick is also the part owner of several producing natural gas wells and owns additional natural gas leases in West Virginia.
Further information can be found at
http://www.maverickenergygroup.com/
or
http://www.pinksheets.com/
MKGP: More news just released on Pinksheets. Profitable oil company going for .07.....
MKGP -- Maverick Energy Group, Ltd.
Com ($0.001)
Maverick Energy Group, LTD Announces Field Production Up 15%
Maverick Energy Group, LTD a member of Z2, LLC is pleased to announce an update to the Z2 well workover program for Z2, LLC (Z2). The Z2 workovers are part of the initial operations planned by Maverick, as a member of Z2, with funding from the $40,000,000 Advancing Credit Facility which Z2 closed with Gasrock Capital, LLC the latter part of August, 2006.
Approximately 16 of the 22 workovers have been completed and placed back on line and are producing. The overall daily field production has increased by approximately 15% and could increase to 300 barrels of production per day once all the Z2 workovers are completed and producing, which would represent an overall increase of approximately 20%.
"The results of the increased production from the initial reworks are as expected. Maverick is very pleased and plans to complete additional reworks throughout 2007," stated Jim McCabe, CEO of Maverick.
Maverick is the operator of the field and owns an 11.5% member interest in Z2, the owner of the Big Foot Field.
Maverick Energy Group LTD (formerly Pinnacle Group Unlimited, Inc) is the Operator of the "Big Foot Field" in Texas originally developed by Royal Dutch Shell (RDS-A). It has approximately 300 production wells in the field of which approximately 240 are presently revenue producing. PGPU/Maverick is also the part owner of several producing natural gas wells and owns additional natural gas leases in West Virginia.
Further information can be found at
http://www.maverickenergygroup.com/
or
http://www.pinksheets.com/
MKGP: up 18% at open....Profitable oil play... .08 ...News of increasing ownership in BigFoot oil field (west Texas) and any time....Aggie...
IMO holding above .082 today would be outstanding.....
MKGP: Up 18% at open....Profitable oil play....
MKGP: Up 18% at open......profitable oil play....089
MKGP: Major Radar.....
MKGP: Major Radar...Up 3 conseq days...Profitable oil play for .07...Expect days any time on doubling ownership of bigfoot field in west Texas....
Last PR Released
Maverick Energy Group, LTD Announces 3rd Quarter Earnings
Maverick Energy Group, LTD (PINKSHEETS: MKGP) (Maverick) is pleased to announce the results of its third quarter earnings. The gross revenue for the third quarter ending September 30, 2006 was approximately $1,174,000. The net income for the same period is approximately $201,000. The gross revenue is in excess of a 25% increase from the second quarter and the net income is a 36% increase over the second quarter net income.[/B]
"Maverick has experienced solid growth in its third quarter earnings and should continue to see an increase in quarterly gross revenue through the end of the year. Based upon the second and third quarter results, Maverick should meet or exceed its previously projected annualized gross revenue projection of $3,000,000 and its annualized net income projection of $400,000," stated Jim McCabe, CEO of Maverick.
Maverick Energy Group LTD is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 wells in the field of which approximately 240 are presently revenue producing. Maverick is also the proprietary owner and operator of several producing natural gas fields and owns additional natural gas leases in West Virginia. The President of Maverick also serves as the Chief Financial Officer of Z2, LLC.
Beautiful chart....Really need to break thru the 200MA at .082 for breakout...IMO...Aggie..
Held support yesterday at .012...Hope to trade sideways until the next pop...The next level of support if .012 does not hold is .01...Everyone place your bets, we are poised for breakout if we get the right news...IMO...Aggie...
A pirate walked into a bar and the bartender said, "Hey, I haven't seen
you in a while. What happened? You look terrible."
"What do you mean?" said the pirate, "I feel fine."
Bartender: "What about the wooden leg? You didn't have that before."
Pirate: "Well, we were in a battle and I got hit with a cannon ball, but I'm fine now."
Bartender: "Well, okay, but what about that hook? What happened to your hand?"
Pirate: "We were in another battle. I boarded a ship and got into a sword
fight. My hand was cut off. I got fitted with a hook. I'm fine, really."
Bartender: "What about that eye patch?" Pirate: "Oh, one day we were at sea
and a flock of birds flew over. I looked up and one of them shit in my eye."
"You're kidding," said the bartender, "you couldn't lose an eye just from bird shit."
Pirate: "It was my first day with the hook."
Had a buy in all day aty .006...Was NOT an AON order and 0 shares filled...Nothing happening at that price...Read into that whay you may....Aggie
SPRL Chart: IMO, I beleive we may hold the same pattern we had in October - November. We traded sideways at .01 for about 10 days, then had a pop up thru the first level of resistance (50MA - blue line). It did not hold and we dropped back down to support at .01. We soon popped again above the blue line and held and continued up thru the 200MA (red line), this did not hold and we fell all the way back to .012. Traded sideways at .012 for about a week (new support?). Early this week we poped again thru 50MA blue line, did not hold and fell back to .012 support again. My hope, is the next pop will break the blue line and hold, signaling a week or so uptrend as before. Once we break the red line and hold, we are in blue sky area. The next news should accomplish that. My opinion only and probably only worth what you paid me for it (nothing..LOL). Good luck...and I promise not to post when I sell...I appologize to the board again as that was in bad taste...aggie..
MR. Sparks...I use Ameritrade and they did fill my order with 3 separate buys...
The rest of my order filled at .012...
In again today at .012...I got a partial fill at .012...Not sure why you cannot get any at .013....Aggie
Then we agree to disagree. Have had many multi baggers in the past also and have learned to valuable lesson of not being greedy. Whose to say I will not be holding once this stock breaks. I do play the chart and will continue to do so and will take what the market gives me. Will refrain from posting sells again since it raised such an uproar. You or anyone else can check my posting history to see I am not in anyway what you accuse me of being....GLTY...
11/06/2006 in @ .0105
11/28/2006 out @ .035
Days held = 22 (broke and held what I felt was resistance so I continued to ride)
12/27/2006 in @ .012
01/08/2007 out @ .017
Days held = 12 (did not hold what I felt was resistance so I sold and will reload at a lower price)
I am not a day trader. I Currently have a GTC buy at .012 which is where I see lower support. Basicly, the stock rises on rumor of news and then falls back to support when it does not occur. You really should find someone else to blame for not taking what the market gives you. The number of shares I trade (LT 100K per trade) has no effect on current PPS. My appologies if you find my trading philosophy has anything to do with your situation. Aggie.
I got out yesterday at .017 when we did not hold .018...Have another buy in at .012. Will adjust in a couple of days once I get a feel for trading range. Did drop down to .012 early today, but did not fill my order. News changes everything. Until then, play what the market gives you. IMO....Aggie.
Did not hold .018...So, I am looking to buy again in .0125-.014 range...Of course, news changes everything...IMO...aggie
You are correct. .035 was my out price last time as I ejected pre maturely ...
IMO we need to hold above the 50MA (.018) today. If no news I would not be suprised to fall back to .014-.015 short term. .012 is support, but do not see us falling that far. Higher lows with each bounce. IMO when we see news we test the .035 high of a month or so ago. Aggie...
MKGP: Money making oil play for .04....News released today...
Maverick Energy Group, LTD Announces 3rd Quarter Earnings
Maverick Energy Group, LTD (PINKSHEETS: MKGP) (Maverick) is pleased to announce the results of its third quarter earnings. The gross revenue for the third quarter ending September 30, 2006 was approximately $1,174,000. The net income for the same period is approximately $201,000. The gross revenue is in excess of a 25% increase from the second quarter and the net income is a 36% increase over the second quarter net income.
"Maverick has experienced solid growth in its third quarter earnings and should continue to see an increase in quarterly gross revenue through the end of the year. Based upon the second and third quarter results, Maverick should meet or exceed its previously projected annualized gross revenue projection of $3,000,000 and its annualized net income projection of $400,000," stated Jim McCabe, CEO of Maverick.
Maverick Energy Group LTD is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 wells in the field of which approximately 240 are presently revenue producing. Maverick is also the proprietary owner and operator of several producing natural gas fields and owns additional natural gas leases in West Virginia. The President of Maverick also serves as the Chief Financial Officer of Z2, LLC.
Further information can be found at http://www.maverickenergygroup.com/ or www.pinksheets.com.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Market Wire (January 8, 2007 - 8:30 AM EST)
News by QuoteMedia
MKGP: Money making oil play for .04....News released today.
Maverick Energy Group, LTD Announces 3rd Quarter Earnings
Maverick Energy Group, LTD (PINKSHEETS: MKGP) (Maverick) is pleased to announce the results of its third quarter earnings. The gross revenue for the third quarter ending September 30, 2006 was approximately $1,174,000. The net income for the same period is approximately $201,000. The gross revenue is in excess of a 25% increase from the second quarter and the net income is a 36% increase over the second quarter net income.
"Maverick has experienced solid growth in its third quarter earnings and should continue to see an increase in quarterly gross revenue through the end of the year. Based upon the second and third quarter results, Maverick should meet or exceed its previously projected annualized gross revenue projection of $3,000,000 and its annualized net income projection of $400,000," stated Jim McCabe, CEO of Maverick.
Maverick Energy Group LTD is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 wells in the field of which approximately 240 are presently revenue producing. Maverick is also the proprietary owner and operator of several producing natural gas fields and owns additional natural gas leases in West Virginia. The President of Maverick also serves as the Chief Financial Officer of Z2, LLC.
Further information can be found at http://www.maverickenergygroup.com/ or www.pinksheets.com.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Market Wire (January 8, 2007 - 8:30 AM EST)
News by QuoteMedia
MKGP: Another one I have my eye on. Oil play that actually makes money for .04. MACD trending up and crossing 0 line. Looks good to me, but your and SA's opinion are golden.
News released today.
Maverick Energy Group, LTD Announces 3rd Quarter Earnings
Maverick Energy Group, LTD (PINKSHEETS: MKGP) (Maverick) is pleased to announce the results of its third quarter earnings. The gross revenue for the third quarter ending September 30, 2006 was approximately $1,174,000. The net income for the same period is approximately $201,000. The gross revenue is in excess of a 25% increase from the second quarter and the net income is a 36% increase over the second quarter net income.
"Maverick has experienced solid growth in its third quarter earnings and should continue to see an increase in quarterly gross revenue through the end of the year. Based upon the second and third quarter results, Maverick should meet or exceed its previously projected annualized gross revenue projection of $3,000,000 and its annualized net income projection of $400,000," stated Jim McCabe, CEO of Maverick.
Maverick Energy Group LTD is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 wells in the field of which approximately 240 are presently revenue producing. Maverick is also the proprietary owner and operator of several producing natural gas fields and owns additional natural gas leases in West Virginia. The President of Maverick also serves as the Chief Financial Officer of Z2, LLC.
Further information can be found at http://www.maverickenergygroup.com/ or www.pinksheets.com.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Market Wire (January 8, 2007 - 8:30 AM EST)
News by QuoteMedia
Comments from chart readers who I have a great deal of respect for. Always provide good information, since they are not holding they are not biased. MACD building and RSI approaching "buy zone". Hopefully we continue to trend upwards until news breaks. Still hoping for some at the .055 level, but may have missed my chance. Actually, I had buys in for the week prior and week after christmas that did not fill.
http://www.investorshub.com/boards/read_msg.asp?message_id=16059742
http://www.investorshub.com/boards/read_msg.asp?message_id=16055978
SA or any other chart guru's. Requesting your take on PMRX. Expecting news at any moment. Chart looks good to me with MACD trending up. This board is only a week+ old and already the best on IHUB. Keep up the great work everyone....Aggie..out
SPRL: Almost have of yesterdays volume occured in last 30 minutes of session. Be interesting to see how we start off today....
Many thanks.....
SPRL: Half the days volume in last 30 minutes...PPS jumped to .014...Radar tomorrow....
Why has the Chart has been removed from the IBOX???
B/A moved to .014/.0155.......Hmmmmmm