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Ben, just a word of comment. Your posts are so much stronger on down days. You pile it on so much stronger on days when the air has been already coming out, that I think many discard what you say and ,,,, probably guess that you are shorting it, and thus piling it on only to try and make it go down further.
Could be a noon - anything is possible.
I think thier (day trade gang) attention span is 7-8 days, and they wondered to the next "hot" thing on thier own. They loved doing battle with him, and may be back. All due repect to fat's efforts.
<<You really took the wind out of those pumpers he more than likely paid really good money for>>
I think you are right. Good PR and back up over .05 pretty quick, remember how many bough at .06. Wonder how many still holding, and hoping for that move? They might add as they see it getting there to get even, making it quicker.
<<Ah .03 looks way better, With the PR we could easily go up 100% to get most ppl back to even. >>
So many more PRs planned, who knows which one resonates.
Looking back, it is plain that retireing shares and taking R/S away were the ones that resonate. I would think a good CEO and some ititial plans on his envolvement will do the same.
I would think tonights PR would be a good time.
I believe they had him picked before they announced search in order. Just closing the agreement, and plan the release of Pr to gain max PPS growth.
<<The new CEO will have 30 years experience in
oil and business.
hhhhhhhhhmmmmm....how do they know 30 years?
they must already have someone picked out. >>
The wild card is the new PRs scheduled. With everything going on AB msut have one a week planned out for well into July. The question is, how are they taken. SOme have made the PPS goin up dramtically, and other people sold the news.
OOAG Summary 6-8
6-8 open .47 end ..0376 -20%
6-7 open .051 end .047 - 7.84%
6-4 open .047 end .051 +8.51% someone was right at .015 per week
6-3 open .057 end .047 -17.54% pull back
6-2 open .0441 end .057 +29.25% high of the day .0698
6-1 open .030 end .0441 +47%
5-28 open .030 end .030 flat - small dip in morning
5-27 open .048 end .030 -37.50% real pull back day 20 mil volume
5-26 open .034.5end .048 +41%
5-25 open .018 end .034.5 +90%
5-24 open .013 end .018 +38%
5-21 open .015 end .015 flat- pull back and recovered
5-20 open .011 end .015 +36%
Who trades 1250 shares? Strange end to a strange day.
0.0376 5000 OTO 15:59:59
0.037 6000 OTO 15:57:55
0.0377 10000 OTO 15:56:50
0.0377 4000 OTO 15:54:02
0.039 1250 OTO 15:53:36
0.037 66000 OTO 15:48:46
Happens everyday
<<Bid and ask uptick at close>>
Volume is pretty low for PR day. Everyone focused on gulf solutions?
Dr. Baily did not want his reputation dragged through mud by Lanza. So left after 2 months when he figured out who Lanza was and that nothing he wanted to do was going to get done. Came in making normal announcements on steps he was putting in place as he took over. Quickly figured out from Lanza nothing happening,,, maybe was not told about lawsuit? Which was already in place.
If he were to come in, it would be a major indicator. After that history,,, he would not come in unless really getting to run a proper company. A MAJOR INDICATOR!
,,, That said,, he may not just because of the association.
So CEO brought in would be a major indicator.
Dr. Bailey - Former Exxon guy. Now running Bailey Petroleum ( consulting firm) in the area. Would he be considered?
<<Dr. R. Gerald Bailey has over 45 years of professional world-wide leadership in engineering, operating, and executive knowledge in the industry, both upstream and downstream, including exploration, production, refining, LNG, and petrochemicals. Dr. R. Gerald Bailey was the former President of Exxon, Arabian Gulf, and has held a number of executive positions and Board level assignments. Bailey has been widely published and handles consulting for a number of entities with particular insight in the Middle East and is a member of Middle East Policy Council. Professional background includes Chairman of Bailey Petroleum, Houston, Chairman and CEO of Texas Southern Oil and Gas LLC, Houston, and Partner of BCM Energy Investments, New York. He holds BS, MS, and PhD degrees as a chemical engineer, and is a graduate of the University of Houston. He is also a registered Professional Engineer.
Let's see went from .70 to to .0010 in 3 mnths after R/S 500 to 1
Pay Date: Mar 11, 2010.
Now floatng rumors. I would say scam needle on 100.
I understand you trying to warn people.
No relationship to this board though.
You were right. That is why I don't trade off my predictions,,,trade to get into all free shares ASAP. Then equal money in pocket as on the table. Someone walked this down. Wondering if Barnett selling into the news,, now buying back?
Good questions fat. No bash there. But I see huge move to admit someone more competent needed. real oil guy will not come in to sit at desk and open envelops with royalty checks in them.
Scared the cr-p out of people, and someone is now buying them up. Building a position. Who is to say it is not AEB? Real bump will come when they announce new CEO.
Lanza's company jumped almost 400% (4 to 15)when they announced bringing in Oil CEO - Dr. Bailey - Former Exxon guy. He lasted only 2 months before the stench of Lanza drove him off. Did not want his reputation ruined.
<<Dr. R. Gerald Bailey has over 45 years of professional world-wide leadership in engineering, operating, and executive knowledge in the industry, both upstream and downstream, including exploration, production, refining, LNG, and petrochemicals. Dr. R. Gerald Bailey was the former President of Exxon, Arabian Gulf, and has held a number of executive positions and Board level assignments. Bailey has been widely published and handles consulting for a number of entities with particular insight in the Middle East and is a member of Middle East Policy Council. Professional background includes Chairman of Bailey Petroleum, Houston, Chairman and CEO of Texas Southern Oil and Gas LLC, Houston, and Partner of BCM Energy Investments, New York. He holds BS, MS, and PhD degrees as a chemical engineer, and is a graduate of the University of Houston. He is also a registered Professional Engineer. >>
OOAG Summary 6-7
http://www.marketwatch.com/story/omda-oil-and-gas-inc-provides-several-key-updates-including-a-nationwide-search-for-an-oil-and-gas-ceo-2010-06-08?reflink=MW_news_stmp
MIDNIGHT PR - ABOUT ADAM BARNETT LEAVING AS CEO FOR OIL AND GAS PROFESSIONAL
6-7 open .051 end .047 - 7.84
6-4 open .047 end .051 +8.51% someone was right at .015 per week
6-3 open .057 end .047 -17.54% pull back
6-2 open .0441 end .057 +29.25% high of the day .0698
6-1 open .030 end .0441 +47%
5-28 open .030 end .030 flat - small dip in morning
5-27 open .048 end .030 -37.50% real pull back day 20 mil volume
5-26 open .034.5end .048 +41%
5-25 open .018 end .034.5 +90%
5-24 open .013 end .018 +38%
5-21 open .015 end .015 flat- pull back and recovered
5-20 open .011 end .015 +36%
5-19 open .008 end .010 +25%
5-18 open .012 end .008 -33% pull back
5-17 open .005 end .009 +300% from previous close
5-14 start .002 end .003 +50%
So you think him leaviing is a bad sign?
I thought he was the focus of all your hatred for this company.
What could the company do that would make you happy?
What makes you think it won't be hit tomorrow? MOPN gets 3 semi order from BP fro boom that they can't even deliver - have to raise the money to make them,,, and it goes up 200%+.
- win assets in court- 6 yrs
- retires shares
- take away R/S as an option
- retire more shares
- CEO with terrible Rep, takes himself out to hire on a CASH basis somone more qualified.
They reprot any kind of real numbers and this is at the what I thought were crazy numbers like .25 or .50.
IMO - You are right about the nesletters,, they will all be taking credit for it.
<<We keep throwing out that .10 number... if we see some really impressive stuff on Thursday I wonder if we can finally hit that. I really think the main reason we haven't hit it yet is because we have had many wondering about AEB.>>
You are dead on! Retired shares, took away the R/S, and took himself out as CEO. All the moves Fat would want to happen.
Me, I can't run it. Too busy standing in front of the mine drinking wine and wondering what to do with a broken belt.
<<Exactly, Alaska...it's like Adam has a list of all the grievances from old shareholders who've been burned in the past...and he's taken those grievances and he's making changes that would appease (I would think) even the harshest critic. I mean c'mon...everything that is happening with this company in the last few weeks is a shareholders dream!>>
He is trying to build this into a buy and hold listing,, not a quick trade pinkie in and out. Everyone still stuck in pinkie frame of mind,,, "like maybe we hit .10". This kind of move is much bigger than that.
Again, it looks like to me the early stages of building a dividend paying energy trust like HGT or SJT. They do accounting on assets, file income stream, everone on salary and pay out 80% in form as dividend.
I've been telling you guys for the last 2 days,, it would already be at .12 if wer not for the reputation of AEB. It looks like he realizes it too an also wants someone more qualified to work with the new assets they have. We can't all be good at everything, and if someone left me a mine,, I would hire a mining guy to run,, not me.
You got that right,, everyone flew over there,, to fly back to where they came from when PR's come out.....
Yeah, but then that would be me thinking I know what is actually going to happen. That will always get you in trouble. Instead when something runs like this - 1st goal get to free shares - then get to as much cash in pocket as on table.
Am I reading you wrong 9 hard to pick up inflection with typing), you sound a little sour on things. Having fun?
<<Would have been great to sell it al at that.>>
I would agree.
I sold a little at .0685 so how do you figure?
Nice find. Shows you how many eyes are watching.
Mostly people waiting for news, low volume- I think we see a few raids today, and rise last half hour to be prep-ed for PR release.
I think even more happens for GETG if approved. For one - the scale of dispersants and the wet lands being filled with oil, vs 3 semis of boom. Sure, first order, but the company has to raise money to make them. GETG in much better shape. IMO - with other products, if GETG gets approved $4 eventually.
<<Did you see what happened with MOPN, I would say the same will happen here if BP contracts GETG.>>
Each previous Press Release has stated when next one is planned to come out.
IMO - The kind of news that would take it to .12-.15 would make the day tradders jump out for the quick buck and the value investors come in, and the REAL moeny would come in iwth an audit due sometime before end of year. REAL money won't come in until audit of all holdiings - cash flow - income etc. But on the condidtion that happends and numbers are significant,,, .25 to .50.
Watch the video on last weeks trading and figure out where this week goes for you.
Video from ihub.
http://ih.advfn.com/videos/stock-chart/ooag-technical-chart-6-2-2010_UcbFPBpwBrM
I disagree. IMO - If he did not have the rep he does, this thing would already be at .10+. A lot has happened. 6 yr court case settled - new assets - quality accountign firm - shares retired so R/S in hands of shareholder proxy,,,,, IF he actually delivers something more of substance that reinforces that the company is on the right path,,,then the fears allthe bashers have raised melt away an it rockets up like it was two weeks ago. To be lying now would be legal suicide. Too many people watching ans real assets in your pocket.
<<I watch momentum and the L2... and honestly the rest of the company doesn't matter.>>
OOAG Summary 6-4
6-4 open .047 end .051 +8.51% someone was right at .015 per week
6-3 open .057 end .047 -17.54% pull back
6-2 open .0441 end .057 +29.25% high of the day .0698
6-1 open .030 end .0441 +47%
5-28 open .030 end .030 flat - small dip in morning
5-27 open .048 end .030 -37.50% real pull back day 20 mil volume
5-26 open .034.5end .048 +41%
5-25 open .018 end .034.5 +90%
5-24 open .013 end .018 +38%
5-21 open .015 end .015 flat- pull back and recovered
5-20 open .011 end .015 +36%
5-19 open .008 end .010 +25%
5-18 open .012 end .008 -33% pull back
5-17 open .005 end .009 +300% from previous close
5-14 start .002 end .003 +50%
They don't even have enough money on hand to make the order, have to raise it,,,,They have to show they can deliver,,, so I think it comes back for you.
I imagine the company - AEb is/ are being very careful as SEC is watching PRs by pinks and taking actions. Halted trading on one just for two PRs.
http://ih.advfn.com/p.php?pid=nmona&article=42964768&symbol=NO%5EACLH
No, people care, but you are just coming to the game late and it all has been discussed.
Company had assets tied up in court for 6 years, where the CEO did anything to stay alive. Small oil is full of Barnetts. Wild catters do anything to keep a high risk high pay business alive. All agree Barnett has been scum bag in past, doing anything to survive. Would be good to know the outcome of the case you posted. (Can you supply?)
BUT,Barnett actually does have assets now. I do not see him risking going to prison now that he actually has something. If he lied in all the recent PRs, Prison would happen quick and fast. AEB not a Saint - but it is a new situation. Just been given 150 wells, (regardless to what they produce) and his first action is to issue phony PRs and risk going to prison. I don't think so, too many eyes watching. Accounting firm checked out. They do solid work, so as mentioned to and by fat - audit will be for new entity holding assets, not for the past 6 years.
SO if PR has numbers and not just fluff----it will fly!
If gets used in gulf IMO, much higher. This company was already in $2-$3 range in 2009 based on oil approval and other products. Ran into bad economy where chains were scaling back, not risking space and effort on launching new products. Orders was for same old prodcuts and less of it.
If it get EPA approval for gulf, because of the scale of thiings there, the revenue itself would make the company profitable. All the other products would get a lot more acceptance and it could really spring thiings forward. IMO $7.50 and then someone buys them.
<<Indeed GETG just getting started and if they get International exposure from the Gulf debacle I would expect 10 X's from where it is in no time. JMO>>
Thanks Patrick. That is why I do it. It seems most here riding up and down a roller coaster everyday. This puts an overall picture on things, and I think it is important to keep things in perspective if one wants to make good decisions.
Otherwise it goes up 50% for a day and you have a day of -27% and another -7% and start feeling like you are down, or that it is headed in the wrong way. Usually do nto believe the video guys, but that chart video guy I posted earlier actually nailed it todays and yesterday's action.
<<I always am glad to see this summary. Thanks again grape. It is so easy to start thining about a stock in terms of "that day only."
This is a good reminder and always gives me perspective.
We had a strong week, and I like the setup for the week to come.>>