With all of the new eyes, new buyers and huge volume this has had recently had I just don't see this not holding some decent level for awhile..

All of the profit taking and capitulation(which I don't understand) market maker tricks and everything else have had time to settle down, I think? I told myself I wouldn't go above seventies but the way it was trading yesterday persuaded me to go up to 86 .... I hope that I'm glad that I did!!!

What I could see yesterday from my retarded version of pseudo level II access made it look like the sellers were stubborn at their asks and bidders always appeared, there never wasn't buyers.. they were also stubborn and it looked like a game of chicken.. to me

Not expecting any huge gains at all any time soon without news and I'm very new to trading but I would love to see this hold at around the penny level.. that is all it will take to make me pleased for now!!

I know that I am in a bad spot since I bought some at .03 and my average is still .014

If it does hold the penny I am going to try to make someone give me a few grand to buy some more. Yesterday I know I could have paid less than eighty six- but I kept adjusting my bid up and down from what I could see what available and printing and I didn't do all that bad for a new guy, I think.

A few times I became high bid and pulled it back when they would not print me- finally I jumped on the bid and got printed... So I think I handled it fairly well??

Thanks, you must be right because I couldn't become high bidder no matter what I was willing to pay with AON on the order.. without AON I was represented instantaneously

I finally got filled at 86 ..... for some god unknown reason it sold me 39930 shares at 86 and 70 shares at 85 but if my broker tries to charge me two commissions I am going to jump up and down on their forehead (I don't think they will though)

PS: I think it may be because I'm using thinkorswim
This is all it shows to me:

Jesus
They just are NOT willing to sell today

That's me
When I take the AON off I can see myself on the ask instantly.. I know it's me because I changed the size to 34999 and it changed

What MM is representing my order?

It's sitting there with 100k bid @ 88 and I try to buy 30k @ 89 and thirty seconds plus later it jumps over me and shows a 20k bid at 90

It skipped me!!

I can only see one BID / ASK at a time because my LII is TDAmeritrade .... it doesn't show MMIDS or all of the bids/asks

Not sure what happened there.. I want in
Do they not like AON orders
Do they not like odd sizes
What?

This is like a mexican standoff

Something is definitely going on here
I'm a buyer at 008 so fill my 39900
I like odd order sizes
I think the MMs don't though

How many of those were released intraday and how many after close?

Buy 44,444 Limit $0.0071

Can you see me on the bid? I'd be curious to know what MM represents scottrade... I guess it won't always be the same one though

Funny you'd mention that.. I felt it, too
Like in a movie when everything stops and then starts spinning in slow motion and then BLAM something happens

I'm curious, too
I don't remember it saying the thing about turn around mode before, I think

Wow, if you look at this http://www.mightymarkets.com/regsho-daily-short-volume-lookup.html/ it looks like the actual number is way down (as I understand it, the percentage on otcshortreport is the % of the volume each day that was short)


March 1, 2013 1247736 3180981
February 28, 2013 846463 4509366
February 27, 2013 758850 3378564
February 26, 2013 961396 3022537
February 25, 2013 1863236 6654650
February 21, 2013 3537498 9236194
February 20, 2013 2820709 8299715

I'm not sure if otcshortreport is accurate but it says there was 39% short on the last trading day... I think that could explain why more sales happened at the ask, no??? Data for the 29th seems to be missing but the percentage doubles from the 28th to the 1st


Mar 01 39.22% 0.01 0.01 0.01 0.00% 1,247,736


Feb 28 18.77% 0.01 0.01 0.01 0.00% 846,463

http://otcshortreport.com/index.php?index=WGAS&action=view

Well, it seems like a power struggle between two switches when I look at these charts lately. You would think that bulls would be more dominant ALL of the time, wouldn't you? The bears must have learned how to use guns, I suppose, do they have opposable thumbs?

I just crawled off of the slab, still on my first cup of coffee and if someone doesn't sell me my sixties the bulls AND the bears are going to GET IT. Mdk. Mdk. Mdk. Grrrrrr.

There was a-lot more trading at the asks than at the bids yesterday if I read the thing right.. I hope it falls a little more so that I can pick up some sixties!! Let's wait for afternoon for that PR if it's coming ;)

I'll believe that when pigs fly and it's not a geico commercial

What PR?

Why are they talking about a PR tomorrow? What in the world would make that happen? Am I missing something... I thought they usually did them after mkt close..

Do we think our new support might be seventy? I'm thinking about I'll probably wait to see if it goes down there and doesn't break it and if it does, waiting to see how cheap it can get

Sorry for re-asking that
I have a billion tabs open and an upset woman on the phone and I was working on 1000 things

Oh so as of now the float isn't certain to be 139,860,000??
I took "non restricted os" to mean float

Yeah if the printing press is running that hot I might not even want those sixties :(

I thought they couldn't just add to the float selling new shares into the market without a waiting period- is that wrong? Sorry but I'm very new to this

Thanks for posting those numbers (and getting them)

Excuse the stupid question, but, is "Non-Res O/S" interchangeable with saying "float"

As I understand your numbers between 2/22 and 3/01 this happened

+ 21.5M Total increase in outstanding shares
Which was:
+ 1.54M Restricted shares
+ 20.0M Added to float


But then, I thought they could not just increase the OSS and add to the float "right away" .... Am I wrong about that? It seems like if the float went up well over 10% in a weeks time that'd be one heck of a concern, no???

Isn't that like when the government decides that they have not stolen enough with strong arm taxes and they work with the fed to just print more so that what they do not steal is devalued which amounts to another type of theft since the dollar in your pocket is now worth 90 cents??? Is it the same thing?


Sorry for all of the questions

PS: Don't delete my thread, would you, whoever you are? Jesus, I hate that, plus I am asking specific questions about THIS stock and what is going on with WGAS trading... I'm discussing WGAS and these questions are important ones (to me at least)

Well, it sure as hell ain't got any reason to go up anytime soon.. Unless there is news on that neighboring well, pendragon, and my thinking that it could affect our pps is a stretch.

I'm going to be picking up some sixties if they fall!!!

Also, I am extremely qualified for my new role as CEO in that my great grandfather was a wild catter and named Merlin and that has a remote relation to a competitors company- AND- my grandfather and grandmother made a fortune with wells that were willed to them- AND- I now own a tiny fractional interest in a well which nets me (myself personally) many hundreds of dollars per decade* and the main leaseholder has made every effort to acquire this interest from me! They've made offers up to and exceeding two hundred and seventy three dollars!!


*About seventy two dollars per 360 days, except for when it's less

I was thinking it'd go back to sixties and seventies but then I realized it's never had volume like this in the history of earth AND a couple of people I think are holding millions of shares pretty tight ... And, if the conversions really can't become a part of the float yet,

I really think I want to grab some seventies if I can
Maybe even low eighties

I got a deposit confirmation e-mail a couple of minutes after she dropped the check off, too... I love scottrade!!

Scottrade is great
I just made someone take them a cashiers check and I'm good for monday bell

I want some seventy fives
No news yet .. wait till monday at 3pm
Thanks

Does anyone know if the otcmarkets.com chart is adjusted pricing pre r/s? I'm thinking it is, right?

Is the pps and the volume adjusted?

So for example oct 26 it closed at sixty, not six?

The way I'm understanding it - October 26 it closed at sixty and 290,000 shares traded

So I have to multiply pps x 10 before trying to figure out dollar volume for any day before the RS? ???

What was that one guy talking about when he said there has been 4 RS events? I don't see that anywhere.. Also- am I the only one who thinks that news on EXXI Pendragon (close to the well we're fighting over) could affect the pps of WGAS?

Eh, it'll be okay for me, I just ate a huge steak and I'm going to sleep. Everyone else should wait for it to fall some more and then load up and see what happens. I will be when I ever get some more cash into my brokerage. It'll be interesting- like that soap opera, santa barbara WASN'T

I don't understand that, at all
Looks like it's going to keep falling..

Yeah when it took out the penny I thought, here we go.. then it wasn't trading much so I thought, eh, maybe it'll hold something, but the floor is definitely the limit for now

It just has no reason to uptick right now

Was that under a different ticker/company name, or what?

There were 4 reverse splits? When the hell did that happen? Really?

The floor is the limit, now
For now anyway

Here it goes

Looks like