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I am not supposed to be drinking,
Personally I would like to see some of my sponsor checks come in soon enough to buy some of this before the next runup .. Maybe get my bids in at the say the fifty to seventy seven range
Which,
I don't think will be anytime soon. That clown on youtube, bull warrior or whatever he is, then he say the accumulation he called it before it ran before the pr
So whoever ran it has satisfied themselves selling into the run, now, and we're in a refractory period... see?
I'd wait for the pendragon news and expect a little spike on that but until we get real news, and I expect none until we at least know what happens at the status conference, don't expect to hit the number yet
Maybe I'm new to trading but I am not usually wrong
There's no way we're going below fifty to fifty fives and it definitely responds well to news thus far
I'm comfortable buying at any fifty five to seventy seven level
Hell- it looks like it may stay at nineties for quite awhile. But, I kind of doubt that.
I think you can short pennies through IB and some other ones stateside- and, there is a broker who will let you out of the $2.50 rule--- but- shorting anything at this level seems crazy. For the love of god, who knows what the hell could happen if you short a stock this cheap- they could own you FAST
,
Brazillian wax
You just HAD to mention that
Now I have to play jimmy buffett songs and chew on my rolaids
LOL
With this not having a reason to go up, we're going to decline.. maybe when the other company in the area get news on pendragon that'll help us, otherwise I can't think of why it would rise.. Unless we get a PR which I doubt at this point
That said, it doesn't seem to do a lot of volume when it's falling for some reason
But even me, being very new to this, even I can tell you that the stock isn't going to go up without a reason for it to go up. Most people aren't going to buy "just because it's going down"
That's true, it sure ain't trading much so far today
Well, it's printing 98s and 93s this morning... welcome to hell
Maybe I will end up picking some more up if it goes down quite a bit
I miss the days when I had spare dimes
So much :(
I'll be throwing a few hundred more at it in a few days maybe, though ;)
Penny seems like the hard line, at least for now.
When the bid went to 97 nothing printed for 15 minutes, then a $24 and a $100 order went through at 97 and then it stalled again and some 104s printed
I may not be an expert, but, I think the tiny 97s were suspicious.
From my infinite lack of trading wisdom and brilliance, which is a vast lack, I would be a buyer here if I had funds in my brokerage
Actual seats from the titanic would be worth a fortune now
No one seems to want to sell under a penny either
I guess
We're at 2/3 yesterdays volume within the first hour today... is that a bad thing or a good thing?
Someone needs to run this up to $6 so I can spend some time in newport beach
(*#&%()&*% VERT
Even I know VERT is bad news and I don't even know what I'm doing at all
Agreed.. I saw that, too. I just seem to like the way it was trading
Anyone have any thoughts on the coming days for WGAS ? It seemed to do fairly well yesterday..
Was I look at everything right? It looks like a lot more buyers than sellers today and they're not letting this go below a penny for some reason. Every time it went close to a penny there was huge "bid support" .... IF I was looking at it correctly. .
But then again I could buy down my all told PPS for alot less than it cost to buy the shares I have, too,
So
Hmm
I can almost see why people average down.. I think it is stupid, but I kind of get it now. If I could get some penny shares, instead of having three cents in each share I'd have 1.5 cents in each one
But
I still think that if I buy more shares- it's a new trade. So, I think averaging down doesn't make sense when you really think about it.
Oh, okay
Well I was hoping to be able to get money into my brokerage first so I can pick up some penny shares .. I don't think we're going back to a half ..... But if news doesn't come I bet I can grab some seventy fives!
It is? Who put it on watch?
I've been watching, but I don't think I weigh enough
Ha ha ha
What's the story with the strange order sizes, today? This is not trading like a typical pink... I may be new but I see them, you know, they do that super nova thing that sykesy boy goes on about. This didn't seem to be a paid promo. Sure- the PR was a little "funny" in that it left out A LOT of details, but, that adds to the intrigue. Like the person who bought $85k worth (2,666,668 shares) @ 03 and whoever bought another 2,666,667 shares @ a bit over 01
I fell asleep because I am old, and #)87%&% sharebuilder managed to sell off all of the shares I had with them, because apparently some funds transfer issue happened. That's beautiful. Well- at least Scottrade treats me better, fills my orders at a sane price, and doesn't treat me terribly. Ha ha ha
When my residual checks come in I'm going to buy some more WGAS for kicks. This is like a soap opera with women and automobiles and firearms and hikers and joe friday and some other characters... I'm loving it
I wish I could be the CEO of this company- we'd have some REAL fun, then, and no one would want to get in our way.. believe me, they'd just give up and throw their hands up in the air and begin crying if they got into my way because I am annoying and dangerous when something is in my way
Someone just put a $7 order through?
Interesting. .
Was the bid higher than the ask for a minute?
.013/.012??
This is where is even resolving everything today?
If the market opens at six, why does this always seem to start trading at exactly 9:30? Are all OTC stocks like that?
What are you talking about?
That'd be one hell of a shock, to me, anyway
Agreed. If some guarantee or whatever else was in the contract, I could see it.. But like I was saying earlier, I haven't yet seen anything to that effect... I guess we just don't know right now
I also agree that he needs to get VM settled, no matter what. Then he has 1000 options going forward.
It's pretty clear that no matter what happens the chances of unwinding the sale are slim to none- provided that all of the terms are met
They can believe all they want, heh.. Some people believe in unicorns... I don't know, there are a lot of shareholders who probably believe they should be recompensated .... I really think the judge would laugh that out of court, but I'm new to all of this so who knows
I thought about that, but, if they got the agreed upon number of shares at the agreed upon time.. I don't see any reason on earth they could do anything about it, do you?
Agreed, makes sense. I'm sure they'll want some extra for what it cost them to chase the 500 but there's no way they can stick worthington for the shares going down
That's crazy if they would end up sticking us for three and a half mil
At least it'd be settled but jesus christ that's insane
I can't imagine a judge stupid enough
The only way that should happen is if we guaranteed them share value and that would never happen
I'm pretty sure that anything can happen at a status conference.
When this wonderful state decided to ruin me with a (non civil) trial the second appearance was for a "status conference". At that point my lawyer said that we could make a deal and dispose of it that day, or go on to "pre trial" (Of course, in a civil court, things are not the same at all)
Long story short is that the longs are hoping that they'll decide to settle it and get it over with.
My take is that montecito wants VM179 back because they found out about EXXI being in the area after the sale.. They also may be complaining because the stock split after they got shares. They also may be complaining because they didn't get 500k of the $2M
Do I have all of that about right?
It sounds like Monte's legs are broken in the first place, to me. I don't think they'll manage to unwind the sale. I've not heard any compelling reason they would. We just have to find a way to get rid of those clowns
Well, so long as that guy who says she is a "smoking hot model" says we're okay, I'm thrilled. Ha ha ha :)
Why does everyone mention this sierra, from time to time? Is this site important or something?
I don't expect this to do anything but decline until there is more definitive information but I also don't see montecito getting away with the "I'll sell you my automobile but you can only keep it if it breaks down" stance, either.
What we need to know is what angle monte is using.. Are they upset because the stock split(why would they expect a guarantee about stock received?), did they not get the remaining 500, etc. In my mind if they had some clear cut actual coherent reason for unwinding the sale- it'd have been done by now. If there was something in the contract actually allowing them to unwind, it'd be done.
The company being in debt doesn't bother me because debt is to the oil business as water is to fish, BUT, if there is nothing at all coming in from anywhere- that can't last forever.
What needs to happen is for monte to either be put to bed OR if they actually have something on us, get them on board. Offer them a piece if we have to but get them the (*#&$#%&^ out of our way.
I also would LOVE to know who keeps buying 2,666,667 shares. The other day for $85k worth at over three and then today $30k worth at around one?? What in the world is that? THAT smells GOOD to me. . Smells more like a beautiful woman than it does a feed lot
Either way I'm extremely screwed financially and I threw a few hundred bucks at it. "Greyhound don't float on water" and I get something interesting to read about every day. What the heck and why not! If it'd take off I can go and be somewhere with women and palm trees - if it doesn't, "I can't get no poorer" anyway LoL
I can't even imagine the set of "guts" and how far those "guts" must hang down or what they must be made of for someone or a group of people to try such a move. I sell to you, find out what you have is good, I want my bananas back?
That's like trying to take my chips back after I make a bad call in a poker game. Oh, just kidding, I uncall. Sure.
IF things went down the way it looks, wow. The oil business for one thing is not for the faint of heart. Well, it didn't use to be; from what I had heard from family. I'm sure it's not all rainbows and butterflies making babies, even now.
Even with me, I am the nicest guy on the planet, but I could not imagine what I might do if someone tried a move like that, on me. Court would be adjourned before it started- LOL
This is all so interesting.
Perhaps worthington and monte are waiting for results on pendragon (or one of the twos of them is) before they decide what to do, for sure.
I could see monte waiting for the results in order to decide how much it's worth spending to fight worthington.. makes sense to me.
Monte doesn't seem to have a snowballs chance of actually unwinding the sale. That said- the caveat I would add to that is that it doesn't always matter who's right if one side decides to tie things up in litigation.
Also- if montecito was going to step up and actually make a case and do anything, it'd be farther along and more significant, by now. That's my uneducated take.
Anyone have any idea of how to find out how far along pendragon is? It was about half way to target last we heard? Does merlin exist? Is it started?
How many shares were in the float when the promotion was happening? How many, now? Anyone know?
Well, I can't imagine that they'd be allowed to just unwind the sale without giving worthington a chance to pay the 500 ... if anything they might be allowed to tack on some interest/legal fees but it kind of seems like, to me, more wells ended up in the general area and monte suddenly thinks "Um, hey, we sold too cheap" and looks for excuses to challenge the sale
I mean, unless the original sale contract said it'd be forfeited if not paid by X date. But I've seen nothing to that effect
I never did see anything about WHY monte challenged the sale in the first place. You have to have one hell of a damned good reason for unwinding a contract, for sure. Was montecito paid as agreed?
Hey I would like to ask why an order can go through for 10x the current trading price without filling me when I have sell orders in at around 5x the current trading price..
Can anyone tell me? I don't think the order was AON- I saw a $9k buy go through at around .18 when we were trading at around .018 (And my orders had been in for quite some time)
Thanks
Well, no, I tried to grab some 0001s but it wouldn't let me
I don't want a piece of the infinite twos
lol