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Looks like that Gulf water continues to heat up
Looks like another good buy
good to see 50+k volume on the uptick
had not seen that Cargo, thanks.
Cargo - I am not selling, I am just saying the overall upside potential of the upside move in my opinion would be better served from the .20 range vs. the .15
I checked some other indicators and money flow is trending up from oversold. A/D is up but slightly moving down; churning at .20-.22 would be the best for WEGI.
Cargo, Brikk, and Chevy - I will admit; this is my first play on the Hurricane stocks. Brikk, I looked at your chart, and my take on moves is that 1) your first move occurred on Mar. 19th, when the stock went from .15 to .29 on April 19th, 2) You had a small retrace over the next couple of weeks with an attempt to break through .29 on May 7th which failed as we all know. Since then the stock as been filling the move.
The overall 50% retrace from the first move would take us to around the .22 range; that is where I started buying. There is some decent volume in this range and with the break below .20, to me, represents resistance for the next move up.
Bottom line is that the technicals on this stock are terrible now that we have broken .20. Sure Williams is at .30 BUT the MACD trend lines are going big time negative with no sight to a positive crossover. My question is whether there is dilution going on to finance this purchase.
My gut says "yes I think so". And yes I am very pissed about this.
Bottom line is holding .20 is important. Has anyone called the T/A to see to check the float?
Any pre-market L2 movement from news?
We will need either a catergory one that quickly accelerates to a 3 or a slow builder that at one point is a cat 5 spinning in the gulf.
That is what will get this stock moving quickly to a buck
To be expected printmail
Hot Damn I think we are going to get some rain today. Hoorah!! It's only been over a month here in Atlanta
I didn't think so either, losses have been reduced. Just need to collect on the A/R to strengthen the cash position. Obviously they can factor those receivables if they need to.
Just need a good size storm...
Any comments on the financials for the March quarter that just hit the wires?
That's funny
When is the next R/S occurring, should be soon
what pic is that? I missed it
I think the high today here in Atlanta will be mid 90's, very early in the season for these temps. I am confident we will have many 100+ days this summer.
It's dry as hell here as well
I am hangin' but now upside down at the current share price. Breaking .20 won't be good for overall investor confidence in my opinion
this is making the technicals look like dog crap at the moment. Now I am stuck and waiting for a frickin' storm
Interesting indeed; I remember seeing that system blow up over the Yucatan Penninsula on Sunday
In addition to the Hurricane's, imagine what would have happened if those terrorists were successful in thier plot at JFK airport?
I also watched a show on the history channel that talked about terrorists hijacking a Liquid Natural Gas Tanker and crashing it into one of our ports. You are only talking about 30BB gallons of Liquid Nitrogen going up. Equivalent to a Hydrogen Bomb.
Smoke is back today; not as bad as this past Saturday though
I've heard that the smoke has travelled as far north as Chattanooga
Yes the smoke here in Atlanta has been brutal
Thought I would drop in quickly and see how the old Rap Scam was doing. Looks like pretty good when it comes to lies and fake propoganda to trick people out of their hard earned money.
Pump Greek PUMP!!!
CNN weather talked about a forming tropical wave/system in the central gulf that could happen in the next 24 hours
Link to report article
http://typhoon.atmos.colostate.edu/forecasts/2006/nov2006/
Highest
Category
Name
Dates
Peak Sustained Winds (kts)/lowest SLP (mb)
NSD
HD
IHD
NTC
TS
Alberto
June 11-14
60 kt/995 mb
2.75
2.7
TS
Beryl
July 19-21
50 kt/1001 mb
2.75
2.7
TS
Chris
August 1-4
55 kt/1001 mb
3.25
2.8
TS
Debby
August 23-26
45 kt/1000 mb
3.25
2.8
H-1
Ernesto
August 25 – September 1
65 kt/988 mb
6.00
0.25
6.8
H-1
Florence
September 5-12
80 kt/972 mb
7.50
2.75
9.0
IH-3
Gordon
September 11-20
105 kt/955 mb
9.25
7.50
1.25
24.2
IH-3
Helene
September 14-24
110 kt/954 mb
10.75
7.50
1.75
26.4
H-1
Isaac
September 28-October 2
75 kt/985 mb
4.50
2.00
7.4
Totals
9
50.00
20.00
3.00
84.8
Tropical Storm Alberto was the first tropical storm of the 2006 Atlantic hurricane season. Forming on June 10 in the northwestern Caribbean Sea, the storm moved northward and then northeastward, reaching a peak intensity of 70 mph (110 km/h) before weakening and moving ashore in the Big Bend area of Florida on June 13. Alberto then moved through eastern Georgia, North Carolina, and Virginia as a tropical depression before becoming extratropical on June 14.
Across the western Caribbean, the storm produced heavy rainfall, which caused some minor damage. In Florida, a moderate storm tide caused coastal damage and flooding, while its outer rainbands produced several tornadoes. The storm was indirectly responsible for two drownings offshore Tampa Bay. In North Carolina, the heavy rainfall caused moderate to severe flooding; one indirect fatality occurred near Raleigh after a boy ran into a storm drain. The remnants of Alberto produced strong winds and left four people missing in Atlantic Canada. Overall damage was minor.
Couldn't agree more Brikk. It is a good sign that the price advance from Friday has pretty much held. The fact that the bid support from .235 on Friday moved up is very bullish in my opinion
Alberto formed the weekend of June 9th last year? Was it in the gulf or Atlantic?
I wonder if anyone out there has a record of hurricanes and when they formed in 2006. The reason I am asking is that I went back and looked at volume and price spikes in this stock.
Couple of interesting ones:
1) On June 12th (Monday) we had our largest volume spike which in that day WEGI traded 2.2mm shares and it opened at .35 and closed at .44
2) On June 30th, WEGI traded 794,000 shares and closed at .43
Last year the volume after Memorial day was not that strong (like today). There was a gradual increase going into June 12th. I wonder if a storm formed during that weekend of June 9th.
Anyone know??
Good to see that the bid is up to .25
Wow Stevo - All that low has to do is keep itself together as it passes Cuba and it goes right into the warm soup of the Gulf. Temp is already at 80 degrees.
thanks stevo
I assume that the downward trend on the charts indicates less shear to tear apart hurricanes??
Hate to ask a stupid question....I am not a weather person and so I don't understand the 4 shear charts that are just above the messages.
Can someone explain those to me?
thanks
I got all of my shares so I am in, thanks