goingupagain
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there are swing traders and day traders still in this. they will lose soon.
don't know, someone else needs to answer you.
exactly. called a "short squeeze", right? i am voting for it to happen in a month, and look for july/aug to "heat up" and i 'ain't talking about the weather, brotha'...........
tgif to ya'!!!!
some financial guy on fox news just said that people should buy spng........
i have no problem with the mast being stored for weather reasons. we just need more clarity from mr. bendall about the financial money being raised or not and we never get anything but the runaround and it is time for someone to tell him so and get eegc's act together.
"the new application highlights the technical and financial capabilities of empire" etc. etc."
so, where do we go from here? the new application highlights the financial capabilities-well, why not just tell us shareholders where we stand in all of this? another pr, and we have more of the same----mr. bendall, please just tell us what is going on for once!!
press release today just 4 minutes ago. does not say much. especially about drilling.
spng mgmt is just keeping their options open. the a/s is increased, yes, but it is just a/s. they don't have to take the 0/s to in the billions of shares. an r/s would take care of that, but i have been told by ir that a r/s is the LAST thing they will do only if need be.
one thing we all don't know: timing of good news pr's . a possible merger, a working relationship with reckitt benckiser and the lysol "sponge" idea etc. etc.
i have seen stocks trading like mnra-at 26 cents in feb. then all the way up to 4 bucks in one day!(from 1.50,yes, but still!) and qmlm when it was qmnm trading at .0008 in may 08 and hit .075 in one day in june 08! a move of 93 times!
so, if mediacore news, this thing does not do much right now, good news in july, it goes up to .25 or more. great news-to 50 cents , just my opinions. one big great news item and this thing explodes. fun to watch what happens!!
i "second" that motion!!! do it now!! mr. malcolm bendall, make our day!
good post. yet, with good news in july and aug. this still is much higher than 12 cents. maybe not 50 cents, but not at this level. i think with good news coming it is nearer to 35 cents. and that is not exaggerating. one car wash ordered 25 times their original order from spng. i believe you will see good things coming. spongebob special shows coming and remember viacom has a 10% interest in bob. so good things coming,. imho.
thanks. i was a bit exuberant in my figures. with good news in early july this would have a chance to double or more. but i guess 50 cents is too optimistic too soon. but, hey it went from 3 cents in may 09 to almost 30 cents recently so anything can happen on good news.
question for the good people on this board: do you think spng will have good/possibly great news next week and if so, will this thing pop over 50 cents or 1 buck if the news is great? asking honest opinions and no bashers please. enough of them over on the yahoo message board which has detoriated to nonsense.
good post, howard. just so the drilling gets done. that's enough for me. peace. any new info: i know you will share it here.
pr today would be great but i am NOT holding my breath.
that's good. but drilling the first well will cost more than 875,000 dollars. i applaud malcolm's action, but getting money first to drill outright will be the way to go. the rights offering can be for future wells. think about it.
it will pull back some, can't blame folks for taking profits. then maybe later go up again.
hopefully malcolm gets the funding and has a pr stating such very soon and it does not matter if from the 50 million dollar fairy or someone else. don't need the 50 mill. : just need 3 mill to drill now and go from there.
sell now? not if i was you. i would consider it at 1 buck, half of your position that's 50,000 for an investment of 1200! and let the rest ride to 3 and then sell.
people who bought at 3 cents or less are still making out big, so it could go to 10 cents or 9 cents before good news puts it up again.
drilling is the easy way to go above 7 cents.
great. viacom was "sitting" at over 20/share, so bring on the merger!! july 6th, '09(yes, i am dreaming, but it is fun!)
good. drilling has been commenced at the bellevue is a good headline.
good point. and a merger with a big co. in the same related business could do it. here's to a 'after' fourth of july surprise(nice to dream anyway)
thanks again, sir howard.
best post for awhile. no doubt announcement of drilling would bring up the share price and get things rolling out of the "gutter" price we see now.
i do NOT believe mr. callaway, bendall, and other "biggies" will let this die.
good point, i will go with your numbers. hope that some big news of working with the lysol people comes up or a possible merger with someone in this related field of "america's cleaning co." good luck.
should say =180 million)(times 4 is 720 mill)
there are 720 million o/s. divide by 4+180 million.
drilling will move up the pps. otherwise folks can buy the shares at 2 cents.
so, i agree, a pr will move it up. a pr about DRILLING. nothing else will do it, just reality.
the one thing to remember if the r/s is too large: then the institutions will not buy into it because lack of shares: try a 4 for 1 r/s to 180 mill shares, a 20 for 1 would bring the o/s to too few shares. imo.
it would only work if it is coordinated with great news in and around it. i.e.: the r/s done and then great news about revenues, etc etc.(a connection with a retailer or whatever) but you cannot do an r/s just to get on the nasdaq, imo, because it would have to have great news mixed in with it to be effective.
just do it , vincent, and go see the queen while u are there.
explain in more detail, please.
yes, and perhaps a merger with a co. already trading over $4 and is already on the nasdaq will do the job....
awhile. but 2 mill to drill would not take long.
congrats to you vincent!
you may be right doc. one for sure: whatever source it is and from whomever: drilling needs to be done and done soon. if not june 29th then first part of july.
either by malcolm getting the funding or some other consortium of people putting together the money.
not a time for eegc to fail, and i do not believe that the "power" people will let it. too much to lose.
whatever works. just get the pps up to 10/share(Lol) or maybe not lol. :)
be glad to, when the party comes, let's get the drilling done first!!
great! here's hoping big news soon. like merging with lysol maker!! ha! but, i can dream!! might as well be big!
amen, mr. montana!! cheers to ya!