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He should get a blanket party!!!
The daily list shows the announcement of the RS at 1a.m. I would hope they would therefore be forced to use the closing price prior to the announcement. Does anyone know what the regs. State for this?
When they calculate the new share price what will be used as the base conversion PPS is it Fridays close?
All true! At the end of the day we are an inconvenience! I mean really if the investors here owned Dow or alcoa or I don't know GE would they be calling the CEO and expecting a response! If you call a pink CEO and get a response I am starting to think that is a sign to sell. Nothing better to do than reassure some schmuck from anywhere USA that his 4k investment in a couple of million shares is gonna go "to da moon" please. Tells me he is sitting behind his desk twiddling his thumbs with nothing more important to address. Scary!
I am starting to believe that no news is good news.....the fact is our wants and desires really are disconnected from the smart play I believe. Take Renfro, highly successful in his previous ventures, driven obviously , an ego which drives him to be successful and a complimentary background to pull this off. In the grand scheme of things how much oil is really getting pumped right now? Not much in comparison to peer companies, however the upside potential is enormous. Would you not keep silent? Continue to tap the available resources in your portfolio which takes time as we have learned from industry posters and then release the flood gates.... If a PR today could triple or quadruple the PPS then what would the same PR do with the market in full swing after the summer. Which by then would also include multiple wells converted from shut ins to operational. We all give Renfro tons of credit and many have said they only invested based on DD that proves him as a reliable and time proven business man. Again if you were in his shoes what is 30,60 even 90 days of work,waiting and silence worth. I say it's priceless.....do you want .28 cents today or 1.50 in September. Using pac fans DD as a basis in comparison you will find many industry peers with a lot less potential trading in the dollars in the OTC market place. Look at union town for example and there are many more examples of compnies with not nearly the stable of prospects of the proposed merged entities as well. Well enough with my diatribe....you've plenty of time buy the lows and take advantage of Other posters cheering to make some money in the interim.( the "well" use isn't intended as a pun btw.) good luck to us all!
Hope I am wrong folks but I am thinking we will be strung out all summer. Then a big payday.......
No offense Tide but based on your stated track record could we please ask you to sell today so we CAN get some news on Monday! Lol
Admiral what percentage of the gross profit will Brazos receive off of the Cameron parish lease?
Peace and quite is better than crying and whining in my book! Without news there is really nothing to discuss. Imo
Did you bother to read it? They can and should put out an update!
It's a dream!
Gentlemen how is everybody doing today? Well sadly I must report that I have discovered a new investment strategy that I believe will make me a much happier investor so I will be selling all of my shares today. If any one else is interested I have copied the strategy Below with some case studies just in case anyone else is interested in improving their outlook.
If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.
Based on the above, my current investment advice is to drink heavily and recycle.
SAN FRANCISCO (MarketWatch) -- Crude-oil futures turned higher Wednesday as government data showed inventories had dropped. Earlier, oil futures had slumped on a pullback in equities in the wake of weak U.S. economic data.
Crude for July delivery (CL1N) rose 39 cents, or 0.4%, to $99.79 a barrel on the New York Mercantile Exchange.
The Energy Information Administration reported U.S. crude-oil inventories for the week ended June 10 fell 3.4 million barrels. Gasoline stocks rose 600,000 barrels.
Analysts polled by Platts expected the EIA to show a decline in crude-oil stocks of 1.9 million barrels and a rise in gasoline stocks of 1.3 million barrels.
A report from the American Petroleum Institute late Tuesday showed crude-oil inventories fell 3 million barrels in the week ended June 10.
Earlier, a 0.2% rise in U.S. consumer prices in June and a sharp drop in the New York Federal Reserve's regional manufacturing index both weighed on the broad market, raising concerns about energy demand.
Moderately positive economic reports out of the U.S. and China, along with a weaker dollar, had fueled a rally of more than 2% in the previous North American session.
Analysts at Barclays Capital said "oil demand remains very well supported," with Chinese data for May still painting "an extremely positive picture for underlying oil demand."
"We would expect International Energy Agency and the Organization of Petroleum Exporting Countries secretariat's projections to get revised higher over the course of the next few months, with a potential boost to diesel demand from the ongoing hydro-shortages providing a further boost to oil demand relative to expectations," the analysts said.
The dollar gained on Wednesday as euro-zone debt fears resurfaced. The dollar index(DXY ), which compares the U.S. unit to a basket of six major currencies, traded up at 74.99, from 74.30 late Tuesday.
I think you may have hit the nail on the head! The reason we haven't heard from Renfro is his tongue is stuck to a lamp post! On a double dog dare of course, from Johnson would be my guess! Lol
As a college student I thought you would appreciate the below investment advice:
If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.
Based on the above, my current investment advice is to drink heavily and recycle.
This sucker has been bouncing around like a Mexican jumping bean! Which trend is it reversing the jump up or the jump down? Lol
I was told that that is auto calculated and that it is almost like putting someones birthday into your calendar with an alarm reminding you. Therefore if the dates were not updated then it means nothing, as Pro Trader stated . then it's a situation of garbage in garbage out, as they have changed their fiscal year end.
I believe any type of PP would be offered at a discount to the current PPS. So does it really matter what the current PPS is ? My guess is yes, the higher the PPS is the more $ the PP would be, but anyone taking on a PP would most likely want to see a PPS with some stability. I would think you may expect another pump before a PP and then sideways movement from there. Or is this the sideways movement we are in now? The PPS is up substantially from April and early may ,right?
Hey PAC and welcome back! As we know the Cameron parish is producing right now for Renfro do we know what the split is on GP between the school and Renfro?
Again let's hope not! Johnson was until just recently also working on a R/M and that just fell apart. That in conjunction with Johnsons horrible track record lends little support to the concept of Renfro learning or following in Johnsons footsteps,Renfro I believe is better than that. It's bad press to associate the 2 of them,well at least for Renfro. The only smart move Johnson ever made was promoting Renfro to CEO.
From what I have read it's probably best if there is no connection and let's hope that Renfro did not learn anything from Gordon as he has a poor track record in the business world and has previously run his business into the ground.imo
Hey wolf, I believe it's 50/50 on GP not rev right?
You guys can't possibly be that obtuse, can you? How many people have contacted FINRA from this board? At least 3 recently and what have they been told? Nothing! Why? If you want to know why it is not wise then look up his post referencing it and read it! If you don't agree then that fine sir is your prerogative.....
That was a reference to contacting FINRA sorry for not being being clear on that...
I think that the only question that need be asked is has documentation been submitted to them from BRZL for approval. As to whether or not they can even answer a rudimentary such as that I don't know, however please recall that the Admiral has said on a few occasions it is not wise to contact them.
Lol yep that's me! Lol
Well said Master! May I try and snatch the stone from your hand! Lol all kidding aside you've offered numerous pieces of sage advice and I thank you for that! Owe ya a beer!
Please wait for the PPS to get to .0025 before selling and I will take them off of your hands but them them in as a AON so nobody steals any from me
Next to your screen that is the most salient point I have seen here yet! Marked ya for that one.
Understood and agreed, my point was more to the technicals, at this point they are all almost artificial aren't they? As all the previous trading patterns might as well have been for a different company.
When you weigh the fact that the past 2 months of trading have been based on a purported R/M and without that lure I would imagine the trading in this stock would have been rather anemic, doesn't that skew all of these indicators?
You do realize that buys at the ask report as sells? I sold 10 million at .0003 so your numbers are obviously flawed.
While it's obviously pure speculation on my behalf......I wouldn't count on that anytime soon. However speculation=volatility= profit!
If you recall he was purportedly in meetings over the weekend and had additional
Meets set early this week if it's truthful info. Therefore I would not expect anything 1st half.
Cause the mil I bought this morning is not for sale
Sierra has now or is about to begin manufacturing the Tucano in Fla. For Embraer, they will be the authorized reseller as well within the USA just as Sudamin is the authorized reseller that TADF owns. smart move by Embraer as the LAS contract is being fought over by them and beech craft and beech craft is a USA Corp. So this levels that advantage for Embraer. Hopefully they sell a ton of them and we get all the training contracts!
No risk no reward why would I not it's less than a 3k bet.I also have a hunch and I am probably wrong that something is up between them and Renfro
That would be so awesome if that were to happen!
PAC can't post he is in vegas
When looking at L2, you're possibly looking at both the retail transactions and/or trades for the market maker from his or her book. Market makers will reflect customer orders and they're also required to make a market in the stocks. I've included a link about level 2 that might be interesting to you:
http://www.investopedia.com/articles/trading/06/Level2Quotes.asp#axzz1Oneqdo22