He once visited The Virgin Islands... they are now called The Islands
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I am more concerned about o/s than news. How many shares have they sold recently. What is the current amount of outstanding shares. This is more imprtant to me than when the PR is coming out. The PR will come, but let us be informed investors too!
Selling was somewhat limited today. I also think it was a strong day. Tomorrow should be fun to watch.
The spread is a good thing I guess. Now when is that PR that someone promised this past friday coming out? They said update after 1Q right? I am curious what the PR will say.
Stick with beer. You don't need a prescription, you can take as many as you want (until you pass out), and you don't feel any of the losses from playing penny stocks. It is a win - win all around.
Nice action today. Lot of buys at .0006, small buy at .0007- i think we can break that tomorrow!!
I'm going to grab a beer.
looking strong in the afternoon for a change!!!
64 Uranium Mining Claims as of April 2, 2007
Lets see if this news triggers a run. The last news release pushed the stock to .0014 .
Thanks for reply. Volume has dried up recently so that could mean they stopped selling shares, or no interest in the stock, or maybe a little of both.
Does anyone think there are still 112 mil outstanding shares? How many shares are short? Just a few thoughts I was having.
Ironically it is from the same link given before for the chart analysis!! I googled "ILGY stock forum" and found it a few down from the top.
no problem. They have ILGY as their pick and they think it is going to at least double from here.
Have a good weekend all. Looking forward to Monday and beyond.
I'll copy and paste from there. They have ILGY as their pick for next week:
ILGY - We'll post a chart shortly on this one. It's 52 week low was hit recently. Much like PMCL last week the volume in the afternoon was strong and mostly buys. It started the day at .0004 and finished nicely at .0006 . This was the stock I was talking about watching this morning. This is our next 100% - 200% stock. The bid is at .0005 and the ask is as .0006 so the .0005's are still there, but we don't think they will be there for long. Check out this PR form the end of January.
CEO David Watson stated: "The oil fields being considered contain proven reserves of 140,000,000 barrels of which our Company is entitled to 70,000,000 barrels by virtue of our joint venture with the Kazakhstan government. At US$30 per barrel, this translates into US$2,100,000,000 in revenues for our Company, and on a discounted basis, this could add at least $1 to our share value."
It catapulted this stock to .005 . If that happened this week that would make this stock pick a ten bagger. Not to mention tensions with Iran are sending oil through the roof. The moons are aligning for a perfect storm. This stock is also on the naked short list, just like PMCL.
We are going to be a little more conservative here. We are looking for .001 by weeks end. Please do your DD,
I emailed the company this afternoon and have yet to receive a response. I guess after all the money they've received diluting this stock they could not afford a decent investor relations person, instead they are all off getting lap dances in a foreign country.
Who wants to start a penny stock shell company with me?
Monday and the whole week should be fun. I read something about this stock in another forum, don't want to post it here, unless I am assured that I won't be banned. Either way I think we are gaining some attention and the momentum to move!
That 100k was not me. I'm savin my dough!!!!
I am looking forward to the coming weeks here. Good action today!!!! and good posts. now I think someone can't post here anymore... right?
Excellent. I viewed this as a bottom pick. But usually when i buy and think it is the bottom, the thing drops 50-75% more and I really find the bottom. Maybe my luck has changed? Or maybe someone is letting me be happy this weekend and this stock will tank Monday!
I like this for a 100% to 200% gain over the next week or so.
Where is that pr we were promised??????????
hang on I'll make it:
News Break:
unranium-jellybeans has just taken a position in ILGY. Please dump your shares immediately. This poor sucker hasn't purchased a green stock in years.
Actually I just made a killing in PMCL. looking to do the same here. GL all!
News.. we just has some great reasons for a rise. Someone or a whole s-load of people are dumping. At least it isn't 50 mil like the other day, but obviously it is all selling. We have light buys at the open and a pile of selling as the day goes on. At this rate we will see .0007 and .0006 before .002. At any rate I enjoy the prospect of a rise and the posts on this board. Keep up the good work.
Is there any chance of this stock moving out of this sorry range? I realize it has been a huge dump the whole way, but is a bounce possible here or is this stock completely dead?
hahaha ok lets talk! RSDS is a glowing stock!!!
$.40 to $1.00? That would be pure insanity. Actually I would probably go insane. Now is that after r/s or with 500 mil+ of outstanding shares? Personally I'll take any appreciation right now. Closing up .0001 was good news as far as i am concerned. If we close .001 that is great news.
But $.40 or even $1!!! Forget it I'd probably flop over dead from a heart attack. I would have sold my position way to early and ended up a few thousand dollars richer, while all of you became millionaires!!
even if it is fluff don't you think a pr will move this one in the right direction?
Lets break out of this slump first. Aside from brief buys when the pr's came out this one has been selling off like crazy.
Do we stay above the .0007 level? I think this is the low water mark. If you look back to earl Feb. the last trades went through at .0007 ----> then it went from there over a few days to over .007! Anyway i don't forsee that type of run iwth all the additional shares out there, I also might suspect it drops again to .0007, but i'd a rather watch it go from here!
Sounds good to me gravy. Frankly I'll take a slow roll up, instead of a pop. Wating to see if afternoon selling returns or not.
Loof you are on fire today. I get chills reading your posts. Keep up the good work. Tuesday was the same. pr released... buys all at the ask and then it dropped. The drop continued yesterday. i think we've seen the bottom for now!
Is this the bottom? This stock has been trading sideways for some time. Anyone thing .0003 will be hit again? Possibly go lower than that?
Loof in your posts yesterday it seemed like you were pissed. has that changed? I completely agree with you. As long as Berman isn't using the cash for nights out or lap dances (maybe occasionally) then selling is alright.
But why not wait for this to go a little higher? Surely dilution would be less if the price were .003 , unless he's in a hurry to get cash before the mines he is looking to acquire increase dramatically in value?
Loof did you check the trunk? Plenty of room back there. Any guess on the low today? We were on the verge of .0007 , I put a nice offer in and the bid went up to .0008 almost instantly. I think I'd rather have the PPS go up then get more shares at .0007 - Either way lets hope the massive sell - off in the afternoon, most notably after 3pm was due to those who got in the other day at .0014, and saw their investment drop 40%, and not 51 million additional shares outstanding, although I imagine at least 10 mil were cash producing for the co.
Once again jimbob a great read. Even if you aren't in this stock I think it is an interesting article... but since we all are in RSDS I find it that much more of an interesting read!!!
Loofman I see your point. I can also understand your skeptisism or however you spell it. But the BOTTOM line for now is the BOTTOM has been hit. I saw a link to a NY Times article today reporting how the hunt Uranium Mines is being compared to the gold rush. The New York Times said that! Not some local $.35 newspaper, but a nationally published newspaper. That might be bigger than any of the pr's that this company has released. Uranium Mines is what the gold rush was back in the 1800's!! Tell me that doesn't send chills down your spine. At worst this co. has a portfolio of mines already, without having to go out and get more.
I think this goes up again. Will it r/s? Probably. The o/s has grown significantly just in the last month. I think tomorrow will be a telling day. If we go up we will go up strong and hard. But if we dip below .0009 I think we might see .0005 and I'll be right there backing up my rusty Toyota Pickup.
dak and jimmbob - excellent posts! I have been adding all the way down. Now I will be holding all the way up. This one is ready to pop!!