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Amazing that no one has figured out PXD's motive on the latest court filing. They are obviously fishing for a base number for a cash settlement by trying to determine exactly who was harmed during the "alleged" fraudulent farmout and how many shares they held. They will also be trying to confirm if ANY of these folks or their families or agents bought units AFTER the lawsuit was filed.
They will attempt to separate the innocent investors from the vultures who came in after the fact to bet on this. They do this because the Vultures HAVE NOT BEEN HARMED except by their OWN HAND. This second group came into MOSH KNOWING FULL WELL WHAT THEY WERE GETTING INTO. In other words they ASKED to be deliberately harmed while this case was being determined. Yes the judge did rule a settlement has to address ALL unit holders, but that was years ago, trying to interpret that as "all unit holders now and in the future regardless of weather or not they have been harmed" is a real stretch. Investors that came into this thing @ or around .12 have in fact NOT been harmed and can IN FACT sell their holdings for a tidy profit. And you can bet Gibbs and co. will attempt to point that out.
Good Morning!!!, buying APB,FRO and EXC. A new bull market is beginning, it's time to buy quality.
Happy Trading
my guess is they will turn over seismic data and some benign notes and e-mails that have been carefully chosen and say that's all there is under oath. And NO ONE WILL BE ABLE TO PROVE OTHERWISE.
LINK-PXD added to the S&P 500.
http://online.wsj.com/article/SB122187286467259315.html?mod=yahoo_hs&ru=yahoo
you will know by watching the institutional buying if anyone is really concerned about the whole MOSH thing. Do you think Standard and Poor's took MOSH into consideration when they added PXD to the list? If so, I guess they considered the risk minimal.
MOSH will soar soon, pile on!
congrates on the rise guys.
If you bought WB on my advice, take some profit!! go buy a second house or something.
Have a great day!!!
No I went all in on WB two days ago. You will do pretty good though. This market has about bottomed good luck with your trades
thank you sir. This morning has been wonderful as well, good luck on all your trades. Hope everyone is doing well, for some reason MOSH does not seem to be moving with the market, but I suspect as people cash in in other areas they will be willing to take some risks, so you will probably see an UPTICK here soon.
Good luck to you all.
when Ron gives up the day to day pumping I will consider it, and DON"t beg it's unbecoming!
SCU up 25% PXD up, WB up 57% heh heh I had a wonderful day.
LINK-MOSH now depending on Debt alone to function, remaining revenue has been CUT OFF.
"Gulf of Mexico Shelf – Pioneer’s remaining shallow-water offshore platforms did not experience any significant damage as a result of the hurricanes. However, production of approximately 2,000 BOEPD has been shut in since August 31 due to the significant damage that has been incurred by the third-party pipeline facilities utilized to transport production to shore. No estimates are currently available as to when these facilities will be operational. "
http://biz.yahoo.com/bw/080918/20080918006258.html?.v=1
Oh by the way, have a nice evening.
a 20% haircut.......you'll get your shares soon rawnoc just hang out a bit more.
have a nice day if you can
No comments at this time, have a nice day if you can.
Congrats Rawnoc,!!! looks like you got your shares, you guys may luck out today, there is a broad based energy rally underway, it started a few minutes ago.
naw Im no good for that, I only throw out 10 at a time, at the end of the day. Hang in there @.271 you will pickem up over the next week or so. You can probably pick up some for .25, put it the order, it dosn't cost anything till it executes. I'm waiting for .12 or lower myself.
At least I can stay on topic.
Wow someone just bought into the sell off with a market order!!! Too funny. They paid .35 and now it's right back to .27 in seconds. Why do people do that?, a limit order saves folks from so much pain.
Ron, Lebaneseproud, are you two making this the new SCU board now? You have put up a lot of posts on it. How is it linked to MOSH?
It happened this morning, I have a Bid in @ .22 and @ .10, I doubt will catch them, but you never know.
Looks like a little profit taking is underway. Whoever you are, your making a smart move.
Any word on Brazos A-39 condition?
that's why MOSH is down .03 today, looks like the reality of the energy crash is catching up to MOSH. But cheer up, with the damage in the gulf it will all reverse soon, and we can reap the rewards of $5 a gallon gas. Be sure and pick something that will put a little of that in your pocket!
I bet things get pushed back for months, there will be a flood of Hurricane related cases.
no wonder YOU make sense to me.
probably,.......... considering I was born in the 50's....you young pup you.
it's not over till it's over.
My entry point is carved in stone for me. Sorry, if I buy now I have to break my own rules, I'm not that impulsive. It's .12 or nothing. of course the situation might change again. When I trade I know exactly where I what in and out. if I miss the trade so be it, at any one time i have at least 5 in mind so nothing really hinges on any one trade.
In fact I just wrote a piece on that on yahoo, you can find it here also. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32125770
The energy slump is over for now, heres why...http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_L/threadview?m=tm&bn=77841&tid=1709&mid=1709&tof=1&frt=2
Yeah, the electrical grid most likely just like Gustav. Without power and counting what is all ready off line, Gulf production will come up about 45 days short. Thats my best estimate. Looks like the energy slide is over.
actually thats the exact number I had in mind, good guess there.
you know , truth be told , even I think PXD should settle for at least low 3 digits just to be rid of this.
Awwww, I'm long everywhere else!!!, who will I pick on.......then? I can share!!
Just stay on your side of the room and don't touch MY stuff or I will tell mom.
I was just critiquing the site, its not personal. However if you feel the need to point out your not responsible for or do not believe in the content........welll....
pxd is down just about to my cost basis, SCU is up .04 today on no news, but I'm still in the hole about 44K on it. no worries though, I picked up 20K WM @2.02!!! so it looks like a wash today.
have a nice day I did!! :) :)
Oh yeah, it makes me want run out and buy about 200K MOSH units, NOT.
Ha HA HA obviously written by a unit holder and there fore BIASED. NO outside entity or unbiased reporter would ever add "the fat-cat execs should be tossed in the slammer for screwing over the passive unit holders"
This "BLOG" was obviously written by someone on this board, it's nice "OPINION" but by no means the unbiased fact.
The whole article was obviously written to get PXD share holders to bail and make make people look at MOSH as some kind of sure thing.
What a pile literary garbage. Any writer worth his salt would have also placed a PXD counter point next to each charge.
No wounder so many people loose out on these penny trades if they read and believe that sort of tripe without thinking.
GREAT FIND.
why are these facts considered a bash?, I don't get it. The Henry hub is where MOSH gas is sold. And Brazos A39 really is in the path of Ike, look it it up. The last reading from National Hurricane center weather buoys is 19' wave height @ Ike's location, all verifiable fact, I can link it if you like.
RON verifiable news or facts are NOT bashing, I'm sorry that it's not what you want to hear but there it is.
Again if any of this is untrue just point out the error and I will correct it WITH a verifiable news LINK.
Just the facts, if its not true point it out and I will correct it.
MOSH has produced NO REVENUE since Gustav, and is not expected to produce any for another week at least, there goes a good hunk of that extra million. http://www.reuters.com/article/marketsNews/idINN1142617320080911?rpc=44
If there is damage from IKE they may produce anything until the end of the year.
FYI Ike is now producing waves in excess of 19 FEET and this time Brazos A39 is in the path.
Have a nice day and of course.......
happy trading :)
PS If I were you I would think about buying Plywood stock here maybe WY for starters. I would also try and find out who FEMA's primary "Blue Roof" program contractor is this year.