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Well, you know how these MMs likes to drop it, and pick up cheapies, then walk it back up.
MMs just making a market, trading amongst themselves, hardly any Retail trading right now.
We'll coming off of that low .0206.
You know the game. Lol
WOW, I can't believe it, ASK is starting to look thin at this moment.
Need to see MCAP move out of the way here, for the next hour.
CDEL sitting at .0223.
Hopefully, we can close around .0222 or higher!
Let $EEENF GO MMs!
I would hope Retail traders are smarter than what we just saw from that sell-off, from 1:51pm - 2:22pm EST.
Giving Retail the benefit of the doubt on this one, and assuming that was MMs dropping it intentionally to trigger all those "Stop Loss" orders so they can pick up cheap shares, and take $EEENF back up.
Oh the games these scumbag MMs play.
They can't ever play fair and normal, off of Supply/Demand concept, can they?!
Check out 88 Energy's three wholly owned subsidiaries and corporate details.
1.) Accumulate Energy Alaska, Inc.
https://opencorporates.com/companies/us_ak/10024801
2.) Emerald House LLC
https://opencorporates.com/companies/us_ak/10092881
3.) Regenerate Alaska, Inc.
https://opencorporates.com/companies/us_ak/10071877
Now, let me point out something very interesting in all three of these links that I'm trying to piece together.
Check out the "Registered Address," for each subsidiary, they have listed... (1300 POST OAK BOULEVARD, SUITE 2400 HOUSTON TX 77056).
GOOGLE that address... we get expert attorneys that specializes in Oil & Gas transactions, A&M deals, ect.
https://profiles.superlawyers.com/texas/houston/lawfirm/looper-goodwine-pc/b576ae58-fa3a-4399-bfa6-4fcb9296bfbc.html
https://www.loopergoodwine.com/practice/oil-and-gas-transactions/
Again this Registered Address is verified at their website under Contact us, at the Houston Office.
This tells me, that Donald Looper's law firm is connected with 88 Energy in some kind of business connection.
What does that entail, I haven't figured it out yet.
Do any of you smart traders out there know or have a logical, educated guess??
LOL.... that's a good one sir!
That would be awesome if we could experience that with $EEENF.
By the way, have you watched DW's interview video with Shares Spotlight yet?
If you haven't, video below... DW's talking about bringing a company in to do a full field development. We are now in his timeframe, according to that interview.
Percival77 posted the video clip today...
Agreed Ailan, that's a very significant observation in your post.
Will be awesome if the test results can prove N20 reservoir does connect with COP's Willow discovery.
Can you imagine how big of a catalyst that would be.
Great Post Sir!
Awww Man, LOL!!!!
That is funny, dude.
Thanks for giving me a good laugh tonight.
"At the end of the quarter, March 31, 2021... the Company had cash reserves of A$20.06m, including cash balances
held in Joint Venture bank accounts relating to Joint Venture Partner contributions totalling A$2.3m."
Feel free to correct me if my math is wrong.
A$20.06m
A$ 2.3m
A$22.360m = $17,389,372.00 US Dollar
Company should have plenty of cash for next winter's drilling projects.
No more placement offerings either.
Guess you choose to not understand or can't see the forward-looking potential in $EEENF.
BINGO... percival77!!!
Thank you, brother for posting that interview with DW's expectations for $EEENF shareholders.
That interview was made in 2017... four years later, we are here and ready for DW's expectations to be executed, right buddy!
Think many traders haven't seen and heard what DW's expectations are... he literally tells us what their strategy is for the shareholders!
Good post, buddy!
$EEENF Shareholders/traders.... get some of this awesome info from oilprice.com.
https://oilprice.com/Energy/Crude-Oil/Three-Things-That-Will-Drive-Oil-Prices-In-May.html
$EEENF is going UP!
Sit back and watch Ghost.
It's all in their PRs earlier this year... came from a placement offer in London.
I know they have some debt. However, their assets are worth way more than their debts!
Agreed SpotOnTrade!
$EEENF turning the corner and up!
Yep, smart man!
Just FYI...
According to the new quarterly report, $EEENF has just over 20 mil cash/reserves.
SpotOnTrade... thanks for sharing that awesome report on $EEENF!
I read/studied that $EEENF report very closely last night... written very well and explains in detail what $EEENF has in Alaska.
Management just need to execute the right strategy for their shareholders.
GLTU sir!
Good morning $EEENF shareholders/traders.
Check out this link that shows the Alaska North Slope (ANS) West Coast Oil price/b.
We're moving up into the $70s/b in May, and higher this summer!
This is our oil prices, not WTI Crude/Brent prices. However, they are a good indicator for us to see where oil is heading.
According to Oilprices.com... today, WTI Crude is $64.73, BRENT $68.27
ANS West Coast Oil $66.20
https://oilprice.com/freewidgets/get_oilprices_chart/44
SpotOnTrade... you have hit the Bullseye!
Very nice post, reminding everyone here what we have, the huge potential $EEENF has coming.
$EEENF will Rise Again
Yep, agreed.
How many times did we touch .0216 this morning only to see MCAP every freaking time at the top of the "ASK," holding SP down, and supposedly only with a size of 50K shares (yeah right)... such BS games.
Then, from that point on, watching on Level 2, picked up on them doing the
coordinated, subtle SP "walk-down."
Turned the computer off when saw that BS, knew it wasn't going to be good once they started that trick.
For now, MCAP is the Big Dog with his supporters controlling SP till we get Positive Material Information from company. That will bring demand/volume back in to push SP through the resistance.
Level 2, Times & Sales transactions book is painting this picture, ppl just have to be smart enough to recognize the clues they give us!
Not worried though, holding tight.
One day, scumbag MMs will release $EEENF again... In May/June with all the catalyst we have coming from testing results. Going to get very interesting in these next two months.
Hoping for DW and BOD announcing something materially eventful at the Quarterly meeting.
(JMHO)
$EEENF Shareholders/traders...
Here's our last four days of %... not a bad week so far!
Apr 28 -9.55%
Apr 27 31.34%
Apr 26 9.48%
Apr 23 1.32%
Don't you believe they have the ability to Naked Short a stock for their own broker-dealer accounts, hedge funds, banks, big clients, ect.
They can do it because they can get away with it. The DTCC isn't going to do anything, they're in bed with them. Plus they bank hugely on the fees and commissions.
It's all about increasing and bringing in more revenues to their broker house, and the acting managers/specialist get their monthly/yearly bonuses.
Another true and insightful post!
The traders that don't believe what op9171787 is exposing and sharing with the board, need to do some research on the subject matter!
The INFO is out there in the web world. Look it up so you understand what they're capable of.
He's speaking the truth... there are "Off-Shore brokers-dealers, hedge fund managers that have the ability to trade Naked Shorting.
These brokerage accts are not required by law to follow any U.S. securities policies/procedures.
Look up Naked Shorting and Offshore trading tactics, you might be surprise!
Good post OP!
Agree with you, brother!
Very true... after the Reddit attack on GME and AMC in Jan/Feb... anyone with a brain could see the MMs trading behavior/patterns changed since then to now.
They have gone on the war path on Retail, and it's a collective, precise attack. It's been all across the OTC the last two months.
Some traders just don't get it and won't believe. Thinking it's just retail doing their non-sense trading... hogwash!
Agreed, PB... L2 showing MCAP keeping $EEENF under .0216.
Guessing the MMs want to load up shares for what they know is coming in May!
Absolutely 1000% agree with your post gdog!
Some of these new traders jump right in the sharks feast without any knowledge whatsoever.
It's so frustrating to see... their trading helps the MMs and hurt Retail.
Agreed Aladdin Sane!
Taking him for face value, that's the way I perceived DW's interviewed video as well.
Let's hope they have us shareholder's best interest in their plans, and not just the hedge funds, institutions, and insiders.
We shall see after the results comes out.
Very interesting facts where the majority of oil is in the world.
Check out the North Slope Basin.
https://mobile.twitter.com/JulsWesterfield/status/1387251669751136258/photo/1
Watch and listen very closely to DW's 2017 interview. He's throwing out some subtle cues with the company's future. The company maybe in that predicted time period now.
Wow... the games they like to play on us, huh.
Wish we all had the power together as one huge ass group that we could stick it to them just once and burn them on a good ticker!
Here's the Aussies market currently...
Apr 28, 3:16:50 PM UTC+10 · AUD · ASX
88 ENERGY LIMITED 88E
LAST PRICE / TODAY'S CHANGE
0.026 +0.006 (32.500%)
VOLUME 296,740,973
BID / OFFER RANGE
$0.026 - $0.027
Germany Exchange closed at on 4/27...
27/04/21 19:59:51
Last price 0.0188
Change to prev. day +32.39%
London Exchange closed at on 4/27
88 Energy Ltd
GBX 1.50
23.76%
+0.29 Today
88E
Apr 27, 5:30:00 PM UTC+1 · GBX · LON
OTC, 4/27...
Closed .02200, +.00525
Up 31.34%
Thanks for your input on the red candle today at closing, forgiveness7x7.
Agree with your thoughts.
GLTU sir
Definitely agree with you on that, varmit!
I pray we don't see another one of those scammed gapped downs after SP starts going back up.
Don't think I can handle one of those again.
That was my first experience, seeing MMs pull the rug out from under us like that... even before the market opened up to trade that day on April 6th.
Yeah, that's a good point.
Chart definitely has turned in an UPTREND for sure... based off of the Positive 88 Energy PR last night!
Bringing back tremendous demand into $EEENF... the coming weeks in May will be very positive from the results that will be coming out.
Hopefully, the company's forthcoming PRs will be very clear, concise, and simple for all traders that don't understand Oil lango will get it, and not freak out!
I'm thinking about emailing the company and requesting that they need to focus on this issue for their PRs. They need to spoon feed it to all these noob traders that's in $EEENF from all around the globe, not just in the U.S.
Agree Q7!
Very nice thoughts and points you bring up!
This is what I want to see, let's hope $EEENF has some huge, massive reservoirs bigger than what's expected, and quality oil to commercial!
Please, come on in and get some more of this Black Gold.
Always love your posts, Big Momma! They give us a good LOL!
$EEENF
KC... are those facts?
Good to know if those are facts. Don't know that poster.
Thank you for the heads up!
Rise again $EEENF!
WELCOME BACK BIG MOMMA... We missed you! LOL
Q7, in regards to the Chart and RSI...
I'm using the Think/Swim platform, their RSI has cooled off to a 42 from that very last two minutes of selling off at the close.
What's your thoughts of that red candle at the end of trading today, and we closed right below the 50 EMA. Just normal day traders/flippers profit taking I assume... no worries there.
Like you stated in your last post... agree with you on the thoughts that $EEENF will be climbing higher each week going into the CC and pending all Positive news coming out from the testing results.
That's a lot of catalyst!
Agree with you, Q7 to your post!
That's a very insightful and informative post, thanks for your input!
Found this statement very intriguing... so you really believe, let's just say $EEENF hit just 100 Mil BO, and they PR that news. You think that's enough good news for an upward movement? Trying to track your logic on this.
Thanks for your input.
Thanks for your explanation PENNIEStoSTACKS.
Makes sense. Just trying to figure out why MCAP is holding us below that mark. I know they have their reasons/tactics.
It's not Retail trading doing that. That's all MMs trading amongst themselves to keep us from going higher. (IMO)
Look, now MMs are walking $EEENF down on purpose, even when there is buying coming in. Thus, stopping the momo.
BOOM... MMs finally release $EENFN as I was posting!
Let's Go!