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You want ALRY to move higher, then quit painting it with the RGNO brush. I know all about RGNO, I owned the stock a year and a half ago, sold it and bought Allenergy. There is no comparison. So what if ALRY has partners on some of the leases, the more partners, the more leases, less risk to the company and shareholders and more revenue to the company. It's heck of alot better than borrowing don't you think?
Not a drop of rain since last Saturday, temperatures are rising, fields are drying out, forcast looks good going forward. This is very good news for Allenergy and investors. Lets hope the three Bane wells get turned on and a new one or two are drilled quickly. It's time for this domestic oil and gas play to catch fire. Investors are throwing money at some pretty pitiful oil company wannabes' and not touching this gem. Maybe its time for a nice rally, we haven't seen a nickel for how long? Imo the float although in the 80M range, is in good hands, and are holding out for much much higher prices. GLTA
Free L2 shows the ask thinning out again.
http://66.201.236.134/export/level2.jsp?symbol=alry
UBSS 0.0340 5000 15:33:40
NITE 0.0340 5000 15:20:45
AUTO 0.0360 5000 11:36:01
ABLE 0.0500 5000 09:16:39
HDSN 0.0500 5000 15:38:02
ETRD 0.0600 5000 12:53:23
HILL 0.1000 5000 10:15:50
This is good for ALRY with experienced RHWS crews on the team
Need a service rig? The good operators are booked for months. The inexperianced rig operators are booked solid too, but only a month out or so. And when the newbies arrive, you gotta watch them very, very closely. A mistake by an newbie can cause major damage to the hole, such as dropping tubing down the hole. It does happen. Not enough service rigs or people to operate them.
The weather is starting to cooperate, not a drop of rain since last Saturday! There is an abundance of wells on Allenergy leases that can be put on line with some reworking.
I think we're entitled to be disgruntled, losing $$$'s on a producing oil/gas company with oil at $144 a barrel and gas at $13 gives a shareholder that right. Yes I said producing, this is not smoke and mirrors or a scam, they do have leases and producing wells not an hour from where I live. I've actually seen them and the oil going into the tanks. There is just no new money flowing into this stock right now and it can be manipulated down easily. Look at the money flowing into UVSE Universal Energy, 200 million shares today alone between 2 and 2 and one half cents. Two years ago univeral owned one single tanning salon, the crazy investors buying up the stock could care less! Allenergy needs to get the word out to more investors, what they are doing now is not working. They are a real company and not a pinky scam as the share price would imply.
The first time I tried your link gregg, it didn't work, so I typed in the address and I got to the site. I tried yours again and it worked!
There is some action on small O/G plays...HTOG over 400M traded in the last two days, UVSE almost 100M today, both of them dogs imo. What would ALRY price do with that kind of volume? I'll bet we'd see 75 cents! As it were, we sit here with zero volume and boxed in by none other than auto.
Posted out of frustration, I don't own NCEY, but so many of the oil/gas stocks are runnning like mad and this stock is selling at three and a half cents.
Anyone watching NCEY, New Century Oil?
This was one of Chicken Little's plays that he was equally disappointed in. He must have sold before the big run however, he hasn't posted for some time. Could have bought in at 3 cents this spring, now a sixty cents!
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Foverview%2Easp%3Fsymbol%3DNCEY%26table%3DLIST
Stop sign gone...now it's yield...progress!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=alry
http://www.pinksheets.com/pink/allreps.jsp
Allenergy crews are a resourceful bunch, they'll keep production going. Last year they bought four wheelers to get to the leases, as far as I know they still have them. Just remember, this is Kansas, we could have several weeks without a drop of rain, and then we'll be begging for a shower.
What's the deal?
We traded only 9000 shares on a day when oil prices soared. I could see it if we had a tiny float, but with an O/S of 116M one would think there would be some volume. Hemi's volume has been constistantly over 500K per day with a float of 68M. The only explanation would be that this float is being tightly held, at least I hope so. They need to get the word out, kick up some interest.
We should be in the sweet spot, more production and higher prices, $139 a barrel! This is still an unknown entity beyond I-Hub, but let's face facts, the unabated bashing and scurrilous comments upon the CEO and company by several posters are having the desired effect, scaring away potential investors who might read these threads imo. The company should seek out avenues to reach a wider audience.
This is what really hurts
Not the bashing but reading headlines like this.....
Oil Gushes Higher by More Than $9 to Record $137- Reuters
Oil roared almost $10 higher to a record over $137 a barrel on Friday on the weaker dollar, tensions between Israel and Iran, and a Morgan Stanley forecast that falling U.S. stockpiles could send crude to $150 by July 4.
and ALRY trades 15K shares all day and is sitting on a bid of three and a half cents! Painful.
If your assumption is correct, he made a good deal for shareholders and the share price will rise. In the past year , first quarter production increased by a factor of six, oil prices increased by a factor of 3 and OS increased by a factor of less than 2, a net gain imo. Oil was up $8 a barrel today and predictions are for $150 a barrel.
He said he would go away and not come back if Larry ungagged the TA. He's still here. Why?
Why are you critical of Mr. Sanford and ALRY oil production, yet you give KA a free pass?
(Pink Sheets: HMGP - News) January oil production ramped up to 669 bbls from the December production of 461 bbls. We sold 395 bbls in January.
we's like the frog who jumped in the pot
not knowing the water it getting a might hot
at least with the froggie it be over in a while
we jus sittin as the losses compile
I got the allenergy stock sinking in the mud bloooooooooooze!
sum kool aid gb been a drinkin
in that glass went some vodka i'm thinkin
ldc he been a hoppin
sum pills he been a poppin
I got the low down allenergeeeeeeee bloooooooooze!
oil goin up dis here a fact
da stock in the dumper i say wid a sigh
ole tex and joe they on de attack
anudder day like dis, need me sum K Y
i got old down in the dirt...allenergy blooooooooooooze!
Is it time to buy ALRY? Imo it's on bedrock, plenty of support at four cents and ready for a nice run similiar to Hemi. TIA
I got that old Allenergy blues
waitin for some stock movin news
Natural Joe he been a pickin
The stock do take a lickin
I got the down in the dumps Allenergy bloooooooooooze!
We know the company is producing oil/gas revenue, is it enough to be cash flow positive? How many pink sheet stocks are in that league? Very few, but possibly Allenergy, we shall will see. $132 oil and $12 gas are big incentives for Larry and Rex to increase production and make $$$'s for shareholders. Rex's three workover rigs are in big demand in the oil patch, landowners are seeking out operators to get thier wells on line so they can participate in the energy boom, while prices are sky high. Lets hope the next pr will be juicy enough to entice new investors and raise the price of stock to where it should be.
Nice paint job at the close. TY whomever!
I don't think there are that many shares left, I put in an all or nothing bid at .04 for 30K and it didn't fill. It's worked in the past few weeks but not today. Hemi is back down to the mid .07's from it's run to fifteen cents. Will we meet them on our way back up?
He's no dummy. The dumper waits for bids to build and then he takes them all out. He's sitting there right now waiting for a juicy bid so he can sell into it. I would say he's a jackass but maybe not, with as many shares as he apparently has, he could do some major damage to the stock price. He's been unwilling so far today to take out the .039 bid, but that may change.
Thanks for that info bigcoinman, now we know who'll buy the beer for our shareholder party this summer lol. Sounds like the company is doing well, lets see the share price kick some booty as well!
Nite is boxing ALRY in on the bid and ask, my free level-two shows the next ask as being .059.
http://66.201.236.134/export/level2.jsp?symbol=alry
Maybe Nite will let ALRY run if we get good news this week. Maybe the flash of .059 ask portends of good things to come.
Take these negative comments with a grain of salt. One of our bashers was calling the Hemi CEO a crook not long ago, now he thinks he can walk on water. He even has the audacity to complain about bashing on his favorite board. Another said he sold his ALRY shares and that he would never post here again. We'd all like to see a higher share price, it will happen, this is too good a company to be selling at this level. Weather is great in Southeast Kansas, fields drying out, oil and gas prices remain high. Anyone notice that Nite has ALRY boxed in on the bid/ask. I am thinking the same thing happened with Hemi before the big run up.
Ten cents? I think you're being a piker copley. This company right now is worth more than twenty cents or more per share easy, and thats not factoring in the huge growth thats ahead. They're sitting on some choice leases, increased production and revenues, plus an improved balance sheet, which makes them an attractive buyout candidate imo. I don't think thats what management is after right now, but if the price is right? I hope no one was scared into selling by all the bashing, I think you will be sorry if you did.
Yes we need some encouragement. I've been reading on another board where ALRY and HMGP are discussed. The message I'm hearing there is don't buy ALRY, buy HMGP. There could be money flowing out of here and into HMGP. Pretty good move if done about three weeks ago.
You hit the nail on the head, I watched the trading Friday and made the same observation. Sellers are definately in control. If you watched HMGP, the opposite was occurring. I'm in agreement with those that say we need more disclosure in regards to the current and future O/S. I have done some research and have found oil and gas companies with zero revenues and double our O/S trading at four and five times our share price.
OT..UPL
I caught one of your posts on another board where you mentioned Ultra Petroleum, you didn't say whether you still held it or not. I was told about it in '94 when it was trading on the old VSE for pennies. I cringe when I think of the money I could have made, $1,000 invested then would be worth $680,000 today. The guy gave me two picks, UPL.V and RBM.V (Response Biomedical), he said RBM would make you more money, so I bought RBM. Although I've made money on RBM, so far its only been peanuts! Good Luck
On the O/S
The lower the O/S of course the better as this is how earnings are calculated. As we all know, most penny stock companies do not have earnings, they lose money. Traders, pumpers, and bashers like companies with low O/S because they can be manipulated. Large groups can come in, front load, pump the heck out of the stock, then dump it on suckers. They could care less whether or not the company will ever make a dime or survive. Mr. Sanford's strategy was to increase production and revenues, so far its working. Oil is at record highs, and ALRY is producing more oil! Just remember, if you're an oil company, you have to produce oil to stay in business, you can't rely on a fancy office, a buyout or lower O/S.
Great find! $153 million market cap producing 5000 barrels oil per month. Let's see that makes ALRY worth $1.40 per share.
Oil over $125 a barrel
They say it's going to $150. The company will make lots of $$$'s and the stock will go higher. Plenty of accumulation going on. If you don't like how the company is being operated, sell your shares, someone will gladly buy them.
http://www.allenergyinc.com/allenergy-bal-sheet-2004-07.pdf
http://www.allenergyinc.com/allenergy-income-st-2004-07.pdf
I come up with a P/E of 20 something as well. Bear in mind 2007 was a year marked by a 50 year flood, attaining leases and lower oil/gas prices. 2008 will prove to be a blockbuster year...more drilling, opening up and reworking shut-in wells, additional leases, sale of Oklahoma leases, $124 barrel plus oil and at least $12 gas. Kudos to Larry, Rex and company on their success!
Here's a significant item in the release.
"The financials for 2004 through 2007 will be available at http://www.allenergyinc.com and http://www.pinksheets.com so investors can see the tangible progress Allenergy has made over the past several years," Mr. Sanford stated.
I'm assuming this will make Allenergy current with pinksheets, thus the stop sign will be replaced with current information sign. Keeps getting better.
Great news, too bad the market doesn't see it that way. I think I saw 180K fly through at four cents. It looks as though the ask is thinning out. Don't know how accurate this information is.
http://66.201.236.134/export/level2.jsp?symbol=alry
As I type...ALRY .044 HMGP .135, a difference of nine cents per share...GRRRRRR!!!