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Once the smoke blows over .... WGAS should be over .10 .......MASON was the real problem here and he is gone forever ... He will get his $125.000
Everyone is entitled to their opinion because at this point PR on Feb 7th says that drilling is staring in end of 2nd qtr or 3rd... Will hold my shares until then ....
This is bottom .....
I really do not think that VOLK will allow a dragged out trial ... He is a finance person or numbers type of guy if you know what I mean ... If it was mason running the show I would say yes
xzx I see that you have been involved in WGAS for a while and to me you seem genuine as other people on this board I bought back at around .01 or so but do not believe it will go much lower but what is your opinion on the company for long term say a year from now ? Thanks
You are if you sell now , the time to sell was above .015 , accumulate now and under and it will hit .02 again
WGAS has to pay Mason his money on March 11th, MM's have to take the stock back to .02
CERP has a very good chance of claiming BK ... Why do you think this is .03 because it is a good stock ? There is no real investors here just sell once it goes over .05 accumulate now and sell over .05
They need it to get to .10 for a good reverse split but this is going under .01 first
It's going below .03,then the pump that is when you buy ... Low. 02's
It will bottom out below .01 everyone is selling !!!!
CERP WILL GO TO UNDER .01 and Stay there .. IMO
It looks like the pump and dump repeat of the last time ... Charts do not count here
I am starting to accumulate at this point
I started my buy order at .01 but its not getting filled !
He sold and gone ... Lol going under .01
Yes Doc, that adrenaline !!!!!
The only thing for CERP to run is with news CEO may even know this and could be holding news until April on the mean while this will drift down in the the low 02's . This is what I have been saying here since the 05's and so far it has been going down . MM's are and will shake weak hands . Just my opinion
Hey buddy almost there !
Ok Doc , we will see . Hope you are right !
Charts do not work here on penny land see you under .03 !!
.028 TODAY ???
There is always a happy hour somewhere ! Lol
Without news CERP may test today's low and go below .03 tomorrow ...that is what I have been saying all along , Shorts are having their time ... Momo is what CERP needs ....it seems here that Charts do not work different game . IMO
I will buy below .01 or after a good PR from WGAS
CEO FU IS A THIEF !!! Scam shareholders !!
What is going on? Buy back in ? Is it going to .10?
Ouch ... What happen to the chart experts???
I am out as of this morning ... Be back in under .01
HOLD YOUR SHARES ---SHAKEOUT !!!
That is my dream chart !
Cojones de hierro ... Balls of steel ....
sfere di acciaio---
Just got an email from Volk ... He said your vacation to Hawaii you can take it in Q2 or Q3 ....
Lol ! That's the way it works
Cojones of steel is what you need with this stock !! I am the Man of Steel !
Lol ... I thought this was the apple board ?
Broke the wall ... Ouch !! Look down below !
Good call !! See you at .0074
Waiting for . 012
On a stock exchange, a reverse stock split or reverse split is a process by a company of issuing to each shareholder in that company a smaller number of new shares in proportion to that shareholder's original shares that are subsequently canceled. A reverse stock split is also called a stock merge. The reduction in the number of issued shares is accompanied by a proportional increase in the share price.[1] New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
Typically, the stock will temporarily add a "D" to the end of its ticker during a reverse stock split. Sometimes a company may concurrently change its name. This is known as a name change and consolidation (i.e. using a different ticker for the new shares).
There is a stigma attached to doing a reverse stock split, so it is not initiated without very good reason and may take a shareholder or board meeting for consent. Many institutional investors and mutual funds, for example, have rules against purchasing a stock whose price is below some minimum, perhaps US$5.[citation needed] In an extreme case, a company whose share price has dropped so low that it is in danger of being delisted from its stock exchange, might use a reverse stock split to increase its share price. For these reasons, a reverse stock split is often an indication that a company is in financial trouble.[2]
A reverse stock split may be used to reduce the number of shareholders.[3] If a company completes reverse split in which 1 new share is issued for every 100 old shares, any investor holding less than 100 shares would simply receive a cash payment. If the number of shareholders drops, the company may be placed into a different regulatory categories and may be governed by different law (i.e. whether company is regulated by SEC, in part, depends on the number of shareholders). From time to time, companies will issue a reverse split concurrently with a forward split. A forward split is rarely undertaken independently of a reverse split.[4]
Note that in reverse and forward splits, the shareholder's old shares are erased, as they receive a number of new shares in proportion to their original holdings. By contrast, in a simple stock split, the original shares remain on the exchange as shareholders receive additional shares based on their existing holdings. In both stock splits and reverse splits, the share price is adjusted in proportion to the increase in shares to maintain equal value.[5]
As an example of how short splits work, ProShares Ultrashort Silver (ZSL) underwent a 1-10 reverse split on April 15, 2010, which grouped every 10 shares into one share; accordingly, this multiplied the close price by 10, so the stock finished at $36.45 instead of $3.645. On February 25, 2011, ZSL had a 1-4 reverse split (every 4 shares became one share, which multiplied the close price by 4, to $31.83). Because of these two actions, one share of ZSL as of February 26, 2011 represents 40 shares of ZSL before April 15, 2010. These splits were necessary to maintain the price of the fund, whose value fell 90.2% from April 15, 2010 to April 21, 2011, and over 98% since December 3, 2008. Had the reverse splits not taken place, ZSL's closing price on April 21, 2011 would have been $0.3685, rather than $14.74, or .3685*40.[6][7]