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From yesterdays close it has dropped at the moment only .075cts I am pretty sure this would end up today higher than yesterdays close.
No you are wrong here, even this morning I received an e-mail from the promoters. This is recovering from the early morning dump and it's going to be ending up in green. Good to buy more now before it ends up over a dollar by the end of the day.
Can AREN go up to $5?
Hi Everyone,
The last time a company I featured here performed as strongly as AREN has been a while.
This little energy stock has progressed a lot since my initial coverage, reaching a closing high of a dollar yesterday!
So this got me thinking very hard about what's going to happen in the next weeks.
Can AREN continue going up to 5 dollars?
Now let me be very clear, I am not insinuating that AREN is worth around $5 a share, however...
Upward trends work in ways that we don't understand and when a stock is pushing up hard on momentum, and a possible short squeeze is on the agenda, anything can happen!
I have seen countless stocks surge beyond reasonable valuations to insane highs just because of a short-squeeze.
The company is just in the beginning stages of its long life and is doing a very good job of building share holder value for the long-term
Let's take a look at what AREN holds:
510+acres in Frio and Atascosa, Texas:
· Producing and selling petroleum from active wells
· 3P Oil reserves of 160,000+ barrels. Worth $21 million at the market top.
· Field-wide overhaul of wells to stimulate significantly more production, and increase revenues to record high this year
Small stakes in wells with big production and big partners:
· 56 wells in Oklahoma partly operated by Apache Corp and Chesapeake.
· 3 wells co-owned by Apache Corp. Sales of around $9 million per year.
· 2 wells co-owned by Exxon Mobil. Sales of around $8 million per year
Over 2,830 leased acres in Utah:
· Located in Emery County. Sold by the State of Utah.
· Positioned in close proximity to Exxon Mobil's producing gas wells. Exxon's sales in Emery: $120million + per annum.
· Located on a shale that could turn out to hold the vastest natural gas reserves in Utah
Take a look at other small energy companies that experienced big gains:
Rosetta Resources went from $3.06 to $47.82 for a 1,078% gain!
Brigham Exploration went from $1.14 to $37.15 for a 3,258% gain!
Northern Oil went from $2.22 to $32.69 for a 1,473% gain!
Carrizo Oil&Gas went from $8.42 to $47.87 for a 468% gain!
Magnum Hunter Resources went from $0.55 to $8.81 for a 1,500% gain!
Can AREN become one of those?
Had bought shares of AREN last week you would have already more than doubled up.
While it may seem a bit high at $1 right now there is nothing indicating that AREN couldn't continue going up on momentum and a short squeeze and be trading at 5 dollars by September.
The window of opportunity on AREN is closing quickly as strong demand for AREN shares continues driving the price up.
Your editor,
Lionel Mansfield
SmartStockWinners.com
I believe the company and the news. This is going to be a winner in 2015 I'm quite convinced this will do well in the next few weeks when the financing and other important issues for the advancement of the company are announced.
Any indications when we could get some news from the company. Any news would reassure the people who have been hold shares in the company for quite some time to have some hope.
Narin, any news from the company yet? Bil used to twit once in a while regarding the future plans and or conference calls but nothing heard for sometime. Do you have any idea what could be expecting in the immediate future. Thanks
Why this is down today with low volume. Is there any reason or it's Friday's trading. Do you expect any news or reports to be out next week. Thanks in advance for your reply.
This topic has become too stale. GCRA is a winner for this year wait until the next news release. There is no point in speculating when thing dont happen the way we expect it to happen. Bay as much you can before it become to expesive.
Lots of people have done over time here it's better for them to say good bye and we know this is going to do well in the next few weeks
How about the anticipated revenue from oil & gas and MJ storage rentals in addition to all the bad things said here in past few days about the dolomite asset. I think we have a winner here but only the time will prove us right.
DNA Brands, Inc. (OTCBB: DNAX) produces, markets, and sells three carbonated blends of energy drinks in the United States. The company provides its energy drinks in citrus, lemon lime, citrus sugar free, and cranberry raspberry sugar free flavors under the DNA Energy Drink brand name. It also offers meat snacks made of two beef jerky flavors and three flavors of beef sticks under the Beef Jerky and DNA Shred Stix brand names. It distributes its products through non-alcoholic distributors to convenience stores and independent grocers in Florida, Georgia, Louisiana, Mississippi, Ohio, Pennsylvania, and Michigan. DNA Brands, Inc. is based in Boca Raton, Florida
Where did you get this information? Can you substantiate your utterance without with out valid proof.
Someone is very keen to bring this down below .004 to buy before the news release. I would say it's more of a manipulation.
We may close at .14 or above today.
Check this link earlier sell now buy signal and in green.
http://www.barchart.com/opinions/stocks/CGRA
Anything could happen wait for the news release and see what they have to say. No doubt this is an under valued company. After the news this should trade in an acceptable level.
Any idea when the PR will be out? Everybody is anxiously waiting for it. I can see that from the pattern of trading this morning.
Need little volume to close today at .006 - when the news comes out it's going to explode to a penny or higher.
There could be surprises that could fire other way to buy and send the price to higher level.
Tomorrow I expect this to move much higher. This has to go back to its original glory and nowhere else. The price drop is mainly due to panic selling. Now people are keen to buy back to turn this around, it's coming soon in my opinion.
People who have no patience are selling. As you said a good PR would reverse this trend.
If you read the news release carefully you would find that in Phase 111 the drug did not meet the expectation, that does not mean it is going to be discarded. Instead there would be future review to make it work. Besides this company has other products at various stage of research. Today sell off is due to panic, tomorrow this is going to go back to the price it should be worth. I guess tomorrow I wont be surprise if it trades over $3.00 actual market value of this stock. Once the dust settles down and the investor see the good side of this company and the value it is worth now.
When dust settles down this will move up back to $2 range. The company is worth more that the price it's trading now. Watch what will happen tomorrow morning this will bounce back.
"Although the study did not achieve its main objective, we did see signals of drug activity such as preserved visual acuity, less severe ocular exacerbations and a reduced incidence of reported macular edema in patients treated with gevokizumab," said Paul Rubin MD, Senior Vice President Research and Development and Chief Medical Officer. "We will continue to work closely with our partner, Servier, and uveitis experts to conduct a thorough analysis of the data to fully understand gevokizumab's impact on several clinically relevant endpoints."
PR will be put out when it's ready for the benefit of all the investors here not for sake of satisfying a single individual. Here you have to be patient when you are talking about assets over billions. This is not a child's game. This is not going to stay at the current level too long. When the PR is released this is going to be trading in multiple pennies.
Sorry Nathianial do not take any offence, we are all here to make money, hope you will be part of it. Next week we are all going to be happpy to see this break a penny.
Good to hear that. I thought you came one board only few weeks ago. We are hear to make money evey word you say here help or distroy this company, I want everyone here help the company to do well in future. I have faith this company and hope and pray next week we could hear something great to push this above a penny or above
That means something very positive going to be released early next week. You are trying to get cheap shares to make money good luck Mr. Nathanial you are very clever to have two sides in your life
People are waiting for the official announcements for them buy or sell shares. I think next week you could see lots of activities which could push the price to .02ct or over
With all the positive things to be expected in a weeks time, this should trade a penny right away. I don't know what is stopping this from moving up.
I feel very comfortable today after reading the messages posted. We have a real company with lots of positive things to be expect in a short time. When the financing is done and the announcement comes out this is going trade in silver or over. Also, there is a strong possibility for the trading to be moved from pink sheet to OTCBB when they have enough money to spend on financial reporting and promotions to take this to the higher level. All this could happen very soon in my opinion. The current price is not going stay at this level too long. We could see the changes starting from next Monday.
This the reply to my e-mail sent to Ken this morning "Celprogen is closed until the first week in August, so we plan on doing the study a little while after they open.
'buyinit' would you be able to get some concrete answer from him regarding the amount of finance they are hoping to work out with the future financer based on the assets they have. Also how long it would take them to start the work on different projects from Dolomite, MJ to Oil and Gas to increase the revenue and value of the shares.
'bayinit' thanks for the info. I know you are one of the longs and faithfull follower of CGRA I am in Edmonton in Canada therefore I wont be able to paticipate in the conference call on Friday morning. I urge you to ask all the questions and regarding the financing and production and sale of Dolomite as well the MJ project the company is involved. Please find out how long he would take to update the investors regarding the finance. Ask him if they are planning any reverse spit in the near future. I would appreciate very much if you could up date us after your paticipation in the conference call. I trust you as a long standing investor to find out everthing that would help us to continue to have faith in CGRA and it's CEO. All of us wants to make some money that's we have invested in this company. I hope and turst CGRA would do well in the next few weeks.
Thanks buddy
Can we expect any news from the company soon? Any idea.
If you dis-believe all that is sad here we cant help. This report runs into several hundreds of pages. If you are going to use the asset as collateral for the credit line, who ever looking it to granting the finance will have to give it to their lawyers to go through the documents this all takes time. It's not a small amount you are talking about it's a huge financing. If you don't have the patience to wait then you may have to quite and move on.
That's your wish.
The report runs in to several hunderds of pages. When you go for financing based on your asset who ever is going to lend you the money will have their lawyers to go throgh the documents and then make a decision. Therefore, be little patient and when its announced this is going to trade in muliple of pennies. It could be copper or silver only GOD knows.
You are wrong
How come with out any buying going through 26 million shares traded today?? This is going to be soon break the penny and go for silver.
Don't worry we all feel the same but still I have hope with next news release this could go over a penny effortless. Only matter of time. CEO would have realize by now the news release should be an effective one not like the one that was released last week. This could change very quickly for us to have a happy face.
Have a worry free good weekend. Things could be different next week.