Hi all
I am long this stock with about 1 mill shares, this is my first post on this board, and i would like to say thanks to some of the good DD which is posted here by Drillbit, greeneye, cyber and the likes, I my self believe as drillbit that there is a large short position here, even though I have no proof of such, I did however sell OMOG @ 0.008 just before the big run up (0.008 to 0.035), and I believe this run up was due to shorts covering their positions. as it happens I sold to buy AMEP as in my view it is a better stock that is already reporting to SEC.
I think we will at some point see the shorts starting to cover their positions, but we migth have to wait for the next Quarterly results before it happens,
in the meantime have a look at EGSR, that is another O&G with with leases in the Barneet Shale, any comments welcome
GLTA
CG