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Cool I have a question. Knowing that market makers are able to short without having to borrow the stock, are they just arbitrarily able to decide which price they want to buy in? And are they able to skim money by never even owning anything? By that I mean if they took money, sold short without borrowing, bought back in at a lower price, took the difference, who would ever know?
I might imagine Mr Gwynn would be attempting to attract institutional interest. So far it appears he has been unsuccessful. I would agree that until some elephants take interest here, we will see more of the day trading. But you never know, maybe there is some quiet accumulation going on as we speak. Accumulation may be going on in countries as far away as Russia
See what I mean?
In reality I believe it is tough to compare the two companies. There are many variables. The transfer of wealth into this company will be hard earned. The antagonizers of the company will have to come 360 for example, at this point they must be praying though, because success may be immanent . Hopefully there are some broker to broker calls going on now. Lol
I think you might be right
I agree. There are a lot of day traders here and too few investors.
Thanks oiljob great news
I like the idea of a raffle
Lots of things don't make sense. What about when there are mostly buys( today) and the price goes down?
It is reassuring to have that backdrop with Belize in the mix.
By a factor of at least ten.
If they are grossing 30 million per year in Texas alone , I would say this is undervalued
1000 times 365 times $80 equals just under 30 mill / year
So the shares are spent, the ship is fully fueled, we are ready for blast off. Have a good weekend boys and girls!
I hear what u are saying, IMO if they keep spending shares at these prices, dilution will be massive. I personally thought the only shot this company has is Belize , and so it goes. They have this quarter to differentiate themselves between being a self serving greedy bunch of insiders or a group of founders of a good company. The guy running Texas seems to know what he is doing, who knows.... Forward looking statements... Maybe they are being more conservative.. It is smarter to beat your own estimate than fall short...
I believe most investors are looking more at belieze than Texas . The operations in Texas will pay bills. Belize will make the company. If you don't want in you have every right sell. Good luck to you. You no have any reason to post here ( unless you want cheaper stock)
This almost went to a dime on a dream.
Dream time is over
I feel it coming today
So we are there. The major construction is complete:)
The flatlands in the picture are the field IMO.
Thanks I cracked up myself when I read it.
Btw Monte Christo number 4 burning slow and even. Tastes great
Well good luck to you then. Sitting on some beach with a corona has merit. I'm going to light my cuban corona and wait for this 10k
I saw them using a branch in a wishbone configuration with a wire attached to a local resident
Well said. I happen to belieze we are in for some good news any time now....
Ok that puts it in context. My next question is why even bother? If the stock hits a dollar its a bentley.
I did not say it is a big deal I just was reporting an event that does not appear to be widely distributed. The dream continues...
It's on my mobile td ameritrade. I can not get a link. It was filed yesterday
I don't know director Bruce gwynn just registered to sell 276000 shares. Any insight into that move?
Roughneck are you sympathetic to xylan and smith d? Lol
Big oil was looking for big oilfields. That is why they gave up quickly. All we need is a few medium sized ones and we Are in the black. Until Treaty outfits the plane they can run sight seeing tours:)
That post sounded like a personal fortune is riding in an effort to keep this stock down
By December this price will be a distant memory
The company should be allowed some slack with this filing. Many transactions and actual revenue. In my opinion it is better to get it right the first time. They will get the hang of it soon enough. If it comes today great, if not no worries mates.
They get a letter added to symbol. It would get removed when they do file. Doesn't really change anything other than not looking good. Stock might take a hit. If it does a great buy pop.
If he waited this long He would be foolish not to with all that appears to be happening.
Yah once they are free trading they get added to float I suppose
Should show up somewhere beside my iphone
The disclosure came out at 138 yesterday, two minutes before company pr.. It stated shares were being sold as of 8/1/2011. probably responsible for overhang last tow weeks. Lucky for us he is not a director. Let's hope monday brings positive karma back here
I think the deadline is Monday for 10 k
Does anyone know who Gregory Sampognaro is? Apparently he and his wife registered about three
Million shares off 144 restriction yesterday. Does anyone have the skinny on that
It's .299