Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I take that bet. If it close in green today than I will keep my opinion to myself and not post to EGOC board again. :)
Still watching. My prediction for today might be right. You guys can say whatever you want. This will probably last for another day if I'm right. This is just an opinion from a newbie. I am not trying to bash this stock but only expressing my opinion with what I think and not make up things along the way.
Good for you. I don't have that much to play with so that's why I try to find a way to play it safe. It's like going to a casino. You only win big when you play big. But playing big also has it's ups and downs. I can only play with what I can afford so I have to try to save myself from losing. I tried flipping in the past and it did not work out. So now I don't flip but I just like to sell partial if I see the stock go up and make a little profit at a time.
I will sell my other half when I start seeing the buying pressure slow down and drop. But for now I am holding it for at lease .02.
I am still new at this and I am still learning as well. I am just sharing with everyone what I think and not try to make everyone to buy or sell. It's just an opinion that I would like to share. Of course everyone would like to make a profit. Attacking people that would seem to be in the way is natural. I did the same thing with many other stocks. The rush with MMT* and PGI* was very nice. I profit with those two stocks alone. I attacked all of the naysayers to make them believe. Now I'm just saying to play smart and that's all I have to say. I am profiting with EGOC as well. So I will let you guys do what I've done in the past and ride it till it's time to sell my other half.
Like I said. I learn my lesson from my previous investment. Penny stocks are too risky to not play smart. I am down over 6k in MMT* alone. Now I'm trying to share a way of not loosing too much. Stocks alone is a gamble. You win some and you loose some. If you can find a way to prevent from loosing too much than why not. It's just an opinion I have and guys can follow it if you like.
So the best thing is to play smart and take what you can back and ride the rest till it falls. If you have 1 mil shares than sell the 500k shares when you double than you can watch without worrying if it goes down or not. If you go all in than you will be stressing yourself day after day until you decide to sell. You might profit more if you go all in, but there is also a high chance of loosing more as well. I found out that this will only reassure yourself from loosing.
Big news is great! But it doesn't guarantee anything. Reading the charts also doesn't guarantee anything. We are still dealing with penny stocks. The more serious investors don't bother playing penny stocks because of the high risk. Penny stocks have too many flippers that want to make a few hundred here and there. You can only try to predict what's going to happen, but nothing is guarantee.
Another sign is that the RSI is at 84.02. This is telling you that the stock is being over bought and we have to level down a little. It is not possible to go forward forever. Every stock have to fall down. Some more than others. If the fundamental is strong enough than it will keep its ground and go back up. We are still playing penny stocks. The risk is high. The majority of people are only in for a quick turn around. You can be at .01 one day and the next day you can be at .002. When I play penny stocks, I would always try to sell half of my shares and get my initial deposit back if possible and ride the rest on free shares. If it goes higher than great. I would make extra money. If it goes down than at least I didn't loose anything. We all should be playing smart instead of going all in. I found this out the hard way.
The bears are getting stronger and stronger. This will be an interesting fight tomorrow. It looks like it might reverse south for a day or two. If the fundamental of EGOC is strong enough than it will come back stronger with a higher green. But for now...I see that it might go south tomorrow. This will be a good opportunity for buyers though. Let see if I'm wrong.
Thanks. Let see if my prediction is right for tomorrow.
I like to be proven wrong. I am just speculating with my free shares. If it close green tomorrow than great. More profit for all of us. If it close red, than I am find with that as well.
Like I said...it will probably close a little above the open today. But tomorrow will probably be different. The RSI is way over bought and we will probably see it close below the open. I hope I am wrong. If it does drop down below .0025 tomorrow than I would say it is a good sign that it will not close green. We have a lot of longs on here but the selling pressure might be too strong to hold. Remember...I hope I am wrong on this one.
Who ever predict that it will go up in the am and fall later on today was pretty good. Lucky I am riding on free shares. I think it will close just a little above the open price today.
If it goes down more than great. I can buy more when my deposit clear. If it goes up than great. I have a lot of shares that I am holding long. The time will come when the long shareholders will be rewarded for their patience. Have a great weekend everybody.
RSI is at 83.46. The chart looks great but kinda over valued. I like the volume today but see if this will happen again next week. I sold half of my shares to get back what I put in. Now I'm just riding on free shares. GLTA
http://stockcharts.com/h-sc/ui
Thanks efrky for all of your hard work. Us long will get rewarded soon.
Yeah! I just double my investment. Time for me to have half out and keep the rest for the ride. GLTA
I agree. Everyone is hyping this thing pretty good.
People are just taking there profits.
There she goes
I've been in a few sub penny stocks that went to a penny in a week or so. EGOC has the potential to be on my next list.
Looking very good. We are seeing mostly buyers today. Let all of the shorts chase this up.
If people put it in at the ask than this will move north. Setting your bids will only bring this done more.
I also still think this will turn around and go north before the meeting. I might have to fly over there for the share holders meeting if it doesn't and give the boss man a punch or two if it doesn't.
Volume is pretty good today
Here we go
PGI Energy Near Completion of Two Drilling Rigs Under Its $68 Million Contract With Its Subsidiary PGI Engineering & Manufact...
PGI Energy, Inc. (PINKSHEETS: PGIE) announces near completion of two drilling rigs under its $68 million contract with its subsidiary business PGI Engineering & Manufacturing formerly known as Structural Dynamics Engineering. PGI entered into an agreement to sell eight drilling rigs to PT Rebana Energi Corpindo for $68.6 million. We are near completion of the first 2 of 8 Sub-Structures and Mast for the Super Single Drilling Rigs order to PT Rebana Energi Corpindo. New photos of the rigs' construction will be posted via the company's social media sites to provide transparency to our shareholders. The buyer will be traveling to PGI Energy headquarters in Houston the first week of October to inspect the first two rigs, at which time they will pay the 45% down payment through a letter of credit for completion and delivery of the order. While we rely heavily upon contracts and documents entered into between us and our vendors, we are mindful that business interruptions occur that affect the performance of contracts which could ultimately cause terms of a contract to not be performed. We take every reasonable precaution in securing agreements that we believe will be performed as agreed. If upon inspection of the rigs the buyer decides not to move forward the rigs will be sold to other clients. The completion of these rigs will add significant shareholder value and strong revenues. PGI Engineering & Manufacturing has been negotiating with several potential drilling services companies to purchase more rigs. The company is positioning itself to take advantage of the current industry demand for new drilling rigs... we see this as a great opportunity to grow the business.
PGI ENGINEERING & MANUFACTURING, INC.
PGI Engineering & Manufacturing develops a variety of products for oil field services companies, products include: land drilling rigs, crown blocks, top-drives, traveling blocks, rotary tables, pipe handler equipment, catwalks, automation, robotics, and full repair services and material handling equipment. Structural Dynamics Engineering has been a privately owned company by Jose A. Macias, M.E. who has worked for several companies in Aerospace, Automotive, and Structural Design. Mr. Macias has also been providing consulting services for multiple well know corporations since 1986.
Website: www.pgi-engineeringmfg.com - Formerly: www.structuraldynamicsengineering.com
Super Slant Drilling Rig designed by Mr. Macias and built for Precision Drilling can be seen on You Tube at www.youtube.com/watch?v=1Au2kTVWoe8
About us
PGI Energy, Inc. is an energy holding company headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil, gas assets, refinery, pipeline sectors of the energy industry and other synergistic assets.
PGI has formed several partnerships to grow its core business organically through strategic alliances diversifying its interest in green energy through biomass production, waste to energy, wood pellets production, syn gas, bio char production and plastics to synthetic crude. PGI has several core divisions which provide support to its operations and customers such as PGI Transportation & Logistics, PGI Engineering & Manufacturing, PGI Green E & P, PGI Commodities Trading, and PGI Energy Trading, LTD.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
For more information visit: WWW.PGIEnergy.us or Email: ir@pgienergy.us
Contact
Media/PR
PGI Energy, Inc.
Jose I. Colon
832-900-1400
We will see green for a few more days. As long as it close in green than I am happy. Friday might be different though. The stock market is usually slow on Friday. Most stocks go down a little at end of day unless the volume is strong enough to keep it above the open price. If this happens than we will most likely see green next week as well. GLTA!
We will probably break .002 tomorrow but will probably close at .002.
I still believe that we will close green again.
The L2 doesn't look that bad. It looks pretty good actually.
People will have to slap the ask if you want to see this go skyrocket.
Looking very good! Covering all those scare sellers.
I wish I had the money to buy this cheap shares. I spent my last few hundred yesterday.
We are setup for higher highs. News are out and the longs are holding tight. Shares are very cheap at this point.
News usually comes at before 10:00 am or before end of day. So far we haven't seen any news.
LOL...we will never see that level again. We will be testing .02 again soon.
Bid: 0.0053 x 5000
Ask: 0.0062 x 5000
GO MMTC
My share count is still the same but for some reason I have a quarter more money in my total value. Could this be the dividend they were talking about? I am using Fidelity.