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forgot to add roll the dice on thelast one.
bet on oil
from rancho
A gallon of gas for $3? Wanna bet?
Reuters
Posted Saturday, August 06, 2005
NEW YORK — The largest sports betting site on the Internet expanded Friday into the energy arena, offering gamblers a chance to bet on soaring U.S. retail gasoline prices.
“Record gasoline prices are affecting everyone, so why not let people bet on it?” said PinnacleSports.com spokesman Kyle Fratini. “We’ve been thinking about this for months.”
The online betting site, which normally focuses on mainstream sports like football, basketball and soccer, is giving gamblers a chance to bet on whether gasoline will reach $3.00 a gallon in New York or Los Angeles by the end of the year, with 30 to 1 odds.
On Friday, average gasoline prices in Los Angeles were a lofty $2.616 a gallon, up more than 20 percent from last year and among the highest in the nation, according to the AAA’s daily survey.
AAA’s survey will be used by PinnacleSports.com as the benchmark for its bets.
Nationwide, gasoline prices are zipping along just over $2.30 a gallon, within 2 cents of the record peak hit July 14, as oil refiners are forced to pay up for record world crude oil prices of over $60 a barrel.
Also up for wager: Will the average price of gas in the United States reach $2.35 per gallon by Labor Day? Will the average price of gas in the U.S. reach $2.40 per gallon by the end of the year?
Fratini said maximum bets on gasoline will be around $500, though the site allows for bets in the thousands of dollars for sports like football.
That was a gonadder
walldog you are getting nearly as paranoid as he is! Maybe its because he put a few of your posts up on his blog. He sent me the one where you mentioned you were in and out of ERHC like a cheap whore and it was your cash cow. Good for you!
someone said so
you curse out the trading activity one day and say its ridiculous and you have never seen anything like this, and the next day you say nothing is out of the ordinary just go back to sleep.
Missed those weekly interviews, but they did a good job delivering us the news Joe Shea put on the blog.
If the price goes sub-penny it's just a better buying opportunity. So let's bring on the SEC.
bkboy if the company wanted to see a rise in the PPS they could do some things but they don't do them. They are not surprised by the share price and do not care for now.
WHAT?!?
"I find it incredible that people here still think members of these groups can really influence the price action of this stock in an organized manner. Its just not possible IMO."
Who influences the price action and how did it get cut in half? Sure is Possible. You see it.
Some of you know who they are but do nothing.
WHY?
I guess someone needs red for something.
If Mr. Sheffield wanted to have Pioneer buy half of ERHC for
2 dollars he'd be pretty excited to see the share price at 40 cents and not closer to 1.40.
The moderators of this board know redinvest is a con-artist but don't want you to know. Why?
We wish.
topdrive call rancho and you will discover that he and I are both in Chicagoland. He has posted his phone number on his blog. 224 is a cellular phone code for the northwest suburbs. Joe Shea is in Florida. I am interested in knowing who told you that particular lie and why.
I am a friend of rancho who told me it was safe to buy after awards. Ha! But he did say the sharks were in the water. He is the one who told me that she has not responded to one of his emails. Ward Communications is the new-old IR firm. Micky somebody from Ward did the PR when Pioneer and ERHC announced the MOU.
gigwoof it is not a new IR firm. They are the old IR firm brought out of the closet, but the head lady is overseeing the situation. She will not tell you how she gets paid.
The volume from the past weeks was a fake and a farce. Nobody is buying and selling last two days - same time as since rancho brought red out behind the woodshed.
I don't think anybody was really buying and selling before.
There have been no real sellers. Only price depressers.
Good thing for us the big sellers and those new investors who were buying all those shares all disappeared at the same time.
Not.
Maybe someone got pinched and the games are over?
rancho called me and said he hopes to see all of red's missing posts on every board from RB returned by Sunday evening. He will be very disappointed if that doesn't happen. I'm out to meet up with him and look at some papers. See you Monday.
nwtf look before you leap.
rancho did all that months ago. I like red's little bible verse at the bottom. Makes him look honest. Ha!
His computer works. It isn't broken it was just eavesdropped.
How do you know it wasn't Art or Red?
I think any individual can buy a computer from anyone. It doesn't have to be ordered from the government directly.
rancho also requests that redinvest un-erase all of the redinvest posts that he erased today from the various message boards. rancho says he hadn't finished copying all of them yet and wants to make sure that the two dozen he missed were not as good as the ones he has.
Why would red erase his own posts if he has nothing to hide? rancho says monkey and mongo have done the same thing.
OT A note from rancho with love.
Suppose I'm an idiot who just lets my computer get hacked because I'm an idiot and don't know any better.
But now suppose I just pretend to be an idiot who lets my laptop get hacked, but in reality I was hoping/begging/pleading for it to get hacked. Then what would I do? If I was devious, I'd sell the same computer to an employee associated with law enforcement, or the Federal Government, and let them eavesdrop to their heart's content. So the computer belongs to a member of law enforcement or the Federal Government. How official is that?
Now here's where the sticky part comes in. According to the Computer Fraud and Abuse Act of 1986, it is a felony offense to break into federal computers and traffick in computer passwords.
Would that computer fall under the jurisdiction of that act? Wouldn't there be some kind of paperwork involved and what-nots?
Any thoughts, Art? Red?
Have a great weekend.
Rancho wants to pass along the information he believes the
Mark Rice with Cranshire is not the pump and dumping Mark Rice of Primex and SEC fame.
The spin continues. I'd post on RB but someone didn't like my real estate advice.
By: oiljunior
29 Jul 2005, 11:42 AM EDT
Msg. 63577 of 63578
(This msg. is a reply to 63571 by ruby1100.)
Jump to msg. #
No one has still proven that ticks at the ask are buys. I still see it as overaccumulation for a year or two pre-awards by a whole lot of traders/investors who now still see it as dead money for a year.
Raise your hand if you bought on credit card, or home loan money? I personally know of three and at least 6 more that did.
We should be so lucky that we really do have new accumulators sucking up those shares being sold.
My patience will never run out on ERHC. $2.00 is a joke.
I finally came to an agreement with the wife, so as not to ever borrow on margin and lose again. All my shares are now being issued in certificates for her to lock up in a safe deposit box. Just wish I could afford more than 1,000 shares a month.
There are no new accumulators. There are no traders or investors still selling because they think it's dead money for a year. They sold at the start of the dive. I'm sure he saw the credit card statements and reviewed the home loans too. How far will you go to continue the lie. Rancho asked me to ask him if his wife knows he has a girlfriend whatever that means.
what is the gig and who is going to let them know it's up?
That's why they buy ERHC now when it's still hypothetical and not proven. They could convince someone that 2 dollars if fair since the price is 40 cents and nothing is proven. They could not get 2 dollars after oil was found. They say CVX is drilling in October and that will probably erase any hypothetical. The JDA firmly states they want the signed PSC's before October. Buyin conditional on PSC.
Nothing will move the price. If Lee Raymond begged Offor to marry his daughter and help run his company it would not matter. I think the leak was to reassure the faithful and not attract newcomers and it worked.
They won't say uncle until the buyin or PSC. There is no real seller -- only a price suppresser.
The buyin possibility comes from different sources and it also makes sense for both companys. It won't at $2 a share if the price of the stock is at $3 when they want to buy.
Pioneer and ERHC must have thought this over for a long time before awards. Pioneer would not pay more than they had to and each dollar in share price appreciation is 350 million more they would have to pay for majority ownership of ERHC. ERHC big holders would want to give Pioneer what they wanted at a reasonable price but still make money. If the big holders average cost is 2 cents they take their original investment and multiply by 100. But the deal won't happen if Pioneer has to increase their bid by 350 million for each dollar increase per share.
The trading is fixed. Every run is cut down and brought back where it belongs. The company is not interested in responding to our share price situation and it is my thinking our company is helping us to remain at 40 cents. If we go higher, the deal could be cancelled and then Nugent and Wilson don't get their millions of shares bought for $2.
They say Nugent and Wilson both want cash now for different reasons related to that GEEC lawsuit. They could not place tens of millions of shares on the market and get $2 for them now. Maybe they keep some of their shares too. Offor will keep his shares I think. Bank also probably sells.
The MMs are on Red's list, not Govols.
Can anyone confirm or deny Mark Rice of Cranshire Capital - selling ERHC shares - is the Mark Rice of Primex who was spanked by the SEC and told not to play penny stocks?
Red?
http://www.sec.gov/litigation/litreleases/lr17414.htm
ts they do sell shares - to each other. The hedge fund acquired shares at fractions of a penny. The hedge fund dumps shares asking lower and lower prices and starts a snowball rolling. Then the individuals from the hedge fund wait and buy back during the dump knowing they made money as a client in the hedge fund and also will make money buying anytime after the dump.
nwtf do you think the Mark Rice who controls the hedge fund which sells ERHC shares is the same hedge fund manager Mark Rice who was punished by the SEC for illegal pump and dump?
ts you can buy three times as many shares at 40 cent than a 1.20 and 10 times as many than at 4.00. That is 3 to 10 times the profit at the end.
Coleman probably no - Chanshire probably yes. Cranshire group clients make money coming and going and maybe shorting too. Then the individual clients themself make money again by buying back after the dump and waiting a few months.
From 1 cent to 80 cent. Ride and short it down.
Then from 40 cent to 2 dollars or more.