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OT - lol...thanks eik...you put a smile on my face! ;) We might get banned now...please Strongus...let us stay!
which sounds like our last jump to 0.07$ could have been powered by some insiders...who knows...
With nwog future value just might be pure speculation...or at least some high risk investment...anyway...if we talk about 100m shares I'm pretty sure they have a little more information bout the company than the common ihub member like us.
Don't mind me - I'm just bored today. ;)
I'm happy to see theres some more action with my other stocks but still nwog is a big player in my portfolio.
Let's put it this way - if someone accepts 100m restricted!!shares in exchange for something else he must consider 100m restricted shares to be of a higher value compared to whats "exchanged". Could be good...could be bad. In the end it'll depend on what Mr. M is going to do with whatever he acquires.
wouldn't say to "work with"...they wont even see $7m...it'll be in exchange for somethinge else but not money...hope it's worth it...it's time for some news...it's a pain to wait and wait without anything...no wonder people tend to sell...
the never ending short selling story - just a bit overrated, just a bit!
Anyway - even if we've seen some big red during the last days for me the volume during the green days against the volume during the red days still makes it look like an uptrend after all.
It just looks like whoever jumped in in the 0.06-0.07 range is out of powder currently. ;) This might change again.
To talk bout an uptrend we need some green today...or maybe a some PR to see they are still alive. ;)
No worries - a seller needs a buyer to sell something...the problem is the lack of security...market makers usually react with a drop in price whenever theres some selling to protect themselfs against taking the risk of holding a pink stock and reduce selling pressure.
0.4 is possible...but we could go up with some buying as well.
I'm pretty sure someone went out coz we are slowing down a little and the gains during the last days sure have been a good play for some of us...profit tracking.
Hopefully most stay a little longer...as i said a couple of times...it could go down quick if lots want to get out at the same time.
sure - but you know how pinkyland works...people get scared out by red candles...i'm long anyway so i'm cool :)
we're going down...big time...
I think most of us are kind of relaxed after the latest gains...with the panic gone theres also no urgent need of putting bits and pieces together anymore to find some promissing stuff.
But to be honest I'm a little afraid of the trading activities during the last days...nothing happend...this usually forces people out of an investment...specially on the pinks.
We need a little green to support the uptrend.
yes - we need some upticking otherwise some might jump out and make us go down again...
yes - no action not nes. means theres a problem...the only thing is that the longer we wait the more important is what'll happen next - tick up or tick down.
Let's relax and enjoy the long nwog weekend including monday morning hours. ;)
As now everybody knows bout the interview the market should be happy and request some more shares on the buy-side. Let's get green today.
We actually have to see some green today to not scare investors out again. (IMO)
BTW - the interview sounds good to me...I'm not talking bout the content itself but more about the way it's put together. It'll help build trust in Mr. M. I think!
Reminder - auction this week on 21st. We might see some news on 21st (maybe premarket due to time zone). Sure not a blockbuster compared to other potential stuff but just for you to keep in mind.
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MOSCOW, May 22, 2007 (MARKET WIRE via COMTEX) -- North-West Oil Group-Saratov, a division of NWOG Inc. (PINKSHEETS: NWOG), will participate in an auction to acquire the right to explore and produce hydrocarbon material at the Davidovsky license field (850,53 sq. km.), that is going to be held June 21, 2007.
The field is located in the Ulianovsk region, Russia and borders upon the Penza region.
Through a part of the field runs the main regional road. The territory of the field is crossed also by the main-line railway, gas pipeline and the oil pipeline "Druzhba."
The reserves of the Davidovsky field include 9,760,100 barrels of categories C(3)+D(1), 5,015,100 barrels of category D(1) and 4,745,000 barrels of category C(3).
The approximate value of the asset amounts to 3 mln. $
Just explain to them they could go out on the weekend for the money you would pay...it might help. ;)
Fun and joy with the friends on the weekend in exchange for some nwog shares...I wonder if exchanges will offer a free text box with every order to tease the market a little at some stage. This is what i call an enhancement.
Red Friday? Maybe - Maybe not! As long as we close above 0.068 I'm happy. Anyway - wish you all a good weekend! Enjoy!
I'm off to visit Hamburg - and have some nice hamburgers (the ones to eat of course)...
yes - since quite a while no more frankfurt trading...
i'm ok with the fact strongus reported it...strongus is as good as a PR for me. ;)
They said they'll buy at prices up to 0.12$...which implies they expect prices above 0.12$ at some stage...after the buyback of course. ;)
If they really bought 30m shares back they almost gained another 50% value by the rising share price.
Sure, they wont be able to dump 30m for the current price but they can calculate their assets based on the current price. :)
In europe theres a simple concept - the more you go south the more people prefer to enjoy life over working their ass off. ;)
At least thats the feeling i have when i visit southern europe.
But believe me - if I would live in italy i also would prefer to enjoy all the brilliant things they have instead of working the way i'm used to.
I'm fine with whatever happens today. I think the most important step happened last week. :)
Some consolidation is fine either...there always will be some profit tracking after such a huge jump.
Anyway - in general mid term everything looks good (for those invested). :)
We had 6 green days in a row with 20+m shares traded. This indicates a trend reversal. Todays 0.5m shares wont change this.
Everybody who jumped in last week jumped in because of expectations - and almost everybody will pump some more money and pick up shares in the lows.
Thats why I don't care about what happens this monday. I'm pretty sure all new investors also want to see this go up.
If everybody believes a share prices goes up, it goes up...it's like a self fulfilling prophecy fulled by the peoples money. ;)
I guess we'll see some green today...or at least nothing worse than -5%.
today looks good! some profit tracking going on but still green...this is what a trend reversal is about.
btw what about out short squeeze fantasies...anybody remembers back 2-3 months ago everybody was counting every single sub penny tick up to reach the squeeze price...seems like this topic is gone forever...or at least till the next massive downtrend. ;)
"a god" implies there are more than one...big boss wont like that...don't you know theres only one god?! ;)
Guess why! ;)
Whats wrong here btw? Funny...good news price down...no news price up.
Just a lack of news and some insider activity?! NWOG management is smart...buyback in the lows and now a lift off! Just as most of us guessed... ;)
Sounds like private to me - but I would expect some positive spillovers for public as well. :)
Me yesterday - 0.042! ;)
Keep it up guys!
Feels like hes still pulling!
I'm happy to see we breached 0.043 today - next stop 0.05$...but i think we'll also see some red during the next days...good old flipping game.
Anyways...indicators look good for some more green during the next weeks! I'm long and added some more shares last friday. :)
0.043 was the showstopper during the last weeks...so if we breach 0.043 i would be happy. :)
maybe to collect some cheep shares before the market makes a jump...who knows...all I'm sure about is that they know what they are doing. ;)
this is getting mysterious now...well...nothing new to us nwog investors...hope it not turns into a daily soap ;)
no its not manipulation as long as theres no market maker willing to buy stocks at a higher price...lets not forget theres always two sides to consider.
dont get me wrong but if this would be a trustful full reporting company it also wouldnt be high speculative investment...people looking for "risk free" stuff shouldn't throw money into nwog!
I'm pretty sure if NWOG manages to get one deal signed of all the ones we currently have in the pipeline this will give us a massive boost and will rebuild trust in the company.
I hope they get one of all the deals coming signed, done, confirmed etc.
Right now the market just complains about the fact that nwog also just releases plans, upcomings stuff and so on.
Once a deal is signed the market will recognize nwog as a serious company again. This is getting more and more important (from my point of view its even more important than aud. fin.) as we have lots of things in the pipeline.
who not ;) EOM
Well - a 1$ scenario would require lots of positive future projections. Only good development and growth and PRs which give us an idea about how company is growing could bring us this high.
NWOG is in a situation to manage this but theres still a lot of work to do for our russian friends i would say.
Anyway, personally i thing mid term 0.6$ scenario sounds much more realistic to me.
In any case, they have to become more transparent (full reporting/clear PRs etc etc) - share prices goes up when people are willing to invest and buy...most won't as long as they don't see how company is doing...apart from us crazy people around here of course. ;)
agree - a 100% useless PR nobody understands apart from them...how should the market react? i don't get why they don't take 10 minutes of their time to put out a useful PR everybody understands.
All we do know is just guessing...pff