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Expert on Shorting I see?
Good to know you are out there saving the nut bagholders everywhere.
You got that right Ben. Can't argue with anything NYPD says when dealing with his stats.
What's going on Today??
fAt, Did your little bird get the best of you? A few missing parts eh??
GOOO OILLLL!!!
"SOON"
"should"
All great words to grab you by the britches!!!
GO OIL
FYI, Some Companies don't drill wells. They just Participate in wells. They pay a premium to get into a "Deal" because they are not set up to do the day to day operations required to get the paperwork done as well as get the oil and gas to market.
This I why I asked the question. BP would have been really dumb to have taken 100% of this project. they would have had investors.
LOL, WUTS so funy about that question? If you really think it is a funy question you had better go invest in gold mines. There are Oil Promoters who will eat your lunch. It has been going on for years. just like Shady was talking about. A promoter will try selling a "deal next to a producing well when there is no way in heck oil or gas is under where you are paying to drill.
So I Guess your answer is BP?
Shadey, I was wondering if you knew who owns the working interest in the well blowing out in the Gulf?
GOOOOO OILLLL!!!
What players are you talking about. I live in SC. There was a well drilled over here. To get the players to show up wasn't any problem. All the service companies have wheels on their units. To get them here all Texaco had to do is show them the money and they drove like wild Indians to help out.
You were trying to mislead me into thinking lots of oil companies were producing in some certain area. If you had a list and it said Piggly Wiggly was making money from oil and gas proceeds would you delete it from your list? You do know they are down the food chain in the way of money flow bat granted they do prosper from production in some locations.
They don't own any wells!!!!
They log and perforate wells. What part of the frac job does Schlumberger do???
BTW, DID I SAY THEY AND HALIBURTON DON'T Own/Operate wells.
AND YOU DIDN'T tell me where you got the list from.
"In the early 1980s, Halliburton was instrumental in pioneering the horizontal drilling and stimulation methodologies used to economically exploit the Barnett shale gas reserves." HAL does all kinds of drilling. Look at yearly report - <<in the Haynesville and Marcellus shale >>
THEY DON"T OWN ANY RIGHTS TO THE HYDROCARBONS
From what I know they are both involved in many areas as a driller.
THEY ARE NOT DRILLERS!!! THE Driller works for the drilling company.They are a service company and get NO money from production.
Hal was doing a cement plug in the gulf for BP,,, but not a "cement company"? Driller.
<<I have never heard of Haliburton and Schlumberger Operating wells. One cements and the other logs wells.>>
LOL I Think you are over your head. They are a cement caompany in the oil field. They are not a redy mix. But they do mix cement and water to pump down the holes for diferent purposes. LOL
SLB I have owned on and off ( mostly on) for 10yrs plus.
Projects all over the world - one the best drilling contractors.
http://www.slb.com/ check them out.
I have checked them out I worked for them.
Me and dsahe, same person? Not even close. Read our posts.
I am just happy he is posting something about actual oil productionn, instead of just target prices etc. In the end this is an oil company(fat's coment coming). They will be judge now on production numbers and revenue (not what some day trader thinks they might go to).
I live next to the ocean. One cubic mile of ocean water has more gold than fort Knox. I would think if fAt was to JV with Martha Stewart to get the gold out of the ocean he would be really loosing his mind.
I am not sure If I responded to your post(it was a little silly). I do not know of people getting paid for being in the area. I have heard of people being paid if some company thinks a hydrocarbon resivoir may be below their property.
Shadey, How deep is the production zone Shell is producing from? What formation is it flowing from? You do know some leases are restricted to certain depths and they are only allowed to produce from those intervals.
Shadey, Where did you get this list? I have never heard of Haliburton and Schlumberger Operating wells. One cements and the other logs wells. Looks like a stock list from cyber space.
OOM OOOM OOMMM .I SEE I SEEE I SEE. Very interesting that oil is being bought.
Now I'm out of posts. Great Gosh!!!
Oil is down but imh is up.
VARRY VARRY VARRRRY VARRRRRRRY INTERESTING MR SELLERS. Oil is King!!
I hear in trading stock you should sell when everyone is excited. The time to buy stock is when everyone is sad. GO Oil!!!!! Buy BP GAS!!!!! TOOOO DA MOON!!! Wake up fAt!!! You Sleeping??? Miles is it warm enough to play golf yet? Jmap you take care of the kids. Snappo you do the same. Any one seen Art? What is Thomas S. Doing these days? Marty How are you feeling? Big Lou how are you? Keith, how's life?
I'm running out of posts and needed to get those shout outs in.
You got that right!!!
After 10 , HOD, TOOO DA MOOOOON! for oil
What did Ben do? Did he step on your toe? Does he hate Kitties? TIA
Dang used up another Post to find out why Ben is HATED.
Exxon has great Gas. But I would suggest if you are unable to get EXXON Gas to buy BP Gas. We are going to have to pay for this spill one way or another. So why not support those guys. If the shoe was on the other foot I would post on their board to buy XOM stock.
For the grace of god this disaster isn't EXXON's. Why not help BP out? One thing BP is going to be able to do is share all this school of hard knocks info. with Exxon so they can prepare for the worst.
Filling the gaps is a traditional way to trade stock. Say it gaps down and starts trending up people jump in and buy . After the gap is filled or if it is past 10:00 this play is off the table. After 10 the sp can go anywhere.Just a crap shoot at that point when buying unless the sp breaks through the HOD.
FYI Level2 is a funny thing in pink sheet land. For you and me it is something to make us think we know whatis going on.
I have placed orders and they are not reflected on the TD Ameritrade level2. But the SEC is aware some people have a level3 system where they can see the actual orders. This allows some people to sell a ton of shares and not blow out the support.
Dang I'mm burning through my free posts too fast.
Yes I believe fAt has a huge EGO. It's a little dinged up. Scratched and abused over the years from the school of hard Knocks. But still an ego with credibility.
Sounds like a screen door slamming again. What's all the noise.
fAt must have a huge IQ.
Thanks for the link. And no I still can't figure "this" all out. Not sure what it is you are thinking I can't figure out.
But what I did figure out is BP is in a hell of a mess. We should all buy BP gas to help them fund this disaster. It is going to come out of our pockats one way or another. For anyone to buy oil from CITGO and not BP they must not have done their DD.
Oh BTW, The first day the spill happened I told everyone that BP needed to design an overshot to swallow up the stub of pipe flowing oil. And inside the overshot there needs to be a jaws and packer rubber assembly to latch on to the pipe and seal the connection off. Well what do you know? I'll be willing to bet this will be the solution to containing the oil until the relief wells are drilled.
Another thing I do know is fAt posted on the GMSC board and those guys hated him. Now they are his friends holding their bags at zero bids.
Not sure If I used your link to answer my questions . If it appears I am still in the fog about oil and gas please give me more links. ROX
How you know what I have on?
Can you give me a link to one? I want to short a few stocks that have no value but the PPS is way upppp there.
How can I short a penny stock? What broker will allow me to do this? TIA
Define Bounce . TIA
Math Time. If a stock goes down 50% It has to go up 100% to get back to the same price. True or false??
Sure has quieted down. Now I can hear myself think.
What's going on? It sounds like a screen door during a tornado in Kansas.
fAt, I don't know if you know this ... Just something I found out on my own.
Shorted shares showing up on reports is usually a sign a funding company is selling shares to raise money under a 504 and they just have not had the time to report them to the TA. It just makes you think one thing and something else is actually going on.
How's Everyone?
Dang fAt!!! You know everything about the markets and oil.One Atta boy for you.
Good Night fAt!!!!
Grape, I moderate the GMSC board. It was crazy over there a few weeks ago. fAt was warning against people buying over there and now the bid is NO BID. They were all mad at him for telling the truth. Now that they have let the dust settle those guys have now become his friend .
Yea, I believe you. To make money you have to pump the books and sell millions for a cent profit here and there. Then it all adds up to serious money.