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At what price would you add to your position? Any suggestions?
Ok excellent........Geez
Keep calling them Stink. You have a pretty good record.
I betting you all are right. I think they understand the pressure of showing some sort of sales in this last quarter. Tick tock!
Is anyone else ready for some IFUE news? Seems like an eternity!
That was a foul joke stink! LOL
Stink tell him to buy some more.
Nice gain today on zenx. Thanks Stink. I sold the empf too soon but had a nice little gain. I appreciate your insight.
Many Thanks
Just closed on a home in Tampa area--New Port Richey, 3 weeks ago. Across the street from the gulf. Was going to leave Monday to stay for a week with Mom. Sh--, I hope it can swim
Did you see wegi?
Stink you picking up some zenx?
Are you holding?
Muchas Gracias Stink.
Are you looking at a sell price or just watching to action to determine your exit strategy?
Nice buy @ 2.00 25k shares
You are in the music business after all!
Looks like it may break the 52 week high today
EMFP looking pretty healthy right now. Thanks for the tip Stink.
I appreciate the update. Any indication of sales this last quarter?
Has anyone spoke with IFUE lately? I nominate Stink to get the new poop for us.
Stink, if we bust 1.87 do you see the next area of support @ 1.75?
Just hoping for some news soon so we can get off this 2 dollar mark.
Stink, what is driving our price up?
Let me know when you get out or your target price please. I'm in @ 69.5
Thanks for keeping us in your loop Stink. I know I appreciate it.
We get close to 1.50, I'm buying.
What's this WE crap Defender? There is no we in IFUE when it comes to you.
IFUE web site is a great source for fuel crisis updates.
Everywhere...
Fuel black market prices explode print friendly version
author/source:Zim Online (SA)
published:Sat 1-Oct-2005
posted on this site:Sat 1-Oct-2005
Article Type : News
Energy minister Mike Nyambuya, who had said the biting fuel shortage would be a thing of the past by last Tuesday, could not be reached for comment
Harare - Prices of petrol and diesel on Zimbabwe’s fuel black-market have shot up to about US$5 per litre as a five-year fuel crisis that worsened in recent months threatens to bring the country to its knees. The illegal black-market has become the only reliable source of fuel for individuals, businesses and even some government departments as only a handful of garages across the country are able to intermittently supply diesel or petrol. But prices on the unregulated parallel market have risen to as much as Z$120 000 per litre of petrol or diesel or about US$4.61 at the official exchange rate of Z$26 000 to one American dollar. Petrol costs Z$22 300 per litre while diesel sells at Z$21 000 per litre on the official market that has however remained dry with some garages saying they have not received a single drop of fuel in the last two months despite promises by government officials including by President Robert Mugabe this week that the shortages will end “soon”. Fewer cars could be seen on Harare’s roads as motorists decided to park their vehicles to conserve on whatever little fuel they may have or because they cannot afford the high prices charged for the commodity on the black-market. “I have got about half a tank of petrol, I am keeping that for emergencies and for any other errand, I will use public transport,” said Joseph Maromo, an account relation manager with a Harare bank.
Zimbabwe’s fuel crisis, which set in after the International Monetary Fund withdrew balance-of-payments support in 1999, is a result of an acute foreign currency shortage that has also seen the country grappling severe shortages of food, electricity, essential medical drugs and other basic commodities because there is no hard cash to pay foreign suppliers. Chaotic government land reforms that destabilised the agricultural sector, the country’s main hard cash spinner, also helped worsen the shortage of foreign currency required to import fuel and other commodities. Energy minister Mike Nyambuya, who had said the biting fuel shortage would be a thing of the past by last Tuesday, could not be reached for comment on the ever-deepening crisis. Main opposition Movement for Democratic Change (MDC) party economics spokesman Tendai Biti said the fuel crisis could see several of Zimbabwe’s weakened industries collapsing. Biti said: "Energy is the centre of any normal functioning business and to go for this long period without reliable sources of energy is just killing business." He added: "This (fuel shortage) is a sign of a failed state. The problem is that we do not have foreign currency because there is no production. Our supply side is crippled, hence this crisis." Zimbabwe’s businesses were already operating at below 50 percent of capacity owing to a variety of problems including hyperinflation, shortage of foreign currency to import machines and spares as well as some raw materials.
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Right on GMAN. Keep it up. Good luck to anyone waiting for .80 cents to roll around again. Ha!
Cool. Thanks Stink.
Looks like a doji to me. Indecision is in the air, for now anyway. Sales cures all however.
Stink You meant 2.14 a share?
The MM's are Sure dropping the price fast
Looks like a buyer
True, it is comforting they mentioned the end of THIS quarter for some sales news too.(meaningful revenue opps" As Forest Gump would say about money "One less thing" What is your read on alternatives to the otc board. Maybe a move coming up?
Is that at 1.46 a share?
We are due for some good news. What is your take Stink on the pending litigation? If you think there will be some.
Stink...every add the number of shares up? Curious to see the results.
Defender..We have doubled in price from when you sold. You look so foolish shareless.