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Agreed LCJR.
To your point in your post... I've never in all my trading seen a SP gapped down 80% on an opening!
Or, even intraday sell-off of 80%, seen 50%/60%, but not a 80%.
That's true sorc92... if we are going to be totally honest, w/o politics, on the Energy issue for the country.
Thanks percival77!
Agreed Pro-Life.
Here's what Kay Cashman stated about Eric's credibility and industry competence.
She's the editor and publisher of Petroleum News in Anchorage, writes about Oil & Gas companies every week. Found her to be a true source of good knowledge on Eric and $EEENF.
"the company has Erik Opstad. Opstad is an asset in himself—he has an excellent reputation for honesty and knowledge of the Slope. You should push to let him write the 88E releases. There would be no B.S. but there would be obvious competence. Or, at least, allow him to give interviews about the Merlin 1 well results."
I totally agree with her 100%.
Would be nice if the company would allow Eric to put out the next PR on the results. He's the real deal in Oil/Gas industry according to Kay. His resume/experience is incredible.
Thanks PB!
Hope DW/$EEENF does the shareholders right and no BS. We will know soon.
Thanks brother.
I agree.
Let's get some $EEENF!
Thanks Brother!
Hope you get a response.
That's an awesome find on Eric, timez1000!
What I like in your find is the "Expert Witness" comment, that's sweet!
There's got to be some $$$ reasons why he's working with $EEENF on their projects.
Your welcome, brother!
Same here... holding for black gold oil, patiently.
Just emailed DW this evening. At Fri, April 9, at 3:41 pm, Pacific time zone.
Hoping he takes the time to respond, but not holding my breath, that's for sure! LOL
dwall@88energy.com
Also, $EEENF article, written by Elwood Brehmer, with the Alaska Journal of Commerce, from April 7th.
Just emailed Elwood regarding his thoughts, knowledge, and opinion on $EEENF. Hopefully, he responds next week.
Here's his email for those that may have some good questions for him.
elwood.brehmer@alaskajournal.com
I'm on a mission to seek out the truth/facts on this company for all of us. I want to see all of us win and bank $$$$ in $EEENF.
Will post if I get responses.
https://www.alaskajournal.com/2021-04-07/88-energy-hits-nanushuk-south-advanced-prospects
GLTUA in $EEENF
Unless, they're doing two independent lab analysis. This will take a little longer for the results.
Agreed
That would be very nice to see R-B!
Also, I just emailed Mr. David Wall after I found his email. Here it is for all you shareholders, traders, flippers, ect.
Please take a minute to address your thoughts/concerns to this managing director, whom suppose to have shareholders interest.
dwall@88energy.com
I agree with Kay Cashman, that we should push DW to allow Eric to write the next PR. I have emailed that concern along with some questions to DW.
Doubt he will reply, but you never know till you try!
Let's Go $EEENF
FYI... Emailed Kay Cashman, writer that wrote "Beaten to pulp," from Petroleum News. A weekly Oil & Gas newspaper based in Anchorage, Alaska.
Read her article very carefully, on the front page. And, read between the lines!
https://www.petroleumnews.com/pdfarch/90654407.pdf#page=1
Emailed her this morning, Fri., April 9, at 9:07 am. She was nice enough to reply back to my email, at Fri, Apr 9 at 9:33 AM!
See her reply below. I found her positive on Eric's honesty and competence, and $EEENF. I'm staying the course with $EEENF and betting they hit oil.
Hello Rick,
I am glad you liked the article.
I think the reason the 88 Energy stock fell was because the company was much too optimistic in previous releases. Unless people understand these types of things are very normal on North Slope drilling projects off snow and ice roads.
I can tell you this, though, if I allowed my reporters, including myself, to invest in any of the companies we write about, I would invest in 88 Energy right now. Both the Project Peregrine and the Yukon leases are valuable -- and the company has Erik Opstad. Opstad is an asset in himself—he has an excellent reputation for honesty and knowledge of the Slope. You should push to let him write the 88E releases. There would be no B.S. but there would be obvious competence. Or, at least, allow him to give interviews about the Merlin 1 well results.
Oh, I forgot one question: I don’t know if 88 has an oil discovery in Merlin 1. But the signs are positive. And Dougal Ferguson’s selection of those leases was an intelligent, well-informed decision—in my opinion anyway and most of my information comes from various North Slope geologists. But only the drill bit will tell. Good luck!
Kay
Kay Cashman, publisher & founder
Petroleum News
Main office 907 522-9469
Mobile (best) 907 229-7057
www.petroleumnews.com
Agreed with all your posts, Livinggood1!
Waiting patiently when MMs are ready to release $EEENF!
Agree with you, Screwdriverx. Makes total rational sense.
Otherwise, why wouldn't he just wait for all the samples to be analyze by the lab, then put out a great press release from all the testing results. He would definitely have more concrete facts and positive info to release to retail... Unless, he/BOD had some ulterior motives for the company.
There's a logical reason for this SP beat down. There's no way the SP, all by itself just went down from Retail selling!
There was a catalyst, that was the vague/ambiguous PR that sparked the retail sell-off... but some high executive/BOD within the company have to create a precise plan/execute... their ulterior motive strategy. Someone put it into motion.
All this BS didn't happen out of thin air, or retail, or by accident. Someone in the company came up with a calculated and precise plan.
(AIMHO)
"What’s next for 88E?
88E will continue to deliver news from this drilling event.
There will be a lot of lab analysis over the coming weeks which is going to help 88E understand what it hit in recent weeks and the company will start to reveal what the plan will be to figure out exactly what is down there....
We would expect some news on sidewall coring over the coming days. Perhaps we can get some early results there, before the cores go to the lab for further detailed analysis.
Petrophysical analysis will also take place over the coming weeks and months."
https://www.nextoilrush.com/88e-what-just-happened/[url][/url][tag]insert-text-here[/tag]
That's funny ROTTWEILLER! Good one.
That's what all the sheep did. We are not sheep!
To all that are watching Level 2 action...
Here's what I'm observing... all MMs are accumulating on the BID, more than their size order... that is a fact.
They drove the SP down to scoop up millions of shares from .0182-.0170.
.0170 should be the bottom today, we'll see at closing.
Some are loading up big time on shares. We are in a new Loading Phase for what I think some know what's coming. When the MMs/Big Whales get all the shares they want, they will release $EEENF again. We have to patiently wait for it. (AIMHO)
Holding for the real story.
GLTUA!
Very nice find MELBENZ2020!
There's some tidbits of clues right there showing what's possible in the near future.
Good job, brother!
pitacorp, please read this article very carefully, and read between the lines what these Oil Experts are hinting too.
In which, DW didn't do a very good job explaining in his PR.
https://www.petroleumnews.com/pdfarch/90654407.pdf#page=1
Yes, so true MELBENZ2020!
I know what MMs can do, cause I've seen it on Level 2 with every stock I've own in the past and present! Spent hundreds of hours researching just MMs and their corrupt tactics, to learn and understand their game. I've listened to MMs on YT that have confessed and shared their stories publicly how they do it, it's no joke!
They control the market, cause they have LEVEL 3, this system shows them everything... where all Stop Loss Orders are, where all High Sell Orders are set, everything.
The rusty old timer traders don't like to talk about it for some reason, but these are facts.
MMs need to be expose to all traders/investors on their games so they can understand what's really going on behind the screen!
This was the worst MMM I've ever experienced! 80% wasn't warranted from the PR. I expected us to go down after reading that PR Monday night, but not this much. (IMO)
I'm holding, because I believe something positive will come out of $EEENF, and all the hard assets are still intact.
Good Luck to Brother!
Very logical questions PB!
Something to study/contemplate on... that's very strange indeed!
Good catch, PB.
Great find brother!
Awesome article.
Let's go Argus63!
Please forward $EEENF article from the Expert Oil Gurus.
Now, this article was well written, with clarity, and a positive upbeat on $EEENF by some top Oil Experts. Makes so much sense now, very clear to me, and gives me more confidence. (IMO)
Wished DW's Personal Ralations had written it like this.
Going to give it a shot and reach out to the editor (Kay Cashman) of this article, see if I can get any new info from her.
https://www.petroleumnews.com/pdfarch/90654407.pdf#page=1
MMs... let $EEENF GO!
I already did, waiting to see if they have the balls to reply. LOL
Gave DW/BOD a pretty honest shareholder message.
Smilin_B, regarding your post on this issue with MMs bringing SP down. Agree with you on we should be up at least 30%.
After sitting back watching w/o any emotions, and studying what the MMs are doing after three days now.
Their behavior/actions are painting a pattern to me... they are intentionally holding $EEENF down to discourage/break traders will to sell out, and scare them into selling out with the gap downs/shake outs. The MMs want all of our shares for themselves, and their BIG Clients.
I think they know there's oil there, and they are going to run this up when the PR comes out so they can bank again. (IMHO)
MMs are ruthless and want it all for themselves and hedge funds.
GLTU sir
In regards to your post JusDePomme...
I feel you, brother. Agree with your opinion on how DW botched the press release, and MMM tanking SP all the way down to .0110.
(MHO) I believe this was all precisely orchestrated to "Pull the Rug," from under Retail. The company's lenders, hedge funds, and Eric were/are diluting while the SP was rising. The company's European lender rec'd shares at a discount, at .0006/sh back in Feb, that's a fact and there's a PR on it. I believe this lender/lenders were dumping their shares while we were riding up to the .09s.
Why do you think MCAP camping on Level 2... their purpose is to DILUTE and who's shares were they diluting??? Not to hard to piece that puzzle.
I'm watching every day MCAP, INTL, CDEL, and CSTI diluting on Level 2 millions of shares. But MCAP was the worse.
I've done enough research on market makers/dealers, their tricks/tactics, behavior, and psychology. They are sinister and corrupt in this game. They don't give two rats ass about retail! Yes, they are require to make a market for retail. But understand, they also trade for their broker/firm accounts as well. They see and know all the data that's coming in every morning and use it to their advantage. If you guys don't think they do, then you need to do some more research on them!
I also agree with PB, there's got to be a logical reason DW took this approach. The PR was too wishy/washy and vague in some areas.
There was another poster on here which I agreed with... why didn't DW just wait for all lab testing to be completed, gather the info and put out one solid PR. What's another 7-10 days waiting for a major PR with probable good news from the samples. Now, we wait for another PR on the results. Hmmmm???
Just doesn't make any sense... Unless, people understand the "under the table" network system... which involves the company leaks to their own broker, and he leaks to MM's broker firms, and retail gets shafted once again, especially in OTC.
Have you emailed the company yet? I have, waiting for a response.
They need to hear from the shareholders. As shareholders we deserve that and we should demand a clear and honest answer. As director, he suppose to have shareholder's interest at heart, but they never do.
Hope you use your brains and not your emotions in your trading decisions. Be smart and patient, you can overcome this brother!
Wish you the best!
RJ32
Preach it Brother! We all need it!
$EEENF
Nice post Luca4U!
GLTU Sir!
$EEENF
Found what your referring to, very good catch.
Let's hope when this is over, $EEENF will move up even faster and smoother!
$EEENF
So your getting that INFO from the most current and the previous numbers, on those lists, right?
Brother... No Worries here!
That's just trades that were executed during normal market hours today, the broker/MM holding it over till after market close to report them in the book/record/T&S! They have till the end of the day to report it.
Like all the others stated, OTC stocks do not trade Pre or Post Market hours.
Look it up and learn on it.
Good evening DawgTrading!
In regards to your post below... took the time tonight to read/research the references and articles from your post. Honestly, I have to give it to you regarding the ability to scope the documentation and resources. I must say this information was very enlightening, intriguing, and factual. Learned and understand much more than I knew after reading and digging deeper on this topic.
Let's hope $PHIL/Henry has much more Business/Personal Integrity than other OTC companies out there. Hoping he executes all his business strategies and brings value to $PHIL/shareholders.
Thank you for sharing.
Agreed Hercules1
This $$$$$ FLOW is NOT from your IHUB, T, ST, platforms!
Try Wall Street/Firms big whales.
Agreed... I'm betting that certain "connections/networks" has leaked the good news between $EEENF's broker down the chain!
That's what I'm betting on... there's signs from all this BUYING Action that's proving it to me!
Just remember, Human Nature... leaks info out, even leadership/employees, ect...
Let's Go $EEENF
To your post... with all due respect. With Hedge Funds, Institutions, and MMs buying this for their Broker-dealer firms, besides Retail; "IF" there were going to be bad news coming out this w-end... don't you suppose there would already be a huge exit from BIG MONEY?!
Suspect all these powerful firms/dealers all over the glove already know the outcome this wend. They are set, loaded, and waiting for the explosion.
They know what's coming, or they'll would've been out already. (IMHO)
$EEENF
I understand, I can see it on Level 2.
My point is several minutes ago, L2 just froze with no action at all for like 30-60 secs, but orders were filling and going into Times and Sales Book. Then, it's like someone flipped a switch and Level2 activity started again. Very strange!
Just wondering if it happened on anyone's Level 2 platform.