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It's our party and we can "weeeeee" if we want to..."weeeeee" if we want to! You'd "weeeeee" too if you had a million shares or more!
Do you think we are going to get Christmas in January? I do! The chart is starting to look good, even to an amateur like myself. Lots of accumulation from five to six cents. New drilling activity already started in 2008 as planned. Oil still above $90, natural gas a few pennies shy of $8 MMBTU. ALRY had a intraday high of .16 in early April 2007, coincidently oil was selling for less than $55, and gas under $7.00. Look at todays prices and then ALRY share price with anticipated doubling of production. I think once we get a wider audience, the price of ALRY will soar to new heights. Comments please.
Good God! When is this selling at six cents going to stop? On the plus side....there's a big buyer buying with the intention of making a profit.
Yes Indeed, nice to see some price movement and accumulation for a change!
16:00:15 Q 0.058 +0.003 5,000
15:59:29 Q 0.058 +0.003 5,000
15:58:33 Q 0.059 +0.004 3,000
15:53:28 Q 0.06 +0.005 33,000
15:53:12 Q 0.06 +0.005 33,000
15:51:41 Q 0.06 +0.005 8,000
15:51:36 Q 0.06 +0.005 24,310
15:51:33 Q 0.06 +0.005 5,000
15:51:30 Q 0.06 +0.005 10,000
15:51:01 Q 0.06 +0.005 10,000
What do you consider a more normal shareprice IYHO? I think maybe between ten and twelve cents, then if word gets out to the masses, much more.
Recent world events and drawdown in inventories has crude oil rising above $97 a barrel. Any sort of decent production report would have this trading at multiples of these levels.
Thanks for the support. Its going to take alot of buying to get past the sixes again, already 92,000 shares traded and still the ask is six.
"When Larry said phase one is near completion, that means phase two is at hand. Just my gut feeling."
I went through all of this years pr's and found no previous references to phase 1 or 2 of a business plan save the most recent one, so I can only guess as to what phase 2 will be. I hope its a plan to increase shareholder value.
Your suggestions definately have validity.
1.Lower the authorized shares
This has been suggested to management
2.Management stock buyback
Doubt it on this one, extra cash would probably go to paying down debt or acquistions
3.Quarterly financials (even if unaudited)
Excellent idea, this would get the stop sign removed from the trading symbol on Pinksheets.com and bring in more investors.
4.Monthly production numbers
Another good idea
5.Annual shareholder meetings
I have heard that Larry would like to have a shareholder meeting. When things start getting rolling imo, not when the shareprice is where its at.
This board is really dead. An active board is a good thing as long as its not negative. I have found some good oppertunities when looking at the most active board list for ideas. You'll do well with your 51K purchase of ALRY imo. I think its a good bet we'll revisit the 2007 highs quickly once the word gets out.
Nice gain today, look for more next week. I have a gut feeling we will see FDA approval for NtProBNP before the end of the year. I've loaded up big time the last couple weeks from .86 down to .76. Looks like it will pay off.
I think you'll do well. Did you buy any in the fives this week? I picked up 25K at .05 and 25K at .056 yesterday and the day before. Good Luck, I think we've seen the bottom.
I'm watching HMGP, don't have any yet. I'll buy if it hits my target. Both are good companies caught in an overall down cycle.
I've been buying but with a lump in the throat. Got some in the oh fives yesterday. I know this is a good buy, especially at these levels. Heres why I think so.
ALRY has over 150 wells, if each one only produced 1 barrel oil per day that 150X30=4500X$80=$360,000X12=$4.32million in revenues. We know some produce 1, 5, 8, 30 BOE per day. We haven't gotten any production numbers for awhile, couple that with tax loss selling, that is hurting the share price. What some are forgetting, we are also getting revenues from RHWS contract with CEP.
Anyone heard from nuggetman? I'm wondering if he got hired?
Never thought I'd say this...
But darn, seven cents would sure look good....sheeesh!
I talked to the company the other day and was told there is nothing wrong and that they expect approval any day now. He said the delays are with the FDA, staff turnovers etc. Its a done deal imo, just have to wait a little longer. Its better that we trade on the TSX when news hits, it will go much higher.
Fear and Greed, fight or flight, compelling human emotions. Its hard to go against ones natural instincts and buy when the price keeps dropping.
RBM starts trading on Toronto TSX exchange Friday December 21 at open.
Response Biomedical to list on TSX on Dec. 21
2007-12-19 20:32 ET - New Listing
TSX bulletin 2007-1799
An application has been granted for the original listing in the industrial category of 155,067,877 common shares of the company, of which 129,977,631 common shares are issued and outstanding, and 25,090,246 common shares are reserved for issuance.
The common shares of the company will be listed and posted for trading at the open on Friday, Dec. 21, 2007.
The company is subject to the reporting requirements of Section 501 of the Toronto Stock Exchange company manual.
Common share symbol: RBM
Common share Cusip No.: 76123L 10 5
Common share trading currency: Canadian dollars
Designated market-maker: Dundee Securities Corp.
Got me some oh five sixes today. I'm not doing so well trying to pick the bottom, yesterday I got some oh sixes and oh six and a quarters. Now I'll see if the oh fives come my way. I think its tax loss selling plain and simple, if it were anything else the bottom would really drop out. Larry thanked shareholders for their patience, apparently some have none.
This is getting ugly. Didn't think I'd ever see a nickel on ALRY again, but the bid is now at .055, so it can't be close behind. Oil is $90 a barrel and natural gas is over $7, what gives with this stock?
Thanks bigcoin, I didn't know that, I was busy watching my own stocks.
Darned if we didn't close at seven cents again, after a good news report, and with over 700,000 shares traded. This is really getting depressing.
A respected analyst with a following reports on ALRY??? I'd say it would blow the doors off the stock. A run to fifty cents real quick and on to a buck. That would make many poor souls very very sorry they sold. Can you imagine the torment?
Oil-Rich Nations Use More Energy, Cutting Exports
By CLIFFORD KRAUSS
NY TIMES
The economies of many big oil-exporting countries are growing so fast that their need for energy within their borders is crimping how much they can sell abroad, adding new strains to the global oil market.
Experts say the sharp growth, if it continues, means several of the world’s most important suppliers may need to start importing oil within a decade to power all the new cars, houses and businesses they are buying and creating with their oil wealth.
Indonesia has already made this flip. By some projections, the same thing could happen within five years to Mexico, the No. 2 source of foreign oil for the United States, and soon after that to Iran, the world’s fourth-largest exporter. In some cases, the governments of these countries subsidize gasoline heavily for their citizens, selling it for as little as 7 cents a gallon, a practice that industry experts say fosters wasteful habits.
Complete story at
http://www.nytimes.com/2007/12/09/business/worldbusiness/09oil.html?ei=5065&en=9c63e1deedc9a1d4&ex=1197781200&partner=MYWAY&pagewanted=print
From nuggetman's report....
G4-15 Redd Sand zone producing
G4-17 Mulkey zone Producing
G4-18 Redd sand zone drilled and in completion stage
Redd sand zone discovery caused the previous excitement back in September. A known oil producer (adjacent Melander field produced over 100,000 barrels before the gas drive was prematurely lost). Allenergy is taking care not to over produce and is preserving the formations and our investment. I Wonder if they are putting in bigger tanks on the Ball lease to handle more production from the new wells?
Here's a free level 2 site
http://66.201.236.134/export/level2.jsp?symbol=alry
As you see there are 13 market makers on the stock.
Are you talking about the grey sheets, where buys and sells are matched, no bid/ask? ALRY has many market makers. Go to www.pinksheets.com for a quote, presently .066 X .070. Maybe someone can post level two.
Be careful nuggetman, Chicken Little is more than likely pulling your chain.
Could they be "tongue and beak comments"?
It was me! I bagged 25K at .0625., I've had my order in with Scottrade since Monday. I'll buy more of these cheapies if anyone wants to sell. I'm wondering if there isn't some tax selling going on?
I wonder if they'll keep the rig on site and keep drilling? The weather has been exceptional, sunny today with a high of 62. The rest of the week will be in the 50's with no precipitation forcasted. Maybe we'll be fortunate enough to get a field report from nuggetman this evening.
I think you raised some very interesting questions. I would say that it is a positive imo. The company must be on fairly solid finanical ground or the private investors wouldn't have forked over the cash.
I really know little about HMGP, just what I gather from press reports and I-Hub. I haven't seen any of their leases though I am very familiar with the areas of Kansas they operate in. I almost invested in it once, it had gone from 3 cents to 8 cents, and knowing how some pennies are, I thought the run was over, boy was I ever wrong. I stood by in amazement! If you have a large position in ALRY, you might consider going to see for yourself rather than take the word of strangers who may have their own agendas. I wish the best for both companies...ALRY and HMGP. On I-Hub we seem to be joined at the hip, there are several current and former HMGP investors that also have ALRY shares. Good Luck on your investments.
The pipes/tubing are buried below the frost line, which in this area is only 18 inches or so. Another misconception is that somehow flood waters are able to migrate down to the formations and hence needed pumping out. Not true! The main problem encountered during a flood is access.
I cannot respond to your private message duelittle2. I am not looking for a fight! You had your say and I had mine so lets drop it.
It's 59 degrees, but we're getting a steady drizzle and wind gusts to 25 to 35 mph. Next week looks really good for drilling if they get the rig. We've had very little moisture the last half of the year. The ground remains very dry and solid, this little bit of moisture won't affect things, still good for getting out on the leases and doing the drilling and reworking. Hope that helps. Good luck to Larry and OU tonight.
I don't think you should be throwing the Koolaid barbs at people that have visited the company and its properties. Have you gone to any of the Hemi leases? Maybe its you that drink Koolaid?
I was referring to many of your posts on the Hemi board, a little over exuberant one could say. I think you are being somewhat of a hypocrite imo.
You have no problem pumping on the Hemi board!
I've already told a few co-workers that invest in the stock market about ALRY this past summer and fall. They bought some stock but now they are under water. They don't understand why the stock is going down and oil and gas is going up, I don't have an answer. I also told my brother about ALRY, he bought 250,000 shares, he wants to buy more so he says. I've bought over 900,000 myself. I would also like the O/S reduced to 100 million and a solution of some sorts to the TA question. Couple that with good production numbers and earnings, and we'll get a much much higher share price imo. Although the float is about 54 million, I believe it is in strong loyal hands holding for much higher prices.
I'm sure they (ALRY) expected that the great news would have resulted in a higher stock price. They are, I am quite sure, savvy enough to know what it will take to get the stock to a higher level, so I'll leave that up to them. Meanwhile I'll just keep loading the boat under .07 and someday in the not so distant future, they will command a much higher price. I too wish it were "sooner" rather than later, and that this "tiger" will take off.
I bought 25K at .07.
Being sarcastic