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I'd be very surprised if they spike it down to .0002. If it becomes possible to buy it there, I'd definitely average down. Every dog has its day and this bowser has been asleep on the porch for way too long.
OT: Check out METP. Could be the next USSE. Ya never know. Let's face it--most of these pinkies are nothing but lotto tickets with far better odds. That's what makes 'em fun to play.
Everyone should let their investing friends know about METP. It's looking that good. (I'm not recommending that anyone spam the boards, however).
Looking forward to an exciting week!
--M
Yeah, I hope he's polishing up some of those WWII silver nickels. Now THOSE are worth something and they're very pretty to look at. Unlike this stock, ha ha. Well, it's our right to vent since both of us have held this POS since the end of last summer. Luckily for me, I'm into METP which looked mighty good today. If that flies next week it will help offset the constant disappointment with this one. I was fooled by the consistently blipping chart here regardless of the dodgy news (nearly all pinks are dodgy), but after I bought in they've apparently shorted and diluted it so much that the heartbeat is gone. Bring on the deFIBulater! (misspelling intentional).
--M
Anyone think we'll see the .0003's again next week?
I see nobody even bothered to paint the close. What would be the point?
Same here. My geiger counter is saying: Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-Z-etc
Did somebody say .05? Here we are! Voila!
Holy smoke, look at that volume! I hope nobody got the shakes earlier this week. This could be the beginning of something great!
Yeah, I've noticed some volume moving in today. Maybe we'll get some news before the end of the month.
Nice to see some good news today--especially about the uranium which has been and will be a very hot sector. A lot hotter than diamonds. Too bad CLYP and crew won't let it run today, but IDCN is becoming a very tightly coiled spring. Also, Tefman comes out the clear winner in the 'weo' debate that occurred a few days back. (as regards to StockCharter).
Hey Tef--I've gotten some good chuckles out of your retorts. You handled the weo thing quite well--and you were also very careful, lol.
Let's hope we see a CLYP-less ask on Monday.
BZTG has doubled today on pretty big volume--because of their good news. It would be nice if some of that money went into IDCN, but as long as CLYP is taking up residence at the ask, we'll go nowhere. Earlier this week I predicted a close of .0006 for IDCN for today. I was hoping I'd be wrong and we'd be much higher. Oh well, maybe next week.
Have a good weekend.
You're right--I see CLYP swooped down and turned the spigot off.
Some volume moving in? I blinked and now it says 50 million. Well if a dodgy outfit like OMOG can double in one day, just think what IDCN could do...
Yeah, almost 13 million in volume poured in as soon as I posted my jest, er message.
Frankie, this is just the calm before the...well, some more calm. Followed by a little dormancy. After that we can expect a nice long hibernation until spring. But after that--narcolepsy takes over!
Tefman--good for you and glad to hear it. Buying silver is a smart move and not just because folks like Ted Butler say it is. I like to gamble with pink sheet stocks, but I don't consider silver a gamble. The dollar has nowhere to go but down and there is a silver shortage. The U.S. mint has run out and must purchase it on the open market. Silver has far more industrial uses than gold. All it takes is a few more people waking up as well as silver-using industries to realize it's wise to 'stock up' now--it could cause a massive short squeeze. Plus the traditional silver-to-gold ratio is way out of whack. Silver should be around $40 an ounce right now. I tell all my friends and relatives that they should own some real money--silver and gold. Of course, sometimes I get treated like a crackpot, but that's okay. I own several silver stocks including SLW, MGN and SRLM as well as others. My favorite gold stock is AUY.
I think IDCN should get into the silver mining business! ha ha
Hey, it works.
Any predictions for this week? I'll go out on a limb and say we close at .0006 on Friday.
570,000 @ .0079 after the close.
Sideways trading with another painted close. As predictable as the sun rising in the east! It will be interesting to see how long this goes on. What a game.
----
UPDATE: I see a late-in-the-day bidwhacker dumped another million shares at .0005. We need some fresh paint again!
I didn't see the usual EOD after hours dump that I've seen for the past two weeks. That has to be a good sign. Maybe the suspected dilution is over!
DOH!!!! Never mind. At least SPRL is consistent, lol.
I for one wanted to accumulate a bit more, but I didn't want to chase it yesterday. So I waited and got more at .03 today. I have no idea why someone bought at a nickel, but if this thing pops, even that will look cheap. JMHO.
If we don't start going up by tomorrow, we will resume the sideways trading pattern, just as i thought. The one-day volume wonder will be just that. I don't like it, but one has to acknowledge reality. Back to Rip van Winkle mode! zzzzz
Tef, I fervently hope you're right. But I wouldn't be the least bit surprised if we resumed sideways trading for another month or two. I've seen huge volume spikes on pink sheets out of the blue before and sometimes they're just a short-covering anomaly. A spike occurs and it's re-shorted or re-diluted or otheriwise re-sold down to former levels if not lower. The spike looks good, but a lot of longs use it to get out. And while such a spike may lure in a few newbies, they also add to the selling out of frustration and lack of patience once its obvious the spike has no legs due to lack of follow up good news.
I hope I'm wrong since I'm saddled with a lot of shares here. I did buy into a similar volume spike on EDEX at a penny. It also did not go up much to the consternation of long-time holders. But a week or so later it went to 10 cents. I hope that can happen here. I did not sell on the spike since I hope for a heck of lot more than a mere .0007.
From .0008 to .0004 in the same day. Go figure. All I can say is WTF?
We all know volume precedes price. Well, we got the volume. I will wait for the price.
Frankie--these are wise words. Nobody should EVER bet the ranch on any stock--let alone pink sheet stocks. That said, sometimes it is best to hold tight with these things and boy, have we been patient. For those who think we should sell because news may not come out for another 2 or 3 weeks....well, that's quite a laugh! For those of us who have been waiting since the end of last summer, waiting another month is easy time. In fact, I'm fascinated by this tabletop sideways trading and I'd like to see how much longer it can keep going. In my opinion, all the bored, impatient money has long since departed IDCN. The tide as at its low point and has been there for quite some time. The tide is ready to come back in. I really doubt it will go much lower than this, but if it does, que sera sera.
You have repeatedly asked if they've found oil and gas. I said yes. If you're asking if they're XOM, then of course the answer is no.
I mean...come on. If they had commercially viable wells producing right now we'd be at .025 or .25 or 2.50 and not .0025. Will they be commerically producing in the future? Who the heck knows. The Bastrop gas well sounds like it can be a producer. I hope they do produce a lot of oil and gas down the road, but this is pink sheet land. So rather than asking the same rhetorical question over and over and kicking a dead horse, simply look at the share price and there's your answer, lol.
You're persistent and you'll no doubt ask the same question again regardless of any answer. I suggest you insert 'commerically viable' wells into your future posts. Of course, that may not have the same tone you're looking for.
They've found sweet natural gas in their Bastrop well. Do your DD. Look at the pictures.
They have found oil from several wells in the past. One ran out oil and turned into a dry hole. Can they find oil again? Sure.
You keep asking this question and so you are getting an answer:
YES, THEY FOUND OIL. YES, THEY FOUND GAS.
No need for you to keep asking.
Thanks.
I saw that too--similar trades have occurred after hours every day this week.
That is impressive--and it is worth paying attention to it--thanks!
You may have bought at this level before, but I don't see how. We are at the 52 week low. The 1 cent support has been solidly pierced. I for one refuse to buy more unless I see another .0 added. The chart looks like Medusa and it is telling me this thing is going lower still. I hope I'm wrong. Sure, it seems like a good buy, but I'm going to wait and see this time. This is from someone who liked what I saw so much that I added at .02. DOH!
This may be interpreted as pointless whining, but who cares--eveyone is now losing here and I think it's fine to vent.
JMHO.
More dilution as they released the news? If this can't hold a single solitary cent, look out.
ZZZZzzzZZZZZZZZzzzzzZZZZZZzzzZzzZZZZZZZZZZZZZZZ
IDCN: The Rip van Winkle of pink sheet stocks. (Rip van Pinkle?)
Thanks for that link--it's nice to see real, tangible proof of what could turn out to be a very productive well. TNOG still has a viable business plan and so far there's no dilution or toxic finanacing on the horizon. Let's hope our patience pays off. Oil and gas prices will go back up and so will TNOG with any news of more JVs and/or leases. The new management needs to get on the case and get busy.
Contrary to what the bashers may say, it is not morally wrong to be a long. If you think it's unethical to sell to someone who may or may not take a loss on it in the future, you should not be investing in stocks. Still, it is impossible to completely avoid risk. Even putting your money in a coffee can and burying it in the backyard is bad because the Fed is printing money like mad and that cash would soon lose a lot of its buying power.
It's downright silly to browbeat people who are here trying to make money. I've never seen a lot of pumping on this board, but I have seen persistent distortion, bashing and screaming haters (one ended up in jail) who will have us believe that TNOG longs don't exist--only pumpers who are waiting to dump on 'naive newbies,' --as if they really care about such anonymous people even if they did exist. It has been proven that our #1 basher has flipped and dumped on his precious newbies more than once--and he probably did it again on the last spike. Notice how he disappeared that day. As I pointed out the day before the spike, he may have prevented folks from buying and cashing in on an easy double. Now they are going to try to talk it down again for their next flipping point. JMHO.
How many newbies did you flip shares to? WHY won't you come clean about your past?
I am long by choice. I'm telling you the truth. And no, I am not blaming you--I'm only pointing out to the people reading the board that your motives are suspect and to beware of you because of your disingenuousness.
Perhaps newbies are missing a good buying opportunity because of you, lmao!
Ya never know, do ya?
Okay, I will not talk about you for the rest of the week. And that's a promise to everyone here. Someone else will have to feed the crows.
I think Crow is here to accumulate shares that he'll later flip onto newbies--the same newbies he claims he's protecting. He claims he has saved thousands of them (what a guy!)--but of course he can't or won't produce any proof. He also won't come clean and admit he's been a TNOG flipper in the past. He's already admitted to it twice before, but clams up about it now. People may gain more respect for him if he'll just come out and admit it if he's doing it again. It's okay to be a flipper, just come clean.
Maybe he really does think he's here to tell the truth...but why does he heavily mix it with half truths and negatively-spun commentary on events? Perhaps he does that merely to pick up TNOG shares cheap so he can flip them to newbies. Or maybe he's attempting to drive the price as low as possible so his masters can cover. Perhaps he works for an MM. Who knows, maybe he even works for Novak. Maybe it's a personal grudge. Whatever it is, nobody spends the amount of time he's put in without monetary or pshychological recompense. He won't tell us and nobody can know for sure in the drama-laden realm of risky pink sheet stocks and nobody can really know who's really whom in the world of pink sheet message boards. (Okay, Kro--you can sic Medchal on me now).
I am here because I'm long. That's the honest truth. Simple as that. Yes, I'm losing money like all the other longs here, but it's money I can afford to lose and it goes with the pink-sheet territory. Crow likes to insinuate that longs are somehow immoral for not selling! And before anyone asks--yes, I take full responsibity for my investments and blame no one when they don't go as planned. Crow wants us to bawl and pull hair about it. He won't get that from me.
GO TNOG! Get 'er done.
The post that was deleted had nothing to do with TNOG. It had to do with your ego. Please stay on topic or your posts will be deleted.
I am a long on TNOG and I'm here to read valid DD--not to see you run your prefabricated script to get everyone to sell.
What would really suck is if the dilution continues and we break the triple bottom here. Patience is one thing, taking advantage of patient longs is another. I believed in the SPRL story and averaged up at .02. I'll be patient as long as .01 holds. We all know how in penny pink land how they can keep selling it off down to the .OOO's without news or apologies to the longs.
I want to see this company succeed, but not at the cost of seeing the stock driven to near-worthlessness first.
Sorry, just venting.
Maybe it's just me, but it strikes me as a very bad sign, not to mention bad taste, when they slap up
"If you don't own FAB.V yet, it's OK, as long as you own IDCN ! ! ! "
on their website. With three exclamation points, no less. On the other hand, there seems to be little downside here--just 3 more .0001's, ha ha. (gallows humor).
We all know (or should know) that the vast majority of pink sheet stocks are dodgy if not outright scams. It's a world rife with pumpers, dumpers, flippers and scalpers, bashers, liars, cheats, subterfuge, cooked books, exaggerated PRs, boiler rooms, manipulating MMS, naked shorters, musical-chair management, collusion, dilution, reverse splits and unverifiable data or constantly-changing data. Are there truth tellers out there too? Sure, but they often get drowned out by an avalanche of obfuscation. Chart experts are notoriously wrong about pink sheet stocks too. They're just too unpredictable. That said, the chart on IDCN shows there is a regular heartbeat despite our current long stretch of sideways dead-lining. It's time to resuscitate this patient with a PR. Break out the fibrillators!
My point is almost all pink sheet stocks reek with one problem or another. That's why they are on the pinks. I HAVE seen some graduate to the OTC and then onto the AMEX, etc., but most will stay pink--and I suspect some want to stay that way. This does not mean plenty of money can't be made. The pink sheet world is closer to being a pure casino. The odds are still stacked against the retail investor, but the excitement keeps 'em playing. I've done DD on some of the worst stocks (pinks) I've ever seen and wouldn't touch 'em with a ten-foot pole. Then I've seen the same stocks go to the moon. IDCN can do the same.