Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
At this point, worse is better. I want to see this thing hit the bedrock bottom. I will load up at .0002. Get 'er done!
I agree--it did look painty. At this point I'm actually hoping for the .ooo3's or even the .0002's as my final averaging down point. We all know this thing will go back up. Eventually.
Those picking up shares here are playing it smartly. I am going to be adding more momentarily. I managed to get in just over a cent and then averaged up at .02. I have not and will not sell at these low levels. This is a healthy pullback and buying opportunity for those with strong hands and a little patience (and vision).
I won't add to this woofer until we see the .0002's.
Bid will be .0001 and the ask will be .0002.
That's my prediction. It will happen before the end of the year. I'll be happy if I'm wrong.
Thank God I loaded up on SPRL at just over a cent. It more than balances things out.
Did anyone else besides me snag some of this around .40? The chart said that was close to the bottom. Since I could find no bad news it seemed like a safe bet to buy in. I'm looking for this one to go a lot higher from here. GLTA
shakerzzz was already in and out during the first pop to .03. We don't need his pump and dump crew to come back. We'll do just fine on our own merit. If we close over .03 the chart will look perfectly set for a nice steady run.
Tef--I for one don't blame you at all. (Even though I think FF was joking). You have been more right than wrong about this thing, after all. When it comes to the stock market and to pinks in particular, we all have only ourselves to blame for losses. That said, I too am looking to pick up some here at this low level. After all, we're only a few ticks above oblivion. Oblivion shouldn't happen as long as there are some irons left in the fire. (Even if they are only theoretical).
HOUSTON--(BUSINESS WIRE)--Unicorp, Inc. (OTCBB:UCPI - News) announced today that it has entered into an agreement to participate in the Melville Prospect located in St. Landry's Parish, Louisiana. The Melville Prospect will be drilled to a depth of approximately 8,000 feet to test the Nodosaria oil sand. Total reserves are estimated to be 1,750,000 barrels of oil. The well is scheduled to be drilled in the fourth fiscal quarter of 2006. Unicorp will have a 12.33% working interest and an approximate 10% net revenue interest in the well.
oooooh RAH indeed. Nice to see the bidwhackers gone for a while. December could be our month. Meanwhile, have a happy Thanksgiving IDCN longs!
And let's not forget that it is high quality SWEET gas.
SAN ANTONIO, TEXAS--(CCNMatthews - Nov. 20, 2006) - Titan Oil and Gas, Inc. (TNOG:PK) is pleased to report that the rig at the Bastrop County site has been making excellent progress in preparing the Eberle # 1 well for hydraulic fracturing. Lab test results on gas samples from this well were posted in our previous news release on November 3,2006.
In the hydraulic fracturing process, sand will be forcibly injected into the formation at extremely high pressures, out to a radius which may extend up to 200 feet outward from the well. This process is designed to open up the fractures of the formation more fully for the highest potential volume of gas flow.
As part of this process, a cement bond test has been performed. This measures the adherence of the cement well casing to the formation surrounding it. With the extreme pressures at work in the hydraulic fracturing process, pressure could easily bleed off up and down the outside of the casing if it were not bonded tightly to the formation. It is important to focus the pressure directly on the zone which has tested for gas. In the Eberle # 1 well, this is at appx. 5,000 feet in depth, in what has been determined to be a Taylor Sand Formation.
We are pleased to report that the test verified a solid cement bond, with no need to utilize further specialized cement applications to isolate the target zone. The well is now prepared and ready for hydraulic fracturing, and the equipment has been ordered to the site to complete this process.
Along with our partners in this project, Houston- based Oasis Oil and Gas Corporation and San Antonio based Tejones Operating Corporation, we are eagerly looking forward to the results of this procedure, and will issue an update to our shareholders with news as it is available.
Share Structure:
Authorized: 750 Million
Outstanding: 749,753,651 as of 2005-10-05
Float: Approx. 375 Million
These are my sentiments exactly. I have to admit in the past I was drawn into plunking down money on a few of Shakerzzz's picks. I made and lost money on them. I soon figured out that when you see him typing 'WEEEE!" and his crew shouting and celebrating in all caps and pumping on various boards, then that is probably a sign they are dumping. If you're not a flipper or daytrader and if you cannot get in very fast (which means limited DD) and out just as fast, his picks are usually not tenable. I don't have anything against the flippers, but to me it is pure gambling and not psychologically edifying. Sure, all pinks are risky and I am a gambler, but the real money is made by finding an oversold company with solid prospects. Buy it low if possible and then hold for the really big returns. I've seen it happen many times. I think it can happen here.
So forget the pump and dump artists. I'd rather hold for a slow and steady rise and solid gains.
Thank you, Walker. I think holding long term IS the smart play here--even though I mangled the grammar in my last post (I meant to write ". . . and we ARE holding for bigger and better gains to come . . .")
Here's a link to a good looking chart. Much bigger volume on the up days.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=sprl&sid=0&o_symb=sprl&f...
I agree--a great turnaround week for SPRL. Many who bought at the bottom took their quick profit. Many more are like me and averaged up instead (twice for me at .02) and we will holding for bigger and better gains to come. It looks like the news spigot is back on as well. A good sign.
Yeah, I saw that 10,000 go through a few seconds after the close. The painter dropped his brush. Oh well, that's okay....we're all pretty much painted into a corner here anyway. So I guess we'll just have to sit and be patient and wait for things to dry, ha ha.
Have a good weekend.
Anybody buying more on this end-of-day pullback?
I just did (at .02). I normally don't 'average up' but what the heck. I realize a lot of folks here had to average down way too much!
.027! Wow, am I glad I decided to be patient with this one!
You're right--it may be going up TOO fast, but I'm not complaining!
I'm afraid you may be right. However for today, CLYP is no longer the ax on the ask and that is a good sign. I may take you up on your suggestion of .0002, though.
An example of one of your negative slants:
Crow writes: "I proved that they only get 16.9% "
You inserted the word "ONLY" for purposes of disparaging TNOG when in fact, TNOG did not have to pay for the drilling. You need to drop the 'only' and maybe then people might see that, in fact, this percentage could add up to a lot of money in the future. In other words, please present your DD in a more fair and neutral manner.
BTW, you 'proved' nothing by stating things from the press releases. Perhaps you use the word 'proved' as a device to imply you are a sleuth who busily uncovers hidden info that is, in reality, not hidden.
But, I guess some people just have the compulsive desire to 'control' things. LOL
Have a good day all TNOG longs! With good news, we can and will go a lot higher!
Of course you won't acknowledge that you have owned TNOG shares. Avoid that bugaboo if you must, but we all know that you have been posting slanted, negative DD for a long time and you have been hoping to drive TNOG as low as possible by sheer volume of repetition! By sheer volume of repetition! By sheer volume of repetition! By sheer volume of repetition!
Anyone can wade through your hundreds of posts here--all slanted negative--and you've repeated yourself over and over. Now why are you doing that if you're not making money from your efforts?
Oh--and by the way--your efforts are falling short. TNOG is still in business. Longs are not selling here no matter how many times you insult them by calling them ostriches or stuckholders.
Does your interest include flipping TNOG on its lows? Will you admit to the board that you have done that more than once in the past and, indeed, it may be your motivation now? I have saved the posts where you admit to owning TNOG shares.
I point this out because usually a person does not spend countless hours--and over a year of constantly posting DD slanted toward the negative on all the boards without some sort of monetary gain.
JMHO.
More reruns? Don't you have anything better to do on a Sunday? Take the day off and watch some football--it will do your mental health some good to get away from your agenda.
Bashers love to fixate on rear view mirrors, but they cannot predict or control the future. TNOG can and will go up on good news which could come at any time. I've seen it happen many, many times before. Buy the doom and gloom lows.
'It would make us chuckle despite ourselves?'
Ha ha--well Meddie baby, that line made me laugh despite yourself. No, I will not click on any of your links even though I doubt it contains a virus or spyware. Hey, at least you're attempting to write comedy quips. It's a vast improvement over your habit of writing mini novellas about dragged-out, mind-numbing humdrum.
What's really funny is why you are here. You (supposedly) have no interest or position in TNOG and yet you are all over longs like a bad suit. Very funny indeed!
Medchal, I don't know who put the bee in your bonnet when it comes to my posts, but please stop telling me what to do.
Thank you.
Montanore
Stock Pup--thanks for the laugh. This board could stand some levity.
All the negativity directed toward TNOG by those who claim to have no position seems all too much like a sad waste of energy. Why don't these self-proclaimed experts start their OWN oil and gas company and leave us alone? Oh no--that'd be too hard even though it would give them the complete and absolute control over a company that they crave. No, trying to make something would be too much work. It is far easier for them to go into destructive busybody mode and obsess over flaws and scare people into selling than informing people into buying.
You're right--just a little good news and TNOG will be back to .01+ very quickly.
JMHO
Here's another redux--and it's quite long, but worth re-scanning.
SOME FACTS RELATED TO THE NAKED SHORT SELLING OF U.S MICRO CAP SECURITIES
1 There are currently approximately 8,200 hedge funds managing approximately 1.05 trillion. About half of these fly under the regulatory radar due to some loopholes in the 1940 Investment Company Act.
2 In the post-decimalization era, market maker “Spreads” are now razor thin and many securities scholars contend that ethical market making firms cannot make an honest living in this environment. The downside of that notion is the resultant “Survival of the corruptest” form of natural selection we are now witnessing in regards to the naked short selling pandemic.
3 Unethical market makers will bend or break any rule to attract the business of these hedge funds. They have to in order to survive. The money from primarily unregulated hedge funds drives this entire naked short selling “Industry within an industry”.
4 In-house proprietary trading activity has skyrocketed recently among market making firms.
5 Our OTC markets are trying to “Evolve” and eliminate human intermediaries market makers subject to human greed and in possession of a vastly superior “KAV” factor Knowledge of, Access to and Visibility of the clearing and settlement system run by the DTCC and replace them with unbiased computers ECNs to match up buyers and sellers. The current Wall Street power and influence structure will not allow this evolution to occur.
6 Unethical hedge funds will feed their massive order and commission flow generating abilities to any market making and clearing firm that prove to be the most “Accommodative” to these behemoths and their desires. They expect rules to be bent and broken on their behalf. Access to illegally working out of a MM’s “in-house proprietary account” is especially deserving of certain “Concessions” as we have seen in several recent cases involving certain hedge funds and certain market makers.
7 Hedge fund managers are under a lot of pressure to perform or their wealthy clients will move their money elsewhere. These clients expect their hedge fund managers to seek out “Accommodative” market making and clearing firms even if there is criminal risk incurred by the hedge fund manager.
8 Bona fide market makers are legally allowed to naked short sell securities but only while acting in the capacity of a “Bona fide” market maker.
9 A bona fide market maker is expected to naked short sell nonexistent “shares” at the 5 level when an imbalance of buy orders over sell orders is present at that level and he has no inventory at the time.
10 Should the share price drop to perhaps 4.80 then a bona fide market maker uses the proceeds from the sale of the nonexistent shares he legally naked short sold at 5 to buy back these shares and pocket this 20-cent “Spread”. A bona fide MM is happy making “The spread”.
11 A bona fide market maker injects liquidity by buying shares when sell orders outnumber buy orders with the same zeal that he shows while selling shares when buy orders outnumber sell orders. The problem is that buying shares consumes money while selling shares, even if you don’t own nor intend to ever purchase shares, makes money because of how the DTCC is “Wired”.
12 A bona fide market maker does not direct or restrict share price movement he buffers the intensity of the swings in share price. The two main roles for short selling in general are to inject liquidity and to create “Pricing efficiency”. To create “Pricing efficiency” all negative votes short sales as well as positive votes buy orders need to be tallied as long as the short sales were preceded by a legitimate “borrow” i.e. not a “Borrow” from a “Self-replenishing” source like the DTCC’s “Automated Stock Borrow Program” or “SBP”. Legal short selling is a very good thing that is crucial to the markets. Abusive naked short selling is a form of market manipulation which is a 10b-5 securities fraud usually involving criminal enterprises.
13 A bona fide MM, when faced with a large amount of buy-side activity, will allow the share price to find an equilibrium level above the current price after selling a MODERATE amount of shares at the lower price.
14 A bona fide MM would rather sell nonexistent shares at a higher level than at a lower level UNLESS HIS CURRENT NAKED SHORT POSITION HAS GOTTEN OUT OF HAND TO THE POINT THAT COLLATERALIZING AN ASTRONOMICALLY HIGH NAKED SHORT POSITION AT HIGHER LEVELS MIGHT BE COST PROHIBITIVE. SHOULD THIS SITUATION PRESENT ITSELF THEN FRAUDULENT NAKED SHORT SELLING IS OFTEN SEEN AS THE ONLY ESCAPE ROUTE AND A “BLANKET” OF FRAUDULENT NAKED SHORT SELLING IS OFTEN PROVIDED BY THE TROUBLED MM AND ANY WILLING CO-CONSPIRATORS THAT HE CAN “RECRUIT”.
15 Bona fide market makers don’t get caught in this trap as they are more than willing to increase the price level of their offers if the buy-side pressure remains. This is referred to as “Averaging up”. Not so bona fide market makers don’t have this luxury if they were guilty of greedily selling nonexistent shares in a non-stop fashion just to get their hands on the buyer’s money before a competing MM was able to.
16 The ability TO APPEAR to be legally naked short selling securities while acting in a bona fide market making capacity is something the unethical hedge funds desire very badly but cannot legally attain.
17 There are many unethical market makers that have been so decimated by decimalization that they allow unethical hedge funds space under their “Umbrella of immunity” from borrowing before short selling which is supposed to be only accorded to bona fide MMs acting in a bona fide market making capacity at the time. The rental fees for this “Space” is paid in fees and commissions via order flow.
18 There are very few regulatory policemen monitoring market making activity in regards to whether naked short selling is truly “bona fide” or not.
19 When presented with trading evidence in a court of law, it would be extremely difficult for an unethical MM to claim that he was indeed acting in a bona fide market making capacity while constantly naked short selling into buy orders that dwarfed sell orders as a stock’s share price plummets from 5 to 2-cents. When buy orders overwhelm sell orders for prolonged periods of time share prices go up not down. Naked short selling by theoretically bona fide MMs is only legal when buy orders overwhelm sell orders.
20 The supporting bids of unethical MMs taking part in “Predatory trading strategies” are conspicuously absent as share prices fall despite their having the money from investors buying at higher levels in their coffers. THE SEC, NASD, AND DTCC CAN EASILY DETECT THESE PREDATORY TRADING STRATEGIES BY UNETHICAL MMs WHILE STUDYING TRADING DATA. THE EVIDENCE JUMPS OFF THE PAGE AT YOU.
21 The “Continuous Net Settlement” system CNS in use at the DTCC “Nets out” on a daily basis buy and sell orders which is extremely efficient BUT has a “Masking” effect on delivery failures which is an unwanted side-effect UNLESS YOU WANT TO HIDE THE EXISTENCE OF A PLETHORA OF UNDADDRESSED DELIVERY FAILURES. THEN IT’S JUST WHAT THE DR. ORDERED. DR. LESLIE BONI RECENTLY PUBLISHED AN EXCELLENT RESEARCH PAPER OUTLINING THE “PERVASIVENESS” OF DELIVERY FAILURES RESULTING FROM NOT SO BONA FIDE MARKET MAKING ACTIVITY.
22 At the DTCC, it is extremely easy for fraudsters to illegally sell nonexistent shares and actually get their hands on the proceeds without ever covering. PARDON US IF WE INVESTORS FIND THIS CONCEPT TO BE NOT ONLY HEINOUS BUT UNCONSCIONABLE. All these fraudsters need to do is to collateralize the naked short position in a “Marked to market” manner on a daily basis such that the depressant effect on the share price from yet further naked short selling allows the proceeds from previous naked short sales to fall into the lap of the perpetrators of these frauds. The key is to never stop naked short selling which might have the untoward effect of allowing the share price to increase to find its own unmanipulated equilibrium level. The current clearance and settlement system in use at the DTCC allows naked short positions to be run up so rapidly that if the victimized issuer fails to die on cue then the perpetrators of this fraud cannot only not cover these positions without financial collapse but they can’t even stop the daily onslaught without risking the share price going up. The allure of free investor money is so overwhelming that prudent short selling practices fall by the wayside.
23 For the most part, naked short sellers don’t ever cover they don’t have to. They can always fall back on their ace in the hole as a “Participant” of the DTCC by refusing to execute even buy-ins mandated by the old NASD Rule 11830 as well as the new Reg SHO because of possible market “Disruptions”. The financial critical mass of these hedge funds and co-conspiring Wall Street behemoths will outmuscle even the most formidable preyed upon targets. If they meet resistance then there are available “Internet bashers” to employ and financial “Journalists” for hire to produce “Hatchet jobs” to propagate any negative stories whether of merit or not. First Amendment freedom of speech issues as well as Internet anonymity are utilized to delivery any unfavorable opinions.
24 The key to naked short selling fraudsters is to get these trades involving the sale of nonexistent shares to “Clear” even though “Settlement” Which involves the “delivery” of that which was thought to be being bought i.e. genuine “shares” or “packages of rights” attached to a specific U.S. Corporation may never occur. The “Automated Stock Borrow Program” at the DTCC allows shares held in “Street name” at the DTCC to be borrowed from an anonymous “Lending Pool” of shares. This allows the firm of the buyer of these nonexistent shares to receive delivery of “something” that at least resembles a legitimate share at first glance. The problem is that the buying firm is allowed to immediately place these “Shares or share facsimiles” right back into this same anonymous “Lending pool” of shares AS IF THEY NEVER LEFT IN THE FIRST PLACE. THE BUYING FIRM IS THEN HANDSOMELY REWARDED BY THE DTCC WITH THE CASH EQUIVALENT OF THE SHARES DEPOSITED INTO THE POOL AND CHOSEN TO CLEAR THE NEXT FAILED DELIVERY. THIS WONDERFUL ABILITY TO CONVERT A CLIENT’S PURCHASES OF REAL SHARES OR “PSEUDOSHARES” INTO CASH FOR THE USE OF THE BROKERDEALER PROVIDES PLENTY OF INCENTIVE TO KEEP THE “LENDING POOL” FULL TO CAPACITY. THE SELF-REPLENISHING ASPECT ALSO HELPS KEEP IT FULL TO ADDRESS AS MANY “FAILED DELIVERIES” AS THE SYSTEM WILL GENERATE WHICH IS AN INFINITE AMOUNT IF NO REGULATOR MONITORS FOR THE APPROPRIATENESS OF THE USE OF THE “BONA FIDE” MM EXEMPTION FROM BORROWING BEFORE SHORT SELLING.
25 The “Counterfeit Electronic Book Entries” “CEBEs”-electronic book entries at the DTCC without a certificated share in a DTCC vault to justify its existence that result from the lack of buying-in these failed deliveries then appear on investors’ monthly statements as readily-sellable “Pseudo-shares” despite the fact that there is no paper certificate in a DTCC vault to justify its existence. Keep in mind that the DTCC at all times has full visibility of the number of “CEBEs” as well as genuine shares held in their vaults.
26 The “Supply” variable that interacts with the “Demand” variable to determine share price then becomes the arithmetic sum of all genuine paper-backed electronic book entries at the DTCC plus the number of “Counterfeit Electronic Book Entries”. This greatly enhanced “Supply of readily-sellable shares” then interacts with a greatly diminished “Effective Demand” for shares due to buy orders for shares being effectively neutralized by the sale of nonexistent shares into these buy orders resulting in the typical precipitous drop in the share price of the preyed upon U.S. Corporation. This allows the unknowing investors’ funds to flow into the lap of those that sold nonexistent “Entities” but still refuse to cover.
27 The 2 main repositories for these unaddressed delivery failures are the DTCC “D” sub accounts and the “Non-CNS delivery arrangements” shunted to “Exclearing” hiding places. The “Ex-clearing” hiding places involve DTCC participants “Pairing off” and allegedly informally agreeing to not buy-in each other’s failed deliveries. Bd “A” agrees to not demand delivery of the 5 billion worth of securities owed to it by Bd “B” in exchange for Bd “B” doing likewise with the 5 billion worth of failed deliveries owed to it. The DTCC holds that these are “Contractual” arrangements between its participants and that it has no business in monitoring. Victimized issuers and investors might beg to differ as any “Self-Regulatory Organization” might be expected to do a little “Selfregulating” of the activity of its participants which unfortunately at the DTCC own the DTCC. The DTCC management aggressively regulating the behavior of those that sign their paychecks is a bit of a design flaw creating yet another conflict of interest.
28 Section 17 A of the ’34 Act set up the DTC which later merged with the NSCC to form the DTCC. It mandated “The prompt and accurate clearance AND SETTLEMENT of transactions involving the transference of ownership”. Even in the Reg SHO environment the trades done by naked short selling fraudsters still aren’t “settling”. “Settlement” mandates “Good form delivery” of that which was intended to be purchased by the buyer-a “Package of rights” attached to a specific U.S. corporation domiciled in a specific U.S. state. You cannot have “Good form delivery” if that which is being “Delivered” comes from a self-replenishing “Lending pool” of shares provided by the DTCC’s “Automated Stock Borrow Program” the SBP especially when that which is delivered to the new buyers brokerdealer can immediately be replaced right back into the same “Lending pool” from whence it just came as if it never left at all. In order for a system like this to have one scintilla of integrity, the “Sharespseudo-shares” delivered to the new buyer’s brokerage firm would be sequestered or escrowed off to the side and not allowed to be replaced into the “Lending pool” UNTIL the original loan was repaid.
29 What our current system does is to allow trades to “Clear” at warp speed without legally “Settling”. Dr. Boni’s research clearly showed the “Pervasiveness” and extreme age of the failed deliveries stacking up at the DTCC. This vastly dilutes the “Readily-sellable” share structure of targeted corporations causing their share price to plummet which allows the proceeds from the sale of bogus shares to actually flow into the laps of the fraudsters despite their having absolutely no intent of ever buying or replacing that which they have already sold. Recall that all the fraudsters have to do is to collateralize this ever-diminishing debt on a daily “Market-to-market” basis.
30 If the SEC is sincere about addressing this problem, I would suggest they start with legislation to rescind Section 19 C of the ’34 Act which currently forbids the SEC from altering the rules and regulations of the DTCC. The combined 800-pages of rules and regulations of the DTC and NSCC, in my humble opinion, is the most conflict of interest-ridden set of rules on the planet. The lack of necessity to execute buy-ins mandated by the old NASD Rule 11830 and the new Federally mandated Reg SHO threshold securities buy-ins due to the pretense of avoiding “Market disruptions” is in the opinion of most securities scholars nothing short of criminal as by definition there has to be a “Market disruption” involved when leveling the playing field of a victimized issuer that has lost 99 of its market capitalization due to abusive naked short selling by DTCC participants hiding behind their rulebook that is untouchable by the SEC.
In summary, this NASD Rule 3360 proposed rule change represents a step in the right direction especially if made a part of a more comprehensive plan that addresses the loopholes inadvertently left in Reg SHO. The systemic risk levels currently being incurred by all U.S. citizens due to the greed of abusive DTCC participants and coconspiring hedge funds and naked short selling cartels is intolerable. The inability for Reg SHO to address the preexisting delivery failure problem hints at just how serious and pandemic this problem is. The voluntary “Grandfathering in” of previous acts of securities fraud sets a very scary precedent. As I see it, you at the SEC have run out of comfortable middle ground to occupy in this dilemma. You now see the absolute numbers of delivery failures of a given issuer on a daily basis. You either have to warn prospective buyers, as per the ’33 “Disclosure Act”, of these levels of “Readily sellable share facsimiles” unaddressed delivery failures being held at the DTCC or in “Exclearing arrangements” IN ALL OTC SECURITIES or order their being bought-in.
There is no third choice. These prospective investors need to be warned that they’re buying shares of corporations with astronomic levels of unaddressed delivery failures which have basically pre-ordained their investment to an early death as statistics will readily bear out. The 1933 Securities Act mandates that investors be made aware of all information pertinent to the “Character” of the securities being sold in our markets. In a prospectus you at the SEC appropriately make a new issuer reveal every possible tiny grain of sand of risk to the investing public yet you at the SEC, the NASD, and the DTCC possess information about a gigantic “Boulder of risk” present in investing in especially nonreporting issuers with a plethora of unaddressed delivery failures, yet you keep silent.
Note that the Reg SHO “Threshold lists” don’t even discriminate between a corporation with a 0.6 delivery failure rate from a corporation with a 66 delivery failure rate. There really is no middle ground left on this landscape strewn with corporate carcasses for the SEC to safely stand on any longer. Either tell us about these positions as the amended 3360 would partially address or buy-in the failed deliveries. If mandated buyins result in the weeding out of the most abusive market making and clearing firms then so be it. This might allow our markets to evolve into more efficient computerized markets not subject to human greed and massive conflicts of interest between DTCC participants and the investors they owe a fiduciary duty of care to.
Does your verifiable DD consist of pulling messages at random from the TNOG longs board?
Joani, I agree. The bashers will tell you that bashers and hedge funds do not exist etc etc, but we all know they would not be devoting so much time and energy talking folks out of their shares if they did not have a monetary stake in TNOG's demise. If they didn't hope to make money, this stock would simply be off their radar.
What is that...a whole NICKEL? LOL
BUY DOOM AND GLOOM! Sell irrational exuberance.
Have a good weekend--better times ahead!
I was talking about AMEP as it existed a couple of years back. But thanks for proving my point: Things can change in a hurry!
This is SWEET! ~~~~~ So is the gas. Great news.
Okay, who was the character who gruffed out this yesterday:
"If you thought today was bad, wait till tomorrow. Fridays have always been the worst"
------
When it comes to pink sheets, I've found it's sometimes best to be counter-intuitive. Buy doom and gloom and sell irrational exuberance. Example: I bought AMEP at sub penny prices about two years ago when the bashers were saying 'game over' and 'bankruptcy,' etc etc. Then it ran to 14 cents. I sold it too soon on the way up, but you get the point. TNOG can do the same and has far less debt.
TNOG is not the only oil/gas pink to be hammered down this year. The entire pink energy sector has been suffering. A lot of the charts look the same--dismal. But distress brings opportunity. When oil heads back up toward $100 barrel, these stocks again will pay off big time. Just takes a little patience and stubborness not to get talked out of your shares at the lows. JMHO.
XOM has been mighty good to me. Now it's TNOG's turn.
A good weekend to all patient longs!
Crow: Will this answer your question?
http://ragingbull.lycos.com/mboard/boards.cgi?board=TNOG&read=122707
Wow poop this is like a basher scoulding fellow a basher. LOL... The Yahho longs should have fun with this.
I have stated my position months ago:
By: krosback
25 Feb 2006, 09:03 PM EST
Msg. 119556 of 122706
Jump to msg. #
TNOG LONG share list:
Please add to the list how many shares you own of
TNOG and at what average price:
Krosback.....7,450,300 @ .0047
Glad to see you are agreeing with me--your claims are simply not dependable. LOL
Whatever happened to that guy who was going to visit the Bastrop well? I think his name was Crow. He promised us over and over a photo feast from his Bastrop fly-over and then decided to cancel because he realized the well was legit.
Newbies should not rely on you or anyone else on this board. They should do their OWN DD. TNOG is trading quite low and I'm certain you'll still be here if it goes lower or higher. We longs are not selling and the yahoo longs board members alone hold 70 million shares. Held in iron fists. Selling low is not how you make money.
Again, your ego-strutting does not pertain to TNOG. Let's talk about TNOG, not about you or your brother in law at Marathon or your personal sleeping habits. You say you are not here to change anyone's opinions as if you were a harbinger of neutrality. If you are so neutral, why have you repeatedly bashed the longs? (below is an example)
------
http://www.investorshub.com/boards/read_msg.asp?message_id=11185288
Crowin wrote:
Are you talking about the ostrich board, where the stuck holders meet to feel warm and cozy by pumping just wishful thinking and to ignore fact??
Yes, you people now can now enjoy your privacy without me being able to read and then post verifiable fact to counter your pump of TNOG.
-------
Folks can be longs without being 'pumpers.' Please stop insulting us.
Thank you.
This is pure hearsay. You could make up any story you like about the anonymous land holder. You may not have even met with any landholder. NONE of this is verifiable even though I know you are eager to smear Maupin. Do you have a personal grudge against him?
We longs don't care if you sleep well or not; that is also irrelevant.
If you think the frequency of posts on the Yahoo longs' board is somehow indicative of where TNOG is headed, we must also examine the other side of the coin. The RB board that is commonly known as a bashers' paradise--is a board you once claimed you 'owned.' Many longs got kicked off that board which, IMO, is controlled by hedge funds. It has all but dried up. Does that mean TNOG's price will no longer go down?
The RB TNOG board has turned into a ghost town with only a few messages posted daily. Mostly yours.
Oct. 26, 2005 RB board messages: 171
Oct. 26 2006 RB board messages: 7
----
Moderator, please consider deleting the libelous attack on this company from our resident brayer of negativity. TNOG is not a scam. Sure, it faces hurdles just like any young company. All pink sheet stocks have problems or they wouldn't be on the pinks. But to say it is a scam is a malicious smear.
Thank you.
P.S. The bashers do seem to gain sadistic satisfaction out of honest folks (temporarily) losing money. How sick is that?
OT: SPRL had news today. Glad I ignored the naysaysers and bought some near the bottom last week. Same with TNOG--gotta buy stocks like this at rock bottom prices to make real money.
Isn't ironic how a certain individual here has been posting thousands and thousands of messages on all the boards warning folks about TNOG--and yet he has owned TNOG several times himself! Yes, he said he made good money flipping it. He even referred to himself this way: "I may be a scumbag, but I'm a money-making scumbag!"
Or perhaps he lied about owning TNOG and it was just more smoke screening on his part. Claimed he had 7 million shares to dump. Perhaps to scare off buyers. He likes you to think he is here to warn folks about scams and pump and dumps. He is completely 1,000 percent negative. He likes to say he's here to help, but he never helps people by giving them a good lead to a quality stock. Oh no. He's not here for that. He is here to get you to sell TNOG near the lows and that's all. These bashers were nowhere to be found when TNOG ran up to nearly a nickel. Now they come out of the woodwork to scare folks into coughing up shares at a loss near the bottom. They are mean spirited. They call longs ostriches, stuck-holders or, alternatively, pump and dump artists. They say longs are victims and then turn around and attack them as perpetrators--well, which is it? --Will they ever get their story straight? LOL.
You gotta ask yourself: Why are they spewing so much negative energy aimed at a stock not even worth a half a cent?
The answer: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO INFORM PEOPLE INTO BUYING A STOCK.
These individuals are not here out of kindness. They are here to line THEIR pockets with YOUR money. JMHO!
Why in the world would anyone sell at these low levels? Do the MMS really expect folks to capitulate at .0004? Honestly.