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.
North Korea places new advanced long range missle on launch pad, and sends an order to double the ammunition to all troops on the West Coast. This uncertainty will keep oil prices high.
Buy Confirmed...
For those of you who watch americanbulls.com
http://www.americanbulls.com/StockPage.asp?CompanyTicker=MMTE&MarketTicker=OTC&TYP=S
I agree, I think its coming.
The calm before the storm?
I agree. There isnt a better time for a press release regarding change of operator, new drilling plans, or production update etc.
Hopefully management knows what their doing ;)
Any predictions for the likely upcoming run?
Your exactly right
I think he just wanted to take the pressure off of him. After talking to him earlier in the year he was getting hammered with investor phone calls. He's still part of the show, just now he doesnt have to answer to any investors.
These types of stocks can become very viscous. In other words when these types of stocks get some attention it doesnt take much to get them moving. It is obvious that something is brewing in the press room, and that is just what we need to kick off some nice price movement. With more than one press release in the works we can no doubt see this stock price move towards half a penny. The attention of buyers is here, it will now come down to the press releases themselves, and how high this stock goes will depend on the quality of the press. Should get very very fun pretty soon.
I think news will send us back over .001 no problem.
Thanks for the update guys. em
It seems mm's are keeping it up. I think a bigger jump in price is coming.
I predict an up day today!
I wonder what happened to the eight wells in Pawnee County in which we own interests. I know the interests are small, but we havent heard any numbers for awhile now.
Oil might hit $60.00 again today. em
Good morning all, it will be interesting to see what happens today...news or no news.
Its not dillution. This stock is still trading higher since all this buying started. It sounds like some got the word early that something positive is going to happen and get announced.
how many shares outstanding?
Some big buys went through again. em
I think one is coming. em
Someone dumped 20 mil shares at the gate.
Quiet start.
How much higher do you think bldv will move?
I believe your right!
I just added you blue
I'm confident we can see a run to around .003 to .004 if Overcash announces a new operator and drilling plans. I think the recent volume serves as a good indicator as to whats to come. Pull back was on relatively low volume with a lot of buys still going through. Looking very good. I wouldnt call this a "pump and dump" yet either as we havent recieved any "pump".
Maybe a time to pick a few up if you didnt when the stock was at .0002?
Something is definitely going on here. That volume was massive for MMTE, and mostly buying. Less than a year ago Joe said:
"Mammoth Energy Group Inc., Winston-Salem, N.C. (Pink Sheets: MMTE) reports it is finalizing its oil and gas drilling program for Rogers County, Oklahoma. The company has 1,400 acres in the area with plans to drill up to three wells.
"This area of operation is very hot for oil and energy companies," says company chief executive Joe Overcash. "This will give Mammoth a chance to get a piece of the action in this area."
Maybe this time we'll get it right!!
Cabroncita, Yes, I hope Mick is alright. I heard about the tragic accident his son was in. I havent heard from him in awhile.
My friend who talked to Joe said that they will be putting out a press release in regards to a new operator and new drilling plans. He didnt say when though. Hopefully this is what is needed to revitalize this company. Joe did say that he believes we should be trading closer to half a penny right now.
Yes Mammoth does still hold the leases. em
Good news must be on the horizon because a lot of nice size buys are going through.
...maybe they will be drilling those wells again this time with their new operator??
blue_chips, Those permits expired in Dec. 08.
Back to .0005!
News might be coming out about the resolved case against the previous operator and maybe even some drilling news.
looks like were heading back up! em
bid .0002 ask .0003 might be moving higher. em
If Overcash can get the rig moving this stock price will move right with it. The possibility is definitely there for a run over .002 again.