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Why are they trying to shut you up? I dont understand? Jim wont respond to my emails. em
If I had to take a guess, I would say todays trading is a sign as to the kind of news we will get this or next week!! Same old crap.
Supposedly Endevco saved some good numbers to announce tommorrow. I guess we'll see. Some really good numbers can cause the stock price to move higher tomorrow instead of lower.
All eyes on UMNG this week. em
Hopefully the news wont be "umining signs an intent to sign" deal with Guinea!
Good assets produce good things! em
I agree. em
I personally think it is a scam, but I am very interested in seeing how they are going to wiggle out of this!!
You tell me. em
He left this morning to sign the contract. Rumor has, that it will be signed within a week.
Boy, some of you must have really gotten your butt kicked here. My whole point from the beginning has been that this stock hasnt been a "strong buy" (in my opinion) until the aquisitions were complete. I feel that these two acquisitions will allow the margins to greatly improve in upda's favor. They will be able to generate a lot more revenue. I know the books arent good at this moment, if they were the stock wouldnt be trading at less than a penny and a half! I believe the stock is at a turning point which is why i am buying now instead of at .05+ You can call me whatever you want but that is my opinion. If you dont see a turn around, dont invest here.
Lets wait for the numbers. em
D-Day approaching. em
We'll see. Lets see where upda is at, at the end of April.
Upda will be the company benefiting from these aquisitions not cful or htog. Bascially upda is using them for the dirty work. upda will come out squeaky clean and in a better position.
When you make over 600% profit on your investment you would be foolish not to take some profits.
I sold some originally between .10-.13 Common sense to take profits.
I believe we bottomed, & revenue growing rapidly
Ericus, you are right in that Endevco "plans" on drilling their first well in Colombia this year. The one thing I liked is that the land Endevco has an interest in, in Peru, is adjacent to a property with several (all)producing wells.
Weatherman,
ENDE has had an interest down there for several years. Our government was recently offering tax incentives and financial incentives for companies drilling in Colombia. That is why Endevco hired their latest CFO. He has dealt with many of those countries and he knows exactly what to do and who to talk to. Like I said before the Short Junction revenue is opening a lot of doors and making things possible that at one point were not.
I bought a little more today.
I guess the big guy is there now. em
Huge run coming?
They are drilling in Rio Magdalena!!em
bought back at .08 in a.m.
“The revenues in January did not even include any oil sales yet we have posted numbers in Kansas alone that are more than double any previous results. With the new pipelines and connections we are working on and the well improvements that are bringing more production from each well completed, we expect continuing improvement in our numbers."
I agree. em
turn around,
In summary, Mr. Baker expects upda's stock price to start picking up. Speculation, thats all.
I wonder which way we will go today? We might climb a little higher in anticipation of the 109 #'s. Or we can drift off back into the .07's or .08's.
Ericus, no need to reply, whenever I get any info I just like to share it. It should be taken for whatever its worth.
-oilin07
In the months ahead we will either be rich or broke. If what they say is true this stock will be worth dollars!
For those bottom fishers, here is a good one...keep an eye on UPDA. They should be announcing some decent numbers come the end of March. Plus, you guys always know March - May is the time oil/gas reaches its peak.
Are we seeing straight out dillution, or are we seeing the beginning of a short squeeze?
Howard, you left right before things got real ugly here. How come?
Is the story about the disgruntled former employee who sold all of his shares true? Was it in HTOG and CFUL or just one of those companies?
thanks
oilin07
This guy I know who always talks to equititrend. em
Thanks,
I like your quote...
"Be strong in The Lord, and in His mighty power."
- Ephesians 6:10
How long have some of you been invested here? I would like to know what is making you guys buy this instead of upda?
There is definitely going to be a reverse split. The big question is when. If it wasnt for the preferred shares, this stock would be over a buck. The company said they are going to take great care with the r/s, but exactly when and how is anybodys guess. There is more good going for this company than bad, and I dont see the preferred shareholders all wanting to convert. Especially if they believe in future growth of the company. A rumor on the ragingbull.com message board said there will be an 1 for 80 reverse when the closing price averages .10 for 10 consecutive days. That will give us an $8.00 share price after the split. Supposedly management is saving some very good news for after the split to help keep the price up there and attract more buyers. We'll have to see.