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insideinfo80 Good stuff Thanks for sharing Wind Power the way of the future Im looking to possibly add here.
Nice news this morning Key here imo is a break of .001 on the bid side glta.
Black Dragon Resource Companies Inc. Reviews Options to Maximize Shareholder Value
http://finance.yahoo.com/news/Black-Dragon-Resource-pz-3053215945.html?x=0&.v=1
Thanks all got this lotto play on radar after todays after the bell news. GLTA
http://www.profitspi.com/stock-chart.aspx?id=NSPT&ca=1148737643
TCHH on radar for next week should volume come back into play after Fridays after the bell news resistance ahead is .0004 and .0005
http://finance.yahoo.com/news/TrustCash-Comments-on-iw-525134111.html?x=0&.v=1" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/TrustCash-Comments-on-iw-525134111.html?x=0&.v=1
Still occasionaly piccking up a few .0001's here and there and selling at .0002 Order in at .0001 after tonights news after the bell. Good luck to all!!!!
http://finance.yahoo.com/news/GT-Legend-Automotive-Holdings-pz-696295734.html?x=0&.v=1
FULLERTON, Calif., April 29, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, reported today that the medical marijuana market is booming. According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: http://classic.cnbc.com/id/36331495).
Medical marijuana is legal in 14 states: Colorado, California, Vermont, Washington, Alaska, Montana, Nevada, New Jersey, New Mexico, Oregon, Hawaii, Maine, Michigan and Rhode Island. Ballot measures or legislation allowing medical marijuana are pending in 14 additional states including Alabama, Delaware, Illinois, Iowa, Kansas, North Carolina, Pennsylvania, South Dakota, New York, Missouri, Maryland, Massachusetts, Tennessee and Wisconsin (Source: www.usatoday.com/money/industries/health/2010-04-20-medical-marijuana_N.htm).
An article by Rob Reuteman entitled, "Medical Marijuana Business is on Fire," appeared in USA Today and outlined the industry's recent rise. The article states that in the past six months, the number of patients and dispensaries has skyrocketed; it's estimated that more than 100,000 Colorado residents can legally purchase marijuana for medical use (Source: http://www.usatoday.com/).
The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).
Eugene Espinosa, President of GTLA, commented, "There are approximately 400 wellness centers in Denver, Colorado alone. Each center services between 500 and 1500 patients. Medical marijuana sells for $420.00 per ounce, and the average patient's purchase is 2 oz. of product per month. Therefore, a 1500-patient center will generate monthly revenues of $1,260,000 in product sales alone."
About GT Legend Automotive Holdings Inc.: GT Legend Automotive Holdings, Inc. is a Nevada research and development corporation. GTLA has acquired Compassionate Therapeutic Solutions.
About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
Contact:
GT Legend Automotive HoldingsInvestor Relations Department303-526-9315
Yup but we managed to get through it Trick is keeping it there Congrats to all who profited Im looking to possibly re-enter on a dip.
.0001 x .0002 8x9
BDGR News from earlier.
Black Dragon Resource Companies, Inc. Updates Shareholders on Humble Project
.Companies:Black Dragon Resource Companies, Inc..Press Release Source: Black Dragon Resource Companies, Inc. On Tuesday April 13, 2010, 6:30 am EDT
OIL CITY, La., April 13, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc.'s ("the Company", "Dragon") (Pink Sheets:BDGR - News) Chairman and CEO, Mr. Scott D. Smith, announces today that after a positive inspection of the Humble lease, BDGR is pleased that two of the four wells are currently producing oil into the permanent tankage, and that all connection work for all four of the wells have been completed. The steam injection unit is being custom fabricated and should be ready for installation within the next 30 to 60 days. Initial flow rates have not yet been determined, but will be released in the very near future. The other two not yet producing wells have oil in the casing, however sand issues down hole need to be addressed. Mr. Smith stated, "That possibly the installation of a "Mono Pump" with a variable speed motor may easily solve these issues and that getting these issues addressed quickly and efficiently is a large priority." A Mono Pump also alleviates the need for a pump jack and can, in most cases, move more fluid than traditional pump jack setups. Additionally, we expect to report our PV-10 valuation to shareholders shortly. The PV-10 is a reserve study that evaluates oil and gas reserves left in place on leases and places a dollar value on those reserves. We intend to have the Humble project included in this study so its asset value can be maximized.
BDGR News from earlier.
Black Dragon Resource Companies, Inc. Updates Shareholders on Humble Project
.Companies:Black Dragon Resource Companies, Inc..Press Release Source: Black Dragon Resource Companies, Inc. On Tuesday April 13, 2010, 6:30 am EDT
OIL CITY, La., April 13, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc.'s ("the Company", "Dragon") (Pink Sheets:BDGR - News) Chairman and CEO, Mr. Scott D. Smith, announces today that after a positive inspection of the Humble lease, BDGR is pleased that two of the four wells are currently producing oil into the permanent tankage, and that all connection work for all four of the wells have been completed. The steam injection unit is being custom fabricated and should be ready for installation within the next 30 to 60 days. Initial flow rates have not yet been determined, but will be released in the very near future. The other two not yet producing wells have oil in the casing, however sand issues down hole need to be addressed. Mr. Smith stated, "That possibly the installation of a "Mono Pump" with a variable speed motor may easily solve these issues and that getting these issues addressed quickly and efficiently is a large priority." A Mono Pump also alleviates the need for a pump jack and can, in most cases, move more fluid than traditional pump jack setups. Additionally, we expect to report our PV-10 valuation to shareholders shortly. The PV-10 is a reserve study that evaluates oil and gas reserves left in place on leases and places a dollar value on those reserves. We intend to have the Humble project included in this study so its asset value can be maximized.
Thanks drinks i am looking foward to the PV-10 valuation talked about in todays news.
News is good imo Lets head this TCHH train North from here a break of .0004 on the bid iskey here imo.
http://finance.yahoo.com/news/TrustCash-Achieves-Compliance-iw-1607872578.html?x=0&.v=1
Watch this one for a possible break of .0004 Very nice news after the bell on friday.
http://finance.yahoo.com/news/TrustCash-Commences-Plans-to-iw-1692403881.html?x=0&.v=1
http://shortsqueeze.com/?symbol=abk
AMBAC Financial Group Inc. $ 0.64
ABK 0.03
Short Interest (Shares Short) 54,472,400
Days To Cover (Short Interest Ratio) 5.9
Short Percent of Float 19.06 %
Short Interest - Prior 55,659,700
Short % Increase / Decrease -2.13 %
Short Squeeze Rankingâ„¢ -32
% From 52-Wk High ($ 2.09 ) -225.55 %
% From 52-Wk Low ($ 0.52 ) 19.78 %
% From 200-Day MA ($ 0.92 ) -43.30 %
% From 50-Day MA ($ 0.69 ) -7.48 %
Price % Change (52-Week) -28.30 %
Shares Float 285,808,831
Total Shares Outstanding 287,589,393
% Owned by Insiders 0.60 %
% Owned by Institutions 46.30 %
Market Cap. $ 184,488,596
Trading Volume - Today 16,485,633
Trading Volume - Average 9,264,500
Trading Volume - Today vs. Average 177.94 %
Earnings Per Share -10.67
PE Ratio
Record Date 2010-MarB
Sector Financial
Industry Surety & Title Insurance
Exchange NY
http://shortsqueeze.com/?symbol=abk
AMBAC Financial Group Inc. $ 0.64
ABK 0.03
Short Interest (Shares Short) 54,472,400
Days To Cover (Short Interest Ratio) 5.9
Short Percent of Float 19.06 %
Short Interest - Prior 55,659,700
Short % Increase / Decrease -2.13 %
Short Squeeze Rankingâ„¢ -32
% From 52-Wk High ($ 2.09 ) -225.55 %
% From 52-Wk Low ($ 0.52 ) 19.78 %
% From 200-Day MA ($ 0.92 ) -43.30 %
% From 50-Day MA ($ 0.69 ) -7.48 %
Price % Change (52-Week) -28.30 %
Shares Float 285,808,831
Total Shares Outstanding 287,589,393
% Owned by Insiders 0.60 %
% Owned by Institutions 46.30 %
Market Cap. $ 184,488,596
Trading Volume - Today 16,485,633
Trading Volume - Average 9,264,500
Trading Volume - Today vs. Average 177.94 %
Earnings Per Share -10.67
PE Ratio
Record Date 2010-MarB
Sector Financial
Industry Surety & Title Insurance
Exchange NY
half a barrel a day sounds very low imo where do you get these numbers from?
Hey thats all part of the buisness bottom line is a huge increase in oil production 300% to 1000% according to this mornings news with increased profits comes increased expenses all part of making money I doubt they would do it if i costs more then it yields. JMO of course. Im might also add that alot of wells today are piped in to the salt water disposal which is very cost effective because this eliminates the need to pay a salt water truck to pump the tanks and is all automated. Not sure how this particular field is setup.
Black Dragon Resource Companies, Inc. Announces New Technology to Increase Oil Production
.Companies:Black Dragon Resource Companies, Inc..Press Release Source: Black Dragon Resource Companies, Inc. On Thursday April 8, 2010, 6:00 am EDT
OIL CITY, La., April 8, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc.'s ("the Company", "Dragon") (Pink Sheets:BDGR - News) Chairman and CEO, Mr. Scott D. Smith, announced today that Dragon has designated a well to test a new experimental patented technology that allows for directional drilling in shallow depths, mainly focusing on the Annona Chalk Formation. Black Dragon Resource Companies, Inc. has an inventory of 600 wells of this type in its portfolio of assets. A traditional chalk well is perforated with a shot that is the diameter of a .22 caliber bullet, with penetration of only 6-8 inches into the formation itself, once it pierces the casing, cement, and finally reaching the formation. This patented technology allows for cost effective horizontal drilling at shallow depths maximizing exposure to the targeted formation. The tool is able to drill 31 feet out in any direction, at any angle, boring a 2-7/8ths inch hole. According to Mr. Smith, Chairman and CEO, "This technology has the potential to increase chalk oil production by 300% to 1000% thereby increasing revenues substantially."
Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.
It looks to me as the MACD and The MACD histrogram both took a turn in the upwards direction. I say play the play play the day Hey this thing has given some nice opportunity for profits the past few days, What more could you want? Congrats to all who have profited and GL!!!!
Congrats to all who got in on our ELRA alert This seems to move on air with a high of .27 and backed off to support of .20 Many of our SPO members got in this one early this morning and were able to take some nice profits and get back in between .17 and .20 Im looking for this one to test upper resistance levels again tomorrow.