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With the elections in 2016 its taking the wind out of the sails of the pot industries. ERBB machines are too complicated.
It looks like this puppy is going to drop lower. I am ready!!
The All-In-One Guru Screener can be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying from “$500,000+” and Duration to "July 2015."
According to the above filters, the following are the recent buys from company insiders over the past week:
On July 23, Jerry Drew, CEO of Double Crown Resources Inc. (DDCC), bought 1,100,000 shares of DDCC at the price of $0.02 with a total cost of $22,000. Since that buy, the price of the stock didn’t face any change.
The company has an institutional ownership of 1% and an insider ownership of 13%.
The CEO said this of his buy: “With all of the progress and developments of Double Crown Resources to date, including the commencement of our first revenue generating projects this year, I consider DDCC stock to be very undervalued and attractive. In accordance with SEC regulations, the company has made the appropriate Form 4 filing for my recent purchases and will also make additional filings as periodically required. The very high expectations, global market potential and long-term goals we have for Double Crown, combined with the achievements the company has made in 2015 especially, should give strong confidence to all of our investors. My decision to add to my personal stock holdings at this time was based not only on anticipation of significant investment appreciation but also to help tangibly illustrate the bright future we see for this company and our strong commitment to all DDCC shareholders."
News from the Permian Basin and West Texas:
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Rig count in Permian Basin increases for fourth straight week
The oil and gas drilling rig count for the Permian Basin increased for the fourth consecutive week as of July 24, according to Houston-based oilfield services firm Baker Hughes, Inc. And the Texas count increased for the third time in the last four weeks. In the Permian Basin, BHI reported 245 working rigs – up three from 242 the previous week, but down 310 from 555 of the previous year. In Texas, BHI reported 374 working rigs – up eight from 366 the previous week, but down 512 from 886 the previous year. In the U.S., there were 876 working rigs – up 19 from 857 the previous week, but down 1,007 from 1,883 the previous year. According to the BHI report, 42.7 percent of rigs in the U.S. are in Texas (47.1 percent at this time last year), and 65.5 percent of the rigs in Texas are in the Permian Basin (62.6 percent last year).
The other top states are Oklahoma at 107 (up from 105 last week, down from 204 last year), Louisiana at 76 (up from 69 last week, down from 119 last year), North Dakota at 69 (up from 68 last week, down from 178 last year) and New Mexico at 51 (up from 50 last week, down from 94 last year).
The other top basins are Eagle Ford at 100 (up from 98 last week, down from 211 last year), Williston at 70 (up from 69 last week, down from 184 last year) and Marcellus at 59 (unchanged from last week, down from 78 last year).
I have now dump all of my pot stocks and I cant see me coming back any time soon. With the elections next year things will not get any better and I would vote for Trump long before I would vote for rand paul.
I have seen 4 RS and 3 of them I owned the stock. The 3 that I owned were a big loss for me and I had to cut my loses and move on.
Next year when we elect a GOP president he will nominate a new attorney general. A new GOP president will be opposed to pot. He will put up many road blocks and ERBB and others will be sunk in red tape.
With the CEO of DDCC buying 1.1mil shares should disperse any fears of a R/S split.
The world always has it backwards. One has to have a belief system that believes first and then you will see. That's why I like the Bible. DOUBLE CROWN WILL GO ABOVE AND BEYOUND WHAT I CAN ASK OR THINK. I can see it.
I do not believe any of the vending machines are working as well as hoped. Remember the republicans are coming next year.
I have put all my ERBB shares up for sale. We Will Have a Republican President next year and the republicans do not favor pot.
Yes please point
This is what happens when people get involved with a pothead. Remember grow life?
Not I. I'm standing.
Also cargo ships and trucks.
We have Larry Oakley, Tricia Oakley and then there's Annie Oakley. Lol
2015 through 2016 will be above and beyond what we can ask or think!
It looks like there not using the TransLock to transport.
United grounded flights. NYSE is grounded and they want me to believe this is just a glitch. I wonder if it has something to do with a certain court ruling? DDCC is VERY BLESSED.
NYSE has just had a major shut down.
This is the year 2015 to Restore.
Putin would like nothing more than for this country to totally buy into the false belief of renewable energy. Putin in his diesel burning battle proven tank and this president driving a Chevy volt. Putin has spoken about how fracking destroys the underground water. He's playing the misinformed evironmentalist against this country.
I heard on the news that 55% of people who bought electric cars are going back to fossil fuel.
I can live with that.
Pray for the peace of Jerusalem they shall prosper that love thee. I say that Double Crown IS DOUBLE CROWNED.
I declare in the name of Jesus that Double Crown will go far above and beyond what I can ask or think.
Double Crown is Blessed beyond measure.
On the ZaZZZ network there were 12 machines and now there are 10. What happened ?
I can still go to work and not worrie about some drug attic running me over with a fork lift because he's a pot head. Way to go Colorado
Something good is coming. The cons are trying to move in.
Colorado SUPREAM COURT just shot down medical marijuana use for state employees.
Colorado state Supreme Court just shot down the use of medical marijuana for state employees. All will be fired.
Why don't you explain yourself.
this stock is falling by the way side.
{As long as everyone in the company gets their paychecks I believe they are content to just drift along.} Your view is also jaded Pasta
If Rat Fink has concerns so do i.
I noticed they did not use the phrase [good news] They said great news.
Rather encouraging don't you think