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Maybe he needed to sell his shares to buy a new keyboard . . . seems his CAPS LOCK key is stuck.
Thanks for your hardwork and efforts Todd. Can't PM but am concerned about going to the website's subscription page and getting a warning about the security certificate. Hope that gets fixed. I am also assuming that we will be sent our ten-digit code before/or on Monday a.m. and maybe a PR announcing such. Look forward to your reply.
That seems to be standard information needed to verify you are not a professional (maybe for legal purposes). Maybe somebody with more knowledge can help out. I have Ameritrade and when signing up for additional services they asked the same exact questions. No worries here or problems with providing the information.
They may PR intstructions on how to download the software. I would think maybe it will be available to download early so that come Monday morning when the market opens we'll be able to use it. Wouldn't that be the fuel we need to light this?
With the holiday falling in the middle of the week it's just slow all around. Many people are on vacation this week. Monday's PR probably went unnoticed by many. It's just a matter of time before these deals close and people take notice. Nothing but good times ahead.
I may be in the minority here but I have the same concerns as you Frankie. IMO I think we are stuck in the .0005-.0007 range until the O/S is cleared up on the 23rd (even with the launch). Until then many sitting on the sidelines will remain there until that is cleared up.
What are the revenues? I'm guessing because they have not yet released the product that their revenues are $0. But what are the expected revenues? Has there been any PR or estimate of what those might be in the next year?
We heard the same thing when they started running ads on Ihub. Why run ads on Ihub if they aren't ready to launch? One of these days they actually have to launch, or at least give us an update on the reason for the delays.
I would agee with you Joe. I've lost more money on this than I care to admit. And the pps has to come back ALOT before I'm even. It is time for INXR to come up with the goods.
I would take it the same way he did. I wouldn't want to be told how to run my company either. I think it was pretty rude on your part.
You might say even dillusional
To think I almost sold all my shares of WRNW because these "bashers" seem so-o-o-o wise. I guess if they believe in the long term prospects of the company, I guess lil 'ol me can hang on to my shares.
Sorry, gotta run. My sarcasm detector is going off.
Thank you for your assistance in clearing this matter up.
Thanks for the information Magic. Can these suits be settled for shares in the company? What I'm wondering is, if for instance, the settlement is for $100 can it be paid off in shares in the company? Hence, if the pps is lower at the time of settlement (say .005 versus .01 as in WRNW's case) then the person receiving the settlement would receive more shares than if the pps were higher. So if this is true, anybody with an interest in Sequoia would have an incentive to bring the pps of WRNW down right? They might even resort to bashing the stock on a stock forum, correct? Maybe I'm terribly misguided so could you clarify how this relates to WRNW and the mood of the WRNW board lately.
There's no evidence they haven't either. Considering Rees' background it is more likely to surmise that they've had this plan for more than a week than not. You can't honestly and intelligently believe that he decided overnight that this is the plan they wanted to take without researching it and putting a lot of thought into it. Most people put more time than that into buying a car.
They've only had this business plan for a week??? Really? Do you really believe David Rees just woke up last week and said, "Hey, let's change our business plan."? They just PRed it last week . . . doesn't mean they've only had it for a week. My guess is that this business plan has been in the makng for awhile. My guess is that that is why they brought David Rees on.
All one has to do is google the chief basher on the WRNW board DERBENSKI and you will find 10 pages of bashing various stocks on various investor boards. I believe what goes around, comes around. If not here, then the next life. The posters on the WRNW board are doing a good job of refuting his constant bashing, but it does get old and tiresome after awhile. He's the first person I have put on ignore. His methods and terminology fits the "How to identify a Basher" post to a "T". Hopefully, most are able to see through this.
Thanks for the phone call and the update. All the pieces are starting to fall into place for WRNW.
The O&G Service sector has been growing for several years now. The Philadelphia Oil Service Sector Index is used by several investing institutions. The PHLX Oil Service SectorSM (OSXSM) is a price-weighted index composed of 15 companies that provide oil drilling and production services, oil field equipment, support services and geophysical/reservoir services.
http://www.phlx.com/products/osx.html
Not sure how to post a chart but here is the link:
http://www.phlx.com/market/quote.asp?symbol=OSX.x
Under the 3-month chart is a link to show longer term charts. The sector has been been growing for the last 1-year, 5-year, and 10-year period. (Perhaps somebody with more computer savy can post the charts).
Although the index is made up of large stocks, I think there is room for the little guy. I'm happy with the new direction of WRNW
I think Friday's PR took everybody by surprise as WRNW transitions from an O&G company to an O&G Service Provider. I'm comfortable with the decision. The O&G Service sector has been growing for several years now. The Philadelphia Oil Service Sector Index is used by several investing institutions. The PHLX Oil Service SectorSM (OSXSM) is a price-weighted index composed of 15 companies that provide oil drilling and production services, oil field equipment, support services and geophysical/reservoir services.
http://www.phlx.com/products/osx.html
Not sure how to post a chart but here is the link:
http://www.phlx.com/market/quote.asp?symbol=OSX.x
Under the 3-month chart is a link to show longer term charts. The sector has been been growing for the last 1-year, 5-year, and 10-year period. (Perhaps somebody with more computer savy can post the charts).
Personally, I'm not drinking any of the kool-aid. I'm letting it ferment. In a few months/year I'll be sipping wine. Glad to see you stop in Lowman to remind others to check out your LMAO! board for the FACTS on WRNW without sifting through all the chaff.
I'm sorry. Where exactly does it say in the same method (according to the company)? According to you, maybe? According to the company? Doesn't say that. So, I guess that would be a NO!
Also pay attention to the word needed, as in past tense. Don't let the facts stand in your way.
Information on David Rees can be found in the Ihub box where there is a link to Post #2620 and #2622. He really has quite an impressive resume. Check them out some time.
But the other cards on the table and the ones already played that help me determine and calculate my odds of whether I hit or stay (sell or buy more stock) are company PRs and FACTS, not inuendos posted by Jokers.
It should also be noted that in blackjack cards played at another table have no relevance to your hand that is dealt. So if you want to advance your analogy about WRNW being a pinksheet stock similar to playing blackjack I would like to hear how performance of other pinksheet stocks that you keep referring to are relevant to WRNW. That would be akin to peeking at the cards on another table to determine your hand's odds. You'll come out a loser everytime.
I like your analogy to blackjack Derbenski. But you also have to know that in blackjack you do know what cards have been dealt already and the other cards showing on the table. This helps you decide what your odds are and whether you should hit or stay. I happen to like the cards that have been dealt with WRNW and like my chances of hitting a jackpot!
Good post. Now I guess you have to ask yourself . . . would you rather be the company paying those prices with no guarantees and more risk or collecting those fees with little or no risk? Although it was unexpected I also like the new direction or concentration of the new CEO.
From a Wall Street Journal article back in April. One could assume since oil drillers are way undervalued that so are the companies that service the oil and gas drillers.
Oil Drillers Undervalued
By RUSSELL PEARLMAN
April 1, 2007
Demand for oil is expected to grow for the next several decades, and all of the world's major producers are pouring billions into new exploration. Much of that money is going to firms that build oil rigs and actually drill for black gold.
Yet oil drillers, whose profits are expected to grow rapidly in 2007 and beyond, are trading at rock-bottom prices. Blame the volatility of the commodity price of oil, which has made owning virtually any stock in the oil sector a losing proposition since last summer. Oil fell from $78 a barrel to $50 last fall, before climbing back to $65. But the short-term oil-price swings mask the long-term profit picture.
http://online.wsj.com/public/article/SB117538466153655858.html?mod=sunday_journal_primary_hs
The ironic part of today's PR is that I've been looking for a decent oil & gas services company to invest in. I guess I had it in my portfolio all the while. ;)
Amen to that!
Do these still hold true? Maybe way back when but couldn't they just use a cell phone now? Or am I missing something? TIA. Still learning.
I will do just that. Until they start posting real facts and not just inuendos with code words such as "likely", "good chance", "could be", "like with most", I will ignore such dribble. Let's hear some facts regarding WRNW and not these allusions. Because, so far, I like all the facts I've heard about the company.
Lowman, Rocketstocks prefers answering that question through private replies like he did to me. Probably because he knows the answer doesn't reflect to well on him or the stock. Apparently, what's good for the goose ISN'T good for the gander.
In other words, if you are concerned about that "other stock" being late with their rigs that they promised, you should ask it on that board? Then that wouldn't be a violation. I guess others could skirt around the rules as well by constantly posting the same thing only to rephrase it and get away with it?
Take the time to look at yesterday's posts and you will see that it is clearly BS! You may even discover that a drilling update is also expected (but I'm sure you already knew that).
WAG 2007-05-26 10:25 p.m.
Thank you. But I've also read your claims of dilution already without any proof whatsoever so one cannot assume that either. Either show us proof or get off the topic.
That's some good DD on lowman. lol
With possible news on Monday, I think we close even or green today.
I know what I own and the only thing I'm uncormfortable about with this stock is that I don't own enough. Taking this opportunity to remedy that situation. In this case panic and fear are my friends for now but I wouldn't mind them moving along, real soon!