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.
I agree with u 100%
Yeah.. I feel you brother... Padilla or piranha needs to make merger happen so we can see light at the end of this dark tunnel
Yeah.. I feel you brother... Padilla or piranha needs to make merger happen so we can see light at the end of this dark tunnel
You're right if merger speculation and other deals are documented the we should have Mo.problem with SEC but the issue here is post would still be affected if the merger doesn't go through by may 30th then we have a big problem June 9th..once trading resumes.. parilla better make this merger happen else may have more problems with SEC and share holders.. the quarterly report looks good.. I'm keeping my fingers crossed and trading accordingly...parilla has 3more days to go to decide our fate
Reality of stuff is where are all sharing our opinions here.. i have done my on DD and there are two main reasons im holding..
The Quaterly report is going to look good from all observations
You dont want to be left behind chasing the train when you could have bought shares while they were cheap.. Im 80% certain the this CEO want increse in PPS because he own a lot of shares and has been promptly updating shareholders.. What more can you sak for?
You're right..I wonder why shorts waste their time trying to make peanuts and at the end miss the big ride... I'm here to.make some good money bcos I have done my DD and know for a fact that this stock is going to explode latest by next week.. enjoy your peanuts shorts..I'm herefor d long ride
It formed a doji today..sign of a bullish reversal..end of downward trend...get ready post going back.up
LE2..the time is near.. the clock is ticking..QASP about to switch to beast mode.. nay sayers would end up buying expensive shares..lol...QASP to the moon
Page 23 of certified annual shareholder report says it all QASP is gonna move like a rocket going to mars
Read page 23 of annual shareholer report
QASP has 100,000,000 dollars line of credit with PNC bank.. stated in recent filings.. something big is about to happen
Youre right..friday may be d last chance to load cos PR coming most likely on monday and we would be in penny land next week.. mark this post.. i would post again once we hit penny land next week.. im holding long and strong.. go QASP
Lol some may be trying to get cheaper shareS... cant get cheaper than this.. buy now or keep chasing.. go QASP
I agree with you bout to load up more QASP and hold long.. nweek would be hot plus more news to come.. there is money to be made imo..cant wait :
Youre right bro.. BAYP is primed to blow .PR could be anytime from now and were in penny land
Thanks@sibware for the post on long term and shorts term goal For QASP.. i agree 100%
I see 0.2 to 0.3 cents in a week or two.. very possible... im holding long and strong
Youre right Trustedpicks. i dont know why some dont see the potential for huge profits... the quaterly report says it all in black and white... it think we would be in penny land shortly
lol me too... but im sure we made a right investment decision.... from my understanding, these producition numbers are very critical to PEII in order to secure funds to increase E & P.... Previous numbers have been good so far... i am sure this one would be nice as well. we are trading OTC which is very volatile, should always be ready to average down until news hits... if we get good numbers soon, this stock is certainly undervalued
well if you doubt it then watch tommorow... i have no reason to provide false info... everyone has the right to beleive what they want to... i know what is fact and when u see such trade its a sign of news to come
i watch this time and sale like flies on shit and i am 100% sure it was a buy... it showed up and green on pps, if pps went up... its most likely a buy
the bid as at .0205, pps was at .0205 and the trade was .0208... soo what would you call that? if you doubt it then watch out for the news tommorow... i saw the same thing last week and we got news the next day... it was a large buy at a low price probably by an insider or institutional investor... watch for news early morning tommorow
No, i was on strategy desk, time and sale all day today on td ameritrade... it was a 100% buy the PPS moves to the ask price... i saw the same type of trade last week and guess what? the following morning news hit and we went from .02 to almost .05....
News should be out very soon... load some cheapies.... did anyone see that 1.8 million buy today while people were dumping? That is a sign that we are very close to getting news... im thinking tommorow morning.... i am pretty sure that with good news we can break .07 this week
wasup stockrockstar, you have been waiting for .01 forever, u better buy while u can before it takes of like a rocket...
Havent been following for about a week or two now... just wondering how soon we expect the deal to close and any additional info that may be beneficail... Thanks
Samdmil.......Onemessage only........ the DD Kings...whats good with EWRL
very possible
yeah...that only means one thing, something big is about o happen soon... bout to load some more cheapies
Wow, did you see that 2,000,000 buy @ .0267... insider buy probably
Yeah but they would provide funding for exploration and production, not for campaigns to create awareness
stockrockstar is just a scavenger looking for cheap shares just like a vulture looks for dead meat...rotfl.... nice try but its not goona happen on this one
Now do you think they have access a $10,000,000 line of credit to go out there and make $10,000,000 or less ... their projected revenue on those wells should be between $50,000,000 -$100,000,000 per year on good production capacities
this news is from the PR in june
Under the TCA Agreement, the company will not qualify to receive a second tranche of funding until it has at least 6 weeks of production reports to determine the level of daily production improvements from the 6 reworked wells.
Smith further states, "We also have engaged Southridge Fund Management ("Southridge") to: (1) provide funding to satisfy our accounts payable; (2) fund an investor relations campaign to build awareness in the stock of the Company; and (3) provide the Company with a $10 million dollar equity purchase line of credit facility. Our engagement with Southridge is intended to: (1) strengthen the Company's balance sheet by satisfying our accounts payable; (2) improve our relationship with key investors in the market; and (3) provide the Company with capital so that it can expand its operations, boost profitability and reward our shareholders, who are at the core of our success."
If 58 wells produce an average of 20 barrels a day. 20 x 58= 1160.
1160 x 365= 423400 barrels per year... oil is around 107 per barrel soo... 107 x 423400= 45,303,800..... we have 40 million outstanding shares.... 45,303,800/ 40,000,000 = $1.13 per share..
lets even assume that they only produce 20% of the volume above... 1.13/5 = .2265 PPS... they already have wells that are producing close to hundred barrells a day and suppose they strike large quantities of oil... they can produce over hundred barrels on each such wells... the moral of the story is load at these cheap prices
Relax... This stock is way undervalued.... currently trying to buy more shares.... need to load up because sometime this august PEII would break .15 -.30 cents... this is way undervalued... please sell me some cheapies... need to load up 150,000 to add to my 150,000 and i would be holding long and strong.... this is a company with potential of generating large revenues and with 40 million outstanding shares.. it would be valued at .20 to .30 with current pipeline of revenues... were are in money
One thing that i know for sure is that a company would not be lying on a 8k filing.. if it was a fluff PR i could understand but id a 8k filing soo there is some truth to it
One thing that i know for sureis that a company would not be lying on a 8k filing.. if it was a fluff PR i could understand but id a 8k filing soo there is some truth to it
His name should be brokerockstar instead because he is soo broke his mama has to slap him twice for not buying PEII so he has no choice but to bash... I wise man once told me dont argue with fools... let the fool continue his foolishness bcos he is soo foolish to the point he doesnt recognice and opportunity when he sees one