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Oh yeah ... The day Alex went out on delivery ... The temperature was minus 20 degrees. Hmmm ... I will leave that for u to chew on for awhile.
Company is a pipe dream? Maybe maybe not. Fact of the matter is at this moment no one outside of that boardroom fully understands or has intimate knowledge. Of the recent actions or pending actions. Including you. One more thing - analyzing pennyland stocks like its the big board is humorous. Its pennyland! There is never total clarity. That's why I like USOG. AT least they're attempting to. Alex is a strong and competent leader. I know for a fact he's been out in deliveries for UNITED OIL to get a feel for the market. Does that sound like a CEO who's intentions are less than honorable? Doesn't mean USOG. WON'T fail but it does squash any contention that this company's actions aren't in alignment with their stated objectives. I appreciate and enjoy reading your viewpoints even though I think you're only looking for things that support ur viewpoint and diregarding everything else. Keep posting though because I do respect your analysis in some regards.
BT ... what happened to you? The wife got ya hanging pictures and unpacking boxes LOL
Large volume in the last 15 minutes of trading each day this week??? Any significance in that I wonder? One things for sure, the board will be much quieter this weekend LOL
Just added 400K more shares. 2.4M shares now . . . I may be able to average down under a penny if I add another 10M shares LOL
If only I had waited 8 months to get in . . . oh well, I still believe it will end up being a good investment. I tried calling United Oil at lunch. Spoke with the secretary. Mike was out for the day. I will catch up with him next week. Interested in hearing what he has to say about the market up there.
The next 30 days are going to get interesting around here IMO. It sure feels like the calm before the storm. However, this storm won't be damaging for us. Those who bailed prematurely on the otherhand ...
Thanks for the quick reply ACK. That's good to know. I will go back and save that post. Good DD!
you should look again. The link BT provided showed USOG on the list.
I remember someone posting recently on this board something about PPS of company's skyrocketing shortly after PR of an uplisting from the pinks. I believe the increase typically occurred a few short days after the announcement as well. Therefore, by the time it's confirmed it may be to late to catch that initial spiral upwards. That's why I'm adding now.
With USOG's regular certified filings and transparency, I see no reason uplisting would be denied. Is there anyone out there who can find reason for the uplisting to be denied?
BT are you ignoring me for some reason with regard to calling Mike? Never mind, I will call him myself. No big deal. Just thought that if you had called him recently I wouldn't bother him.
I need to talk with him anyway. Thanks anyway!
All have a great weekend. BTW I think .0015 is a good call for today Stoploss LOL. Even though you're going way out on a limb there. What happened to your optimism? Don't worry we're all going to be optimist soon.
Okay I see it now ... .0031
what exactly did you call? I missed that.
I agree BT ... going to add tomorrow. Did you ever speak with Mike in North Dakota? I spoke with him last in early May. At that time he was very upbeat about business conditions. I know you spoke with Deb recently and you mentioned you were going to call him. I'm curious if his business outlook is still strong. If you didn't speak with him let me know and I will give him a call.
ok then - i do use my investing sense. However, when someone comes on the board which such conviction I'm always curious if there is any information to back it up with. Same goes for the bear posters.Using investing sense or not, you can't expect to see or find everything related to a stock. That's why we come together on IHUB. To share information. Thanks for the investing advice and positive post ... even though I'm having a hard time assigning any value to it.
Soooooo ... you do know something we don't? Is that what you're saying orrrr it's your gut telling you this? I hope it's not the sandwich you just ate LOL! I'm not asking you to divulge it publicly. However if you want to email me with the scoop at csudwischer@gmail.com I won't hold that against you.
BT ... did you ever speak with Mike at United Oil?
I don't think their silence just a couple of weeks prior to releasing financial results is unusual - do you? This is typical of even the most high profile publicly held company's. Especially, since uplisting may coincide with release of the financials. The SEC probably would frown upon them being loose lipped right now. Just my opinion.
I'm very encouraged by the PPS holding its own so far this week. If this trend continues until Q2 results are released, I believe were sitting pretty. Time will tell.
BT . . . did you ever speak with Mike up in Bottineau? If so, I was curious what your take away was. Also, USOG releasing the increase in A/S after hours giving investors the weekend to gather themselves before being able to access the market was a thing of beauty. I don't think we're out of the woods yet, BUT who would've predicted a green day today???? Not me. Once I saw the pps was holding after lunch, I jumped in again to average down. Looking forward to Q2 results and uplisting announcement.
Call me crazy but I just jumped in for another 625K shares. Weighing everything in total, the pps is too cheap to let pass by IMHO. Time may prove otherwise, but if you're going to go swimming you might as well jump in the deep end.
I sense everyone holding their breath :)
Somebody mentioned white sheep don't turn black overnight. A lot of truth in that. In fact, buying now while everyone is running scared might be the opportunity of a lifetime. It wouldn't be the first time it has happened in the investment world
Good luck in whatever you do today!
The fact is, until USOG leadership sheds some light on this decision, we are all left to speculation - no matter how savy of an investor we may be or think we are.
I too still have faith, unfortunately that's all I or any of you have to cling to at this point.
By the end of the year we'll have the answers. That's not far away. Hope all have a green trading day
Could you expound or share any facts to support your exuberance or is this just an opinion. I'm not trying to be sarcastic. I would just like to know if you see something the rest of us are missing. Everyone else on here doesn't seem to share your optimism after Friday's announcement. I look forward to your response.
I hear ya BigToe. You are correct about not knowing the purpose behind what they did. Which is what concerns me. USOG Management is always talking up transparency. There was none in this action. Granted it's the first time and to think any company is transparent 100% of the time is nonsense. However, with a steadily declining PPS since the beginning of the calendar year, I question the timing of this being your first behind the curtain move. I can't help but think new investors are going to be just a little hesitant to throw $$$ at a sub 1/4 penny stock. Maybe I'm wrong and I hope I am. It will be an interesting day on the USOG board tomorrow. That's for sure.
My father also said, If you're not living on the edge then you're not living. By that definition, You, I and every other USOG investor are living large :):)
Have a great week BT. I hope you're enjoying your new digs.
Keep us posted on that Pro. Good idea!
Got your PM - Thank you! Pay Turnbull note come end of December 2010 and we're on our way. Which my DD tells me they will find a way that doesn't involve RS like some have stated. I don't see much that can or will happen between now and then to cause the PPS to rise dramatically with any sustainability. The good news as well is that it can't drop much further. If the note isn't met and Jeff takes it back as he apparently communicated in an email to a poster on the board . . . it's going to be a long difficult climb from the current PPS. Having 2M shares purchased predominantly last year, I hope the former is the case obviously. If I lose, I'll just move on to the next stock. Failure isn't a permanent event like most people believe.
Wait a minute! Are you telling me that when someone has a legitimate question on this board - not a personal attack - based on some compelling findings that just because that person in question is pro USOG they are off limits. Because I will tell you, I've been in this stock since November and I watch this board daily and I've seen the person in question attack accused bashers from time to time and not one of his posts were deleted??? Having said that I'm pro USOG and I'm in it for the long haul based on my DD BUT when someone has a legitimate non-attacking question and you just blow it away - that raises concern with me and should everyone else. If there's nothing to hide then just come out with it. Ignoring it only raises suspicion. It will be interesting to see how deleting this message is justified. Fair is fair! I thought these boards were suppose to be fair and balanced? If all were going to get is the cheerleading stuff here on this board, then we need to look to other sources to make an informed decision. I respectfully find your administrative decsion-making questionable.
No problem BT. Good luck with the house search. Mike shared with me some interesting information related to some of Alex's visits up there. I was very impressed with how personally involved Alex has been since the acquisition. He sounds like a man of character. Also, every bit of what Mike had to say matched USOG's PR releases. Believe me, I made a significant investment in this stock so I asked alot of questions to try and discover some type of inconsistency. The only regret I have is that I didn't wait to make my initial investment. I got in back in November of last year. I like most, have had to average down as the pps has dropped. Nonetheless, I'm in for the long haul, so I'm not concerned with the drop. There are no gaurantees in anything, but given Alex's credentials and the fact both of these company's are profitable and continuing to experience growth, I feel good about my position. Look forward to your take after speaking with Mike. Tell him his friend Chuck from Charlotte said hello.
BT were you able to make contact with Mike today? If so, what was your impression?
In performing my DD on USOG I spoke with Mike several times prior to and after the acquisition. I think your conversation with Mike will only strengthen your belief in USOG as a viable organization with unlimited potential. Mike has been entrenced in the business for several decades and therefore possesses a wealth of knowledge and is very forthcoming with it. Tell him Chuck said hello. He will know who I am. Good Luck to you BT and I hope your health improves.
If you want further validation of United Oil and the now parent company USOG. Call United Oils office in Bottineau ND and ask for Mike Warner. His family owned it for 3 decades prior to selling to USOG. Very nice man. I spent an hour talking to him back in December prior to buying in. Don't listen to that JM435 clown. If you notice he never provides hard facts; only assumptions. USOG is for real.
You have no idea what you're talking about. Go ahead and dump, I doubt you have enough shares to affect the pps but if you do, then the rest of us buyers will benefit from the lower price.
I hate to show my ignorance, but what does MM's stand for? I've held my position with USOG now for about a month and based on the people I spoke with during my research of the company I believe that the stock is only going to go up from here.