out to lunch
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imho, lanza shouldn't have said anything untill a month untill he was done dumping, then there would have been a squeezs and all the bag holders would have transfered from shareholders to the shorts, then sometime later announce the r/s once the longs are out, they they could buy back in post r/s and everyone except the shorts would be happy...
that sounds about right in terms of risk reward at this level
so are lot of ppl close to me, but from the low penny raqnge, its hard to know what to do once you are sitting on a big loss, for me im on the sidelines because of ooag.
my advice, worth the price paid, is to maybe sell at .0007 if it spikes up toward .001?
for those that got in at .0001 i'd sell 90% at .0003--no doubt we will ultamately see what strategy pays off.
its been years for me as well since ive seen something this stable, especialy considering where this was 6 months ago, we don't know the big picture like barnett, but the stock price has provided much of what we need to know :) and well corroborates what he has said
kudo's to the longs that held out for the 1's that came through last week!
lol, don't count on it, we will imho still be here, but perhaps
as for the stock, that is another matter...
exactly, that's why its important to know about the relationship between ooag.pk and bdgr.pk, by knowing one can implement the best possible strategy
holding up nicely, buyers are on the side lines but now w/ lanza declairing (for a limited time) that there will be no r/s in bdgr longs from bdgr can be assure of saving at least 50% of their investment, that 50% loss can then be turned around into a gain by investing on ooag.
ooag went up mighty fast, people on the side lines might be happy w/ the price they can get in for here but only if they actually buy else when this moves they will not be happy because they will have missed the boat,
some are clearly nibbling,
for those that got in back in march we are better than half way there imho
but the good part is that w/ a high salvage rate you can get into other stocks that are benefiting from bdgr's demise, which for most at these levels would mean making all your money back + profit, so hand in there, see what happens, bucks or not stick to your exit point and your next play, my i suggest the company that is getting tons of bdgr's money
glta
-real
don't be, lanza has given all longs a limited time offer to either cut their losses by no less than 50%, which is a huge gift in pennyland, there also is also a, possibly slim, chance that many will make some money.
my breakdown
10% investors make money
20% break even
40% loose no less than half
30% loose big
jmho, so you have a 70% probability that you will loose no more than half, that's awesome in penny land, but imho not alot of upside and imho this is a limited time offer from lanza to bdgr shareholders
-real
Read John's posts, he used to be the moderator, also check the pinks, but they may be out of date, so imho what ever john says should hold, he's been doing the math
if no one except lanza has sold, longs may be golden if there is a squeeze, all depends on the churn
the greatest scams keep people wondering, imho actions speak louder than words and bdgr has actions which are production and actions which are dilution. both say something different, the test is which affects shareholders more, right now it appears dilution affects shareholders more despite assurances from the company
hence you either say its a bad company or a scam, your choice...
I like the way you put it, the bdgr numbers were good imho bodes well for ooag, i can see the company putting up numbers over close to a penny a share in yearly earnings, that would include both cash and concord and its 20% stake in caddo, that would put the company over 10 cents per share w/o an audit, w/ an audit and expanded interest in concord and surrounding properties 30 cents a share eazy on the squeeze! If they can time that w/ selling of caddo at the going rate of 30,000 / acre, that would be an additional 10 cents a share in profit bringing this on a squeeze to over a buck a share
well, maybe this is dreaming but no doubt something is going on and there is money to be made...
that's cuz its "all good"
i agree :), i'm just trying to be nice about it
good luck w/ the benz, and yes, this stock continues to amaze me, the chart speaks of good thing to come, over comes gaps and head fakes, volume pretty nice today too
lol, who wouldnt be overjoyed to see this over 2 cents, that is pre r/s...
w/ a 10 trillion share outstanding this company could fluctuate between a 1 to 2 billion dollar market cap---lol
to lanza that is a great idea, i'd like him to make the guiness book of world records...
-real
cjstocksup, howdy, wb, we need you on the other board as well
ooag_long
which translates to between 50 and 100 million shares assuming a 5 to 1 ration of readers to posters that still only at best accounts for 500 million share or 10 percent of float, so either the volume is artificial or there are alot of people that are very hidden in the scheme of things
to quantify trades that are NOT artificial imho is easy, look at the number of trades that went through at .0001, the other day it was significant, so i'd day about 1-2 billion shares are fully accounted for from direct sales the rest its anyone's guess
good luck figuring out what is going on
others clearly share that same opinion else wouln't see the gap being filled like that imho
yes, and ty eom
ok, well the pros are the promise to fix and decrease the share count and though disputed by some db blowhards, imho they have made very satisfactory progress in that regard. They do have assets that they have disclosed which seem very valuable, dd suggests that recovery from the concord salt dome though low to medium yield is virtually certain, this with panola and caddo parish holdings the company seems to be significantly undervalued, finally the company talks about cash alot, and says they have cash deals they are doing dd on which does sound very good.
on the flip side we are left to speculate on when the deal with lanza / BDGR.pk will finally be disclosed, in about 4 weeks we should know unless barnett / ooag allows lanza to file for another unopposed delay regarding the settlement. but the stock price of bdgr is clear, its now as low as it can be pre-reverse split .0002 and .0001 hence the saying "if its bad for your it must be good for me" applies in this situation. nevertheless im peeved about the lack of disclosure, i do beleive more will be know and the stock will ultamately uplist to the otc.bb, I also think that the buyins report is right on about there being a huge short position which imho means that an uplist alone will force ooag to be moved to the threshold list hence forming a huge squeeze.
one can only hope
jmho
-real
lol, there are 3 gaps in todays chart, each very quickly filled, lol was that a rhetorical question 1ijack?
No one is disupting the truth John, and /but i believe that no one ever should be trusted, not me not you not anyone, that being said, we have to at least go through the motions, and if someone wants to look at the bylayws and you have 'em, please pass them along! Reagan's trust verify at ihub become mistrust but still go through the motions of trusting every now and then because there is nothing else one can do--all the while its perfectly ok to grumble and believe its a waste of time
its like "ok you probable pos, i don't trust you, i will not endorse you and by every indication of my gut this is waste time, but ive got nothing to loose playing the fool as long as i dont do it for more than a moment--after that its back to bugs bunney and the rest of the loony toon characters feuding that is the norm around here, untill once again it is mutually decided to do something very likely to be stupid again--that is to pretend that pretending to trust one another is not a waste of time"
its alot better than giving up because one thing we can all agree on is that lanza wants everyone to give up, the truth in this is self-evident as you know all to well
whatever happened to happy hour?
believe me max, we already have our share of bashers, we are not immune, from my perspective, is that something is holding up the disclosure of the settlement between ooag and bdgr/lanza, and any shareholder that beleives that the hold up is somehow due to lanza using the lack of disclosure to take advantage of bdgr shareholders in order to meet obligations w/ ooag faces somewhat of a delemma, on one hand it should be great to get more money for ooag, but on the other hand this should not go on forever, and from my point of view i'd like to see the pain end for bdgr shareholders before they both mutually agree on another delay
thanks for that mickey, but for now i'm off on the last train to clarksville.
happy trading
yes, that is the spirit, but, how can you argue w/ the fact that max power was not able to get a clear cut answer about the share's outstanding. Any company worth their salt could provide an answer better than that
"I believe I got through to them that this would create investor confidence. I can't promise anything of course, but I do believe they 'got the message'"
Just like charlie sheen in wall street getting through to gordon geko not to break up "Blue Star"?
ive hardly ever seen a good upward move that was not proceeded with a solid head fake!
lol, ty for the account, its been awhile since i've gone at things like that--very inspiring
a little of both i'm sure, the fast bounce back does however inspire confidence in the stock, now its time to inspire investors w/ more than share price
what happend is that we filled the gap
then why the massive dilution of bdgr? why all the talk of cash? the best thing for ooag is to shut bdgr down, to AB that might not make sense because imho, he's reaping cash from all of bdgr's dilution, nevertheless there must not be another extension, imho, barnett is foolish to trust lanza and give him another extension, lanza will just figure out better ways to screw us
like i said you are just putting money in ooag.pk's pocket, i'm ooag_long, but at this point its so obvious what is going on here that I feel bad. Ive made my peace
late
well i disagree on the prospects of a short position but it hardly matters after the r/s shorts at .0005 will be covered at .0005 x .0005, in otherwords this is going to sub penny again after the r/s in record time
when you come to your senses please report this company to the sec
dude, its in the best interest for eveyone except insiders that the sec halt trading on bdgr, today, this very second even though that would shut off the spiggot to ooag, its bad enough that bdgr longs are being imho lied to by lanza but whats worse yet is to see them continually being used