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Now your talking, because it doesn't matter how many RS the company does, this things a gold mine, news just around the next corner...lol
True, but I am happy with what I made off it, although I will say that I in hind sight there were many better stocks to play.
The company is in its last stage, game nearly over now.
Really should be lesson learned by all, you can DD all you want best way to play is tech analysis.
Done, was done a long time a go.
8.5 mil is chump change.
WGAS share price getting killed again........wow
yep
little more sideways action and no bid
What a heap of poo...lol
He had to increase it, as WGAS is averaging 70-80 million daily passing 2.49B in a couple weeks is the reality.
It's accelerating now, sad but interesting to watch how this goes down.
Other than 2/7. Look at the 2 or 5 year chart. See any patterns here. What would you say your chances are of a massive run coming?
How far did that Britland pump take WGAS 80 million volume and 0.0004 price action. Doesn't matter now way too much dilution.
True eventually something may come of VM-179 and if you wait long enough you may get a return on your investment. Yet even more likely is over time your shares will become gradually less valuable as you sit through R/S's, dilution and declining share value as has been the case over the last five years.
The reality is any one who parks their money here will be forced to make the decision to keep buying shares in order to improve their average gradually sinking deeper and deeper, very much like quick sand.
Buy and holds losing their as*es here. Glad to be on the side lines just enjoying the show. Way too many shares for this thing to mount any kind of rally.
Quicksand....always has been.
I am happy with my 80k pop in feb, no doubt a few others made some good dough also, but i'll wager even less kept it without plowing it back in. You got to know when to get out.
P.S. I too am fortunate to have a six figure income, and trading is just a hobby for me.
Best of luck ;)
Agreed, peeps need to be wary of this one , lot of pumping going on and those who do there DD here will get suckered into being bag holders. WGAS has been quicksand for 2 years, one maybe two good trades. Honestly with the S&P dumping i'm out of stocks until the correction/crash is over.
Enjoying the view from the side lines.
I wouldn't enter unless WGAS breaks and engulfs above 0.001.
But I expect more of the same. Side ways to downward price action.
Thinking 0.0003 tomorrow to next week
I also think WGAS will need another RS to dig her way out soon.
But what do I know.
This thing was done months ago, just flipper territory now, 0.0003 end of week
WGAS end of week prediction 0.0004
You go ahead and load up, I'm waiting until after the RS and if we get some news on Vermillion 179.
Also on 2/7 I bought more shares than I already owned on the run up caught 0.009, not bad since it was at 0.0067 the night before. Always best to buy after the breakout, you won't get the very bottom but then again you won't cut yourself on the falling knife.
GLTU
Yes, seen several times here with price action plateauing at a level, with flirtations breaking down, followed by drop down to next level. Will see 0.0001 this week or next i'm quite certain. Volk will have no choice but to RS his stock. JMO
Once the RS hits, then news, might be a good time to load up and get a quick flip, but not until the RS is in first
It's Mustang island all over again, it gives Volk some PR and increases WGAS volume which provides fodder for more dilution, but ultimately there's nothing here. In a year you'll learn this deal isn't worth the paper its written on. Those of us who rode along through the Mustang Island shananagans should know better.
Exactly, the hopefuls refuse to see this coming but Volk can literally cut the common share holder out of the equation, and the sad thing is he doesn't have to break the law to achieve it.
The pop to 0.04 back in feb was the way out for longs, if you missed this or worse kept buying down here with your profits I feel sorry for you but a lesson learned for sure.
This ones done. slipping to 0.0001 then BK, RS or both within weeks or days IMO.
Betcha we see 2B and still no word of any merger, steer clear folks this is a bad play
I think WGAS is going to have a hard time finding anyone interested anymore, the writings been on the wall for some time, the bounce play is done whats left. Hope.
Once a company's stock moves from once dollars a share to trip 000's they never come back from that. Wgas has quite literally done this in a little over 2 years. Not the company you want to be putting your money into.
Those that didn't get out after the run to 0.04 have no choice but to buy loads of shares down here at 0.0005. This has been the story of WGAS for the last 5 years. Much like quicksand the more you struggle the deeper you go. Sadly they are now trying to convince themselves they've made the right decision. I'd just hate to see anyone else get caught up in this scam
Yeah but your only looking at the positive possibilities.
There is an equally and IMO much better possibility that VOLK will enact another RS first, diluting any new investors immediately.
Oh absolutely, the stock has had 3 in as many years, I'd say chances are very good they'll do another. Funny enough it's always around this time of year too, following a dramatic sell off.
I can guarantee you bulls will be white washing it as necessary and still ok because the stock can still run to 0.04. and not all RS are bad.....lol.
One of the reasons why I will not risk on this stock is because your dealing with several key elements against you right off the bat.
First the stock keeps RS'ing and diluting any value of loading at these levels.
Second the stock has been in a five year decline and has never broken out of this fall.
Thirdly, Volk keeps increasing the AS and selling off the OS to debt holders who keep dumping their shares further dropping the share price.
Need I say more, way too many other positive resource plays out there, not that difficult.
BIG RED FLAGG DON't BUY A STOCK THAT HAS BEEN DROPPING FOR FIVE YEARS
CHANCES ARE IT WILL KEEP RIGHT ON DROPPING///LOL
Just based on the trend that WGAS has been in over the last 5 years, i'd say in about 7 to 10 days the share price will resume its downward trajectory. Putting the SP around 0.0001, not sure if it can drop any lower, i've never seen a stock this low before as it is, at 0.0001 i'd imagine a BK would be coming. JMHO.
This down trend is very easy to spot, pull up the 5 year chart and you can see that share price has dropped even more aggressively over the last year. Notice that the share price has never been able to break out of these bearish trend lines, only sideways, a RS then a trend line challenge and then an aggressive drop.
IMO Volk will be coming forth with another Reverse Split measure in order to ...how'd they put it this time last year?...... 'Make the share structure less cumbersome'.......... Uhhhh I think this translates into ...'we'll be diluting the common share holders so we can secure managements control over the assets, which will allow us to transfer those assets into what ever shell company we already have established, making our selves very rich.
Wait see, I've got my popcorn ready, very exciting.
When a company files for BK, who is in line for compensation given any funds are available after the company is broken down and sold off?
Bondholders, then preferred shareholders, then common shareholders.
It's not like Volk has a history of protecting his shareholders right.
I wouldn't count on commons getting paid off when the BK is filed.
Agreed many more stocks to trade out there with nice 30-40% pops in a few days. Happens every week for me. Why tie up funds with WGAS and hope something miraculous will happen? This is just dead money for those with no trading skills. The wait and dream gang. THose loading the boat here are taking a huge risk of having their investment diluted again with a reverse split. Or worse what I suspect is a bankruptcy where only those preferred shareholders get paid, common shareholders will be S.O.L.
Exactly, those loading here are quite mistaken. We are due for another RS, Share price dropping down another level, as more realize this is a scam company.
I am thanking TD ameritrade big time for putting that chill on WGAS.
Those shorting this stock have made out nicely.
HMMMM I wonder who would short this stock??
Do you recall the share price when I posted this.....big difference....ready for another 100% drop/dillution.
If it ever does it will be years from now, more than likely, and to keep it real JMHO this company will carry on in sub-penny land like so many do just blipping along at very low volume, WGAS squandered what little leverage it had, played out I'm afraid. I feel bad for those who still believe that this will explode, the OS will be so huge it would be like trying to air lift a tank with a roman candle.
I waited two years for the pop to 0.04, was lucky, really lucky to get out. I don't see this happening again JMO
GL
You might get it, certainly the only way to make money here is keep it quick and clean in and out. Don't get caught up in the hype, trust me been here two years, there is no big deal coming. Just more splits and share selling, its a scam basically but if you can do a quick flip you can make some money.
GL
At best a pop to 0.005 with more shifty PR's, 5 year trend says side ways to downward, sorry folks.
That "if" has been around for awhile.... lots of money flowing into the market, don't see any action here though.
If you didn't get out when this ran to 0.04 then you have a total loss on your hands.
I'm holding a small lot of shares, just in case a miracle happens.
However personally I think this ones done.
I have no desire to put any more money into a hope story. Much better plays out there.
In the almost two years I have been in this stock there have only been two maybe three days in which a good flip was worth the risk.
Unfortunately anytime things looked like the stock might be profitable, management quickly encouraged dilution and shareholders paid the price. Over and over.
Do I know what the outcome of the BK case or monticeto and paxton?
I have no idea and I don't care because it will never amount to a hill of beans.