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Bid getting stronger, bid/ask tightening up, quite a few shares in the 1's being bought, pps up over 100%, overall not a bad day here :) Not much left to do but make it official
Scottrade and Zecco both work fine.
That discussion yesterday about bid sizes might have helped us out. Been seeing some leap frogging to be the high the bid today :)
I didn't know that db, thanks for the heads up. I have been putting in both kinds of bids lately. I had 5K @.27 yesterday (which showed)and then I went in lower today, 4K @ .275, and it was passed over. Minimum 5K bids from now on for me....
I've had a buy order for 4000 @ .275 since open, completely passed over. Calling bs on this action
Love finally seeing dollars on the ask
looks like just in time too...nice work getting out of there before the fall
Back in at .15 Looks to be a good buying opportunity today
Not sure whats going on. Put in a bid at .21 and then CSTI jumped to .25 immediately after for 10,000. Then I put in a .26 bid and it never showed.
I have a bid in for 5000 at .26 and its not showing, didn't get any fills
News today...
http://ih.advfn.com/p.php?pid=nmona&article=53955116&symbol=RIOB
Rio Bravo Oil, Inc. Announces Initiation of Field Development
Rio Bravo Oil, Inc. (OTCBB:RIOB)
Monday 27 August 2012
Rio Bravo Oil, Inc. (OTCBB: RIOB) ("Rio Bravo" or the "Company"), a domestic oil company based in Houston, TX, announced today that it has begun drilling operations on its leasehold in Luling, Texas. The Company recently completed a lease trade with Eagle Energy Trust (EGL-Un.TO) which allows for the extension of a horizontal well across the front of its D.G. Tiller leasehold, located on the Salt Flat Field. The Company then filed for and has received a permit to drill the D.G. Tiller 4H well into the Edwards formation. Drilling on the well is scheduled to commence in October 2012. In addition to the horizontal well, the Company has also begun recompletion of four of its existing Austin Chalk wells.
The Company's plan is to drill several new wells on its acreage in close proximity to existing Edwards production, and then to evaluate the results. The work on the D.G. Tiller 4H well is consistent with the Company's business plan. The Company believes this approach may provide valuable information that may enable Rio Bravo to access significant proved oil reserves associated with its leasehold. Additionally, Company management believes the results from this initial drilling program may provide the basis for guiding the Company's future development plans. Rio Bravo hopes to report initial results from this drilling program in the early part of the 4th quarter.
Management Comments
Rio Bravo's CEO, Tom Bowman, commented, "Development of the Edwards formation has continued with strong results in the Luling Area. Rio Bravo is now positioned to potentially realize value by demonstrating results on the DG Tiller 4H. We continue to define new locations, and will initiate new well permits to expand the drilling program upon completion of the DG Tiller 4H."
About Rio Bravo Oil, Inc.
Headquartered in Houston, Texas, Rio Bravo Oil, Inc. is a growth-oriented, publicly traded exploration and production company with a strategic focus on development of proven undeveloped reservoirs on its properties in the United States and the expansion of its fields through unconventional exploration methods and resource development. Rio Bravo Oil's leasehold position in the Salt Flat and Luling Branyon field has positioned the Company to expand through focused drilling in a productive environment. Additional information is available on the Company's website at http://www.riobravooil.com/
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events, or developments the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by the Company based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the Company's control, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"). The Company's SEC filings are available on its website at www.RioBravoOil.com and on the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
SOURCE Rio Bravo Oil, Inc.
I wish I woulda added those .02s a while back, might throw in another bid here but I already have quite a bit.
No problem ;)
gn_ys some more insider buys filed today
Some nice Form 4's filed today
Kind of reminds me a little bit of rh_co back during its ascent. Really steady move and all is quiet on the board
Very very nice. Well done Brother.
Agreed Brother. Most of the groups in Ihub are just like locusts who come in and scream its going to the moon, pat each other on the back for bs DD work and then leave with the pps decimated. One of my main rules is once the nonsense cheerleading starts, I'm usually out. The kind of excellent DD you and Shellking have unearthed stands on its own without any BOOOOMS or WEEEEEES required at this point.
AMEN! With ones like this, the less miscellaneous noise the better.
.03 sure does seem to be the bottom but you never know. I've got a fair amount of this one too (.0324 avg). Good luck.
nice add, yesterdays action sure does raise an eyebrow...
Thinking the same thing...watching to add more
volume today...hmmmm
Got a fair amount of that one too. Thinking about averaging down but sitting on enough as it is.
bz_rt .06 now, keep bouncing baby
thx db, I needed a good win lately ;)
bz_rt out half at .04 from .018, riding a lot of freebies now. Hell of a bounce so far, looks to have lots of room left.
yep...bz_rt at .03 now
Got some bz_rt @ .018, bounce?
In for some .018's as well
my_os @ .40
shhh, I don't need to know these kinds of things :)
add ms_he @ .0008
just added a few more @ .0008, thought it would clear out csti but no dice
hi_ko added .04 to avg down a bit
Got out too with most of my skin...trading from a phone with a quote delay is stressful :)
And of course I am away from cpu and "trying" to watch on iPhone...lovely
joined that one as well @ 1.05, g/l
en_tb .016, wow guess I shoulda held on to those .0036's :)
my_os took some profits at .314, this market has me jumpy. gotta lock some in.