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very wise decision blindman, sorry for your loss, but atleast you saved some, rather a lot, if you think about where this pos might be heading.
good luck with your future venture.
wow, WGAS is going modular
but, only 006 now
extract from Nov 2012 PR
`our perseverance is going to pay off handsomely."
something from back in Sep 2012
the Company does have a pre-approval commitment for an $8,500,000 credit facility for the refinancing of existing related debt, working capital and a term sheet for a $6,000,000 credit facility for acquisition, rework capital expense, and working capital for the D-Bar acquisition. Neither of these facilities contain common stock or warrants...
How many people duped on this pumping and now dancing with their dead money with over 95% loss?
I am more than 90% sure, your bid will get filled eventually
it will take just little time.
no worries,
this is just ignorant bears, who don`t understand things like market cap etc,etc
run is coming
ask below the last trade,
fasten your seat belts
run is coming
float is increasing, day in, day out
how can any body be sure about % of float, they own
last week, if someone owned lets say 2% float, this week they own 1%. in another couple of weeks, that percentage will reduce to .5 downwards.
you made wise decision, I am sure
I bought at 05, and have said good by to my money, not to mention any money I spent on this pos pre-split
my fault, i did not put stop loss at 04 ( lesson learned but very hard way )
hip hip hurry
0098
run is coming
debt holders are holding their shares tight
run is coming
0098
No worries, run is coming, like one in july last year
what happened last year
it ran from 004 to .012 what a run it was
almost all of share holders who had bought last year thinking it is growing oil company, were left dancing with their dead money as it did not go upto even their break even.
this year it will run also
like from 006 to 009
then from 004 to 007
Oh, very sad
my sincere condolance to family of Mr Allen, and company employees. May he rest in peace.
I am more than 90% sure now, that lucky investor will regret soon
because he will not find oppertunity to sell those shares for profits.
and anybody bidding around 006, it will be wiser for them to put sell orders in 008s and 009s, as soon as their bids get filled. that could be max bounce it will take after hitting 006.
bulls here can`t read the writing on the wall.
lucky you, for having courage and decision power to get rid of this crap shoot. if you played with proceeds intelligently, I am sure, you will make more money than any of us holders here.
I believe, atleast one pop resulting in new high in EJ is left, before it make significant drop.
No worries about market cap
Tony is working extermly hard to improve the market cap
you can see OS rising by leap and bounds
soon enough it will catch up those supposed 9 million assests.
I don`t follow closely, but what I heard???
they already started sellings things, like they already sold 2% riding interest
there is probability, you will hear someday some other thing have been sold. and then other and then other
off course all this will be in shareholders best interest,
more likely explanation is, that there are no buyers at this level, because most of the people now understand, what game this company is playing, selling shares in disguise of selling oil.
higher probability is , you will see high volume days soon enough, when company or their cronies, finding no buyers at these levels will dump huge amounts at sub penny levels.
this is speculation part
technically, chart is at crossroad, yet another time. it can take turn to upside thus ending prolonged downtrend, and start new uptrend if it does not breach previous low of .0102
but if it fell down from that level, IMO, nothing will stop it going to 000
hey dentguy
DUST
I think it is going much higher than present levels. if you are on wrong side of this one, I hope, you have protective mechanism in place.
yes, they are in business of selling shares to gulliables. But lately their business is not going well.
pump and dump and not even a good one
that is true picture of WGAS
well done whatever,
it was perfact trade setup, to wake up a happy man
I went with E/NZ and locked 1st ever 100+ pips with one position.
yes, I can`t trade my shares anymore.
))))
)))))
usually I don`t look at news,
I had a short order in for E/CAD, at 1.3248 with stoploss at 3268, waiting patiently to get oder filled. thinking it very safe. suddenly I noticed, my account balance is showing 20pips loss. what? I checked, CAD is run down across the board, what the heck, why? I thought
looked at forex factory, CAD rate news, ok , but rate is unchanged, as forecast so why run down?
I saw your post, lets ask him, I thought
I do not understand this thing, News come out rate same, and CAD is run down across the board. Why?
I am posting, may be it will get into my head
and I will stop 2nd guessing, will develop patience to stick with strategy, and trade. may be I will stop making complicated analysis, may be I will get over my greed ( whatelse should I call it ) to catch all ups and down on chart.
just previous day, I posted the stretegy, pinbar on daily, it was perfact entry oppertunity on sunday afternoon at the middle of pinbar, and on tuesday, you can see the result.
do someone has hammer, to struck my head hard enough, that things get into my head.
although some of the posts from bulls particularly from xzx reflects that they are truely hopeful with reasoning ( and I wish their hopes come true ) and they sing songs of bullishness.
it is also right of people who are concerned about failure of the company to deliver, to express their thoughts and concerns.
the way, the pattern, in which things are moving right now, I am afraid, buying even now will turn to be a mistake, except for those who flip for 50%,60% or whatever profit come their way.
let me give example of pattern here
news was released of pipeline repair, retail people like me and you bought the shares, and the company or debt holders ( I call them same ) knocked it down to even lower levels, selling into that run. they made their profits, and people like me and you, were left holding their bags.
and you will see, this drama will be repeated again and again, a news will be released, people will buy, company or debt holder will sell into that mini run, and stock will end up more and more lower.
))))
it made 100+ move up and down
now you (mean anybody)can keep counting your waves, this ruls, that rule.......... shorts wiped out, longs wiped out whoever was in middle
just I was thinking the same thing, I sounds to me too, that we are finished with correction
when I looked closely at 1h chart, it looks to have complited 5-3-5 formation, that has ended in the area of 4th wave of one smallar degree
that right, lot of people got duped here, thinking its oil selling company. and now when with every passing day, its becoming more and more evident, that only business, this company is involved is selling shares, concerns of people are coming to surface.
you are smart guy, my only hope is now, it retace back up in the form of wave 2, somewhere near 120 again, so I will jump on it.
this is very unfair of it, when we were preparing to short it at 88.6 , it turned from 61.8
it should have told before hand, that this time plan is to turn at 61.8, so we could short it there ))))
what EJ turned from 61.8 fib?
This is also quite a good argument that somebody is buying those shares.
those somebody who are buying those shares, they are guliables who are getting suckered into this sinkhole ( thinking that this company is doing the business of oil selling ) and they will regret soon enough, like ourselves who got suckered into this sinkhole almost a year ago, and now regreting sitting on dead money ( if there is any left )
and as we came to know after one year, that real business of company is selling shares, those who are buying now will find out much sooner when this will dance in low 00s
and bulls have such a dreamy, green ribbon on their eyes
that most are down more than 90% of their investents but are unable to see the sinkhole, they are heading into
my assessment is next week will see prices above 01 for last time
to drown into 00 for many many weeks to come.
Hey estimator,
I am looking at 4h EU chart
leaving the waves aside, I notice that last time when EU made double top, it hit the target of double top.
this time around, it is making more perfect double top, and if it breaks below the bottom of double top, why should not it hit the target of 1.3103 again?
comments are welcome from everyone.
Technically speaking, by looking at chart SIRG is in uptrend, presently in corrective phase. once this corrective phase is over, and it breaks and close above .0145, good gains are expected.
))) good effort
I am also here ( I thought ) to make money, but chances are fading fast, and I am trying not to live in dreams but in reality.
what I said OEDV had Gross profit of 1.188 millions, and OEDV operating loss was on decline
and WGAS operating loss is rising exponantially
can you see 1.188 millions gross profit in 2010, and a trend of declining operating loss in OEDV
and rising operating loss from 188 thousands in 2009 to over 3 millions in 2010 to over 5 millions in 2011 in case of WGAS
I am sure, you understand the difference between Gross profits, and operating loss.
and can navigate through easy to understand tabs on top bar.
)))
if you compare OEDV and WGAS, and think that OEDV went from under 2 penny to 2$ and WGAS might do the same, then you seriouly need to look into facts about both companies
OEDV was hugging under 2 penny in dec 2010
OEDV reported Gross profit of 1.188 millions in dec 2010
WGAS if hugging under 2 pennies ( that is even after RS ) has Gross profit of minus - 4000
OEDV expenses were on decline, WGAS expenses are rising exponantially
OEDV operating loss, was on decline, WGAS operating loss is rising exponantially
OEDV, even in dec 2010 had, assests to liabilty ratio 2.5 / 1
that increased to 5 / 1 in 2011
WGAS has hardly managed to keep that ratio 1 / 1
and what else, just need to check the records.
so there are reasons, OEDV went from uner 2 penny to 2$
WGAS has none of them.
yes something will happen in future
something, ..........who knows what
loans, wells, monticto or bankruptcy
something will happen in future, this is world of dreams
todays reality is people are down more than 90% on their investment.
and trend of the facts shed light what we can expect in future
and facts and their trends are very visible to any body who take little time to check them
it takes only 5 min, to check the facts on Nasdaq.com
You need to go to Nasdaq.com
and check the income statement, balance sheet, cash flow of both the companies OEDV and WGAS since 2008
you will find out the difference between OEDV and WGAS
and why OEDV went from 2 pennies to 2$, and why WGAS can`t do that atleast in near future.
I feel in agreement with ,
I'll be looking for a retrace to 120.55 88.6 fib and then work back