Always searching for the next sleeping giant that's about to wake up
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I agree. Even with the BK AAMRQ will rise again. And there is no doubt that UAL will merge with them later this year. Price fluctuations will happen, but in the end American Airlines will continue to operate and emerge from BK.
If you have a short term mentality DEFINITELY get out of the stock, but if you have patience for the long term, I believe this will produce and produce and produce.
I am in at $5.65 as well but am holding a price target of $8.40 in the short term (by late June early July) as we near closer to the merger with UAL. Long term this is going to be a stunning money maker once the airlines unite.
I doubled my investment on this one and now am playing with the profits.
Short flippers will likely lose money on this trying to time the market swings. Longs will boast of this pick in the coming years.
June 13th decision by US Bank and courts as to whether or not they will allow AAMRQ to pay off over a billion in bonds early...so AAMRQ has cash to pay down debt .... GREAT sign.
Any thoughts?
Can't wait until KU is out here in California. It will sell like made. Everyone out here is so high strung trying to make money that none of us sleep much at night.
It would sell by the droves. Plus, Californian's are very in to their canned miracle beverages. Even if the crap doesn't do what it claims to do, it would make millions out here.
BW get these suckers out here STAT!!!!
Can anyone see what created the volume this morning? Was it 11mil buy order at 0001 or was it a sell? We popped up to 0002 but there is no bid support at 0001
He only bought $20 worth of shares so he didn't lose much. They were my shares. Now I have a partially filled order.
Even at 0005 you are going to be fine. Just going to have to be patient for a few months. We are going to sit down here in 0002 to 0003 land for a while.
SlingWing you are not entirely correct on your statement in regards to UNGS. While their name and initial business plan centered on Nat Gas well rejuvenation, they do own/lease quite a number of oil wells through their subsidiary E3 Petroleum. Unfortunately, the management of UNGS are a couple of clowns and have failed to share what exactly they are doing with shareholders and the SEC.
From research I have conducted with the State of Kentucky, E3 Petroleum does hold active permits for around 40 oil wells. Most of those 40 oil wells are not listed as actively producing oil.
Until Wayne and Jim decide that the world should be privy to their actual production and sales numbers, UNGS will be neither and oil nor a Gas company. They will simply be a speculative penny play with no realized product.
Do you have evidence of this or is this just your opinion? UNGS may not be a well run company or one which cares about it's shareholders...and one which has issued shares to pay for "expansions", but it is a far stretch to make the implication that they are just printing shares to scam people out of money.
Disclaimer: I own shares of UNGS and am a flipper, not a long term holder. This stock is not for the faint of heart or people looking to invest in a speculative play. Management has continually failed to follow through on their PR pumps and will not answer calls or emails from shareholders.
Not a word. Jim and Wayne aren't very fond of me. I get on their a$$es about being douche bags. At some point they will give us another PR. It's just not their forte to follow through.
Will do. Nothing so far. Jim is good at ignoring me. I think he has my email set up to go straight in to him junk folder. LOL
I emailed Jim Anderson this morning to see if I could get an update but he is notorious for not responding. I don't suppose that Wayne would be any better at responding
Definitely Surfguy. PPS will creep a little bit lower in short term but this will not stay down over time. I see us creeping down to .013 short term before shooting up in to the .03's. My December target price is .05+ based on testing timelines and projected revenue creation.
Your statement about management not doing anything to promote the stock...well it's off base entirely...read the recent news postings, which are very specific and offer concrete data. They clearly are making well educated decisions about PR and about how and where their stock is being traded so that shareholders are best rewarded for their investments.
Also, if you consider a company which publishes ONLY relevant news, one which doesn't "promote" a stock, then I guess you are only looking for scams where the stock is pumped and dumped by exec's who are trying to make a quick buck off lazy investors who don't do their DD.
ECOS has a solid long term plan and is making legitimate steps towards being a major player in the energy industry.
Today is a PERFECT day for picking up new shares. I am loving it. All these suckers selling down here are giving away money because they are just looking for a flip.
Keep sellin baby! I will take all you have to give.
yes you are reading that correctly. Friggin huge profits.
ECOS posts official contract news details. Stock up 35% this morning with strong bid support and thin ask
You are right about that...and the ASK is going to soar when people start doing that because nobody wants to sell down here. We are all looking for much higher numbers
NITE won't hold this down. People are trying to get in on small chunks being sold under the ASK to make a quick profit, but it's going to be hard for BID sitters to get in down there because nobody is selling shares.
If you look at L2 it is stretched very thin and a little volume will start sending this up in leaps.
But all this is just a short term hop and skip because ECOS is going way beyond pennyland.
WOw great find! Even though the speech is very outdated the concept is strong and with the recent signed contract could attract the attention it needs in order to get pushed through.
Notice that even though the posted PPS is dropping right now, that it is only from the BIDs being reduced towards days end. Nobody is selling for less so all these low bids are going to need to be raised tomorrow if the bidders want to grab any shares.
Look at the L2 stack of ASK orders. It is really thin all the way up to .03. Very few people want to let go of shares even with the 88% gains today.
FEI is not really an issue anymore although you may see them jump back in the picture really quickly as this opportunity finds success. From what I have seen, FEI missed the boat on this one.
You are correct. The pps got slammed because of delays in getting things launched, but now there is nothing holding it back. This can easily climb in to the dollar range very quickly.
At the very least I have a price target of $0.25 per share before I even consider selling.
I gave everyone full alert regarding this stock and some chose to get in early. Others just got in today...but honestly guys, this is just beginning. Even with 86% gains today, people getting in now are going to see 5x returns very quickly.
ECOS announces signed contract worth $7.5 million. Up 23% on the news today. Volume increasing.
This is just a start. More revenues to come in the next 6 months. Keep an eye out and buy strategically.
IMO if you want to make money on UNGS this is where you buy it. Accumulate as much as you are comfortable with down at 0001 and be ready to set multiple sell points on the bounces to 0002 and 0003. Then set chunks to sell at higher levels as it climbs to 0004 and 0005.
Until solid financial numbers come out on a consistent basis, I don't foresee UNGS going much higher than 0005. Regardless, that presents the potential to make 5 times your investment down here.
If it drops back down to 0001, buy more and repeat.
Might be a scam but it's one that I have been quite successful making money on. People have short memories and dive in head first the moment they start seeing 0001 stocks start moving on news.
Honestly though, UNGS is not a scam. It is just a poorly run company that has more potential than it's executives know what to do with. They are really bad at making the public aware of their financials and make many questionable moves when trying to "advance" the company.
Having personally met with land owners who have invested in the wells UNGS has leases on, I know first hand that they are getting their monthly payments, but have yet to determine what UNGS is hauling in...if anything.
I just email Michael Siegel to ask. Will let you know what he says.
Well isn't that the general rule behind even playing penny stocks???? These are not where you should be if you are an investor. These are plays.
If you want long term security get in to bond funds or large cap mutual funds. Penny land is for the risk takers.
Dilution doesnt matter if you are playing the game right. Right now is the perfect time to buy if you want to make money because people freak out and sell their shares for nothing. Even with dilution, you can pick up millions of shares at 0001 and wait a week to sell them at 0002.
Show me another stock where I can turn $3K into $6K in one week over and over again????
I love UNGS because others hate it. HAHAHAHAHAHAAA
The fun math will come when you start equating those calculations to pps. Then it makes me really smile.
Perfect time to swoop in and pick up more 0001's. Buy now and sell when it bounces to 0002 the next time news hits. Easy way to double your investment as long as you can be patient.
I have done it at least 5 times this summer. LOL Loving it.
I will try and find out what the margins are on the additive. Last I heard they were suggested as being in the 70% GROSS margin range. Net numbers I have not seen.
Exactly. The recurring revenue on this baby is going to be insane. And it won't take many units in the field to start generating incredible investor interest.
ECOS ECOS ECOS keeps climbing and wound tight for big boom. Up 20% today. three bagger in last two weeks.
:) Just hold tight and add on any significant drops when you can. Things are looking really good.
Volume is actually up today. But this baby is wound so tight that the slightest volume sends it soaring.
Peggy you are only partially right. Those wells will never be put in to production by UNGS. Mainly because UNGS isn't interested in the production of oil or nat gas. What they are interested in is the value of the land that they now have rights to which has the POTENTIAL to produce oil and gas.
It's actually a fairly brilliant idea. Jim and Wayne are scooping up land in a down economy at dirt cheap prices with the intent to not sell the mineral and gas resources, but rather to sell the LAND.
They can make more money with less effort through buying land cheap and selling it to another energy company, than by spending a ton to fix up old wells and produce oil.
I see UNGS more as a real estate play than an energy play.
I totally agree. Once this breaks the .01 resistance we won't stop running until we hit near .02 where it will see slight pull back before climbing again. Psychological resistance point.
ECOS News - just announced LOI's with GFE Global. Stock has taken huge hops in past week and is wound tight for jump. Likely is hitting watch lists now.
FYI - Siegel doesn't post PR unless it is something that is very relevant for shareholders and the public to know. Check the history and you won't find him pumping with BS releases. He held off since March from saying anything public about what is going on with GFE Global.
IF...and that is a big IF...this drops below .01 again, you are going to see me buying up as many shares as I can. By December I am predicting we are well over $0.10 a share if not higher.
Wow this is the first time i have ever seen only 1 comment on the UNGS thread. Everyone must be out on vacation spending all their earnings.