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2desire & everyone, I just wanted to mention this candlestic continues to harm TSRG to some unknown degree. Today he was attacking stockkydd, who has a website with a TSRG interview on it with Mr. Bagley, among other oil stock info. Candlestic is trying to get stockkydd kicked off RB, just as he tries to attack anyone who objects to anything he says. Now stockkydd is talking about removing TSRG from his website. I don't know how much good his website would do TSRG, but every little bit helps.
Candlestic strikes again. You have to wonder if he is not some sort of super-basher. But I guess if he does not own the shares he says, he would be very open to lawsuits (right?). On the other hand, a group trying to short TSRG into the ground could buy a million shares while they are selling ten million with the other hand. He sure is suspicious.
hasbro123,
I see you haven't changed. I don't recall you ever being wrong on RB either. How did it go, something about only Republicans being corrupt? Let me make it simple for you: Sharon is clearly more militant than Barak, OK? You always did read more into it than was intended.
hasbro123,
What your previous post said was obvious. What I said refers to the fact is Sharon is a militant, and increased friction seems a given and it does not bode well for the area, which might lead to a price spike at some future date. If you care to refute the recorded facts about Sharon, be my guest.
I well remember your penchant for extreme self-expression on Raging Bull, so this post indicates you did not like my statements. As I said, just give me facts. The speculation about Arabs getting nukes is highly probable. The situation is a mess, and looks to have a very good chance of getting worse, maybe much worse. Oil spiked during the Gulf War, and might spike again if troubles increase. And human nature is pretty war-like, according to history. I was not trying to state opinion, just look at the situation with eyes open. I don't know what will happen, but this seems to me to be a turn for the worse. Only time will tell.
hasbro123,
I shuddered to see Sharon win, especially by a landslide. This is the butcher who dynamited Palestinian houses with women and children in them in retaliation for the death of one Jewish woman and child. He has also attempted to enrage the Palestinians at every opportunity; I guess stealing their homes was not enough. What a mess.
I wonder if Israel will be a radioactive desert in a few years. The Arabs have had ample time to buy nukes from the Russians at their fire sale. I sleep better at night also knowing the Department of Defense has 'misplaced' over 10 'suitcase nukes', which are perfectly suited to terrorism.
Anyway, on the bright side, it will help the oil companies. Sigh.
hasbro, I like that... Raging Basher. Has a ring to it. And an awful lot of truth. We have yet to see if the new management will make a difference. Of course, if the same people are still working there getting their payoffs, it won't. Our bashers James2 and Ohmartian and TOYSPLUSH are still there, and as dumb as ever, obviously assigned to TSRG.
Looks to me like TSRG is forming a nice bottom around 0.055. Some good revenue news should have a good effect.
albertan, that was my understanding as well. I assume the management is working to maximize revenues, so if they decide to merge after all as rock265 is speculating, it should be because it is the best choice. We'll see.
rock265, which merger? And who is their PR man? I guess I was thinking it was Hillyer, but that's just because everyone seems to talk to him. At least things are progressing in Guatemala.
Oil holds near eight-week highs, awaits direction
Updated 3:18 AM ET February 5, 2001
SINGAPORE, Feb 5 (Reuters) - Oil prices on Monday held on to steep pre-weekend gains that sent U.S. crude back over $31 a barrel.
Prices have risen more than $2.50 in the last two sessions, but, with little change in fundamentals to back the run up, some traders worry that the market might be overvalued.
U.S. benchmark light crude hurtled almost $1.40 higher on Friday on predictions of a blast of cold weather in the U.S. Midcontinent.
The price ticked a slim two cents firmer by 0653 GMT to $31.21 a barrel on Monday.
A five percent cut to global supplies by the OPEC producers' cartel and erratic crude exports from Iraq have also lent a supportive hand to oil markets.
The Organisation of the Petroleum Exporting Countries trimmed back global supplies by 1.5 million barrels per day from February 1 to avoid any oversupply and potential price crash in the second quarter when winter demand wanes.
A economic slowdown in the United States, the world's biggest economy, also is expected to affect demand for petroleum.
Indonesia, OPEC's only Asian member, said at the weekend it would support further reductions to OPEC supplies because oil prices were likely to fall by the end of the second quarter.
"Usually demand is very bad in the second quarter," Mines and Energy Minister Purnomo Yusgiantoro said in Jakarta on Saturday.
"OPEC will have to watch other factors such as Iraq's oil. Indonesia will support further cuts to maintain a price range within OPEC's targets," Yusgiantoro said.
OPEC has a preferred oil price target of $22 to $28 a barrel and officials have consistently reiterated that the group is willing to defend the range.
OPEC ministers are due to gather on March 16 to review the market.
Oil ministers from Saudi Arabia and Mexico were due to meet their Norwegian counterpart in Oslo on Monday.
Saudi Arabia is the world's largest producer and exporter, while Norway and Mexico are big non-OPEC producers, which joined OPEC in production curbs in 1998 when oversupplied crude markets slumped below $10 a barrel.
IRAQ EXPORTS UNCERTAIN
The flow of Iraqi crude exports remained clouded by uncertainty with many traders doubtful Baghdad will meet a self-imposed target of two million bpd for February.
Exports ran as high as 2.3 million bpd last year but fell in January to below one million bpd following Iraq's demand that clients pay an oil surcharge fee.
Diplomats at the United Nations, which approves and monitors Iraqi oil sales under sanctions imposed after the 1990 invasion of Kuwait, said on Friday that Iraq had asked the U.N. to lower prices for some crude shipments this month.
A deteriorating market for high sulphur, or sour crudes has left Iraqi grades looking unattractive for some buyers who may not be willing to cough up the oil surcharge demanded by Baghdad.
rock265, thanks. Hope you get all better soon. By 'next month' do you mean February? In which case he is already unavailable. Why does that imply there should be a PR this week? Although I hope there is one, of course.
junglrulz, I did not remember the exact details of what rock265 reported. Yes, that is a lot of fudge room. Sigh. Well, he did say the secretary told him they were incredibly busy, which seems like a great sign to me, so I am looking forward to good news when it finally comes.
rock265,
What do you think is going on with TSRG, based on your phone call from the week before last? I was thinking we would get a PR last week, but based on what Hillyer told you, it should be this week at the latest, right?
Have a good week yourself.
JAYJR, thanks for the info. The MMs have a license to steal. I sleap better at night knowing the SEC is here to help.
2desire, we can only wait and see if this is for real. The MMs have so many ways to hide what is really going on, including falsifying data (we had posters on Raging Bull who had proof their buys were reported as sells) that it is difficult to go by anything but fundamental analysis. I think the TSRG prospects look good and expect that to eventually prove out in the price, but I can't be sure when. Sometimes MMs raise the bid just to suck buyers in so they can short, force the price down, and cover for a nice day's profit. Good thing we have the SEC to protect us.
For all of us who have been on Raging Bull, I see an OT board has been started, and that can be due to only one person: candlestic. He is very much like MoneyMade, and probably he and his followers bombarded RB with email, or maybe RB is just crooked (what a thought). Anyway, everyone just be sure you mention TSRG when you also criticize candlestic in every single one of your posts.
junglerulz, I liked your insight about stability. Although isn't OPEC itself now providing some stability in keeping the price of oil around $25 per barrel? The Natural Gas area would therefore be less stable, wouldn't it, since we are dependent on the fickle circumstance of exploratory drilling? So you are saying you think Wall Street will begin to justify higher P/E multiples for energy stocks? Let's hope so.
There is one issue I have not seen addressed, probably because this is an energy stock, but higher energy prices will make alternative renewable energy more competitive, and speed their development. I believe solar and wind power were already getting close to competitive with electrical rates, and this should only help.
albertan,
Talk about talking tough. So how many people do you have standing behind you? Wow. I have seen this kind of comment a lot on a lot of boards, generally from someone who never contributes anything. Maybe you will; I don't know. Actually, I think you should, now that you have expressed yourself. Why don't you show us some great DD or great insights into TSRG? Why don't you show us how it's done?
Let me point out once again participation on any board is purely voluntary. People who post DD don't have to. Don't expect it, it is a gift. As far as being informed of TSRG's happenings, people can't legally know anything more than has been put out in the TSRG PRs. So all you will find here is discussion and speculation, some of it dead wrong.
I would assume you don't know much of what has been going on on the Raging Bull message board. Now that they have changed ownership, things may change, but the TSRG board has been harrassed by bashers pretty much continuously. This seems to me to indicate lots of interest in the stock by someone. Then candlestic came along, bragging about how many shares he owns, attacking other posters and successfully getting some TOS'd. He is extremely arrogant, and clearly has ulterior motives in seeking to control the board, and seems to operate on the borderline of what is legal. A lot of what he posts is hightly questionable, like his very weird so-called T/A, which he has used to make ridiculously precise price predicitions for TSRG. A lot of us who have been on RB detest this arrogant late-comer. If you only want to hear hype about TSRG, then I think you should only listen to the posters who hype, like candlestic (who can hardly be considered an impartial source given his announced position in TSRG), and you don't have to just do that here. There are persons who have the goal of manipulating investors for their own personal profit, usually to the detriment of the other investors.
I think lots of other people want to hear the good and bad, as long as the information is accurate. I think TSRG has good potential, but I do not know when it will prove out in the stock price. It could also fail for any number of reasons, like any stock, and especially like OTCBB stocks. I don't want to be on a board where everyone agrees with everyone all the time; differences of opinion can lead to new insights.
JAYJR, thanks. I have seen people post that, but did not know where they got it. It is outrageous the MMs have been given a license to steal. If trading actually reflected supply and demand, I think a lot of stocks would either be higher or at least trade in a more stable way.
JAYJRIII, do you think NITE has been holding us down? I have a suspiscion they have. They had earnings problems a few months ago (pretty incompetent when you are playing with a stacked deck), and it just seems like they are shorting/covering all the time to make more money. What do you think?
rock265, well, at least now we can kick TOYSPLUSH off. I see he is up to his old tricks.
No harm in letting others know, but you probably should ask just specific people you are sure of, and ask them to email you, then give them an invite. By doing it on RB, we got the TOYSPLUSH fungal infection over here.
rock265, I see my problems today with the investorshub server/software is not just me; you posted 3 times. It's a little funky today (I noticed it is slow a lot, not complaining, it is free).
Muelhead took exception to my post about his re-post of candlestic's NG post. I was not criticising muelhead, but candlestic. Muelhead took it personally, but I think I speak for a lot of people as far as how sick we are of candlestic. Still, my criticism of candlestic's NG price futures really is what I think now, and thought when I first saw it. If I were a commodity trader it would be useful, but as far as TSRG goes it does help me much in figuring out how TSRG will do.
gabster2, thanks, I guess. Good to see you here. Notice you can send private messages, you just check your mailbox for them. I haven't tried the live chat (which is really typing to each other I was told). There may be other features of interest.
muelhead,
Quit sending me private messsages! If you have a difference of opinion, that's fine. But obviously you don't care for fair expressions of opinion. What I said about your copy of the candlestic post was my opinion, but you turn around and accuse me of borderline bashing? You sir, are none too logical.
And of course, because you are mad that anyone should not approve of everything you post, you accuse me of bashing regarding my post about TOYSPLUSH (who has a long and distinguished history as a basher on Raging Bull). Funny, yesterday you suggested I send a note to 2desire about it.
So, do you or don't you want to have intelligent discussions related to TSRG? Can you tell me exactly how a post about the NG price action gives us anything new regarding TSRG? We already knew the price was up. You have a right to your opinion, and so do I.
To all: Known Basher: TOYSPLUSH. Please do not respond to this alias; it should then go away.
Major Natural Gas producers fall short - good news for TSRG, should keep NG prices up
1/29/2001 Key US producers have disappointing results in the last quarter of 2000
By Thomas Driscoll, Analyst, Lehman Brothers
US natural gas production volumes for 12 companies that have reported Q4 results have been disappointing. This group accounts for about 25-30% of US production. For this group of 12 companies (ExxonMobil, Chevron, Burlington Resources, Texaco, Unocal, Conoco, Occidental Petroleum, Kerr McGee, Amerada Hess, Murphy Oil, and Pogo Producing):
Q4 net gas production totaled 10,958 mmcf/d
This is down 815 million cf/d (6.9%) from last year's production of 11,773 million cf/d
This is down 246 million cf/d (2.2%) from Q3
This is 1.6% below our estimate (for these 12 companies).
Prior to the beginning of reporting season, we had expected Q4 production for a 41-company universe that we cover to increase 2.3% from Q3-00 to Q4-00 from 25.7 to 26.3 bcf/d, and to fall 0.3% from Q4-99 to Q4-00.
If all of the rest of the companies in our universe meet expectations, Q4 volumes will be 1.5% above Q3 levels and 1.1% below Q4-99 levels.
If the companies that have not yet reported miss our estimates by the same percentage as the first 12 companies have, Q4 volumes will be 0.7% above Q3 levels and 1.9% below Q4-99 levels.
Over the last 12 quarters, we have tracked US gas production data for 41 companies. This sample is responsible for about two thirds of the total gas production in the US.
Record oilpatch activity predicted for 2001
TODD NOGIER
Calgary Sun
CALGARY -- Oil companies bloated on record profits will fuel an unprecedented wave of oil and gas well drilling in Western Canada this year, say experts.
Two forecasts were released yesterday, both predicting unprecedented oil and gas well drilling for 2001, a sunny outlook that isn't expected to cloud over anytime soon.
"Historically, we're way, way above anything we've ever seen, so from an exploration and development perspective, we will see records shattered," said Miles Lich, an oilpatch service industry analyst with Peters & Co. in Calgary.
Peters & Co. is forecasting 19,400 wells will be drilled in 2001, soaring much higher than the 16,507 drilled in 2000, which edged out the previous record of 16,485 set in 1997.
The Petroleum Services Association of Canada predicts 17,500 wells will be drilled this year.
Record oilpatch activity in 2001 will mean a record amount of cash will be spent by producers on oil and natural gas exploration and development, at $23 million, estimated Lich.
That figure would be even higher if it weren't for restrictions in labour and availability of rigs, he said.
"Clearly, we're running at full capacity (now)," said Lich, noting rig fleet expansion and recent recruitment drives should help the oilwell service industry meet demand in 2001.
Last week, Imperial Oil (IMO:TSE), Shell Canada (SHC:TSE), Suncor Energy (SU:TSE) and Petro-Canada (PCA:TSE) announced their most profitable year ever, raking in a combined $3.55 billion in 2000 --their coffers bursting from the unprecedented one-two punch of high oil and gas commodity prices last year.
And analysts expect the profits parade to continue.
muelhead, I thought we came here to get away from candlestic. I always thought his natural gas price posts were worthless. As far as TSRG is concerned, all we need to know is where the price is (which lets us guess at how much profit they are making). Posts like this are in the commodity futures trading arena, trying to predict where the price of NG will go. Unless you are into commodity trading, it is of little interest to us, and predicting commodity prices is always tricky, which is why lots of people are not getting rich playing commodities.
I don't think people want to read raw data about NG prices. Analysis is what we want, by someone who has a good reputation: will prices rise further, stay flat, or fall? More importantly, we are only concerned about them staying high enough for TSRG to continue to make a nice profit.
rock265, I am getting more busy these days, but what would you like to talk about? TSRG is a waiting game right now.
To all: I just noticed Raging Bull has a note saying it has been acquired by Terra Lycos. Could be interesting to see if it will make a difference.
yardshark, where have you been? TOYSPLUSH is one of our long-term bashers. Good grief. No one invited him over here.
rock265, thoughts? Oh, those things. I was just counting all the little marks on the tiles in the ceiling. Nice and warm here...
I noticed the other board is very dead, very few posts. Congratulations, candlestic-head. I can only guess that is what they wanted, or maybe they thought we would just go on doing their DD posting for them. Oh, well. That Ohmartian idiot is still bashing; I think he is Spector2000, a real investing genius if you look at his other stock picks. You have to wonder why some moron will continue to bash a penny stock for months and months, no matter how often he is wrong. I think this guy is just an incompetent trader who bashes on the side for money, certainly not for getting the stock price down because he is a total failure at that.
Go TSRG, RB sucks!
patchman, Hi. An obvious question is what is happening in Guatemala.
A less obvious one is, is it true they can buy natural gas at one point, send it through their pipeline and sell it at another point for a higher price? Candlestic-head posted this, and although I do not trust him (or his goofy T/A), it makes sense. If true, it seems like a license to mint money; they should pump as many millions of cubic feet of gas as they possibly can, and it would mean money right now, no waiting for old/new wells. Intriguing.
rock265, we didn't tell you, because you don't seem to be ready yet, but we're busy today deciding what color rubber room we are going to have ourselves committed to. All this crap on RagingBull has just been too much. I picked robin-egg blue. It matches my navy straight-jacket. I plan to sit in a corner, quietly drooling my days away. Whatever you do, don't mention penny stocks.
Bush plan: nuclear, oil, coal
Monday, January 29, 2001, 12:00 a.m. Pacific
by Doug Abrahms
Gannett News Service
WASHINGTON - A draft of President Bush's energy legislation calls for controversial fast-track drilling in the Arctic National Wildlife Refuge, an ambitious effort to beef up electricity production from nuclear and coal, and more money for energy conservation and renewable resources.
The bill's stated purpose is to wean America's dependence on foreign oil, which stands at 55 percent, and create a national energy policy to prevent shortages that have led to the California electricity crisis.
But the proposal, unless altered, is certain to prompt hard-fought debate. Besides making it easier for energy companies to build refineries and pipelines or to drill for oil, for example, the draft harbors the assumption that Yucca Mountain in Nevada will be the nation's nuclear-waste disposal site.
The draft reflects Bush's campaign promise to address the nation's energy problems and comes at a time when Americans are facing higher gasoline and natural gas prices and electricity shortages in the West, particularly California.
The bill is expected to be introduced early next month by Sen. Frank Murkowski, R-Alaska, who heads the Senate Energy and Natural Resources Committee.
Senate Majority Leader Trent Lott said last week that while an energy bill is not on the legislative agenda, it could move fairly quickly because of the "need for a national energy policy."
"It reads like it was written by the nuclear power industry or particularly by the oil companies," said Sen. Harry Reid, D-Nev. "This is a blueprint for increased reliance on nuclear power."
And signaling his opposition to making Yucca Mountain the nuclear waste dump despite the fact that feasibility studies of the Nevada site are not complete, Reid said, "This is the height of all gall."
The proposal would:
** Order federal agencies to speed up the approval process for new underground natural-gas pipelines and set up an interagency task force to hasten environmental reviews. That runs counter to efforts by safety advocacy groups to toughen existing pipeline regulations.
** Repeal the 1980 law that bans drilling in the Arctic National Wildlife Refuge and accepts the environmental impact report of 1987, which would speed up the process. Environmentalists and many Democrats strongly object.
** Offer unspecified incentives to building domestic refineries; streamline approval processes.
** Look at the potential for increasing nuclear power. There are 103 functioning commercial nuclear plants in the United States, but not one new fission facility is under construction. The U.S. Nuclear Regulatory Commission has not received any applications for new plants since 1978.
** To offset environmental criticisms, the plan also promotes a bit of conservation.
Federal agencies would have to increase the fuel efficiencies of their fleets by three miles per gallon by and use alternative fuels for at least half the total volume of fuel used by agencies by 2005. The plan also offers to provide at least $30 million annually in grants for residents using solar, wind or other renewable sources for power.
The question is whether conservation measures will be enough to mollify environmentalists, who are certain to oppose Bush's plan.
"Nuclear waste is one of the most serious problems we have to deal with in this country," said Ann Mesnikoff of the Sierra Club. "I don't think you'll find an environmental organization that will support new nuclear power. Solar and wind, yes."
"They're using the California energy mess - which has nothing to do with a lack of oil - as a pretext for lowering environmental standards and drilling in America's most sensitive treasures," said Dave Alberswerth of The Wilderness Society.
Information from Newhouse News Service was used in this report.
Copyright © 2001 The Seattle Times Company
rock265, good morning. Had some nice freezing rain driving in, which means driving in a salt bath, which I guess is better than sliding off the road. It will be nice to see some good PR's.
junglrulz & all, raunchey's frustration is clear, but that still does not justify bashing the stock - after he has been proven wrong. In our exchange Friday he was literally posting gibberish, and you can check it. He does not seem to be able to admit when he is wrong, or even follow a logical train of thought. He came out applauding the TOYSPLUSH post about how you should only listen to the company, after he had done just the opposite the day before, having posted TSRG was in Chapter 7 according to the lawyer who was sueing TSRG. This goes beyond frustration to schizophrenia. Frustration also does not explain the incoherence of his posts. Pretty strange.
On a different subject, I asked RB how many OT posts are too many, and they did not give me an answer, just said over half my posts (on just one day of course) were OT. Now, where did it say in the TOS agreement you should only use OT so much, or how much that is? Oh, this is crooked allright. Aren't they leaving themselves open to a lawsuit?
Finally, would there be any problems with having ClearBlueFlame name investorshub.com as the official TSRG message board, or at least provide a link to it? I see candlestic refuses to give anyone credit for DD but candlestic, spitting on all the DD that has gone before, because he/she/it wants to dominate the board, and now StarPath is reposting Joshuaxrays DD (pretty arrogant when you think about it, but I think SP is one of the team).
2desire for chairman! I second. eom.
2desire, I don't trust anyone who tells me the OT posts were making it too hard to read the board, but the bashers are obvious and can just be put on ignore. Think about that one. Anyone you don't want to read can be put on ignore, including OT posters. This just screams 'ulterior motive' when you think about it. As far as posting to dragon52, these people want to present the aura of respectability, remember, and since they are paid, they have the time to post everyhwere. I don't remember, but this alias may also be a recent creation. Anyway, not trustworthy, if only be reason of being insane at the very least, and certainly not sympathetic to the longs.
rock265 & everyone, I just looked at the RB board, and you can see the teamwork in action. They have aliases to respond to candlestic in a positive way, such as JaggedEdge & StarPath, and others who are putting out DD, such as walter_kronkite. Basically the goal is to control the information flow on the board. I haven't paid much attention, but it seems none of this team mentions www.transenergy.net, which of course they do not control.
Has anyone sent ClearBlueFlame an invitation? How soon we forget. He could perhaps put a warning about message boards on the website.
Later.
junglrulz & rock265,
This reduces clutter a bit: two birds with one stone.
Junglerulz, I hung around RB Friday just to tick candlestic off, but it is a losing battle, and I am getting tired of that board - I agree with you, I have suspected it is a well-organized effort, and wonder how candlestic expects to avoid prosecution. I guess if the company proves sound and the stock does not later collapse, he cannot be accused of manipulation? He has linked himself to the bashers a couple of times now, by supposedly verifying csgrayi and hungaryson (who 'validated' our basher James2's ownership of shares). He is clearly attacking longs and leaving the bashers alone, which should tell you all you need to know. And his status as a successful investor is completely questionable - anyone who plugs brokerage firms for a small commmission can hardly be successful; he may just be a member of the team.
rock265, good to see you haven't given up on message boards entirely. Glad to have you.
hasbro123,
I would expect TSRG to do at least reasonably well. We should be riding the wave now of an energy 'rennaiscance', and they do seem to know what they are doing.
Yes, I think RB has been corrupted, but in that case your emails will simply be ignored. Some on RB posted they have been named in some lawsuits - anyone know for sure?
I think raunchey is having some kind of breakdown. He seems to be angry because this is taking longer than he wanted, which is simply part of the game.
Hi 2desire (va-va-voom!), aka KyGal63. I have only gotten a warning; I am not officially kicked off RB. Candlestic seems to be in league with the bashers - which explains why he has not lost any $ - they keep getting replaced. I noticed it was odd when he provided support for csgrayi who was helping out on the bankruptcy attack, and then also provided support to the alias hungaryson, who supposedly confirmed out basher James2 actually has shares.
The question is, what is the intent here? They are clearly setting up for a run up. But is it to dump shares for a quick profit, or do they think TSRG is going to be a fairly big success, and want all the shares they can get? I am leaning towards the latter possiblity, especially if TSRG's game plan is still more or less on track. One thing is certain: we will find out in time.
Junglerulz, I was just about to read your last post to me about zonealarm when they removed all your posts. Did you get a warning first?