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Is ABRG finally putting down a strong base from which more frequent and positive pr's will arise? The next few weeks should be interesting.
On a comical subject, check out the raging bull board on ABRG. These guys are funny! ABRG goes down, everyone, especially the longs get really p*ssed off. ABRG goes up, and the tune changes to "i told you so." Think these guys are under a little too much pressure?
p.s., thanks for all the info, muel!!
hi sarals!!
i have learned that in a lot of cases, jumps in volume for no aparent reason normally means one of four things:
1. a sector of a market as a whole is in greater demand. probably not likely in this case since ABRG is a small fish in a big pond when it comes to oil and natural gas companies.
2. a specific stock is just being noticed by a huge number of investors who see potential. again, not likely in this case since this stock is on the otc/bb market.
3. just a chance trading day not likely to repeat in the near future.
4. finally, and this is the one i like to see the most, individuals who have the inside track to on a company are either buying up big volume and/or advising associates to do so, knowing a jump in price is coming soon. this one is kind of like speeding when driving; it's a violation, but how many people do you know that don't do it? what's the ratio of people doing it to people getting caught doing it?
look at the last time ABRG jumped...no signals, no sector jumps, no reason at all. in my opnion, volume is the number one indication of when to get in and when to get out of a stock. right now seems to be a good time to get in if you're not already.
I HOPE, THOUGH I'D BET AGAINST THIS HOPE, THAT JH DOES SOME PR ABOUT ALREADY BEING AN INVESTOR IN THIS AREA. MIGHT GIVE US A LITTLE JUMP...MAYBE EVEN A LITTLE STAYING POWER AT A HIGHER PRICE.
i think we just need a little patience on this issue.
just my opinion, not meant to offend anyone, but i think we have the right president at the right time. in my opinion, the bush family is one of good business, not afraid to fight, and, just a coincidence, oil experts. it's going to take a lot more than a bunch of politicians crying "foul" to deter his efforts. for good or bad, i think it's just a short matter of time before the drilling begins.
i think it's going to take new projects to get abrg moving. they need something new to get some attention...too many investors gun-shy about past projects that have produced nothing for ambra in the past.
muel, i hope you're right about that run in price. it'd be nice to see ABRG jump for a change.
by the way, i give you credit on finding informative posts on raging bull...so much clutter and arguing.
muel:
thanks for the news. how much do you think this will affect ABRG?
FastEagleStrike,
i don't have a specific post # on archangel, i just remember reading some good posting from him/her earlier this year.
muelhead,
so what do you think? do you buy in now hoping for another jump to .03 or higher to sell, or do you think ABRG is going to drop even further before going back up?
i think as long as another news report doesn't hit for the next month, my buy/sell plan is safe.
by the way, i remember posts from someone named archangel...what happened to that one?
a message to potential ABRG buyers:
if you buy according to charts, graphs, news releases, etc. - this is NOT the stock for you. it'll go up for no reason, and it has a history of plumetting after news releases (good or bad).
if you're a gambler that goes on hunches, this is a pretty good rollercoaster ride, gut-wrenching at times!!
O.K., since no one else is posting here, i guess i'll just throw what i know and my opinions out there.
BIKO
the good:
lots of news releases on many different projects and contracts, some of which are already showing profits.
the bad:
an enormous float, which isn't uncommon for penny stocks, but they do have quite a bit even for a penny.
what needs to happen:
BIKO needs to continue with the good PR work and producing income. their expenses need to be kept in check so that income will make the company profitable. a buy back of some of the enormous float wouldn't be a bad idea, either.
p.s.: If BIKO decides to do a reverse split, kiss this stock goodbye for a very long time.
RHEDEN:
JUST CHECKED MY ONLINE ACCOUNT AND HAD A BUNCH OF PARTIAL FILLS BETWEEN .024 TO .023. GUESS NOBODY WAS DUMPING LARGE VOLUME. STRANGE FILL VOLUMES,TOO: 5000, 1000, 1400, ETC
Is anyone still posting on this board?
Just picked up another 50,000 shares of ABRG. Got a hunch.
MUELHEAD, FEEL LUCKY THAT YOU HAVE SEEN UPSTANDING CEOS!!!
I JUST NOTICED SOMETHING...
A LOT OF DUMPING AT BID PRICE I'M SEEING IS AT A VERY LOW VOLUME. ARE TRADERS TRYING TO DRIVE THE PRICE DOWN TO GET BACK IN WITH HIGHER VOLUME?
I COULD BE WRONG ON THAT OBSERVATION. EITHER WAY, IT DOESN'T SEEM AS IF ABRG IS PLUNGING YET.
A FEW THINGS ABOUT JH:
1. HE WILL ONLY DISCUSS WHATS ALREADY BEEN POSTED AS NEWS.
2. HIS MOST COMMON RESPONSE TO ANY QUESTION RELEVANT TO #1 IS "WE'RE STILL WORKING ON IT."
3. ASK HIM WHEN HE EXPECTS TO SEE PROFITS, "SOON"
4. ASK HIM WHEN TO EXPECT A JUMP IN SHARE PRICE AND YOU MAY AS WELL BE TALKING TO YOURSELF.
DON'T GET ME WRONG, I DO LIKE THIS COMPANY (AND I HAVE THE SHARES TO PROVE IT), BUT JH, FOR GOOD OR BAD, WILL NEVER TELL YOU WHAT YOU WANT TO HEAR. HIS ANSWERS ARE AMBIGUOUS, AND HE WILL PROTECT THE PRIVACY OF HIS COMPANY'S SITUATIONS. IF YOU WANT TO KNOW WHEN THIS STOCK'S GOING TO JUMP, YOUR MONEY WOULD BE BETTER SPENT ON A CALL TO CLEO THE PSYCHIC.
hello, jmhollen.
just poking around ihub and noticed this new board for this stock. i think you're posting great info on this stock, and though revenue isn't predicted till 2002, i think jumps in price are about to get this one noticed.
i do a lot of in&outs with otc stocks, and i just stumbled across this one a week ago. rnke has great potential. keep up the good work!!
this stock is kicking my a** again!!! yay!!!
anybody have a bandaid?
THIS IS A GREAT IN/OUT STOCK. GOT IN @ 0.013, GOT OUT @ 0.065. IN AGAIN @ 0.035. I'M NOT SURE ABOUT ALL THIS SPECULATION OF 0.10 THIS WEEK OR IN THE NEAR FUTURE, BUT I'LL TAKE MY PROFITS AS OFTEN AS I CAN ON THIS ONE.
IF ANYONE WANTS TO KNOW WHERE A BIG CHUNK OS SHARE SALES CAME FROM TODAY, ABOUT 5 OF MY CLIENTS HAD ME SELLING SIX FIGURE SHARES OF ABRG AS QUICKLY AS POSSIBLE TO ANY BIDS. NOT TOO HAPPY ABOUT IT.
hello!!
hope you don't mind another opinion in here!!! can't tell you a lot of things regarding the basis of my opinion, but i can tell you that i've been holding shares of ABRG for a little less than a year now. i'm taking a beating to date, but if anybody's willing to sell, i'd be happy to take those $0.035 shares from 'ya!! ragingbull didn't appreciate my optimism...hope you don't mind