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Bill listen man,
I appreciate you! You work hard. You don’t dilute. You don’t lie. You don’t give up.
However, this name is so manipulated. What’s up with that? From a fiduciary perspective, Can’t you attempt to shed some light on that? The reputation of CGRA is almost totally lost.
Just calling a spade a spade.
Holy smokes. I have no idea what is going on here.
But also, I do not care.
I’ll hold. It will either work, or it won’t.
That’s trading. If my stop is his, I’ll cut. If not, I’ll give it a chance.
For clarity, I bot most of my shares in ‘16
I would imagine we will. There is obvious intention here. There is a reason for the abnormal price action. This trades like a dead company and we are told constantly that this is a dead and garbage company.
So you have to stop and ask yourself, “why am I being told this so often”. It takes a Lot of time and energy to do that. Likewise, you have to ask yourself “why is this trading action so coordinated for a “dead” company”?
This could absolutely go to 0, but I’m willing to find out. It could also go to 5 dollars, likewise, I’m willing to find out.
Whoops. Meant 1 for 2
Dang. 1 for 1
Low relative volume. Toss the data point on the close
Watch the closing range…
The chart remains intact. No technical sell signal and the stoploss has not been hit.
So far, so good
The 50 day moving average for volume remains around 7 million. I know I’m a broken record, but here goes again:
Volume confirms price action
If a candle signal occurs on high relative volume (something greater than the 50 day moving average), that means the days volume has confirmed the price action.
The opposite is also true. If a candle signal occurs on low relative volume (something less than the 50 day moving average), that means the days volume does not confirm the price action. The candle signal can be ignored
* I apologize for the repetition, but that’s how we learn
Also, I’m not the only repetitive one here lol
Monday 12/20/2021 closing range
0134 - 0169
I appreciate all of you here on this board.
Each unique perspective has helped me to formulate my perspective.
Some of you are Pollyanna and some of you doom and gloom. I appreciate you.
Thank you
Personal opinion:
I could be wrong
However, based on the things I read here, I think the potential of this company is an order of magnitude larger than what is talked about.
Agree
I agree. Bill refuses to 1.) quit and 2.) dilute.
Not sure how this plays out, but I’m willing to find out
Yes, this is for sure good optics
Happy to be here
Right time, right place
It’s happening. Right now
Nothing can stop it. Lots of momentum now.
That’s not to say that I don’t see the LOI coming soon. It’s just for this charting game
Good question. Real good question. Let’s go with out just so we can use the chart. It’s more difficult to factor in the LOI.
I could have not said it any better. Grateful…
Alright y’all. Give your guess for Monday close
0145 all day long. Then close 0155
I see you
Winner winner chicken dinner on the close game
Any chance this is a bullish inside week?
Double bottom on daily frame
That’s why I constantly speak of high and low relative volume. Anything under the 50 day volume average of around 7 million, is just meaningless data. Noise.
It’s basically Low probability data that doesn’t get added to the decision making list. It doesn’t get added because it’s low probability. Remember price action? Volume confirms price action.
No volume, no confirmation
So walls and spoofs on level two can be a tell if you’re a day trader, but it’s just noise and a waste of mental capital to look at it if it’s not actually volume that is going through and being printed or if you are not actively daytrading based off of those walls and spoofs
* my opinion, I could be wrong
There is nobody actually getting out of this name here. Just look at the volume
It’s all perception manipulation
It’s just a game. Just how it’s played.
Not good, not bad. Just is
This name has not had a weekly close over two pennies in six years.
When it closes over two pennies, that is a telling sign for y’all.
Don’t worry, I got you. You know I’m watching and I’ll let you know about it haha
Happy Friday.
Close between 0153 and 0208
Let’s see haha
Haha I for sure do and that’s how I got the avatar/handle
Bonsai tree = money tree haha
Close between 0153 and 0208
This is fun. Let’s do this everyday!
Remember that the STOP had been raised to a close below the 12/10/2021 candle.
Yes! Sure did. Just grabbed small size though, my position is so swelled haha Thank you!!
Truly a diamond here.
Happy to be here
Pretty solid level of resistance at 018 and 02. If you get above that, it should give you some insight into Who is in control
Does that look like a large double bottom pattern on the daily frame to anyone else?
Excellent update. No lies, no fluff, just tells you like it is.
This will move, just not on your timeline.
If you want something to move super quickly, see ya
Important pieces…
The timing and extent of the permissions and transfers required are expected to extend the closing of the Letter of Intent into 2022.
The Company is working concurrently on the necessary corporate actions to be poised for action heading into 2022 and in conjunction with the completion of the Project approvals. Those actions include the shifting and/or divesture of certain liabilities and assets, the filing of a Tier 1 Regulation A offering, and the commissioning of a 51-101 Competent Persons Report on the Company’s West Salt Creek oil assets in Wyoming
The Project is to encompasses further seismic research on a 3D basis in the Project zone, quantify oil availability and projected reserves, and set up infrastructure for the further extraction of oil, by incorporating potential in the Bahamas. The Project zone includes an area where Proton Magnetic Imaging was performed in 2018 which indicated oil reservoir shows under the target area in The Bahamas to be the same as that of the Venezuela Orinoco Oil Belt. The USGS 2012 petroleum assessment of the Bahamas Platform estimate total undiscovered resources at the P50 level of approximately 1,600 million barrels of oil, 2,000 BCFG and 126 million barrels of natural gas liquids. With successful advancements in exploration, production, and exporting of oil over multiple Caribbean Island the prospect of a successful Bahamian project is exciting.
I absolutely appreciate and love the fact that this is not a hype pump and dump
The company is actually reducing the number of shares as opposed to dumping more
and they are growing and building at a sustainable rate. This is amazing for the longer-term holder. Maybe not so much for the day trader…
Thanks Bill! No rush here
Reminder to pay attention to volume.
Remember that the 50 day moving average of volume is around 7 million shares on this name.
If above that we are experiencing high relative volume
If below that we are experiencing low relative volume
Today, we have traded less than 50,000 shares. Not quite high relative volume just yet
Why does this matter?
Because volume confirms price action.
Pretty telling story between the bulls and the Bears here. This market is pretty much just waiting to hear something from Bill. Good or neutral or bad, doesn’t matter.
Literally no volume today
Closes in the upper quarter of the trading range. Love that