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Maybe the bottom is close but no way to tell at all, nice that it's up 10 % but seems to rise in pps during low volume, once the 1 mil mark is hit the stock seems to drop 10 - 20 percent just like that. Any other opinions on where they see the bottom to be???
Eh I'll wait till the end of the day, but again I don't see how so many get hyped up with a 18 % gain yesterday with many of us who follow and own this stock anticipate another 12 % drop the next day, and possibly another 10 % drop the following day. Just my opinion but the trends we are seeing are seeming to cause new investors to think they are getting discounts and causing LT's to average down, who is winning in this scenario? JMO
I couldn't wish any more with you on that, but with barely 100 bucks traded only the first hour for NESV so far , we can only imagine , plus yesterday was the first decent volume day almost all week and it dropped down again another 23 % , although buying cheaper does seem quite tempting and gaining a higher stake seems to be good angle. Just my opinion
I saw around .0110 .0105 again this morning, but I would wait an hour or two and see where the pps will land.
Today's pps movement is a strong moment of truth for me , I hope it finishes down 5 % at the extremely worst , but mostly want either no pps movement or another smooth but not some large and "pumpish" increase in pps . build a chart showing a steady and smooth reversal and positive progression and this will build shareholder trust and reassurance that could lead to a good volume increase and exposure needed for the company from an investors perspective. Just my opinion
Right now I have to hope for around .005 to .055 , wouldn't be a bad place to average down, if it dips below .0050 then I will be panicking for sure, I just want some light towards the end of this tunnel of dilution.
That's a pro of dilution for sure is to gain way more shares than anticipated , but the Negative that i see is exactly "when " will the dilution stop and what point will be the jump in point? Sound like a broken record but Friday I wanted to buy back into more shares when it seemed it was steady at .007-.077 , but now is at .006. Sounds like an even better deal to jump in , but can it go to .0055 , .0050 , .0040?? What's the point of averaging down when one you don't know when the bleeding is gonna stop , and also if that acquisition or cessation of dilution is ever gonna happen to pop the pps back up? Dilution and notes need to occur just as much as positive news at the same rate if the pps is ever going to recover , but I'm still pretty sure I want to jump in more on Friday , this stock seems to be really overvalued and possibly a diamond in the rough, there are a good amount of red flags as well. Just my opinion
Eh prolly gonna finish at .0130 today, I'll take + 20 % for the day, I just want this to hold, not another down 10 percent .... Then down another 12 percent .... then another 15 percent .... Etc.....
Crazy to think this is down 77 % from a month ago, all I am seeing is a lot of bleeding.
What I do agree with you is in terms of I don't know or think we have hit a near bottom yet, .007 - .0077 looked pretty close to me but at .0065 (-16%) , the dust still needs to settle so we can see directly what the low is going to be. Just my opinion.
Haha I'm getting a vibe to not average down for the end of the week? Call me naive but I will still stick by this company as I am already invested into it.
Yep, but I'm with you man. I was planning on buying again on Friday anyway to avg down and obtain a stronger position, and the pps although lower does give me a greater stake in this. From my perspective now , I really do enjoy the option of this gamble and will sit on this with more shares and watch what transpires in the next couple months.
Exactly , that's my perspective on this company , just as long as it survives during the oil glut and picks up hopefully in the future or gains the acquisition that has been hinted at ( what in the world is currently going on with that???) , then picking up cheap shares seems to be allowing current shareholders to average down and gain a stronger and more significant position in anticipation of a future rebound ( when it happens....?????)
I think also the MAJOR risk of investing in oil/ng stocks during the oil glut in 2015 is not just OIL prices making a recovery , but mostly if a company can SURVIVE during low oil prices for awhile until a oil bounce occurs. The Q seems to portray that the company's forecasted cash flow will allow them to survive for another year , which gives me more confidence in the company as many small oil companies left and right went BK. If this company can maintain until oil prices rise sometime in the future, then I think I will be happy in my investment come six to seven months from now or shorter ( who knows but I don't think big corps will allow low oil prices to continue in its neg effects of the global economy) .
I'm hoping the last two quiet days in volume result in some positive action today , what else is anyone anticipating for the day and the rest of the week? If it goes down, I will average down for sure on Friday, if it goes up then I will be obviously be happy.... Seems like a win win in my opinion.
Patience is definitely a virtue with this stock, I would be happy with a .02 to .03 pop ..... Then stability for a couple of days. I don't wanna see a .03 to .04 pop then it sinks back down again into the .01's , as pennypro was saying in the board , I don't think people are going to hang on LT on this stock if a pop does occur , most might just regain their losses and exit in fear of another drop. Just my opinion
And from what msnj stated , I don't see any issue at the moment with no volume - no decrease in pps - possible warrant conclusion approaching????
Anybody predict any volume for the rest of the day or will finish at the big ZERO?
For sure man, down 10 - 15 percent is now becoming a usual occurrence for a couple of days straight... Then 10 - 15 percent up one day and the conversions are supposedly done and all the gears are lined up together for a run. Like my scenario ( and I'm sure many others) , this trend is causing potential investors to lured in by false hopes and "discount" prices when buying a stock down 10-15 percent, but continues the same cycle of " up 1 down 4 up 1 down 4 etc....." Doesn't matter what pps anyone here jumps into, if the cycle continues who really is winning in this stock???? I dont even want to necessarily see a massive spike one day this week, just two or three days back to back with the max loss of 2-3 or no movement at all, because all I see is an unstable stock that no one here can predict. As a shareholder that's my honest perspective from what I am seeing. Would love to hear other responses from anyone with their own interpretation as I love legit and informative feedback.
I can agree on the positive part of no volume today, just surprised whatsoever after the Q being released yesterday. Cliché and repetitive statement by many but could the lack of volume in the last two days and steady pps really indicate the fortress of a true bottom? I just want Friday to come so I can buy more if the pps holds until then.
?????? Still no volume at all ???????
I'm definitely gonna buy more on Friday if the price stays around this pps to avg down some more , one hour in and no volume ...... Must of forgot to set its alarm clock
Already down almost 11 % today , this stock needs any type of news outside of convertible notes. Crazy to think last week there were posts spouting a rise by to .02 , I think this stock is gonna touch .01 or lower before it gets close to .02 ; bottom line is that lack of news or progress is going to let the pps decrease more and more , and I thought .0235 was a worthy jump in point lol
Down 12 % yesterday on a green day , if green again today I don't want to see another drop , this stock needs to follow the UPS and downs of the daily market.
We most importantly need consistent volume for the next couple of weeks; not another 6k day
WSJ came out with a recent article stating investors are aiming towards oil and NG stocks, let's hope the Q and stock market bounce yesterday attracts towards NESV; no where near a safe or guaranteed bet; but seems to be worth a gamble for sure; which is why I am in it for awhile and hope for possible positive momentum.
Thanks for the feedback I appreciate it . Love to hear the pro's and con's from the Q and see the board to be constructive and informative for me and others as well, and you make great points for an uneasy investor during the last couple of weeks
To cessation of dilution doesn't guarantee a "boom" . Just my opinion
Yeah I agree with what you are saying, this first needs to find a legit bottom (when that occurs , beats me ) . And the boom is what many are anticipating, but what catalysts will drive this boom ( and maintain continual and positive progression) ?
Any positives to take from the Q? Having a hard time really determining if there are any in it.
I'm still in awe that the avg volume of 2.5 mil ended at 6k.... What in the world does that signify ???
I don't know man.... From the boards and posts I feel like every week for awhile this is a double triple and quadruple bottom, I'm not even sure if we are close to seeing the bottom yet..... Hope not but who really knows
Wrapping up the day close to being down 22 % ............. Eh no big deal lol
Is the volume gonna move past 6k today?
Market is up and this is down 14%???? Bottom line is I believe Tracey needs an update on the company ASAP
I hope this company is preparing for news sometime soon in regards to the survival of the company and the status of the acquisition updates, if anything at all to relieve the murky outlook many of the shareholders have currently on this board , luckily I am in within two weeks ago, but feel hard for the long term investors within this stock.
I am quite curious of the same unstable range myself, my main concern is to average down to collect discount prices or see the pps decline as an honest foreshadowing?
Any predictions on the pps range for today?