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Some buyer(s) wants 10mil shares @0.0019, it was partially filled to 9mil, today it's down to 8mil. I've been watching L2 I don't think NITE and CDEL will let this thing moves an inch unless they get what they want...
I might be wrong, but I think that I saw this pattern before when we were @0.001
IMHO, Sell if you can not afford the loss, but Don't sell because of the wait...Just my personal opinion.
CDEL is also a big part of it...Always Selling under ask, driving or keeping the price down, in the meantime NITE is loading up and CDEL times to time...Remember they are MMs. They are acting on behalf of others. This is maybe harsh, but no mercy will be shown for the weak hands. They will shake and buy every last available share if they can, and only then, the real game will start. And maybe some bashers on this board are part of that cynical game. Just watch for yourself...It is a NERVE GAME.
I've been mentioning it (out loud). NITE has started this maneuver right after the famous news about the new accounting company back in May! But people were too busy watching the fluctuation on the price, instead of the overall strategy behind that price drop!
Yes VNDM is on 0.15....what a your tought .
Am I the only one to see those numbers on the BID side L2?..looks like a deja-vue...on CEGX
Am I the only one to see those numbers on the BID side L2?..looks like a deja-vue...on CEGX
@Euripides90 I just added 225000 to my pile. IF anyone wants to complain, let it be. CEGX, it's not a flippers game. Only those who are willing to pay the price will earn the prize. That is the name of the game. I honestly don't think that any whining can stop someone from buying a stock.
I wonder why all the people complaining don't sell and get out?
That would be awesome!
So I could take my lost or my gain in peace
CEGX it's an emotional elevator.
I love this game: "Be BOLD or BEAT it"
Based on the info and DD on we share on this board. I don't see any reason for the PPS to go down, unless, like I said CEGX is buying share back shaking weak hands out (by the way, I would do the same). If that is the case, what is coming will be huge, but only time will tell...And I will say it again : it is a Nerve GAME, not for fragile heart...BE BOLD or BEAT IT
IMHO...
What we have now, tells me only one thing. GEGX is buying shares back. This is my personal take on the current situation....
I am all for it!
I am out of dry powder...But I will be back soon!
CSTI is on the BID for 1MIL...
I like it!
The funny part is that MM's need share to drive it up, and investor need shares to make money...If you dump your shares, everyone will be happy.
That way you will be a hero...
Based on the board message 4 MIL (potential) to come in the dump...Bring it ladies! let enjoy the ride!
I love the GAME!
Many people think that trading is about sell/buy shares.
CEGX could have decided to shake the market and get some shares back, just to have more to sell in the future and raise more money.
MM's will try to scare the hell out you by manipulation to get you to sell your shares. And IMHO, bigger it's the chance for the company to grow harder the game, and even tougher at this price level.
You think the market will let ten's of weak hands with the potential of becoming rich and wealthy over night...This is foolish. In the trading world, only the strong makes it out, and many time with deep financial wounds.
And believe me on that, it is not only about CEGX. That is the way the game it's played.
The NERVE Game "BE Bold or Beat it!"
THE NERVE GAME
MM vs Investors
If they really dumped their shares, Some MM's are happy. Some people had the chance to cover their "short", and we will eventually see the PPS rise up again. and if they did we still 5 Mil to come our way...Get ready for the waves!
I could not get too much but I grabbed 140000 at @27
I love that game...
Be Bold or Beat it!
IMHO
I am very careful with L2 and MM games. Yesterday I put a BUY order at .0032
it was not executed it didn't even show on the stream, but the Last trade was 0.0030 and the BID was still at .0030...
If someone wants to buy in MMs manipulations, good for them, go for it!
Have you seen the size of the trade! Since so many people are so disappointed, We should have a bigger dump...JMO!
If I go by the CEO resume and other people on the board of CEGX, they know exactly why they are releasing PR or other communication at the time they are doing it. They are NO newbies. Take a look at the last 8k, Friday afternoon at 5:05 PM. I don't know about others, bu I see strategy to protect PPS, but it's just me.
We are in CEGX to make money, or we could loose money too, but If we are in we have to give some credit to the management team in place. Patient it's the number one quality of an investor.
People say they will dump their shares if no news. Good for you. Dump, flip, short, cover...it is a matter of personal choices. POL will go to you. So honestly, I don't think anybody care about that.
They are no guaranties, ONLY the game. Be Bold or Beat it!
I hope you do!
I not wishing for it to tank, but if it does, The long hold including myself on this board, if they are true to there words would put the MM's in a very hard spot, when it comes to short/cover...
MMs are playing with what they have on hand...There goal "FEAR OF LOST" if they can get shareholders to fear and sell on emotion...That is their best bait...It'is up to investors to make the difference by doing their DD, to know what is going with the company...HIGH RISK = HIGH Rewards
I think they should take that chance...
Same pattern over and over!...Every time that we are expecting any kind of news, The PPS is walked down, don't tell me it's an accident.
If they walk it down enough I will double my position. Making the MMs and flippers job more difficult.
NITE on BID and NITE on ASK...Isn't it OBVIOUS!
I've seen these MMs in action for more than a month now And all the manipulation don't work unless shareholders fall for it. They drive it down to get people to sell but they can't keep it down.
It's hard to walk it and keep it down, since the the shares are held tight.
If I have to pick between PR and filing..I would pick filing...
The only way to grad some shares is to meet the ASK...
If so they will gap the stock between 0.0043 and 0.0048...Interesting!
I like to see how people are quick to doubt and criticize every change of timing made by the CEO/CEGX. Wake-up people, it's real life business. Things evolve every day and new parameters come into play and you have to deal with it, adapt. If you have never missed a timeframe, Good for you.
Reading the CEO's resume, I will say that he knows very well what is a good timing to release a news. I want to give some credit to the management. It's hard to see the price going down but like I said, I am here for the long hold, so, let's wait and see.
Right by you...!
CDEL and NITE, had been spending the last 6 days and so, doing only that. Shareholders have to realize, this has nothing to do with the company itself. Let hope the CEO delivers on his promises, and we should be just fine
That is exactly what MM's want...That is their goal...Take a look at the sales
10k for 0.0034 etc...They are driving it down on purpose on low volume...So they can have cheap shares...It is really up to us to give to them or to hold strong to it! IMHO
You and I both!
Our current situation:
A Cie in phase of re-inventing itself.
Displaying financial strategy and acquisition to position itself in a growing and uptrend oil market. Geographically well located for potential oil production. Also have to deal with state laws and regulation to be compliant (update report with SEC, Wells severance).
Every company has to deal with different issues, so is CEGX.
As long as the management team is doing their jobs right, we are good to go. This is what business and investment are about. This is MHO.
Selling and buying among themselves to create downtrend so shareholders panic and sell...The low volume it's a good indication of it IMHO