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Down to $0.065 now. hummm
Chart is primed to go above $0.15 now!
Numbers are numbers, not market value..... if the market ran 100% off the numbers the current oil price would not be at $66 right now.
$0.8324/pps = O/S shares x oil wells (leases) - severance tax - royalty pay - operating expense
Shares are being CANCELLED...
When a 'Q' company does not explain whats going to happen to the shares after the merge, statistics show that the shares will be cancelled, meaning no value.
You are correct. He was brought in to increase production and efficiency.
Bailey knows more about the downstream sector of the business than you think.
His numbers are fudged and made up. I can post whatever calculation I come up with to show that the share price should be $10.00/pps.
your numbers sound fudged... got proof on those costs because no profitable producing wells sell for that cheap.
Best thing to do is to go and DD other "Q" stocks from this year. The ones that I have followed which were bought out and merged, their shares were canceled. There is no mention of them buying FRNTQ's shares so I would be defensive with your money on this one, especially if you don't know whats going to happen with your shares.
How about figure in asset and lease value too. Way to leave part of the valuation out of your system.
It's possible.
I don't know, so I will take the safe route.
and down the tube it goes.
Bid is thinning out. Only two total left on the bid.
Progress is what I like to see!
When will the bleeding stop? Down 50% in two weeks here.
RSI and CMF going negative. Accum line is flat lined. Not looking good based on the chart.
Not ready... heavy downward trend.
Based on the Texas Railroad Commission, Hemi quit producing in August of 2004.
Just noticed >>> http://www.usatoday.com/MediaGallery/Cars-in-the-News/G501
Guess I missed it earlier in the month. Interesting to say the least.
Chart is suggesting a move soon
Bring on $0.05
If your statistics were true as you claim, the pps woukd have been at 0.0001 a year ago. By the looks of it, its not even close and doesn't appear to be going there. It is amusing that you stress out over a pink sheet stock.
Nothing to repair on a pumping unit except the four bearings and the wire line. Just grease the bearings and your good to go. If something major happens, just contract out Lufkin or Weatherford to come fix it for a couple grand. No biggie!
Ready to go for a ride.
The CMF and ACCUM lines are looking real good for the short term.
chart >>>
About time this moved. The signs were there before it happened. Good job everyone!
The RSI, CMF, and Accum have all kicked up today. The rest of the week should be pretty good!
The chart is still looking good and bullish
Ready to rock to $0.05!!!
And which company would that be? The one in houston or your non existent one?
oh that's to bad to hear. I'm sorry about your loss... Dr. Bailey will fix everything... See... He has already started.
Yall stress out about pinksheet stocks... Just play the charts and make some money!
I agree. I like the changes I'm seeing with management.
I don't know what indicators your looking at or trend lines that support your projections. Please elabrate as I'm always willing to learn.
Got it, thanks.
Fun stuff... why did they remove him?
I love trading BDGR! 200% in one day! Hope you are trading this one correctly to make some money because thats what its all about for pink sheet stocks. Not for long term investments.