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I saw that buy and the ask immediately went to .0375 and it hasn't come down since. Tomorrow should be a fun day!
Just jumped in with a starter position after the news release today. Good Luck!
I'm liking this! Hoping many of the old-timers are making some of their money back.
GL
Welcome back MC. I couldn't resist either.
Nope. Still open. Even though a few went through at .0002, weird...using Fidelity...
I've been trying to buy at .0003 for just under an hour. No luck...
Bull,
I for one don't care if it is a scam or not...let's face it...the whole Alonzo charade was a scam. Let's hope that all of us that have been around since 2005 can profit from this new action. I think most of us had already written this POS off anyway. Now if we can at least make a few thousand dollars...it can't be all bad.
I support all of the new posters and look forward to watching this play out.
GLTA
Just hit .0006
Scam, or not, 400% increase is nice to see.
3.78
Nice little bounce this am...
Hey Paul,
Hope everything is going well for you. I still pop in on the other board from time to time.
Here's one for you to keep on the radar...USEC, Inc. (USS). Should get a nice bounce after the State of The Union speech last night.
It was enough of a teaser to get me to add a position this am.
Yes, they are at it again. They are calling and asking people to invest in a company (mentioned below).
I wouldn't p1$$ up their arse if their guts were on fire. Stay away from these guys. As pbls was tanking...they were involved in some shady stuff. They even left voicemails and faxes for many (don't think that was the smartest thing). They are not the innocent victims.
What's going on with this stock? Is it dead? Where is the bottom? When will the new management team speak?
What will the Spring deal do to this stock? It looks like they might reach the $1B in travel sales this year after all.
You are correct. Mine was one of them. I just got off of the phone with Fidelity...filled earlier, now says order is still open. NO TRADES went through at .0002.
If you look at the kgsweb site you can see more oil info. Here is a search...
http://kgsweb.uky.edu/datasearching/oilgas/OGResults.asp?farmname=&farmtype=wild&limiter=AND...
One thing that got me really pumped about drilling in this area was a conversation I had with one of the drillers. He was geeked out about my camera so we walked away for a second so he could hear me talk.
This guy also drilled several other wells in this area. He was proud of the fact that one well that he drilled that is within 1000 ft of the well that I visited was producing 110 bbls\day. He then pointed 90 degrees in another direction and said that another well that he drilled within 1000 ft of this well was producing 80 bbls a day. I've tried to back these statements up by combing the KY gov't sites and they don't list production numbers per well for wells that are that new, however, I have no reason to not believe him. These aren't pbls wells, but you get the idea of what we are working with here.
I'm sure one of you will crunch these numbers and tell us how nice they look.
I'm open to the idea.
Ears were ok about 24 hours later. My eyes are still dry and my sinuses are still screwed up from all of the dust. I would do it again in a heartbeat though.
VIDEO of KY OIL WELL DRILLING,
First I want to thank peorge (from ihub) for his effort on putting his together for us! This is an mpeg and you will most likely need windows media player to view the video.
http://www.thepennyinvestors.com/oilfields.mpg
I will try to answer questions if you have any...it's late so I don't know how much longer I will be awake.
Steve
"why have we capped over 10 that were producing between 5-50 bbl/day!!!"
Are you saying 5-50 all 10 wells combined? Or 5-50 each well? I cannot believe that we would cap a well producing 50 bbl/day.
KY Oil Well Trip,
I finally have a few minutes to jump online and give some thoughts about my trip.
WOW! What a day!
First, I would like to thank Mr. Alonzo for allowing me the opportunity to visit the operation. It is something that I will never forget!
John Barksdale is a great guy. He was very hospitable and he was very patient with me and all of my "How does this work?" questions.
Asus went above and beyond in making this trip happen!
USC_Cowboy has been tremendous in helping me understand how the drilling operation works. If any of you have ever had doubts as to his expertise…HE IS THE MAN!
I arrived on site around 10:30 local time. The drilling had already begun for the day. My first thoughts were “darn this is loud”. I don't think it is the type of place where you would want unneeded people hanging around; it is VERY dirty and VERY loud. It was difficult to carry on conversations even from 50 yards away.
It was an adrenaline rush all day long. The anticipation of hitting oil at any second is VERY EXCITING. One of the drill operators brought lunch out to us, so basically from 10:30-5:30 my eyes were on the discharge pipe non-stop. It was very interesting to see how the drillers communicated while drilling. It was pretty easy to pick up on their non verbal communication as they got excited\discouraged about what was coming out of the pipe. In the video you can see this process in action. I won’t bore you with the play by play; you can read the captions of the pictures and watch the video (soon, thanks peorge) to get all of that info.
Was it a success? Absolutely! I was beginning to lose confidence in this company prior to my trip. I no longer lack confidence. I don't care how long it takes to file and I no longer care that we are not getting pr's. Now I know for a FACT that we are drilling for oil in KY. I believe that those of us who are patient...will be rewarded. It used to tick me off when I heard PA or MM saying to just be patient. Now it does not bother me at all. I know that John Barksdale is working as hard as he can to increase pps. And, to be honest with you, my money is on him succeeding.
Steve
peorge,
please contact me.
steviej70(at)insightbb(dot)com
thx
Paul,
What is the best way to contact you? I will have some captions\descriptions for your site soon.
Steve
It's not working for me either. try getting there from this link.
http://ragingbull.lycos.com/mboard/boards.cgi?board=PBLS&startfrom=35906
This is what anywho says...
Murphy L Trucking Service Inc
3 Marietta Ct
Chalmette, LA 70043
504-279-997
It's in a different city. Our Murphy is listed in Pearl River. This Murphy is in Chalmette, LA. I'm not ruling out that this isn't us...it just doesn't seem to be. Nice find though!!
gun,
My company uses fidelity for the 401k. I have a brokerage link account setup through the 401k, they allow 50% of total 401k balance to be traded on open market. The fees are a little higher than you pay at Scott or Ameritrade, but the convenience of using 401k money is nice.
Gun, my 401K has pbls too.
Master
I think I replied to your RB post a couple weeks ago. Count me in for an "investor summit" As long as the schedule permits...I'll be there.
Master
I'm with you on most posts. But I don't buy this one. First off...if the "ladies" husband hadn't have died...the PR would have been out last week. I don't want to sound heartless but they did say that was the reason for delay. Also, they've had a month to be gathering info. You can't tell me that's the best they could do. Also, what's up with throwing the correction in with that PR? I don't like it. I haven't sold a share yet and I plan on being here for the long haul, however, I'm also not buying any more shares until we get the info that we deserve.
Hello everyone. This is my first post on ihub. I've been reading posts for several months and after the PR this morning I felt that I needed to vent. First off, I'm a true long who has brought several friends and family members into PBLS. I'll have to say that I'm pretty PO'd about the release this am.
From an earlier PR..."While specific information on the acquisition will be made available when the transaction closes." Where is it? Why did they include the clarification on the oil production in the same PR? Was this done with the advice from the new PR firm? If so, they stink. What about those of you who spoke to Alonzo last week about the 15,000 barell issue...do you feel like you were told the truth last week? Why didn't he clarify that on the phone with you?
I could vent about several other issues that are bothering me this week about PBLS, but I don't want to come across as a basher. I know that several of you feel the same level of frustration as I do.
Good luck to everyone!