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A bit off topic
Believe it or not, EDIG ran from .05 to over $20 during the dot.com boom/bust time in 2000. Was not in that stock, but watched periodically.
SHGPF and other energy or commodity stocks are gaining attention in OTCBB or pinkie land. I am focusing mostly on commodity OTCBB/pink stocks. In this economic climate, it is better to place $$$ in pink/OTCBB stocks IMHO. But choose carefully and do your DD. GLTY
Thanks. And after 1 year of managing this board. There are 2 board marks in one day!
Craziest stock I've been involved with such a huge B and A.
Patience the key to this one IMHO
Finally getting the interest from other players
13 posts for top 20 active message boards on Ihub. Yes
Like the STBP suggestion. Thanks.
Bought FRGY when no one wanted it December. It is an oil stock. Has had a bit of a run up to .05. Think this will go to at least 20 cents JMHO. Big following on the stock now
Until ARCA is gone, I don't think we get a good shake on the B and A.
GLTY
You could be right about the 3$ range in 1998, but the charts I use only go 10 years back and only see about 90 cents as the high.
Very likely traded higher than $3 in the beginning. OTCBB.com shows this started trading in 1995 or earlier
My biggest bagger was PRVB which was 14 bagger in '05 for a 40k gain.
I am still riding IRCE for a 66 bagger for 197k if I were to cash out now. Refinery being built. No dilution. Lots of great stuff in the works. Looking for the ultimate bagger in that one, plus have long term again there.
I stay away from sub penny unless the OS under 100M. Also only play energy or alternative energy OTCBB sector only. If OS greater than 100M, I steer clear. Hard to make big or even little coin on those. JMHO
Course I played poker otcbb stocks while that was hot. Always exceptions to my rules.
Been more picky in my stock selections due to market conditions. You play pennies much like I do. And I've experience similar results.
I want a long ride too
I watched this for a number of years until finally buying in 2007. The company does a good of PR-ing developments. No pumping, just facts.
Would be one heck of a dream stock if the PPS rises sufficiently and we go back to big board again. Think this was once listed on the AMEX under symbol SHG.
Indeed, volume usually preceeds price movement-------meaning PR.
I am well into the "green" with this .09 x .19 spread, but I'm always looking for the home run! That's how I play pennies.
Fine by me if there just us 2 posters. No basher(s) to worry about so far.
Rediculous .085 X .185 B and A.
Come on MM's.
Volume. Appears ARCA is holding this down
This was once a big board stock. ARCA is off the bid. It is very possible for a huge short to exist in this stock.
When this Stock became delisted from the big board, the MM's likely mercilessly shorted this. I think we are seeing short covering mostly by the goofy price buys. Most traders tend to buy stocks in even amounts like .13 or .135 for example.
The above is JMHO. GLTA
Getting some interest here. Pr Soon? The spread between bid and ask is 10 Cents!!!
It appears orders can get filled around 2 to 2.5 cents above the bid.
This stock has one of the wackiest I've seen in a gap between bid and ask. Yet, in my trading experience, these types of foreign OTCBB stocks can have huge gains with the right news.
Been in this for almost one year. For a penny, this stock is "relatively" safe GLTA
This trading pattern is very erratic. Hate to think our MM could be manipulating this.
From .019 to .011 to .022? Think we have something good going on behind the scenes. Tight float and we have filings, so this really is not a dead shell.
Best time to get into a penny is before the crowd starts moving in JMHO.
Fair enough assessment Creede. You have a point, but this stock was a big disappointment.
SORD looks to be within my buying range soon. Hope everything works out for you on NNYR.
Still will watch this. GLTY AA
Been in this stock for almost 1 year. Took from April to August 2007 for my order to be filled. The company is slow in closing deals and hope to get long term gains. Based my past experience, I think the price could hit in the range of $1.50 to $2.50 JMHO.
Still hard to fill and believe this is a great long term hold. This was once a big board stock and think this stock will make a great comeback.
No guarantees in penny land, and it's hard to get long term gains since mostly these pennies are short term trades. I never put more than 3k into any penny in case the stock goes bust. Always have an exit strategy whether the stock goes North or South.
The CEO does not dilute or Reverse like so many other penny stock CEO's. Think we have a great long term winner.
The key to winning pennies is finding them before the crowd and getting out before the crowd JMHO. No one is following this. Hope the MM ARCA goes away soon
Good luck Ron. Great see another post
MGRA and NNYR 2 CEO peas in a pod? The Ceo of MGRA has quicker trigger finger on the printing press button.
Whatever happened to that update? Is the company under SEC investigation? Sure is quiet.
Any newly minted shares since the 217 million issued?
If I was going to build a company, I would not screw shareholders money into the ground. Based on the performance of the last 2 years, I don't see the CEO any different from the MGRA guy, FXTN, CMKX, CYOS, SLJB, etc. The OS is transparent, but this stock proves you can still get ripped off
No answer to my Joe Namoth query in guaranteeing no reverse split. So guess this means more printing and reversing.
Hope the shareholders like Crede can get out of this. I think the CEO will tell anything you would like to hear. Take everthing he says with a grain of salt.
Know the risk in pennies, but,like Shaquille O'Neal, I expect to win all the time in penny land.
Lost $714 in my Scottrade statement but made more $2900 in interest. Better to put money in Scottrade than to put this in NNYR.
Still can't understand why so many pennystock CEO's pea away so much cash/shares to worthless PR web firms. It's a huge red flag hanging over the company. There are better ways to get word out much cheaper IMHO. Of course, what do I know about business, I'm just a trader LOL
This board was a ghost town when I bought in December. With the board marks rising, something must be up.
What kind of news or events are supposed to propel this stock to mega bagger status? Have a 3 bagger+ at this point.
Looking good from the opinions on barchart.com. Excellent resource for penny stocks IMHO.
Oil stock to avoid is NNYR. Dilution city there, pumping CEO that used to post on ihub. Got screwed $700 there, but nice tax write off.
Looking for mega gains here!!! ACES up!!!! GLTA
News again. This company does not PR very often unless the news is noteworthy. Appears some coal land in Kentucky will be acquired soon. Company is slow with deals, but do accomplish them.
Worth some speculative buying IMHO. The 4 cent plus spread means MM's don't want you buying.
Glad there are no bashers or pumpers here (yet) Check out NWOG, EAGM, FXPN, XNGY for pumping, bashing, questionable scam activity, or just pain reading entertainment
Moving on up from .0026 to .0027. Nice 500 share trade. Pumpers are falling all over themselves to get in early
JMHO
News after all this time.
Shares issued at .25 cents per share and only 2 Million.
Float must be very tight based on the spread. Think we move north significantly in the coming couple months IMHO
You are right Puppman. That is double sick. As of now, there is at least 217 Million O/S.
I truly hope those who are still in this make out okay. But given the past record of the stock in correlation to PR's, the prospects appear to be bleak.
The press must stop for the price to move north. And free shares to worthless PR web firms have to stop. Pr firms usually mean------RUN, FORREST, RUN!
Watchlist EOM
Creede u still in this?
Based on the performance of this stock and other similar pinkies, I would have to put this in the stinky pinky catagory. Sometimes you win some and lose some in these pennies.
Above all..........ALWAYS HAVE AN EXIT STRATEGY with any pink or otcbb. This way, if you are swinging for the home run, you won't lose 70% to 100% to inept or crooked CEO's. Yeah, I am almost always swinging for the HR in these pennies, but will do flips.
This is the only penny that lost money for me in 2007.
GLTY. Keeping a close eye on SORD.
The last OS count is 60,505,000
Call TA to verify
Almost 10M shares added since June 2007. Figured this would drop and looking for a flipping point. GLTA
Just like my statement for LBPE .000. LOL
I checked pinksheets under the filings, but can't access the old statements. Pinksheets shows filings from 1972 to 1987. It would appear LBPE was once a NYSE, NASDAQ, or AMEX stock long ago during the 70's and 80's.
We have new MM added recently the symbol is AUTO. Maybe the filing is in the final hurdle and we will see some action in 2008? New MM's don't get added on dead stocks very often for nothing. Best time to buy dormant stocks with potential is now before the crowd arrives
No guarantees here, but the potential with Nevada fields, a filing, a low O/S of 47 M, we may have something fantastic in the works. May have to hold this for a while, but long term gains sure sweeten the pot.
Are you in this lifegear? GLTA
SPOC sure looks tempting at .0021
Here is the MM line up for LBPE
Doms .002 bid 5k
Nite .002 bid 10k Nite .01 ASK 10k
Carr .002 bid 5k Carr .03 ASK 5k
AUTO .000 -1
Carefull with this one. From over $3.78 a share to 11 cents. Another Lanza rip off?
John has tightened up like a clam here. .006 bid and .03 ask does not leave much flipping potential. John's greed and disregard for shareholders appears paramount. I think he will tell anyone anything they like to hear if phoned like other penny stock CEO's. Must be more shares in the OS by now...............but no one cares anymore. Mr. CEO screwed over his shareholder base. Stupid move!
Sure John made good coin for himself and the Chinese loan sharks (sharks are hungry----means DOUBLE GULP for Mr. CEO), but now his rep. has hit the skids. Changing stocks symbols (ala REVERSE SPLIT) will not erase the history or corrupted reputation Mr CEO.
The game will continue, but I will watch from the sidelines. Can't wait for the pump PR that will be the salvation of NNYR. LOL
NNYR is not the only oil penny stock that has used the religion card. NESS energy has a board and that stock is a POS in Isreal? with a performance like John's. Stay away from NESS too. No-----never put $$$$ into NESS.
Thanks Montanore. Still can't access pinksheets for the info.
I would like to call the Transfer agent to confirm the current shares outstanding. Anyone know who the TA is?
Looks good if the OS is still under 100m. GLTA
Anyone know the Shares outstanding and float? I can't get into pinksheets to dig up the info.
Pinksheets seems to stall any computer I use to access the site.
Thanx for any info
I can't wait to see the update too. Will it help the share price? It's .0044 now. We need a pump. Even a momo would get me excited about this stock again.
Puppman, that photo of the late John Candy doing the choke take summarizes the CEO's performance on this stock. One big choke take.
I know the risk in penny stocks, but I don't think us "little guys" ever had chance here. I learned a lesson and will avoid charting patterns like NNYR.
Hope you guys are doing better in your other investments. I certainly am this 2007. GLTA
Actually no. Just our fellow 3 MM's getting and creating volume until something happens.
My 100k shares are long term gains if this lifts off as hoped. Sept 30 2007 was the date all my shares became long term. I put a small amount into this from my penny winnings. About $750. Staying in this for the eternal long term.
SPOC has been beaten down and looks tempting. Can't wait until December when all the bargains start appearing. People sell for tax losses, and I get to play vulture capitalist :)
Post #1238 sums up the performance of this stock and likely future. By the time the value is there, "our investments will be rendered worthless through dilution and reverse splits."
Guess the Chinese loan sharks need their cash quicker than he thought. (Gulp! for John?)
Probably another New Years reverse split. Trying to keep the game going, hoping lure in some unsuspecting fish.
I doubt there will be any meaningful "run" for you guys to get out of this unscathed. The CEO is just too greedy and gives away free shares too easy.
He should give out shares to loyal sharesholders who got burnt with no resrictions. If he has any integrity, this would be the right thing to do to establish trust. But then, most likely he would give out some lame reason, he can't compensate shareholders for his ineptitude or incompetence. JMHO
.58 cent price target???? Better get Lebed and all pump sites in existance to get this puppy to .58. LOL.
MGRA now .065. According to pinksheets, there is a warning. One can buy NNYR, but may not be able to sell due to a lack of MM's? Buy-----but may have a problem selling? Quite a questionable little wacker you got going here Mr. CEO.
Print another 12 M shares and NNYR can tie MGRA in O/S minted shares. This way MGRA andd NNYR can have a contest on deciding the biggest racket. MGRA went down in flames in a couple months. NNYR was a slow death after the Reverse split.
No body knew the reverse was coming right? More BS.
Creede,
Not out bash anyone except the misleading CEO. In most penny stocks there is enough momo for a 2-5+ bagger and one can at least get the intial investment and ride free shares or sell out totally. John can't do jack crap enough to let us even double our inital investment------------it's nothing but all down---------an investor death trap.
John wrote in an email that patience is a virtue. Had I "waited" to sell now instead of in January, my NNYR investment would be down 99% plus. Been trading stocks since 1999 and I am too smart to fall for CEO BS. I know how to play these pennies and when to get out at first sign of BS like fluff press releases+declining stock price, and BS CEO statements. I took only a $700 loss after the REVERSE, but I don't like being mislead. Had high hopes for this one, but I would have to say the CEO actions/statements could be construed as those of a crook. It appears he does not want traders to make dough and keep every nickle to himself jmho
I've taken 100% losses in stocks like GLLK (reverse split pig). The lesson has not been lost on me. I have learned to absolutely never invest more than 3 grand into a penny. Any o/s over 100m or a reverse split pig is unlikely to make anyone real money besides flipping daily for chump change.
Stay away from the dilution bombs as these are too risky trades jmho
Instead of listening to what CEO's say, watch what the stock price does in correlation to what is said. This stock could be the next CMKX, IFTA, QBID, or TKGN.
With 140+ million newly minted shares and judging from past trading experience, this stock will either head sub penny or languish in the .01 range until the next reverse.
This stock now belongs on the STINK ihub board. Check out the second photo on the STINK board and you will know my opinion on NYRR.
This stock is headed the MGRA way----down. There is no momo in this for even the best traders. The CEO chokes down the bid faster than can even say momo. The spread is a great deterrent too.
Pinksheets is quite accurate once the site lists the new O/S. With 150 M plus shares you can bet dollars to donuts there will be another reverse split.
I did not get a response for a Joe Namoth guarantee not to reverse split, so there must be another Reverse split on the horizon. Honest, inept, or a crook......don't know.......but this PR, PR, Dilution, Reverse split pattern is reaming anyone investing in this.
Real underhanded of the CEO to tell Puppman "to sell and move on." Great advice after reverse splitting and taking Pup's cash. How about giving pup and everyone elses cash back--------won't ever happen
Fullencamp better pay off Sharp soon. Based on he price action, the company may be going into receivership. George has a good case against VYEY. Would have been cheaper to pay the ex-ceo rather than dink around in court and pay lawyers.
JMHO
No more MGRA pump, JUST dump, dump, dump..........down 44.44% to one thin dime .10. Only way that stock will see .58 is if they pull a Reverse split. I'm sure SOMEONE could supervise the CEO of MGRA on the art of reverse splitting.
Just get the money and run. If a few "investors" get burned, it's like the "oh well attitude." Penny stock CEO's need to know that the internet never forgets.
I don't buy that online trading frap as to why this stock languishes in the 2 cent range. The bid and ask are miles apart. No one is going to buy this with that kind of spread. This is how PXCN used to trade back in 2005 and those guys pulled 2 reverses to the new symbol TKGN.
Is another reverse on the table for NNYR in the future? This company needs a Joe Namoth type guarantee that there will be no further reverses in the future. JMHO
Did tom give the outstanding shares and float numbers for TSRR?
There used to be a lot of other posters posting about 1 year back or so. But the Reverse split killed the momemtum and left many ex-shareholders disenchanted. No one likes to lose money to an RS and have the PPS go back to .05 cents post split.
thanx for any information you can post. The information from pinksheets is outdated.
Yes. It appears the MM's did a "short covering?" The bid and still stayed at .002 x .03 after that 115k trade
I am staying in this with my 100k shares for the very long haul. No reason to sell
Wonder if those Canadian guys have bought this "shell" from the LBPE guys in New York from the pinks sheets info? Could explain the erratic rtading activity.
watchlist EOM
Agreed, but you have to play these otcbb/pinkys in the manner investwise recommended IMHO. Nothing but crappy hot air PR's and that is when I sold all 200k shares held.
The slew of fluff PR's confirmed there is nothing noteworthy going on. Sort of reminds me of those UPDA Pr's.
This will go sub 10 cents this week. Watch. Any takers?