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I believe Sept. 3rd was supposedly the day saratovneftegeofizika shareholders we're supposed to meet to discuss the benefits of merging with NWOG, If I remember right.
Anyone have anymore info on this.... If it actually took place?
If this is accurate, I guess its possible they are using a private placement to wrapping up the acquisition of SaratovatraneopyanierenterazerKazaNefteGefrungnaomutraitafizilaka.
Maybe a last minute thing to seal the deal? I still have my doubts.
I'll believe it when it happens.
I was thinking the same thing.
It could of kept going down to .01 or subpenny, but it didn't.
Somewhere people are still interested.
If they were (Dword)ing, have we even had the volume for the OS to increase that much. Or are we looking at private placements?
.028 right now at 11:51
Someone sold off a huge amount of shares. We went from 200k in volume to just under 4mil, in under ten minutes.
We hit .020 then recovered, back at .028
Someone panicked and dumped a lot. We're recovering now.
sasquatch, is that you selling off everything?
Seeing some big blocks, 600k & 700k worth. Taking out all levels of the bid. You said you had a few million shares, thats why I ask.
We just went from 200k in volume to 3.8mil in under 10 minutes
Recovering quickly though.
someone panicked, sold all at the bid
Now we're sitting at a new low.
Thanks, whoever it was
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NOT
were is it?
ran out of sellers, just like I said.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22070144
that will always happen though.
Thats what they get for panicking, they lost there shares.
.039 taken out ask is now .04
How do you know? Did they tell you in a call?
Did they say what the news might be about.
better an inch than a foot...
someone selling big blocks today
sudden surge of volume. Bunch of big blocks...
Party, you still Unloading
Who's the lead -er of this stock lost cash for you and me?
M-A-L--Y-S-H--E-----V
Just kidding, We closed down almost 2%... if the panic stops it may recover some.
http://stockcharts.com/c-sc/sc?s=NWOG&p=D&b=5&g=0&i=t86232710725&r=8341
Outside the lower band on BB. Either the price is going to correct itself to within the bands or, the band will adjust down to the price.
We're oversold on both the RSI & Full Sto... look at past trends on that chart where we've been oversold, & where it corrected. Same with BBs.
When everyone just tries selling this at the bid its going to continue to drive the price down. As the best bid prices are taken out the bid will keep dropping to next highest, & as selling at the bid continues it will drop to the next highest...& so on.... thats whats happening right now. Everyone is getting scared & using market orders or selling at the bid with limit orders & jumping on the band wagon.
Eventually we're going to run out of sellers & this will reverse (when buyers are desperate to have the stock & buy at the ask).... I saw this a little bid towards the end of the day, today..
The opposite happens when people keep buying at the ask, & taking out the lowest ask price....as the different ask prices are taken out they move to the next highest, & so on. Thats what we need right now... to get it we need good news & the selling at the bid to stop.
i picked up some more of this today.
As long as the dumping doesn't continue,we might be alright. (if party did indeed sell 6mill).
We are outside the lower band on BB, oversold on RSI, FSTo
Time will only tell....Waiting to hear news on the acquisition of Saratovonkaknuqfundaxondonplosebulinaeinegeofizika
on the verge of being subpenny...
please tell me you guys sold!!
Your right it is. IMO, thats fueling the downtrend into the .03s right now. people are reading rumors on here & interpreting them as insider info I guess,.... not checking them out. Seems like more people are willing to sell when the bad rumors start flying. It has show before that rumors on this board do affect the stock price sometimes.
Someone mentioned RS may help the company. But thats means crucifixions for us shareholders
Wouldn't let me edit, so I'll add
"I remember when they first reissued this under the symbol DHPIQ it was around .10-.15 in march last year .. Was going to buy some, but wanted to watch it....It got buried in my watch list & I hadn't checked it.... looked at it a few months later it was $4 & change.... Doh...
This may be an interesting one, if they come out of bankruptcy & reissue new stock, this one is worthless. As it gets closer to coming out of bankruptcy this thing's will keep depreciating, because in the end it will be worth nothing.
This has been steadily declining since last month when they announced these deals. Makes me wonder if it will continue down near .10-.20 where it started, as investors get more nervous about getting caught with their pants down.
At least thats how it seems. I may be interpreting wrong, Some of the companies plans with the stock are difficult to understand....
Looks like they plan on emerging from bankruptcy by years end.
http://www.marketwatch.com/news/story/delphi-narrows-loss-diversifies-customer/story.aspx?guid=%7BC3....
http://www.nytimes.com/2007/08/07/business/07delphi.html?ex=1272859200&en=8463b396a182219d&e....
http://www.marketwatch.com/enf/nytimes.asp?guid=%7BB37EDEE2-8822-4B07-8A2D-552CCA1428FC%7D&link=....
Im still keeping my eye on it"
I remember when they first reissued this under the symbol DHPIQ it was around .10-.15 in march last year .. Was going to buy some, but wanted to watch it....It got buried in my watch list & I hadn't checked it.... looked at it a few months later it was $4 & change.... Doh...
This may be an interesting one, if they come out of bankruptcy & reissue new stock, this one is worthless. As it gets closer to coming out of bankruptcy this thing's will keep depreciating, because in the end it will be worth nothing.
This has been steadily declining since last month when they announced these deals. Makes me wonder if it will continue down near .10-.20 where it started, as investors get more nervous about getting caught with their pants down.
Looks like they plan on emerging from bankruptcy by years end.
http://www.marketwatch.com/news/story/delphi-narrows-loss-diversifies-customer/story.aspx?guid=%7BC3....
http://www.nytimes.com/2007/08/07/business/07delphi.html?ex=1272859200&en=8463b396a182219d&e....
http://www.marketwatch.com/enf/nytimes.asp?guid=%7BB37EDEE2-8822-4B07-8A2D-552CCA1428FC%7D&link=....
Im still keeping my eye on it
.......I've lost my as$ on every R$ on OTC & Pinks.
I don't know of many that haven't tanked after an R$
I doubt this would be any different. Especially for all the people that are looking for reasons to hate this company.
I've been fallowing it for over a year too, many people have..
nobody knows everything about it
"maybe some people want to keep the price down and make big profits... will see"
Dont kid yourself on that one. People have been saying that since day 2 with this stock.
Hell I here that on every stock board for stocks that are performing poorly.
u 0.0161 565,035 OTO 16:14:37
t 0.0162 565,035 OTO 16:10:56
weird
bid moved up to .051 ....ask is .053
Whos gonna be first to bite
He's tried mutiple times with the stock buyback, this GE deal, new acquisitions etc.
market hasn't responded to his BS in months.
Pinny is trying this uplisting game now.
I dont think the market took it very well. No one is on the bid.... its at 0
.054 +.003 5.88% in the green
Vol, 3,020,657
Now lets fallow through with these early august promises
I miss happy hour... Hopefully it will return again soon.
Hell with some good news, who knows, every hour might be happy hour for a day or so
Abnormally Low volume...
Stalemate on Level2. Plenty of orders, just nothing happening.
OK here's some healthy discuss/questions for you & well pilgrim. See if you can find answers them. Since I've owned this stock I've contacted Pilgrim several times asking similar questions & I either get no response or a reply only answering irrelevant questions that I didn't ask, & avoiding the mains ones.
What are the current production numbers? Why wont they release them, what is the big secret?
How can General Energy (which pilgrim claimed to be a subsidiary a year ago) suddenly be worth tens of millions of dollars, in which "stock" we received as this LOI, for purchasing of pilgrims working interest? Why has Pilgrim claimed GEC is based out of Dallas, then Holiday Texas? But if you look at the TX RRC website, GEC has the same contact information as Pilgrim. Why is the contact information for the 'General Energy" Pilgrim has been working with the Same as Pilgrims?
What is Pilgrim going to do about the $6m in accrued liabilities from this deal with General Energy?
What happened to Daniels well service Pilgrim acquired last year? It disappeared, no one could find information about it then, no one could find information about it now.
What ever happened to the plans for the audited financial? & up listing to the TSX, & OCT BB?
How would pilgrim complete the $1.5mil stock buyback when they didn't have the money at the time?
How did pilgrim have Leases on the properties last year, but now they are claiming they own them & were selling them this year? Did they buy them? how would they get the $? not listed on the balance sheet.
Why have selective PRs mysteriously disappeared from the records over the past year?
I could go on but there are more questions than answers. Almost nothing can be proven.
Wow, You need to go back to grade school & refresh your reading comprehension skills. You really need it.
E-thug throwing all these big words around, it seems that you dont know what they mean.
I lost and moved on, where did I freak out? You seem to be holding on with this hope that magically this stock will make a big move. I dont know why you sympathized with me, worry about yourself. You must be one of the suckers who sunk all their capital into this buying in on some BS PR, & lost big. Afraid to sell & move on which make your keep trying to bring this back up.
You post these fairytales & excuses as to why things are the way they are, but your only kidding yourself. Your posts (all of them, which are only on this board) reflect that. I dont attempt you make you sound optimistic. You do that yourself, look at your own posts. & you are only fooling yourself.
I posted a link to the definition of a shell company, which could be what this thing is. You venting in your frustration blew it entirely out of proportion claiming Im accusing them of all this & that without proof.
Regardless, the stock market Does Not give companies, especially this one, the benefit of the doubt. The situation this company is in & the way it is going at the moment, it would take much more to prove that it isnt.
Please read this message fully before replying. (repeat as necessary until you fully comprehend it).
http://stockcharts.com/c-sc/sc?s=FCSE&p=D&b=8&g=0&i=t30104593849&a=96377503
Signs of a Rev. head & shoulders. Is this bottom??
we shall see.
I was going to pick some more of this up a while ago when it dipped into the .20s... but ended up putting it in another stock. Doh
LOL, where do you see "blatant ranting and raving", Genius. I posted a link, possible explaination of this company. The Stock market doesn't give companies the Benefit of the doubt.
Why dont you ask Pinny about production numbers? or for contact information for GEC? how about the audited financials & what they plan to do about the 6 million in accrued liabilities from this deal with the Phantom Company, General Energy. Who coincidentally has the same contact information as Pilgrim, & who pilgrim claimed was one of their subsidiaries barely a year ago. Not to mention all the BS PRs about getting their financials audited, stock buybacks, other exchange listings, etc.
They have PRed nearly everything in the book to get the stock price up & have not been able to do so
You must be in denial. Keep watching your portfolios value go down the drain, & enjoy.
.....
its not even $150 share blocks printing those numbers....
0.025 388 OTO 11:42:16
0.018 4780 OTO 11:35:43
0.018 100000 OTO 11:34:38
0.019 100000 OTO 11:34:33
0.018 100000 OTO 11:34:01
0.019 100000 OTO 11:33:50
0.019 900 OTO 11:33:39
0.018 10000 OTO 11:12:45
0.019 10000 OTO 11:12:45
0.017 50000 OTO 11:12:45
0.0181 10000 OTO 11:12:45
0.018 2000 OTO 11:07:59
0.02 21000 OTO 11:07:59
0.02 432 OTO 11:06:32
0.018 1500 OTO 10:36:52
0.02 5000 OTO 10:36:52
0.017 50000 OTO 10:09:11
0.025 5080 OTO 09:32:25
0.025 1080 OTO 09:32:25
All pinks say that. LMAO.
& they all say they will get their Financials audited (NWOG is an exception),
& they all have all these wonderful plans. Not many of them ever fallow through.
NWOG did come through with the audited finacnials, lets see if they can come through with the other things.
Last trade on my screen was at 15:54, 3,000 shares @ .0635.
Prev. close was .058
Close up
.0635 +.0055 +9.48%
Vol. 1.6mil
Most trades were going through at the ask
http://stockcharts.com/h-sc/ui?s=nwog&p=D&b=5&g=0&id=p17640479423&a=96377503
bouncing off the lower band.
Meaty news please.