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BIGN BIOGENERICS LTD OTC
Trade Research Add to Watch List Detailed Quote Real-Time Quote(login)
Quotes are delayed at least 20 minutes and are reflected as composite quotes.
Last [Tick] 0.0145[ + ]
Change 0.0010
% Change 7.41%
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0130
Volume 330,322
Day High 0.0145
Day Low 0.0130
Previous Close 0.0135
Prev. Close Date 12/12/2006
some of these
companies make more selling paper.
petty income
I make almost as much as they do?
Petroleum Enhancement Technologies
P.E.T will be the new name?
Was this changed
to 10% for long term gains?
.....c
Twelve
.....n
.....t
.....s
coming soon!
Big PR
cuming soon.
THANK YOU,
REVEREND
High oil and gas prices
will be here forever.
SAN FRANCISCO (MarketWatch) -- Members of the Organization of the Petroleum Exporting Countries will meet next week and they appear ready to set a floor for prices amid worries of weakening demand from a slowing U.S. economy.
Officials from the cartel have voiced support for a production cut, just two months after 10 of its 11 members agreed to cut output by 1.2 million barrels a day.
What's surprising to many experts is that OPEC is planning to cut output at a time when overall demand for oil is growing.
OPEC is 'finding that demand has not been destroyed at these [price] levels, so they think the world can afford it.'
— Phil Flynn, Alaron Trading
While OPEC may be seeking a higher target for oil prices, the trick will be to balance oil at a price that doesn't destroy demand.
A decision for a reduction in output would probably come "mainly because [members] are worried about building inventories," said Phil Flynn, a senior analyst at Alaron Trading in Chicago.
But OPEC is "finding that demand has not been destroyed at these [price] levels, so they think the world can afford it," he said.
OPEC members, excluding Iraq, agreed at a meeting in October to reduce production to 26.3 million barrels a day, starting Nov. 1, from output levels of around 27.5 million barrels.
Last week, OPEC President Edmund Daukoru said the group may decide to cut production by an additional 500,000 barrels a day when it meets Dec. 14 in Nigeria.
"Right now, a half a million barrel-per-day cut is the odds on favorite outcome -- and that number is in the name of 'market stability'," said Edward O'Connor, president of energy-trading and brokerage-services provider Optionable Inc. (OPBLoptionable inc com
U.S. demand for petroleum products rose 1.7% over the last four-week period, compared with a year ago. Gasoline demand rose 1.6% and distillate-fuel demand rose 6.6%, according to Energy Department data for the week ended Nov. 24.
And the International Energy Agency has said global demand for oil products will grow by 1.1% this year, compared with last
year.
Global demand is growing so "the real reason for the OPEC-cut talk is to keep prices as high as possible without jeopardizing throwing the global economy into a recession and tripping the inflation figures," said John Person, president of National Futures Advisory Service.
O'Connor said the IEA's data show "pretty flat demand" for the second and third quarter of 2007, while third-quarter oil inventories this year climbed.
"Even if OPEC underestimates demand, the perception is that the delicate balance of global growth is not jeopardized by crude prices in the $60s and maybe even in the $70s," he said.
If higher prices do end up stifling growth, "Saudi Arabia will act as the swing producer and let some extra production into the marketplace," he said.
For now, that's unlikely, with prices for the front-month crude futures contract losing 20% from their peak in mid-July, to close Thursday at $62.49.
Influencing price
A 2006 Atlantic hurricane season that was much quieter than expected was key to the price decline, as was steady oil production in the Mideast. See a related Commodities Corner.
However, economic data point to a slowdown in the U.S. economy and have hit the dollar hard, pushing it to a 20-month low against the euro, and a 14-year low against the British pound last week.
OPEC is worried about the drop in the value of the dollar, which makes the dollar-denominated oil price appear lower to the oil producers, said Flynn.
The value of the dollar has seen a sharp drop since the end of August, said Rakesh Shankar, an economist at Moody's Economy.com. "This is eroding the purchasing power of OPEC member countries in Asia, where the value of the dollar has fallen by higher than it has versus the euro."
The decline in purchasing power is "just one more reason why OPEC members will support a higher dollar price for oil," said Shankar.
He said the cartel will cut production by about 1 million barrels a day because the members' decision will be "more about shoring up OPEC credibility," than "shoring up the oil price."
'The only thing between [OPEC member's] public statements and a new $70 target price is that they are no yet convinced the market will support that high of a price.'
— Charles Perry, Perry Management
OPEC will be looking to target inventory levels to make sure supplies don't get too high, instead of targeting price, which is driven by "too many speculative forces," said Shankar.
Still, OPEC appears to be happy with $60 oil and there has been "dissension in the ranks, from Kuwait and Algeria, saying [that] at $63, oil prices are high enough," he said.
Flynn said the cartel wants to "defend $60 a barrel as a floor" for prices.
James Williams, an economist at WTRG Economics, said OPEC is probably aiming for $57 or $60 for crude prices, with its price target for the OPEC basket of 11 types of crude oils likely at $50.
Big burden
Either way, OPEC has a hefty burden to carry.
"Prices have stabilized in response to their last cut, but the organization worries that inventories will move higher without another cut," said Michael Lynch, president of Strategic Energy & Economic Research.
Then again, "cutting production when prices are so high will be wildly unpopular with the consuming nations," Lynch said.
In short, "OPEC is looking to capture as much money from oil and balance a potential for the bottom falling from under current prices due to macro-economic forces," said National Futures' Person.
"The balance is [for OPEC members] to find the best price possible that the market can handle without becoming their own worst enemy," he said. And the $57 to $65 range "seems to be something the world is comfortable with."
Still, "the only thing between [OPEC members'] public statements and a new $70 target price is that they are not yet convinced the market will support that high of a price," said Charles Perry, chairman of energy-consulting firm Perry Management.
And an
autographed KISS album.
I will give you
^100 Dinar for them and a stack of playboys.
If the ones that accumulatated massive amounts of shares do not have any faith in BIGN management, then some selling will happen if / when the LOI PR is released.
It may take time to get the PPS moving as long as they
prove they not only can set some goals but actualy meet them.
Then we will have some true long term stockholders and reward them for holding longterm with a nice dividend?
Once they prove this the PPS will begin to blossom.
come on BIGN !!!!!!!!
give us a sign that things are moving in the right direction.
Show us how management can get things done.
everyone must have noticed all the chatter
on this board yesterday that why the volume is higher today.
Everyone is speculating that the big news is around the corner.
We should all use all our post up everyday if thats what it takes to get some volume?
I think your wording
may be close too "you will not be disappointed"
they did send out an email to lots of people a few days before
'A PR WILL BE COMING OUT SOON"
looks like it gave the shorters a chance to load up and dump
when a PR came out. Lots of liqiudity on the day of the PR-
good to get out I guess
your statements may be
more misleading every week now with:
"PR is on its way, we will all be rich"
What if...nevermind
my prediction is
the PR will come 011607 at 4PM
The pump never stops
if it was not for the pumping here we would be below a half cent.
"Bign getting bigger everyday"
MORE SHARES?
News around the corner ?
I think we are in a round room?
Here some unrelated news on all the illegals
Thursday, December 7, 2006
Patrick to review Romney trooper policy
By Andrea Estes
Globe Staff
Incoming Governor Deval Patrick this morning said he may revoke Governor Mitt Romney's plan to have state troopers arrest illegal immigrants.
“I still think it’s a bad idea, and I’m going to get briefed by the secretary of public safety on exactly what the agreement is and what the guidelines are, and then I’m going to be looking at my power and my opportunities to fix what I think is broken,” Patrick said at a news conference this morning to introduce Leslie Kirwan as his top budget aide.
When asked by a Globe reporter if he would revoke the Romney policy, Patrick responded, “I’m saying wait and see. I’m going to investigate what power I have.”
Patrick has previously expressed skepticism about the Romney plan.
On Sunday, the Globe reported that Romney has reached an agreement with federal authorities that allows the Massachusetts State Police to arrest immigrants who are in the state illegally.
Currently, state troopers have no power to detain people for violations of their immigration status alone, said the spokesman, Eric Fehrnstrom. If troopers stop people who they suspect are illegal immigrants, they can call a US Immigration and Customs Enforcement office in Vermont to check on their status and detain them if federal officials request it, he said.
Under the deal, brokered after months of negotiations, troopers can detain people they determine are illegal immigrants during regular police duties, Fehrnstrom said. This authority will be given to two dozen or three dozen troopers who undergo 4 1/2 weeks of training in immigration laws, civil rights, and ways to avoid racial profiling, he said. The troopers will probably be members of special units that pursue violent fugitives or combat street gangs.
lowwwww volume
BIGN BIOGENERICS LTD OTC
Trade Research Add to Watch List Detailed Quote Real-Time Quote(login)
Quotes are delayed at least 20 minutes and are reflected as composite quotes.
Last [Tick] 0.0110[ - ]
Change -0.0020
% Change -15.38%
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0111
Volume 154,700
Day High 0.0130
Day Low 0.0100
Previous Close 0.0130
Prev. Close Date 12/07/2006
FUTURES MOVERS
Natural-gas futures fall to a 10-week low
Crude futures edge up as traders await next week's OPEC meeting
By Myra P. Saefong, MarketWatch
Last Update: 12:33 PM ET Dec 7, 2006
SAN FRANCISCO (MarketWatch) -- Natural-gas futures fell to their lowest level in 10 weeks Thursday after a government report showed that supplies of the fuel fell generally within market expectations, but overall inventories remained more than 7% above that of a year ago.
January natural-gas futures were down 10.7 cents to $7.62 per million British thermal units on the New York Mercantile Exchange after a low of $7.57, the contract's weakest intraday level since Sept. 28.
On Wednesday, the price fell to a low of $7.60, but recovered to post a gain and halt a four-session losing streak.
Natural-gas inventories fell 11 billion cubic feet for the week ended Dec. 1, the Energy Department reported Thursday.
Global Insight was looking for a bigger decline of 25 billion. But Analysts at Strategic Energy & Economic Research expected the report to show a decline of 8 billion cubic feet.
The data compares with a fall of 58 billion last year and a five-year average decline of 63 billion, according to SEER.
"This is a very light draw from storage for this time of year, and is a direct reflection of how light weather-driven demand has been this fall and early winter," said Ben Smith, a managing partner at First Enercast Financial.
"At least the reduction in natural-gas price this week shows the market is finally responding to all this warm weather we've experienced over the past month," he said, noting that "even this last winter storm that swept the Midwest was quick and is again being replaced with warmer than average temperatures."
Total stocks now stand at 3.406 trillion cubic feet, up 232 billion cubic feet from the year-ago level, and 282 billion cubic feet above the five-year average, the government data said.
"The only support for gas is the anticipation for next weeks' numbers, which should be more normal because of the cold front that moved through the U.S," said James Williams, an economist at WTRG Economics.
But "weather forecasts for the next few weeks are for warmer-than-normal temperatures, which should feed a generally bearish sentiment," he said.
does not make sense
to bash if the stock price is moving only in one direction, this does not help the shorters
a raibow will be appearing
or the sound of a flushing toilet
you can only pump so long
then your handle falls off.
I got a bad feeling about this
Investors are losing confidence and selling. maybe this is the start of year end tax loss selling?
MM's again
LOOKS LIKE ONE SELL ORDER
took it down 23%
BIGN BIOGENERICS LTD OTC
Trade Research Add to Watch List Detailed Quote Real-Time Quote(login)
Quotes are delayed at least 20 minutes and are reflected as composite quotes.
Last [Tick] 0.0100[ - ]
Change -0.0030
% Change -23.08%
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0111
Volume 4,000
Day High 0.0111
Day Low 0.0100
Previous Close 0.0130
Prev. Close Date 12/07/2006
I hope you see
10 gas wells up and running?
twenty cents coming soon...
Flatulence forces plane to land
December 6, 2006
NASHVILLE, Tenn. --An American Airlines flight was forced to make an emergency landing Monday morning after a passenger lit a match to disguise the scent of flatulence, authorities said.
The Dallas-bound flight was diverted to Nashville after several passengers reported smelling burning sulfur from the matches, said Lynne Lowrance, spokeswoman for the Nashville International Airport Authority. All 99 passengers and five crew members were taken off and screened while the plane was searched and luggage was screened.
The FBI questioned a passenger who admitted she struck the matches in an attempt to conceal a "body odor," Lowrance said. She had an unspecified medical condition, authorities said.
"It's humorous in a way but you feel sorry for the individual, as well," she said. "It's unusual that someone would go to those measures to cover it up."
The flight took off again, but the woman was not allowed back on the plane. The woman, who was not identified, was not charged in the incident.
instead of a pot of gold
it could be a pile of paper.
will it be worth anything ?
Do not forget
salaries have not been approved by the BOD.
this means 3-5 million can get eaten up quickly once
they start rewarding the employees, including the BOD?
The overhead for all the wells
plus initial drilling cost is most likely over 5 million.
That means with just those few wells they are breaking even?
It is all balanced by a ball point pen right now.
I did add a few shares on today.
I think this is a 40-60 % shot of success.
if it does come together it will be 12-25 cents in a few months.