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Lunch time...I think we see an afternoon run.
IMHO..
Can't buy online..with Eturd?
EBLC exploding!!!! Check it out!
KABOOOOOOOOOOOOOOOOOOOOOOOOM!!!!!!!!!!!!
I am hoping .03s!!!!!!!!!!!!!!
IMHO...but I know nothing!
EBLC headed UPPPPPPPPPPPPPPPPPP!
Thanks for the tip guys!
EBLC running with big news.
KABOOM!!!!!!!!!!
I hope your right..
I'm with you got in a couple days ago...a nice PR and we should see some nice upward movement.
Anyone think this has any chance of ever getting back above .01? Or are we just playing for a nice percentage gain?
Post of the year...so far on this dog of a stock!
Try the biggest scam stock IMHO of them all SMMW (Summus Works) you can buy all you want at .0001 or course you'll never be able to sell it...so I wouldn't recommend it!
I got in on CHNW today @ .0002 after having an order in all day Friday, it filled this afternoon.
Hopefully, we can get back in the .0003s.
No haven't heard a word.
I had orders in all day at .02 with no fills. So you are correct, there is alot of support.
If it drops below .02 I'll by buying again. Even if its .0199!!!!!!!!!
Been waiting for a pullback to get in. I'm in now and ready to move up!
I think he was asking about American firms that you can invest with.
As for Warka Bank..yes they will invest your money in the stock market.
But its not under your name...and technically (while I am not an attorney)...most likely not legal under Iraqi Law. Warka might get away with doing it...but they might not.
But if people want to take a flyer...its available.
(Just my Unedumacated Opinion!)
Not sure. Although if the system is electonic...you would think they would eventually be hooked up internationally just like any other Financial Market.
At first though I'm sure its brokers like Aman Financial that will take the bulk of the orders.
My guess is that brokers in Kuwait will be right behind.
If I find out anymore, I'll let you know.
Iraqi Dinar to rise vs dollar....
http://www.iraqdirectory.com/DisplayNews.aspx?id=2947
Nice Site for DD.
This is a great site to do DD on all the companies on the ISX. Although it isn't always updated on a regular basis.
Still it will give you a nice feel for the market.
http://www.isx-data.com/
Old article (but nice background info).
http://www.iraqdirectory.com/DisplayNews.aspx?id=562
Here is an investment company for the ISX.
Please do not contact them now as they are unable to open accounts for foreigners.
However, as we get closer, keep them in mind.
If anyone has other brokers, please feel free to post.
I am not recommending them, but they are the only reputable broker I know at the moment.
http://isx-aman.com/
No problem. I'll post articles here as I come across them.
No problem with the question.
As of now foreigners CANNOT invest in the Iraqi Stock Exchange.
However, the stock exchange is scheduled to open in April of 2007 to foreign investors.
This board is being setup to try and educate investors about the various stocks in Iraq and keep them up-to-date on their movements until the market opens.
There is one loophole for getting into the market. That is to setup an Iraqi Corporation and have that Corporation invest in the market. But you must have an Attorney in Iraq to set up the corp. and an Iraqi national must own at least 5%.
But with the market scheduled to open soon...I don't think I'd go to this expense or trouble. I would just watch the market and try to get information on the stocks prior to purchasing.
Here is the problem with them not answering my email.
I didn't post it before because I wanted to give them additional time to respond...which they have not.
As you have seen from the website they have an oil equipment sales division.
I emailed them that I had a possible contact to do some business. I sent it not once but twice with no response.
It seems if you are in the business of making money...you would at least respond??????????
What I wanted to do with this board is concentrate on the various stocks that will be traded when the ISX opens.
For now I think we should start with the banks as they will see the largest growth explosion.
For instance, Credit Bank of Iraq, and Dar El Salaam Bank both announced partnerships with foreign banks.
When these partnerships were announced the banks stocks went from approx 7 dinar a share to 80 dinar in 1 day.
Since then they have had several splits.
Credit Bank for instance this January is paying a 1 for 1 dividend. For every share you own...they give you an additional share free! (Nice Dividend).
I believe that several banks will have parnterships once the Foreign Investment Law goes into affect....(1st quarter of this year).
IMHO there is a boatload of money to be made for those willing to take risks.
Thanks man...
and yes the rate has dropped to 1315 now. So it continues to look like a great investment.
As long as they get security straightened out.
I'll tell you this...in the past they have been very good about responding.
But the last two weeks I have sent a couple of emails...with NO response.
Makes you wonder.
Although the volume is still quite low...its not like there is massive dumping.
Daytraders...jumping out...
It will rebound in the afternoon when the serious players come to the table.
Well...the meters have been spinning for a month on at least 5 of the wells. I'm ready for a PR with the results!
Oklahoma City, Oklahoma, December 5, 2006; Newswire – Bedford Energy, Inc. (OTC “BFDE”) (Cusip 076110 105) – Bedford Energy, Inc. is proud to announce that despite the inclement weather of the past week, it has successfully placed into production all four of it’s Chandler, Oklahoma oil and gas wells: Grace #1, Grace #3, Grace #5, and Grace #6. Bedford’s Warren 1-14 well in Hughes County, Oklahoma, continues in production since late last week.
Production results will be released in the near future when available.
Nice volume but still we go down???? And no PR regarding numbers as promised...we shall see what tomorrow brings.
New PR is out...not what I wanted to see though...I had hoped for a PR on the wells that are now pumping. That is what I was led to expect last week. So maybe there is another PR to follow...don't know.
BEDFORD’S ‘GRACE #2’ REACHES TD
Oklahoma City, Oklahoma, December 27, 2006; Newswire – Bedford Energy, Inc. (OTC “BFDE”) (Cusip 076110 105) – Bedford Energy, Inc. announces that drilling has stopped at its Grace #2 well site in East Chandler, OK at a depth of 4,923 feet through the Hunton formation. Completion has already begun and it is scheduled to finish by year’s end. Excellent shows were observed in a number of formations
Grace #2 is the final well of the five-well Grace Drilling Program.
I think we will get good solid numbers. I just wish they would release the numbers on all the wells. Not one at a time.
But hey...good things come to those who wait! (At least I hope!).
I tried for a long time at .51 with no fills.
Still hanging out there waiting, and waiting, and waiting.
Did they get the 10K filed? Or do they have until midnight? Anyone heard from the CEO?
Questions and more questions!
Just heard from Bedford...
news is on the way before the end of next week.
I emailed yesterday but haven't heard...did you hear something from Bedford about a PR today?
Generally, we do get a PR...but its in the AM.
Yes that and no reply from the CEO are causes for concern.
I expect a PR either today (Wed) or tomorrow (Thurs). I would be very disappointed if we don't get one. I think as you said we should get a report on at least one well...maybe even all...that would be much better!
I have noticed in the past that after a shake like today...it takes off.
Wouldn't be suprised to see a run in the next day or two.
I could be dead wrong. Just remember a few times this summer when it tanked and I felt sick for not selling...I woke up the next morning to a runner and was glad I held on.
Just my opinion.
Any thoughts on BFDE....
with oil revenues to be released soon, I think it should be a nice stock for the next 2 months.