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I wouldn't count on it.
Well Tom, I hope to the high heavens that Malyshev and NWOL can pull itself out of this pink quicksand. Many of us have waited a LONG time. Hopefully it will not do the characteristic postponement to oblivion only to announce another event in the coming month(s). Don't want to sound cynical, but these clowns have led us down too many primrose paths only to end at a manure pile.
If I had to choose a word for it, it would be NEVER. They hopefully won't pull that crap again.
Not to be overly negative, but at the rate this thing is going, by October it will be down to 5 or 6 cents. Seems pretty unlikely that it will go from 5 or even 15 cents to 5 or 10 dollars. Not that I wouldn't love it, but pretty sure it won't. And I wouldn't put any credence in anything that is on their website.
WOW! We really set the board on fire today. 0 shares traded.
I think I'm in the "angry" phase. There's still hope somewhere in the far reaches though.
Goooooooooooooooooooooo NWOL!!! Down to .20 I see. I'm beginning to think that this Sinopec deal is just another line of Sinocrap. Looks like it going the same way as the GAAP audit. All talk and no reality. Take it all the way down to .0001 if you want, Malyshev. You'll never, repeat never get my shares back. This is one "american pig" your stuck with.
R.I.P NWOL.
Reminds me more of a Staples commercial with Malyshev pushing the "Easy" button. I guess it was easy for him. Never ever deliver on anything, take the money and build the profitable portion of the company that we get no share of, collapse the share structure to basically nothing yet still maintain a perceived value of around 25 to 30 cents and keep the investors hopeful and guessing = NWOL. "That was easy!"
I think the bafoonery that these russian coneheads have pulled on us have turned many of us into bi-polar stock holders. A lot of us seem to run hot and then cold on enthusiasm here lately. I personally think the company has just turned it's back on us and has no intention ever again to try and make the public portion work. I don't believe they have the talent, money or human resources to achieve success. Just my opinion.
I guess it's as valid as any other. Seems like the unfortunate reality is that there is very little hope left for this limping little stock. It's current price is actually artificial. With the original share count, this would right now be worth .0027 cent. An almost laughable price to say the least. Seems to me that management has pretty much abandoned the public version of this company and is concentrating on feathering his private company nest. I think we're going to be witnessing the final death spiral for this tortured stock. I don't think anyone is going to bite at the Sinopec deal of which we have heard absolutley nothing more about either.
My observation has been in the past that the slats get kicked out of the bottom of those gains sometime just before market closing. Let's see what happens today.
I wouldn't get your hopes too high Tommer. I'm sure they know what's going on. They're acting disturbingly similar to other controversial russian stocks that I have been keeping an eye on as well.
Seems to me that if they have pulled the one thing that everyone involved with this stock has been waiting for, then the game is finally over. Surely they have to realize that.
If that's true, then it looks like they've done it do us again
All of which except for # 3 are unacceptable.
Many of us are in the same shoes you are in. If they do not demonstrate good faith very quickly, their fate will be determined for them with our without their approval. Most here are very frustrated that the one thing that will give them credibilty has not been produced. And not a single word from them as if they have no responsibility what so ever to their shareholders.
Unless (in the unlikely event) that we hear something today, It's my opinion there will be no audit. For over two years now I have been held captive by these people with one hollow promise after another. I'm afraid that this audit is going to be one more of these promises that fade into oblivion. I think the only reason I hold on to these shares at this point is to spite those arrogant russians. Who knows, maybe George Jefferson has been right all along. Maybe George is actually Ernest Malyshev :)
I expected that we would at least be told a date today as to when the GAAP would be published. As ususal, nothing. To me this only means one thing. We will most likely not see any audit this month. It shouldn't surprise me, it's typical of this "company" and it's "management". Hopefully I will be surprised by them.
"The trend - which is our friend - has been great of late. I also believe the increase in volume and price is indicative of something good happening "sooner rather than later."
And what would account for today's price movement? Something happening later than sooner?
They like to keep you guessing. Problem is, no matter what the theory, nothing ever comes of it. All the speculation past and present always leads to a dead end. We'll see if the trend continues.
And it ain't the stock price.
"not pumping, fact! Next week will be a hallmark week "
Well??
I know. I probably was more enthusiastic last week :) Like so many of we "long timers" we ride the NWOL roller coster of emotions here. This week, I think I'm mad at them!
I see no reason for excitement yet. So we gain almost 24% so far on less than $200.00 in volume. I think you know how fast that can be wiped out. If they really did have an audit done, they better start talking about it again. It is the single last thread of hope this company has of ever seeing the light of day again. And this audit better be of investor quality and not the half baked crap they tried to pass as an audit in the past. No more PRs of dreams and memoradums of understandings. Facts and figures and the documentation to prove it. NWOL has a very small window of opportunity left. Given their past performances, I'm really thinking they're going to blow it again and probably for the last time. For me it will almost be a relief to see this thing finally make itself extinct. But I'll also say that they will never get me to sell off my shares in frustration. I'm now holding them just for spite.
Keep your eye on it. I'll bet that you see them adjusted downward later on today on very light, low volume trading. I hope I'm wrong, but it's been the trend since we had that little spike to .40 a couple weeks ago.
I hope you're not making that assessment from today's performance. Down Down Down we go (again).
I don't think he has any. I believe they were all sold to finance his law degree, remember?
What the heck is going on? .40?? A 100% increase??? Don't get me wrong, I wish it could be real, but I don't see how that can be sustained with no reason behind it. Oh well, it's good while it lasts.
Well a storm cloud just rolled in and rained on the .17 price. Back to .14 with only 400 shares traded.
Edit: now up to .18 with 1900 shares. Crazy!
" If I had to pick just one the biggest Malyshev’s sin, it would be not “incompetence” or “evil intent”, but arrogance. IMO. "
Wow! I'm thinking there is a vailed but very powerful message there EIK! I think I need to re-read that post a couple more times :)
I will remain cautiously optimistic, you will remain cautious. I think that sums it up. But you know I will usually "sweeten up" some of the more sour messages. :)
It makes me believe that he needs to hire (and keep hired) an investor relations crew that actually keeps up with Press Releases and follows up on them when they say they are. The CEO of the company I work for doesn't need to concern himself with that. There is a department that manages all that.
Way red, but I still kind of believe in the company. I think Maly and company were probably flim flammed worse than we were. Again, speculation on my part. He may actually be the mastermind of it all and no where near as dumb as we think
Have you begun to stategize as to how you will diminish any Audits that this company produces yet? I'm sure you will want to be prepared. Again, the question is why you continue to haunt this message board when you have claimed to rid yourself of any shares of this company. Is it still under the guise of "protecting the innocent"? There really are other venues where your negativity is much better received. And no need to respond with well wishes for all of us who are "long" but cheated by the bad guys. We've made our choice with eyes wide open. So, that said, GLTY and have a great day!
Oh well, so much for our run. Down to .10 cents.
Yeah, what's up with that? Not exactly a brisk trading day for our little oil gem here. Must be that "tape painting" thing.
I like that conclusion!
I can't seem to draw any conclusion from your post. Please explain.