is currently screening for the next POWER PLAY!
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This is by far - THE BIGGEST NO BRAINER!
Network
TerreStar is building North America's first all-IP enabled, next generation mobile communications network over an integrated satellite-terrestrial system. The network will provide universal access and tailored applications to millions of users throughout North America via mass market commercial wireless devices.
TerreStar's system will operate in two 10-Mhz blocks of contiguous spectrum in the 2 GHz band throughout the United States and Canada. The company's spectrum footprint will cover a total population of nearly 330 million. (click here for coverage map)
The company's first satellite, TerreStar-I, currently under construction by Space Systems/Loral, will be the world's largest and most powerful commercial satellite ever deployed. With an antenna almost 60 feet across, and up to 500 dynamically-configurable spot beams, TerreStar-I will surpass current satellites in terms of signal sensitivity and the number of spot beams it can generate.
The satellite's powerful antenna will enable TerreStar to deliver services over a broad range of commercially available consumer-style wireless devices utilizing existing commercial chip technology including cell phones, PDAs, laptops and legacy devices such as Land Mobile Radios (LMRs)-effectively outdating bulky and cumbersome satellite phones.
TerreStar's innovative network management techniques based on adaptations of existing cellular/PCS system technologies will enable mobile devices to transition seamlessly (bi-directionally) between terrestrial and satellite modes.
tstr @ 1.76
Looks really good. Got to go back a year ago to find resistance.
a definate buy at .09!
I say - what a weird ass chart - LOL!
You could be right - it looks like it rises and then consolidates for several weeks - looks like it is time for its rise!
TSTR could be GREAT - Launch in 9 days! Satellite cell phone service and such!
Satellite Day Trading - Made Possible here in the US by Big Board Company - Terrestar - Weeeee - LOL
http://www.terrestar.com/
Thanks - I need the luck now!
Just loaded up on GST for .368
Lost on TEC - watching that one as well!
LOL - STAA - check it out - look at the chart and the prior volume
2.05 - most shares purchased at $3
I have a large position in IFC - my position is currently down 14% - I am thinking of doubling down.
I am still holding that as well!
GFG may be heading north as well! 52 week low of .25 - not far above.
Looks like GST will rock with volume!
Hey PK - check out GST - check chart and today's news release - primed to RUN!
GST news - check out chart:
Gastar Exploration Announces Initial Production From Multi-Lateral Production Pilot in Australia
Press Release
Source: Gastar Exploration Ltd.
On Thursday June 18, 2009, 6:00 am EDT
HOUSTON, June 18 /PRNewswire-FirstCall/ -- Gastar Exploration Ltd. (NYSE Amex: GST; TSX: YGA) today announced that the aggregate rate of gas production from the Bibblewindi multi-lateral production pilots in its coal seam gas project in New South Wales, Australia has reached 250,000 standard cubic feet per day. Water production continues at approximately 3,500 to 4,000 barrels per day. Strong water flows, the precursor to strong gas flows, have confirmed the anticipated widespread fracture network and high permeability of the Bohena coal seam. Full scale dewatering from the six production wells commenced in early May 2009. It is expected that gas production rates will continue to climb over coming months as dewatering continues. Gastar holds a 35 percent working interest in the project with the balance held by its joint development operating partner, Eastern Star Gas (ASX:ESG and OTCQX: ESGLY).
J. Russell Porter, Gastar's President and Chief Executive Officer, said, "The excellent early performance of this production pilot is confirming our high expectations for the project. We believe this puts us on track to achieve our reserves upgrade targets as well as move forward to project commercialization and full-scale development.
"In addition, the multi-lateral drilling design is proving to be a success and we are now confident that we can comfortably drill laterals of over 1 km in length. We are also seeing clear pressure communication between the lateral wells, which means the spacing between the laterals can be greatly increased. We anticipate a spacing of up to 1 km will be achievable, increasing the total quantity of gas that will be produced from each well and materially reducing gas production costs.
"We are particularly pleased that gas production was immediate when dewatering of the multi-lateral pilots commenced," added Mr. Porter. "This confirms the Bohena coal seam is fully saturated and based on results we have seen so far, we expect the gas content to be approximately 15 standard cubic metres (530 standard cubic feet) per ton of coal."
About Gastar Exploration
Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America and Australia. The Company pursues a strategy combining deep natural gas exploration and development with lower risk CBM and shale resource development. The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas and Marcellus Shale play in West Virginia and Pennsylvania. Gastar's CBM activities are conducted within the Powder River Basin of Wyoming and concentrated on more than 6 million gross acres controlled by Gastar and its joint development partner in Australia's Gunnedah Basin (PEL 238, PEL 433 and PEL 434) located in New South Wales. For more information, visit our web site at www.gastar.com.
Safe Harbor Statement and Disclaimer
This news release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects", "projects", "plans", and certain of the other foregoing statements may be deemed forward-looking statements. Although Gastar believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. These include risks inherent in the drilling of natural gas and oil wells, including risks of fire, explosion, blowouts, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in the natural gas and oil drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations, risks with respect to natural gas and oil prices, a material decline in which could cause Gastar to delay or suspend planned drilling operations or reduce production levels, and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in natural gas and oil prices and other risk factors described in Gastar's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the SEC at www.sec.gov and on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
The SEC has generally permitted oil and gas companies in their filings with the SEC to disclose only proved reserves that under SEC definitions and guidelines a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. This news release discloses estimated "gas content" that the SEC's guidelines would prohibit us from including in our filings with the SEC. Estimates of gas content are preliminary, do not reflect estimates of recoverable reserves and by their nature are more speculative than estimates of proved reserves under SEC definitions and guidelines.
The NYSE Amex and Toronto Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Company Contact:
Gastar Exploration Ltd.
J. Russell Porter, Chief Executive Officer
713-739-1800 / rporter@gastar.com
Investor Relations Counsel:
Lisa Elliott / Anne Pearson
DRG&E : 713-529-6600
lelliott@drg-e.com / apearson@drg-e.com
GST MAJOR NEWS
Check out CHART!
Gastar Exploration Announces Initial Production From Multi-Lateral Production Pilot in Australia
Press Release
Source: Gastar Exploration Ltd.
On Thursday June 18, 2009, 6:00 am EDT
HOUSTON, June 18 /PRNewswire-FirstCall/ -- Gastar Exploration Ltd. (NYSE Amex: GST; TSX: YGA) today announced that the aggregate rate of gas production from the Bibblewindi multi-lateral production pilots in its coal seam gas project in New South Wales, Australia has reached 250,000 standard cubic feet per day. Water production continues at approximately 3,500 to 4,000 barrels per day. Strong water flows, the precursor to strong gas flows, have confirmed the anticipated widespread fracture network and high permeability of the Bohena coal seam. Full scale dewatering from the six production wells commenced in early May 2009. It is expected that gas production rates will continue to climb over coming months as dewatering continues. Gastar holds a 35 percent working interest in the project with the balance held by its joint development operating partner, Eastern Star Gas (ASX:ESG and OTCQX: ESGLY).
J. Russell Porter, Gastar's President and Chief Executive Officer, said, "The excellent early performance of this production pilot is confirming our high expectations for the project. We believe this puts us on track to achieve our reserves upgrade targets as well as move forward to project commercialization and full-scale development.
"In addition, the multi-lateral drilling design is proving to be a success and we are now confident that we can comfortably drill laterals of over 1 km in length. We are also seeing clear pressure communication between the lateral wells, which means the spacing between the laterals can be greatly increased. We anticipate a spacing of up to 1 km will be achievable, increasing the total quantity of gas that will be produced from each well and materially reducing gas production costs.
"We are particularly pleased that gas production was immediate when dewatering of the multi-lateral pilots commenced," added Mr. Porter. "This confirms the Bohena coal seam is fully saturated and based on results we have seen so far, we expect the gas content to be approximately 15 standard cubic metres (530 standard cubic feet) per ton of coal."
About Gastar Exploration
Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America and Australia. The Company pursues a strategy combining deep natural gas exploration and development with lower risk CBM and shale resource development. The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas and Marcellus Shale play in West Virginia and Pennsylvania. Gastar's CBM activities are conducted within the Powder River Basin of Wyoming and concentrated on more than 6 million gross acres controlled by Gastar and its joint development partner in Australia's Gunnedah Basin (PEL 238, PEL 433 and PEL 434) located in New South Wales. For more information, visit our web site at www.gastar.com.
Safe Harbor Statement and Disclaimer
This news release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects", "projects", "plans", and certain of the other foregoing statements may be deemed forward-looking statements. Although Gastar believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. These include risks inherent in the drilling of natural gas and oil wells, including risks of fire, explosion, blowouts, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in the natural gas and oil drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations, risks with respect to natural gas and oil prices, a material decline in which could cause Gastar to delay or suspend planned drilling operations or reduce production levels, and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in natural gas and oil prices and other risk factors described in Gastar's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the SEC at www.sec.gov and on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
The SEC has generally permitted oil and gas companies in their filings with the SEC to disclose only proved reserves that under SEC definitions and guidelines a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. This news release discloses estimated "gas content" that the SEC's guidelines would prohibit us from including in our filings with the SEC. Estimates of gas content are preliminary, do not reflect estimates of recoverable reserves and by their nature are more speculative than estimates of proved reserves under SEC definitions and guidelines.
The NYSE Amex and Toronto Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Company Contact:
Gastar Exploration Ltd.
J. Russell Porter, Chief Executive Officer
713-739-1800 / rporter@gastar.com
Investor Relations Counsel:
Lisa Elliott / Anne Pearson
DRG&E : 713-529-6600
lelliott@drg-e.com / apearson@drg-e.com
Today is GFG day - great buy at .37 IMO
STAA rocking and rolling! FULL STEAM AHEAD!
STAA may be our 400% stock today!
LOL- I am in!
TEC just passed resistance
LOL - if you are delisted - your stock price rocks! - If you file Bankruptcy - it will send your stock price to new highs!
Very odd times we are living in!
CEO found guilty of fraud - stock soars!
This may not help:
Investigators say Fed threatened bank CEO
Congressional investigators say documents prove the Fed threatened to oust bank CEO
Anne Flaherty, Associated Press Writer
On Wednesday June 10, 2009, 7:35 pm EDT
Buzz up! Print WASHINGTON (AP) -- The Federal Reserve threatened to force the ouster of Bank of America CEO Kenneth Lewis if he didn't follow through with plans to buy Merrill Lynch & Co., Republicans said Wednesday after reviewing internal documents.
Republicans also said there was evidence that the government tried to restrict information related to the merger from being publicly released.
However, none of the documents showed that the government explicitly instructed Bank of America to hide Merrill Lynch's losses from shareholders, they said.
The House Oversight and Government Reform Committee is investigating claims that top government officials, including then-Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke, urged Lewis to go through with the acquisition and not disclose to shareholders the details of Merrill Lynch's deteriorating financial state.
Lewis was scheduled to testify on Thursday before the panel, which is chaired by Rep. Edolphus Towns, D-N.Y.
Bank of America has received $45 billion from the government's $700 billion Troubled Asset Relief Program. As part of that money, the bank received $20 billion in January after Lewis requested it to help offset mounting losses at Merrill Lynch.
According to an internal memo prepared by the committee's Republican staff, Paulson and Bernanke "put a gun to the head" of Lewis and Bank of America's board of directors to force the merger even though Lewis "felt it was his duty to his shareholders to try his luck in the legal system and back out of the deal."
As proof, Republicans cite several documents including an e-mail by an employee at the Richmond Federal Reserve who said Bernake had made it clear that if Bank of America backed out and needed financial assistance, "management is gone."
Just a few weeks after the deal was completed, Bank of America's fourth-quarter earnings report showed the hit its balance sheet took on the Merrill Lynch transaction, making Lewis the target of shareholder anger.
In January, Bank of America reported a $2.39 billion fourth-quarter loss and Merrill Lynch disclosed a loss of more than $15 billion.
http://finance.yahoo.com/news/Investigators-say-Fed-apf-15495647.html?sec=topStories&pos=main&asset=&ccode=
I don't like any stocks today - LOL - was hoping to get EBHI at .02 - but it didn't fall like I was expecting.
Even if it is illogical - which I agree it is - I am loving the profits!
I would like to see volume on IFC - that would fix all problems.
Once the stock closes above the 5 day moving average - we will rock!
I welcome delisting - the majority of the stocks I have owned - RUN HARD upon completion of delisting - for example, COA (Coachmen Industries) traded at .30 while listed - on the 2nd day of COHM (Coachmen Industries) it went to .99 - GMGMQ was trading at .70 as GM - once they filed bankruptcy they went to .27 and are now at $1.50 - BRING ON THE BAD NEWS - they ROCK STOCKS!
LOL!
Looks like EBHIQ will be the next play!
Yep!
Gave PK the notice on GNVC at .82 pullback - trading at 1.16 now in after hours - JUST SOLD MINE - will probably regret it.
I have been getting some - still haven't sold any - at what point will this get to .01?
How can you not be - gap is filled - and the stock has changed hands. Some nervous nellie bidwhackers still left - once the reason for buying comes back - it will fly!
That GFG is just ROCKING! Sold in premarket thinking it wouldn't cross .50 - but if it does - it should go above .90!
I loaded up on IFC today - probably a little premature.
GNVC - nice pullback.
ABSOLUTE NO BRAINER = IFC
Matt hasn't been posting anymore - I think he is realizing the seriousness of the charges.
He will need to spend all he made to defend himself. I am sure there will be some lessons in all of this.
ANDS on watch
BTW - IFC no brainer
Also GGC - it will be coming to a town near you - soon.