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Has anyone called NITE lately and asked them their float figure?
Someone did before and posted it up here when the NSS was the big debate and nite was the bad guy...
I learned the 20% strategy from somebody that came to the hmgp board, took 20% and moved on. I can't remember the userid but had a nice collection of member marks. Had his signature wanting accredited/sophisticated investors for the business he was starting. Has his own board.
Here's the trades I started with just to let you see what I'm doing, only 1 contract each since my first trades. I didn't do well with my exits.
Bought 12 May xbarf ebay Jun $30 put for $1.08 and sold 2 Jun $1.25. next few days was over $2.00
Bought 14 May CRA citibank Jun $22.50 put for $.87 sold 29 May for $1.10. next few days went over $2.50 and ended about $3.00
Bought 14 May mxqfv mdrx Jun $12.50 call for $.55 and then sold 3 Jun for $.35 since I thought it was sliding down. Next day the stock jumped $1.00. I'm not doing anymore calls during this market.
These are the ones I started doing 5 and 10 contracts each and where I actually put all of my tax stimulus money in and started making the real gains.
Bought 5 Jun QJPSW for 95 cents and sold 6/10 for $1.35. Currently $2.35
Bought 9 Jun HBCSP for $1.40 and sold 6/12 for $2.55. Currently $4.50
Bought 6/12 TEXSK for 80 cents and sold 6/25 for $1.00. Currently $11.00. This is the one that really got away.
Bought 6/13 HBCSO for 85 cents and sold 6/26 for $1.25. Currently $1.30
Bought 6/10 LTDSW for 80 cents and sold 6/27 for $1.00. Currently $1.63
Bought 6/13 AUESG for $1.00 and sold 6/30 for $1.40. Currently $2.00
Bought 6/30 TIFTH for $1.70 and sold 7/7 for $2.50. Currently $3.30
Here's the trades that I currently have open. qqqts, rjfte, dovti and aeqtu. I'm about even on those from when I bought them but the trend line is still holding so I'm just sitting on them for the next few weeks.
Basically all I'm doing is going to clearstation's tag and bag area (graphs in bulk) and finding stocks that have the moving averages crossing. Then I make sure the other indicators confirm the trend. Then I find an option that gives me more than 30 days but better if about 45 days before expiration. I find one that I can afford 5-10 contracts (for now until I have more $) that's close to being ATM or just ITM. Then I put in a GTC order at 20-40% or so gain and let it sit. I work an 8-5 job so I have to just let the GTC do the work for me.
I'm doing ok on my picks. But obviously by the current prices, I'm not doing well enough on my exits. I'm leaving a ton of gains on the table. I need some help in this area. I probably need to hold longer than just my 20-40% area but I don't want too much risk by getting close to the expiration or holding too long when the trend turns.
So why don't you do puts on bigger stocks?
I got tired of following the hmgp board and started doing puts. I've been doing it 2 months now and I'm up 104%. and that's with no experience and just taking 20% gains and then moving on to the next ones.
Yes, I was. I'm just talking about lately. Since like you say the past doesn't guarantee future performance. :)
Price doesn't usually go up with news anyway
Gerry or Jerry the catfish guy that works for Hemi...his last name is Scheibmeir.
Maybe that helps you Badge.
I think that picture was there for all the mature wells on that lease before they started drilling the new well.
Or at least there have been the 3 pictures of tanks below the first two sets of drilling pictures for quite awhile now.
Because the company is a pink and transparency isn't one of its strengths at this point.
Trust is based off of the 4 cores of credibility being split between Character and Competence.
1. Integrity
2. Intent
3. Capabilities
4. Results
Spill it. You should be transparent like you want Hemi to be.
The lack of transparency is the problem you're trying to identify.
Investors and gamblers here don't know how much oil they are pumping so how can the price of oil be compared to the profits of Hemi?
You need to first know how much oil they are pumping and how much revenue is coming in before you can correctly value the stock.
Until then, speculation is what drives the price.
I found the volcano reference and understood the initial reference in my search. Thanks for the pics everybody.
However I thought the reference involved candlestick charting and was more looking for the details on that. What the candlesticks look like when that gets setup.
Could someone please post a definition or link to an explanation of Krakatoa? I didn't find one. tia
Since we know that stocks go up and down Badge, when is the point when you'll take the money? Since I'm sure you see that what happened in 06 and 07 will happen again in 08 (just that every year the top gets higher). The same issues of transparency will keep the stock volatile.
I'm glad I have good posters to follow now that teach people to take the money so I don't lose out again like I did Feb/Mar 07. :)
Basically it wasn't anything against hemi.
It was because hmgp is a pinky and that's basically all that's in my portfolio so eTrade didn't like my account with more pinky shares. And they wanted to keep that secret and wanted me to go away with my pinky shares. They don't care about the little fish in their pond.
I did fill it out better than the guy told me the first time. And it is a miracle since they are actually in my portfolio now. No more issues. Took some doing but I'm ok now.
I tried again and it doesn't look good so far.
Here's last time and this time so far...
The guy at eTrade talked to me a bit more on Tuesday. Basically explained that in most situations the risk is that eTrade thinks that the certificate may be a fake. He also said it doesn't go well when you don't have a lot in your portfolio. I have a couple of turds (my past mistakes that I keep there so I remember to not be so stupid in the future) with eTrade plus my hmgp shares so basically just hmgp.
So basically he put it that if you are a little fish they could care less.
So I called the customer service rep that I talked to last month and let her know that I put them back in and she left me a message saying that she'll see what she can do. I sent a customer service message too in regards to the transaction since they were so quick last month and here's the response I got:
"Thank you for your inquiry regarding your recent deposit on 153,000 shares of Hemi Energy Group (HMGP). As of 03/19/2008 the shares are pending validation with the transfer agent. Once the shares are verified they will be available in the account. If the shares can be verified we can accept them. Unfortunately with certain securities it is more difficult to verify shares. This occurs most frequently in shares traded Over-the-Counter securities. I truly apologize for any inconvenience. Please allow 3-5 business days."
So basically with how fast they were last time (they were back on my doorstep on 02/20) I'm thinking I'll have my cert back tomorrow afternoon when the UPS truck swings by. Then I'll be finding a new broker and they'll have to take a paper loss to sell my turds to pay for their quarterly service fee and shut down my account. LOL
So, not really any clues as to them not really liking hmgp, just that they think that the cert they sent me might be a fake. lol Took me 2 minutes when I got my cert to call the TA and verify it.
We have known for a long time that transparency is part of the solution but we are on the pink sheets so we know how that goes.
So let me understand this...
Things change right and that's all ok?
So you can change your mind and your plan and that's all ok?
Then when issues arise and the company has to adjust and change things to remain successful and meet their goals that isn't ok?
There's too much information that has not been revealed.
Sure they focus on all the progress and plans with SEK and now the TX leases but that doesn't explain 100% of the cashflow.
Do most here really think that 400~ last month and now 600~ this month are all the company has coming in to cover it all? We just don't know the other income streams. There's more to the cashflow positive than they lead us to believe by only talking about the 5 woodson leases.
The thing that frustrates me with these issues is that nothing makes sense or there just isn't enough information. Everybody wants to play the secret game. All it does is tear down trust. But if eTrade doesn't want my business then I'll move it to my new Fidelity account since my employer is setting one up for me. I never really picked eTrade anyway, my previous employer set that one up for me years ago so I just used it.
I think too many take the posts to be adversarial due to experience with other people but I was just trying to see what was up.
I called again and had to have India xfer me and the only answer I got this time was send it in again but this time write a letter with it stating that the shares were purchased from the same etrade account and that etrade was the one that sent the certificate to me and hope it works the second time around. LOL
I was hoping to dig into seeing if it was me not filling it out correctly or if eTrade didn't like hmpg or if it was etrade + hmgp + me that didn't work as a combination or what. Or if I could get them to slip on something DTC but no luck since you can't get any answers from the man behind the curtain. The back office is as vague as can be and will not budge.
I don't know when the next time I'll be in Dallas so it may be a bit before I attempt again. So it is pending for now.
and on a side note, thanks pink floyd. I appreciate it.
If you are not sure why I'm having this issue or posting it then why are you replying to my post?
This is the HMGP board right? I am talking about my HMGP certificate right? I don't want to be confusing anyone or myself. I'm pretty sure I'm on topic and it is possibly related to other issues that the board talks about so I'm posting to get help with solutions.
Thanks for the post Badge. I remember reading your post when you first put it up.
Have you had any sort of resolution or further information about the issue? I'm going to pursue an answer or solution with eTrade even if it is me beating my head against a wall. It just doesn't make any sense and their lack of a good answer just frustrates all sorts of need for common sense.
They called me back and left a message on the machine while I was at work. Only said that the back office states "risk situation" and they won't give any specific answer. They told me to write the correspondence address. This will escalate.
Interesting you bring that up Jagman.
I got my certificate in December. (I'd like to thank the board for proving once again that cert drives don't seem to work)
I tried to put it back into my account on Friday, drove all the way to the Dallas office of eTrade. They overnighted it and then it shows back up at my house this morning.
The letter they sent just said that the shares could not be held in my brokerage account. Didn't say anything else.
So I was on hold for over a half hour. First with India, then transferred to a Sr. CSR, then they had to research with someone else. So after 30 minutes he doesn't have anything but the word "risk" and no explanation as to whom the risk applies. I explain that I purchased all the shares through my same account and they sent me said "risky" certificate only two months ago. He logs a ticket and supposedly they may have some further information in a few days.
Anyone else have have any trouble with putting their cert back in their account?
In a book I read an interesting point was made about how when emotions go up, IQ drops inversely.
As well as another book that made a great point that I like a lot. When only the problem is the focus, no progress will be made. Only when the focus is put on the solution(s) will things move forward.
I'm currently reading in the beginning of "The Speed of Trust" and it is very interesting the value of trust. Also an apparent example on the board of what happens when trust decreases and the cost of the lost trust. Hopefully the trust can be regained.
After you sell into the election rally you won't play the downslide with shorts and puts?
here's the other 3 that I shot today when I was at the stockyards.
I can't send you a PM but I live in Tarrant.
If only we could get another nice downspike like that soon so we can finally get moving up again. Right coydog?
http://www.artgodz.com/project/html/hemi.html
That's the new site, not the old one. So this campaign should have been around the time of the new site launch this summer.
Did anyone know there was a direct mail campaign that went along with the website redesign?
http://www.artgodz.com/project/
http://www.artgodz.com/project/html/hemi.html
of course it was still all linked with SIS and you can see Deep Blue Marine in the list. Looks like the direct mail was a magazine that SIS produced.
I got mine from eTrade today too. My shares were still in my account yesterday. I came home from work today and it was sitting on the doorstep wrapped in a plastic bag by UPS due to rain today. I almost thought the shares were still going to be in my account too. But they were gone today however I do still have my $40 for whatever reason.
So did anyone in Utah watch it on K Jazz this morning? Surely somebody must have TIVO and recorded it and can tell us what was on the TV.
Today was the 3 week mark from first requesting my cert with eTrade. I called the TA and I'm still not on record. I called eTrade and the rep was really nice but he didn't really have much info. He just said the standard timeframe and that as far as he sees it is in process. But the shares and $40 are still in my account. I'll be calling in a week to hit the 4 week mark of the 4-6 weeks standard timeframe they quote.
I think it was pink floyd's trip that let us know that all of the insiders (Keith, Craig, John and Joyce) all have their shares in certificate form.
The last unofficial count was here:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23717067
uh huh. Why were they quick to issue certificates in previous months and now they seem to have trouble with that request?
I just called the TA and I'm not on record yet.
So I called eTrade and the csr only could tell me it is in process. It seems my experience with eTrade getting my cert is much different than the others on here that have requested from eTrade and had them quickly.
I put in my request on the 14th of Nov. I sent an email and they replied that it was presented to the cashiering department on the 21st. The online service center shows the request is completed however my $40 is still there and the shares are still in my portfolio. The eTrade csr said she would email the cashiering dept directly to follow up. I'll be following up with them again next week if there is still no real progress.