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Re: rick85284 post# 6996

Thursday, 05/25/2006 12:38:24 PM

Thursday, May 25, 2006 12:38:24 PM

Post# of 46027
This was taking into account the part of NWOG that wasn't merged. I was a bit hasty in that, sorry. I think that inclusion was shoddy on their part. I think we go some oil divisions from them that were under producing, or maybe just extra equipment with a little bit more of their oil.

Either way, I think that it's ripe for transitioning from speculative to investment status. I highly, highly doubt we'll see even $1.50 again, but as a legitimate enterprise on a higher exchange I can see $1 range.

I just don't want to participate in the transition.

And no, I don't think that most of these people can interpret financial statements. Most people are on edge because they've already lost so much money. I have made 600% on NDOL and I'm perfectly content following my strategy that I have been by selling on unjustified emotion and buying back lower.

I'm out of posts for today, so that's it for now.