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Re: Moses1492 post# 39462

Thursday, 09/10/2020 12:37:48 PM

Thursday, September 10, 2020 12:37:48 PM

Post# of 54276
Bear 25-26 cents today?

Ya knows with a real oil stock...

One would bee pouring over the last 10Qs/10Ks, looking at bbd produced, when the next wells were projected for completion, and their guesstimated oil flow. Checking the Texas state site was always a pain. How pipeline transport costs were going. Then proceed onto the macroeconomics. Such as Brent/WTI oil prices, whether OPEC pricing was holding together. What the Saudis, and Russians were up to with production, and pricing.

So you ask 25-26 cents today? Well, any guesses have nothing to do with oil produced. ZNOG has never produced one drop of oil. Which means who cares what's going on in the real world.

Guess we're down to predicting unbridled irrational retail reaction to something that goes bump in the night. LOL We need more data - as in what trade volume it settles into on the OTC. Then maybe some retail traders will get all worked up over chart technicals never meant to apply to OTC Microcrap stocks. Resulting in some vulgar trading channel?

I still predict long term 5-10 cents. But that won't occur overnight. It will take months. Maybe prayer Email from Brown will get it to move? ;)

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