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S&P 500
5,556.02
(
0.85%
)
US TECH 100
19,821.60
(
0.92%
)
Dow Jones
39,264.77
(
-0.11%
)
Brent Oil
87.30
(
-0.04%
)
Bitcoin
56,684.08
(
-0.52%
)
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popeyej

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popeyej

Re: was sheepdog post# 5557

Thursday, 05/24/2007 12:43:32 PM

Thursday, May 24, 2007 12:43:32 PM

Post# of 15261
OEGY is in a lot better shape than SPCK. The company has over 0ne-billion shares outstanding with about 92 million issued so that is not a current problem. The company is still losing millions and must cut costs or continue to issue shares to survive. I would watch the revenues and costs to see if there is any improvement in the next quarter. There are several organizations that are pumping this company which may account for the nice increase today.
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