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Re: AlongForTheRide post# 3047

Sunday, 01/13/2008 10:53:24 AM

Sunday, January 13, 2008 10:53:24 AM

Post# of 4735
I truly wish I was in your position - I went in BIG TIME and am averaged in at over 2 cents.

Unfortunately - I used everything I had buying SGGC because I really thought that with the small O/S - a small market cap of 1.2 million - and the fact that an oil company that is possibly alreadry producing crude - bought it.

I used Continental Fuels - which was the same situation - except they had 3,400,000 shares - it went to $4.25 / share and started at .07 - so I figured SGGC would at least make it to .42 / share - so being conservative I figured a good exit would be around 30 cents.

That is the way it would of played out - but someone has sabotaged the efforts and has dumped a tremendous amount of shares at bid for the past 5 trading days - if that ends I think we will be ok.

Everything I post - is my opinon - do your own due diligence before investing.

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