Fundimentials and technicals? No bashing here. Good to look at the data/facts on the company. Mine is closed for almost a year now? While open- it cost more to get the coal out of the ground than they made from it. In Bk. Company announcement was abandoning coal and trying to aquire small oil wells in Kentucy. To this date no record of any being purchased. Took part in conference in Texas to try na raise money for that. EC did not show up at last minute and so another representative had to make the presentation. Company has operated at a loss as long as in business, and with R/S history IMO-has lived off the backs of the bagholders that could be lured in.
Past history is a gerat indicator of the future. He will lure you like atrout if you use techincals. Any move above 50 day moving average and an increase involume of 2-4times and the suckers come right in. Problem is that you are coming from .0001 and no volume, so what you you really buying. Example with $10,000s trading in a buy and sell to himself or friends at .0002 you would see 50 million shares in volume, and the trap is set. MOMO board goes nuts and you have 20+ mmoriders bidding up to .0005 and now volume of 20 million, and new Bagholders.
As long as company has now product to sell,,,,IMO - don't buy the stock.
GLTA
<<I listen to the fundamental and technicals! I listen to my investing
experience (over one decade on OTC stocks)! I also listen to the CEO
of the company! But I never listen to the people who bash a stock... >>
