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Saturday, July 30, 2011 2:34:18 PM
But it has a ways to go to match the last roll. From the last high top it was down about 51%, meaning it needs about a 102% increase from the low of the bottom to just match. It’s done about half that right now, so again good job to any respectable trader getting any of it. Given that a big portion of the volume is just the paid promo/momo team or other non common retail sources, and is one of the reasons I stated it’s “a cautious game at best”.
But here’s the rest of the post that comments of “thanks” was given, and “you’re welcome”.
I've got a close of .0227 last Fri.
Close of .0259 Today
Guess that needs some creative accounting to put some misleading spin for exuberant percentages on that one. Use the high of today and low of last Fri, that will sound better.
Way down from the high of the last peak or push of three weeks ago at .034.
Volume isn't the greatest. It may be up a bit for the average, but depending what days you use, it still isn't very good for the average volume during the times of promo pps push for the last tops in the last few months. Along with the elusive .03 still out of reach.
Guess the BNPD promo/momo team better step it up and use some more funds. Kudos to any of the common "Joe" or "Jane" trader that manages some profit on all the BNPD hype. Still a very cautious game at best, the harder the hype, the harder and faster the fall will be. Always something or some that will destroy any run, usually the pinky promo team right when they are at the height of their promo (who of course at the same time say they would never LOL).
Too bad the company can only try to fluff up some already old wells that they had a lease on. But those wells are historically very Low or NO-producing wells (see I-Box for links) and the only thing that is going on is Gouger transferring the cost of sitting there on them to the shareholders of a pinky shell IMO.
Gouger is having a hard time doing even that. After stating in a PR "in the following days" on 5/20/11 over two months ago, still no sign of any SEC filings except paid BNPD promo team stating the same over and over every day.
Gouger has done nothing but have a hard time, including with his oil business. Constant violations and failing reporting standards for even the little bit of oil business he has done in the last few years (again see I-Box for REAL DD and links, all hype aside). But that is again nothing new; Gouger has had a history of permit and safety violations even before this particular lease was taken over about three years ago.
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