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Re: jaws123 post# 396

Friday, 05/04/2012 10:50:24 AM

Friday, May 04, 2012 10:50:24 AM

Post# of 447
me??? Willy is upbeat today about it, ask him. LOL.
Bad market day to be asking me that, Jaws, especially with the mess the Oklahoma newspapers have made out that the well is right now. It will take time. There is not a present, near future $.50-$1.00 value showing. A buyout might bring it up a lot, or the merger, doubt the super report can really counter all the things I see. He borrows money from himself thru his two companies, and pays himself back with interest. IMO, he has those 2 companies getting Indian tribe grants and loans at a super low to none rate, then loans it to his oil company, very odd and confusing. Rest comes from investors directly in the stocks. He's in arrears with Verilease, never made a single $25,000 a month payment up until 16 April , so it must be north of Quarter Million now.
But I've always tried to warn everyone to try and do the mini buys and sells, since the financials last year, we were shifting enough lately to make tiny profits, I stayed out of it to avoid jinxing it. I keep waiting for it to lift enough to shed some, but it never makes it that high. I can afford to wait it out, and we're at bottom, so it makes no difference to me one way or another, my husband calls it my cheap entertainment.

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