Shares are tight look at that!!! WOW!!!
* With over 660,000 shares trading just the day prior, and the stock closing at .oo12, this sure moved fast with just 20,000 bought! Sure would be kickn myself selling at .oo12, if i found out the next day a 20k share buy would take it back to .oo2 or up 66% with the .oo25 on the ASK! It's almost like MM's want shares cheap in the .oo12's range, but just can't get them because something else is maybe buying shares.....??? I am beginning to think that if somebody wanted to buy 1M shares at the market, the Price per share would go to .oo5 range maybe???? I guess MM's are prepared to keep it this low in hopes they can scare some shares maybe? ~~~ It's almost as if MM's don't want anybody buying shares right now in my opinion unless they are going to pay a premium in price??? When the Price per share goes down 50% on a 10k share trade or short, i think MM's are hoping to Free some shares on FEAR???? ~~~ That's the Technical side .....
Now the Fundamental side is interesting because of the Past REVERSE SPLIT and the now low 300M AS structure and 217M OS structure!!!! You have an existing storage well over the top of the Marcelus shale patch, you have a factory on that site, that once was powered by the Natural Gas on the property! With Technology, is their a way to FRak the remaining Natural gas? With past Press releases it appears that DOMINION already has leased the storage well on the property in the past! They don't own it do they? Chains were being broken and coming off at one point, so say the Press releases. So, Any agreement yet? Does the stock trade like their was an agreement maybe? Are MM's wanting to fill large orders cheap right now? Or does 20k shares drive the price per share up in one day over 66%??? What's going on with the real fundamentals here? Any improvements made to the Storage well? :) Been Years, any updates on the DOminion Gas Storage well dispute on BEACON property???????
~~~~~~~~~~ Any word on Beacon Energy Corporation, the subsidiary with the gas rights of BCND???
thanks BK, Merry Christmas .......
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