Yes bob23, any buy under .15 in this stock is a good buy,
Fib's bear this out,
short term to .35 or so
long term [yr or so depending on a couple of things**] 1.30
**denotes a reminder, It will only take one well to pay off all their debt.They are ramping up for 500 bbl's per month.
I also have a friend that has the Elliot Wave Theory and he ran it for me, it is on line with the Fib's
I also had a chance to go in with him on a stock with a very similar pattern and decided not to, just to watch him make just over $100,000.00 for a 1 yr hold, he also is buying this stock.
As for the insider buying, I'm just not sure were where Jorgen is going to sell those shares as I can't make any sense out of the filings, to many ands if's refer to and so on LoL
In the end, patients will be required b4 it hit's that .35 mark tho.
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