Replies to post #3993 on United States Oil and Gas Corp (fka USOG)

[ack0605]

Long term meaning year end, then IMHO

1) Every day we close neutral or green discourages Shorts
2) We’re skirting along the bottom here and potential forming a double bottom reversal
3) Forming a reversal now just before Q2 results and potential new investing looking at USOG fundamentals and technical’s will drive new money into this stock. (Solid business performance + uptrend technical’s make a great buying opportunity)
4) Drive the PPS to .02 and sell 400,000,000 shares at a 50% discount and pay off Trunbull (no economic dilution for those cost averaged under a penny)
5) Reverse Split all authorized shares (no dilution) during the 4th qtr and release 2010 results showing great EPS and a strong balance sheet.

To succeed as a LONG you still must chart a course one day at a time.

Double bottom reversal definition:
http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_revers

[The_Pro]

Slapping the Ask is worthless

if there is idecisiveness by the investors and strong forces driving the price down. I'd rather investors put in a low bid and gobble up the float. We have got to get the stock out of public access to MM's and shorters. When you gobble up the float don't SELL. That's killing us.

And don't use Stop orders or Stop Limit orders. The Shorts and MM's know they exist. They'll gobble you up and LOL on top of it.

Accumulation is the order of the day.