Thanks, M, now I spit coffee all over my keyboard!
That bid side just won't give in for .0012 the sell side is trying to get to .0013
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Thanks, M, now I spit coffee all over my keyboard!
That bid side just won't give in for .0012 the sell side is trying to get to .0013
To make a long story short, they were drilling wells on a plot of proven ground in Texas. After they reached target depth on the first well they released a PR saying they were testing the well for productive gas and results would be out in a week.Originally Posted by Stock Magician
Two months went by without so much as a peep from the company and the SP clearly suffered because of it.
The production numbers for GWGI were finally release about a week ago, but it has had zero effect on SP.
What I took away from the experience is that it may take a bit longer for productivity numbers than expected. So as stated before, I expected no numbers for MGLG yesterday. I hope we get them soon, but after yesterdays PR it sounds like it may be a few weeks even before they come out.
No matter, I still the SP will rise back up into the .002 range. Then sit there sideways until numbers are released.
There it is! .0013!!!
See, I'm already up just over 8% on my purchase this morning.
God, I love stocks.
7 million at an avg of .0007. I like posting my decisions on this forum, because it gives me a feeling of accountability to someone for my decisions.I have been watching that cup and handle also. A little consolidation and then it should go up, according to Hoyle.
7 Million now....good going!
I can't tell my girlfriend everything about what I buy and sell. She doesnt have the stomach for it. :-)
You have me in tears! I have had some pretty good laughs this morning.
2 X 6 now .0013 Hmmmm wonder what is cooking? Shots, if you put that money in the bank, how many years would it take to get 8%?
My wife doesn't have the stomach for it either.
I was talking to my Mom about it and she almost had a seizure! "Oh No! Get your money out of there...you are going to lose it! Get it out now!" I said, "You don't know what you are talking about." "Oh no, Bill, we had the best stocks that there are and we lost money...get your money out of there, now!"
It takes a special kind of person to be a stock junkie.
Last edited by billhart22; 06-16-2009 at 12:53 PM.
Bill,
You are right about that . . . It does take a certain personality to swing or day trade. None of my friends comprehend it. And most of them think I am nuts. I have one friend who would like to get into it..but he does not have the time. On a side note he is also a gambler. A smart one though . . not a "I have to play this hand" kind of guy. But one that thrives on calculated risks. He's also a salesman and real estate investor.
Ray,
I think we are seeing accumulation on BEHL . . that is nice. I still think we can hit .01 by Friday.
Bill,
Well, MGLG keeps trying to push 13 but someone keeps kicking it back down. I guess this will take till Friday to pull itself up. <Tapping Fingers>.
Interesting that the anticipation was on MGLG for me...and the surprise winner was BEHL. Nice spike with what looks like a build for another bull run. Currently I am up 138% with that one.
MGLG I bought a great deal at .002 and did not flip today sooooo I don't want to talk about it....
The sell right now is .0014
I believe we could hit .0015 today. Just a guess. It would be sweet! People are really hesitant about buying the next highest price today. After a while they give in a little. It is a cautious group of investors today.
All right, we are in the .0014's now.
Last edited by billhart22; 06-16-2009 at 01:44 PM.
yeah i had a bad experience with mglg i bought in on the last spike at 0022 ended up selling at 0012, i dont like how quick it sells off. im talking bout the spke like a month ago, i have yet to buy back in since.
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