Hey Bill, tell me what you think of GWGI and MGLG.
Also XDSL
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Hey Ray -
I think mid 1.20 is the ticket.....it would be nice again at 1.04, but the times they are a changin'. I am just watching it. This slow market is top heavy and hitting resistance in just about everything. If it doesn't slice through here pretty quick, it will have to take a dump. The sooner on the dump, the better. I could have more fun watching mold grow, lol
Talk to ya in a bit,
I am doing other things today other than stocks.
GWGI - On their website, it doesn't look like they currently have anything going on with drilling. They of course will get new holes to drill. I would wait until the price is dirt cheap and just hold until they do something again. Maybe you could double check. I have checked news and their site and apparently they are in between projects.
I would just let the price bottom out and buy and wait....it is interesting. That might be a smart play. I am going to watch them now, lol!
MGLG - Tripps is more familiar with them, but I will look now. Yikes! I would just let it come all the way down and then consider buying. The chart looks like a classic pump and dump at the moment. It has plenty of room to go down. Tripps said they had some problems with the government that they got worked out. You might take a look at it on a twenty day chart set at around 10 minute intervals and look at the bigger picture. I would watch it close, but don't leap in too early. That is what I see on the chart, what do you think?
EGT is an interesting watch. I like the flow with that one. Nice spike there shows potential. But much like SIRI and OCNF . . . the question is where is the market going???
I thought we would be dumping this week . . . but now it slows... teasing us.
If and any one jumped on AIG at 1.60 good deal since it is now at 1.80 and pushing up. AIG is like a cockroach . . . it just ain't gonna die.
BEHL is not making us happy either . . . .
That is too funny!
EGT is pissing me off! lol I have an order in at .12 for 9000 Now that would be a score! It is a really interesting stock.
This market has to dump...it is obviously at resistance. Nobody wants to sell. It is just a matter of time my friends....the shorters balls are probably blue. Nobody will sell, so they have nothing to do. Somebody will screw up and set the magic in motion! (As I gaze into my crystal ball).
I would like to get that egt at .12 I am watching. Everytime I give in the price goes down and abuses me like a cheap whore, so I am standing with it @ .12 I know it may look ridiculous right at the moment, but stranger things have happened.
If the market dumps I might be able to catch it. If not, then the game is normal. I missed the boat again. At this juncture though this is a game with me, but if I win I will be happy.
Something to pass time with. Anybody know any camp songs? :rolleyes:
yeah mglg is risky buying into this pop but it could continue moving seems to be holding 0.0015 well who knows, supposedly they will be able to start selling there product again and will be generating revenue. im hoping to see it get into the pennies here soon. risky play of course. pink sheets are scary and hard to find solid info so invest at your own risk.
Tripps -
I was thinking it might be just a good time to let the stock fall and fall and catch it at the very bottom, whenever, then just let it sit until it does something.
GWGI isn't currently drilling any new holes, they are in between projects from what I can tell. Now, that would be the one to snag while in the gutter, then there is nothing but up with it. If you get time would you look at their website and news and such and we can see what you think about that strategy.
Keep an eye on EGT...... .12 is where it is at! ;)
Thanks
Among insurance stocks, Conseco Inc. (CNO) rallied 23%, while Ambac Financial Group Inc. (ABK) climbed almost 16% and American international Group Inc. (AIG) rose 13%.
looking around I came across ESSO
Its at .0168 with lots of volume.
Its charts also has lots of peaks and valleys.
Inexpensive and looks solid and at least interesting.
EGT at .12 would be outstanding . . . good luck on that one.
Bill I still have my notes next to me from a couple weeks ago saying to buy EGT at .10 shoulda, coulda, woulda.....looks like i missed that one too.
Anyone still following PGYC they just released a PR saying the cash offer has been revised up to .57 a share and more info will be a vailable tomorrow. If these people dont get a buyout someone is going to jail they just keep pumping this in press releases and still the price just barely moves
Thanks Debber . . . . might be time for another Whiskey.:)
You're right looking at too many charts today . . . . looking for something that makes me want to spend money. So far . . nada.
Looks like we have some rebounding today in the market. . . so no great deals yet.
I keep watching OCNF
Bill or anyone...OCNF
Do you have any insight on how the fins will look for Q1?
Hey Matt -
I was going to email you later today...I thought that maybe something happened.
I will get another worksheet together tonight. If anybody wants it let me know, but I will try to get one together tonight. I just fell to sleep in my chair a few minutes ago. It has been a really exciting day, lol.
EGT.....I am putting in an order for morning for 9K @ .12 That seems to be the best time of the day to get that price. I am determined now!
PGYC thing still going on. Man, they better come through or they will be eating burned pancakes in the joint for a few years. (tough talk, lol). In the "big house" with all the prison screws and bubba.
Seriously though, order in for morning @ .12 9K EGT.
It is worth an early morning shot.
I looked at all the different markets today and nothing was over 60% unless they had one or two trades a day...you know the ones. 1300 % and one or two trades.
It was just a bad day all the way around.
So if you have some new hot scoop, Matt, shoot it to me.
Glad to see you!
Bill
I expect them to be good, but not outstanding. They had to pay some bills with 6 million shares of stock, but the shipping industry was slow last quarter. The BDI (Baltic Dry Index) has been up several days now, so that means shipping is getting better. I never ever worry about dry shipping stocks, because the world has to have them....period! That is why I like them so much. The drys don't move, then the world is at a halt. ;)
Hey Bill, send me the worksheet and I'll get to workin on it. I've been really busy lately and havent had much time to watch the market but I may next week
I have my order in for EGT.......for tomorrow morning...if the market takes a dump then I am first in line!
Here is my strategy (totally wild, but possibly could work):
I have my order in for EGT...if I get it first thing in the morning or early morning, then it will pop up again. Meanwhile I will keep my eyes on OCNF, which I want more than anything. If EGT goes up and OCNF goes down, then I will sell EGT and jump all over OCNF with large money and let it ride.
Now if neither one of those happen, then I will do some shopping. I have some alternatives that I have to research, but for some weird reason my brain won't let me get impatient with these two.
Tomorrow is Friday and I don't believe that people want to hold with the market the way it is, at least big traders, because they don't know what Monday will bring. They want to be in cash over the weekend; either that, or stopped out if they can't cash out.
Those are my thoughts and a very simple plan for Friday, tomorrow.
Does anybody else have a better play? Or suggestions? I would sure like to hear them and also some new hot stocks from people reading this thread that have never posted in here before. Please feel free to post....we like you!
Greg is on vacation (goherdgreg), I hope he is enjoying himself down there in Florida with his family.
So anyway, we can put our masterful minds together and come up with something...I am going to try and do more DD on those drilling stocks, PGYC (out of curiosity) and some other stuff.
Talk with you in a bit, :)
Bill
ssccq is looking really good if i can get some funds cleared in time i will be buying it up :)
thx for the advice Trip. I actually did buy. 345,000 shares!! Think we can hold out till it hits a dollar? Haha. Jk. I think it's more of a longer investment for me. Let's wait a while and see how far this dog can run.
Bill, I don't know how you didn't find the news I have on GWGI. It is currently testing a new well to see if it productive. It will be; the plot it's drilled on is famous for prodctive wells. GWGI has first right of refusal to drill on this plot...
When it is fond productive they will be drillng 20 more wells n the same plot.
I am new to investing (6 months) but I am going to make my first prediction....GWGI is going up bigtime!!! I just hope I can get more money into my investment acct before it pops.
I hope your buys all trigger where you want them to.
Good day fellas.
how far do you think ssccq is going to fall bill, from the chart it looks like it could fall a bit. im thinking you know better than i do though. gl shotd i hope it works out for us. if they can follow through and release some more pr saing they are back in business making money that would be great. news is supposed to come from behl tommorow. hopefully the stock reacts nicely :)