Daily Market Watch - Week of 5/3/2009

[just sirius]

Bill and the gang

sorry guys...picked up 10000 shares of ssccq @ .0955...Promptly went to .09 on cue! My bad...I will dump them tomorrow so that it can shoot up to .12/.13!

What's up Mr. Bill

couldn't log on for a while...then computer went to see it's creator...finally back up and running...

Please send me some stock picks that your WOULD NOT TOUCH so that I won't F... up all of your trades!!!!!

Agreed...OCNF low to mid 1.20's Earnings released on 18th...is that correct?

Have a good evening!

jeff

[GoHerdGreg]

Okay, gang, I'm back from paradise (Key West).

Didn't have much fun watching the overall market tank this week via my iPhone. My portfolio took about a 10% hit overall, but it's survivable. When I did check my balance, I'd wince a little and then have another glass of wine, or go snorkeling.

And all was right in my world.

I sold some of my F and used it to buy in to BEHL on Monday morning. I felt like a baller buying that many shares, and it impressed the wifey when I told her about it.

Then I mentioned the price.

Like the rest of you...I am just sitting on SSCCQ and BEHL and waiting. I have the time.

[billhart22]

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.

*correction - 600,000,000 shares, not 6 million

This late afternoon I was half sleeping.

[billhart22]

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.

Let me correct myself: I didn't see it there this afternoon. I humble myself:

Galloway Energy Adams Feed #1 Gas Well Drilling on Schedule

RENO, NV -- Galloway Energy Inc. (PINKSHEETS: GWGI) ("Galloway" or the "Company") wishes to advise that the "Adams Feed #1" well at the West Texas Project is proceeding to drill ahead on schedule.

The operator of the project has confirmed that the well is on target to reach T.D. (Total Depth) and shortly thereafter the requisite testing of any productive gas bearing zones will immediately commence. Galloway will know the commercial viability of the well and productive gas flow rates upon the completion of testing. The well is the first of a proposed development program targeting a minimum of 20 gas wells to be drilled across the acreage.

The "Adams Feed #1" well is located adjacent to the town of Ozona in Crockett County, Texas. The Ozona region has over 115 working wells currently in production and the program is deemed to be relatively low risk as the formational sands being tested are well known and historically documented as producers.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

ON BEHALF OF THE BOARD
Galloway Energy Inc.
- - - - - - - - - - - - - - - - - -
Shane Lowry
President and Chief Executive Officer

************************************************** ***
Galloway Energy West Texas Gas Well Reaches Target Depth

RENO, NV -- Galloway Energy Inc. (PINKSHEETS: GWGI) ("Galloway" or the "Company") wishes to advise that the operator of drilling operations at the previously announced West Texas Project has advised that total depth has been achieved.

Testing of any potentially productive gas bearing zones are slated to commence immediately. Galloway will be advised as to the commercial viability of the well and productive gas flow rates upon the completion of testing which is anticipated early next week. The well is the first of a proposed development program targeting a minimum of 20 gas wells to be drilled across the acreage.

The prospective well is located adjacent to the town of Ozona in Crockett County, Texas. The Ozona region has over 115 working wells currently in production and the program is deemed to be relatively low risk as the formational sands being tested are well known and historically documented as producers.

Company President and CEO Shane Lowry comments, "We look forward to the results of testing with an optimistic view towards a successful outcome, especially given the available geologic data and nearby preponderance of producing wells. Next week's news could be of considerable benefit to Management's near-term planning."

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.


ON BEHALF OF THE BOARD
Galloway Energy Inc.
- - - - - - - - - - - - - - - - - -
Shane Lowry
President and Chief Executive Officer

[billhart22]

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

I don't anticipate a big drop...it was just a bad day everywhere. If it does drop, then I will buy even more. SSCCQ is in a very different situation than most. Smurfit has a thing called "Assets", lol.

I hope you guys get word on behl tomorrow. I have seen it around for a long time and have looked at it and read about it, but never did anything with it, but that sure doesn't mean anything. Ray is on to it and he is good at picking places to put money, so I will just have to see.

Just keep in mind that I was the guy that rode the short yellow bus to graduate school.

[billhart22]

Bill and the gang

sorry guys...picked up 10000 shares of ssccq @ .0955...Promptly went to .09 on cue! My bad...I will dump them tomorrow so that it can shoot up to .12/.13!

What's up Mr. Bill

couldn't log on for a while...then computer went to see it's creator...finally back up and running...

Please send me some stock picks that your WOULD NOT TOUCH so that I won't F... up all of your trades!!!!!

Agreed...OCNF low to mid 1.20's Earnings released on 18th...is that correct?

Have a good evening!

jeff

Hey Jeff!

We have a bunch of funny guys on here now and I am really enjoying it!

Just so you don't dump them to buy them back at .12 or .13.

You had the bionic parts in your computer replaced, eh? That happened to me a while back. I was getting blue screens and it was going down and getting safety screen messages and the registry was messed up, so I took it down to my friend who owns a computer repair and sales store and had him build me a brand new computer. The new computer has a raid system with two drives, a ton of memory....everything is first class. I brought that puppy home and fired it up and it is beautiful.

In the meantime, I found the proper way to take trend micro internet security out of my old computer....I did it very delicately and then cleaned my registry and now the old computer works like a champ. I am on the old one right now. The new one is over in the corner of my study gathering dust.

When I get time I should put some of my programs from this one on to that one and use it. oh well....What I really need is three more monitors to handle all of my open windows. That is a serious priority.

Jeff, you are a good luck charm....you sound like a mirror image of me though. I always buy too high, that is why I am doing my ridiculous buy in the morning by working my way up with it from .12. My luck would be to have my order in for .12 and it will drop to .09 in the morning, so don't feel bad.

OCNF low to mid 1.20's Ray, you and I agree on that one.

It is really great hearing from you and welcome to the Smurf family!

I know you are busy, glad to hear from you!

Bill

[billhart22]

Okay, gang, I'm back from paradise (Key West).

Didn't have much fun watching the overall market tank this week via my iPhone. My portfolio took about a 10% hit overall, but it's survivable. When I did check my balance, I'd wince a little and then have another glass of wine, or go snorkeling.

And all was right in my world.

I sold some of my F and used it to buy in to BEHL on Monday morning. I felt like a baller buying that many shares, and it impressed the wifey when I told her about it.

Then I mentioned the price.

Like the rest of you...I am just sitting on SSCCQ and BEHL and waiting. I have the time.

Welcome home!

I hope you had a really good time. I would love to go to Mexico and sit on the beach at Playa Del Carmen and suck down tequila and corona....then have breakfast. Then spend the rest of the day eating and drinking. And the night eating and drinking. I get my money's worth at those all-inclusive 5 star resorts, lol.

I have only been to Florida once and that was Jacksonville, but I found out what humidity and bugs are all about. There is plenty of both to go around.

You know you are on the right track when you are on vacation, drinking wine and checking your stocks on your i-phone, in between snorkeling, lol!

My portfolio didn't take a hit, because I am all in cash except for SSCCQ, which I won't sell. I have been patiently waiting for OCNF and then I am going to throw it all in there. In the mean time I have some little side trips planned, like EGT, which I might leave money in if I can get it at a reasonable price. That little stock intrigues me.

So it is about time for some Maker's and then early to bed....Actually when I have one or two I don't want to go to bed...for some reason I get energized.

There's some nice newer people here and they have senses of humor, so it is a lot of fun.

Later,

Bill

[ShotsII]

Let me correct myself: I didn't see it there this afternoon. I humble myself:

Galloway Energy West Texas Gas Well Reaches Target Depth

RENO, NV -- Galloway Energy Inc. (PINKSHEETS: GWGI) ("Galloway" or the "Company") wishes to advise that the operator of drilling operations at the previously announced West Texas Project has advised that total depth has been achieved.

Testing of any potentially productive gas bearing zones are slated to commence immediately. Galloway will be advised as to the commercial viability of the well and productive gas flow rates upon the completion of testing which is anticipated early next week. The well is the first of a proposed development program targeting a minimum of 20 gas wells to be drilled across the acreage.

The prospective well is located adjacent to the town of Ozona in Crockett County, Texas. The Ozona region has over 115 working wells currently in production and the program is deemed to be relatively low risk as the formational sands being tested are well known and historically documented as producers.

Company President and CEO Shane Lowry comments, "We look forward to the results of testing with an optimistic view towards a successful outcome, especially given the available geologic data and nearby preponderance of producing wells. Next week's news could be of considerable benefit to Management's near-term planning."

HAHA! Im glad you're starting to see the light. Results from the testing were supposed to be out early this week. No results yet, so could happen anytime.


BTW, you mentioned PGYC earlier. How is it only 6 cents when the offer to buy is .57????????
So confused. Is it a scam? Is it real? What do you think?

[stang3O2]

lots of people think PGYC is a scam when the orignal buyout came out for .42 the stock went from about .04 to .075 and back down to .04 that day

[ShotsII]

lots of people think PGYC is a scam when the orignal buyout came out for .42 the stock went from about .04 to .075 and back down to .04 that day

Thanks Stang. Thats all I need to know. Not touching this thing now; dont care if its real or not.

I can sleep now. Good night gentlemen.