there was a potential for a sell off? really? people have been saying that since 007
there was a potential for a sell off? really? people have been saying that since 007
yeah bill, thats what im wondering too, can i get it even lower? hmmm its green premarket though
"Sean,
You will get them all, eventually. It will just come in lots of 50k, or whatever is for sale at the time. also, i think you should drive over to MGLGs office and see whats cookin. "
will i have to pay 10$ for each 50k shares i get? or will the 10$ fee cover all the shares? even if its at 50k intervals?
ahh markets are open , just got my account set up! i duno wht to get tho :S
Great observation! The day before yesterday was the highest volume in six months and has a big black candle yesterday. (see chart above) Then out comes a PR. Check it out and be careful today. I don't know what it is going to do, but walk like you are going through a mine field until you can confirm a direction.
MGLG got dumped on at the end of the session with a form T of 95 million at .0011. I got into it with a dimwit on the hub who was running his mouth. I haven't logged on to there yet, but I might have some shitty comments towards me by now.
BCLE is just fine....it looks retarded, but isn't.
The mglg website says one of their sites produces 150 BOPD, thats barrels of oil per day.
not saying anything here, just getting a feel for the numbers..
Last edited by imromo24; 07-08-2009 at 09:14 AM.
guys if u cant see behl is not a pump and dumpo i dont know what to tell you, your not doing your dd, this is real news, if u dont see that im sorry for you. also that being said that doesnt mean the price wont fall some from here but if ur long and believe in the technology that should not bother you.
which chart are u looking at bill?
http://investorshub.advfn.com/boards...6&BatchSize=10
scroll down a bit
jeez trip relax. I think on the third day of a high volume rally based on a pr that said "expect news soon", and penny pump sites, that some profit taking would be expected, no?
And really, what news was in that PR? "someone is showing interest in our product". I guess you're right, I dont get it.
Im not bashing the stock, I still have a buy order for it again after taking profit early in this rally, I just need it to pull back. We just want different things. Actually, we want the same thing, but you want it now and I want it after a pull back.![]()
I think you can get a fair idea from other wells in the same field...at least an average. I am by no means a numbers guy on production. I just drilled the holes and drew a paycheck and bonuses. I was a "nothing" that could be replaced at any time or on any day.
My take on the whole thing is that people don't have a clue on production numbers, so there will be a run if anything comes out in the form of a PR. People will argue over whether it is good or not, because they simply don't know. It will all sort out with the shake.
The only thing that I know is that we are potentially in a world of hurt. The DOW futures are up this morning a whole 1.0.
At this time I believe that pennies are where to make money, because they live in La La land. I sure wouldn't get into market stocks right now. That is how I feel right now.