TNOG is number one in my book. TNOG went from 1 penny to over a nickel while many other oil stocks remained 2 pennies and under, and TNOG is still expected to have a lot of way to go. The company has a lot of appealing fundamentals, including an anti-dilution policy of the float, remaining free debts, and being revenue driven. The company already is producing one of the most desired resources: oil. Not only is it also expected to start producing gas within the next two weeks, the company already has a consumer of all of its gas products.
Posted by leavenart on :
Well Explorer, I'm with you on this. This has been my best stock this year. After the disapointment of cpn, ivan, hec etc, this stock is relatively dependable.
I believe that all the signs point to continued forward movement for some time. GLTA
Posted by popsgotee on :
Looks like a buying opportunity....
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Posted by legal1082 on :
If only i had some money
Posted by explorer186 on :
GOOD NEWS OUT: Kosciusko #1 producing $1.1 mil per year not including GAS!!!
Posted by madmoney on :
after exspences, cost of operations, net probably less than half that, was hoping for better results to justify 36 million market cap. considering the current price movement i am not the only one dissappointed, dropping fast! on the news!
Posted by legal1082 on :
Hey madmoney do you think it will drop and stabilize? I'm all out and waiting for the dip that may come tomorrow!
Posted by databig on :
will probably rebound, seeing they are still producing oil, and people get the dissappointing news out of there system, wish for steak and get hamburg
Posted by explorer186 on :
Research says TNOG hit the mother load even with 50 BPD. Apparently the average output in the US is 10.5 BPD.
There is still a lot to come: 1) Completion of the gas pipeline within the next few days. It is said TNOG will make more from the gas than the oil. 2) Flow number of the other well. 3) Update on joint ventures.
Posted by jake_the_snake on :
Thanks for the heads up!!! Looks interesting. GLTA
Posted by stashu on :
50 barrels a day appears to be phenomenal for a U.S. well.
These people that got out today saw the PR, then saw the PPS go down a little, assumed it meant that the PR was bad news, and then all proceeded to "follow the leader" and jump ship.
The question is, will they do the research tonight, realize this was really good news and get back in tomorrow?
I think so.
Posted by popsgotee on :
This dump doesn't make sense....oh well, in it for the bigger picture anyway. Hope more "good news" doesn't come out, don't want this to drop anymore. LOL!
Posted by leavenart on :
Of course it makes sense. A lot of people make money on this stock. No matter how you call it, the news was not up to expectations, so it dropped. I got out, a little late, but I'm back after putting the profit right back in and when the news comes out on Stanley 1, and the gas comes in I'll make some more.
What's not to understand. This is a buying opportunity. If you didn't see this drop in time to get out, then just wait. Imo it will go back up. Its a good stock and thats what good stocks do.
Posted by net10708 on :
I'm gettin back in, just wondering where the bottom might be.
Any thoughts????????
Posted by popsgotee on :
Thanks leavenheart, actually I added on the dip yesterday, i just diidn't expect it to fall below the 20 day MA so fast... I'm still learning and it's nice to have the input from those more savy.
Pops
Posted by leavenart on :
I think we're there Net. We may wallow around here as people watch, but it wouldn't surprise me to see us pop up green late. I know I'd sure hate to be on the sidelines when the next set of numbers.
I wouldn't put it past them to put out a poor statistic and bring the price down for better entry points.
I suspect they knew exactly what they were doing.
Posted by leavenart on :
Oh and Pops, don't let the stars fool ya, I'm as dumb as a box a rocks. I don't know where those stars came from. I swear it wasn't me!
Posted by legal1082 on :
I'm with you leavenart! I got out yesterday just as the news hit and got back in this morning acquiring more shares with the profit. I don't know if we've hit the bottom, but I'm not taking any chances on trying to catch it when it runs again. That second PR was pretty good. 50 barrels a day is a great rate, that's somewhere around 1,500 barrels a month! I'm no expert and this is just my opinion, but that is phenominal for a US company and especially a smaller one.
Posted by popsgotee on :
I usually see stars when I get slapped on a play...I agree with you guys, we go up from here, oil isn't going to stay down long, fluctuations, yes, but not a dive.
As we speak they are evactuating oil rigs due to storms in te gulf and supply is being shut down. Now this is news only and we all know that's what moves this more than facts so we shall see.....
Posted by net10708 on :
I wish I agreed, but I think TNOG will flirt with .03 first. Maybe dip just a shade. Check the chart on it. Hope I'm wrong, but...
Posted by legal1082 on :
You may be right net! Yikes! lol. It will be a serious ride both ways I hope
Posted by popsgotee on :
That's why you guys have stars and I don't.... LOL!
I think I'll go to my day job now, it's a hold, good bad AND ugly!
Good trading guys.
Pops
Posted by leavenart on :
The main reason I don't see .03 is that this has been a good stable run and the near future is promising, so I see some movement up/down but not enough bail out to drop it much more.
They are holding those numbers on us and we should expect some uncertainty in the traders.
Posted by leavenart on :
Looks like we will find out just how low they want this. This is the time of day for it.
Posted by explorer186 on :
I'm not stressing. This is certain to go above a dime in time. Be long, win big. That's the way I'm going be in from now on; I'm going to forget about it.
Bye guys
GLTA
Posted by net10708 on :
Well, we 'did' break .03, like I predicted. I just still don't like the chart. Not sure if this rise is really a rebound, or just some people picking what they think is the bottom. The 200 day moving average is in the .01's
Now that's scary
Posted by leavenart on :
I am only sad I can't come up with some more money soon enough.
Posted by leavenart on :
Well Net, it fooled me. Just when you think its getting predictable. It would probably be easier for me to believe the chart if it could tell me flow rates.
Posted by leavenart on :
Come to daddy.
Posted by net10708 on :
Well, the chart still looks like one more sell off is coming. To maybe .026 or so. But that's it.
Of course, can you really believe these charts?
Posted by legal1082 on :
It seems to be re-grouping itself. if nothing else we had some serious volume today!
Posted by Rebel_Yell on :
Posted at RB.
By: monkeybizca 08 Jul 2005, 07:26 PM EDT Msg. 45259 of 45308 Jump to msg. # I left 2 voice mail messages with Clayton today. Although he didn't get back with me, I called a third time and got finally got him. The best info I got was that the 50 bpod is based on pure oil only after the water is removed (it comes out 30% water). He has heard that both the gas and oil is of good quality, but doesn't know the exact purity. Also, he knows that the valve is currently being choked (not fully opened). He speculates that when they get to target depth, add on a pump and open the valve more that 100bpod is very possible. The Midway pipeline 60 day contract deadline is from May 24th which puts it at the 19th of July, but will likely finish sooner. The only debt the company has is like a few $K in credit cards for spare parts, maintenance, gasoline, etc. and is paid off in full each month. He seemed especially excited about the joint venture with Valor which gives Titan better access to other new land leases. In his own words, he said that the traders of Wall street will be buying back at a much higher price soon. He said that Novak has 15 million shares that they sell tiny amounts to pay for office and clerical stuff, but they have no intentions of selling any major chunks until it gets to about .20. Overall, the conversation was reassuring and I recommend that anybody who doesn't believe me or thinks I'm just pumping to call him yourself - Clayton will be happy to talk to you and no, there is no pending bad news. (503)618-0370
Posted by pennyprophet2 on :
tnog chart has clearly taken a hit. However, the two indicators here show its bottomed out. CCI and Williams %R at at or very very near bottom. CCI has never hit -100 this whole run and %R is about the same as it hits -20 oversold area. Look for this to take a turn this week, and if the above post is true on numbers, we should start our next run up soon imho
Posted by popsgotee on :
Hope your right P.P., .026 right now.....OUCH!!
Posted by leavenart on :
My hats off to you Net. You called it! Long live the charts. (just wish I could understand em)
Lets hope the news is soon and good. It's a little embarrassing getting bitch slapped like this.
Posted by legal1082 on :
LOL! At least we are moving in the right direction again!
Posted by BCmouser on :
Well they certainly didn't mention the 30% water in the oil in their news release- that is not good news. Most companies that find 30% water in their gas and oil abandon the wells.JMHO
Posted by subbywrx on :
I hope this goes even lower. I want it back where I bought in before at .00695 (avg) so I can stay this time to sell off at .057
Had 825000 shares...(orignally I thought I had 575000 but I was just checking my history at Ameritrade and I held 825000 at one point then sold some at .0093 and .009. Kicking myself hard as I could have reaped in at least $40k on my initial investement. bummer.
Posted by legal1082 on :
I understand sub! I brought back in on Friday and brought to high. It's needs to go up for me and then take another dip, or just run like chiat!!
Posted by databig on :
i guess news will be out on wed from what i heard at the other boards,, i think everyone is jumping the gun, to quick, the news will probably make the stock start to climb again.
Posted by explorer186 on :
BCmouser that's 50 BPD pure oil they are talking about, which is also coming out of the will free flowing (without a pump.) Confirm with Clayton yourself.
Posted by BCmouser on :
If you believe Clayton that is good for you, I have been taken by too many pump and dump schemes to buy into their stories. My money is in EDNE and NSE as far as oil goes. TNOG just does not igve me enough info to make a serious investment. If you want to gamble a few bucks on this one go ahead but seriously it is a pinksheet company and we have no idea about the financials or share structure other than what they tell us. For all we know it could be costing them 70$ a barrel to get the oil separated and into the tanks.
Posted by legal1082 on :
TNOG
TITAN OIL & GAS INC Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 06.30.2005 (13) days ago, when the stock price was 0.0482. Since then TNOG has fallen -40.25% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Buy only if the bulls are in charge Forget about it if the bears surge
Today a High Wave was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
For more about this candlestick click here.
The last two candlesticks formed a Bullish Homing Pigeon Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
Posted by popsgotee on :
Nice to see some upward movement today.....
Posted by leavenart on :
Yeah Pops; I love stocks like this, even though I get impatient. This is one stock that isn't going down very much or for long. It's just a matter of when we hear about the gas and oil.
Posted by popsgotee on :
I'm with ya', I avg. down the last week a couple of times now I'm just gonna wait. I like the prospects here.
Posted by legal1082 on :
hovering and waiting for news it seems!
Posted by leavenart on :
My theory is that someone in the know wants to buy a lot of this stuff, and is waiting for the farm to sell. jmo
Posted by leavenart on :
Course I could be wrong. Course there may be no oil in them thar hills. Course they did say there was. Course there may be no gas waitin to be piped. Course that makes a four mile pipeline moot. Course there may be no pipeline. Course I'll just wait till I hear something. Course I believe everything I hear. Hello---------hellllllooo------------hell
Posted by explorer186 on :
TNOG gas pipeline due to be completed today. I'm expecting a PR, and the next leg up.
Posted by stickfigurefred on :
Lets hope! I want to see this company move like it should!
Posted by databig on :
i figure alot will move over to tnog from eogi and some others to get in before any news today, everyone is just waiting for the PR
Posted by explorer186 on :
Too bad there was no news today; it would have moved good
Posted by popsgotee on :
I can't believe how dead this one got, but then again it seems that the oil stocks are taking turns running up, hopefully we'll get some news on TNOG that will give it a boost.
Posted by pantast1c on :
I want to be a happycamper with TNOG, go TNOG! Long live TNOG. Give me cheaper gas prices please. hehehe
Posted by popsgotee on :
![[Embarrassed]](redface.gif)
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