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Anybody following this stock? It seems to have enormus potential especially with gas prices as they are.
Posts: 39 | From: Massachusetts | Registered: Oct 2005
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Hey boys.... any idea what caused the bottom to fall out of this one back in mid May? Crap this sucker could boom!!! buying in a .028 could pay off huge for this sucker!!!! Any indications of a reverse split or anything else dangerous? Please advise!!!
Posts: 181 | From: Alberta, Canada | Registered: Oct 2005
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Anyone know of any other message boards this stock is on that might have more activity. I would love to see other peoples thought on this one. I think by the end of the year they will have some significant news that will launch this stock price. Shouldn't some of the other wells be about ready soon?
Posts: 39 | From: Massachusetts | Registered: Oct 2005
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quote:Originally posted by kindo: Anyone know of any other message boards this stock is on that might have more activity. I would love to see other peoples thought on this one. I think by the end of the year they will have some significant news that will launch this stock price. Shouldn't some of the other wells be about ready soon?
well, a few other threads on BIGN have recently been started here - simply not much interest in it so far...and the one I started DIDN'T GET ANY ATTENTION AND I FEEL VERY HURT FOR NOT GETING ATTENTION ;-)
OK back to the issue: On their web site they list 240M outstanding shares. They also claim to no longer need to print shares - as they have plenty of cash resources.
Their estimated earnings for 2006 ist around 87M - hence earnings pps would be around .36 - the stock is courrently at around .025 .....
Once the folks are getting their PG&E bills this winter... there will be a sudden big bang and we might hit .10 level... and will have to be moved just as BTSI/NDOL has/had to be moved.....
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Blake, I think another way to say this is this entire company, that will probably earn $87 million in 2006, can be purchased for under $ 6 million based on the current pps and o/s. What a buy huh? Posts: 798 | Registered: Jun 2004
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Blake? Do you like this stock? Raging Bull finally has BIGN on them. I think that interest is starting to grow on this one and so will the share price. I think we are on to something with this one! GLTY
Posts: 39 | From: Massachusetts | Registered: Oct 2005
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quote:Originally posted by kindo: Blake? Do you like this stock? Raging Bull finally has BIGN on them. I think that interest is starting to grow on this one and so will the share price. I think we are on to something with this one! GLTY
I do/did like the stock but after reading the thread on 'investorshub' I'm having second thoughts. Apparently, they depend on some Russians for their new technology and they are currently not where they are needed, hence the projections of 200 wells seem somewhat premature... it might all be rumors on investorshub..but the contribution on the thread appear credible.. pls read thread yourself..do the ususal dd..etcetc...
Posts: 213 | Registered: Oct 2005
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