posted
GreenGold Ray Energies (Symbol: GRYE) Forecasts Net Income Profits of About $11,765,865.00 USD per Year on 5,000 Hectares Thursday 07/09/2009 9:15 AM ET - Market Wire
GRYE 0.021 -12.50%
As of 10:35 AM ET 7/9/09 GreenGold Ray Energies, Inc. (PINKSHEETS: GRYE) is forecasting a net profit income of about $11,765,865.00 USD per year from the company's current 5,000 hectares of jatropha plantations in Mindanao Island. The figure accounted for and includes the total gross incomes from the sale of pure Biodiesel Oil B100 of about $9,839,884.00 USD; the sale of Jatropha Crude Oil of about $7,925,163.00 USD; income from the by-products such as Jatropha Press Cake of about $144,000.00 USD; and the sale of Jatropha Residual (Glycerin) of about $1,152,000.00 USD. The earnings are estimated to flow in by the end of 2009 or early Spring 2010. Currently, GreenGold is fast tracking the final acquisition with the construction of the Crude Oil Extractor & Processing Plant, taking advantage of the increasing demand to produce more of the jatropha crude oil first. The estimated completion of the crude oil processing plant is within 45 to 60 days. GreenGold Ray is looking forward to this very lucrative booming alternative and renewable green energy industry, thus enhancing the company's profitability!
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
posted
Todays chart shows that it is currently oversold. Got up to .034, then took a selling dive. Could be a great entry point. Look up the symbol to read the whole story. They posted their revenue report within the story.
They're PROFITING $11.7 million per year, but the market cap is only like $550k ???
What the junk? Very very very undervalued. Always do your own research.
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
posted
Price currently at .02/share. 52 Week Low was on 6/15 at .018/share. Could be a great bottom play given this great PR. Just my opinion though, never trust any research but your own.
Volume is 23X the average.
Stochastic Oscillator and Williams %R still show oversold. The Williams is at -100% !! The "most" oversold it can be!
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
posted
GOT IN AT .021 WANT TO SELL AT .025.. SMASH, DO YOU THINK THE BID WILL GET MET AT .025 TODAY?
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |
posted
Yeah I think you'll be able to sell at .025. There was a lot of buying volume over the last hour during the decline. The stock is overbought right now off the bottom, so if you give it a little bit of time, it should start churning again. I think you'll have an easy time getting out at .025, especially since the high was .034, and the buyers at those high prices sure as hell aren't selling today for a huge loss.
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |
posted
out at .26... im kikn myself now for not holdn a little longer, but you never know with penny stocks. i always let my emotions get to me then end up loosing, so i have been making small gains the last few times. well smash keep making these pick b.c the last 2 times i listend to you i have profited
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |
posted
I'm glad you got out where you wanted. Don't feel bad about a 24% return in one hour . Its nice to end a losing streak. Thanks for the compliment.
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
Chart says it's overbought right now, and trading near high of Bollinger band (on a 1 day chart).
But sellers are holding strong it looks like. BID is .0249, but no takers (thankfully)
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
posted
smash why when you put a sell order in sometimes they do partial sells. like i sold 30,000k shares and they did 3 partial sells. and im pretty sure the made 12$ commision off of ever partial sell. do you no anything about that?
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |
posted
You're selling to three different people equaling the amount of shares you wanted to sell. As long as you didn't modify the order before it was fully executed, you were only charged one commission fee.
If you modify the order after a partial sell (like change the limit price), they usually charge you for a new trade.
Posts: 406 | From: San Diego | Registered: Jun 2009
| IP: Logged |
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
| IP: Logged |