Looking at entering this for the big swing. Have entered before at 11.20 and sold at 13.04 . Currently sitting around 8.20.
Posted by abram on :
Looking good from where I'm looking. The SEC filings show for the past couple of months , insiders are accumalating shares. First thing in the morning , I'll get 300. Worth waiting on.
Posted by paulbest on :
I've been looking at this stock. I'd suggest even with possible more potential is Find Energy. FE.to Just increased its 06 budget. The new NG plant was to produce at 30Mqf/day. Now its on schedule to go 50Mqf/day. I'll look at NGAS, its been awhile, this may be a good enter point as you say.
Posted by paulbest on :
NGAS/loss of 2 cents 4thQ Find yr end, revenue 112M ...net 36 cents/share. 9cents average Q. + their Pembina is just getting started.....
Posted by abram on :
And now I merely wait.
Posted by abram on :
Closed at 8.69, I love common sense swings!
Posted by abram on :
$8.90 now at 10:45 A.M.
Posted by abram on :
Four of the six new trades triggered on Thursday, with Daughtery Resources (NASDAQ: NGAS ) taking honors for the best performance, up a handsome 11%. This trade could run for quite a while, so don't be too eager to take quick profits.
Posted by abram on :
LEXINGTON, Ky., May 09, 2006 (BUSINESS WIRE) -- NGAS Resources, Inc. (NGAS) today reported oil and gas revenue rose 116 percent over first quarter 2005 due to production volume increases and higher realized commodity prices. Total revenue was a record $27.3 million, a 37 percent increase over the comparable period in 2005. The growth in total revenue was driven by higher oil and gas revenue as well as a 22 percent increase in contract drilling revenue
Posted by Jo4321 on :
Looks like good news. I'm in at $8.40.
Jo
Posted by Bill2Drunk on :
I like it and I don't. I do agree that it will move up some more but I missed my entry point if I was to get in....$8.30-40.
Posted by abram on :
It's a nail biter, but they're positioned to lower costs, I don't know the when , but I'm sure of it going over $10.
Posted by Jo4321 on :
Reuters upgrades NGAS RESOURCES, INC. from NEUTRAL to OUTPERFORM. 05:00 a.m. 05/08/2006 Provided By Investars
On May 8, 2006 Reuters upgraded NGAS RESOURCES, INC. from NEUTRAL to OUTPERFORM.
Posted by abram on :
My charts are showing a serious jump coming.
Posted by Jo4321 on :
Which way was that jump, abram?
Jo
Posted by abram on :
Well , it was a small jump , I got out at 8.55 and will wait for a re entry. This is May, even though it's typical for an across the board slump , that jump for NGAS is still coming. I am not a Daytrader. My opinion is that. NGAS is far from down for the count. Smart traders are scooping shares up the lower it goes. AS I will be . So, the fun part begins , deal or no deal. I've read other peoples posts and talked myself into taking a loss. MUST always remember why I boughta stock and not to buy into other people negativity because their impatience allowed them to talk theirselves into a loss. Posted by Jo4321 on :
This one is moving. Up .50 cents this morning. But at $7.52 there's still lots more room to grow.
Jo
Posted by abram on :
I still think the bottom hasn't been found.
Posted by Jo4321 on :
Maybe the bottom was back there at the low $7's. Green again today to close at 7.80 and HOD was 8.02
Jo
Posted by abram on :
I hear ya and agree.
Posted by fourseven on :
Not bad run. In at 7.54, out at 8.46
Seeing how it's headed down now, I think we may expect a bounce around ~7.70, or ~7.20 ... but if it bounces off ~8.00, there should be good action toward the nines...
Posted by Jo4321 on :
EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 13 - 17, 2006 2:21 p.m. 06/07/2006 Provided by
DENVER, June 7, 2006 /PRNewswire via COMTEX/ -- EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com . The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, retail brokers, investment bankers, energy industry professionals and high-net-worth individual investors a unique opportunity to meet and discuss important topics concerning the global oil and gas industry over five days. Participating industry leaders and key management from micro-cap to billion-dollar-plus companies in the global energy exploration, production and service sectors will discuss their future plans, opportunities and industry trends.
EnerCom, Inc. founded The Oil & Gas Conference(R) in 1996. Co-hosts for this year's events include: the American Stock Exchange(R); Calyon Corporate Investment Bank; Netherland Sewell & Associates; Natexis Bleichroeder Inc.; Rivington Capital Advisors, LLC; Fortis Capital Corp.; First Albany Capital Inc.; Hein & Associates LLP; and Petrie Parkman & Co. This year's line-up for The Eleventh Oil & Gas Conference(TM):
(I edited out August 13-16 for space)
Thursday, August 17, 2006 BPZ Energy (BPZI) CanArgo Energy (CNR) Continental Resources EnCana Corporation (ECA) Gastar Exploration (GST) Grey Wolf (GW) Nabors Industries (NBR) Newfield Exploration (NFX) NGAS Resources (NGAS) Rosetta Resources (ROSE) Southwestern Energy (SWN) Superior Energy Services (SPN) VAALCO Energy (EGY) Western Gas Resources (WGR)
About EnerCom, Inc. EnerCom, Inc. is a nationally recognized leader of specialized corporate communications consulting including investor relations, media relations, graphic design, financial advertising, and business development and analysis. Founded in 1994, EnerCom uses the team concept for its wide range of services to emerging companies, and small to large public companies engaged in the global exploration and production, oilservice, and associated advanced-technology industries. Headquartered in Denver, with an office in Houston, EnerCom works successfully with its clients throughout the world increasing their shareholder value.
Posted by Jo4321 on :
UPGRADE: NGAS Resources (NGAS) upgraded by First Albany from Buy to Strong Buy. 06:33 a.m. 06/08/2006 Provided By Briefing.com
The story you requested has been released as a headline-only news flash by the news provider.
Posted by fourseven on :
Well, it's holding above 8.07... I think the next big resistance to clear would be at 9.30
I'm gonna stay out for a while, the market's too friggin' jittery lately.
Posted by abram on :
I'm looking for another pullback before July 15.
Posted by abram on :
Closed at 7.79 . The tube is talking about how natural gas price are falling. Good sign. In July everything should turn around. Just my opinion.
Posted by Jo4321 on :
NGAS Among FORTUNE Small Business 100 Fastest-Growing Companies; NGAS on List for Second Consecutive Year LEXINGTON, Ky.--(BUSINESS WIRE)--June 27, 2006--NGAS Resources, Inc. (Nasdaq: NGAS) today announced that it has been included as one of America's 100 Fastest-Growing Small Companies by FORTUNE Small Business magazine. NGAS Resources was ranked number twenty-two on the 6th Annual FSB 100 list of the fastest growing small companies in America. This marks the second consecutive year that NGAS Resources was on the list. The list, which is comprised of public companies, appears in the July/August issue of FORTUNE Small Business and is available at www.fsb.com. To compile the 6th Annual list, FORTUNE Small Business asked financial research firm Zacks to rank public companies with revenues less than $200 million and a stock price of more than $1, based on their percentage growth in earnings, revenue, and stock performance over the past three years. Banks and real estate firms were excluded.
William S. Daugherty, President & CEO commented, "We are extremely pleased to have been included in the FORTUNE Small Business 100 list of fastest-growing companies for the second consecutive year. The fact that our performance has earned us a place again on this prestigious list is confirmation of our ability to execute on our business strategy." Added Mr. Daugherty, "This success and recognition by FORTUNE Small Business is due to the dedicated efforts of our management team and employees. We remain committed to our goal of sustaining and effectively managing our future growth."
About NGAS Resources
NGAS Resources is an independent exploration and production company focused on unconventional natural gas basins in the United States that support repeatable drilling opportunities, principally in the southern portion of the Appalachian Basin. Additional information, including the Company's annual report on Form 10-K for 2005 and its quarterly report on Form 10-Q for the first quarter of 2006, can be accessed on its website at www.ngas.com. Posted by Jo4321 on :
This is a weekly ranking by First Call of the highest-rated stocks, based on analyst comments contributed within the past month to First Call's database.
To be included on the list, a company must be rated by at least five analysts.
(YMI) 1.2 6 1.0 (ANGO) 1.2 5 1.3 (NGAS) 1.2 5 1.4 Posted by abram on :
Closed at $8.70 !!!
Posted by Jo4321 on :
Back to where we were in early May. Finally, I'm in the green. (just a lil').
Jo
Posted by fourseven on :
Hmm... it's hovering around 8.0.. my hunch is that it will try to make a run for 8.7, but that's hardly worth sticking money into it. Plus, given the shoddy state of the market... I dunno. This one is a hold in my books, for now.
Posted by Jo4321 on :
I'm at least holding until after the Oil and Gas Conference in August.
Bounced off 7.5, but the volume wasn't very convincing. I don't think it's ready to move yet.
Posted by Jo4321 on :
Hot weather and Hurricane season could push this one up a bit.
Jo
Posted by fourseven on :
Nice 10% gainer today.. if it breaks resistance, it may go as high as $9.3 through the week..
Posted by abram on :
Trading at $9.30 in pre-market.
Posted by Jo4321 on :
NGAS Resources, Inc. to Conduct a Webcast of Its Second Quarter 2006 Financial Results
By BusinessWire Last Update: 8/2/2006 9:33:09 AM Data provided by
LEXINGTON, Ky., Aug 02, 2006 (BUSINESS WIRE) -- NGAS Resources, Inc. (NGAS), today announced that it will be releasing its second quarter 2006 financial results after the market close on Tuesday, August 8, 2006. The full text of the release will also be available on the company's website at www.ngas.com. Management will host a conference call on the same day at 4:30 p.m. (Eastern).
The conference call will be webcast and can be accessed from the Company's website at www.ngas.com as well as from http://viavid.net/dce.aspx?sid=000033E1. For those who are unable to listen to the webcast live, an indexed recording of the call will be posted on the Company's website following the call's completion.
To listen to a replay of the conference call, dial toll-free 800-642-1687 or 706-645-9291 for international callers and enter passcode 3853843. The replay will be available beginning approximately one hour following the conclusion of the call on Tuesday, August 8, 2006 and will last through midnight Tuesday, August 15, 2006.
About NGAS Resources
NGAS Resources is an independent exploration and production company focused on unconventional natural gas basins in the United States that support repeatable drilling opportunities, principally in the southern portion of the Appalachian Basin. Additional information, including the Company's annual report on Form 10-K for 2005 and its quarterly report on Form 10-Q for the first quarter of 2006, can be accessed on its website at www.ngas.com.
SOURCE: NGAS Resources, Inc.
Posted by Jo4321 on :
Abram wrote:
quote: Looking at entering this for the big swing. Have entered before at 11.20 and sold at 13.04 .
Abram, you were in this before. What caused it to spike up in October to $15.00+ ? Are you expecting a similar rise this fall?
Jo
Posted by Jo4321 on :
Okay, I guess I'm answering my own question above. The spike last year was due to Hurricane Katrina.
Updated: 7:48 p.m. ET Aug 2, 2006 Associated Press NEW YORK - Millions of sweaty Americans have been cranking their air conditioners to full blast, causing traders to bid up the price of electric companies’ lifeblood: natural gas.
The commodity, now up more than 8 percent this week, has been as hot as a city sidewalk. Though temperatures are expected to moderate soon, natural gas prices have the potential to climb higher if the weather gets steamy again or if the Gulf Coast — which accounts for about a quarter of U.S. natural gas production — falls in the path of a hurricane.
And if prices stay high, even folks who are trying to conserve energy could eventually see hikes in their monthly electric bill.
“If higher prices are sustained at wholesale level, over time, they’ll filter into the customer’s rates,” said Jim Owen, a spokesman for the Edison Electric Institute, a Washington-based trade group. He noted, though, that utility costs depend on state regulations and whether the company is already locked into a long-term natural gas contract.
Natural gas futures surged 14 percent to a near 6-month high on Monday, pulled back about 8 percent on Tuesday, then rose again Wednesday.
“The volatility has been spectacular,” said Fimat USA analyst John Kilduff. He added that while prices have been “a little overblown,” they could rise further if Thursday’s natural gas inventory report shows a drop, or if Tropical Storm Chris turns into a hurricane as expected and heads toward the Gulf Coast.
Posted by Jo4321 on :
Oh dandy, This isn't always a good thing. Last two stocks I had that went on M N 1 radio tanked. Jes sayin'.....
quote: Explore NGAS Resources on M N 1
Market Wire 07:30 a.m. 08/11/2006
LEXINGTON, KY, Aug 11, 2006 (MARKET WIRE via COMTEX) -- William Daugherty, CEO/President of NGAS Resources, Inc. (NGAS), will be live on Market News First for an exclusive live interview with the M N 1 radio team. The interview is slated for August 11, 2006, at 9:30 a.m. CDT.
NGAS is an exploration and production company focused on unconventional natural gas basins in the United States supporting repeatable drilling opportunities. The company specializes in generating its own geological prospects in the southern portion of the Appalachian Basin.
By the end of 2005, NGAS controlled over 315,000 gross acres with more than 275,000 gross acres in the Appalachian Basin. The company has identified over 1,100 drilling locations on its core acreage.
The company's gathering system connects its wells to interstate pipelines with access to major natural gas markets in the eastern United States.
To learn more about NGAS Resources, or to participate in the live discussion, log on to www.m n 1.com August 11, 2006, at 9:30 a.m. CDT
About M N 1 .com
Market News First is an online market news provider which brings investors current news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily live press conferences, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the Presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.
Well, I held on. So far the interview is pretty good.
They brought up a good point about the fact that they are concentrating in the appalacian basin and so their production isn't affected by hurricanes. (my note: This definitely came into play last week when Hurricane Chris came through and NGAS climbed to $9.55)
They mentioned that the price had gone down because it goes lock-step with the price of Natural Gas. They just came off the biggest softest winter. So they had a lot of gas in storage. They did start drawing from their storage this summer due to the extreme heat last few weeks.
If there is a normal winter (colder) then they will have to go into their reserves more than last winter.
Mentioned the National Gas conference and how they are scheduled for presentation on Monday the 14th.
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