As we all know, the oil sector has been exploding as of late. Oil is reaching upwards of $75 dollars a barrel and gas prices around the country are sky rocketing. Most oil plays have multibagged over five fold in the last week or two, so continued appreciation is harder to come by. TNOG has come to my attention because it is an oil play that has not run yet. It is currently at .0056 and has gone as high as .05 within the last year. The chart looks fanatastic and I will not speculate ont he rumors that have been flying around. TNOG has started showing some life in the past fiew days and it looks like we might be ready for a megga breakout.
Titan Oil and Gas currently has plans for 20+ wells to be pumping oil. They currently have well "Stanley #1" already showing great signs of pressure and having produced around 1000 barrels of oil during January 2005. Updates are expected on wells Stanley #1B as well as another soon.
In the Wilson County Project there are 20 existing abandoned vertical well bores that can be used to launch new horizontal laterals. Although it is difficult to determine exact reserves in the Wilson County field as a whole, an estimate can be made based on its size – approximately three miles long and ¾ miles wide. As such, a minimum of two million barrels of recoverable oil can be assumed, as well as appx. four million mcf (thousand cubic feet) of natural gas.
Posted by TruthLiesWithin on :
I hope so, because I have been sitting on some for awhile now.
Posted by gnulnx on :
The 3 stocks that I am most interested in next week are:
AMEP, OMOG, and TNOG
in that order. I would not be suprised to see all 3 of these stocks double. In fact all 3 have short term daily charts that are failr similar. An initial large spick followed buy a significant amount of consoldiation.
AMEP annouced awsome financials: Check the AMEP thread.
OMOG is expected to finalize the results of a pending lawsuit I believe.
and TNOG looks awsome (I have done no DD as of yet)
Posted by GilbertTheBanker on :
I hold all of these though I have taken profits on AMEP and OMOG since they have had some nice appreciation. Imo, TNOG is the next oil multibagger.
quote:Originally posted by gnulnx: The 3 stocks that I am most interested in next week are:
AMEP, OMOG, and TNOG
in that order. I would not be suprised to see all 3 of these stocks double. In fact all 3 have short term daily charts that are failr similar. An initial large spick followed buy a significant amount of consoldiation.
AMEP annouced awsome financials: Check the AMEP thread.
OMOG is expected to finalize the results of a pending lawsuit I believe.
and TNOG looks awsome (I have done no DD as of yet)
Posted by E-Z on :
I'll keep this on my radar. Looks like EFCR which also seems to like the summer months.
Posted by TruthLiesWithin on :
What's the current O/S ?
I only see the 56,000,000 but I know that's not right...
I have UPDA, TNOG, VNBL..
Sold my AMEP awhile ago after some nice gains...
Posted by GilbertTheBanker on :
Dont have latest figures need to call transfer agent for that
Current share structure info per IR: last checked 03/28/2005
750 million authorized 672,408,515 million O/S 330 million held by insiders Roughly 340 million float
quote:Originally posted by TruthLiesWithin: What's the current O/S ?
I only see the 56,000,000 but I know that's not right...
I have UPDA, TNOG, VNBL..
Sold my AMEP awhile ago after some nice gains...
Posted by gnulnx on :
Looks like a bottom. I'm in at .0057.
Posted by gnulnx on :
Looking at a 3 year chart I see that TNOG makes a huge breakout this time of the year just about every year? Can we say diamond in the rough anyone?
May have to hold this one for awhile...but then I am not really good at holding penny stocks!! lol
I would probably make a lot more money if I did hold them longer.
Good Luck everyone.
Posted by MsKay on :
Tradingday . c o m puts the pivot point at .0066. We need to cross that and we are right there at it.
Posted by gnulnx on :
I can't comment on the pivot point. However The current formation on the one day chart is what I look for in every penny stock. I alway's try to view the companies from a value side while looking at the chart from a psychological perspective.
What I see on the daily chart for TNOG is a HUGE interest in TNOG 2 days ago. Massive gains with smart profit taking. The stock pulled back over 50% of it's thurday peak. Today people are seeing the potential and driving the price back up.
Man if history is anything then this stock should show a huge gain fairly soon....of course stocks and history make for a bad mix!
Cheers.
Posted by MsKay on :
I look at pivot point because until it crosses that and stays there for a couple of days, you won't have your run. It can blow right past resistance in a single day and then drop right back down. If you can get a consistent close above the pivot point, that's when I pay close attention.... We all have our own system. I just know this one always runs on no news at all leaving everyone bewildered and then you find out later why it ran. You have to jump on this one as it passes by or it will leave you standing there.
Posted by logical buyer on :
Oil in down today, these stocks are quiet across the board today.
Posted by GilbertTheBanker on :
not a bad day today. This stock easily gets walked down by mm's on low volume. Congrats to those of you who were able to take advantage of some nice entries below .006. Just wait till the chatter and interest starts picking up and this stock starts getting pumped across all the boards. Best to quietly accumulate and let others chase.
Posted by The Bigfoot on :
HAH.
I've been holding this one since their last well came up dry and kicked my A$$.
There has been some little runs lately but I'm holding until it gets near where I was before the drop.
I hope you are right about next week. I could use the money for other things. Market does seem to like the new plan of action the company put forth. We shall see.
The Bigfoot
Posted by smoke420247 on :
This is a scam run by Novak Capital, company has nothing and this is a Pump and Dump, not my opinion, ITS A FACT. Gl regardless just be careful.
Posted by BuyTex on :
smoke, post the facts.
Posted by gnulnx on :
Smoke just about all penny stocks are Pump and Dump stocks. You should look at that as an opportunity. Buy in low...wait for said company to pump...then dump. Ala money in the bank. If you are investing in penny stocks waiting for the next $10.00 company to emerge you are kidding yourself. Those companies started out trading at that level.
Now assuming TNOG is a pump and dump company then it appears to follow a pretty normal yearly schedule...which means the big pump otta be coming around pretty soon.
Cheers.
Posted by MsKay on :
For those newbies who aren't aware of stock bashing and pump and dump, read this
www. nfi-info .net/bashertechnique.htm
Posted by gnulnx on :
MsKay I was invested in NFI earlier this year. Awesome dividend with that company but they are going through some crazy naked short selling. A patient person could probably have a nice retirement buying and holding NFI.
Posted by MsKay on :
Just remember, the people who are bashing a stock (or pumping either) are people who short these stocks. They pump it so that they can sell "borrowed" shares at a higher price. Then once the run has completed, they bash it and create doubt so that they can cover their "borrowed" or short shares by purchasing them at a lower price. So if they sell 1000 shares of XYZ at .015 today, supposedly within three days they must purchase the same shares to cover that sale. Of course they want to sell high and buy low so as soon as the run is topping out, they come out in droves and start driving the price down.
I'll probably get negative stars from them for this post! LOL!
Posted by gnulnx on :
How easy is it to short sell a penny stock? I certinaly have gone short on companies before, but I have never tried on a penny stock. Are there others here that have managed to pull this off?
I guess with the huge floats these companies have it shouldn't really be to hard for brokers to have shares to loan you.
Posted by MsKay on :
I don't know, I've never tried it but I've read lots and lots about it. I think only a broker can do it but I'm not completely sure. The brokers and MMs pay people to pump and bash the stock. Dateline did a piece on it and called it the scandal of the century. Once you've been here a while, you can clearly see it. Basically shorting is selling counterfeit shares. www. dailykos .com/story/2005/3/31/0481/68954
Posted by gnulnx on :
"Basically shorting is selling counterfeit shares."
That would be naked shart selling. Short selling is borrowing shares with an agreement to buy them back at a later time...hopefully when the price is lower.
That catch is you have to borrow them from your broker....which is why I suspect it is quite hard for us common folk to go short on penny stocks. It would make for a very interesting strategy tho.
Posted by MsKay on :
Oh correct of course. The point is that it is very lucrative to bash a stock and drive the price down so that shorts can cover their sales. You notice that they are very quiet when actual news may come out that would drive the stock up regardless of their bashing. They sell during the drive up on news and even pay "pumpers" to do it. Then, once the stock has run up and there is no news for a period of time, the bashers come out to drive it back down so that they can cover their short positions. The problem is that there is not really a "short" police who can force them to buy the shares within three days, thus naked shorting.
Really the only way to combat it is to be aware of it, trade very carefully in stocks that are already on the SHO list and don't be frightened into selling your shares at a loss. Just hold and do your own DD and make your own choices. If investors wouldn't sell at a loss so easily, it would make it more difficult on the shorters.
Posted by bfthunter on :
Showing some interest
Posted by jimmybean on :
Titan Oil and Gas, Inc.: Titan Inks Contracts-Operations to Commence on Bastrop County Project Tuesday April 25, 9:20 am ET
SAN ANTONIO, TEXAS--(MARKET WIRE)--Apr 25, 2006 -- Titan Oil and Gas, Inc. (TNOG:PK) has signed agreements with Houston-based Oasis Oil and Gas Corporation and with San Antonio-based Tejones Operating Corporation in order to develop oil and gas leases held by Titan in Bastrop County, Texas.
Assignments of interest will be made this week, and operations are expected to commence within 60 days. Titan is currently evaluating an additional oil and gas prospect with Tejones for future development as a joint venture.
Oasis President J.R. Harrison comments: "I feel that the geology and potential for there to be success in this project is the reason that Oasis Oil and Gas is participating, and we look forward to continued participation in oil and gas well projects with Titan Oil and Gas."
Titan Chairman Guy Posella adds: "We are extremely pleased to have developed this working relationship with Oasis Oil and Gas and with Tejones to be able to bring the Bastrop project into production. We are excited about future development prospects with Tejones, and will inform shareholders of events as they occur."
The In-Depth Bastrop County Report prepared by Titan's Petroleum Engineer, Peter R. Maupin, is available on the Company's website. This report gives a detailed outline of the development plan for the Bastrop project. Please visit: www.titanoilandgas.com/future.htm to view the full report.
About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Posted by jimmybean on :
ready to POP!!!!
Posted by MsKay on :
Up 15% so far today! That news has not hit Etrade yet so some investors do not have it yet.
Posted by gnulnx on :
MsKay you were absolutely right about the insiders knowing the news before everyone else. This news is surely why it popped 2 days ago.
Good call.
Posted by MsKay on :
I've been playing this since May of 2005 and watching before that. It has done that every time.
I just received the Novak newsletter with this news in my email box. It is still not 100% out yet. I hope it goes on up. I'm still in the red from getting hung out to dry last time.
K
Posted by bfthunter on :
What do you guys know about ARETE. Its been sitting at .0036 with an ask of .004 for a while now. I couldnt get filled at .0036 yesterday. Im told its just a shell.
Posted by The Bigfoot on :
Hunter....
Are you looking for me????
I'm not where you think I am.
Good Luck buddy.
The Bigfoot
Posted by gnulnx on :
Someone just made a relatively sizeable purchase of ~1.3 million shares
Posted by GilbertTheBanker on :
.0063 x .0067. Spread needs to tighten ad we are off to the races
Posted by gnulnx on :
I suspect not today....president dingle berry is fighting an oil war with a 67K barrel sling shot against IRAN and company.
Oddly enough, of all my stocks (NBR, RIG, VLO, ADM, and TNOG) only TNOG is up.
We just need a brave soul to through another 13K spike into the mix...any volunteers?
Good Luck everyone.
Posted by gnulnx on :
Any guesses about today?
Posted by gnulnx on :
Come on MM. Give us a little better bit ask spread.
bid .0062 ask .0066
WTF?
Posted by MsKay on :
Looks like it has died again gnulnx. It will run again on "no news" until the news comes out a couple of days later. Probably a month or three weeks. That's their usual schedule.
Posted by MsKay on :
AMERICAN BULLS posts BUY CONFIRMED today for TNOG.
From American Bulls website... Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 04.10.2006 (21) days ago, when the stock price was 0.0049. Since then TNOG has gained 12.24% .
Posted by gnulnx on :
MsKay I have been watching tnog a lot. It sure looks tempting at these levels doesn't it?
Just out of curiosity, how accurate to you feel american bulls are?
Thanks and Good luck today.
Posted by MsKay on :
It is just one indicator that I look at. I try to look at everyone's opinions and the charts. It is just a confirmation for me. If I have done my DD on a stock and I am waiting for a chance to get it or if I feel that it has turned up but am not sure, I always look there to see what the candlesticks say.
Posted by MsKay on :
TNOG is up 9% today again.
Posted by MsKay on :
UP 12%, GO GO GO!
Posted by onecentlotto on :
UP 20% Looking good !
Posted by MsKay on :
More news must be coming. Up 21.82%!!!!!!
Posted by onecentlotto on :
I think news must be coming. UP 36%
Posted by MsKay on :
Something good must be happenig! up 43%!!!
Posted by onecentlotto on :
I think tnog might run hard. UP 63%
Posted by legal1082 on :
Wow 58%! Keep rolling I got some old ground to make up
Posted by *Magnetic*Microspheres* on :
Sweet!
Posted by The Bigfoot on :
Fill me in. What's happening here? Are they expecting news soon?
The Bigfoot
Posted by legal1082 on :
Wow! We haven't seen penny land with this in a while.
Posted by onecentlotto on :
Can you say 81%.
Posted by legal1082 on :
Hey, obviously something is going on! No news yet
Posted by tgif on :
ran to .06 last year maybe a repeat
Posted by rimasco on :
LOOK AT HOW FPPL TRADED THIS AM....(WENT TO 012 pullback) BOOOOOM!!!!!!!!!!
Posted by The Bigfoot on :
Get out if you can. She's gonna go right back were she was. intraday MOMO play.
It has happened a couple times with this stock
Posted by tgif on :
back to hod- looks like an afternoon run
Posted by leavenart on :
Bigfoot say, 'been there done that', what?
Me too!
Posted by tgif on :
I see .0124 up 125% new high of the day
Posted by tgif on :
.0129 blowing the lid off
Posted by leavenart on :
Well, keep watching because these people are expert wordsmiths. One of their favorites is imminent. They may hit a gusher, but it will be an accident. They're incompetent at best and corrupt at worst. This is a rare bash post from me, but people need to know that this company has a primrose lane like a few others. All pennies are a gamble, but history repeats.
Posted by tgif on :
one bad well last year brought it down to this level. must be something brewing imo
Posted by microbull_trader on :
Looking like I caught 3 OIL/ENGERY Stocks like PMPG up 1000% in a day.
TNOG up 120% today
FMNJ caught it at the low today
IDCN got that cheap as well all up!!!!!
All off profits from PMPG!
Posted by The Bigfoot on :
Oil's hot right now, can't argue against that. Just don't know how it's all gonna settle. In the end there has to be some sort of progress to justify the jump ya know?
GLTU. I took my 100% and am staying away until I understand more.
The Bigfoot
Posted by legal1082 on :
I don't know what's happening, but it seems to be steadily moving upward. Still no news! I know oil is hot right now, but somethings got to be coming out shortly.
Posted by MsKay on :
This is great news! Still going up! OMOG is up today too. If you like TNOG, you will love OMOG. There's a thread here if there are some of you TNOGers who are looking for the next play. Do your own DD of course.
Posted by legal1082 on :
It's on the move again.
Thanks MsKay, I had omog about a year or more ago. I got out back then, what's going on with it now? I'll take a look at it. It might be too late though
Posted by MsKay on :
I don't think so legal. It has just started to move. Go to the omog thread and read all the DD we've all been doing lately. The lawsuit has been settled and we will know more about the actual settlement later this month.
I can't see how it won't hit at least .03 for the bottom.
K
Posted by MsKay on :
Up 154%. Go TNOG! Back to .05!!
Posted by legal1082 on :
Would be great to close at the high of the day
Posted by MsKay on :
Well it was a fabulous day anyway legal. Not quite closing at HOD but still UP 136%! I wonder what's up? Must be something really good.
Posted by microbull_trader on :
Yeah great day, with oil prices on the rise energy stocks are where its at. TNOG IS EXPECTED TO HIT .05 by end of bell on Friday!
Posted by leavenart on :
Expected by whom may I ask?
Posted by DmnCndn17 on :
I hate it when idiots get on here just blurting **** out like that.
Posted by leavenart on :
So, you don't know the answer either? By the way, who cares what you like?
Posted by leavenart on :
On reflection '17' I assumed you were responding to me. I may have been in error, so excuse me for that. There are too many people willing to just "blurt" out things like that, as if they have some special insight that the rest of us don't have. It's a free board, but that doesn't excuse mindless junk. A lot of us hope this stock does well soon, but we lost a lot of money from their falsely optomistic pr's last year. Without news not one work of that last pr means a thing. Nada.
Posted by microbull_trader on :
Looks like this penny oil stock will hit .05 or more again like last summer as oil prices are on the rise again. Up 136% yesterday and on the move with tons of volume.
Should have records profits again next quarter. Keep an eye on this one. Hopefully I can get some more shares in under 2 cents.
With record profits and oil prices on the rise, you do the math and the research this is an undervalued oil penny on the rise.
Posted by cool running on :
Looks like profit taking today.
Posted by kilikili on :
TNOG bouncing back up!
Posted by The Bigfoot on :
microbull,
It may well do exactly as you suggest but that won't be because of the "value."
It will be because of speculation.
Good luck to everyone trying to make money off the oil spurt.
Keep cautious.
The Big
Posted by leavenart on :
The only profit in this is the money provided by those who do not know the history of this stock and seem to not understand that until tnog actually has some oil they have no value. People, there are real producing oil companies out there. They actually make money!
Posted by MsKay on :
If you are playing pennies though you are obviously dealing with companies who are not yet "there" so to speak. However, playing the penny game is the epitome of knowing when to hold 'em, when to fold 'em, and of course when to buy them. The one thing I do like about TNOG is that you can go to the Texas Railroad website where they list all the oil and gas fields, activities, etc. and you can find Titan listed there with various activities going on. It is time consuming and you have to do multiple searches but you can find them. That's alot more info than you can get on alot of these companies.
Another thing that you must have with pennies is alot of volume. If no one is buying and selling then you are alot less likely to make money on it. TNOG always has volume.
You also need a history of "running" which TNOG definitely has. Yes what goes up invarably comes down but...if you catch it before it goes up...fun, fun, fun!! That's what were here for!
Stocks that are on the rise generally have bashers. When I look at all my DD and I see indicators that make ME think that a stock may be getting ready to run or maybe already has had a couple short runs and retraces and then I check the boards and I see bashers coming out, then I know that THEY must think it is going to go up or they wouldn't be bashing.
I've made money and I've lost money and like someone said on another thread, if we knew when it was going to run, we'd buy an hour before and make lots of money. It is all a guessing game.!
Posted by Stockstar69 on :
Well Said MsKay...Patience also helps. Can't expect to make 100% every day. If I can escape with 10% I'm usually happy. Anything more is just a bonus and makes up for the ones that go down.
Posted by cool running on :
MsKay you're 100% correct in what you've said. It's really a guessing game here in pennyland, not like trading the higher priced stocks where you can see institutions entering and exiting positions.
![[Smile]](smile.gif)