PGPM .011 says possible val of $33.15/sh in pr just out->
Pilgrim Petroleum Announces Record Income for Quarter and Increase of Potential Oil Reserves Monday May 1, 10:43 am ET
IRVING, Texas--(BUSINESS WIRE)--May 1, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News), an independent oil and gas company, announced today its plans of steadily working on increasing production in its current portfolio of leases on American Petroleum Corporation & General Energy Corp both subsidiaries and operators of Pilgrim. Based on a 12,000-acre portfolio of proven undeveloped fields in the area of Archer and Wichita County, Texas, Pilgrim Petroleum estimates very high volumes of recoverable reserves. If the whole estimated subsurface is taken into consideration when calculating the potential of recoverable oil, the estimation reveals an approximate of 900 million barrels of recoverable oil.
(Total reserves based on 12,000 productive acres 12,000 acres x 500 feet x 150 barrels per acre foot = 900 million barrels of recoverable oil)
The net effects for the valuation of Pilgrim's stock with this potential recovery can be calculated as follows:
At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets if fully developed. Pilgrim common stock could be worth approximately: $US10.07 billion divided by 322,720,011 common shares = $33.15 per share.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "With these projections in hand, our objectives as a firm are steadily being accomplished as well as our serious commitment to our nation's energy supply."
Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
-------------------------------------------------------------------------------- Source: Pilgrim Petroleum Corporation
Posted by Repoman75 on :
Radaring.. not missing another NDOL.
Give us the share structure!
Posted by superman7 on :
i am looking i am looking
Posted by Repoman75 on :
USed to be a STOCK STER pick in Dec. 05
Posted by J_U_ICE on :
my bad I posted another thread. this looks good
Posted by superman7 on :
they say shares could be $30+ has to move alittle on this lol
Posted by superman7 on :
10 times daily moving average..so volume is good too
Posted by TheCreator on :
yeah i've been watching all the buys come in since the PR and it still hasn't moved... that's the only thing that bothers me.
Posted by Johnwayne on :
OS is 324 million. That's all I could find.
Posted by lostone on :
it's not filling at the ask price, at least not yet.. taking a while
Posted by lostone on :
ok, it filled
Posted by moosehead9nc on :
yea, it too me a while too
Posted by moosehead9nc on :
bid just moved up now .01 x .011
Posted by buckstalker on :
BxA tightening
Posted by moosehead9nc on :
huge buys are coming in
Posted by lostone on :
wow, a mil shares just went thru
Posted by superman7 on :
ok just doubled my position
i am really likeing this one
Posted by lostone on :
dang, i sure hope this one rockets, especially now after being burnt by JPHC .. sold for a massive loss today..
Posted by superman7 on :
last time PGPM had heavy vol it 4 bagged (see June 05 on chart)
Posted by Johnwayne on :
Superman - what makes you so sure on this one? Could be a buyout target here, but that is a hunch not DD.
Posted by moosehead9nc on :
ask just moved to .013
Posted by lostone on :
quote:Originally posted by Johnwayne: Superman - what makes you so sure on this one? Could be a buyout target here, but that is a hunch not DD.
i think it's b/c of that PR
Posted by superman7 on :
well i like the way they value there shares at $30+ lol...i know they are probably not worth near that much but it could be worth .10 lol so i am likeing it...also the volume is huge makes me think it can can atleast be a 10 fold on that as momo comes is
Posted by Repoman75 on :
Post the link to Level II on pinksheets
Posted by buckstalker on :
Bid .01 NITE .01 ETRD .0065 UBSS
Ask .013 FANC .015 ETRD .016 UBSS .025 NITE
Posted by superman7 on :
the momo is going to come in here real soon now 20 times moving average!
Posted by deleet on :
im in at 0.011
Posted by lostone on :
is this being talked about on other boards?? be nice to have more exposure for that momo..
Posted by buckstalker on :
NITE just raised the bid
Posted by lostone on :
whoa! nice 1mil shares went thru at .013
Posted by buckstalker on :
ETRD raises NITE bid at .012 and a million share buy goes through at .013
Posted by moosehead9nc on :
here we go..
Posted by superman7 on :
12 by 13
Posted by lostone on :
man, if this is a 10bagger, i would make up for all my losses since march.. and some
Posted by moosehead9nc on :
who knows could be the next ndol
Posted by superman7 on :
look at the 1 mil buys coming in this could be a HUGE gainer
Posted by Johnwayne on :
Trying to get in here .013
Posted by redmax on :
wow, this thing is gonna explode. I'm tryign to get in at 13 cents may have to up it though
Posted by deleet on :
quote:Originally posted by Johnwayne: Trying to get in here .013
lol. good luck, it took me forever to get in at 0.011 earlier.
Posted by superman7 on :
i might buy for a 3rd time whne .015 is coming down
Posted by moosehead9nc on :
agreed
Posted by superman7 on :
all 3 mms at .012 on bid lol
Posted by Johnwayne on :
I filled boys. And I'm in big so let's hope this thing runs into a gapper tomorrow AM.
Posted by sportsguy on :
ask just raised to .014
Posted by Repoman75 on :
In at .013
Posted by moosehead9nc on :
what's the L2, any resistance at all?
Posted by superman7 on :
13 by 14
Posted by deleet on :
up 27.27%. here we gooooo
Posted by buckstalker on :
Bid .013 NITE .012 ETRD .012 UBSS
Ask .014 FANC .015 ETRD .016 UBSS .025 NITE
Posted by moosehead9nc on :
thanks, that looks beautiful, buys are holding steady at 14
Posted by superman7 on :
15 break is HUGE thats when i will get in for the 3rd time....maybe Posted by redmax on :
This thing is ready to explode. Already 14 million volume. I'm trying to get more filled at .014
This is an amazing PR!
Wish me luck
Posted by moosehead9nc on :
ask at 15...
Posted by superman7 on :
50 times daily moving average!
Posted by moosehead9nc on :
this thing is gonna fly
Posted by deleet on :
36.36% up
weeeeee
Posted by moosehead9nc on :
lunchtime lull is going to come
Posted by superman7 on :
look at the mms just keep coming on the bid we can seriously hit .05 today!
Posted by lostone on :
bought second time at .014 ..
Posted by Apollyon on :
I'm in at .014, couldn't get .013 in time. This thing is flying. Good luck all.
Posted by moosehead9nc on :
ask is up to 16
Posted by superman7 on :
here is .016 couldnt get in at .015 thinking about getting more at .016
Posted by sportsguy on :
I originally thought .015 was the wall too, but now I don't know!
Posted by superman7 on :
all 3 mms at .015 ON BID LOL
Posted by lostone on :
OMG .02
Posted by deleet on :
.015 the wall? no way. We're at 0.016, up 45.45% folks
Posted by superman7 on :
this can hit .05 today!
Posted by moosehead9nc on :
this stock is soaring...
Posted by deleet on :
scratch that, 63% up and flyingggggggg
Posted by sportsguy on :
Yep, I was way off on this one... Good luck to all who are in!
Posted by deleet on :
jesus, this thing is a friggin madman.
Posted by moosehead9nc on :
yea it blew thru 15-18
Posted by superman7 on :
lets see .05! they value there shares at $30+
Posted by lostone on :
i hope we hit .10 today.. as we should since the projected price is $33 .. come on baby..
Posted by doubleS on :
this is going to be big the rest of the week maybe just maybe this is the next NDOL
Posted by moosehead9nc on :
i think this just might be the next ndol
Posted by superman7 on :
i am going to sell maybe half today the rest i am holding for the jackpot!
Posted by buckstalker on :
Bid and Ask both at .019
Posted by superman7 on :
the bid is higher then the ask lol
this one will be HUGE
Posted by moosehead9nc on :
lol yea, im seeing that too
Posted by buckstalker on :
VERT joins the party with a bid of .02
Posted by deleet on :
holy crap, over 100% up !!!!!!!!!
Posted by doubleS on :
I hope so I watched ndol go up everyday thinking it was going to fall hard everyday missed a big play on that one.
Posted by superman7 on :
what the heck is going on here lol the bid looks like the ask side and vice versa
Posted by moosehead9nc on :
im getting an ask of 19, but a bid of 22 ...
Posted by buckstalker on :
ETRD went to .098 on the ask...
Posted by superman7 on :
24 by 25
Posted by moosehead9nc on :
ok its 23 x 25, what do you predict the eod will be?
Posted by doubleS on :
.022/.019 makes no since or is it my scottrade
Posted by redmax on :
Folks, this things has the potential of being a 10 bagger or more. People are just notciing it now. This PR is amazing and the entire week will be great.
They said their shares are worth $33 and its trading at 2 cents lol
Now if this isn;t a sign to buy then nothing is!
Posted by captain america on :
crap! i tried to get in since .011 didnt fill.. missed the boat i guess.
Posted by superman7 on :
here comes .10!
Posted by moosehead9nc on :
ask just moved to .03, omg this is gonna fly
Posted by edgewise on :
holy hell. i saw this this morning when you posted. coulda bought at .11. damn. amazing. wow.
Posted by deleet on :
folks, this thing is up over 172%
this is freaking insane.
Posted by redmax on :
3 cents!
Posted by doubleS on :
I havent been on a runner like this in awhile
Posted by moosehead9nc on :
good eye on this superman
Posted by superman7 on :
this is our big one!! dont throw this ticket away
i am only selling half today
Posted by Johnwayne on :
Nice call here SUper. Just hope it holds through the day and gap's in the morning. We should see EOD explosion if we can hold above .02. How can you beat if fellas? I got in and out of CHDT, 1/2 hour play, this morning with 50%, now up over 100% here already.
Posted by buckstalker on :
If you are going to sell...SELL at the ASK damnit
Posted by doubleS on :
nice find superman
Posted by KublaKhan on :
Holy crap I wish I would have got filled at .013 like I was attempting to do.
Posted by superman7 on :
people are looking for a dip but if u read the pr they value there sahres at more then $30!!
so i dont see much of one happening!
Posted by deleet on :
went down a little, but rising fast again.
Posted by Homersbud on :
YES!!!!!!!!! I got in at $.014!!! Let's go PGPM!!!!!!!!!!
Posted by superman7 on :
if u sell at the ask u will get filled easily with this volume t would be so easy!
Posted by moosehead9nc on :
ask just moved to .035
Posted by buckstalker on :
I'm riding this one out here...I am NOT selling a single share...way too strong...
Posted by superman7 on :
i am holding the majority of my share(ALOT) till .10 i sold a few at .03 now all my shares are free Posted by matto on :
super man thanks i just spent alotttt of cash thank yuo
Posted by moosehead9nc on :
is there no resistance at all?
Posted by lostone on :
i'm holding until we're over .05 then sell my half..
Posted by mnvestor on :
0.035+++++
Posted by moosehead9nc on :
i can't keep up with the b x a its moving too fast heh
Posted by matto on :
.10 easy on this one
Posted by redmax on :
This has to be one of the best PR's I have seen in my 15 years trading. This stock could be trading at 25 cents or more at the end of the week. I'm serious here folks, this could be the ticket to rishes. I'm not selling any of my shares until 15 cents atleast.
I'm so excited about this thing.
Posted by moosehead9nc on :
matto u in?
Posted by superman7 on :
this one is gioing to see .10 wooohooo i needed this Posted by superman7 on :
i regret selling the 10% of shares i won at .03 lol maybe i am going to buy more on the dip Posted by Double Diamond on :
sold half and I'm riding for free
Posted by doubleS on :
who keeps selling at the bid price, stop it
Posted by lostone on :
when the big boys notice this one, to the moon!
Posted by moosehead9nc on :
looks like .04 is the new barrier
Posted by superman7 on :
the next legs are coming the .05 and .10 breaks are huge!
Posted by moosehead9nc on :
dang, i got class in like 30 mins, lol
Posted by lostone on :
idiots selling at the bids
Posted by superman7 on :
no bidwacking please people sell at the ask this one is big and ur order will get filled
Posted by moosehead9nc on :
bid and ask is tightening
Posted by superman7 on :
here comes our .05 break can we see $1 lol
Posted by moosehead9nc on :
yea its getting tighter, that ask should move up soon
Posted by lostone on :
quote:Originally posted by superman7: here comes our .05 break can we see $1 lol
i'm not that greedy.. i'm so happy already.. made up for my losses since march.. would be nice to go some extras..
Posted by superman7 on :
yeah this one covered all my losses for friday and today and them multiplied what i loss in to a gain by 10! and i thikn this will still go alot higher
Posted by lostone on :
come on.. i saw that .046 for a brief moment.. lets break this 4-wall
Posted by matto on :
am i in hell yea ALOT
Posted by superman7 on :
good boy matto what u get in at ?
Posted by doubleS on :
whats the limit on this one any ideas
Posted by matto on :
.023,.025 and .03 i was buying so much it was jumping
Posted by moosehead9nc on :
ask up to that .05 !!
Posted by deleet on :
336% you guys.
its tempting, but dont sell yet. This one is going to run farther.
Posted by Double Diamond on :
Superman,
You're my idol !
Yeah !!!!!
Posted by redmax on :
I got 320,000 shares at 0.013. What a great stock. Not selling any at all until atleast 15 cents. This stock is headed much much higher
Posted by captain america on :
superman you are my hero!
Posted by superman7 on :
this will be a huge gap tommorow dont forget that! more peopel will see the pr and it will go up more i am putting the rest of my 350 000 shares at $1 Posted by Double Diamond on :
Superman,
I couldn't give you more then 5 stars. Sorry, mate !
Posted by moosehead9nc on :
this thing is going to be BETTER then Ndol's run
Posted by mnvestor on :
0.10 by EOD
Posted by deleet on :
yeah, i gave ya 5 stars too supe.
Posted by Repoman75 on :
HOLY SHEET! I left for 1/2 hour when it was up 27%, NOW up 350%!!! HOLY SHEEEEEEEEEET!
THANK CHRIST I SOLD MY JPHC AT .0004 AND BOUGHT THIS AT .013!!!
NOT SELLING 1 SHARE UNTIL .10 AT LEAST!!!
SUPERMAN IS GOD!!!
Posted by superman7 on :
thanks guys...but i dont even care for the stars i have 2 and it doesnt botter me one bit..but thanks!
Posted by redmax on :
L2's:
Buy .05 X2 .045 X2 .042
Sell .05 .07 .098
Posted by deleet on :
it hit 400% for a sec.
Posted by moosehead9nc on :
its actually bouncing back and forth a lot between 5 and .055
Posted by Repoman75 on :
Ok, we need investigation now!
Is anyone aware of a group play or a pump n dump on this? If so, I want to lock in profits end of day... is STOCK STER on this??
Check the other sites!
Posted by moosehead9nc on :
... broke the .05 barrier now to 6
Posted by deleet on :
quote:Originally posted by moosehead9nc: its actually bouncing back and forth a lot between 5 and .055
yep, it sure is
no ********* involvment. up 445% now.
Posted by buckstalker on :
.06 it is...
Posted by moosehead9nc on :
ton of buys coming through at .06 !!!
Posted by superman7 on :
its pr thats causing this go up nothingelse!
no group or nothign like that
Posted by Repoman75 on :
RB doesn't even have a site for this yet!!! Wait till those clowns get wind of it!
Posted by TheCreator on :
damn and to think i almost bought 5k worth * .011
oh well gotta wait for the next one, good job guys Posted by lostone on :
after this 5 shake, we'll shoot pass 6
Posted by redmax on :
No group play. Did you read the PR?
Posted by buterjames on :
quote:Originally posted by Repoman75: RB doesn't even have a site for this yet!!! Wait till those clowns get wind of it!
yes... Posted by lostone on :
quote:Originally posted by redmax: No group play. Did you read the PR?
well, i'm sure all the groups are jumping now.. lol
Posted by deleet on :
quote:Originally posted by Repoman75: RB doesn't even have a site for this yet!!! Wait till those clowns get wind of it!
lol, yeah 5 million posts a second from clueless people and bashers.
its almost 1, lunchtime is almost over. Could see a spike then perhaps from ppl getting back from lunch?
Posted by TheCreator on :
is the company dumping shares? i just saw like 15million go through at like .012
Posted by Hold-em-er-fold-em on :
What the heck was that .0124?
Posted by doubleS on :
this is going to be one hell of a play next couple of days
Posted by superman7 on :
the .0124 print doesnt mean they are dumping it could be mms filling late orders
this is going to see .20 at this rate!
Posted by deleet on :
back at 445%, helll yeah
lol. i can barely give any attention to other stocks that are trading because of this one.
Posted by moosehead9nc on :
just broke through .06 here come .10 !!!
Posted by redmax on :
what was up with the 15 million shares at .0124?
Posted by captain america on :
freekin amazing!
Posted by superman7 on :
130 times daily moving average WOWWWWWW
Posted by redmax on :
yeah makes sense it was the mms filling late orders..
this thing is gonna sjoot up massively now
Posted by Hold-em-er-fold-em on :
More MM's jumping on!
Posted by superman7 on :
lets see .25 i only have 200 000 shares left
i am holding these till .25 and the i will hold about 100k till $1 Posted by mnvestor on :
how about estimates * $70-80 per barrel???
Posted by Hold-em-er-fold-em on :
Come on lets see .10 in the next hour!
Posted by lostone on :
i hope that 15mil was some idiot trying to set at .124
Posted by Repoman75 on :
I'm jizzing in my pants!! CPR WILL BE NEEDED SOON!!
Question is to hold overnight or lock in profits.
Posted by MoneyMoneyMoney on :
I'm in. .07 and still flying. 20k shares.
Good luck all and thanks superman7!
Posted by deleet on :
lunchtime is over and this thing is flying.
Posted by Hold-em-er-fold-em on :
.08's
Posted by IVV on :
I wish I'd have had money to get in on this...congratulations....please let something like this happen again in my life time
Posted by redmax on :
check out all the MMs lined up at 7 cents. This thing isnt gonna have a pullback any time soon.
Posted by lostone on :
quote:Originally posted by superman7: lets see .25 i only have 200 000 shares left
i am holding these till .25 and the i will hold about 100k till $1
when did u dump ur half? i was thinking .05 then i changed to .07 , then i changed to .085 .. lol i can't make up my mind
Posted by Repoman75 on :
80,000 shares!! F*CK! And I'm wwiting on 20K to clear Ameritrade... should have wired the money! I'd be up 100K!!!
Posted by J_U_ICE on :
This is great glad I got in early
Posted by icraig21 on :
Need help, should I get in now, or has the boat sailed?
Posted by Hold-em-er-fold-em on :
.10 on the horizon
Posted by MoneyMoneyMoney on :
Wish I did but I'll always take what I can get!!
Posted by superman7 on :
haha good job guys who are holding everything i have sold only 20% of my shares but still regreting it lol
Posted by mnvestor on :
Still time IMO, should see 0.10 today, if not 0.13
Posted by MoneyMoneyMoney on :
Printing .10!!!!!!!!!!!!!!
Posted by rob hill on :
wow a monster today, will little david kill it or will the monster continue to run higher and higher leaving all little people behind? awesome potential especially with oil and summer plays Wow!!! boooyahhh did it just it .10 WOWZERS
Posted by doubleS on :
did i see that right .10 already
Posted by superman7 on :
he is the .10 dip should break .10 very soon!
Posted by Repoman75 on :
.15 EOY CLOSE!!!!!!!!
SUPERMAN IS GOD! MAKE HIM A MODERATOR ON THIS BOARD!
Posted by J_U_ICE on :
this is incredible
Posted by Repoman75 on :
BOOYAH JIM, BOOYAH!!!!!!
MM's have mirror trades!! THEY HAVE NO SHARES!!!
Posted by superman7 on :
haah thanks repo but no thanks lol
Posted by lostone on :
i will thank superman after all my shares are sold.. heheh..
Posted by superman7 on :
back to .10
Posted by Hold-em-er-fold-em on :
OMG ! this is increadible
Posted by PCola77 on :
Congrats to all of you who got in. I feel nauseaus because I didn't have any free funds and didn't think it woul dkeep going up. Coulda bought in for $2K at .20. I'm gonna go cry now.
Posted by J_U_ICE on :
I love Mondays
Posted by matto on :
$US10.07 billion divided by 322,720,011 common shares = $33.15 per share. lol hold on baby
Posted by Hold-em-er-fold-em on :
Tighten that spread dang it!
Posted by BuyTex on :
killer, good one, fellas...
nice catch, Superman
Posted by Repoman75 on :
NO SELLING UNTIl .50.
I'm making 40K or bust.
Posted by superman7 on :
thanks buytex...been a good year for me Posted by matto on :
the train has been pulled out of the station....
hooot hooot super big kiss bro
Posted by superman7 on :
repo, the remaining shares i am holding are a hold for me uptil about that area too
goodluck
Posted by MoneyMoneyMoney on :
Ask .10 bid .09!! I like it, I love it, I want some more of it!
Go PGPM!!!
Posted by Repoman75 on :
Anybody trying to buy here? Are you easily getting filled?
Posted by Hold-em-er-fold-em on :
breaking .10
Posted by MoneyMoneyMoney on :
Had trouble X .0065, so changed to .07 and took nicely.
Posted by iamsparticus on :
i filled easy at .087
Posted by Repoman75 on :
Once we clear the cowards at .10, see ya at .2!
Posted by Hold-em-er-fold-em on :
It will jump alot quicker now!
Posted by MoneyMoneyMoney on :
Fly baby Fly!!!! Keep running. L2's?
Posted by matto on :
agreed!!! next stop .15
Posted by lostone on :
it's gonna hit a wall at .11, cuz i'm selling my half.. lol
Posted by Repoman75 on :
MM's picking up shares here .
LOOK AT THE BUYS!
Posted by MoneyMoneyMoney on :
not if this stock is worth 33 dollars a share. You'll be bought up quickly.
Posted by MoneyMoneyMoney on :
900% printing. I'm just glad to be in!!!!
Posted by Repoman75 on :
MM's picking up shares here .
LOOK AT THE BUYS!
100K bought at .11... AFTERNOON RUN!
Posted by mnvestor on :
0.20 coming sooner than later
Posted by lostone on :
geez, i changed my mind again, moved it up to .13
Posted by buckstalker on :
ETRD just moved to .30 on the ask
Posted by Hiker on :
Man...you guys that got in below .020....way too go..
I didn't get in til .060 but it's still doing good for me.
Where will this end. Thinking of selling at .125
Posted by Repoman75 on :
Not one share sold for me until .25 or EOD.
Posted by J_U_ICE on :
I'm riding free shares (90k) to the promise land
Posted by MoneyMoneyMoney on :
I keep wondering why you guys want to give up your shares so cheap according to the figures.
Posted by CRab on :
how big of a retraction do you guys expect? or is this just going to keep going?
Posted by Hiker on :
.13... OMG... when will it end..??
Posted by lostone on :
quote:Originally posted by Hiker: .13... OMG... when will it end..??
lol.. u want it to end?? no more .13 for me moved up maybe last time to .164
Posted by Repoman75 on :
Retraction? Not today. Maybe tomorrow morning... but could it gap tomorrow morning???
.25 or bust!
Posted by Hold-em-er-fold-em on :
.13 coming down
Posted by nammer21 on :
do 10x baggers actually gap??
Posted by lostone on :
quote:Originally posted by nammer21: do 10x baggers actually gap??
maybe, since it's still nothing compared to the estimated price in PR
Posted by J_U_ICE on :
quote:Originally posted by BuyTex: killer, good one, fellas...
nice catch, Superman
Catching this one makes my venting about ITGI short-lived
Posted by NoWhen2HoldEm on :
Alright fellas....I'm in for 25k at .13
Good luck to me and us!!!!
Posted by nammer21 on :
quote:Originally posted by lostone:
quote:Originally posted by nammer21: do 10x baggers actually gap??
maybe, since it's still nothing compared to the estimated price in PR
I'm not sure a %33 pps is very realistic Posted by gfm50 on :
Is .1 still a good buy price?
Posted by Repoman75 on :
.25 or BUST!! NOT ONE SHARE SOLD!
HUGE BUYS AT .13 - THIS THING JUST GOT NOTICED BY SOMEONE(s)
Posted by MoneyMoneyMoney on :
yea, but to even get to a dollar would be something!!!
Posted by Hiker on :
I doubt you'll get in at .10
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: .25 or BUST!! NOT ONE SHARE SOLD!
HUGE BUYS AT .13 - THIS THING JUST GOT NOTICED BY SOMEONE(s)
Ya nice buys coming in at .135
Posted by buckstalker on :
Bought at .011 haven't sold a share...looking for .20 to .25 here
Posted by invester on :
I bought 500k. Holy ****. This will be at a $1 by the end of the week.
Posted by deleet on :
same here. i got in at 0.011 !!! woooo hoooo
Posted by iamsparticus on :
I love looking at the mini chart on my ameritrade account and seeing the chart go from penny to nickel increments. Just a great moment of reflection on the day...anyone else shares this moment?
Posted by invester on :
I'm in at .09, .11, and .13. 500k.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by iamsparticus: I love looking at the mini chart on my ameritrade account and seeing the chart go from penny to nickel increments. Just a great moment of reflection on the day...anyone else shares this moment?
NOT A MOMENT , BUT IM ABOUT TO HAVE A MOVEMENT! Posted by doubleS on :
investor you think we can get a dollar out of this?
Posted by invester on :
Huge, huge gapper in the morning.
Posted by J_U_ICE on :
quote:Originally posted by buck*******: Bought at .011 haven't sold a share...looking for .20 to .25 here
Bought 100k at the same sold 10k at .11
Posted by Hold-em-er-fold-em on :
SHAKING THE TREE ! Posted by Stockstar69 on :
WOW... .135. This thing is hot!!! Posted by J_U_ICE on :
Back to .105 - buying time again?
Posted by superman7 on :
here is our dip i am holding the rest fo the shares have!
Posted by Fuzzy1018 on :
it will go back up any mnt
Posted by mnvestor on :
huge buying opportunity IMO
Posted by DmnCndn17 on :
im sure you guys are freaking happy today...up 1000 percent...thats insane...too bad im tapped out. Im hating right now.
Posted by Repoman75 on :
SHAKE!
Posted by Fuzzy1018 on :
im in and waiting for it to go to .2 today
Posted by kittykash on :
I'm coming in on this dip.....
Posted by invester on :
You can't look at it like it's up 700%, it will gap. You have to look at it like it's undervalued by several dollars.
Posted by deleet on :
lol even the shakes are weak. you can't stop this thing.
Posted by J_U_ICE on :
I'm staying and riding it out
Posted by Fuzzy1018 on :
definatly going to ride it out aswell
Posted by Hold-em-er-fold-em on :
This is accumulation!
Posted by deleet on :
now is the time to get in if you missed it earlier, its dipping but not for long.
Posted by gfm50 on :
Any guesses for later in the week price?
In with 24000 shars at .125
Posted by Repoman75 on :
Coming down somewhat to fill the gaps... watch the daytraders jump back in if it hits .08
Posted by mnvestor on :
reversing, stong buy here
Posted by Fuzzy1018 on :
this thing will go further up today thats for sure
Posted by Fuzzy1018 on :
there it goes again
Posted by Hold-em-er-fold-em on :
back up we go!
Posted by invester on :
In for 500k. This is so undervalued. Mid .50 tomorrow? I think it could be higher.
Posted by Stockguru06 on :
really amazing...
Posted by redmax on :
This entire week is gonna be amazing. The O/S and Barrels of oil are about the same as Ndol. Ndol is just a little further ahead in the game. 20-30 cents by the end of the week is a strong possibility IMO, maybe more
Posted by sportsguy on :
I'm amazed at how well this is doing. I don't think anyone realistically sees the pps anywhere near $33, but it sure has made for a good day. Let's hope at least the rest of the week is good!
Posted by gfm50 on :
Wow amazing find.
Their earnings per share are just incredible...
Probably not $33 but they are huge.
Posted by Repoman75 on :
Trying to get more... anybody getting filled at .12?
Posted by matto on :
everyone make it through the dip ok
Posted by Fuzzy1018 on :
c'mon baby lets break that HOD
Posted by sportsguy on :
What is the hod so far?
Posted by redmax on :
$33 per share is not gonna happen, however in the mid term $3-$4 is possible. Short term 50 cents
Posted by undefined on :
quote:Originally posted by matto: everyone make it through the dip ok
That depends - is it too early to start drinking?
Posted by gfm50 on :
quote:Originally posted by Repoman75: Trying to get more... anybody getting filled at .12?
Got filled at .125
Dammit I wish I had woken up earlier repo I could have already beat my losses with JPHC lol...
Posted by buckstalker on :
Holding every share...
Posted by invester on :
quote:Originally posted by invester: You can't look at it like it's up 700%, it will gap. You have to look at it like it's undervalued by several dollars.
Posted by moosehead9nc on :
im going to have to buy you a beer super
Posted by J_U_ICE on :
Enjoyed the dip gave my heart a break
Posted by mnvestor on :
I'll take 10% of their projected PPS, incredible opportunity
Posted by gfm50 on :
quote:Originally posted by redmax: $33 per share is not gonna happen, however in the mid term $3-$4 is possible. Short term 50 cents
Oh right, but its earnings per share are certainly incredible.
Posted by Repoman75 on :
Yes sir matto, but couldn't get filled at .09 or .1... now trying at .12
Posted by SYGY on :
newbie///but got 39000 ndol at .21 and now 22000 at 025 of this pretty little girllll///go go FLAMES and stocks
Posted by Hold-em-er-fold-em on :
quote:Originally posted by J_U_ICE: Enjoyed the dip gave my heart a break
So true!
Posted by Fuzzy1018 on :
.135 HOD, many buyz comin' in
Posted by Repoman75 on :
JPHC is just a bad dream now....
Filled at .121 again maxed out with 100K shares... c'mon .25
Posted by Hold-em-er-fold-em on :
we need to break through this .12!
Posted by lostone on :
glad i dumped my jphc for a massive loss.. only to gain more than 10X
Posted by PCola77 on :
Sorry to ttell you guys, but I just got in for some. That should send the price plummeting any moment now.
Posted by gfm50 on :
quote:Originally posted by lostone: glad i dumped my jphc for a massive loss.. only to gain more than 10X
LOL I hope I can say the same by the EOW.
Posted by Repoman75 on :
Mirror trades... get ready for an explosion up.
Posted by gfm50 on :
quote:Originally posted by PCola77: Sorry to ttell you guys, but I just got in for some. That should send the price plummeting any moment now.
lol
Yeah you were the one who killed JPHC!
Posted by jakeo on :
got some a few mins ago at 12... pretty ez fill
Posted by PCola77 on :
Right on cue... I'm already down 20%+
quote:Originally posted by PCola77: Sorry to ttell you guys, but I just got in for some. That should send the price plummeting any moment now.
Posted by Stockstar69 on :
Still jumping .10 - .12. Sold 1/2 and letting the rest run free. Imagine if it does go to $30.00.
Posted by matto on :
quote:Originally posted by undefined:
quote:Originally posted by matto: everyone make it through the dip ok
That depends - is it too early to start drinking?
no at 500% i started doing shots
Posted by MoneyMoneyMoney on :
Yup, me to. The only way to go. Then you have no worries, except what to do with the money if it does go up.
Posted by dkinvest on :
Repo,
I read the PR to this - HOLY SHEET!!!
I SOLD JPHC - In on this now. GLTA!!
Need to recover my AZZ!!!!!!!!!
Posted by sportsguy on :
Last chance for .10?
Posted by redmax on :
lol, don't worry it will start heading back up son. buyers are just learning about this monster
Posted by Hiker on :
Sold all at .13
Tripled my money...that's all that counts.
What's next???
Posted by gfm50 on :
quote:Originally posted by PCola77: Right on cue... I'm already down 20%+
quote:Originally posted by PCola77: Sorry to ttell you guys, but I just got in for some. That should send the price plummeting any moment now.
hehe
Posted by kittykash on :
this dip coming up might hit .08, that's what I'm waiting for. I hope, sorry guys, but you know you have to bring that RSI down to be a bet healthier...yes? Any other opinions of what I can get in at, how low a dip..
Posted by dkinvest on :
The gains on this will put NDOL to shame!!!!!!!!
Posted by Johnwayne on :
Same here GFM50. Makes it all the better that it is with JPHC money. A good example of why you need to cut your losses.
Posted by Repoman75 on :
Can anyone post the level II link for pinksheets?
Posted by buckstalker on :
If I find out that anyone on this board is selling at the bid...I will personally kick your azz...JK...Seriously...DO NOT SELL AT THE BID
Posted by buckstalker on :
Bid .10 x 3 .09 x 3 Ask .105 x 2 .11 x 1 .13 x 1
Posted by invester on :
Looks like everyone is holding. This should go much higher through out the week.
Posted by Stockstar69 on :
This thing is crazy...I should have bought $1,000.00 this morning instead of $200.00. Oh well! maybe next time.
Posted by redmax on :
L2's
Buy 3X 0.10 3X 0.09
Sell 2X 0.105 0.11 0.14
Posted by gfm50 on :
quote:Originally posted by Johnwayne: Same here GFM50. Makes it all the better that it is with JPHC money. A good example of why you need to cut your losses.
Yup exactly.
Posted by iamsparticus on :
A gain is a gain stockstar.
Posted by J_U_ICE on :
quote:Originally posted by gfm50:
quote:Originally posted by Johnwayne: Same here GFM50. Makes it all the better that it is with JPHC money. A good example of why you need to cut your losses.
Yup exactly.
I wish I were using PAIM PBHT money
Posted by buckstalker on :
That's it...I'm not kidding anymore!
Posted by Johnwayne on :
I am giving thought to jumping in here. Bought some this morning at .013 and haven't sold. Anybody see an end of day run coming here? Can't believe I'm thinking of jumping in a stock that's up 700%. But heck I've got so much profit already why not?
Posted by Hiker on :
I was very lucky to get out at .13
I was running out of Pepto Bismo.
For you guys that got in at .12 or more... I would think this thing would go up alittle more. Hold tight.
Posted by Repoman75 on :
Setting up for EOD run... question is, do we have any predictions for the morning? I know all week will be good is my guess, but what about the morning?
Posted by mnvestor on :
If a gap occurs tomorrow, everyone in under 0.15 should do very well
Posted by superman7 on :
this will make a new HOD by eod i am sure of that...no more selling from me
and please if u do sell, sell at the ask!
Posted by TheCreator on :
what makes you think their will be a new HOD? i'm thinking about jumping in
Posted by J_U_ICE on :
This will close fast today
Posted by Hold-em-er-fold-em on :
Big buys coming through at the ask!
Posted by sportsguy on :
Close at .0135? Still more than hour and a half to go, but we shall see...
Posted by SuperSniper00 on :
I jumped in at .105...hope it still has gas left in the tank and doesnt just...tank.
Posted by Repoman75 on :
Base is at .10 now.
Posted by superman7 on :
sportsguy i mean it will set a new HOD by close that could be at .135 or 1.035 all i am saying is wee will see a close at HOD Posted by Johnwayne on :
Sell? Heck I just bought more at .105!
Posted by Hold-em-er-fold-em on :
9 pages on this thread since 11am! LOL You got to love it!
Posted by Repoman75 on :
Superman, how do you find these so early? Just reading the news wires?
Posted by J_U_ICE on :
there should be one of theses stocks everday
Posted by MoneyMoneyMoney on :
Worth all thousand percent!!!
Posted by letitrideboy on :
am I to late!! My luck I sell for a huge loss at JPHC and buy here and drop another 50 percent lol
Posted by Hold-em-er-fold-em on :
quote:Originally posted by J_U_ICE: there should be one of theses stocks everday
I could live with that!
Posted by SuperSniper00 on :
If you watch Stockhouse.com and stockwatch.com all day you can get the news as it crosses the wire. Usually if the stock announced large $$ contracts, large $$ revenues or is making an acquisition or merger the stock can see 20-60% for the day. It's a good strat if you have the time to watch all day.
Posted by MoneyMoneyMoney on :
Just to remind everyone!!!
quote:Originally posted by superman7: PGPM .011 says possible val of $33.15/sh in pr just out->
Pilgrim Petroleum Announces Record Income for Quarter and Increase of Potential Oil Reserves Monday May 1, 10:43 am ET
IRVING, Texas--(BUSINESS WIRE)--May 1, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News), an independent oil and gas company, announced today its plans of steadily working on increasing production in its current portfolio of leases on American Petroleum Corporation & General Energy Corp both subsidiaries and operators of Pilgrim. Based on a 12,000-acre portfolio of proven undeveloped fields in the area of Archer and Wichita County, Texas, Pilgrim Petroleum estimates very high volumes of recoverable reserves. If the whole estimated subsurface is taken into consideration when calculating the potential of recoverable oil, the estimation reveals an approximate of 900 million barrels of recoverable oil.
(Total reserves based on 12,000 productive acres 12,000 acres x 500 feet x 150 barrels per acre foot = 900 million barrels of recoverable oil)
The net effects for the valuation of Pilgrim's stock with this potential recovery can be calculated as follows:
At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets if fully developed. Pilgrim common stock could be worth approximately: $US10.07 billion divided by 322,720,011 common shares = $33.15 per share.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "With these projections in hand, our objectives as a firm are steadily being accomplished as well as our serious commitment to our nation's energy supply."
Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
last 2 PRs in February AH THE POTENTIAL
Posted by Hold-em-er-fold-em on :
who is ever selling at the bid is screwing up the run!
Posted by netfreak on :
I just bought in at .13 is this thing going to continue running or has it lost all its breadth???
Posted by Repoman75 on :
It's mirror trades.. MM's trading between each other.
Posted by buckstalker on :
If you are selling at all...you are crazy. If you are selling at the bid...you are STUPID!!!
Posted by Repoman75 on :
Netfreak, just hold until the end of May.. and see .50
Posted by mnvestor on :
It will run, be patient, news is still spreading..patience
Posted by Repoman75 on :
Does anyone have the actual link to pinksheets Level II? If you give the link I can bookmark it and watch it.
Posted by sportsguy on :
After a .10+ run up, it's hard to be patient when this thing spoils you!!!
Posted by Johnwayne on :
It will run EOD for sure. We are resting here. I like what it's done here so far. A little pullback will make the EOD run stronger and possibility of gap in the AM more likely.
Posted by kinglupid on :
I hate all of you! 8)
Posted by iamsparticus on :
Just think folks...who would have thought that a pullback would consist of a 250% pullback...went from a 1089% gain to only a 809% gain.
Posted by letitrideboy on :
bah....BAH
Posted by superman7 on :
i suggest people to sell like 20% of there shares if they got in cheap so that they can ride free shares after that HOLD HOLD HOLD cause i think this one is going higher
Posted by Repoman75 on :
Holding............... 100K strong at .013, .12 and .105.... not selling 1 SHARE until .25 or highter.
Call me stupid but without risk, there is NO REWARD.
Posted by captain america on :
riding free shares! bought at .04 thanks agian superman i see you doubled your star rating today ..
Posted by letitrideboy on :
yay superman some good news for me I think I am going to get in this
Posted by superman7 on :
yeah captain that happens when u pick 1000% gains lol...but hoesntly this whole year has been good for me, my portfolio has went up by 10 fold these last few monthes so this is just some iceing on a cake that already tasted so good
Posted by Hold-em-er-fold-em on :
stacked up on the bid 3 deep! They want shares!
Posted by iamsparticus on :
Repo, I do have to say that strategy is exactly why most people think the stock market is crazy to be involved with. If you hold stocks like this and do not take any profit off you deserve to lose it all. I think it will go up too but damn if I sit here and watch folks lose their gains just as fast as you got them today. Hope you dont take this the wrong way...just need to smack some sense into your cause I dont want to read about you killing yourself for losing all that money. Posted by BuyTex on :
I haven't checked 'em, but financial filings seem to be good, according to chatter elsewhere...some peeps been following 'em and saw an upturn in the most recent filing. That's what's being said, anyway. As I say, have not looked myself...
Posted by Johnwayne on :
Superman - I know you don't eat steak but my offer still stands: Iowa Rib eye sweet corn watermelon and my wife will serve you topless. Not service you!!!! Serve you!
Posted by Hold-em-er-fold-em on :
----
Posted by Repoman75 on :
Here comes the EOD run.. little early, but..
Posted by superman7 on :
haha john sounds good i will look u up if i ever come to IOWA lol
Posted by MoneyMoneyMoney on :
WOw, very nice Johnwayne, what a gift!!!
She's aheading back up.
Posted by just_25 on :
in at .105, I agree we will close at hood, question is, are we seeing gains tomorrow??? My guess is we will either surge forward again, or have a small selloff tomorrow and surge forward by EOW. I love the thrill of not knowing!
Posted by Repoman75 on :
True... but I'm postive this isn't a pump n dump, and the float is low, so getting back to my average of .02 will be hard.
Looks like MM's have shares or need shares and will push this higher now??
GUESSES ON EOD CLOSE? - .15 for me
Posted by superman7 on :
my guess for close is .185 probably higher then alot of people but thats what i am thinking
but hey what do i know!
Posted by letitrideboy on :
Repo give me half your shares at .02
Posted by Repoman75 on :
And to think I was watching Boiler Room last night... must have been an Omen.
Posted by Hold-em-er-fold-em on :
good buying pressure here!
Posted by Johnwayne on :
Calm down boys - My wife doesn't know I made the offer yet!!!! If she doesn't go for it it might have to be me serving you topless!!! God knows you wouldn't want to see that!
Posted by Repoman75 on :
Letitride - how about if it hits $33, I'll give you back every loss you ever had in the market?
Oh, and look for a buyout of this company. No such thing as small oil companies anymore.
Posted by dkinvest on :
quote:Originally posted by Repoman75: Letitride - how about if it hits $33, I'll give you back every loss you ever had in the market?
Oh, and look for a buyout of this company. No such thing as small oil companies anymore.
Dare we mention buyouts? lol
Posted by letitrideboy on :
woo hoo Repo I will take it!! Actually my losses total up to only about 500 dollars so it won't cost you much! hehe I dont usually buy high and tank. JPHC just caught me off guard
Posted by letitrideboy on :
omg i sell my pos JPHC and buy in here..it sells right after I buy with unsettled funds... I get stuck in an ENRON for 2 years! HAHAHAHAHA
Posted by just_25 on :
quote:Originally posted by Repoman75: Holding............... 100K strong at .013, .12 and .105.... not selling 1 SHARE until .25 or highter.
Call me stupid but without risk, there is NO REWARD.
Nice Repo, hopefully this will get us off our short term PTSC blues!
Posted by Repoman75 on :
Mirror trades all over the place.
Posted by sportsguy on :
Are mirror trades good or bad?
Posted by Stockguru06 on :
i am going to call all my investments need to put out a pr where they say how much there stock could be worth...
Posted by gfm50 on :
quote:Originally posted by letitrideboy: omg i sell my pos JPHC and buy in here..it sells right after I buy with unsettled funds... I get stuck in an ENRON for 2 years! HAHAHAHAHA
ahahaha
Posted by superman7 on :
GUYS WATCH FPPL...... I JUST BOUGHT A TON!
Posted by Hiker on :
quote:Originally posted by letitrideboy: am I to late!! My luck I sell for a huge loss at JPHC and buy here and drop another 50 percent lol
Just keep in mind....all the buyers that bought under .05 and sell off fast for a quik profit as my self. You're going to see massive sell-offs this afternoon like every other stock that does what this one did today.
Posted by Repoman75 on :
Mirror trades are MM's trading with each... just don't be fooled by them thinking people are selling or buying.
They usually are good because MM's do that to create the illusion of selling... thereby, hoping for people to sell so they can pick up their shares.
I only see mirror trades on Pinks...
Posted by letitrideboy on :
this sucks. Been doing nothing but chasing the last couple of weeks, and usually chasing into a Dukes of Hazzard trap with some old Sherrif (mm) dropping my share to -40 percent lol
Posted by Hiker on :
FPPL... If anyone else would of posted that reply I would never look at it...but since Superman's the hero of the day...
What's up with FPPL?
Posted by superman7 on :
this one is going to close strong i think still holding my shares
but people check out FPPL easy money there
Posted by redmax on :
this thing is really remaining stable in the 10-11 cent range. Real good for the rest of the week.
Posted by dkinvest on :
.....$US10.07 billion in potential assets....
Holy crap - that's PHENOMENAL.....Buy this, BUY THIS NOW!!!!!!!!!!
Posted by Hiker on :
quote:
They usually are good because MM's do that to create the illusion of selling... thereby, hoping for people to sell so they can pick up their shares.
Sure does seem like something is illegal about that.
Posted by iamsparticus on :
DK...thanks for the update man. I am sure we all appreciate it, right everyone?
Posted by Repoman75 on :
Hiker, it's the pinks , the Wild West of the stock market.
Posted by superman7 on :
FPPL i am already up 10% lol this one is a runner too guys i am telling you
oil and gas stock with huge potentional
Posted by GVMOORE on :
Flag pole. ??? PR. GLTA
Posted by Hiker on :
quote:Originally posted by dkinvest: .....$US10.07 billion in potential assets....
Holy crap - that's PHENOMENAL.....Buy this, BUY THIS NOW!!!!!!!!!!
FPPL? or PGPM? Which are you refering too.
Posted by superman7 on :
Hiker, both i think both are going to run in the colse and be good for tommorow!
Posted by Hiker on :
FPPL.. The low of the day is .0047
That always scares me.. could drop like a dinasour.
Posted by dkinvest on :
quote:Originally posted by Hiker:
quote:Originally posted by dkinvest: .....$US10.07 billion in potential assets....
Holy crap - that's PHENOMENAL.....Buy this, BUY THIS NOW!!!!!!!!!!
FPPL? or PGPM? Which are you refering too.
PGPM!!!!!!!!!
Posted by Repoman75 on :
From Ihub.. supposedly this guy called the CEO.
the biggest producing gas well in texas, he also said they have all the funds neede for exploration and drilling. no dilution will happen right out of his mouth. they have already acqired the drilling rigs and production rigs from some chineese co. from longbeach...
Posted by mnvestor on :
Awesome news, just a matter of time now...
Posted by Stockstar69 on :
Day one of this craziness is almost done. Tomorrow will be fun as well. Hang on or get in but JUST GET SOME!
Posted by Johnwayne on :
We need to start a run here into the end of the day for a gapper!
Posted by CMoney on :
its going down
Posted by superman7 on :
if this can close above .10 we are rel good for tommroow
Posted by CMoney on :
looks like I just spent too much
Posted by Stockguru06 on :
tomorrow is the pr day for ndol so i am selling here and moving my funds to there.. :-) good luck
Posted by Repoman75 on :
More from Ihub talking with company:
Just got off the phone with PGPM, the float is 80mil, new pr's about income will be comming out eventually.
the stock once traded around .60 and it looks like possibly it will reach that again.
the daily volume has almost reached the float the c.e.o. had called the guy i was talking to earlier to tell him that. the guy i talked to knew the float immeidatly right off the bat 80mil. i didnt think it would be that easy but with some responsible companies it is when i call.
Posted by Sean on :
Man! i just cant bring myself to buy this after a 900% run.
Posted by CRab on :
i still feel good at .13, lol...
Posted by Stockguru06 on :
haha sean,i know but this can still go up..BUT also down...time will tell...i moved to ndol for the buyout pr they release tomorrow so i hope we have a 3 bagger there also
Posted by Sean on :
i got into NDOL at .18. It never stopped running. But 900% in a day. yikes.
Posted by Stockguru06 on :
i know but you have to be carefull here because i own many stocks with lots of potential..for example ndol or aurc would also be valued over 20 bucks per share but always be carefull because i only like PROVEN RESERVES but 10 cents here is still cheap of course..
Posted by superman7 on :
sellers will reget it tommorow...hopefully Posted by redmax on :
I think after the ndol pr and subsequent run up more people will be coming into PGPM and AURC.
Posted by Johnwayne on :
I'm starting to squirm in my seat here. Hope we don't see an EOD sell off. 28 minutes to sweat here.
Posted by invester on :
This stock is so ripe. It has 20x the reserves of NDOL. Also, for whoever is in nord, I spoke to the company. The PR is late because of a back log of paperwork. It will be out tomorrow at some point.
Posted by J_U_ICE on :
moving back up
Posted by lostone on :
welp, i sold my half .10 tho.. darn.. should have sold on the rally.. hopefully tomorrow will go up
Posted by Hold-em-er-fold-em on :
who would sell at .09? doesnt make any sense!
Posted by Repoman75 on :
Sold out.. I don't think there will be an EOD rally... banked $6K though. Thanks Superman!
This is a long term play and I will be back in after it dips 10 - 20% tomorrow.
Posted by letitrideboy on :
lmao Repo!! You were like "not selling to .25!" hehe so glad I waited and didn't buy in yet!
Posted by lostone on :
wow, maybe i should sell the rest ..
Posted by Repoman75 on :
Yeah well... I was feeling that then.. but, I have only seen one stock in my life (SPEA) go up huge and then gap the next day too.
Posted by superman7 on :
let whoever wants to sell, sell! i think tommorow we see a another sweeeet day
goodluck holders
Posted by Johnwayne on :
I don't blame you a bit REPO. Have to keep an open mind and sell if you think things are reversing. Good luck to you.
Posted by superman7 on :
NoProblem..REPO!
quote:Originally posted by Repoman75: Sold out.. I don't think there will be an EOD rally... banked $6K though. Thanks Superman!
This is a long term play and I will be back in after it dips 10 - 20% tomorrow.
Posted by redmax on :
Should be a fun day tommorow. imo
Posted by llatffej on :
i bought at .011 and put a sell at .03 and left the computer for 4 hours. damn wish i hadnt sold but i still got a niceprofit
Posted by iamsparticus on :
that sucks llatffej. What kind of name is that anyway? Posted by PCola77 on :
looks like Jeff Tall backwards
Posted by llatffej on :
yep pcola. nickname from high school
Posted by deleet on :
im out. 8000 dollars profit. GLTA
Posted by Apollyon on :
Here we go, to the stars!
Posted by NoWhen2HoldEm on :
Nice little EOD run here?
Posted by netfreak on :
Im ****ed I just bought 30K share at .13 and feel like such an ahole this thing is probably on its way down to .02 tomorrow no stock hits 900% and then stays that way for long...
**ck
Posted by lostone on :
i now officially thank Superman7 for this alert.. i was so down on my luck .. losing since the beginning of march.. from my last $7k giving me a profit of $42k after selling most of my shares.. still holding about 30% shares.. thank you so much dude.. i've learned my lessons these past 2 months of losing.. and i am cashing in while i can and bank it.. the rest is for fun and free rides..
Posted by MoneyMoneyMoney on :
wohoo, what a day!!! Thanks superman for the heads up on PGPM and FPPL!!!
Posted by TheCreator on :
quote:Originally posted by netfreak: Im ****ed I just bought 30K share at .13 and feel like such an ahole this thing is probably on its way down to .02 tomorrow no stock hits 900% and then stays that way for long...
**ck
in every thread you have got to be the biggest baby ever.
Posted by dkinvest on :
quote:Originally posted by netfreak: Im ****ed I just bought 30K share at .13 and feel like such an ahole this thing is probably on its way down to .02 tomorrow no stock hits 900% and then stays that way for long...
**ck
Dude, read the PR - This gain is based on co. news, not Pump & Dump.
Posted by invester on :
Huge mistake for those who sold. This is not a fly by night company. They hav 10 oil leases. 10 leases. Here is the website. http://www.bpetroleum.com/ This looks great.
Posted by CRab on :
So...we had that .10 ending...where do we see it gapping in the morning? $3.00, lol...
Posted by TheCreator on :
i show .105 as the ending.
Posted by letitrideboy on :
i wouldnt worry about buying at .13, sure you wont go up another 900 percent today, but man this company sounds good, all that oil, already had the rigs to bring in....really sounds nice
Posted by westcott on :
If the PR holds facts then .10 is an incredible deal. I bought in NDOL at .185 on less information. Key phrase: If the PR holds facts. Does anybody have good reason to believe the PGPM PR is anything other than factual?
Posted by redmax on :
I totally agree, Every day this week should be green IMO, and Friday we will close over 20 cents IMO
This is the real thing folks.
Posted by invester on :
quote:Originally posted by invester: Huge mistake for those who sold. This is not a fly by night company. They hav 10 oil leases. 10 leases. Here is the website. http://www.bpetroleum.com/ This looks great.
Posted by letitrideboy on :
and for you lucky SOB's who got in so cheap this morning!!! OMG! lol
Posted by CRab on :
over .20 between the bid and the ask to close...
Posted by tonicma on :
I love this stock, I bought $10,000 worht of this stock, and made a nice 600% gain on it. I am still holding 20% of stock.
Posted by superman7 on :
you guys are all welcome..i try lol!!
i think people who sold today no matter what price they sold at will regret it tommorow
imo only
goodluck to all us holders
i think whoever sold obviously made a good trade but should only sell enough to keep the rest free cause u never know...with the pr out we can head alot higher and i think we will
anyways take care all i did good on almost every stock i bought today 13 out of 14 ended up...some alot higher then i paid
peace all!
Posted by invester on :
quote:Originally posted by westcott: If the PR holds facts then .10 is an incredible deal. I bought in NDOL at .185 on less information. Key phrase: If the PR holds facts. Does anybody have good reason to believe the PGPM PR is anything other than factual?
Look at the website. Also, call the company. This is a real oil producer in my backyard. This stock is for me.
Posted by CRab on :
over .20 between the bid and the ask to close...
Posted by Homersbud on :
Sweeeeeeeeeeeet! I bought in at $.014, and sold a lil bit at $.10 to get my orignal investment back and letting free share rideeeeeeeeeeeeeee!
I believe we'll gap up to $.11 or $.12 tomorrow and hopefully we'll be on our way to $33/share! lol, I know that won't happen but $1/share would be greeeeeeeat!
GLTA!!
Posted by Johnwayne on :
Well boys I am going to brag a little 'cause I don't get the chance very often. Bought in at .013 and bought in big. Bought in at .105 and bought in big again. Some of it will come off the table in the morning. But one things for sure, my wifes going to be layin on her back counting the lights tonight! Good luck all.
Posted by letitrideboy on :
LMAO John, she better be hot for that kind of money! hehe
Posted by J_U_ICE on :
in at .011 100k sold 10k at .11 riding on my frees
Posted by Repoman75 on :
Closed .11 AH.... maybe a gap up in the morning possible.
Definitely jumping back in if it dips.
Posted by tonicma on :
Yeah, I'm holding my rest 20% until we hit $30. LOL
I alrady made a ton on this stock so don't care if my 20% falls or goes up.
Posted by TheCreator on :
what's your predictions for tomorrow superman? seems the MMs got quite a few shares near the EOD, think they will be wanting to run it up to sell those shares.
Posted by Ragedbull777 on :
How much was net income?
Posted by tonicma on :
Hi,
From RB board
Apparently there si ONLy 80 million o/s So today the whole damn shares traded or maybe even traded more.
This is going to be a NDOL soon, but I will wait to get in tomorrow full force AGAIN.
Sold 80% but if look good me back in.
Posted by TheCreator on :
tomorrow should be interesting, i expect it to gap up.
Posted by banger187 on :
This stock looks very much like NDOL.
Posted by TheCreator on :
yup ndol had a very similar breakout... for those who missed ndol here is another chance.
Posted by westcott on :
Does anyone here have experience with a stock that was a gapper after having an 800%+ run-up?
Posted by TheCreator on :
if I was to bet on it i'd say it will gap... official close was .10
I bet it opens above that.
Posted by NoWhen2HoldEm on :
I just poured over the website....and I have to say that the company looks very impressive......all except for their most recent quarterly statement. Incorporated in 1998 and only that much profit? Has anyone taken a good long look at it? Thoughts?
Posted by matto on :
well great day, expect great things in the days to come!!!!!
Posted by ccvle on :
what is the market cap of this company?
Posted by redmax on :
I think the Market cap is around 40 million or so. Now considering that they have 900 million barrels of oil at $70 a barrel, this stock is trading at 1/1000th of its oil reserves.
I can not stress enough how excited I am about this company. This truely is a once in a decade opportunity here. Tommorow is going to be another huge day. By the end of the week I wouldn't be at all surprised to see 30-45 cents a share. Today was just the beginning.
Posted by moosehead9nc on :
You think it will be huge? idk their might be some quick profit takers, i mean I took 90% at .13, and im only holding on my 10% and letting it ride, but then again quite a few people got in at .13, soo...if it keeps going up after this gain...wow...
Posted by banger187 on :
Smart investor are still holding for the major payoff, similar to the ones who held NDOL during the run up.
Posted by TheCreator on :
you the man matto, i like your judgement
quote:Originally posted by matto: well great day, expect great things in the days to come!!!!!
Posted by just_25 on :
freeing up some cash in the morning to up my position. Look at the 1 year chart for CanWest Petroleum Corp (OTC CWPC). It started out just like NDOL and PGPM, it's now trading close to $7. Just some food for thought
Posted by lostone on :
quote:Originally posted by banger187: Smart investor are still holding for the major payoff, similar to the ones who held NDOL during the run up.
to me, any gain is smart.. plus if they don't cash out, how will others jump in?
Posted by Repoman75 on :
Right. Nothing wrong with locking in profits, and then buying in again on a dip. Don't feel guilty!
More potential info.:
I just spoke to the IR guy for PGPM myself and got the same info. Float is about 80 million and the CEO was in long beach buying some equipment from the chinese. He said the price has been droping because the company had been selling shares to raise money. He also said they have connections to major oil companies and the wells are owned by the majors but managed my Pilgram. That is why the 20% factor. In most cases the Majors leave the equipment behind and Pilgram uses it rather than have to buy new. They have technology that makes it cost effective for them to pump when a well only produces 10 to 15 barrels per day, the majors want about 100 per day to be cost effective. This is their niche.
Posted by tonicma on :
Well, the ONLY problem of comparing this to NDOL is that NDOL did not go 600% in one day.
So you can't really compare it with NDOL as a breakout.
This thing is going to consolidate about 50%.
Maybe tomorrow or weds but it will.
I left 20% of holdings on this, but will buy back once it dips big time.
Posted by TheCreator on :
no but look at the chart it did it very quickly.
quote:Originally posted by tonicma: Well, the ONLY problem of comparing this to NDOL is that NDOL did not go 600% in one day.
So you can't really compare it with NDOL as a breakout.
This thing is going to consolidate about 50%.
Maybe tomorrow or weds but it will.
I left 20% of holdings on this, but will buy back once it dips big time.
Posted by Repoman75 on :
The great thing with NDOL, at least when I saw it at .14, was daily accumulation... no gaps to fill ever.
Posted by banger187 on :
Repoman, what is your take on this stock?
Posted by banger187 on :
P.S.
Repoman, you ain't gonna repo my car are you? I have a shotgun by my side, just kidding.
Posted by Repoman75 on :
Well, I bought in at .013 today, sold at .12, bought in again at .10, sold at .10.
Technically, I can't see it gapping huge up early in the AM... probably a selloff first, then maybe a turnaround. I will be buying again whenever a true base is established. Gaps always get filled usually, so I figure it will open up, then drop throughout the day, OR open down and trend up a litte. That's when you buy for the long haul.
Posted by just_25 on :
quote:Originally posted by Repoman75: Gaps always get filled usually, so I figure it will open up, then drop throughout the day, OR open down and trend up a litte. That's when you buy for the long haul. [/QB]
Exactly
Posted by letitrideboy on :
Repoman Repo'd my long shot in JPHC lol
Posted by invester on :
Even after the move.
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/01/06 0.0061 0.1350 0.0061 0.1000 +0.0890 75024992 +809.09%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 3936035
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 1701548
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1013367
Overall Average: 100% - Buy
Posted by Repoman75 on :
100% buy.. hmm.. may have to jump back in. Another 100% would be nice.
Posted by banger187 on :
I have never seen 100% buy rating before, WOW.
Posted by Repoman75 on :
If you want to see an 80% buy, look at ZENX. Should have bought at .70 in Feb., however, hurricane season is coming up...
Posted by ATL8ball on :
invester,
Where do you get your info and BUY ratings...great info, just curious what your source was for such well mapped out info...
Man, this thing has NDOL written all over it.
Posted by TheCreator on :
True that, I can see it happening, OIL IS HOT!!!
quote:Originally posted by Sean: Man, this thing has NDOL written all over it.
Posted by daytrader1 on :
Guys,
Just listened to the talk by the CEO pasted above in one of the links... was not that bad.. since he had mentioned that we could actually verify the pilgrim properties on texas railroad corporation website..i did go there and type pilgrim and feel little better about buying the stock and trust in its future movement. the CEO said 50% active by next year, which can be price around $15 atleast, and this shall move theprice close to $0.5 over the summer.. so am holding this for little long.
I shall paste my DD of what I have found about Pilgrim on texas railroad commision website.. i am assuming there is only one pilgrim .. please verify and cross verify the info rather than taking it at face value.
OIL AND GAS PRORATION SCHEDULE LISTED BY GATHERER APRIL 2006 UPDATED THRU 3/27/2006 NOTE: MONTHLY CASINGHEAD GAS LIMIT (MCF) APPEARS BESIDE WORD -GAS-.
PILGRIM (AUSTIN CHALK) FIELD NUMBER-71486100 CADDO ENERGY CO., INC. 13424 187 0 0 0 0 0 R & S OIL PRODUCTION CO. 13405 90 392 434 420 14 0 WILSON, BILLY R. 10315 152 0 0 0 0 0
PILGRIM (AUSTIN CHALK) FIELD NUMBER-71486100 J.W. SERVICE COMPANY 13419 30 0 0 0 0 0 J.W. SERVICE COMPANY 13450 44 0 0 0 0 0
PILGRIM (CONGLOMERATE) FLD NO. 71492200 NS HERRING, RAY 114804 PILGRIM 150N 3000N 2250 0 MCINTIRE, W. A. 115121 MCINTIRE-FAMBRO 90N 3000N 1200 0 FIELD TOTAL MONTHLY DELIVERABILITY 3450
PILGRIM (AUSTIN CHALK) FIELD NUMBER-71486100 WILSON, BILLY R. 13085 -GAS- 34200 XOG OPERATING LLC 12057 -GAS- 9480
PILGRIM (AUSTIN CHALK) FIELD NUMBER-71486100 CONCORD ENERGY, INC. 12929 94 0 0 0 0 0
and quiet a few more.. bottom line, they are for real and I have no experience in gauging oil reserves .. all I can do is verify authencity in statements that they make which I have by going throguh the railroad texas website and finding out that they have atleast 5-6 wells in queue. so that is good enough for short term while I know expertswill pry over this information and do extensive DD to really estimate this things value..till then, I'm on hold..GLTA!
Posted by J_U_ICE on :
go DD daytrader1 I'm riding free shares to the promised land
Posted by STOCKGANGSTA on :
IMO the stock would have kept on running longer if Thebullster didnt have dumped
Posted by J_U_ICE on :
f*ck thebullster
Posted by TheCreator on :
it will keep running regardless way too much volume to just fall off the table.
Posted by Chad on :
Im always nervous to get in a stock thats gone up so much in a day...then Im fairly new. You guys in here think it's a good buy still sometime tomorrow after possible selloff, or should I go with NDOL (cause its still waiting for its news), or anyone like PBLS, (it's the lowest price of all 3 with news coming sometime this week)?
Posted by BuyTex on :
well, it certainly has a "bullish engulfing candle"
Looks like were going back up! The bid is at .10 and its only 8:30
Posted by redmax on :
Should run nicely again today and the rest of the week for that matter
Posted by sportsguy on :
Anyone think we might see a quarter by the end of the week? This is probably just wishful thinking!
Posted by HOOKED on :
so do yall think this will drop a little more?
Posted by stockaholic on :
My bid now shows .11 Gonna be a big day again.
Posted by Fuzzy1018 on :
i personally think it will gap in the morning and then mayb a little dip.
Posted by Nile on :
the bid is at .11 right now.... it wont drop this morning! mabey in the afternoon
Posted by stockaholic on :
Ask at .13 now....
Posted by Repoman75 on :
Drop by 10am.. buy at 10:10 am at .08. Buy it all.
Posted by Johnwayne on :
Morning boys anybody know how level 2 is stacking up?
Posted by invester on :
Looks good.
Posted by redmax on :
L2s
Buy 0.11 0.10 X3
Sell 0.13 0.15
Posted by superman7 on :
going to be real sweet today!
Posted by CTMum on :
Ameritrade is showing Bid at .0011 and ask at .0013.
Posted by Johnwayne on :
What are you thinking for today Superman?
Posted by Johnwayne on :
Thanks for info Redmax. Who is this Bullster that people are talking about? And did he pull PGPM as a stock pick yesterday?
Posted by Repoman75 on :
Bullster... nobody beats the STOCK STER!
Posted by invester on :
Ask .14. The reserves are to high for this stock to be this low. I look for a continuation over the week.
Posted by superman7 on :
i knew that anyone who sold yesterday would not be getting the best price for it after todays gap no matter what u sold it at yesterday, cause right now the ask is
.14!!! yes .14!!!
Posted by Ragedbull777 on :
Any predictions on HOD and LOD? Not in but want in, jus not sure what would be a good entry point. They mentioned record revenues, what were the revenues? Anyone? TIA and glta.
Posted by HOOKED on :
do you think it would be good to buy this morning or wait for a dip?
Posted by sportsguy on :
You could wait for a dip, but you might be waiting for a while. That's what I tried to do yesterday, but finally got in at .08.
Posted by iamsparticus on :
I would wait for the first dip...there will definately be a dip at some point...its a matter of how high it goes before it dips. But that will help you not have to deal with a sell off scare (if it happens)
Posted by Johnwayne on :
Your guess is as good as mine guys. But this has to see a dip at some point today I would think. It should gap then retrace a bit, that is when nutt cutting time starts. Does it retrace and take back off, or does it continue it's slide.
I will tell you this. Investor told many of us who sold NDOL at .30 that we would regret it. And he was right. Investor is saying this is going to be a huge week and I learned the hard way he knows his stuff.
Posted by redmax on :
Just so you know I have 320,000 shares and won;t be selling anytime soon Posted by Johnwayne on :
Ask just dropped to .13?
Posted by Repoman75 on :
Of course there is going to be a dip! Damnit people, gaps must fill! I learned that the hard way with PTSC.
Wait for the dip, and buy all you can, and the make almost as much over the next weeks as yesterday... it's going to .50.
Posted by redmax on :
lookign real real solid right now on the l2's!
Posted by westcott on :
Care to share, red?
Posted by redmax on :
L2's
Buy 0.12 X3 0.11 0.10 X2
Sell 0.13 X2 0.15 X2
Posted by letitrideboy on :
grr was going to buy some of this but I cant log into scottrade
Posted by Johnwayne on :
.13 has got to be falling here soon. Too much buying pressure. Bid moved to .125.
Posted by dkinvest on :
33,000 x .12 = $3,960 33,000 x 33.00 = $1,089,000
1 Million dollars!!!!!!!!!!!!!!
Posted by westcott on :
Thank you, Red...I have never bought on such an up day, but this stock - if legit - is impossible to pass-up.
Posted by Ragedbull777 on :
quote:Originally posted by dkinvest: 33,000 x .12 = $3,960 33,000 x 33.00 = $1,089,000
1 Million dollars!!!!!!!!!!!!!!
You got to feel for those that sold yesterday in the morning at .011, some orders were 300k and 400K share orders. How much is 400K x $33.00? Ouch.
Posted by tonicma on :
Ok, back in Full force, Sold my FMNJ quick 80% and got back in at 0.14 with twice as much shares.
Posted by dkinvest on :
quote:Originally posted by Ragedbull777:
quote:Originally posted by dkinvest: 33,000 x .12 = $3,960 33,000 x 33.00 = $1,089,000
1 Million dollars!!!!!!!!!!!!!!
You got to feel for those that sold yesterday in the morning at .011, some orders were 300k and 400K share orders. How much is 400K x $33.00? Ouch.
Ya, but it is not too late to still get back into the game.
Posted by tonicma on :
Nice break out baby.
Posted by mnvestor on :
Anything under 0.15 is a steal at this point!!!
Posted by Fuzzy1018 on :
wow looks like another 1000% gain day, i only hold a small position, wish i had more money right now
Posted by westcott on :
I have been in NDOL since .15
Can PGPM actually be stronger?
Posted by Rusty on :
why oh why dont I have any unsettled cash to put in this one.
Mental note to self, make sure to always have some cash to put into flyers like this. Posted by tonicma on :
BREAKOUT!!!! 20 cent here we come
Posted by redmax on :
L2s
Buy 0.15 X3 0.145 0.13
Sell 0.17 0.18 0.21
Posted by invester on :
YAAAAAAAAAAAAAAA!!!!!!!!!
Posted by jakeo on :
Damn this thing is going nuts
Posted by buterjames on :
quote:Originally posted by Rusty: why oh why dont I have any unsettled cash to put in this one.
Mental note to self, make sure to always have some cash to put into flyers like this.
me too...im in but want more, however more cash want be free until thurs, Sugar. Honey. Ice. Tea!!!...
Posted by dkinvest on :
quote:Originally posted by westcott: I have been in NDOL since .15
Can PGPM actually be stronger?
Heck yes........33.15 a share baby.
Posted by mnvestor on :
0.18------->0.23 soooooon
Posted by tonicma on :
Man I love this stock, glad I can get back in at 0.13
Posted by jakeo on :
im thinkin watch out at 20... alot of people will get out after a 100% in 20 minutes
Posted by superman7 on :
wow this is awsome guys!
Posted by undefined on :
.19
Posted by Repoman75 on :
Back in at .17... ok I was wrong aboug the gaps, ok?
Posted by Fuzzy1018 on :
no reason to get out, i feel this gana b big today
Posted by Hold-em-er-fold-em on :
congrats to you that held! Thin I will go Puke now! Posted by sportsguy on :
I remember what happened yesterday. It was .10 and within a few seconds it jumped 3 cents!
Posted by tonicma on :
Not really cause its not 100% gain until it hits 26 cause it opened at 0.13 and never went down.
Posted by Fuzzy1018 on :
break that 20 comon
Posted by Revrat on :
Tried to get in but can't
Posted by invester on :
Oh yaaaaaaaaaa!!!!!
Posted by jakeo on :
a-trade says it opened at 10- 100% gain today
Posted by MoneyMoneyMoney on :
Look at those numbers baby!!! Oh yea!! I like, I love it, I want some more of it!!!
Rock of the Marne!!!
Posted by rocked on :
this is huge...
Posted by sportsguy on :
Next resistance, .23 .24?
Posted by tonicma on :
WAY too much buying pressure.
Nobody is selling.
I think shareholders are getting smart about this stock.
I for one is.
Posted by undefined on :
The only downside to a wild position like this is putting a sell target on it that you can live with.
Posted by redmax on :
This is amazing. I paid $4k for my shares yesterday. Currently I am at $64k Posted by MoneyMoneyMoney on :
Another 300 - 400 % today?? Maybe more!?
Posted by sportsguy on :
I know what you mean. We are all going to sell at some point, but it's tempting to stay in...
Posted by Fuzzy1018 on :
i'm tellin you guyz its goin' up up up 1000%
Posted by stockaholic on :
This is sweet. Now I don't feel so mad about missing NDOL : )
Posted by letitrideboy on :
Sick to my stomach! :-(
Posted by Johnwayne on :
Superman - sniff sniff..... I love you man! Ok it's an old line but thought it was relevant.
Posted by tonicma on :
.2 is about to break real soon
Posted by superman7 on :
guys i couldnt take it sold half at .20 but i was in at .011 so u cant blame me i dont think but i am still holding alot!
Posted by Repoman75 on :
Ok, reiterating my .50 target now!
Posted by megahead34 on :
Man, i wish i knew about this sooner....like early yesterday...haha. Oh well.
Posted by tonicma on :
BOOM next stok .3
Posted by dpaul3 on :
in at .22 - missed the boat Posted by iamsparticus on :
I only bought $175 worth...what a $350 jipp(sp).
Posted by mnvestor on :
Not suprissed if +500% today, hold tight
Posted by Claydough on :
If this one gets a little too hot, come on over to FPPL, we're looking for some of the same action you got here.
Posted by undefined on :
quote:Originally posted by Claydough: If this one gets a little too hot, come on over to FPPL, we're looking for some of the same action you got here.
Amen to that! FPPL is next, and it's a good place to stow some of the PGPM profits.
Posted by redmax on :
Thanks to superman I bought 320,000 shares at 0.013. Now at 0.22
Gotta love it Posted by Fuzzy1018 on :
put your profits in AURC , bcuz that is ready to breakout
Posted by tonicma on :
Breakout AGAIN
Posted by android_xxx on :
I´m in .22 too late Posted by deleet on :
quote:Originally posted by Fuzzy1018: put your profits in AURC , bcuz that is ready to breakout
agreed. That or FPPL.
Posted by tonicma on :
Oh man, loving this ride, and remember there is ONLY 80 million tradable float.
Get my drift
Posted by Fuzzy1018 on :
android, i dont think u late, i bought in at .12 after 900% gain and look at it now
Posted by undefined on :
quote:Originally posted by deleet:
quote:Originally posted by Fuzzy1018: put your profits in AURC , bcuz that is ready to breakout
agreed. That or FPPL.
I'd say FPPL is first. AURC will have its day, but not today.
Posted by mnvestor on :
L2's anyone???
Posted by Fuzzy1018 on :
FPPL u might already b too late, but AURC is the ride to catch
Posted by undefined on :
quote:Originally posted by Fuzzy1018: FPPL u might already b too late, but AURC is the ride to catch
Some thought that it was too late for PGPM at .13
Posted by megahead34 on :
BKMP will be the next amazing stock
Posted by Johnwayne on :
Android - what do you mean too late? It has been going up since you bought it. Sure you might not make 10,000 % profit but any profit is good.
Posted by mnvestor on :
People will be saying to late the whole time it moves closer to 0.50!!!
Posted by tonicma on :
Oh PGPM, OH PGPM, How I love you.
But wait, where are you going. I dont' know and I dont' care as long as I'm seen the green than I am all yours baby
Posted by Repoman75 on :
.5 here we come, just right we started from.
Posted by Nile on :
hit .26
Posted by Livinonklendathu on :
.25 x 3 .26 x 2
Posted by matto on :
superman really THANKS FOR THIS i am almost at 6 figures
Posted by superman7 on :
guys if we can just see 10% of the $33 target i would be happy and i will sell all my shares at $3.30 lol
goodluck guys
Posted by gnulnx on :
I agree with Fuzzy. I like to catch them before they are up 1000%. AURC is looking pumped and prime..and I finally got my order filled. Lets ride.
I am to scared to jump in PGPM right now. Don't like being the bag holder.
Posted by redmax on :
Ok L2's:
Buy 0.25 X 4 0.24 0.20
Sell 0.26 0.28 X 2 0.29 0.35
Posted by android_xxx on :
quote:Originally posted by Johnwayne: Android - what do you mean too late? It has been going up since you bought it. Sure you might not make 10,000 % profit but any profit is good.
you´re right, but i´m afraid
Posted by madOIL on :
100% TODAY ALREADY? WHO WOULD HAVE THOUGHT
Posted by TheCreator on :
me
quote:Originally posted by madOIL: 100% TODAY ALREADY? WHO WOULD HAVE THOUGHT
Posted by madOIL on :
AND ME TOO LOL
Posted by imakmony2005 on :
this is crazy.........
Posted by redmax on :
Much much more to come. Just watch the rest of this week!
Posted by madOIL on :
$260 WORTH YESTERDAY AT .013 STILL RIDING 20000 SHARES STARTING SMALL NOW LOOKING RIDICULOUS LOL
Posted by superman7 on :
np matto i am doing so good that i have almost 7 figures this year!
Posted by Fuzzy1018 on :
are orders being filled easly? anyone
Posted by IVV on :
I feel like I got dropped kicked in the groin....this stock could have payed for...just about everything...next $#%%^$$# time
Posted by tonicma on :
since we open at .13, at .26 we get 100% and yes some profit taking but Stupid profit takers don't ever learn.
Too much pressure.
Posted by kt325ci on :
aren't you guys worried about the sec halting this. I'm not bashing but I remember SSTY had a huge run last year and it had a halt.
This company had little to no volume, trading at a penny, then issues a PR about a $33 share target.
At least take a little bit of profit off the table. Congrats on the gains guys. This has got to be the biggest 2 day winner I've ever seen.
Posted by superman7 on :
here is our first dip i am still holding but only 100k...but not complaining or selling
Posted by Nile on :
get it while you still can here!
Posted by superman7 on :
should bounce of .19 imo
Posted by sportsguy on :
Here comes a pullback...
Posted by undefined on :
Back down to .20 - looks like its buy time again
Posted by tonicma on :
Here comes the shake
Posted by westcott on :
I really can not believe I bought in late yesterday after an 800% run-up. I read all I could from you guys and appreciate the insight. I really do not see any reason to sell at a number south of NDOL? Agreed, if not then why?
Posted by mnvestor on :
Next buying opportunity now....
Posted by Fuzzy1018 on :
this droppin', L2's anyone?
Posted by weekendwarrior1 on :
just got in and i hope this keeps heading North, looks like a dip now, but still hoping it skyrockets.!
Posted by captain america on :
major pullback?
Posted by Livinonklendathu on :
Lookout below
Posted by superman7 on :
they are taking it down on low low low volume which means we get a big big big bounce
imo ofcourse
Posted by moosehead9nc on :
yea pretty big shake
Posted by Johnwayne on :
Bid up tick.
Posted by Repoman75 on :
Filling the gap, like I said.
Posted by redmax on :
very very nice time to get in if you don't have a lot of shares yet IMO
Posted by CRab on :
a ten cent bounce...wow, lol...i'm buying stock in heart medication...
Posted by iamsparticus on :
Still up %75 I will take a %50 shake... Posted by Nile on :
There we go.... back on our way up!
Posted by redmax on :
Hold tight folks, I think we will have another major run after we fill this gap
Posted by CRab on :
I'm not complaining...
Posted by mnvestor on :
Back up we go, hope people bought more on dip
Posted by buterjames on :
this is sick...!!
Posted by Johnwayne on :
Firming up here? Or is it a head fake. God it takes big bals to play this game.
Posted by rocked on :
im in...here we freakin go..
Posted by mnvestor on :
This is like the engine that could!!
Posted by buckstalker on :
Yes it Does!!!
quote:Originally posted by Johnwayne: Firming up here? Or is it a head fake. God it takes big bals to play this game.
Posted by J_U_ICE on :
Had a doctors appointment this morning just got here glad I stayed in yesterday
Posted by buterjames on :
for a second ameritrade showed 0 balance...WTF
Posted by TruthLiesWithin on :
In on this....
Still watching ALTX too...and IPTM... big spreads/
Posted by Johnwayne on :
Buck- Problem is everytime the price drops my bals shrink!!!!
Posted by juice on :
woo got in at .18 for some fun haha
Posted by Fuzzy1018 on :
these shakes are breath taking, but v should c a bigger run now
Posted by iamsparticus on :
who would have though a penny stock could swing like a 4 dollar stock...?
Posted by Fuzzy1018 on :
good buy juice, L2's anyone?
Posted by rocked on :
yea keep this updated this is really really fluid i've been in and hour 10 times just today..
Posted by TruthLiesWithin on :
If Pistol Pete, or whoever he is is only 1/10th right, that still puts this at $3.15 a share...
Posted by CRab on :
I'm not complaining...
Posted by money? on :
im extremely pissed that i didnt jump in yesterday at .08, i just ran kicked myself in the ass and just jumped in at .18 i mean that is good, but im greedy as hell and i want time to turn around real quick. so what are the L2's on this, where is the wall?
Posted by mcspeechless1 on :
Im am having a hard time getting in on this one. Hopefully there were some millionaires made here today!!!!
Posted by tonicma on :
Hi, AMEP is also moving up now.
Another Potential NDOL.
I have to tell you actually any oil stock is going on fire this summer.
Want to become a millionaire, buy oil stocks.
Posted by Fuzzy1018 on :
seems like its builiding some holding ground at .21
Posted by Nile on :
I think thats all the excitment well see this mornign, I wont expect a nother jump till after lunch!
I think we will close today around .23 and have another jump tomorrow morn!
Posted by cougarfeather on :
I am having touble deciding an exit point. I don't know that this will jump back up and want to make sure I max profits. This stock is going to give me a heart attack!
Posted by TruthLiesWithin on :
Wonder if they can apply for NASD?
Posted by redmax on :
Just remember ocne this thing approached 80 million shares on the day we will have the entire float, meaning that a nice base will be set up in the 20 cent range. Great potential all week with this kind of volume!
Posted by money? on :
IMO this will not go below 18, Ive noticed that if someone sells then there are always people there with buys in at 18. so if your trying to get in at 18, good luck and get in line. this should close around 25 today
Posted by gfm50 on :
Sold at .25 for a 100% profit.
Posted by Hold-em-er-fold-em on :
---
Posted by mnvestor on :
I agree with money, 0.18 will look like a steal come this afternoon
Posted by Fuzzy1018 on :
good entry point here, i think it shud give another run soon
Posted by gnulnx on :
got my buy set at .18. Been wating for a while now...
Posted by Johnwayne on :
Well I sold enough to ensure 1,000% profit. I still have plenty on the table here. We will see what the rest of the day brings.
Posted by dmort on :
What's the upside to this stock ?
Posted by redmax on :
With a float of 80 million only, and already 25 million shares sold in the first 80 minutes of the day, there shouldn't be a worry of this falling too greatly.
I think we will see it close in the mid twenties today. The rest of the week looks great as well
Posted by redmax on :
The upside of this stock is $33 (The price the company said their shares were worth) lol.
I think it has the potential to trade in the higher 80 cent range sometime this month.
Just my opinion.
Posted by J_U_ICE on :
quote:Originally posted by Johnwayne: Well I sold enough to ensure 1,000% profit. I still have plenty on the table here. We will see what the rest of the day brings.
I've done the same what a ride so far
Posted by gnulnx on :
In at .185. Hope I don't regret this one...never like to chase.
Well Lets ride.
Posted by J_U_ICE on :
quote:Originally posted by dmort: What's the upside to this stock ?
Have you read this thread the PR or any of the news
Posted by PCola77 on :
L2 bids
2x.18 2x.17 1x.14 1x.13
Asks 3x.19 2x.20 3x.22
Posted by deleet on :
sorry to post off topic.
Anyone that had the misfortune of missing out on PGPM, check out FPPL. supe recommended it yesterday and today its up 213% and RISING.
Posted by rocked on :
that's a thin damn bid..
Posted by dmort on :
I read about this stock elsewhere. I am jusy wondering how much higher this thing can go .50 range in the next few weeks ?
Posted by Fuzzy1018 on :
will v see another run up today?
Posted by daytrader1 on :
point here is pullback..if this pulls back.. it regains ground fast.. if fppl pulls back.. it takes huge while.. i dont want to get burnt in group play .. since i am not good at it.. GLTA!
Posted by dmort on :
I won't chase this.
Posted by gfm50 on :
back in with 10000 shares at .19
Posted by rocked on :
its running agaiun, look at it... here it goes..
Posted by redmax on :
L2's
Buy 0.19 X 4 0.185 0.17 0.13
Sell 0.203 0.205 X 2 0.22 X 3 0.25
Posted by rocked on :
that's solid
Posted by PCola77 on :
just shows how fast L2 can change. They're really helpful to watch, but you can't rely 100% on them.
quote:Originally posted by redmax: L2's
Buy 0.19 X 4 0.185 0.17 0.13
Sell 0.203 0.205 X 2 0.22 X 3 0.25
Posted by gfm50 on :
Out at .2 for a 10% profit.
Gonna buy back in when it drops again.
Posted by rocked on :
27 mil volume..
Posted by invester on :
UBSS and NITE are at .28. Looks like they are collecting.
Posted by cougarfeather on :
you mean .18?
Posted by HOOKED on :
you think this will shoot up today?
Posted by rocked on :
i hope im lagging and it's 28 lol
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1900 +0.0900 26784676 +90.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 3936030
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 1701546
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1013366
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1000 -0.0485 0.0804 0.2093
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Posted by CRab on :
100% buy two days in a row, lol...
How often does that happen?
Posted by BeginnersLuck on :
a lot of resistance at .20
Posted by SuperSniper00 on :
wow i thought i was a fool last night for buying this at .105 now i've doubled...woohoo
Posted by mnvestor on :
Looks like base around 0.20, should set up for nice afternoon run
Posted by just_25 on :
I'm out with 95% profit, riding free shares! Thanks superman 7, I gave you 5 stars:)
Posted by banger187 on :
What did I tell you all yesterday? I told you that PGPM was going to keep going up. Repoman was saying otherwise.
Posted by Repoman75 on :
.5 by EOW.
New PR's coming soon.
Posted by undefined on :
EOD predictions?
Posted by mnvestor on :
0.24
Posted by CRab on :
where is the info regarding new PR's?
Posted by banger187 on :
.23
Posted by redmax on :
A company call said that new Prs were on their way, however that doesn;t mean today.
My EOD close is 24 cents.
The remainder of the week should be green as well.
Posted by banger187 on :
For yesterday's PR the company was using $60 for the price of oil, they were not even using the current oil prices. And yesterday on the news they were saying that analysis were predicting $100 oil pricesin the near future. Imagine the possibilities.
Posted by mnvestor on :
Priming for another run??
Posted by daytrader1 on :
YESSS.. look at the facts.. the facts can be verified. i listened to the CEO's news conference and checkedback with texas railroad website, and he surely was not exagerating the assets, although little exageration on profit margins, however, you have to remember that they lease the fields, and therefore they dont have huge operating costs. for leases, fields etc. look for info i have posted earlier or go to texas railroad website and read for yourself. search for pilgrim. GLTA!
Posted by auburn on :
Any idea on what the PR is?
Posted by Johnwayne on :
If we can stay here and see a late day PR this thing will absolutely explode. This is just looking for another excuse to take off. Buy out PR would be nice!!!! Especially since the CEO said company is worth $30 per share.
Posted by Repoman75 on :
Dude, this company will be bought at for a few bucks per share by the big boys... watch and learn how to make 10,000% gains, nevermind 1000%.
Posted by redmax on :
This thing will fly I have a feeling
Posted by Johnwayne on :
Well I have plenty parked in here still so let's hope you are right Repoman.
Posted by PCola77 on :
So what did you get back in at today?
quote:Originally posted by Repoman75: Dude, this company will be bought at for a few bucks per share by the big boys... watch and learn how to make 10,000% gains, nevermind 1000%.
Posted by Repoman75 on :
Now of course, I'm assuming what they say is true.. if it's all a pile of turd, well, every man for himself.
Posted by gfm50 on :
Just bought in again with 16000 shares at .18
I am holding this until the EOW, more news and recognition is likely otw...
Posted by Repoman75 on :
Got back in at .17 - threw all of my profits in from yesterday...so stupid for selling.
Posted by BeginnersLuck on :
bought in with 31k
Posted by redmax on :
Still holding 320,000 shares which I paid 1.3 cents for Posted by BeginnersLuck on :
quote:Originally posted by Repoman75: Got back in at .17 - threw all of my profits in from yesterday...so stupid for selling.
You never know what's gonna happen...you know profits are profits.
Posted by netfreak on :
After a 900% gain in one day guys be real... I am sure she will run again but not any time soon...
Posted by mnvestor on :
Loading more here for EOD run!!!
Posted by dpaul3 on :
quote:Originally posted by redmax: Still holding 320,000 shares which I paid 1.3 cents for
lol, you should have sold at .22.
Posted by moosehead9nc on :
yea we still got plenty of time
Posted by gfm50 on :
quote:Originally posted by dpaul3:
quote:Originally posted by redmax: Still holding 320,000 shares which I paid 1.3 cents for
lol, you should have sold at .22.
Or .25 that is where I sold =].
Posted by Repoman75 on :
Today she may close at .15 or so.... but who cares? You guys are trying to find 1000% returns everyday?? How about 200% over 1 month or so? Like NDOL. Never really ran from .14... just slowly marched up since Feb. Now? 5 bagger. Hold... when all this jumping around from oil stock to oil stock calms down, people will pick their investments and then we'll see which next set of PR's boosts which ones up.
Posted by Jason0321 on :
quote:Originally posted by netfreak: After a 900% gain in one day guys be real... I am sure she will run again but not any time soon...
It was up 180% earlier today....how can you say it wont make another run...it already did!
Posted by netfreak on :
I am talking about another 900% run...
Posted by daytrader1 on :
look at the volume and float.. its a no brainer till the stock gets its value.. 0.3 is about right value atleast till they release another PR.. which I assume will be towards end of week, since they would have received tonnes of calls to address key issues in the previous PR.. itll then, this stock is undervalued to great deal and little buy pressure would make the stock skyrocket yet again! GLTA!
Posted by redmax on :
15 cents now. I cant see it going much lower then that for the day. Greta buying opp IMO
Posted by PCola77 on :
bids are
3x .14 and 3x.13
Shouldn't drop any more
Posted by cougarfeather on :
shouldn't being the key Posted by iamsparticus on :
Why shouldnt it?
Posted by PCola77 on :
True. But it's much better than if it was 1x.14 1x.13 1x.10 3x.08 or something
quote:Originally posted by cougarfeather: shouldn't being the key
Posted by redmax on :
The buyers are stacked at 14 cents. The l2's look real good
Buy 0.14 X 2 0.13 X 3
Sell 0.16 0.17 X 2 0.18 X 2 0.2
Posted by mnvestor on :
EOD will run...
Posted by Repoman75 on :
Every oil stock is selling off, this one is holding... watch, watch and learn damnit! EOW is the key.
Posted by TheCreator on :
lol repo man kills me... make up your mind fool.
Posted by Repoman75 on :
When did I contradict myself?
I sold yesterday, thinking there was going to be a gap down... which really didn't happen as I predicted, but it did level out IMO. Now is the time to accumulate like everyone did with NDOl to .5 and beyond.
Just because I lock in profits and then go back in does not make me contradictary. I never said this was a POS.
Posted by daytrader1 on :
agreed..once fppl loses strength..people will rushwith their profits to PGPM and NDOL and wait on fppl.. its interesting that this thing skyrockets on a very small volume because of float... and morning purchases which were pretty huge have already provided it a base at 0.18-0.2. so they all will be holding .. and so will I:D
Posted by Mysticobra96 on :
I think this can be picked up at .13 today if not lower. Im going to be patient every pt in this one really counts!
Posted by daytrader1 on :
yes mystic..please be .. i was patient on NDOL till it came to 0.435, i'm sure everyone decides their own entry and exit points and so will you.. GLTY on that!
Posted by just_25 on :
I'm with you mystic, I'm still holing half my shares which were free thanks to the run up. I'll wait a couple days till it cools off, then I plan on buying 100K shares and holding
Posted by Repoman75 on :
The baller, Just25, has arrived... hopefully you don't miss any PTSC news.
Posted by Mysticobra96 on :
Did MMs capture a ton of shares yesterday b/c it seems to take tons of buys to move it up now?
Posted by buckstalker on :
It will go this low...Blah...blah...blah...It will go this high...Blah...blah...blah... I have never, and I mean never seen anyone that can predict what a stock will do accurately. Mystic ...you should say...I hope it gets to .13 so I can get it cheap...that would be a much more honest approach.
Posted by just_25 on :
I'm not worried about PTSC, I'll be back in that one too once I'm done with these oil stocks. Why let my money sit when I can make it work for me, that's simple education that even a little 25year old like me can understand. Don't be shady at me repo, I like you and have defended you over at PTSC for a long time, plus I gave you five stars. I'm here to make money, and I plan on doing it if you like the baller or not:)
Posted by daytrader1 on :
not really..only thing is how big the buys are.. MM's are right now just messing around pulling the value down.. but once the dust settles.. EOD buying pressue will send this thing uptown!
Posted by Mysticobra96 on :
I said, "I think" not "I know" Im guessing just like the rest of us. **** if I knew you think I would tell anyone?
Posted by daytrader1 on :
just noticed..looks like someone gave me a single star.. whats it with star..good or bad??
Posted by osuidoc on :
L 2's anyone?
Posted by Mysticobra96 on :
3x14 3x13
Posted by Sean on :
In at .15
Posted by Hold-em-er-fold-em on :
3 x .14 1 x .15 3 x .13 1 x .16
Posted by letitrideboy on :
sob
Posted by Repoman75 on :
1 star = POS, aka SCUM BAG 2 star = rookie (or, you've pissed off people during your time here - depends on the number of votes) 3 star = 5% return? Ok, your picks are good for my 401K 4 star = Pretty damn good 5 star = Jim Cramer or Warren Buffet of Allstocks (or, you have 1 vote and that's from your boyfriend)
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: 1 star = POS, aka SCUM BAG 2 star = rookie (or, you've pissed off people during your time here - depends on the number of votes) 3 star = 5% return? Ok, your picks are good for my 401K 4 star = Pretty damn good 5 star = Jim Cramer of allstocks (or, you have 1 vote and that's from your boyfriend)
LOL that's some funny chit Repo!
Posted by letitrideboy on :
lol repo then superman is a 5 by far! YAY superman Superman for president. We need to get Superman a radio show every day so we can hear his stuff and not get left behind
Posted by cougarfeather on :
sweet i am a scumbag i think
Posted by rocked on :
EFCR!!! GO EFCR!!
Posted by rocked on :
lol
Posted by Jason0321 on :
Ok, someone who really knows (or at least has a good idea).....what is the potential be EOW. Also, projections on short term. Do we see a buck? What are the chances of a buyout at 3 dollars? Anyone with some experience...please.
Posted by daytrader1 on :
hehe.. so am I.. and btw jim cramer is not the GOD of all stocks.. he is as good a poser as me .. ask him about the stock he might have recommended you to buy, a week back, and he would scream.. not good not good.. blah blah..
Posted by Repoman75 on :
Ok, I added Warren Buffet.
Hate Cramer all you want but the obnoxious slob is a multi multi millionaire from trading stocks... what does he care what he picks now?
Posted by just_25 on :
quote:Originally posted by just_25: I'm not worried about PTSC, I'll be back in that one too once I'm done with these oil stocks. Why let my money sit when I can make it work for me, that's simple education that even a little 25year old like me can understand. Don't be shady at me repo, I like you and have defended you over at PTSC for a long time, plus I gave you five stars. I'm here to make money, and I plan on doing it if you like the baller or not:)
Actually repo, you gave me a GREAT idea. I turn 26 tomorrow and I think I will change my screen name to baller_26:) Thanks for the vote of confidence!
Posted by rocked on :
and to all of you i have to say....BOOOOOOOOOOOYAHHHHHHHHHHHH Lol cramer is a character...
Posted by mnvestor on :
buckle up, this trian may be rolling
Posted by rocked on :
on efcr lol this will go back up and roll but not today...
Posted by Repoman75 on :
Lunch is over, pick your end of close PPS now!
.175
EOW
.24
Posted by Johnvh2811 on :
im a new day trader to the game i need to know how to make real money
and what does eod, eow, pos, mm, and imo means
Posted by Jason0321 on :
i would suggest learning the basics like Market Maker, End Of Day, End Of Week, and so on before diving into the game. Im My Opinion.
Posted by CRab on :
pos = NDOL at the moment, lol...
Posted by CRab on :
Posted by Jason0321 on :
yeah i saw that. the only oil stock on my list that is down
Posted by 10of13 on :
quote:Originally posted by Johnvh2811: im a new day trader to the game i need to know how to make real money
and what does eod, eow, pos, mm, and imo means
Hey John...welcome abaord...
Try these threads...and a book called 'a bigginer's guide to day trading on line" by Toni Turner
what are the L2s. i cant get them on ameritrade
Posted by Mysticobra96 on :
2x14 4x13
Posted by coalkickin on :
bid (2) *.14 ask (1) * .15
Posted by Johnvh2811 on :
is pgpm going up 2 morrow or later today
Posted by Johnvh2811 on :
im losing money right know
Posted by invester on :
I look for the continuation for this as well as FPPL.
Posted by Johnvh2811 on :
what are some hot picks right now
Posted by Mysticobra96 on :
Im not so optomistic the pps has went down all day, but maybe it will surge at the close.
Posted by gfm50 on :
I'm holding until EOW or even EOM so I don't really give a crap what happens today.
Posted by invester on :
quote:Originally posted by Mysticobra96: Im not so optomistic the pps has went down all day, but maybe it will surge at the close.
MM's collecting. Close higher, gap in the AM. There is to much oil.
Posted by mnvestor on :
Agree, collect now, play with MM, not against
Posted by Mysticobra96 on :
Not to much on the l2 bid side, bad thing?
Posted by sportsguy on :
Looks like the well has dried up!
Posted by Jason0321 on :
im so pissed i didnt wait to buy! i knew better when i did it
Posted by buckstalker on :
Mystic...give it a rest man...your agenda is obvious
Posted by redmax on :
Gotta say I am surprised to see it go this low. If I didnt have 300k shares I'd be loading up at 12-13 cents imo
Posted by CRab on :
.12 was the bottom...
i think, lol...
Posted by Mysticobra96 on :
You notice you don't see superman anymore. Cuz they already made money and are on to the next.
Posted by Jo4321 on :
I was surprised too. I thought that .16 was the bottom earlier today. Was too late for the rise and jumped in too soon during the downturn, but I still think it will continue to rise over the week.
Jo
Posted by CRab on :
.12 was the bottom...
i think, lol...
Posted by redmax on :
The thing is most of the people in this stock now are not the ones that made a killing yesterday. Since yesterday morning we have seen 150% of the float turn around. This means there should be a nice base somewhere around where it is at.
Posted by letitrideboy on :
the huge runs may or may not be over this is now a wait for the next big pr play
Posted by redmax on :
Moving back up nicely Posted by TruthLiesWithin on :
That PR better live up top at least 1/5th of it's truth.
Others took profits and ran.
It will start moving up again,
Posted by Mysticobra96 on :
I think to many ppl are on the sidelines waiting for it to make a move eod, I know I am
Posted by dkinvest on :
RE-READ THE PR: $ 33.15/Share potential at $60/barrel oil - we all know it will be higher than that.
This stock is so cheap at these levels - it is pathetic.
Posted by Johnwayne on :
Mystic - I am still in, with over 1/2 my shares, from .013. I sold just enough to lock in 1,000% profit. So what if Superman sold? What would you do with 1million trillion % profit? I will bet you he still has shares in this. I made my goal for the month of May, and than some, by May 2nd because of this pick.
Posted by Mysticobra96 on :
Its having a hard time building any momo here.
Posted by Jason0321 on :
there is no way we will see 33 bucks. there will be dilution or a buyout before that happens. my question is what is the top number we should be looking at. Oil is going to hit 100 a barrel. where does that leave PGPM?
Posted by buckstalker on :
Why do you have any interest then???
quote:Originally posted by Mysticobra96: Its having a hard time building any momo here.
Posted by Mysticobra96 on :
Im not saying he shouldn't have sold **** I would too. Im just saying hes not here talking about possibly buying back now is he.
Posted by banger187 on :
PGPM should be near .50 to .80 in the near term. Long term, I feel they will get bought out.
Posted by invester on :
It is so frickin predictable. The MM's drop and collect, then raise. FPPL/PGMP go higher over the course.
Posted by tonicma on :
Wow, I'm glad I sold some at 0.23. Anyhow I am all out now cause this thing is down tomorrow.
Posted by invester on :
quote:Originally posted by tonicma: Wow, I'm glad I sold some at 0.23. Anyhow I am all out now cause this thing is down tomorrow.
You said you sold yesterday. I disagree with your synopsis. Look at L2's, MM collecting, and will gap tomorrow in the AM. Over the course this will also be higher.
Posted by dkinvest on :
This will be at a minimum $1.00 by 5-26-2006, IMO. This company is expecting over a billion dollars in revenue - READ THE PR!
Posted by buckstalker on :
Seems that I've heard you say that before...hmmmm
quote:Originally posted by tonicma: Wow, I'm glad I sold some at 0.23. Anyhow I am all out now cause this thing is down tomorrow.
Posted by rocked on :
yea if that's true why are they on the penny..
Posted by Mysticobra96 on :
How are mm's collecting if Jeff and Ubss are selling millions and millions of shares at .14?
Posted by buckstalker on :
Mystic...if you don't like the stock...why you here??
quote:Originally posted by Mysticobra96: How are mm's collecting if Jeff and Ubss are selling millions and millions of shares at .14?
Posted by money? on :
This is pissing me off, i cant sell untill tomorrow because i already got in on a company and sold 3 times in the past 4 days. meaning im taking this loss like a lil *****. i got in at 18 and now getting irritated, but im hoping for that end of a day run and then gap up tomorrow then move up and secure a higher base and so forth and so forth.
Posted by banger187 on :
tonicma is just trying to get some cheap shares, smart man, he knows it will go up for some time to come.
Posted by ldbobby on :
725k at 0.183 O_o
Posted by invester on :
quote:Originally posted by Mysticobra96: How are mm's collecting if Jeff and Ubss are selling millions and millions of shares at .14?
That’s why it's rebounded from .11 to .16. We will see. You have your opinion.
Posted by buckstalker on :
Legit trade too!
quote:Originally posted by ldbobby: 725k at 0.183 O_o
Posted by NoWhen2HoldEm on :
Two types of people who I really think are nothing more than scum on these boards.
A. People who sell then turn around and degrade the stock
B. People with different agendas who hang around dropping negatives anywhere they possibly can.
Nothing more than total scum
Posted by Mysticobra96 on :
752k buy at .183 gets my attention!
Posted by buckstalker on :
BINGO...I can't stand the lowlifes either!
quote:Originally posted by NoWhen2HoldEm: Two types of people who I really think are nothing more than scum on these boards.
A. People who sell then turn around and degrade the stock
B. People with different agendas who hang around dropping negatives anywhere they possibly can.
Nothing more than total scum
Posted by buckstalker on :
It should...
quote:Originally posted by Mysticobra96: 752k buy at .183 gets my attention!
Posted by Johnwayne on :
Investor - I have left money in here because of you, and what you taught me from NDOL. I'm sure you don't remember me but I was one who bought NDOL at .20 and sold at .30. You called me out and you were right. So I will leave some in here unless it dips below .10. Thanks for the advice. I put it to good use.
Posted by banger187 on :
Typical MM bullchit. If you don't have guts of steel I suggest u do not buy any penny stocks because the MM's will give u a heart attack.
Posted by SuperSniper00 on :
Even if this stock is legit...the chart is going to correct itself sooner or later.
Buy low sell high.
Posted by ldbobby on :
752k at .183
Posted by invester on :
quote:Originally posted by Johnwayne: Investor - I have left money in here because of you, and what you taught me from NDOL. I'm sure you don't remember me but I was one who bought NDOL at .20 and sold at .30. You called me out and you were right. So I will leave some in here unless it dips below .10. Thanks for the advice. I put it to good use.
.17 Baby.
Posted by Johnvh2811 on :
i bought at 25
Posted by mnvestor on :
Hope people got off the sidelines during the dip
Posted by Jason0321 on :
NDOL did the same thing...pulled back to about 17 after the initial run. then traded sidways/slightly upward for a few days before breaking out again.
Posted by Johnvh2811 on :
stupid me
Posted by Jason0321 on :
quote:Originally posted by Johnvh2811: i bought at 25
dont feel bad. im in the same boat.
Posted by Johnvh2811 on :
is it going up again
Posted by redmax on :
Looking real strong. Watch for a nice run this last hour of trading.
Posted by Mysticobra96 on :
chillin here at .17 i cant tell if its going to go up or down
Posted by ldbobby on :
my $180 investment at .11 in this is making me rent money right now =D
go eod run!!
Posted by Johnvh2811 on :
i hope so redmax
Posted by banger187 on :
ldbobby, u an amatuer trader ain't you.
Posted by invester on :
quote:Originally posted by Mysticobra96: chillin here at .17 i cant tell if its going to go up or down
There’s your problem right there.
Posted by Johnvh2811 on :
not at all bobby
Posted by buckstalker on :
Nice buys coming in now...it's chit or get off the pot time Mystic...
Posted by ldbobby on :
pretty much, learned a lot these past two months
Posted by js49886 on :
wonder how much/if its gonna gap tomorrow
Posted by dkinvest on :
If you guys don't like watching stocks go up-down-up-down-up-etc...then buy some QBID, PAIM, or CFWG.
Posted by Mysticobra96 on :
With all this buying and the pps isnt moving how can you tell if its going to go up or down? They may have millions of shares to sell at .17 who knows
Posted by banger187 on :
Do any of you guys follow *****'s stock picks? He is all hype and he only brags about the stocks that does well and the stocks that pay him conpensation for promoting them.
What is your take on him?
Posted by buckstalker on :
You can't...Grow some balls...
quote:Originally posted by Mysticobra96: With all this buying and the pps isnt moving how can you tell if its going to go up or down? They may have millions of shares to sell at .17 who knows
Posted by banger187 on :
Regarding my last post i was referring to L e b e d's picks
Posted by letitrideboy on :
who? If thats true castrate him!
Posted by Mysticobra96 on :
and look at the ask drop now. Only thing that pushed it up were those 2 buys and no now not enough ppl following suite.
Posted by buckstalker on :
Now that's funny...
quote:Originally posted by dkinvest: If you guys don't like watching stocks go up-down-up-down-up-etc...then buy some QBID, PAIM, or CFWG.
Posted by Mysticobra96 on :
Sorry buck Im not playing w/lunch money so Im going to have to be pretty damn sure if Im going to buy in and Im not going to do it when the min/min rsi is up in the 60's Ill wait for it to fall again.
Posted by J_U_ICE on :
quote:Originally posted by dkinvest: If you guys don't like watching stocks go up-down-up-down-up-etc...then buy some QBID, PAIM, or CFWG.
a can attest to that
Posted by letitrideboy on :
wooo hoo Just got 15 million CFWG!!! lmao
Posted by invester on :
quote:Originally posted by Mysticobra96: and look at the ask drop now. Only thing that pushed it up were those 2 buys and no now not enough ppl following suite.
You seem to complain allot, are you an amateur?
Posted by buckstalker on :
I don't care if you buy or not...just tired of your negativity towards the stock and your fence sitting. Make a choice...get in or stay out, but no reason to be here if you are out!
Posted by Mysticobra96 on :
I would venture to guess that we are all amateurs here, cuz if we weren't we would be rich and no need to sit on a message board to confirm our buys and sells w/others to make us feel better about them.
Posted by buckstalker on :
Again I ask..then WHY are you here?
Posted by letitrideboy on :
Mystic you would be surprised at how much money some of these guys are playing with. Many have already made 100k this year
Posted by Jason0321 on :
i wish that was me!
Posted by rocked on :
i'm rich, and im still here... :booyah:!
Posted by invester on :
quote:Originally posted by Mysticobra96: I would venture to guess that we are all amateurs here, cuz if we weren't we would be rich and no need to sit on a message board to confirm our buys and sells w/others to make us feel better about them.
I don't confirm anything with anyone. I do all of my own picks. I merely like the conversation of other traders. Trust me, I'm doing OK monetarily.
Posted by Mysticobra96 on :
The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
Posted by invester on :
And it's because, not CUZ.
Posted by invester on :
quote:Originally posted by Mysticobra96: The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
You are so wrong, about so many things. The next time you have a thought, let it go.
Posted by js49886 on :
quote:Originally posted by Mysticobra96: I would venture to guess that we are all amateurs here, cuz if we weren't we would be rich and no need to sit on a message board to confirm our buys and sells w/others to make us feel better about them.
That reminds me of a Song by Metallica... what was it??? SAD BUT TRUE
Posted by redmax on :
Guys cut the arguing out Please.
Looking real good with .15 on the buy
Posted by buckstalker on :
Sorry RedMax...just can't tolerate bashers...
Posted by Johnvh2811 on :
rocked what are your picks
Posted by dkinvest on :
quote:Originally posted by Mysticobra96: The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
Posted by rocked on :
PGPM, EFCR, OMOG will fall, but gap tomorrow pending pr. Oil's prices have come down due to saudi reserver, so I would still expect gains, but comapnies that can move oil will be better as it comes obviously, so I'm going to say PGPM gap morning, get in , get out, EFCR good gains, and OMOG with pending release of PR. I have more but that's for oil sector IMHO.
Posted by Johnvh2811 on :
30minutes till closing
Posted by Mysticobra96 on :
See what I mean u guys sat in this stock while it went down all the while superman was in atux making 180% gains in a few hours. Keep bashing me we will see what the pps is tomorrow.
Posted by Repoman75 on :
Mystic, what do you have 1 stock only you play? Not enough funds to play more??? I can sit here large and still play other plays. If you can't, then stop b1tching on this board.
You get 1 star for your squatting here. 1 star = POS.
Posted by Mysticobra96 on :
You can give me 1 star now and 5 at eod when it is apparent that I was right and you all were wrong.
Posted by buckstalker on :
Mysticdipchit...I bought in this stock at .011 made 10 grand so far and riding freebies...if you don't have anything noteworthy to say...then leave!!!
quote:Originally posted by Mysticobra96: See what I mean u guys sat in this stock while it went down all the while superman was in atux making 180% gains in a few hours. Keep bashing me we will see what the pps is tomorrow.
Posted by invester on :
quote:Originally posted by Repoman75: Mystic, what do you have 1 stock only you play? Not enough funds to play more??? I can sit here large and still play other plays. If you can't, then stop b1tching on this board.
You get 1 star for your squatting here. 1 star = POS.
Well spoken. I'm in 35 other stocks. Allot are larger plays, but still in 12 pennies. What a poor joke.
Posted by rocked on :
not that this isn't fun and all, but this is the pgpm thread, not bash mystic, his reward will be losing his money lol, anyway...
Posted by redmax on :
I have 300,000 shares remaining in PGPM. I got in at 1.3 cents yesterday morning. I sold only 20k shares. I am in this for the long haul. If it does what I expect, I will have a cool 500k
Posted by Repoman75 on :
What was Mystic's prediction? Back to .12 ... year right.
Posted by gfm50 on :
This will drop to .0001 so I can get my gold.
Posted by redmax on :
I think a close arounf 15 or 16 cents would set things up nicely for another good run tommorow AM
IMO
Posted by SuperSniper00 on :
quote:Originally posted by Mysticobra96: The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
He is right...the guys who made bank on RSHN were the guys who bought in at .0004 like JoeMillion.
Although I did buy PGPM at .105 yesterday and sold at .185 today...either way the chart will correct itself. It always does.
Posted by Mysticobra96 on :
Gap down tomorrow IMHO not enough buying pressure here.
Posted by Repoman75 on :
Damnit, I'm not talking about hour to hour anymore. Come see me at the end of this month and end of June and compare this to all the other picks out there (except maybe NDOL) and tell me where we stand.
Posted by redmax on :
I expect a small gap up tom mornign with a nice run like today. There is plenty fo buyign pressure. We have cycled through 150% of the Float in the last 2 days alone!
Posted by buckstalker on :
Mystic...you are pathetic man...lost all credibility with me today....nothing but scum IMO...
Posted by gfm50 on :
quote:Originally posted by Repoman75: Damnit, I'm not talking about hour to hour anymore. Come see me at the end of this month and end of June and compare this to all the other picks out there (except maybe NDOL) and tell me where we stand.
Yup exactly. I am likely holding this until the EOM.
Posted by Repoman75 on :
Umm.. let's see. Day 2, and we're up 60%. Wanna bet FPPL and OMOG are not up tomorrow 60%?
Posted by banger187 on :
Gap up tomorrow, too much buying pressure to stop this freight train.
Posted by gfm50 on :
quote:Originally posted by gfm50: This will drop to .0001 so I can get my gold.
No one got the stocksforfun reference? hehe
I'd expect former JPPHCers would...
Posted by Mysticobra96 on :
Look Im not saying this is a bad stock and its going to tank or anything. Im just saying I think a lot of ppl bought in expecting some more 900% days. My point is they are done and gone. It ran 2600% in two days. Consider yourself lucky if u made money and move on.
Posted by invester on :
quote:Originally posted by SuperSniper00:
quote:Originally posted by Mysticobra96: The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
He is right...the guys who made bank on RSHN were the guys who bought in at .0004 like JoeMillion.
Although I did buy PGPM at .105 yesterday and sold at .185 today...either way the chart will correct itself. It always does.
I bought XSNX at .16, USXP at .0005, RSHN at .001. NDOL at .06, and .145. I know where value is guy. I'm making the dough. These arguments are so inane. You guys are just bad traders, that’s all, end of story.
Posted by mos on :
I'm new to the boards and fairly new to the stock world. I've been watching PGPM since yesterday but I have no available funds until tomorrow or possibly Thursday so I've been unable to get in on it. Congratulations to all that have made good money on this. Perhaps I'll still get in on it or if not something else will come along eventually....
Posted by Repoman75 on :
quote:Originally posted by gfm50:
quote:Originally posted by gfm50: This will drop to .0001 so I can get my gold.
No one got the stocksforfun reference? hehe
I'd expect former JPPHCers would...
I got it.. just trying to forget about that nightmare.
Posted by gfm50 on :
quote:Originally posted by Mysticobra96: Look Im not saying this is a bad stock and its going to tank or anything. Im just saying I think a lot of ppl bought in expecting some more 900% days. My point is they are done and gone. It ran 2600% in two days. Consider yourself lucky if u made money and move on.
Teh?
I expected to make 100% today and I did.
I am expecting to make about 36% more this week I and I bet you I will.
Posted by Repoman75 on :
All buys now at .16 on the ask
Posted by invester on :
quote:Originally posted by invester:
quote:Originally posted by SuperSniper00:
quote:Originally posted by Mysticobra96: The ones that are up 100k aren't buying this stock at .10 they were buying it at .011 and buying rshn down at .005 and vrdm at .05 They leave these prices for the bagholders.
He is right...the guys who made bank on RSHN were the guys who bought in at .0004 like JoeMillion.
Although I did buy PGPM at .105 yesterday and sold at .185 today...either way the chart will correct itself. It always does.
I bought XSNX at .16, USXP at .0005, RSHN at .001. NDOL at .06, and .145. I know where value is guy. I'm making the dough. These arguments are so inane. You guys are just bad traders, that’s all, end of story.
Where did mystic go with his predictions?
Posted by redmax on :
The below statement is a terrible suggestion. Just because you make money in a stock you are supposed to move on? The stock went up for a reason, and I feel that reason is why it will continue to skyrocket!
<<Look Im not saying this is a bad stock and its going to tank or anything. Im just saying I think a lot of ppl bought in expecting some more 900% days. My point is they are done and gone. It ran 2600% in two days. Consider yourself lucky if u made money and move on.>>
Posted by banger187 on :
MM's are holding it at .16 for tomorrow's gapper.
Posted by gfm50 on :
quote:Originally posted by redmax: The below statement is a terrible suggestion. Just because you make money in a stock you are supposed to move on? The stock went up for a reason, and I feel that reason is why it will continue to skyrocket!
<<Look Im not saying this is a bad stock and its going to tank or anything. Im just saying I think a lot of ppl bought in expecting some more 900% days. My point is they are done and gone. It ran 2600% in two days. Consider yourself lucky if u made money and move on.>>
Yup exactly. This is a really solid company, EOM holders will be greatly rewarded.
Posted by Repoman75 on :
I could care less about the company, if it's run like a zoo or whatever. Bottom line, very few small oil companies exist anymore. When these guys strike oil, they end us selling those reserves to the big boys - plain and simple. That's what I'm expecting here. That PR wasn't for the public, it was for potential suitors. These guys want to be billionaires and dump their shares for a few bucks. That's why you won't see dilution either.
Posted by imakmony2005 on :
ya well thanks for the cash, and i will play agian if it runs.lol
Posted by invester on :
quote:Originally posted by Repoman75: I could care less about the company, if it's run like a zoo or whatever. Bottom line, very few small oil companies exist anymore. When these guys strike oil, they end us selling those reserves to the big boys - plain and simple. That's what I'm expecting here. That PR wasn't for the public, it was for potential suitors. These guys want to be billionaires and dump their shares for a few bucks. That's why you won't see dilution either.
They will never learn. This is why they stay poor.
Posted by redmax on :
Exactly Repo, Exactly.
Very nice close today, I'm looking for a nice gap up and run in the AM
Posted by banger187 on :
Repoman brings up a great topic. I was wondering why the company would issue that type of a pr to its shareholders. Now that you mentioned it, it seems more logical that the pr was not for us but for potential buyers of the company.
Posted by SYGY on :
same--in at .025 out at5 grand
Posted by gfm50 on :
quote:Originally posted by Repoman75: I could care less about the company, if it's run like a zoo or whatever. Bottom line, very few small oil companies exist anymore. When these guys strike oil, they end us selling those reserves to the big boys - plain and simple. That's what I'm expecting here. That PR wasn't for the public, it was for potential suitors. These guys want to be billionaires and dump their shares for a few bucks. That's why you won't see dilution either.
Well that is what makes it a solid company Repo =P...
Posted by Repoman75 on :
Strike while the iron is hot. THat's what these guys are doing.... think about it. Oil is an alltime high - now is the time to sell based on current oil prices. Oil won't stay this high forever.
Posted by banger187 on :
If NDOL can get a buyout offer, PGPM could get one sooner or later.
Posted by CRab on :
NDOL hasn't gotten one yet...
Posted by invester on :
Ask .22 I like those numbers.
Posted by Apollyon on :
Anyone see the ask bump to .22 after the close?
Posted by dkinvest on :
quote:Originally posted by redmax: The below statement is a terrible suggestion. Just because you make money in a stock you are supposed to move on? The stock went up for a reason, and I feel that reason is why it will continue to skyrocket!
<<Look Im not saying this is a bad stock and its going to tank or anything. Im just saying I think a lot of ppl bought in expecting some more 900% days. My point is they are done and gone. It ran 2600% in two days. Consider yourself lucky if u made money and move on.>>
Some people just can't see the light, no matter how close you put the light up to their face.
Posted by CRab on :
e*trade is showing all zeros at the moment and no charts...they are terrible about that...
Posted by banger187 on :
w w w .jpost.com/servlet/Satellite?cid=1145961269790&pagename=JPost%2FJPArticle%2FShow Full
Posted by Repoman75 on :
Banger, can't open it... post it the article.
Posted by banger187 on :
JPost.com » International » Article May. 2, 2006 17:15
Iran: Crude oil could hit US $100 a barrel By ASSOCIATED PRESS NEW DELHI [Print this Article] [EMail this Article] [Subscribe] [SMS Alerts] [JPost Toolbar] [JPost ePaper]
Iran's deputy oil minister, M. H. Nejad Hosseinian, on Tuesday said crude oil prices are likely to hit US $100 a barrel this coming winter as demand outpaces supply.
"By winter, it is very much possible," Hosseinian said, when asked by reporters if global crude prices would peak at around US $100 barrel.
"Oil supply in the short term cannot be increased," he told reporters in New Delhi, according to Dow Jones newswires.
Posted by dkinvest on :
quote:Originally posted by banger187: JPost.com » International » Article May. 2, 2006 17:15
Iran: Crude oil could hit US $100 a barrel By ASSOCIATED PRESS NEW DELHI [Print this Article] [EMail this Article] [Subscribe] [SMS Alerts] [JPost Toolbar] [JPost ePaper]
Iran's deputy oil minister, M. H. Nejad Hosseinian, on Tuesday said crude oil prices are likely to hit US $100 a barrel this coming winter as demand outpaces supply.
"By winter, it is very much possible," Hosseinian said, when asked by reporters if global crude prices would peak at around US $100 barrel.
"Oil supply in the short term cannot be increased," he told reporters in New Delhi, according to Dow Jones newswires.
I'm beginning to think the only stocks worth buying are oil companies. Anyone else feel the same?
Posted by Repoman75 on :
It depends. IMO, most of these "oil" pinks are garbage and Exxon should be the play.. but it's not, why?
If you can answer that question, you will understand which "oil" stocks to play, and which are like the bird flu plays of last month.
Posted by Johnwayne on :
If this stock had nothing going for it it would have tanked today. Instead it went up 60%. Next big sell off I see coming may be Friday afternoon and that is typical end of week selling. But that sell off might be tempered by people buying in for next week. Too much potential to sell right now. Again I will hold as long as it's above .10. I expect MM's to try to shake hard tomorrow and no gap.
Posted by redmax on :
Steady Climber posted this on market millionaires forums:
ok so i think its good that he CALLED ME BACK TO START, anyway Q when can we expect foolow up pr A "very soon, within 10days tops"
Q will we see financils for the future rev? A "absolutely" "projections will be validated" these are his words! i took notes
Q how many barrels last year A 20 mill
Q how many this year A 130 mil
Q projections for 07: A between 180-200mill barrels
took my email and said that he can send me thier financials up to date, not including yesterdays pr, TODAY! i like that,
ed monet sounds like a kid but he was able to answer my Qs with no studdering or long pauses or anything like that he ended the call by welcoming any other questions just call, and he felt that this co.
"would be trading much higher in the next few weeks" Quote: by ed monet
Posted by gnulnx on :
"It depends. IMO, most of these "oil" pinks are garbage and Exxon should be the play.. but it's not, why?
If you can answer that question, you will understand which "oil" stocks to play, and which are like the bird flu plays of last month."
Because it takes a billion of dollars to double the price of XOM and only thousands to double pgpm and other pennies
Posted by acemidland on :
wow...thanks...no ish.......i think this thing will rival ndol's run....no doubt about it....i had ndol * .14......put your kids college money in this one...its a no brainer
Posted by moosehead9nc on :
lol, it feels as if everyone on the board is hitting it big with profits over the last couple days...very nice, everyone's happy when they make money
Posted by invester on :
Even after today.
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1600 +0.0600 44153164 +60.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 3936030
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 1701546
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1013366
Overall Average: 100% - Buy
Posted by gnulnx on :
Investor that is good....because I bought!!! at .18.
Posted by banger187 on :
Wow, another 100% buy rating, now that is truely amazing.
Posted by js49886 on :
Didn't get in at what I wanted. Looks like Im waiting till it bottems out again. Posted by dkinvest on :
quote:Originally posted by dkinvest: This will be at a minimum $1.00 by 5-26-2006, IMO. This company is expecting over a billion dollars in revenue - READ THE PR!
Make that 10 BILLION dollars.
...At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets... Posted by moosehead9nc on :
you guys think tommorrow will be another 50 percent day?
Posted by Repoman75 on :
I'm guessing a close at .20 - .22. SLow steady climb to .5
Posted by gnulnx on :
I agree with repoman. It's hard to say from here. I mean we could easily get a 50% correction, from here, and still have a solid run to a dollar. momentum plays are so hard on the emotion if you don't get in on the first run.
Posted by netfreak on :
You think we will close at .20 tomorrow Repoman75??? I do not want you guys to think I am a basher but I think this one will hit .10 tomorrow on the gap and then bounce back up. If all the volume today made it finish at .15 what makes you think it will finish tomorrow at .20 again I am just curious not bashing???
There was no gap so unless nobody believes in this stock anymore, no reason to drop down.. in fact, we now have a gap up... you'll see what I mean tomorrow.
We had no base in the .20's, yet all buyers in the single digits. Now we have a ton of buyers in the teens... we have a new base.
Posted by Repoman75 on :
More news from ihub... damnit, I have funds waiting to clear that I want to dump in here... such an easy double... and if you're playing with more than few thousand, a 100% gain is all you need to make your summer.
I have GOOD NEWS to report. After nearly 20 attempts to get Edward on the phone, I finally succeded. There is a Financial PR Coming, would not give a day or time other then SOON! The web site is going to be updated and go through some changes to reflect the prosperous growth of the company. Revenue continues to climb but would not give numbers, it will be in the PR. I hit base with him regarding geological surveys and computer mapping the terrain. Yes it has all been done. I had to ask this question, Do you see each share of stock being worth between 2-7 dollars, He would not answer direct but stated with a laugh it will be extremely high.
IMO, any one to sell low right now is a fool! Your not a fool to sell after 1.00. I am throwing in another 20k to this company and going for the high that will IMO hit end of June. We will be at 1.00 in the next 2 weeks with no difficulty at all
MY NOTE: IF NDOL HIT .83 in over 3 weeks time with 48 million barrels of OIL and this company has 900 million barrels PLUS NATURAL GAS RESOURCES, I SEE THEM FLYING THROUGH THE CLOUDS.
THERE PR AND NUMBERS JUST RELEASED ARE RIGHT ON THE MONEY.
Note From There WEB SITE:
North West Texas Projects: Pilgrim acquired more than 100 wells in Archer, Wichita County, Northwest Texas, most of which had been shut-in in the 2001 when the Railroad Commission of Texas changes the requirements for bonding operators in Texas. This has resulted in an exceptional program.
Currently, the Pilgrim is concentrating its efforts in the Lilly Hooks Field, where three Sand Zones are oil productive across the entire Field. The D Zone is the principal producer, with non-proven reserves of about 100,000 barrels per well. The A and B Zones have reserves of about 25,000 barrels each. Pilgrim owns about 80 old wells in the area, and it will drilling new infill wells. During the next six months. The old wells are currently being recompleted in the A and B Zones.
Overview
One of the hottest domestic natural gas reserves, the Barnett Shales growth has been very impressive, from around 275 mmcfd in late 1999 to around 900 mmcfd today, mostly comming from the areas of Denton, Tarrant and Wise counties.
The Barnett Shale formation in the Fort Worth Basin stretches over 5,000 square miles, and across 10 counties. At a depth of between 7,000 and 9,000 feet, the layered rock formation which is unusually rich in raw materials demonstrates strength of 400 to 900 feet and is the most productive gas field in all of the U.S.
During recent years over 2,500 boreholes have been sunk into the Barnett Shale without a single failed drilling.
Posted by moosehead9nc on :
i wonder how legit the source is
Posted by tmanfromtexas on :
Thanks a bunch Indef for that statement. I quickly glanced at it and I saw NO problems. Of course I am not a CPA. lol. A nice well crafted PR that can be verified and not one that says we are going to the moon should do wonders for this baby. TMAN...
Posted by cougarfeather on :
Are you freakin kidding me. NDOL has 48million compared to this one at 800 million. Even if they have 10% of that it is significantly more than 48 million.
This thing is going to be huge! These prices are a steal.
I think $33 is a bit ridiculous....but maybe $1 or $2 is more reasonable
Posted by cougarfeather on :
And not only that, it appears this is a company in the pinks that is not having a negative net income, granted the financials are unaudited....but none the less.....that is not at all common in pinky land.
Posted by superman7 on :
wow u guys who are holding i really respect you guys i couldnt hold this any longer i am out but this could easily see $1 very soon!!
i just had to take my 2000% gain in 2 days though
anyways goodluck guys
Posted by netfreak on :
Superman:
Or King Midas I should say. Seems like everyting this man touches turns to gold.....What is your take on this stock do you think this stock has the $1 potential???
Posted by redmax on :
I'm still in from the beginning. If this were to hit 50 cents by weeks end I would not be at all surprised.
Buckle up folks, more good news and PRs are on their way
Posted by superman7 on :
netfreak anything is possible, but i took my profits and ran...i have learned my lesson too many times(the hard way)with penny plays in the 8 years now that i have been doing this for
but goodluck with it
and honestly i do see it going higher but a big drop is coming soon i think
Posted by madmoney on :
I have some Q`s here. the entire state of texas has about 160 thousand oil wells on hundreds of thousands of acres scattered all over the state these wells together produce about 360 million barrels of oil a year for the whole state. someone posted the company said they will produce 180 to 200 million barrels in 07, thats over two thirds the production level for the entire state!. a recent post says they have 100 wells with UNPROVEN reserves of 100,000 barrels each, thats 10 million barrels of unproven reserves, where are the other 890 million barrels and how long will it take to sink the 40 or 50 THOUSAND wells it would take to bring it up! the last quarterly report shows 500 odd thousand barrels of probable reserves, someone posted the company said they produced 20 million barrels last year, how come the annual report did not mention it?. there is something wrong with this picture.
Posted by js49886 on :
quote:Originally posted by redmax: I'm still in from the beginning. If this were to hit 50 cents by weeks end I would not be at all surprised.
Buckle up folks, more good news and PRs are on their way
Dang. You must be sitting on a pile. Damn I wish I could of got it when it dipped to .11, trade wouldn't execute though. Same when I tried for it at .14, it must of hit it a bunch of times today but I still didnt get it.
Posted by indef on :
quote:Originally posted by tmanfromtexas: Thanks a bunch Indef for that statement. I quickly glanced at it and I saw NO problems. Of course I am not a CPA. lol. A nice well crafted PR that can be verified and not one that says we are going to the moon should do wonders for this baby. TMAN...
I pointed to Dec 2005 status to give an opportunity to play with... Based on 23 million reserves and oil prices last winter the PPS should be around .10 at January 2006... Now - assume that reserves of 900 million is premature and say that 300 million is more realistic (don’t let me wrong – just playing with numbers)... Even with this assumption the Pilgrim is MULTI-BILLION company and PPS should be around $1 very, very soon... Just my 2c
Posted by tmanfromtexas on :
I guess it just takes getting noticed and the powers that be allowing it to run. TMAN...
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1600 +0.0600 44153164 +60.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 6143428
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2584127
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1452712
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1600 0.0133 0.1833 0.3533
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Subscription benefits include the ability to search through all technical analysis featured on the site
FOF THOSE WHO SRE IN NORD, I PULLED THIS FROM ANOTHER BOARD.
Join Date: Feb 2006 Location: Montreal, Qc Posts: 103 Well, I actually just met Mr Parkin in person. Nice office, in a building with head offices of major canadian companies (Metro, Télébec). I was expecting much less.
Very nice fellow. We talked for about 15 minutes. Seemed happy to talk to a local investor.
He was a bit overwhelmed about the number of calls he received today (said his answering machine was full with 56 messages). He does take a look about what is being said of NDOL on the Internet. He seems very concerned about being available and answering to people's questions.
He explained that merging two big companies takes time and a lot of legal papers. Mentioned important points like the new structure of the company after the transation. The deal will take some time to complete. The PR might be tomorrow, but it could also be next week. Seeing how hard he was working (desk with mountains of legal papers), I wouldn't hold my breath.
He also explained he was paid in restricted actions, which he cannot sell until October. In other words, it's his best interest to raise the PPS.
And I'm now completly conviced it is going up. I'll be putting all my money in here asap. NDOL is the real deal.
Posted by dkinvest on :
quote:Originally posted by tmanfromtexas: I guess it just takes getting noticed and the powers that be allowing it to run. TMAN...
Even Jim Cramer is buying this IF he knows about it.
He would be saying that this is "A HOUSE OF PLEASURE"
LOL
Posted by Repoman75 on :
Guys, again, this ran up not because Superman posted it here... Allstocks isn't the be all and end all of stock traders. People saw the potential and wanted in. TODAY, it ran up because of traders mostly, but still more longs accumulated. If the firm does release another PR reiterating their claims, and releasing some financials, then more and more accumulation will occur with a slow but steady uptrend DAILY. Traders will still run this but we will be seeing less and less runups (and rundowns) over the next few weeks. Tomorrow, probably only 10 - 20% gain.
There is no pump and dump here right now (maybe in the future, but not now). Americ an Bulls doesn't have this stock listed, neither does RB. This stock is relatively unknown in the investor community. Give it time. If future PR's are fluff and financials stink, then dump it (I will). But if they back up their claim, WITH ONLY 80 MIL. SHARES OUTSTANDING, this is a no-brainer of no brainers.
Posted by dkinvest on :
I can deal with consistent 10-20% daily gains for a month or two, which I see for this stock....
Sporadic 50-150% gains are unhealthy for a stock, IMO
Posted by gnulnx on :
"Sporadic 50-150% gains are unhealthy for a stock, IMO"
Yeah but there are great for human health if you are holding the stock!
Posted by Repoman75 on :
More DD... listen to the interview - "seeking acquisitions to move to another level (OTC)"
Key PR's: IRVING, Texas, July 5 /PRNewswire-FirstCall/ -- PILGRIM Petroleum Corporation (PGPM), an independent oil and gas company, announced today corporate changes. Effective July 1, 2005, the President of the company, Ms. Kimberly Tiemersma has resigned and was replaced by Raphael Pinedo, who has been working as a Director and spokesman of the company for some time. Pilgrim's goal is to consistently increase shareholder value through discipline and execution of its business model. Pilgrim's strategy is to add value and reserves through the identification of prospects and marginal leases ...
Posted by dkinvest on :
quote:Originally posted by gnulnx: "Sporadic 50-150% gains are unhealthy for a stock, IMO"
Yeah but there are great for human health if you are holding the stock!
LOL - Ya but, along with sporadic gains, the stock declines 50-100% for 3-5 days in between.
I don't know about you, but it sure wouldn't be healthy for my body, as my liver will be cussin' me out every morning. lol
Posted by Repoman75 on :
And this PR... something is up here.
Pilgrim Petroleum Has Launched Chinese and French Versions of Its Website Wednesday April 5, 10:22 am ET
IRVING, Texas--(BUSINESS WIRE)--April 5, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News), an independent oil and gas company, announced today it has launched Chinese and French versions of its Website, www.apetroleum.com, to promote Pilgrim Petroleum's prospects and help divest non-operated oil and gas interests in the Texas counties of Wichita, Clay and Archer. We have targeted two companies in Primary and Secondary Recovery Techniques that will allow Pilgrim Petroleum to considerably increase its existing production levels. These new plans are intended to capitalize on the optimization of Pilgrim Petroleum's existing assets and capabilities by streamlining operations. ADVERTISEMENT
Rafael Pinedo, Pilgrim Petroleum's President, said, "This opportunity will provide us with an exciting opportunity to move forward through association with a dynamic industry and reflects the company's strategy for strengthening its presence with our partners in Tianjin, China, and Montreal, Canada."
Posted by dkinvest on :
quote:Originally posted by Repoman75: And this PR... something is up here.
Pilgrim Petroleum Has Launched Chinese and French Versions of Its Website Wednesday April 5, 10:22 am ET
IRVING, Texas--(BUSINESS WIRE)--April 5, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News), an independent oil and gas company, announced today it has launched Chinese and French versions of its Website, www.apetroleum.com, to promote Pilgrim Petroleum's prospects and help divest non-operated oil and gas interests in the Texas counties of Wichita, Clay and Archer. We have targeted two companies in Primary and Secondary Recovery Techniques that will allow Pilgrim Petroleum to considerably increase its existing production levels. These new plans are intended to capitalize on the optimization of Pilgrim Petroleum's existing assets and capabilities by streamlining operations. ADVERTISEMENT
Rafael Pinedo, Pilgrim Petroleum's President, said, "This opportunity will provide us with an exciting opportunity to move forward through association with a dynamic industry and reflects the company's strategy for strengthening its presence with our partners in Tianjin, China, and Montreal, Canada."
Canada & China (Big Fish)
Are they intending to export oil that they extract to these countries? If so, China will gobble up all of that chit at a price to be determined by PGPM, IMO. We all know how fast China is growing.
Posted by Repoman75 on :
Nope... DIVEST = sell my man. SELL. That's the whole point of the PR. They are advertising to potential buyers that they have wells with PROVEN reserves that are not operational right now that they are willing to sell..
Posted by dkinvest on :
quote:Originally posted by Repoman75: Nope... DIVEST = sell my man. SELL. That's the whole point of the PR. They are advertising to potential buyers that they have wells with PROVEN reserves that are not operational right now that they are willing to sell..
Are you saying to sell tommorow?
Posted by redmax on :
No he's saying they were advertising to the chinese market to sell oil or oil reserves to. I think he is basically saying this is a BUY!
Posted by dkinvest on :
quote:Originally posted by redmax: No he's saying they were advertising to the chinese market to sell oil or oil reserves to. I think he is basically saying this is a BUY!
That was what I was asking in the first place. lol
Posted by Repoman75 on :
I don't think that they are going to sell oil, but the wells themselves. I think they have too many wells... and only some are operational WITH proven reserves. Therefore, they sell some garner cash to do acquisitions themselves... that's the whole point about streamlining operations.
Posted by dkinvest on :
quote:Originally posted by Repoman75: I don't think that they are going to sell oil, but the wells themselves. I think they have too many wells... and only some are operational WITH proven reserves. Therefore, they sell some garner cash to do acquisitions themselves... that's the whole point about streamlining operations.
Are you suggesting that they are going to sell the oil wells, along w/ exclusive access on American soil, to extract OUR precious oil, to a foreign country?
Posted by Repoman75 on :
Or lease them? I'm not sure... I e-mailed them for further clarification.
Maybe it's a bluff so that Exxon will come in and scoop them up? I don't know.
Posted by banger187 on :
Either way, i don't care if they sell the oil to China or some other country, as long as they make us money is all that matters.
Posted by dkinvest on :
quote:Originally posted by banger187: Either way, i don't care if they sell the oil to China or some other country, as long as they make us money is all that matters.
Good Point - Let's hope it's for top dollar.
Posted by dkinvest on :
I will buy Sh*tload more tommorow. Chinese buy into this, it will be HUGE!!
Posted by banger187 on :
The Chinese are looking for oil from all over the world, from Iran to Nigeria. They need oil and they will not slow down any time soon.
Posted by dkinvest on :
Hedge Funds should be buying into this, IMO
Posted by dkinvest on :
Posted by cougarfeather on :
everyone who wants to make some money should be buying in, imho.
look at the numbers...if they are close to right this thing is WAY undervalued.
I don't normally get this excited about stocks...but this one has all the makings of beachfront property.
Posted by TruthLiesWithin on :
If you try screening for decent oil companies under a dime or about that,,,,,there aren't many left...
Especially ones with actual proved reserves..
PGPM is on par with the many others trading in the $1 to $5 range...
Posted by dkinvest on :
Truth,
I agree....just wait until oil is $100/barrell... OIL stocks will put the dot.com era to shame.
Posted by lostone on :
wow, can't believe my sell limit of .235 got filled today.. wasn't able to watch this today and regret it.. o well.. i made a nice chunk off of this already.. still have 15% of my original shares left.. i think i'll stick around to see how far it can go.. i love free shares.. i still can't believe it.. i love this stock..and thank you again superman7
Posted by netfreak on :
Do you guys think this will gap tomorrow in the a.m. or will it just start going up again???
Posted by redmax on :
I think we may see a small gap up in the a.m then as buys start coming in it will take off again. I just get a general consensus from the forums that there are a lot of excited buyers in on this one.
Posted by redmax on :
L2's an Hour before open:
Buy 0.15 X 2 0.13
Sell 0.175
Looks to open strong Posted by gnulnx on :
I'm showing -3.12 in premarket. Of course it is very early still.
Posted by redmax on :
Wow the Sell just rose to 20 cents!
Of course its still early
Posted by gnulnx on :
Actually I think that was afterhours from last night and not pre-market. I still need to finish my coffee.
Posted by dkinvest on :
Looks like she's a gapper.
Posted by Repoman75 on :
Like Phil Helmuth in the WSOP, I'm going "all in". Just got back this e-mail from the CEO.
Dear XXXXXXX
Thanks for the interesting question!, We will announce very soon details about all your questions and some more exciting activities.
Best Regards
Rafael Pinedo
----- Original Message ----- From: To: rpinedo*bpetroleum.com Subject: Shareholder Question Date: Tue, 2 May 2006 17:53:18 -0700 (PDT)
Mr. Pinedo,
Just wondering what the reason was for creating websites in Chinese and French. Can you explain that further? Is Pilgrim looking to sell some assets / wells that are not in use but have proven reserves to foreign companies? Or lease them out? Also, who are Pilgrim's partners in Montreal and Tianjin?
Posted by redmax on :
Every 5 minutes I stumble across another large site featuring this stock. Things are going to go real high today. Just watch. Already gapping about 17% !
Posted by invester on :
What a gap. I love being right.
Posted by redmax on :
I see this thing possibly going to 40-50 cents by weeks end and much higher within 2 weeks when addition PRs are said to be released.
I don't see a downside to this stock. The float has turned over almost twice in the last 2 days. There should be very nice support in the 15 cent area. Only place to go is up IMO
Posted by Johnwayne on :
Invester- Are you still in LSMJ?
Posted by gnulnx on :
PGPM is gonna rocket out of the gates agin this am?? This is unbelievable.
Posted by redmax on :
L2's looking even better now: Buy .18 X 2 .15 .12 .10
Sell .20 .21 X 2 .22
Posted by Repoman75 on :
Goddamn funds won't clear! I want to put 10K in this instead of the measely 4K I have in now.
Posted by Repoman75 on :
This is not unbelievable, the only thing unbelievable is that I sold my .013 shares. After doing some DD, I should have held. But f&ck it. 30K shares at $1 is good for me for now.
Posted by juice on :
is this stock defining the expression "to the moon"? Posted by redmax on :
Wow!
Bid is now 20 cents and so is sell.
Remember folks this thing has a lot of buzz this AM. Will rocket up out fo the gate
Posted by juice on :
b/c $1.00 from .013 a few days ago seems like another galaxy. incredible. hats off to you guys who played this from the start on monday!!
Posted by gnulnx on :
Juice: Yes!
Posted by gnulnx on :
WTF? Bid. 1.95 ASK 2.00
ANYONE else see that???
Posted by money? on :
im sitting here looking at my computer screen a happy guy right now. i see this and NDOL gapping today since NDOL got a PR this morning that is pretty much stating "WE HAVE BEEN BOUGHT OUT" wink wink. Gooooooo PGPM and NDOL!!!!!!!1
Posted by buterjames on :
quote:Originally posted by gnulnx: WTF? Bid. 1.95 ASK 2.00
ANYONE else see that???
...wtf, I see it
Posted by MoneyMoneyMoney on :
.07 when I bought. Thought I was freakin going crazy but looky now. Keep going my black gold!!
Gapping up today!
Posted by Johnwayne on :
Looking good here. Let's hope it's not an MM head fake. I feel one coming one of these days.
Posted by Repoman75 on :
Head fake??? Johnwayne, it's just the beginning.
Where's that idiot MYSTICCOBRA, the other clown who said it would gap DOWN today. Morons. They are jumpers, and jumpers don't buy yachts and 7 series BMWs. Why? Because they can't spot an investment from a MOMO.
I give Superman all the credit in the world for the jump from .01 to .12... but the smart ones will stay until .5 - $1.
Slow and steady will win this race.
Posted by redmax on :
Looking very very strong this morning. Possible run up around 10 am, watch!
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1600 +0.0600 44905098 +60.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 6181025
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2599166
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1460231
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1600 0.0133 0.1833 0.3533
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Posted by Johnwayne on :
Repo- I bought a 16 foot Lund and a Ford F-150. Both are a far cry from a Yacht and a BMW. Don't have much use for Yachts in Iowa though. Good luck though and I hope your right as I still have half my shares from .013, your predictions sound good to me.
Posted by redmax on :
Holding real strong and seeing a ton of shares go at 20 cents. Once 20 breaks we are off to the races Posted by Johnwayne on :
God nobody is selling this thing.
Posted by mnvestor on :
"Clark, it's the gift that keeps on giving"
Posted by just_25 on :
quote:Originally posted by Repoman75: Head fake??? Johnwayne, it's just the beginning.
Where's that idiot MYSTICCOBRA, the other clown who said it would gap DOWN today. Morons. They are jumpers, and jumpers don't buy yachts and 7 series BMWs. Why? Because they can't spot an investment from a MOMO.
I give Superman all the credit in the world for the jump from .01 to .12... but the smart ones will stay until .5 - $1.
Slow and steady will win this race.
Are you refering to me repo, as the clown? Just like I told you PTSC would come back down when it was 2.25, now it's at .91 and you called an idiot then too. With no news this will come back down and I will buy 100K shares just like I said next week. I don't have a BMW yet but I do have a $46K Crossfire SRT6 and I'm only 25. I also own real estate in NC and MD. Don't call people morons for giving their own views.
Posted by Repoman75 on :
Just25, I wasn't talking to you at all bro! But if you're taking offense, maybe you're the one with the complex.
No harm, no foul.
Posted by redmax on :
Still holding strong at .19 and .20
Posted by just_25 on :
sorry I thought you were referring to me.. oops, I'm a little on edge, no sleep:)
Posted by Johnwayne on :
I'm getting a 42 inch wall mount tv this week. That's when the truck I drive, an F-150, will come in handy.
Posted by RCAnalyst2007 on :
superman7's new favorite GSPG..
Posted by Repoman75 on :
RCA, shouldn't you be touting MGEN somewhere?
Posted by Johnvh2811 on :
any pr yet
Posted by Repoman75 on :
PR yet? Now I know why I gave you 1 star yesterday.
Posted by Johnvh2811 on :
i.m new to this i bought at 19
Posted by buckstalker on :
Too funny Repo...
Posted by Johnvh2811 on :
are we gonna be stuck at 18 or 19 guys
Posted by Johnwayne on :
Repo- In the immortal words that Ron Burgendy spoke to his dog: "You cut right to the heart of me"
Posted by cougarfeather on :
certainly appears that we are stuck right now. what's going on L2. are MM mirroring?
Posted by buckstalker on :
Gotta love his candor Duke...
Posted by Johnvh2811 on :
ppl keep buying
Posted by Hiker on :
Damn.... Bought in again at .16 yesterday...put a sell in at .20 and sold for .21 this morning..
Does life get any better....
Posted by redmax on :
Buy the dips. Will run in the afternoon I feel.
Posted by Johnwayne on :
John- this will not jump up like it did Monday again. This will be a grind now. I'm hoping it moves up 20% a day, and that is good for any stock.
Posted by Johnvh2811 on :
john i hope aking to sell now and buy fppl i got a feeling on it
Posted by undefined on :
quote:Originally posted by Johnvh2811: john i hope aking to sell now and buy fppl i got a feeling on it
Down 20%. It's run was due in no small part to the buzz from PGPM.
Posted by Johnvh2811 on :
u sure
Posted by Johnwayne on :
Well good luck in whatever you decide John. I can tell you this: buying on "a feeling" is a risky way to do business.
Posted by iamsparticus on :
If you sold at .21 its back down to .175 now and is great opp. to flip and buy more now.
Posted by Johnvh2811 on :
so stick pgpm
Posted by Repoman75 on :
Hey Hiker, are you always successful at buying at the low of the day and selling at the high?
Ho hum, another 1 star.
Posted by gnulnx on :
This stock is going to .001.
Posted by cougarfeather on :
thanks for the valuable insight gnulnx
Posted by gfm50 on :
Patience my friends... The EOW price will be at least .26 again...
Posted by gfm50 on :
quote:Originally posted by gnulnx: This stock is going to .001.
Teh? How come?
Posted by Repoman75 on :
That's the a-hole from yesterday! gnulnx.
If this goes to .001, I'll let you tea bag me Garry Gnu.
Posted by rocked on :
yea dont post something like that unless you have freakin proof..
oh is it, i dont say this much, but if it is you gnu, your an effin idiot..
Posted by dbrownRC on :
does anyone have L2 for this? thanks
Posted by mnvestor on :
Another excellent entry IMO
Posted by gnulnx on :
Ok it was a horrible post. I have no idea were it is going. I just needed to get out. Will love to get back in if it comes down enough.
For me personally, I should have never gotten in on a stock up 1000% in 2 days. Didn't mean to offend anyone. I will refrain from the lame posts in the future.
Good luck to you all.
Posted by gfm50 on :
quote:Originally posted by gnulnx: Ok it was a horrible post. I have no idea were it is going. I just needed to get out. Will love to get back in if it comes down enough.
For me personally, I should have never gotten in on a stock up 1000% in 2 days. Didn't mean to offend anyone. I will refrain from the lame posts in the future.
Good luck to you all.
I made 100% on my money yesterday after it already went up 1000%.
Posted by lostone on :
i guess tomorrow will be more exciting..
Posted by TINPOZ on :
Looks like trouble, hopefully a nice rebound...............
Posted by invester on :
I'm out at .20. I think we see a pullback. NDOL is the safer play at the moment. I will be buying this on dips.
Posted by redmax on :
Looking like a nice rebound setting up. Check out the L2's:
Buy: 0.15 X 4 0.145 0.14 0.13
Sell 0.16 0.17 X 2 0.18 0.20 0.22
I also notice more MMs working this today. We could be ready for somethign big after lunch. Pay close attention
Posted by Johnvh2811 on :
really redmax it could go up after lunch
Posted by logical buyer on :
All oil stocks are down on the big boards today, due to higher than expected reserve levels. Oil plays may get quiet for a few days.
quote:Originally posted by invester: I'm out at .20. I think we see a pullback. NDOL is the safer play at the moment. I will be buying this on dips.
Posted by CRab on :
ask at .16 now...
Posted by juice on :
man .13 shes a fallin!... do i buy some... hmmmmmmmmmmmmmmmm
Posted by Repoman75 on :
YAAAAAAAAAAAAAAAAAAAAAAAAAAAWN.
Wake me on June 1st when it's .75.
Posted by invester on :
quote:Originally posted by logical buyer: All oil stocks are down on the big boards today, due to higher than expected reserve levels. Oil plays may get quiet for a few days.
quote:Originally posted by invester: I'm out at .20. I think we see a pullback. NDOL is the safer play at the moment. I will be buying this on dips.
I agree, but NDOL came out and said "significant offer". They also turned down the BB move. This tells me they accepted the offer. They took awhile to make sure the offer was good. This tells me it is a cash offer, and they needed to verify there financial backers, and there funds. NDOL is now a much safer, and better play than all of these combined. Posted by NEWBIE7 on :
Seems strange that Texas has that much oil undiscovered.... Better do more research...
Posted by TINPOZ on :
whats the deal is she sinking for good or does she have what it takes for another run???????????
Posted by invester on :
quote:Originally posted by invester:
quote:Originally posted by logical buyer: All oil stocks are down on the big boards today, due to higher than expected reserve levels. Oil plays may get quiet for a few days.
quote:Originally posted by invester: I'm out at .20. I think we see a pullback. NDOL is the safer play at the moment. I will be buying this on dips.
I agree, but NDOL came out and said "significant offer". They also turned down the BB move. This tells me they accepted the offer. They took awhile to make sure the offer was good. This tells me it is a cash offer, and they needed to verify there financial backers, and there funds. NDOL is now a much safer, and better play than all of these combined.
Posted by lostone on :
quote:Originally posted by NEWBIE7: Seems strange that Texas has that much oil undiscovered.... Better do more research...
do you know how big texas is?
Posted by NEWBIE7 on :
I think investor's right on this. PGPM needs more backup on its reserve info before pushing further. Just being safe on a pinkie...
Posted by Johnvh2811 on :
off to lunch we go
Posted by gfm50 on :
quote:Originally posted by Repoman75: YAAAAAAAAAAAAAAAAAAAAAAAAAAAWN.
Wake me on June 1st when it's .75.
Yup.
Posted by buterjames on :
...just todays dip!
Posted by NEWBIE7 on :
FYI
"The largest producer of oil and gas in the United States,Texas leads the world in the use of natural carbon dioxide(CO2) for enhanced oil recovery (EOR). Texas has bothtremendous oil reserves and currently unrecoverable oilresources that could be unlocked by CO2. With a newsource of captured CO2 to produce the oil, geologistsestimate that potentially 5.7 billion barrels of oil in Texas and 8.5 billion barrels of oil throughout the southern region of the United States could be recovered."
Are you telling me that PGPM (900m barrels, 1st page) owns 1/6 of the whole Texas's oil reserves?
Posted by Repoman75 on :
Newbie, good question. E-mail the CEO and ask him. I did yesterday night and he responded in the AM.
Posted by Apollyon on :
quote:Originally posted by NEWBIE7: FYI
"The largest producer of oil and gas in the United States,Texas leads the world in the use of natural carbon dioxide(CO2) for enhanced oil recovery (EOR). Texas has bothtremendous oil reserves and currently unrecoverable oilresources that could be unlocked by CO2. With a newsource of captured CO2 to produce the oil, geologistsestimate that potentially 5.7 billion barrels of oil in Texas and 8.5 billion barrels of oil throughout the southern region of the United States could be recovered."
Are you telling me that PGPM (900m barrels, 1st page) owns 1/6 of the whole Texas's oil reserves?
Perhaps even more than 1/6. This info states that PGPM is sub contracted to drill/pump in 5/12's of Texas' districts. Retrieved from PGPM's website, read below:
"American Petroleum Corp is an operator company and it is subsidiary of Pilgrim Petroleum for the purpose of providing well management services to small producers throughout the State of Texas. American Petroleum is a bonded and approved operator with the State of Texas and currently has more than 200 wells under management. American Petroleum operates wells in 5 out of 12 Districts in the State of Texas, where it provides a variety of operational services on a menu-type fee basis. Services include Basic Accounting, Land Administration, Regulatory Consulting and Reporting, Engineering, Environmental, Pumping and Drilling Supervision and Marketing. American Petroleum implements these services through a vast network of sub-contractors and consultants, thereby minimizing the staffing requirements to maintain a large operation. All sub-contract costs are passed through to the producer on a cost-plus basis. AP's compounded growth rate and positioning affords the Company to capitalize on acquisitions in strategic areas of interest and therefore creating more opportunities for investors to participate.
American Petroleum Goals The Company seeks to minimize its overhead and capital expenditures by subcontracting the drilling, redrilling and workover of wells to independent drilling contractors and by outsourcing other services. The Company typically compensates its drilling subcontractors on a turnkey (fixed price), footage or day-rate basis depending on the Company's assessment of risk and cost considerations on each individual project. The Company continues to seek strategic alliances with service and equipment companies, technological companies, and industry partners to maximize every dollar invested and diversify our risk."
the mms are still playing around
Posted by netfreak on :
****ING ARSHOLES!!!!
Posted by juice on :
looks like trading has slowed down. lot of sellers around today, but thats ok because it didnt tank. this will be good, i picked up some at .14 in anticipation of good things too come. oil is so hot. this held up much better then i thought. ill buy more if it dips but i expect another move up tomorrow in anticipation for next week.
Posted by Repoman75 on :
All oil plays that aren't being pumped or brand new are down... tell me in 1 month where they all stand.
Posted by letitrideboy on :
stop pumping the stock you companys!! and start pumping some oil!!
Posted by lostone on :
i think we're turning. .15 seem solid
Posted by IwantMore$ on :
Pilgrim Petroleum Corporation Announces Record First Quarter and Profitability
By BusinessWire Last Update: 5/3/2006 1:03:01 PM Data provided by
IRVING, Texas, May 03, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), announced today it achieved record sales and profitability for the previous quarter ending March 31, 2006; over triple from last year. The Company also maintained its debt free status and increased its shareholders equity. These figures don't include the value of our Puds or Unproven Reserves, we will include these figures on the next quarter since our proven reserves are increasing daily. Today current oil price structure and its know-how and cost-effective technology will contribute to targeting new prospects with low level risks and undiscovered recoverable and unrecoverable oil by traditional technology.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "Our financial performance for the quarter well exceeded our expectations and our previous guidance, yet we look forward to maintaining our growth for some time as oil prices increase, all the while sustaining significant profitability."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Posted by lostone on :
no numbers but "triple" and "record sales" .. those are definitive statements.. should be good
Posted by NoWhen2HoldEm on :
Heck yeah....now lets see a rise out of this sucker today!!!!
Posted by Repoman75 on :
Told you clowns... hold steady for .5 - .75 by end of month. I talked to the CEO.
Posted by Johnvh2811 on :
this is good happy as hell
Posted by tom.c on :
here's a question for you guys... why is the contact phone # on the bottom of the pr that just came out from san diego? i live in dallas next door to irving, their area code is 972.
Posted by dkinvest on :
quote:Originally posted by Repoman75: Told you clowns... hold steady for .5 - .75 by end of month. I talked to the CEO.
Call me BOBO.......LOL
Posted by mnvestor on :
PR company?
Posted by tom.c on :
i wish they posted their address i'll check em out.
Posted by superman7 on :
back in for some on the news!
Posted by Repoman75 on :
Did you see, DEBT FREE STATUS??????????
Posted by letitrideboy on :
yup debt free gotta love it
Posted by tom.c on :
you're right nmvestor
Posted by lostone on :
wow, all profits and no debt.. stupid .175 wall
Posted by mnvestor on :
"over triple from last year" "These figures don't include the value of our Puds or Unproven Reserves" Key items here, goes much higher IMO
Posted by madmoney on :
has anyone read the quarterly report? they have indeed increased earnings buy three times, from 40 thousand and some change in the last quarter to a whopping 130 thousand and some change, no mention in the report about 900 million barrels of reserves, does say they have 576 thousand barrels of proved undeveloped reserves. valueded at 1.4+ mil$, take your profits!!
Posted by moosehead9nc on :
to the moon we go
Posted by J_U_ICE on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/03/06 0.1950 0.2100 0.1300 0.1500 -0.0100 12664302 -6.25%
Composite Indicator -- Signal -- -- Strength -- -- Direction -- Trend Spotter (TM) Buy Maximum Strongest
Short Term Indicators 7 Day Average Directional Indicator Buy Maximum Strengthening 10 - 8 Day Moving Average Hilo Channel Buy Maximum Strongest 20 Day Moving Average vs Price Buy Maximum Strongest 20 - 50 Day MACD Oscillator Buy Maximum Strongest 20 Day Bollinger Bands Buy Maximum Strongest
Short Term Indicators Average: 100% - Buy
Medium Term Indicators 40 Day Commodity Channel Index Buy Maximum Strengthening 50 Day Moving Average vs Price Buy Maximum Strongest 20 - 100 Day MACD Oscillator Buy Maximum Strongest 50 Day Parabolic Time/Price Buy Maximum Strongest
Medium Term Indicators Average: 100% - Buy
Long Term Indicators 60 Day Commodity Channel Index Buy Maximum Strengthening 100 Day Moving Average vs Price Buy Maximum Strongest 50 - 100 Day MACD Oscillator Buy Average Strongest
Long Term Indicators Average: 100% - Buy
Overall Average: 100% - Buy
Posted by buterjames on :
financials and numbers coming soon?...DDSI and PGPM are gonna bump heads, have to figure out what im gonna do...
Posted by BuyTex on :
ut-ing
new round?
Posted by rocked on :
up 18%
Posted by J_U_ICE on :
ALL ABOARD!!!!!!!
Posted by moosehead9nc on :
you think this stock still has some momo
Posted by dkinvest on :
quote:Originally posted by madmoney: has anyone read the quarterly report? they have indeed increased earnings buy three times, from 40 thousand and some change in the last quarter to a whopping 130 thousand and some change, no mention in the report about 900 million barrels of reserves, does say they have 576 thousand barrels of proved undeveloped reserves. valueded at 1.4+ mil$, take your profits!!
576,000 barrels valued at $1.4 Mil?
I don't think so, 576,000 x $60/barrel = $34,560,000.00
Posted by Johnvh2811 on :
i hope so
Posted by rocked on :
we might see 30 today
Posted by madmoney on :
quote:Originally posted by dkinvest:
quote:Originally posted by madmoney: has anyone read the quarterly report? they have indeed increased earnings buy three times, from 40 thousand and some change in the last quarter to a whopping 130 thousand and some change, no mention in the report about 900 million barrels of reserves, does say they have 576 thousand barrels of proved undeveloped reserves. valueded at 1.4+ mil$, take your profits!!
576,000 barrels valued at $1.4 Mil?
I don't think so, 576,000 x $60/barrel = $34,560,000.00
that was the companies valuation not mine, its in the quarterly report.
Posted by lostone on :
it's slow to increase.. i think cuz ppl are hesitating.. i know i was when i read that PR on monday.. i waited like 15minutes.. but still got in on time for .011 ..
Posted by Johnvh2811 on :
yeah right rocked
Posted by dkinvest on :
Their accountant must be a DUMB-AZZ
Posted by J_U_ICE on :
I THINK A LOT OF PEOPLE GOT OUT WENT TO OTHER OIL CO AND THE PR WILL STIR THE POT AGAIN. SORRY ABOUT THE CAPS THE ADRENALINE IS PUMPING
Posted by cougarfeather on :
dk why do you say their accountant is a dumbass? How bout backing that up.
Posted by invester on :
Where are the financials. All I hear is that he says there doing well. It is a little suspect that they won't release them. My opinion
Posted by IceCold on :
Can we see 300% by end of day ????
Posted by dkinvest on :
quote:Originally posted by cougarfeather: dk why do you say their accountant is a dumbass? How bout backing that up.
576,000 barrels valued at $1.4 Million?
That's $ 2.43 a barrel.
Posted by buterjames on :
quote:Originally posted by dkinvest:
quote:Originally posted by cougarfeather: dk why do you say their accountant is a dumbass? How bout backing that up.
576,000 barrels valued at $1.4 Million?
That's $ 2.43 a barrel.
...now that can't be true, lol
Posted by dkinvest on :
I'm not bashing - I just think these figures are WAY OFF if indeed the quarterly report says that according to Madmoney.
Posted by madmoney on :
quote:Originally posted by invester: Where are the financials. All I hear is that he says there doing well. It is a little suspect that they won't release them. My opinion
the quarterly report is out. find it on pinksheets.com, they dont file so you have to pull it up under "financial statements" it comes up in acrobat reader so i cant copy it to the board.
Posted by rocked on :
I think they just shot themselves in the foot with this PR...but...why wouldn't this go higher? L2 look good to 21
Posted by BuyTex on :
isn't there news out?
Posted by rocked on :
yes, PR came out at 1pm
Posted by invester on :
I am a little suspicious here. They say 900 million barrels, and they won't release there financials. If they were doing so well, they would show you evidence. If you made a good grade on a test when you were in College, you would show it because you are proud. This is human nature. I will take a wait and see from this point forward. Not bashing, just wanted to give my expert opinion. Posted by madmoney on :
i think the valuation may be reasonable, these are undeveloped reserves, need to be drilled, might be deep, no knowing what the quality is ( percent condensate/ head pressure so on } or how many wells would need to be sunk to get all of it.
Posted by Repoman75 on :
Listen, first off, wait until the release their quarterly report. First the PR, then the numbers.
Secondly, if you have these questions, why are you asking people who are as clueless as you on a message board, instead of emailing IR or the CEO himself? Both are very open to questions and respond within hours.
Ask about the reserves, ask about when financials will be released. Ask, and then post your response here. Stop whining like girls who just gave head and ended swallowing.
Posted by westcott on :
quote:Originally posted by invester: I am a little suspicious here. They say 900 million barrels, and they won't release there financials. If they were doing so well, they would show you evidence. If you made a good grade on a test when you were in College, you would show it because you are proud. This is human nature. I will take a wait and see from this point forward. Not bashing, just wanted to give my expert opinion.
Ditto
Posted by NoWhen2HoldEm on :
quote:Originally posted by invester:
quote:Originally posted by tonicma: Wow, I'm glad I sold some at 0.23. Anyhow I am all out now cause this thing is down tomorrow.
You said you sold yesterday. I disagree with your synopsis. Look at L2's, MM collecting, and will gap tomorrow in the AM. Over the course this will also be higher.
This was just yesterday. Now you sell, and you've seen the light all the sudden? Please, go monitor your 34 other stocks and be on your merry way.
Posted by kittykash on :
Pilgrim Petroleum Corporation Announces Record First Quarter and Profitability
By BusinessWire Last Update: 5/3/2006 1:03:01 PM Data provided by
IRVING, Texas, May 03, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), announced today it achieved record sales and profitability for the previous quarter ending March 31, 2006; over triple from last year. The Company also maintained its debt free status and increased its shareholders equity. These figures don't include the value of our Puds or Unproven Reserves, we will include these figures on the next quarter since our proven reserves are increasing daily. Today current oil price structure and its know-how and cost-effective technology will contribute to targeting new prospects with low level risks and undiscovered recoverable and unrecoverable oil by traditional technology.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "Our financial performance for the quarter well exceeded our expectations and our previous guidance, yet we look forward to maintaining our growth for some time as oil prices increase, all the while sustaining significant profitability."
Posted by dkinvest on :
repo..........lol
You can call me BOBO w/ a stained blue dress.
lmao
Posted by madmoney on :
THE QUARTERLY REPORT HAS BEEN RELEASED! LOOK AT it!
Posted by rocked on :
REPO: AHAHAHAHA you gave me a good laugh here, i agree..
Posted by invester on :
quote:Originally posted by Repoman75: Listen, first off, wait until the release their quarterly report. First the PR, then the numbers.
Secondly, if you have these questions, why are you asking people who are as clueless as you on a message board, instead of emailing IR or the CEO himself? Both are very open to questions and respond within hours.
Ask about the reserves, ask about when financials will be released. Ask, and then post your response here. Stop whining like girls who just gave head and ended swallowing.
No one is Whining REPOMAN. Is that your occupation? Successful I see. Just giving a little insight. Your disgusting comments are really not for this board. I would hope that most people around here have a little more class.
Posted by cougarfeather on :
Hey mad, I wanna look at it. Where can I find it?
Posted by rocked on :
anyone find it interesting this guy's name looks at a glance like "Eddie Money" lol
Posted by kittykash on :
thank you invester
Posted by madmoney on :
quote:Originally posted by cougarfeather: Hey mad, I wanna look at it. Where can I find it?
the quarterly report is out. find it on pinksheets.com, they dont file so you have to pull it up under "financial reports" read it, you will NOT be impressed!
Posted by TheCreator on :
I'm sure they'll be releasing solid numbers soon... This is a winner!
Posted by cougarfeather on :
You can see the report right there. It is out for those of you who didn't even look before going into panic mode.
Posted by money? on :
I like what i see. this looks good to me
Posted by cougarfeather on :
again, we are talking about a profitable pink sheet company. this is unheard of.
Posted by iamsparticus on :
I have to say that is one of the best financial reports I have seen on a pink sheet stock. Well put together. I like companies that take pride in their image. It makes a difference. Now for the numbers crunching...its so-so. Only in due time...
Posted by rocked on :
agreed, invester is a wimp lol, im just playin man, you brought some legit comments, but dont be so quick to throw the stock under the bus..
Posted by banger187 on :
From the looks of the current stock price, people don't like their finanicials. I thought it was going to run past .20, damn it.
Posted by lostone on :
i think it will run pass .20 today
Posted by rocked on :
it's because those morons didn't post the 1/4ly report, someone needs to call them and tell them put out a damn PR that attaches the report!!
Posted by TheCreator on :
quote:Originally posted by banger187: From the looks of the current stock price, people don't like their finanicials. I thought it was going to run past .20, damn it.
there are still 2 hours left, wait and see what happens... and since it's still hot it will probably gap again in the morning.
Posted by rocked on :
on a sidenote anyone looking at EFCR, wtf this stock is getting a stockpile and it's ALL GREEN 6 million volume and down but they're all buys...it's absolutly insane it hink it's goint to be a BEAST
Posted by Baxt06 on :
The problem with this is that they released a PR 3 days ago that said they MIGHT have 900,000,000 barrels. Now they release financials that say they have 576,192. Not smart.
Posted by TheCreator on :
quote:Originally posted by Baxt06: The problem with this is that they released a PR 3 days ago that said they MIGHT have 900,000,000 barrels. Now they release financials that say they have 576,192. Not smart.
those financials were old...
Posted by invester on :
quote:Originally posted by rocked: agreed, invester is a wimp lol, im just playin man, you brought some legit comments, but dont be so quick to throw the stock under the bus..
Guy, no one is throwing anything under a bus. It’s as if you guys are blind to anyone that won’t to make a comment other than positive. Very strange indeed. We as investors should always question anything that sounds to good to be true. I’ve changed my opinion short term, until I can see a little evidence of the reserves. I will keep my DD to myself. You guys can live blindly.
Posted by rocked on :
still stupid, but aside, DD is great, but most people are very scared on this forum, skiddish, so dont bash just comment, just my humble opinion
ona side note, my sell is in at 24..
Posted by buterjames on :
..uptick
Posted by indef on :
quote:Originally posted by TheCreator:
quote:Originally posted by Baxt06: The problem with this is that they released a PR 3 days ago that said they MIGHT have 900,000,000 barrels. Now they release financials that say they have 576,192. Not smart.
those financials were old...
still 576,192 x 60 = 34,571,520
Posted by rocked on :
That better not be directed to me, cause I sure as hell didn't rate you. Watch your mouth old man..
Posted by madmoney on :
quote:Originally posted by TheCreator:
quote:Originally posted by Baxt06: The problem with this is that they released a PR 3 days ago that said they MIGHT have 900,000,000 barrels. Now they release financials that say they have 576,192. Not smart.
those financials were old...
those financials were released today! for the quarter ending march 2006!
Posted by Repoman75 on :
Ok, revenues increased from 20 th. to 97 th. in the last 3 months... that's not good? Some of you need to learn how to read a financial statement OR stop you subtle bashing. You missed the first great run, you'll miss the second. Why? Cause you suck.
Posted by invester on :
Old man, that's funny. I'm in my 30's guy. And if you didn't rate me, then it was obviously not directed to you.
Posted by rocked on :
Good, yea i'm in my 20s, your old to me...I hope everyone gets to shout BOOYAH on this stock..GLTA
Posted by madmoney on :
quote:Originally posted by Repoman75: Ok, revenues increased from 20 mil. to 97 mil. in the last 3 months... that's not good? Some of you need to learn how to read a financial statement OR stop you subtle bashing. You missed the first great run, you'll miss the second. Why? Cause you suck.
what are you looking at! those figures are in thousands NOT millions!!
Posted by Baxt06 on :
Indef - that $34m has a Net Present Value of $1.5 million. That's the company saying that. If you're not familiar with NPV, you should all read up. It's a calculation discounting future values to calculate their value today. Means to me, that they are going to take a VERY long time to get that oil out.
My opinions...glta
Posted by NoWhen2HoldEm on :
No one is saying they don't appreciate your DD, invester, but in a 24 hour swing to be praising the stock, then giving insights the next day as to why people should stay away from it, on no new additional news, is just a little extreme.
And, FWIW, I dont rate people. I let people know how I feel about them right out in the open.
Posted by rocked on :
atleast they're honest..lol
Posted by buterjames on :
quote:Originally posted by rocked: Good, yea i'm in my 20s, your old to me...I hope everyone gets to shout BOOYAH on this stock..GLTA
...time is an illusion
Posted by rocked on :
yea so is a beautiful woman, they're all gorgeous until th e next morning when they want your credit card and half of your assetts lol..
Posted by invester on :
quote:Originally posted by NoWhen2HoldEm: No one is saying they don't appreciate your DD, invester, but in a 24 hour swing to be praising the stock, then giving insights the next day as to why people should stay away from it, on no new additional news, is just a little extreme.
. I can see how one would think that. I've just changed my opinion a little after a more research. I'm not off of it, just a little hesitant.
Posted by redmax on :
I think we will have a nice EOD run here. Remember how long it took for the first run? The PR came out at 10:30 am. The thing didn;t even go up will 11:45 am.
Posted by buterjames on :
...any closing predictions?
I say .21
Posted by rocked on :
24, cause that's my sell order lol in all seriousness, it'll settle probably around 19..20, then drop in the am, to 16 then up to 24..just a hunch..
Posted by redmax on :
Her eis a post I foudn on Ihub from an individual who spoke with the CEO:
SOLID NUMBERS WILL COME PLUS MORE NEWS HERE!!! More information:
1) There will be NO forward or reverse splits in the future. The CEO is comfortable how the company is performing.
2) They CEO works, eats, breathes, drinks, and sleeps with this company. His heart and soul is for OIL.
3) They will be moving there stock to the OTCBB once all 1st, 2nd and 3rd quarterly statements are in and audited for submission to the SEC
They are confident of high stock value (no prices were discussed due to SEC regs)
Further More no dates were given as well due to SEC regs.
Mr. Monet will ask for your email address's when you do call so he may email you personally financial's on the company.
His priority as stated to me is the company and the shareholders. If there is not a working relationship between the two, then it is very difficult to run a business based on no bonds of trust and communication.
GUYS WE GOT A VERY GOOD THING ON OUR HANDS!
If you have any questions folks, he asked that people call.
1-619-864-0166
Edward Monet
Posted by rocked on :
cross posts on every board, this just popped up --^1
Posted by Repoman75 on :
I emailed the CEO as well to get more info. on the reserves. That statement from the Quarterly report:
The company as of March 31, 2006 had a NPV of $1,427,067 in estimated net remaining proved undeveloped reserves of 576,192 barrels valued at $40.00 per barrel.
has been in the last 5 quarterly reports...
Posted by rocked on :
these moron MMs keep screwing with the bid..
Posted by Johnvh2811 on :
i know s/hit
Posted by rocked on :
it's effing up the damn stock, and it wants to go, then once it goes, wow bid goes down 2 points - lol , they know it's big..
Posted by Johnvh2811 on :
somebody stop them
Posted by redmax on :
The L2's look real strong on the bid side:
Buy .161 .16 X 3 .15 .14 .13
Sell .175 .18 .185 .195 .20 .22
Posted by rocked on :
SOMEBODY STOP MEEEEE LOL i bought more at 13.5 today so im just peachy if it closes at 20
Posted by Johnvh2811 on :
do the mms make money when they hold the bid that low
Posted by rocked on :
of course they do..., but i dont see why they're still doing it...because they've had the same trend on this stock past three days, it's getting old, and thwarting investors..
Posted by Jo4321 on :
Didn't see this posted in this thread, but just something to listen to while you wait for the stock to go up.
those a holes need to let it go damn
Posted by rocked on :
FPPL JUST JUMPED 800 % HOLY ****, i just about fell off my damn chair..lol fat fingers lol, 66000 shares traded lol
Posted by moosehead9nc on :
this needs to go back up
Posted by Repoman75 on :
Misprint.
Posted by rocked on :
i know, i was just thinking to myself holy hell lol..
Posted by Johnvh2811 on :
they making me mad man
Posted by Johnvh2811 on :
im trying to sell a 17 and it cant
Posted by bayvillian516 on :
why are you trying to sell at .17
Posted by rocked on :
yea wtf are you thinking lol keep it it's goin to 30 in a weeks time..
Posted by buckstalker on :
You might want to stop whining...
Posted by Johnvh2811 on :
i want out
Posted by bayvillian516 on :
what did you get in at?
Posted by js49886 on :
Wonder if it's still gonna go into the Dollar range with the numbers being off?
Posted by Johnvh2811 on :
.19
Posted by dkinvest on :
quote:Originally posted by Johnvh2811: i want out
You'll be sorry, that's all I have to say.
Posted by bayvillian516 on :
thats a good plan then. I like to buy high and sell low too
Posted by Johnvh2811 on :
y is that should i leave it
Posted by buckstalker on :
I want out too...at .50
quote:Originally posted by Johnvh2811: i want out
Posted by juice on :
happy i bought at the dip.... thinkin about addin some more tommorrow before next week hits.
Posted by Repoman75 on :
Here's a response from the CEO:
XXXXX
The vast majority of our properties are marginal, usually between 850 feet to 2000 feet, the new rework and drilling are on the same areas but between 3000 and 6000 feet, this deep wells are more costly, however we have a good idea of where are the good spots, equipment and logistics are in place on most cases. The potential of recoverable oil will be when we have production on both levels shallow and deep.
Thanks
Rafael Pinedo
----- Original Message ----- From: XXXXXXXXXX To: rpinedo*bpetroleum.com Subject: Re: Shareholder Question Date: Wed, 3 May 2006 11:18:34 -0700 (PDT)
Thanks for your quick response Rafael. I understand you must be busy nowadays since the PR you released on May 1st. I appreciate you taking the time to answer my questions.
I do look forward for another PR in the near future to further explain the international connections that Pilgrim has.
One other quick question on your financials that you released today.
In the May 1st PR, you stated that: Based on a 12,000-acre portfolio of proven undeveloped fields in the area of Archer and Wichita County, Texas, Pilgrim Petroleum estimates very high volumes of recoverable reserves. If the whole estimated subsurface is taken into consideration when calculating the potential of recoverable oil, the estimation reveals an approximate of 900 million barrels of recoverable oil.
This is from the Quarterly Report: The company as of March 31, 2006 had a NPV of $1,427,067 in estimated net remaining proved undeveloped reserves of 576,192 barrels valued at $40.00 per barrel.
Does that mean that to date, Pilgrim has drilled only 576,192 barrels of oil, but that you expect, based on all of your holdings, to be able to drill 900 million barrels of oil? If so, in what timeframe do you see your proved reserves increasing and by how much?
Thanks again for your response. If you wish, Edward Monet can answer my questions if you can forward my e-mail to him.
Thanks, XXXXXXX
Posted by js49886 on :
Are you in this to loose money?
Posted by Johnvh2811 on :
no
Posted by rocked on :
lol i know really, wtf
Posted by juice on :
Im out when i look at it again in july.... its only may and people are going crazy over oil. the summer is going to be nutty. been loading efcr in .025 range and dvpc and this.... come july all oil flies, thats what happend last year and the year before. man its gonna be a nice summer:)
Posted by banger187 on :
Juice,
What's the word on EFCR? Any pending pr's?
Posted by js49886 on :
Im lookin' for another flip, then I'll put it back in. Im only a small time "investor"
Posted by juice on :
banger i was going to pm you.. .but for some reason im not allowed??!! wtf ok well i sold a good amount of efcr today because nite was sitting there sellin off forever and not budging. saw the same thing last week with UBSS. they don't want it to move big yet, or else they would be sellin way higher. without a doubt a p/r will come. the o/s has grown last couple of years also so i wouldn't expect as big of a move as in the past. but it is an oil play and interest is growing, with a halfway decent p/r i say we see .06 - .08 tops by july.... i also like dvpc:)
best of luck with PGPM everyone!
Posted by Hiker on :
Down to .14...how much lower can she go? I'm buying another G if it hits .13
Posted by redmax on :
MMs bringing it down. Looks weak on the sell side though. Look for a run in the last 20 minutes of trading
Posted by rocked on :
hey red, i'm vspec over on HSM lol ill bet your edbri lol
Posted by banger187 on :
Damn it, what happened? I thought we would be in the .20's by now.
Posted by TheCreator on :
I really like that the company is debt free.
Posted by rocked on :
this is some bs going on here, i dont get it..
Posted by TheCreator on :
rocked, mm's need shares... that simple.
Posted by rocked on :
well i get it, i just mean, PR released it wasn't like the company was folding..lol so i would've presumed a gain
Posted by buckstalker on :
MM's trying to steal your shares and paint the tape...every time a buy comes in at the ask, they counter it with a trade between them at the bid...scumbags...
Posted by rocked on :
lol i know how mms work but for everyone else yes t his is what's happening..
Posted by TheCreator on :
Someone just bought 500,000 * .168
Posted by banger187 on :
Shut up Goldstein, Silverman, or whatever your man is.
Posted by buckstalker on :
You are crossing the line banger...
Posted by redmax on :
You really aggravate me. I'm not Jewish but your comments bother me. The reason why The Jews are MMs is because they are successful and millionaires at that.
Posted by gfm50 on :
Banger that was your fault and your fault alone not the Five Jew Bankers in the center of the earth.
Posted by dkinvest on :
Almost as bad as "head" & "swallowing".......lol
Posted by js49886 on :
Going back up.
Posted by redmax on :
Looks like the MMs are closing this strong so it gaps up tommorow AM
Posted by Repoman75 on :
C'mon DK!! You love my jokes.. besides, after that JPHC recommendation, you're on parole good buddy.
And Jews aren't MM's trust me, I know. It's those damn IVY league blue bloods... and some WOPs from NYC.
Posted by iamsparticus on :
This is ridiculous people. What is your guys's problems? Acting like little ignorant children. Pinks already have a bad name...why do you want to make it worse? Do you think Donald Trump or Buffett sits around and talk like this? No...because he doesnt have time even if he thinks or feels this way. So no wonder you are some amateur investors bickering over pennies. Maybe you have 70g's in pennies but so what. You guys talk like you are some big time investors. Its a shame.
Posted by dkinvest on :
quote:Originally posted by iamsparticus: This is ridiculous people. What is your guys's problems? Acting like little ignorant children. Pinks already have a bad name...why do you want to make it worse? Do you think Donald Trump or Buffett sits around and talk like this? No...because he doesnt have time even if he thinks or feels this way. So no wonder you are some amateur investors bickering over pennies. Maybe you have 70g's in pennies but so what. You guys talk like you are some big time investors. Its a shame.
lmao
Posted by BuyTex on :
hey, fellas...
remember, banter is one thing...out n out insults no good--this is stock-trading board. okey-dokey?
Posted by js49886 on :
Like mentioned before, Someone was a little optimistic with the 500k * .168 Or maybe they know something we don't? weird
Posted by buckstalker on :
Wasn't a legit trade...
Posted by Repoman75 on :
Why not? outside the market?
Posted by indef on :
quote:Originally posted by iamsparticus: This is ridiculous people. What is your guys's problems? Acting like little ignorant children. Pinks already have a bad name...why do you want to make it worse? Do you think Donald Trump or Buffett sits around and talk like this? No...because he doesnt have time even if he thinks or feels this way. So no wonder you are some amateur investors bickering over pennies. Maybe you have 70g's in pennies but so what. You guys talk like you are some big time investors. Its a shame.
5 stars for you!
Posted by BuyTex on :
quote:Originally posted by iamsparticus: This is ridiculous people. What is your guys's problems? Acting like little ignorant children. Pinks already have a bad name...why do you want to make it worse? Do you think Donald Trump or Buffett sits around and talk like this? No...because he doesnt have time even if he thinks or feels this way. So no wonder you are some amateur investors bickering over pennies. Maybe you have 70g's in pennies but so what. You guys talk like you are some big time investors. Its a shame.
lol, how can anyone "make it worse"? Pinks are what they are...
Maybe the new "tiered-system" will help. Would be nice...
Posted by socal_helix on :
I am new to this baord. Bought 25,000 share yesterday. I have been following this thread for days and I have been thoroughly impressed, and I thank you for your DD and conversation. This certainly LOOKS promising.
I hope to add valuable data and discussion to your baord folks. have a good night and here's to a gapper in the AM.
Posted by invester on :
Wow, I just checked back. This board has hit an all time, and offensive low. I'm amazed at the ignorance in this society. It's as if some of you guys are from the sticks. But I guess all you need is a computer to get on here. Well, you also need running electricity to. This may be new for some of you. Those comments just amaze me.
Posted by lostone on :
wow, isn't that spamming?
Posted by amswap on :
What I find to be sad is that while his fingers are putting these words on the computer, his mind can't relate to the ignorance he is about to spew and use the backspace. Bangor, the next time you have a thought, let it stop there. Please don't put it on the message board. There's no gain for you to show all of us how ignorant and bigoted you are.
Posted by dkinvest on :
I will forgive & pray for Banger, for he knows not what he does.
Posted by tmanfromtexas on :
Someone needs to because someone is about to get da boot. Come on dk give me a boot emoticon. TMAN...
Posted by jakeo on :
Wasn't there a Sopranos episode where Tony's cousin Chris is a market maker? I think the actors name is Christopher Imperlio sorry to interupt the name game lol
Posted by dkinvest on :
quote:Originally posted by tmanfromtexas: Someone needs to because someone is about to get da boot. Come on dk give me a boot emoticon. TMAN...
lol
Posted by tmanfromtexas on :
thanks dude!!!! TMAN...
Posted by banger187 on :
I think in today's society everyone is too politically correct. It's about time that we say what we feel. That is the american way is it not?
Posted by BeginnersLuck on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/03/06 0.1950 0.2100 0.1300 0.1700 +0.0100 21192990 +6.25%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 6181025
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2599166
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1460231
Overall Average: 100% - Buy
Price Support Pivot Point Resistance 0.1600 0.0133 0.1833 0.3533
Posted by netfreak on :
All right people lets get back to busniess lol.... what will happen with this beast tomorrow??? any opinions???
Posted by socal_helix on :
well the pattern seem sot be a gap up in the morning with a slow slide down all day.......unless a PR comes out. it seems a PR may be out soon? I know they aren't reporting, but the only other PR that will send this to teh moon will be Q2, correct?
Posted by tmanfromtexas on :
I think it will tank since I nearly doubled my position today. lol. TMAN...
Posted by socal_helix on :
Today they reiterated a prosperous financial status. Triple sales, exceeded guidance, etc. Does anyone know if this is data that will be SHOWN? And if so, shown very VERY soon? OR held off until Q2 2006? Today was nice communication, but kind of fluffy. Good to sooth our souls, investors, but not chewy enough for the market. Would be GREAT to see details. Or am I just in dire need for coffee and what was said today in the PR was in the financial report released on pinksheets.com? Thanks!
bare with me, new to this stock and I'm trying to catch up on everything as quickly as possible.....largely thanks to this site. Thanks again.
Posted by Newbie7 on :
The financial statement in the pinksheet is kind of sloppy to me... They need to hire some better accounting firm to make their numbers more believable...
Posted by TheCreator on :
that's the spirit
it'll be a gapper again i'm sure.. that's what they like to do with these hot stocks... gap em everyday basically.
quote:Originally posted by tmanfromtexas: I think it will tank since I nearly doubled my position today. lol. TMAN...
Posted by redmax on :
With a stong close, I expect another gap up in the morning. Who knows what happens thereafter. I still feel that this is headed towards 40-50 cents in the very near future.
Posted by TheCreator on :
I agree, nothing can go straight up, gotta stop and rest every now and then.
quote:Originally posted by redmax: With a stong close, I expect another gap up in the morning. Who knows what happens thereafter. I still feel that this is headed towards 40-50 cents in the very near future.
Posted by BeginnersLuck on :
This stock isn't a distance runner then....Longer Stronger haha
Posted by SYGY on :
loading up!!! another 30k today
Posted by cougarfeather on :
can it be tomorrow now please.
Posted by Stock_Feign on :
getting rid of my 20k at gap it will do the trend, i think this time it will sink a little lower. Flip time
Posted by js49886 on :
Im all for it.
Posted by invester on :
Banger 187, I don't often put much thought into what people say on these web portals, but I have to address what you said earlier. Even though I am not Jewish, your comments offended me as a human being. Just knowing that another individual like yourself exists appalls me. Then you try to defend yourself by saying and I quote” we have all become to politically correct these days. We should be able to say what we want." Guy, you can always say what you want under the 1st amendment. But for you to use the argument politically correct when calling people "Jews and Waps" is inaccurate. Also, personally I have a few friends from Long Island that would love for you to call them a wap. I hope this helps you with your completely misconstrued conception on life, and how it works. I would be willing to bet that you haven’t gotten very far in life because of the attitude. And for the guys that have defended his comments, Kudos to you. You are almost as low as him, but not quite. Keep striving for the best. You'll get there.
Posted by Repoman75 on :
Not defending him, but it's WOP, not wap, as in WithOut Papers.
Posted by CMoney on :
oh is that what that means
Posted by Stock_Feign on :
why evertime i come to read about "stocks" i have to read something that belongs to Victoria's Secret's changing room... Stay focused
Posted by invester on :
And the funny thing about it is, is that it's so easy for you to sit behind you little computer and cast aspersions like that. I couldn't even imagine if you came face to face with my friends from Long Island and called them a WOP. Not a good scene I assure you. It was my misspelling REPOMAN thanks for catching.
Posted by BuyTex on :
fellas...merely suggesting we don't let this out of hand
Posted by DIGDOUGH on :
Are we gonna make any money here tomorrow?
Posted by socal_helix on :
For once I'd like to find a stock message board that doesn't derail into personal attacks, then wastes 50 posts trying to teach everyone else a lesson, then 50 more posts defending oneself, etc etc.
Would be nice if a board existed that consisted of individuals that had the mental fortitude to bite their tongue, have the strenght to not click the response button and drag this out.
So what if he made a Jew comment. Lighten up. Me? personally? I'm Italian, or a "WOP" as some are saying. Doesn't bother me, can't phase me. MY mind is 100% focused on getting paid.
And here I sit, lecturing, yet responding and adding one more post to this nonsense. Sorry.
Good luck everyone. Tensions are high, as well as our hopes here.
Posted by Repoman75 on :
We ain't gonna make money until the end of the month. If that is too long for some of you, go to Goldenpalace.com and play online blackjack like suckers. You expect 1000% returns daily? Not gonna happen.
Posted by socal_helix on :
REPOMAN: I admire your posts, been following what you say for days now. Thanks for ALL of your input.
May I ask you if there is something specific we are waiting for due to arrive at the end of the month? Or is this a suggested time frame that some feel it will take to start seeing some decent gains again? Thanks you for your input, sir.
Posted by BuyTex on :
will also tell you this...
chances are this will still be a thread 6 months from now, no matter how it performs
Do the due...
Posted by invester on :
GAP AM, then tank. Still looks to be semi promising. I’m waiting to see the report on the 900m barrels. Claiming a whole lot of oil guys, we will see. If it pans out, this is the one. My new R.R. comes in 2 weeks I’ll photo it and post to NDOL. I have to give congrats to NDOL, it’s the one that paid for it. I am now back in full force after the conversation, I had, and PR from NORD. Ye ha.
Posted by Repoman75 on :
The gains. By Friday, every oil stock will be in the toilet compared to where they are TODAY (not last week), except for maybe NDOL. They are all overplayed, and daytraders are manipulating. Once the hub ub dies down, and the daytrader move on to Ethanol or bird flu stocks or whatever, and we stop seeing these bankrupt oil companies up 100% in 1 hour because the STOCK STER or BULL STER or PENNYSHAKERZ picke them, then we'll see the cream rise to the top.
I wouldn't be suprised if we settle by .10 on Fri. I don't think it will happen, but not suprising. But then I think we will see steady gains up, 5 - 10% daily. And more PR's from the company. This CEO has only been on the job the last 6 months and seems determined to get this company's ass in gear. Give it time. My prediction is .5 by end of month still.
Posted by redmax on :
50 cents by end of month sound about right to me. I see this gapping up and holding steady for the day.
Just my opinion
Posted by invester on :
quote:Originally posted by Repoman75: The gains. By Friday, every oil stock will be in the toilet compared to where they are TODAY (not last week), except for maybe NDOL. They are all overplayed, and daytraders are manipulating. Once the hub ub dies down, and the daytrader move on to Ethanol or bird flu stocks or whatever, and we stop seeing these bankrupt oil companies up 100% in 1 hour because the STOCK STER or BULL STER or PENNYSHAKERZ picke them, then we'll see the cream rise to the top.
I wouldn't be suprised if we settle by .10 on Fri. I don't think it will happen, but not suprising. But then I think we will see steady gains up, 5 - 10% daily. And more PR's from the company. This CEO has only been on the job the last 6 months and seems determined to get this company's ass in gear. Give it time. My prediction is .5 by end of month still.
After the comments about the "head, and Swallowing from women I looked to ignore you’re comments". Maybe the first knowledgeable thing said. There is hope for this thread after all ladies and gentleman, and it all started with REPOMAN. Off to dinner and drinks fellas. Kudos to those who killed today. Good luck tomorrow.
Posted by socal_helix on :
MY EMAIL TO ED MONET, we'll see if he responds and responds thoroughly:
Good evening Mr. Monet,
As I’m sure you have been fielding numerous questions regarding PGPM’s recent success, I would like introduce myself. I am a significant shareholder and quite pleased with the run up in share price.
Myself and my investing group would greatly appreciate your time in answering the following questions as to clear up any and all concerns and rumors circulating:
1) Can we fully expect additional press releases from the company in the VERY near future? Approximately in the next 5-10 business days?
2) What is their timeframe to have properties developed and producing revs in the next year?
3) What is their capital outlay compared to income prior to these properties producing a viable rev stream?
4) What is their expectations of multiple shallow wells to reduce drill time and costs?
5) It was mentioned that they exceeded their previous guidance. What WAS the guidance and can they discuss the new guidance?
6) Are they going to concentrate on crude, or will they be pursuing gas wells as well?
7) Will they be concentrating on shallow holes only?
8) Do they own, or have lease rights to any rigs presently?
I’m a local person here in San Diego. I would be perfectly willing to meet over lunch to discuss this company in greater detail if you have time. THANK YOU VERY much! This information will serve to be VERY valuable and HIGHLY appreciated! The investing community as a whole is VERY hungry for clarification and additional information and your efforts will be extremely appreciated.
Posted by socal_helix on :
FYI............I sent the same EMAIL to Mr. Pindedo........the CEO. I will post anything I get back.........hopefully something.
Posted by DAYTRADER67 on :
Socal email me at daytrader9967 * aol . com
Posted by netfreak on :
Hello Guys:
What are your predictions for this stock tomorrow??? I thinks there is a trend developing with this stock... Every day it has been finishing at least 2cents higher. Small gains are better than nothing. This thing has not tanked yet. Hopefully that is one trend this one will not follow.
Posted by TheCreator on :
I think it'll head up in the morning, level off miday and finish strong...
Posted by socal_helix on :
DAYTRADER: Email sent.
Posted by cougarfeather on :
same sh$^ different day. gap up AM, then do nothing all day, and a little up at the end.
Posted by socal_helix on :
It may continue it's pattern of AM gap up, sloooow decline all day with some flickering up and down with a subtle push upward in the last 30 minutes. Good for flipping, but would HATE to get caught with my pants around my ankles if the right news comes out on this company.
As with ALL pinksheet stocks...this carries its own weight of uncertainty......but it sure does look GREAT! Nice financial report today, open CEO, future endeavors look astounding even if half accurate.
Posted by Stockstar69 on :
PGPM has been the most interesting little stock I've seen in the last few weeks. I nice PR, lots of buz on the web and good trading activity.
Posted by TheCreator on :
I'm buying some more in the AM perhaps, if it doesn't gap up too high.
Posted by redmax on :
Looks like we may have another gapper this morning.
Buy 0.17 0.16
Sell 0.22
Still too early to tell for sure though
Posted by dkinvest on :
Good morning everyone,
Today I hope we HEAD up....I will be watching as I SWALLOW my coffee..............lol
Posted by Stock_Feign on :
selling at gaping, buying back arround 2pm and same sh!t tomorrow
Posted by TheCreator on :
Looks like a strong day may be approaching.
Posted by redmax on :
L2's
Buy 0.17 0.14 0.12
Sell 0.22 X 3 0.30
Looking real nice on the sell side Posted by TheCreator on :
the bid will come up when the market is about to open... ubss isn't even there yet.
Posted by redmax on :
Yeah should see a nice gap, maybe to 20 cents or so for the bid
Posted by Stock_Feign on :
=/
Posted by netfreak on :
Can anyone post some L2's for me can't get L2's for this one... Is there more selling than buying going on???
Posted by iamsparticus on :
Not the best opener but looks to be a great buying opp...I would wait for the ask to hit .13 and then jump on it like a fat kid jumps on a bed at a friends sleepover.
Posted by redmax on :
Yeah I am looking for a spike in an hour or so. Nice opportunity to buy.
Posted by netfreak on :
**it I just bought in at .15 yesterday... Does anyone know when the next anticipated PR will be for this one???
Posted by buckstalker on :
MM's are manipulating the pps to entice sellers...trying to steal cheap shares here...UBSS is buying anything he can
Posted by sportsguy on :
This isn't looking good.
Posted by Stock_Feign on :
its crap...who ever thinks its gona spike...good luck
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/04/06 0.1700 0.2200 0.1600 0.1700 unch 748918 unch%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 7265545
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3028026
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1676961
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1700 0.0900 0.1700 0.2500
Posted by buckstalker on :
I really think that you people that are whining here should maybe rethink trading pennies...
Posted by juice on :
ill just hold my shares i got yesterday at .14 for a while... summer isn't even here yet!
Posted by Repoman75 on :
Yeah really, get a new hobby, like black/red on roulette.
Posted by moosehead9nc on :
mms just had to shake it to get cheap shares, and now its going back up
Posted by redmax on :
Relax, every day it has fallen to 13 cents. Nice base. Now its headed back up. If you are gonna freak every time it dips, then go invest in the blue chips.
Once again a nice spike looks to be coming after a fairly large MM shake. Stick in there and you won't regret it. Don't let the shakes get you out.
Posted by buckstalker on :
Moose..that's what they do...play on inexperienced traders emotions...oh and by the way, they do read these boards...
Posted by Apollyon on :
Good thing about shakes - is we get rid of these whiners.
Posted by Repoman75 on :
Apollyon, yeah, these whiners buy high, sell low... but they'll be back on the next PR buying high, and then when it drops, they'll whine again.
Really should be an IQ test to play the market.
Posted by buckstalker on :
Good point Apollyon...
Posted by socal_helix on :
MY ANSWERS FROM ED MONET:
Very quick response and I'm impressed:
Joseph
Thanks for your email and support, I will try to answer your questions without speculate on details:
1) Can we fully expect additional press releases from the company in the VERY near future? Approximately in the next 5-10 business days?
A: Yes, we hire a IR company in charge of all related issues and activities in the near future.
2) What is their timeframe to have properties developed and producing revs in the next year?
A:We are working towards a goal 250 wells by the end of the year, without incur on additional workforce and debt. This may change if the oil prices increase substantially.
3) What is their capital outlay compared to income prior to these properties producing a viable rev stream? A:Our revenue stream is our working capital, we don't have line of credit or loans. We finance the entire project trough equity.
4) What is their expectations of multiple shallow wells to reduce drill time and costs?
A: The vast majority of our shallow wells where at some point very high producers, have a considerable reserve potential. We finance rework, pulling and rig time with the income generated out of those wells.
5) It was mentioned that they exceeded their previous guidance. What WAS the guidance and can they discuss the new guidance?
A:Our Guidance is the budget establish early last year at $40 barrel our new Guidance is $ 55 barrel for the rest of the year.
6) Are they going to concentrate on crude, or will they be pursuing gas wells as well?
A: At this time only crude, however we are working on a possible join venture with a large oil company to outsource one of our properties with a great Gas potential.
7) Will they be concentrating on shallow holes only?
A: We are pursuing "marginal wells" in general, shallow wells are consider between 800 feet to 2000 feet, we have a large amount of deep wells 3000 feet up to 6000 feet; keep in mind that a "marginal well" for a large company could be 120 bpd, a medium maybe 30 to 50 bpd, for us anything over 2bpd is good and has ROI; our operating cost is really inexpensive.
8) Do they own, or have lease rights to any rigs presently?
A: We own all our leases on 70% or more in most cases and all working interest in the majority of our properties. At this point we only operate and work with properties that we own. We have a significant amount of processing equipment and few vehicles including a portable rig; however we outsource the heavy and sophisticated equipment with our partners.
Posted by buterjames on :
6) Are they going to concentrate on crude, or will they be pursuing gas wells as well?
A: At this time only crude, however we are working on a possible join venture with a large oil company to outsource one of our properties with a great Gas potential.
...hummm?!!...it shall blow!!!
Posted by Repoman75 on :
That's why they put the website in Chinese and French..... HUGE FOREIGN CAPITAL.
Posted by CRab on :
Why on earth wouldn't they release THAT type of info...info people can actually use and think about? I guess they will later on ,lol...
Posted by dkinvest on :
Anyone here have scottrade elite?
Posted by Chopper on :
I have it DK... It has stunk since January.
Posted by dkinvest on :
You get level 2's w/ that?
Posted by buckstalker on :
I use alphatrade for level 2's...doesn't get any better...but not cheap.
Posted by redmax on :
Wow, simply awesome. I'll be holding for a while Posted by TINPOZ on :
these jackass's are selling as fast as others are buyin.............
Posted by TINPOZ on :
I still say by the EOD this thing moves green for sure..........
Posted by socal_helix on :
Glad I can add some decent DD to this board. I'll be corresponding more with PGPM today. I'd like to them to release the financial report on a wider basis. That's a report EVERYONE should see and not all people know to go to pinksheets.com. Even if they do, they will look under SEC filings and see nothing.
Posted by lostone on :
any of you guys following Superman7's pick today? SVYRE it's doing quite well.. i love that guy
Posted by redmax on :
Moring MM shake and nice run at end of day is what I expect.
Posted by buterjames on :
quote:Originally posted by lostone: any of you guys following Superman7's pick today? SVYRE it's doing quite well.. i love that guy
i miss getting in at .055 and decided not to chase
Posted by TINPOZ on :
we need a close of .2 or better.......
Posted by letitrideboy on :
Superman is a great guy.
Posted by rocked on :
yea, im doin very well
Posted by dkinvest on :
This thing looks like it is forming a solid .14 base....looking good for next launch.
Posted by icraig21 on :
Trying to get more at .14, but will not take
Posted by Chopper on :
No L2's on the Pink Pennies but ok on the BB.
quote:Originally posted by dkinvest: You get level 2's w/ that?
Posted by night_rider on :
Does anyone have any ideas of the time frame of this next PR? And if it does contain new quality information what it will or should do to the stock?
Posted by bayvillian516 on :
hopefully this will close in the green, anyone have a guess what it will close at tommorrow, im thinking mid .20s if im right about people buying up for next week. there's talk of more pr's next week
Posted by buckstalker on :
L2's are looking real good right now...
Bid .141 x 1 .14 x 3 .12 x 1
Ask .16 x 1 .17 x 1 .18 x 1 .19 x 1 .21 x 1
Posted by night_rider on :
Nova Energy Holding, Inc (NVAO.OB) was in a similar position as PGPM a couple months ago when they were under a dollar, then they got a $12.5 million joint venture agreement with Scott Petroleum to produce 20 million gallons of Biodiesel Fuel....and when that came out the stock jumped to $10.00....... from the Q and A that Socal_Helix had, it gave me the impression that it could be pretty similar.....any thoughts?
quote:Originally posted by night_rider: Nova Energy Holding, Inc (NVAO.OB) was in a similar position as PGPM a couple months ago when they were under a dollar, then they got a $12.5 million joint venture agreement with Scott Petroleum to produce 20 million gallons of Biodiesel Fuel....and when that came out the stock jumped to $10.00....... from the Q and A that Socal_Helix had, it gave me the impression that it could be pretty similar.....any thoughts?
Boy, that would be nice, however I would have to go out and buy new shorts if it jumped to $10.00 from here. I think it will get there if the news is anywhere close to reality. Just have to wait. I'm patient and can wait a while. As long as I don't get board I won't forget why I bought the thing to begin with.
Posted by madmoney on :
nvao has 10 million shares out currently at 4.77 my chart shows a 52 week high of 6.30, this has over 320 million out. not apples to apples IMO!
Posted by socal_helix on :
I asked Mr. Pinedo about PR-ing the financial report on a wider basis, as opposed to JUST pinksheets.com. His reesponse is below:
Joseph
As small public company, we like to be as low profile as possible, trying to avoid short sellers, or major dumps that hurt our credibility. We are very focus in operations and more acquisitions in the short term. Thanks for your feedback Regards
Rafael Pinedo
Posted by Repoman75 on :
That last reply doesn't make sense.. if that were the case, why release a PR saying your stock is worth $33???
Posted by tmanfromtexas on :
MY NEXT EMAIL TO PGPM, I'L LPOSTA RESPONSE WHEN I GET IT:
I can certainly appreciate that notion and it makes complete sense to do so. However, this is in contrast to the PR on Monday where PGPM stated their opinion that their share price should be $33/ share. That kind of speculation goes against the goal of remaining "low-key." So if the financial report was released on a MUCH wider basis, it would serve to strongly back up the initial claims made on Monday.
Additionally, in yesterday's PR, PGPM stated all opinion, no facts to back it up with respect to claims of tripling sales, exceeding guidance, etc. This sound great and as an investor I am excited. However, it is quite common, unfortunately, on the pinksheets for companies to make such claims that never come to fruition. Therefore, it would be wonderful for the ENTIRE investing public to see the financial report which, I feel, backs up these speculative claims. It would be speculation no more.
It may be VERY VERY beneficial to at least send out a small PR stating that PGPM's financials can be found and viewed on pinksheets.com to back up the claims made on Monday and Wednesday. The PR's released on those two days go against the idea of remaining under the radar, in fact they garnered the attention of the ENTIRE investing community and that same community is in dire need of fortified "proof" of the claims. That proof is in hiding in an obscure location on a little website. A PR from PGPM with a link to that report would be GREAT, for example.
Thank you VERY VERY kindly for your discussion and your attention. You responsiveness is extremely impressive and highly appreciated by many! It's quite refreshing for a change as an investor to have such dialogue with the company I am invested in!
Have a great day!
Joe
Posted by stockvaper on :
Thanks social_helix. I would worry about a company that pretends that it's stockholders do not need to see financials. Do they forget it's a publicly traded company and WE stockholders are the owners? We make investments on DD not hype. (Or at least should).
Posted by dkinvest on :
quote:Originally posted by TINPOZ: PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/04/06 0.1700 0.2200 0.1600 0.1700 unch 748918 unch%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 7265545
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3028026
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1676961
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1700 0.0900 0.1700 0.2500
Looks like we may test support today at .09.
This may be a chart correction.
RSI 76 at .13
Posted by socal_helix on :
Wow, all I get is 3 stars? lol
kidding
Posted by Stock_Feign on :
.115
Posted by lostone on :
just bought some more .115
Posted by letitrideboy on :
this is making me ill!
Posted by Stock_Feign on :
all the hype for nothing its a pink ...what do u expect PRs and news all you want, show me numbers
Posted by socal_helix on :
STOCK_FEIGN: There are some rather impressive numbers released yesterday. They can be found on www.pinksheets.com under the tab "financial reports."
Posted by bayvillian516 on :
might jump infront of a car today lol I sold out of ndol at 75 and figured I had til at least tuesday to buy back in with the money I make from this, i have 8000 shares at .145 now this dropped I need to get my funds right and grab a margin account
You guys think next week will be better for this, hopefully there is another pr.
Posted by socal_helix on :
No response yet from Mr. Pinedo. he was EXTREMELY responsive to all of my correspondence thus far. So either he is busy, or avoiding my last question.
Posted by deadmango on :
It's hanging on by the skin of it's teeth at the $0.12 range. I'm staying in if it can keep the line.
Posted by redmax on :
Very frustrating. I thought we'd have a good day today. Now I am beginning to see some wholes below. Could fall a little more, then ocne the next PR comes out we should see lots a of green I hope.
Posted by buterjames on :
quote:Originally posted by redmax: Very frustrating. I thought we'd have a good day today. Now I am beginning to see some wholes below. Could fall a little more, then ocne the next PR comes out we should see lots a of green I hope.
...couple other stocks ran hot, we'll see green again and soon!!
Posted by iamsparticus on :
I dont know fellas. I simply dont know. I am going back to my sell green and move on again. GLTA. Enjoy your profits it they stay there...
Posted by Repoman75 on :
It's down too because oil is down under $70 / barrel
Posted by redmax on :
I'm considering selling half my shares. Not doing as I thought it would. Still lookign good for the future though if the Prs back up their claims
Posted by buckstalker on :
Yea...lets all dump our shares...that'll help the pps
Posted by Stock_Feign on :
quote:Originally posted by buck*******: Yea...lets all dump our shares...that'll help the pps
Posted by redmax on :
I was in at 1.3 cents. I sold half for 12.5 cents. Had to take my profit on this one.
Posted by buckstalker on :
Looks like the time to buy here...not sell...JMO
Posted by redmax on :
Buck you might be right, but given my gains I wanted to capitalize on them a bit. The PR was great, but unless they prove those numbers a 1000% gain I will take Posted by invester on :
I took some profit in NDOL and bought some. I think at .12 is a good buy. I was thinking even if they don't have the 900m barrels, they still have around 600,000. They also have allot of wells and leases on the works. Should do fine.
Posted by buckstalker on :
Don't get me wrong Red...I am all about taking profits...just looks like the wrong time to do it to me...I originally bought in at .011 sold at .10 (BIG BLUNDER) bought again at .15 sold at .20 and buying back in again here in the .12's GLTY
Posted by RichBy26 on :
I'll be taking some of my profits from NDOL and buying PGPM just as I said I would! 100K shares at these prices is a bargain My former screen name was just_25 but I turned 26 yesterday:)
Posted by socal_helix on :
I just splurged on another 2500 shares at .12. I know, big spender.
Posted by RichBy26 on :
it doesn't mattter if your a big spender or not socal, just as long as you trade smart. I told everyone it would come back down to these levels, maybe a smidge lower to go, but this is a great price to buy in at! If you trade smart and not on emotion, you will end up a big spender in the end with all the money you make!!
Posted by socal_helix on :
I fear Mr. Pinedo is avoiding my last email. I'll follow up with him before the end of the day.
Posted by Stock_Feign on :
thinking about taking my loss and get something else...imo this will stay arround the 14 for a while with lower volume each day even at the gap the bid is weak -_-
Posted by RichBy26 on :
Posted by redmax on :
Yeah the one thing that made me decide to sell half is the diminishing volume. Never a real stong sign. Once another PR hits should be ncie though
Posted by iamsparticus on :
I am just glad my options took off today...that is all I have to say.
Posted by dkinvest on :
Somebody email the CEO of PGPM and tell him that North-West Oil Group (Russian firm) may be interested in purchasing some of their proven reserves........ North-West Oil Group is buying NDOL for $2.17./share in case you don't know by now.
They refuse to fill me at .115 I've had a large order sitting there for an hour and NO FILL...
Posted by dkinvest on :
So, what do you think of my suggestion?
quote:Originally posted by dkinvest: Somebody email the CEO of PGPM and tell him that North-West Oil Group (Russian firm) may be interested in purchasing some of their proven reserves........ North-West Oil Group is buying NDOL for $2.17./share in case you don't know by now.
looking for attention DK? I think its an ok idea.
Posted by dkinvest on :
NDOL's buyout was $2.17 for 48Million barrels of PROVEN Reserves.
Now, PGPM is estimating approx. 900Million barrels. Even if half of that was proven, PGPM buyout price should be around an estimated $ 20/share?
Not too shabby to me.
Posted by dkinvest on :
quote:Originally posted by buck*******: They refuse to fill me at .115 I've had a large order sitting there for an hour and NO FILL...
I'm trying to buy at 12 - NO FILL!!! Posted by bayvillian516 on :
just read this on another forum. I asked the kid where he heard it from and he said he just called them up, and told me to do the same if I doubt it. I gotta go to class maybe one of you guys can call? no idea what the number is
PR IS COMING FRIDAY OR MONDAY WITH MAJOR SUBSTANCE IN REGARDS TO ACTUALS NUMBERS PERTAINING TO 900 MILLION BARRELS. Be sure to check web site to see if the newly posted results of the geological surveys are up as well. If not, keep checking with in the next 24 hours. There is alot of work being done as we speak.
Posted by socal_helix on :
I emailed PGPM again asking to confirm this rumor of a PR. I'll post anything IF I get something.
Posted by buckstalker on :
MM's are buying cheap shares from the weak...not selling though...I have had a tester buy for 40,000 shares at .115 and they won't touch it...not even a partial!
Posted by dkinvest on :
No fill for me at 12 either for a measly 7,000 shares.
Posted by Apollyon on :
I think the MMs have successfully shaken off the weak players coming into Friday with a potential HUGE PR coming. The ask on Scottrade rose to .21 after the buzzer. This would explain why your orders were not filled - time to buy them in the .20's from here on out!
Posted by madmoney on :
quote:Originally posted by Apollyon: I think the MMs have successfully shaken off the weak players coming into Friday with a potential HUGE PR coming. The ask on Scottrade rose to .21 after the buzzer. This would explain why your orders were not filled - time to buy them in the .20's from here on out!
that happens every day, that ask was posted at 10:28 this morning it will change soon, as it did yesterday! GLTY!
Posted by dkinvest on :
HEY REPO!!!
What do you think of this idea?
quote:Originally posted by dkinvest: Somebody email the CEO of PGPM and tell him that North-West Oil Group (Russian firm) may be interested in purchasing some of their proven reserves........ North-West Oil Group is buying NDOL for $2.17./share in case you don't know by now.
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/04/06 0.1700 0.2200 0.1100 0.1250 -0.0450 13510555 -26.47%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 7265545
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3028026
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1676961
Overall Average: 100% - Buy
Posted by Repoman75 on :
quote:Originally posted by dkinvest: HEY REPO!!!
What do you think of this idea?
quote:Originally posted by dkinvest: Somebody email the CEO of PGPM and tell him that North-West Oil Group (Russian firm) may be interested in purchasing some of their proven reserves........ North-West Oil Group is buying NDOL for $2.17./share in case you don't know by now.
Rubbish. If any foreign investors come in, it will be from France or China... that's why the websites were translated.
Posted by letitrideboy on :
I don't care who buys, just buy us out! lol
Posted by Repoman75 on :
No buyouts, leasing agreements
Posted by socal_helix on :
*** CONFIRMED PRESS RELEASE ***
The following email is straight from the CEO, R. Pinedo:
Mr. Pinedo,
I must thank you generously for your time, patience, and willingness to share information. This has been a refereshing investment endeavor thus far. Have a wonderful weekend.
Joseph Musmacker
-------------------------------------------------------------------------------- From: rpinedo*bpetroleum.com [mailto:rpinedo*bpetroleum.com] Sent: Thu 5/4/2006 2:49 PM To: XXXX, Joseph Subject: Re: PGPM Press Releases
Joseph
We will have a press release on Monday Thanks
Regards
Rafael Pinedo > ----- Original Message ----- > From: "Musmacker, Joseph" <XXX*XXX.com> > To: rpinedo*bpetroleum.com > Subject: PGPM Press Releases > Date: Thu, 4 May 2006 12:43:43 -0700 > > > Hello Mr. Pinedo, > > Can you confirm a rumor that there should be a press release out by > possibly Monday to update shareholders on certain "numbers" as well as > updates coming up on the website by Friday or Monday? > > Thank you
Posted by socal_helix on :
*** CONFIRMED PRESS RELEASE ***
The following email is straight from the CEO, R. Pinedo:
Mr. Pinedo,
I must thank you generously for your time, patience, and willingness to share information. This has been a refereshing investment endeavor thus far. Have a wonderful weekend.
Joseph Musmacker
-------------------------------------------------------------------------------- From: rpinedo*bpetroleum.com [mailto:rpinedo*bpetroleum.com] Sent: Thu 5/4/2006 2:49 PM To: XXXX, Joseph Subject: Re: PGPM Press Releases
Joseph
We will have a press release on Monday Thanks
Regards
Rafael Pinedo > ----- Original Message ----- > From: "Musmacker, Joseph" <XXX*XXX.com> > To: rpinedo*bpetroleum.com > Subject: PGPM Press Releases > Date: Thu, 4 May 2006 12:43:43 -0700 > > > Hello Mr. Pinedo, > > Can you confirm a rumor that there should be a press release out by > possibly Monday to update shareholders on certain "numbers" as well as > updates coming up on the website by Friday or Monday? > > Thank you
Posted by socal_helix on :
sorry for the DOUBLE post......site was acting up.
Posted by buterjames on :
quote:Originally posted by socal_helix: sorry for the DOUBLE post......site was acting up.
...yeah theres big talk over on IHUB, so much I'll be doing more DD tonight for more buy in AM...
Posted by Repoman75 on :
Like I said from the beginning.. more PR's, leasing agreements, .5 end of month.
Posted by kittykash on :
here's a treat, very worth watching, especially for all those who made great gains here, bet you felt like this guy and the amazing things he can do with his balls.... absolutely amazing! http://marketplace.espeakers.com/movie.php?sid=5290&aid=10558> &aid=10558 :-O
Posted by socal_helix on :
Can someone post my PR confirmation post on IHUB? I'm banned from IHUB. LOL
We need to spread news, especially confirmations. THANKS!
Posted by letitrideboy on :
sweet i got in this WAY to high. If i had some more funds I would buy in this low but I am all tied up right now. Just glad to see I shouldn't be loosing any money on this woo hoo
Posted by buckstalker on :
quote:Originally posted by kittykash: here's a treat, very worth watching, especially for all those who made great gains here, bet you felt like this guy and the amazing things he can do with his balls.... absolutely amazing! http://marketplace.espeakers.com/movie.php?sid=5290&aid=10558> &aid=10558 :-O
Posted by invester on :
Good news on Monday Posted by captain america on :
did anybody watch mad money tonight? crammer talked to the ceo of CFW and if im right doesnt this company do the same thing that PGPM Does ? CFW TRADES AT OVER $8 A SHARE. just thought it to be a positive.
Posted by js49886 on :
I saw that. Lets hope for it, right? hehe
Posted by Apollyon on :
I can't believe I stayed in this all week. I bought in at .014 when I saw Superman7 post this Monday <-- thank you! It's all profit at this point, but MAN when it goes up and down the change is huge. It took me 9 months to make $500 in profit, now I make that every time PGPM goes up a penny. Thanks to all of you for continuously posting DD on this company. My hats off to everyone of you - good luck!
Posted by netfreak on :
What are the predictions for today boys???
Posted by 2fstws6 on :
Looks like it will open very strong,wonder how long it will stay and how high we will go today.One thing I am pretty sure of is it looks like a green day for this one and whatever happens thru the day maybe a little EOD run up.
Posted by Repoman75 on :
If you're gonna buy, buy on the lunchtime dip... EOD run will be huge.
Posted by Doniboy on :
oops, wrong thread
Posted by invester on :
Looks good. Good luck fellas.
Posted by night_rider on :
what is the reality of this thing staying in and closing in the .20 today?
Posted by invester on :
Gap again!!!
Posted by Stock_Feign on :
anyone still in this ?
Posted by invester on :
Yes we are in it.
Posted by Stock_Feign on :
holding for couple days...need to see some movement >_<!!
Posted by Stock_Feign on :
the bid needs to start hiting the 20 bar
Posted by bayvillian516 on :
this thing is allways a nice gapper, wish i had a margin account
Posted by Stock_Feign on :
lower volume each day, lower gap each day hmmm
Posted by bayvillian516 on :
yea but we should see a nice eod run, because of the pr coming out monday
Posted by Fuzzy1018 on :
yes, there will definatly b an eod run today and a great a monday with the pr
Posted by Repoman75 on :
I have a friggin' buy at .13 and these guys are filling at .125??? What the F?!
Posted by RichBy26 on :
I'm in the same boat repo??? It's been 15min now..
Posted by Jason0321 on :
TNOG is moving!!!
Posted by bayvillian516 on :
wrong board
Posted by Repoman75 on :
We're not showing as the inside market either... I'm sending screen shots to the NASD.
Posted by Repoman75 on :
MM's playing serious games with this stock... they are refusing to fill orders with their inventory. Not only that, they are inducing sales. Unless someone sells below .14, they are not filling. If you buy at .14 or above, you're filled right away because you're hitting someone's sell order.
It's BS. They know a run is coming again.
Posted by buckstalker on :
Repo...I posted about this yesterday...had an order in all afternoon at .115 trades were going through at .11 and wouldn't even give me a partial. MM's are buying up anything they can get their hands on but only selling above the ask. This is going to run and they know it...
quote:Originally posted by Repoman75: MM's playing serious games with this stock... they are refusing to fill orders with their inventory. Not only that, they are inducing sales. Unless someone sells below .14, they are not filling. If you buy at .14 or above, you're filled right away because you're hitting someone's sell order.
It's BS. They know a run is coming again.
Posted by LARSON on :
Hey Repoman75 and buck*******,
I got filled at 9:55:41 am today 23000 shares at .125 , i also had an order in for 25000 shares for .12 that never filled and cancelled it. These were both last minute changes late yesterday because for the last hour and a half i also was not getting filled for my orders of .115 when i noticed that they were filling the .11 !!!!! Seems to be same problem you had.
I am new to pennies....so don't know what to think...
L.
Posted by GreenBaronZ on :
i like the looks of this. Once all the profit taking takes place, this thing will rise to its true value. Looks like another Ndol, maybe even bigger. Grabbed myself some shares today.
Posted by invester on :
There talikng about oil in Texas, and how big oil is scrambling to take over small oil.
Posted by invester on :
On CNBC.
Posted by buterjames on :
quote:Originally posted by invester: There talikng about oil in Texas, and how big oil is scrambling to take over small oil.
yea...this one could blow its top any minute, better yet sec!!
Posted by RichBy26 on :
Just got filled, 45 min...that's crazy. I now have a nice sized posn ready to ride!
Posted by RichBy26 on :
I was watching CNBC and saw that bit, good for us:)
Posted by Schwabie on :
its running hang on !
Posted by Repoman75 on :
Yep... 2:00pm, just as I predicted.
Posted by money? on :
so what is your prediction on pps by end of day?
Posted by Repoman75 on :
.15, AH fill maybe of .155 or .16
Posted by DIGDOUGH on :
YEEEEEEHAAAAAAAAAAA!!!!!!!!!!!!
quote:Originally posted by invester: There talikng about oil in Texas, and how big oil is scrambling to take over small oil.
Posted by RCAnalyst2007 on :
Guys,,
Watch ECTA (the big mover).. it's gaining volume.
Posted by buckstalker on :
It needs to...now go pump elsewhere..
Posted by Repoman75 on :
Beat RCA. Go pump MGEN.
Posted by jordanreed on :
RCA seems to be the "kiss of death"...sad ,really
Posted by Repoman75 on :
140,000 share buy at .14
Posted by buckstalker on :
Trying for more...mm's won't sell. I thought they were here to make a market...
Posted by Repoman75 on :
THey are holding back orders. I've never seen a more crooked bunch of MM traders than on this stock. I'm going to call one of these clowns and give the Hell.
Can anyone post the LEvel II link on pinksheets so I can see it realtime?
Posted by Schwabie on :
lets all become a mob and raid MM's houses :-D
Posted by buckstalker on :
I have had buy orders in all day at the bid, ask, and in between, and they haven't filled one friggin share...They just dropped the ask back down to .14 and I've had an order in at .14 for an hour...nothing!!!
Posted by RichBy26 on :
They know what's comming repo, nothing we can do man. They might be crooked, but they don't want to be caught with their pants down again:)
Posted by Repoman75 on :
I feel the explosion coming! .50 by eom.
Posted by Repoman75 on :
270K share buy at .1425
Posted by Repoman75 on :
.15 now.. sellers are gone...
Posted by dkinvest on :
ask was at .145, put my 5000 share buy order in at .15....filled at .142
WOOOOOOO HOOOOOOOOOOOOOOOO!!
Posted by Repoman75 on :
No orders were filled at .142
Posted by madmoney on :
no 270K buy at .1425! - 14.30.42 - 5,830 buy at .142
Posted by dkinvest on :
quote:Originally posted by Repoman75: No orders were filled at .142
I can email you my confirmation notice if you'd like.
Posted by buckstalker on :
All mirror trades going through now... .145 & .15
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/05/06 0.1300 0.1700 0.1000 0.1450 +0.0200 8189658 +16.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 7938320
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3291396
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1810079
Overall Average: 96% - Buy
Price Support Pivot Point Resistance
0.1250 0.0417 0.1517 0.2617
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Analytics are from close of previous session Subscribers have access to latest information
Posted by GreenBaronZ on :
i see green next week $$$$$
Posted by Dustoff101 on :
Are you guys sure you want to hear my opinion of Market Makers today, specialy our old buddy NITE!
I am still white hot from this morning.
Posted by buckstalker on :
I do...
Posted by buckstalker on :
.152 close... Posted by js49886 on :
I had a small order * $0.145 for a while, d*mn thing wouldnt get filled. Arg
How the news comes around noon like it did this monday.
Posted by js49886 on :
blah, Hope the news comes around noon... (no edit button)
Posted by GreenBaronZ on :
that was a strong finish at the end today. good luck to next week!
Posted by lostone on :
nice EOD
Posted by buterjames on :
hummm, good...just got back from meetings and found us eating green, however I expected it to be sitting at 18 - 20...MM's are really envolved with this one, they can't get caught a** backwards like last time!
Posted by RichBy26 on :
We should have been back to .20 buterjames but the MM's were taking us hostage all day. We should see nice gains next week and a pr will push us way north!
Posted by GreenBaronZ on :
did anyone listen to the webcast of raphael pinedo at TraderS Nation?
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/05/06 0.1300 0.1700 0.1000 0.1520 +0.0270 10393500 +21.60%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 8457935
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3486358
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1913714
Overall Average: 96% - Buy
Price Support Pivot Point Resistance
0.1520 0.0707 0.1407 0.2107
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Posted by lostone on :
quote:Originally posted by GreenBaronZ: did anyone listen to the webcast of raphael pinedo at TraderS Nation?
He said the difference between PGPM and other comparable oil/gas companies is that they already have proven reserves. What they do is take properties from median and large oil companies, fix them, and get it producing again. They operate their own properties which increases their net revenues. They're looking to grow the company through proven reserves. They have 12000 acres of properties. They have no debt. They looking for cost-effective acquisitions that will take them to the next level.
Posted by Stock_Feign on :
sounds like some GOOD NEWS TO ME! next week should be a good start for their "next level"
Posted by GreenBaronZ on :
check out Traders Nation website. At the top of the latest headlines section is Pilgrim Petroleum's second to last PR(stating 900 million barrels of oil, pps $33).
make it second from top headlines
Posted by lostone on :
wow, next week is going to be interesting.. that's the exposure we need
Posted by netfreak on :
***t that is alot of acres!!!!
Posted by netfreak on :
Did I hear them say they will report their financials some time next month???
Posted by CRab on :
I heard..."strategic alliances with other small producers"...then he mentioned they are going to be producing on about half of their property by next year at this time...
This company trading where it is, is simply a joke right now...the growth here is going to be huge!
Posted by RichBy26 on :
it's here money?
Posted by money? on :
haha nice, thanks richby26 ; )
Posted by money? on :
GOOOD MORNING PGPM'ers!!!!! TODAY WE ARE GOING TO HAVE A SLIGHT RISE IN THE THE PPS, WHILE SOME POTENTIAL DOWN FALLS TO SAY .135, BUT ALL IN ALL IM GOING TO HAVE TO SAY TODAY IS GOING TO TURN OUT TO BE A BEAUTIFUL DAY AFTER ALL. SO, SIT BACK RELAX AND THROW YOUR MONEY IN PGPM TODAY AND WATCH IT GO PAST .20!!!!!! T-2 MINUTES TILL LIFT OFF. hahaha, wow i should be a paid pumper. if anyone knows of any job openings, hit me up. haha good luck eveyrone
Posted by night_rider on :
Any projections or thoughts for this week?
Posted by money? on :
i say $5 a share, haha. well it all depends on if we get the pr here soon. if that happens then heck, ill be over here smiling
Posted by RichBy26 on :
we need the pr that was promised to hit this week, if we get it we should be in great shape!
Posted by money? on :
yep, i hear you on that. pps is going up : )
Posted by Repoman75 on :
$5? Take .75 and be happy. That's my goal. Don't be greedy like those NDOL'ers.
Posted by iamsparticus on :
Did yall see NDOL? I told them to get out but oh well...
Posted by lostone on :
i dreamt PGPM was offered a $3/share cash buy out..
Posted by Fuzzy1018 on :
dont even tlk about buy out guyz lolz
Posted by buckstalker on :
Pilgrim Petroleum Corporation Announces Leases and Production Acquisition in North West Texas May 8, 2006 10:50:00 AM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--May 8, 2006--
Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today new acquisitions of approximately 25 wells in a marginal production area, including several hundred undeveloped acres located in Wichita County Texas. The acquisition includes processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim chose these target prospects based on proven reserves and drilling success of fellow exploration firms in same Basin Region. Pilgrim Petroleum's goal is to now focus on potential drill programs and development of the most promising lease properties in its portfolio. Today current oil price structure and its know-how and cost-effective technology will contribute to targeting new prospects with low level of risk and undiscovered recoverable and unrecoverable oil by traditional technology.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "Future acquisitions in our target regions could give the resources necessary to build the dedicated team and to pursue further our portfolios of proven or semi-proven exploration targets all the while sustaining significant profitability without incurring additional debt."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Investor Relations Eddie Monet 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com Posted by Repoman75 on :
I told you guys... foreign leases to French and/or Chinese companies.
Posted by GreenBaronZ on :
long term play here
Posted by Newbie7 on :
Why... 25-45 barrels per day....
Posted by invester on :
I read on another board that the reason for the Chinese website, is that there have been talks with the Chinese about a potential buyout. This could be huge.
Posted by RichBy26 on :
is that speculation investor or are there facts that you or the individual can give us???
Posted by netfreak on :
Yeah I am going to try to add an additional 70K to my PGPM portfolio today....
Posted by hensley1971 on :
hey invester, just curious as to why you havent commented at all on the ndol situation, you are heavy into that arent you?
Posted by rocked on :
i just jumped in with more at 15..
Posted by RsHnWaTCh on :
Hey,
PGPM had a PR today about leases in NW Texas right? I think that PR wasn't so good. Didn't do too much. Oh well, hope they got better news coming this week.
Posted by lostone on :
looks like gonna be EOD run..
Posted by money? on :
we should get better news this week. this company has alot to offer and is capable of backing everything they say. thats what i like about this company
Posted by RichBy26 on :
yeah, I don't think that is the news they were talking about...According to people who emailed them directly, we should be looking for a pr soon about the reasons for the websites in french and chinese
Posted by iamsparticus on :
I honestly have to say that when most companies say a PR is coming out they generally never make the deadline. I am glad to be in a company that has kept there words twice....just food for thought. Oh and JMHO dont mean $hit
Posted by lostone on :
NDOL took a few weeks.. i guess i don't mind waiting for this one..
Posted by iamsparticus on :
Yea, but they kept saying pr this week, pr tomorrow, pr blah blah. Got tired of breaking words so I sold. Yea I missed the run but I like companies that follow through on time. That is just respectable business.
Posted by bayvillian516 on :
they said they were having a pr today and they did what are you talking about?
Posted by lostone on :
i think he was referring to NDOL
Posted by bayvillian516 on :
oo, same with aurc in that case
Posted by iamsparticus on :
I am talking about how this company has always put out the PR when they said they would unlike most pennies.
Posted by invester on :
quote:Originally posted by hensley1971: hey invester, just curious as to why you havent commented at all on the ndol situation, you are heavy into that arent you?
I sold all NDOL at 1.19, 1.35, and 1.49.
Posted by RichBy26 on :
quote:Originally posted by invester: I read on another board that the reason for the Chinese website, is that there have been talks with the Chinese about a potential buyout. This could be huge.
Is this based on facts or speculation???
Posted by Repoman75 on :
Speculation. But they did put their websites into Chinese & French for some reason... I'm guessing leasing agreements, not sales.
Posted by invester on :
quote:Originally posted by RichBy26: is that speculation investor or are there facts that you or the individual can give us???
Speculation on my part, he was speaking factually. I was merely conveying what I heard. It would make sense though.
Posted by RichBy26 on :
ok, thanks
Posted by RichBy26 on :
if NDOL's deal turns out well for shareholders it could bring great confidence to shareholders in other possible buyout deals. ie...PGPM
Posted by dkinvest on :
That PR today was some fluffy azz fluff....IMO
Posted by RichBy26 on :
i agree dk, hopefully they come with something more by eow... at least we finished in the green today:)
Posted by lostone on :
quote:Originally posted by dkinvest: That PR today was some fluffy azz fluff....IMO
wait, i don't get it.. how is that fluff?? those USXP PR's are fluffs.. but this one is new acquisition.. i don't think it's fluff.. it's just that they didn't give us explanation on how it would directly benefit the company, in terms of $$ .. but i think it's alrite, it helps maintain the price..
Posted by JohnDoe on :
Hello everyone got in at .125 make 350 profit should i get out with my profit at .16? Or Hold...
Thank you
Posted by GreenBaronZ on :
definitely hold, remember this is an oil company on the rise. The oil sector is hot right now. This is at least 3% of the estimated $33pps, which is 1 buck. Im not trying to pump it up or anything but this company is on the rise!
Posted by JohnDoe on :
GreenbaronZ: thanks for the advice i'm just a newbies. I Got in NDOL at .50 sold at 1.44 whoew...i was so proud of myself that i bail b4 it dips..but my biggest mistake is on XLPI lucky i only put 500.00 in now sitting at 180.00 lol guess i'll just let sit there heh:)
Thank You
Posted by 2fstws6 on :
Iam a newbie also and I got in this at .135 with 14,800 shares and Iam holding all week to see what happens.Looking for .20 + today and a slow rise up.
Posted by money? on :
good morning everyone. today is going to be beautiful. were going to have a steady rise in pps all day. sit back relax and like yesterday. "THROW YOUR MONEY IN AND ENJOY THE RIDE" this stock is as good as taking money from a baby who picked it off the money tree.
Posted by Fuzzy1018 on :
will it be a gapper today? l2's? thanks
Posted by night_rider on :
Anyone have any thoughts on the PR that came out yesterday and if we should see another one this week?
Posted by Repoman75 on :
From HSM:
Ok, take this for what it's worth but the source I got this from has been very reliable up to this point. I'dbe seriously cautious from this point on folks. Just my opinion though and do your own DD.
"I was on the phone with Monet asking about equipment and so on and explained to him I have not received the EMail on it. Everytime he asked a question a guy in the background the phone was getting muted and in the past phone calls I noticed this as well. Well then I wanted to touch base with him again in regards to 900 millions barrels of oil, I want to know actual totals, not potential or maybe. The phone didnt get muted this time and a guy in the back ground joked and made the comment "another one of those calls again, these people are going to be upset when we tell them only 25 percent is coming up, stick to what was released last week. I acted like I didnt even hear the crap, said thank you very much and hung up.
Then I tried to call to corporate office again, the service has changed. You use to be able to call and have options, now it is just a female voice referring all the calls to Monet with no options and just leave a message thing. Believe at this point, some serious BS'n is going on. Monet made a comment to me the other day about being invested into a diamond mine company in Africa and I am wondering how much he had invested into PGPM violating insider trading laws."
Posted by lostone on :
wait, is that bad? the 25 percent part is still good isn't it?
Posted by Repoman75 on :
Nope, that's real bad...
Posted by kittykash on :
at least some oil is coming up. Happy company is legit
maybe they are tired of all the calls. Hoping for better news, I came in on this one too high.
Posted by tmanfromtexas on :
HI KITTY...
Posted by dkinvest on :
what does HSM stand for?
Posted by indef on :
from the same board: "remember people don't believe everything that is said here, call up Monet yourself and post here and we will see if everyone is getting the same info"
Posted by Repoman75 on :
The call originated from Ihub... the moderator of the PGPM thread dumped all of his shares (almost 1 mil) after talking to Monet...
Posted by invester on :
25% of 900 is 225m. This is a buy. That statement sounds like BS to me. The muted and all. Get real. These guys put out a decent financial report as well.
Posted by Repoman75 on :
Hey, just reporting what's out there...
Posted by kittykash on :
quote:Originally posted by tmanfromtexas: HI KITTY...
Hello there! Welcome back..
Posted by netfreak on :
IF THIS COMPANY WAS A B/S COMPANY, WOULDN'T THE PPS HAVE GONE DOWN DRAMATICALLY TODAY??? THIS THING HAS BEEN HOLDING STEADY FOR THE PAST COUPLE OF DAYS BOTTOMING OUT AT .12 AND PICKING UP AGAIN FROM THERE. I AGREE INVESTOR THIS STATEMENT SOUND LIKE HORSE **IT...
Posted by invester on :
quote:Originally posted by Repoman75: Hey, just reporting what's out there...
I know, not you. Go listen to the web cast of this guy, coupled with the financials. Don't believe everything you hear. Even if the reserves are 10% of what they claim, that’s 90m. That’s double NDOL. Be smart, that guy is insane to sell here.
Posted by js49886 on :
IDK. I dont believe everything I heard on message boards.
Hell maybe someone wants in low & want to try to get everyone else to dump!
Posted by money? on :
Im keeping all my shares, i know that this company is legit and will make me some money. for everyone else who is iffy, go do some DD yourself and you decide then, but just remember the odds here are looking very good. Holding strong
Posted by dkinvest on :
RSI 67 at .13 PPS
Posted by rocked on :
I just spoke with monet, he assures me, that the 900 million, is not a joke and he states never speaking with the person on ihub. The company is not a joke, and I heard noone speaking in the background. So I don't know where that bogus crap came from..
Posted by invester on :
I told you, don't believe what you hear. Do your own research.
Posted by rocked on :
i never believe what i hear, ****ing ihub i hate that ****hole..sorry for the language..lol just pisses me off people are like lemmings..
Posted by docaction on :
Thanks rock for the info, was following this fake on i-hub. I just think he wanted more cheaper shares that all!!!
Posted by money? on :
pps is down to .12 GREAT TIME TO PICK UP MORE SHARES. i myself have had an order in for a while at .12 and its not filling, so i just put it up to .125 5 minutes ago and its still not filling. im guessing its going to do what it always does. EOD run from 12-15 or 16. ohh and my order is only for $200.00 VERY SMALL and its not filling. hmmm must be because of all the talking in the backgroung where all the MM's are. stupid IHUB making shat up. do some DD and youll see the truth that this company is legit with revenue.
Posted by daytrader1 on :
from hsm:
I just spoke with monet, he assures me, that the 900 million, is not a joke and he states never speaking with the person on ihub. The company is not a joke, and I heard noone speaking in the background. So I don't know where that bogus crap came from..sounds like more bashing **** to pull the stock down..their financials are good, they have no debt, they're making good money..
Posted by rocked on :
this company is good, and that's my post on hsm actually, lol, that's exactly straight from monet, this isn't the first time ive called..either..ive never heard any crap like that
Posted by money? on :
So, i read somewhere that this guy talked to PGPM and when doing so he asked about the 900 and he heard a guy in the background laugh and say, "is that one of those investers calling again? wait till they see our next pr stating we dont have 900, but 1,800 million" i dont know, i just heard this. hahaha
Posted by bayvillian516 on :
get the shares while they are cheap, hopefully we see another pr this week(firehawks story about the guy in the backround was so weak)
Posted by money? on :
ok, but in all honesty, is anyone getting their orders filled at .125. i have a measly $200 order in and its not getting filled. im about to pimp slap me some MM's here soon if they dont fill me before the end of the day run that has been happening lately
Posted by rocked on :
lol, there arn't any shares, i just got mine filled, but it was for around 8 grand worth lol..
Posted by bayvillian516 on :
he was hyping with rshn before pgpm and then he started bashing that also
FlusH! LOL, It will get worse tomorrow. GLTA, your learning a lesson the hard way...
dont believe this idiot, if you have doubt call pgpm before you think of selling
Posted by rocked on :
yea i just wish i'd bought in then , screw everyone, i know the guy is a moron..
Posted by money? on :
congrats to you rocked. its ok. tomorrow i have $3000 finally available for me to trade. so, i hope this thing stays down here around 12 for another day , so i can get my fill before the pr. i missed ndol and im not goign to miss this one. yeah i sold out of ndol one hour before it went up. screw that. i know better now
Posted by madmoney on :
been watching this for a while, it bothers me that since the PR about 900 million barrels of reserves they have not mentioned it again, the financial statement made no mention of it and the last PR was about aquireing a couple of stripper wells witch may produce from 25 to 45 barrels a day!, what about the reserves?. phone calls are not public statements and can be easily denied, what we need is another solid PR about these reserves. where are they, how do they know its there, when will they begin drilling for it, how mutch do they think they can pump each year and what is thier net interest in these reserves?. lets go PGPM out with it already! lets face it 900 million barrels is a HUGE number almost 10 percent of the estimated reserves for the entire state ( depending on where you look ). i would be thrilled if they could prove 1/10TH of that, and i wont call the company, phone calls are not proof, a solid PR backed by varifiable facts is what is needed IMO.
Posted by rocked on :
money, i sold out of gspg yesterday lol..today up 40% i bought back in at 30...lol i feel for ya man... but yea put it in this stock, this stock will hit 50 in a short amount of time..so just relax, hold on, count your cash lol
Posted by money? on :
to the people selling shares, keep that up : ) that means i get in cheaper tomorrow and so does that basher talking about backround noise and what not.
Posted by bayvillian516 on :
last I heard since the new land they have aquired (talked about in the last pr) they will have more then the 900
Posted by Double Diamond on :
25 % of the nine million is fine for me - it's $33/share divided by 4, isn't it ? That's still over $8. LOL
Posted by rocked on :
easily denied, what are you people on drugs, why would they ever shoot themselves in the foot like that, come on! they have a stock that shot up and held, they were excited, getting it to run more, wanting to run more, but they are so unprofessional as to do that on a phone call, seriously!
there's someone on here, that has the sig, Luck favors those with a backbone, not a wishbone. Stop listening to bashers that just want to drive the stock down to buy it, people are int he business to make money, and those that havn't will bash or do what it takes to make it, we can't let them get in on us, this company, is a GOOD company, don't speculate because it hasn't made a 1000% gain, **** it's HELD ITS GAINS!!! LET IT BE, BUY IN BULLISHLY AND HOLD YOU WILL BE REWARDED..
Posted by money? on :
ok who wants to place some bets on where it will end today. my bet is it will end at .14 then gap tomorrow
Posted by rocked on :
bingo, PR and 22 tomorrow Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/09/06 0.1600 0.1600 0.1150 0.1250 -0.0350 4727517 -21.87%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 8874125
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 3645626
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1997062
Overall Average: 96% - Buy
Price Support Pivot Point Resistance
0.1600 0.1200 0.1550 0.1900
Posted by money? on :
Here we go!!!
Posted by rocked on :
yeehooo!
Posted by gfm50 on :
quote:Originally posted by rocked: easily denied, what are you people on drugs, why would they ever shoot themselves in the foot like that, come on! they have a stock that shot up and held, they were excited, getting it to run more, wanting to run more, but they are so unprofessional as to do that on a phone call, seriously!
there's someone on here, that has the sig, Luck favors those with a backbone, not a wishbone. Stop listening to bashers that just want to drive the stock down to buy it, people are int he business to make money, and those that havn't will bash or do what it takes to make it, we can't let them get in on us, this company, is a GOOD company, don't speculate because it hasn't made a 1000% gain, **** it's HELD ITS GAINS!!! LET IT BE, BUY IN BULLISHLY AND HOLD YOU WILL BE REWARDED..
Yup good post. Said it perfectly.
Posted by rocked on :
thank you I try..lol
Posted by gfm50 on :
quote:Originally posted by rocked: thank you I try..lol
Hehe.
BTW I want to really emphasize something you said since it is extremely significant...
It isn't often a company has a 1000% stock increase and consistently holds and even exceeds those gains. PGPM has done just that. The market has decided those gains represent the true value of this stock.
Don't be fooled by the bashers...it seems enough people did their DD and saw that this stock is the real deal.
Posted by daytrader1 on :
already green because of panic sellers.. I like it this way Posted by money? on :
almost to what my eod expections were. this could be good
Posted by Baxt06 on :
ask jumped to .15
Posted by rocked on :
bingo, see boys and girls.. Posted by Repoman75 on :
Closed at .125
Posted by bayvillian516 on :
closed at .14
Posted by rocked on :
um you sure, im closed at 14....not .125...
Posted by Repoman75 on :
Closed at .15 now.
Posted by money? on :
hey i was close, now lets see what tomorrow morning brings : )
Posted by money? on :
: ) gotta love those after hours trades, like IT ALWAYS DOES. haha gonna love the gap tomorrow.
Posted by RichBy26 on :
Good day today everyone. I was golfing all day so I didn't post anywhere, but I am pleased with how we ended the day!
Posted by buckstalker on :
Closed at .14
Posted by rocked on :
22 tomorrow...
Posted by money? on :
i predicted 14 and it ends at 15 and im guessing tomorrow it will gap to 17
Posted by Repoman75 on :
Closed at .15!
Posted by daytrader1 on :
Great day today.. now lets see 0.22 tomorrow.. panic sellers.. now this stock shall teach ya why roumours should not be beleived .. GLTA!
Posted by rocked on :
i hanv't seen the .15 updated yet...that's a nice close..
Posted by money? on :
not going to lie, im kinda angry that my money was not cleared up today, so i could have gotten in at 12, cause i have a feeling the lowest this will go will be 14 for a bit.just a gut feeling and i want to get in at 12,but i dont think it will happen with this pr suppost to come out
Posted by money? on :
k, im out to finish up some school work. I only have one 4 page paper about these two books i just read, a 5 page paper for my organizational diversity class, a 10 page paper for this politics class, a spanish exam, spanish oral quiz, org diversity quiz, and probably some other things with school, then have to set up my colleges chicken and beer event i am putting on coming up in two weeks. all by thursday. I LOVE SCHOOL. i may drop out and just play penny stocks. but, im off for the day. everyone take care and good luck tomorrow and in general
Posted by lostone on :
my limit buy at .13 got filled for 70k .. can't believe it went to .115 ..looks like a gapper tomorrow..
Posted by js49886 on :
this is setting up for another big run..seems like the MMs are shaking off all the weak holders everyday and finishing off strong at the end of each trading day.
Posted by GreenBaronZ on :
as to the PR concerning the Chinese and French versions of the website. Anyone here know anything about the partners in China and Canada?
Here is PR relating to it: IRVING, Texas--(BUSINESS WIRE)--April 5, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News), an independent oil and gas company, announced today it has launched Chinese and French versions of its Website, www.apetroleum.com, to promote Pilgrim Petroleum's prospects and help divest non-operated oil and gas interests in the Texas counties of Wichita, Clay and Archer. We have targeted two companies in Primary and Secondary Recovery Techniques that will allow Pilgrim Petroleum to considerably increase its existing production levels. These new plans are intended to capitalize on the optimization of Pilgrim Petroleum's existing assets and capabilities by streamlining operations.
Rafael Pinedo, Pilgrim Petroleum's President, said, "This opportunity will provide us with an exciting opportunity to move forward through association with a dynamic industry and reflects the company's strategy for strengthening its presence with our partners in Tianjin, China, and Montreal, Canada."
Posted by netfreak on :
Looks like another run is going to happen this morning if I am reading the charts correctly... Nice RSI...
Posted by buckstalker on :
Repo...closed at .14 yesterday...the trades after the close are not valid...
quote:Originally posted by Repoman75: Closed at .15!
Posted by money? on :
open will gap to 15 maybe 15.5 then it will hit 16.5
Posted by money? on :
hell yeah, great time for me to buy in!!!!11
Posted by letitrideboy on :
i never have money available to add in when my stocks dip down!! lol
Posted by Repoman75 on :
16.5 today??? I don't think so.
Posted by Schwabie on :
dip !
Posted by money? on :
hell yeah dip, buy in low, sell high. im still holding till the pr comes out. just do some dd and youll see this company is legit.
Posted by rocked on :
yea i swear, i see so many people bored just looking for ways to start..it's so stupid, because they don't have a pr to make money on yet..
Posted by kissme on :
WOW !!! Look at this >>> PayChest Inc Pyct.PK BUY NOW! WEBSITE LAUNCH WITHIN 2 WEEKS!
HUGE NEWS!
PayChest Already, has established an excellent team in the Philippines for a customer service center, as well as the Asian offshore banks to develop our common goal.
wallstreetgrapevine.com "Stocks on the Rise" named PayChest Inc. (OTC BB: PYCT)
so, hows everyone doing? so, what is everyones take on when a pr is coming?
Posted by lostone on :
geez.. red all week so far..
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--May 10, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today the Company has begun the process of interviewing SEC qualified legal and accounting firms in preparation of the Company filing a Form SB1 or 10SB with the SEC to become a fully reporting public company under the provisions of Section 12(g) of the Securities and Exchange Act of 1934, as amended and or the filing of Form 211 with NASD to be listed on the OTC:BB. The hiring of a qualified SEC legal and accounting firm is a significant step for Pilgrim Petroleum Corporation stated Rafael Pinedo, Company President. "This is the first step of many to create corporate transparency and understanding for our shareholders. This will also provide a vehicle for our investors to access financial and operational information about the Company that will be available to the public on a regular reporting basis." Mr. Pinedo said, "Pilgrim Petroleum Corporation is involved in several lucrative acquisitions and is headed in the right direction to increase its profitability and we want to share this information with investors on a more timely basis and it is our expectation that this move will enhance our corporate image and broaden investor awareness. In the meantime, the Company will continue to communicate to shareholders and investors via press releases and our website www.bpetroleum.com concerning the Company activities."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS PROFESSIONAL SERVICES ACCOUNTING LEGAL SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com Posted by daytrader1 on :
better than NDOL.. sold it and shifted profits here.. now lets go...
Posted by superman7 on :
i am back in this company is for real looks real good i am going to buy more here when momo starts coming...THIS IS HUGE
Posted by Apollyon on :
In the words of Dane Cook when talking with his cashew, "Let's do this!!!"
Posted by superman7 on :
we can easily break .20 on this news
Posted by Hold-em-er-fold-em on :
Shes going to run ! This news is just getting noticed!
Posted by superman7 on :
yup .20 can easily brek on this news...tommorow will be huge
i wish i still had my .011 shares lol
Posted by Hold-em-er-fold-em on :
14 x 15 now
Posted by superman7 on :
turning green here..this will go fast once we break .15
Posted by Hold-em-er-fold-em on :
15 is falling
Posted by superman7 on :
sure is we are about to breakout now
Posted by buckstalker on :
Buying above the ask is always a good sign...
Posted by Hold-em-er-fold-em on :
Orders are backing up , printing 16's already
Posted by lostone on :
holy crap! that's what we need!!! nice PR!
Posted by moosehead9nc on :
this is looking good
Posted by superman7 on :
this is looking great! especially for tommorow!
Posted by Hold-em-er-fold-em on :
Ok lets break those .16's let go
Posted by daytrader1 on :
YESSS>. they have nothing to hide..and they are for real. thats why they are filing to nasd. hope this clears some of the doubts of people spreading roumours for past 2 days..
Posted by icraig21 on :
Any feelings on EOM?
Posted by superman7 on :
nite just moved to .17 i would love to see .20 break today that would mean a nice run for us...after .20 we can really take off..as this one has really held up pretty nicely since its big run...this company could be for real and be a huge player in the future
Posted by Hold-em-er-fold-em on :
Nice buying pressure here!
IPre profit takers need to look at this!
Posted by moosehead9nc on :
whats the lineup on this
Posted by Hold-em-er-fold-em on :
WOW! Some big money coming in now!
Posted by daytrader1 on :
YESS>.this thing is gonna rock and roll.. another 100%?? Posted by superman7 on :
mms moving to .20 and above on the ask i can feel our .20 break coming here on this news and then we run!!
Posted by moosehead9nc on :
think we can break 17?
Posted by daytrader1 on :
yes, once profit takers get out of way Posted by Hold-em-er-fold-em on :
IM suprised people are selling at these levels.
Posted by daytrader1 on :
they've been waiting too long and roumour mongers might have scared the heck outta them:D
Posted by superman7 on :
here we goooo 3 by 3
.17 about to break
Posted by buckstalker on :
Not Smart...
quote:Originally posted by Hold-em-er-fold-em: IM suprised people are selling at these levels.
Posted by Johnwayne on :
Boy I cleaned house on this once before and don't usually like to jump in the same stock twice but... Targets anyone? Super - is momo coming our way on this?
Posted by buckstalker on :
.17's falling
Posted by superman7 on :
nite just moved of .17 look at the size of the buys wow!!
Posted by buckstalker on :
another 100k buy...
Posted by Hold-em-er-fold-em on :
WOW there has been a few bigs buys coming in!
Posted by Hold-em-er-fold-em on :
LOL BUCK seen that too HUH?
Posted by IceCold on :
anyone has L2's ???
Posted by Hold-em-er-fold-em on :
we need to get these bid wacking weaks out of the way!
Posted by Stockguru06 on :
how long can it take before they are listed on otcbb?
Posted by buckstalker on :
Bid .168 x 1 .16 x 2
Ask .17 x 2 .175 x 1 .20 x 1
Posted by Johnwayne on :
Superman- What happen's if .17 breaks? Where is resistence?
Posted by rocked on :
you'll find out in about 10 minutes..
Posted by buckstalker on :
LOL
Posted by superman7 on :
john i have no idea this stock has run so much i dont know where the resistance is i would say at .20 and then .25 and then major reistance at .27 or .29 or whatever the high was a few days ago after that we got blue skys
Posted by Hold-em-er-fold-em on :
Geez get out of the way and lets this boy gooo!
Posted by buckstalker on :
Shares are almost impossible to get...sellers are going to have a hard time getting back in here!
Posted by Johnwayne on :
Pis on it I'll see if I can get in. At least for the rest of the day. I have not bought one stock today and am itching to get in something.
Posted by daytrader1 on :
allright now its buy time enough of selling Posted by js49886 on :
Wonder when the info (#s) about the oil will come out though. Think this will this settle in a few days? or should i say, think this will break .25 on just this Nas BB news
Posted by GreenBaronZ on :
im such a freakin dumb*ss, just before i went to school today, i put in a sell at .12 because i saw no news at 10am and thought this would go below 10 cents. I just got back from school and find out that I had sold it at .12 and the stock has gone up to .16. 500 dollar difference. Im such a bonehead trader.
Posted by rocked on :
*dances around cause he held and bought even more at .11 lol GLTA told you this was a good hold..
Posted by buckstalker on :
Friggin bidwhackers
Posted by Hold-em-er-fold-em on :
Just to reiterate for those who didn't see!
Especially you sellers LOL!
RVING, Texas--(BUSINESS WIRE)--May 10, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today the Company has begun the process of interviewing SEC qualified legal and accounting firms in preparation of the Company filing a Form SB1 or 10SB with the SEC to become a fully reporting public company under the provisions of Section 12(g) of the Securities and Exchange Act of 1934, as amended and or the filing of Form 211 with NASD to be listed on the OTC:BB.
Posted by bayvillian516 on :
i sold half my shares for a loss yesterday and bought in to ipre at .001, allmost regreted it, good stuff fellas
Posted by Fuzzy1018 on :
what hppnd, it slowed down a bit, guess mm's are accumalating at .16
Posted by Stockguru06 on :
how long can it take before they are on otc?
Posted by Hold-em-er-fold-em on :
Man i would like to kick these people in the Jimmy for selling at the bid!
Posted by Fuzzy1018 on :
any predictions where it should close today? .20+ maybe
Posted by rocked on :
naa it'll settle at 16.5 watch...stupid people selling at the bid won't make the stock go up..
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Fuzzy1018: any predictions where it should close today? .20+ maybe
Predictions cost you money! Posted by Hold-em-er-fold-em on :
Man ,
These fools know how to kill a sweet run!
Posted by rocked on :
yea really, it's goddamn annoying, don't they see, SEC FILING LEGIT COMPANY THEY MAKE MONEY THEY HAVE OIL!! LET IT FLY
Posted by daytrader1 on :
hehe..i think selling is almost done, now just needs buying pressure. and this one will roll.
Posted by js49886 on :
they are getting impatient and scared.. Trying to get out of it. & ya know damn well its probably going to gap tomorrow morning.
Posted by Double Diamond on :
I'm still adding, so keep on selling folks !
Posted by buckstalker on :
How easy is it to buy DD...are you having trouble getting filled?
quote:Originally posted by Double Diamond: I'm still adding, so keep on selling folks !
Posted by Stockguru06 on :
going to otcbb is indeed big news and very good for the credibility but how long does that procedure take?
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Stockguru06: going to otcbb is indeed big news and very good for the credibility but how long does that procedure take?
Sellers are hopefully gone! Lets rock into the EOD!
Now why did UBSS just lower the ask with those .15's comeing in?
Posted by invester on :
This is great news. The transparency coupled with the move to the BB. I'm not selling under $1. This is a good one.
Posted by juice on :
looks good guys, still holding my shares from .13 last week, was gonna dump some but i saw this news and that changed. Im thinking we have another ndol on our hands. I don't get all the selling but thats how it goes. Everything sounds very promising with this company. Best of luck everyone!
Posted by Hold-em-er-fold-em on :
I have a good doctor to recommend to those of you who are selling right now!
GEEZ!!!!!!! Posted by djg7 on :
I finally got in at .145. Ask goes down to .142.
Posted by Hold-em-er-fold-em on :
UBSS is walking this thing right down!
Makes no sense!
Posted by invester on :
Hey guys, I just got of the phone with a guy by the name of Eddie Monet. I asked him if they were going to issue any more shares in PGPM. He said there is no way he would dilute the shareholders. I commended him on the PR today. I said it is a breath of fresh air to find a transparent pink sheet company. After I got off the phone, I picked up another 100k. Looks like this one, AURC, and WWEN will be the next NDOL. This one goes higher. Posted by lostone on :
i think they're doing what they're supposed to do, sell on the news.. too bad i didn't have the guts to.. cuz it's a good strategy.. they can always flip it..
Posted by Double Diamond on :
quote:Originally posted by Hold-em-er-fold-em: UBSS is walking this thing right down!
Makes no sense!
As long as they walk into my arms, it's fine
Posted by tmanfromtexas on :
Thanks Invester for taking time to call. I believe this and wwen have a good opportunity to move up. TMAN...
Posted by money? on :
hey everyone whats new? hahahaha ohhhhhhh just like i have been saying when people were second guessing this compnay. all i know is that my money was there chilling and i picked up some more today at 12. im ready to go. along with this. i picked up some shares in ipre this morning at .0017
Posted by invester on :
quote:Originally posted by tmanfromtexas: Thanks Invester for taking time to call. I believe this and wwen have a good opportunity to move up. TMAN...
Not a problem Tman. I feel this company is so ripe for explosion. I don't even want to flip it, I think I'll miss the boat. Posted by money? on :
invest. from me to you. DONT FLIP. i did that on NDOL and missed the jump by one hour.
Posted by js49886 on :
but are we that close to flying that we can't?
Posted by rocked on :
told yall, close at 16 Posted by Hold-em-er-fold-em on :
Shes climbing again!
Posted by rocked on :
here it goes, 16 close..
Posted by js49886 on :
eh, .155
Posted by money? on :
haha rocked. your great you and i have been telling everyone that this is legit and to do their own DD, we deserve some stars.
Posted by rocked on :
bingo, no ****, ask is 16, close enough... ;)Thanks brotha, i try, people just get scared, high risk, high yield, high return. If you dont have the stomach for it, bail, but dont talk it down to everyone else.. I've called this company from day one as not a pump n dump..it's going to a dollar, and when it does, im going to sit and laugh, i just keep buying up.. Posted by joejoe on :
RIGHT ON!!!
Posted by js49886 on :
I stuck with it. I now know(well it seems confirmed) that they are the real deal with the news they had today. I just hope it doesn't get shot down on they way up.
Posted by invester on :
I actually going bigger in this one than NDOL. I am a little nervous, but only when I open my account. LoL. I have done as much DD as I have on NDOL. Oil reserves, Chinese website, move to the BB, Contacting SEC for transparency, Acquiring more fields every week. And to top it off, around 330m shares out. The list goes on and on. This stock is so undervalued it is ridiculous. In the coming months I will retire in my 30's from XSNX,USXP,RSHN,NDOL, and next PGPM/AURC/WWEN. Well, not to mention my job as well. Good luck to all, I love the market. Posted by TruthLiesWithin on :
Man can you feel the tension building!!!!
I think this is gonna snap and go ballistic.
Posted by js49886 on :
yeah, but any beats on when Posted by netfreak on :
I will try to pick up another 80,000 shares tomorrow if she dips to .12 again...
Posted by money? on :
netfreak, just from the past couple of days of trying to get in at around .125 (prior to today when it was chilling at .11) it was impossible to get in at .125 let alone .12 i didnt get my orders filled when it was at .12 for .125 dont ask me, but if you do get in, good for you and congrats. but, you pick what you feel is a good entrance and exit. dont listen to anyone else. 10 hours till open. im getting excited with this and my ipre shares. good luck everyone
Posted by rocked on :
something tells me it's not dipping again..
Posted by daytrader1 on :
Todays close: 0.22, do you all agree??
Posted by money? on :
uhh yeah, im with you on that. people who sell this need to go kick themselves. cause i know i was when i missed out on the ndol jump. im not missing on this. k, im off to bed. night everyone or should i say NITE (better not screw with us on this) haha. k, cant wait till the gap tomorrow morning
Posted by rocktrader on :
hell yeah, so what does everyone think we will gap to today and where do you think well end up at eod? im calling for a .18 end of day. and gap to .16
Posted by Dardadog on :
Hope everyone took advantage of low prices this week to accumulate here.
Ruff!!!!!
Posted by buckstalker on :
Dog...how you been? Loaded up here...
Posted by madOIL on :
LEVEL II BID 1 - .14 1 - .13 1 - .12 1 - .11
ASK 1 - .15 1 - .155 1 - .18 1 - .22
Posted by rocked on :
are you effin kidding, cmon someone smash em both with a sledge hammer lol
Posted by Stockguru06 on :
going down, i think i going to load up more here
Posted by Repoman75 on :
What a gap this morning...
Posted by Stockguru06 on :
my order at 13 doesn't get filled...
Posted by rocked on :
it's gonna run oil's huge today..
Posted by rocktrader on :
r u guys ready for the run...?
we will take out 0.20 today ...all oil plays are coming to play
Posted by madOIL on :
Oil Prices Rise Above $73 Thursday May 11, 9:54 am ET By George Jahn, Associated Press Writer Oil Prices Jump More Than $1 a Barrel, Rising Above $73 on Renewed Supply Concerns
VIENNA, Austria (AP) -- Crude oil futures jumped more than $1 a barrel Thursday after police said gunmen in Nigeria kidnapped at least two foreign oil workers from a bus in a second day of attacks targeting overseas workers. The news intensified worries about supply disruptions. ADVERTISEMENT
A senior police official in Port Harcourt said the workers were riding on a bus to work in the oil industry city when they were abducted. The official spoke on condition of anonymity because he was not authorized to speak to reporters.
In Italy, the Foreign Ministry said an Italian and possibly two more people were kidnapped in Port Harcourt -- presumably referring to the same incident although that couldn't be immediately confirmed.
The news sent light, sweet crude for June delivery on the New York Mercantile Exchange up $1.04 to $73.17 a barrel in electronic trading by afternoon in Europe. Brent crude rose $1.33 to $73.77 a barrel on London's ICE Futures exchange.
Gasoline was up 2 cents to $2.1895 a gallon while heating oil was up nearly that much at US$2.0845 a gallon. Natural gas gained 2 cents, fetching US$6.920 per 1,000 cubic feet.
It was the second attack in about 24 hours on foreigners in Port Harcourt, where many oil-services companies keep their main Nigerian operations.
An unidentified gunman riding a motorcycle Wednesday shot and killed an American riding in a car to work at the offices of the U.S. drilling equipment maker Baker Hughes Inc.
A new militant movement whose attacks on oil installations have cut more than 20 percent of Nigeria's of 2.5 million daily barrel production said Tuesday it would target oil workers with fresh attacks.
But a spokesman for the Movement for the Emancipation of the Niger Delta said in an e-mail to The Associated Press Thursday that the group wasn't responsible for either the slaying or the kidnappings.
Concerns about Iran, a major oil exporter, also continued to support prices. The country's President Mahmoud Ahmadinejad on Wednesday dismissed Western concerns over its nuclear program as "a big lie," even as other voices in the regime appeared to suggest that international cooperation was possible.
The comments came a day after key U.N. Security Council members agreed to present Tehran with a choice of incentives -- including energy security and civilian nuclear power -- or sanctions in deciding whether to suspend its uranium enrichment program. The move delays a U.S.-backed draft U.N. resolution that could lead to sanctions, or even possible military action, if Iran does not suspend enrichment.
The geopolitical worries overshadowed the weekly petroleum report from the United States on Wednesday, when the U.S. Energy Department said crude-oil inventories rose last week by 300,000 barrels to 347 million barrels, or roughly 5 percent above year-ago levels.
Gasoline inventories climbed by 2.4 million barrels to 205.1 million barrels, or almost 4 percent below last year. It was the second straight week in which gasoline stocks rose.
Traders also focused on a 15,000 barrels-per-day reduction in gasoline output over the next few days due to repairs at a Valero Energy Corp. refinery unit in Texas City, Texas.
"So we've had two weeks of stock builds in gasoline, but the market says: 'Big deal, the absolute level of gasoline stocks is still below year-ago levels, and we're two weeks away from the summer driving season,'" said Victor Shum, energy analyst at Purvin & Gertz.
Any hint of a disruption to refinery operations, with global demand strong and the supply cushion thin, can affect prices.
"The surplus production capacity within OPEC remains limited, giving rise to concerns that supply may have a difficult time catching up with demand -- that has always been the main issue behind the surge in oil prices," Shum said.
Associated Press Writer Gillian Wong contributed to this article from Singapore
Posted by Repoman75 on :
Rock, what do you want to bet that it doesn't even hit .20 today, nevermind close at .20?
Your reputation? What?
Posted by buckstalker on :
Repo...WTF is your problem man? Got issues...take em to your therapist...
Posted by Baxt06 on :
Repoman - glad the whole JPHC ordeal hasn't effected your confidence. You offer a complete stranger money for ideas of where to put your money, and your talking about reputation... Good stuff man. Keep on truckin'
Posted by mos on :
I see PGPM is heading back up some...good deal.
Posted by Stockguru06 on :
rapo, relax man!!!!!!!!! we are all here to make money! this is a good company so for the long term we always make a nice profit here! i am pretty sure about that and i am in the stock market for 9 years now so relax and enjoy!
Posted by Repoman75 on :
Dude, I'm just sick of the unrealistic pumping on this board sometimes by BAGHOLDERS holding this stock at .22.
C'mon! Am I saying it will never reach .20? Absolutely not. Maybe some blockbuster PR will move it up there today.
But unless you are a complete idiot, read the charts and look at the trades. No way in Hell this hits .20 today.
Posted by Repoman75 on :
And I am still LONG the stock ... so before any of you desperate pumpers call me a basher/shorter, I am LONG.
Posted by Bearclaw on :
I got in at .0015 this morning and just got out at .0018...green day...Good luck guys
Posted by dkinvest on :
quote:Originally posted by madOIL: Oil Prices Rise Above $73 Thursday May 11, 9:54 am ET By George Jahn, Associated Press Writer Oil Prices Jump More Than $1 a Barrel, Rising Above $73 on Renewed Supply Concerns
VIENNA, Austria (AP) -- Crude oil futures jumped more than $1 a barrel Thursday after police said gunmen in Nigeria kidnapped at least two foreign oil workers from a bus in a second day of attacks targeting overseas workers. The news intensified worries about supply disruptions. ADVERTISEMENT
A senior police official in Port Harcourt said the workers were riding on a bus to work in the oil industry city when they were abducted. The official spoke on condition of anonymity because he was not authorized to speak to reporters.
In Italy, the Foreign Ministry said an Italian and possibly two more people were kidnapped in Port Harcourt -- presumably referring to the same incident although that couldn't be immediately confirmed.
The news sent light, sweet crude for June delivery on the New York Mercantile Exchange up $1.04 to $73.17 a barrel in electronic trading by afternoon in Europe. Brent crude rose $1.33 to $73.77 a barrel on London's ICE Futures exchange.
Gasoline was up 2 cents to $2.1895 a gallon while heating oil was up nearly that much at US$2.0845 a gallon. Natural gas gained 2 cents, fetching US$6.920 per 1,000 cubic feet.
It was the second attack in about 24 hours on foreigners in Port Harcourt, where many oil-services companies keep their main Nigerian operations.
An unidentified gunman riding a motorcycle Wednesday shot and killed an American riding in a car to work at the offices of the U.S. drilling equipment maker Baker Hughes Inc.
A new militant movement whose attacks on oil installations have cut more than 20 percent of Nigeria's of 2.5 million daily barrel production said Tuesday it would target oil workers with fresh attacks.
But a spokesman for the Movement for the Emancipation of the Niger Delta said in an e-mail to The Associated Press Thursday that the group wasn't responsible for either the slaying or the kidnappings.
Concerns about Iran, a major oil exporter, also continued to support prices. The country's President Mahmoud Ahmadinejad on Wednesday dismissed Western concerns over its nuclear program as "a big lie," even as other voices in the regime appeared to suggest that international cooperation was possible.
The comments came a day after key U.N. Security Council members agreed to present Tehran with a choice of incentives -- including energy security and civilian nuclear power -- or sanctions in deciding whether to suspend its uranium enrichment program. The move delays a U.S.-backed draft U.N. resolution that could lead to sanctions, or even possible military action, if Iran does not suspend enrichment.
The geopolitical worries overshadowed the weekly petroleum report from the United States on Wednesday, when the U.S. Energy Department said crude-oil inventories rose last week by 300,000 barrels to 347 million barrels, or roughly 5 percent above year-ago levels.
Gasoline inventories climbed by 2.4 million barrels to 205.1 million barrels, or almost 4 percent below last year. It was the second straight week in which gasoline stocks rose.
Traders also focused on a 15,000 barrels-per-day reduction in gasoline output over the next few days due to repairs at a Valero Energy Corp. refinery unit in Texas City, Texas.
"So we've had two weeks of stock builds in gasoline, but the market says: 'Big deal, the absolute level of gasoline stocks is still below year-ago levels, and we're two weeks away from the summer driving season,'" said Victor Shum, energy analyst at Purvin & Gertz.
Any hint of a disruption to refinery operations, with global demand strong and the supply cushion thin, can affect prices.
"The surplus production capacity within OPEC remains limited, giving rise to concerns that supply may have a difficult time catching up with demand -- that has always been the main issue behind the surge in oil prices," Shum said.
Associated Press Writer Gillian Wong contributed to this article from Singapore
That's pretty friggin' sad....Oil rises $1.00 because of some dumbazz gunmen kidnapping 2 oil workers? Are they the only 2 oil workers on this planet? Get real.
Posted by buckstalker on :
Careful who you call a desperate pumper...I have been here longer than you, and have NEVER pumped a stock...and by the way...I don't remember anyone calling you a basher/shorter. Relax...
quote:Originally posted by Repoman75: And I am still LONG the stock ... so before any of you desperate pumpers call me a basher/shorter, I am LONG.
Posted by buckstalker on :
Bear...that's amazing...the bid/ask is .135/.149 You are good...lol
quote:Originally posted by Bearclaw: I got in at .0015 this morning and just got out at .0018...green day...Good luck guys
Posted by Repoman75 on :
Wasn't talking to you buck... those people know who I am referencing...
Posted by money? on :
hello everyone. GREAT TIME TO BUY, THIS THING IS GOING TO HIT .3898776789TSPRSRSQ SO EVERYONE SHOULD BUY BUY BUY!!!!!!!!!! GET IN NOW OR IT WILL BE TO LATE. LISTEN TO REPO, HES IN AND "STAYING STRONG AND LONG" SO EVERYONE SHOULD GET IN NOW AND HOLD HOLD HOLD, THEN SELL AT $33.00. SO PUT YOUR BUY IN NOW AT $1.00 BEFORE YOU MISS OUT. DONT BE CHASING. hahaha hows my pumping going?
all im saying that this stock has a solid base at .12 and has great potential and is a solid company that is going to make alot of people money, and its in their best interest to get in around this time, because i from experience do not want to miss out on this run. but, everyone to their own
Posted by Bearclaw on :
hahahahaha was wanting to post on RMDG...Having a series of brain freezes Buck hahahaha
quote:Originally posted by buck*******: Careful who you call a desperate pumper...I have been here longer than you, and have NEVER pumped a stock...and by the way...I don't remember anyone calling you a basher/shorter. Relax...
quote:Originally posted by Repoman75: And I am still LONG the stock ... so before any of you desperate pumpers call me a basher/shorter, I am LONG.
Posted by RichBy26 on :
looks like were heading in the right direction finally!
Posted by djg7 on :
What's with the large spread today?
.135x.155
Posted by mos on :
People seem to be stocking up at these prices at least.
Posted by money? on :
umm am i reading this correctly? did it just drop like nothing?
Posted by Repoman75 on :
It's a bad trade and will be broken... but how does your portfolio look???? Nightmare right.
Posted by money? on :
WHAT THE **** WAS THAT? IS ANYONE ELSE SEEING WHAT I JUST SAW? I AM CONFUSED. HOW THE HELL CAN A STOCK FALL THAT QUICK?
Posted by money? on :
I almost pissed my pants for a second!! even though it is a bad trade, im still shaking a little. wish i could buy in right now
Posted by gnulnx on :
Well I guess I should try and jump in now!!
LOL. I bet people are a little scared. Of course just by looking at the bid and ask you can tell it is a mistake.
Posted by mos on :
Yea lol the portfolio is not looking good hope they fix up that bad trade soon.
Posted by Stock_Feign on :
ROFL! EVERYONE = PWNED!
Posted by gnulnx on :
Fixed.
Posted by Repoman75 on :
Somebody sell/buy 10 shares to get rid of it!
Posted by Stock_Feign on :
ok its fixed let me go change my boxers
Posted by Repoman75 on :
Let that be a lesson.. if you do not learn how to trade in the pinks, your portfolio WILL look like that someday.
Here endeth the lesson.
Posted by money? on :
wow, 1400% in just 3 minutes. see everyone what this stock can do!!!!!!!!!! hahaha. i like .15 much better. nerves are calming now. haha
Posted by Stock_Feign on :
quote:Originally posted by money?: wow, 1400% in just 3 minutes. see everyone what this stock can do!!!!!!!!!! hahaha. i would like <b>.25</b> much better. nerves are calming now. haha
Posted by money? on :
another lesson. If you do not get on soon and think you can flip this all day then you could miss an opportunity that might pass you up. ie. lets say this was really at .014 and then it went up to where it is now .15, then all those people who didnt get on would have missed out. so know when to get on in order to catch this. haha just looking at the other side, but yes i agree with repo in the know when you have had your fill
Posted by money? on :
another lesson. If you do not get on soon and think you can flip this all day then you could miss an opportunity that might pass you up. ie. lets say this was really at .014 and then it went up to where it is now .15, then all those people who didnt get on would have missed out. so know when to get on in order to catch this. haha just looking at the other side, but yes i agree with repo in the know when you have had your fill
and yes 25 would be great. then i could go out and buy a new car. then after i get putting it together, i could put it on my fireplace as a piece of art in hopes of one day having the real thing. hah
Posted by socal_helix on :
REPOMAN: Were you serious earlier when you asked if the stock was haulted? Or just bustin' some balls?
Posted by Repoman75 on :
Busting balls. Those punks on HSM need to loosen up... nothing but pumpers over there.
Posted by socal_helix on :
There seems to be a LOT of overzealous cheerleading going on these days. There's staying positive, but some people are just odd with their "resilience."
BTW.......haven't had a single email returned in days fron the CEO nor IR.
Posted by rocked on :
no offence, i've goten plenty of responses, they pick up the phone, you have 25 posts, you just joined, you have no rep, no offence but don't comment. Because I HAVE been getting info and the stock is going to be reviewed by the SEC..Transparency, you don't get that unless your ready to disclose all..
Posted by rocked on :
this has been a "f*cked" week for stocks..
Posted by juice on :
man your tellin me rocked, this week blows
Posted by rocked on :
yep, next week should rock and roll though..i've never had two consecutive bad weeks in a row..
Posted by socal_helix on :
ROCKED: Sir? Why would I take offense to not being part of an internet chat room as long as someone else? Secondly, why did MY post warrant what SEEMS to be a mildly subtle attack towards me?
Additionally, just because I haven't belonged to your almighty message board and haven't had the time in life to post 7,342 messages, doesn't mean I haven't been doing my OWN.........hear me? my OWN DD and not needing to rely on the correspondence of a few individuals on a message board. Call me "old school," but I have been trading long before message boards were the staple of most people's "DD."
I am glad you have gotten through to the company. Bravo. We thank you for sharing any information. I was merely stating that I, in particular, for some reason, haven't received an email back in a few days, whereas last week I received almost instantaneous responses. But it seems you mistook that as a bash, for some retarded reason. Figures. No wonder I rarely participate in the circus called message boards.
Posted by tonicma on :
OIL OIL OIL,
Get ready for the next wave up. Oil has officially established a new pychological base. $70.
By end of month watch gold high high $70 than go over $80.
LOADED UP ON 10 Subpenny Oil stocks that will run 10 to 20 bagger minimum.
I am not kidding.
Posted by rocked on :
Accidental attack, your bashing the damn stock, if you did any DD you'd see that the stock is legit, this is just not a good week.
I see this daily, if you dont make a gain, all of the sudden the stock is a bad play..give me a damn break..if you can't stomach having a stock go down, don't play pennies..
Spare me the speech.
Posted by rocked on :
Aww, did you buy in at 28 and forget to put a sell order in...and now your sitting at 14? Touchy arn't we, relax man, take a valium..
I'd watch how you speak to people like that, if you ever did that in real life we'd have a bit of a problem..You internet warrior you..
Posted by Teno on :
yeah that was pretty unnecessary.
Posted by Jlizard on :
calm down now, we'll all make money on this stock soon.
Posted by plni on :
Why dont you both chill out.this is a great board and it has made me plenty of money.Slow down before you respond and be a little respectful we are all here because we want to be.
a day is a week in penny land
Posted by letitrideboy on :
i think that calls for some shock treatment
Posted by rocked on :
lol, man oh man, alittle walk down the road certianly brings the crazys out..lol, should uptick, close at 16..again..lol
Posted by plni on :
Looks like another lasting friendship has been formed.
Posted by djg7 on :
Can't you feel the love!! LMAO
Posted by dkinvest on :
Posted by Repoman75 on :
Rocked is an HSM spy! Ban his azz!
Posted by rocked on :
lol not really...this thread is getting filled with useless banter, stop with this crap..
Posted by RichBy26 on :
man, the Pinks bring out the best in people...They love the huge % gains but fall apart when we dip. Buy low and sell high and you won't care what happens in between. Otherwise stay on the big boards and forget about the Pink and OTC stocks, GL...
Posted by letitrideboy on :
banter banter banter!!! *rolls over* pet me pet me!
Posted by money? on :
so, PGPM , hitting 16 for close today, then gapping a lil in the morning is my call
Posted by letitrideboy on :
money if you're right i will give you a cookie!
Posted by rocked on :
i said it first... it does the same $hit every day...it's liek clock work..until major pr comes out and raises the pps it's going to continue to do this..nice base though..it's down 12% and i lost 5 grand..so who cares this is a 3.00$ stock relax people..
Posted by money? on :
i mean come on now people, all we have at stake here is money? right? haha
Posted by money? on :
ohh i meant $16. not .16 haha and how do you do those smiley faces?
Posted by letitrideboy on :
yup and I just saw cwfg bid go to .0002 lol
Posted by RichBy26 on :
money? I play pinks with peanuts, doesn't everyone! lol
we will close at .14, gap will be small at best in the am
Posted by money? on :
looks like a good end of a day run. my guess is .0034 or .0035? what is everyones take?
Posted by money? on :
oops sorry PGPM'ers I clicked on the wrong board. i thought i was in IPRE, looks like its going to run to that number. but, yeah i play with monopoly money. peanuts were to expensive to buy haha
Posted by plni on :
I am the one who had the bad day.My wife went to work early,I had to to make my own coffee and tie my own shoes.she must think making money is more important.
justtrying tokeep my perspective
Posted by letitrideboy on :
money you just made me ****e myself
Posted by money? on :
haha, that was like me earlier when i saw this drop to .014. i literally almost ran to the toilet and puked. haha yeah i would have been in a rather bad mood for the rest of the day then wwould have thought. hey, its ok, ill just 20 more 100% winners in the next week and get my money back. you know as easy as that. i mean its only money?
Posted by rocked on :
i think i speak for us all when i say, well that sucked..gapper to 17 in the am..
Posted by js49886 on :
.135 close with a .15 ask, .13 bid B/A 100x1
Posted by RichBy26 on :
I was close with my .14 prediction! Have a great night everone...GL
Posted by Repoman75 on :
What happened to .20???
Death to pumpers.
Posted by mboukili on :
why is it showing an ask of .18, i think it s gonna gap up tomorrow, fppl too, the ask is at .017, what does this mean
Posted by daytrader1 on :
YESSS..this stocvk will be 20 by next yr , I've had my share of riding on this from 0.065-0.28, and now am just relaxing with minimal position * 0.09. so todays close wasnt all that bad and PR would boost the stock
Posted by netfreak on :
Does anyone know if there is going to be any other PR coming out any time soon????
Posted by spetznazsmg on :
LOL * money? I think we all have had those days
Posted by money? on :
goooooooooooo morning. lets see if this thing gaps this am.
Posted by letitrideboy on :
i pray
Posted by RichBy26 on :
can someone please post the B/A
Posted by buckstalker on :
.12 x 3
.135 x 1 .14 x 1 .16 x 1
Posted by RichBy26 on :
thanks buck
Posted by Repoman75 on :
It's Friday... no movement at all will happen.
Posted by money? on :
true, but im gong to laugh if the geo report comes out early monday. haha everyone will be so pissed they didnt get in. haha
Posted by RichBy26 on :
money? isn't the geo report on the AURC post???
Posted by Repoman75 on :
Money has lost his marbles... he's all mezzed up.
Posted by tmanfromtexas on :
Repo, are you still in this one? TMAN...
Posted by money? on :
****, i need to get my ass strait. sorry posted on the wrong board ; ) hahaha wow, second time already for me i did this. ooops,
Posted by Repoman75 on :
TMAN, yep. But if it doesn't move soon, I may bail for other opportunities.
Posted by mos on :
This hasn't been a good week. Had hoped to see the .17's/.18's this week but for now gonna hold onto PGPM and hope for better things in the upcoming weeks.
Posted by juice on :
looks like we need some news again!! something solid to put us back on the map in the .20's!!
Posted by netfreak on :
Does anyone know when another possible PR will be out for this company???
Posted by lostone on :
i wouldn't sell this today.. could be news on monday..
Posted by juice on :
no way not selling, way to much on the horizion. We will see much high prices this summer IMO, and a few good p/r's, and im sure they'll be pretty frequent as well with all they are accomplishing... looks like a good play to hold and accumulate..
Posted by letitrideboy on :
juice why the heck are we waiting on all the same darn stocks LOL
Posted by juice on :
hey letitride lol i feel ya! haha im red on all my holds. just gonna average down on the ones i feel confident about having done my own DD of course still trying to flip for cash to make up for that red though haha... man I can't wait until this week is over!! you still in wbrs? ive managed to cost avg to .06 this week. can't wait until PGPM gets the attention it deserves again! This is just like NDOL and I sold way to early on that one for sure, not going to miss out this time around, thats for sure! GOod luck!
Posted by buckstalker on :
Pilgrim Petroleum Announces Strategic Alliance & Exclusive Interview at Wall Street Reporter May 12, 2006 1:08:00 PM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--May 12, 2006--
Pilgrim Petroleum (Pink Sheets:PGPM) President and Chief Executive Officer Rafael Pinedo explained in an interview the financial and operational position of the Company as well as their 2006 Strategy Plan. The Interview was conducted by Wall Street Reporter and can be accessed under the following weblink: http://www.******************.com.
The Interview is listed as the 2nd link under OTCBB Today's Interview, on the right-hand of the programming guide.
In addition, Pilgrim Petroleum will be signing a strategic alliance with J.A.R Corp of San Antonio, Texas. J.A.R Corp is the provider of a state of the art recovery technology known as "magnetic-sub". Pilgrim Petroleum will speed the process to incorporate and develop more wells in a short period of time along with enhancing production on some of our existing wells.
Magnetic-sub will limit the cost of transportation, loss of production, manpower, safety, and liability issues in conjunction with environmental issues and potential reservoir damage.
About Pilgrim Petroleum Corporation.
Pilgrim Petroleum (Pink Sheets:PGPM) Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Eddie Monet 619-864-0166 www.apetroleum.com Posted by Jason0321 on :
ok what was that link to the interview?
Posted by buckstalker on :
wall street reporter
Posted by madmoney on :
surface interests primary on marginal fields.! WTF!! what about the 900 million barrels of reserves! again no mention of it! thats what made this thing run up so high! I am beginning to get the feeling we have been had!!. they REALY need to clarify that boast! otherwise this is done!!
Posted by letitrideboy on :
quote:Originally posted by juice: hey letitride lol i feel ya! haha im red on all my holds. just gonna average down on the ones i feel confident about having done my own DD of course still trying to flip for cash to make up for that red though haha... man I can't wait until this week is over!! you still in wbrs? ive managed to cost avg to .06 this week. can't wait until PGPM gets the attention it deserves again! This is just like NDOL and I sold way to early on that one for sure, not going to miss out this time around, thats for sure! GOod luck!
Yup juice still in WBRS!! Every hour that ticks by is a dagger in my heart over there lol. I don't have any free money right now to average down in anything. (only down in 2 stocks, the others are flat) I will be putting more money in my acount at the end of the month, if one of my stocks makes a nice run I will sell to free up some cash but nothing else i can do right now! That's the worst part about this, I don't mind waiting on a stock or two IF I am making a little somewhere else and selling and buying.. I need to be buying something otherwise I get NERVOUS LOL
Posted by js49886 on :
I just tried contacting them concerning the 900m (again), Im waiting to hear back from them .
It was mentioned before than figure may be a little optimistic, but the real numbers even being fraction of what they mentioned, will still drive this up bigtime from what it is now.
Posted by Hold-em-er-fold-em on :
A few nice buys coming in here late day!!
Posted by MikeC on :
quote:Originally posted by Dardadog: Hope everyone took advantage of low prices this week to accumulate here.
Ruff!!!!!
What do you think about them not addressing the 900 million barrels of reserves Dog? TIA
Posted by BuyTex on :
Mike, when did Dog post?
Posted by MoneyMoneyMoney on :
posted 11 May, 2006 09:37 pg 44 Tex. Few down from the top.
I kinda wondered myself about this one. Still curious though. So far I made some coin and now watching.
Posted by BuyTex on :
'ppreciate you, Mike
Posted by js49886 on :
Had PR last 2, lets see what happens Monday.
Posted by lostone on :
i think they'll address the 900mil barrels again once they have better evidence.. or else it's just pumping... i'm guessing that they're waiting for a more thorough analysis of some sort.. cuz when u think about it, for example, USXP, always mention they got hundreds of millions awarded to them and tens of millions from investors, but never shows up, and yet they mention that so often! if PGPM does that, then it would be no better than USXP.. IMHO
Posted by netfreak on :
quote:Originally posted by juice: no way not selling, way to much on the horizion. We will see much high prices this summer IMO, and a few good p/r's, and im sure they'll be pretty frequent as well with all they are accomplishing... looks like a good play to hold and accumulate..
What is on the horizon????
Posted by invester on :
quote:Originally posted by lostone: i think they'll address the 900mil barrels again once they have better evidence.. or else it's just pumping... i'm guessing that they're waiting for a more thorough analysis of some sort.. cuz when u think about it, for example, USXP, always mention they got hundreds of millions awarded to them and tens of millions from investors, but never shows up, and yet they mention that so often! if PGPM does that, then it would be no better than USXP.. IMHO
I talked to Eddie again on Friday. He said they didn't feel a need to address it, they already did so. They will clarify more with the next Financials. Also, this guy was talking about them gearing up to be the next big oil player. He noted Unocal, and Shell oil as examples. I can see where it could happen note Frontier oil. This is a very good opportunity to get in on the ground floor of something huge. I read people well, and based on the conversations I have had with management, I feel these guys have one of the best shots out there. Posted by tmanfromtexas on :
Hey Invester, maybe when I get back to THE GREAT STATE OF TEXAS, we can make a daytrip up there and meet these folks and see what they really have up their sleeve. Just a thought. btw have you seen the banter on the ndol board? down to .76 cents. that is plum ugly. if the 8k clears up some of this mass confusion I may have to get back in. See ya, TMAN...
Posted by invester on :
I have to say, I think I am finished with NDOL. I sold at 1.19, 1.30's, and 1.49. There is just to much potential in WWEN/AURC/PGPM. I am also taking some options in Pacific Ethanol. It will retreat a little from here. I think mid 30's. But as far as nord, I'm finished. I am actually going up to Dallas with some banker friends at the end of May. We were thinking of stopping by Irving to speak with Eddie, or the CEO. Gotta love Texas Tman. Have a good one.
Posted by MoneyMoneyMoney on :
Honestly I don't see why there can't be oil in Texas as they are now wanting to lease my land in west Louisiana for drilling. Wouldn't that be something if they did hit some black gold. Mineral rights are mine!!!
I will jump back in for a few thousand shares later after a pullback of some sort. IMO
Read a couple times about this possibly being the next NDOL...you guys think?
Posted by Repoman75 on :
No. NDOl was a once in a lifetime opportunity.. or at least, once a year.
Posted by money? on :
so what does everyone think this will hit today? i think its going to gap a lil this am
Posted by money? on :
reading .14 ; )
Posted by money? on :
so is everyone else off playing other stocks to gain more money to throw into this?
Posted by RichBy26 on :
yeah money? I pulled out for the time being...I'll be back, but no sense in letting my money sit:)
Posted by rocked on :
I've got over 125,000 shares and i just added 10,000 today..
Posted by rocked on :
cmon people, buy buy buy!!!
Posted by redmax on :
I just riding free shares for this one now. Ther are a few things I don't like about their Prs. Seem a little pumpy to me.
Posted by rocked on :
the stock is legit...of course they're pumpy, they want to bring enthusiasm to the stock..
Posted by rocked on :
possible PR tomorrow..
Posted by js49886 on :
What makes you say that?
I Cant get my orders filled for .115 or .12? dang
Posted by Double Diamond on :
rocked,
where did you get the info ?
Posted by rocked on :
Mr Monet.. ...and of course you cant, that thing has a brick ****house holding it up at 12 lol
Posted by money? on :
possible PR tomorrow? where did you hear this from?
Posted by rocked on :
i heard it on a board, and called..confirmed it i do my own DD..i wonder who the heck keeps killing my rating, its really annoying me, ive never posted back picks or anything else
Posted by js49886 on :
anyone have L2s?
Posted by rocked on :
i do, i wants to go...it wont go south of 11.5 so if your going to get in, get in now..
Posted by js49886 on :
i been trying to pick it low for a while now.
LOL, who bought 300 *.115 & .12 ?
Posted by mos on :
i've been in for awhile...holding...waiting for news.
Posted by js49886 on :
^same. Although I wanted to pick up a little more while its cheap!
Posted by js49886 on :
I see 2 orders executed for 100k, 5 minutes apart
Posted by rocked on :
1 was mine Posted by tmanfromtexas on :
Hey rocked, at least your not a 1 star guru. lol. I thought I was somebody when I had one until I heard that was a s h i t rating. lol. I need pgpm, ercf and sttc to close green and I will be very happy. TMAN...
Posted by rocked on :
lol, im heavy in efcr...pgpm and a bunch of others, everything's red for me, but i ended up buying another 100k of pgpm today..so im ready for this.
Posted by Apollyon on :
quote:Originally posted by rocked: i heard it on a board, and called..confirmed it i do my own DD..i wonder who the heck keeps killing my rating, its really annoying me, ive never posted back picks or anything else
any details?
Posted by rocked on :
supposed to be very 'exciting'
Posted by Apollyon on :
the first major PR these guys put out had solid figures, if it's anything close, we're in business for a great day
Posted by rocked on :
i have a feeling it's going to take off like a rocket, like the rest of the market tomorrow..
Posted by SanDiego_Joe on :
Called and confirmed as well...PR this week, MAYBE as early as tomorrow. However, when I asked what it MAY pertain too, I was told can't be discussed but should be "very good."
I hope it comes out tomorrow, personally.
Posted by Apollyon on :
quote:Originally posted by SanDiego_Joe: Called and confirmed as well...PR this week, MAYBE as early as tomorrow. However, when I asked what it MAY pertain too, I was told can't be discussed but should be "very good."
I hope it comes out tomorrow, personally.
Thanks Joe!
Posted by js49886 on :
heh, sounds good. Unfortunately I never have luck. I couldnt even pickup a mezely 2k shares, i had the order in for over 2 hours, hit that price several times. ARG
Posted by netfreak on :
Hopefully, this will stimulate buying pressure which will cause it to shoot up like a rocket this week...
Posted by SanDiego_Joe on :
Buy at the ASK. May spend a few extra coins, but helps the overall cause. Good luck. I have an email with numerous in depth questions to Mr. Pinedo, IF I get a response, and he ok's it, I'll post the reply here.
I have the feeling we may get "pops" in pps here and there due to various PR's, but the next "big" run might not be until Q2 results where it was said data to back of the May 1st PR will be released. If I recall this incorrectly please correct me.
Posted by js49886 on :
The i had it on the bid, still no go.. oh well, always another day.
Posted by tmanfromtexas on :
I am almost ready to buy some more at these levels. Anyone else? TMAN...
Posted by Hold-em-er-fold-em on :
They are stacked up at .10
They have been playing this all morning!
Posted by netfreak on :
Damn I envy the guys getting in at this price.. once we have liftoff with good PR we could probably see .17 - .20 I wish I had more money avaialbe to purchase at least 100k shares
Posted by buckstalker on :
Pilgrim Petroleum Announces Corporate Update to Shareholders May 16, 2006 12:15:00 PM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--May 16, 2006--
Pilgrim Petroleum has been receiving several calls and emails from shareholders that are inquiring as to the press release on May 1, 2006, related to our Potential of Recoverable Oil. Management would like to report: we hired a third party "Valuation Engineer Report." We feel this is a very important necessary step in the company affairs and our redevelopment in North West Texas. This will define a more sustainable valuation of our company. Pilgrim Petroleum is actively pursuing additional Barnett Shale drilling and reworking opportunities. It is anticipated that expanded and/or new joint ventures will be implemented over the next few months. This emphasis will contribute to the near-term goal to achieve production and more proven reserves. In addition, this strategy will complement the medium-term drilling plans on the land base currently held. Select Canadian Quebec shale gas projects are also under technical analysis and review. Knowledge and expertise held by Pilgrim Petroleum and its joint venture partners will be contributing factors in capturing emerging unconventional Canadian opportunities.
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Each acquisition builds our natural energy reserve base for our shareholders. We will continue to acquire properties and bring our wells on line throughout 2006 in order to increase our residual revenue with no geopolitical risks."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Irving Eddie Monet 619-864-0166 www.apetroleum.com Posted by Double Diamond on :
This one is vague ! Don't like it.
Posted by Double Diamond on :
We need a ..............
BOMB PR !
Posted by Hold-em-er-fold-em on :
We need news that they have become fully reporting! And some financials!
Posted by Stockstar69 on :
PR just released defining future reserves. Looks good for an uptick once the news is digested.
Posted by dkinvest on :
YUM, YUM...Fluff tastes good!!
Posted by Hold-em-er-fold-em on :
Jeez these companys should learn how to put out a real PR
Posted by Repoman75 on :
If it hits .12, I'm out. Thanx for the run and the memories.
This pig is done.
Posted by js49886 on :
we knew this would take a little bit? y, just curious
Posted by SanDiego_Joe on :
Mr. Pinedo,
Nice PR this morning, however, quite vague. Can you name the company you have hired to complete this evaluation, as well as the expected time of completion???? If you indeed did hire this company than SURELY they absolutely must have provided you with an estimated time of completion for this evaluation. Although it may only be there estimation, it would provide shareholders with a general time course. It’s the vagueness in pink sheet stock press releases that kills them.
I would sincerely hope you could provide us loyal shareholders with the name of the company and their estimated time of evaluation completion. I really hope you choose to provide this information. Thank you very very kindly for your time.
________________________________________ From: rpinedo*bpetroleum.com [mailto:rpinedo*bpetroleum.com] Sent: Tuesday, May 16, 2006 7:27 AM To: Musmacker, Joseph Subject: Re: Clarification STILL needed
Joseph We just hire a reputable Valuation Engineering Company to provide this and all the numbers related to what it takes, How much, time, etc. This will be done very soon, and publish in our website. We do our best to bring value to all shareholders. Regards Rafael Pinedo ----- Original Message ----- From: "XXXXX" To: rpinedo*bpetroleum.com Subject: Clarification STILL needed Date: Fri, 12 May 2006 10:58:43 -0700 Mr. Pinedo,
Excellent PR today. However, I see there’s still only discussion of surface interests primary on marginal fields and STILL no mention or clarification of the “900 million barrel reserve” data. This claim is what brought such intense interest to PGPM on May 1st, 2006, yet there has been no mention or attempt to clarify or justify this press release.
The question is as simple as it gets: when will there be concrete data released to your investors to prove the claims made in the May 1st press release? There must be data in existence to have enabled you to claim this in the PR. The longer this is avoided and the more emails that are ignored, the more skeptical the investors become.
MANY investors just wonder why this data is never released. Data MUST exist to enable you to claim a future pps of $33/share, based on 900 million barrels in reserve and $60/barrel. Now I know my email will probably be ignored like the last few, but maybe you will resume your once fluid lines of communication?
Thank you for your time.
Posted by SanDiego_Joe on :
I'll post the response to the last question(s) to Mr. Pinedo IF I get one.
Posted by Norene on :
This company is not good with pr and info, but they are hiring an independant company to evaluate per barrel production. My roommate was in Texas a few weeks ago and tells me Texans have every rig available pumping. I am only holding free shares now but may buy more. Common sense tells me that you don't spend that much money to prove you are right if you know you are wrong.
Posted by js49886 on :
^ good point.
Posted by SanDiego_Joe on :
Spend what money to prove themselves right? I'm jaded with pinks, very reserved. I asked Mr. Pinedo to identify who they hired, to see if they are reputable........as well as provide us with a time frame in which they think this should be completed. The company they hired HAD to have provided them with a time that they feel they can complete this evaluation for PGPM.
For all we know he hired his cousin to do this. Not bashing! Just saying an example, and that we need more info. It IS a pink, regardless, so the vagueness can be the death of it.
Posted by lostone on :
i thought it was good news, but the price does not reflect it.. as long as they have an independent evaluator, i'm all for it.. wish i had extra cash to buy more at this price today..
Posted by js49886 on :
Ya know its gonna jump when the release more news about becoming a fully reporting company.
Posted by Teno on :
i hate this stock! for now I mean. not really. I bought in a while ago at .15 when I thought it was ready to move up steadily, but good news keeps coming out and the pps drops! I don't understand it, really. Still have faith in it though because it sounds like a solid solid company.
Posted by js49886 on :
Saw a buy for 224.3k * .101 something is going on
Posted by Double Diamond on :
This was one bad day and I'm totally not impressed by this PR.
Posted by SanDiego_Joe on :
KIND of bad info in IHUB. Caller said Ed Monet said HE see's the pps up to .25 by end of year, and HE expects the pps to drop down to sub dime amount before things get better .
Posted by dkinvest on :
What happened to 33.15 PPS?
Posted by Repoman75 on :
Exactly DK, exactly.
PGPM = POS!
Screw Ed.
Posted by js49886 on :
Posted by iamfine on :
this thing acts very strange. volume not big. PPS was down, even below 0.10 for a minute, although it was holding 0.10 in the end. the new PR was not good enough. It is "very vague" as others thought. I hate to see its fall. But if no further good info coming out, it will be possibly falling again, due to possible panic selling. More interesting, I put an order at 0.10. but it didnot get filled although I saw another order filled was at 0.095. very stange. probably somebody tried to manipulate the stock. or something else was going on as others said above
Posted by Newbie7 on :
Thanks, js49886. That was actually better info than the actual PR, IMHO. I'm still sitting at the sideline due to their latter (not very wise) PR's. The first PR was such a bomb created great expectation from this company. Whether their current pricing can hold itself will truly depends on their frankness, professionalism, and expertise in their field, and (at the very least) more wisdom in wording in their coming PR's.
Posted by iamfine on :
this company is attrative due to its potential. PPS might scare some guys away, especially because of uncertaint PR news and vague news. I like its no-debt condition. if tomorrow it hits down more, i am going to try to get more. on one hand, it could balance the buy price. on the other hand, it is good for later bounce up.
Posted by TruthLiesWithin on :
I see no problem with the PR...
Adding value,,,,,,using a third party to verify it just makes it sound better than coming from PGPM's mouth directly..
If the company is valued higher, it may allow them to leverage for things...
Posted by OILDOG on :
I posted this May 9 on the PGPM thread at Hot Stocks Free for All: Consider: 35 years in the 'patch, I've NEVER heard or read a petroleum engineer or geologist refer to reserves or pay in "acre/feet"! NEVER!!Do those yorkies in Irving think (like my old granny) that oil is found in a 12,000 acre lake underground,like a city water reservoir? And all ya hafta do is dip yer 'hose' in it and suk it out! lmao.Doesnt work that way, not even offshore. Rock has VOLUME. Even at 20% porosity (very high), that means 80% of their 500' thick 12,000 acre reservoir is NOT oil.Cuts their 'acre/feet' by 80%. Oil fields are not continuous, uninterupted pay. Go to their website(VERY professional by the way) READ the National Assessment of Oil & Gas Fact Sheet they have there. They estimate 98.5 million barrels of oil for the 60 county study area (yes, SIXTY COUNTIES). And Pilgrim has 1 billion in their little leases in two counties that have been drilled,explored & produced for over 80 years!! lmao. And they are reworking old stripper wells!!!!roflmao. I dont believe it for a second. But, thats jmho.I emailed the acre/feet PR to some friends at Marathon & Chesapeake, mistake. I'll never hear the end of it now. They roared with laughter. sigh Seems 'oil' is the 'in' thing for pinks now, breathlessly announcing that they are changing their business model from widgets to OIL!!!! or GOLD!!!! And overnite at that. By the way,I thought the purpose of Allstocks was to post dd,help with dd and dis-cuss stocks. If you dont like what you read about 'your' stock, dont read it. As for this piece of crapioca pudding, its a POS scam in my opion. Daytrade only. NOT a long or for the inexperienced. It was flatline-dead-no heartbeat till the 'promotion'. I received e-mails about it several weeks ago. Doesnt mean you cant make money,just dont drag the noobs(like me) into it thinking its for real. It ain't
Awful lot of pump & dumps from Shakerzzz & MOMO being dredged up from the bottom of the cesspool and posted here by soop and others, and the newbs and suckers rush in to get a bite of the "nooget". PGPM has a VERY professional website. IF you would GO there and read, you would know why "Eddie" felt no need to elaborate on the 900,000,000 barrel PR. Why ol' Raf talks bs and nonsense. PR was,geeee,just a mistake,misinterpretation,ect,ect.,since the facts are on the corporate site. To repeat it would be FRAUD to the SEC & AG of Texas.As Purl posted on Hot Stocks Free for All, they have no money(few can give a stock an anal exam like Purl or Blue_in_Mich) A little kryptonite: Estimated Net Remaining Proved Undeveloped Reserves* American Petroleum Corporation As of January 1, 2005
Lease Oil Volumes (net bbls) Present Value ($disc *10%)**
City National Bank 018191 21,271 57,865
Climax C 017241 6,213 6,801
Cowan&McKinney 020057 43,036 120,906
Cowen 018323 32,240 10,222
Lilly Hooks 005716 152,925 440,485
Lochridge 005239 74,760 203,699
Morgan F D 013076 85,792 237,396
Meldon White 000697 159,955 349,693
TOTAL 576,192 1,427,067
* Estimation performed by Gleason Engineering ** Estimation based on $40 p/barrel. Current total estimation at $60 pbbl is $2,140,600.50
Future reserve volume of each well is estimated after the deduction of production taxes, the normal direct costs of operating the wells, ad valorem taxes, recompletion costs, and development costs.
Notice the total is 576,192 barrels. A loooonnngg way from 900 MILLION!!!
More kryptonite: Also on their site is the USGS assessment of the Bend Arch/Wichita Falls province,60 COUNTIES, and they estimate 98.5 million barrels possible for the 60 COUNTY area. And PGPM has 12,000 acres in two counties???? I would have posted it but couldnt cut/paste..its pdf. Consider: a billion shares, they manage to dump half,500 mil at say .10 per share. $50 mil and ol' Raf didnt have to get a single fingernail dirty in the sweaty grimy ol' patch.Just sit at the kitchen table...er..corporate headquarters and get rich off suckaaaas.Hmmmmmm. Maybe Im in the wrong game! This is a VERY professional,carefully orchestrated (they cover their six on their website),well run scam in my opinion. As Ive said before, POS PR's are NOT dd, YOU didnt do any AT ALL,did you. Just believe the paid pumpers here and enjoy the "lube" job. By the way, Shakerzzzz & "Momo" are NOT daytraders. That requires skill, ability,and intelligence.The only way they make money on stocks is by p&d,the con,the scam. The fix has to be IN, the game rigged.BEWARE. Remember the Law of the PEZ:"Shareholder profits are shortterm loans" Murray Pezim
Posted by TruthLiesWithin on :
OILDOG, you should forward this to PGPM...
Personally it sounds interesting.
Posted by OILDOG on :
Notice the evaluation has ALREADY been done..Jan 2005, I pulled from their site soooo,why the bs about getting an evaluation done?
Posted by Ragedbull777 on :
The l2's look like crap this morning
Posted by Repoman75 on :
This whole POS is crap.
Posted by dkinvest on :
I think I'll re-buy this when it hits .01
Posted by Schwabie on :
Yep DK, Im with ya on this... I sold out already will buy in cheaper later...
Posted by elfstroman on :
This is a dog, IPRE to go to .01!
Posted by lostone on :
just bought more at .095 .. hope i didn't make a mistake..
Posted by lostone on :
wow.. even lower.. but a lot are mirror trades..
Posted by dkinvest on :
Posted by redmax on :
I wouldn't buy in until it levels off for a couple hours
There is not much supporting this stock right now.
Posted by lostone on :
damn... too late for me.. poured in for another 105k shares at .095 ouch!
Posted by Fuzzy1018 on :
what hppnd to this one, having been following it after i sold out? maybe a good entry point again? any thoughts thanks
Posted by dkinvest on :
Posted by lostone on :
looks like it's starting to level out at .07 .. good entry point
Posted by Repoman75 on :
DOWN GOES FRAZIER! DOWN GOES FRAZIER! DOWN GOES FRAZER!
Posted by iamfine on :
something must have stirred panic sell. it slided down so quickly. not sure whether to hold it or sell it to cut the loss. so bad.
Posted by lostone on :
i think it's just a scare to get cheap shares.. i think it will close around .10 again..
Posted by netfreak on :
Guys from listening to subpenny radio last night, they said this thing would probably drop to .065 pretty close...
Posted by lostone on :
did they say it's gonna bounce back today also?
Posted by js49886 on :
Looks like just a bunch of panic selling right now
Posted by buckstalker on :
Going back up...mm's have been manipulating the chit out of this...scalping all the way down.
Posted by lostone on :
i think those who want in should get it now.. huge buys at .07 .. added a bit more myself.. it's gonna bounce!
Posted by buckstalker on :
Yep...
Posted by lostone on :
we are seeing the 8's
Posted by js49886 on :
bouncing back, d***it I never get filled in time!
Posted by Teno on :
PGPM needs to make up its mind! And by that I mean go up.
Posted by lostone on :
well, at least it's above .07 ... just need a spark
Posted by buckstalker on :
MM's are only filling orders at the ask when someone else puts in a sell between the bid & ask...scalping the he77 out of it, but NOT selling their own inventory...
Posted by daytrader1 on :
if subpennyradio was what has caused my shares to dump, then the guy needs to get some REAL job. that piece of whatever you call him is a pumpanddumpster who keeps pumping his holds and dumps any in which he or his "followers" do not have a position. he sure does have lot of followers though in lot of boards, but he better not mess with my holdings unless he wants another alex. whatever he says, this stock has ran because it is good stock to hold onto, and market will reveal the truth, not the subpenny radio guy. GLTA in this and , I have done my DD on this and the assets that CEO claims are not some junk, but can be easily verified.
Posted by netfreak on :
Day first of all chill dude... Simon does not give buy or sell advice but just analyzes the stock to see what it will do the next day... DD is key in this pennyland market but a little advice from someone of Simon's caliber does not hurt either. I sold this stock on his interpretation of what it was going to do today at .11 if I had not gotten out I would have gotten stuck holding the bag.... Simon is not a pumper and dumper so just back off dude...
Posted by Repoman75 on :
Netfreak = Simon
Posted by buckstalker on :
Was thinking the same...
Posted by Schwabie on :
I like Simon's Show but I got out this morning due to the fact that this stock kept dropping lower and lower day by day. I did not know Simon said it would drop. Guys alwys do your DD before buying and selling... it doesnt always save you but information helps you ALOT !
Posted by daytrader1 on :
what about SFDE net? are you still in it? how has his "advice" worked for you? not just oen but many.. anyways, i dont want to get into technicals. he analyzes charts, I am sure if you get little of your fundamentals on charts, you can do as good as him or even better. now, ask anyone and they would say his statements are not purely based on charts. he despises stock that he doesnt hold IMO. ask him about NDOL and he would give you what he thinks. w/e, maybe you can tell me why you got into this stock and weather you have done your DD on it, and then analyse charts based on run. anyone who has been playing this would tell you that this stock has bounced nicely from 0.12, in recent times after the huge run. I am sure many have taken losses and got rid of this thing, and thats why this has tanked. now if you have taken losses and sold this thing purely based on his recommendation, thats what I feel sorry for. I am not really worried because I have made more than 400% profit on this stock, the only thing that bothers me that just based on soembodys recommendations, people without trusting their own DD's and without using their technical knowledge, are dumping and taking losses. GLTY on this.
Posted by js49886 on :
bouncing back, I see some sales at $0.09, Like I said before, seems like alot of panic selling going on. Guess some arnt used to pennies. Im still in, whether its good or bad I'll find out. You know this will jump with info about SEC filings or oil. I emailed Pinedo looking for more info about this 3rd party doing the reserve report, when they expect it to be completed etc. And also their status with there sec filings from last Wed. Does everyone only go by what they see on these board? ahhh
Posted by lostone on :
sux how today created a lower support level.. but over all i think we should go upward.. could be inching our way til more PR..
Posted by js49886 on :
I Emailed them regaurding the reserve report( who is doing it, when its expected to be done, etc.) & the SEC files (about becoming a fully reporting company), looking as to when they plan on releaseing info about it. Here's what I got back.
"John
In a day or so we will have a press release about both subjects with all details. Best Regards
Rafael Pinedo"
Should clear things up, maybe send the pps up....
Posted by iamfine on :
cannot wait for another day. this thing really kicked me bad. down so much in two days. a lot of guys said its potential. right now, i am starting shaking down.
Posted by SanDiego_Joe on :
I confirmed with Mr. Monet as well. I.R. claims a PR within the next 1-3 days. We'll see.
Posted by adamgamz on :
This was posted over at market millionaires yesterday at 3:00PM Someone has a crystal ball!
When I call Eddie today this is what I got...
He said to expect the price to drop to .065/.06 a share before it goes back up, that his experts are telling him it will be down to .08. By the end of the year he said it should be at .25.
He said that there are some Chinese investors that are heavy in to this company, that is why their website is in Chinese as well. He didn't/wouldn't say much on the Canada prospects.
When I asked about the $33/share PR he said that if they were to be acquired that is what they think they are worth. "If all the Oil was pump out to day they would be worth $33+ per share."
Maybe you can ask question that I didn't ask and glean more info.
Posted by OILDOG on :
ANOTHER fact filled informative PR? lol
Posted by netfreak on :
quote:Originally posted by Repoman75: Netfreak = Simon
Thanks for the compliment Repoman75 no I am not Simon but rely on some of his knowledge coupled with my DD before making any but or sell decisions. Again remember Simon does not give buy or sell recommendations just insight. By the way listen to subpenny radio and you will notice that netfreak calls in (yours truly) to talk to Simon. Good magic tric Netfreak talking to Simon Posted by stuckholder on :
Pilgrim Petroleum Announces Contract with Basic Energy Services IRVING, Texas--(BUSINESS WIRE)--May 18, 2006--Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce an exclusive contract with Basic Energy Services (NYSE:BAS). Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.
Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.
Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "We are looking forward to working with Basic Services; they bring a solid reputation for quality service with good people and equipment."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production. Purchasing shares in Pilgrim Petroleum Corporation involves a speculative investment with substantial risks, and although the Company intends to use its best efforts to enhance the value of the Shares, there is no assurance that the Company's operations will be successful. Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Pilgrim Petroleum actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: the potential that no commercial quantities of oil are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing and risks inherent in Pilgrim Petroleum Corporation operations. These and other risks are described in Pilgrim Petroleum Form 15c211.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein
Posted by Repoman75 on :
Will the stock break .10 on this?
Posted by indef on :
maybe this one will help to break... *********************** bellwetherreport.com: The Bellwether Report Issues a Mid-Day Alert for GoldSpring, Inc via COMTEX
May 18, 2006
May 18, 2006 (M2 PRESSWIRE via COMTEX News Network) --
GoldSpring, Inc (OTCBB:GSPG), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
GoldSpring, Inc a North American precious metals mining company with an operating gold and silver mine in northern Nevada, this morning released results from the Plum Mine operation for the quarter ended March 31, 2006.
The Plum Mine realized a first time ever net profit of $52,030 for the first quarter 2006, compared to a loss of $817,630 for the first quarter 2005. The Company sold 992 ounces of gold at an average price of $542 per ounce during the first quarter of 2006, generating revenue of $537,806. During the same period in 2005, the Company sold 1,192 ounces of gold at an average price of $429 per ounce, generating revenue of $512,091. The Company's ability to achieve profit success is largely due to the efforts of its management to implement its operational improvement plan, as further detailed in this press release.
This first ever profit from first quarter 2006 gold production at the Plum Mine is especially significant as production was hampered by unusually heavy precipitation in northern Nevada from mid-December 2005 through February 2006.
Jim Golden, Goldspring's mining executive, said, "We are starting to experience the benefits of the operational improvement program that we initiated in 2005. Most recently, we have made the decision to take over our mining operations, which were previously performed by an outside contractor. We plan to have our mining operation in place by the end of May 2006. Based on our mine plan and internal calculations, we anticipate that taking over the mining operations will reduce our gold production costs by $40 per ounce, resulting in a production cost of less than $350 per ounce." Over the next two months, the Company will be ramping up gold production and expects monthly production to reach 1,200 ounces of gold by mid-summer 2006.
Jim Golden stated, "As a result of the ongoing development of the mine plan, the average grade of our ore has increased, further benefiting our results."
This morning this company announced that that Jim Golden, licensed mining engineer, has been appointed Chief Operating Officer. In November 2005, GoldSpring retained Mr. Golden to conduct a comprehensive review of all aspects of the Plum Mine operation, including the overall mine plan, with the objective of maximizing efficiency, increasing production, and reducing costs. Mr. Golden assembled a team of professional mining consultants, who are recognized experts in their respective disciplines, to assist in his review of the operation. The Company has been implementing the team's recommendations for the past few months and is starting to recognize the benefits of the operational improvements. Through the implementation of the team's recommendations, the Company recorded its first quarterly profit from operations in the first quarter of 2006.
GoldSpring's President and CEO, Rob Faber, said, "We are excited to have Jim Golden as an officer of our Company. Jim brings a wealth of industry experience and professionalism to GoldSpring, and we expect to reap many positive rewards from having him as a member of our team."
Following this announcement shares of GoldSpring traded up just over 1.0% on very strong volume as this company consistently trades well over 10 million shares a day. At $0.0137, this company is a great value when compared to its 52-week high of $0.1, which it traded at in July 2005. The company made operational improvements back in 2005, and are now seeing the benefits from that, this company has a lot of potential and I fell still has the opportunity to do great things. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like GoldSpring, Inc, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
The Bellwether Report will continue to research all of the markets to bring you exciting opportunities!! If you are interested in receiving more information on these small or large cap opportunities as well as other features of our site, feel free to sign up for a complimentary subscription to the #1 online investment tool www.bellwetherreport.com.
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Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Bellwether's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.
Bellwether will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
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Posted by Repoman75 on :
Wrong thread chief.
Posted by indef on :
oops, sorry
Posted by Jason0321 on :
no numbers on this PR. Wish they had numbers
Posted by Repoman75 on :
Good point Jason... more fluff from the Mexicans with a gas station.
Posted by Jason0321 on :
up 26% not bad.
Posted by Jason0321 on :
33% we may have a mover today.
Posted by Repoman75 on :
Careful!
Posted by Jason0321 on :
lot of volume here in the early morning. lot of buys. looks like some resistance at .01-011
Posted by lostone on :
nice to see it back to .10
Posted by sportsguy on :
And back down we go...
Posted by Dardadog on :
Personally I LOVE seein' these prices. This stock already did it's MONSTER run. Anyone expecting to see it attain that kind of profit in a day or two can forget it. The play on this will take another few weeks, but it can easily reach the 0.25 - 0.30 level if they post any findings with the survey group they have hired. At these prices that makes for an OUTSTANDING play here. Price stays down, I'll just keep buying. Anyone *****in' about this is just sour grapes. They got caught high and have probably sold rather than hold and took it in the azz here. Don't daytrade if you can't afford to hold one that reverses on you for awhile. From where I sit, this is a good play. It'll take a short bit of time, but in the end, it will pay TREMENDOUSLY. In the meantime, I'll continue to BUY BUY BUY with these prices............
RUFFRUFFRUFF!!!!!!!!!!!!!!!!!!!!
Posted by iamfine on :
it seems this thing really hurt the market feeling. not too many guys want to hold it even for one day, just toss the profit and leave right away. thought this nice PR could bring the PPS upper. But, it doesnot like so. Volume not too big. And the PPS dropped to 0.09. This is definitely a week that sucks.
Posted by Repoman75 on :
Hey, Dardadog is back... making a return appearance for this POS?
I'll buy when it hits .05.
Posted by Dardadog on :
The main sign that this has potential is the fact that NITE has been smothering it on the Bid/Ask all week. MM's don't do that unless there is potential for a play. NEVER.
RUFF!!!!!
Posted by buckstalker on :
Repo...you could of bought yesterday at .06 or .07 and sold today at .10 You are missing the boat here man... Dog is right about this one...what has kept me in this stock is the way the MM's are playing this...they are only filling buy orders on the ask when someone sells at the bid or between...they are not letting go of their inventory. That tells me that there is a play here...
Posted by Repoman75 on :
Buck... nobody got filled at .06, you know that... even .07 was close to impossible. So yes, I could have made 15% probably, you're right.. but I still think we'll see lower lows before it begins its ascent to Narnia.
Posted by rocked on :
here comes the pass on HOD..might run..
Posted by buckstalker on :
Wrong again Repo...I bought 35k yesterday at .065 and sold it today at .10 at the ask.
quote:Originally posted by Repoman75: Buck... nobody got filled at .06, you know that... even .07 was close to impossible. So yes, I could have made 15% probably, you're right.. but I still think we'll see lower lows before it begins its ascent to Narnia.
Posted by rocked on :
repo: your in this stock out of it in it out of it, all i hear is contradicitons from you, just pointing out..
Posted by Repoman75 on :
Of course rocked.. do you think I just hold a stock forever? In out in out.. like when I pumping a chick.. that's how you get to la la land.
"Never get emotional about stock."
Posted by rocked on :
**** I just buy big, sell high, works for me Posted by Dardadog on :
I was able to buy yesterday. I got 20,000 at 0.07 and another 20,000 at 0.075 . I was able to sell 20,000 at 0.10 this morning. Counting the freebies I held from the massive run at the first of the month, I am up over $11,000 and am currently holding 115,000 with an average pps of 0.0579. Bounce you rubber ball bounce..........
RUFFRUFFRUFF!!!!!!!!!!!!
Posted by NoWhen2HoldEm on :
quote:Originally posted by Repoman75: Hey, Dardadog is back... making a return appearance for this POS?
I'll buy when it hits .05.
Yeah, and you'll do whatever you can to help get it there.
A step below scum you are
Posted by SanDiego_Joe on :
Anyone have Ed Monet's email address? Can't find it for some reason, I deleted his last response from my email folder. Thanks.
FYI...I have an email in to Mr. Pinedo asking when there will be clarification as far as timelines for the move off the pinks and the outside evaluation. If I get a response I will post it if it is ok with Mr. Pinedo.
Their responses to emails have been getting fewer and fewer.
Posted by SanDiego_Joe on :
Joseph
Sorry for the delay in my replay, I have been on the field for the last two days. We will have a PR about the evaluation report as soon as is on my hands. Because is a very critical financial subject, I will wait until I have this report in my hands; as far is the company who is doing the report, is one of the top five reputable SEC approved petroleum engineer consulting company. In the mid time, we are working towards have the best record income-profit for this second quarter 06, Our management will meet this coming Monday to discuss some of you other questions. I will keep you inform. Thanks for your feedback as always
Regards
Rafael Pinedo
----- Original Message ----- From: "XXXXXX Joseph" To: rpinedo*bpetroleum.com Subject: OTCBB and Valuation Date: Thu, 18 May 2006 12:14:06 -0700
Mr. Pinedo,
It’s very encouraging to see the involvement of an outside evaluation of PGPM. Will you ever announce who is evaluating PGPM and, more importantly, when they proposed they will have completed the evaluation to be released to the shareholders and the market? A general timeframe?
Additionally, will there be clarification as to when PGPM is planning to make the move off of the pinksheets? A ballpark timeframe that PGPM is shooting for?
These are from two recent press releases but the information was incredibly vague and screams for clarification. Vague PR’s are what can kill pink sheet stocks sometimes as investor sentiment dwindles from lack of confidence due to the absence of information.
Your response and information would be hugely appreciated. THANK YOU!
Joseph
Posted by lostone on :
i like that email reply.. cool!
Posted by Double Diamond on :
He could do a spell check before answering
Posted by Sean on :
It sounds like a little kid wrote that.
Posted by Jlizard on :
English may not be his first language
Posted by netfreak on :
Yeah you think...
Posted by letitrideboy on :
me like petroleum
Posted by Repoman75 on :
Si senor.
Posted by madOIL on :
HMMMMM I WONDER ????
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--May 19, 2006-- Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce a contract with Gustavson Associates providing reserve evaluation estimates for Pilgrim Petroleum Corporation. Gustavson Associates has a 25-year track record of quality consulting to industry and governments worldwide. For more information, check www.gustavson.com. Gustavson will deliver an express opinion in the next few days about all our properties located in North Texas. This will define a more sustainable valuation of our company, an accurate target price for analysts and a very important step for our accounting audit required for our filing with SEC. It is anticipated that they will deliver the results of this opinion by the middle of next week.
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS NATURAL RESOURCES PROFESSIONAL SERVICES ACCOUNTING CONSULTING CONTRACT/AGREEMENT SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com Posted by Repoman75 on :
Now THIS should be interesting.... who wants to bet $33 is no longer the magic number?
Posted by sportsguy on :
No, it's going to be $53 HAHA
Posted by RCAnalyst2007 on :
Repoman,
What do you think about ECTA.. I always like your feedback.
Posted by Repoman75 on :
RCA - don't know much about it to be honest. Bottom bounce? Any news?
Posted by madOIL on :
I THINK THE MAGIC NUMBER IS GONNA BE MORE LIKE $3 ONCE pr IS RELEASED
Posted by RCAnalyst2007 on :
I know that ECTA's float is lowest I've seen..976,000 shares.. It was up 5600% last week.
Posted by Repoman75 on :
Yeah, but isn't back down to its starting point?
Posted by RCAnalyst2007 on :
I've bought PGPM at 0.07.. sold some at 0.11.. free money.... I'll put that free money to ECTA.. make more...lol
Posted by RCAnalyst2007 on :
quote:Originally posted by Repoman75: Yeah, but isn't back down to its starting point?
Yeah.. I think the second leg will be even bigger.
Posted by SanDiego_Joe on :
Next week could be VERY interesting! Either way, I have a feeling in my left nut that PGPM is grossly undervalued! They are moving rapidly, which HINTS at confidence in what they have and are doing.
Posted by RCAnalyst2007 on :
I agree.
Posted by rocked on :
agreed im outta this one, and kicking myself in the ass now..easy 20%
Posted by bigwormcb on :
Im from the town where all the wells are. I visit there very regularly, and all my friends dads are very heavy in oil, around town. Will be visting next week and asking around about the wells and the company.
Posted by Repoman75 on :
Keep us informed bigworm.
Rocked - you'll have time to get back in... right before the eval is done.
Posted by buckstalker on :
Thats funny...my right nut has been telling me the same thing...
quote:Originally posted by SanDiego_Joe: Next week could be VERY interesting! Either way, I have a feeling in my left nut that PGPM is grossly undervalued! They are moving rapidly, which HINTS at confidence in what they have and are doing.
Posted by SanDiego_Joe on :
COME ON give us 12!!!!!! My bag is getting heavy here.
Posted by rocked on :
i know im just waitin, itll be back down to 8...
Posted by SanDiego_Joe on :
seems like it will be down again.......this is like a plastic blow up doll with a pin hole in it's cornhole.........just can't stay inflated.
Posted by Repoman75 on :
Well said Joe.
Here is one more thing to chew on. The first run took the MM's by surprise. I haven't looked at any charts, but I will guess that before that run, this stock just sat around with low volume. That day, the MM's were caught off guard, with no shares in inveentory, and therefore, had to let it run to keep an orderly market.
Now that PGPM is in play, I guarantee they have loaded up, and will be able to start or stop any rally. Therefore, the real question is, even if the new eval is $100 / share, will the MM's let it run???
Posted by RCAnalyst2007 on :
I'm getting more in ECTA now..
Posted by buckstalker on :
Sure thet will let it run...like you said...mm's have loaded up here and they are NOT selling any of their inventory at these levels. So yes they will let it run...it's just a matter of when. I think sooner than later...
quote:Originally posted by Repoman75: Well said Joe.
Here is one more thing to chew on. The first run took the MM's by surprise. I haven't looked at any charts, but I will guess that before that run, this stock just sat around with low volume. That day, the MM's were caught off guard, with no shares in inveentory, and therefore, had to let it run to keep an orderly market.
Now that PGPM is in play, I guarantee they have loaded up, and will be able to start or stop any rally. Therefore, the real question is, even if the new eval is $100 / share, will the MM's let it run???
Posted by buckstalker on :
RCA...pump your POS on the POS thread
Posted by Jason0321 on :
Pilgrim Petroleum Announces a Contract with Gustavson Associates for Reserve Evaluation
IRVING, Texas, May 19, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce a contract with Gustavson Associates providing reserve evaluation estimates for Pilgrim Petroleum Corporation. Gustavson Associates has a 25-year track record of quality consulting to industry and governments worldwide. For more information, check www.gustavson.com. Gustavson will deliver an express opinion in the next few days about all our properties located in North Texas. This will define a more sustainable valuation of our company, an accurate target price for analysts and a very important step for our accounting audit required for our filing with SEC. It is anticipated that they will deliver the results of this opinion by the middle of next week. About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
CONTACT: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com
Copyright Business Wire 2006
-0-
KEYWORD: United States North America Texas INDUSTRY KEYWORD: Energy Oil/Gas Other Energy Natural Resources Other Natural Resources Professional Services Accounting Consulting SUBJECT CODE: Contract/Agreement
Posted by Jason0321 on :
the link doesnt work but you can get the website if you google the compnay name
Posted by Jason0321 on :
guess this isnt that interesting.....no posters....well at least we will here something by the end of next week.
Posted by SanDiego_Joe on :
it is interesting....but something that has been discussed to death already this morning when it first came out. Thanks for the re-post! Some peopel get here late and it's good to keep everyone up to date.
Posted by Jason0321 on :
sorry, i thought i had some new intel to pass. my bad
Posted by SanDiego_Joe on :
not bad. good. Good to keep the good info circulating. GLTY
Posted by lostone on :
can't wait til next week!
Posted by laintbad on :
New to this one. Does anyone think Gustavson will confirm the 900 million reserve estimate the company came up with? I just want to do some scenario analysis?
1. What do you think would happen the price of the stock if they confirm the 900 million reseve?
2. What will happen to the price if they come up with 500 million reserve?
3. Finally, the worst case scenario, what will happen if they come up with less than 1M reserve?
Thanks.
Posted by Double Diamond on :
If :
1. PPS will go up drastically
2. Will still rise
3. We go ... down.
Posted by TruthLiesWithin on :
Where's OILDOG?
He seems to know something about the oil reserve reporting procedure...
Personally if this firm is legitimate and they clarify things in more reputable terms, this could play out rather well.....
Did a nice turn around, and it makes me wonder if some were scared out,,,,,,,,,,,
Posted by JOELGA on :
We are gapping up today
Posted by ArmySGT on :
what does gapping mean? explain that one for me real quick
PGPM +10.00%
Posted by Sigma on :
"Gapping" means the stock is opening at a different level than it closed at the day before, either up or down depending on whether there's a lot of buyers that really want in or a lot of sellers that really want out.
Posted by lostone on :
what a boring open.. not just this, everything else pretty much.. geez.. is everyone still asleep?
Posted by ArmySGT on :
ok thanks Posted by iamfine on :
i guess a lot of guys are still curious of the possible PR news about the reserve evaluation. the impact is of uncertain since no one really knows whether the evaluation really will confirm the reserve as much as that release last month. if so, the PPS will be huge. otherwise, things would be more interesting.
Posted by iamfine on :
just noticed something from my Ameritrade account. Bid is 0.0085, ask 0.01. so strange. B/A size 10000*100. looks like somebody is playing around.
Posted by lostone on :
ameriturd does that a lot with pennies, sometimes the reverse in price..
Posted by Dardadog on :
I love to see NITE still standing on this.....gives me faith that everyone (including the MM's) is anxiously awaiting the survey findings on this. I've got my holdings up to where I want them.....150,000 shares at 0.0678 PPS average. After making close to $11K on the first run at the beginning of the month, I've positioned myself for a free ride when the oil hits the fan..................
Ruff!!!!!!!!!
Posted by iamfine on :
anyone knows when the evaluation will be out?
Posted by SanDiego_Joe on :
It was said, in the LAST PR, that valuation should be out by mid-week.
Posted by lostone on :
i think ppl are going to assume that PR will be released weds. and that it would be good news.. so the price should expect to go up tomorrow in anticipation of the PR weds.. There's no point of hiring expensive outsider to tell you what you've got unless you know you got something major.. this week should be nice.. even though everything else is bleeding..
Posted by SanDiego_Joe on :
They hire an expensive, reputable outside firm to validate what they MUST already know. They wouldn't spend the time nor the cash to do so unless they felt very confident it would yield a positive outcome. No ifs, ands, or buts about this.
Posted by lostone on :
dang, if this runs to a buck.. that would be a nice summer for a lot of us.. I remember wishing like this with a lot of these pennies, but with PGPM I feel that it's more possible than any of the pennies i've invested thus far...
Posted by iamfine on :
the question is, can the news be out on Wednesday? or is it really as we expecte all along? If the news on Wednesday trigger a big jump, I will take whatever the profit is and jump into WWEN.
Posted by lostone on :
just got up from a nap and dreamt about a buyout.. man, this is really going to my head..
Posted by lostone on :
wow, that huge buy EOD 500k shares..
Posted by buckstalker on :
That buyer isn't screwin around...big money doesn't buy into these stocks unless they are in the loop...someone knows something
that's a good signal, PR could be out sooner than we think
Posted by js49886 on :
Ask is at .14 after close, bid * .075.
Posted by Hold-em-er-fold-em on :
Ya, That 500K transaction at the EOD was def a buy and not a MM adjustment. You dont dump 47k into a penny stock unless you see something on the horizon! I have to believe news is around the corner here.
Posted by money? on :
hows everyone doing here, i have not been around in a while but i thought i would check in and see everyones feelings toward this expected pr? do you think if they say 25 million will this go up and what are peoples predictions that this will hit before or after pr?
Posted by iamfine on :
if there is a big gap between the evaluation result and the 9million reserve, then things could be worse. but as somebody said, it didnot make any sense for the company to evaluate the reserve if they are not confident. as long as the PPS is up, it is a win-win case. otherwise, always trouble. words said the PR would be out very soon. I personally wanted it true since I am in a whole of red. let us hope that.
Posted by ArmySGT on :
yeah i sure as hell hope it comes out today!
Posted by lostone on :
got to .11 again, thought we gonna start moving...
Posted by lostone on :
wow, more large buys!!
Posted by lostone on :
we are starting to see more activities.. i think it's begun.. reached .12
Posted by lostone on :
it's taking off.. i just hope it's not a group play taking advantage of our situation for a quick profit..
Posted by lostone on :
nice! 100k shares buy at .12
Posted by lostone on :
stupid MM brought the price down to .11 with 100 shares of mirror trade.. what a bunch of asses.. it pisses me off to see a large buy that brings it up and then seeing MM bringing it down with a tiny mirror trade..
Posted by Hold-em-er-fold-em on :
big buys coming in wow!
Posted by Repoman75 on :
It's all for tomorrow, D-day. Make it or break it, assuming the PR is tomorrow.
Posted by iamfine on :
just saw the PPS going up to 0.12. what is happening over there? is there any big news coming out today?
Posted by ArmySGT on :
must know something we dont
Posted by lostone on :
i'm trying to buy more at .11 .. not going thru
Posted by ArmySGT on :
dropping again, guess the big fish got what they want, left us the rest, im in either way Posted by lostone on :
it's not dropping much, still at .11
Posted by lostone on :
anyone got L2??
Posted by lostone on :
o well, filled .115
Posted by lostone on :
dumping my tcll and wgfl for 4k loss and getting more PGPM again, hopefully i can gain it back tomorrow..
Posted by SanDiego_Joe on :
Joseph
This week without delay, you will be please with the results
Regards
Rafael Pinedo
----- Original Message ----- From: "Musmacker, Joseph" To: rpinedo*bpetroleum.com Subject: Gustavson Evaluation Date: Tue, 23 May 2006 09:54:19 -0700
Mr. Pinedo,
Good morning. Is the evaluation of PGPM by Gustavson still scheduled to be released mid-week, this week?
Thank you kindly.
Joseph Musmacker Research Associate II
Posted by iamfine on :
Looks like tomorrow will be the PR day. cannot wait to see what is happening. Nice job.
Posted by lostone on :
this is weird, when i picked up 90k more shares today at .115, i immediately saw a mirror of it at .11, and i just picked up another 26k more shares at .115 and saw another mirror of it at .11, wtf are MM's doing?
Posted by lostone on :
all my eggs are in one basket now.. good luck to us tomorrow!!
Posted by ArmySGT on :
nice to see those news sandiego, selling off everything i have to get more of this, i just hope i dont set myself up
Posted by SanDiego_Joe on :
Glad I can help. Now give me some stars. LOL This is like the 6th piece of DD I have contributed. I want stars dam it. LOL (kidding)
Posted by iamfine on :
just put a buy order at 0.105. not sure whether it is going through. seems like it is bouncing up and down around 0.11 level.
Posted by js49886 on :
Dont count on it. I've had a buy order at .1051 since 12:30pm est
Posted by lostone on :
looks like u gotta buy at the ask..
Posted by Hold-em-er-fold-em on :
Its looking good!
2 x 3 .11 x .12
Posted by Repoman75 on :
Even if they say the stock is worth $100 pps, will the MM's let it run? Remember, the first time, they were taken by surprise, holding no shares. They HAD to let it run.
Now? They can unload all those shares they accumulated over the last month at .15, .16, .17 and then drop it right back down.
Hope the MM's feel like Santa Claus tomorrow.
Posted by lostone on :
well, the float is pretty low, so it's after the MM's sell theirs, it's gonna be supply and demand.. i doubt that the MM's got that many shares..
Posted by lostone on :
o yea, it is strongly suggested to get in now or chase it tomorrow.. i hope we close above .12, that would be a very good sign!
Posted by buckstalker on :
Repo...you have got to be the most negative bagholder that I have ever come across on this board...chill out man and enjoy life a little!!
Posted by Repoman75 on :
Buck, I'm just pointing out the obvious for the newbs out there who expect Superman-like runs everytime news hits their stock.
Posted by buckstalker on :
Yea I know...but damn you seem overly negative lately...the stock is gonna do what it's gonna do...all you can do is play it and have some fun with it.
Posted by Hold-em-er-fold-em on :
Agreed!
Posted by Repoman75 on :
Ok, welp, let's see what happens when the PR comes out.
Posted by iamfine on :
has been putting the buy order at 0.11 since noon. still not filled in. looks like a lot of hold here waiting for the big news tomorrow. gotta get in today before the bell. it is like a gamble!
Posted by buckstalker on :
That's my point...not one of us here can predict with any certainty what is going to happen...but neither pumping or bashing is going to change things one way or the other...
Posted by js49886 on :
and a strong close at .12
My secret wish not to get filled b4 the bell has been granted! now I can chase this tomorrow morning (not)
Posted by iamfine on :
that will depend when the news out. if the news out before the market opens, it is a lot risky to chase the stocks. well, good luck to everyone who is waiting for the amazing PR news tomorrow. Must something very excited triggering today's up.
Posted by gfinney on :
I'm in * $.12 looking for a good day tomorrow. Lets hope for the best!
Posted by ArmySGT on :
well i am on the bandwagon, high hopes for tomorrow between UVCL and PGPM!!!
Posted by Jason0321 on :
ALRIGHT.....MAMMA NEEDS A NEW DRESS!!!!!
I feel like I'm gambling with this stock....PUT IT ALL ON RED AND LET IT RIDE!!!!!!
LOL
Posted by gfinney on :
I like this post, it's from another board.. It won't matter if the evaluation comes in less than the 900 million estimated barrels in reserve. The significance of the next Pr is it's an external, 2nd party valuation completed by an extremely reputable firm. It adds INSTANT credibility, as opposed to the company itself claiming X..Y..Z.. numbers. It adds an INSTANT benchmark with which the "market" can utilize to formualte a realistic value and pps on PGPM. Up until THIS current point, it has been the company's word. And although the word of the company may be gold for all anyone knows.....as far as markets go........especially pinksheets......outside, credible verification of any company goes a LONG LONG way.
it's my personal opinion that PGPM knows dam well what they have, and quite possibly, undershot it's original estimation of 900 million barrels in their May 1st PR just so they can beat street estimates when the time came. One never knows. I just can NOT see PGPM taking a chance, paying for an evaluation and not knowing full well what they have already......this evaluation is more likely to be a formal iceing on the cake.....something to be used as meat for the market to chew on.
Posted by ArmySGT on :
yeah thats true, too bad im a newbie and dont have big $$$ to dump into this but willing to risk what i am working with to try this to start off with, just like the lottery "Gotta be in it to win it"
Posted by SanDiego_Joe on :
That was my post from www.**************.com. Glad you liked it. I think it holds some validity, albeit purely my opinion and nothing more.
Posted by ArmySGT on :
hey sandiego, i did give you a star for your post! lol just FYI!!! how the hell do i get some stars? and anyone know anything about this site http://www.**********/ PM me and let me know what you think
Posted by ArmySGT on :
nice www. buyins .net/ without the spaces
Posted by SanDiego_Joe on :
It's VERY safe to assume NDOL underwent a valuation prior to being a buyout candidate to assist them in evaluating offers and to present acquierers with a background with which to base their offers on.
Now...NDOL has SIGNIFICANTLY less reserve than PGPM...IF...IF the valuation comes in even at HALF of what PGPM claimed on May 1st. And NDOL shot way up past $1.00.
Posted by ArmySGT on :
that is definitely sweet news to read about!!! You are making me want to dump UVCL Completely and put it all here hahahaha, what is a newbie to do?
Posted by iamfine on :
well, i have to wait for tomorrow morning to determine whether or not the chase it. hope i still have time to get in tomorrow morning with my settled fund
Posted by lostone on :
if the valuation is favorable for us.. i wonder if PGPM would consider buyout offers.. I'm sure there are big companies interested in this oil.. if it is 900m barrels, making the price as suggested 33/share.. i would gladly give mine up for 5/share =) .. anyway, can't stop thinking about it.. so distracting.. i really hope we won't be disappointed... and hope those MM asses play fair
Posted by TINPOZ on :
i chased 2 weeks ago and now im sitti ng on .20, i need some real good news just to get back in the game.............help, please......LOL
Posted by crappybob on :
I have had a sell order in at .20 for a while now but I just stopped it because my gut is telling me I can much more than .20 if a wait a little while longer. This is looking great right now.
Posted by TINPOZ on :
i really hope your right crappy.........
Posted by TruthLiesWithin on :
Wow, after OILDOG and his long winded statement about unheard verbage with this company, and were headed back up.....
Makes me wonder who to beleive these days...
Posted by ArmySGT on :
hey dont crush my dreams hahaha, I am going with all the information given and it looks good to me. Guess we will see soon
GLTYA
Posted by buckstalker on :
Believe NO ONE...
quote:Originally posted by TruthLiesWithin: Wow, after OILDOG and his long winded statement about unheard verbage with this company, and were headed back up.....
Makes me wonder who to beleive these days...
Posted by gfinney on :
Good luck today on this guys!
Posted by Dardadog on :
One thing everyone must be aware of here. A "Survey Results" PR was promised to be released this week. Mid-week does not guarantee it will be "today" for one thing, it could be tomorrow. Another issue for all to consider, they have only had a couple of days to do the survey at this point. Doubtful that all properties have been surveyed at this early stage in the evaluation. My guess would be that the PR we are waiting on will only show the results of one area rather than confirmation of the entire property holdings on this company. With the position I've settled into (now holding 150,000 shares) I would love nothing more than to see this haul ass to dollarland.......but I still maintain that this will take a few weeks to accrue if the survey results on all properties are as favorable as we would like to see. I agree with the fact that they wouldn't have spent the money on such a reputable company to survey and I also agree that they are in a hurry to establish these findings so as to move up the ladder with the SEC. But an overnight $2 would suprise me very very much. "Love To See It"......but would be very astonished. I'm not trying to scare anyone off here. Hell, the buying for the most part has been done by these board members, we won't affect the price climb anyway......my remarks are geared to stabilize the share holders on this stock. It's not a forever hold in my opinion, but it's not an overnight play either. Hang in there and hold those shares. Those that have been buying for the past couple of weeks like myself, good luck and good riches. HOLD THOSE SHARES!!! Don't let the fact that we may not get a Beverly Hillbillies PR this week shake you.
RUFFRUFFRUFF!!!!!!!!
Posted by letitrideboy on :
Dardadog 5 stars from me very good post
Posted by Dardadog on :
Truth be known......I'd rather see it come out on a day when there aren't stocks like "PAIV" tyin' up traders funds.......heh heh......
Ruff!!!!!
Posted by gfinney on :
PAIV seems to be slowing down a bit finally! I'd love to see that PR today anyways, the suspense is killing me!!!
Posted by bigwormcb on :
Alot of the oil, that was drilled for the in the local area, was shallow wells. I was informed by the locals that if there is oil in the ground around here that it will have to be dug, deep. I will be meeting today with someone today who works in the oil fields in both Wichta and Archer County. As Im trying to find out about the company and their predictions.
Posted by Dardadog on :
Look forward to your possible sharing of your findings bigwormcb. I'm not concerned with a "deep" issue if the PR's are correct concerning this companies operating under a "debt free" status currently. They are spending money, so they must have some solid backing. If they find the oil, "debt free" also means "available to borrow" easily. If it's there, they are in a position to go after it.
Ruff!!!!
Posted by iamfine on :
where is the news? anybody got some hint yet? if no news, i will be in a big trouble. this is really antsy. Posted by ArmySGT on :
Where's the kaboommm? How do you guys do it? Wait and sit on the edge of your seat, I'm missing sleep out here not wanting to miss the angels singing lol
Posted by SanDiego_Joe on :
RELAX. Read back yesterday. I posted my response from the CEO, Mr. Pinedo. he said news this week, no delay........and he literally said I will be pleased. It's on yesterday's posts in here.
Additionally, DARDADOG, I disagree. I don't think this valuation has been going on for ONLY a few days. They just announced it recently. Believe me, they have been doing this for quite some time.
Posted by ArmySGT on :
I know, I am actually looking at the client list and wow its pretty extensive with some big names, to include UN, DOD, Exxon, Mobil, Chase, Shell and many more, I cant wait for this release
Posted by Hitman on :
I already owned 7000 shares at .12 bought 10,000 more last week at .13 ... all the signals r 4 a gr8 upswing..... If is goes down again i will pile on...... Did put a sell in for all or none at .50... i drive a truck over the road and cant ckeck the internet often... so will take the few $thousand i make when the news comes out... news will b good.. no doubt lol
Posted by lostone on :
wow, i guess they're really holding us in suspense.. i hope i get to watch when it happens..
Posted by ArmySGT on :
ok I am off to zee gym, so I expect to cry like a little schoolgirl with tears of joy when i get back!
GLTA
Posted by SanDiego_Joe on :
FROM IHUB, a response from Ed Monet regarding the PR:
He said everything was "extremely positive"
That they are trying to get a the PR out before the end of the week so investors would have a nice weekend. Also to ensure investor confidence.
However he said "NLT" Tuesday of next week.
I took it we will hear something this week. He kinda implied you may want to buy some shares? I already have!
glta...
Posted by SanDiego_Joe on :
From same poster on IHUB:
Also forgot one thing. I did ask him about possible overseas operations. They said they are working to solidify a deal in China as we speak!....glta
Posted by iamfine on :
solidify a deal with China? wow, that would be huge. China is in a great need of oil. if further deal like buyout, that will be much nicer! Wish that true
The PPS has been bouncing between 0.11 and 0.12 since this morning. Not so much volume though. Guess people are still watching. Get it going.
Posted by ArmySGT on :
well count me in for a couple more then, wow the suspense is making it harder and harder, now if UVCL would do something I would have an awesome week !!
Posted by gfinney on :
I'm about ready for this to start changing!! Posted by ArmySGT on :
that makes two of us
Posted by Jo4321 on :
I'd rather see your screen than mine cause mine shows -35.67% in the value change column.
Let's go PGPM!
Jo
Posted by iamfine on :
mine average is 0.126. still needs some pushing to get it done. it doesnot look like the PR news will be out before the bell. well, good day though. no strange up and down. just a little bit bouncing up and down around 0.115 and 0.12 level. if the news out after the bell or before the market open tomorrow, things will still be good. tomorrow will be an interesting day.
Posted by Teno on :
same here in at .15
Posted by TINPOZ on :
your all doing better than me, i broke the cardinal rule, chased it after a 15% increase got in at .20 and its dropped ever since...... Good move HUH??????????
Posted by ArmySGT on :
dont feel bad i sold all of my cbay because i got scared of a loss and wanted to chase the HOPES of something more lucrative which failed and i was in at .21 for cbay and look at it go!! .60 now.... figures
Posted by Jo4321 on :
ArmySGT, I did the same thing! I was in CBAY at .29 and sold at .37 .
Wanna kick myself. But you just never know with these things. CBAY had previously been a 37% negative in my account prior to last Thursday or so, so I was understandable gunshy about not taking the profit.
Jo
Posted by TINPOZ on :
looks like no PR today folks, but it least its holding its own....... for now
Posted by Repoman75 on :
No PR until Tuesday probably.
Posted by lostone on :
o well.. maybe after hour PR.. that wouldn't be as exciting as during market hour
Posted by iamfine on :
going to close above 0.115. very quiet day as a matter of fact. well, would not mind waiting another day though. good day, everybody.
Posted by js49886 on :
"Your questions about the reserves will be address on a PR next day or so; however about the Chinese and French sources on our website is because we are pursuing four significant deals they have to do with participation and acquisition of marginal wells in Quebec Canada and South China. This is more in order to bring more value to our company, we are not looking for any exit strategy. Best Regards
Rafael Pinedo" very interesting....
Posted by Repoman75 on :
quote:Originally posted by js49886: "Your questions about the reserves will be address on a PR next day or so; however about the Chinese and French sources on our website is because we are pursuing four significant deals they have to do with participation and acquisition of marginal wells in Quebec Canada and South China. This is more in order to bring more value to our company, we are not looking for any exit strategy. Best Regards
Rafael Pinedo" very interesting....
I called this weeks ago... Damnit people, if you read my posts carefully instead of posting your nonsense, you'd be rich. Look back at my posts.
Posted by gfinney on :
So can we assume your rich Repoman?
Posted by Punisher on :
Wheres the PR? Am I holding on to a bottomless bucket? I could of bought more CBAY when they were at .16, I'm still holding on, all I have left is "NADALOT"... I'm stuck with PGPM at .15 and .19
Posted by js49886 on :
Didnt you buy anymore when it dipped below .10 ?
Posted by Repoman75 on :
Umm.. I'm pretty well off.. not rich, not yet.
Posted by lostone on :
wish i could be well off.. this stock needs to go to 10 bux for me to be well off.. so i doubt i'll be well off anytime soon..
Posted by ArmySGT on :
energy.cr.usgs.gov/oilgas/noga/
does anyone understand this stuff its a link from the PGPM website.... lower right about reserve assessments...?
Posted by ArmySGT on :
put http:// in front of that
Posted by Punisher on :
quote:Originally posted by js49886: Didnt you buy anymore when it dipped below .10 ?
No... I had no more dough, its all tied up..
Posted by js49886 on :
Ah I hate when that happens. I had BZTG (was actc or something) for months waiting for more backback news. About two weeks ago since it hadnt moved much & I figured I'd get back in, in a few weeks, so I sold it with a 2% loss just to free up $ quick from PGPM. Wouldnt you know, 3 days after I sold the SOB nearly doubled, I was in at about .02 & it went to .036 ... I can never win !!!!! Ah well, hope that makes you feel better. At least you wont miss the boat like I did. *sigh*
Posted by ArmySGT on :
So there I was...not sleeping, sucking down another cup and working the Intel for my unit when I looked and to my surprise....
STILL NOTHING! Make my Army life a bit nicer! PGPM AND UVCL need to make some noise.!!!
Posted by Repoman75 on :
PR not until Tuesday or AH Friday.. trust me.
Posted by CMoney on :
cool well that'll alow me to get back in lower. But everyone thought it'd be this week. Oh well, more shares for me
Posted by Hold-em-er-fold-em on :
Nobody knows for sure when the PR will be released. Don't believe what anyone tells you in here unless you have some solid DD.
Lots of speculation!
I just hope we get something solid to make this POP! GLTA
Posted by CMoney on :
just in case I have a buy order in * .09.
Posted by CMoney on :
what do the L2s look like
Posted by OILDOG on :
A billion barrel field, on-shore Texas, would be a MAJOR find. GIANT field status. NOTHING on Texas RR Commission site, NO area new stories, geologists Ive talked to have heard NOTHING. NOTHING! These are the same properties they've had for over a 1.5 yrs,near as I can tell. They HAD a reputable company evaluate them in Jan '05, Gleason Engineering. 572,192 bbls, NOT 900 million. Its on their website!!!!! They've added NO additional properties, NO drilling whatsoever. They only have a 20% working interest as it is. What about the company(s) that own the other 80%? The "500 acre/feet lake" is the same sand zone they've talked about before. Nothing deeper. Why nothing from the majority owner, ANYWHERE. Go to Gustavson's website, READ. They will PROMOTE your company for you. POGC & MOL are two they list. That bothers me. Ive seen too many promoters & flybynight con artists thru the years. Worked for a couple!! Look at the unaudited "financial statements" on their website. I estimate last year their part (20%) was 5600 bbls from their leases. Yet Fast Eddie Monet has told people on other boards they produced 20 million barrels last year!! Thats a billion bucks!! They sure didnt report it in their financial ended Dec '05!! Believe the paid pumpers ON THIS THREAD if you want.They say hold, BUY BUY BUY BUY! I firmly and honestly believe this is a scam,bravo sierra. I also believe Gustavson will REALLY be sticking their necks in the noose if their evaluation is significantly different from Gleason Engineering. Play it like any other POS pink. This is NOT a long hold. Posted by CMoney on :
Hey are you the poster formally known as NoWhen?
Posted by NoWhen2HoldEm on :
quote:Originally posted by CMoney: Hey are you the poster formally known as NoWhen?
Nope. Two totally different posters.
Posted by NoWhen2HoldEm on :
OILDOG,
I was looking for positive posts from you in the past two months concerning any stock. I couldn't find any. What gives?
No accusations, just an observation.
Posted by OILDOG on :
quote:Originally posted by NoWhen2HoldEm: OILDOG,
I was looking for positive posts from you in the past two months concerning any stock. I couldn't find any. What gives?
No accusations, just an observation.
Check the PBLS thread. Think I had one or two in there. I dont post much, unless I have something to say besides "I hope" "I pray" "Go xxxx" I like to examine the warts, chew thoroughly before swallowing.This POS was SO over the top, so amusing I couldnt resist.By the way, Purl Gurl had it right. YOU could buy this POS with a personal check. Anyway, I'm having GREAT fun with this one. It smells like MLON (YOU remember THAT one, don't you Dardadog?)
Posted by Dardadog on :
It smells like MLON (YOU remember THAT one, don't you Dardadog?) [/QB][/QUOTE]
I remember MLON alright. It ended up being a barrel of bullchit that's for sure. But in the end if everyone played the bounces on MLON they should still have made profit on the stock. I tell traders that are looking for respectability that they are only as good as the last one they call. I've can't even begin to guess how many money makers I've called over the past few years, but MLON is my albatross. I chuckle as it gets brought up to me every few months and it's been close to two years since it was a play. Surprised I have any stars on this board.
RuffRuffRuff!!!!!
Posted by iamfine on :
is not just me or anybody else? my account shows me the bid/ask is 1.15/1.24. and it seems the PPS started bouncing once again like yesterday. got some hint?
Posted by OILDOG on :
I dont want to be TOO harsh dog. I was a newby noob then. Didnt understand that yer a daytrader (minute/hour). Didnt know how to get OUT quickly. Lost 90%. But, you WERE telling eveyone to hold till end of year, as it crashed into the toilet in NOV. So, forgive me if Im cautious when you say HOLD. And yes, youve touted some good short term runners. This is running on a BS PR. Look at the history of this company. Formerly BPET, dead in the water. Received an email from someone(Cindy Hotpicks I think) a couple weeks before the run. Said MAJOR STOCK PROMOTION. Thats warning enough to be careful, but hey, a plays a play. Right? Just treat it as such. Dont hold. Anyway dog, you said before "Greed has killed more daytraders than bad stocks" (i think thats close). Greed is full blown HERE. No one seems to be interested in reading,on Pilgrims OWN website, Gleason Engineering's report, the financials (started '05 with about $1200 in the bank)or the USGS report for the 60 county area.I post and Im a basher. Oh well.
Posted by Dardadog on :
quote:Originally posted by OILDOG: I dont want to be TOO harsh dog. I was a newby noob then. Didnt understand that yer a daytrader (minute/hour). Didnt know how to get OUT quickly. Lost 90%. But, you WERE telling eveyone to hold till end of year, as it crashed into the toilet in NOV. So, forgive me if Im cautious when you say HOLD. And yes, youve touted some good short term runners. This is running on a BS PR. Look at the history of this company. Formerly BPET, dead in the water. Received an email from someone(Cindy Hotpicks I think) a couple weeks before the run. Said MAJOR STOCK PROMOTION. Thats warning enough to be careful, but hey, a plays a play. Right? Just treat it as such. Dont hold. Anyway dog, you said before "Greed has killed more daytraders than bad stocks" (i think thats close). Greed is full blown HERE. No one seems to be interested in reading,on Pilgrims OWN website, Gleason Engineering's report, the financials (started '05 with about $1200 in the bank)or the USGS report for the 60 county area.I post and Im a basher. Oh well.
I don't mean to be coming across on this stock as highly as you seem to imply OILDOG. I don't think I've tried to influence anyone to look beyond a few week hold at best here for 0.25 - 0.30 possibility. I played it well the first massive run at the beginning of the month, as such I have a nice "not-out-of-pocket" position here. It's the pennies....as I've always tried to maintain, play them for the momentum. Much of my posts are actually geared to help those that got in high a few weeks back and to encourage them to hold for results PR expected out and its reaction on price to limit thier losses. As I recall, I apologized for leading everyone astray on MLON nearly two yrs ago in a lengthy post here on allstocks. Sorry also that it was one of your learning experiences early in your trading career. But as I also recall, my signature has ALWAYS been "Do Da Due - But Be Damn Quick About It!!!". From one Dog to another, if I'd burned me 90% on a play I'd put my azz on the "Ignore This Prikk" list in my profile.......even though I wasn't in control of your buy and sell button.
RUFF!!!!!
Posted by Dardadog on :
..........but that's just me an' I hold a grudge longer than any stock I've ever bought!!! LOL
Posted by ballyman on :
The Gleason eval does consist of 572,192 bbls. However that eval only reflects data concerning 8 wells. In the opening statements on Pilgrim's website they state,
"Currently, the Pilgrim is concentrating its efforts in the Lilly Hooks Field, where three Sand Zones are oil productive across the entire Field. The D Zone is the principal producer, with non-proven reserves of about 100,000 barrels per well. The A and B Zones have reserves of about 25,000 barrels each. Pilgrim owns about 80 old wells in the area, and it will drilling new infill wells. During the next six months. The old wells are currently being recompleted in the A and B Zones."
They state that they are working with an area of conservative approximation 12000 acres at a depth of 500 feet. This gives us 261,360,000,000 cubic feet of land area. 900M barrels is equivelant to 3,789,843,750 cubic feet of area. This 900M estimate then is a mere less than 1.5 % of the area being evaluated.
Given the statistics put out by the USGS for the Bend Arch-Fort Worth Basin Province this sounds to me more than just a possibility.
"Using a geology-based assessment methodology, the U.S. Geological Survey estimated a mean of 26.7 trillion cubic feet (TCF) of undiscovered natural gas, a mean of 98.5 million barrels of undiscovered oil, and a mean of 1.1 billion barrels of undiscovered natural gas liquids in the Bend Arch-Fort Worth Basin Province. More than 98 percent, or 26.2 TCF, of the undiscovered natural gas resource is continuous gas in Mississippian-age Barnett Shale."
Posted by gfinney on :
Nice work Ballyman! Now tell EXXON they need to buy this company at a discount of 50% of the value of the company. $15 bucks a share and I'll agree to sell, how about you guys?
Posted by buckstalker on :
Well the dogs are out today eh! I gotta chime in here and say that I made a boatload on MLON (I thank DaDog for that one and many others), and so far I've made a BIG boatload on PGPM...hold long term...I don't think so...no penny stock is worth that. Is there anything left here...I think so...just by watching the MM activity tells me that there is bank to made here short term. Talking the stock up or bashing it down doesn't appear to be having any effect on the pps...only time will tell here...but I'm holding mine for now.
Posted by mboukili on :
i see this go back and forth, i just the pr to come out , shed some light god damn it......
Posted by Dardadog on :
Thanks for the clarification ballyman.
Ruff!
Posted by Hold-em-er-fold-em on :
Hey Dardadog,
Quit pushing my BUY button man!
Just kidding man! You are Awesome, Been watching you a long time!
Just need a good report to make us some green!
Glta!
Posted by ArmySGT on :
Hey since everyone is reading this post and i know some of you have UVCL, what does it mean
UNIVERCELL HOLDINGS INC files Form 8-K
Good news right?
Still a newbie here! lol
Posted by ballyman on :
I'm no oil anything, those are just numbers. I only know numbers and I just want to remain positive until that PR is released. California has its biotech and Texas has its oil. Here small biotechs struggle to stay afloat, but for the most part they are legit, all the ones I have dealt with anyhow, they got hopes and dreams. I don't see the small oil company any different, most don't do what they do just because they have nothing better to do, they do it cause there is always potential for something big, its hard to convince an investor to invest in a dream. Therefore I don't buy into the idea that this company is a scam.
Posted by gfinney on :
Anyone notice the order sizes are getting LARGE! Last four trades are over 400K by themselves? Maybe people getting in that know something?
Posted by Hold-em-er-fold-em on :
Ok that was a good size buy! 216K
Posted by SanDiego_Joe on :
I'm a biologist in the San Diego biotechnology industry. I agree! I have been a apart of numerous small biotech companies. I take the offer because during the interview process I meet fellow scientists that appear VERY passionate about the company's endeavor and on paper, with some preliminary feasibility data, it looks VERY achievable. More often than not, the company folds because they ran out fo cash before they could achieve "proof of principle."
The correlation here is PGPM has a business plan, have done their research, and decided to make a go at it.
IMVHO...I don't think the main report will be out this week, but knowing PGPM they will address us, update us on its status.
Posted by Hold-em-er-fold-em on :
Snif Snif!
Hey dog can you smell a PR coming?
LOL!
Posted by SanDiego_Joe on :
I smell a PR coming. Don't think it's the big one we're waiting for, but I bet we get something.
Posted by ArmySGT on :
nothing yet posted on their website..
Posted by Hold-em-er-fold-em on :
buys coming in! Were going to see some thing soon I can smell it.
Posted by Dardadog on :
quote:Originally posted by Hold-em-er-fold-em: Ok that was a good size buy! 216K
$26,000 Buy.......
Posted by ArmySGT on :
how do you know that buys coming in? where are you guys looking? newbie needs a bit more guidance
Posted by buckstalker on :
Level 2's with T&S (Time & Sales)
Posted by ArmySGT on :
so level 2s are the big money spenders. Sweet guess I will keep hiting the refresh button. Looks like numbers are out of the red, come on green!
Posted by Matrix Trader on :
man i have my order in for .11 for last 3 hrs.. I see trades for .11 on l2.. but i am not getting filled!!
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Matrix Trader: man i have my order in for .11 for last 3 hrs.. I see trades for .11 on l2.. but i am not getting filled!!
Ask has been at .12 for ever today!
You will not get filled at .11 with this activity!
Posted by Repoman75 on :
No news today as I predicted. Hold em is wrong again.
News on Tuesday, maybe AH Friday. We will close at .12
Posted by Matrix Trader on :
I know.. but I see some sales at .11 on L2 Lets see what happens
quote:Originally posted by Hold-em-er-fold-em:
quote:Originally posted by Matrix Trader: man i have my order in for .11 for last 3 hrs.. I see trades for .11 on l2.. but i am not getting filled!!
Ask has been at .12 for ever today!
You will not get filled at .11 with this activity!
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: No news today as I predicted. Hold em is wrong again.
News on Tuesday, maybe AH Friday. We will close at .12
You have no respect on this board REPO!
Never have! Never will!
Good luck repo!
[ oh! and nice private message, but my mother would never go for you! LOL]
Posted by Repoman75 on :
I have no respect for PUMPERS like you. I wish you no luck, and wish people like you, who bought in at .18 would stop trying to dupe the newbs. People pizz and moan here everyday on how they got left holding the bag.. now I'm trying to stop that, and YOU are not.
Shame on you.
Posted by OILDOG on :
Look at it again, ballyman. That evaluation is for 8 LEASES. More than 1 well per lease. Would depend on the spacing allowed as to how many wells on a lease. "Given the statistics put out by the USGS for the Bend Arch-Fort Worth Basin Province this sounds to me more than just a possibility. " Read it AGAIN. The USGS study area covers 60 COUNTIES!! They estimate a 50% chance of 92 million barrels recoverable in a 60 COUNTIE area. A pretty sizeable chunk of Texas oil country! Notice they say,for example, in the Lily Hooks field, three sands are productive. They dont SAY the whole 500' is productive, but lead you there with IF. Also,these are depleted,marginal, stripper wells. May be on waterflood. Dont know, have inquiries out. IF the whole 500' were productive, remember,rock has VOLUME. Oil will occur where there is VOID SPACE. Even with say, 20% porosity (very high), that means 80% of the "acre/feet" is......ROCK. At the very least, cuts their "estimate" by 80%. Further, a billion barrel "find",even in Texas,would be HUGE if it were true. Its not. Stretches credulity beyond the limit.I cant remember when the last GIANT was found in the continental US,but think it was before my time(30+ years).The Hardeman Basin has produced a lot of oil over a VERY long time. As they state, they look for marginal (stripper)properties. Cheap. All they can afford,at least before the bs PR put a lot of sucker money in their pockets.Anyway, glad you at least WENT to their website and looked for yourself. Encouraging that I stirred even ONE person to do SOMETHING beside regurgitate that PRs crap.And, it was SO thoughtful of them to do the pps calculations for us po' dumb......sukaaarrsss! Their partner (strategic alliance)who owns 80% of the leases apparently isnt saying anything. Why? I know some farmers here in OK that bought stripper wells on their farms rather than see them plugged, pump them themselves, and produce more oil than PGPM will. Last year they were "talking" about Barnett Shale leases. Nothing. Wont get ANY cheap. Hot play.OVER a year ago,as BPET,they were saying the same things as now,with no results. I still think this is a "kitchen table" company. But, never can tell. They might have produced a barrel of oil,somewhere,sometime. Ill keep diggin' and keep yall informed. Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: I have no respect for PUMPERS like you. I wish you no luck, and wish people like you, who bought in at .18 would stop trying to dupe the newbs. People pizz and moan here everyday on how they got left holding the bag.. now I'm trying to stop that, and YOU are not.
Shame on you.
Sorry jack!
I sold on the last run and made 6k. I now hold 40k shares at .095
I am a shareholder,and your not! I will get as excited as I want about a stock i own.
Posted by gfinney on :
Chill boys, we are all here to make money!
Posted by lostone on :
heck, i'd sell to exxon for 5bux/share
Posted by acemidland on :
you guys..., this ones a no brainer...even if everythings been b.s. up until now, assume then that the pr will be too, meaning theres money to be made...its **** like this that took me out of ndol too soon....listened to you putz's on here...that was my only mistake but i still made money. Its no scam, it would be too obvious. So obvious no one would fall for it. This things already had a huge run. Bank on another. a no brainer. These guys can argue till their blue in the face but its obvious whose into being an internet forum personality and whose into making money. It's sad, get a life fellas.
Posted by ballyman on :
I have taken it into consideration that the basin covers a huge chunk of land, that is a given that went without saying. Also that the method that the USGS determines quantities is not an exact measurement, gives aproximations at best. Additionally being that we are talking about a huge area the USGS IMO more than likely has not covered every inch of that huge area. On the other hand PGPM has a vested interest and will want to cover every inch of their land to squeeze out every drop. Again my math shows that I have considered much more mass/volume of matter other than oil than your 80%, I give you more than 98.5% of rock, sand, water or whatever else could possibly be in that ground.
Furthermore I have done very little dd in comparison to some of these other members, I give them tonage of credit, no need to recite PGPM's website, we are waiting on what is not at the website.
Posted by gfinney on :
Willie Mac on another board.....
I just got off the phone with Gustavson Jr., not him actually his secretary, I asked her why Pilgrim wasnt showing up on there website as a client, here are her exact words. "Well I know that they just finished an evaluation for that company and normally once we have finished a project for a company we will add them to our client list" I then asked, are you sure they have finished, "Well they are in a meeting right now so they are either finished or going to finish up soon" I was just calling to ask why they werent on the website yet, and nothing she told me was a secret so dont make this into a spy scam. I just wanted to share this with all of you.
Posted by TINPOZ on :
pr, pr, pr..........................
Posted by Repoman75 on :
No PR until Tuesday, maybe AH Friday.
Posted by acemidland on :
exactly g, too many conspiracy theories going on....this **** went on with ndol too. Its a sad thing. i wouldnt bank on a pr for today. repomans prolly rite.
Posted by ArmySGT on :
2 hours before close Posted by gfinney on :
This Willie Mac guy on IHUB seems to be the one who is in close contact with Pilgrim. Anyone know anything about him? Here is what he posted as far as the PR today....
Press release today, however it isnt the report. Pilgrim wants investors to know that if the actual report isnt out by tomorrow then it will definetly be out Tuesday because Monday is a holiday. I think this is a good sign, basically they want us to know whats going on, they know investors are sitting around waiting and they dont want us to lose patience. I am getting a much better feeling about Pilgrim.
Posted by ballyman on :
Several have had correspondance with PGPM directly and a couple have been posted here on this thread, these are 100% legit, so yes the company is going to back up its word. Unless they hired Gustavson to prove them wrong, uhh probably not.
Posted by ArmySGT on :
tell willie mac to call back and see if they are done with the meeting lol
Posted by Repoman75 on :
Again, PR on TUESDAY is what matters. Go enjoy your weekend early. This PPS will not move until then.
Posted by iamfine on :
well, at least PGPM has been holding there for a while. Holding is good.
Posted by Hold-em-er-fold-em on :
Someone is loading up!
Posted by ArmySGT on :
yea its probably the secretary for Gustavson LOL
Posted by ArmySGT on :
can anyone get on gustavson's website? i keep getting timed out.....
might be updating? you think???
Posted by iamfine on :
seems Repo is right about the PR. no more than 1 hour left for the market to close. certaintly would not mind waiting for another day. interesting actions actually happened today. a little bouncing up and down. then stayed at 0.12. volume is a little better than yesterday. not sure what will happen in the last hours. possibly rising up more?
Posted by SanDiego_Joe on :
Several of us on several boards have reported speaking to the company and reported back that the general consensus is everyone is getting the vibe that no PR today.......most likely Friday or Tuesday, but if there is a delay, it seems like the company is planning on an update PR to maintain patience and credibility with shareholders.
Posted by Repoman75 on :
Just getting this vibe now? We knew this 2 days ago from Ed Monet. Do better DD.
Posted by Teno on :
gettin buys at .122
Posted by SanDiego_Joe on :
Thank you Repo_fuk. I have been cool with you from this point on, made the mistake of defending you. I was trying to be subtle and not panic the masses. Do better DD? FUK-FACE I have done the majority of the DD here with a significant percentage of it not posted on this board because bitter, no poosy getting kids like you tend to have negative crap to say so I keep it to myself.
ANYONE ELSE...........does this board have an "ignore" feature I am missing?
Posted by Hold-em-er-fold-em on :
LOL! Keep making friends Repo!
Your such a f--n jerk!
Posted by Dardadog on :
I'd like to see it close above the 0.1267 resistance today............
Ruff!!!!!!!!
Posted by Repoman75 on :
Do more DD than me? I doubt it. Did you know about the efforts to lease to French and/or Chinese oil companies 3 weeks ago? Nope. Did you know that another evaluation was coming 2 weeks ago? Nope. Did you even know that this makeitorbreakit PR was due on Tuesday as per Ed Monet 2 days ago? Nope.
And when did I bash this stock? Fool, I am long the stock. I just know the PPS won't move today, nor tomorrow until this PR comes out, and when they sign leasing agreements.
You came late to the party JOE. Go back to surfing...
Posted by ArmySGT on :
lol, i love it!! money=evil
sandiego_joe click on his profile and add to iggy list
Posted by Repoman75 on :
I'm not here to make friends, nor do I ever learn anything from THE HERD... very few on here know how the game is played. I am here to make money. Dardadog is one of the moneymakers. The rest on this board are sheep. Dardadog will not hold this long term. If it runs on this PR to .20 or above, he will flip. He's smart. YOU dopes will buy more at .18 and the pump for 3 months after.
I'm done with posting on this thread... I'll let Joe and his compatriots on other boards give you news that is 2 days old.
Posted by iamfine on :
come on, guys. looks like not just me getting impatient of waiting for the PR news. donot let the PR wear us out. we all come here to wish the best. to be honest, last week and this week were all big messy to me. right now, i am in a lot of red. getting in WWEN too earlier, missing the boat, and now I am almost getting drown out there, hoping it getting back up day by day. this is sigh. this PGPM is better. looks very possbile to get green sooner or later. whatever the advice from anyone in the forum, i am always appreciated. There are so many guys I donot know here sharing information each other in this forum. I am just very glad I found here. Thanks, guys. And good luck to you all.
Posted by SanDiego_Joe on :
COKSUKKER: Your first erroneous, weak-minded assumption was that I DID NOT know of this information. I did. believe it or not, REALLY don't give a rats ass.
I just got here? Nope, have owned this stock longer than you could imagine.........however, just because I just decided to check out this lonely website doesn't qualify my time in this position.
Either you ARE a liar, or you ARE a loser, maybe both. You claim you don't own this stock, yet you post here quite often, all negative, angry, aggressive, sharp-tongued posts. Odd...strange....sad.
Up until this crap with you, I ONLY posted when I had information. Other than that....not a peep.
Every couple of days I log into this joint and see a dozen posts from you.......all bad......most conjuring up a battle with other people.
I know you'll reply to this, no doubt you can't resist. Bottom line is you ARE an A-hole........and dozens of people in th world that read your posts in here ALL concur. I would be concerned that so many people think you are a retard.
Go ahead now, respond and attempt to be witty and insulting.....won't work, but I;ll enjoy reading your rant.
Posted by Repoman75 on :
No class Joe...
1 star for you.
Posted by SanDiego_Joe on :
right back at ya....is there a 0.5 star?
Posted by gfinney on :
You ever feel like we're watching two crabs in a glass jar? We need a PR or they are going to start getting angry! LOL
Posted by iamfine on :
looking good right now. PPS is at 0.125.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: Exactly DK, exactly.
PGPM = POS!
Screw Ed.
Never bashed this stock HUH? LOL
Posted by SanDiego_Joe on :
Wow, what a shocker!
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: Hey, Dardadog is back... making a return appearance for this POS?
I'll buy when it hits .05.
And another!
Posted by Repoman75 on :
.12 closing coming today and tomorrow... nothing you can do to change that.
Posted by SanDiego_Joe on :
I thought you said you were done with this thread? Can't stay away? Obessessive/compulsive disorder? meds running low?
Posted by SanDiego_Joe on :
And FYI Repo_azz..........Mr. Monet said it was POSSIBLE the Pr would come out Tuesday but he felt confident it would arrive this week. How do I know? SHOCKER!!! I actually called him. And yep, as usual, posted the email. It's called DD.
You, however, read several boards, read OUR info, and draw logical conclusions. And yeah, as shown, you DO bash this stock.
So what OTHER crap you wanna spew out of that cake-hole mouth?
Do like ya promised.........stop posting here.
Posted by ArmySGT on :
and that my friend earns you a star from me hold-em
Posted by Repoman75 on :
NO PR UNTIL TUESDAY OR AH FRIDAY.
Posted by SanDiego_Joe on :
Thought you were done posting here? here ya go, I'll paste what you said:
From Repo-retard:
I'm done with posting on this thread... I'll let Joe and his compatriots on other boards give you news that is 2 days old.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: NO SELLING UNTIl .50.
I'm making 40K or bust.
He never pumps either! LOL
Posted by gfinney on :
Almost 2 million in Volume!!! We need a few more buys!
Posted by js49886 on :
I see 6 consecutive orders for 20k shares * .125 all within a minute of each other. Someone is loading up & tryin not mo make it obvious. Wish I could get filled that fast.
Posted by SanDiego_Joe on :
Wow, from extreme pumping to extreme bashing? Sounds like someone needs a refill on his Paxil. Think of happy places....breath deeply.
Posted by Repoman75 on :
Well, it all depends if your long or short... again, playing the game.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: Netfreak, just hold until the end of May.. and see .50
And I do mean he never pumped this board!! LOL
Posted by SanDiego_Joe on :
again, STILL posting here. (4) posts SINCE you claimed you were done with this thread. Interesting insight int your brain. wow
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Dardadog: I'd like to see it close above the 0.1267 resistance today............
Ruff!!!!!!!!
I't looks like we will be close to that Dog!
Posted by iamfine on :
still rising, very slowly. a new high at 0.126. not sure what happens over there. whether it is some big buyers loading or trying to sell. another go, i will be in green.
Posted by ArmySGT on :
10 minutes till close for the day
Posted by js49886 on :
Come on guys lets just end it. Dont know about you guys but I didnt come here to socialize... We're getting distracted from the very reason we are all here.... $$$
Posted by Hold-em-er-fold-em on :
Heck ya! Nice buys rolling in!
Posted by gfinney on :
Nice EOD action! I think I saw a .13 in there too!
Posted by js49886 on :
50k 50k 10k 65.2k 50k 50k * .13!!!!
Posted by Hold-em-er-fold-em on :
OOHH beautiful buys!
Posted by Dardadog on :
Hell yeah!!!! Obvious anticipation being shown here. Should gap nicely in the morning with everyone sitting on the edge of the ol' desk chair on this one!!!
Ruff!!!!!
Like to see that Resistance Point busted for the first time in two weeks now!!!!
RuffRuff!!!!!
Posted by js49886 on :
two 55k buys * .13
Posted by iamfine on :
0.129 right now. what a day.
Posted by iamfine on :
settled at 0.125. still good day though. a little rising up. saw some volume in the last 15 minutes. interesting action.
Posted by Repoman75 on :
Should have bought CRDM.. it's the next PGPM.
Posted by SanDiego_Joe on :
(5) posts and STILL here. Way to break a promise. mental patient, indeed.
Posted by Hold-em-er-fold-em on :
closed at .13 I like that ending
Posted by Dardadog on :
Two at 0.13 just after 16:00. Got that above Resistance Point close afterall........
Ruff!!!!!!!!!!
Posted by crappybob on :
5 stars to joe for pwning repoman all day long. LOL
Posted by Repoman75 on :
Owning me? We'll see who owns what next week.... and who is pumping still.
Posted by SanDiego_Joe on :
(6) posts and STILL can't resist staying away? Sad man. Lonely man. Needs alternative activities.
Posted by acemidland on :
consider masturbation repo, itll keep ya busy for a few..uh..seconds....just playin man...whatever
Posted by gfinney on :
I hate to get in the middle of all this bashing, but Willie Mac Speaks!!....
Well, no PR so I guess it will be tomorrow. Today when I spoke to Eddie he told me that they were going to have a PR about the PR. Basically if they werent going to get the eval out until Tuesday because of the holiday they wanted to let investors know that they are working on it. I am now anticipating that the eval will definetley be released tomorrow because Eddie is usually dead on with his info.
Posted by Dardadog on :
quote:Originally posted by ArmySGT: can anyone get on gustavson's website? i keep getting timed out.....
What the PPS , you guys expecting after Gustavson PR.. i heard that Ed Bonet toll some one on the phone , that next week pps will be after PR, $0.26 is this right or i'm mistaken?
Posted by SanDiego_Joe on :
mistaken. It was ALLEDGEDLY reproted that Mr. Monet said the pps will see .06 first, then .025-ish by the end of the year. I have NEVER EVER heard of an I.R. person prediciting the pps of any stock...ever in my life to an inquiring shareholder, or anyone for that matter. Personally, I doubt that statement was ever made, and I would bet my left nut that mr. Monet would deny saying such a thing.
Posted by gfinney on :
PPS is determined by the market. For the record I think his PR said he thought it was worth $30 a share, but thats a CEO with a very optomistic view of his company. Also, after checking out the client list on the Gustavson website I'm feeling pretty optomistic myself. Clients include the S.E.C. themselves, US dept. Of Justice, US Dept. of Energy, U.S. Army Corps of Engineers. These guys are the real deal! Whatever they announce in the PR should hold some clarity in an otherwise pretty foggy penny market. I wouldn't assume that the services are inexpensive either. PGPM is spending some loot trying to gain some credibility. Good luck fellars, I'm off until the morning!
Posted by Fonzy35 on :
Thank, must had been a rumor, what do you guy expect for PPS, or would like to expect afetr Gustavson PR?
Posted by Fonzy35 on :
Exemple,Let say that Gustavson PR said a reserve of 50% of 900,000,000 that's 450,000,000 barrel less 20% (factor of lease they can keep)that would be 90,000,000 X $60 (averge per barrel)- %100 million expense(that they said in the first big PR at $33.00 a share)= $5,300,000,000 (expected) / OS 322,720,011 (more or less)= PPS of Expecting $16.42 right? (i don't know how to do the math to mush on penny stock)
or could we expect the pps rally up at $1.00 to $3.00 Can anyone that been in the market alot longuer then me, give some pointer on this?
Thanks
Posted by SanDiego_Joe on :
The pointer for you is that NOBODY in their right mind can predict with ANY accuracy what the pps of a company will do.......especially a pinksheet company......no matter what the news is. It is market sentiment, MM manipulation, short positions, flippers/day traders, etc etc that ultimately determine pps. And that is just the obvious factors.
Posted by js49886 on :
Well, I doubt I've been doing this much longer than you but I would Think it would maybe jump into .20s maybe .30s first, then everyone will dump it. Unless it spikes into the dollar range right away (within the same day I mean).
Who knows though. Im probably dead wrong.
Just dont get too greedy and expect it to hit $1, or $3 before you sell. Cause you might just get burned and end up riding this thing all the way back down. Take your profits while you have them.
Posted by js49886 on :
I sure hope it does go high though, if the MMs let it. Wanna pay off the student loans before I have to consolodate them Posted by TINPOZ on :
i'd be thrilled to see .3, im not a greedy gradey........LOL
Posted by lostone on :
quote:Originally posted by js49886: I sure hope it does go high though, if the MMs let it. Wanna pay off the student loans before I have to consolodate them
hey, me too!!! =) it's hard to not have high hopes for this company, especially after looking at the gustavson website.. those ppl are serious business.. i don't know why some ppl would think otherwise, unless PGPM got money to burn or something and just wanted to mess around with our heads.. o man, the suspense is killing me.. they better say something tomorrow.. i don't think i can hold it thru the long weekend..
Posted by lostone on :
quote:Originally posted by TINPOZ: i'd be thrilled to see .3, im not a greedy gradey........LOL
i'd be just alrite with .3, but i'd be thrilled if we hit 3! would be nice to be a part of an awesome penny history!
Posted by ArmySGT on :
I just want to come out of the hole. I started out probably at the worst time to learn about stocks...last week. So I need some reassurance.
Posted by Fonzy35 on :
Thanks guys for your comment and expertice.I got in at 0.105 pps . i think i'll play it save,i probably cover my investement (like you said)when it hit .30, and ride the rest free share..that way i would had maid some profit plus free share..
Thanks again
Posted by TINPOZ on :
this thing has some work to do if we want to break into the .3 terrain..........maybe soon though, maybe soon..............
Posted by gfinney on :
It's not unlikely or too difficult for this to get to the .30 range. PAIV went 1000% on a short squeeze. CRDM went 800% on a FDA approval today. Heck, PGPM went 2500% when the CEO just alluded to the share value being 33 bucks. Imagine if an accredit appraisal company values PGPM at 30 bucks a share. This is why you play penny's! To the other side, JPHC Dropped 80% on a buyout of over 500% of the PPS. This can go either way at any point. Don't bet your kids college education on this!!! Good luck to all!!
Posted by ArmySGT on :
come on PR lets get some news today!!!
Posted by Hold-em-er-fold-em on :
SGT, I hope we see that PR mid morning today! It would make for a nice weekend I think!
I dont think it will see the full evaluation,[thats morelikely to come next week] but an update before they release the numbers would be awesome!
Posted by OILDOG on :
PR about a PR. lol.They will let it stew over the weekend. Get max benefit Tues morning imo. Doing a little more digging about Gustavson, I now seriously doubt they would risk their reputation and financial well-being of their company over this POS. They might fluff it slightly,say 900,000 bbls to Gleasons 567,000.In the realm of reality anyway. Would give cover to a "mistake" in the May 1 PR.Just an "honest" mistake. Serve the same purpose. Hype and buildup, run Tues, bagholders after. Texas RR commission: None of their Archer Co properties have produced any oil in years. Wichita Co: Lily Hooks,their "best lease" 9236 bbls for 1993-2006. 20 bbls for month of Jan '06. Morgan FD : 3117 bbls 309 bbls since 8/04 Operated by American Petroleum Corp.. their "subsidiary". Pilgrim is not certed or bonded to operate anything in the state of Texas.
Posted by Hold-em-er-fold-em on :
LOL oildog!
I must ask why all the DD your for this POS you call it!
HOw many shares do you hold?
Posted by Hold-em-er-fold-em on :
-----
Posted by lostone on :
MM's tryng to bring it up..
Posted by OILDOG on :
Because I ENJOY it!! Learn a lot that way.And it might keep a few newbs from losing their moola before they've learned the ropes.
Posted by iamfine on :
anyone got news yet? current PPS is at 0.14 now.
Posted by buckstalker on :
Oildog...you seem like a pretty smart guy and I respect your opinions, but do you realize that you could have made about a 50% to 60% profit since your first post about how big of a POS this company is?
Posted by ArmySGT on :
well tell me what to set my limit at so i can dump it lol
Posted by Hold-em-er-fold-em on :
Buck, Exactly! Im not in bed with this stock!
If and when it jumps enough for me I'm out!
And then I will move on!
Posted by Punisher on :
I see GREEN...
Posted by OILDOG on :
Made a few bucks on the first run. Not much cause I didnt risk much. If I waited for a legit pink/OTC, I'd NEVER get to do any dd They are all pretty much POS. And I dont limit that to just pink/OTC. See mm manipultion,triggering limits,ect on the "big" boards. Ive had fun drilling into this POS. As I said,learned a lot. Dont worry, it'll run.
Posted by ArmySGT on :
so any type of news yet???? If i was there i would call myself but since I am in Iraq its not that easy
Posted by gfinney on :
Nothing so far. Wally world or whatever his name is, has been quiet.
Posted by iamfine on :
well, the later, the better. as long as the PR news is good enough, PPS should be up. just put another buy order at 0.125. has been there for a while. not sure whether it is getting through though.
Posted by ArmySGT on :
PGPM -- Pilgrim Petroleum Corp. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
StockTargets Inc.: Investor targets increase on Pilgrim Petroleum Corp. stock (Pink Sheets: PGPM) following a recent analyst recommendation
May 26, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on Pilgrim Petroleum Corp. (Pink Sheets: PGPM), following a new recommendation. Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich http://www.ttszurich.com. Investors now forecast the stock rising to approximately US$ 0.26 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.225 recently.
The 12 months target by TTS Zurich for the stock is US$ 0.32. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=pgpm.pk. Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Pilgrim Petroleum Corp. website is http://www.bpetroleum.com.
Pilgrim Petroleum Corporation, Inc. was formed for the purpose of development and operation of oil and gas properties with proven reserves. The Company's strategy is to focus in domestic areas where major oil and gas producing companies have reduced their exploration efforts to move offshore and overseas in search of the larger reserves. Considerable oil and gas in proven fields remain to be exploited by well-managed independent oil companies capable of extracting these reserves at lower risk and lower cost than unproved prospects.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc. Tel: +41 22 700 7648
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
(C)1994-2006 M2 COMMUNICATIONS LTD
-0-
Search for Dun & Bradstreet reports on this company.
Posted by gfinney on :
So that was neither From Gustavson or Pilgrim right?
Posted by ArmySGT on :
no
Posted by gfinney on :
Well, if the swiss like PGPM; SO DO I!!! Posted by ArmySGT on :
lol yeah definitely, come on PGPM some PR would be nice!!!
Posted by Tyson Grand on :
Amen for the Swiss...
Posted by ArmySGT on :
well i sent an email to Mr Pinedo just now lol, from my military email!
Posted by iamfine on :
it doesnot look too good on this outside PR. the twelve month targe is between 0.20 and 0.32 level. if this is true projection, then what kind of impact the evaluation PR today or next Tuesday will have on the stock?
Posted by ArmySGT on :
good question but who the heLL is that ttzurich place and talking about revaluation, are they basing it on what is know or what is projected?
Posted by SanDiego_Joe on :
They are basing that target estimate on UNSUBSTANTIATED reserve levels. That target could change in a heart beat when the Gavestan evaluation comes out and IF it is as stellar as PGPM claims.
In the meantime, I'll gladly take an 8% increase today....a nice controlled ascent.
Posted by ArmySGT on :
4 greens, slowly moving out of 3 reds gotta have faith, i see excitement on my Aret post and i ended up dumping it for a $20 gain lol
Posted by ArmySGT on :
some more big sales are showing up
Posted by SanDiego_Joe on :
sales or buys? If people are selling big the pps is sure holding up rather well.
Posted by Repoman75 on :
No PR yet... could it be.. Tuesday like I said?
It's Amateur Hour at the Apollo on this thread.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: No PR yet... could it be.. Tuesday like I said?
It's Amateur Hour at the Apollo on this thread.
I went to the bathroom and look what fell out!
It was REPO!
I thought you werent posting here anymore!
Your like a turd that won't flush!!
Posted by Dardadog on :
Nice size blocks.........
Posted by ArmySGT on :
quote:Originally posted by Repoman75: No PR yet... could it be.. Tuesday like I said?
It's Amateur Hour at the Apollo on this thread.
cool Repo, I will acknowledge it tomorrow or something. Thanks for being a member of the Apollo Comedy hour with us. Cuz we definitely need crappy talent surrounding us to make us look better
Posted by gfinney on :
Well, we closed at .12 like you said yesterday and it looks like another flat close today REPO so your batting a thousand. I'm suprised people are buying this stock at all based on your bashing. What a bunch of morons. What's your motive on the constant negative posts and the "amateur hour" comment? Especially if your long like you claim.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Dardadog: Nice size blocks.........
Very nice buys coming in!
Posted by SanDiego_Joe on :
REPO........it's actually become ODD, weird that you continue to post here considering:
1) YOu swore this thread off 2) You think this stock is a POS 3) And you think we are all a bunch of idiots
YET, you still come here. You can't resist posting. You enjoy the drama and engagement with others. Shows a subtle sign of instability and sickness, albeit small, still an "issue."
It's like saying " I hate sticking nails in my nut sack, will someone please stick me with a nail in my nutsack?"
Creep.
Posted by iamfine on :
very funny. whether the PR is out later this afternoon or next Tuesday, today is definitely a good holding day, at least till now it has been so. supposed that target estimate has nothing with the PR evaluation, and the evaluation turns out to be positive, then things will be huge. otherwise, no good.
Posted by Hold-em-er-fold-em on :
" I hate sticking nails in my nut sack, will someone please stick me with a nail in my nutsack?"
I cant stop laughing!
Joe that is some funny CHIT!
Posted by ballyman on :
Oh man, I bought fell out of my chair!!!! LMAO!!!
Posted by gfinney on :
Willie Mac speaks....
First post.. Well if you see a block for 125,000 shares that was me, I broke down and bought more, and am pissed I didnt do it last week at under .10. Oh, well, I am confident that the new evaluation will be at least half if not the entire 900 million and expect us to go and stay above .20 if that is the case. Hope we get it this afternoon. I hate long weekends!
Second Post...
I was hoping for something today but if not then I definitely beleive they will deliver the new eval on Tuesday and hopefully before market open.
The thing I dont understand is that Eddie said he thought there was going to be a PR yesterday afternoon that was going to address exactly when the evaluation was complete and when it would be posted. He has been dead on until now. If there is a PR today and it says that Tuesday they will present the new eval then he was just an afternoon off. If nothing happens today then I will have to wonder if I am getting good intel?
Posted by ArmySGT on :
Here is the news via Telefono:
They will come out with some preliminary announcments later for more investing and whatnot, but the big release will be next week on Tuesday. And he said keep investing and you should be really pleased
Posted by SanDiego_Joe on :
"They will come out with some preliminary announcments later for more investing and whatnot"
Huh? When is "later" and announcements for more investing? I didn't follow that, maybe I need coffee. Can you elaborate bro? Thanks!
Posted by gfinney on :
So here's my take on what happens. A PR comes out at about 3PM eastern. Just enough time for the stock to have a small run to .18 - .20ish. The PR states Gustavson report will be released on Tuesday and the company stands firm that they think people should buy as many shares as possible before hand. Volume alerts go off all over the place, people have three days to DD the heck out of this company. They find out that Gustavson has some REAL credentials and are a very substantiated expert in evaluating oil companies. Tuesday PGPM releases the final PR before the market opens, All the anticipation from the three day weekend causes a gap up open at .30 . Big gap brings big attention, we close above $1 dollar land on Tuesday! Beers are on Repo Tuesday night at your local pub. Just my .02
Posted by ArmySGT on :
thats what he told my wife, not sure if he meant before close or after hours but later, and the whole shabang on tuesday
Posted by ArmySGT on :
gfinney souds like a deal i will have a beer sent to him, but please no bashing the newbies, remeber where you came from.
Posted by gfinney on :
ArmySGT your beer's on me, with a shot of Jager for busting your hump in Iraq! You in Bagdad or somewhere more fun?
Posted by Teno on :
Pilgrim Petroleum Corporation Announced Today Details of the Most Recent Acquisition of Leases
May 26, 2006 14:44:01 (ET)
IRVING, Texas, May 26, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the most recent acquisition of leases for its current asset portfolio located in Wichita County Texas. It includes: Waggoner, W.T. EST. "B" Lease with a cumulative of 162,599 BO, Waggoner "AN" Lease with a cumulative oil of 15,949 BO; Patton Lease with a cumulative 17,544 BO and 1 MMCF, Burnett "EE" with a cumulative of 53,141 BO. They constitute approximately 30 wells in a marginal production area and include processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim Petroleum will focus on a development strategy for the most promising lease properties and the reactivation of additional wells.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "We are sure these acquisitions will add up a good contribution in our stream of revenues and in our asset portfolio. Pilgrim Petroleum is committed to growth and taking the necessary steps to value creation and long-term sustainability."
In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Posted by madOIL on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--May 26, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the most recent acquisition of leases for its current asset portfolio located in Wichita County Texas. It includes: Waggoner, W.T. EST. "B" Lease with a cumulative of 162,599 BO, Waggoner "AN" Lease with a cumulative oil of 15,949 BO; Patton Lease with a cumulative 17,544 BO and 1 MMCF, Burnett "EE" with a cumulative of 53,141 BO. They constitute approximately 30 wells in a marginal production area and include processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim Petroleum will focus on a development strategy for the most promising lease properties and the reactivation of additional wells. Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "We are sure these acquisitions will add up a good contribution in our stream of revenues and in our asset portfolio. Pilgrim Petroleum is committed to growth and taking the necessary steps to value creation and long-term sustainability." In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Posted by Teno on :
beat ya
Posted by madOIL on :
lol looks like it!!
Posted by Repoman75 on :
What are my motives for bashing here? I am short, through my Cayman's account, 500K shares at .14.... when it hits .08, I will cover.
Death to this POS.
Posted by TINPOZ on :
its not running................
Posted by SanDiego_Joe on :
1) More wells= more revenues/company value 2) Gustavson report delayed, but will be out early next week (Tuesday) 3) Explanation of why the report is important, ASIDE FROM the value of PGPM, sounds like they are talking about the audit status and ultimately moving off of the pinks and becoming fully reporting.
Good PR!
Posted by Stockstar69 on :
well done!
Posted by SanDiego_Joe on :
WOW, I finally found the ignore list option. SEE YA REPOMAN!!! ya, I know....you'll respond again, but you are ignored so it falls on my deaf ears.
Posted by J_U_ICE on :
PGPM News !!!!!
Pilgrim Petroleum Corporation Announced Today Details of the Most Recent Acquisition of Leases
May 26, 2006 14:44:01 (ET)
IRVING, Texas, May 26, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the most recent acquisition of leases for its current asset portfolio located in Wichita County Texas. It includes: Waggoner, W.T. EST. "B" Lease with a cumulative of 162,599 BO, Waggoner "AN" Lease with a cumulative oil of 15,949 BO; Patton Lease with a cumulative 17,544 BO and 1 MMCF, Burnett "EE" with a cumulative of 53,141 BO. They constitute approximately 30 wells in a marginal production area and include processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim Petroleum will focus on a development strategy for the most promising lease properties and the reactivation of additional wells.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "We are sure these acquisitions will add up a good contribution in our stream of revenues and in our asset portfolio. Pilgrim Petroleum is committed to growth and taking the necessary steps to value creation and long-term sustainability."
In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.
About Pilgrim Petroleum Corporation.
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/26/06 0.1400 0.1400 0.1210 0.1300 +0.0050 1466648 +4.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 20% - Buy 20-Day Average Volume - 11442890
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 4640238
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 2522315
Overall Average: 40% - Buy
Price Support Pivot Point Resistance
0.1250 0.0883 0.1183 0.1483
Posted by CMoney on :
So we got our PR about the PR. Whose call was that?
C$
Posted by Hold-em-er-fold-em on :
come on lets get into the 14's or 15's for tuesday morning!
Posted by Hold-em-er-fold-em on :
Printing some nice .139's
Posted by iamfine on :
now, i am wholly green already. come on, let it fly.
Posted by Hold-em-er-fold-em on :
UBSS get your butt out of the way !
Posted by js49886 on :
bid is up to .137
Posted by iamfine on :
looks like close at 0.14. very nice last one hour play.
Posted by Hold-em-er-fold-em on :
He tightened the gap right up!
Lets close in the .14
Posted by SanDiego_Joe on :
.14 would be great! Fingers crossed.
Posted by STOCK STAR on :
pr about the pr was a good call!
Posted by SanDiego_Joe on :
.139 is good enough for me for a steady, controlled 11.2% gain for the day.
Have a great weekend to all, HERE'S TO TUESDAY and hopefully a blockbuster run next week.
Posted by Hold-em-er-fold-em on :
Yep, nice close
Have a good weekend everyone! We have a good start to week to look forward too.
Posted by gfinney on :
Another day with over 2 million in volume and a positive close!! Lets all do a rain dance for a positive PR on Tuesday! Come on EXXON, take a look! Wanna buy a cheap oil company?
Posted by ArmySGT on :
mmmmm jaeger bombs! I am in Taji Iraq, just north of Baghdad proper, but just as busy, I am with the Helos so... youve seen the news. 6 more months out here!! I love it, and the news makes things look a hell of a lot worse here, then it is for everyone. Remember only the bad stuff makes it, and for a whole country we sure only get as much cover as a good day in any other normal city in the states.
COME ON PGPM! Love the PR for the PR for Tuesday hahaha. The more the better.
Posted by Johnwayne on :
ArmySGT- what you said confirms the suspicions of many that things are alot better over there than we are led to believe.
I want to extend my gratitude to you and everyone in the military presently and that served in the past. Enjoy Memorial Day, the best that you can, and please return home safely. God bless the USA. Millions believe in the cause.
Posted by gfinney on :
Ditto that JohnWayne! ArmySGT we're thinking about you and your boys out there this weekend. Have a great memorial day! If there's a patriotic bone in Pilgrim's company, they'll get this PR out for you! (a little wishful thinking).
Posted by ballyman on :
Geared up and ready for this thing to rock-n-roll!!
ArmySGT thinking about you, play it safe brutha!! Smart on your part playing that "extra" dough your getting while stuck over there. When I was in, when I was younger and dumber, stocks were the furthest thing from my mind. Hats off to all the men and women looking out for our azzes over here stateside. Have a great looooooooooong weekend all!!
Posted by ArmySGT on :
ok honest opinion, where do you think I should set my sell limit at? I dont want to get burned on dumping all my money into this and lose it all because of time difference. PM me with your suggestions
Posted by Hold-em-er-fold-em on :
quote:Originally posted by ArmySGT: ok honest opinion, where do you think I should set my sell limit at? I dont want to get burned on dumping all my money into this and lose it all because of time difference. PM me with your suggestions
SGT,
If i knew where this would run too I would be glad to tell you my plans for exit. These are just too unpredictable to tell.
If this runs too .20 I will sell half of my shares around there and hold the rest to see where it goes.
The typical rule here is to sell on the news and buy during the anticipation. I,m not sure where you bought in at, but be sure to take some profits off the table when you can. These like to cool off real fast after they release news. Good luck to us all on this one!
Thinking of you and all defending our freedom every night in our family prayers.
Posted by cm3i on :
I talked to the PR guy at PGPM Fri morning and he told me that they would put out a release late Fri, and also another on the details of the evaluation on Tues. He did mention the 30 cent range to me. Take it with a grain of salt. Hopefully we will all score well. I think this stock also has the long term potential as well as the DT aspect.
Posted by ArmySGT on :
definitely good looking out, several people gave me similar advice. Ride it for the first day sell some and see what else you can milk
either way I will come out ahead of where I started, got in at the low and bought some at .13
so I have a nice share going on in there
Posted by Hold-em-er-fold-em on :
Keep an eye on this tuesday, and watch for the evaluation news to arrive
Posted by crappybob on :
I don't have any limits set on this stock because I really don't have any idea what it will do. Usually on these penny stocks I set my sell limits right after I buy them and then just wait, but for this one, I don't know. I am only holding 1000 shares so I can afford to wait and see with this one. I think I might sell half at .30 or .50, just depends on what happens.
Posted by gfinney on :
The suspense is killing me! Come on 10 dollars or more!!!!! Posted by timber11 on :
did anyone actually get in on this at .0001?
Posted by TINPOZ on :
anyone really expect this to hit .30 or better in the next few weeks????????? I really hope it does, but man thats a serious jump, no????????????
Posted by lostone on :
so tomorrow's the day.. my game plan depends on the news... if it is substantial then i think i would hold it til wednesday to act, but if the news is so so, then sell same day.. can't wait til tomorrow, too bad i have a big exam, so won't be watching it much... sux.. glta of us..
Posted by ArmySGT on :
yeah no doubt, sacrifizing my sleep for this one! GO PGPM
Posted by OILDOG on :
quote:Originally posted by cm3i: I talked to the PR guy at PGPM Fri morning and he told me that they would put out a release late Fri, and also another on the details of the evaluation on Tues. He did mention the 30 cent range to me. Take it with a grain of salt. Hopefully we will all score well. I think this stock also has the long term potential as well as the DT aspect.
AHHH, the anticipation. They put out a "monster" pr, do the pps calculations for us (we're ssooo stupid), claim $33 per share value, and now Eddie mentions 32 CENTS??? If it was worth $33 bucks THEN, its worth 33 NOW!!! I'll sell mine to Fast Eddie RIGHT NOW for $15/share. Posted by lostone on :
wow, up to .15 before the news.. i like it!
Posted by Repoman75 on :
Buy the rumor, sell the news. My 500K shares short at .14 will pay out nicely by Friday.. you'll see.
Posted by lostone on :
quote:Originally posted by Repoman75: Buy the rumor, sell the news. My 500K shares short at .14 will pay out nicely by Friday.. you'll see.
u better hope so, since u're already losing money
Posted by rocked on :
this thing is holding for news..
Posted by Tyson Grand on :
Ace is now a man...congrats!
Posted by acemidland on :
I am not going to allow this to progress any further...thanks for noticing tho.. Posted by acemidland on :
where the hell is this pr??
Posted by gfinney on :
My guess is a noon PR! Twenty minutes! (I HOPE!!)
Posted by Dardadog on :
My guess is PR due at 12:15pm.........
Ruff!!!!!
Posted by acemidland on :
hopefully...
Posted by acemidland on :
This is probably the last chance for anyone to add shares....im adding a few more...why not...
Posted by Dardadog on :
Well, I guess I missed that call.......
ruff
Posted by Hitman on :
Gr8 News will come..... I did major "DD" on this co b4 i bought it.... Everything is up and up... they cant release any news till they get it .... hold on.. IT WILL COME
Posted by acemidland on :
same here hitman...everything looks up...just need some solid info to back it up....
Posted by gfinney on :
There's a guy on I H U B claiming to hold 500K shares of this. Thats $70,000!
Posted by acemidland on :
i like that thinking...big money, fast money....this ones a winner...
Posted by Repoman75 on :
Well, I'm short 500K shares at .14 .. does that mean I'm a somebody too?
Posted by buckstalker on :
NO!
quote:Originally posted by Repoman75: Well, I'm short 500K shares at .14 .. does that mean I'm a somebody too?
Posted by SanDiego_Joe on :
Ace, whoever wrote that line is hysterical. Posted by acemidland on :
I agree.
"Ace, whoever wrote that line is hysterical."
Posted by Dardadog on :
Repo.........sometimes yer the bug....sometimes yer the windshield......
Posted by buckstalker on :
Well put Dog....
Posted by acemidland on :
"I just dont know how to quit you" this thread is repo's brokeback mountain.....and at the end of the day hell take in the back in similar fashion....lets go PGPM
Posted by JohnDoe on :
Where's the "BEEF=PR's" we're all waiting for? i'm in at .125 still green i want to see it goes .20+.
Thanks
Posted by Dardadog on :
............that would make him reapholeman wouldn't it?................
Posted by Repoman75 on :
I think I'll cover my 500K short position at .09.
Posted by JohnDoe on :
damn..repo wish i was in at .09 lol
Posted by Hitman on :
If u guys keep it up... with the stupid stuff.. this board wil become as useless as the other sights...... please dont ruin a good thing!
Posted by money? on :
ok, everyone IGNORE repoman and just go on talking to each other and post DD so that true investors can read. if someone out there wants to post negatives about pgpm. please show proof behind statements. thanks and im excited because i need this one to go up since right now since my IPRE shares are not looking to great right now. haha but they will go up eventually
Posted by SanDiego_Joe on :
it's not working, sir. Let me check........yep, there it is........streamer says we are up over 4%.
Posted by gfinney on :
I hope your dumb enough to short this REPO! Let me know when you want to cover and I might knock a few cents off the PPS when it's over a buck.
Posted by Tyson Grand on :
sounds like everyone here's got a roll of pennies in their pants...
Posted by Repoman75 on :
Gfinney, I'll let you know when I cover... don't worry.
Posted by acemidland on :
I have a brother who you reminds me of you repo. Loves to gamble, but always loses. This is because he'd rather lose the farm on the underdog 9/10 times just to tell everyone he had the underdog that one time. Its kinda sad, but funny * the same time. Like watching someone get decapitated in a high speed motorcycle accident. You feel bad for him but at the same time you can't help thinking "what a fool..."
Posted by Repoman75 on :
Profile for SanDiego_Joe Member Status: Biggest Tool on the Planet Registered: May 15, 2006 Posts: 55 Member Rated: (Votes: 4) Location: San Diego Occupation: Eating man azz
Posted by PEP on :
Why dont you all go someplace else and settle your little spat.
Posted by acemidland on :
Tyson speak for yourself...More like a roll of silver dollars over here homeboy...
"sounds like everyone here's got a roll of pennies in their pants..."
Posted by Repoman75 on :
PEP - there's no spat here. I am short PGPM at .14, therefore, I don't believe that the stock is going to do well. I think it had its great run a few weeks ago, and now, is merely a fluff PR machine.
HOWEVER, some of the posters here believe that Allstocks was created for people to only PUMP their stocks. They can't stand hearing any other idea contradictory to it.
So I wlll continue to be critical of PGPM until I cover at .09. Then... if I go long, I may change my tune.
Posted by acemidland on :
Dude, whats an internet stock forum without some accusations of homosexuality, sex with another's wife, and attacks on one's genitalia....? Its all part of the game my friend...
Posted by Tyson Grand on :
homeboy? guess again...and a roll of silver dollars is about 4 1/2 inches long, nice schwanger, schwinster...
Posted by rimasco on :
Cool a brawl!.....im bored
KICK HIS ASS SEA-BASS!!!!!
Posted by rimasco on :
OHHHHHHH SNAP!!!!!!
Posted by buckstalker on :
Well....there goes the neighborhood...
Posted by gfinney on :
From another board...
I just got off the phone with Eddie again. The report is supposed to be a major release. Pilgram is getting everything inplace before the release of the report. Look towards the end of today or after the bell. Eddie has a call in to check the status.
Everybody sit tight it will happen
Posted by SanDiego_Joe on :
REPOMAN says I never bring DD to this forum. I think those of you who know me a bit know that's TOTALLY false. In fact, here's a little tidbit to hold you over.......and REPO, everyone, you ARE very welcome:
Joseph
Very soon...
Thanks
Rafael Pinedo
----- Original Message ----- From: "XXXXXX" To: rpinedo*bpetroleum.com Subject: Good morning Date: Tue, 30 May 2006 09:59:19 -0700
Mr. Pinedo,
Can the shareholders expect a press release today regarding the results of the evaluation? Thanks for your valuable time!
Regards,
Joe
Posted by SanDiego_Joe on :
Actually, thank Mr. Pinedo for being so communicative and responding so quickly. Nice guy.
Posted by rimasco on :
"it does this when its told unless it gets the hose again"
Posted by SanDiego_Joe on :
REPO brings insults and negativity.......I bring DD and updates. Difference is clear. Unfortunately I am human and get caught up in his sad world. I apologize.
Everyone have a GREAT day.
Posted by PEP on :
What happened to dont ask, dont tell??
Posted by acemidland on :
maybe a short smoke-stack....dog
Posted by Hitman on :
Not affended by the attacks on people, wife, son ect..... it is the lost time and wasted time having to get past the noise thats the problem.... Other posts on this board are not doing all that "Waste of time stuff" Cant figue out why everyone thinks people are affended with that "Stuff" Not affended at all just a wast of time...... Pf you need it inorder to trade "Pinks" then your in deep trouble.....
Posted by rimasco on :
Its called mid-day boredum when 2-3 oclock rolls around everybodys usually snaps back into reality
I happpen to enjoy a little scrappin
Posted by Repoman75 on :
quote:Originally posted by Diego_Joe: People get banned here WAY too easy inspite of bringing great DD to the board. And yet others who are 100% abrasive ALL the time are allowed to remain. WOW.
Who is abrasive? Sorry to spoil your PUMPING, but I am merely stating my views of PGPM.
1. Was a great stock when Superman called it at .0013. 2. Had promise when they stated that Chinese/French lease agreements were possible. 3. Became a dog when later PRs were fluff, and they required a new evaluation.
I believe now, especially on some of the stuff that Oildog has posted, that this is a just a fluff company. Until they prove me wrong, I am shorting the stock. You go long, I go short.
Don't get offended, and enjoy the 1 star.
Posted by iamfine on :
as long as the news not out, everything will be still in uncertain. it is good, but risky, to project something about the stock. but, it is also verfirying the saying, "the higher the risk, the higher the profit will be". the question is, can we afford the risk?
Posted by acemidland on :
iamfine - one star for managing to say nothing while still saying something...id rather hear the mother jokes and other nonsense....wheres this PR!
Posted by acemidland on :
if this pr drops after the bell theres gonna be some heavy action tomorrow morning...
Posted by Dardadog on :
I'd rather have a sister in a whorehouse than a brother with two stars claiming to be able to short this stock.............
Ruff!!!!!
Posted by Repoman75 on :
Dardadog - offshore accounts.
Posted by buckstalker on :
Repo...doubtful
Posted by acemidland on :
Actually a step-sister in a whorehouse would be optimal since there is no blood relation and she'd prolly cut you a family discount.... Posted by iamfine on :
looks to me, the stock has been holding pretty well since this morning. I believe more people have the faith on this stock, at least the evaluation. if the PR is good as expected, then it will not matter with the time, today, before or after bell, or even tomorrow, before the bell. words said the PR would be out today. it certainly didnot like so yet since volume is not too big to show that. I am a little doubtful that the PR will be out before the bell. but, it is fine if it is out after bell, as long as it is as good as we thought. to be honest, i sold half of my shares, just in case to get burnt again.
Posted by jordanreed on :
can you short a stock under 5 bucks?
Posted by Hitman on :
Is there a way on this board to "Ignore" certain posters... other boards have that... anyone know how to do that on this board?
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Hitman: Is there a way on this board to "Ignore" certain posters... other boards have that... anyone know how to do that on this board?
Click on the name of the person you want to ignore, and you will find the feature in they're profile!
Posted by syracuseO on :
Guys, let's not get ahead of ourselves, and, possible be dissapointed later today.
The PR, I believe, stated "early next week " not Tuesday.
Another shareholder emailed Pinedo this morning asking if there would be a PR sometime today....the reply came back "very soon" .
So, interpret how you wish......but these are open statements from PGPM and Pinedo....with NO specifics other than our interpretation that it will be SOON.
I am in anticipation as well......it has been too quiet for the last 4 weeks.....but, the PR will some in due time....hopefully sooner rather than later.
Posted by acemidland on :
yeah dude..you click on their name and add them to your ignore list, which im sure you already knew. Stop trying to make a public statement by asking something you already know...reminds me of my girlfriend on her period.....
Posted by Hold-em-er-fold-em on :
Nice size buys coming in now!
Posted by acemidland on :
Good volume...
Posted by Hitman on :
Thanks for the info... I am new to msg boards.... Have only tried a few and so far this is the only board that has it together... thanks again I drive a truck over the road and just got hooked up with wireless ... until now i have not been able to go online much and did most of my traded on the cell phone
Posted by Hold-em-er-fold-em on :
Someone is definately loading up the truck here!
Posted by gfinney on :
Repo is in the hole for 5K * .15!!
Posted by js49886 on :
60k buy * .15
Posted by Repoman75 on :
So far gfinney, you are correct.
Posted by ArmySGT on :
well I see that while i was sleeping in we managed to move up .01! and no news yet?
Posted by Dardadog on :
31 buys and 5 sells in the past hour and ten. Last 9 straight are buys with a couple of nice size blocks. Purculatin' like coffee on a hot fire........
Ruff!!!!
Posted by ArmySGT on :
0.145 17933 OTO 14:38:33 0.142 20000 OTO 14:38:33 0.145 5000 OTO 14:36:27 0.15 80000 OTO 14:36:27 0.15 6366 OTO 14:36:27 0.145 50000 OTO 14:25:28 0.145 10000 OTO and so on and so on nice!
Posted by Dardadog on :
quote:Originally posted by Dardadog: 31 buys and 5 sells in the past hour and ten. Last 9 straight are buys with a couple of nice size blocks. Purculatin' like coffee on a hot fire........
Ruff!!!!
456,538 shares bought and 39,000 shares sold on those trades.......
Ruff!!!!!
Posted by gfinney on :
anyone got a L2 on this bad boy? Can we take down .15 before the EOD?
Posted by PCola77 on :
It won't go above .15 unless Nite moves from the ask.
Asks .15 Nite x 100 .15 UBSS x 1 .16 HDSN x 1 .16 ETRD x 1 .21 DOMS x 1
Posted by OILDOG on :
Anyone notice Diego_Joe's post disappeared? My screen refreshed several times,thought it was going to lockup. No more D_J, SanDiego_Joe too? Bob finally flushed them to the bottom of the cesspool under the "noogets" where they belong? MOMO>alex_momo>momo_stewart>SanDiego_Joe>Diego_Joe all same (I suspect). The instant attacks,instant filthy mouth, "great dd" typical momo paid for scam. Fast Eddie Monet here too. Pinedo answers emails because he has NOTHING ELSE TO DO!!!! Foreign national imo,scam, will squeeze more oil out of his hair than those worn out leases. They claim 900 million bbls, almost twice the proven reserves of the state of Oklahoma!!!!! Lets have a little reality here!!
Posted by Repoman75 on :
You said it OilDog. Score 1 for the good guys.
Posted by Hitman on :
Wow.. Gr8 News.. Now time to make lots $$$ with PGPM Posted by ArmySGT on :
what is great news??
Posted by OILDOG on :
I dont see "it". Care to share the "news".?
Posted by Hitman on :
Oops. sorry... was refering to the guy b4 me who noticed that certain posters are off the board... Didnt mean to tie it to PGPM.... My Bad
Posted by Matrix Trader on :
There is no news yet...
Posted by ArmySGT on :
dont scare me like that! lol
Posted by SoCal_dblhelx on :
Nothing more ridiculous than people who hate a stock yet still post on the internet nonstop. REEEEKS of loneliness/mental handicap or paid basher. No other choice.
Posted by Repoman75 on :
Hey, it's San Diego Joe with his new username... banned twice in 1 day. Going for 3 big guy??
1 star for you.
Posted by SoCal_dblhelx on :
Thank you for the star sir, not quite sure what they signify yet, just joined.
Good luck to all, it appears we have a stock here that is on the rise.
Posted by js49886 on :
ask jumped to .16 after the bell
Posted by Repoman75 on :
Sir? You better call me sir.
Posted by ArmySGT on :
is it the same IP address for sandiego joe and this new guy?
Posted by SoCal_dblhelx on :
"Repoman" as you call yourself, not quite sure why you are so confrontational with me, are you this welcoming to all new members? I've spent the last 20 minutes reading back as far as I can and ALL of your posts, 100% of them, appear to be rather angry and combative.
I am here to discuss my investments with other individuals, not E-argue on the internet with aggravated strangers. Good luck to you, sir.
Posted by OILDOG on :
quote:Originally posted by SoCal_dblhelx: Nothing more ridiculous than people who hate a stock yet still post on the internet nonstop. REEEEKS of loneliness/mental handicap or paid basher. No other choice.
Or "nothing more ridiculous" than paid pumper desparately trying to stay in his scam and earn his "pay". You are SO obvious momo. Rat with a pea brain, running the maze the same way,time after time after time. Filthy mouth,filthy brain, nooget eater. As for "hating" a stock, NOT. If it makes me money,fine. I dd and post for my own satisfaction and entertainment. I'll play it with everybody else, no stacked deck,rigged game necessary like you and the other rats. Ill take a gamblers share,win or lose, and NO complaints.
Posted by Repoman75 on :
Sure is the same ArmySGT.
By the way Sarge, FRPT contracts tomorrow AH! Are you still in that.
Posted by maumee river rat on :
He is an abused child, But we love him...LOL
Posted by SoCal_dblhelx on :
ARMY, that is the third reference I've seen so far to this individual san diego joe. I did a search for his name and it appears he had friction with a couple of posters, however, posted quite a bit of DD, as well as correspondence with the CEO of PGPM.
It looks as though he is banned from ALLSTOCKS, yet Repoman, who is purely combative, remains permitted to post here. Interesting dichotomy.
Posted by ArmySGT on :
no are you serious i sold to get more of this thing
Posted by maumee river rat on :
quote:Originally posted by OILDOG: [ Rat with a pea brain, running the maze the same way,time after time after time. [/QB]
Hey !!!! Easy on the RAT thing there Oildog!!!! LOL
Posted by PCola77 on :
If by some miracle you really aren't the same guy then that's one crazy coincidence that you joined within minutes of the other guy being banned.
However, I think it's pretty obvious that you're the same guy, and you're not even good at acting like you're not. It's almost painful to read, and I'm not even on one side of the argument for this stock or the other. At least make up that you're from somewhere other than San Diego or something for next time you get banned and re-sign up.
quote:Originally posted by SoCal_dblhelx: ARMY, that is the third reference I've seen so far to this individual san diego joe. I did a search for his name and it appears he had friction with a couple of posters, however, posted quite a bit of DD, as well as correspondence with the CEO of PGPM.
It looks as though he is banned from ALLSTOCKS, yet Repoman, who is purely combative, remains permitted to post here. Interesting dichotomy.
Posted by ArmySGT on :
i saw that but not too sure because its been doing that last couple of days
must admit the vehicles they provide are a blessing out here!
Posted by cactus33 on :
quote:Originally posted by SoCal_dblhelx: ARMY, that is the third reference I've seen so far to this individual san diego joe. I did a search for his name and it appears he had friction with a couple of posters, however, posted quite a bit of DD, as well as correspondence with the CEO of PGPM.
It looks as though he is banned from ALLSTOCKS, yet Repoman, who is purely combative, remains permitted to post here. Interesting dichotomy.
Guys chill on repo, if you listened to him you can make a lot of money..
Posted by rimasco on :
LOL
That was quick
LMAO!
Posted by Tyson Grand on :
I effing hate effing pilgrims...
Posted by OILDOG on :
quote:Originally posted by SoCal_dblhelx: ARMY, that is the third reference I've seen so far to this individual san diego joe. I did a search for his name and it appears he had friction with a couple of posters, however, posted quite a bit of DD, as well as correspondence with the CEO of PGPM.
It looks as though he is banned from ALLSTOCKS, yet Repoman, who is purely combative, remains permitted to post here. Interesting dichotomy.
"posted quite a bit of DD" ROFLMAO!!!! Momo, you NEVER post dd. Bravo Sierra PR's from a pink, emails from your handler/head rat (sorry Maumee)are NOT dd. Have you been taking first grade grammar? Dictionary in hand? But you always revert to filth in the clutch,dont you. Your lackeys (ACE) backing you up. You NEED help.lmao. Maumee, sorry, no offence intended. I was refering to the "nooget" rats. Posted by rimasco on :
LOL I think he was booted again?
LMAOOOOOOOOOooo
Posted by Repoman75 on :
ArmySGT - Well, I would expect you'll see more of those vehicles in that Hellhole you're in. The Iraqis will be getting them too, so they can't fight their own war at this point.
Watch the news after trading tomorrow.
Posted by lostone on :
geez! still no news.. so much for "early" this week.. not so early... well, there better be a buyout offer attached to this one..
Posted by acemidland on :
I dont understand why this forum allows a couple members to bash a stock and then bash people providing info on it. Its not right, it creates a buzz about that stock according to a couple posters on here....this is pure nonsense...Im really shocked it is allowed....Repo honestly, your posts are based on nothing, your bashing the stock pure and simple and it shouldnt be allowed...
Posted by ArmySGT on :
i will, trying to get back in, still well below what i got in last time
Posted by SoCal_dblhelx on :
pumper I am not. Not "momo" or whoever THE heck that is.
Posted by Sigma on :
I don't see how Repoman is "bashing" this stock "based on nothing". His opinion is based on no less factual information than those "pumping" the stock, and arguably more since it includes the countless outside sources of information that conclude that there's no friggin' way there's anywhere near "900 million barrels" under a few thousand acres of North Texas. If that's true I know a lot of land-owners around here that are unknowingly billionaires. What facts do the "pumpers" have? What the company said? Well, golly-gee, I can't imagine that'd be a little biased at best.
His posts might include a fair amount of juvenile name-calling but they also include a fair amount of healthy pessimism. All too often newbies especially get sucked up into the hype of 10,000% gains because seemingly everyone is unanimously stating that it will be so. And what happens? They're the ones that get caught holding the bag. And perhaps that's what you want, without buyers willing to buy at prices that they probably shouldn't, pinks would almost never go up in price, certainly not as much as they do. But there's nothing wrong with, and you should expect, what amounts to only a differing point of view; particularly when it's backed up with at least as many facts as your own. That's not "bashing" anymore than the other side is "pump-and-dumping".
It's irresponsible to at least not consider an alternative point of view. If you want to attack the "bashers" then attack their argument. Good luck with that.
Posted by SoCal_dblhelx on :
Repoman's pessimism is legit. He has potentially valid gripes. As you said, majority of his concerns, albeit potentially valid, are heavily cloake din juvinile metephor. However, this OILDOG individual is horrifically neagtive and aggressively combative. Goes even further with accusing peopel of being OTHER people.
Posted by ArmySGT on :
quote:Originally posted by Sigma: I don't see how Repoman is "bashing" this stock "based on nothing". His opinion is based on no less factual information than those "pumping" the stock, and arguably more since it includes the countless outside sources of information that conclude that there's no friggin' way there's anywhere near "900 million barrels" under a few thousand acres of North Texas. If that's true I know a lot of land-owners around here that are unknowingly billionaires. What facts do the "pumpers" have? What the company said? Well, golly-gee, I can't imagine that'd be a little biased at best.
His posts might include a fair amount of juvenile name-calling but they also include a fair amount of healthy pessimism. All too often newbies especially get sucked up into the hype of 10,000% gains because seemingly everyone is unanimously stating that it will be so. And what happens? They're the ones that get caught holding the bag. And perhaps that's what you want, without buyers willing to buy at prices that they probably shouldn't, pinks would almost never go up in price, certainly not as much as they do. But there's nothing wrong with, and you should expect, what amounts to only a differing point of view; particularly when it's backed up with at least as many facts as your own. That's not "bashing" anymore than the other side is "pump-and-dumping".
It's irresponsible to at least not consider an alternative point of view. If you want to attack the "bashers" then attack their argument. Good luck with that.
definitely good post!
Posted by lostone on :
no, a good post rite now would be that PR
Posted by js49886 on :
Either we got a winner or a looser, I guess we will find out soon. Hopfully its a winner, although Im not basing my moves on "hope"
Posted by OILDOG on :
SoCal_dblhxl>SanDiego_Joe (momo): "horrifically negative and aggressively combative" eh??? LMAO. Well la-dee-daa. I bring info,lease evaluation,their own financials, from THEIR OWN WEBSITE and thats unfair,horrifying to be sure!! Brought well production info from Texas RR Commission site too. The horror,the horror!! ROFLMAO This scam and its pumpers were JUST TOO MUCH TOO RESIST!!Too over the top,too obvious, like YOU. Good post SIGMA. Momo and rats like him NEED stuckholders to feel gooooddd about themselves.
Posted by SoCal_dblhelx on :
You couldn't POSSIBLY be any more incorrect........grossly incorrect. I'm sorry you feel so utterly compelled to write such intense messages. Lets all calm down, I don't particularly care to continue this......it's just ridiculously unnecessary.
By the way, Oildog, nope......I'm not this "momo" character. Nope, not a pumper and CERTAINLY don't work for PGPM. And right now, I'm slightly in the hole with PGPM, hopefully very soon to be out of the hole.
Everyone else.....GOOD luck, I personally think we can make EASY money on this investment.....who cares how or how long PGPM will be around or how legit it is....this is a momey maker so take it for what it's worth and fill your pockets with whatever cash you can get out of it. Nobody is saying this is the next EXXON, but it certainly can make everyone money.
Posted by Dardadog on :
Hi. My name's Larry. This is my brother Darryl and this is my other brother Darryl......
Ruff!!!!!!!
Posted by SoCal_dblhelx on :
Newhart Show. Funny stuff.
Posted by buckstalker on :
Hi Darryl...my name is Larry Darryl
quote:Originally posted by Dardadog: Hi. My name's Larry. This is my brother Darryl and this is my other brother Darryl......
Ruff!!!!!!!
Posted by Birkoff on :
Guys, is this still a good stock to get in, considering the fact that it already has come up so much lately.
I was trying to read the previous posts but there seem to be a lot of arguing back and forth.
What PR are you guys waiting for?
Posted by STOCK STAR on :
read the old news.It should answer most of your qestions.
Posted by ballyman on :
Well I must say that my confidence has definetly been dashed. When a company/persons distinctly say NLT Tuesday, that should mean NLT Tuesday. Early in the week is either Monday or Tuesday, being Monday was a holiday that then means Tuesday. Even if this stock does well I am completely annoyed that these people cannot keep their word. Now it is Wednesday, now when will the PR be out, this week, next???? DON'T FRIGGIN SAY YOUR GOING TO DO SOMETHING AND DON'T !!!!!!!!!!!!!!!!!!!!!!!!! If and when this blasted PR comes out it better be DAMMMED GOOD and worth the wait!!!!! Ok I'm better now. Posted by gfinney on :
Ditto Ballyman. Really good news, words like Exxon, Citgo, BP, Cash offer!!! Posted by js49886 on :
relax, lol.
They never specified a day in the PR, just said it would be early next week. anticipation is keepng me on the edge..
Posted by ArmySGT on :
PGPM -- Pilgrim Petroleum Corp. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
XsunX, Inc. (OTCBB: XSNX) is the developer of Power Glass -- an innovative thin film solar technology that allows glass windows to produce electricity from the power of the sun. This proprietary process is intended to allow manufacturers to apply a semi-transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX thin films are exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology has a number of major market opportunities in the worldwide architectural glass, optical film and plastics markets. Please visit the Company's website for more information: http://www.XsunX.com U.S. GOLD CORPORATION (OTCBB: USGL) "Up 8.04% at close on Tuesday"
U.S. Gold Corporation (OTCBB: USGL) engages in the precious metals and base metals mining business in western U.S. states and Mexico. Its activities include exploration, land acquisition, geological evaluation, and feasibility studies of properties; development and construction of mining and processing facilities; and mining, processing, and the sale of gold and other metals, and by-products. As of June 30, 2004, the company owned 45% interest in the Tonkin Springs gold property in Eureka County, Nevada, and approximately 36.5% equity interest in Gold Resource Corporation, which is exploring the El Aguila' gold/silver property in Oaxaca, Mexico. The company was organized in 1979 under the name Silver State Mining Corporation and changed its name to U.S. Gold Corporation in 1988. U.S. Gold is based in Lakewood, Colorado.
PATRIOT SCIENTIFIC CORPORATION (OTCBB: PTSC) "Up 6.83% at close on Tuesday"
Patriot Scientific Corporation (OTCBB: PTSC) has emerged as an effective and dynamic intellectual property company, developing and marketing innovative and proprietary semiconductor technologies. The Company's portfolio of proprietary designs encompasses what is believed to be fundamental ultra-low-power array microprocessor technology, as well as pending patents designed to protect Patriot's proprietary technology.
Detailed information about Patriot Scientific can be found on the website www.ptsc.com. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at www.hawkassociates.com and www.americanmicrocaps.com.
EL CAPITAN PRECIOUS METALS, INC. (OTCBB: ECPN) "Up 16.14% at close on Tuesday"
El Capitan Precious Metals, Inc. (OTCBB: ECPN) a development stage company, engages in the exploration, development, and mining of precious metals, iron ores, and other minerals in the southwestern United States. It owns 40% interest in the El Capitan mine located in Lincoln County, New Mexico. The El Capitan property consists of approximately 200 acres of mineral lands bounded by the Lincoln National Forest in Lincoln County, New Mexico. The company holds 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona. In addition, the company owns 100% of Rainbow Valley mine, which consists of approximately 1,720 acres located in Maricopa County, Arizona; and Weaver mines that consist of approximately 40 acres of land located in Maricopa County, Arizona. The company is based in Scottsdale, Arizona. El Capitan Precious Metals, Inc. is 66.1% owned by Gold and Minerals Co., Inc., as of September 30, 2004.
PILGRIM PETROLEUM CORPORATION (OTC: PGPM) "Up 7.19% at close on Tuesday"
Pilgrim Petroleum Corporation (OTC: PGPM) is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
PGPM News:
May 26 - Pilgrim Petroleum Corporation Announced Today Details of the Most Recent Acquisition of Leases
Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the most recent acquisition of leases for its current asset portfolio located in Wichita County Texas. It includes: Waggoner, W.T. EST. "B" Lease with a cumulative of 162,599 BO, Waggoner "AN" Lease with a cumulative oil of 15,949 BO; Patton Lease with a cumulative 17,544 BO and 1 MMCF, Burnett "EE" with a cumulative of 53,141 BO. They constitute approximately 30 wells in a marginal production area and include processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim Petroleum will focus on a development strategy for the most promising lease properties and the reactivation of additional wells.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "We are sure these acquisitions will add up a good contribution in our stream of revenues and in our asset portfolio. Pilgrim Petroleum is committed to growth and taking the necessary steps to value creation and long-term sustainability." In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.
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Posted by madOIL on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--May 31, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today results and explanation of Gustavson preliminary resource report, in addition to future plans to further valuate our properties. Pilgrim Petroleum's initial estimation of potential resources was based on an early or "pre-development" stage, in which estimates are restricted to volumetric calculations under predeterministic methods. According to Gustavson, Pilgrim Petroleum's portfolio of properties presents a high probability of drilling success, namely about 2 out of 3 exploratory wells are likely to discover oil or gas in amounts of 1 million barrels of oil or the equivalent in gas (4-6 BCF). Therefore, it is most likely that 4 fields (3 drilling targets on two land positions at 2/3 success) will be found. The P50 resource estimate is therefore 4 million barrels of oil equivalent. They also provided a rough estimate of approximately $10 million for the exploration/drilling campaign, through seismic, drilling and completion towards finding 4 million BOE with a market value of about $40 million. Gustavson`s preliminary report, is available at our website: www.apetroleum.com. Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Our next step is to start an economic evaluation under SEC rules, and immediately bring those values to our financial statements for the second quarter 2006, while we continue more selective acquisitions and partnerships, the value of the company is our highest priority. Pilgrim has a bright horizon. We plan to continue working with Gustavson Associates for future prospect domestic and international acquisition assessments."
Posted by ArmySGT on :
where did you find this? nice find
Posted by Stockstar69 on :
PR looks good! Nice how they explain the assumptions on the success rates.
Posted by OILDOG on :
heh heh. Quite a change from their original "estimation", is it not? Within the realm of "possibility" anyway. But they've had these leases since at least Aug '04. NO effort to rework old wells let alone drill new ones. Poverty Petroleum.....til May 1 anyway!
Posted by Hitman on :
Own 10,500 shares at .13 so i just put in a sell for 1/2 of shares for .89 .... i think it will hit (Hitman) this morning.... will have cash in hand plus free shares.
Posted by PCola77 on :
Wait, their original estimate was 900 million barrels, the new one is 4 million and two of you are talking about how good the PR was? I won't even comment on the .89 estimate by hitman.
Am I completely missing something?
I own shares of this, so I was hoping for something big, but this sure as hell doesn't seem like good news to me.
Posted by gfinney on :
Any Level 2 action?
Posted by hawkdriver on :
900 million was based on what the field might be able to produce, it they had never been touched. Pure volume of the hole, and in my opinion pure BS. I like the idea of 4 million this is a fairly realistic number, and it's not a bad number either
Posted by sportsguy on :
And back under .10 we go...
Posted by PCola77 on :
L2 bid 3x .1 ask 1x.11 1x.14 1x.16
Posted by pepa z depa on :
quote:Originally posted by Hitman: Own 10,500 shares at .13 so i just put in a sell for 1/2 of shares for .89 .... i think it will hit (Hitman) this morning.... will have cash in hand plus free shares.
another one of these perfect predictions made on allstocks. you will be lucky to sell it above .10 today.
Posted by Hitman on :
Miss-read my numbers... however it will end up on a high.... lots of oil there so company will make money... i will take the profit today
Posted by PCola77 on :
Again, correct me if I'm wrong, but I'm seeing $40million for the market value of the oil, - $10 costs = $30million. Divided by 322720011 common shares is 9.3 cents.
Now one thing that's confusing me is the fact that they put the market value of 4million barrels of oil at $40million which would be $10 a barrel. If you say the upper end is $70/barrel it puts the price per share range at .09-.63 or so. A far cry from $33 a share, so you won't see a huge price run like earlier, but it *shouldn't* completely tank, either.
We'll see.
Posted by acemidland on :
dude..lucky to sell it above .10? This **** drops below .10 ill buy more...no ay you'll see under .10...still a good amount of oil there. Who really believed this was a $33/share stock?! This will go up. Oil is about to go through the roof. Don't be stupid bro....you guys are way to into whose right and wrong on here....see boiler room one too many times....its ****in sad
Posted by jagman925 on :
Who the heck just took a big dump?
Posted by js49886 on :
lots of panic selling
Posted by PCola77 on :
I hope you didn't have too much in this ArmySgt. I know you were just hoping to make a few bucks while over there, hopefully this didn't do any significant damage.
Someone should hunt down that San Diego Joe guy and kick his ass.
Posted by ballyman on :
quote:Originally posted by js49886: relax, lol.
They never specified a day in the PR, just said it would be early next week. anticipation is keepng me on the edge..
Should go back and read old posts, Ed Monet did say NLT Tuesday and I personally confirmed it with Rafael Pinhead.
Anyhow looks like we got our PR, lotta good it did.
Posted by letitrideboy on :
way below .10 now :-) WEEEEEEEEEEEEEEEEE
Posted by js49886 on :
I said they never said it in a PR... oh well your right, heh
Posted by lostone on :
WTF!?!?!?! omg..
Posted by lostone on :
wow.. at least one of us is making money.. REPO! lol can't believe it..
Posted by acemidland on :
you guys got find something better to do. Did you really think this was gonna go to $33 today?!? Yo, they have a decent amount of oil...sit tight....its not gonna run 2000% but its still a decent stock. If you want that kinda money that quick play lotto....some of these guys here are short on the stock and want the panic selling....its a shame what goes on here...
Posted by Hitman on :
Well.. looks like the bleeding slowed down... wil b heading bk to 14 b4 the day is over?
Posted by acemidland on :
repo is still down money...newbies relax...
Posted by ballyman on :
quote:Originally posted by js49886: I said they never said it in a PR... oh well your right, heh
Ok no your right, my bad, I just thought it was important that someone stands beside their word, ya know integrity, whether in a PR or not, still representative of the company. Guess that doesn't matter.
Posted by js49886 on :
I think anyone who really thought it would got to $33, even $2 range within a day needs their head checked.
Posted by acemidland on :
this will see .14 again soon...this stock is still undervalued...its ****in oil....
Posted by js49886 on :
freaking bid is rebounding?
Posted by pennyaddict71 on :
I got 100,000 shares at .09.... thanks for the panic selling guys!
Posted by Hitman on :
Will buy 10,000 more if it goes to .08
Posted by acemidland on :
im in * .09 as well....suckers...
Posted by PCola77 on :
How is he down money? He shorted at .14. Seems to me that he's up 50%. You have no credibility left, if you had any in the first place.
quote:Originally posted by acemidland: repo is still down money...newbies relax...
Posted by js49886 on :
430k buy * .09
Posted by hawkdriver on :
I know penny, I love panic sells, they are always where the profit is, got $6K at .075 and this should make for a nice day.
Posted by acemidland on :
dont believe a word he says...dude i could care less what you think of me...i made a ton on this *****...
Posted by letitrideboy on :
nice buy hawk driver! That is exactly where I wanted to buy this morning but I didnt have the free money in my acount!
Posted by js49886 on :
I almost feel sorry for the poor _____ who bought that block * .12 just after this started
Posted by PCola77 on :
You say I shouldn't believe him. Fine, then he didn't short the stock. So then how is he down money? Can you explain it for me?
quote:Originally posted by acemidland: dont believe a word he says...dude i could care less what you think of me...i made a ton on this *****...
Posted by lostone on :
PC don't bother.. anyway, that evaluation shouldn't bring us down, it won't make us jump big as we had hoped but if u estimated with 4mill barrels, it's not bad.. considering the price of oil now..
Posted by PCola77 on :
I agree. Like I said a bit ago, it's not gonna have another huge run, but shouldn't drop any lower really. Just sucks that a lot of people bought into the pumping by SDJoe and that ace guy. I've been holding this since the beginning of the first run, so I'm not worried, I just hate when people intentionaly take advantage of newbies by throwing out ridiculous numbers and getting everyone all excited.
quote:Originally posted by lostone: PC don't bother.. anyway, that evaluation shouldn't bring us down, it won't make us jump big as we had hoped but if u estimated with 4mill barrels, it's not bad.. considering the price of oil now..
Posted by hawkdriver on :
I'm kind of new to this whole thread, and I haven't read to much of it. What was so bad about the PR that people jumped ship and got gobbled up? Did people really think there were 900mil barrels of oil. Hope not. I own this one now so take it for what its worth, but what is so bad about 4 mil barrels, add to this every well in area has performed better than the USGS said it would. Guess I dumb, I can understand alittle apprehention, but some people got played pretty well here today.
Posted by PCola77 on :
Yes, some people really did think there was 900million barrels of oil. Plenty of posters warned that there's not 900million barrels of oil in ALL OF TEXAS, but they were labeled bashers and shorters.
Other posters were saying things like "Well, even if they only have 50% of what they say, that's still $15/share. or if there's only 10% that's $3 a share!"
No one seemed to consider the fact that they'd have less than 1/2 of a percent of their claim.
quote:Originally posted by hawkdriver: I'm kind of new to this whole thread, and I haven't read to much of it. What was so bad about the PR that people jumped ship and got gobbled up? Did people really think there were 900mil barrels of oil. Hope not. I own this one now so take it for what its worth, but what is so bad about 4 mil barrels, add to this every well in area has performed better than the USGS said it would. Guess I dumb, I can understand alittle apprehention, but some people got played pretty well here today.
Posted by lostone on :
they need to release a follow up on this.. PGPM needs to get a hang of PR releases, they can't expect every invester to really understand the content of their PR without them saying it straight out.. unless they did it on purpose to drive the price down and for a buy opp. then release something else afterwards.. at least give us the same type of PR they did on May 1st, explaining in regards to the PPS..
Posted by acemidland on :
dude...this, just like any other pink play, was high risk and hype-laden...this forum should NOT ever be used as an end all and be all of stock moves...if it were this easy everyone here would be rich...you use it as a guide to assess the buzz on a stock and do your own research....I was in this stock and took a hit on my profits from this pr as well...I was not pumpin anything...this **** is risky...sometimes you take a shot sometimes you dont...its on you...dont blame others....
Posted by js49886 on :
ok, who's orders are those for 200 shares* .95 & .10, honestly
Posted by js49886 on :
woah wtf 23k * .0115 some BS is going on here
Posted by hawkdriver on :
Thanks PC, thats too bad. I read the PR, and It did say something like IF all of the 12,000 acres, contained oil. Anyway looks to me like this thing should be worth about 15 cents, based on no multiples.
Posted by syracuseO on :
The stock is now trading at what it's worth....09/share .
Gustavson report says value is $40 Mil, with cost of $10 Mil for exploration, seismic, drilling and completion to finding the oil.
$40 mil - $10 mil = $30 mil
$30 mil divided by 322,720,011 O/S shares = .09
PGPM is only valued at .09 ....nothing more until they purchase new oil sites.
Now, why would anyone want to buy into a company that lies to it's shareholders ?? Gee, they were only off by about 99% from their estimates.
I am out.
Posted by jigen3 on :
how big was the sell at 0.0115, lol
Posted by PCola77 on :
I'm going to start an oil company here is SE PA and say "If we owned all of Pennsylvania and every square inch contained oil, our share price would be conservatively valued at $100billion per share. Buy Buy BUY!!!!"
quote:Originally posted by hawkdriver: Thanks PC, thats too bad. I read the PR, and It did say something like IF all of the 12,000 acres, contained oil. Anyway looks to me like this thing should be worth about 15 cents, based on no multiples.
Posted by hawkdriver on :
Syracuse I figured like this 4 mil x 60$ = 24 mil 24 mil x 20% = 48mil 48 mil / 322,720,011= .148
PC I am going to bury a can of WD 40 in my yard, and sell right to drill into it.
Posted by js49886 on :
there were 4 orders executed * .0115
2 orders, .0115 * 1897 2 orders, .0115 * 23100
If they accually went throught, someone made out of the 23k one
Posted by hawkdriver on :
^^^^not 24 mil, but 240 mil in the math above.
Sorry
Posted by acemidland on :
you guys are suckers...your better off in Atlantic city...learn how the game works
Posted by acemidland on :
you guys act like your little feelings are hurt because you got suckered...heres an idea dont put the kids college money in penny stocks...other then that, nothings a sure thing. I really wasnt expecting them to say they had 900 million barrels of recoverable oil by any means but i figured they would have at at least 20....**** didn't work out...don't be mad about yo, **** happens
Posted by PCola77 on :
It's cool. You do what you have to do. Some people have morals and some are named acemidland. Just trying to help the newer folks learn that there are more people like you than we'd all like to believe.
Like someone else said, at least muggers have the decency to steal from you like a man, not hiding behind a computer.
quote:Originally posted by acemidland: you guys act like your little feelings are hurt because you got suckered...heres an idea dont put the kids college money in penny stocks...other then that, nothings a sure thing. I really wasnt expecting them to say they had 900 million barrels of recoverable oil by any means but i figured they would have at at least 20....**** didn't work out...don't be mad about yo, **** happens
Posted by lostone on :
it's weird how we haven't heard from Repo.. lol..
Posted by dalton05 on :
We will - Repo is the biggest basher on this board.
Posted by js49886 on :
Alot or all of the people who were bashing him owe him an appology...
Posted by GhostRM on :
How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by PCola77 on :
I can't say anyone owes him an apology, his tactics are a bit brash, and he often deserves the backlash he gets. But like someone else said yesterday, filter through the crap and he seems to know what he's talking about.
quote:Originally posted by js49886: Alot or all of the people who were bashing him owe him an appology...
Posted by buckstalker on :
You can't....
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by PCola77 on :
Not that we know if he's telling the truth or not, but he claimed to have shorted this at .14 through an offshore account.
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by GhostRM on :
Oh well, you can short if you can get European accounts open, or even Canadian... just have to have a legal address there.
Posted by Hold-em-er-fold-em on :
I didnt think you could either! Thats why I dont believe a word he says.
Read his posts the guy contradicts himself numerous times.
Take some time and read through the pages of this thread and you'll see for yourself!
quote:Originally posted by buck*******: You can't....
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by buckstalker on :
True...claimed to be long in the stock one day then short in it the next...lesson here...don't believe most of what you read here...
quote:Originally posted by Hold-em-er-fold-em: I didnt think you could either! Thats why I dont believe a word he says.
Read his posts the guy contradicts himself numerous times.
Take some time and read through the pages of this thread and you'll see for yourself!
quote:Originally posted by buck*******: You can't....
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by PCola77 on :
I agree wholeheartedly with the point about not believing what you read here, but I have to point out that being long in a stock one day and short another day isn't necesarily a contradiction. If he bought low, sold high, then short sold because he thought it would drop back down, he would indeed be long one day and short the next.
quote:Originally posted by buck*******: True...claimed to be long in the stock one day then short in it the next...lesson here...don't believe most of what you read here...
quote:Originally posted by Hold-em-er-fold-em: I didnt think you could either! Thats why I dont believe a word he says.
Read his posts the guy contradicts himself numerous times.
Take some time and read through the pages of this thread and you'll see for yourself!
quote:Originally posted by buck*******: You can't....
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
Posted by acemidland on :
dude..thats what im saying...people play the devils adovcate here just to bust balls...dont believe a word you read...everyone knew the ****in co didnt have 900 million barrels of oil, but we were hoping for a more positive pr to drive this thing up. This **** went to 28 cents on hype, it can do it again. people these are p-e-n-n-i-e-s. its all hype and buzz. repoman is full of ****. he has bashed a bunch that ran and pushed many that fell, he happened to be right on this one. I never thought he was totally wrong. I agreed they didnt have 900 million barrels of oil. Just thought theyd have a better pr. get over it. nothing immoral about it. I had my money where my mouth is.
Posted by Hitman on :
Learning lots bout trading from u guys.. Thanks... Hey penny stocks are lots safer that the commodies market... al least you cant loose more than u put in... so with pennies the risk is small and the reward can b gr8... I never put all my eggs in one basket... i "Hit" at least one out every 3 or 4 buys.... so over all i am up.... keep the info comming ... still learning!
Posted by OILDOG on :
tnx ace,I WONT believe a word YOU say,potty mouth. So NOW "everyone knew". LMAO. As for where your mouth is and whats in it....dont EVEN want to think about it!!!
Posted by acemidland on :
your funny man.....i could care less what you believe. i bet you feel real good about this one....being right on an internet forum. Yo straight up, im worried about my cash, i could care less about being right dog. I hoped they had more then what they said they did. As a matter of fact I bet some of my money on it. Never thought they had 900 million barrels. never cared whether they did or not. Just want to make a quick buck dog. On to the next play. quit catching feelings.....seriously.....its kinda weird..
Posted by acemidland on :
Somehow I became the scape goat on this one....I liked it, I was in it...I was never preaching the gospel according to pgpm....i was on here breaking repo's balls, yeah sure....not for nothing tho, you guys take some of this **** a little too seriously...
Posted by GhostRM on :
Making money is serious business.
Posted by js49886 on :
world revolves around it...
Posted by acemidland on :
without a doubt...talking about what you read on this forum..
Posted by GhostRM on :
The forum is supposed to be used to gain DD about a stock to make any decision you like. I don't see you offering any serious DD. Therefore, why are you here? If you want to play around and joke with others, or, as you call it, "bust balls", maybe AOL chatrooms are more suitable for your goals.
We are here to learn, gain insight, and profit. The sandbox is elsewhere.
Posted by Hitman on :
Incorect statement... "Is't the LOVE of money that is the root of all evil"
Posted by syracuseO on :
Hey there Hawk....
Normaly I would tend to agree with you, but the Gustavson report clearly states the estimated value of PGPM's current wells at $40 mil, and, the costs at $10 mil ( or 25% ) .
Hence, $30 mil ($40-$10) divided by O/S = .09
I am out.
Yes you have to be skeptical about investing in pink/pennies, but as with any stock....as soon as the company lies to it's shareholders or is found to be fraudulant in any way, run for the hills !
Plain and simple. PGPM is ESTIMATED to be worth .09.....based on the supposition that 2/3 wells will be profitable.....what if only 1/2 wells are profitable.....the the value declines less than .09 .
The majority of pink investors put there money in these stocks for anticipated value gain ( even with all the associated risks involved) .
With PGPM, we are at their value, .09. Nothing more coming unless PGPM will buy more sites.
DONT'T FORGET......PGPM just had a recent acquisition ( May 26th announcemet ).....which means that PGPM's value was even LESS than .09, before this acquisition !!
Talk about BS !!
Talk about BS......PGPM purchased the Wichita Texas lease to BOOST the value that would be forthcoming in the Gustavson report.
If PGPM did not acquire the latest lease, the value of PGPM would probably only be worth .05 or even less.
Isn't it funny how this report came out on the tail of their recent acquisition ?
Can someone say consipracy ? BS ?
I am sorry, PGPM has lost ALL credibility (even for a penny stock), and, there is no anticipated increase in value beyond .09 ( unless they purchase new oil sites ) .
But, would you believe PGPM if they said that they acquired new sites and gave out estimations?
Too many qustions, and, too many other Pink/OTC oil plays that offer better investment potential .
Because of PGPM management's May 1st PR.....and today's subsequent valid report.....everything from PGPM becomes suspect.
GLTA if you you can stomach a stock who intentially misrepresents it's assets. And make no mistake.....the May 1st PR was a calculated deception......these are not oil newbies !
Out and into another oil play. GLTA.
Posted by js49886 on :
Im quoting pink, floyd, but your right. hahaha
Posted by acemidland on :
haha...be mad b-tch....just cause i got caught up in some bs with repo for a hot second doesnt mean **** about me....dont be mad at me cause this **** didnt run like we all thought it would.....your acting like a menstruating *****....
Posted by acemidland on :
your using this as your dd?? I feel sorry for you dude...use your head....do your own dd....or keep believing the hype you read on the stock forums and be a victim..dont blame me tho..seriously
Posted by rimasco on :
Hey where is REPO did he get booted? Or dragged off in cuffs for naked shorting?
Posted by js49886 on :
interesting point brought up on ihub... Why would they release this report knowing it would kill the stocks value. They didnt really have to.. . and who is buying all this sht if its such a pos. Just some thoughts.
Posted by acemidland on :
your guess is as good as mine js....i didnt think a company would spend good money to prove it isnt worth what it said it was...
Posted by buckstalker on :
Yes...those thoughts have crossed my mind as well...I have been watching this closely and there is a hell of a lot of buying going on....I held on to my shares here today because something just doesn't add up...
quote:Originally posted by js49886: interesting point brought up on ihub... Why would they release this report knowing it would kill the stocks value. They didnt really have to.. . and who is buying all this sht if its such a pos. Just some thoughts.
Posted by GhostRM on :
Maybe they had to because their first PR was so blatantly false that they were afraid of lawsuits.
Posted by acemidland on :
i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
Posted by js49886 on :
From Ihub: "PR in 30 minutes to explain. Should be interesting. Again, what you sell someone else buys. Just remember that!"
Posted by PCola77 on :
Ace, I'd like to apologize for singling you out earlier. I thought I had read yesterday that you were the same as that San Diego Joe guy who kept coming on here and pumping with different names. I think I was wrong. Being excited about the prospects of a stock is entirely different than intentionally pumping a stock by lying to the board.
Again, sorry.
quote:Originally posted by acemidland: i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
Posted by acemidland on :
nah man thats not me. I was agreeing with San Diego Joe, but i was genuinely excited about this stock. I took a good size hit today. All this guy had to do was be 25% truthful with investors and he couldnt even do that....I liked our odds.....didnt pan out...it sucks
Posted by lostone on :
quote:Originally posted by acemidland: i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
yea, tell me about it.. i was up like $30k yesterday, woke up this morning, it was all gone.. and kick me while i'm down, AURC is bleeding too..
Posted by acemidland on :
and to top it off i jumped back out * .09 after initally buying in...theres talk of a PR on ihub to explain the pr....some people are saying it could go back up...what a kick in the nuts that would be....
Posted by Stockguru06 on :
why is this down so much?
Posted by acemidland on :
a negative PR came out this morning regarding the actually amount of oil they could had as compared to the original claims..
Posted by GhostRM on :
It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
Posted by buckstalker on :
Beautiful...now we have another stock prophet...just what we need on this thread...more B***S***... Thank you o-wise one, I'll make sure that I act on your every word...
quote:Originally posted by GhostRM: It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
Posted by acemidland on :
i know ghost....my hope were that with a pr saying the company had anything over 100 million potential barrels of recoverable oil that the stock would make some kind of run....even with the mm's with the shares on hand that they had.....
Posted by GhostRM on :
I'm not saying I know the future, that's my interpretation of this stock's movement since the initial jump. If you disagree, instead of name calling, how about some facts or logical interpretations?
Posted by lostone on :
i don't blame him, a lot of ppl were hit hard..
Posted by buckstalker on :
"It's not going back up"..."but it will be a long time in the future"...sound like future telling statements to me...The truth is that NO ONE knows what any of these pennies are going to do at any given time...
Posted by lostone on :
i sure hope that PR coming out soon..
Posted by GhostRM on :
Ok, so we should not make predictions? Is that Allstocks policy? No predictions, no DD, just name calling and useless banter? What a site!
Posted by gfinney on :
I forgot what 30 Minutes in PGPM time really equates too! Pre market tomorrow?
Posted by PCola77 on :
LOL, I was actually going ot post somethign similar when he first made the "30 minutes" post.
quote:Originally posted by gfinney: I forgot what 30 Minutes in PGPM time really equates too! Pre market tomorrow?
Posted by buckstalker on :
Give me one good reason to post a prediction....I have been here a long time and have yet to see ANYONE make accurate predictions...What are your predictions going to do for anybody here?
quote:Originally posted by GhostRM: Ok, so we should not make predictions? Is that Allstocks policy? No predictions, no DD, just name calling and useless banter? What a site!
Posted by lostone on :
was that it? that's the PR? that Bellwether thingiemajig
Posted by GhostRM on :
The prediction was part of my analysis. I'm giving my side of this story.
I guess you're one of the "investors" burned by PGPM. Sorry for your losses, and your family's as well.
Posted by acemidland on :
i had a feeling this was gonna happen......(just kidding guys)
Posted by gfinney on :
IRVING, Texas, May 31, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today financial analysis and considerations on the profitability of developing the 4 million BOE by spreading the exploitation of 4 million barrels with an average of $65 per barrel of oil in 4 years. Based on these Gustavson's report assumptions and NPV analysis we have the following:
With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000.
(Initial Investment = $10,000,000) Inflows = $65,000,000 r = 10% --- (Factor of 3.1699) n = 4 years PV = $206,043,500 NPV = $196,037,000
A complete economic report and company valuation is on progress, based on the above analysis and will be part of the audit required for our SEC filing.
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "These additional inflows will definitely make a direct impact in the fair value of the company and should bring the value of our stock up considerably, without considering variables like oil prices, new acquisitions and partnerships, etc."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Posted by lostone on :
that's what i'm talking about this morning! they need something like this! finally!
Posted by buckstalker on :
Hey Ghost...don't feel bad for me... I bought in at .011 how bout you... Still waiting for the GOOD reason to post predictions...
Posted by acemidland on :
what exactly does that pr mean?
Posted by TINPOZ on :
so now what everyones just going to dump???????? it wasnt bad news...........
Posted by GhostRM on :
Notice how they didn't mention a PPS value in this PR.
Posted by lostone on :
We wouldn't have a diving situation if THIS PR was released in the morning.. stupid PR ppl
Posted by PCola77 on :
At least this PR shows that my math skills are ok
The Gustafson report used an estimate of $10/barrel. Anyone know why they'd do that? If they had used $50/barrel and set an approximate share price of .45/share, would there have been the mass sell-off from this morning?
My guess is that it would have been greatly dampened.
I guess we'll never know.
quote:Originally posted by PCola77: Again, correct me if I'm wrong, but I'm seeing $40million for the market value of the oil, - $10 costs = $30million. Divided by 322720011 common shares is 9.3 cents.
Now one thing that's confusing me is the fact that they put the market value of 4million barrels of oil at $40million which would be $10 a barrel. If you say the upper end is $70/barrel it puts the price per share range at .09-.63 or so. A far cry from $33 a share, so you won't see a huge price run like earlier, but it *shouldn't* completely tank, either.
We'll see.
Posted by TINPOZ on :
the time on the release says 8:34 am????????
Posted by GhostRM on :
Divide their NPV by number of outstanding shares.
Posted by Stockstar69 on :
quote:Originally posted by hawkdriver: ^^^^not 24 mil, but 240 mil in the math above.
Sorry
I was thinking about that but you beat me to it.
$240 million is nothing to sneeze at.
Posted by gfinney on :
Sorry to sound dumb but how many outstanding shares are there? I've heard from 300 million to 1 billion.
Posted by PCola77 on :
330million outstanding, 1billion authorized, I think.
quote:Originally posted by gfinney: Sorry to sound dumb but how many outstanding shares are there? I've heard from 300 million to 1 billion.
Posted by lostone on :
we should be around .60ish with the amount of outstanding shares!
Posted by PCola77 on :
I think Nite (100x bid .085 and 100x ask .095) moved both bid and ask up a few ticks. He's the one that twalked it right down this morning. Maybe he'll cut us a break and bring it back up a bit.
Posted by buckstalker on :
Sounds about right to me lostone
Posted by Jlizard on :
should be about .64
Posted by buckstalker on :
I come up with roughly .60
quote:Originally posted by GhostRM: Divide their NPV by number of outstanding shares.
Posted by lostone on :
i started a new thread about this update.. just in case ppl don't see it.. since i think PGPM is toying with us with the PR releases
Posted by acemidland on :
they are saying this on ihub:
60.7 cents per share
NPV $196,037,000 divided by o/s 322,720,011
= .607
Posted by superman7 on :
ok i am in at .095
goodluck all
Posted by lostone on :
well, i guess this won't soak in until tomorrow.. and i hope this morning's damage didn't scare too many ppl away.. man, i still don't know why they did that.. it didn't look like enough buys this morning to be a buying scheme..
Posted by buckstalker on :
I don't know...I saw a lot of buys going through this morning and mentioned it on an earlier post.
Posted by Stockguru06 on :
what happened with the 33dollar per share value... now i read 60 cents..mhmh am i missing something here
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/31/06 0.1400 0.1400 0.0115 0.0890 -0.0520 9938484 -36.88%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 7848195
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 4723466
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 2562842
Overall Average: 72% - Buy
Price Support Pivot Point Resistance
0.1410 0.1270 0.1420 0.1570
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
Posted by buckstalker on :
Yea ...about a 6 bagger
Posted by GhostRM on :
*********, yeah, you're missing about $32.40 / share.... haha.
Posted by Sigma on :
This is sort of a general observation, but why do people think that stock valuation should be in-line with their assets?
If stock price correlated with assets then Ford Motor Company should be trading at $140/share, instead of the $7/share that it does. Ford's market cap is less than it's cash-on-hand. If it was a micro-cap with that same predicament you guys would be freaking out about how it was due for a 2000% gain because it was so undervalued. But Ford's not gonna move anytime soon.
Likewise, if stock price correlated with assets then Google should be trading at $37/share instead of $370/share.
Posted by Stockguru06 on :
lol ok but do you guys think it can go up to 20 cents again? and that 60 cents is that based on proven reserves or probable reserves?
Posted by superman7 on :
.10 getting hit
Posted by GhostRM on :
Sigma, fundamentally, it should, but you're right, nothing ever does trade relative to assets.
Posted by jason r on :
I think BIGN has more potential as an oil company but im in pgpm since 0.25 and im down haha , but bign has been making me happy ,especially with the divy coming out on june 2nd 1 share for every 30 you own of bign
Posted by PCola77 on :
Nite moved up to .10 ask
Posted by ItsJustMe on :
Okay, there are some serious questions here. Why did the PR this morning use a price of $10? If it was a gross error, why didn't this PR SAY it was a gross error? Why did they simply restate the price without comment on the earlier price they reported?
Also, they are using a price of $65 a barrel, but the landowner gets a percentage of the gross so that isn't accurate either...
Posted by Jlizard on :
Sigma, the stock market looks forward for potential.
Posted by lostone on :
Repo is still making money.. LOL..
Posted by GhostRM on :
In case you're wondering, your friend repo is over at HSM continuing to bash PGPM. I think he was banned from this board.
Posted by GhostRM on :
But, he did make a good call to short/sell this at .14 yesterday... look at today's massacre.
Posted by lostone on :
what's HSM? "homosexual males"? not that there's anything wrong with that.. but yea, Repo would be there
Posted by Sigma on :
quote:Sigma, the stock market looks forward for potential.
Exactly. Or lack therof. It's got little to nothing to do with assets. The fact that PGPM continues to attempt to value their company so blatantly in PRs is an attempt at misleading at best. Assets are all they've got. Fixed assets that will run out of oil. That's why things like the China deal are much better for PPS, they show potential. And it's potential that values a company much moreso than assets.
Posted by madmoney on :
B/A - .085 X .10, not moving on this "new" PR.
Posted by js49886 on :
maybe it didnt fully sink in yet?
with all the panic selling this morning, everyone just ran off. Maybe the'll check it later on & see. eh, idk
Posted by lostone on :
hope tomorrow will be better..
Posted by TINPOZ on :
Kurt Schemers - Interviews: Rafael Pinedo, CEO of Pilgrim Petroleum Corp. (otc: PGPM)
Corporate Office 3050 Regent Blvd, Suite 310 Irving, Texas 75063 Tel (214)687-0000 Fax (214)687-0019
Posted by gfinney on :
Tick Tick Tick..... .11
Posted by js49886 on :
rebounding
Posted by Hold-em-er-fold-em on :
220000 bought at .10 Posted by PCola77 on :
Nite just moved the ask to .11
He's our daddy right now. C'mon Nite, be good to us!
Posted by js49886 on :
i only see 94k blocks * .10 ?
Posted by Hold-em-er-fold-em on :
100k at 14:52:47 120k at 14:52:54
Posted by PCola77 on :
That's a big number...
Someone likes this stock enough to throw $22grand into it? Hmmm, makes ya wonder....
Posted by js49886 on :
bid up to .10
Posted by Hold-em-er-fold-em on :
quote:Originally posted by PCola77: That's a big number...
Someone likes this stock enough to throw $22grand into it? Hmmm, makes ya wonder....
You dont throw 22g's into a pink for the heck of it! It does make you wonder!
Posted by PCola77 on :
Nite droppped back to .105
Posted by TINPOZ on :
News Story bellwetherreport.com: The Bellwether Report take time to Dig a Little Deeper into Pilgrim Petroleum Corporation
Wednesday May 31 2006 13:45:56 EDT
May 31, 2006 (M2 PRESSWIRE via COMTEX) -- Pilgrim Petroleum Corporation (OTCPK: PGPM), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
Pilgrim Petroleum Corporation an independent oil and gas company, this morning announced an exclusive contract with Basic Energy Services Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.
Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.
This morning the company announced results and explanation of Gustavson preliminary resource report, in addition to future plans to further valuate our properties. Pilgrim Petroleum's initial estimation of potential resources was based on an early or "pre-development" stage, in which estimates are restricted to volumetric calculations under predeterministic methods.
According to Gustavson, Pilgrim Petroleum's portfolio of properties presents a high probability of drilling success, namely about 2 out of 3 exploratory wells are likely to discover oil or gas in amounts of 1 million barrels of oil or the equivalent in gas (4-6 BCF). Therefore, it is most likely that 4 fields (3 drilling targets on two land positions at 2/3 success) will be found. The P50 resource estimate is therefore 4 million barrels of oil equivalent. They also provided a rough estimate of approximately $10 million for the exploration/drilling campaign, through seismic, drilling and completion towards finding 4 million BOE with a market value of about $40 million. Gustavson's preliminary report, is available at our website: www.apetroleum.com.
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Our next step is to start an economic evaluation under SEC rules, and immediately bring those values to our financial statements for the second quarter 2006, while we continue more selective acquisitions and partnerships, the value of the company is our highest priority. Pilgrim has a bright horizon. We plan to continue working with Gustavson Associates for future prospect domestic and international acquisition assessments."
Following this announcement Pilgrim Petroleum Corporation shares took a dive as they fell over 35% on huge volume as investors unloaded shares in hopes of finding better opportunities. Pilgrim is a great opportunity as they are still very fresh and have a lot of potential for a significantly successful future, as they currently only trade for $0.09.. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like Pilgrim Petroleum Corporation, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
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Posted by Hold-em-er-fold-em on :
hope we close above .11, .12 is ideal, that should give us a gapper tomorrow.. half an hour to go
Posted by OILDOG on :
Finally got around to reading Gustavson's report. Pretty clear. Pilgrim has EXTREMELY mature(depleted) leases. No production from Archer county, next to NOTHING from Wichita county,even with the new leases.However,as Gustavsons report explains, they do have POTENTIAL for pinnacle reef reservoirs on their leases. But,they will have to DRILL FOR THEM. They will have to locate and pinpoint any that might exist with 3D seismic($500,000), and DRILL!!!!!Key word DRILL!The 40 million comes from the costs ect of GETTING it out and sold. Seismic,rig costs,pipe,cementing and completion costs, tank battery,trucking,saltwater disposal, the list goes on. Not nearly as much profit as the talking heads and politicians would have you believe.Royalty owners have to be paid, and remember, PGPM only has a 20% interest. The other lease owners have to come on board.Again, the valuation is for PGPM's part.Ive worked pinnacle reef prospects. The small ones were tuff to hit with the bit back then. Today, with the precise directional tech we have, they can be nailed. Pinedo keeps TALKING about drilling wells for well over a year,reworking wells,ect. Cant find any evidence they have done much of anything,except run pumps and scam. Maybe now they have enough money to actually DO something!heh. It wont happen overnite or anything like it. Take quite a bit of time,if at all. Contractors like to GET PAID for their work! And not in pink shares.
Posted by js49886 on :
200 buy * .10
someone is trying to drive up the pps. What a good idea!!!! lol
Posted by Stockguru06 on :
yeah someone must know something i am not aware of i guess...
Posted by TINPOZ on :
VOTE for PEDRO...................
Posted by TINPOZ on :
my portfolio looks like its gonna need a blood transfusion.........
Posted by js49886 on :
close * .10
Posted by lostone on :
not so bad close.. i wonder when the next PR would be.. prolly take a while to get their 2nd quarter stuff together.. hopefully we'll start seeing more deals.. since Gustavson valuation, maybe China will be interested.. we need to see some revenues so they can get some of that oil
Posted by js49886 on :
Pilgrim Petroleum Corporation Announced Today Financial Analysis and Considerations Business Wire - May 31, 2006 13:59
IRVING, Texas, May 31, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today financial analysis and considerations on the profitability of developing the 4 million BOE by spreading the exploitation of 4 million barrels with an average of $65 per barrel of oil in 4 years. Based on these Gustavson's report assumptions and NPV analysis we have the following:
With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000.
(Initial Investment = $10,000,000) Inflows = $65,000,000 r = 10% --- (Factor of 3.1699) n = 4 years PV = $206,043,500 NPV = $196,037,000
A complete economic report and company valuation is on progress, based on the above analysis and will be part of the audit required for our SEC filing.
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "These additional inflows will definitely make a direct impact in the fair value of the company and should bring the value of our stock up considerably, without considering variables like oil prices, new acquisitions and partnerships, etc."
Posted by OILDOG on :
Their doing it again. They only have 20% of the 4 million bbls. About 800,000 bblsX$65=$52 million. About .052/share. Pretty close to what Gustavson said.And thats before costs mentioned before are taken out. Maybe 3 wells per reef, 913 bbls per day to do 1 million bbls in a year. Preeetttyyy high! And, they gotta drill em FIRST!!!! Walk the walk or dont talk the talk Pinedo!!!!!I wouldnt trust your evaluation!!I love how they do these calculations for us,get the price up while doing nothing. wwwooooooffff!
Posted by js49886 on :
that pr is old
where do u ge that from pildog
Posted by OILDOG on :
BANG!!!Slam my head on the desk!! Just didnt dawn on me Gustavsons $10/bbl valuation!!! Thats what oil is worth IN THE GROUND!!! Read recently on MSN it is close to $40/bbl to GET IT OUT. They expect close to $44 by next year. Rising costs of everything. So,new calcs: 800,000 bblsX $25 "profit"= $20 million /1,000,000,000 shares= .02/share. uh,ooops. doh!!
Posted by OILDOG on :
What pr is old? Been working with Gustavsons report which came out this morning and is on their website.
Posted by indef on :
bellwetherreport.com: The Bellwether Report take time to Dig a Little Deeper into Pilgrim Petroleum Corporation via COMTEX
May 31, 2006
May 31, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Pilgrim Petroleum Corporation (OTCPK:PGPM), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
Pilgrim Petroleum Corporation an independent oil and gas company, this morning announced an exclusive contract with Basic Energy Services Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.
Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.
This morning the company announced results and explanation of Gustavson preliminary resource report, in addition to future plans to further valuate our properties. Pilgrim Petroleum's initial estimation of potential resources was based on an early or "pre-development" stage, in which estimates are restricted to volumetric calculations under predeterministic methods.
According to Gustavson, Pilgrim Petroleum's portfolio of properties presents a high probability of drilling success, namely about 2 out of 3 exploratory wells are likely to discover oil or gas in amounts of 1 million barrels of oil or the equivalent in gas (4-6 BCF). Therefore, it is most likely that 4 fields (3 drilling targets on two land positions at 2/3 success) will be found. The P50 resource estimate is therefore 4 million barrels of oil equivalent. They also provided a rough estimate of approximately $10 million for the exploration/drilling campaign, through seismic, drilling and completion towards finding 4 million BOE with a market value of about $40 million. Gustavson's preliminary report, is available at our website: www.apetroleum.com.
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Our next step is to start an economic evaluation under SEC rules, and immediately bring those values to our financial statements for the second quarter 2006, while we continue more selective acquisitions and partnerships, the value of the company is our highest priority. Pilgrim has a bright horizon. We plan to continue working with Gustavson Associates for future prospect domestic and international acquisition assessments."
Following this announcement Pilgrim Petroleum Corporation shares took a dive as they fell over 35% on huge volume as investors unloaded shares in hopes of finding better opportunities. Pilgrim is a great opportunity as they are still very fresh and have a lot of potential for a significantly successful future, as they currently only trade for $0.09.. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
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Posted by js49886 on :
I was talking about the info MakeMoney posted, i should say it was posted already
Posted by ArmySGT on :
MEDDDICCC! SOMEBODY CALL A EFFIN MEDIC!!!
you guys honestly think it will go back up?
Posted by ArmySGT on :
Pilgrim Petroleum Corporation Announced Today Financial Analysis and Considerations IRVING, Texas, May 31, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today financial analysis and considerations on the profitability of developing the 4 million BOE by spreading the exploitation of 4 million barrels with an average of $65 per barrel of oil in 4 years. Based on these Gustavson's report assumptions and NPV analysis we have the following:
With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000.
(Initial Investment = $10,000,000) Inflows = $65,000,000 r = 10%
--- (Factor of 3.1699) n = 4 years PV = $206,043,500 NPV = $196,037,000 A complete economic report and company valuation is on progress, based on the above analysis and will be part of the audit required for our SEC filing.
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "These additional inflows will definitely make a direct impact in the fair value of the company and should bring the value of our stock up considerably, without considering variables like oil prices, new acquisitions and partnerships, etc."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 Copyright Business Wire 2006
Posted by ArmySGT on :
sorry thought i just posted something new... damn cluttering up the board now, so frustrated
gonna hold it and see what it will do in the upcoming days. How the F did I just get his with NSF if I had all the money in my cash account accounted for????? how the hell does that work??
Posted by js49886 on :
Did you try to sell?
It gives you a warning when you go to make a trade with unsettled funds, just so your aware... only have to worry if you try selling with unsettled funds. Must not be clear yet.
Posted by ArmySGT on :
what do you mean unsettled funds? it was cash in my account that i had from selling something I sure as hell shouldnt have sold FRPT! and I sold it last Thursday, I never got a warning but all of it hit me today
Posted by TruthLiesWithin on :
quote:Originally posted by OILDOG: BANG!!!Slam my head on the desk!! Just didnt dawn on me Gustavsons $10/bbl valuation!!! Thats what oil is worth IN THE GROUND!!! Read recently on MSN it is close to $40/bbl to GET IT OUT. They expect close to $44 by next year. Rising costs of everything. So,new calcs: 800,000 bblsX $25 "profit"= $20 million /1,000,000,000 shares= .02/share. uh,ooops. doh!!
Makes no sense... Only worth $10 in the ground???
What would be so different about drilling oil today versus 5 or 8 years ago?
If companies were profitable extracting oil when it was $35 a barrel, why would it be any different now... yeah costs go up, but so did the price of a barrel of oil.
$25 profit per barrel, still sounds reasonable..
Posted by js49886 on :
thought you were talking about unsettled funds. (still an issue after you sell with your cash acct.) I think I missunderstood the question
Anyway, rumor has it there will be another PR tomorrow to clear things up. Hopefully it will hope all peices of the puzzle.
Posted by ArmySGT on :
sure hope its a good pr!! lol
Posted by TruthLiesWithin on :
Yeah..
Especially when I see 15 different ways to value the oil or potential oil one has...
And the difference between regular oil wells and shale extraction...
Posted by ArmySGT on :
whats messed up is that this guy knew since 25 May on what he had!!!! Sleece Ball!!!
Posted by Sigma on :
The guy knew a lot longer ago than that what he had. Or didn't have rather.
Posted by gfinney on :
The drama continues. Reports of another PR in the works for tomorrow with "more" clarification. I hope they are a little more clear. Third time's the charm right?
Posted by lostone on :
I hope it's good.. i have a feeling it will be, since my luck is at its highest at the beginning of the month Posted by ArmySGT on :
well i sure as hell hope youre right because I need something to persuade me to stay in, everything that i picked out positive i sold because i got caught up in the hype!!!
Posted by ArmySGT on :
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
*********.com: ********* Alerts for Thursday, June 1, 2006 ACL Semiconductors Reports on Supply and Demand While UVICF Reports 35% Sales Growth
Dallas, Texas, Jun 01, 2006 (M2 PRESSWIRE via COMTEX) -- ********* Pre-Market Updates for Thursday include Chaparral Resources Inc (OTCBB: CHAR),ACL Semiconductors Inc. (OTCBB: ACLO), Unilens Vision Inc (OTCBB: UVICF) , Pilgrim Petroleum Corporation (OTC: PGPM), First Trust Bank (OTCBB: NCFT) and Javelin Pharmaceuticals, Inc. (OTCBB: JVPH).********* Price Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock. If you would like to feature your publicly traded company in our alerts or on *********.com, email feature**********.com or call (469)252-3031. Chaparral Resources Inc (OTCBB: CHAR) - Shares closed down .35% on Wednesday. Price per share was $5.75 and total volume was 42,184. The Company recently reported its financial results for the first quarter 2006. The Company reported net income of $9.86 million, or 26 cents per share, for the quarter ended March 31, 2006, compared to $3.83 million, or 10 cents per share, for the quarter ended March 31, 2005. The $6.02 million increase in Chaparral's net income primarily relates to higher revenues as a result of higher prices and higher sales volumes achieved during the first quarter of 2006. Revenues were $53.45 million for the first quarter of 2006 compared with $24.33 million for the first quarter of 2005. The increase is the result of higher crude prices achieved during the first quarter of 2006 as compared to the same period of 2005, and due to higher sales volumes. The increase in revenues for the quarter was offset by increased transportation costs, administrative costs, minority interests and tax charges. The Company has also incurred $4.43 million of Excess Profits Tax payable in the Republic of Kazakhstan in the quarter ended March 31, 2006. There was no corresponding charge in the first quarter of 2005.During 2006, the Company expects to increase production by drilling 12 new wells, converting further wells to artificial lift and adding further water injection wells. The Company will continue with the development of the Karakuduk Field throughout the remainder of 2006. By the end of the third quarter it hopes to have two, possibly even three drilling rigs operational at the field. The Company forecasts that up to 10 further wells will be drilled, with a total program of some 38,400 meters expected to be drilled during the year. Boris Zilbermints, Chief Executive Officer of Chaparral, commented, 'The positive results of the first quarter reflect the hard work and technical expertise of our staff as well as the global increase in oil prices. On the other hand, the harsh winter weather as well as the delays with our drilling program and imposition of the Kazakh Excess Profits Tax has adversely impacted our results.'
Chaparral Resources, Inc. is an oil and gas development and production company. The Company's only operating asset is its participation in the development of the Karakuduk Field, in the Republic of Kazakhstan, through KKM, which is the operating company. The Company has directly and indirectly a 60% ownership interest in KKM with the other 40% ownership interest being held by Caspian which holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company's web site, www.chaparralresources.com.
ACL Semiconductors Inc. (OTCBB: ACLO) - Wednesday's shares gained 11.11% for a closing price of $.20 per share. Trade volume totaled 15,000 shares. The Company has recently reported on memory chip supply and demand. ACLO supplies this information to Samsung HK and its other customers to provide insight into market conditions. The flash market saw 4 Gb flash components increasing in contract price by 12% recently due to the fact that Sony and Apple are negotiating the 2nd half production plan with Samsung. Also, production of 8Gb and 16Gb is the main manufacturer's focus, leaving the 4Gb flash component (which is for the 512 MB memory card bundled into mobile cell phones) in tight supply. DDRI market is showing tight supply and the relative shortage of the DDRI could last into the summer months as most manufacturers have switched their production lines to DDRII. DDRII prices are quite stable recently and we anticipate we will see even more market activity in June. Recent comments from Merrill Lynch analysts to the memory component sector were upbeat. "Both spot and contract DRAM prices have hovered about 5% to 10% higher than our expectations through April-May. This indicates upbeat second-quarter results despite demand that has been seasonally normal at best." Further, "We expect pure-play DRAM and NAND stocks to outperform in the overall tech sector. For the short-term, however, we would continue to prefer DRAM to NAND. Long term, higher growth or margin upside comes from NAND compared with DRAM," were among the highlights of the research notes provided by CFAs from Merrill Lynch in last week's report. "We are encouraged by recent supply and demand data and industry analyst's comments. Indeed the outlook for our core business remains robust," cited ACL Chairman, Alan Yang. "In addition to our longstanding leadership in memory component distribution, we also continue to seek synergistic opportunities to bolster profit margins and we look forward to making progress towards these goals in 2006."
ACL has been a leading distributor of Samsung memory chip products, including DRAM, Flash, SRAM and Mask ROM products, for the Hong Kong and Southern China markets since 1991. ACL Semiconductors, Inc. trades on the OTCBB under the symbol ACLO.
Unilens Vision Inc (OTCBB: UVICF) - Shares held steady at $3.65. Wednesday's volume was 300 shares. Unilens Vision Inc. has reported higher sales, earnings, and royalty income for the third quarter and first nine months of FY2006. Net sales, excluding royalty income, increased 25% to $1,585,086 for the three months ended March 31, 2006, compared with $1,270,592 for the third quarter of the previous fiscal year. The sales increase was primarily the result of continued growth in sales of the Company's C-Vue multifocal and toric multifocal contact lenses to eye care professionals. Sales associated with the SoftCon EW and Aquaflex brands that the Company acquired from CIBA Vision at the end of February 2005 accounted for approximately 10% of sales during the most recent quarter and 11% of sales for the nine months ended March 31, 2006. Royalty income for the quarter ended March 31, 2006 increased 18% to $489,551. Net income increased 16% to $314,689, or $0.07 per diluted share. 'We are pleased to report another quarter of double-digit percentage growth in sales, earnings and royalty income,' stated A. W. Vitale, Chief Executive Officer of Unilens Vision Inc. Based on currently available information, we anticipate record revenue and income before taxes and extraordinary items for the Fiscal Year ending June 30, 2006.' For the nine months ended March 31, 2006, net sales, excluding royalty income, rose 34% to $4,559,686, versus $3,402,271 in the corresponding period of the previous fiscal year. Royalty income for the nine months ended March 31, 2006 increased 26% to $1,463,446, compared with $1,158,424 in the prior-year period. The Company's net income increased 30% to $941,564, or $0.21 per diluted share, for the first nine months of FY2006, compared with $722,669, or $0.16 per diluted share, for the comparable nine months of FY2005. 'Our financial condition at the end of the most recent quarter was the strongest in the Company's history,' continued Vitale. 'During the past twelve months, we have reduced our total liabilities by 37%, to $755,260, while our shareholders' equity has increased 55% to over $7.3 Million.
Established in 1989, Unilens Vision Inc., through its wholly owned subsidiary Unilens Corp., USA, located in Largo, Florida, develops, licenses, manufactures, distributes and markets specialty contact lenses under the C-VUE, Unilens, Sof-Form, Lombart, and LifeStyle brands. Additional information on the Company may be accessed on the Internet at http://www.unilens.com . The Company's common stock is listed on the OTC Bulletin Board under the symbol "UVICF" as well as the TSX Venture Exchange under the symbol "UVI".
Pilgrim Petroleum Corporation (OTC: PGPM) - Wednesday's shares closed down 29.08%. Price per share was $.10 and volume closed at 12,720,208 shares. The Company announced financial analysis and considerations on the profitability of developing the 4 million BOE by spreading the exploitation of 4 million barrels with an average of $65 per barrel of oil in 4 years. Based on these Gustavson's report assumptions and NPV analysis , the following was provided: With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000. A complete economic report and company valuation is on progress, based on the above analysis and will be part of the audit required for our SEC filing. Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "These additional inflows will definitely make a direct impact in the fair value of the company and should bring the value of our stock up considerably, without considering variables like oil prices, new acquisitions and partnerships, etc."
Pilgrim Petroleum Corporation (OTCBB:PGPM) is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
First Trust Bank (OTCBB: NCFT) - Shares were unchanged on Wednesday at $23.90 per share. Total volume was 300 shares. William D. Elder has joined the First Trust Bank as Senior Vice President/Senior Loan Officer in its headquarters office at 1420 East Third Street, Charlotte, NC. Bill has over thirty years of commercial and consumer banking experience and is committed to the Bank's mission of providing the highest quality professional financial services to its customers and shareholders. 'Bill's seasoned experience will greatly enhance the depth of our commercial lending team,' said Jim Bolt, President/CEO of First Trust Bank.
First Trust Bank specializes in serving the banking needs of small businesses and professionals in the Charlotte, Mooresville, Davidson, Cornelius, Huntersville and Concord markets. The bank operates three banking offices located at 1420 East Third Street and 2245 Rexford Road, Charlotte, NC and 108 Gateway Boulevard, Mooresville, NC and a loan production office at 916 Copperfield Boulevard in Concord, NC.
Javelin Pharmaceuticals, Inc. (OTCBB: JVPH) - Shares gained 7.35% on Wednesday, trading 6,312 shares. The price per share was $3.65.
Javelin has announced treatment of the first patient in its Phase III clinical program for its injectable NSAID, Dyloject(TM) (diclofenac sodium). This pivotal US study will enroll 360 patients with moderate-to-severe postoperative pain following abdominal surgery. A second pivotal US study in a different postoperative pain model (orthopedic surgery) is planned to begin later this year.
'Javelin has now commenced enrollment in Phase III programs for two of its three product candidates this month,' said Dr. Daniel Carr, the Company's Chief Executive Officer and Chief Medical Officer. 'As with our other Phase III program for the intranasal morphine product Rylomine(TM), in both cases a productive end-of-Phase II meeting with the FDA allowed us to define a straightforward path to regulatory approval. Javelin's development team has been highly effective in bringing these two product candidates into Phase III clinical testing nearly simultaneously.'This study follows the successful completion of a 353 patient Phase IIb study of Dyloject(TM) in patients with postoperative pain. Javelin's Phase II studies of this nonselective NSAID showed it to be well tolerated, with a quicker onset, equal duration of effect, and less associated phlebitis than Voltarol(TM), the injectable diclofenac formulation currently marketed in Europe. An application to market Dyloject(TM) was filed last fall in Europe. Results of the latest Phase IIb study have been submitted for presentation at the annual meeting of the European Federation of IASP Chapters in September 2006.
Javelin is a specialty pharmaceutical company, applying innovative, proprietary technologies to develop new drugs and improved formulations of existing drugs to target unmet and underserved medical needs in the pain management market. For additional information please visit the website www.javelinpharmaceuticals.com.
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Posted by TruthLiesWithin on :
Yeah, a pr better than one claiming that they can drill through the core of the Earth and tap the Saudi's oil from the opposite side...
Posted by ArmySGT on :
LMAO funny, he should just invest in the insurgency. At least he has a better buyer! Now I am trying to be the seller and out of free trades! thanks PGPM FUC%ERS
Posted by GhostRM on :
ArmySGT.... FRPT got the whopper of a contract.
BAE Systems Land & Armaments L.P., York, Pa., was awarded on May 30, 2006, a delivery order amount of $180,503,000 as part of a $445,439,000 firm-fixed-price contract for Iraqi Light Armored Vehicles. Work will be performed in Anniston, Ala. (50 percent), and Ladson, S.C. (50 percent), and is expected to be completed by Nov. 30, 2009. Contract funds will not expire at the end of the current fiscal year. There were an unknown number of bids solicited via the World Wide Web on May 5, 2006, and 16 bids were received. The U.S. Army Tank-Automotive and Armaments Command, Warren, Mich., is the contracting activity (W56HZV-06-D-VB01).
quote:Originally posted by GhostRM: ArmySGT.... FRPT got the whopper of a contract.
BAE Systems Land & Armaments L.P., York, Pa., was awarded on May 30, 2006, a delivery order amount of $180,503,000 as part of a $445,439,000 firm-fixed-price contract for Iraqi Light Armored Vehicles. Work will be performed in Anniston, Ala. (50 percent), and Ladson, S.C. (50 percent), and is expected to be completed by Nov. 30, 2009. Contract funds will not expire at the end of the current fiscal year. There were an unknown number of bids solicited via the World Wide Web on May 5, 2006, and 16 bids were received. The U.S. Army Tank-Automotive and Armaments Command, Warren, Mich., is the contracting activity (W56HZV-06-D-VB01).
yeah doesnt it figure, im broke thanks to FRPT!!! UNLESS I CAN DUMP THIS SHI% first thing and buy before the huge jump, I am screwed
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Writers
IRVING, Texas--(BUSINESS WIRE)--June 1, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today an explanation of the previous May 1st Press Release. After thorough research, Potential Oil Resources calculations without taking some factors like porosity, etc., into account can produce high estimate reserves due to inconsistencies in the volumetric calculations. Further definition between the methods used requires determining factors with inherent uncertainties by themselves and even more when they are combined. As commented SCA Geologic (2003), "over the past 25 years significant errors haven been present in reserve calculations as a result of using the wrong thickness value to determine the reservoir quality sand or to prepare net pay maps for volumetric calculations. Errors of 20 to 30 percent are not uncommon, but on occasion errors of up to 700 percent have been documented." Under this premise Pilgrim Petroleum decided to obtain a 3rd party opinion as a part of the pre-valuation stage in order to make wise capital outlays. Before anything, the company needs measures with less uncertain methodology. Gustavson preliminary report provides a reviewed, more thorough and conservative identification of the company's current assets value and resource estimates. This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. Neither report will include any marginal existing production or take into consideration a significant amount of processing equipment already in place. After all the complete report from Gustavson will be done in weeks, we are confident that this final number of Potential Resources will be significantly higher. Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Lessons Learned. As we grow, we exponentially encounter challenges that we need to offset through accurate operational management. Our commitment to the company and our shareholders is our driving force, we are very confident on the final results."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com Posted by ArmySGT on :
Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Lessons Learned. As we grow, we exponentially encounter challenges that we need to offset through accurate operational management. Our commitment to the company and our shareholders is our driving force, we are very confident on the final results."
WHAT THE FUC& is he saying "OOops my bad, didn't mean to rip my shareholders off "?
Posted by js49886 on :
This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. Neither report will include any marginal existing production or take into consideration a significant amount of processing equipment already in place. After all the complete report from Gustavson will be done in weeks, we are confident that this final number of Potential Resources will be significantly higher. Posted by syracuseO on :
Makes you wonder about the management of PGPM and Pinedo.
The Tuesday report SHOULD have started with :
This Gustavson reportdoes NOT include future revenue from the recent ( May 26 ) acquisition of 30 wells in Wichita, Texas, or other acquisitions expected to be closd in a week .
Then move on with the "consdervative" estimations of the Gustavson report.
The last 2 days are like a bad dream that probably caused many near heart attacks.....not to mention, caused many shareholders to become skeptics about the validity of PGPM and their management.
Hopefully, the dust will settle, and the PPS and confidence will grow.
Posted by js49886 on :
eidt: Yeah they should of mentioned that it was only partial. steped on their own foot a little.
So, it didnt cover everything. & it wont show any of the existing marginal production, etc.
They'll have the final report in a few weeks. & more acquisitions in a week.
NO wonder it didnt add up. That was only a partial evaluation!!!
Posted by ArmySGT on :
if i wasnt in iraq i would kick his a$$ personally
hope he burns in hell with the Enron sleece!
Posted by PCola77 on :
Nite is walking this thing right down, just like yesterday. He's the one to watch. If he starts moving the ask up, then it's a good time to buy, otherwise, this doesn't look good.
Posted by ArmySGT on :
well FRPT is up to 4.70 so if you got in congrats. Im done with stocks! i just lost more than i even had to begin with. Ha good fuc the newbie game nice
Posted by ArmySGT on :
i can't even sell it, no ones buying it
Posted by ArmySGT on :
where can you watch nite????
Posted by PCola77 on :
On Level 2. He's bidding .08 and asking .09.
This won't go up unless/until he moves his ask up.
I'm pretty busy at work today, but I'll try to keep you updated, assuming you don't have access to Level 2.
quote:Originally posted by ArmySGT: where can you watch nite????
Posted by PCola77 on :
He just moved his bid down to .075. Ask is still at .09, for now.
Posted by ArmySGT on :
no but finally sold, all my other winners that i dumped for this are jumping up like crazy
Posted by PCola77 on :
Unfortunately I think that was the right move. Even if you want to get back in later, I think you'll be able to get in lower.
quote:Originally posted by ArmySGT: no but finally sold, all my other winners that i dumped for this are jumping up like crazy
Posted by js49886 on :
quote:Originally posted by ArmySGT: all my other winners that i dumped for this are jumping up like crazy
that always happens to ME !!!! Makes me wanna SCREAM! Posted by PCola77 on :
Nite dropped the ask to .085. Bid still at .075
Posted by ballyman on :
"As commented SCA Geologic (2003), "over the past 25 years significant errors haven been present in reserve calculations as a result of using the wrong thickness value to determine the reservoir quality sand or to prepare net pay maps for volumetric calculations. Errors of 20 to 30 percent are not uncommon, but on occasion errors of up to 700 percent have been documented"
This might sound crazy, I would think after say 24 years of making mistakes, making error evaluations of 20 to 30% on average, that this method would find a shelf somewhere. Umm hasn't anyone figured it out yet that this doesn't work? Or will we be reading PRs like this for the next 25 years?
In reality it was prolly well strategized by PGPM to use this method knowing full knowledge that it had a high percentage of error, nice lil catch all scapegoat.
Hypothetical PGPM conversation goes like this: "Lets tell them 900MM, all in favor say "aye". Now we all know that there is no where near that much, but heck with a range of 0-700% error this means we won't even have to go out in the field and physically test."
Damm I'm an idiot for thinking they went all high tech.
Posted by lostone on :
all these PRs that came out weren't really bad, it's not as good as teh 900mil barrels, but weren't bad.. stupid management don't know how to release PRs in the right order or give proper info.. not only that but we got ppl like OILDOG and his pseudo analysis using the estimated profits to calculate for the PPS, who the hell would do that.. unless they're looking for EPS from the profits.. if you wanna calculate PPS use assets/#shares. but anyway, i'm screwed .. so much for free money falling out of the sky..
Posted by lostone on :
i need a momo play
Posted by Sigma on :
An error of 700% wouldn't have been all bad. They still would have had some 125 million barrels.
Their error was 22,000%.
That's the difference between margin of error and blatantly lying.
Posted by syracuseO on :
A more accurate description of PGPM's Pinedo and Monet, are that they are inexperienced and were slightly incompetent.
Just because you start up a company from scratch, invest in a few oil wells, give you the necessary credentials to effectivelt guide the company through the PR jungle and on to immediate financial success.
Shareholders cannot hold the pink sheet PGPM's Pinedo and Monet to the same criteria as Microsoft's Gates.
Perhaps they made a big blunder with Tuesday's PR report.....unfotunately, they are compounding the error with more PR's souding like a cover up.
Again, Tuesday's PR report should have stated :
The following report does NOT include future revenue from the most recent (May 26th ) acquisition of 30 wells in Wichita, Texas, NOR does it include the future revenues of additional aquisitions expected to close in a week.
Then, they should have proceeded to provide the details of the Gustavson's conservative estimations.
Damage is done. Move on.
Short order.....Pinedo stop with the discussions/explanations of Tuesdays BooBoo.
Provide another immediate PR with the revenues of the Gustavson report AND the Wichita's 30 wells.....ADDING to the TOTAL revenue.
Then with the forthcoming acquisitions ( pending to sign in Canada's Quebec and mainland China ), provide another financial revenue update.....ADDDING to the TOTAL revenu.
This will add confidence to the shareholders and bring back the skeptics.
Now, since the Gustavson report was 3rd party, and conservatively estimates PGPM's value at around .60, THEN you add the recent acquisition with revenues from 30 wells from May26, and add on the future acuisitions to close in a week......
Hey ! We are seriously dealing with a .70-$1.00+ stock here.....
Time to stop the emotional rantings ( both from shareholders and PGPM ) .
It is no time to take a deep breath, exhale, and start the DD over again.
At .08 currently, and, 3rd party estimation value starting to creep to $1.00 + ( Gustavson, Wichita, Canada, and China )......
May be time to get back on board !!!
Posted by js49886 on :
they mentioned closing more aquisitions next week,... as soon as they release news about it (or the other report, or SEC fillings) you know it will probably go up. make of it what you wish.
Posted by lostone on :
so looks like it's gonna be at least another week or more to get some real good news.. i hope the MM's take it easy on us the meanwhile, we're already beatened up..
Posted by js49886 on :
im wondering when/if this aquisition is going to be in canada or china like mentioned a couple weeks ago. they said they were working on a deal. but idk
Posted by lostone on :
we seem to be picking up.. what's the L2?
Posted by Hold-em-er-fold-em on :
1 x .082 2 x .09 1 x .080 1 x .10 1 x .075 1 x .13
Posted by ArmySGT on :
they probably are closing the company running off with what they made out of all of us suckers!
Posted by Stockstar69 on :
I've had enough. Time to move on. Sold my free shares and made a few hundred $.
Now I just need to wait for GWGO to pop.
Posted by PCola77 on :
Nite moved the ask up to .09. If it moves up again it may be a signal to buy
Posted by syracuseO on :
Still low volume......
Phone calls should be place by anyone who has prior conversations with Eddie Monet or Rafael, so they place another PR that would ADD the Gustavson's ( 3rd party ) value of around $200 mil AND Wichita's 30 wells.
Then, when the other deals close, keep adding and compounding to TOTAL revenues .
Just because the expection ( unrealistic ) of $33/share value did not come through, should not fog the analysis of investing in a stock that could easily be worth $1++ .
You have to ask yourself, if you first anaylyze PGPM at .08 and can see the potential for greater value with very soon acquisitions to incease to $1 land......wouldn't you invest now?
If not, move on. I don't see that many other pinkies that can offer this type of return. Again, we are dealing with oil.....which is even more of a hot investment than gold and silver. Prices are moving up.....
Food for thought...Goldman and Sacks recently stated they expect oil to reach $100/barrel in the near future......
Add that to PGPM's stream ......it will only get better and better.
I am in, again, and will forgive Pinedo and Monet for this blunder. They DID try to provide an honest estimation on PGPM's oil reserves after the May 1st mistake.....only the way the PR's came out, it backfired.
Anyone calling Monet or Pinedo yet ?
The true investors will analyze the PGPM acquisitions, the market, and will still see that the value in PGPM is still there.
Posted by PCola77 on :
Nite down to .0875
Posted by Jlizard on :
Now your thinking rationally Syracuse
Posted by ArmySGT on :
ok now that i took the royal Dildo out of my rear, after getting banged for an additional .02 cents per share after 1000 and investing in something that was doing great from .004 and ended up getting burned by my bank once again!! Who is a great company to invest in and if i want to buy a million damn shares I dont have to buy it in lumps of 5500 or less without getting raped at the trade and commission of $19.95???
Posted by buckstalker on :
Sarge...you are getting way too emotional to be playing in the penny market...you may want to trade on paper for a while to get a better feel of what goes on here...
Posted by maumee river rat on :
good advice there buck*******.. Sarge this isn't yhe place for stress free entertainment..Takes a little time and usually alot of money to learn the game.. be patient and don't throw your money at something just because its cheap..Youll get you azz kicked most of the time. However, if you just want to pizz it away...PM me and I'll hook ya up with my routing #..
gl
Posted by Squire38 on :
quote:Originally posted by ArmySGT: without getting raped at the trade and commission of $19.95???
Look into TD Ameritrade. $9.95 per trade no mater how many shares you buy/sell. If I buy 10 million or 10 shares it is only $9.95.
Choicetrade charge $5, same deal as TD Ameritrade, but less bells and whistles.
But as buck stated, paper trade the crap out of penny until you get a system that works.
Posted by GhostRM on :
Is is still wrong to post stuff like this?
quote:Originally posted by GhostRM: It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
Posted by maumee river rat on :
Posted by ArmySGT on :
yeah im emotional cuz i got burnt in the hype and watched all my mullah go out the window thanks to thiefo PGPM, and my ignorance in buying into what all these other peeps on here said, cool though, lessons learned. I just wasnt expecting to get hammered like that at the end by my bank for an additional .02 cents a share for 4500 shares, when i bought 5500 at .004 so when you end up paying 2 1/2 for something that will never get that high you kind of feel like you just got Fuc*ed and when i had my wife call them they were like oh well its in the paperwork we sent out...yesterday. I signed up online and NO where does it say anything about if you buy more than 1000 shares you gotta pay an extra .02 for each additional share. So yeah a bit emotional on top of that my wife cut me off hahahaha so now im on the sideline, but want to find a trader i can use and buy what i want with what i have not get screwed like i did with my bank
Posted by buckstalker on :
Post whatever you want Repo...you have lost all credibility or respect that you may have had on this board anyway...
quote:Originally posted by GhostRM: Is is still wrong to post stuff like this?
quote:Originally posted by GhostRM: It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
Posted by maumee river rat on :
Sarge... Set up an account with Ameritrade or Scottrade or some other discount clearinghouse. The heck with banks.. Check it out
Posted by ArmySGT on :
hey all thanks for the help and listening to me whine, i got plenty of cheese lol, im still waiting for dave chappelle to jump out saying "Gotcha Bitc#" lol Its okay, each day that im out here kicking A$$ taking names and able to trade its all water under the bridge, i am likeing what i am reading about scottrade, $7 a pop any hidden fees? unlimited shares and minimum of $500 to get started, look for me soon!! feel free to drop me some more good advice, hit me up at patrick.yates at us.army.mil
I am going to sleep but at 0415 I will be back and its 2215 now! so be ready, i do pick winners just chose to stick with the losers lol.
Posted by buckstalker on :
I use Ameritrade $9.99 a trade unlimited shares...Good Luck Sarge and I want you to know, that I for one appreciate what you guys are doing over there.
quote:Originally posted by ArmySGT: hey all thanks for the help and listening to me whine, i got plenty of cheese lol, im still waiting for dave chappelle to jump out saying "Gotcha Bitc#" lol Its okay, each day that im out here kicking A$$ taking names and able to trade its all water under the bridge, i am likeing what i am reading about scottrade, $7 a pop any hidden fees? unlimited shares and minimum of $500 to get started, look for me soon!! feel free to drop me some more good advice, hit me up at patrick.yates at us.army.mil
I am going to sleep but at 0415 I will be back and its 2215 now! so be ready, i do pick winners just chose to stick with the losers lol.
Posted by js49886 on :
Yeah, better to do it like that. In fact. Both have referal programs. On Scottrade if you sing up under another members referal you get 3 free trades. Let me know if your interested I could hook you up. Also if your trading pennies(stocks under $1) on scottrade its $7 + 1/2% of the principle.
back on subject, I emailed PGPM about the next aqquisitions, and when where they might be. Will post when i get an answer
Posted by GhostRM on :
ArmySGT - you're in IRAQ right now, how do you find the time to trade and post here??? Aren't you evading IED's and stuff? Shouldn't you be on your M-60 wiping out whole regiments?
Posted by js49886 on :
all within a 10 minute time period
Posted by syracuseO on :
Army......
Sounds like your beef is with your brokerage account....not PGPM.
And trying to blame, whatever your losses, on the various posters on the PGPM board, who were/are positive, doesn't wash either.
As they say...."can't stand the heat, get out of the kitchen."
Don't feel bad......just about everyone was blindsided by the recent PGPM's PR resleases.
That said.....they STILL are an undervalued investment, and, even more so with the acquisition last week, and, pending acquisitions in the next week....IMO.
Not many stocks out there with PGPM's investment potential.....especially since it is oil and gas.
Posted by js49886 on :
definately some crap is going on.
just had over 550k over volume in 5 minutes (between 7 orders). 2, 100k buys *.08, & one 200k *.08... check it out.. Times & Sales
Posted by js49886 on :
OK.... 357K buy * $0.08 (15:15:19) Something is happening and we dont know about it. Just don't throw 30 grand into a POS thats headed down the tubes.
Posted by GhostRM on :
JS.. it's flippers. This thing will go back to .12 sometime in the near future... and then you will see the sells.
Posted by js49886 on :
Must be a technicalist..... RSI damn near went into the negatives(jk) after every1 hit the panic button yesterday.
What goes up must come down... & Vice versa
Posted by lostone on :
i'm so afraid of tomorrow.. i hope there won't be a massive dump for the weekend ..
Posted by js49886 on :
why, the massive dumps was yesterday morning. lol
Posted by lostone on :
quote:Originally posted by js49886: why, the massive dumps was yesterday morning. lol
lol maybe round 2 of #2 =)
Posted by TINPOZ on :
i think we've been had........... i hope this is a 15 round fight and its only the 2 round cause we're gonna need the xtra rounds to come back in this one..................
Posted by pepa z depa on :
quote:Originally posted by acemidland: dude..lucky to sell it above .10? This **** drops below .10 ill buy more...no ay you'll see under .10...still a good amount of oil there. Who really believed this was a $33/share stock?! This will go up. Oil is about to go through the roof. Don't be stupid bro....you guys are way to into whose right and wrong on here....see boiler room one too many times....its ****in sad
excatly as i told you, the price will be under 10 cents. Anyway i am still wating for lower price to buy PGPM once again.
Posted by js49886 on :
anyone notice this afterhours buy?
650k.. about 50 grand worth
Posted by Hitman on :
I Hope it goes down to .04 or .05 in the morning so i can buy some shares cheap to help cover my Unreaslzed Loss.... It dropped to fast for me to get out ... so im stuck with 10,500 shares at .13 But its only $ I still think it will recover. So some cheap shares will help.... I should have noticed (When i saw the video interview with the CEO).... that he didnt appear to have it all together.... But He used to Work for Microsoft in a high position so I- took a shot at it...... I drive an 18 wheeler Over The Road and now in RENO.... and lots rather trade stocks than Feed the Slot Machines here at the T/A Truck... Posted by ArmySGT on :
quote:Originally posted by GhostRM: ArmySGT - you're in IRAQ right now, how do you find the time to trade and post here??? Aren't you evading IED's and stuff? Shouldn't you be on your M-60 wiping out whole regiments?
No sacrifice to small, no mission to great, or something like that, I can run on 4 hours of slepep, so my down time is during the evening here (which is day time there) Wiping out whole regiments....? Too many war movies bud, we wipe out division and regimes instead of regiments. Dont worry I will be back all and again thanks for the help
Posted by ArmySGT on :
quote:Originally posted by js49886: Yeah, better to do it like that. In fact. Both have referal programs. On Scottrade if you sing up under another members referal you get 3 free trades. Let me know if your interested I could hook you up. Also if your trading pennies(stocks under $1) on scottrade its $7 + 1/2% of the principle.
back on subject, I emailed PGPM about the next aqquisitions, and when where they might be. Will post when i get an answer
when you say 7+ 1/2 that means????
Posted by js49886 on :
$7, plus 1/2% of what you spend... say you buy $500 worth of stock ... it would be $7 + $2.50 = $9.50 ... see what I mean? ... but thats only for penny stocks.
Was just a suggestion if your looking to start an acct. with scottrade, we would both benefit. Cause it seems that bank ripped you off.
Posted by TINPOZ on :
dont feel bad hitman im in at .2 for 10,000 shares myself, we need some viagra for this ***** now.......... i still think in a couple of weeks we may recover nicely........... IMO
Posted by ArmySGT on :
quote:Originally posted by js49886: $7, plus 1/2% of what you spend... say you buy $500 worth of stock ... it would be $7 + $2.50 = $9.50 ... see what I mean? ... but thats only for penny stocks.
Was just a suggestion if your looking to start an acct. with scottrade, we would both benefit. Cause it seems that bank ripped you off.
hey definitely sounds like i will be going with this. Just give me about 5 months, then i will be home and my wife will let me play again, keeping fingers crossed to see if I can talk her into letting me go in earlier
Posted by OILDOG on :
Pretty incredible. Has anyone,ANYONE AT ALL,bothered to READ Gustavsons report? It's ONLY 4 pages long. English,simple,understandable. And, NOWHERE do they EVER mention $200 million dollars valuation. NOWHERE!!!!!!Its $40 million for PGPMs 20% working interest.Period. IF they find 4 pinnacle reef targets and IF they actually drill them and IF theres a million bbls of oil in them and not saltwater(happens).They ignored PGPMs existing "production" because: "We have not considered the old, shallow production, the wells from which have been mostly abandoned. Likewise, we have not analyzed the Barnett shale potential, which we consider remote, because of the location far away from the fairway of that shale play." Mostly abandoned!!!!At the end of 2005 their gross revenues were only a couple hundred thousand. If all of it was from oil production, then they only produced a few thousand barrels during ALL of '05. NOT the 20 million barrels Fast Eddie (vp of American Crapital Investments) has been telling some people on other boards!! POSSIBLE oil in the ground is NOT worth as much as oil in the storage tank.I'll bet if you offer Pinedo $20-30/bbl for the MAYBE oil that has'nt been found yet,he'd snap it right up. Again, NOWHERE in that report is $200 million EVER mentioned. READ IT YOURSELF!! Notice the big cheerleaders and pumpers are gone. Seems to be the second wave of the scam along with the stuckholders spinning now,fishing for new suckers.You can bet the os & float arent the same anymore either. They've been selling a lot of shares. With pinks, if it seems to good to be true,IT IS!! "The clumsily timed swoop of the pigeon invariably leaves him splattered on your windshield, and his money in your pocket" - Shi-tzu "The Art of the Scam"
By the way, the reservoir calculation methodology is accurate,and correct. It was PGPMs misunderstanding/manipulation that's the problem.
Posted by Hitman on :
Right. But its still IF's and MAYBEs.They still have to find a target,and DRILL IT. And they have to get the 80% owners in or force pool and incur ALL the risk and costs themselves. Do YOU see them doing that? I dont. Check it out from Pink Sheets.com Looks very positive report concerning (Gust..Report)
Posted by Hitman on :
How many Penny {Oil Stocks) can claim proven reserves that high.... And that is only in one location..... They r caining wells all over.... The stock will recover.... Do a complete DD not parts of DD
Posted by OILDOG on :
Jeeeezzzz Hitman. They have NO proven reserves. Their NPV is NOT $196 million, you got THAT crapioca pudding from their bs pr. They only produced 20 bbls of oil in January '06. This year. Ive done more COMPLETE DD than you and all the rest COMBINED!! Unless they actually go out and drill some wells and FIND oil, there IS no potential. Their new acquisitions add almost NOTHING. Maybe 45 bbls/day TOTAL???? Not much.
Posted by Hitman on :
Wow... sounds good to me.... hope stock does drop lots.. culd b gr8 buy then.
Posted by Hold-em-er-fold-em on :
I take it you have 0 shares Oildog! correct?
Or you plan on selling because of this scam!
I'm impressed with all your evaluation of this stock that I assume you don't own, but I don't understand why.
There are alot of stock's listed on this board that are truely scams and very obvious.
If you dont own this, then you sure exercise alot of attention to a stock that is worthless in your eyes.
Alot of DD, but do you own this? LOL
Posted by TruthLiesWithin on :
And when it goes up, the usual will disappear...
It's just a game to me...
Posted by Hitman on :
This stock is not a scam.... they were willing and paid for the testing... scam stocks do not do that... they never put their money where their mouth is... PGPM did... and will do again
Posted by TruthLiesWithin on :
Gustavson preliminary report provides a reviewed, more thorough and conservative identification of the company's current assets value and resource estimates. This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. Neither report will include any marginal existing production or take into consideration a significant amount of processing equipment already in place. After all the complete report from Gustavson will be done in weeks, we are confident that this final number of Potential Resources will be significantly higher.
What report are you reading?
Posted by OILDOG on :
quote:Originally posted by Hold-em-er-fold-em: I take it you have 0 shares Oildog! correct?
Or you plan on selling because of this scam!
I'm impressed with all your evaluation of this stock that I assume you don't own, but I don't understand why.
There are alot of stock's listed on this board that are truely scams and very obvious.
Yes,still have 2000 shares. I dd because I enjoy it,like to look to see IF there is any TRUE potential(long term),because I KNOW the oilpatch,I've worked in it for 35 years,ect ect. What difference does it make if I own shares or NOT?Its getting pretty obvious who wants the suckers/newbs to come in and get screwed. If you dont own this, then you sure exercise alot of attention to a stock that is worthless in your eyes.
Alot of DD, but do you own this? LOL
Posted by OILDOG on :
Same report YOUR reading ,truth. Im just not trying to spin it. Gustavson didnt consider their MARGINAL production because it INSIGNIFICANT!!!! Around 250K total revs,including their subsidiary,old rusty tank batteries,pump jacks. MOST of their "wells" have been plugged and abandoned.Gustavsons report is about what MIGHT be their. NOT proven,maybe probable,maybe.Besides, PGPM only gets 20% of anything thats found anyway.
Posted by Hold-em-er-fold-em on :
Oildog!
None of these small cap stock have any guarenteed potential, and I make my own decisions on what to do with my own money.
When I first started trading I listened to people telling me to buy and telling me to sell, or how much of a scam a certain company is.
I'm glad your looking out for newbies, but my guess is they will learn a few lessons [like most of us have here] with or without you.
So if protecting people is your actual intention here then I applaud [ He claps loudly ] you.
GLTA!
Posted by GhostRM on :
Hold-em-er-fold-em... looks like your about to bust out... .076 close.
Posted by OILDOG on :
Not looking for guarantees,not that naive. When I first started, I got lubed in just about every stock I played. NO ONE posted real dd,talked about it,pure BS,just PR's and email/phone calls from their handlers. Phony baloney crooks on and off this board. Keep info on Urban Cassavante,Mario Pino,others and their multiple scams and "network",including people here. If I can knock the pins out from under one of their scams,or reduce the swag they collect, PAYBACK!!!! If it helps others,newbs,great too!! Just so you know.
Posted by buckstalker on :
Repo...thought you got banned?
quote:Originally posted by GhostRM: Hold-em-er-fold-em... looks like your about to bust out... .076 close.
Posted by GhostRM on :
Why do you keep saying I'm repo?
Posted by Hold-em-er-fold-em on :
quote:Originally posted by GhostRM: Why do you keep saying I'm repo?
Just a hunch! LOL
Posted by buckstalker on :
Duh!!! Lets see...you signed on as GhostRepoMan the same day you got the boot (May 31st) and just happen to show up here on this thread with the same rhetoric that you were spewing before...Doesn't take a rocket scientist to figure out the mentality of a paid thief...
quote:Originally posted by GhostRM: Why do you keep saying I'm repo?
Posted by Hold-em-er-fold-em on :
Ghost!
" Enjoy your one star "
Sound famliar? LOL
Posted by GhostRM on :
RM stads for Rodney Marion..... but you're not cultured enough to know that Louisiana ghost story.
I guess because you pump this stock, you must be San Diego Joe in disguise. How's the weather in CA today?
Posted by Hold-em-er-fold-em on :
Buck,
Take a look at the CIRT thread and look at the posts! LOL LMAO!
Whats up REPO!
Posted by buckstalker on :
Repo...
1. I have been here longer than you have been out of diapers, and I challenge you to go back and show me one single post of mine for the last 2 1/2 years where I have pumped any stock...
2. RM stands for Paid Thief...
3. Funny how the GhostRM and the RepoMan post on the same threads...NLST....FRPT....PGPM...CIRT
4. You are so transparent that it is actually quite humorous that you chose GHOST as your new alias....too funny man...a car thief telling me I am not cultered enough...LMAO here...you should seriously consider going into comedy.
quote:Originally posted by GhostRM: RM stads for Rodney Marion..... but you're not cultured enough to know that Louisiana ghost story.
I guess because you pump this stock, you must be San Diego Joe in disguise. How's the weather in CA today?
Posted by syracuseO on :
OilDog and others;
If some of you can read the Gustavson report accurately.....
PGPM chose Gustavson because Gustavson is very FAMILIAR with the North Texas region. They are not a 7-11 type of micky mouse operation......they are well known in the region and provide numerous reports for oil/gas , mining, govement and many other agencies.
For anyone to suggest that Gustavson is boggus is simply a basher, and, is defying reality.
Gustavson knows the area well, and, this is why they are placing , in there opinion, a favorable, low-risk, and high drilling success designation in Pilgrim's land.
IMO, PGPM realized that they needed to get some accuracy in the estimation of the existing properties.
From now on, with last weeks acquisition, and, perhaps next week's acquisitions ( plural ), we should be back on track.
Don't forget, we are dealing with oil and gas, and when we have further Gustavson ( 3rd party ) evaluation reports on the acquisitions, the value of PGPM will escalate nicely.
Posted by syracuseO on :
Hey some people must know something......
650,000 share block purchased just after yesterday's closing !
Add the 357,000 share block, 200,000 share block, and 2 x 100,000 share blocks...all bought after 3:00 PM yesterday........
Ya think there are people who know something more than we do ??
Posted by js49886 on :
thats what I was thinking.
Posted by ballyman on :
Some peeps either know something, or have a lot of faith. They got more faith and $$$ than I got, LOL. Layin down some BIG $$$. But ya know what I won't mind a bit if they are right.
Posted by buckstalker on :
Traders that are layin down that kind of cash aren't doing it on "faith"...they are "in the know"...
quote:Originally posted by ballyman: Some peeps either know something, or have a lot of faith. They got more faith and $$$ than I got, LOL. Layin down some BIG $$$. But ya know what I won't mind a bit if they are right.
Posted by OILDOG on :
Your incredible syracuse,Ive NEVER suggested Gustavson was bogus. NEVER.Im also familiar with the North Texas area,and I can read their report just fine. I dont think YOU have read it AT ALL!!!!
Posted by GhostRM on :
Wasn't Syracuse bashing this stock last week? I guess he went long and covered his short position.
Posted by buckstalker on :
No...that was you repo...
quote:Originally posted by GhostRM: Wasn't Syracuse bashing this stock last week? I guess he went long and covered his short position.
Posted by GhostRM on :
Wrong again Buckwheat. Here's the proof:
quote:Originally posted by syracuseO: Hey there Hawk....
Normaly I would tend to agree with you, but the Gustavson report clearly states the estimated value of PGPM's current wells at $40 mil, and, the costs at $10 mil ( or 25% ) .
Hence, $30 mil ($40-$10) divided by O/S = .09
I am out.
Yes you have to be skeptical about investing in pink/pennies, but as with any stock....as soon as the company lies to it's shareholders or is found to be fraudulant in any way, run for the hills !
Plain and simple. PGPM is ESTIMATED to be worth .09.....based on the supposition that 2/3 wells will be profitable.....what if only 1/2 wells are profitable.....the the value declines less than .09 .
The majority of pink investors put there money in these stocks for anticipated value gain ( even with all the associated risks involved) .
With PGPM, we are at their value, .09. Nothing more coming unless PGPM will buy more sites.
DONT'T FORGET......PGPM just had a recent acquisition ( May 26th announcemet ).....which means that PGPM's value was even LESS than .09, before this acquisition !!
Talk about BS !!
Talk about BS......PGPM purchased the Wichita Texas lease to BOOST the value that would be forthcoming in the Gustavson report.
If PGPM did not acquire the latest lease, the value of PGPM would probably only be worth .05 or even less.
Isn't it funny how this report came out on the tail of their recent acquisition ?
Can someone say consipracy ? BS ?
I am sorry, PGPM has lost ALL credibility (even for a penny stock), and, there is no anticipated increase in value beyond .09 ( unless they purchase new oil sites ) .
But, would you believe PGPM if they said that they acquired new sites and gave out estimations?
Too many qustions, and, too many other Pink/OTC oil plays that offer better investment potential .
Because of PGPM management's May 1st PR.....and today's subsequent valid report.....everything from PGPM becomes suspect.
GLTA if you you can stomach a stock who intentially misrepresents it's assets. And make no mistake.....the May 1st PR was a calculated deception......these are not oil newbies !
Out and into another oil play. GLTA.
Posted by OILDOG on :
Excellent GhostRM, I'd forgotten THAT one. He's pumping,trying to lure newbs in.
Posted by GhostRM on :
Syracuse is the one buying all the shares..hahaha...
.075 now. When do we start the CMKX death watch for this stock?
Posted by Hold-em-er-fold-em on :
LOL
Repo! did you just buy back in!
Posted by buckstalker on :
Oildog...If Syracuse is pumping...then I would classify your posts as bashing...fair enough?
The truth is that neither one of you know what will happen in the future with this stock...
So, I guess I don't understand your reason for posting other than this may be a forum for you to show us all your oil "expertise"...
quote:Originally posted by OILDOG: Excellent GhostRM, I'd forgotten THAT one. He's pumping,trying to lure newbs in.
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 2, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today negotiations to acquire production and acreage of approximately 7300 total acres in Johnson and Wise county in the Texas Barnett Shale, the best play in the country. This property has a history of great production and existing conventional well bores available for reentry; Pilgrim Petroleum will focus on refitting the properties with additional horizontal and directional wells. Some seismic data is available with this acquisition, which will facilitate a reserve report. A final agreement is expected to be completed in the next few weeks. Stephen Richardson, Pilgrim Petroleum Vice-President, said, "Each acquisition builds our natural energy reserve base. We will continue to acquire properties and bring our wells on line throughout 2006 in order to increase our residual revenue."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production. Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS MERGER/ACQUISITION SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619- 864-0166 www.apetroleum.com Posted by Hold-em-er-fold-em on :
Heck ya baby!
Keep purchasing new property!
Thanks for brining it down boys so I could load up this morning, and average down!
Posted by js49886 on :
Nice.
Posted by Hold-em-er-fold-em on :
A little Barnett info from other sources!
In fact, the Barnett shale play in the Fort Worth Basin in north-central Texas has become so phenomenal that many industry participants now predict it ultimately will surpass the Hugoton Field as the largest natural gas field in the United States. Already, it’s kicked out more than one Tcf of production, and there are likely several Tcf of booked reserves, according to consulting geologist and Mitchell Energy alum Kent Bowker.
Posted by Repoman75 on :
.082, what a run on this news!
By the way, rumors of my "demise" were unwarranted. I was merely vacationing for a few days in the Turks after covering my 500K share short position from .14 at .085.
Good to be back.
Oh, and buck*******, there's only 1 Repoman.
Posted by Sigma on :
Yeah, keep "purchasing" property in extremely low-yield areas of the Barnett Shale but tout your company as tapping "the world's greatest play".
Gustavson's report cautioned PGPM on this. It said that their supposed "Barnett Shale" properties were so far off boundaries of the oil that they didn't even want to waste their time evaluating them because the likelihood of any oil was "remote".
For one, you can't tap into the Shale from Johnson County at all, so I don't even know what they doing making that statement. Wise County can be extremely lucrative, but the good stuff and even the not-so-good stuff has been gobbled up for some time. Now it's down to the big guys eating up the little guys that had the foresight to buy Barnett property year ago. note XTOs deal yesterday to buy one, and the huge deal last month by Devon to buy another. There's no decent property left to buy//lease outright.
Not to mention there's no way that PGPM could even afford the good stuff. Good Barnett leases go for $12,000+/acre. Thousands of acres run tens of millions of dollars.
Posted by Hold-em-er-fold-em on :
Posted by OILDOG on :
Fair enought buck,if actually DOING dd & investigating a stock is "bashing",I'll wear it proudly. Better than being in bed with the scammers,nooget eaters and criminal element!!!! And I never try to "predict" a stocks behavior, Ill leave that to you and others.
Posted by OILDOG on :
How coincedental,Wise Countie is where I got MY pinnacle reef and Barnett shale "expertise". And your right Sigma, but,PGPM has some sucker money from this scam. They MIGHT actually be able to pick up some leases!!!!
Posted by ballyman on :
quote:Originally posted by Sigma: For one, you can't tap into the Shale from Johnson County at all, so I don't even know what they doing making that statement.
Could you elaborate a bit on this for us non Texan folk? Thanks
Ball
Posted by js49886 on :
Anyone notice how Stephen Richardson the V.P. commented on todays news & not Pinedo (CEO).. thoughts
Posted by js49886 on :
hmm 2 more big orders for 200k each * .082
as well as some for 100k, & 50k
700k volume in 5 minutes.
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 2, 2006-- Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce record in current Financial Ratios as of May 31, 2006:
-- Net Profit Margin = 25.64%. It means that for each dollar of sales that Pilgrim generates, it is contributing 25 cents to its bottom line (net income). It reveals how Pilgrim's management controls the cost structure of the firm.
-- ROA = Net Profit after tax/total assets = 24.63%. Indeed, well above average, earning almost 25% on our asset investment.
-- ROE = Net Profit after tax/Stockholder's equity = 25.35% growing ROE or ROI. Pilgrim is striving to payoff its investors! This financial ratio tells the rate that shareholders are earning on their shares. (Generally, companies that generate high return relative to their shareholder's equity are companies that pay their shareholders off substantially, creating significant assets for each dollar invested. These businesses are more than likely self-funding companies that require no additional debt or equity investments.)
Pilgrim Petroleum's goal is to keep improving these ratios, not only will new leases contribute to an immediate increase of revenues as well as the overall production levels, but also the recent contract with Basic Energy and JAR will boost the production expectations. Here are some additional highlights: -0- *T
1) Increase on financial ratios over 300% comparing with the figure from six months ago, from negative to positive ratios.
2) We have no debt. Our obligations, are solely to our stockholders.
3) Estimated substantial revenues from new development of reserves
4) Short and Mid term Growth Strategy through new acquisitions
5) Plans to venture with peer companies to acquire working interest in attractive new prospects. This way, Pilgrim will be able to reduce the risk of exploration projects while increasing new sources of revenue.
*T
Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum is growing exponentially in a very short time; the results for this coming quarter will be the best ever for the company. Our focus is not only to increasing profitability, but also achieving long-term sustainability."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com Posted by Hold-em-er-fold-em on :
NO DEBT!
I like this company!
Awesome PR!!
Posted by js49886 on :
blah, u beat me
Posted by madOIL on :
1) Increase on financial ratios over 300% comparing with the figure from six months ago, from negative to positive ratios.
WHICH WERE WHAT? anyone got these so called figures from 6 months ago?
Posted by OILDOG on :
heh heh A PR everyday,soon one every hour.WHAT A GRRRRREEEEEAAAAAATTTT COMPANY!!!!!
Posted by Hold-em-er-fold-em on :
Ok this is the first time I've seen no Debt come out of them correct me if I'm wrong.
These guys are serious about growth!
ROA at 25 % that is awesome!
Posted by Sigma on :
quote:Originally posted by ballyman:
quote:Originally posted by Sigma: For one, you can't tap into the Shale from Johnson County at all, so I don't even know what they doing making that statement.
Could you elaborate a bit on this for us non Texan folk? Thanks
Ball
Here's the active wells in the area, showing SE Wise, SW Denton, NE Parker, and NW Tarrant counties:
Johnson county is south of Tarrant county a good 75 miles away. It's full of permits to drill that speculators have picked up betting that there's oil there, but theres only a couple wells in the entire county, compared to hundreds and hundreds in the area pictures above.
Posted by OILDOG on :
yeh, their financial statements are on their website,as I been telling you all,repeatedly. Almost no income,until May 1 (who'd of thunk). $800 dollars in office furniture, 3900 a year rent on the office (storage shed?).All there to see.
Posted by syracuseO on :
Well Gee Sigma and OilDog...
you bashers have some arterier motive for all the negativety??
You are most likely hoping to short the stock with all your garbage.
OilDog.....just coincedentaly you have your "expertise" from Wise countie.
BOY ! What a coincedence. And if anyone believs your BS, I have some valuable swampland in Canada for you to gain more "experience" !
Ha ! coincedence !
You have no credibility at all when you state that.
You guys need to get out more and have a life.
Can't stand the negative bashers that spew out BS and opinions with out any facts.
And the Gustavson report was for the Chapel Pinnacle Reefs area.....no mention about Wise county......
Or are did you guys get your "expertise" in the Pinnacle Reef area also ??
Boy, be honest and state that you are bashing the stock, in hope that the PPS will go down and you can profit.
be honest, do screw around.
If you are not shorting PGPM, and, only bashing because you have low self esteem, then get a life and move on.
Your ranting is jeuvenile.
You have something factual to say, say it.
Your Concidental "expertise" does not hold water and is cut from the smae mold that you seem to be bashing !!
Posted by Repoman75 on :
I shorted the stock at .14, covered at .085. If it hits .14 again, I will short 1 million shares this time around. Easy money.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: I shorted the stock at .14, covered at .085. If it hits .14 again, I will short 1 million shares this time around. Easy money.
From your offshore account im sure! LOL
Posted by rimasco on :
nice trade REPO...was wondering were you went
Posted by madmoney on :
quote:Originally posted by OILDOG: yeh, their financial statements are on their website,as I been telling you all,repeatedly. Almost no income,until May 1 (who'd of thunk). $800 dollars in office furniture, 3900 a year rent on the office (storage shed?).All there to see.
this PR (SOUNDS) impressive but they give NO FIGURES! because if they did this would tank!, they may be earning some money ( a few hundred thousand ) but WAY overvalued at this price, it was the statement of 900 million barrels that pushed this up 2000 percent! and that was a lie or misteak! they have 1/2 of 1 percent of what the may 1st PR stated! these PR`s are a desperate attempt to keep the price up, the next financial statement will show a big increase in income alright but most of it will be from the sale of equity ( STOCK )
Posted by syracuseO on :
Get a life OilDog....
Your 1 star and Sigma's 2 stars say it all......
Stop bashing for your own personl financial benefit !
We are all on to you and what you are up to !!
Posted by OILDOG on :
Go back a few pages boy Syracuse,you'll find I did mention Wise Co,and,pinnacle reefs are THE oil production in the Barnett shale,WHEREVER it is.I worked a number of Anadarko Petroleum wells in the mid 80's around Lake Bridgeport (nice place,excellent fishing).And I dont short, too new,dont know enough! Cant thru Ameritrade anyway.Besides,do you really think PGPM,with virtually NO money,is actually going to drill multimillion dollar horizontal wells? Taint likely!!!!
Posted by madOIL on :
anyone seen an actual financial statement from this company? 12-2005 ratios from their website ROA - 12.9% NPM - 25.6% ROE - 13.3%
NICE NEGATIVE NUMBERS as they stated they increased from lol- something just seems real "fishy" about PGPM's financials doesnt add up for stock to be this high priced oh well thats the market i guess
Posted by Sigma on :
How does a company hold tens of thousands of acres of land but have no debt? There's no way they made enough on their stock offering to pay for all that land. If they're spending their own cash on this more power to them.
quote:And the Gustavson report was for the Chapel Pinnacle Reefs area.....no mention about Wise county......
Haha. No offense meant seriously, but you know nothing about oil do you?
"Pinnacle Reefs" isn't an "area" like "Wise County", it's a geologic formation that can occur anywhere. Anywhere underground of course. It's where large sources of oil can be found. Chappel Pinnacle Reefs occur under Wise County.
quote:Or are did you guys get your "expertise" in the Pinnacle Reef area also ??
Sorry, I haven't spent much time 10,000 feet underground. Have you?
quote:Boy, be honest and state that you are bashing the stock, in hope that the PPS will go down and you can profit.
be honest, do screw around.
Don't own a penny of it and haven't shorted a thing. I'm just tired of newbies being burned because they're only presented with one side of the story. Every story has 2 sides. I'm not claiming anyone to be "right" or "wrong". I'm just offering a different POV.
quote:You have something factual to say, say it.
You mean "factual" like talking about the Pinnacle Reefs as if they were an area of Texas?
Posted by syracuseO on :
Oh Yeah OIlDog and Sigma.....
The people who just purchased 500,000 shares the last 10 minutes....
1 x 200,000 block
2 x 100,000 blocks
are all idiots and stupid investors.
Oh, and not to mention the guy that spent $50,000 yesterday for 650,000 block of shares after 4:00PM is an bonehead.....
and the block of 357,000 shares, plus another 200K, plus 2 x 100K block of shares are ALL retards that have no idea or concept of PGPM.
These people are all idiots and you guys are the chosen ones who have the REAL knowledge and "expertise".
Ha HA Ha
Think about how OBVIOUS your rantings are with your attemnpts to get people to sell.
Think about it......you guys don't want PGPM to increase in value, so you are bashing it.
Meanwhile, many other "idiots" are forking over $50,0000 $25,0000, $15,000 for what they feel is a good investment.
Gee, maybe they are on to something.......
Posted by OILDOG on :
Those idots just MAY be manipulating the stock,every THINK of that?
Posted by Sigma on :
quote:Think about how OBVIOUS your rantings are with your attemnpts to get people to sell.
Think about it......you guys don't want PGPM to increase in value, so you are bashing it.
Think about it.... why would I care if PGPM increases in value or not? I have no vested interest in it one way or the other.
Why do you care so much if someone hears an alternative point of view? What makes your opinion any more valid than mine?
And who cares how much money someone put into it. I've put a lot more money than that into stock before only to lose it, millions of people do it everyday. $50,000 to you is pocket change to someone else. It's all relative.
Those people are either 1> betting on volatility to flip for 'small' gains, or 2> betting on potential. And I think that PGPM has potential, I haven't said anything contrary to that fact, it's just that potential is nowhere near where some people would like to see them right now. For the near-term, they're properly-valued IMHO.
Posted by syracuseO on :
Boy Sigma.....
You got me....
Since you admit you don't know enough about stocks and shorting I "too new"), then why are you spending so much time bashing PGPM ??
You are coming off at having all this wonderful knowledge, and your tiresd of newbies getting burned.....so what, you guys are the "chosen" ones to go forth and express to the world, "watch out" for pennies and pinkies.....you could get hurt !
Please, go sell you balogny elsewhere.
You are right, and, all the others spending $10 of thousands of dollars in a pink stock are dumb dumbs
WHY in the world should anyone LISTEN to you, when you bash the stock.
This board is for intelligent discussion, not emotion ranting and negative namecalling.
God's sake.....anyone investing in pennies knows the risks......
Posted by Hold-em-er-fold-em on :
quote:Originally posted by OILDOG: Those idots just MAY be manipulating the stock,every THINK of that?
Yes,
LOOK at all the manipulation buys coming in! Posted by js49886 on :
ask moved to .09
Posted by Hold-em-er-fold-em on :
Ask back to .09 More manipulation!
3 x .080 1 x .090 2 x .070 1 x .095 1 x .010 1 x .10
Posted by buckstalker on :
Oildog, madOil, and Sigma...If you are here to "Save the Newbies" why aren't you posting the same negativity on any of the other POS stocks that are out there...why only this one? There are a sh*tload to chose from...no?
I have been here quite some time...I can't stand pumpers or bashers, and I am all for "both sides of the story". The last thing that I want to see are newbies getting sucked in to a POS stock or talked out of a good one for that matter...but I have got to say that the posts that I have seen lately by the 3 of you "out of nowhere" saviors have set off alarms for me.
Posted by Sigma on :
quote:Since you admit you don't know enough about stocks and shorting I "too new"), then why are you spending so much time bashing PGPM ??
Where did I claim anything about being "too new" or not "knowing enough" about stocks and/or shorting?
quote:WHY in the world should anyone LISTEN to you, when you bash the stock.
And why should they listen to you when you praise it?
quote:This board is for intelligent discussion, not emotion ranting and negative namecalling.
Emotion ranting? Name-calling?
Where have I done either of that? I haven't called you anything even remotely negative. I've pointed out the things in their PRs that I find to be misrepresentful and I've explained why I thought so, and even provided outside sources for the information.
I'm attempting to have an intelligent discussion. It's unfortunate that it's looking to be rather one-sided at the moment.
Can you explain how property in Johnson County is going to add to their production? Can you explain how a micro-cap sub-penny with no debt is financing the acquisiton of tens of thousands of acres of land worth tens, if not hundreds of millions of dollars? Can you explain how Wise County acquisions will allow them access to the Barnett Shale any more than their previous "Barnett Shale" acquisitions that Gustavson claimed weren't even worth their time to evaluate?
I've never claimed to be an "expert" in oil, though it's clear I know more in the area than most on this Forum. Pennies aren't areas where you learn a lot about an industry before investing in it, so I wouldn't expect that here. But in the past I did a lot of investing in energy and mining companies on the major exchanges and those are areas that I know a lot of simply from my investing activities. That doesn't mean that one couldn't have an intelligent discussion on the merits of a particular stock with someone, regardless of their overall knowledge of the industry.
An intelligent discussion doesn't take place when someone says "Hey, what about..." and the other party's response is "BASHER!!!*1!11!!!". Address the points if you want an intelligent discussion. I sincerely look forward to it.
quote:God's sake.....anyone investing in pennies knows the risks......
But they don't know that there's at least as many people on this Forum trying to screw them as trying to help them (and I'm not claiming that you're either of the above). It's a completely different way of doing things in the pinks, and it's a shock to most newbies. ArmySGT is a great example. It's too easy to get swept up into the hype when 99% of the people are hyping it has a $1+ stock and the 1 guy that's not is ganged up on as a "basher", whose opinion is belittled, even though he's only presenting information that at least as factual as the information that the pumpers are presenting.
A penny-stock could be claiming that the sky was really a shade of Red and I swear half the people on this Forum would swear it was so to God himself and burn the guy claiming it was Blue at the stake if it would help make them an extra 10%.
Posted by syracuseO on :
Sigma....That was a clear and level headed post.
Thank you.
It is just that many of the previous posts are full of emotion and less on level headed discussion.
Look at what is available now and from this point on.
They are a NEW company that OBVIOUSLY have some financial backers......you don't think they will buy up land and multiple properies for nothing ??
Time will tell with PGPM, but, there is obviously potential there.
Lets move on, and look forward.
Posted by Hold-em-er-fold-em on :
Agreed!
Lets have level headed discussion from here on out!
Im here to make money like everyone else! Lets do it peacefully, and like adults!
Posted by Sigma on :
quote:Oildog, madOil, and Sigma...If you are here to "Save the Newbies" why aren't you posting the same negativity on any of the other POS stocks that are out there...why only this one? There are a sh*tload to chose from...no?
I know Energy and I know Mining. From an investing point-of-view anyhow. You will find that I bring up the same questions on other stocks including ones that I own. Look at the AURC thread for example. I'm not going to bring up questions on a stock that I know nothing about unless there's something glaring in the financials.
PGPM is just a stock that I wanted to buy into a couple weeks ago and therefore looked at extensively and still follow. I think there's potential here, just not near-term. As technology gets better, yield can increase exponentially. And wells that we once thought were worthless become profitable. Land that once was speculatory becomes highly valuable for its' oil yields.
I think PGPM is positioning itself relatively well. Dozens of small companies BLEW UP when the Barnett Shale took off; start-ups a couple years ago are now selling for hundreds of millions, if not billions, now. But I personally believe that their press releases are misleading as to the near-term performance of the company. From an investors POV I think the stock is going do worse before it does better. But when it does better it's going to do a lot better.
Posted by OILDOG on :
No problem, that's what I've been doing all along, presenting fact,from their own website and other sources (Texas RR commission). Just seems to rattle off a tin roof. Had a thought,MP (Mickeys Method..youll have to find it,Bob would just xx the url anyway),has identified "permanently suntanned offshore "interests" " with a llllooottttt of money,disciplined "waves" of buying,expertly running pennies lately. Could this be one? Great ride if it is,but a ton of bagholders.
Posted by Hold-em-er-fold-em on :
Ask at .095 now
Posted by js49886 on :
yep
Posted by buckstalker on :
Good enough...thanks for the response, and please don't take offense...
quote:Originally posted by Sigma:
quote:Oildog, madOil, and Sigma...If you are here to "Save the Newbies" why aren't you posting the same negativity on any of the other POS stocks that are out there...why only this one? There are a sh*tload to chose from...no?
I know Energy and I know Mining. From an investing point-of-view anyhow. You will find that I bring up the same questions on other stocks including ones that I own. Look at the AURC thread for example. I'm not going to bring up questions on a stock that I know nothing about unless there's something glaring in the financials.
PGPM is just a stock that I wanted to buy into a couple weeks ago and therefore looked at extensively and still follow. I think there's potential here, just not near-term. As technology gets better, yield can increase exponentially. And wells that we once thought were worthless become profitable. Land that once was speculatory becomes highly valuable for its' oil yields.
I think PGPM is positioning itself relatively well. Dozens of small companies BLEW UP when the Barnett Shale took off; start-ups a couple years ago are now selling for hundreds of millions, if not billions, now. But I personally believe that their press releases are misleading as to the near-term performance of the company. From an investors POV I think the stock is going do worse before it does better. But when it does better it's going to do a lot better.
Posted by js49886 on :
Unless Im just being fed this for the sake of getting hopes high on here. Here is the email response I got from yesterdays email(replied today).
"On this morning PR the time for closing is whiting weeks, our two other acquisitions will take more time since are overseas, many factors a due diligence is pending for a final closing. Our acquisition's in Texas are very fast. On the Gustavson issue, a final report will be deliver to us on the next few weeks, this report will contain items necessary to complete our financial audit required for our filing with SEC. I also anticipate a significant increase on the calculations for the reserve report. This will be a good surprise for many. We like to be out of PinkSheets a soon as possible, we are moving as fast as we can on that.
Regards
Rafael Pinedo"
Posted by Hold-em-er-fold-em on :
1 x .086 1 x .095 1 x .083 2 x .10 4 x .080 2 x .12
Posted by Hold-em-er-fold-em on :
.090 x .095 now
Some people really liked the news today!
Posted by js49886 on :
looks like its begining to sink in now
Posted by Hold-em-er-fold-em on :
Number 2 is what I like the most !
1) Increase on financial ratios over 300% comparing with the figure from six months ago, from negative to positive ratios.
2) We have no debt. Our obligations, are solely to our stockholders.
3) Estimated substantial revenues from new development of reserves
4) Short and Mid term Growth Strategy through new acquisitions
5) Plans to venture with peer companies to acquire working interest in attractive new prospects. This way, Pilgrim will be able to reduce the risk of exploration projects while increasing new sources of
Posted by js49886 on :
ask now .10
movin' on up!
Posted by Hold-em-er-fold-em on :
2 x .090 3 x .10 1 x .085 2 x .12
Posted by ballyman on :
Nice!!
Posted by PCola77 on :
HDSN walking this up now. looks like it's ognna take something major to get by .10 though.
bid HDSN 500x.09 JEFF 1x.09 UBSS 1x.085 NITE 100x.08
ask HDSN 500x.10 NITE 100x.10 Jeff 1x.10
Posted by Hold-em-er-fold-em on :
printing .10's very nice!
Posted by js49886 on :
WOW Anyone see this??? or if my feed screwed up?
Snuck it under our noses right after closing bell.
Thats $300k worth
Posted by lostone on :
was PGPM diluting during the initial jump in early May? can anyone find that info? If they were, wouldn't they have to register it some how?
Posted by pennyman33 on :
do you think the last 3 sales was pgpm diluting? someone should show Pinedo that pic and ask him about it..
Posted by js49886 on :
Bid went to .05 & ask went to .11 right after that though
Posted by lostone on :
no i don't think it is .. but i was wondering if anyone has researched into it, it's just a way to check if the company is full of it
Posted by MakeMoney on :
Definately not! My L2 showed that same .0825 at 16:02. It was at .10 just before then WHAM!. Somebody should definarely check....now it's .0821!
Bid went to .05 & ask went to .11 right after that though
Posted by OILDOG on :
Block buying to try to save the scam. THEIR money coming back in. lmao.And yes,theyve been selling/diluting. Where do you think they'll get the money for the new leases,IF they buy any. About MY credibility problem,let's look at syracuse0 (alex_momo=SanDiego_Joe), whose born-on date is around May 2:
posted May 05, 2006 14:16May 05, 2006 14:16 syracuse0
Dalton05 - I have been a regular visitor to these boards, but, have never felt compeled to register. I have been following CSJJ for some time now, and, was debating to invest....however, the lack of PPS movement & lack of news stopped me from buying some shares. I was seriously excited and looking forward to the May 5th news, and, could no help but feel disapointed. My antenna just went up this morning, hence I was compeled to register and post.
The value of Allstocks if for everyone to make money sharing informataion....the flipside also holds...if there is info that may be of cause for concern, then that should be shared also.
Once again, only my humble opinion. We are all after the same thing.
posted May 06, 2006 19:21May 06, 2006 19:21 syracuse0
Only 1 problem guys !!
I have been looking at FDEG for the last few weeks from the ********* alert. Sounded very good, and, there is an interview with FDEG as well.
But....the alert says they will start drilling on OR AROUND May 3rd. The previous posts take it for granted that they have started drilling all ready. Maybe I am wrong, but after 2-3 weeks of silence and no PR's ( not even from Stock Guru ), how do we know they are drilling anything ?? Don't they make a PR when drilling starts ??
Another thing, the PR states that they are getting the drills and equipment to be sent to the site.....at the time of the PR, FDEQ had no drill or equipment yet....so.....maybe the delivery is late ??
At the time of the PR several weeks ago, the price was .11, now it is .095 with May 3rd come and gone.
To be honest, I don't think they started drilling yet.
Do your own DD, and, let's use a little logic before jumping the gun and creaming in our jeans on something that most likely did not happen yet.
To be honest, oil plays like NDOL and PGPM for the same PPS, and, FPPL and TNOG for pennies, are the real deal.....UNTIL there is some confirmation from FDEG.
Like I said, there is no news....silence.
My humble opinion, do your DD before investing
posted May 06, 2006 22:12May 06, 2006 22:12 syracuse0
RULES.....Only 1 problem with your pumping....
FDEG doesn't seem to have a website !
I need to do more DD ? You can't even get your own information, you need to pump from "hawkdriver " ( previous emails ) .
Your nieve dribble about pumping this stock over the last 2 days ( 14 posts ! ). By gosh, your are occumpying every 2nd post with your pumping !!
getting back to REALITY.... I am INTERESTED in this stock, but, when I see the stock go from .01 ( Nov/05 ) to .19 ( Mar/06 ) based on the same hype that is currently being PR'd; then the stock dives to .09 because since Sept. 05 to April/06, all FDEG did was spew the same seismic this and sismic that, give their best guestimate, and, say they are in process of obtaining the drills....and nothing happens for 6 months !
Since the stock tanked to .09, FDEG decided they better so something fast or else they will visit penny (.01 ) land once again ! So they higher Stock Guru for marketing.
Now, anyone following Stock Guru, knows that he make repeated email alerts for all his stocks, over and over again. You know what ? He did FDEG only 1 time.....very unusual.
And no, NDOL may not put out a PR on every drill, but if you pay a marketing firm like Stock Guru to advertise your FIRST drilling....then i would say , yes, perhaps I DO expect there to be some PR about the confirmed drilling underway.
Again, as I said I am interested in FDEG...most likely way before it came into your headlights...but, to act like this is the next Microsoft or Amazon.com, and, sounding like you are wetting your pants over the last 14 posts....please !
Yes, a little DD is warranted. Go to Yahoo Finance and check out the last 6 months of PR's, and, you will find the same information being touted repeatedly...again, ever since the PPS started to tank 50% and swiftly moving lower.
If FDEG turns out to be big, GREAT ! I will get in when the PR comes out.....
And if you are so experienced with oil stocks "because I continue to make money"...well good for you...but, just because a stock comes along and is "into" oil and gas, is NO gaurantee that it is a winner. If you added up all the oil and gas stocks on the market, much less than half of them are going anywhere.
We will all be watching this week for FDEG, and, I sincerely DO hope that it has something to offer.
HYPE gets us nowhere fast, except whipsawed.
Oh, and by the way, it is odd that a supposed multi million $$ company like FDEG, has no website. Just a thought. A little odd.....
GLTA !
"The value of Allstocks if for everyone to make money sharing informataion....the flipside also holds...if there is info that may be of cause for concern, then that should be shared also."
"Do your own DD, and, let's use a little logic before jumping the gun and creaming in our jeans on something that most likely did not happen yet.
," just because a stock comes along and is "into" oil and gas, is NO gaurantee that it is a winner. If you added up all the oil and gas stocks on the market, much less than half of them are going anywhere."
hmmmmm. Awful lot of plugging for Stock Guru!!!!!!!! Hire Stock Guru to “pump” YOUR stock. Or are you one of SG's aliases. Within a day of your born-on,your bashing and slamming people left and right. That and the first grade grammar and spelling,and a few other things makes me say HHHHMMMMMMMMM!!!ha ha ha ha backatcha!!! YOU, boy, have NO credibility.NONE!!!! Your part of the "team" scamming this thing.They did the block buys to try to pump some life into the carcass. PR's everyday,now 2 per day. Soon,every hour!!!!BBBBBBBWWWWWWWWHHHHHHAAAAAAAAAA!!!!!
Posted by lostone on :
everyone who post on any thread seems to have either one of the 2 most common motives, wanting the price up or down.. some say they wanna help newbies, i think it's BS, they're just bitter or something the like..not anyone particular.. I just don't get Oildog, makes the same arguement over and over again.. and mostly OPINIONS, but sounds like he's stating facts.. WE GET IT! we know what u're trying to say.. and when you repeat it over and over, it prolly scare a lot of ppl away.. which may be a good thing for them, and may not be if the stock picks up, no one knows of yet... since there are no real facts yet, just roll with it.. cuz negativities hurt a stock too.. i am in this, even though all from profit, it still hurts to see $40k gone from the account, despite the "positive" PRs.. I think what i'm trying to say is take your fights somewhere else.. and no need to repeat urself over and over and over and over.. ppl can always scroll back..
Posted by OILDOG on :
But they DONT scroll back. Lazy. And most of the info Ive posted is NOT opinion. The report stated facts,others try to spin, I correct. And dont wooorrrryyyy. Im not bitter,or sad, I ENJOY dd'in POS's because it causes panic to the scammers/pumpers. Battle against the forces of evil if you will.And,there ARE real facts, on their website!!! Ive been there.Read their financials,have YOU? Have you noticed how the PR's just keep popping,everyday,now twice a day, trying to counteract what a couple of us have fhound and expressed opinions about? Ive seen it before. Anyway,what really irks me is pump after pump,virtually no dd is done or ALLOWED on these stock threads. So,once in a while,monkey in the wrench.Enjoy.
Posted by lostone on :
if this is a scam, it's not an obvious scam.. at least it seems like they're trying hard to make something... if u want scam, check USXP
Posted by ballyman on :
It is repeated, repeatedly do your own DD. You cannot "protect" anyone, you can only protect yourself. You can't look out for everyone. The ones that are serious/logical do scroll back and do their serious DD. The bottom line is you can try, try, try to help some ppl but some are still gonna get burned, but some will also do well. So in a nutshell conserve all that energy.
Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 06/02/06 0.0800 0.1000 0.0720 0.0825 +0.0045 5253938 +5.77%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 5027017
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 5192044
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 2797286
Overall Average: 16% - Buy
Price Support Pivot Point Resistance
0.0825 0.0568 0.0848 0.1128
Posted by js49886 on :
remember that is one day old.
Posted by buckstalker on :
How bout ya oildog...care to respond...I didn't think so. Besides after reading your last few rantings, you have proven to me that you are indeed nothing more than a basher... and probably being paid to do it (man is your boss getting ripped off) You claim to be a newbie savior and that you detest pumpers, but you my pathetic little babbling freak, are no better than any pumper with your senseless, and may I say, way overdone attempt to bash this stock...
P.S. you really should consider another line of work...you suck at your new job...and you are as transparent as repo posing as ghostrm...
quote:Originally posted by buck*******: Oildog, madOil, and Sigma...If you are here to "Save the Newbies" why aren't you posting the same negativity on any of the other POS stocks that are out there...why only this one? There are a sh*tload to choose from...no?
I have been here quite some time...I can't stand pumpers or bashers, and I am all for "both sides of the story". The last thing that I want to see are newbies getting sucked in to a POS stock or talked out of a good one for that matter...but I have got to say that the posts that I have seen lately by the 3 of you "out of nowhere" saviors have set off alarms for me.
Posted by ArmySGT on :
wow i sure have missed some drama, my only question is why Gustavson is still not reporting the reserve estimate on their website.... Still a little sore from the last dump hahahah but its okay, slowly convincing the wifey to let me play again
HOoah
Posted by kinglupid on :
BASHERS! I may have to buy into this if these guys are coming out of the woodwork!
Posted by Hold-em-er-fold-em on :
Poor Oildog
Take your paid bashing crap out of here, and find a new line of work. You Bashed and Bashed, and yep they released a couple of PR's , and one very good one stating they have ZERO debt. That was an awesome statement to make for a Pink stock. LET ME REPEAT ZERO DEBT!!!!!!
Go away Oildog were sticking around for this Beauty, and yes we make our own mind up about our stocks.
Paid Bashers, man how obvious you are!!
Posted by Hold-em-er-fold-em on :
Oildog,
Your statement: Block buying to try to save the scam. THEIR money coming back in. lmao.And yes,theyve been selling/diluting. Where do you think they'll get the money for the new leases,IF they buy any.
Ok, now please try to convince me why you believe this, and how you know they are diluting. Block buys by Pigrim? How do you know that? Next time you make a statement like that, you better be able to back it up with proof!
Posted by Hold-em-er-fold-em on :
Everyone on this Thread!!
Please go look at Oildogs recent posts, and see what topice he has posted on for the last 50 times.
LMAO , Paid bashers people! Usually means good things for a stock!
Buck? Do we have a list we can put paid pumpers/bashers in on Allstocks?
Posted by shadowsaz on :
How about you Hold-em-er-fold-em, pumpers a good sign also?
Posted by ArmySGT on :
Hahaha i need to be a paid basher and get my money back that I lost in this stock! lol someone sign me up.
Anyone? still no answer on why Gustavsons' website isn't reflective the estimate performed?
Posted by ArmySGT on :
and go look at HLEG figures!!!
Posted by OILDOG on :
Buck*******: How bout ya oildog...care to respond...I didn't think so.
Sorry to neglect you Buck,setting pipe on this well and I finally got a couple days off. My,you seem to be getting emotional. No,no crusader or savior here. Just get "irked" when the pumpers/scammers dont want ANYthing other than bs pr's posted.Wont allow it,start hammering the "bashers". May I humbly remind you(I'm humble now) that I posted off their OWN site, Texas RR Commission production figures, Gustavsons report,Gleasons report,financials. Or is it the WAY it did it? My daughters used to get mad at me,NOT for what I said,but the WAY I said it. If I've offended your feminine side,I'm sorry (humble again). Are you arguing that their May 1 900 million barrel PR is......true? Or ANY of their pr's for that matter.jmho.(Darn!!!humble AGAIN) Would you care to argue that WITHOUT the May 1 fraudu....uh...mistaken pr,this stock would still be subpenny dead,as it has been for almost a year or more? This was a FOT pick last year,about June I believe,as BPET,before they became PGPM. They were "negotiating" Barnett shale leases then and before. Did nothing. jmho (yikes!!!) As a DAYTRADING stock,it may turn out to be decent,volatile. As an investment,long,no way, POS until they actually drill some wells, GET some production. jmho(groan)They are a minority interest owner in "their" leases. I UNDERSTAND where stuckholders are coming from,been there,done that. I ALSO UNDERSTAND that it is ESSENTIAL and NECESSARY to have longs/stuckholders in any scam to keep the pps as high as possible for as long as possible, so the scammers can sell shares and collect their reward. What I have a problem with,is the constant pumping/lying to get people to stay in while they dump shares. As I said,been there.jmho(oooowwww) Anyone doubt this is a scam? Bob fried a few of the "team" aliases the other day. Remember? And...some new ones showed right up. jmho Heck,I cant save anyone!!!Just point out the stink on these noogets so others can learn, including me.I might have bought their bs if they had said 10 million bbls. But,there are too many POS scams (virtually ALL pinks,at least to some extent)to work,so I chose this one. Too obvious to resist,the industry where I make my living,battling the forces of evil,ect ect.I think "picks" are pumps,thats why I wont "pick",plenty here doing it anyway. jmho (ggrrrr)Anyway,Buck,I'll try not to neglect you again,but,I do pretty much work 24/7/365 out here,so it may happen again.
Posted by NoWhen2HoldEm on :
quote:Originally posted by Hold-em-er-fold-em: LMAO , Paid bashers people! Usually means good things for a stock!
Buck? Do we have a list we can put paid pumpers/bashers in on Allstocks?
Make sure you leave plenty of room. You'll need it.
Posted by TruthLiesWithin on :
Is Gustavason a trustworthy entity?
They didn't evaluate the Shale because they are located further out of the known shale regions,that's all it said,,,,,didn't say it wasn't worth their time...but this doesn't mean there isn't oil there. Maybe not worth the time fir Gustavson to do it. But certainly worthy of exploring if it is inexpensive like they say it is.
I don't see anything in that report that is not promising....
I did see where they would require $10,000,000 to be able to make all these ventures come through, but if there is known oil worth more, isn't possible to get hold of an investor,,,,,,, Dilution for cash would suck, but who knows what can happen these days.
Posted by OILDOG on :
TRUTH Yes,I believe Gustavson Associates IS legit. Dont believe they would risk their business for this pink.ALL of PGPMs leases are in very depleted fields. As was said in the report, MOST of the wells have been plugged and abandoned. No production from Archer county.The Barnett shale "gas fairway",the gas play, is located at least 40 mi SE of them so was not considered relevant.They evaluated possible Chappel LS pinnacle reef oil reservoirs,thought they would have a least 1,maybe 5,on "their" leases. PGPM owns 20% working interest, so that was what the eval was all about.They will have to run seismic to locate possible targets,then drill to see if they have oil.No bird in the hand yet.Been "talking" about Barnett shale leases for over a year,who knows,might actually get some.
Posted by FortheFun on :
I hope they get started soon this piddling around is making me tired
Posted by TruthLiesWithin on :
To me it looks like PGPM is just trying to add value without drilling yet.
Alhtough to me potential oil isn't worth as much as recovered oil, I can only suspect that PGPM will try to add more value to their holdings and look for an investor willing to plunk down some cash to make it all happen..
I thought some of their claims were proven oil producers...At least that is how Gustavson makes it sound.
Posted by Hold-em-er-fold-em on :
---
Posted by js49886 on :
Rumor has a "very important" PR coming out tomorrow. but who knows, I guess we'll see
Posted by OILDOG on :
I'm surprised there have'nt been 2 or 3 PRs today. They are very....cooperative.
Posted by js49886 on :
^lol
Posted by FortheFun on :
Just a PR with $$$$$ attached will do! this stock is going the wrong way.
Posted by Repoman75 on :
Again my posts were erased! Are you mods trying to drive me away?
In case you missed it...
I'm having a BBQ this weekend and am looking for a main course to roast... will this PIG do?
Posted by crappybob on :
I should have sold at .20, oh well papa's got a brand new bag I'm afriad.
The more I play these pennies the more I realize that you can only make big bucks when you buy a penny stock BEFORE the MM's catch on. That happend to this stock once and it won't happen again. I expect it to hang around these levels for a while. I hope I am wrong, and it goes up. Good luck.
Posted by Repoman75 on :
quote:Originally posted by crappybob: I should have sold at .20, oh well papa's got a brand new bag I'm afriad.
The more I play these pennies the more I realize that you can only make big bucks when you buy a penny stock BEFORE the MM's catch on. That happend to this stock once and it won't happen again. I expect it to hang around these levels for a while. I hope I am wrong, and it goes up. Good luck.
Finally Crappybob, you have learned the secret to profiting off MOMO pinks.
Good job.
Posted by Hold-em-er-fold-em on :
---
Posted by Hold-em-er-fold-em on :
very quiet today! everyone holding strong!
Posted by OILDOG on :
I can hardly contain myself waiting for their new "PR". Cant wait to see if they discover a billion barrels the same day they buy it. Posted by Hold-em-er-fold-em on :
Oildog,
I'm not here to argue with you, or play your game.
I,m invested in this, and only here to make a little green.
Whatever your intentions are good luck to you!
Posted by OILDOG on :
Read yesterday where Chesapeake Energy is buying 39000 acres of leases in Barnett Shale in same area PGPM is "negotiating". Their paying $845 million which would be $21,666 per acre. Based on their total revenues,PGPM could get,oh, maybe 10 acres. Posted by Hold-em-er-fold-em on :
Once again good luck to you in your investing!
Posted by Sigma on :
Jesus Christ, that land is now worth over $20,000/acre? I remember when it was a big deal it broke $2,500 then $5,000 then $10,000.
Who needs pennies, I should have bought land in Wise or Denton County. That land has probably gone up 10,000% in the past 10 years. It wasn't that long ago land was priced in the hundreds, rather than the tens of thousands.
Posted by OILDOG on :
Leases,Sigma. Pretty incredible. Wish my wifes farm (160 acre inheritance) was down there. Over $3 mil for a quarter section of oil/gas leases!!I could handle it!!!! Cant remember exactly,off hand, but Chesapeake earlier bought 9-13 million acres in Appalachian Mountains for a billion or so(maybe 2 bil). Pretty striking difference. 5 years ago,with a trunk full of cash,a smile and firm handshake,you could be a billionare now!!! Posted by OILDOG on :
Years ago,in the 1980 boom,I "knew" a doctor in Elk City,OK,where I lived, that drove around in a pickup,loaded down with cases of whiskey, champagne,and suitcases full of money. Had his lawyer in tow. Had been there forever,family practioner,knew everybody,delivered a lot of their kids. Drove around buying royalty or leases if available. Deals done at the kitchen table,out in the barn,in the field next to the tractor,papers signed and money paid... on the spot.He was already a millionare,died about '85 worth over 600 mil.
Posted by js49886 on :
another bogus trade * .008
missed it on the T&S but I see it on the chart & day low
Posted by lostone on :
damn, i'd like to drag that ******* who sold over 2mil shares of pgpm for .062 eod and beat him senseless..
Posted by pennyman33 on :
did another 2 million shares just get dumped after hours again!! Bad time to do dilution when stock is aready so low.. 0.062 2,195,153 at 4:06
Posted by lostone on :
can anyone tell if that's dilution? who's the MM etc..
Posted by pennyman33 on :
I have emailed him several times and he always answered.. But when I asked about that first big block that when through (i sent a L2 for proof) he didnt reply.. More investors emailed him about it also and he did NOT reply.. SO yes it looks like dilution.. This guy releases pr's but it does not help since no one trusts the company any more. At best that causes the stock to rise to 0.09 or 0.10 then it tanks again.. This is just wasting money on pr's.. I dont think the q2 release will help because they don't have much income.. IT looks more and more like this is just a 0.02 cent company at best.. And the share price is getting closer to it everyday.. I think thats why they are diluting now.. because the share price is as high as its going to get.. IF not, why not wait until next week or a month when the pps is much higher.. I honestly think very few investors trust this company any more.. I emailed him several times and the replies I have got back make no sense.. I am not sure I am even getting replies from a real person..
Posted by pennyman33 on :
That might be what the mid week pr is about.. they annouce dilution for more investment capital. HE said great news but for who. US or them.. I don't think I would even bother to check the ticker after that..
Posted by Hold-em-er-fold-em on :
Dilluting would not make sense with the statements from the last PR!
) Increase on financial ratios over 300% comparing with the figure from six months ago, from negative to positive ratios.
2) We have no debt. Our obligations, are solely to our stockholders.
3) Estimated substantial revenues from new development of reserves
4) Short and Mid term Growth Strategy through new acquisitions
5) Plans to venture with peer companies to acquire working interest in attractive new prospects. This way, Pilgrim will be able to reduce the risk of exploration projects while increasing new sources of revenue.
Posted by pennyman33 on :
I know it does not make sense. But with this CEO you never know what he would do.. The only thing that makes sense is if he thought the stock price was going much lower and it would be a good time to dilute now and get more $$$. Because 0.062 seems low now but in a week or two it might look very good when we are looking at 0.001. I mean they have information we don't have access too. Why would they dilute now if they thought the PPS was going up soon. They wouldn't because They could make alot more cash then.. It makes me think is this company going to triple zero's again. They have no debt but they have no revenue either. Their reserves are nowhere near we thought. The oil they do have is very expensive to extract. The more research the worse the company looks to me. The CEO told me himself in a email (if that was actually him)they were not concerned with the share price. I thought why even bother with pr's then unless they are trying to suck more investors in. I don't understand why they state "our obligations,are solely to our stockholders." Unless I do not understand that statement. because I think that means they are concerned about the share price. But going by their actions it is not. Look it went from .149 down to .072 with good news. Now the dilution.. What is a investor supposed to think after what they have did in the past week. "Estimated substantial revenues from new development of reserves" I am very afriad of their estimations. Look where that 900 million barrels of oil went. Maybe this week they will address the dilution issue in a pr. I sure hope they have one hell of a pr. Because we are going to need it to get back to where this stock was a week ago. Posted by ArmySGT on :
and still nothing on the Gustavson website??? I emailed them about the estimate but not receiving any responses. Has anyone else attempted to get in touch with Gustavson themselves about their estimate?
Posted by lostone on :
has anyone tried to contact the TA? to see if the OS has changed? i mean, we don't know for sure if that's dilution.. i really hope it's not..
Posted by Hold-em-er-fold-em on :
When they start bringing wells online and creating more revenue,become fully reporting [as stated in a recent pr ], and post finacials this IMO will be a very good investment.
I have a modest position, and have loaded up at .075 again. I like the fact that they have no debt currently. There are so many small caps that have more debt than the companys actually worth.
If they are commmited to the investor, and not worried about the share price, then i take that as the share price will take care of itself when production comes online.
Everyone has to make there own decision here. I will be sticking around to see the progression over the next several weeks.
Posted by OILDOG on :
Sarge,you wont get anything out of Gustavson. They are working for PGPM,private report,not public unless PGPM wants to release it. Not their responsibility. Since the majority of their wells are plugged and abandoned (Gustavsons report), I dont expect them to bring any online. They'll have to locate some targets, and DRILL. They are a minority (20%) owner with someone else. The majority owner(s) may not want to drill,in which case PGPM would have to force pool them, and incur all the upfront costs themselves,as well as the risk. I dont see them doing that.20% participation in a $1 million well ($200,000) is one thing, springing for the whole 1 mil is another.Given their history,phony PR "reserves",weird "% growth" PRs,ect, IF they say their going to drill, I'd want the Texas permit number,exact lease legal description, who the drilling contractor is, ect. As for debt,who knows. Their unaudited financials dont show any, but given their relationship with Eddie Monet (American Crapital Investments),I suspect shares (cds or warrants) are involved,and.....that might be bad.JMHO (im humble again)
Posted by pennyaddict71 on :
We all know OTC stocks don't trade after hours, if a block of 2 million shares went through would the ask be .09 as it is this morning? I went to time and sales reports for yesterday and there was no trade listed during trading or during after hours for .62 or whatever has been reported. I have watched this stock run from .01 to .28, then recently run from .06 to .14, we have strong support at .07 now, with a PR we are good for at least 30% today.
Posted by icraig21 on :
here is what I show on choicetrade
Time & Sales Price Size Exch Time 0.062 2195153 OTO 06/06 0.072 5834 OTO 06/06 0.0725 5834 OTO 06/06 0.072 5000 OTO 06/06 0.075 6666 OTO 06/06
Posted by pennyaddict71 on :
I went to yahoo and it doesn't show that at all. There was a trade for .008 but that was obviosly false too, my point, if someone dumped over 2 million shares the price should have dropped a good bit, we are sitting at .07 and .09 this morning.
Posted by icraig21 on :
.085, lets have a good day
Posted by pennyman33 on :
I hope so. It started higher yesterday too and look what happened.. I think they are playing games with us. I believe they have no debt but I do not believe They will have any income worth noting either. The other few prs caused a brief raise in price then it tanked back down to .075 or so. I expect the same today.. It might hit .11 before dropping back down to 0.08 or less. It looks like we are stuck.. I do not see use getting back to where we were last week. I can't think of anything they could tell us that would cause the price to rise that much.. I think the market has set a new price for this stock and its 0.7-0.08 If we are lucky.. We may loose support there. Those who bought in higher like me have lost.. We overpaid and baring a miracle will not get back the money we invested. I know they promised a few more pr's but we are in one hell of a hole. I think the uncoming prs are just basic as best.. I can understand why some people have got mad and shorted this stock.. Their incompetence is very frustrating. I don't believe its being shorted to death however. Because right now the pps is so low it is not worth shorting..
Posted by pennyaddict71 on :
Keep posting like that and you will be sure to scare away any new potential investors. I know once we get a new PR this will be back up over .10 again. We should do well
From the PR on June 1, 2006 - 9:21 AM EDT: This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. June 1 + a week = June 8. Will the new PR be about closing on these aquistitions ?! hmmm, i wonder...
Posted by buckstalker on :
Pilgrim Petroleum to Acquire Well Service Provider Jun 7, 2006 10:42:00 AM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--June 7, 2006--
Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today negotiations to acquire a Well Service Provider located in Saginaw, Texas. This company provides an assortment of well site services in the North West Texas area. Its operating asset base includes well servicing rigs, tools, as well as other drilling service equipment. A final agreement will be completed by the end of this week.
Stephen Richardson, Pilgrim Petroleum Vice-President said, "With this acquisition, we will bring significantly more production in a short period of time, as well as saving expenses on the outsourcing of these services. We will continue to acquire value assets in order to increase our residual revenue."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Irving Eddie Monet 619- 864-0166 www.apetroleum.com Posted by buckstalker on :
Pennyman...OTC stocks don't trade after hours...period. Trades that show up on T&S after hours mean nothing but MM's settling up. Also noticed that you are fairly new here, have only posted on 2 threads, and everything you have posted here is negative and fact free...Do you have "any" proof that this stock is being diluted??? If so "post it", if not "cut the crap". If you have come here to bash, don't bother...OILDOG is already being paid to do that.
quote:Originally posted by pennyman33: did another 2 million shares just get dumped after hours again!! Bad time to do dilution when stock is aready so low.. 0.062 2,195,153 at 4:06
Posted by pennyman33 on :
Wow at new low now.. 0.065 that pr help us alot..
Posted by NoWhen2HoldEm on :
And remember, each time paid bashers get their name mentioned, they make money.
Posted by buckstalker on :
Just calling them out...then they go on ignore...
quote:Originally posted by NoWhen2HoldEm: And remember, each time paid bashers get their name mentioned, they make money.
Posted by pennyman33 on :
I am just facing reality.. I don't think paid bashers are even real.. The management of this company does more damage than any paid basher will. I want to believe this all of this too but in the mean time the pps is dropping like a rock.. Some people here were hoping to sell at .30+ Now look at where we are at..
Posted by NoWhen2HoldEm on :
Be very glad that paid bashers are among us. They wouldn't be here if it weren't for the huge upside with this company.
Bashers never bash a bad stock. That's a golden rule.
Another golden rule is never address a paid basher by name. Not only does it add to their paycheck, but gives them even more of an opportunity to run interference.
Posted by pennyman33 on :
I hope you are not calling me a paid basher.. Because if you are you are delusional. You have blind faith from hell that is for sure.. If someone states reality you say they are a paid basher.. IF the stock doesn't do well its because of evil shorters.. I know some stocks do get shorted alot. I am just a investor that is mad because the company is going down the drain. In the mean time we get promised more pr's to hold us off from selling.. I am not going to suck more newbies in this stock for sure. Since some of you want facts please direct me to a place that really pays people to bash stocks.. I think its just a urban legend.. Paid basher=big foot=UFO all the same.. None are real.. I wish paid pumpers are real because I think this company needs to hire a army of them to get the stock price up.. I would even support dilution to pay the pumpers if it will get us out of the hole we are in now..
Posted by buckstalker on :
I'm not...
I am calling you a pathetic, whining, snotty nosed, ineffective, compensated negative poster though...
quote:Originally posted by pennyman33: I hope you are not calling me a paid basher..
Posted by pennyman33 on :
Give up the paid basher bit.. You should stop personal attacks just because it is not a pump.
Posted by pennyman33 on :
How much does a paid basher make? Could use you as a reference. Where can I sign up.. I need to make some cash on stocks somehow..
Posted by Repoman75 on :
I'm not a paid basher, but I'll be sure to roast this PIG at my BBQ this weekend.
OINK OINK, squeal Buckwheat, squeal!
Posted by NoWhen2HoldEm on :
Yes, Repo, we all know you're not a paid basher.
Paid bashers bring a certain level of intelligence to the table.
Posted by buckstalker on :
Repo...you have proven to everyone on this board what you are (self serving) and what you aren't (honest)...
Posted by Repoman75 on :
First of all, don't mock my intelligence. I knew and had more DD about this company before any of you late-to-the-party BAGHOLDERS showed up. Knew about the leasing agreements, as well as the new valuations. So don't ever, EVER mistake my comedic and sarcastic BASHING of this stock with a lack of knowledge. I run circles around you chimps in terms of gathering DD as well as knowing how the markets work.
And to you buckwheat, of course I'm self serving. Who else am I to serve? A pump and dump firm such as some of the BAGHOLDERS on here do?
PPS = .07. Your choice - bail now, or watch it recede to .03 for a looooooong time.
Posted by buckstalker on :
Nothing there to mock Repo...just a lonely self serving paid thief...
quote:Originally posted by Repoman75: First of all, don't mock my intelligence.
Posted by Repoman75 on :
In fact, why doesn't everyone here come clean about what your positions are in this stock? Then we'll see who the bagholders are and what are the true intentions of those posting nonsense about this POS hitting .20 ever again.
I'll go first, mkay? NO POSITION AT THIS TIME.
Posted by buckstalker on :
I'll go 2nd mkay... 45k free shares...$11,000.00 profit so far...
Posted by Repoman75 on :
I didn't ask for profit.... I made 8K on the orignal run too, like all smart traders did.
Posted by pennyman33 on :
bagholder here.. in at 0.135 I know I am in a very bad position. I bought into the pumps and pr's and paid the price so far.. I am still holding for now..
Posted by buckstalker on :
Sorry about the profit part...thought you were looking for honest disclosure...not sure that you should include yourself in the smart traders group though...
quote:Originally posted by Repoman75: I didn't ask for profit.... I made 8K on the orignal run too, like all smart traders did.
Posted by Repoman75 on :
You're right. I should include myself in the EXCEPTIONAL traders group.
Thanks for clarifying.
Posted by buckstalker on :
It's nice to see that you think so highly of yourself...that makes one of us!
Posted by OILDOG on :
Well,they certainly seem to have big bucks now,dont they. Buying leases in the most expensive "play" running,buying a well service company, just since May 1. No word about actually drilling those "proven" reserves. heh. Hey BS,nice yer back,yer always such a cheerful fellow,so full of........ Posted by TINPOZ on :
PGPM - PILGRIM PETROLEUM CP (OTC) This thing has turned into a real pig, and it should stay in the ground with its oil. SELL, SELL, SELL.................................
Date Open High Low Last Change Volume % Change 06/07/06 0.0720 0.0850 0.0650 0.0700 -0.0020 1847249 -2.78%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 4467445
Medium Term Indicators 40 Day Commodity Channel Index Sell 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: - Hold 50-Day Average Volume - 5341786
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 2870155
Overall Average: 8% - Buy
Posted by OILDOG on :
*bump*
Posted by mike96 on :
Oildog,
Why are you bumping this thread if you believe this is a POS. I just don't understand why people who don't like a stock stick around to bash it. Always talking about how this is a pump and dump and how this is a POS but yet your interested enough to keep your eyes on the thread. Please explain! Is your life that lame that you get off by bashing people and a stock that you obviously no nothing about?
Mike96 or am I Billp3 Hmm that was a great ASSumption on the other thread!!!
Posted by OILDOG on :
zzzzzzzzzzzzzzzzzzz
Posted by lostone on :
most ppl are consistent for a reason.. =)
Posted by ruskin_muskin on :
i'd hate it if someone does that kind of bashing to my holdings. they did that to me on NDOL. while i was bleeding red, they were like "I told you so". finally got out with handsome profit after averaging down all the way to 0.10. anyways, yeah, i was in this stock, and when i was in, i checked the texas railroad website, and did find a few wells mentioned on their name. I am sure the independent report has valuated them fair, and PPS of 0.07-0.08 is about right if you dont consider their recent acquisitions etc. but if you do consider them, then PPS is definitely around 0.15-0.2. now PPS is not absolutely dependent on current assets etc. but also on future prospects, which seem decent for this company. i am still waiting for full evaluation after their acquisitions on this oe. if that one comes through good, i will be jumping into this again, got out * 0.12. also, everyone knows that repo actively shorts the stocks. he has admitted it himself several times on this board and on other boards like RB. so i dont blame him for bashing, it is only you guys who would get worked up and sell based on his comments. you sell, he bujys, covers his shorts, makes money. you lose he wins. or vice versa. so relax and elt market decide what to do. if you guys dont feel very comfortable.. then go ahead and sell, if you feel comfortable, hang on to it and reap the future rewards. GLTY fellows!
Posted by gatorboy2424 on :
repo bashes every stock, he is a piece of sh*t
Posted by ruskin_muskin on :
except FRPT .. which is his baby Posted by js49886 on :
agree with you muskin.. If you think about it, seems the full report will only make it go up. With the partial report only showing 4m barrels, anything more is +++, from what it is right now. The histeria seems like its over, seems like it will only get better when the report is out. Most of the people who paniced are already out.
They are saying the final number will be significantly higher than expected. I doubt it will be anywhere near 900million. I have no idea what to guess but like mentioned above, anything more & it will just add to the pps.
idk, only time will tell.
Posted by ruskin_muskin on :
true though js, the stock will definitely be going up.. but that might not be the whole case. its called waning, while everyone else would be posting their 100% runs and gappers for next day, you would be like bleeding until the next PR.. which is sad truth. and the PR cannot be released immediately because there is considerable work that has to be done before releasing the PR. even after the PR is released, maybe, no new long term investors will walkin right away because they feel they were deceived once.. so lots of scenarios. i have been in the same with NDOL and i know what you are saying. all i have to say is.. wait on, have affordable position in this stock, dont hesitate to average down if you could, all the way down to 0.01 .. and thenfeel comfortable holding it for howmuch ever time you want to.. else guys like repo will make you scream and lose your temper.. my only wish is the PR comes sooner than later..
Posted by OILDOG on :
quote:Originally posted by lostone: most ppl are consistent for a reason.. =)
Must have had a sheepkiller somewhere back in my family tree. Bad genes.Once I start woolin',just cant quit till theres no twitch left in the carcass.All the bleating and bbaaaain' just spur me on. woof woof I remember the run back in June '05,same story. Early last year they were gonna drill new wells,had the rigs/equip lined up,Pinedo on west coast getting Chinese "stuff",ready to go.......never happened. Gonna get Barnett Shale leases....never happened Big "proven reserves"........nothing After the June pump & dump,they changed their name from BNP Petroleum(BPET) to Pilgrim,laid low till this May Phony PR,phony "reserves",gonna drill,same old story.Really WEIRD "ratio" PRs Today,fresh troops(imo) start new thread,supposedly "talk" to Eddie,float is now 125 mil. Was 80 mil + or -,which means theyve dumped about 45 mil into the float,at say,.10 avg after the run,theyve sucked $4.5 mil from people,at least.They have some bucks now,so are they going to drill on these great reserves they have? No. They announce their going to buy some fleabitten service/workover company. Most OIL companies hire to do that,its deductible.Lease production costs. None of the money they made on the June P&D made it into their unaudited financials(naturally). All their clumsy nearly incoherent PR's tell me they have virtually no oil experience or expertise,no superior tech or efficiency....no potential.They just keep working the same scam,over & over. They have TWO "promo/scam" firms,Warrior Crapital and American Crapital Investments working this thing,with no telling how many nooget eating pumpers with multiple id's on this board,pumping away. Go back a few pages and you can see a few get Frey'ed by the Admin.More showed up today,started a new thread,noticed he changed his id within minutes,thread id,then it got changed back and locked. Very curious, no? heh. The real bleating started when I posted stuff off their own website and RR commission info on the handful of wells they had.Then the attack yorkies.wwwooooofffff! Y'all can keep working that side with the paid pumpers/scammers/rats, I'll work this side.JMHO (I'm soooo humble)Have fun,I am. Posted by js49886 on :
Slow day. On a side note... Zarqawi is dead!
Posted by Egg Inspector on :
Oil...my goodness. did you get my personal Msg's. I am not a "nooget eating pumpers with multiple id's on this board,pumping away". truly. I am just a newB who got sucked in this PGPM. everything you say looks real, but it is purely circumstantial concerning me.
LOL... I can totally see how I would seemed to have been a part of this though. The ID thing "egginspector" is something I was doing because I relized I could...( I was actually communicating in my 1st or 2nd thread ever) 'Egg' is my handle going back 10 years to when I fist chatted in Yahoo Chat...Wild though. You definetly showed me how one can get sucked in
Posted by Egg Inspector on :
I call the companys personally. Pilgram seemed alot smaller than their PR. the spokesman definitely back peddled from the $33.15/share PR. said they have 6 employees, many more temp workers, etc... as of yesterday: 322M shares total/125M in float, the rest restricted. a restricted share holder will allowed to sell approx. 3M shares every 90 days beginning in fall.
(I am just reporting what the spokesman said)
Posted by zigster on :
there is some potential but are they actually producing any oil now and if not how much longer till drilling starts
Posted by Egg Inspector on :
since I have been accused of being a pumper <in another thread>
"I didn't even know what a pumper was until this morning!"
my position is:
bagholder...1000 shares / in * $0.08
I am newB who found this a few weeks back. (PR about 900M barrels - found it erroneously listed in an Oil play news section I have that is legitamate) called them, read 5 or 6 other news items, liked the chance and threw my last $80.00 in the Amertrade account at it.
Posted by cactus33 on :
80 bucks your a high roller.. dont break the bank whatever you do..
Posted by OILDOG on :
Zig, minority working interest (20%) in depleted fields in North Texas. Majority of wells plugged and abandoned.PR was hype/scam. Gustavson report identified "potential" for at least 1 target. But, they have to find,and drill it first,dont they.Most everything,reports,unaudited financials,ect., on their website: bpetroleum... Very little income. Weird PR's. You can go back to page 48 here and find dd & humble opinions. Egg,you join,on day 2 or 3 yer pickin',in caps, with THIS IS REAL!heh heh. Stars on yer 2or3 day,may be multiple id "votes" or "pals".lmao. I start quizing and within minutes yer changing yer id......come on,too funny.I may be wrong,but I dont think so. We'll see.And I notice you have another pick up..my,busy little chickie,arent you,for someone that didnt know "what a pumper was until this morning"....hhmmmm.
Posted by Repoman75 on :
quote:Originally posted by cactus33: 80 bucks your a high roller.. dont break the bank whatever you do..
Hawhaw hahaa! Good one.
And I don't bash EVERY stock, only POS's that put out fluff PR's, do R/S, dilute, and steal money from shareholders, like these guys.
Death to this pig!
Posted by Egg Inspector on :
yes Cactus, I am small time...I was told only risk $ you can afford to lose. ont hese Micros I stick with either 1000 shares or $100 whichever comes first. As I learn I will get bolder.
BNP Petroleum Corp. operates as an oil and gas exploration and development company in the United States. The company primarily engages in development drilling, workovers, behind pipe recompletions, and secondary recovery operations. Its properties include morgan lease, morgan tract 2 lease, and douglas mineral trust lease in North and West Texas. The company also provides well management, basic accounting, land administration, regulatory consulting and reporting, engineering, environmental, pumping and drilling supervision, and marketing services through its subsidiary, American Petroleum Corp. BNP Petroleum is headquartered in Irving, Texas.
As for OD, I tried to make peace with you...obviously not worth it.
Posted by OILDOG on :
Egg, just being cautious. Too many pumper/scammers come here to tout no hope shells to get peoples money. We'll see. If I'm wrong,I'll apologize. Pilgrim was BNP Petroleum. Last pump & dump was last June, changed their name to Pilgrim July 5,'05.
Posted by Egg Inspector on :
got out of PGPM....baggin * .065. of course the next trades were right back to .08....has settled * .07.
A Lesson Learned!
Posted by Repoman75 on :
Egg, good job. Better now than when it's .03
Posted by Hold-em-er-fold-em on :
usiness Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 9, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today it has closed on its previously announced acquisition of Daniels Well Service, located in Saginaw and Olney, Texas. This company provides an assortment of well site services in the North West Texas area. Its operating asset base includes well servicing rigs, tools, as well as other drilling service equipment. The combined effort of our contractors and the Daniels acquisition allows us to provide more effective coverage to our properties. Year-over-year growth reflects the strong demand for well services as historically high oil and gas prices caused well owners to try to keep every oil and gas well in production. Rafael Pinedo, President and CEO, said, "Daniels is the type of asset we find most attractive for our company as we move our exploration and redevelopment to different areas in Texas."
About Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements
The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS UTILITIES NATURAL RESOURCES MERGER/ACQUISITION PRODUCT/SERVICE SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com Posted by The Phat Man on :
it'll be interesting to see if the public still trusts pgpm enough as to whether this PR takes it out of the red. for those in this, i hope it takes off for ya.
Posted by Hold-em-er-fold-em on :
This isn't the PR to take this out of the red, but it is a another good step showing Pilgrims commitment to move forward.
Pilgrim isn't concerned with the PPS now! It will take care of itself when they start bringing their equiptment online, and start producing more oil.
The fact that they have picked a well servicer tells me they are moving forward, and will continue to do so through this year.
Glta!
Posted by Repoman75 on :
Maybe I should buy this in my IRA... in 50 years, it may hit .2 again.
Posted by Hold-em-er-fold-em on :
I--nsecure
R--epoman
A--ssociation
I would short it again if I were you! LMAO [ Glad I'm no you ]
Posted by Repoman75 on :
I may short it again.. if it ever breaks .10.. doesn't look good.
"DOWN GOES FRAZIER!"
Posted by Hold-em-er-fold-em on :
What did you say you shorted?
500000 at .14 LOL
Quite an investment for you! LMAO
Posted by Sigma on :
Can anyone find anything on this recent acquisition? I was looking for something on their history, capabilities, equipment, etc.
The 'Net yields nothing at all. Not a single hit with a company with that name. The phone books of Saginaw and Orney also have no listing. The respective chambers of commerce have nothing. I can't find a single iota of information that shows that the company even exists at all. I'm sure there's something somewhere.
Posted by pennyman33 on :
Everyday we are slowly dropping down.. Losing more and more support.. Does anyone know if they plan on releasing news that really means something in the next week or so. The email replies I get give no information on this. I only get vague statements from them.When are they going to release good information Like the complete Gustavson report on how many total barrels of oil pgpm has?
Posted by Egg Inspector on :
Zig asked if they are producing oil <== back in the thread. The spokesman told me, that they(PGPM) told him;
"We are at 150 barrels a day should be 300/day by end of year"
("I am just reporting what was said")
Posted by js49886 on :
next week or 2... well, I heard a couple weeks, week & a half ago.
They're also supposed release info about foreign aquisitions soon. They said it takes longer(for obvious reasons). we'll see
Posted by Egg Inspector on :
what is shorting??
DUH! here's the newB again!
Posted by Egg Inspector on :
I don't know why but this stock just won't go away for me
I just have a good feeling about it. I will probably get back in when I think it hit's rock bottom. .04-.05 ("Hey! my guess is as good as any!")
( I have $ coming from the single best stock pick I ever made) "It will be going straight back into this crazy market" Posted by Hold-em-er-fold-em on :
quote:Originally posted by Egg Inspector: what is shorting??
DUH! here's the newB again!
Short Selling:
Suppose that, after hours of painstaking research and analysis, you decide that company XYZ is dead in the water. The stock is currently trading at $65, but you predict it will trade much lower in the coming months. You decide to take the plunge and short 100 shares. The transaction is straightforward--most online brokerages will have a check box that says "short sale" and "buy to cover."
One of two things can happen in the coming months:
The Stock Price Sinks (stock goes to $40) Borrowed 100 shares of XYZ at $65 $6,500 Bought Back 100 shares of XYZ at $40 -$4,000 Your Profit $2,500
The Stock Price Rises (stock goes to $90) Borrowed 100 shares of XYZ at $65 $6,500 Bought Back 100 shares of XYZ at $90 -$9,000 Your Profit -$2,500
Posted by Repoman75 on :
Shorting is when you borrow a stock, sell it, and the buy it back at a lower price, and then return it.
For example, let's say there is T shirt, that is selling for $10 in Walmart. You go to Walmart and say, "Hey, can I borrow this for a week?". They give you the T-shirt, and you sell it to your friend for $10. 2 days go by and the flourescent green t-shirt is now out of style. Walmart is now selling them for $2. You go to your friend and buyback the t-shirt for $2 (since he hates it now), and then you give it back to Walmart.
Net gain = $8.
Shorting is great, especially on POS stocks like this.
Posted by Hold-em-er-fold-em on :
SO......
Repo tells us he borrowed:
500000 shares at .14 = $70000
In my opinion! I dont think so! LMAO
Posted by Repoman75 on :
*PATS HOLD EM ON THE HEAD*
It's okay little fella...maybe if you work overtime at your sh1t job for the next 5 years, you'll make back that money you lost here...
Buahahahaa... schmoe.
Posted by Hold-em-er-fold-em on :
Sorry jack I'm retired at 45!
You are so full of chit!
70 grand on a pink, not in your little world!
Posted by pennyman33 on :
Do you think if we keep holding we are going to lose our entire investment in this company.. I mean everyday it keeps going down. They make promises but only do bland pr's at best.. everyone has to have a limit on how much loss they can take. IF it keeps dropping we are going to need a 300 percent rise just to break even.. It seems they have told no one if they have any upcoming good news. THE q2 will make things worse. Because their income is real low. I am trying to find something positve about this company but I can't seem to see anything good in the future.. I don't see how they could get off the pinks in their current state.. They still have not told us the full Gustavson report results.. IT makes me think its bad so they won't release it.. In my opinion if they are really trying to get off the pinks they would be doing more to get the share price up.. Instead its dropping lower everyday. I guess there are very few investors that trust them..
Posted by Egg Inspector on :
so...how does one borrow a stock? is it a loan you qualify for? do you build up credit with a company where they allow you so much?
I would have no idea how to go out and 'borrow a stock'.
Posted by Jlizard on :
I got out for a small loss and put my money to work somewhere else. It may come back but I got impatient. Good luck to those still in, hope you get some good news soon.
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Egg Inspector: so...how does one borrow a stock? is it a loan you qualify for? do you build up credit with a company where they allow you so much?
I would have no idea how to go out and 'borrow a stock'.
You need a Margin account through your broker!
Do you think Repo has a 70k + margin acct?
Do you think he would throw 70K into a pink on a hunch it would go down? LOL
Posted by buckstalker on :
You can't short OTC stocks Egg, and Repo is lying to you when he says he has...
Posted by Repoman75 on :
I don't think you'll lose everything, just be down like 70 - 90% for years to come...
You can't short stock through traditional brokerages unless the stock is $5 and over and is NASDAQ/NYSE. I'd get into more details, but since you're a rookie, that's all you really need to know.
Posted by Repoman75 on :
quote:Originally posted by Hold-em-er-fold-em:
quote:Originally posted by Egg Inspector: so...how does one borrow a stock? is it a loan you qualify for? do you build up credit with a company where they allow you so much?
I would have no idea how to go out and 'borrow a stock'.
You need a Margin account through your broker!
Do you think Repo has a 70k + margin acct?
Do you think he would throw 70K into a pink on a hunch it would go down? LOL
A hunch??? That statement ALONE proves that you are an amateur with ZERO DD skills. YOU may throw money at stocks on hunches, I bet on sure things.
Rookie. Go back to paper trading or buying T-bills.
Posted by Hold-em-er-fold-em on :
Ya you need an offshore account! LMAO
Posted by buckstalker on :
Repo...wasn't that you that posted a cry for help here about a month ago, because as you put it "I've lost my edge".
[/qb][/QUOTE]I bet on sure things. [/QB][/QUOTE]
Posted by cottonjim on :
Repo, what is about you that drives people crazy? Arguments seem to follow you around this board everywhere.
Posted by Hold-em-er-fold-em on :
I'd be willing to put up some dough to see your
500000 share " sell to cover" transaction!
Show us and then i will never doubt you again!
Posted by Egg Inspector on :
I really don't know what repo would do.....Here's a story:
I have a friend who is worth $300M (inherited a construction company) one day we are driving out to see a property he bought, sight unseen, in his brand new Ford F250. We get there and on the side of the garage is a Mercedes Benz, a few years old at the time, but very nice, 500 series (I think). He sees it as we are leaving. He stops, looks at me and says "watch this"...
He backs up, guns the motor, and with a good 25yd run smashes his brand new Ford F250 into this Mercedes! Backs up, again, again. I'm speechless....He's laughin. F250 all crunched up....Mercedes is toast. He says to me "F***** rich B******, I always wanted to smash a Mercedes!"
"I have no idea what nutty rich people would do"
I know I wouldn't borrow 70K with that much risk. I almost couldn't stand having to get a 2nd on my house!
Posted by Egg Inspector on :
Repo, no-thanks for the advise....I am an ameture, and I would never really need to know 'how' to short a stock cause I would never do it.
Your right, I have probably picked on hunches....I am now learning DD skills. I have done very well at everything I have ever set my mind to. If I choose to continue using these Msg boards as a resource, you will see a successful stock playing Egg in the near future (it just seems that these message boards are full of backbiting, smart asses always ready to abuse a fellow human being. just like the chat rooms years ago, and the H.S's Jr. High schools before that 'come to think of it')
Posted by BuyTex on :
quote:Originally posted by Egg Inspector: I really don't know what repo would do.....Here's a story:
I have a friend who is worth $300M (inherited a construction company) one day we are driving out to see a property he bought, sight unseen, in his brand new Ford F250. We get there and on the side of the garage is a Mercedes Benz, a few years old at the time, but very nice, 500 series (I think). He sees it as we are leaving. He stops, looks at me and says "watch this"...
He backs up, guns the motor, and with a good 25yd run smashes his brand new Ford F250 into this Mercedes! Backs up, again, again. I'm speechless....He's laughin. F250 all crunched up....Mercedes is toast. He says to me "F***** rich B******, I always wanted to smash a Mercedes!"
"I have no idea what nutty rich people would do"
I know I wouldn't borrow 70K with that much risk. I almost couldn't stand having to get a 2nd on my house!
funny story...
Posted by Egg Inspector on :
I am here to think, absorb, and grow rich. I do not need to feed my ego by trouncing others....or proving my superiority by pointing out negative details in others.
That has never been me.
Posted by Egg Inspector on :
true story tex...the Mercedez was left with the house, but he didn't really know that at the time. You should have seen the look on his face when I asked him "whose car is that?"......LOL
Posted by Repoman75 on :
Cottonjim, like Batman driving the criminals insane, it is my devotion to Truth, Justice and the American Way.
And that were my Mercedes, I'd blow you away. Period. And I do have the Florida Non Resident Concealed Weapon Permit to do so.
Posted by js49886 on :
The Gustavson report was only partial... everyone already paniced thinking that was it. A full report would only add more to it. There are a few positive things to look forward too. The only thing is, do the positives outweigh the negatives....
quote:Originally posted by pennyman33: Do you think if we keep holding we are going to lose our entire investment in this company.. I mean everyday it keeps going down. They make promises but only do bland pr's at best.. everyone has to have a limit on how much loss they can take. IF it keeps dropping we are going to need a 300 percent rise just to break even.. It seems they have told no one if they have any upcoming good news. THE q2 will make things worse. Because their income is real low. I am trying to find something positve about this company but I can't seem to see anything good in the future.. I don't see how they could get off the pinks in their current state.. They still have not told us the full Gustavson report results.. IT makes me think its bad so they won't release it.. In my opinion if they are really trying to get off the pinks they would be doing more to get the share price up.. Instead its dropping lower everyday. I guess there are very few investors that trust them..
Posted by js49886 on :
lol, where in pa are you repo?
Posted by Repoman75 on :
Near Easton...
Posted by Hold-em-er-fold-em on :
"it is my devotion to Truth"
Now that is some funny CHIT Repo!!!!!!!!!
Posted by Repoman75 on :
Near Easton
Posted by js49886 on :
ah You're not to far from me at all, Im near wilkes-barre/hazleton
Posted by Repoman75 on :
Cool.
Posted by js49886 on :
Ask went to .13 after close... Im guessing because the MMs closed...?
Posted by OILDOG on :
Sigma, who knows. There are HUNDREDS of little workover companies here in Okla. My guess is there are a gazillion in Texas!! The competition is fierce.Pinedos statement it would save them substantial money doesnt wash. Only a handful of wells,not much to save. As for Fast Eddies 150 bbls/day, thats 54,000 bbls/year. Thats 10X what they produced last year by my calcs using RR commission records.And their financials sure dont show it.He was telling callers on another board 20 million bbls...last year!!!!lmao.
Posted by BuyTex on :
Oildog, I have made this offer before. I live near PGPM HQ...
I can go there and ask questions, take pix, etc--am an ex reporter. Have done technical documentation for ARCO and founded a statewide land use journal, so I know a lil bit about geology. You seem to have a grasp on oilfield workings--feed me some good questions, and I'll visit the company...
Posted by OILDOG on :
Thanks Tex. Well I'd REALLY like to see pics of their $3900/year office!!!! Outhouse or storage shed!! And: 1)Are their acquisitions simple working interest buyin or include farmout(right to drill)? 2)how many actual producing wells do they have. (Can check RR Commission production figures.) 3)What is their working interest in the upcoming Barnett Shale purchase,and are they going to participate in new wells with who? 4)They've stated in PRs last year they acquired equipment with their leases,including a rig, why did they "need" to buy a workover co?Are they an oil company or a service co? 5)Whose brain fart was the "financial ratios" PR? j/k 6)Who owns the majority working interest in the Wichita county properties? 7) On their "expertise", do they have a staff geologist or petroleum engineer?(know the answer to that one!) 8)Will they pay for seismic on the Wichita leases to locate a target to drill or.....? Can think of more but since they arent drilling anything,never drilled any wells,ect, dont see the point. Oh yea, what country are Pinedo and his bunch from? Would like to go with you and get a "gut"feel about this bunch,but,work pretty much 24/7 on this well. Bad enough to have a 270 mi r/t to go home a couple days a week. Posted by Egg Inspector on :
Got some news....might be old to you 'all
story #1
PIGRAM PETROL NEWS
June 02, 2006 11:51:00 AM ET Pilgrim Petroleum is Pleased to Announce Record in Current Financial RatiosadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articlePILGRIM PETROLEUM CORP(PGPM) Quote, Chart, News Related topicsEarnings Reports
All Business Wire NewsPilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce record in current Financial Ratios as of May 31, 2006:
Related newsPilgrim Petroleum Completes Acquisition of Daniels Well ServicePilgrim Petroleum to Acquire Well Service ProviderPilgrim Petroleum in Negotiations to Acquire Production and Acreage in the Texas Barnett ShalePilgrim Petroleum Corporation Announced Today an Explanation of the Previous May 1st Press ReleaseTake-Two Shares Plunge on Profit Report -- Net Profit Margin = 25.64%. It means that for each dollar of sales that Pilgrim generates, it is contributing 25 cents to its bottom line (net income). It reveals how Pilgrim's management controls the cost structure of the firm.
-- ROA = Net Profit after tax/total assets = 24.63%. Indeed, well above average, earning almost 25% on our asset investment.
-- ROE = Net Profit after tax/Stockholder's equity = 25.35% growing ROE or ROI. Pilgrim is striving to payoff its investors! This financial ratio tells the rate that shareholders are earning on their shares. (Generally, companies that generate high return relative to their shareholder's equity are companies that pay their shareholders off substantially, creating significant assets for each dollar invested. These businesses are more than likely self-funding companies that require no additional debt or equity investments.)
Pilgrim Petroleum's goal is to keep improving these ratios, not only will new leases contribute to an immediate increase of revenues as well as the overall production levels, but also the recent contract with Basic Energy and JAR will boost the production expectations. Here are some additional highlights:
1) Increase on financial ratios over 300% comparing with the figure from six months ago, from negative to positive ratios.
2) We have no debt. Our obligations, are solely to our stockholders.
3) Estimated substantial revenues from new development of reserves
4) Short and Mid term Growth Strategy through new acquisitions
5) Plans to venture with peer companies to acquire working interest in attractive new prospects. This way, Pilgrim will be able to reduce the risk of exploration projects while increasing new sources of revenue.
Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum is growing exponentially in a very short time; the results for this coming quarter will be the best ever for the company. Our focus is not only to increasing profitability, but also achieving long-term sustainability."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Contact Information: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com
June 02, 2006 11:07:00 AM ET Pilgrim Petroleum in Negotiations to Acquire Production and Acreage in the Texas Barnett ShaleadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articlePILGRIM PETROLEUM CORP(PGPM) Quote, Chart, News
All Business Wire NewsPilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today negotiations to acquire production and acreage of approximately 7300 total acres in Johnson and Wise county in the Texas Barnett Shale, the best play in the country. This property has a history of great production and existing conventional well bores available for reentry; Pilgrim Petroleum will focus on refitting the properties with additional horizontal and directional wells. Some seismic data is available with this acquisition, which will facilitate a reserve report. A final agreement is expected to be completed in the next few weeks.
Related newsPilgrim Petroleum Completes Acquisition of Daniels Well ServicePilgrim Petroleum to Acquire Well Service ProviderPilgrim Petroleum is Pleased to Announce Record in Current Financial RatiosPilgrim Petroleum Corporation Announced Today an Explanation of the Previous May 1st Press ReleasePilgrim Petroleum Corporation Announced Today Financial Analysis and Considerations Stephen Richardson, Pilgrim Petroleum Vice-President, said, "Each acquisition builds our natural energy reserve base. We will continue to acquire properties and bring our wells on line throughout 2006 in order to increase our residual revenue."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Posted by Egg Inspector on :
PR #3
June 01, 2006 09:21:00 AM ET
Pilgrim Petroleum Corporation Announced Today an Explanation of the Previous May 1st Press ReleaseadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articlePILGRIM PETROLEUM CORP(PGPM) Quote, Chart, News
June 01, 2006 09:21:00 AM ET All Business Wire NewsPilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today an explanation of the previous May 1st Press Release. After thorough research, Potential Oil Resources calculations without taking some factors like porosity, etc., into account can produce high estimate reserves due to inconsistencies in the volumetric calculations. Further definition between the methods used requires determining factors with inherent uncertainties by themselves and even more when they are combined. As commented SCA Geologic (2003), "over the past 25 years significant errors haven been present in reserve calculations as a result of using the wrong thickness value to determine the reservoir quality sand or to prepare net pay maps for volumetric calculations. Errors of 20 to 30 percent are not uncommon, but on occasion errors of up to 700 percent have been documented." Under this premise Pilgrim Petroleum decided to obtain a 3rd party opinion as a part of the pre-valuation stage in order to make wise capital outlays. Before anything, the company needs measures with less uncertain methodology. Gustavson preliminary report provides a reviewed, more thorough and conservative identification of the company's current assets value and resource estimates. This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. Neither report will include any marginal existing production or take into consideration a significant amount of processing equipment already in place. After all the complete report from Gustavson will be done in weeks, we are confident that this final number of Potential Resources will be significantly higher.
Related newsPilgrim Petroleum Completes Acquisition of Daniels Well ServicePilgrim Petroleum to Acquire Well Service ProviderPilgrim Petroleum is Pleased to Announce Record in Current Financial RatiosPilgrim Petroleum in Negotiations to Acquire Production and Acreage in the Texas Barnett ShalePilgrim Petroleum Corporation Announced Today Financial Analysis and Considerations Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Lessons Learned. As we grow, we exponentially encounter challenges that we need to offset through accurate operational management. Our commitment to the company and our shareholders is our driving force, we are very confident on the final results."
Posted by BuyTex on :
lol, Bill, eggie...
I have wondered about you: because of our stature as a premium board, we often have scamsters who try to infiltrate. There are some on-board, now... One tactic is to "pretend newbiness."
Another thing scam-dawgs do is use multi-aliases, sometimes creating them and then shelving them for retrieval later, so the nick doesn't look so new...
However, you---lol, you're about to convince me you actually are a newbie. I haven't seen so much stumbling about since *I* joined, lol...
Case in point: have you read the thread? A few traders have been tracking this since *before* the PR that launched the 1,000% day. Since then, it's been under constant watch for another "miracle." Does it seem likely these PRs would really be revelations?
Posted by Egg Inspector on :
LOL...LOL...LOL
I am trying to fool no one. I am who I am. I have told my story...you know it. I am the honest, smart, intelligent egg with all the Jonny-on-the-spot insight!
" do I look that stupid?"
Posted by Egg Inspector on :
Buy...I got my tax return and said
quote:I'm going to go for it
so....I have invested about $1700 since May 1st. as of Friday I was down -$667
not bad huh?
Posted by BuyTex on :
you have just convinced me to post what I have been considering all day...
"not bad, huh"
not to be mean...but that's terrible
stay tuned
Posted by Egg Inspector on :
back to your question...
not revelations....just contributions.
Like; "hey this guy IS trying. He reads. He researches" maybe it's my way of trying to participate...............be relevant........ prove a newB can figure this game out and MAKE MONEY!
I am here now for 1 reason...well 2 reasons. I have 2 daughters, straight A students, who deserve better than Community College. then they'll be wedding bells......I blew it over the last few years. I had it pretty well together up until 35yrs, then I had a ....well........MELTDOWN! I am just trying to get back on top. I aint trying to mess with anyone....that has been the worst part of this experience. I don't go aftger people in general, in my life. I truly live the 'live and let live philosophy. after a few post here....I was under ATTACK! mortars, small arms fire....and the IED's, at every turn. I usually would have walked away saying "I'm not wasting my time on these idiots" but there have been a few like 10of13, steam ahead, you... enough that I see the potential of sharing info and learning from others... enough of tyhis elf-seving sermon....
Billy-OUT!
Posted by Egg Inspector on :
I KNOW IT'S TERRIBLE.....but I'm in for the long haul.......LOL
Posted by Egg Inspector on :
the Egg says;
"Is there a spell check button on this damn page!" Posted by BuyTex on :
ok
calm down...
will direct some stuff your way tomorrow...
Posted by Egg Inspector on :
Thank you sir........
patiently waiting Posted by js49886 on :
Any speculation for tomorrow?
Posted by Repoman75 on :
Open at .07, close at .07
Posted by pennyman33 on :
I hope we are lucky enough to close at 0.07 right now we are dropping bad.. I am begining to think it is going back to 0.001 then they will do another name change and start the scam over again next year..
Posted by lostone on :
PR should be this week? anything on the grapevine?
Posted by pennyman33 on :
I am really begining to believe this company is a scam.. They only release fuff pr's.. They promise big numbers but never produce them.. We need to email the ceo and tell him to release the real numbers on the barrels of oil we have.. IF he doesn't we will be at 0.03 or worse.. Does any of you here want to stand idle while our investment goes down to nothing..
Posted by lostone on :
well, at least they stopped the fluff PRs .. hopefully we'll see some real ones soon.. the deals..
Posted by js49886 on :
I emailed them about the details of the well service aqusition & other things.
Posted by pennyman33 on :
He told me that they had real good news release today. they didnt release it last week because of the bad market.. I think he just told me a lie.. Id doubt he will take our advice about releasing fuff pr's.. I hope so.. I really don't think they have any good news to release.. Think about it why set on good news on how much oil we have in reserve.. While the share price tanks.. ALl I ever get from them is we are working on that.. IT will be here soon.. They have been saying that for a few weeks now.. I think they are just buying time until we just give up and sell.. Then they change the name like last year and start this over again like they did to other investors in 2005.. MAybe if we keep emailing them they will aleast make up some lies to get the share price up some.. IF so I am getting out of this scam for sure.. I will advise anyone else to do the same. There are to many negatives with this company.. They also told me the q2 results are going to be good. HOW? they are pumping like 200-300barrels of oil a week.. that q2 is going to be joke.. If the share price is not down to 0.01 by then it will be after they release that lame report.. I have gotten different answers everytime I email them the same question.. They are lying like hell. Anybody who owns shares with this company please email them let them know we need some real numbers and no more fuff pr crap.. IF they get enough emails they might do something. The longer we wait the more money we lose..
Posted by js49886 on :
"Gustavson report will be done witting weeks, we will provide details about Daniels well service in our website, Daniels well services operate under DBA Ernie Daniels in Orney Tx; Acquisition in Barnett Shale will be completed soon, we a mutual Non Disclosure agreement until closing. The majority of our acquisitions are based on a high value of the stock and our projections; the majority of this acquisitions are with people that we have relationship for over 10 years with lots of credibility. We will be posting a PR about some great news; but we are holding because the market in general is been down. Regards
Rafael Pinedo"
Posted by js49886 on :
Saw some big buys around 3:30 400k combined
Posted by pennyman33 on :
Thanks for posting that.. js they have been telling me that same **** for weeks now.. "Gustavson report will be done witting weeks" what the hell is witting?? I assume it means within weeks.. Again they told me this weeks ago.. "the majority of our acquisitions are based on a high value of the stock and our projections" what does that mean? hell we are at 0.06 now I dont consider that a high value.. their projections.. well how did that 900 million barrels of oil projection turn out?? lol How are they are going to get the share price up on that fuff they plan to release. Since they will not release the Gustavson report?? Nobody cares about that little pos oil serivice company that just got.. ITs worthless it will not save them anything.. They most likely just gave them stock.. Which is soon becoming worthless too .. "We will be posting a PR about some great news; but we are holding because the market in general is been down." Hell they told me that last week. HE promised me it would be released today.. I guess we all know that was a lie.. THey have been using that market is down BS for a few weeks also.. "he majority of this acquisitions are with people that we have relationship for over 10 years with lots of credibility." lol what about that name change last year??? I emailed them about that and they told me they did not change their name.. That was another lie.. Atleast this time they told you the same lies I got.. its good to see what they are telling people so we can keep track of their lies. WE need to really start questioning them on some of these issues.. Everytime I do it they just never address the issue and tell me we are working on it.. it will be within weeks or some other bs..
Posted by pennyman33 on :
Those big sells must have been dumps.. OR pgpm dumping diluting shares in smaller blocks.. closed at 0.55 we are getting killed..
Posted by Hold-em-er-fold-em on :
Then sell pennyman! nobodys holding you hostage here!
Posted by lostone on :
quote:Originally posted by pennyman33: Those big sells must have been dumps.. OR pgpm dumping diluting shares in smaller blocks.. closed at 0.55 we are getting killed..
i think if a company dilutes, it's gonna be more than those 400k shares
Posted by Repoman75 on :
.055????
"DOWN GOES FRAZIER! DOWN GOES FRAZIER! DOWN GOES FRAZIER!"
Posted by pennyman33 on :
I would think so too but you never know.. I emailed them about dilution too. They never replied to that one.. I emailed them several times about that.. never got a answer.. IF its not dulition I guess some people are just cutting their losses getting out while they still have something.. IT just lost support at 0.06 now.. IT had to be someone dumping shares.. We are losing our ass here.. Hold-em or fold-em just how much of a lose can you take??? you might not even own any shares of pgpm.. How can you defend a company which the share price tanking so bad and the lies they keep telling.. I am trying to get people email them so maybe that will least do something.. IF not you are certainly facing 0.001 and another name change.. its your money do what you want but I dont want to sit idle and lose my ass.. ITs so low now i cant sell.. trust me if it gets back up some I will get out.. I can not understand how you people can take such huge losses and still defend the company when you are taking the same losses as me.. You think if you do not sell you will not lose.. ANd you are wrong because it seems to me they have no plan to bring the pps up.. people told me they were promising that barnett shale deal in 2005!!! then the stock tanked to 0.0001 and then they changed the name of the company... think about that... Do you want that to happen to you this time?? IT will do you no good to get mad at me.. It still wont save you from losing your ass.. Why not starting emailing them about these issues.. I do it as much as I can.. But I guess most people would rather defend them and while the share price tanks..
[ June 12, 2006, 16:48: Message edited by: pennyman33 ]
Posted by OILDOG on :
Little early to start the dirge. These things usually have a last gasp twitch or two.
Posted by Hold-em-er-fold-em on :
Pennyman,
ITs so low now i cant sell..
That statement makes no sense at all. If you think this is going down to .001 then wouln't .06 be better than .001 to get out? LOL
I'm not mad lol, it's just stupid to come in here moaning every post about how much money your down.
If you dont like it, get out now while you have some left.
Posted by pennyman33 on :
Thats fine hold-em or fold-em I expected you to say worse than you did.. You might not even own any shares of this scam.. Which is good for you but why bother to post here.. I guess I should have said the stock price is so low now that the money I get from the sale is so low I might as well have nothing.. But even you gave me some good advice.. "If you dont like it, get out now while you have some left." you must think this stock is going to tank also.. Oildog thanks for posting the info about the 2005 scam they pulled. I emailed them about it and The CEO said they DID NOT CHANGE THEIR NAME LAST YEAR.. Hmmm I think I was told another lie.. I thought this company had another rise left in it also.. That is why I didn't sell. But I see No news in the short future that will bring this thing back up. The good news they promise is probably another fuff PR.. We need the real numbers on their total barrels of oil and they will NOT release them. They keep saying within weeks. They have been saying that for weeks.. I think they don't have any real numbers or never planned to. It was just a lie.. IF you have such good news on large amounts of oil you own why not tell it.. The share price is tanking... Yet they do not bother to release any numbers..
Posted by buckstalker on :
pennyman...you are either a paid basher or the most ignorant, whining, newbie that I have ever seen on this board...If you are the latter, I would suggest that you sell your position now, take your losses, and stay away from the penny market...listening to you whine is pathetic...
quote:Originally posted by pennyman33: Thats fine hold-em or fold-em I expected you to say worse than you did.. You might not even own any shares of this scam.. Which is good for you but why bother to post here.. I guess I should have said the stock price is so low now that the money I get from the sale is so low I might as well have nothing.. But even you gave me some good advice.. "If you dont like it, get out now while you have some left." you must think this stock is going to tank also.. Oildog thanks for posting the info about the 2005 scam they pulled. I emailed them about it and The CEO said they DID NOT CHANGE THEIR NAME LAST YEAR.. Hmmm I think I was told another lie.. I thought this company had another rise left in it also.. That is why I didn't sell. But I see No news in the short future that will bring this thing back up. The good news they promise is probably another fuff PR.. We need the real numbers on their total barrels of oil and they will NOT release them. They keep saying within weeks. They have been saying that for weeks.. I think they don't have any real numbers or never planned to. It was just a lie.. IF you have such good news on large amounts of oil you own why not tell it.. The share price is tanking... Yet they do not bother to release any numbers..
Posted by Hold-em-er-fold-em on :
UMMMMMM....
Ya what he said!! Posted by pennyman33 on :
explain whats makes you so high and mighty buck*******??? Taking a complete loss.. Or just not owning any to begin with?? This stock is tanking into the ground yet you still defend it.. You must be a paid pumper.. You need to do a hell of job get this POS up.. All you do is attack people.. DO you have a answer to why they can't produce a good pr without fuff?? Why did the change their name last year and tank.. Then start up this scam this year.. WHo do you have to say about that??? paid pumper or blind idiot..
Posted by Hold-em-er-fold-em on :
LOL,
Poor pennyman!
Posted by pennyman33 on :
go read what they are saying at investors.. hub,, I do not post there..
Posted by Hold-em-er-fold-em on :
usiness Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 13, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the company's 1-2 year projected EPS (Net Earnings/Outstanding Shares) $50,000,000/322,720,011 of 0.154, Based on this EPS multiplied by a sustainable growth rate of 25% and multiplied by the average industry P/E ratio of 14.79 (according Reuters), Pilgrim's intrinsic value or estimated stock value should be $2.847. According the Gustavson Report, our estimation of potential resources based on an early or "pre-development" stage, will represent a high probability of drilling success, which may indicate the valuation maybe up to double or triple of this projected stock value. When evaluating resources in particular contingent and prospective resources, Resources P50: Considered to be the best estimate of the quantity that will actually be recovered from the accumulation. (Source: Petroleum Society of CIM. Definitions of Oil and Gas Resources and Reserves) Recent activities related to the estimation of resources along with its on-going process for the preparation to become a fully reporting company and additional property acquisitions among others will let Pilgrim capitalize on its true value of operations as well as opening a transparent communication between the company and its shareholders. Pilgrim Petroleum management is focused on multiple horizons with hydrocarbon potential and is proud to communicate that the company's combined assets are now producing in an upward trend and new discoveries for further hydrocarbon potential have been made. Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum is growing in a very fast pace with substantial opportunities. Management is now outlining further corporate actions to continue our process of streamlining operations. Pilgrim Petroleum is looking forward to keeping investors informed on its progress and success in 2006."
About Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements
The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com Posted by Hold-em-er-fold-em on :
Hehe,
2.84 per share, I could live with that!
LOL
Posted by BENJAMINS on :
I'm in this, its a no brainer..... lets look for a HOD .
Posted by Hold-em-er-fold-em on :
Yep,
I,ve got long and short term positions here. By EOY this is going to be awesome!
Posted by BENJAMINS on :
getting pounded like a coconut shell,...once we past .08 , we should soar like the eagle !!!!
Posted by Hold-em-er-fold-em on :
This price will not stay low now with these projections. That was an awesome PR.
Posted by BULListic on :
In at .075....expected more of flury of buying with that projection. Even if way off, it should get people excited in this one again.
Posted by PCola77 on :
Ask JEFF 5000x.07!!!!! HDSN 1x.07 NITE 100x.075
Posted by pennyman33 on :
I do not have one bad thing to say about that pr.. That is what I have been asking for.. I emailed the the company several times and told them NO MORE FUFF PR's give us a PR with real numbers in it so investors and potential investors have a way to put value on the company.. They did it.. wow... I DIDNT SELL YET..
Posted by PCola77 on :
Ask HDSN 1x.06 JEFF 5000x.07 NITE 100x.075
Posted by Hold-em-er-fold-em on :
I think the mm's were caught of guard here. All the indicators [ short term ] pointed to this continuing to go down a little more.
I think the PR caught them of guard with very few shares. They will try to pick up as many shares as they can at these levels, so i think they are holding this down for the moment.
HDSN came in during the middle of a bunch of buys and lowered the ask. He is trying to pick them up cheap!
Posted by lostone on :
geez.. wtf..
Posted by BENJAMINS on :
MMs are trying to accumulate a lotta shares at cheap prices, remember majority of investors did not sell their shares even at the face of downtrend, now that a good PR is out and the stock WILL only move up...MMs are trying to stop that and get more shares for cheap. my advice is Dont give MMs your long awaited profit just IMO.
Posted by Hold-em-er-fold-em on :
You cant look at the current price and MM movement.
What I am looking at right now is the 2.84 projected PPS. That is the goal!
Posted by BULListic on :
I think the company needs to re-issue that PR and say "we said $2.87 you dummies, not $0.0287"
Buying more here to average down when the MM's let this run.
Posted by pennyman33 on :
I don't think it will take off because the market is down.. But still it should stop the tanking..I was just hoping for something that would stop the tanking.. we got it!!! I think it might gain value a little everyday..
Posted by lostone on :
anyone getting filled at this level?
Posted by BENJAMINS on :
MMs are the biggest ENRON's and ROBBERS on the face of this planet,.... I dont know how they get away with this.
Posted by Sith Trader on :
collapse, again
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Sith Trader: collapse, again
Hey REPO!! LOL
Posted by pennyman33 on :
I doubt there will be many sellers at this price..
Posted by Hold-em-er-fold-em on :
I agree Pennyman! I think our sellers will be few and far between now.
That Pr is was awesome, and very well written.
Posted by pennyman33 on :
I dont know why it would drop back down on good news.. Unless the MM"S need some more shares.. I dont think they can hold it at these low levels for long.. I am still not going to hold this very long.. But with this good news. I will wait awhile if needed..
Posted by pennyman33 on :
it was a good pr.. This must be just the mm's playing games.. Not doubt there will be very few sellers with this news.. It might take days or weeks to get back up though.. I can wait..
Posted by Repoman75 on :
.057... you caught the MM's off guard??? Buahhahaaa.. you couldn't catch sh1t in a toilet. MM's own your azz, as well as most of the tradeable float of this POS. No PR will ever save this for the foreseeable future.
And I am not Sith... check our IP's.
I will post again when it hits .04.
Posted by Hold-em-er-fold-em on :
WOuld someone flush the toilet please!!
We seem to have something floating in the bowl here!
Get back to work Repo before your Boss catches you screwing around on the comp.
Posted by buckstalker on :
pennyman from parts unknown... Be careful with your posts and who you listen to...I have been here longer than most...I DON'T pump or bash nor do I make assumptions. Calling a stock that you own a scam is not very intelligent to say the least...Calling me a paid pumper is also not very smart... On the other hand...calling Repo stupid would be a very intelligent statement...
quote:Originally posted by pennyman33: explain whats makes you so high and mighty buck*******??? Taking a complete loss.. Or just not owning any to begin with?? This stock is tanking into the ground yet you still defend it.. You must be a paid pumper.. You need to do a hell of job get this POS up.. All you do is attack people.. DO you have a answer to why they can't produce a good pr without fuff?? Why did the change their name last year and tank.. Then start up this scam this year.. WHo do you have to say about that??? paid pumper or blind idiot..
Posted by js49886 on :
L2? seems we have a little support at .06?
Posted by Hold-em-er-fold-em on :
2 x .055 1 x .06 2 x .050 2 x .07 1 x .01 2 x .08
Posted by pennyman33 on :
No one here has yet to get why I put I am from parts unknown yet.. It is a funny clue.. someone here should be able to guess where I got that from.. Repo has saved me cash with his posts at allstocks.. ******* I am going to call you something sense you seem to think you can get away with insulting me. It seems for some reason some old people think they can insult people and not get any retaliation.
Posted by Hold-em-er-fold-em on :
"It seems for some reason some old people think they can insult people and not get any retaliation. "
You must also be referring to REPO!
Posted by OILDOG on :
Lawdy..WHAT kind of mumbojumbo PR was THAT? They keep putting out share price PRs for WHAT? Pinedo must be a nutcake!!!!LMAO They dont HAVE any reserves until they FIND some by DRILLING,no matter what Gustavsons report says.JJeeeezzzzz.
Posted by buckstalker on :
Oildog...let's be realistic here...when was the last time you saw a PR from ANY penny stock that wasn't "mumbojumbo"...Fact is...you or I DON'T know whether there is oil in them there hills or not...pretty much the same from any penny stock...they are all pure speculation!
Posted by Hold-em-er-fold-em on :
LOL I was waiting for your BS to come back in today after that PR.
That was an awesome PR and you know it!
You have Zero credibility oildog and 1 lonely star to show for it. That Pr gave PPS estimates based of the evaluation, and you cant dispute it with any of your baseless posts.
Go lay some more pipe Oildog. Infact go lay some pipe with Repoman. Lmao
Posted by OILDOG on :
Their using $50 mil for the "valuation" when the report said $40 mil. And the O/S instead of the 1 billion shares A/S(pinks WILL use it)!!!!! And they have "new discoveries"? WHERE!! Why didnt they PR the "new" discoveries? This smell like an offshore scam. Americans are SUCH suckeeeerrrrsss.LMAO Posted by Hold-em-er-fold-em on :
"Americans are SUCH suckeeeerrrrsss.LMAO "
Ethnic attacks now huh? That will get you a boot in the can!
Posted by Repoman75 on :
American is an ethnicity?
Hold-em, you're the dumbest SOB on the planet. Go give skull to Buckwheat.
Posted by OILDOG on :
Awesome PR? Rrreeeaaaallllyyyyyy Holdem? Tell me what they've done. Have they drilled any wells, discovered ANY prospect TOO drill? NO!!! They had a report done. Period.They havent explored OR drilled ANYTHING. They have properties so insignificant Gustavson SAID unimportant in their evaluation. This is hilarious. Your naive. Posted by Repoman75 on :
Oh, and 5 stars for Oildog!
Posted by Hold-em-er-fold-em on :
OH and repo! I happen to be an Italian American, so American ethnicity has many forms dumbazz! lol
Posted by js49886 on :
100k buys * .06
Posted by BENJAMINS on :
Can someone with L2s take a look at this one GESM and tell me what is wrong with the picture.
Posted by Hold-em-er-fold-em on :
GESM L2's
1 x .10 1 x .14 1 x .08 2 x .15
Posted by BENJAMINS on :
what kinda L2s is this? is this a scam?
Posted by js49886 on :
weird, whats going on with that.. any update?
Posted by js49886 on :
current L2? moved back up
Posted by BENJAMINS on :
They had a news about a contract with American Express today
Posted by js49886 on :
???
Posted by lostone on :
o crap.. hey guys, i just sold 260k shares and it didn't show up on the streamer, it only showed as 23k... are the MM's buying? is that why it doesn't show up?
Posted by buckstalker on :
Showed up on my T&A as a 260k trade at .058 Someone is buying them...
Posted by buckstalker on :
13:32:51 23000 0.06 + OTCEQ_NBB 13:32:51 50000 0.06 + OTCEQ_NBB 13:32:51 260000 0.058 + OTCEQ_NBB
Posted by lostone on :
guess my streamer was stuck.. man, it's so sad, i had to release some..
Posted by js49886 on :
I hate when it does that.
Posted by pennyman33 on :
I got out today too.. Too many negatives with this company. I don't trust them.. good luck for the people still holding..
Posted by lostone on :
i still got some left.. hopefully we can get back to .08's
Posted by js49886 on :
Got an email back, final Gustavson report to be finished before july 15th.
apparently.... "We will have some very important news to disclose very soon."
Posted by indef on :
Pilgrim Petroleum Announces Record in Its Well Servicing Unit via COMTEX
June 15, 2006
IRVING, Texas, Jun 15, 2006 (BUSINESS WIRE) --
Pilgrim Petroleum Corporation (Pink Sheets: PGPM), an independent oil and gas company, announces record in its well servicing unit. The Company has received a record of 17 workovers and recompletions of marginal wells from June 1st to June 14th 2006. They are now in full operation and producing between 12 and 38 BOD in average. The majority of the remaining wells are expected to be delivered by the end of the fourth quarter of this year to our existing properties.
Rig services units utilization remains high in nearly all our properties. Thanks to Basic Energy Services (NYSE: BAS), our production has improved. In addition to the acquisition of Daniels Well Services, the company will benefit this quarter from an increase in production, over 45% of the last quarter.
Stephen Richardson, Pilgrim Petroleum Vice-President said, "Thanks to a superior performance of our field team, we will bring more wells on line throughout 2006 in order to increase our residual revenue."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward Looking Statements: The statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com
Copyright Business Wire 2006
Posted by OILDOG on :
Confusing at best. "Received a record". Does that mean the company they bought is going to or did 17 workovers? Or are they talking about their OWN wells? I couldnt find that many wells in Texas RR commission records. More mumbojumbo. They have TWO Crapital Investment promo/pr firms working this and the PRs read like Pinedo is doing them himself. lmao. He has nothing to do but PR and wear out his calculator figuring price per share PRs for his "company"!!! Well,maybe Gustavsons report mid July will shed a little light on this,IF they can figure this out!lol
Posted by lostone on :
i think the record is finishing those wells within the time frame.. but of course, oildog can make anything out of anything..
Posted by OILDOG on :
Maybe the record was Prince or Santana?
Posted by Hold-em-er-fold-em on :
Dont worry about him Lostone!!
Nobody pays attention to Oildog Now!
Everybody know his posts are all BS, and he definately has some agenda here to bash everyday.
Oildog I think the fact you want to protect newbs is well past its time now. Your 203 posts, and about 190 of those bashing PGPM would convince anyone you are after something other than protecting people. LMAO
Posted by Hold-em-er-fold-em on :
People loading up here!
The fact they have wells online and confirmed production is awesome. This is great news for the rest of 06' with them bringing more and more wells online!
Posted by lostone on :
exactly.. once they start production, and get some oil, we'll see green.. cuz oil isn't hard to sell.. lol
Posted by Hold-em-er-fold-em on :
With all the buys this AM, I am wondering if we will see a PR today about the report.
It sure seems as though people are loading up in advance of some news!
Posted by Hold-em-er-fold-em on :
Ask up to .075 she working this morning! Posted by OILDOG on :
heh heh. They already had some "news" this morning holdem. But it may take two or three PRs a day to get this to twitch, think? Maybe a daily pps "calculation"? They already PR'd about the report,coming to a pumper near you, July 15. Posted by Hold-em-er-fold-em on :
LOL, Oildog this is one of your useless posts!
What did you say? They have to find some first!! Oh, wait a minute! THEY DID! LMAO PAID BASHERS! ALWAYS BRINGS THE PPS UP! LOL
quote:Originally posted by OILDOG: Lawdy..WHAT kind of mumbojumbo PR was THAT? They keep putting out share price PRs for WHAT? Pinedo must be a nutcake!!!!LMAO They dont HAVE any reserves until they FIND some by DRILLING,no matter what Gustavsons report says.JJeeeezzzzz.
Posted by lostone on :
we're up to .07
Posted by Hold-em-er-fold-em on :
1 x .065 1 x .070 2 x .060 3 x .080 1 x .050 1 x .090
Posted by OILDOG on :
Same stuff they've "had" for over a year and a half, Holdem. See Gleesons report, Jan 05. Drop in the bucket. lmao Pump harder!!
Posted by Hold-em-er-fold-em on :
wrong again! Read the PR!!
The Company has received a record of 17 workovers and recompletions of marginal wells from June 1st to June 14th 2006.
Posted by Hold-em-er-fold-em on :
Ask at .08! Keep posting Oildick it's going up!
Posted by lostone on :
that's 204 to 646 barrels a day estimated.. for now.. and they got more wells coming online
Posted by OILDOG on :
"announces record in its well servicing unit. The Company has received a record of 17 workovers and recompletions of marginal wells from June 1st to June 14th 2006."
"its well servicing unit". Thats Daniels Well Services,isnt it? They got 17 workover jobs? What has that got to do with increasing PILGRIM's production,such as it is? Better read it agin,holdem.lol
Posted by Hold-em-er-fold-em on :
Simply because you said they had not found any oil jack!
Seems they are producing! LMAO get real!
Posted by buckstalker on :
Oildog...your posts are getting pretty old and boring here...You evidently don't like PGPM...so...what are you playing?
Posted by OILDOG on :
They havent FOUND any oil holdem. They just bought some depleted leases with plugged wells which is estimated to have around 567,000 bbls,total. They may recover that much over how long? 10-20-30 years. Slow going with stripper wells. NO drilling, NO exploration, buying a workover company to WORKOVER stripper wells. Simple!
Posted by lostone on :
bid is now .07
Posted by Hold-em-er-fold-em on :
quote:Originally posted by buck*******: Oildog...your posts are getting pretty old and boring here...You evidently don't like PGPM...so...what are you playing?
Obvious what he is playing!
He is the most obvious basher on Allstocks LOL!
90 percent of his posts are on PGPM!
Posted by OILDOG on :
I'm showing .065 bid .8 ask. Awesome spread. MMs are trying desparately to control the "run".lmao
Posted by Hold-em-er-fold-em on :
By the way Oildog where is your brother Repo LOL?
Posted by Hold-em-er-fold-em on :
quote:Originally posted by OILDOG: I'm showing .065 bid .8 ask. Awesome spread. MMs are trying desparately to control the "run".lmao
Ya aweful! where only up 27 percent already! LOL
Posted by buckstalker on :
I hear that Hold-em... Just wondered if he had any good picks...and if he actually did anything here besides bashing PGPM.
quote:Originally posted by Hold-em-er-fold-em:
quote:Originally posted by buck*******: Oildog...your posts are getting pretty old and boring here...You evidently don't like PGPM...so...what are you playing?
Obvious what he is playing!
He is the most obvious basher on Allstocks LOL!
90 percent of his posts are on PGPM!
Posted by Hold-em-er-fold-em on :
quote:Originally posted by OILDOG: I'm showing .065 bid .8 ask. Awesome spread. MMs are trying desparately to control the "run".lmao
Someone else voted for you this morning Oildog!
LMAO! Back to 1 star!! HeHe
Posted by OILDOG on :
HeHe. lmao. I might just do what YOU did about neg votes, holdem. Take the rating off. nnnaaa. I leave it on for laffs. All its good for. Posted by Hold-em-er-fold-em on :
Also,
Stripper well: Defined as a well that prodices 2.5 BOD. I dont think these classify as stripper wells. LOL
But, if they are stripper wells! Stripper wells account for 15% of US daily production!
Significant?
Posted by OILDOG on :
Issued on: April 27, 2005 DOE-backed Consortium Delivers Six New "Stripper Well" Technologies
Technologies Hold Promise to Boost Domestic Oil and Gas Production Washington, DC — Joint ventures in technology development by government and industry have delivered six new deployment-ready applications in four years to extend the useful life of more than 650,000 stripper wells that deliver almost 15 percent of America's domestic oil production and almost eight percent of natural gas production, a Department of Energy review has determined.
The technologies were developed by the Stripper Well Consortium, an industry-directed group whose research, development and demonstration efforts are co-funded by the Department of Energy through the National Energy Technology Laboratory’s Strategic Center for Natural Gas and Oil. The six new technologies that have been commercialized, or are near commercialization, generally serve the purposes of increasing production, raising efficiencies or lowering costs. The Consortium has been active in bringing along more than 55 additional technologies, some of which are approaching commercial readiness.
The United States has 393,000 oil stripper wells and 260,000 natural gas stripper wells, and they are typically operated by small, independent companies in fields that are long past their peaks. The definition applies to oil wells delivering no more than 10 barrels per day and gas wells delivering no more than 60,000 cubic feet per day.
But without the stripper wells' aggregate production, the United States would have to import an additional 860,000 barrels of oil a day (an increase of seven percent), and 1.5 trillion cubic feet of natural gas (an increase of 38 percent).
Life extension technologies will reduce plugging and abandonment rates and sustain the stripper wells' contribution to U.S. energy supply and security. In 2002 alone, more than 3,800 gas wells and 14,000 oil wells were abandoned, even though most were still producing. Once stripper wells are plugged and abandoned, the costs to re-access the reserves are prohibitive, and the energy resources may be lost forever.
"The definition applies to oil wells delivering no more than 10 barrels per day and gas wells delivering no more than 60,000 cubic feet per day."
Posted by OILDOG on :
quote:Originally posted by Hold-em-er-fold-em: Also,
Stripper well: Defined as a well that prodices 2.5 BOD. I dont think these classify as stripper wells. LOL
But, if they are stripper wells! Stripper wells account for 15% of US daily production!
Significant?
Well,yer half right!!
Posted by Hold-em-er-fold-em on :
quote!
"Stripper wells account for approximately 15% of the oil and 7% of the gas produced in the U. S"
So, if they are producing 12 - 38 BOD, then it's not a stripper well? Correct? LMAO
Posted by OILDOG on :
Veerrryyy good holdem. Yer learning!! Good for you. Posted by OILDOG on :
The wells I found on the RR commission database were in that range PER MONTH. Given their zeal in inflating numbers (900 million reserves, $33 share price,ect.)all of which were bogus,I think I'd wait and see actual production numbers on Texas RR commission data. Their trying to keep pps pumped up as they dump. JMHO (there,Im humble)
Posted by Hold-em-er-fold-em on :
Who's dumping? and where is your proof of that?
Another one of you VALUED opinions?
Looks like alot of buys this AM! Maybe they are trying to trick us into buying! Dang it! LOL
Posted by OILDOG on :
The float has already increased by 45 million shares. Probably more than that by now. As for who's dumping, Pinedo and American Crapital Investments. Their financials state they had gross profit of $57,538 for 2005. Started this year with $40,271. Where do YOU think they got the shekels to buy Daniels Well service and hire Basic to workover some wells? I figure conservatively the scam brought in at least $4.5 million.
Posted by CMoney on :
quote:Originally posted by Hold-em-er-fold-em: quote!
"Stripper wells account for approximately 15% of the oil and 7% of the gas produced in the U. S"
So, if they are producing 12 - 38 BOD, then it's not a stripper well? Correct? LMAO
Its interesting that in their report about production the min. amount (12) is just over the max amount (10) to be classified as a stripper well. Could they have fudged a lil on the numbers
C$
Posted by Hold-em-er-fold-em on :
NO,
You misunderstood my question Oilwiener! I said show me proof that they are dumping!!!
Not your bashing opinion again!
0 debt!! producing oil 12 - 38 BOD would bring in some revenue alone. Or cant you calculate that?
Posted by OILDOG on :
Just a little common sense, holdem. Their financials show they had almost NO money. BS PR, pps runs UP. You mean you'd just sit there and smile and giggle at the price increase and NOT sell. Monet said recently float was 122 mil, up from around 80 mil or so. Also,the PR firm can sell 3 mil shares every 90 days. (No debt? What is THAT?)Where did they raise the money? Loans? But of course,jmho (humble agin)
Posted by Hold-em-er-fold-em on :
More useless info Oilgeniuss!
These are your opinions again, as all of your posts are.
I know your a seasoned PIPE layer, and an OIL expert, but that doesnt seem to matter here to anyone.
How many pinks have NO DEBT OILDOG?
If you have traded at all you would know that most pinks have more debt than the company is worth.
None of your remarks about why thay are debt free can have any substance to the fact that haveing ZERO-DEBT is awesome for a small company!
Posted by OILDOG on :
That's true holdem. But then they have almost no income either. They bought their lease with moola from previous "peaks". But,convertible debentures & warrants, in the hands of their "promo" partners,IS debt,is it not? We dont know any facts about that,except it exists. Eddie Monet,by the way,is VP of American Capital Investments, NOT an IR "employee" of Pilgrim. I'd just like to know more before I invest my hard earned money,would'nt your?
Posted by zigster on :
please oildog i come to this board to read opinions on the stocks i own what your doing is neither helpful or informative it is obvious that holdem and yourself are engaged in a dumb petty argument which has lasted weeks he wont agree to you no matter what you say and vice versa so acknoledge your diffrences and move on already!!!
Posted by OILDOG on :
ziggy,holdem and I are friends!! I post dd and info from their financials and other sources, he post insults and "disagrees". Have'nt you read the thread? Start about pg 48 I believe. Read it, then come back and discuss/debate facts. If all you want to hear are woohooos and "Go PGPM", pumping,well,you'll learn newb. wwwwooooofffff!
Posted by Sigma on :
Come on now, "No Debt" is misleading at best.
The company has no cash funds yet has leases (or partials) on tens of thousands of acres. Where do you think they're getting the money from?
"Debt" means that at least there's some major financial institution that has at least a modicum of faith in the company to earn money to pay back the note.
"No Debt" means that the company is paying their liabilities with massive quantities of stocks and warrants, probably because they can't get the financial backing otherwise because banks want nothing to do with them.
I'd rather own stock in a company with debt than a company without debt that's spending huge amounts of money. Because somehow that company is raising the cash to support their spending habits. And regular debt the company pays. But convertible debentures you, as a stockholder, pay for, because whenever the price runs up those people holding on to massive amounts of shares as "payment for services/goods rendered" sell and drive the price down. It's basically just a slightly different method of dilution.
Posted by OILDOG on :
Good point,Sigma.Theres a good article on TheStreet dot ... that describes PIPEs and debentures,death spiral they call it.Cornell Crapital is mentioned as one of the biggies. Most of these xyz Crapital Investments engage in that kind of thing,just another form of dilution, as you say. The money HAD to come from somewhere. We KNOW where the money they have NOW came from. IMHO of course.
Posted by buckstalker on :
Blah...blah...blah... IMHO of course.
Posted by js49886 on :
Rumor has it, PR monday possibly about barnett shale
Posted by Hold-em-er-fold-em on :
Take it for what it's worth!
Here is the response I got from Rafael.
Me
On the Barnett deal, I just waiting to have a better value on the stock, since is a restricted stock acquisition. I will be releasing a good PR on Monday.
Regards
Rafael Pinedo
----- Original Message ----- From: me To: "rpinedo*bpetroleum.com" Subject: PR Release Date: Fri, 16 Jun 2006 05:47:55 -0700 (PDT)
Posted by zigster on :
hopefully soon we'll be on the .11 and over board what do think?
Posted by lostone on :
had to dump my last shares on friday.. it's a shame.. i thought i could catch a ride up with a PR release on XLPI .. but stayed the same.. what a bad move.. sold mine for .057 too.. damn shame
Posted by js49886 on :
sounds like my luck
Posted by zigster on :
it seems to me that pgpm has lost their entire fan base im feeling very lonely please someone say something to lift up my spirits pgpm is just brutal to follow with all the lies and deception coming out of them each week but id rather take the pain because i know the second i sell this thing will shoot up its just the way these things go trust me
Posted by Egg Inspector on :
got out * .65 and lucky too.
hang in zig...I am keeping 1 eye on it...it may surprise all of us
Posted by Jlizard on :
you mean .065? .65 would be awesome
Posted by OILDOG on :
hmmmm. big day, PR today? If Barnett Shale, I would like to know:
WHERE, exactly,are the leases (NOT just Wise Co.) located, and the names of the leases. What is Pilgrims working interest. WHO did they get them from and who is majority owner. Verifiable production data(names of leases and wells,again) These are simple info "real" companies make available. wwwooooffff! And pleeeezzzzzz, no more pps "calculations" Raf!!!!
Posted by TruthLiesWithin on :
I want to see pics of PGPM employees covered in oil.
We do have oil right:)
Posted by OILDOG on :
Depends on the employee and "type" of oil Posted by Jo4321 on :
Pilgrim Petroleum Announces Close of Private Placement Business Wire - June 19, 2006 11:41
IRVING, Texas, Jun 19, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today that the company has agreed to sell 11 million shares of its common stock to Energy Source Private Equities Fund from Toronto, Canada and TJ Management Group with offices in Texas, New York, California, at an average 10 cents per share for a total of $500,000. Both companies are Institutional Investors on the Energy sector, which is a positive opportunity for Pilgrim Petroleum to qualify additional large Investment Institutions once it begins fully reporting.
Rafael Pinedo, Pilgrim Petroleum President and CEO said, "Great value and confidence bring Institutional Investors to any public corporation, we are pleased to have these groups on board."
About Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com
Copyright Business Wire 2006
Posted by indef on :
math problems? 11000000 x 0.1 = 1100000
Posted by OILDOG on :
Yeh,lmao. Pinedo's calculator gave up the ghost and he's using his fingers. lmao That works out to a nichel a share,still pretty speculative at that.
Posted by Hold-em-er-fold-em on :
WOW, Hey OIlDOG! Why would an investment company[s] buy 11 million shares of a company that is running a scam? Maybe you can enlighten us as to why that transaction would take place! I'm sure you know more than they do about this company.
Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today that the company has agreed to sell 11 million shares of its common stock to Energy Source Private Equities Fund from Toronto, Canada and TJ Management Group with offices in Texas, New York, California, at an average 10 cents per share for a total of $500,000.
Posted by madOIL on :
the math in the PR is wrong check for your self!!!! $500,000/.10 per share = 5,000,000 shares so did they get 6 million free? math doesn't add up just like most of the PRs they have released something just seems fishy here!!!!
Posted by Hold-em-er-fold-em on :
Read the PR !
11 Million share at an AVERAGE of .10 per share. COMMON STOCK!
Posted by madmoney on :
quote:Originally posted by Hold-em-er-fold-em: Read the PR !
11 Million share at an AVERAGE of .10 per share. COMMON STOCK!
yes READ the PR! for a total of about 500,000$ thats .045 a share!
Posted by OILDOG on :
Hold-ems had trouble with his math since his MLON,CMKX and QBID days, he still thinks 2 and 2 equals 3. lmao. Two more crapital investment companies doesnt impress me. Just tells me Warrior Capital & American Capital see the string running out or their sucking in new...suckers. JMHO TJ Management sounds familiar,I'll check it out.
Posted by Hold-em-er-fold-em on :
Lets see,
Could the 11 Million shares been sold at different denomonations?
Please oildog! Do you think they will divulge the entire transaction for your eyes? Your not that important! LMAO
Posted by OILDOG on :
quote:Originally posted by Hold-em-er-fold-em: Lets see,
Could the 11 Million shares been sold at different denomonations?
Please oildog! Do you think they will divulge the entire transaction for your eyes? Your not that important! LMAO
Uh..say....what??? Different denominations???? The PR says AVERAGE .10 per share,which it is NOT! Did Pinedo give you his old calculator Hold-em??ROFLMAO Hold-em, keep spinning, you'll find a way to get "3"!!!!LMAO You just may equal yer performance on MLON...here!!!
Posted by Hold-em-er-fold-em on :
When did I ever buy MLON?
DO you know something I dont?
And the PR said AVERAGE! Do you know the details of the transaction? I don't
You are working hard at it today OILDOG! Must be the shorts your working for cant bring it down enough . LMAO Did you get your check yet? LOL
Posted by madmoney on :
will they buy these shares on the open market?, is it a private placement?, will they buy them a million at a time over the next 11 months?, maybe the " .10 " figure used was the 30 day average price? and the 500K$ figure based on the current price trend?, who knows!, these PR`s always seem lacking!
Posted by toad wallstreet on :
your right oildog, this thing had its run, nowhere to go but down now. This thing has scam written all over it!
Posted by OILDOG on :
madmoney,basically they are getting a $500,000 loan with shares.They have 4 "toxic financing" companies involved now. Is he that smart? Have 4 so "one" cant send them into a death spiral? I think not.On the other hand, you wouldnt believe the "networking" I've uncovered over the past months tracking Pino and his "mentors",Vilnis Laurins & Nicholais Botha.They'll "trade" stock or supposed money between seemingly unrelated companies.
Posted by buckstalker on :
Pilgrim Petroleum Announces Commencement of Program to Re-enter, Rework 23 Wells on Meldon White Property Jun 22, 2006 10:55:00 AM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--June 22, 2006--
Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today the commencement of a program to re-enter and rework 23 wells previously shut in on its Meldon White property, located in Archer County, Texas. These wells, originally drilled by Tillman Oil Company will be re-opened to add to the production of approximately 1800 barrels per month from the wells on this lease that have been previously drilled. The company hopes to reestablish production at the rate of 5 wells per month and anticipates production of 4 to 7 barrels of oil per day from each well. This would add at least 250 barrels per day when the project is completed, or 7500 barrels per month. However this figure will not include new wells to be drilled in the same area.
About Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Eddie Monet 619-864-0166 www.apetroleum.com Posted by OILDOG on :
Uh, this lease in Archer County has...what? 1800 bbls per month? If I remember correctly, they've produced no oil from leases in Archer county in over a year or more. ????? Whose are they talking about now? Boy, they seem to be rolling in dough now,dont they.heh But, I'll check out the Meldon White production fer ya, since nobody else will. See how much their 20% will bring in.
Posted by Hold-em-er-fold-em on :
An earlier release!
Pilgrim Petroleum Announces Contract With Basic Energy Services Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce an exclusive contract with Basic Energy Services (NYSE:BAS). Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.
Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.
Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "We are looking forward to working with Basic Services; they bring a solid reputation for quality service with good people and equipment."
Posted by js49886 on :
Where is that info from, Or how did you get it?
Posted by OILDOG on :
Don't know where they get the "to add to the production of approximately 1800 barrels per month from the wells on this lease that have been previously drilled." Unless he talking about the field their in, THEY sure don't have 1800 bbls per month!! Heres the production data for the past 16 months for their leases. The Lily Hooks is the only one producing anything, 470 bbls since Jan '05. And they have a 20% working interest at that! The guy sure struts & gobbles doesnt he!
View by: Monthly Totals
Annual Totals
County
Field
Lease
District
Operator Name: AMERICAN PETROLEUM CORP., Operator No: 018909 District 09 Monthly Totals, Jan 2005 - May 2006 Date Oil (BBL) Casinghead (MCF) GW Gas (MCF) Condensate (BBL) Jan 2005 9 0 0 0 Feb 2005 0 0 0 0 Mar 2005 59 0 0 0 Apr 2005 30 0 0 0 May 2005 27 0 0 0 Jun 2005 0 0 0 0 Jul 2005 0 0 0 0 Aug 2005 0 0 0 0 Sep 2005 0 0 0 0 Oct 2005 26 0 0 0 Nov 2005 48 0 0 0 Dec 2005 53 0 0 0 Jan 2006 20 0 0 0 Feb 2006 138 0 0 0 Mar 2006 40 0 0 0 Apr 2006 20 0 0 0 May 2006 0 0 0 0 Total 470 0 0 0
View by: Monthly Totals
Annual Totals
County
Field
Lease
District
Operator Name: AMERICAN PETROLEUM CORP., Operator No: 018909 District 09 Lease, Jan 2005 - May 2006
Lease name Lease No. District No. Well No. Oil (BBL) Casinghead (MCF) GW Gas (MCF) Condensate (BBL) CITY NATIONAL BANK 18191 09 0 0 0 0 CLIMAX 00525 09 0 0 0 0 COWAN & MCKINNEY 20057 09 0 0 0 0 COWAN-MCKINNEY "C" 18323 09 0 0 0 0 DOUGLAS MINERAL TRUST 13962 09 0 0 0 0 HOOKS, LILLY 05716 09 467 0 0 0 LOCHRIDGE 05239 09 3 0 0 0 MORGAN, F. D. 13076 09 0 0 0 0 MORGAN, F. D., TRACT 2 14249 09 0 0 0 0 WHITE, MELDON L. 00697 09 0 0 0 0 WHITE, MELDON L. (SHALLOW) 21272 09 0 0 0 0 Total 470 0 0 0
American Petroleum is their subsidiary that is licensed and bonded in the state of Texas and operates their leases. Hmmm. Apparently doesnt like the format of the table. Well, the lease names and RR commission numbers are there if you want to check yerself. Meldon lease has'nt produced anything. Don't have a clue where they get the 1800 bbls per month figure, thin air?
Posted by buckstalker on :
Oildog...you evidently believe that PGPM is lying in their PR's...Isn't that against the law? You claim to be here to EXPOSE the company for what they really are...then why don't you file a complaint with the SEC instead of posting your beliefs on this message board?
Posted by Hold-em-er-fold-em on :
Because he's saving us all from sure finacial ruin. LMAO " SAVE ME OILOG, SAVE ME!!!!!
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 27, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, is pleased to announce that Jeffrey Fanning has joined the Company as Vice-President of Operations and been appointed to the Board of Directors. Mr. Fanning is an expert on field services; he worked as an operations manager for American BNP Resources LLC and General Energy Corporation, and for the past 15 years has been self-employed as a consultant.
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded independent oil and gas company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS PERSONNEL SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com Posted by Hold-em-er-fold-em on :
siness Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--June 28, 2006-- Pilgrim Petroleum Corporation (PINK SHEETS: PGPM), an independent oil and gas company, announced today the implementation of a well reactivation program on 10 previously shut in wells located in Archer County, Texas, on City National Bank Property. This lease has a historical accumulative oil production of 55,733 BBL and will contribute to the White Meldon Lease re-works and the well reactivation previously announced. The company estimates that daily production will be 4-5 barrels per well, adding at least 50 barrels per day when the rehabilitation plan is completed, or 1,500 barrels per month. This Reactivation Program is expected to boost the company's production levels and is led by a rigorous implementation plan to re-activate the remaining properties. Pilgrim Petroleum also began its expansion program, which will focus on other profitable ventures currently in negotiation.
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded independent oil and gas company (PINK SHEETS: PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers, preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com Posted by js49886 on :
Pilgrim Petroleum Announces Reactivation Program on City National Bank Property Wednesday June 28, 7:00 am ET
IRVING, Texas--(BUSINESS WIRE)--June 28, 2006--Pilgrim Petroleum Corporation (PINK SHEETS: PGPM - News), an independent oil and gas company, announced today the implementation of a well reactivation program on 10 previously shut in wells located in Archer County, Texas, on City National Bank Property. This lease has a historical accumulative oil production of 55,733 BBL and will contribute to the White Meldon Lease re-works and the well reactivation previously announced. The company estimates that daily production will be 4-5 barrels per well, adding at least 50 barrels per day when the rehabilitation plan is completed, or 1,500 barrels per month.
This Reactivation Program is expected to boost the company's production levels and is led by a rigorous implementation plan to re-activate the remaining properties. Pilgrim Petroleum also began its expansion program, which will focus on other profitable ventures currently in negotiation.
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded independent oil and gas company (PINK SHEETS: PGPM - News). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers, preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Contact:
Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com
Source: Pilgrim Petroleum Corporation
Posted by Hold-em-er-fold-em on :
----
Posted by Hold-em-er-fold-em on :
Substantial news to be released during the week of July 11! Is the rumor this week!
I would imagine this would be the completion of the Gustavson report with reserve information.
Posted by Hold-em-er-fold-em on :
From another board!
Will go higher than .14 if it ever gets going again. I talked to Eddie today, dont know why, I just got bored but anyways. Pilgrim is preparing additional well projects while they wait for the final Gustavson report. I even mentioned Dividends and he said it has been brought up. It isnt as crazy as it sounds. Remember there are only 10 employees and they have very little debt. They have already surpassed last years revenues and expect to 10 fold them by December. If and when they do they are considering a very small dividend like .002. or .003 to pay back investors that have stuck with them. They are on track to bring in 8 million in revenues this year and there employees all have alot of shares so dividends would benefit everyone in the short term. It will bring in more investors which increases the stock vaule and there personal portfolios and makes the company a value. If they aquire an additional 7,000 acres then we can assume 15-20 million next year. They are also leasing an old pipeline right now that they are using to transport teh oil as well as a Transportation comp. out of San Antonio to go and pick up oil that is being stockpiled at other wells. It may all work out
Posted by js49886 on :
Closed up on no news. Might be turning around... we'll see
Posted by ArmySGT on :
why do people hope this thing will go somewhere else but for broke? How long before Monet and crew will take the money and create another company??
Posted by A.J. on :
This stock performed disgustingly!! Need to EMAIL Pinedo * rpinedo*bpetroleum.com and let him know we have him figured out. He goes on all stations - PUMPS BIG TIME - tells everyone how out of debt they are and what effective, inexpensive, and effeicient means they have to get this oil out of capped wells. THEN- BOOM - IN TWO WEEKS THE STOCK GETS TRAMPLED TO LESS THAN HALF IT'S WORTH.! What an unadulterated CROOK! SIC 'IM!!
Posted by ArmySGT on :
i wonder if he is buying half of his own stocks
Posted by A.J. on :
Possibly and Probably! - The greatest thing that could happen with this is that the big oil Co's would buy them out with success. That would be great for all concerned!
Posted by T e x on :
quote:Originally posted by A.J.: Possibly and Probably! - The greatest thing that could happen with this is that the big oil Co's would buy them out with success. That would be great for all concerned!
but why?
what's *there* to buy?
Posted by A.J. on :
What's there to buy - The Big Oil Co.'s have discarded the capped wells of old. PGPM has gone in and picked these back up since new devices have come out that reveal exactly what is left in those old wells that the Big guys capped and mived on [NOT KNOWING].Plis, since they have already been drilled - thattime in labor and expense is removed and PGPM can work efficiently to remove the leftovers which can be very profitable. The big guys could take on a Co. as such as a subsidiary [more profit a less expense to them].
What I do not like is that Pinedo & Co. told us all this magnificent hype on web-video, in press releases and then Suddenly the stock is 1/3 of what it was inside of two weeks. Then a press release comes out saying they hired this expensive Co. to check this out.
I'm not too sure about his 'INTENTIONS' and his kind, honest demeanor now is looking fraudulent in my eyes. They should be well on the way to profits since I picked this monkey up and it has degenerated andd looks worse by day and I would never buy more - JUST BECAUSE OF HOW HE HANDLED IT.!!
Sirius Satellite did the same to it's investors and I wouldn't buy that garbage nor could you even give it to me BRCAUSE OF THE LACK OF INTEGRITY AND HONESTY in the way they PUMPED AND DUMPED. Lots to learn about these DOGS and how they do people that are good and believing.!
Posted by Hold-em-er-fold-em on :
Volume rolling in!
Watch for the pr between now and the beginning of next week!
Posted by js49886 on :
yep. 11th they will be filling with the SEC for OTC BB, get off the pink sheets. They need a nearly complete Gustavson report to do that(auditing), so that means its nearly done(only add value). Expecting a good PR maybe late monday or tuesday.
Also, heard a rumor they leased a pipeline with the $$$$ from that private placement sale.
Gearing up to be an interesting next 2 weeks. Glad a pick up a tiny bit cheap. Seems like we'll only get good news at them moment & the only place this will go is up? I guess we'll see what comes down the road. Hope i made the right moves.
I'm glad something they are doing is getting attention. this stocks need to start edging upward soon!
Posted by js49886 on :
soon very well may be this week. hope for the best.
Posted by A.J. on :
One sm correction:
The saying goes: " The L_O_V_E of money is the root of all evil" Lucky
Posted by js49886 on :
Im just quoting Pink Flyod. hehe
Posted by RCAnalyst2007 on :
watch SVMI.. it's ready to double.
Posted by buckstalker on :
Watch CLBE...it's ready to double
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--July 11, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, is pleased to announce an update in operations. Maintaining its debt free status, Pilgrim tripled production from last quarter. On July 18, 2006, Pilgrim Petroleum will deliver our financial statements, geology report, and the next steps in our filings with SEC to become a full reporting company. At the end of the week we will have a full descriptive mid-year report. Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "Our financial performance for the quarter well exceeded our expectations and our previous guidance, and we look forward to maintaining our growth for some time while sustaining significant profitability."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production. Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com Posted by sportsguy on :
I hope PGPM is ready to double, I need to break even!
Posted by js49886 on :
up 10% last 10 minutes
Posted by Disnat74 on :
We might be in for a good suprise July 18 Posted by Hold-em-er-fold-em on :
Nice buying pressure this am!
People loading up for the news this week! Posted by Hold-em-er-fold-em on :
rsi at 48 and turning up! BB are nice and tight and ready for a new trend !
This chart is awesome!
Posted by Hold-em-er-fold-em on :
WOW! A 200k buy at .06
Someone is loading up!
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--July 12, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, predicts record growth above expectations for second quarter 2006. Results for the quarter along with some great news will be disclosed next week. Much of the Company's performance was generated from our field services unit along with the acquisitions of the last two months. Pilgrim Petroleum earned continuing revenue streams from reactivation of inactive wells and will be focused during the third and fourth quarter of 2006 to increase production with different recovery process along with new drilling activities. According to Rafael Pinedo, President and CEO, "We have made significant operational progress moving the Company from an organization and acquisition stage to a point where our primary focus is now exploration, production and distribution. The time has come to realign our value share base. Turning to the future, I firmly believe that Pilgrim Petroleum has the strategy, technology, people and now the capital structure in place to deliver short-term shareholder value."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production. Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation, Irving Eddie Monet: 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com Posted by Hold-em-er-fold-em on :
Here she goes!! Posted by js49886 on :
We're coming back Vol. 5mil at 12pm up 45%
Up back most of the $ I lost.
Next week should be interesting
Posted by PCola77 on :
Way to jinx it.
Just lost 23 of the 45%
quote:Originally posted by js49886: We're coming back up 45%
Posted by Disnat74 on :
IMO this will keep moving up till July 18.
Posted by js49886 on :
Yep, I agree.
Posted by Disnat74 on :
Chart is primed, good news is coming, price of oil going up, .15 to .20 cents is a big possibility IMO.
Posted by js49886 on :
Nice close.
Anyone see what the ask was before the closing bell? I missed it, but its .085 now.
Posted by Disnat74 on :
Looking good. Think this will gap in the AM ?
Posted by buckstalker on :
quote:Originally posted by js49886: Nice close.
Anyone see what the ask was before the closing bell? I missed it, but its .085 now.
Ask was .08 at the bell...
Posted by TruthLiesWithin on :
Too funny!
I'll hold, but that PR is nonsense, if not forward looking.
All I know is they better not screw up with this "great news" because they will kill themselves if they do.
Posted by Hold-em-er-fold-em on :
printing .09's
Posted by Hold-em-er-fold-em on :
There is some unverified rumors that here is a changing of the guards coming at Pilgrim.
Posted by buckstalker on :
Buyout rumors???
Posted by Hold-em-er-fold-em on :
A few of those!
But I heard from a buddy that Pinedo may not be at the helm of the ship anymore! Not sure if it's true , but that may a great move for Pilgrim!
Posted by Hold-em-er-fold-em on :
Another board is spouting buyout rumors from overseas. I would assume china or India if it were possible.
Posted by buckstalker on :
Gotcha...
Posted by OILDOG on :
Palace coup? Thats sad if true. I'll miss ol' Raf. Did'nt seem to know squat about oil business but, great fun anyway. Question then would be, just WHO is actually behind this ....really?
Posted by Lionking on :
This will for sure going to be crash down like last time.
Posted by indef on :
quote:Originally posted by Lionking: This will for sure going to be crash down like last time.
??? You are assuming or knowing the context of the PR? elaborate please...
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Lionking: This will for sure going to be crash down like last time.
Hakuna Matata!
You are free top return to the Jungle Simba!
Posted by Hold-em-er-fold-em on :
From another board
Just got confirmation from Rpinedo that a share buyback plan is now being discussed among the administration. No date or details though, sorry. Couldnt get any info on the great news either, he mentioned two wells that have been very productive and that they are going to start drilling around them to se if they can find some oil, he also said that his goal was a short term increase in the PPS and I couldnt figure out why. Usually CEOs and Directors only care about the long term becasue there shares are restricted and they plan on working there for a while. I wonder wonder why, oh why it is so important to get the PPS up so quickly. Hmmm, maybe a defensive measure!!!
Posted by js49886 on :
quote:Originally posted by Lionking: This will for sure going to be crash down like last time.
It crashed down last time because or panic, & misunderstanding. With this nearly complete reserve report it should show what they really have total & only add value (if there is more to add). Along with 2nd qaurter "earnings" & filing with the SEC (requires the report for auditing). I say this may keep going up.
Not saying it wont crash.. just not for the same reason it happened last time. I know I'll be watchin this *******.
I guess we'll see what happens. GLTA
Posted by OILDOG on :
Some updated production data: Operator Name: AMERICAN PETROLEUM CORP., Operator No: 018909 District 09 Lease, Jan 2006 - Jul 2006
Total 218 bbls since first of year, all from Lily Hooks lease. Their 20% is 43.6 bbls. Looks like a few leases disappeared, a couple new ones as they said in June. One of the new ones:
Lease Name: WAGGONER "AN", Lease No: 18415 Operator Name: AMERICAN PETROLEUM CORP., Operator No: 018909 District 09 Lease Production and Disposition Jan 2006 - Jul 2006
Date OIL (BBL) Casinghead(MCF) Operator Name Operator No. Field Name Field No. Production Disposition Production Disposition Jan 2006 2 0 0 0 RB ENERGY, LTD. 685771 WICHITA COUNTY REGULAR 97155001 Feb 2006 12 0 0 0 Mar 2006 18 0 0 0 Apr 2006 18 0 0 0 May 2006 NO RPT NO RPT NO RPT NO RPT Jun 2006 NO RPT NO RPT NO RPT NO RPT AMERICAN PETROLEUM CORP. 018909 Jul 2006 NO RPT NO RPT NO RPT NO RPT Total 50 0 0 0
50 bbls this year. None and no reports in May, or June (when Pilgrim acquired it), or so far in July. Each well has a lease number with Texas RR Commission,and production usually posted by 5th day each month.
Posted by Hold-em-er-fold-em on :
looking good this morning !! Printing hard .094's
1 MM left to .10
Posted by Hold-em-er-fold-em on :
.094 x .095 tightening!!
Posted by Hold-em-er-fold-em on :
pringting .10's
Posted by js49886 on :
nice support at .09
Posted by js49886 on :
250k * .09 5 min ago. Bid is .085, ask had just moved to.095. Might have moved up because of the huge buy but I didnt see it happen.
Posted by TruthLiesWithin on :
Buyout?
Share price increase...
Surprised no one mentioned Microsoft or Aol in these sentences...
Share price increase,,,means reverse split, making this attractive to whomever is buying this out...
Personally, I rather see it sit here.
Posted by Hold-em-er-fold-em on :
Big buys rolling in this AM! Posted by simpleman on :
This is not looking to good for great news coming out on 18th
Posted by vettes76 on :
100,000 shares from me. Not as much as I wanted but it'll do. GLTA
Posted by Hold-em-er-fold-em on :
quote:Originally posted by vettes76: 100,000 shares from me. Not as much as I wanted but it'll do. GLTA
thats a nice chunk vettes !!
Posted by Hold-em-er-fold-em on :
I dont understand why people would sell before the news hits. That makes no sense, but to each their own!
Posted by simpleman on :
anyone have L2 on this
Posted by Repoman75 on :
Never will hit .20 again. That is all. Carry on with your pumping.
Posted by atleast on :
quote:Originally posted by Hold-em-er-fold-em: I dont understand why people would sell before the news hits. That makes no sense, but to each their own!
they do remember the last report with "lesson taken"...
Posted by Hold-em-er-fold-em on :
who let the fag back!
Posted by simpleman on :
what was the last report I forget
Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: NO SELLING UNTIl .50.
I'm making 40K or bust.
DEFINE PUMP!!! LMAO Posted by Hold-em-er-fold-em on :
400000 shares bought at .08 = $32000 big ones!
That was a nice buy!!!
Posted by madmoney on :
quote:Originally posted by Hold-em-er-fold-em: 400000 shares bought at .08 = $32000 big ones!
That was a nice buy!!!
I show that trade on a down tick, could have been a sell
Posted by Hold-em-er-fold-em on :
HDSN was sitting on the ask at .08 at 12:57 pm and the 400k was at 12:59:55 ! that was definately a buy!
Posted by Hold-em-er-fold-em on :
From: rpinedo*bpetroleum.com Add to Address Book Add Mobile Alert To: xxxx*yahoo.com Date: Mon, 17 Jul 2006 10:22:42 -0500 Subject: Re: PR this week?
PR will start effectively tomorrow, we just double checking everything before goes out.
Regards
Rafael Pinedo
Posted by OILDOG on :
Pinedo still in "command"? jk. I dont expect anything "real" till they get some wells online. That will take some weeks to months. They only have two wells (their two "best") that have produced any oil in years. OTC? Given their past problems with factual PR's, not a lock. But, if they do get on, they have to report everything!! Warts,boogers and all!! woooof!! Fun to watch!!
Posted by js49886 on :
Seen more 100k+ orders today than in the past 2 months
Posted by js49886 on :
WOW. Nearly 2 mil sin trades 5min after the bell * .0825 Ask was .085
Posted by R.A. on :
For a company expecting big news tomorrow, closing 11.29% in the red isn't really a good sign. Let's see what tomorrow brings, but for now, the figures are not convincing.
Posted by js49886 on :
Seems like a pullback from last weeks news. Should go back up as long as there are no suprizes tomorrow. lets see what happens. GL
Posted by A.J. on :
"The L-O-V-E of money is the root of all evil" Not Money Itself. That I-S the correct saying. Lucky
Posted by TruthLiesWithin on :
Ok, i'm waiting.
Posted by Disnat74 on :
Should be interesting. GLTA
Posted by TruthLiesWithin on :
If that e-mail is verbatim, then Rafael speaks ebonics.
He better not screw up.
Posted by simpleman on :
With most companys when the ceo says great news is expected I would not be able to sleep from excitement. This morning I'm more nervous than excited not real sure what the PR will bring.
Posted by simpleman on :
How about that PR, I thought maybe it would be out early this morning.
Posted by morrisce on :
quote:Originally posted by simpleman: How about that PR, I thought maybe it would be out early this morning.
Usually their PR's are around 10:30. At least the last few are. They are probably just rolling out of bed
Posted by Hold-em-er-fold-em on :
Nice and tight .079 x .080
MM's are ready fro this one!!
Posted by pepsiman on :
just wanted to let you know that Traderworks.com mentioned of the great news last week on the 14th. they also anounced it yesterday the 17th that it would be next week. So who knows this week next week?
Posted by Hold-em-er-fold-em on :
I'm betting on today , but like you said who knows!
I think we will see a series of PR's over the next few days starting today, with news of production. SEC filings, and more! IMO
Posted by simpleman on :
I know this is pgpm thread but has anyone noticed xsnx free fall in the last month
Posted by Jo4321 on :
yes, unfortunately.
Posted by morrisce on :
Maybe the great news is that Rafeal just got a great deal on car insurance by switching to Geico.
I must say that I stole that from the raging bull boards
Posted by Repoman75 on :
Morrisce, you're probably 100% accurate.
Posted by Hold-em-er-fold-em on :
Tight movement today! Everyones on the edge of their seat! Posted by Hold-em-er-fold-em on :
quote:Originally posted by Repoman75: Morrisce, you're probably 100% accurate.
Man I was cleaning out the horse stalls this morning at 6:00 am, and I thought I got it all.
BUT THEN REPO SHOWS UP! GUESS I MISSED A SHOVEL FULL!
Posted by Disnat74 on :
"I'm betting on today , but like you said who knows!
I think we will see a series of PR's over the next few days starting today, with news of production. SEC filings, and more! IMO "
I agree.
Posted by Hold-em-er-fold-em on :
Nice size buys rolling in!
Early afternoon PR?
MM's are sitting tight on this one!
It's wound up like a spring!
Posted by simpleman on :
thats pretty funny holdem
BUT THEN REPO SHOWS UP! GUESS I MISSED A SHOVEL FULL
Posted by simpleman on :
what happened to the thread
Posted by lalapalu on :
What happened to the news. Are we looking at tomorrow or never!!!!!
Posted by js49886 on :
Still got this whole week. They didnt specify a date in the PR. Even if Pinhead told someone else it would be Tues, things can change. They didnt formally give a date
Posted by Repoman75 on :
Name calling will not raise the PPS. Sorry folks.
Posted by simpleman on :
look at the pr on the 11th stated that news would be released on the 18th of july
Posted by morrisce on :
he's right about the PR on the 11th.
Posted by js49886 on :
Forgot about that. They mentioned "next week" in the most recent PR, thats what I was thinking.
Now rumor is PR will be out tomorrow morning before opening bell.
Closed * .08 just saw a 900k trade * .08 just after bell. Edit: checked delayed T&S and it shows 900k * .0742
[ July 18, 2006, 16:25: Message edited by: js49886 ]
Posted by TruthLiesWithin on :
Pinheado is a >>
LSOS!!!
Posted by morrisce on :
is that a lying sack of ****?
Posted by morrisce on :
Pilgrim Petroleum Corporation Announces Second Quarter Record Revenues and Growth
By BusinessWire Last Update: 7/19/2006 4:13:05 AM Data provided by
IRVING, Texas, Jul 19, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets: PGPM), is pleased to announce today it achieved a nearly 500% increase in revenues ($722,272 vs. $126,068) for the quarter ending June 2006, which amounts to over eight times the revenue from the quarter ending June 2005. Gross Revenue accounted for approximately 90% of the revenue YTD, which reflects the company's low production cost.
This year, with the current oil price structure, recent acquisitions, and its well reactivation program, Pilgrim Petroleum has leveraged its strengths and opportunities to optimize operational and financial results.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "Second Quarter Results not only achieved our financial and operational targets, but also exceeded our growth expectations. Pilgrim Petroleum is looking to further improve growth, performance and profitability. Our management team is definitely leading the company to the next level."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Posted by simpleman on :
finally, why couldnt he have done that pr yesterday and saved me from having to curse him all day and all night
Posted by TruthLiesWithin on :
So where's the good news?
Or the rest of it, this sounds like something average to me...
Posted by TruthLiesWithin on :
8 times the revenue, means 8 times the current trading price right?
Posted by morrisce on :
that would be fantastic
Posted by Hold-em-er-fold-em on :
quote:Originally posted by TruthLiesWithin: So where's the good news?
Or the rest of it, this sounds like something average to me...
Where's the good news?
500% Increase , 8 times the revenue!!
That's not good news? Are you kidding?
Posted by Repoman75 on :
.085 today! Hooray!
Posted by Tmoney on :
gapping to .10
Posted by madmoney on :
L2`s B/A .07 X .08 no gap!
Posted by js49886 on :
ask moving now
Posted by Hold-em-er-fold-em on :
HEHE!!!
Posted by Repoman75 on :
.082! Best stock since CMKX!
Posted by Batman on :
In the last PR they anounced that this week we should get two PR's, Results for the quarter along with some other great news. And we already got 1 today. So some time this week we will get a great PR it looks like.
Posted by buckstalker on :
Still holding freebies...but I wouldn't put any more into this stock until HDSN & JEFF stop selling shares for the Company...
Posted by Hold-em-er-fold-em on :
MM's are walking this down on low volume trades.
There was alot more buys this AM at higher volumes that didn't move it, so something is definately up here!
Posted by Hold-em-er-fold-em on :
Jeff is controlling this damn stock and screwing up good news! Posted by buckstalker on :
JEFF & HDSN are selling large amounts of this stock for the company IMO...been watching closely and until that BS stops this won't move... What really pisses me off is that they aren't smart enough to pace the selling and let the PPS rise...
Posted by morrisce on :
I don't understand all the buys at say like .07 and another buy with the same amount of shares at .065 at the same exact time...this has happened many times this morning... .075 to .07...
Posted by vettes76 on :
I am getting killed in this thing. This is what I get for ignoring a stop loss. Screw it I dont want it going lower for anyone so I will continue to hold my 100K shares. I wish you all the best and glad that RXPC news tomorrow will allow me to buffer this mess. Where is the bottom on this one?
Posted by buckstalker on :
A bottom in pennies...no such thing...
Posted by Hold-em-er-fold-em on :
---
Posted by ohio_trader on :
just got back in....great PR ...should move back up
Posted by js49886 on :
Seems the MMs wouldnt let this move this morning. I watched trade after trade, some large hit .085 (the ask) thos morning and it wouldnt budge any more
Posted by simpleman on :
.051 what in the hell is going on with this stock
Posted by Repoman75 on :
Dude, it sucks! Why can't you guys see that yet??
Posted by sportsguy on :
Back to .03... all right (sarcasim)
Posted by atleast on :
my small order of 20K shares at .06 didn't fill for last 30 min. no shares or what?
Posted by js49886 on :
somebody is loading boat
Posted by ohio_trader on :
this is going to move back up tmrw and friday!!!!
Posted by TruthLiesWithin on :
Like I said, WHAT GOOD NEWS...
Still holding and waiting...
How come Pinheado won't give us actual numbers of oil or whatever else that is produced by them, instead of saying revenues are up...
yeah, HOW are they up, what exactly makes it up?
That PR was just plain old stupid, and worthless, and you can't tell me i'm wrong, because look at the closing price....
I bet more than half here today bailed at the open.
Posted by js49886 on :
Those reserve numbers are supposed to be delivered this week as well. The way I understand it they need that report for SEC auditing, to get off the pinks.
Supposidly their "earnings" are up from the wells/services they accquired. who knows
Posted by Repoman75 on :
Those who bailed, real smart. Those who stayed, I'll pray for your souls (and wallets).
Posted by TruthLiesWithin on :
I don't need to bail.
I already have enough losses to claim.
If the audit gets them off the pinks, then I will give them credit... That would be a nice step.
Posted by js49886 on :
Same. Want to try to break even. pretty close
Posted by TruthLiesWithin on :
I just think it was stupid to make that earlier PR,,,claiming that the next pr is going to be great.
Why wouldn't they just say what they did the second time around,,,,,FIRST?
Posted by js49886 on :
probably trying to get people aboard/ getting people to watch it
Posted by TruthLiesWithin on :
Maybe the audit numbers will get more peoples attention.
I think that is more valuable.
Posted by lalapalu on :
$10,000,000 to extract...potential for $20,000,000 net...based on $60 barrel
I guess that sounds ok,,,,,,,
Posted by IceCold on :
Whats wrong with this one ??? Even after a PR with positvie Numbers this hasnt got even a Up-tick after that...... Instead its droping like HELL!
Posted by js49886 on :
doesnt make sense, makes ya think its the MM manipulating it (nothing else makes sense). Yesterday on opening of the good news, this damn thing hit .085 a crapload & of times & still wouldnt go higher. Then dropped, while still alot of volume coming in. Who knows
Posted by Hold-em-er-fold-em on :
Business Editors / Energy Editors
IRVING, Texas--(BUSINESS WIRE)--July 20, 2006-- Pilgrim Petroleum is pleased to announce its Mid-Year Second Quarter President's Report to shareholders and potential investors is available at www.apetroleum.com. Here are some additional achievements and highlights:
1) Continue increase on financial ratios. Nearly 500% increase in revenues.
2) We have no debt. Our obligations are solely to our stockholders.
3) Information and Updated well reactivation status and acquisitions
4) Short and Mid-term Plan: Evaluation Report, Audited Financials and Filing on a Canadian Stock Exchange
5) Infusion of more Human Capital
6) Plans to acquire working interest in attractive new prospects
7) Plans to implement drilling/exploration campaign on Pilgrim's property play at the beginning of 2007.
*T
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum Management is highly focused on high level results. We will continue to acquire properties and bring our wells on line throughout 2006, building solid foundations."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation (Pink Sheets:PGPM) is a publicly traded, independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION:
Posted by Hold-em-er-fold-em on :
Theres some funny businesss going here with these MM's.
Some of the other boards reported orders not filling [ buy orders ] and sell keep running through to drive the price down.
The MM's are accumulating IMO and will let this go when they have enough in their pockets!
Posted by vettes76 on :
GREAT NEWS!
Thanks for posting it Hold em.
Posted by js49886 on :
For ****s & giggles I put a small buy order in when it was around.051 and didnt get filled. another 160k after the bell
Posted by Cramerica on :
how do you think this will do by end of day?
Posted by vettes76 on :
Will stay up 10-15%.
Look at the PR from yesterday, great news!
Posted by js49886 on :
450k after the bell * .0491
Posted by js49886 on :
I emailed pinhead & he told me there would be news about gustavason this week.
Pilgrim Petroleum Corporation's Next Quarter Earnings Expected to Climb 25% Monday July 24, 1:20 pm ET
IRVING, Texas--(BUSINESS WIRE)--July 24, 2006--Pilgrim Petroleum Corporation announced today next quarter's outlook will continue its growing trend of at least a 25% increase. Ongoing activities related to its well re-activation program, estimation of resources, along with its process to become a fully reporting company and additional property acquisitions will let Pilgrim capitalize on its true value of operations as well as open new horizons in international markets.
Pilgrim's operations, revenues and its asset portfolio have been on a long uptrend since late January 2006 and will continuously grow through its constant review and reevaluation of its corporate strategy, opportunities of new joint ventures for diversification of operations and return optimization.
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum has reached record results in revenue for the first two quarters of this year and we are sure it will continue to outperform estimations due to Pilgrim's solid foundations and its management efforts."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation (Pink Sheets:PGPM - News) is a publicly traded, independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Contact:
Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com
Source: Pilgrim Petroleum Corporation
Posted by vettes76 on :
How do you think this will do tomorrow. We had a PR out today with great news and the stock finished in the red.
Please posts your opinions.
Posted by morrisce on :
This company has been putting out one PR after another and has yet to produce any interest. This last release doesn't say a whole lot for the company though. What's another 25% increase, that will put them up to 1,000,000 revenue, but how much of that will be profits and what the hell are they profiting from. They haven't said yet in the last 5 press releases. I've been rather disappointed with the vagueness of the releases. No one cares anymore!
Posted by TruthLiesWithin on :
complete joke.
Pinheado needs to stop the PR blitz.
Posted by A.J. on :
He's worried about getting some more money in - don't you get it?? PR's bring more cash flow! Lucky
Posted by js49886 on :
in an email he told me there would be a PR about gustavason this week.
So maybe we'll get a useful pr for once
Posted by TruthLiesWithin on :
A PR about GUS.
Yippee, can't wait to sell at .03
Posted by jp on :
Moving up a little 13%.
Posted by TruthLiesWithin on :
his cash flow is coming in the form of dilution, yeah I get it!
Posted by js49886 on :
336,520,012 -324,520,012 ____________ 12,000,000
Posted by TruthLiesWithin on :
I saw the 12,000,000 in the last report.
I have seen stranget things.
Posted by js49886 on :
???
Posted by Hold-em-er-fold-em on :
IRVING, Texas--(BUSINESS WIRE)--July 26, 2006--Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today the acquisition of approximately 15,700 total acres in Clay County near the Barnett Shale, the best play in the country. The property has history of great production on the surrounding area. Some seismic data is available with this acquisition, which will facilitate a reserve report. This acquisition is expected to close within 7-14 days. This property will be added to our asset portfolio for the Final Gustavson Report. More information is on our website www.bpetroleum.com.
Rafael Pinedo, Pilgrim Petroleum CEO-President said, "Each acquisition builds our natural energy reserve base. We will continue to acquire properties to increase our asset value. More wells will be on line throughout 2006 in order to increase our residual revenue."
About Pilgrim Petroleum Corporation.
Headquartered in Irving and Dallas, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Year Oil Gas Production (bbls) Wells Cumulative (bbls) Production (mcf) Wells Cumulative (mcf) 1995 3,742 2 113,450 - - 0 1996 3,700 2 117,150 - - 1997 2,920 2 120,070 - - 1998 3,275 2 123,345 - - 1999 2,928 3 126,273 - - 2000 2,500 3 128,773 - - 2001 2,399 3 131,172 - - 2002 2,419 3 133,591 - - 2003 2,335 3 135,926 - - 2004 2,147 3 138,073 - - 2005 2,681 4 140,754 - - 2006* 1,257 5 142,011 - - *2006 data incomplete at this time
Posted by TruthLiesWithin on :
yeah another PR, and were down.
I had higher hopes for this one. Now I know for sure that Pinheado is a lying scumbag when it comes to increasing sharholder value.
He says that is all that he has to worry about.. Well worry harder.
Posted by Hold-em-er-fold-em on :
---
Posted by js49886 on :
Slowly breaking above the support level. Last was .0525
Bid is .05, ask is .055
Posted by js49886 on :
Close at .05 rumors of a PR next few hours, or later this week.
Posted by atleast on :
where is the result of the Gustavson report?
Pilgrim Petroleum Corporation Announces New Record in Production via COMTEX
August 2, 2006
IRVING, Texas, Aug 02, 2006 (BUSINESS WIRE) --
Pilgrim Petroleum Corporation, (Pink Sheets: PGPM) announces that the company has achieved a new record in production for the month of July, an increase of over 20% from the previous month. The increase is the result of more wells in line. These figures will contribute to a new potential record on production for this quarter. Pilgrim Petroleum will be targeting new prospects with a low level of risk starting next month.
Pilgrim Petroleum Corporation Vice President of Operations Jeffrey Fanning said, "Our operational performance for the month well exceeded our expectations and our previous guidance, yet we look forward to maintaining our growth for some time as oil prices increase."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com
Copyright Business Wire 2006
Posted by js49886 on :
Pilgrim Petroleum Announces Hiring Legal and Accounting Firm in Canada
Pilgrim Petroleum Corporation (Pink Sheets: PGPM), an independent oil and gas company, is pleased to announce the Company has begun the process of interviewing Canadian qualified legal and accounting firms for its filing on the Toronto Stock Exchange Venture (TSXV), to become a fully reporting, public company. "At the same time, the company also confirmed its ongoing process for the filing of Form SB-1 with SEC to be listed on the OTCBB; however, hiring a qualified Canadian legal and accounting firm is a crucial step for Pilgrim Petroleum Corporation," stated Rafael Pinedo, Company President and CEO.
Mr. Pinedo said, "Pilgrim Petroleum Corporation is headed in the right direction to get off the Pink sheets (non-reporting status) and become more visible to institutional investors. This move will enhance our efforts to the filing process, improve timing and comply effectively with Canadian legal requirements and more presence on potential acquisitions in province Quebec and Alberta Canada."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Pilgrim Petroleum Corporation, Irving Eddie Monet, 619-864-0166 www.apetroleum.com
Source: Business Wire (August 4, 2006 - 6:45 AM EDT)
A Non BS PR that I dont mind hearing! Posted by OILDOG on :
Anyone know when Gustavson report expected? I'm getting bored.
Posted by js49886 on :
They should have closing of this latest aquisition tomorrow(that would be the 14 days), so Im guess it might be a few more days before they release news about it.
Then maybe soon after gust. will deliver the full report?
Posted by js49886 on :
Pilgrim Petroleum Announces Approval of Injection Well in Lochridge Lease
Pilgrim Petroleum Corporation (Pink Sheets: PGPM), an independent oil and gas company, is pleased to announce that the Rail Road Commission of Texas (RRC) has granted the approval of a new injection well to be placed in the Lochridge Lease, located in Wichita County, Texas. This lease has a historical accumulative oil production of 27,280 BBL and will contribute to the White Meldon and City National Bank lease re-work and well reactivation program previously announced. The company estimates that starting daily production will be 2-3 barrels per well, adding at least 36 barrels per day, or 1,080 barrels per month. Production will increase exponentially after sixty days, after the application of several different recovery techniques.
Pilgrim Petroleum Corporation Vice President of Operations, Jeffrey Fanning said, "We are aggressively continuing our Reactivation Program, leveraging on all resources available to enhance recovery and further improve Pilgrim's production levels."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.com
Source: Business Wire (August 10, 2006 - 6:30 AM EDT)
Posted by js49886 on :
Its rumored that the Gustavason report will be out this week. I wont hold my breath though.
Posted by FortheFun on :
As soon as this stock starts heading upward I will be happy! With the price of gas around here you would think that this stock would be skyrocketing!
Posted by FortheFun on :
As soon as this stock starts heading upward I will be happy! With the price of gas around here you would think that this stock would be skyrocketing!
Posted by FortheFun on :
Where is everybody!
Posted by js49886 on :
Just may be worth watching... currently .045 Expecing the gustavason report possibly this week.
August 28, 2006 - 11:04 AM EST
Pilgrim Petroleum Corporation Signs Master Operating Agreement with General Energy Corporation
Pilgrim Petroleum Corporation, an independent oil and gas company, announced today that it has entered into a master operating agreement with General Energy Corporation from Dallas, Texas. The agreement covers Pilgrim Petroleum's additional and current leases and all future properties in Wichita, Clay, Archer, Jack, Cook and Montague counties of North Texas.
General Energy will begin immediately to perform all the necessary work to assure that Pilgrim Petroleum's properties are in full compliance with the regulations of the Texas Railroad Commission and re-establish oil production on the inactive leases over the coming months. General Energy will work in conjunction with American Petroleum, Pilgrim Petroleum's current operator. General Energy Corporation is an RRC of Texas fully bonded operator.
Pilgrim Petroleum Corporation President, Rafael Pinedo, said, "We are aggressively continuing our Reactivation Program and very soon will begin a drilling program leveraging all resources available to enhance recovery and further improve Pilgrim's production."
About Pilgrim Petroleum Corporation: Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded independent oil and gas company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by re-establishing production, refurbishing and improving the existing production and operations.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
(C) 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Pilgrim Petroleum Corporation, Dallas Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com
Source: Business Wire (August 28, 2006 - 11:04 AM EST)
Posted by OILDOG on :
Still waiting for Gus's report. GEC has been operating a number of "their" leases anyway. Whats up with American Petroleum? No reported production for past 3 months.
Posted by js49886 on :
August 31, 2006 - 10:33 AM EST
Pilgrim Petroleum Announces Update in Operations
Pilgrim Petroleum Corporation, (Pink Sheets:PGPM) announces that the company has achieved a new record in production for the month of August, an increase of over 15% from the previous month with an additional eight re-activated wells in line. This constant increase in production leads Pilgrim to anticipate exponentially better results for the next coming month. Furthermore, new acquisitions talks and negotiations are in progress, while the evaluation of the company's properties is completed. Gustavson Associates informed that the report could be expected by next week, with the final and formal report expected by the week of September 11th. This delay is due to the last acquisition. Lastly, the addition of General Energy Corporation as operator, and the potential value of new exploration participation in Quebeq Canada are two additional highlights.
Pilgrim Petroleum Corporation Vice President of Operations Jeffrey Fanning said, "The Reactivation Program has undoubtedly boosted the company's production levels and we will continue to re-activate the remaining properties, while Pilgrim further grows its asset portfolio."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Pilgrim Petroleum Corporation, Dallas Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com
Source: Business Wire (August 31, 2006 - 10:33 AM EST)
Posted by OILDOG on :
Well,its "next week",one more day for the "preliminary" report. Or will that be...next week? I'm still wondering about their subsidiary, American Petroleum. Wazz up?
Posted by js49886 on :
its next week, next week, soo... maybe by christmas.
LOL. they said week of the 11th. They got next week yet. If there is any more convienient delays, I think Im gonna say screw it & sell what I have left.
Anyone have any info about those privately held shares becoming unrestricted sometime in Sept.???? Someone on here mentioned it a while ago.
Posted by js49886 on :
Check page 74 midway down the page... (search page for restrict)
Posted by OILDOG on :
Well, its last day of "week of Sept11" and no Gus. I'm wondering if its coming at all.
Posted by js49886 on :
some info on ihub about it
Posted by js49886 on :
There, on the wall. this week
Pilgrim Petroleum Announces Waggoner Lease-Update in Operations Monday September 18, 12:10 pm ET
IRVING, Texas--(BUSINESS WIRE)--Sept. 18, 2006--Pilgrim Petroleum Corporation, (Pink Sheets:PGPM - News) is pleased to announce that during the last two weeks, the company has put in line seven additional workovers in the Waggoner "AN" lease, which is currently producing approximately 18 barrels per day. Additional workovers are planned and scheduled, targeting an additional seven to eight workovers for the next two weeks.
Due to the additional work related to the company's last acquisition and scheduling issues, Gustavson Associates were unable to deliver the reserve evaluation report as it was informed. Gustavson`s staff is working to complete the report and it will be released soon on Pilgrim's website when completed sometime this week. Subsequently we will proceed with our audit and filings with TSX and SEC. We anticipate great news for this third quarter 2006.
Pilgrim Petroleum Corporation Vice President of Operations Jeffrey Fanning said, "Growth is our main goal. The company's production levels are steadily increasing, while targeting new horizons and further developments."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM - News). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Contact:
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com Posted by OILDOG on :
Have noticed other pinky oil companies using Gus. Keeping them busy I guess. Well, with 20 o/o working interest in the lease, that gives them 108 bbl/month. Better. Still, micro oil company.Cant wait to see Gus's report. Always love to read those things!! woof! Probably say what it said before, current leases/wells insignificant. They have to DRILL!!!
Posted by js49886 on :
That wont stop people who dont know from buying it, if the report is favorable
Hope we get this report by mid-week, sick of waiting.
OilDog what other COs is Gust. evaluating? just curious, havn't been fallowing to many other oil stocks cept for this one.
Posted by OILDOG on :
Well, I looked but cant find. It had offshore lease in Columbia,drilled in '50s by U.S. major. A 5 o/o working interest,and waiting on a Gust report. Believe their "home office" was in Texas. Given: 1)its difficult or impossible to verify anything overseas (red flag Russia and China) 2)its a pink,cant verify anything there. 3) should of got a report BEFORE they spent shekels on very depleted offshore "production". 4)the very high cost of offshore rigs and/or workover. I tossed it. Now I cant remember! Maybe someone here can help.
Posted by OILDOG on :
There was another I noticed,but forgot. OFD Posted by OILDOG on :
Wheres Gussy? Posted by Repoman75 on :
THIS POS IS DONE. END OF THREAD.
Posted by OILDOG on :
nnnaaaa. Not till the fat lady (Gus) sings!! woof! You shorting this one again?
By the way, gassed up at home yesterday. $1.97/gal Posted by js49886 on :
rumor is the report will be out tomorrow, but I doubt it.
Posted by OILDOG on :
Yea.Same here.
Posted by atleast on :
Friday, September 29 2006 8:51 AM, EST Pilgrim Petroleum Report on Economic and Potential Recoverable Assessment in Archer and Wichita County Interests Business Wire "US Press Releases " IRVING, Texas --(BUSINESS WIRE)-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) is pleased to announce that the final Assessment on its interests in Archer and Wichita Counties Texas, prepared by Gustavson Associates has been completed. The report has an effective date of September 15, 2006 , and evaluates Pilgrim Petroleum acreage located on the Bend Arch-Fort Worth Basin Province, Texas . Gustavson Associates was engaged by Pilgrim Petroleum Corporation to prepare the report as the due diligence basis to comply with Canadian TSX ( Toronto Stock Exchange ) requirements in addition to SEC guidelines. The report was prepared for the company using assumptions and methodology guidelines outlined in the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and in accordance with National Instrument 51-101 ("NI 51-101"). Additionally, Gustavson Associates conducted a scoping economic analysis of the Prospect using the "Best Estimate" for both an oil and gas future net revenues (before deductions of income taxes). Specifically, the report provides the following highlights: Low Estimate 996 MBbl 3.98 BCF ---------------------------------------------------------------------- Best Estimate 1,832 MBbl 7.32 BCF ---------------------------------------------------------------------- High Estimate 2,676 MBbl 10.70 BCF ---------------------------------------------------------------------- ECONOMIC EVALUATION Pilgrim also requested Gustavson Associates to complete economic runs with the estimated prospective resources and similar production profiles. This study will show estimate development schedules for Pilgrim's acreage and generate a forecast of future net revenues and discounted cash flow. The following estimates are based on the best estimate of the prospective hydrocarbon resources. The initial net prices, for the purpose of the analysis are $59.95 per barrel for the oil case and $4.97 per MCF for the gas case and include deductions for estimated future well abandonment costs. Best Estimate Net Present Value of Best Estimate Net Revenue Before Future Net Revenues (at 10% Income Tax discount rate) ----------------------------------- ---------------------------------- $102,370,000 $52,050,000 ----------------------------------- ---------------------------------- Pilgrim Petroleum President and CEO Rafael Pinedo said, "We are very pleased to have interest in such an outstanding exploration prospect with the potentially dramatic high impact upside potential of this acreage. The Gustavson report is consistent with historical estimates of the resource potential and risks for the blocks and the report clearly confirms our belief that we have in our hands a world-class exploration prospect. As we move into this next phase of commencing the exploration program, we will continue to work to advance on our re-activation program and aggressively finish our audit and become a fully reporting company." The report is available for review on the Company's website.
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas , Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production. Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation . The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein. Source: Pilgrim Petroleum Corporation
Posted by atleast on :
MMs don't fill me at ask... Anybody has the same problem or nobody still in?
Posted by js49886 on :
a lot more natural gas than expected
Posted by J_U_ICE on :
PGPM Announces Future Net Revenue and EPS Sep 29, 2006 12:57:00 PM Copyright Business Wire 2006
IRVING, Texas--(BUSINESS WIRE)--
Pilgrim Petroleum Corporation announced today the company's projected EPS (Net Earnings / Outstanding Shares) $102,370,000/358,841,164 of 0.29 based on Pilgrim's Future Net Revenues estimations. Thus, the resulting EPS multiplied by a sustainable growth rate of 25% and multiplied by the average industry P/E ratio of 14.79 (Reuters), Pilgrim's intrinsic value or estimated stock value should be worth $1.055 per share. This assessment doesn't include all of Pilgrim Petroleum properties, only those in Wichita and Archer counties. We will disclose results next quarter for the rest of our properties.
In its efforts to become a fully reporting company, Pilgrim Petroleum concluded its initial phase of acreage resource estimation and economic valuation. It will continue to value and put in line the additional properties recently added to its asset portfolio, while implementing its ongoing well re-activation program.
Pilgrim Petroleum management is focused on multiple horizons with hydrocarbon potential and is proud to communicate that the company's combined assets of marginal wells and potential resources will create additional value to its current and future shareholders.
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum is growing in a very fast pace with substantial opportunities. Management is committed to continue our process to be listed in Canada. Pilgrim Petroleum is looking forward to keeping investors informed of its progress and success in 2006."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
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Pilgrim Petroleum Corporation Irving Eddie Monet 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com Posted by J_U_ICE on :
no ones in this?
Posted by BLACKBEARD on :
that pr looks good , 1.05 pps , bout can't beat that , think i buy a few
Posted by OILDOG on :
About what I expected. Gus estimates 1.8 million barrels possible,and Pilgrim has a minor (20%) working interest. I expected more "meat" in the report,such as actually having located some targets (seismic) and perhaps maps showing them. Nope. Majority partner (I suspect GEC) has to go along, and DRILL. Could take 6 months to a year. Gus says GEC a subsidiary? Uh,they've never said THAT. Also,as expected,Pigrim puts out a "helpful" PR calculating what their shares are worth. heh. They claim the whole $102 million MAYBE oil as "future" revs (remember,they are a MINOR interest),and a multiple? For a pink? Get real! wwwoooooffffff! yea,thats the ticket. And remember,oil IN THE GROUND is worth $10/bbl, NOT $60. Agin,ya gotta DRILL. I'm satisfied,didnt expect any better!!!
Posted by tompom on :
grabbed some
Posted by atleast on :
quote:Originally posted by OILDOG: About what I expected. Gus estimates 1.8 million barrels possible,and Pilgrim has a minor (20%) working interest. I expected more "meat" in the report,such as actually having located some targets (seismic) and perhaps maps showing them. Nope. Majority partner (I suspect GEC) has to go along, and DRILL. Could take 6 months to a year. Gus says GEC a subsidiary? Uh,they've never said THAT. Also,as expected,Pigrim puts out a "helpful" PR calculating what their shares are worth. heh. They claim the whole $102 million MAYBE oil as "future" revs (remember,they are a MINOR interest),and a multiple? For a pink? Get real! wwwoooooffffff! yea,thats the ticket. And remember,oil IN THE GROUND is worth $10/bbl, NOT $60. Agin,ya gotta DRILL. I'm satisfied,didnt expect any better!!!
who cares? it's pinki, play it or leave it...
Posted by BENJAMINS on :
This company can see at least .08 on this PR.
Posted by atleast on :
!!! $450K in volume !!! !!! money flow !!!
Posted by tompom on :
sold again for 10% glta
Posted by OILDOG on :
Already have,atleast. In .04,out .06. Momo play, NOT an investment.Its a pink.Remember in May,they were "estimating" their pps at $33. lol My own estimate: $20 million(their share)about .05/share. No multiples for pinks. But,they have to FIND it and DRILL it. Simple
Posted by BENJAMINS on :
If it can get past the .065 resistance,.... it should finish with at least 0.08 today. This company may not be ready for a $1 per share yet, but they will definitely trade above 10cents soon.
Posted by superman7 on :
nice! i see an old favorite looking good again!
i am in at .06, looks great!
goodluck
Posted by hbomb on :
.063x.065
Good volume
Posted by hbomb on :
.057x.064
Posted by atleast on :
trade at 15:55:07 119 .0550 is 119 stand for 911? (backwards)
Posted by J_U_ICE on :
expected more today
Posted by js49886 on :
More people will probably pick this up over the weekend. BE nice if they have their quarterly report next week.
Posted by invester on :
They need an audit before this moves.
Posted by sportsguy on :
Nice to see this is up this morning...
Posted by BENJAMINS on :
Dont usually play pinks, but I got in this at .043, looks promising. everything bout sounds good for a run. should trade .08, before end of week.
Posted by hbomb on :
Need another good PR or this is going nowhere...
Posted by hbomb on :
Pilgrim Petroleum Announces Buy Out Monday September 18, 12:10 pm ET
IRVING, Texas--(BUSINESS WIRE)--Oct 3, 2006--Pilgrim Petroleum Corporation, (Pink Sheets:PGPM - News) is pleased to announce that Exxon/Mobile has offered to buy the company for 100 bazillion dollars.
Due to the additional work related to the company's acquisition and scheduling issues, Pilgrim's staff is working to complete the acqusition paperwork and it will be released soon via Carrier Pigeon.
A Pilgrim Petroleum spokesman said, "I plan on retiring immediately and moving to a country that has no extradition agreements with the United States."
Posted by atleast on :
quote:Originally posted by hbomb: Pilgrim Petroleum Announces Buy Out Monday September 18, 12:10 pm ET
IRVING, Texas--(BUSINESS WIRE)--Oct 3, 2006--Pilgrim Petroleum Corporation, (Pink Sheets:PGPM - News) is pleased to announce that Exxon/Mobile has offered to buy the company for 100 bazillion dollars.
Due to the additional work related to the company's acquisition and scheduling issues, Pilgrim's staff is working to complete the acqusition paperwork and it will be released soon via Carrier Pigeon.
A Pilgrim Petroleum spokesman said, "I plan on retiring immediately and moving to a country that has no extradition agreements with the United States."
Posted by Schwabie on :
quote:Originally posted by atleast:
quote:Originally posted by hbomb: Pilgrim Petroleum Announces Buy Out Monday September 18, 12:10 pm ET
IRVING, Texas--(BUSINESS WIRE)--Oct 3, 2006--Pilgrim Petroleum Corporation, (Pink Sheets:PGPM - News) is pleased to announce that Exxon/Mobile has offered to buy the company for 100 bazillion dollars.
Due to the additional work related to the company's acquisition and scheduling issues, Pilgrim's staff is working to complete the acqusition paperwork and it will be released soon via Carrier Pigeon.
A Pilgrim Petroleum spokesman said, "I plan on retiring immediately and moving to a country that has no extradition agreements with the United States."
NICE LOL
Posted by hbomb on :
quote:Originally posted by Schwabie:
quote:Originally posted by atleast:
quote:Originally posted by hbomb: Pilgrim Petroleum Announces Buy Out Monday September 18, 12:10 pm ET
IRVING, Texas--(BUSINESS WIRE)--Oct 3, 2006--Pilgrim Petroleum Corporation, (Pink Sheets:PGPM - News) is pleased to announce that Exxon/Mobile has offered to buy the company for 100 bazillion dollars.
Due to the additional work related to the company's acquisition and scheduling issues, Pilgrim's staff is working to complete the acqusition paperwork and it will be released soon via Carrier Pigeon.
A Pilgrim Petroleum spokesman said, "I plan on retiring immediately and moving to a country that has no extradition agreements with the United States."
NICE LOL
THANKS!
Posted by OILDOG on :
Seems to be a lot of bs going around today. Microsoft buying out SEVI (lol) PR from IPUMP. Something in the water??? wwwwwwooooooooof!!!!
Posted by js49886 on :
LOL
Posted by Repoman75 on :
Ok, let me try this again since my post was deleted...
This STOCK and this thread reminds me of Beirut... just a burnt out shell of what it used to be.
Posted by OILDOG on :
Yeh,but,be interesting to see what they come up with next.lol Another billion barrels,under Pinedos desk? heh. Fat lady has sung.oooowwwwwoooooooo!!!!!!
Posted by js49886 on :
not sure if the fat lady had finished the course yet.
Still have te deliver the evaluation on the 14.7K achers. Seems like that will be it. The report we saw said almost the same thing as the one releaese in may. Although more in depth, it revealed more gas. Price shot up last week on a BS Estimated PPS PR.
Posted by OILDOG on :
Yep,the "our stock is worth" PRs are a joke.Go back and look at their PRs and simple math is not their long suite.....or is it. They always try to use the whole reserve estimate for "their" leases. heh. They have a 20% interest. Income up XX% or production up XX%....compared to what? No figures.A micro micr oil company. wwoofff!! Posted by OILDOG on :
I suspected GEC was the majority partner. PGPM just the tail wagging the dog. And Pinedo sits on their board. Clearer now. wwwoooofff!!
Posted by OILDOG on :
General Energy Corporation Announces Strategic Alliance Business Wire - October 31, 2006 07:30
DALLAS, Oct 31, 2006 (BUSINESS WIRE) -- General Energy Corporation, with offices in Dallas, Texas, and Montreal, Quebec, today announces a strategic alliance with Huizhou Engineering Co. Ltd and SEWAN Limited, both of China, to develop and manufacture land and offshore workover equipment and portable trailer drilling rigs. Both of these companies have successfully acquired contracts in Southeast Asia, China and England. The alliance will be named GHS Energy, with a main office in Montreal, and will be lead by managing director Rafael Pinedo. General Energy Corporation is a direct affiliate of Pilgrim Petroleum Corporation (Pink Sheets: PGPM), lead by President and Chief Executive Officer Rafael Pinedo. Effective immediately, GHS Energy will begin marketing services in Canada and in the United States early next year.
Mr. Pinedo said, "We are very pleased to have interest in such an outstanding joint venture with great value in cost of drilling, loss of production, manpower, safety and reliability."
About General Energy Corporation
General Energy Corporation is a privately held Delaware corporation with offices in Dallas, Texas, and Montreal, Quebec. The company is an oil & gas operator and oilfield machinery servicer, including drilling and workover operations.
About Pilgrim Petroleum Corporation.
Pilgrim Petroleum (Pink Sheets:PGPM) Corporation is an independent oil and gas company based in Irving, Texas. The company acquires oil and gas leases, producing properties, mineral rights and surface interests primarily on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Ol' Raff is Managing Director. heh. I suspected that was where Pigrims "acquisitions" came from, GEC. Worn out depleted leases,so spin them off and pump them to investors. And now,China-built rigs? Why? Their stuff is crap. Low quality copies of our rigs. Even the steel is suspect. They've tried to sell them here, but,no takers. Ol' Raf was supposedly getting some rigs from China early last year. Going to start drilling wells on "his" leases. Never happened. They havent drilled well one. So,we know GEC is the majority partner, Pilgrim minority, and they obviously have no intention of drilling any targets that the Gustavson report suggested.Pinedo sits on both companies and now a new one. Interesting.What happened to the workover company he bought? Absorbed into GEC? Curiouser and curiouser.
Posted by OILDOG on :
Mr. Pinedo said, "We are very pleased to have interest in such an outstanding joint venture with great value in cost of drilling, loss of production, manpower, safety and reliability."
I love that "loss of production". Their good at that,so will help you loose yours,too!!! Posted by jp on :
Symbol Alert: PGPM
Headline: Pilgrim Petroleum Announces $1.5 Million Stock Repurchase Plan By BusinessWire 11/29/2006 7:30:12 AM
no time limit for the repurchase program, can cancel it at anytime without notice, repurchased shares may be sold again to meet finance needs of the company. = waste of a PR IMO!!
Posted by stocktrader2006 on :
lol
Posted by Repoman75 on :
quote:Originally posted by Repoman75:
This STOCK and this thread reminds me of Beirut... just a burnt out shell of what it used to be.
Let me repeat... where are those pumpers now? In the poor house I hope, turning tricks for food.
Posted by idenyu on :
GOING, GOING, GONE.............. CHARGE IT TO THE GROUND AND LET THE RAIN SETTLE IT BABY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by OILDOG on :
Looks like they are at it again!! Since when did PGPM become worth 52 million? General Energy Corp was the source of the 12,500 acres of depleted leases PGPM "acquired". PGPM only had a 20% working interest. So, is General Energy "buying" leases they already own? Or 80% of PGPMs 20%? And....what stock are they using? GEC is not a public traded company as far as I can determine. Pinedo is on the board of GEC. IMHO PGPM is the publicly traded "face" of GEC. The whole thing smells, as usual! wwwoooofffff!!!
Posted by js49886 on :
52mil came from the low est. on the gust. evaluation report. Low estimate to what it was potentially worth. & it seems like they turned it into cash.
Edit: I see, didnt read it correctly, PGPM will get $42m cash plus stock.. hmmm
The working interest stuff is unclear. PR says it's "owned" by pgpm. Maybe they purchased the land since we heard about it last.
If they get the 42mil. Thats gonna make the 1st quarter financial report look pretty damn good.
Posted by js49886 on :
"The total price equivalent for the transaction will be $41.64 million"
Current Estimated Market Cap: $10.035M
Even though some of the details are unclear. This would be great if the money does exchange hands.
Maybe pinhead wrote the PR wrong & meant GEC would be getting some of PGPMs stock in the deal.
Posted by atleast on :
6X average volume... even this POS could go
Posted by js49886 on :
more news out...... take a look at it. LMAO just wow.
Posted by OILDOG on :
Yep. It might go. But,they keep the spread large. Bid doesnt move much at all. They're more interested in selling shares, as usual. And... producing bs pr's. It's on the Frankfurt Exchange, new suckers, and can be legally shorted.
Posted by Hitman on :
Mark These Words "This One Is Headed For .12" They are finally getting the news releases put together corectly.... Mark It HERE!!!! Then I will sell and get my $$$$ Back :}
Posted by Hitman on :
Ask is now .05 Yep that's .05 Looking gr8 Posted by js49886 on :
eh, but its after close...
I'll jump for joy when the ask moves to .05 midday
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PGPM!!!!!!!!!
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