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BTSI - Oil Reserves Valued at Over $2.5 Billion USD
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[QUOTE]Originally posted by Thorn: [QB] [QUOTE]Originally posted by Pagan: [qb] Thorn... Maybe I wasn't clear. I own this stock as well. I was asking if you were holding this before the run up 10 days ago. I was curious as to why you had a position in this stock before the acquisition news. BTSI was just a shell before the recent news. Or was that just a typo on the "several weeks" statement. No need to get defensive...I think this stock has a great future and is way undervalued as well. [/qb][/QUOTE]Sorry. No, that was kt325ci who first bought into it--just before the run! He got in at .005 if you can believe that. Very nice. The stock's PR came out around 10am (I think) but didn't do a thing until Noonish. I didn't see the post until it was running at around +460%, so I said congrats and wasn't going to look at it again (I hate to buy into a run, and that was an amazing run already by then). Well, I kept an eye on it anyway, and it went up to around +1040%, then fell back down to close to what it was when I first looked. Well, I had to buy when I saw it was bottoming, after actually reading the PR (around .02, but some for a higher pps as well). I should have sold when it hit .04 the next day, but that was such a short run I didn't have a chance to sell before it had dropped back down again. If I had known it would drop to .02 and lower several times, I would have sold a long time ago and bought back in each time it went back down to that price. Now, the difference between top and bottom is so small (.02 to .024?) that I'm not sure it is worth trying to play that game. :/ Anyway, don't put too much into this--no more than you are willing to lose. You can never put too much doubt into your opinion when dealing with a pink. Did you think that the company is the only player? No, the market makers could ruin this stock or some company could tie them up in the courts. ;) [/QB][/QUOTE]
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