posted
The oil price has been high enough, long enough, and steady enough, that the revenues NCEY reports should be a lot higher based on their last one that stated $97 oil.
I would like to see a slow steady climb. KYUS was moving nickels and dimes the whole run up to over $4,,,,,,,I watched and bought in the low $1's
I am just waiting for whatever management has to offer... Secure financing, waiving of debt deadlines. Blockbuster revenues... Would be nice to hear that sort of thing...
Posts: 793 | Registered: Aug 2004
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posted
Well said Juice, and Truth...I highly agree...Volume has been great lately as well...when have you guys been in this since?
Posts: 51 | From: Upstate ny | Registered: Jun 2008
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I had no problem waiting a bit the first 2 days, but got in at .12 and .13 Have enough, and looking for more like this..
Posts: 793 | Registered: Aug 2004
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got back to .28 and now we're at .30x.305... what a sweet trading stock. This is exactly what you want to see, no jump in stock price, a few cents each day, otherwise we may trigger a sell off. We are churning all the way up! im loving it!! chart looks super bullish and ready for breakout though check out this chart baby!
posted
green- long run this is headed to multi-dollars imo. right now it will jump tomorrow AM and sell off end of day as day traders exit, so ill try to pick up more share eod or mon/tues/wed next week.
Sell off usually happens on fridays with this stock from what i've seen, and i say usually because you never know and there could be news at any time-lots of news is expected...but thats how im playing this. GLTY
Posts: 2794 | From: nyc | Registered: Aug 2005
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ok just think about it....oil hitting $140 today natl gas $13! and NCEY is pumping around 1090/barrels a day, and thats as of APRIL/MAY from what I hear, AND thats just oil. Nat gas accounts for the other 24% of their rev, and that was aroudn 6-7 bucks last quarter.
I firmly believe NCEY will easily see rev's over 10Mill this quarter. Come August we should be flying and on our way to multi-dollars... why? because we're making lots of $$$ and debt will be getting wipped out- thats what people want to see. Posts: 2794 | From: nyc | Registered: Aug 2005
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o and when the market sees that, well AMEX/NAZ, not even a question and it'll happen FAST.
Posts: 2794 | From: nyc | Registered: Aug 2005
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Agree with Juice here, still think this one has more upside to it...That being said, don't be afraid to lock in some profits along the way...JMO...GLTY
Posts: 2383 | Registered: Apr 2006
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I definetly see what you guys are saying and I would have to say that I agree...I just don't understand how this one was so low to begin with based on the volume of oil that they handle...but I think that it's definetly starting to flex its muscles and I am going to stay on this "wild ride" ( if you don't mind me quoting you)...Great pick here juice!
Posts: 51 | From: Upstate ny | Registered: Jun 2008
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They have less, but they also paid a promoter over a $million to advertise it, which is fine.
If that hit $4 plus, then NCEY can do it too.
I agree with Juice,
Tomorrow.
Spike in the AM.
Mid morning selloff, and flat afterwards.
If there is some sort of PR in regards to the revenue for the Months of MAY and JUNE, remember they reported $240,000 for April or something close to that based on $97 oil.
Oil jumped since then, and I thought they were doing 800 plus barrels a day, but it might be more.
Do the math, if they come back with some sort of figures triple what they had April, it could pop too fast for most.
Posts: 793 | Registered: Aug 2004
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New Century Energy Corp., As of December 31, 2007, New Century Energy had proved reserves of 1,613,000 barrels of crude oil and 3.0 billion cubic feet of gas. The company was founded in 1985 and is based in Houston
_________________________________________________ POGS $2 plus
Pioneer Oil and Gas engages in the acquisition, development, production, and sale of oil and gas properties in the United States. . As of September 30, 2007, it had proved developed reserves of 33,413 barrels of oil and 917,430 thousand cubic feet of gas. The company was founded in 1980 and is based in South Jordan, the United States
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NCEY has more revenue. and probably more debt, but the value of what NCEY has in the ground is triple POGS......
Posts: 793 | Registered: Aug 2004
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New Century Energy Corp., As of December 31, 2007, New Century Energy had proved reserves of 1,613,000 barrels of crude oil and 3.0 billion cubic feet of gas. The company was founded in 1985 and is based in Houston
_________________________________________________ POGS $2 plus
Pioneer Oil and Gas engages in the acquisition, development, production, and sale of oil and gas properties in the United States. . As of September 30, 2007, it had proved developed reserves of 33,413 barrels of oil and 917,430 thousand cubic feet of gas. The company was founded in 1980 and is based in South Jordan, the United States
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NCEY has more revenue. and probably more debt, but the value of what NCEY has in the ground is triple POGS......
yet another...thanks truth!
Also a thought to keep in mind...
The value of ceo's shares have gone from about 750k to about 13Mill now and he hasn't sold a single share. If that isn't any indication of where he thinks this is going i don't know what is! Goodnight and cheers to a nice and green morning;)
Posts: 2794 | From: nyc | Registered: Aug 2005
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