posted
I think they need to get a PR out addressing the restricted shares issue. From what I have read IF ? this is true the reason they are doing this is because most of merged company is private. Now a large chunk is going to be public and steps need to be taken to protect private holders. Because most people will just dump the stock if it hits 2$+ and will drive the price way down. If they do announce the restricted shares in a PR. I am going to just turn my ticker off. Go fill out another form and send more cash to my account because my current portfolio is dead. At least I can say I did not sell sale and feed the MM's more cash.
Posts: 109 | From: parts unknown | Registered: May 2006
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posted
Hey, i'm just contributing to the board, bringing the best DD that an intelligent person should. But thanks. Glad you're enjoying it.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Doniboy, an activity which helps me in my decision making process; a score card.
My score card lists three items; negatives, unknowns, positives. Each is given one point.
List what is negative about this stock. List what is unknown about this stock. List what is positive about this stock.
Compare your negative points to positive points. That score will help guide you on hard risks.
Your unknown score displays soft risks.
For me, personally, I usually give more thought to my "unknown" score. This score represents what you do not know, and represents speculation.
**
Some comments on today's news and these comments are opinion and speculation; wouldn't want a person to run off cry-babying to the SEC about high crimes being committed here.
News:
"...namely "North-West Oil Group-Saratov" Ltd. and Company "Neftegazenergo" Ltd."
An article I posted, I think, gives some hint as to geographic region related to company name. You "might" be able to associated those two names to specific oil fields, then develop a feel for how "productive" the new merger company will be. Geography and environmental conditions are very important related to oil production. An example, if this new company will be working in Siberia, I would expect low production.
Clearly NDOL will not be a majority company but rather a smaller part of subsidairies suggesting their share will be minority interest.
News:
"...merged enterprise value is currently estimated at USD $1.25 billion...."
Use of "currently estimated" is dangerous wording. This wording leaves a legal out and I perceive this as pure pump.
News:
"...4 members appointed by the North-West Oil Group shareholders out of a total of 7 board members...."
This unknown North-West will have majority control. They are secretive, connected to the Putin politburo. Virtually nothing is known about these people; we do not even know who they are.
News:
"... Mr. Makarov will have resigned his functions...."
Your main man is gone. He has been pumping this stock and is now gone, de facto. My presumption is he is not walking away empty handed.
News:
"Mr. Ernest Malyshev, President of North West Oil Group has been appointed the new President and Chief Executive Officer."
What is known about this man and his track record?
Who are the other majority board members?
Is North-West reputable, profitable and well managed?
posted
Ok guys I am hearing 1 year restriction now. I wish someone would contact Parkin to get a real answer if our shares are going to get restricted for 1 year or not.
Posts: 109 | From: parts unknown | Registered: May 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
I know it is. THat is why I posted it. I hope someone will email parkin and ask him about this. I do not have parkin's email address and if I did I have never emailed him before like some of you guys did. SO im not sure if he would even answer me. If someone here has contacts with him ask him about this now!! If not and a PR comes out stated restricted shares its going to be real bad. I am not trying to scare people into selling. I have no free cash. I am totally locked up in this.
Posts: 109 | From: parts unknown | Registered: May 2006
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posted
i already emailed parkin to ask the question about the restriction but i think they know they better not say it now because the price will drop...do they have to say that in the 8K filing? i think so not? stepped out today at 1 dollar with a 5 bagger and i am waiting untill i know 100% for sure it is restricted or not restricted shares
Posts: 1065 | From: switzerland | Registered: Mar 2005
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posted
I actually wasn't kidding. All the bashing that went on here over the past few days seems to have gone away and I see some people discussing some real issues. Thats why I figure that if you have any interest Purl, you could take a look at FGFC and give me your preliminary opinion on the thread for it:
Information is the key in this game. (Wow...I'm really profound...Not)
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Call me stupid and maybe I am, but I am buying more at these prices. The first PR about the merger stated that this would be more beneficial for the shareholder, restricted stocks are NOT. So I am gambling that they will not be restricted.
Posts: 26 | From: NL | Registered: Feb 2006
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posted
Doniboy, I read your thread over in microcaps.
I will give an opinion for what it is not worth. However, not for a day or two. My research often takes many hours, even days. I am very serious about good research, as you know from my history.
However, opinions only, both negative and positive. I will not suggest buy or sell.
I do read Allstock's microcaps each day along with reading this board, each day. I really do not post that much, it may appear I am not around, but be sure I am here and looking.
Lately, I have a bit more free time and can post. My guest lecturing for Winter / Spring is finished.
posted
guys I will be back tonight I got some things I got to take care of. I hope someone here can get to the bottom of this. IF I find out anymore info I will post it tonight..
Posts: 109 | From: parts unknown | Registered: May 2006
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posted
doniboy, you are correct and you have balls then! if it is not restricted you deserve to make the biggest profit then! i like your way also but i was in with too much money and stepped out today with a 5 bagger but also buy everything back if i know it is not restricted..;will be higher but thats the premium i will have to pay for the guarantee
Posts: 1065 | From: switzerland | Registered: Mar 2005
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I am new to the penny stock and merger. Can you tell me why people does not want a restric stock for one year? Does the stock will devalue during the year?
Posts: 66 | From: California | Registered: Apr 2006
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posted
Purl, how are you doing in this stock? Making a lot of money on the swings and so on?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
glacierguy, most of them doesn't like restricted stock because they have to wait a year before selling and some need that money in the near future so i understand..real traders for example don't want to be stuck with a lot of money in 1 share for a period of a year... But on the other hand, if you are in for the long haul, you will always have an easy double from this level... if it is restriced you will see the price drop to 50 cents but if it is not restricted we go up to 2 bucks in no time... it is a risky play now and i am waiting to get confirmation of the restriction or not
Posts: 1065 | From: switzerland | Registered: Mar 2005
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posted
same here. I will wait for confirmation. this looks good for a point of entry. I'm in with minimal amount of 1K. lets see how it goes frm here.
Posts: 270 | Registered: Apr 2006
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posted
THanks, Stockguru05! But even it drops to 50 cents on restricted news, we still can get $2.2 pps offer, am I right?
Posts: 66 | From: California | Registered: Apr 2006
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posted
Don't give me too much credit. I am not going back in yet, I have been out since it was $1.20 a few days ago. There's just too much volitility for me right now plus I don't really understand what is going to happen. I may not be wise, but I know when I am too ignorant to make a play.
Also, Purl Gurl, thanks for looking at my other stock, I invite all input negative or positive as long as it is based on good DD (but you knew that already)
Good Luck To all
quote:Originally posted by Stockguru06: doniboy, you are correct and you have balls then! if it is not restricted you deserve to make the biggest profit then! i like your way also but i was in with too much money and stepped out today with a 5 bagger but also buy everything back if i know it is not restricted..;will be higher but thats the premium i will have to pay for the guarantee
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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"All the bashing that went on here over the past few days seems to have gone away and I see some people discussing some real issues."
The pumpers will vanish, as well.
Discussing real issues is what Allstocks is all about. Discussion benefits all.
My opinion is Allstocks makes more money for people than most stock discussion boards. The reason for this is there is a group here who insist on good information, facts, knowledge and reliable opinion. We do not tolerate pumping nor bashing.
Many here have decades worth of experience. Their opinions are money in the bank, or money not lost. I greatly value opinions of the good people here but more value discussion. Many of my decisions are based on what others have to say.
Most of us are able to spot, right off, a good deal, a bad deal, a maybe deal, just as we are able to spot, right off, pumpers and bashers.
There are pumpers around. Not very many bashers.
Patterns of behavior are very important. Over years, you learn what "patterns" mean. In time, you are able to spot and predict patterns, able to make decent predictions based on the past.
Successfully working the markets requires very extreme in-depth knowledge and experience. Often the least noticed tiny clue, is the most important.
You have to be very anal retentive, very picky, even very annoying, to succeed at this.
The most critical factor is to never allow your emotions to become involved in decisions. Your emotions will lead you to loss, always.
This is a cut-throat business requiring a cool, calm and cold calculating attitude. We do not like pumpers, we do not like bashers, we do not like those taking advantage of others.
We also acknowledge when we make profits, we do so by taking money away from others. However, we take their money fair and square; no tricks.
When we lose, others take our money, hopefully fair and square and not by our foolish behavior.
Playing it fair and square oftens lands me in a lot trouble with others! A majority of traders, today, are cheats and con artists. They do not like those who play it fair and square.
posted
Purl, how are you doing in this stock? Making a lot of money on the swings and so on?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Then you know where we been coming from for the last few days?
My opinion is Allstocks makes more money for people than most stock discussion boards. The reason for this is there is a group here who insist on good information, facts, knowledge and reliable opinion. We do not tolerate pumping nor bashing.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
I just tried to call Parkins a short while ago. Purl Gurl wouldn't clue me in on whats going to happen next so I thought I would give it a try. Only got a recorded message.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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"Purl, how are you doing in this stock? Making a lot of money on the swings and so on?"
I have not traded any NDOL stock and have no intention to do so. I do not own any and will not buy any. I have not made profit from NDOL.
My profit is in creating Good Karma by bringing a bit of sanity to these discussions. If I have helped one person not lose money, or have helped a person to make money, my profit is Good Karma which will come back to me, someway, sometime.
There is benefit for all through good discussion. We all learn through reading articles here. Each, hopefully, will become a better trader. As each becomes more adept and skilled, our markets become more stable and predictable. As each learns, more and better information comes back in. As all of us become better traders, all do better in the markets. Knowledge and sharing of knowledge is a win-win situation.
I am amused by those who adamantly claim I am making profits off NDOL. I have no NDOL stock and never have. Those making wild claims about me have exposed themselves as untrustworthy and of very questionable character.
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