posted
NoWhen, you know it. I keep thinking of the best for the stockholder stuff, for me it doesn't include being restricted, but i'm still here.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
DIG, not much more needs to be said unless a new PR is released or until after the 8-K hits (on or before 15 May 06).
Though I am at a loss why Purl Gurl still offers "DD" and "critical analysis" on a stock she has already branded a "pump and dump scheme".
quote:Originally posted by Purl Gurl: I did not write this stock is a pump and dump but will do so now. I wrote many known pump sites are pumping this stock and many in this thread are very clearly pumping this stock. I also wrote behavior of management is typical of a pump and dump scheme. Many warning signs are apparent and many ignored those warnings.
I now write this is a pump and dump stock being confirmed today by pr news. Not only did management of this company initiate this panic selling, they also added confusion and fear with conflicting news; they screwed up.
Bottom line is management, through their written statements, have made it clear their intent is to drive share price up and this is their only concern. This confirms a pump and dump scheme.
quote:Originally posted by Purl Gurl: Doniboy writes,
"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.
Purl Gurl
----------------------------------------------- Not bad fer a Girl! Who just happens to be a Whale....Who just happens to be a Professor...
Nice Hand with the incorgibles in class...
Arrggggg!!! Back to Sea! To many Land Lubbers acting like School Girls! AVAST AND PREPARE THEIR IS HEAVY WEATHER BUILDING!
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
This has all been very educational, but I would still rather have solid facts and evidence as to what is going on. After I levitate to a higher pps i'll have plenty of time to transmeditate into the stratosphere of the higher penny trader realm.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Watch it, Dustoff! I might smack you with a heavy weight flipper or swallow you whole!
Hmm.. wait.. that last part, uh, well...
Yeah, stormy waters ahead. I am very anxious to learn how this one will play out. I have my personal projections and wish to discover if I am calling this right, calling it wrong, or something between.
Only projection I will share is if stock in NDOL becomes restricted, holders are done for. However, there is nothing I can find which hints at restricted stock.
I suggest you lash yourself to mainstay so you will not be tempted into the waters by those lovely voices of bare breasted sirens!
posted
NDOL is looking sad. Down 12% so far today. Are insiders cashing out and chuckling along the way to the bank, or will this turkey fly? So far I'm down 26%.
Posts: 2 | Registered: Jan 2006
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posted
Hey everyone, did I read somewhere that we are expecting a new PR to clarify some facts, and is that PR today?
Posts: 127 | From: Ohio | Registered: Mar 2006
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"can you please explain to me... what the netherlands has to do with this?"
I am not certain this has anything to do with NDOL stock.
I read in an article, written by another involved in Eastern European Studies, North-West is not just one company but a collection of companies with each "working" in different geographic regions; Russia, East Europe and such.
Each company has a specific name. One of these companies is "registered" through Geneva which leads to my "Netherlands" comment.
My prior discussion is about what rules and laws will apply to this NDOL / North-West deal. NDOL falls under SEC jurisdiction providing some safety for traders, not much, but some. North-West, almost nothing is known about this company. None know what rules and laws will apply. If this deal goes through under Russian rules, I would be a bit uncomfortable about this. East European rules, well, not sure; some have good rules, others not.
Should this deal fall under "Geneva" based rules there is more safety for traders because rules and laws in the "Netherlands" region are more Western, more strict leading to greater safety for those vested.
American companies, under the SEC, are less likely to engage in financial fraud. Note my comment is "less likely" only. Under Russian rules, I am not so sure much safety is afforded. I am not an expert on Russian laws. However, we do know there is a lot of corruption and graft going on in Russia, as in Mexico, The Bermuda Islands and many other places. America is not free from this. All regions are a risk for illegal acts.
During risk assessment, applicable laws are an important part. I would ask, "How likely is it a company can get away with financial fraud?"
In America, less likely. In Russia, more likely. In Mexico, highly likely. In The Bermuda Islands, absolute guarantee of financial crimes.
What rules will apply are as important as what oil fields will be worked, what oil fields will still belong to investors, what oil fields will be added to this buy / merger deal.
Worst case, Russian rules will apply which tells us chances are good for corruption or government take-over of North-West.
Similar to this, worst case oil fields is North-West will assume ownership of productive fields and this new company will end up with the least productive.
Note, those are worst case examples. I am not writing this will happen. This is an example of a part of risk assessment.
Details are critical. There is an almost total lack of details and information which is being reflected by falling prices; traders are unsure.
Prior to current time, shares prices were driven purely by speculation and by pump & dump activity. Nothing wrong with making money on speculation as long as you keep in mind, you can lose it all.
Today's prices are a better reflection of reality, a reflection of serious minded traders who are setting realistic prices, albeit still somewhat inflated prices.
To close, my comment about the Netherlands is simply speculation on what rules will apply, or not apply; we still do not know.
posted
Good lord purl, im so damn sick of scrolling through your bs posts. We get it. thanks for coming out.
Posts: 114 | From: canada | Registered: Mar 2006
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quote:Originally posted by Purl Gurl: tomzdog asks,
"can you please explain to me... what the netherlands has to do with this?"
I am not certain this has anything to do with NDOL stock.
I read in an article, written by another involved in Eastern European Studies, North-West is not just one company but a collection of companies with each "working" in different geographic regions; Russia, East Europe and such.
Each company has a specific name. One of these companies is "registered" through Geneva which leads to my "Netherlands" comment.
Purl Gurl
Don't make it sound so cryptic. One can simply go to North West Oil's website and discern all of the above. North West Oil Group
Oh...and speaking of Karma. I was rather impressed with the list of charitable activites in which North West Oil Group and their president has been involved. Not that this has anything to do with making a sound investment decision.
Posts: 456 | Registered: Mar 2006
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posted
I forgot to add, Tom, news indicates filing of forms with the SEC. This suggests the NDOL new company will still operate under SEC rules.
This is not guaranteed, however. NDOL may cease to exist as an SEC ruled company.
Of concern to me, this company is pumping out too much news which is lacking in details. What I read is hype, what I see happening, is hype.
NDOL quick responses to share price changes suggests to me their primary concern is just such; share price. In turn, this suggests insiders are protecting their vested interest and could be or are dumping shares for profit. Clearly they are keeping a very close eye on share prices rather than tending to business. That concerns me or would concern me if vested.
Most companies do not release news of this sort until the ink is on the paper.
Releasing the type of news coming out of NDOL is a really bad business practice. This calls into question the credibility of management.
quote:Originally posted by Purl Gurl: Clearly they are keeping a very close eye on share prices rather than tending to business. That concerns me or would concern me if vested.
Purl Gurl
This is the kind of posting that goes beyond the pale. Do you have their offices bugged with video cameras? How do you know they are not tending to business?
We all welcome constructive analysis, but making wild claims about what management is doing behind closed doors is incredibly irresponsible.
Posts: 456 | Registered: Mar 2006
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posted
Its amazing how someone can say restricted with no facts to back it up and it sends the stock down.Who realy thinks this is restricted and why ? tell me please.Need some facts to back it up.
Posts: 127 | From: Ohio | Registered: Mar 2006
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posted
Westcott, settle down and atleast think about Purls concerns......Risk management is the concideration of worst case scenerio....
Management overly concerned with share price is always a concern in the Pinks..
Remember that most Pinks are in the buisness of selling stock, not product...If you have been around you should know that by now.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Purl Gurl: tomzdog asks,
"can you please explain to me... what the netherlands has to do with this?"
I am not certain this has anything to do with NDOL stock.
I read in an article, written by another involved in Eastern European Studies, North-West is not just one company but a collection of companies with each "working" in different geographic regions; Russia, East Europe and such.
Each company has a specific name. One of these companies is "registered" through Geneva which leads to my "Netherlands" comment.
Purl Gurl
I cant find the original Netherlands comment, but I am from the Netherlands and Geneva is not in the Netherlands. But again I cant find the original post, so maybe it was mentioned in a different perspective.
Posts: 26 | From: NL | Registered: Feb 2006
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posted
Correct Rusty. I should have worded my comments better. This is why I am using "Netherlands Region."
Geneva is so broad based, so many laws are aimed internationally, I am not sure if rules governing this deal are country specific or regional.
A safe assumption is company registering through Geneva will fall under Western style rules. What specifics apply, a reader can discover through research and reading.
My point is which rules, under which country or region will apply is important.
posted
In the PR, it states, " the shareholders have voted in favor", would the shareholders have all the information to make a educated decision, and if the shares where going to be restricted, why would they vote in favor of the deal? Just wondering. Anyone's educated response is welcomed.
posted
cassity, it reads to me also like the voting has already taken place, by the majority shareholders. I don't know if that means that they are the only ones with a right to vote, but it sounds like it. I can't imagine why they would vote in favor of restricred shares unless they were sure it was going to mean a bigger payoff down the road, when they get through the waiting period. It would be nice to know this stuff right now.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote:Originally posted by Purl Gurl: I forgot to add, Tom, news indicates filing of forms with the SEC. This suggests the NDOL new company will still operate under SEC rules.
This is not guaranteed, however. NDOL may cease to exist as an SEC ruled company.
Of concern to me, this company is pumping out too much news which is lacking in details. What I read is hype, what I see happening, is hype.
NDOL quick responses to share price changes suggests to me their primary concern is just such; share price. In turn, this suggests insiders are protecting their vested interest and could be or are dumping shares for profit. Clearly they are keeping a very close eye on share prices rather than tending to business. That concerns me or would concern me if vested.
Most companies do not release news of this sort until the ink is on the paper.
Releasing the type of news coming out of NDOL is a really bad business practice. This calls into question the credibility of management.
Purl Gurl
Why are they releasing news? Because we ask them. They have been called, emailed and seen in person by us with only one thing in our mind. Get a PR that would start a run for the stock.
Why this stock is bouncing up and down? Because no one trust them. This distrust is ridiculous and some are using it to buy low and sell high. Since this stock has become volatil after the big run last week, there is nothing beside insecurity that drives the up and down.
If people would calm down, and hold, this stock would be going up slowly and steadily. But no, the distrust of the "evil Rusian" for no reason and sell has this stock was going to crash :~\
So, my advice is to hold and wait for the merge to be complete before making speculation about being the deal of the century or the scame of the week. If all of us stay calm and hold, this stock will begin moving up has everyone is looking foward.
-------------------- Bulls make money, bears make money, but pigs just get slaughtered!" Posts: 28 | From: Montréal | Registered: May 2006
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posted
I found this on an other forum, it is quite an intresting read about reverse mergers. This seems to be, at least in a way, what is happening with Nord at the moment.
quote:Check your greed. "Greed is Good"--the great rallying cry of the 1980s, popularized by the Hollywood oily takeover artist Gordon Gekko in the movie Wall Street--doesn't apply with a reverse merger. It's possible to structure a reverse merger so that at the end of the day, the public owns 2 percent of the company and the remaining 98 percent is controlled by the owners of the private company that acquired the shell. Unfortunately, there's almost no incentive for any other investors to become involved if the only people who truly benefit are the insiders. The lesson is, if you plan to involve the public with the intention of engaging in a truly symbiotic relationship, you simply must leave some value on the table.
posted
"The total merged enterprise value is currently estimated at USD $1.25 billion, representing approximately $2.20 per Nord Oil International shares"
what do they mean by that
-------------------- who says you cant trade stocks at 17!!? Posts: 288 | From: Wisconsin | Registered: Apr 2006
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posted
IO have read all the post from today and it's like the fairy tale chicken that screams the sky is falling. Nowhere in todays PR did I see any mention of restricted stock. If I missed please let me know. I think we need to just sit back and wait, unless you are the ones that are just trying to make a fast buck here and there. I feel that in the next PR we will have a clear view of whats going on (hopefully). I do not foresee them restricted all shares as that may cripple them. Sorry I don't want to write a novel as some other posters but that's my 3 cents worth. (For the record I own 50K shares and holding long and strong)
quote:Originally posted by uptickds: IO have read all the post from today and it's like the fairy tale chicken that screams the sky is falling. Nowhere in todays PR did I see any mention of restricted stock. If I missed please let me know. I think we need to just sit back and wait, unless you are the ones that are just trying to make a fast buck here and there. I feel that in the next PR we will have a clear view of whats going on (hopefully). I do not foresee them restricted all shares as that may cripple them. Sorry I don't want to write a novel as some other posters but that's my 3 cents worth. (For the record I own 50K shares and holding long and strong)
I agree,enough said.Tommorow should be better overall including PPS and all the BS post.
Posts: 127 | From: Ohio | Registered: Mar 2006
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Once a reverse merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, determine the initial price for the stock. Perceived value, the "sex appeal," track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management’s ability to relate the company’s potential to investors are of key importance.Ultimately, the public market acceptance of the company will determine the market price for the stock.