quote:Originally posted by invester: congratulations to the ones that got in today. Made 60k. this has a value of over $5. Kudos.
You threw 50K at a penny stock today? WOW
you know? this is something I have been thinking about, lately...
nothing against whoever posted, cuz I'm not reading the thread, only the one post.
BUT wouldn't it be nice to see Time & Sales reports, such that one could judge just how many dollars can be thrown at a penny? That is, how much, exactly (or even ballpark, lol), can one buy without running into problems selling?
If I remember, the assertion here was a $50k buy...boy, I'd sure like to see evidence of a $50k buy followed by a $50k sell...
quote:Originally posted by invester: This would not be the first time. I did the same with XSNX, RSHN, KSWJ, and now NDOL. All have paid, except KSWJ. Only a matter of time for that one.
you got 300 000 000 of VWKM (as from your post)... Any more comments?
Posts: 420 | From: Canada | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by invester: congratulations to the ones that got in today. Made 60k. this has a value of over $5. Kudos.
You threw 50K at a penny stock today? WOW
you know? this is something I have been thinking about, lately...
nothing against whoever posted, cuz I'm not reading the thread, only the one post.
BUT wouldn't it be nice to see Time & Sales reports, such that one could judge just how many dollars can be thrown at a penny? That is, how much, exactly (or even ballpark, lol), can one buy without running into problems selling?
If I remember, the assertion here was a $50k buy...boy, I'd sure like to see evidence of a $50k buy followed by a $50k sell...
just wondering about liquidity, basically...
best--
tex
If you would look earlier in the thread, I said I bought an extra 200k at .145. On top of my initial, it came out to 44k and change. No need to impress. I called it before it moved in the first place. If it went down, I would have looked dumb. I have always felt that every time I make allot of money on a stock, go bigger on the next one. What do you have to loose. You can only loose the profits. So what, its not your initial investment. Go big, or go home. Food for thought.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
NEWS OUT>----------------COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Nord Oil International Receives Unsolicited Purchase Offer for NDOL Common Stock
MONTREAL, Apr 06, 2006 (MARKET WIRE via COMTEX) -- Nord Oil International Inc. (OTC: NDOL) announced today that it has received an unsolicited purchase offer for 100% of the total outstanding stock of Nord Oil International Inc. The company has opted to keep the information confidential until such time as the purchase offer can be bona fide and the amount of the offer confirmed. The company will make every effort possible to review the offer and offering party and release said offer information as soon as possible. It should also be noted that during the conference call, it was also discussed that the offering party intended to purchase shares in the open market of up to 10% of the NDOL common stock. ------------------------ take it with a grain of salt, seen this before!, small gap up, prev close .229, current B/A - .245 x .25
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
it means someone wants to buy the company MAYBE - with 9 billion in proven and probable reserves and a 12 month production schedule of 150 million in oil the current price is a bargain. the problem is that unvarified unsolicited offers are SOMETIMES bogus. the stock likes the news. up 24 percent on 2.5 million shares at .283 x .285
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
Thanks again for the guidance on this one (madmoney and invester). Still seems like a great buy under a $1
Posts: 456 | Registered: Mar 2006
| IP: Logged |
posted
they will be buying our shares, but for how mutch? and in what form? cash or stock. IF the offer is genuine. we shall see! B/A .287 X .289. will it break .30? that would be nice!
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
The value of this company based on the billions in oil they have is somewhere in the neighborhood of $5. There are only 214m shares outstanding.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
Holly crap, they just got a buyout offer. The people offering are also going to purchase 10% of the common stock in the open market.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
Based on the amount of oil they have, the offer should be north of $1 in my book. That would only value it at 214 million.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
invester isn't 100% buyout the whole thing? If thats the case why would they buy 10% of common stock off the market? Do you have any input on what that means?
quote:Originally posted by invester: Holly crap, they just got a buyout offer. The people offering are also going to purchase 10% of the common stock in the open market.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
| IP: Logged |
posted
I would think the value of PROVEN reserves would put this well north of FIVE DOLLARS a share!. if the offer is varified this will EXPLODE!!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
It would seem to me that they are trying to buy some of the company cheaper than the buy out price. It would also suggest that they are serious.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by DIGDOUGH: invester isn't 100% buyout the whole thing? If thats the case why would they buy 10% of common stock off the market? Do you have any input on what that means?
quote:Originally posted by invester: Holly crap, they just got a buyout offer. The people offering are also going to purchase 10% of the common stock in the open market.
ten percent gives them a majority interest and will make the offer more serious, thats the way real take overs/buy outs are done.
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
I CAN'T EVEN BELIEVE THIS. I HAVE A 1/2 MILLION NOW. WHAT A PLEASANT TURN OF EVENTS!!!!!!!!!!!
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
Here is the news that invester and Madmoney are talking about. Thanks Invester and Madmoney!!
Nord Oil International Receives Unsolicited Purchase Offer for NDOL Common Stock
By Market Wire Last Update: 4/6/2006 9:00:07 AM Data provided by
MONTREAL, Apr 06, 2006 (MARKET WIRE via COMTEX) -- Nord Oil International Inc. (NDOL) announced today that it has received an unsolicited purchase offer for 100% of the total outstanding stock of Nord Oil International Inc.
The company has opted to keep the information confidential until such time as the purchase offer can be bona fide and the amount of the offer confirmed. The company will make every effort possible to review the offer and offering party and release said offer information as soon as possible. It should also be noted that during the conference call, it was also discussed that the offering party intended to purchase shares in the open market of up to 10% of the NDOL common stock.
About Nord Oil International Inc.
Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior producer, trading under the ticker symbol NDOL on the US Pinksheets market. Nord Oil International operates three wholly owned Russian subsidiaries; Nord Oil Products, Nord Oil Samara and NANA. Nord Oil's properties currently have a total of 48 million barrels of proven and probable reserves and the company plans to acquire additional properties and has an objective of 150 million barrels in proven and probable reserves.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
SOURCE: Nord Oil International Inc.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
| IP: Logged |
posted
This could be a great one for you invester...good luck! Thinking about purchasing more as well...I mean, can you think of a better place to speculate with $10k...?
Posts: 456 | Registered: Mar 2006
| IP: Logged |
posted
Ok, invester. I'm just following you from now on. I have made some serious money following your lead. thanks
Posts: 459 | Registered: Mar 2006
| IP: Logged |
posted
I have done the research, but whenever I show up you are already here. I'm just a little slower.
Posts: 459 | Registered: Mar 2006
| IP: Logged |
posted
My friend from N.Y. is trying to buy, and they won't let him. The MM's are accumulating for themselves.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
