posted
"Big Players" as in... CEO, VP, etc... I'm sure many of their employees hold shares of the stock. I agree the company will make the decision, but they will probably still have a vote for it... just my opinion.
quote:Originally posted by Thorn:
quote:Originally posted by TheCreator: I'm not saying a vote with "us" I'm saying they'll probably still have a company vote... all the big players in the company whoever that may be.
You don't bother me, and I'm not inlove. But you just talk nonsense for no reason
Now, that's a strange thing to say. NDOL owns 80%. There are no "big players" to be concerned about. If you don't like my DD and advice, feel free to find your own nonsense. No need to be rude.
posted
IMO this should rise all week. this company seems like one of the best sub $1 stocks around. of course there will be some up and down, but overall, this seems very undervalued.
Oil will be huge this summer, they plan to move to OTC (which they can do, as they have already been filing timely), buyout is still in the works, they have oil and production could start by summer. I see this over $2 in the future.
In case anyone cares, here are the L2's at the ask at close:
posted
By the way when I spoke to Nord's VP on Thursday he told me the Buyout info would be sometime this week, take it for what its worth, that's just what he said.
posted
thanks for the information about the non-marginal funds guys...that really sucks though.. and also do you guys think it's too late to get in? I mean even if I make 20% that's still good I'm only 16 lol. Just tell me what you think.
-------------------- NSMG will make me rich this year
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posted
That's not a ridiculous number and given the recent news and expected news, I think these are sustainable gains. People focus on the buyout, but the big news is that they got permission to start pumping the $3 BILLION dollars worth of oil they have!!! I expect to see another green day tomorrow. Days like this will bring in more investors.
They also still have a forward P/E of just above 3....still way below industry standards.
RSI = relative strength index - it measures daily gains versus daily losses.
posted
Sam, do your own DD. Asking us what we think isn't always the best move because we are all shareholders and we want people to keep putting buying pressure on the MM'S. Many people here will give you good advice, but in the end you need to do your own research or you'll end up broke.
That said I do think that this stock will continue to go up unless the PR is bad, then it may dip. Right now there are two big things that we are anticipating: A buy-out and a move to a higher index. If both those things happen this thing could rocket, if not...who knows.
Be careful with your money, and don't risk anything that you can't afford to lose.
Good Luck.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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posted
RSI doesn't mean much when dealing with penny stocks who have major PRs due......that's what's driving this baby up....also some folks are now seeing what I've been saying since last August when I got in this, that the amount of oil they have compared to the PPS is insane.....just last month this was at .07 per share......if only I kept the faith, I would have gobbled up even more shares at .07...... I expect a correction, but an end of week rally if the PR for buy out isn't out this week.
-------------------- GSUS - Eternal 100 Bagger! HCPC - my favorite potential into December
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posted
I think if this was going to plummet, it would have happened this afternoon. Why would most everyone hold their shares another day if they didn't have confidence, it will see better days. Just my opinion.
posted
Dig, We were talking about the RSI and you mentioned the "Golden Arches" I thought you meant that the RSI would go down tomorrow thus making a large M...like McDonalds.
Sorry, I just didn't get your joke...lol
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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posted
#1 Oil Prices Settle Above $70 a Barrel AP - Oil prices settled at a record high above $70 a barrel on Monday, rising more than $1 on concerns about supply disruptions in Nigeria and diplomatic tensions between the West and Iran over Tehran's nuclear ambitions
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posted
#2 This is why this is a safe investment. Dollar vs. Euro - Hegemoney. The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 80 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro.
The real reason the Bush administration wants a puppet government in Iraq - or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq - is so that it will revert back to a dollar standard and stay that way." (While also hoping to veto any wider OPEC momentum for the switch from Iran - which is seriously considering switching to euros as their oil transaction currency as of Sept 2002 - and other OPEC members including Saudi Arabia whose regime appears increasingly weak/threatened from an internal coup).
This administration is acutely aware of this and in preparation for invading Iraq we will create a huge and permanent military presence in the Persian Gulf region, just in case we need to grab Saudi's oil fields as well as Iraq 's.
Saddam sealed his fate when he decided to switch to the euro in late 2000 (and later converted his $10 billion reserve fund at the U.N. to euros) - at that point, another manufactured Gulf War become inevitable under Bush II. Only the most extreme circumstances could possibly stop that now and I strongly doubt anything can - short of Saddam getting replaced with a pliant regime.
Big Picture Perspective: Everything else aside from the reserve currency and the Saudi/Iran oil issues (i.e. domestic political issues and international criticism) is peripheral and of marginal consequence to this administration. Further, the dollar-euro threat is powerful enough that they'll rather risk much of the economic backlash in the short-term to stave off the long-term dollar crash of an OPEC transaction standard change from dollars to euros. All of this fits into the broader Great Game that encompasses Russia, India, China.
The effect of an OPEC switch to the euro would be that oil-consuming nations would have to flush dollars out of their reserve funds and replace these with euros. The dollar would crash anywhere from 20-40% in value and the consequences would be those one could expect from any currency collapse and massive inflation (think Argentina currency crisis, for example). You'd have foreign funds stream out of the U.S. stock markets and dollar denominated assets, there'd surely be a run on the banks much like the 1930s, the current account deficit would become unserviceable, the budget deficit would go into default, and so on. Your basic 3rd world economic crisis scenario.
The United States economy is intimately tied to the dollar's role as reserve currency. This doesn't mean that the U.S. couldn't function otherwise, but that the transition would have to be gradual to avoid such dislocations (and the ultimate result of this would probably be the U.S. and the E.U. switching roles in the global economy).
The following two recent articles discuss Iran's vacillating position about switching to the euro as their standard currency for oil exports, and this may help explain Bush's sudden urgency to topple Saddam. In the aftermath of toppling Saddam it is clear the U.S. will keep a large and permanent U.S. military force in the Persian Gulf. Indeed, the Bush administration has no "exit strategy" in a post-Saddam Iraq, as a permanent U.S. military force will be needed to "maintain order" (ie. to protect the newly installed puppet regime).
Paradoxically, if the war in Iraq goes poorly or becomes prolonged, it is possible that Iran and other OPEC members may do exactly what Saddam did, thus creating the very situation this administration is trying to prevent, an OPEC switch to the euros as their oil transaction currency standard. __________________ Protect your loved ones - Put them in a Humidor.
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posted
you know the frankfurt exchange was closed today right. I think they will have an interesting day tommorrow trying to play catch up, not sure how positivly this will help us over here though.
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