I think we need to strum up a little more interest. People are not aware of what is going on with this stock considering all of the issues with gas prices.
Just my 2 cents, or it could be the fact that I have had a 12 pack...
You decide, I am leaning towards the 'People are not aware' argument...
You are a real cheerleader! Right now we are in a sideway mood because MM's experiment the new SEC rules. Since wednesday, every stock seem to be in a consolidation stage... Our glory will come... With new rules, rally will become harder but the price should remain more stable. A lot of think have been said about USCI, If no ones notified it yet, Well... They will miss something. I don't know for you, I think USCI finally reached is bottom. Starting today or next week, USCI will experience a steady and slowly climb til .005 (average)
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Diana, Glad to have you back and in a GOOD mood. Ive bene looking this morning, havtn found anything good. Seem to be hovering around 6-7 for a while now. Hope to see it pop up soon. GLTA B
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Someone keeps stating that they think it's going to pop to .005? That seems like an awfully large jump to me. I'm thinking of picking up some shares to turn around and trade... but I'm a little nervous with such a sub sub penny stock.
Need more $ for QBID!!!!
It seems like this stock has been accumlating forever now.
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LATEST NEWS 2:04 PM PST Friday Gas-price relief could be short-lived
Want to fight high gasoline prices? Stop driving so much. That's the advice of state officials and conservation advocates as California gas prices continue a gradual reduction that's expected to end soon -- and abruptly.
For the fourth week in a row, gas prices declined across the Southwest and Sacramento, but rising demand and increasing wholesale prices could bring the month-long drop to a screeching halt.
The average price of a gallon of unleaded self-serve regular octane gasoline here was $2.049 on Friday, three-tenths of a cent lower than the previous week, according to price surveys by the American Automobile Association. A month ago, it averaged $2.096 and the price of $2.151 a year ago was within two cents of the local record.
The national average rose nine-tenths of a cent over last week to $1.751, according to the Automobile Club of Southern California. Tuesday brought a record high of $1.753.
OPEC's planned cutback in production, along with strong demand, could spell pain-in-the-wallet for vacationing motorists looking to save at the pump.
Gasoline in San Francisco was going for an average of $2.207 a gallon Friday, down from $2.23 last week and $2.257 a month ago.
The average price of self-serve gasoline in the Los Angeles-Long Beach area is $2.127, which is 2 cents lower than last week and 5 cents lower than last month's price, according to the club's Weekend Gas Watch.
According to the club, gasoline production in California dropped 11 percent, and inventories fell 15.7 percent. Those two factors, combined with steady demand, means higher prices at the pump.
Demand has to level off across the state before motorists can expect to see relief at the pump, in the form of prices below $2 per gallon.
"The bottom line is, for this summer we are going to have to do like we did during the energy crisis and make conservation and reducing demand something that we talk about every day," said John White, executive director of the Center for Energy Efficiency and Renewable Technologies, quoted in an Associated Press report on a California Assembly hearing Thursday regarding gasoline prices.
Attorney General Bill Lockyer told the committee that lack of competition, too much demand from too many cars on the road, and a shortage of new supplies are driving high fuel prices, but that there is no evidence of unlawful behavior by oil companies, according to published reports.
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United States Crude International, Inc. (OTCPK: USCI)
USCI is publicly traded oil and gas production company, as well as, an oil technology company. USCI is proprietary crude oil recovery technology, designed to help increase production from marginally producing wells. The Company's TM-96-10 Portable Steam Generation technology is patented in the U.S. (#5, 979, 549 & 6, 129, 148).The Company has had recent sales of its portable steam generator technology in the California market and is employing a market company to market the technology worldwide.
Friday
0/S 2,951,559,074
Volume 44,745,012 Price unch. Closed at .0007 RSI (14) 46.87 MACD histogram above zero Stochastic (10,10) 14.29-38.45
Target price: .005.
Today the stock closed unch. with an unch. high and an unch. low. The volume is extremely low. Friday a short white candlestick formed. There was a limited price change that represent consolidation.
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Benaissa Oil Inc. is a top investor with United States Crude International Inc., Oil Technology and Exploration Company based in Redlands, California.
US Crude International Inc. has 300 fully equipped oil and natural gas wells on 8,780 acres of land. Leases owned by US Crude International Inc. are located in Oklahoma and Kansas.
US Crude International has pioneered portable steam technology to rekindle marginal wells to profitable levels.
The TM-96 is a self-contained portable unit capable of injecting up to 1,200 barrels of fluid a day at temperatures of more 500 degrees Farenheit. This technology has been patented in the United States (no. 6,129,148 and no. 5,979,549) and in 26 other countries around the world.
The TM-98 is a portable thermal gas injector designed to inject an inert flue gas directly into an oil formation to repressurize it and decrease the oil viscosity. The TM-98 is efficient in formations with a high clay content.
The TM-9 is the first "deep steam" generator ever tested that can sustain long term downhole operation. The steam is actually produced "in the hole" at depths over 5000ft.
Benaissa Oil Inc. believes that United States Crude and its technology have an exceptional potential in the United States. Given the amount of unharvested oil in under-industrialized economies, substantial international opportunities also exist for this technology.
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No Will, it's my mistake. I should have post this link on the RB board. Many basher and pumper on the other board. This site give great information to avoid scam, fraud, etc.
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There's a page on the Bennaissa web site about USCI with a few pictures of the TM-96. Too bad the USCI link doesn't work. Here's the link on Bennaissa's site: http://www.benaissaoil.net/pages/3/index.htm
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Heres my little thought of the day. When it hit .0031 and .0018 the old price per barrel was no where near this high. Now as people have been saying that the high oil prices should help this stock. Then if that is so it surely will hit .005. From the past to the present though, I see no evidence of that at all. It just seems to me that one morning for no real reason it runs up and then, right back down. Who knows why. So I figure just set around and one morning within the next month we will have another run to how high who knows. Down at this level charts mean nothing nor T/A. Just have to buy and wait for the next run. Runs have seen to be less and less each time. .0031 .0018 and .0013. Call it a gut feeling or just hope but the next one will be above .0030. Here is hoping for the best for all of us in micro-land.
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Since january we went from .0035 to .0007 because of dilution. I think USCI paid alot of goods for the expansion of the company with shares. This stock have to be connect with the present gas situation in USA. If the price of gas still moving up, companies which own technology like USCI will be needed by Oil industry. If USCI sell more steamer that mean more money, and more money = more earning...
I don't know for you but it is a rare opportunity, good momentum, we have here in this stock market. USCI own a technology which can help oil industry to face the gas shortage not tomorrow but right now!
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Investor be aware. A interesting article about oil shortage in business week. Common sens should guide us to invest in gas company right now.
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Showing at .70 on my streamer right now, sure this is a glitch or I would be happy to retire. oops just went to .0007 oh well I was rich for a couple of seconds.
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I'm about to give up! I did alot of research about USCI. Seem to me this company have a great potential in oil industry but the stock remain at a low level when it should be around .005. Basher's won, I think I will sell.
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quote:Originally posted by Forrestgump: I'm about to give up! I did alot of research about USCI. Seem to me this company have a great potential in oil industry but the stock remain at a low level when it should be around .005. Basher's won, I think I will sell.
JMO It would be a mistake to sell, this stock runs about every 3-4 week ( no idea why) I have made money on it and hold free shares, just bought more friday. How long have you held it?
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Poorman, I got it at .0007 a couple of weeks ago. Hasnt seemed to move much, just hovering around 6-8. Ive been reading about it jumping around, and no one knows why. Does it seem due to come up again? B
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It went to .0013 on Mar 26. I sold some at .0011, waiting for another run. Anyvody know where we can see open and close price of a stock for every day in past 1-6 months? Thanks.
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I was playing long with this one. I got in since february. I did'nt sell the last two run because I didn't want to swing it. I do believe it is a great stock and can go much higher than .0014-.0018. When this stock move it fell down as quickly as it move up... We don't have the opportunity to build up a new strong base. I will think about what you said... but I am really about to sell my share to break even with small commission lost. Thank
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quote:Originally posted by Just Learning: Poorman, I got it at .0007 a couple of weeks ago. Hasnt seemed to move much, just hovering around 6-8. Ive been reading about it jumping around, and no one knows why. Does it seem due to come up again? B
Seems to do that for a couple of weeks while people buy then volume starts to go way up, then for a couple of days volume goes down then it pops, only seems to run for a day or so then drops back down to the .0006-.0007 level if you are in at .0007 I don't think you can get hurt as that seems to be the support level( at least I hope so as I bought Friday at that price)i got out last time at .0012 and kept 500,000 free shares.My sell this time is .001 as the runs seemto be getting shorter. Hope this helps. GOOD TRADING.
quote:Originally posted by poorman: Seems to do that for a couple of weeks while people buy then volume starts to go way up, then for a couple of days volume goes down then it pops, only seems to run for a day or so then drops back down to the .0006-.0007 level if you are in at .0007 I don't think you can get hurt as that seems to be the support level( at least I hope so as I bought Friday at that price)i got out last time at .0012 and kept 500,000 free shares.My sell this time is .001 as the runs seemto be getting shorter. Hope this helps. GOOD TRADING.
THIS WILL TAKE SOME PATIENCE. IT HAS MADE NICE RUNS. INSTREAD OF WHINNING--POST DD. SHOW US A GOOD REASON TO BUY OR HOLD THIS STOCK. IMHO
quote:Originally posted by Trader O: There's a page on the Bennaissa web site about USCI with a few pictures of the TM-96. Too bad the USCI link doesn't work. Here's the link on Bennaissa's site: http://www.benaissaoil.net/pages/3/index.htm
UBBFriend: Email this page to someone!
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