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I'd say if it runs this afternoon it could be that today! doing some DD and it used to be AKOL and they have a release back in April that tells of what I think is this deal or maybe another huge deal on top of this one! here it is!
Alaskan Oil and Gas (AKOL) has signed an LOI to acquire 49% ownership of a producing oil company located in Russia. The final purchase price will consist of a combination of cash to be utilized as working capital and convertible preferred shares to complete the purchase. Current areas of operations include production of crude oil and gas condensate, transportation of hydrocarbon raw material to the consumer, registration of necessary customs procedures, reprocessing of sour and highly paraffinic oil within its own plants and the receipt of high-gravity sorts of oil. Alaskan Oil and Gas believes that it can help the company to increase its production to 10,000 metric tons of oil per month over the next five years.
-------------------- Nothing moves a sub like news!!!
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I've been following TWOG to get updates on that Russian deal, nothing so far. Hopefully everything is still in the works. Imagine what this could do if that news came out on top of this news!
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this is starting to look more and more legit im liking this alot.i would love to see some buying pressure pushing this up above a penny today!!!
-------------------- gotta know when to hold em and when to ..........
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just a thought the last time twog ran it went up over 23 fold from the lows of .003.now even if we get half or lets say a quarter of that run we should hit 5 x .005 = .025 per share.yahoooo!!!!!!!!
best of luck to you all.but keep in mind what recently happend to papo after their monster run up. lets take a few profits when we really run folks. just my humble opinions.
-------------------- gotta know when to hold em and when to ..........
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louie we have already broken through resistance the next level of resistance is .01 cents and then .02 if i am reading the charts correctly.keep in mind those that hopped in at .005 many will be taking profits at .01 for a nice 100% gain.i personally have been in this for alot longer so i wont be dumping any shares until over .02 cents or close to that .
-------------------- gotta know when to hold em and when to ..........
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GZFX posted October 06, 2005 10:36 AM -------------------------------------------------------------------------------- I think there'll be another shakeout * .0095
I've seen it too many times - just when you think it's safe to go back in the water the MM's dredge the lake...
That's just where the (First) shakeout was - then the second was at .0084 - at closing arca had it down to .007
similar pattern already emerged with this stock this a.m. at about 10:15 or so.
Plus, there are a LOT of "bagholders" (go to silicon investor) who are really pissed off about the 2 "slimeballs" running this company - as they put it.
On the up side, this is the news they've been waiting for for almost 6 months, so I imagine some may want to either hold or bail.
I don't know. Human nature always takes over. Then Greed.
could go either way - just saying watch out..
Personally I think this stock has a lot of upswing.
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I haven't looked recently, but isn't that just one guy at SI who is really upset with TWOG? Just wondering if it's the same guy I used to read.
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ricpic thanks, I think i'm gonna want to get in, but it won't be before monday. no funds in account right now. Its typical of me to be caught off guard by these kinds of things. looks like lots of room for growth. The resources sound huge. I'm gonna have to study how they got so much.
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You can bet that the only shares getting filled in that gap are sells and that someone is gathering shares. The only fill you will get now is at .0089 or the ask!
-------------------- Nothing moves a sub like news!!!
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rickpic - you have always been very consistent with stock picks and advice for other members/traders.
Perhaps I will sit on this for a bit and decide - but I don't want to get in above .0078 - I really do think it'll drop a bit before taking off again...