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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » !!!TWOG, new oil, hasn't run yet. chartastic...TWOG!!! (Page 3)

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Author Topic: !!!TWOG, new oil, hasn't run yet. chartastic...TWOG!!!
rickpic
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I'd say if it runs this afternoon it could be that today! [Smile] 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.

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Nothing moves a sub like news!!!

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HossTrader
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quote:
Originally posted by rickpic:
you caught an early bird special there! [Smile]

LOL, I hope so! I could use it!

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I just want to make enough money to be eccentric.

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FlipMe
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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! [Big Grin]
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HossTrader
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Especially on a day like today where the blue chip oil companies are feeling the love too.

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I just want to make enough money to be eccentric.

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rickpic
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http://www.transworldoilandgas.com/

just registered! Hmmmm! I guess theres a web site coming!

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Nothing moves a sub like news!!!

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FlipMe
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Bout time!
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HossTrader
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any movement on BxA yet?

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I just want to make enough money to be eccentric.

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HossTrader
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0086 going through

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I just want to make enough money to be eccentric.

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noah129
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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!!!

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gotta know when to hold em and when to ..........

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FlipMe
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Agreed, and it's holding these levels like a champ.
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rickpic
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.0086x.0089

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Nothing moves a sub like news!!!

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noah129
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hey ric how many mm's are on the bid/ask?

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gotta know when to hold em and when to ..........

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HossTrader
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pushing 009

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I just want to make enough money to be eccentric.

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rickpic
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.0087x.0089

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Nothing moves a sub like news!!!

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matto
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Hello twog fans just got back i guess we are doing very well here

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Trading is a blast!!

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rickpic
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matto thanks for the PM on this one this AM [Smile]

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Nothing moves a sub like news!!!

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Louie
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I know you guys don't want to hear this, but resistance will be at 0.0074 - .0077

After that I am in.

Louie

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Louie

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rickpic
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Glad I got in at .0075 then [Smile]

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Nothing moves a sub like news!!!

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noah129
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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.

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gotta know when to hold em and when to ..........

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noah129
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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 .

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gotta know when to hold em and when to ..........

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Louie
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GZFX posted October 06, 2005 10:36 AM
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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...

I could be wrong, though

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/8/t/016548/p/8.html?

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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Louie

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HossTrader
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Let's just hope the volume keeps up

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I just want to make enough money to be eccentric.

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FlipMe
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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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DIGDOUGH
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What is the O/S for twog. anybody?
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rickpic
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quote:
Originally posted by rickpic:
do the math on this based on $2b plus in assets!

Authorized Shares: 400,000,000
Source: 10QSB ( 01/14/2005 )

Outstanding Shares: 297,392,788
Source: MGFS ( 08/31/2005 )



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Nothing moves a sub like news!!!

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HossTrader
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Kind of fizzled a little on volume. What is the bxa now?

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DIGDOUGH
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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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Louie
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Look at the spread:

Price 0.0084 Up: .0036 75.00%
Bid 0.008 [-]
Ask 0.0089
5000 x 5000
Volume 11,558,338

I always get nervous with a spread like that on a downtick...

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Louie

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HossTrader
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A tiny little bit of buying pressure at this point should make it pop

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I just want to make enough money to be eccentric.

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rickpic
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take a look at where BTSI is based on 15 million barrels in proven reserves and 33 million in probable reserves.

Here with TWOG we have 20% or 35m barrels of proven reserves out of 175m barrels, plus the gas reserves.

BTSI is .026 and ran to .057 on there above news.

TWOG hasn't even started to run yet!

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Nothing moves a sub like news!!!

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rickpic
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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!

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Nothing moves a sub like news!!!

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Louie
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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...

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Louie

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rickpic
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here comes your opportunity! .0079 is the bid x .0086 ask

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Nothing moves a sub like news!!!

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HossTrader
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There's your dip! LOL

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I just want to make enough money to be eccentric.

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rickpic
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TWOG is now at its all time high volume since changing names from AKOL [Smile]

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Nothing moves a sub like news!!!

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