posted
Price looking very good. With over 6000 shareholders and a float of 350 mil and legally shorted shares of 750 mil (same as OS) that makes it 183,333 shares per person.
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Are you aware TNOG traded about a billion shares in the last two months. That nearly covers all the shares in the market, including float shares and short shares. TNOG good company, nice stock.
posted
Keep an eye on TNOG, and remember any shares you can get near or bellow a cent are precious since there are over 6000 shareholders, most of whom bought a lot higher
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I show 0066x0067...it was .0140 yesterday. This was not bad news today, I'm going in although I don't like pinkies....I'll take my chances with a 50% decrease since yesterday morning.
-------------------- I may be wrong, but I don't think so....
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Explorer, have you lost contact with reality? I have been in this stock for months and very positive about it. But the evidence is that these people are not very good at this business. It went up on oil prospects not water for crying out loud. Of course the drop is justified. You make me question your motives sir.
-------------------- If you don't have instincts, get out. If you do; go with them.
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My motive, like many still in TNOG, is being down significantly. I've contacted Clayton to clarify the situation. Even if the worst is realized, I think this stock is still due for a bounce since it's not some dilutive crap like other stocks.
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By: mniner1 17 Nov 2005, 10:39 AM EST Msg. 109217 of 109239 (This msg. is a reply to 109207 by bmazisrbsdaddy.) Jump to msg. # bmaz...got this from Clayton five minutes ago...
Thanks for the words of encouragement. The art of PR is to take as many punches without falling down. I believe this is a real oil and gas company so I am confident that we will continue to develop, one bad well isn't going to stop us. I will keep you posted.
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This will rebound. Look a couple weeks ago when it dropped to .0065...bounced right back to .014 and I kicked myself for not jumping back in then.
I'm back in now though. Sold my GZFX yesterday and made a chunk so I tossed a few hundred back into TNOG.
1 bad well isn't the end of the world.
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Using one of the Wells to pump water into so the other Well can pump at full capacity is'nt all that bad.Hauling off water from a Well producing oil and water can be very costly. We save that money by pumping the water into the bad well. They will continue to drill more wells. Dry holes are NOT that uncommon.
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this thing will probably play in this area until some goooood news comes ,, hello when they do hit oil or gas we see no pps upward trend ive been in this since june and there PRs work wonders and sh*t blunders,,
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