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The bob uecker of pinks.. lol. interest is gaining, OMOG is getting more and more volume by the day. Im looking for this to run into the summer. Had another good day today. remember when this sat at .004... Hey adam, ceo, how about a pr that says OMOG will pursue ethanol... that would be nice. combine that with a settlement and this thing goes nuts. wish, these may be cheap shares right now. around .006
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After talking with them yesterday it appears that the only thing holding up the settlement is that they are making sure that all properties are clear of liens, and it sounds like there are a lot of properties. The person i talked to said that this has all been done through the court and both sides signed the agrreement. Still have to wait to see it finalized. The other deal is still on, but most of their effort is being spent trying to wrap up the settlement.
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I agree .006 is most likely going to be real cheap shares. I look at other oil stocks and their prices and these are cheap shares for what OMOG now has. We know that spring and summer has always help the pps. of oil stocks.
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I'm always conservative but this should easily go back to .014 or so where it was last summer which is more than double where it is right now. If this settlement adds enough assets, it could shoot the value through the roof!
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This is what is on buy/sell indicators say on tradingday . c o m
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 14141075
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 16643066
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 14726991
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It would be nice if some of those properties had oil producing wells on them. that way omog can put out some sort of future prediction regarding how many barrels of oil they can produce.
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looks good, resistance is being met right now. Im still thinking this goes over a penny and doesnt look back within a month or two... just my guess
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They are being very carefull with this to make sure that everything is clear on the properties like they have been told. I think the next update we will see will be the finalized deal. It is really hard to predict when you have so many properties to check on, but you know one thing that the lawyers are making sure its clear, but they also want their money as soon as possible and they do not want this to go to court especially at this point. My guess is this thing is getting close to being done, but we will see.
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Just notice the thread. Thought I was the only one watching OMOG. Missed a fill today by two points. Not in AM. Look for a gap up. GLTA
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Oil making new highs on it way 100.00 bbl. Gas on it's way to 3.50-5.00 gal. I don't want to be on the side line when the bombs start falling on Iran.
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I reason this one creeps upward is it is starting to get more investors paying attention to it. It has not been a hugh jumper which in some ways is nice, unless you are playing a swing which i am not, but you might see some nice jumps in the coming days.
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I would not make that prediction but anything is possible. I try and take the rise a little at a time, i could see it hitting .03-.04 fairly quickly with good news but i am happy with every time a stock goes up and not down. The thing i like about this company over a lot of other pinks is that it appears to be real and it seems to have a good CEO. We are also coming into a good time of the year for oil stocks and i still think this ones pps. can grow without any news. I also think this settlement will go through unless OMOG decides that some of these properties have to many liens, which i don't think will happen. Do not rely on just my opinion because this is my speculation on my research and i feel real comfortable with them but that does not make it a money back guareentee. I do have fun posting on this one as you can see.
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it will easily go .03-.04 if they get cash and wells that are producing. Maybe even higher than that.. There is a lot of people that are holding onto this with faith in adam. So the buying pressure will really heat up with news. People really believe in this company. They've been tied up in this litigation for a yr now, adam even admitted that he was only pursuing litigation, not oil, and told his investors to be patient.. that was a yr ago. our patience may pay off soon in a big way.
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I see to make $ you gotta go in big, but gotta start somewhere right Wish, thanks for the info & I did do my DD before I got into this one as well...
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These would be real assets, I really see it going a lot higher if they get all that back and i think thats what they will get, but we have to wait. I see it more like .08-.10 with the spike in oil prices, some of these would be pumping wells plus money and property with wells that a lot of other companies would love to buy.
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quote:Originally posted by IWISHIHAD: These would be real assets, I really see it going a lot higher if they get all that back and i think thats what they will get, but we have to wait. I see it more like .08-.10 with the spike in oil prices, some of these would be pumping wells plus money and property with wells that a lot of other companies would love to buy.
looking at ndol..... yep you may be right.
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that sounds about right kay, thanks. Im really liking this slow rise. Still holding my opinion this goes above a penny soon, and adam does a big "i told you so.. to investors that lost patience".
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I like that he is careful not to put out silly PRs that don't say anything. For anyone who is just joining, Adam was a penny stock investor like us who didn't like how things were going with OMOG so he bought enough stock to take over the company. It is interesting reading on their website.
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