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I think the pr. today was a great step in the right direction. I think they held this deal(Panola) there just in case they needed extra cash, but in the same token felt this property is worth more than they were selling it for when the deal first started. I think now they will see how much someone is willing to pay as one option or develope it themselves. This tells me that the settlement is much much closer to being done but again not final. One thing i forgot to mention the other day when i talked to them was that they said that bdgr. wanted this thing settled as soon as possible of course who doesn't. As far as CSUA. is concerned i think they have money(they had a sale of some part of their business if i remember correctly) but are looking for investments and oil will continue to be a hot investment, their stock rose real nice when they put out the news of the OMOG deal, but has fallen since, i think investors felt the deal would fall through because so much time had elapsed and they had a time clause in the contract.
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WISH, you called it to a while back, you posted that you talked to omda and they gave you the impression that they didnt need to sell the panola. Nice post, and great job getting to the bottom of things early. everyday im liking this better, especially when omog is living up to its word and is willing to answer questions from investors. Dang this is looking good for us longs...
alright last one I'll post.. i know its cheesy. im addicted to this thing. hah
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The thing that will be nice when OMOG starts to get all these properties back there are so many options of what they can do, sell small parts, sell big parts, work the oil wells themselves, exchange them for other companies stock and money the list goes on and on that's why i feel this thing isn't just going to rise on the settlement news there will be so many other deals and good prs. after that to keep this things pps. going, waiting is still the hard part like always.
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Great pr shows that they aren't on there last legs for cash. When I herd that they were selling panola the first thing that went through my mind was they needed cash.
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They throw a slow fat pitch at the open and noone bought in. I guess being a MM for a thinkly traded stock is pretty boring so that have to do something to occupy their time. LOL
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we are going to see pr after pr come, and they are going to be good. this company is up to good things. people are crazy if they sell right now. just astonished that someone would sell at a loss. oh well.
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gnul, I moved all my accounts to cash last week. I read sometime back that if gold topped 720. the market would not like it and sure nuff, it hit 720+ and the market fell over 200 points in 2 days. Gold and silver will continue to climb because folks are starting to come into that as a safe haven so to speak. Unfortunately for us gold and silver bugs gold would need to be at 2100. adjusted for inflation and it has a way to go. btw. silver usually trades at a 50/1 ratio to gold. 40. silver wouldnt hurt my feelings one bit. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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low volume blues goin on right now. needs to get over 10 mil before going anywhere. i havent been watching. busy doing anything but watch red.
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well i got my email back.. fairly quickly too. Didnt say much just that their lawyers are working to settle their legal matters as quickly as possible and to call them. Oh well ill give this another week and hopefully we hear something
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this is the lowest rsi has been in two months.. MACD looks bad again today, but seems to me that it has to peak negative. i thought today, hopefully by tomorrow. should be a ride back to .009... who knows, stocks are acting screwy today..
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