posted
By the reaction of the Iran 'letter' today, it seems that it wouldn't take a lot to see $50 oil again......
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
jazzy1, saw your post on another thread have you heard something about news or just hoping like myself. Thanks
Posts: 95 | From: IRAQ | Registered: Apr 2006
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Energy Micro Caps Gain Up to 800 Percent in One Day
PrimeZone via COMTEX
May 8, 2006 7:00:18 AM
SCOTTSDALE, Ariz., May 8, 2006 (PRIMEZONE via COMTEX News Network) --
Penny Stock investment newsletters continued their successful coverage of energy stocks in the Micro Cap market last week showing gains of up to 800% on the day as tracked by the QualityStocks investment newsletter tracking service.
Quality Stocks is a free service that collates the Micro Cap Stock Picks featured by over 150 online Investment Newsletters into one free Daily Newsletter Report showing the Winners and Losers on the day. By following our free newsletter, traders can spot the more successful investment newsletters for particular sectors or price trading ranges.
Pilgrim Petroleum Corporation (Pink Sheets:PGPM) gained 809% on May 1st to close at $0.10 after announcing record income for the quarter. The stock went on to close up the week another 50% at $0.152.
First Petroleum & Pipeline Inc. (Pink Sheets:FPPL) gained 153% on May 2 to close at $0.021. Last news from the company was on April 7, 2006 when it announced that is had secured the rights to eleven Federal Oil & Gas Leases in the States of Wyoming, New Mexico and Colorado.
Nord Oil International Inc. (Pink Sheets:NDOL) closed up 90% on May 4 at $1.36 on strong trading after announcing an unsolicited offer had been made for 100% of the total outstanding shares of Nord Oil International Inc. for a transaction estimated at approximately $500 million. The stock previously gained 1000% in April.
INSEQ Corporation (OTCBB:INSQ) saw a 25% gain in share price on Friday to close at $ 0.0059 after the company announced a reduction of its common shares outstanding by 3,000,000,000 shares from 4,948,173,844 to 1,948,173,844 shares outstanding.
All of the above companies received investor coverage from penny stock investment newsletters through last week.
Posts: 268 | From: New York | Registered: Mar 2005
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posted
I'm out at .017. I see it dropping quite a bit more before it recovers. I will buy back in if it dips to .010.
Posts: 113 | Registered: Apr 2006
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posted
Do you know when the next PR is due? The charts give a very bullish sign, Im stayin to to the atleast the end of the week! I see it going up by then esp with a PR!
Posts: 252 | Registered: Apr 2006
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posted
Are we all just predicting because IMHO none of us knows what this is going to do eod let alone in an hour or when a pr is comming out.
Posts: 1086 | Registered: Oct 2005
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posted
FPPL looks like a pennant formation on the charts which is good for next leg up in classical chart analysis. I hope those in this one are calling corporate to let them know that a pr would be very timely now with oil the focus of attention. good luck
Posts: 660 | From: california | Registered: Nov 2005
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posted
I've been wondering the same thing. ALl the talk is about how this is ready to explode and it just ain't happenin'. Ohio, did you get in IPRE?
Posts: 2132 | Registered: Sep 2004
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quote:Originally posted by amswap: I've been wondering the same thing. ALl the talk is about how this is ready to explode and it just ain't happenin'. Ohio, did you get in IPRE?
no i didn't its up big...did u get in?
Posts: 1551 | Registered: Feb 2006
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posted
Yes, I got in at .005 last month and then averaged down when it dropped. I'm up 200% right now. Still a good time to get in IMO.
Posts: 2132 | Registered: Sep 2004
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posted
I'm really confused by the lack of attention this is getting. If the owners cared a flip about the value, why haven't they put out a pr by now?
Posts: 2132 | Registered: Sep 2004
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posted
oil is back over $72 - we should start seeing oil stocks in general rally along with FPPL and PGPM that saw some profit taking after oil corrected - IMO
Posts: 268 | From: New York | Registered: Mar 2005
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posted
WOW, this hurts for a guy in at .018. I know bad buy price but who saw OIL just shutting down especially comming into summer. well I have no choice must hold and hope we dont go sub penny. Any words of wisdom for a newbie. I am getting killed across the board today.
Posts: 95 | From: IRAQ | Registered: Apr 2006
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posted
No fun around here anymore. We just have to hope it comes back up with summer approaching. Tough to get rid of something with this much potential...
Posts: 3 | From: Baton Rouge | Registered: May 2006
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posted
IPE crude over $73 it's time for FPPL to come out with an update . Last two pr's have been on a friday and monday...http://www.bloomberg.com/energy/
Posts: 660 | From: california | Registered: Nov 2005
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posted
For this to move we need a Pr.This was good last week and this week not good.Hoping for a pr pick me up.
Posts: 1086 | Registered: Oct 2005
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