posted
same sh$^ different day. gap up AM, then do nothing all day, and a little up at the end.
Posts: 177 | From: Quebec | Registered: Mar 2006
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posted
It may continue it's pattern of AM gap up, sloooow decline all day with some flickering up and down with a subtle push upward in the last 30 minutes. Good for flipping, but would HATE to get caught with my pants around my ankles if the right news comes out on this company.
As with ALL pinksheet stocks...this carries its own weight of uncertainty......but it sure does look GREAT! Nice financial report today, open CEO, future endeavors look astounding even if half accurate.
Posts: 27 | From: San Diego | Registered: May 2006
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PGPM has been the most interesting little stock I've seen in the last few weeks. I nice PR, lots of buz on the web and good trading activity.
Posts: 2498 | Registered: Mar 2006
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Can anyone post some L2's for me can't get L2's for this one... Is there more selling than buying going on???
Posts: 448 | From: New Jersey | Registered: Aug 2005
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Not the best opener but looks to be a great buying opp...I would wait for the ask to hit .13 and then jump on it like a fat kid jumps on a bed at a friends sleepover.
Posts: 85 | From: San Antonio | Registered: Apr 2006
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**it I just bought in at .15 yesterday... Does anyone know when the next anticipated PR will be for this one???
Posts: 448 | From: New Jersey | Registered: Aug 2005
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PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/04/06 0.1700 0.2200 0.1600 0.1700 unch 748918 unch%
Composite Indicator Trend Spotter TM Buy
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 Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 7265545
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 - 3028026
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1676961
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1700 0.0900 0.1700 0.2500
-------------------- GOD BLESS AMERICA, THE UNION, AND ALL OF OUR VETERANS!!!!!!! Posts: 464 | From: ILLINOIS | Registered: Feb 2006
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ill just hold my shares i got yesterday at .14 for a while... summer isn't even here yet!
Posts: 2794 | From: nyc | Registered: Aug 2005
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Relax, every day it has fallen to 13 cents. Nice base. Now its headed back up. If you are gonna freak every time it dips, then go invest in the blue chips.
Once again a nice spike looks to be coming after a fairly large MM shake. Stick in there and you won't regret it. Don't let the shakes get you out.
Posts: 383 | Registered: Apr 2006
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Apollyon, yeah, these whiners buy high, sell low... but they'll be back on the next PR buying high, and then when it drops, they'll whine again.
Really should be an IQ test to play the market.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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Thanks for your email and support, I will try to answer your questions without speculate on details:
1) Can we fully expect additional press releases from the company in the VERY near future? Approximately in the next 5-10 business days?
A: Yes, we hire a IR company in charge of all related issues and activities in the near future.
2) What is their timeframe to have properties developed and producing revs in the next year?
A:We are working towards a goal 250 wells by the end of the year, without incur on additional workforce and debt. This may change if the oil prices increase substantially.
3) What is their capital outlay compared to income prior to these properties producing a viable rev stream? A:Our revenue stream is our working capital, we don't have line of credit or loans. We finance the entire project trough equity.
4) What is their expectations of multiple shallow wells to reduce drill time and costs?
A: The vast majority of our shallow wells where at some point very high producers, have a considerable reserve potential. We finance rework, pulling and rig time with the income generated out of those wells.
5) It was mentioned that they exceeded their previous guidance. What WAS the guidance and can they discuss the new guidance?
A:Our Guidance is the budget establish early last year at $40 barrel our new Guidance is $ 55 barrel for the rest of the year.
6) Are they going to concentrate on crude, or will they be pursuing gas wells as well?
A: At this time only crude, however we are working on a possible join venture with a large oil company to outsource one of our properties with a great Gas potential.
7) Will they be concentrating on shallow holes only?
A: We are pursuing "marginal wells" in general, shallow wells are consider between 800 feet to 2000 feet, we have a large amount of deep wells 3000 feet up to 6000 feet; keep in mind that a "marginal well" for a large company could be 120 bpd, a medium maybe 30 to 50 bpd, for us anything over 2bpd is good and has ROI; our operating cost is really inexpensive.
8) Do they own, or have lease rights to any rigs presently?
A: We own all our leases on 70% or more in most cases and all working interest in the majority of our properties. At this point we only operate and work with properties that we own. We have a significant amount of processing equipment and few vehicles including a portable rig; however we outsource the heavy and sophisticated equipment with our partners.
Posts: 27 | From: San Diego | Registered: May 2006
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6) Are they going to concentrate on crude, or will they be pursuing gas wells as well?
A: At this time only crude, however we are working on a possible join venture with a large oil company to outsource one of our properties with a great Gas potential.
...hummm?!!...it shall blow!!!
-------------------- "Fear is the path to the Dark Side. Fear leads to anger; anger leads to hate; hate leads to suffering. I sense much fear in you." —Yoda Posts: 93 | From: Sacramento | Registered: Mar 2006
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Why on earth wouldn't they release THAT type of info...info people can actually use and think about? I guess they will later on ,lol...
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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