posted
MM's are only filling orders at the ask when someone else puts in a sell between the bid & ask...scalping the he77 out of it, but NOT selling their own inventory...
posted
if subpennyradio was what has caused my shares to dump, then the guy needs to get some REAL job. that piece of whatever you call him is a pumpanddumpster who keeps pumping his holds and dumps any in which he or his "followers" do not have a position. he sure does have lot of followers though in lot of boards, but he better not mess with my holdings unless he wants another alex. whatever he says, this stock has ran because it is good stock to hold onto, and market will reveal the truth, not the subpenny radio guy. GLTA in this and , I have done my DD on this and the assets that CEO claims are not some junk, but can be easily verified.
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posted
Day first of all chill dude... Simon does not give buy or sell advice but just analyzes the stock to see what it will do the next day... DD is key in this pennyland market but a little advice from someone of Simon's caliber does not hurt either. I sold this stock on his interpretation of what it was going to do today at .11 if I had not gotten out I would have gotten stuck holding the bag.... Simon is not a pumper and dumper so just back off dude...
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posted
I like Simon's Show but I got out this morning due to the fact that this stock kept dropping lower and lower day by day. I did not know Simon said it would drop. Guys alwys do your DD before buying and selling... it doesnt always save you but information helps you ALOT !
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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posted
what about SFDE net? are you still in it? how has his "advice" worked for you? not just oen but many.. anyways, i dont want to get into technicals. he analyzes charts, I am sure if you get little of your fundamentals on charts, you can do as good as him or even better. now, ask anyone and they would say his statements are not purely based on charts. he despises stock that he doesnt hold IMO. ask him about NDOL and he would give you what he thinks. w/e, maybe you can tell me why you got into this stock and weather you have done your DD on it, and then analyse charts based on run. anyone who has been playing this would tell you that this stock has bounced nicely from 0.12, in recent times after the huge run. I am sure many have taken losses and got rid of this thing, and thats why this has tanked. now if you have taken losses and sold this thing purely based on his recommendation, thats what I feel sorry for. I am not really worried because I have made more than 400% profit on this stock, the only thing that bothers me that just based on soembodys recommendations, people without trusting their own DD's and without using their technical knowledge, are dumping and taking losses. GLTY on this.
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posted
bouncing back, I see some sales at $0.09, Like I said before, seems like alot of panic selling going on. Guess some arnt used to pennies. Im still in, whether its good or bad I'll find out. You know this will jump with info about SEC filings or oil. I emailed Pinedo looking for more info about this 3rd party doing the reserve report, when they expect it to be completed etc. And also their status with there sec filings from last Wed. Does everyone only go by what they see on these board? ahhh
-------------------- "Money, so they say Is the root of all evil today."
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I Emailed them regaurding the reserve report( who is doing it, when its expected to be done, etc.) & the SEC files (about becoming a fully reporting company), looking as to when they plan on releaseing info about it. Here's what I got back.
"John
In a day or so we will have a press release about both subjects with all details. Best Regards
Rafael Pinedo"
Should clear things up, maybe send the pps up....
-------------------- "Money, so they say Is the root of all evil today."
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posted
cannot wait for another day. this thing really kicked me bad. down so much in two days. a lot of guys said its potential. right now, i am starting shaking down.
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posted
This was posted over at market millionaires yesterday at 3:00PM Someone has a crystal ball!
When I call Eddie today this is what I got...
He said to expect the price to drop to .065/.06 a share before it goes back up, that his experts are telling him it will be down to .08. By the end of the year he said it should be at .25.
He said that there are some Chinese investors that are heavy in to this company, that is why their website is in Chinese as well. He didn't/wouldn't say much on the Canada prospects.
When I asked about the $33/share PR he said that if they were to be acquired that is what they think they are worth. "If all the Oil was pump out to day they would be worth $33+ per share."
Maybe you can ask question that I didn't ask and glean more info.
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quote:Originally posted by Repoman75: Netfreak = Simon
Thanks for the compliment Repoman75 no I am not Simon but rely on some of his knowledge coupled with my DD before making any but or sell decisions. Again remember Simon does not give buy or sell recommendations just insight. By the way listen to subpenny radio and you will notice that netfreak calls in (yours truly) to talk to Simon. Good magic tric Netfreak talking to Simon
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Pilgrim Petroleum Announces Contract with Basic Energy Services IRVING, Texas--(BUSINESS WIRE)--May 18, 2006--Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce an exclusive contract with Basic Energy Services (NYSE:BAS). Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.
Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.
Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "We are looking forward to working with Basic Services; they bring a solid reputation for quality service with good people and equipment."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production. Purchasing shares in Pilgrim Petroleum Corporation involves a speculative investment with substantial risks, and although the Company intends to use its best efforts to enhance the value of the Shares, there is no assurance that the Company's operations will be successful. Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Pilgrim Petroleum actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: the potential that no commercial quantities of oil are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing and risks inherent in Pilgrim Petroleum Corporation operations. These and other risks are described in Pilgrim Petroleum Form 15c211.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein
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posted
maybe this one will help to break... *********************** bellwetherreport.com: The Bellwether Report Issues a Mid-Day Alert for GoldSpring, Inc via COMTEX
May 18, 2006
May 18, 2006 (M2 PRESSWIRE via COMTEX News Network) --
GoldSpring, Inc (OTCBB:GSPG), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
GoldSpring, Inc a North American precious metals mining company with an operating gold and silver mine in northern Nevada, this morning released results from the Plum Mine operation for the quarter ended March 31, 2006.
The Plum Mine realized a first time ever net profit of $52,030 for the first quarter 2006, compared to a loss of $817,630 for the first quarter 2005. The Company sold 992 ounces of gold at an average price of $542 per ounce during the first quarter of 2006, generating revenue of $537,806. During the same period in 2005, the Company sold 1,192 ounces of gold at an average price of $429 per ounce, generating revenue of $512,091. The Company's ability to achieve profit success is largely due to the efforts of its management to implement its operational improvement plan, as further detailed in this press release.
This first ever profit from first quarter 2006 gold production at the Plum Mine is especially significant as production was hampered by unusually heavy precipitation in northern Nevada from mid-December 2005 through February 2006.
Jim Golden, Goldspring's mining executive, said, "We are starting to experience the benefits of the operational improvement program that we initiated in 2005. Most recently, we have made the decision to take over our mining operations, which were previously performed by an outside contractor. We plan to have our mining operation in place by the end of May 2006. Based on our mine plan and internal calculations, we anticipate that taking over the mining operations will reduce our gold production costs by $40 per ounce, resulting in a production cost of less than $350 per ounce." Over the next two months, the Company will be ramping up gold production and expects monthly production to reach 1,200 ounces of gold by mid-summer 2006.
Jim Golden stated, "As a result of the ongoing development of the mine plan, the average grade of our ore has increased, further benefiting our results."
This morning this company announced that that Jim Golden, licensed mining engineer, has been appointed Chief Operating Officer. In November 2005, GoldSpring retained Mr. Golden to conduct a comprehensive review of all aspects of the Plum Mine operation, including the overall mine plan, with the objective of maximizing efficiency, increasing production, and reducing costs. Mr. Golden assembled a team of professional mining consultants, who are recognized experts in their respective disciplines, to assist in his review of the operation. The Company has been implementing the team's recommendations for the past few months and is starting to recognize the benefits of the operational improvements. Through the implementation of the team's recommendations, the Company recorded its first quarterly profit from operations in the first quarter of 2006.
GoldSpring's President and CEO, Rob Faber, said, "We are excited to have Jim Golden as an officer of our Company. Jim brings a wealth of industry experience and professionalism to GoldSpring, and we expect to reap many positive rewards from having him as a member of our team."
Following this announcement shares of GoldSpring traded up just over 1.0% on very strong volume as this company consistently trades well over 10 million shares a day. At $0.0137, this company is a great value when compared to its 52-week high of $0.1, which it traded at in July 2005. The company made operational improvements back in 2005, and are now seeing the benefits from that, this company has a lot of potential and I fell still has the opportunity to do great things. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like GoldSpring, Inc, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
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