posted
PC don't bother.. anyway, that evaluation shouldn't bring us down, it won't make us jump big as we had hoped but if u estimated with 4mill barrels, it's not bad.. considering the price of oil now..
posted
I agree. Like I said a bit ago, it's not gonna have another huge run, but shouldn't drop any lower really. Just sucks that a lot of people bought into the pumping by SDJoe and that ace guy. I've been holding this since the beginning of the first run, so I'm not worried, I just hate when people intentionaly take advantage of newbies by throwing out ridiculous numbers and getting everyone all excited.
quote:Originally posted by lostone: PC don't bother.. anyway, that evaluation shouldn't bring us down, it won't make us jump big as we had hoped but if u estimated with 4mill barrels, it's not bad.. considering the price of oil now..
posted
I'm kind of new to this whole thread, and I haven't read to much of it. What was so bad about the PR that people jumped ship and got gobbled up? Did people really think there were 900mil barrels of oil. Hope not. I own this one now so take it for what its worth, but what is so bad about 4 mil barrels, add to this every well in area has performed better than the USGS said it would. Guess I dumb, I can understand alittle apprehention, but some people got played pretty well here today.
-------------------- skids are for kids
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posted
Yes, some people really did think there was 900million barrels of oil. Plenty of posters warned that there's not 900million barrels of oil in ALL OF TEXAS, but they were labeled bashers and shorters.
Other posters were saying things like "Well, even if they only have 50% of what they say, that's still $15/share. or if there's only 10% that's $3 a share!"
No one seemed to consider the fact that they'd have less than 1/2 of a percent of their claim.
quote:Originally posted by hawkdriver: I'm kind of new to this whole thread, and I haven't read to much of it. What was so bad about the PR that people jumped ship and got gobbled up? Did people really think there were 900mil barrels of oil. Hope not. I own this one now so take it for what its worth, but what is so bad about 4 mil barrels, add to this every well in area has performed better than the USGS said it would. Guess I dumb, I can understand alittle apprehention, but some people got played pretty well here today.
posted
they need to release a follow up on this.. PGPM needs to get a hang of PR releases, they can't expect every invester to really understand the content of their PR without them saying it straight out.. unless they did it on purpose to drive the price down and for a buy opp. then release something else afterwards.. at least give us the same type of PR they did on May 1st, explaining in regards to the PPS..
posted
dude...this, just like any other pink play, was high risk and hype-laden...this forum should NOT ever be used as an end all and be all of stock moves...if it were this easy everyone here would be rich...you use it as a guide to assess the buzz on a stock and do your own research....I was in this stock and took a hit on my profits from this pr as well...I was not pumpin anything...this **** is risky...sometimes you take a shot sometimes you dont...its on you...dont blame others....
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders"
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posted
Thanks PC, thats too bad. I read the PR, and It did say something like IF all of the 12,000 acres, contained oil. Anyway looks to me like this thing should be worth about 15 cents, based on no multiples.
-------------------- skids are for kids
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posted
I'm going to start an oil company here is SE PA and say "If we owned all of Pennsylvania and every square inch contained oil, our share price would be conservatively valued at $100billion per share. Buy Buy BUY!!!!"
quote:Originally posted by hawkdriver: Thanks PC, thats too bad. I read the PR, and It did say something like IF all of the 12,000 acres, contained oil. Anyway looks to me like this thing should be worth about 15 cents, based on no multiples.
posted
you guys act like your little feelings are hurt because you got suckered...heres an idea dont put the kids college money in penny stocks...other then that, nothings a sure thing. I really wasnt expecting them to say they had 900 million barrels of recoverable oil by any means but i figured they would have at at least 20....**** didn't work out...don't be mad about yo, **** happens
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders"
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posted
It's cool. You do what you have to do. Some people have morals and some are named acemidland. Just trying to help the newer folks learn that there are more people like you than we'd all like to believe.
Like someone else said, at least muggers have the decency to steal from you like a man, not hiding behind a computer.
quote:Originally posted by acemidland: you guys act like your little feelings are hurt because you got suckered...heres an idea dont put the kids college money in penny stocks...other then that, nothings a sure thing. I really wasnt expecting them to say they had 900 million barrels of recoverable oil by any means but i figured they would have at at least 20....**** didn't work out...don't be mad about yo, **** happens
posted
I can't say anyone owes him an apology, his tactics are a bit brash, and he often deserves the backlash he gets. But like someone else said yesterday, filter through the crap and he seems to know what he's talking about.
quote:Originally posted by js49886: Alot or all of the people who were bashing him owe him an appology...
posted
I agree wholeheartedly with the point about not believing what you read here, but I have to point out that being long in a stock one day and short another day isn't necesarily a contradiction. If he bought low, sold high, then short sold because he thought it would drop back down, he would indeed be long one day and short the next.
quote:Originally posted by buck*******: True...claimed to be long in the stock one day then short in it the next...lesson here...don't believe most of what you read here...
quote:Originally posted by Hold-em-er-fold-em: I didnt think you could either! Thats why I dont believe a word he says.
Read his posts the guy contradicts himself numerous times.
Take some time and read through the pages of this thread and you'll see for yourself!
quote:Originally posted by buck*******: You can't....
quote:Originally posted by GhostRM: How can someone short this - isn't Non Marginable? I wish I could have shorted it at .14 too.
posted
dude..thats what im saying...people play the devils adovcate here just to bust balls...dont believe a word you read...everyone knew the ****in co didnt have 900 million barrels of oil, but we were hoping for a more positive pr to drive this thing up. This **** went to 28 cents on hype, it can do it again. people these are p-e-n-n-i-e-s. its all hype and buzz. repoman is full of ****. he has bashed a bunch that ran and pushed many that fell, he happened to be right on this one. I never thought he was totally wrong. I agreed they didnt have 900 million barrels of oil. Just thought theyd have a better pr. get over it. nothing immoral about it. I had my money where my mouth is.
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders"
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posted
Learning lots bout trading from u guys.. Thanks... Hey penny stocks are lots safer that the commodies market... al least you cant loose more than u put in... so with pennies the risk is small and the reward can b gr8... I never put all my eggs in one basket... i "Hit" at least one out every 3 or 4 buys.... so over all i am up.... keep the info comming ... still learning!
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