posted
tnx ace,I WONT believe a word YOU say,potty mouth. So NOW "everyone knew". LMAO. As for where your mouth is and whats in it....dont EVEN want to think about it!!!
-------------------- It takes a lot of attaboys to make up for an aww chit Posts: 483 | From: OK | Registered: Aug 2005
| IP: Logged |
posted
your funny man.....i could care less what you believe. i bet you feel real good about this one....being right on an internet forum. Yo straight up, im worried about my cash, i could care less about being right dog. I hoped they had more then what they said they did. As a matter of fact I bet some of my money on it. Never thought they had 900 million barrels. never cared whether they did or not. Just want to make a quick buck dog. On to the next play. quit catching feelings.....seriously.....its kinda weird..
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
Somehow I became the scape goat on this one....I liked it, I was in it...I was never preaching the gospel according to pgpm....i was on here breaking repo's balls, yeah sure....not for nothing tho, you guys take some of this **** a little too seriously...
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
without a doubt...talking about what you read on this forum..
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
The forum is supposed to be used to gain DD about a stock to make any decision you like. I don't see you offering any serious DD. Therefore, why are you here? If you want to play around and joke with others, or, as you call it, "bust balls", maybe AOL chatrooms are more suitable for your goals.
We are here to learn, gain insight, and profit. The sandbox is elsewhere.
Posts: 136 | Registered: May 2006
| IP: Logged |
Normaly I would tend to agree with you, but the Gustavson report clearly states the estimated value of PGPM's current wells at $40 mil, and, the costs at $10 mil ( or 25% ) .
Hence, $30 mil ($40-$10) divided by O/S = .09
I am out.
Yes you have to be skeptical about investing in pink/pennies, but as with any stock....as soon as the company lies to it's shareholders or is found to be fraudulant in any way, run for the hills !
Plain and simple. PGPM is ESTIMATED to be worth .09.....based on the supposition that 2/3 wells will be profitable.....what if only 1/2 wells are profitable.....the the value declines less than .09 .
The majority of pink investors put there money in these stocks for anticipated value gain ( even with all the associated risks involved) .
With PGPM, we are at their value, .09. Nothing more coming unless PGPM will buy more sites.
DONT'T FORGET......PGPM just had a recent acquisition ( May 26th announcemet ).....which means that PGPM's value was even LESS than .09, before this acquisition !!
Talk about BS !!
Talk about BS......PGPM purchased the Wichita Texas lease to BOOST the value that would be forthcoming in the Gustavson report.
If PGPM did not acquire the latest lease, the value of PGPM would probably only be worth .05 or even less.
Isn't it funny how this report came out on the tail of their recent acquisition ?
Can someone say consipracy ? BS ?
I am sorry, PGPM has lost ALL credibility (even for a penny stock), and, there is no anticipated increase in value beyond .09 ( unless they purchase new oil sites ) .
But, would you believe PGPM if they said that they acquired new sites and gave out estimations?
Too many qustions, and, too many other Pink/OTC oil plays that offer better investment potential .
Because of PGPM management's May 1st PR.....and today's subsequent valid report.....everything from PGPM becomes suspect.
GLTA if you you can stomach a stock who intentially misrepresents it's assets. And make no mistake.....the May 1st PR was a calculated deception......these are not oil newbies !
Out and into another oil play. GLTA.
Posts: 63 | From: Canada | Registered: May 2006
| IP: Logged |
posted
haha...be mad b-tch....just cause i got caught up in some bs with repo for a hot second doesnt mean **** about me....dont be mad at me cause this **** didnt run like we all thought it would.....your acting like a menstruating *****....
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
your using this as your dd?? I feel sorry for you dude...use your head....do your own dd....or keep believing the hype you read on the stock forums and be a victim..dont blame me tho..seriously
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
interesting point brought up on ihub... Why would they release this report knowing it would kill the stocks value. They didnt really have to.. . and who is buying all this sht if its such a pos. Just some thoughts.
-------------------- "Money, so they say Is the root of all evil today." Posts: 228 | From: NE, PA | Registered: Mar 2006
| IP: Logged |
posted
your guess is as good as mine js....i didnt think a company would spend good money to prove it isnt worth what it said it was...
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
Yes...those thoughts have crossed my mind as well...I have been watching this closely and there is a hell of a lot of buying going on....I held on to my shares here today because something just doesn't add up...
quote:Originally posted by js49886: interesting point brought up on ihub... Why would they release this report knowing it would kill the stocks value. They didnt really have to.. . and who is buying all this sht if its such a pos. Just some thoughts.
-------------------- ***********************
It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
| IP: Logged |
posted
Maybe they had to because their first PR was so blatantly false that they were afraid of lawsuits.
Posts: 136 | Registered: May 2006
| IP: Logged |
posted
i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
Ace, I'd like to apologize for singling you out earlier. I thought I had read yesterday that you were the same as that San Diego Joe guy who kept coming on here and pumping with different names. I think I was wrong. Being excited about the prospects of a stock is entirely different than intentionally pumping a stock by lying to the board.
Again, sorry.
quote:Originally posted by acemidland: i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
nah man thats not me. I was agreeing with San Diego Joe, but i was genuinely excited about this stock. I took a good size hit today. All this guy had to do was be 25% truthful with investors and he couldnt even do that....I liked our odds.....didnt pan out...it sucks
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
quote:Originally posted by acemidland: i dunno man....made a few bucks initially but this hurt...i was planning for .20-.25 today....im sure many others were as well....all joking and effing around aside...
yea, tell me about it.. i was up like $30k yesterday, woke up this morning, it was all gone.. and kick me while i'm down, AURC is bleeding too..
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
| IP: Logged |
posted
and to top it off i jumped back out * .09 after initally buying in...theres talk of a PR on ihub to explain the pr....some people are saying it could go back up...what a kick in the nuts that would be....
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
a negative PR came out this morning regarding the actually amount of oil they could had as compared to the original claims..
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
Posts: 136 | Registered: May 2006
| IP: Logged |
posted
Beautiful...now we have another stock prophet...just what we need on this thread...more B***S***... Thank you o-wise one, I'll make sure that I act on your every word...
quote:Originally posted by GhostRM: It's not going back up. What you have to realize is that the reason why this rocketed from .001 to .10 is because of MOMO, and MM's not having shares inventory. When the first PR hit, everyone went to buy. With no shares in inventory, MM's basically do nothing except represent traders' orders. All traders were buying that day.
However, once MM's were able to buy shares themselves, and continue to accumulate, they could stop any future run from happening by selling into any buying frenzy. Will it ever run again? Possibly, but it will be a long time in the future when many of the current MM's bleed off their inventory.
The key to any run of that size is to catch the MM's without a supply of shares. The PR could have said that the company found Aliens in TX. With that MOMO (remember, Shakerzz and Bull ster picked it), it would have risen.
-------------------- ***********************
It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
| IP: Logged |
posted
i know ghost....my hope were that with a pr saying the company had anything over 100 million potential barrels of recoverable oil that the stock would make some kind of run....even with the mm's with the shares on hand that they had.....
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
| IP: Logged |
posted
I'm not saying I know the future, that's my interpretation of this stock's movement since the initial jump. If you disagree, instead of name calling, how about some facts or logical interpretations?
Posts: 136 | Registered: May 2006
| IP: Logged |
posted
"It's not going back up"..."but it will be a long time in the future"...sound like future telling statements to me...The truth is that NO ONE knows what any of these pennies are going to do at any given time...
-------------------- ***********************
It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
| IP: Logged |
posted
Ok, so we should not make predictions? Is that Allstocks policy? No predictions, no DD, just name calling and useless banter? What a site!
Posts: 136 | Registered: May 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
