posted
Bought in today with some chump change. Been looking to buy since .20, but have been waiting for the PPS & RSI to settle down after the big run. Chart looking good now. Will start buying more as additional funds are freed up. I agree with Investor on this one. Low float, etc. Definitely a big money maker long term.
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
Definitely looking to break $0.05 tomorrow. It will touch $0.10 in no time. I guess a 3-4 day run is coming. Don't know how high it will go. Will be watching it tomorrow
Posts: 86 | Registered: Nov 2005
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posted
I couldn't agree more ridethewave, I hope you're along for the ride. I'm a little mad I wasn't able to get more at .04. Oh well, maybe BKMP will be worth keeping my money in.
posted
Yes. I am in for the ride. Based on the volume and chart, I am guessing that this may touch mid 6's tomorrow with high of 7's. It will touch 0.10 either later monday or by tuesday morning but need some good new at that point to sustain 0.10. Let's see how it goes next few days
Posts: 86 | Registered: Nov 2005
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posted
It's been awhile since any news, wouldn't doubt to see something tomorrow. When I spoke to the company yesterday, I asked the guy if he would be updating the shareholders any time soon, and he said the company has been good at updating the shareholders and something about when things settle down, there would be more news. I'm not sure what that intells, just passing along what he said. The next several months will be very interesting though, and I'm excited to see how things progress.
posted
Today, tomorrow, next year this stock, with these orders will be several dollars. At $1 its only valued at 97 million. They have 1.5 billion in orders. This could be $10 in the blink of an eye.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Do you know what kind of funding they have? I've emailed them a couple times, because my only concern is that they'll dillute...but they haven't responded. I haven't been able to find the a/s either.
Posts: 53 | Registered: Apr 2006
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posted
Even if they double there share count, "which I don't see them doing that because they haven't issued a share in many years" the company would only have around 180 million out. At $1 it would be valued at $180 million. That is still way undervalued. I think they will contact Inv. Banks, and maybe private P.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Like I said, you can't keep a good stock down for long. Up 25%. Patience is key in this game.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
WOW, I just got an email back. This is OUTSTANG NEWS. Any large scale financing will be done through Debit. The Authorized share count is only 225m. The outstanding is still 97m. They already have several groups to fund the first plant, 150 million dollars. Here is the response from them via email.
Hello
I do not recall a message from you in the office. But anyways the answers to your questions are.
1) We are a public company of course we will do equity funding its the whole reason you go public. We tightly control however when and how we do these funding. Large scale funding as in our project financing will be done thru debt we have several groups already involved in our first 10,000 bbd plan which we will be funded to 150M to construct the plant.
2) Authorized share count is 250M
3) outstanding is 97,455,619 there however is only 37,206,835 in the public float the rest is escrowed insider stock. The public float is pretty tightly held with 4-5 large investors whom are for the long term.
Regards
W2 Energy
Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by The Green Demon: I am new to this stock, what is the target and can someone give me a brief rundown
1.Low Outstanding Share count 2.No dilution 3.7 bio-diesel plants within 2 years 4.All financed through debt. 5.1.5 billion in future contract. What’s not to like. This stock was at .51 a couple of months ago with far less news.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
I picked up 100k more this morning. Total shares 400k. This one will stay in my Portfolio for the long haul. Also, applying to the American stock exchange. I think they will get it. If you look at the requirements, your stock can be any price if you have over 50 million in revs.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Thanks Investor, those were the only questions left in my mind. I think this will be huge, as soon as the AMEX goes through, I'll be kicking myself for not freeing up money at .04 to buy another 50k. Thanks for the info.
quote:Originally posted by cassity: Thanks Investor, those were the only questions left in my mind. I think this will be huge, as soon as the AMEX goes through, I'll be kicking myself for not freeing up money at .04 to buy another 50k. Thanks for the info.
No problem. Its funny to me that traders can't tell the difference between a trading stock, and an investment. This is the best INVETMENT around. This stock is a gift at these levels.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
well, i didn't expect a lot on friday, still a good close. not pumping up, but the chart looks really good for another spike next week
Posts: 86 | Registered: Nov 2005
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posted
Chart or no chart, the fundamentals are incredible. This is not a trading stock for me, this is an investment.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
I think this will see .10 this week. The float is to low, the potential is to high.
Posts: 4381 | From: houston | Registered: Mar 2006
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