I have been looking at FDEG for the last few weeks from the StockGuru alert. Sounded very good, and, there is an interview with FDEG as well.
But....the alert says they will start drilling on OR AROUND May 3rd. The previous posts take it for granted that they have started drilling all ready. Maybe I am wrong, but after 2-3 weeks of silence and no PR's ( not even from Stock Guru ), how do we know they are drilling anything ?? Don't they make a PR when drilling starts ??
Another thing, the PR states that they are getting the drills and equipment to be sent to the site.....at the time of the PR, FDEQ had no drill or equipment yet....so.....maybe the delivery is late ??
At the time of the PR several weeks ago, the price was .11, now it is .095 with May 3rd come and gone.
To be honest, I don't think they started drilling yet.
Do your own DD, and, let's use a little logic before jumping the gun and creaming in our jeans on something that most likely did not happen yet.
To be honest, oil plays like NDOL and PGPM for the same PPS, and, FPPL and TNOG for pennies, are the real deal.....UNTIL there is some confirmation from FDEG.
Like I said, there is no news....silence.
My humble opinion, do your DD before investing.
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quote:Originally posted by syracuseO: Only 1 problem guys !!
I have been looking at FDEG for the last few weeks from the StockGuru alert. Sounded very good, and, there is an interview with FDEG as well.
But....the alert says they will start drilling on OR AROUND May 3rd. The previous posts take it for granted that they have started drilling all ready. Maybe I am wrong, but after 2-3 weeks of silence and no PR's ( not even from Stock Guru ), how do we know they are drilling anything ?? Don't they make a PR when drilling starts ??
Another thing, the PR states that they are getting the drills and equipment to be sent to the site.....at the time of the PR, FDEQ had no drill or equipment yet....so.....maybe the delivery is late ??
At the time of the PR several weeks ago, the price was .11, now it is .095 with May 3rd come and gone.
To be honest, I don't think they started drilling yet.
Do your own DD, and, let's use a little logic before jumping the gun and creaming in our jeans on something that most likely did not happen yet.
To be honest, oil plays like NDOL and PGPM for the same PPS, and, FPPL and TNOG for pennies, are the real deal.....UNTIL there is some confirmation from FDEG.
Like I said, there is no news....silence.
My humble opinion, do your DD before investing.
Sounds like you have jumped to the conclusion that nothing is happening! Does NDOL put out a PR on every drill that has begun? Nope, and MVOG never did either other than to reiterate the progress. Also, if drilling hasn't commenced, then when is a better time to get on the stock, before or after the PR??? My humble opinion is that you need to do more DD and avoid investing in this stock as it is not for you my friend.
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posted
Not sure if any of you have seen this article before in one of the local papers.
Officials of Las Vegas-based Friendly Energy Corp. have announced that through its joint venture partner, a drill rig is being negotiated for the Peach Creek West Prospect and could be made available to begin drilling within the next four weeks.
This would result in the development of both the Asher Prospect and the Peach Creek West Prospect simultaneously. The company has committed to a 50 percent working interest of the Asher Prospect on the western edge of the giant St. Louis oil field in Pottawatomie County, central Oklahoma. This commitment on behalf of the company is up to $375,000 dry hole costs.
posted
RULES.....Only 1 problem with your pumping....
FDEG doesn't seem to have a website !
I need to do more DD ? You can't even get your own information, you need to pump from "hawkdriver " ( previous emails ) .
Your nieve dribble about pumping this stock over the last 2 days ( 14 posts ! ). By gosh, your are occumpying every 2nd post with your pumping !!
getting back to REALITY.... I am INTERESTED in this stock, but, when I see the stock go from .01 ( Nov/05 ) to .19 ( Mar/06 ) based on the same hype that is currently being PR'd; then the stock dives to .09 because since Sept. 05 to April/06, all FDEG did was spew the same seismic this and sismic that, give their best guestimate, and, say they are in process of obtaining the drills....and nothing happens for 6 months !
Since the stock tanked to .09, FDEG decided they better so something fast or else they will visit penny (.01 ) land once again ! So they higher Stock Guru for marketing.
Now, anyone following Stock Guru, knows that he make repeated email alerts for all his stocks, over and over again. You know what ? He did FDEG only 1 time.....very unusual.
And no, NDOL may not put out a PR on every drill, but if you pay a marketing firm like Stock Guru to advertise your FIRST drilling....then i would say , yes, perhaps I DO expect there to be some PR about the confirmed drilling underway.
Again, as I said I am interested in FDEG...most likely way before it came into your headlights...but, to act like this is the next Microsoft or Amazon.com, and, sounding like you are wetting your pants over the last 14 posts....please !
Yes, a little DD is warranted. Go to Yahoo Finance and check out the last 6 months of PR's, and, you will find the same information being touted repeatedly...again, ever since the PPS started to tank 50% and swiftly moving lower.
If FDEG turns out to be big, GREAT ! I will get in when the PR comes out.....
And if you are so experienced with oil stocks "because I continue to make money"...well good for you...but, just because a stock comes along and is "into" oil and gas, is NO gaurantee that it is a winner. If you added up all the oil and gas stocks on the market, much less than half of them are going anywhere.
We will all be watching this week for FDEG, and, I sincerely DO hope that it has something to offer.
HYPE gets us nowhere fast, except whipsawed.
Oh, and by the way, it is odd that a supposed multi million $$ company like FDEG, has no website. Just a thought. A little odd.....
posted
actually they do have a website and it is pretty good. alot of good info there. http://www.fdeg.biz/index.htm
I also have to agree with you about the pumping. It is a little out of hand but everything I have posted as been my own DD that I am trying to gather on this company. Turns out the areas they are "drilling" in are no where near me, so there goes the idea of checking it out myself.
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Thanks for the website.....on all the Yahoo PR's there was no website listed. That elliminates one of my concerns.
As mentioned, I am intersted in FDEG, and, have been.....just waiting for something more concrete and make sure that this isn't a farce.
With all the news regarding O&G plays these days, you must tread carefully.....not jump into a stock because they are planning to drill or because someone says so. There are many, many false companies out their, stating they are into oil and gas, and trying to make a buck off the very anxious investors.
Need to do as much DD as possible, and, that is why boards like Allstocks are invaluable for the small investor.....the sharing of information is crucial, and, together we all can make money.
Much appreciate the sharing of info, less the hype !
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posted
The problem with waiting for concrete facts is that you may end up buying at the peak once the PR hits vs. taking a position early, buying on the rumor and then selling on the news.
If the drill date was indeed May 3rd and the financials were submitted May 1st, this stock will probably spike again. Only 10 million in the float. A float like that on a .10 stock is ridiculous. Once the "we found oil" PR hits, you can bet this stock will be hard to buy until those who bought early start selling.
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I saw Roiresearchs thread some days ago. Did some DD on this (only chart reading + statement that they will or are drilling).
If they PR in the near future (doesn't care what as long as it's positve - example : drill has arrived or we put two holes in the ground LOL), it should let the PPS rise.
Why ? Low O/S and float + good news = buying pressure. Bear in mind that the current market value is only 1.3 million.
If you look at the chart :
RSI = below 50 MACD = slighly negative (red line crossed black + just under O) ADX = neutral
This stock has been going sideways since mid March. The volumes have been low.
The 200 AVG is at 0.07 and that looks to me to be the lowest this one could go.
Resistance is at 0.22. This stock has never gone higher.
posted
You have to go back quite a bit in the Yahoo PR's to find a web site on these guys, like last June I think. Syracuse you are correct they may not have started drilling yet. Since they haven't released a PR I expect they have not. I have been watching this company for about three weeks, and if there is one word to sum these guys up, the word would be LATE. They are late with everything, even their filings, but according to there last PR I am expecting drilling to start very soon, and it will be nice to own this one when that happens. I am not pumping this at all, I just expect a drilling PR before the price drops too much. I might be wrong, and I might lose money if I am, but the market being what it is right now, these crappy oil companies fly for no reason, like Dixon last week. This company has a decent shop at releasing a (profitable to me) PR sometime soon. Anyway this is just my opinion. It's all like playing Blackjack, I have 19, and the dealer has 18, what's next?
-------------------- skids are for kids
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posted
SyracuseO~ Hype?? As with any investing, you should always do your own DD. I don't think I have said that in this thread like I always do in all of my threads. I will chalk up your post towards me as you don't know me and where I stand on bogus stocks and bogus hype.
If I believe in a stock, that is because I have already done my own DD. I may not always post everything I find as I don't have that kind of time on certain days. Either way, if you purchase FDEG, don't blame me if it goes to zero. Likewise, if you don't purchase FDEG, don't blame me for why it went up and made hopefully everyone here money except you. Like others here, I am out to make us all money at no one's expense!!! If your post was asking me for more information and DD, I would have tried to provide you with whatever you needed to the best of my ability. However, your post came out warning all and then jumping to conclusions over this or that without any solid facts. It is okay to ask questions and gather more DD for us all to look at but don't be so quick to point the finger and make others like me the bad guy for bringing this stock to everyone's attention.
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Enough said. You are correct, I don't know you or your past history.
Sometimes, I get nervous when I see a post that contains a lot of exclamation points (!!!!!). I realize we are all excited with any potential oil and gas play, with the market the way it is.
I value any advise, information, suggestions, etc that these boards at ALLstocks has to offer. With the sharing of info, we are all much better than going it alone.
Rules....I offer my sincere good luck to you, and, I will be watching FDEG ( as I have been for some time ) .
posted
StockTargets Inc.: Friendly Energy Corporation stock (Pink Sheets: FDEG) sees its investor targets increase following a recent analyst recommendation
By M2 Last Update: 5/8/2006 9:22:39 AM Data provided by
May 08, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on Friendly Energy Corporation (Pink Sheets: FDEG), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich http://www.ttszurich.com. Investors now forecast the stock rising to approximately US$ 0.29 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.255 recently.
Based upon their recommendation, the share price has recently moved from US$ 0.09 to US$ 0.10. The 12 months target by TTS Zurich for the stock is US$ 0.36. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=fdeg.pk. Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Friendly Energy Corporation website is http://www.fdeg.biz.
Friendly Energy Corporation, a growth oriented oil exploration and development company, is poised to take advantage of the current market pricing in the oil and gas industry that have created new opportunities to bring online proven undeveloped reserves, with very little downside risk to the company.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc. Tel: +41 22 700 7648
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quote:Originally posted by Double Diamond: Can't you write one ???? LOL
Sure I can:
Pr News:
We struck oil.......lots of it. The oil has exceeded all expectations as we hit oil immediately upon drilling at 13 inches. Now we are scrambling to find enough barrels and workers to help bring this to market. Upon drilling, we hit gold, diamonds, and several other high premium gems with a net asset value of 5 billion. With the new found success, the company is now looking at a buyout offer estimated to be around $15-18 per share.
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posted
Still no word back from the company as I have been trying to contact them for the last two days. Anyone else willing to try??? The more the better as I would to get us some answers on the drilling status.
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posted
I sent them the following email, lets see if they respond.
Hi. Myself and like 10,000 other investors were wondering if you guys ever really started drilling. If at all possible, we would just like to know. Thank You.
-------------------- skids are for kids
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Straight from Douglas B. Tallant President of Friendly Energy Corporation (Symbol: FDEG)
Rig is in place and ready to go. The reason he did not want to issue anymore PR's is mainly cause in the last few months, the rig manufacturer has taken longer to get them the equipment making them look bad for getting the well drilled late. He did not want to disappoint investors with any more PR's until things became fact. States he is excited as the data shows near 1 million barrels of output from the dome they are about to drill. Says they should know the results of the pressure / output at 5500 feet in about 10 days once drilling has begun. Their goal is to add 5 wells to this area as they know the oil is there. Says it will be another 30-60 days after the drilling is completed to bring the oil to the public.
My thoughts, I'm looking to find more funds to purchase more stock now as this is exciting news. Don't expect a PR on the drilling until after it is complete and the results are known. Mr.Tallant stated the company is about to grow very rapidly now as prior to this month, everything they did was slow and methodical to keep risk down and returns high.
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posted
I gave you some stars. I'd give you more cause they are free, but I can only give you 5.
If FDEG responds to my email I will paste it here. You folks take care, and if what Mr. Tallent told rules is correct, maybe with a little luck you can go get some new cars or something.
-------------------- skids are for kids
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Straight from Douglas B. Tallant President of Friendly Energy Corporation (Symbol: FDEG)
Rig is in place and ready to go. The reason he did not want to issue anymore PR's is mainly cause in the last few months, the rig manufacturer has taken longer to get them the equipment making them look bad for getting the well drilled late. He did not want to disappoint investors with any more PR's until things became fact. States he is excited as the data shows near 1 million barrels of output from the dome they are about to drill. Says they should know the results of the pressure / output at 5500 feet in about 10 days once drilling has begun. Their goal is to add 5 wells to this area as they know the oil is there. Says it will be another 30-60 days after the drilling is completed to bring the oil to the public.
Mr.Tallant stated the company is about to grow very rapidly now as prior to this month, everything they did was slow and methodical to keep risk down and returns high.
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quote:Originally posted by roiresearch: Acting nicely today - maybe it found some legs when we touched .085 the other day
Hoping for some type of official update from the company vs. select investors receiving updates
There will be an official PR as soon as the well is complete. Expect news any day this month. Having a super low float, this stock could easily sail like NDOL did as FDEG has probably one of the lowest floats of any oil stock I have seen. Also, if the CEO of the company feels they are going to grow very rapidly now that only means more upward momentum. Nothing like we have seen to date in my opinion.
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posted
Good day, hope many here added this to their radar or considered taking a position soon as I have no doubt successful news is about to come this month sparking a solid run up in little time.
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Once I receive any news or updates, I will pass it along. Until then, it is now a waiting game.
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