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Posted by: jelly In reply to: GoodeEYE who wrote msg# 8754 Date:3/27/2007 12:12:22 PM Post #of 8758
bad sign for them when they gotta cover them shorts, which WILL happen. .03 is an absolute steal! hell, .15 is a steal. we currently have a market cap of $4.8 million. what a joke!! $4.8 mil market cap for a oil and gas co when oil prices are rising. $4.8 mil market cap for a company that has stated in the last 3 months they expect $75 million in ADDITIONAL revenues, acquired additional lease with up to $30 million in reserves, started new project with $200 million upside. $4.8 mil market cap for a company that is acquiring the rights to use a new technology that allows them to increase production on existing wells by up to ten fold! adding when i can now because the market will eventually correct and we will have a pps that more accurately reflects rgno revenues and potential. let's not forget, rgno is making money right now!!! if you don't beleive me, call jerry. this IS the most undervalued stock that i know of.
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Jerry has told a few people that call him that he will release the first quarter financials sometime in the near future, plus there is some other news that should come in before that...
This could move real soon, the news will make this go up real quick..
Also, I heard on the Hub that etrade has lifted the internet trade restriction on RGNO, so we should see an increase in volume, and hopefully some buying!!!
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News this week would be amazing, especially with the possible oil shortage...just imagine if they release that they have a few more wells producing...Only dreaming but you never know!!!
Shorts would be pulling their hair out trying to catch this thing...
I have bought multiple times at .03, might buy some more tomorrow...
When the PMCL run is done, look for a lot of that money to move to this..the flippers in that look for these kinda plays!!
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