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Royale Energy Inc. Message Board

  • dw_home@att.net dw_home Jun 20, 2011 1:58 PM Flag

    Is ROYL a Hold into Earnings Aug 1?

    Opinions appreciated.

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    • wd_home,
      Like I wrote a few weeks/month ago and earned the "delusional and Rodent drivel title" by the board idiot "lifesmiserable", this stock is going nowhere till I go on vacation again July/Aug. and buy 10K again @ around $2 or below. Then I'll sell again on the high (This time I'll have a laptop) like when I made $96K about two years ago during vacation in MT & SD, sold around $13.50!
      No matter what the stock (gas sector) does, the economy is one problem for consumption of gas/power!
      Second: 20 states are flooded or on fire, so gas is shut off and so is power and no production/consumption!
      Third: Nice 68 to 78F weather in the northern states, needing no heating or A/C!
      Fourth: School are out!
      Fifth: If government shuts down starting with MN, no need to use gas/power and unemployment will cut down on any useless usage of those!
      Sixth: High borrowing costs, lawyer costs, payout to drilling investors and on and on.... corporate cars are nice too!
      I followed this stock since 1996 and it's a family con you have to track and then you can hit them on the "Donkey & Carrot Run", check the Y/D charts!
      Good luck and good trading (beware of the pumpers that blame it on MM's, which can't even touch this POS stock and the shorts)
      ROWDY
      Temp: 72.3F, H 77%
      Gasoline: $3.69 In Hudson, WI and $ 3.52 across the border in MN! ;o)

    • This stock is being pulled down on light volume in order to accumulate for the next rise. This is as clear as day and don't let the fearmongers bother you. This company is pouring out the production in 2011 and blowout numbers will follow. That being said since it is a low floater the SP is bound to be volatile and timing is everything. I missed on my entry but by no means am I concerned. Like I said no matter your average SP you will have at least two more times to sell on nice run-ups. I am not expecting anything near 8 bucks though unless nat. gas starts moving north.

    • Yes...ROYL will report near record numbers in production, earnings and cash flow this quarter. In fact FYE 2011 could possibly be the best year in this companies history and that is just based upon what is flowing now and even with 4.25/Nat gas and/90 oil. This price fell through support that I expected to hold again around $2.80 but there is absolutely no way this SP heads below $2.50. The only reason this company languished between $2.00 and $2.25 for so long was because the production was not there, now it is. But we have only seen one quarter and that was a blowout quarter with Goodard 3 only producing for a month, could you imagine the numbers with three full months of production?

 
ROYL
1.68-0.04(-2.33%)Feb 27 4:00 PMEST

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