The market did not give a #$%$ on the change of management. Only this board was whooping it up.
By the way can any of you "hot shots" tell me if you know of a company that came out in the 70's, raised 300 grand as there IPO and is still in operation. I can't, please advise if you can!
243 trading days ago it cost $40,000.00 to buy 10,000 shares of USEG. Today $3,400.00 will get you the same amount of shares. Oh how things change in this goofy Casino they call the STOCK MARKET.
I wonder when that new board member, that paid around $4, is going to "average down" ??
yep yep they have many many times. In fact many years ago when the stock would tank Jack would hit Denver and have open happy hour for all the brokers in town, all the food & drink you could hold, they loved him. Now not to long ago the stock moved from the $1.50 range to $4:+. I hope you and everyone on this board knows that this stock goes no where until a broker somewhere picks up the phone and gives a pitch to a client. You can't count on the funds to move this much -- they buy and hold. USEG needs the every day guy hitting the phones and if just one flight for a dog & pony show get a couple of sales people (account executives as they are known today?) to start putting some stock in the hands of their clients at 80 cents we cannot knock Keith for trying.
That said there is one problem here--- most of the listed firms will not let their people solicit a stock at this price so it must be the small OTC firm he must work on --ie Dog & pony.
GFYS Ademon -- any dog & pony show will help at this point, YDS. Never know when one firm will take a liken to an 80 cent #!!
Remember one thing here boys & girls. At this price your total downside risk is .80 cents -- upside -- unknown.
Any one that is not worried about an $8 grand gamble can put away 10,000 shares that cost 40 thousand not too many months ago. --- Just a little food for thought..
I see ole Boone Pekins predicting that oil would level out at between $70-&$75
I was hoping to pick some of this ole pig below a buck but the buyers just won't let it go there. The cheapest I have ever bought her over 43 years was at 15/16 -- .94 cents for you younger ones. I was hoping to break that record.
Somewhere in here some of us are going to make a quick $1 to $1 1/2 bucks a share.
MCF trading 130 times earnings -- will be interesting to see how many times earnings they trade after a few quarters of $50.00 or less oil!
"Barclays, Goldman forecast bearish1st half for oil prices" -- No #$%$ Goldman--- where were you six months ago. Some times these big firms and the dudes that work there are one big JOKE.
I understand there are many vacant apartments in Williston all of a sudden compared to the last couple of years when workers couldn't find a place to live. Interesting how things always find their own level!
Buyers ----- please get the flock out of the way and let this pig go down below a buck. Boy could we have fun around .80 cents. ==== 10,000 shares -- $8 grand --- come on let it happen.
Yep he was posting on USEG when he was really bad. I remember him saying he would not be around long enough to see different things about the company. To bad he missed that run up to 5 & then this, he would have had fun.
Did you see that someone or some group made a $10 million dollar bet the other day that oil would he higher in March then it is now. Be interesting to see if they cash.
Best 2 U
Hey MW, nice to hear your still kicking.
Yuh my ole man used to say -- time waits for no man-- I used to think "oh yuh,
sure , ok, what ever"-- but now I know what he was talking about -- LOL
Yep I am not rushing in here on USEG just buying slowly. Looking back I don't know how many times it's been but it's been a bunch through the years that we were able to buy this ole pig in the 1's and sell it in the 3's,4's,5's and even if we fell asleep sometimes in the 6's lol.
You know I would really love to see this thing trade under a buck being we are this low in just a short time. Looked like they were taking a little bit of a stand on Friday. Wish they would stay out of the way just imagine how many shares we could pocket with 10 grand around 6bits to 5/8 of a buck. We would think we were back in the penny stock days. LOL
Any who I don't really care what these guys print on this rag sheet -- all I know is this stock has been made me many $$$ through the years by just buying when every one thinks it's piece of #$%$ and going broke and selling when everybody loves it and saying it's going to $20.00
Nice to hear from you MW..