ACTUALLY WHAT YOU SAID WAS: "What good does it do you to post the obvious AFTER it has happened?" That virtually means you too believe that this action was "OBVIOUS"...nest pa?
BigJerk...Get off your high horse. You're the one who made relentless statements about what I should have done (and which I did). So I didn't just willy nilly pound my chest with the actions taken over the past two days. I was, quite simply, responding to your nonsense!!!
Which is EXACTLY what I did thank you very much !!! And if you're half as intelligent as you think you are you'll be doing the exact same thing...buying your brains out today!!!
JOKER...how do you know that I didn't sell yesterday and buy back today???
But I'm glad you agreed that the option playing today is "OBVIOUS"...and if you're as smart as you purport yourself to be you're buying your brains out!!!
Those with options positions will (HAVE ALREADY) start unwinding their options positions instead of waiting for them to expire. As they do that the stock will automatically begin (already begun) to rise...But the long victory on all of this will be completely fulfilled as the stock fully recovers (and then some) next week!!!
Yesterday and today have NOTHING to do with the "Chinese bubble" and EVERYTHING TO DO WITH SIGNIFICANT OPTIONS POSITIONS!!!
And you will be 100% certain what game is afoot today...Aided of course by some of our regular attack idiots that are here relentlessly. TODAY IS ALL ABOUT THE OPTIONS AND NOT ABOUT NQ!!!
STINGING these options players today. Just keep buying at these ridiculous ultra short term prices ($5.60??? is INSANE), ignore the die hard bashers here and watch NQ return to the mid $6's within a week!!!
OR just buy into their manipulated panic and let them walk away with your $$$...
NOTHING to do with intrinsic value. There was huge bubble of Calls bought and sold about a week ago and those who SOLD calls (at $6.00 or above) are trying to get them to expire worthless and pocket their premium. I anticipate a complete reverse of this next week. So longs---RELAX and just let this play out, but don't get sucked into what appears to be panic selling and is simply an OPTIONS PLAY!!!
Gonzalez County (in general) ... EXTREMELY ACTIVE AND PRODUCTIVE and the site of UAPC's largest holdings... Be informed on what they're working on!!!
While they do have cash flow issues, probably not severe enough to cause BK...BUT NET LIQUIDATION VALUE of their holdings is many, many, MANY times greater than current market value of shares...BUT because of accelerated depreciation on Oil and Gas assets have been written down to practically nothing while worth many multiples of current valuation, their balance sheet LOOKS far worse than actuality. These guys and their families (friends TOO) are the largest block of investors in UAPC and will NOT let this slip away...BK...NO EFFIN WAY !!!
There had been a critical part failure back in March...See note (article) about replacement from a couple of days ago or so. While early test results were encouraging, there wasn't enough data to reach any reliable conclusions and why it will take "ANOTHER 30+ days" to complete beta stress test.
So to answer your question, YES this is GOOD NEWS...IF (as I just noted in my last post) this test is SUCCESSFUL ??? IF it is successful, then it's GREAT, FANTASTIC NEWS. IF they hit any major snag this time I don't know if (and don't believe that) they have enough left to survive. So they have to make sure every last kink in the system is GONE or they will be !!!
Both Halliburton AND Schlumberger have already had active discussions with Lithium Exploration and are "anxiously awaiting" the results of the beta stress test. IF beta is successful (note, I said "IF"), share price will EXPLODE from here and a 100X from current price is extremely achievable within months. IF NOT successful, then shut the lights, the party is over. Clearly a "BET" and one worth making IMHO... Results should be available by end of May...
you'd never know it from the share price...Undue panic set in after the split, but if anything it's an incredible opportunity to double (or quadruple) down on weakness that has gone way too far. If I thought that it was facing imminent bankruptcy, I'd have already thrown in the towel. But while that is certainly a possibility it isn't tomorrow or any time soon...Just my opinion.
I was NOT suggesting that the QCOR/MNK story line is at all similar to the story line of ZIOP. I was merely suggesting that the price appreciation opportunities were comparable and it was mostly targeted at some posters I've seen here on the ZIOP board who were with me as we made huge gains on QCOR/MNK. It was a "shorthand" kind of note...nothing more.
HELLO MIKEY...Never come over here anymore, but did just for a quick "heads up" on ZIOP...you should play that pup!!! Nice to see you're still active and demanding sanity on these boards !!!