Had the sheep (populace) been armed in Iraq like we Americans, they wouldn't be in the unbearable situation that there in. So will be our fate if we ever give up our guns, sheep to the slaughter.
"$15.00 this year", man what are you smoking? I'll be shocked if $7. holds for much longer. What exactly is the catalyst that you think will send this POS to that level so soon, cause wishing won't work.
Of course it's short. It happens every time these heavily shorted stocks make a run, the Shorts come crawling out from under there rocks, posting childish little post. I think it's entertaining.
Then where are the buyers? I never said they would short it here, but with few buyers the hedge has to only dump a trivial amount of shares to keep a lid on the price, which is just what we are seeing this morning. As for Iraqi problem, it's been around for thousands of years, every religious ruler with a short #$%$ wants to rule the country, it's the way it's always been and always will be. Maybe the short puckered and little minded idiots will do us a favor and nuke the oil fields.
Buyers, buyers and more buyers, and looking at the volume that's not the case. With few buyers it's to easy to manipulate and the hedge's will hold it down.
Elvis; I agree. I'm certain a large hedge fund holds most of the short shares and they dumped shares at least two times today of about 500k shares each time the price neared $6.90 in effort to keep a lid on the price and prevent a squeeze. But you are correct, if things in Iraq continue and get worse, the shorts could lose control of SD in a hurry and then be faced with a decision, cover or wait it out and hope the price would soon fall back on its own when things cool down in Iraq. Actually this could provide shorts with another shorting opportunity. Anyway I'm sure shorty is concerned and it will be interesting to see how much control they can muster.
Speaking of ole Tom, hear he is trying to start a new Co. how is he doing with that, anybody know?
Hmmm, learn something new every day as I certainly didn't know there was a level of stupidity called, "perfect", perhaps it takes one who has already achieved that level to recognize it when he encounters it. (just saying) Anyway, the point is simple, if the picture was as simple and good as you paint it, there would be new investors, new money and the stock price wouldn't be stuck in the mud and controlled by the hedge's with their high frequency machines. So you see, it's not just my denial of activities or progress based on my form of "perfect stupidity", but the denial of literally the entire market of traders and investors, hence the stock price speaks for itself. SHOW ME THE BEEF!
Any Company's past performance is most usually an indicator of future performance. About 95% of all Company's that have been mismanaged like PGH never recover completely, most actually end up bankrupt, which is were PGH is headed if they fail to make this project work, and if they don't get with the program and hurry up, investors will soon abandon them. Year after year of dragging there feet and feeding investors more and more excuses will not work in todays market. Investors will not wait till 2018 for results with a Co. that they already know can't or shouldn't be trusted, they have lost to much money for shareholders already. Wait and see won't work here, and past performance will not be forgotten, like it or not. PGH will win no races at the pace they are running (or should I say crawling).
Likewise, I don't recall any other endeavors in that area. Furthermore, why couldn't this previous owner make any money and give up on this so called gold mine.
and may I remind you hardmetalman1, that this stock was sitting at about $25. not so long ago. The only thing I have seen that management knows very well how to do is to accumulate a mountain of debt and destroy shareholders. We shall see if, "the best is yet to come".
and I'm still waiting on the lawsuits to start.
You are probably correct in regards to the manipulation, but you must understand it's likely cause at this time it is so easy for them to do. If there were some great news that suddenly came out about SD, then the onslaught of buyers would overwhelm any and all manipulation attempts, all shorts would run for cover and we would likely see at least a 30% increase in the pps in two trading days or less. But unfortunately, that's that's not the case at this time. The only foreseeable good news for now would be a positive note from the IRS in regards to the MLP applied for by SD, and it would seem someone in the IRS is dragging the feet on that matter, as it should have been answered by now. If you can, keep your eye on the volume and price movement, that's the only signal you will ever see from the insiders if any good or bad news is forthcoming, as our markets are indeed about as crooked as it gets.
I hate to burst your bubble, but short's grip is not about to break anytime soon. The fundamental's of this stock has got to change. The markets will never trust this company again until SD show's what there made of, in other words, show us the money! No more speculation. As for the SEC, they are the biggest crooks on the block, and if your waiting on them to put a stop to the manipulation, your waiting in vain. So what's the answer, more and better wells, more oil. The lime is not producing as well as hoped in most cases.
If you believe that then buy it a year from now, don't be stupid and hold it that long and risk your money. I say a year from now all you will get from these clowns is more excuses with a falling pps.