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Royale Energy Inc. Message Board

rls787 175 posts  |  Last Activity: Jan 23, 2015 11:03 AM Member since: Apr 9, 2012
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  • Reply to

    do i bail

    by press447 Jan 23, 2015 9:28 AM
    rls787 rls787 Jan 23, 2015 11:03 AM Flag

    By the way, if you sold where would you put your money. This is such an f'd up market if you go elsewhere you may get killed again. We just got killed, ours is over, who knows what this market is going to do. Yes a couple of bad market days may take us slightly lower and then we will bounce back. There is so much room for this market to fall we are all now safer here.
    Last Feb. when the market was crppy I sold Kerx and got away thinking Kerx was going to fall with the market. It didn't. It ha a nice run up. I bought on the pullback, and rebought at a lower price, so I did make a little money. Had I held on, we had a nice run, and I could have made a lot more money.
    My negative thoughts toward this market made me get away. That is what has kept me from selling for a rebuy. Before I was too negative, and the last couple of weeks I have been too positive, thinking we cant go any lower. Damned if you do, damned if you don't.
    I do think we are at bottom and will rise from here.
    GLTA longs

    Sentiment: Strong Buy

  • Reply to

    do i bail

    by press447 Jan 23, 2015 9:28 AM
    rls787 rls787 Jan 23, 2015 10:38 AM Flag

    Look in the archives and see when the last dilution happened. I thought we were down for a day or 2 and then we took off. Others have said we were beat down initially but at EOD we were up. I definitely know that we were up within a few days.
    I do wish I had sold at 15 so I could rebuy here lower, but I did not. So I am riding this out. Once we get back to 15-16 range and a solid trading range has developed I am going to play the range and make some extra money until we take off. Remember we saw 18.48 last year, long before we launched.
    There are so many PT's in the 20's can they all be wrong???
    The damage is done. We did not sell to rebuy for the lower price. So strong and long. Again if you want to make some extra then do what Joe was doing. Find that trading range and play it. That is my plan until we take off. I was playing the range and I did make some extra money.
    Just remember we will take off sooner or later. The computers have worked overtime to keep us down and now we know why. Better times are coming stay the course.
    I hope this helps.
    GLTA longs

    Sentiment: Strong Buy

  • rls787 rls787 Jan 23, 2015 10:25 AM Flag

    My hope is when he helps to orchestrate the sale I hope he sells to someone that actually cares about its investors. Its quite obvious that these butt holes could care sht less about the average investor.
    I have been one of those saying a sale is coming since Sep. Yep I have been wrong. Others are saying June or later in year. Others have said with great sales numbers who cares if it sells because it has to take off sooner or later, and I agree with that.
    Like so many others I am so tired and sick of this sht, I really want that sale now. This can be a great long term investment and that's why we are here, BUT that also means enduring a lot more of this same sht a times for years to come.
    So now I really say sell it, lets make some money and move on.
    My next major holding will definitely be one where the board actually cares about its investors.
    BUT I am not going anywhere until we make some good money.
    GLTA longs.

    Sentiment: Strong Buy

  • Reply to

    Do we get Script Numbers today?

    by spenc_mike Jan 23, 2015 8:45 AM
    rls787 rls787 Jan 23, 2015 10:12 AM Flag

    If the numbers are great may be they have kept the numbers quiet for a reason. Great numbers would have caused the stock to take off, and obviously they did not want that to happen. As I said yesterday the computers have been working overtime to keep this down, for this totally bs dilution.
    Now that the dilution is over, and now that the big boys have picked up more stock at a ridiculously low price we can get going.
    Great numbers would start that. Great numbers will hopefully bring more upgrades, and these jag off computers cant keep it down forever.

    Sentiment: Strong Buy

  • Reply to

    Scenerio??????!!!!!

    by twrichter33 Jan 22, 2015 10:46 AM
    rls787 rls787 Jan 22, 2015 1:56 PM Flag

    I agree with your scenario. As I stated in my earlier post this price was set awhile ago, and the computers have been working overtime to keep it low.
    Or the computers took it low to create the opportunity for this ridiculously low price.
    Either way it happened, and being an insider Baupost was in on the manipulation to get the price low.
    Depending on the number of shares they purchased they just reduced there average buying price by at least a dollar if not a couple of dollars.
    Just like in the last dilution we are starting to run after being beat down to a ridiculously low level.
    Big Jake do you remember what the last dilution price was?
    I thought it was 13 or 13.50. Which still created a pull back at that time, this time its pathetic.

    Sentiment: Strong Buy

  • Reply to

    The last dilution

    by rls787 Jan 22, 2015 10:32 AM
    rls787 rls787 Jan 22, 2015 1:41 PM Flag

    I agree with you on all counts.
    I believe this was set up to give Baupost a much larger stake in the company at a lower price.
    Also I believe in Sep. during the quarterly report they stated that they had enough money to go to market and there would not be another dilution, and now there is.
    I am sick of all this crp but trying to keep my cool. I do remember after the last dilution we had a nice run up. I am looking to that happening again.
    Does anyone remember what the last dilution price was. It was definitely higher than 12.

    Sentiment: Strong Buy

  • Correct me if I am wrong but I am pretty sure this is exactly what happened the last time there was a dilution.
    We went down for a day, and when we took off we really took off for a short time.
    BUT, I thought the last dilution was higher more like 13 or 13.50. I cant remember, so this low price is disturbing.
    It is not a slap in the face but a huge kick in the balls.
    I am #$%$ over this too, but as many of you have said this is not the time to jump ship. It is also reassuring that it is already back over 13, and hopefully we see 15 in a few days.
    My conspiracy theory leads me to believe that this crp price has been in the works, and that is why the computers have been working overtime to keep it down.
    Now that this sht is out of the way we can get going.
    Again hopefully Baupost has just increased its position, and will get this going.
    Please write the board and tell them what you think about this, I am going to later today.
    While I have wrote this we have gone up another dime.
    GLTA and hold steady the best is yet to come.

    Sentiment: Strong Buy

  • Reply to

    Well look at that

    by underpar2014 Jan 22, 2015 10:10 AM
    rls787 rls787 Jan 22, 2015 10:21 AM Flag

    Hopefully BAUPOST just bought most if not the whole lot from JP Morgan.

    Sentiment: Strong Buy

  • Reply to

    AH activity

    by rls787 Jan 20, 2015 5:36 PM
    rls787 rls787 Jan 20, 2015 7:48 PM Flag

    I agree and I just checked and saw the same 9801 volume in AH. 1268 shares were traded before the announcement so actually only 8533 shares traded after the announcement.
    This is only the computers normal AH manipulation, and little to no panic selling.
    If we are not up tomorrow I am guessing by weeks end. The market may play into that some what.
    Shorts are already trying scare tactics. Again I say why sell after everything we have been through. Excluding an F'd up market we have plenty of good things ahead of us. So again why sell.

    Sentiment: Strong Buy

  • Reply to

    The $12's are imminent now.

    by josephanastasiw Jan 20, 2015 4:39 PM
    rls787 rls787 Jan 20, 2015 6:58 PM Flag

    Joe I remember last Feb, when the market was taking a crp. I got away from KERX and waited for KERX to fall. It didn't. It kept going up while the market went down, and I missed out on making some money in a bad month of Feb. Eventually KERX did drop, and I bought back in below where I sold, so I did make some money.
    MY NEGATIVE thoughts towards the market kept me from making money here. I missed a nice run on negative thoughts.
    Good Luck where ever you buy.

    Sentiment: Strong Buy

  • Reply to

    AH activity

    by rls787 Jan 20, 2015 5:36 PM
    rls787 rls787 Jan 20, 2015 6:52 PM Flag

    Since JPMorgan is handling the trade I would not be surprised if Baupost buys most if not all of those shares. That would really put them in the drivers seat.
    Also I believe as you that this recent pull back will minimize the damage from this dilution. Lets get going.

    Sentiment: Strong Buy

  • Reply to

    AH activity

    by rls787 Jan 20, 2015 5:36 PM
    rls787 rls787 Jan 20, 2015 6:47 PM Flag

    You might be able to rebuy those shares lower tomorrow at least at open, especially if the market starts the day bad. Or, it shoots up some snd then pulls back for you to buy those back.
    I know we go up its a matter of when.

  • Reply to

    AH activity

    by rls787 Jan 20, 2015 5:36 PM
    rls787 rls787 Jan 20, 2015 6:25 PM Flag

    I would be ready to rebuy tomorrow those shares back tomorrow.
    Last time they pulled this I remember it going down in AH. I thought we went down some the next day but others remember going up the next day. Hopefully that is what will happen again. Some type of dip at open and then steady or up. I do remember being up nicely within several days so keep a close eye on things tomorrow.
    Also the last time this happened I am sure we had an up day , and this time we are down, so hopefully a pull back has already been baked in. Insiders knew this was coming.

    Sentiment: Strong Buy

  • Reply to

    AH activity

    by rls787 Jan 20, 2015 5:36 PM
    rls787 rls787 Jan 20, 2015 5:57 PM Flag

    What you say makes sense with a 50 cent difference in the same minute.
    I was hoping that we were actually holding with the larger shares but I guess I am wrong.
    I just hope we hold or go higher tomorrow. We have traded an additional 500 shares.
    1 sale at 13:30 1 sale at 13:33.
    So yes are down some BUT these are small blocks mostly 100-300 shares.
    It does not appear as anyone is panicking and selling.
    Why would they??? We have too many positive things coming including the fact that we launched 1 month ago.

    Sentiment: Strong Buy

  • rls787 by rls787 Jan 20, 2015 5:36 PM Flag

    Since the announcement 7833 shares have traded.
    At 16:11 800 shares traded at 13.82 followed by 250 shares at that 13.10 all in the same min.
    At 16:29 878 shares traded at 13.81
    At 16:38 805 shares traded at 13.80
    at 16:25, 16:37, 16:39 1100 total shares traded at 13:30 (100 ,500, 500)

    It first caught my eye that the sales at 13:10 was 3 sales totaling 250 shares.
    Then I noticed that we had several blocks of 800 were sold around 13.80.
    It is the smaller share blocks that are being traded at lower prices.

    I believe it is just the computers playing there games AGAIN.

    I crpped when I first saw the announcement like many of you. But as I have watched whats going on, I am not sure if it will hurt tomorrow or not.

    Just wanted to let every one know whats going on. The NASDAQ after hours is a good site to take occasional looks at.

    Sentiment: Strong Buy

  • Reply to

    On the bright side,

    by delriowineandspirits Jan 20, 2015 4:31 PM
    rls787 rls787 Jan 20, 2015 5:15 PM Flag

    They probably beat it down so bad it became a good entry point. I don't remember specifics about last time, except for being highly #$%$ off over it.
    I do think last time announcement came on an up day so that is why we got beat up so bad after the announcement. As I said hopefully this is baked in.
    OK I guess I am wrong and I hope we go up tomorrow. As I stated hopefully this pull back was baked in, and we get going tomorrow.

    Sentiment: Strong Buy

  • Reply to

    On the bright side,

    by delriowineandspirits Jan 20, 2015 4:31 PM
    rls787 rls787 Jan 20, 2015 5:04 PM Flag

    I thought we went down the first day or 2 after and then we went up. I hope I am wrong and you are right.
    I do remember it going down a far amount in the AH last time and so far we have not dropped that much.
    Also last time I believe we were gaining traction and moving up. This time we cant seem to get good traction and get going. So hopefully any pull back has already been baked in and we get going tomorrow.
    That would be great if this is the catalyst to get traction and get going- I hope.

    Sentiment: Strong Buy

  • Reply to

    100 Million OFFERING!

    by hamkha1984 Jan 20, 2015 4:06 PM
    rls787 rls787 Jan 20, 2015 4:29 PM Flag

    The last time they did an offering we went down for a day or 2 and then bounced. If I remember right I think the price was right about here.
    I am getting tired of this sht though. Every time we start to get going BAM. We just cant get going. Some day I know we get going but this is getting old.
    Hopefully its a fast bounce.

  • rls787 rls787 Jan 20, 2015 1:22 PM Flag

    Joe, we have bounced off of 13 twice now, so I hope you are wrong on sub 12. I have been working a lot and not watching it so much, this has helped to keep my sanity, because this is pathetic. Not watching it so much may be the best strategy right now- may be.
    Don't forget sooner or later a royalties payment should be coming in from Japan, and hopefully some kind of positive news from Baupost, example-increase in ownership, to get us going.
    You have been right many times, just hope you are wrong this time.

    Sentiment: Strong Buy

  • Reply to

    Seat of the Pants upgrades KERX

    by waiting4kerx Jan 8, 2015 8:11 PM
    rls787 rls787 Jan 8, 2015 9:43 PM Flag

    Majority of Asia is up tonight. Oil is up a little, but our futures are slightly down.
    If jobs number is good tomorrow, which they think it will be, we should have another good market day tomorrow.
    Even if we don't have a good market day tomorrow or next week, it would not be the first time that we went up on a crppy market day. So hopefully we do keep going and we get back to the 16's if not higher.
    Sooner or later we have to break the high of 18.48.

    Sentiment: Strong Buy

ROYL
2.05+0.04(+1.99%)Jan 26 4:00 PMEST

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