I did indeed post that as a general concept. It does not make it wrong or necessarily imply a value judgement on longs or shorts.
On about 2 million equivalent old shares?? What the heck was that all about if not some kind of manipulation or rumor mongering? Could the quick jump have been tied to UKOG (Horse Hill connection) moving up about 30% today?
If it had gone down 15 cents it would have been proof of the doom of the company in avi's mind but any rise is market makers or tape painting etc.
Sorry to hear that. One does not have to agree with a poster to show some humanity over such news. Too bad edclhn is such a twit but I think it is avi anyway so no surprise.
According to a message on the UKOG website, BP did not get a particularly good flow of oil from the same sandstone in an earlier well in the area of HH. Three zones were tested in the 1990's in what I think was called the Arreton well. The caveat was that BP might have missed their targets and we will have to wait to see if a flow test in the third or 4th quarter will show better results for the HH consortium.
One trade for 3 shares at 3.50 but currently about 3.35 on a total of 4000 shares. Up 7% although the volume does not indicate anything of note. Still, it is a nice change from 2.25 a week ago or so.
Seems like you told me once before that "if" was a weasel word. I think Chap 11 has been pushed farther away now although I have said and, if you were honest, you would admit that I have said it is a possibility.
Hee hee. I remember from US History that the term was "salutary neglect" and referred to not irritating the colonies into some unwanted behavior by them towards the British. But, sometimes,I just can't help it and I know I should not but avi (xxxfinance) is such ...!
But it sure is nice not having avi and his clones posting every 10 minutes. Seems like a rising stock price along with rising volume of shares traded has caught "The One" and his minions a bit off guard. I can only hope that the last couple of days presage some good news waiting in the wings.
Ah, wrongtom, did you get caught on the wrong side of the trade. Considering you were gloating when it touched 25 cents yesterday I suspect you did. BTW, unless you are avi, why do you think you have to rise to his defense?
In regards that last statement, I would say "No Sheet Sherlock" to management.
Yup. Hope some of the strategic alternatives bear fruit because the restructuring of that loan is really a band aid. I keep hearing that a flow test at HH may not happen for another six months. Does not seem reasonable to me but I am not a British bureaucrat.