They have 173 wells, if they get the financing they need next week, all they have to do is touch oil and this stock will become worth much more. If not, I'm willing to eat the risk.
No prob. I ended up with about 600k shares at .093 avg. Sold all 600k for .016-.019. About a 85% return combined. Unfortunately it did get to the .027 range, but I just do not trust the ownership and what not. I will move back in if the stock gets back down to .01. GL!!
No prob. I ended up with about 600k shares at .093 avg. Sold all 600k for .016-.019. About a 85% return combined. Unfortunately it did get to the .027 range, but I just do not trust the ownership and what not. I will move back in if the stock gets back down to .01. GL!!
Thats a good point. Never been much of a trader until recently, mostly just long on growth stock and mutual funds. It just sucks when you pull the trigger to early and a day later you miss out on $6k of profit! But oh well, took green, that's all that matters.
