Yes, this will eventually be a mammoth short squee
Post# of 39368
Posted On: 12/17/2012 6:05:49 PM
Re: Barnseller08 #4540
Yes, this will eventually be a mammoth short squeeze
Unfortunately this is a textbook example of manipulation of a penny stock. The bears are much stronger than I had originally thought, and the company has provided them ample fodder for their scare tactics. However, the fact remains you just need to focus on oil production and that is going to take months if not quarters to get going and years to really get up to thousands of bpd. I am holding for 20-50 fold returns so I can wait.
Earlier this year I was involved in another penny stock called MPIX that was getting demolished by the bears and bashed ad naseum over on iHub. In fact, the reason I left iHub was over this stock. I unloaded a mass of insults to the bears, the admins, and every one of those crooked bastards manipulating the stock and the website essentially terminated my membership by jailing me through 2015.
That stock was trading at .002 back in May. My prediction, over and over again was that the stock would hit at least 2 cents.
Unfortunately this is a textbook example of manipulation of a penny stock. The bears are much stronger than I had originally thought, and the company has provided them ample fodder for their scare tactics. However, the fact remains you just need to focus on oil production and that is going to take months if not quarters to get going and years to really get up to thousands of bpd. I am holding for 20-50 fold returns so I can wait.
Earlier this year I was involved in another penny stock called MPIX that was getting demolished by the bears and bashed ad naseum over on iHub. In fact, the reason I left iHub was over this stock. I unloaded a mass of insults to the bears, the admins, and every one of those crooked bastards manipulating the stock and the website essentially terminated my membership by jailing me through 2015.
That stock was trading at .002 back in May. My prediction, over and over again was that the stock would hit at least 2 cents.
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