Post by
1rockit on May 04, 2022 8:33pm
Moneyloop ;
One thing you've always have to be aware of with this stock is the fact it's got over a billion shares ! It only has to go to a dallar to have a million market cap. I ended up buying a pretty big chunk of MINE today. It only has 30 million shares outstanding. So even at a dallar a share the market cap is only 30 million. Big big difference. It's nice, I got in at .18 and it closed at .19. So basically I'm going to stop out at .175 or something. I'm hoping I caught the bottom on it but when trying to buy a stock on a pullback , sometimes is like trying to catch a falling knife. OUCH ! Anyways hopefully we open at .53 or .54 tomorrow. We need a little splash of good news and this thing will fly . Cheers and good luck.
Comment by
Buyreallow on May 05, 2022 6:50am
Actually, with 1.12 billion shares outstanding, they would have a market cap of $1 billion at 90 cents.
Comment by
Moneyloop on May 05, 2022 7:20am
Good observation ! Let's hope we get there, ( like ) next week..... lol
Comment by
Buyreallow on May 05, 2022 7:32am
When I bought in around .20 I thought 50 or 60 cents would be good. But now that they have reached 50 cents and have the farm in agreement for the Serenity North Sea project, I think a double from hear is a no brainer. Maybe not this year, but when Senenity comes in, unless it is a complete dud. Lets hope that doesn't happen.
Comment by
Moneyloop on May 05, 2022 8:09am
I nibbled @ ( .49 ¢ ) recently. But looking to buy more.Waiting for a profit taking on another stock in the oil patch,that is making me money. Then again,just throw a dart on any oil stock and you're probably making some profit.. Good luck to us all !