Petroteq Energy Inc V.PQE.H

RE:RE:How Confusing....

[ScarletSpider]

interesting so this company is debt free and is issuing shares as needed to sustain operations without incurring debt which is a way to do it but has tons of cheap paper although as we are talking about it will need to consolidate but before it was a 10 to 1 to a 20 to 1 but with share counts at what 1.5 billion or more it is increasing the consolidation more like now 20 to 1 to 40 to 1 depending on what the revenue is like. I got tempted away by PEI and sold off 3500 shares here to grab 2000 there unlike here I am in profit there although to pay off some of my expenses I sold off a 1000 shares there for a very small gain piddly actually. But here's the thing after getting massively behind on this one a stock imploding but finally making gains back I have decided to pretty well cut to more cores so scaling things back. The one that's recovering lost 75 percent for no reason other than my suspicion of the company's partners or someone trying to get the tech cheap someone playing hardball it is accelware axe traded as high as .80 and while the company was in the heating phase the shares kept getting pushed down even though the results were promising and at worse in line of what was expected. The heating stopped after several parts got damaged and has been off for 3 and a gold plus months and counting with the company financing at .27 early of which it dropped to .19 but on closing the finance shot from.25 to .40 and gained another .03 yesterday to close at .43. It is backed by Suncor Cenovus and another big Canadian partner as well as an arm of the Alberta Government. Now if people want cheap tech how do you get it??? I can't prove what I am saying but these are viable possibilities and dirtiness that goes on with stocks. I did gather 1200 more shares at .28 my cost average a little above .25 but I gave up 2000 nxo shares which started over achieving bought 1000 back but needed to sell off 1500 mrs shares which was getting massively screwed did a financing taking a beating. Long in the short is this I have a core of 1000 shares for 3 stocks nxo pei and mrs. Core of 4000 shares here (if I was not hot for pei I would have kept the 3500 but the shares went further down I made gains at pei still am) and 6200 shares at axe in which I am trying to hold 5000 until the oil part of the company gets acquired and see where to go from there. Pei may be trading high when I came across an Australian one doing business in Canada Calima on 617 million and counting shares it is stuck just under .10 it is doing 4200 or so barrels per day ( oil and light) pei is a similar company where people are claiming upwards of 500 million shares but is trying to exit this year on 1500 barrels per day so far less production right now last at 11 cents on news of its light oil acquisition stake but paid via issuance of shares. Both companies look to be using horizontal drilling vs vertical but in no other way apply other means to get oil something which this and axe do and what makes them both potentially more valuable longer term. Having said this my first purpose in share acquisition is fully with the intent to trade trying to get 2000 shares or more where suppose I buy 2000 at .08 and the shares jump to .20 I would likely sell off 1000 add the other potentially to my core providing the shares stay up. If not and it falls to a double or so .15 lowest sell it off assuming I already have 1000 if not I save 1000 for what I call the super long term as I saw shares I did not have but may have once owned or was thinking to own shoot up 20 plus times that is why I don't generally want to sell out completely BUT ideally prior to keeping my core I would have pulled out all or near all my principle. With axe I don't want to sell lower than $1. I would need to sell 1580 shares to get my principle out but I will have fewer than 5000 left what I am looking to hold super long so I am seeing what it does and still mauling over things because time is money the collapse happened from March on and that was a waste of unrealized gains and time. I am looking to grow exponentially tying up ones money in all their holdings for highest returns it just doesn't work and not the best strategy as far as I see. My objective would to double every year but even getting 20 or more percent on all stocks every year is challenging. My stock worth dropped as low as $1500 just scratching $3000 but 0 pulled in cash. My strategy get to 20k divide my shares in two having common companies in each group in one group sell when stocks double sell all. In the other group do what I am doing now which is selling at various gains losses trading building buying selling growing cash. If one can double 10k and the ensuing resultant 10k 20k 40k etc year upon year in either the 17th or 18th year you will be slightly over a billion if I am remembering correctly. The problem is people wait on all their holdings for far more than a double seeing shares collapse loss of time waiting for not only a recovery but for their ideal price which may or may not come. If people buy at the 52 week low I have seen for a good chunk of the times I will estimate 9 out of 10 the stock at some point with the year 1.5 to 2 times take that. 9 out of 10 times when stocks they pull back fairly hard so I figure if I am up 20 percent take that on some shares. If it keeps running take some more on some more shares. It pulls back you like the future possibilities buy again maybe the same amount sold pocket the difference to build your cash. So far axe is the one share I have not sold anything out of but who knows when it will not go on indefinitely however ideally I am waiting at a high share value hoping it gets there to take out a near 15k debt something I was looking at both nxo and mrs to do but they just did not cut it at least for this time so now I have put that on axe....but for the amount of shares I am looking to concede 1200 max it will need to go to $13/share it has the punching potential if it contains the share count which when people push it down and you finance 2 million at .27 your share count count goes up by 14 to 20 million even on these raises so it is easy to see oil and gas companies hit 500 million plus and why people mat need to take some money out frequently as unless there is a strong offset or great buyout companies get into dilution problems. So with axe I am always trying to figure out when I need to pull monies out despite my $13 plus strike point desire. I can't put up with another tumble in price but I may and reduce my expectations to a few dollars take my principle and strategically work with that. I will need to condition myself anyways for the objective I am after. I can't reach 1 billion if I don't first get to either 10k and double that or 20 k split my shares and work on doubling one half and doing what I am with the other half so I am looking for one to three stocks that can get ridiculous amounts...nxo has punching potential of sorts as does mrs but both disappointing. I held various amounts of nxo over 6 years the high on no revenue $3.76 under first management under the next one that has been here 3.5 years high of $1.40 I believe no revenue low .065 current .125 as mentioned just bought 1000 averaged .135 due to commission. Mrs last year revenue over 233 million very bad gross profit 5 to 12 percent...this year about 6 million but way better gross 29 and 49 percent. When the huge contracts with higher gross profit margins coincide you got your knock out punches but lot of dirty play in the US government where bulk of its contracts is geared towards. I plan to grab more shares late December will hold off on pei I think it will slip a bit if not I got my core. After mrs most likely nxo next...pqe if I buy it will be to hold unless I buy now at .03 if I got them and flip at the price bump on pp closing. My objective is to now use shares to take gains. When pqe settles in after the close and is solid at a nickel I may buy or lick my wounds for now my biggest loss $260 and just hold what I have and doing and see after however long what type of profit I will get when all is said and done. I don't think I will buy anymore here with the intent to hold super long the 4000 is all. If I wasn't getting destroyed here and alluded by pei where I am still ahead no fear of missing out I would not have sold off 3500 shares. This company has still a long ways to go unless a proper buyout comes within a year you are looking at more than 2 years here for any decent share value just my gut feel and I can't park all my money in any company in quite a weak position for that long...the best thing this can do is consolidate fast get it on and try to uplist look more credible and desirable...that's my two cents for this company. If on 18 million the company can successfully run and maintain 500 barrels per day for some time they may get a buyout offer .50 to $2 with nearly 2 billion shares if it can keep the shares down which is pretty well what it would have got with Viston or if not successfully run consolidate and increase operations where removing those shares made sense dilute a little raising on stronger share value finance the operations and keep showing things work get the buy out. Regardless there is more than 2 yrs here unless like I said a buyout comes sooner but no matter what consolidation is most likely the best move 40 to 1 at a nickel if it bumps up for $2 and taking out all those shares...so 50 million left on 2 billion if I did the math correctly. That may be ugly but then for $100 million raise to get what was it 1500 barrels per day the company dilutes by 50 million shares at $2 and is at 100 million shares. I can see this happening actually or if the share price makes to .10 20 to 1 100 million shares left which is still good. In any case there is a bit of doing needed here. I will sock away the 4000 I hardly look I don't like to see $260 down grrr but it is what it is and I need to build by going short on shares that I buy...not shorting but buying shares and selling at or near doubles if I can hold up to half of those shares if not just keep taking the profit. I have my core in these companies and chances are most likely I will buy in them but to use as traders I may buy into a few others if they make sense to do so but handling 5 or 6 stocks figuring out their movements and how to make money on them will keep me busy and most likely fulfilled although a few tech stocks look interesting that I am just sort of following however oil and gas will likely score huge in the next few years forward. Glta.