Rooster Energy PRBEQ

panic selling today....

[Roverthing]

Too much uncertainties on the market. People are scare that we go much lower. Especially that the FED try to scare investors almost every month with the possibility to raise the interest rate like next week. So I don't expect a good week for oil next week. I am still buying and if it goes lower, I won't be surprised if we go lower, because the next financial results will be only at the end of February. IMO

[Roverthing]

The insiders should buy a lot of shares now. Otherwise it is not reassuring anybody at all. A potential investor might think why should I buy shares here if the insiders are not buying at all at this very ridiculous low share price. What are they waiting for? to reach 0.005? Buy low and sell high. IMO

[Burnerman]

You are correct. There is no better time then now for the insiders to step in. A $50,000 purchase would get us close or into the double digits. This would go a long way to improve investor confidence. The company has worked very hard in turbulent times to keep their head above water and now it's time to also show the shareholders who stayed with them that everything is on track and company

[Roverthing]

It is quite strange to see that  the insiders are not buying at all now, not even a single share at 0.03 which is even lower that most of them paid for their shares last year. They must have a good reason to do so. Don't they see a bright future coming for Rooster in this falling oil market? or Do they just think like many sellers here that they could buy later and at a cheaper price? My

[Burnerman]

I also have been averaging down accumulating several hundred thousand shares. There is certainly unrest in the markets and in particular anything related to oil. I have just sent an email to the company so we will see if they respond. I know they can't say much but I am curious to know why they are not purchasing at these levels.     

[Roverthing]

Thank you for your effort. But they will probably answer you as they usually do, saying that they are not allowed to give you any personnal information which is not public yet. I guess that they are not even allowed to answer you that everything is fine, the law is very strict about that. If they care at least a little about the shareholders, they should buy some shares. It is probably the only

[westcoast1000]

Rover, While I share your dismay, it is important to remember that Rooster will not disappear or go bankrupt because the board chair owns over 80% of the shares. They can stop drilling and simply build the well services side of the business. By taking over nearly depleted wells, they get the gas for free so they can afford to produce it. Rooster will continue and the price of oil will recover in

[Roverthing]

I agree with you. But I would really like to hear it from the insiders. If they don't want to buy shares which would be a big mistake in my opinion, they should at least release a positive later (update later) or something like that to reassure the shareholders. Not wait until the SP decreases until 0.005. IMO

[retirebefore50j]

That may be all well but you are forgeting the main shareholder knows what is going on and is reassured already and we  ( 20% ) are along for the ride.

[retirebefore50j]

We ( 20% ) are just a tick on the big dogs back.

[Roverthing]

When we see the share price decreasing week after week, it really tells us that the shareholders here are not reassured at all. And this is the responsibility of the insiders to reassure the shareholders. It is very easy to do it as I have explained in my previous post. They need to do something.

[Burnerman]

My thinking was that Chet Morrison would build this build this business past the .50 cents per share mark and then he would start releasing some of his shares to pick up some extra money and to introduce more shares into the market. At this point I don't know if my thinking is correct now.     GLTA

[retirebefore50j]

I get what you are saying but no they DON'T need to do something. You want them to do something but  they know what is going on and it seems they are ok with things - you don't know so you are not ok with things. They should give a little more info but don't have to.  they DON'T give a damm about us retail.

[Roverthing]

retirebefore50j- I understand that you probably don't have anymore shares in this company. Because you posted here twice on December 01, saying that you wanted to sell your 76000 shares at 0.04 and if I remember well your shares were sold on the next day. So that's why you don't want them to do something because you want that this stock to drops to 0.005 and grab a lot of shares at

[retirebefore50j]

HEY, I didn@t say I thought everything was ok with Rooster. I SAID that it seems that the 80% seem to think everything is ok with Rooster.@ I DO have another 72000 @ .07 so I do still have some skin in the game. I understand how the Rooster game in played right now. I bought 100000 @7-10 days before the quarterly results were out, looking for a pop. It did not happen so I sold the 100 grand. I

[retirebefore50j]

I am not looking for cheaper shares. I am not even thinking about Rooster until 7 - 10 days before the quarterly results in Feb.  I check in on the Rooster board from time to time, looking for any new info. Sorry but for me, Rooster is just that type of stock. I mean not harm.

[Roverthing]

You said that you were not happy with the way that Rooster does things. Why?  When you have sold your shares you are thinking that the insiders think that everrything is OK with the company and you still wanted to sell them, why? Usually when everything seems to be OK, people don't sell they buy. 

[retirebefore50j]

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[Brettdoyle]

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[retirebefore50j]

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