VIRGINIA HILLS OIL CORP VFGGF

Share price going up

[Fullblast]

So, is there any explanation behind the sudden rise of the SP today. Any news pending ? Are Q4 results expected to be better ? Any thoughts ?

[Prof_JD]

blastman, as i said in last post: expect 25 cents thereabouts.... after sp getting beaten to a pulp the dead cat bounce is the order of the day and to close off the week too looks how bad the RSI and MACD has been.... MACD crossed....  tha was the key to this turnaround today  jd the prof -

[Yamahauler]

i have searched all over for any news, cant seem to find any. I would expect the Q4 results will bring this back to the 20-30 cent range without a problem...i believe this is way under valued right now, plenty if projects underway and oil is flowing. Q3 results scared investors off and it has been a panic dump since...ive bought more all along...excited for results in Q4 breifing

[Fullblast]

Yamaman, Prof, why do you think that Q4 results will better ? Also there were some analysts (Desjardins for example) who predicted that PRY would be a good target for acquisition. What do think, is it still the case ? Thanks

[OntarioDave]

Prof you are dead on brother...you and me warned those folks who held CSI paper and it went to zero...you called it and they laughed...i warned them at $3 to get out and they laughed...now they are all in tears...just like PRY holders are gonna be...dead cat bounce and worthless paper...not even good for toilet paper...IAMWCW warned everyone on this board also so no one can say they were not told

[Prof_JD]

Ontarioman! how are you doing man! thanks for the pladits...  Yeah we been dead-on with CSI paper, and so many others. Not ony are they in tears but some like  Doorkus who held SGR paper from 3.00$ to 10 cents are being jizzzzed on  I was trying to warn others here that PRY paper would go into the teens but no one listened. Even though it is recovering today; it would take

[commeilfaut]

up we go you say? this is not the way i see it. down we'll go

[commeilfaut]

i do not see what this company can bring revenues so it is a verry speculative stock to me. I would like to see some big investements in here first with some big players also, then i'll think about getting in.

[Prof_JD]

commieman, you need to understand how the technicals work. fundamentally - tis paper is way way overold for the short term look at the TA and you will see.  a short term bounce does NOT mean that thre is some explosive news coming neither that fundamentals are improving. it just means that after a prolongued decline, the market always gives something back - not alot but abit. technically PRY

[commeilfaut]

prof i do undestand that it is oversold but even then i will not invest and gamble my money in a company with no futur my friend.

[Prof_JD]

commieman, thats EXACTLY what you fail to understand. you are NOT supposed to "invest" in these type of companies in this position, Just trade 'em accordingly   with no LONG positions or you end up holding the bag. enjoy riding the valeys and hills and you will make the money jd the prof 

[OntarioDave]

my advice is listen to Prof...he has more patience than i do as I dont have the time to discuss technical analysis with inexperienced traders...this isn't investing but its trading on technicals...money to be made as stoch is oversold... Hey Prof good to see you on this board brother...glad to know good minds think alike...i got done trading today...shorted Pandora for a good gain and went

[ofirme]

The investments were already done. $295M OF EQUITY + $140M OF CASHFLOW + $130 OF   DEBT = $565M of total investments. now the question is if there will be a return of investment and  on investment. if waterflooding works as planned, the answer will be a big yes.