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Well site.
Hi Thij, what are we looking at here?
I have also purchased more shares. Perhaps a bit too early;). Time will tell if I made a wise decision.
I don't have the software to see individual sell orders, but from what I see with Fidelity it looks like at 9:56 and again at 10:19 there were million share sell orders put in. And for a stock that has a 90 day average share volume of 212,000 shares we just went through a 5 million share day. So someone must have set some sell orders out there to execute when they hit a set amount and others bought. For every seller -- there is a buyer. Can't wait for someone to finally announce to the world what next quarter's drill schedule is. It may calm the masses. And I don't mean we are drilling next quarter -- like maybe a date. But also don't know if they have approval yet from the environmental review.
What went wrong ha ha ha .
I would like to get a feeling from the posters as to which nickname should apply
1 JUNIOR BIRDMAN or
2 CAPTAIN OBVIOUS
Personally I feel the second applies the most....especially after he's been in the pub
WW, seems we might be only posters buying. Apparently, no one sees a big buyer stepping in and accumulating before they pull the trigger. This seems to b3 doing exactly what I thought so I’m sticking to my story. Time will tell.
T
Well, I'm the bid in the US at $ .105 and have only acquired 1K - no one seems to want to contribute to at this price. We'll see what the close brings.
Down 15% to 8.2p today and no news spread up to 2.5%
400 post in the past month on this B.B. approx 14 per day .
This is good news if placing is coming
But hope at some time in the next couple of years to say I don't understand why the so has increased so much!
They have proved what they can do and lots of companies in this area are all heading towards development.
So unlike the sp today am not going to get too down about the sp drop today.
Atb,
Northern
Buckeye, you got it right, it is about how the funding for the pilot program, dilution, etc., shakes out. Once there is certainty there, whatever it is, and then, most importantly, the pilot is executed successfully, stellar results, etc., then we will have an amazing value platform and the market will take notice. May be exactly like the Amungee H1, but this time when it skyrockets, it will hold, and we will get multiples from that during a buyout. But this penny stock sitting on the next Marcellus, 22.5% of it, is now, more than ever, an amazing natural gas pure play! Sit tight, be patient and let this unfold. The size of the prize is truly there.
Where’s Kip, where the hell is Kip?
But as those of us in Falcon since the Bruner days, nothing should surprise us. It's always been a speculative investment that recently showed much more promise finally, for a good return. Whether it's a potential financing/dilution, or getting the recent traders out, or a potential problem with the well progress (not evidenced with Tamboran), we as shareholders won't know unless the company provides an update. Unfortunately, I'm not hopeful of one, but would certainly appreciate it.
Longknife - this game is not set up for retail. The institutional money will want a deal and this is the prior 3month average. POQ has done this before. We do need money, the institutional guys will want a deal. They will position it in their clients accounts, wait for confirmation from the next full length horizontal and then start to walk it up. Nothing else makes sense. This has not been an easy hold. GLTA.
Tsoprano: I got filled on my own 'stink' bid and have now thrown down another - let's see if someone wants to contribute to my cause. This is an interesting shakeout - for what purpose I really don't know. I would hope the board or POQ would put something out concerning the stock's weakness, but I know better :^) I'll just continue to play along.
Ohhh ... it's coming down way quicker than I've anticipated. WOW!
Oil,
Unfortunately, you're probably right. Then they can say it was at the same price as such and such a date.
Tnbird -- really really disappointing to see the old adage is back again with a vengeance -- sheesh. Maybe Marshmill is getting a chance to buy a few more, but I am never buying another share and would like to get rid of a bunch, but that is a long long way off now.
Tamboran is still holding very nicely at just under 20 Aussie cents -- so the only thing that makes sense to me is that Riddle has been on the promotion campaign for the past year and virtually nothing from Falcon over the past year!!!
Longknife, buying opp indeed. I got two stink bids filled. Watch the spread between bid and ask. If there was a seller that wanted out badly, he would be moving offer down. Think this is creating panic? Stop loss orders getting triggered? Specialist is doing wonderful job. Just wish I knew who buyer was. Shake that tree boys. Let’s get all the weak hands and traders out. No word from POQ? Maybe he knows who is buying? Fun times, as advertised.
4,854,853 Shares traded so far this morning in the US, all downhill. Fascinating Indeed. To Newto's addage.....we can always buy lower.
The only explanation that makes sense here is that there will be a financing announcement soon and priced in this range. Seen this before.
Any UK folks have access to Research Tree. There was a 3/4 Cavenedish update that mentions FOG. I cannot access it because I am in the US. Not asking to copy and paste it just if there was anything in the report we might want to know. Thanks.
I have been up to my neck deep in FOLGF since 2009. I didn't use my retirement savings or leverage any assets of mine to make my Falcon nest egg. My shares were purchased with an end result in mind. My recommendation? ......stop freaking out over the daily (manipulated in my opinion) stock price. The recently released asset results were incredible, and we will all be rewarded in the end. Patience is a virtue.