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Thursday, September 9, 2010

Thursday's Watchlist

BDGR has a very attractive share structure. As of June 30th only 1 billion authorized shares. You read that right 1,000,000,000. Per the recent press release they have seen continued production growth and plan to ramp it up for fourth quarter. Here is a production breakdown for this year to date.


January- March production - 4770 barrels
   April- June production - 6536 barrels
    July- August (excluding September) - 4715 barrels
 
That's a total of 16021 barrels YTD
Their second quarter filings shows a gross profit of $40,978 compared to a loss of $47,032. 
Not much, but with production increasing we should see this number go up.
 
Current PPS is sitting at .0002 we are looking for a break of .0002 to signal a run. 
This is something to keep on your radar to watch for a breakout. 
From these levels we could potentially see some nice gains.
 
MSOA - This stock had a nice run today. Closed up 333% on 150 million volume. 
We are looking for a pull back before it continues its northern trend. 
The current increase could be due to the anticipation of news. 
We recommend putting this on your radar for tomorrow morning. 
If it looks good the KINGZ are definitely getting in on the action.
 
NWMT - We didn't anticipate a pullback to these levels, but we still see high potential with this play. 
With their current assets, gross profit, and share structure they are definitely under-valued. 
Don't let this one out of your sight. 
 
 
 

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