GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + )

Top 381. May 3, 2002 11:01 AM

» Thruhiker - Re: WASSUP wid BOWG today???

In response to message posted by Kirk:

in a word, nothing.

28 cents yesterdays close
28 cents current bid
42 cents current ask

the 36 cent current price means absolutley nothing except to todays buyer...who is instantly down 8 cents a share plus commissions.

-- posted by Thruhiker

Top 382. May 8, 2002 7:41 AM

» Kirk - Headfake Alert

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Remember that BOWG often gets tiny trades under 1,000 shares just before it makes a move as someone has a buy order and they are trying to fake out a few cheap shares.

Well, we just got a 700 share trade this AM to bring it down to 33¢.

700 x 33¢ = $231 or a head fake.

The bid sits there at 33¢ while the ask is actually higher than the open at 43¢. This OFTEN means we will see higher prices today.

Lets see what happened but it sure looks like we might have our bottom in which is good as it is a higher low if the 26¢ bottom holds.

-- posted by Kirk

Top 383. May 15, 2002 9:13 AM

» Kirk - Re: Headfake Alert

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In response to message posted by Kirk:

To those of little faith...

Read what I wrote above then look at those graphs

Remember that BOWG often gets tiny trades under 1,000 shares just before it makes a move as someone has a buy order and they are trying to fake out a few cheap shares. Well, we just got a 700 share trade this AM to bring it down to 33¢. 700 x 33¢ = $231 or a head fake. The bid sits there at 33¢ while the ask is actually higher than the open at 43¢. This OFTEN means we will see higher prices today.

we've gone from $0.33 to $0.53 with 137,700 shares traded today so this is not chump change.

nice....

remember to watch those meaningless headfakes no matter what thruhiker says... smile

-- posted by Kirk

http://biz.yahoo.com/e/020515/bowg.ob.ht...

Top 384. May 15, 2002 9:45 AM

» David_Korn - Re: Re: Headfake Alert

In response to message posted by Kirk:

Good call on that headfake Kirk. I figured the move up today was the result of this press release, although I didn't read anything in it that would seem to spark the additional buying interest today. They still have about $3 million cash to burn, and have generated some (tiny) revenue from Barnes. Did you see anything in there that stuck out?

-- posted by David_Korn

Top 385. May 15, 2002 9:54 AM

» Kirk - Re: Re: Re: Headfake Alert

In response to message posted by David_Korn:

I might write more in the newsletter that I am now working on ... don't have much time to comment here...

THIS IS KEY:

We estimate our ongoing monthly cash outflow will amount to approximately $40,000, which sum includes our monthly payment of approximately $26,000 under the terms of the management services agreement. That agreement can be terminated on ten days written notice.

You can last a LONG time on $3M at that rate.

btw, that is WELL KNOWN and the 10QSB just made it official. it is probably one reason for the accumulation of shares and lack of selling by others...hence the price direction...

-- posted by Kirk

Top 386. May 20, 2002 11:11 AM

» Kirk - Bid vs Ask strangeness

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I just noticed that the Bid and the Ask are Both higher than the last price paid.

It seems someone wants to buy and is losing patience.

or they are very good at screwing with our minds.

so far, Mr Slick is the smart one as he didn't take profits yet and I have taken "some" at 48¢, 64¢ and 67¢ and right now the bid is at 65¢ and the ask at 67.5¢

It cracks me up that this penny stock is making up for my WCOM losses, and then some! The market is sure a strange beast... smile smile

-- posted by Kirk

Top 387. May 20, 2002 11:33 AM

» Slick - Re: Bid vs Ask strangeness

In response to message posted by Kirk:

I also noticed WCOM is up smartly this AM. Gawd I wish I could see into the future like ....( you know who ) and buy a 1k shares. Ow well...

BOWG is acting well, but when it gets to .80...I'm selling all my expensive shares for tax loses.If I get a chance to buy them back cheaper...great. But I wasn't so smart way back when. smile (I do have plenty of cheap shares)

Slick

-- posted by Slick

Top 388. May 20, 2002 11:40 AM

» Kirk - Re: Re: Bid vs Ask strangeness

In response to message posted by Slick:

on tax losses... remember you need gains to offset any in excess of $3,000 in regular income.

I keep some of my expensive shares as "Tax loss coupons" and use them as needed to offset gains that I take.

If you trade the volatility, often best to use cheap IRA shares. Overall, I use a mixture of both. Managing taxes is a huge way to add to your overall return....

btw, I would not advise announcing where you have automatic sells or buys here... save it for after as this stock is VERY thinly traded...

-- posted by Kirk

.
http://biz.yahoo.com/prnews/020521/va162...

Top 389. May 22, 2002 8:14 AM

» Kirk - This is big news

I think it means that there is significant interest in buying BOWG shares from warrant holders IF they can get a fair price.

Of course, it means that there will be less competition for shares now to drive the price higher in the short term but it means there is a source of cash at roughly

625,000 x 52¢ or $325,000 to add to the $3M or so it now has.

Tuesday May 21, 6:27 pm Eastern Time
Press Release
SOURCE: Suite101.com, Inc.
Suite101.com, Inc.

VANCOUVER, May 21 /PRNewswire-FirstCall/ - Suite101.com, Inc. (OTC BB: BOWG) announced today that the terms of its 625,000 outstanding common stock purchase warrants had been amended. The purchase price was reduced to $0.52 from $5.00 and the expiration date was extended to July 15, 2003 from July 15, 2002. The warrants were issued in a private sale of securities in 2000.

This Press Release may contain statements which constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs and current expectations of Suite101.com, Inc., its directors, or its officers with respect to the future business plans and activities of the Company. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or changes in those activities and involve risks and uncertainties. The Company's future business activities involve significant risks, including among others, its possible inability to successfully redirect the Company's activities or enter into any related agreements. Additional important factors that could cause such differences are described in the Company's periodic filings with the Securities and Exchange Commission, including the Company's annual report on Form 10-KSB, quarterly reports on Form 10-QSB and annual report on Form 10-K. The filings may be viewed at http://www.sec.gov.

-- posted by Kirk