PLTG- Platina Energy Group, Inc.- Penny Stock- Oil & Gas Drilling & Exploration

[Jackson Vile]

Good buy in, missed it at the .065 but still an extemly discounted price.

They have a lot of news about to come out, along with SEC filings.

Basicly this is the time of year that PLTG does all of it's action it has expanded extremely well, is still buy new properties, etc

But for the people that are more about indicators just check out the volume went from ~30,000 or less and today struck up to 2,000,000

So this is going to be my pick, looks extremely good from here. And even if you are a sloppy trader it turns out to be a good investment LOL

[Jackson Vile]

This is the news from yesterday, that I was talking about, sorry for the improper posting form I was in too much of a rush.

Platina Energy Group Announces Oil Production of 1500 Barrels per Month
Tuesday March 25, 9:51 am ET


CHEYENNE, WY--(MARKET WIRE)--Mar 25, 2008 -- Platina Energy Group, Inc. (OTC BB:PLTG.OB - News), (Frankfurt5Y.F - News) reports its production run-rate estimates across holdings in Kentucky, Oklahoma, Wyoming and Texas fields. Although Platina has positioned itself as a proven reserve Company, validation of such reserves are further solidified by gross production numbers that will likely exceed 50 barrels per day before the end of April.
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These are preliminary forecasts, for oil now being produced in Texas, Oklahoma and Kentucky. Revenue interests vary but will be further delineated in subsequent SEC filings. The Company is compiling data on its natural gas production that will be available shortly.

Blair Merriam, President and CEO comments, "During a time when the general stock market is under pressure, we are exceeding forecasted performance. Our primary focus remains on the accumulation of reserves. With oil and gas near all time highs, we have incredible hidden proven reserve value behind our stock, positioning Platina as an attractive Company on a fundamental basis."

Doing really well today and will continue to.

[Jackson Vile]

~1.5 million today and all the indicator are turning up with a doji on the bottom.

[Jackson Vile]

[Skydaemon]

Hmm nice. Gonna wait 2 weeks for the 50ma to get close to cutting across the price. If it hasn't popped before then I might join on this one.

[greencat]

Before I post my sentiments if you are in I hope I am wrong. But to be objective we have to agree to disagree.

First it has to go up monday no if ands and buts about it IMO.

I play these type of plays a lot on the forex on the 5 minute chart and when I get the big long red candle the one thing it has to do is take the top of the red long candle out. If it weakens and can't take it out I sell and then go short on it. It is very few times I havent made more money on the short side of it..

(About the forex-- I have an indicator "The Containment Lines" That almost always shows a bounce coming. The 5 minute charts I play usually have more than one big long red candle. It is my favorite play and I will play it everytime. But when it can't take out the last long red Candle I then go short and have nearly a 100% win ratio on the short side-but it is the 5 minute chart and not the daily chart- I also do the opposite on the big long green candles).

On this stock I would be more inclined to wait untill it passed below the long red candle and let it regroup.

The big long red candles can be excellent for bounce plays. But IMO there was a reason for the big drop. Once again if you are in I hope I am wrong I merely point out my experience on the forex with the 5 minute charts...

[Jackson Vile]

Thank you very much for you coments GC, this is my first pick on here so I am very happy to have you comment.

If you take a look it is really at an extreme bottom, lowest I could see it go would be .5

Either way I dumped a lot of money into, if you look the stock does it's action in the coming months.

And like I said if you are an amature like myself, hey it is a really good investment IMO LOL

Also I finally got the letter from them, they emailed it to me. It was just commenting of all the things to come for the season and thanking the investors etc

Empty envelopes freek me out

[Jackson Vile]

It is looking up! And we have some good news.

One thing I would like to point out is how undervalued this company is, I know I know fundamentals are crap ect.

But IMO this is an exception.

Also how do you post a chart so that it continues to update?

[aoles]

this has been moving nicely the past few days. id like to see more volume but its still holding. Indicators have turned and heading up now, might be worth keeping an eye on this

[Jackson Vile]

Just wait until it pops the 32-MA, if it can do that and with the news that will be coming out..............

When this stock breaks, which it does around this time of the year, it goes triple diggits.