EDEX - O&G Play possible 1 TCF of Natural Gas! - Page 44

Strange Day

I can't believe 1 trade at .10 cents,Who is the market maker for this stock?I ask my broker why there would be a trade below what I offered to buy edex for recently, and I didn't get a good answer.If someone is willing to pay .106 which I was;why would it be filled at .10?The offer was for more shares than sold.Anybody know?Thankfully Yours Jan

No idea. Someone I know had a buy in for 25K at .145 today that never got filled. Their other buy for 25K at .15 was filled in two seperate transactions.

I'm confused you had a bid in at .106 and they filled it at .10?

bid more than filled order

I bid more than what the order was filled at.I was willing to pay more than what the seller recieved.Just like your friend who bid .145 shouldn't she have recieved some shares?Jan

41,056 shares below .145

Today more than 41,056 shares sold below .145.Don't know why their broker didn't get the best price for them!Jan

whats up

very weird trading most volume is at the low price of .10-.12 cents with only a few thousand at .165.Large spread with no trades in between.

mms trying to shake the week hands. Trying pretty hard too. They are not even reflecting the bids between the .10 and .165

Should be going up soon

WTF is going on??? Down 30% or more on very low volume! Give me a break!

It's a shake down, kinda like the school bully stealing your lunch money.

No Volume

It did scare me at first but the volume is still under 50,000 and the trades didn't have any follow thru.The trades I think were minipulated,hold tight and wait for some real trades on high volume.Then make an informed choice.Jan

Good call janabel with an 80 million float (that is held very tight btw) there is no volume. No need to panic, just a mm fake out. The longer the volume stays this low the more money the mms lose out on.

They will start to raise the bid soon to find a few sellers.

Could the .10 sells represent restricted stock being issued? Say, like to pay for advertising? Maybe the shares issued for the advertising were issued at .10, and finally cleared.

As far as I know that isn't the case. If the shares were restricted than they couldn't be sold yet. Stable bought restricted shares of edex at .10 but they can't sell them for at least another 9 months or so. The million shares issued to pay for advertising to my knowledge were issued at .25 because that is the pps they guaranteed Tom edex would get to just using their advertising. Those too were restricted and can not be sold for a year.

Because the volume is so low I just expect most of it is mm trading between one another, trying to manipulate the market to there favor. All of this is JMHO take it for what it is worth. Shaking the tree for the ripe fruit.

Thanks. The price swings are just so unbelievable. It makes sense that the shares used to pay for the ads were issued at .25. That was their value if it worked out.

Consolidating nicely should start to see some more action early next week.

80,750 in the.12 cent range

Whats up?Does anybody know any news?Wheres the Texas rig?Thanks Jan

The hardman rig has been abducted by aliens as far as I can tell...lol

Actually the Mesa had been pushed up and now they expect to be able to start the 15th or 16th of this month.

Tom was still trying to track down the start date for the hardman. Since EDEX only has a 5% interest in that someone else is running the show and there has been a slight delay.

But Mesa is starting next week, yeah. Gotta love it baby.

Volume is starting to dry up so the pps should start to rise if it follows previous trends.

Thanks

I appreciate the update.The Hardeman rig not showing up stoped a nice move; instead of firming and rising from .16-.18, we dropped to .12-.13. Now we'll have to retrace that lost 6-8 cents.No news was bad news!Well at least it was on low volume,hoping for the best .Jan

Hoping for a steady climb next week with the BIG MESA drill coming up so soon.

Shouldn't take much to retrace back to .18

Isn't there going to be a company share holder meeting 9/12? Anybody tracking this?

Im' not tracking yet