Saturday, September 18, 2010

For Investors: KOG -- Nice Move Up in Two Weeks

KOG has quietly moved back up without much fanfare. After KOG's announcement to issue more shares, its share price dropped fairly quickly and predictably.

Just two weeks ago, on August 31, 2010, KOG sold for as low as $2.46. Since then KOG has risen quietly, up more than 25 percent, and is now back up to $3.10.

If I could turn back time, I would take back those words I said about KOG. Smile.

For newbies, there's an incredible amount of information on this site, and it's all ad-free, unless something's embedded in a link that's not mine. I would direct you first to "Running With Oil" if you want to know what the Bakken is all about. 


If I Could Turn Back Time, Cher
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2 comments:

  1. embraceyourinnerhillbillySeptember 19, 2010 at 2:49 AM

    HiYa Bruce,

    I mean to quibble...I picked up a few shares of KOG at 2.45¢...a whopping ONE CENT below...:)

    I've learned that the best buying opportunity in the Baaken Co's is to wait for the latest Shelf offering...the price will dip below the new share price within a month or so...set a Limit order price (how I got 2.45¢)...patience is key...as long as Oil stays in this current range of mid-70's.

    ReplyDelete
  2. Bruce OksolSeptember 19, 2010 at 9:02 AM

    Ya done good!

    ReplyDelete

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