3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

WEGI.OB

Started by saffeysite1, August 30, 2005, 09:42:04 PM

Previous topic - Next topic

jing

Two things:
1. Hopefull this company can keep the E off the end of its ticker symbol.

2. Posted 12/7/06 by E. Dunham on flhurricane.com. This was one day prior to the release of the hurricane prediction from Colorado, posted previously:

"The 2006 season was dominated by uncommonly high wind shear in the tropical Atlantic and by a late El Nino that caused an early end to the season. On the 'plus' side, the wind shear should be less of an influence - it would be unusual for such high levels of shear to continue into next season. On the 'minus' side, the latest ENSO outlook issued yesterday (12/05) continues a robust El Nino through next April with a slow weakening in May (and probably June).

Lower wind shear in the basin would normally suggest the likelyhood of higher storm activity, however, this factor is counterbalanced by an El Nino that would suppress activity - at least until August. In fact, if the ENSO forecast verifies, the 2007 season may not get very active until mid September.

With an early start to winter in North America, it would not be unusual to expect an early storm next year, but I think that the vigorous El Nino will make an early season storm less likely in 2007. The upcoming season will probably be slow to get underway, but if ENSO-neutral conditions exist by July, September and October could be quite active in 2007.

My initial outlook for 2007 is for 11 named storms, with 6 hurricanes and 2 major hurricanes and a monthly distribution as follows: May/June - 0, July - 1, August - 2, September - 4, October - 3, and November - 1.

I'll take another look at this in April (in the Storm Forum) and examine some analog years at that time."
Cheers,
ED


Mr. Dunham seems to think that hurricane season won't get going until later in the summer.

This stock will likely see a big gain between now and the start of hurricane season on 6/1/07. I feel pps will likely level off and maybe retreat somewhat before some new buying opportunities will arise with named storms that actually make landfall. This is likely to happen later in the season, maybe mid August through September.
For the biggest gains between now and the start of hurricane season, the time to but is now, IMO.

One other thing.
If you put the chart of WEGI and the chart of NSMG next to each other, they are practicaly twins. I'm long on NSMG as well. See my post there.

superman7

it appears to hit bottom now. Now is the time to get in.   ;D

pinoleropuro


setravis

#63
Double Bottom (reversal) Pattern
at 0.14.... with a low float 
The market doesn't always care about past Fundamentals as much as it does about future dreams, promises...not facts, are important.


52wk Range: 0.08 - 0.29
Volume: 810,723
Avg Vol (3m): 211,901

Technicals
Stochastic - Bullish
Percentage Gainer

Double Bottom (Reversal) Pattern...
The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.

Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.

It is important to remember that the double bottom is an intermediate to long-term reversal pattern that will not form in a few days. Even though formation in a few weeks is possible, it is preferable to have at least 4 weeks between lows. Bottoms usually take longer than tops to form and patience can often be a virtue. Give the pattern time to develop and look for the proper clues. The advance off of the first trough should be 10-20%. The second trough should form a low within 3% of the previous low and volume on the ensuing advance should increase. Volume indicators such as Chaikin Money Flow, OBV and Accumulation/Distribution can be used to look for signs of buying pressure. Just as with the double top, it is paramount to wait for the resistance breakout. The formation is not complete until the previous reaction high is taken out.






"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

pinoleropuro

now we have Tropical Depression Flossie, Hurricane Dean and Tropical Storm Erin.
and we still have September to look forward to.
how do you think this play into the this stock considering that the market is having a meltdown?
http://intellicast.com/Storm/Hurricane/Track.aspx

setravis

Quote from: setravis on August 13, 2007, 03:59:34 PM
Double Bottom (reversal) Pattern
at 0.14.... with a low float 
The market doesn't always care about past Fundamentals as much as it does about future dreams, promises...not facts, are important.


Quote from: pinoleropuro on August 16, 2007, 07:12:10 AM
now we have Tropical Depression Flossie, Hurricane Dean and Tropical Storm Erin.
and we still have September to look forward to.
how do you think this play into the this stock considering that the market is having a meltdown?
http://intellicast.com/Storm/Hurricane/Track.aspx



I think she is panning out very well off the Double Bottom (reversal) Pattern
13-day MA crossed over the 200-day MA, looking to cross over the 50-day MA
52wk Range: 0.08 - 0.40
Volume: 2,199,772
Avg Vol (3m): 311,510

Technicals
Percentage Gainer

Fundamentals
Earnings Expected on Aug 17

Key Data:
Market Cap (M): $5.62 
P/E Ratio: 214.29 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

pinoleropuro

#66
setravis, do you think this would get to $0.40/share based on the hurricane forecast for this season?

here is the Atlantic Basin Seasonal Hurricane forecast for 2007 according to the Department of Atmospheric Science in Colorado State University
http://typhoon.atmos.colostate.edu/forecasts/2007/june2007/jun2007.pdf
Forecast                                                                      issue date May 31st 2007


Named storms                                                              17
Named storm days                                                        85
Hurricanes                                                                     9
hurricane days                                                               40
Intense hurricanes                                                         5
Intense hurricane days                                                   11
accumulated cyclone energy                                          170
Net tropical cyclone activity                                           185

based on the hurricane days prediction we have another month of hurricane activity?
so would it be safe to say that within the next month wegi should do very well?
as good as $0.40/share?


according to the NOAA's 2007 Atlantic Hurricane Oulook
chance above normal activity                                      85% for August
chance near normal activity                                        10%
chance below normal activity                                      5%
Named storms                                                           13-16
Hurricanes                                                                  7-9
Majoy Hurricanes                                                        3-5
Ace Index (% Medn)                                                   140-200
http://www.cpc.noaa.gov/products/outlooks/figure1.gif

setravis

Quote from: pinoleropuro on August 20, 2007, 10:42:50 PM
setravis, do you think this would get to $0.40/share based on the hurricane forecast for this season?

IMHO...Yes !
I think yesterday's selling and buying, she picked up some good support.
I'm looking now to make a run @ the resistance point @ 0.29 .....
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

pinoleropuro

i think thi is it. the tropics are starting to get some activity again. it could be the last chance to make a move. there seems to be strong support at $0.24.

waxweazle

3 things why to buy!

Chart:

http://americanbulls.com/StockPage.asp?CompanyTicker=WEGI&MarketTicker=OTC&TYP=S

a good stockalerd said buy:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22226290

and Hurricansesion:

Felix + Henriette



Felix



Henriette



Invest98



Next waves from Afrika:



the ocean is hot sothis is the engine for the Tropical Storms to a Hurrican



follow me on twitter
http://twitter.com/VIPchartpicks


pinoleropuro

today is the start of the new hurricane season guys and WEGI is at its lowest. this is the perfect time to load the truck and hold until somewhere around sept or so when this thing will be at least twice if not more than what it is now. JMHO

http://americanbulls.com/StockPage.asp?CompanyTicker=WEGI&MarketTicker=OTC&TYP=S

http://typhoon.atmos.colostate.edu/forecasts/2008/april2008/apr2008.pdf

http://www.cpc.ncep.noaa.gov/products/outlooks/hurricane.shtml

I don't think this thing will reach .40/share although it would be nice, more realistically speaking I think that based on historical chart pattern this thing can reach at least three times its current value to somewhere between .19 and .22 a share.

load it up now and ride the wave.  ;)

JMHO


pinoleropuro

#72
this one is looking like its heading towards Louisiana and it could even be a strong cat 3 or cat 4.
looking at $0.20/share by Friday if not higher!!!
JMHO


Quote from: pinoleropuro on June 01, 2008, 11:50:05 PM
today is the start of the new hurricane season guys and WEGI is at its lowest. this is the perfect time to load the truck and hold until somewhere around sept or so when this thing will be at least twice if not more than what it is now. JMHO

http://americanbulls.com/StockPage.asp?CompanyTicker=WEGI&MarketTicker=OTC&TYP=S

http://typhoon.atmos.colostate.edu/forecasts/2008/april2008/apr2008.pdf

http://www.cpc.ncep.noaa.gov/products/outlooks/hurricane.shtml

I don't think this thing will reach .40/share although it would be nice, more realistically speaking I think that based on historical chart pattern this thing can reach at least three times its current value to somewhere between .19 and .22 a share.

load it up now and ride the wave.  ;)

JMHO



pinoleropuro

Holy Smokes!!!
Guys! forget going to $0.20/share
there is another coming behind it!!!
Wegi could go to $.40cents a share !!!!!!!!!!!!!!!!!!!!!!


Quote from: pinoleropuro on August 28, 2008, 04:39:22 AM
this one is looking like its heading towards Louisiana and it could even be a strong cat 3 or cat 4.
looking at $0.20/share by Friday if not higher!!!
JMHO


Quote from: pinoleropuro on June 01, 2008, 11:50:05 PM
today is the start of the new hurricane season guys and WEGI is at its lowest. this is the perfect time to load the truck and hold until somewhere around sept or so when this thing will be at least twice if not more than what it is now. JMHO

http://americanbulls.com/StockPage.asp?CompanyTicker=WEGI&MarketTicker=OTC&TYP=S

http://typhoon.atmos.colostate.edu/forecasts/2008/april2008/apr2008.pdf

http://www.cpc.ncep.noaa.gov/products/outlooks/hurricane.shtml

I don't think this thing will reach .40/share although it would be nice, more realistically speaking I think that based on historical chart pattern this thing can reach at least three times its current value to somewhere between .19 and .22 a share.

load it up now and ride the wave.  ;)

JMHO



waxweazle

Chart :

and the hurricans:







follow me on twitter
http://twitter.com/VIPchartpicks