3SOF

Quote from: cumulina on September 12, 2006, 01:53:48 PM
I'm glad that you made money on it, Melf Elf. Well done.

cumulina,

Thanks, but I didn't short it.  It trades only about 45,000 shares a day (100 day average), so much too illiquid.

Quote
Hopefully I'll learn from this!

That's the important thing.  Good luck.  You'll get 'em next time. 

Oooooh-dear, ooooooh-dear!

Someone got tired of FPP this morning and dumped a lot of shares.

Look at the volume...

I guess the chart speaks for itself.

Quote from: cumulina on October 09, 2006, 03:48:09 PM
Oooooh-dear, ooooooh-dear!

Someone got tired of FPP this morning and dumped a lot of shares.

Look at the volume...

I guess the chart speaks for itself.

cumulina,

Brutal chart.  Applause for showing up on the thread.  Most threads get abandoned when stocks go down, and only get revisited when stocks go UP. 

Quote from: Melf Elf on October 09, 2006, 06:32:24 PM
Brutal chart.  Applause for showing up on the thread.  Most threads get abandoned when stocks go down, and only get revisited when stocks go UP. 

There is only one answer to that, there are lots of LONG side than SHORT side traders in this website

Quote from: Terliso on October 09, 2006, 09:10:52 PM

Quote from: Melf Elf on October 09, 2006, 06:32:24 PM
Brutal chart.  Applause for showing up on the thread.  Most threads get abandoned when stocks go down, and only get revisited when stocks go UP. 

There is only one answer to that, there are lots of LONG side than SHORT side traders in this website

Very simple answer Terliso Applaud.... 
I will be the first to say, I fit in your assessment, "LONG Side Trader" 

Alister and setravis,

Trading long or short wasn't my point.  Given the amount of time and effort that we put into analyzing these stocks, I simply appreciated cumulina following up on FPP.  How do these stocks that we discuss turn out?  Was it bullish?  Was it bearish?  etc.

Sorry that I wasn't more clear about that.

Thanks for the comments, guys - and the analysis, Melf.

Finally a sign of life in this little fellow.

The volume has increased nicely, so it looks like the worst is over - I hope! 

I don't know how to annotate the chart, but draw your own lines (and conclusions)

One of the rare occations when FPP posts news!
I'm looking fwd. to see what they will do with this...
I sure hope that we're moving up from the bottom now. It has been rough.


FieldPoint Petroleum Corporation Closes $50 Million Senior Revolving Credit Facility with Citibank
Thursday October 19, 9:00 am ET
Funds to be Used for Acquisitions, Drilling and Working Capital

AUSTIN, Texas--(BUSINESS WIRE)--FieldPoint Petroleum Corporation (AMEX:FPP - News) announced today that it has closed a $50,000,000 credit facility with Citibank N.A. Under this facility, loans and letters of credit will be available to the Company on a revolving basis in an amount outstanding not to exceed the lesser of $50,000,000 or the then current borrowing base. The initial borrowing base will be set at $5,000,000, and will be adjusted semiannually.

ADVERTISEMENT
FieldPoint President and CEO Ray D. Reaves said, "As we have previously stated, being able to enter into a strong banking facility is an important part of laying the foundation for accelerating our growth. I am extremely pleased that FieldPoint has been able to establish this relationship with a prestigious energy lender that has a national presence in oil and gas. Having the opportunity to enter into a facility of this size is a strong confirmation that our long standing strategy of conservative acquisition of properties is the right one for us. This is a major milestone for FieldPoint and I believe that it significantly improves our posture regarding expansion through acquisition. Combined with our favorable cash position and lack of debt, FieldPoint is well positioned for strong growth."

FieldPoint Petroleum Corporation is engaged in oil and gas exploration, production and acquisition, primarily in Louisiana, New Mexico, Oklahoma, Texas and Wyoming. For more information, please visit www.fppcorp.com.

FINALLY some news - good news - from FPP.

http://biz.yahoo.com/bw/061228/20061228005239.html?.v=1

Stock is rising, up 10% now.

About time too - phew!

3SOF community, seems to have taken eyes off this one...

Energy plays have been in searing uptrends,should be buying on the pullback !

Support @ $5.14...4.47...3.98
Resistance @ $7.73

Technicals
Stochastic - Bullish
Percentage Gainer

Last Price Quote is:
23.32%above 13-day MA
96.52%above 50-day MA

AUSTIN, Texas, Jun 16, 2008 (BUSINESS WIRE) -- FieldPoint Petroleum Corporation (FPP) today announced the acquisition of various interests in the Spraberry Trend located in Midland County, Texas and in the Flying M Field located in Lea County, New Mexico. The Spraberry Trend is operated by Pioneer Natural Resources (PXD), and the Flying M Field is operated by Chesapeake Energy Corp (CHK). The acquisition price is $1,295,000 for various interests in seven producing wells and the leasehold and related equipment, effective July 1, 2008. The working interests range from 6.5% to 39.25% and the net revenue interests range from 5.69% to 29.44%. Based upon engineering reports and certain standard assumptions, this is expected to add approximately 41,000 BOE in proved developed producing reserves net to FieldPoint. FieldPoint's belief is that the proved producing reserves could increase when and if additional wells are drilled or recompleted.

"We are excited to be the successful bidder for these properties," stated Ray Reaves, President and CEO for FieldPoint. "It is an important acquisition for FieldPoint. We estimate that the reserves acquired could replace more than 50% of our total 2008 oil and natural gas production. We also believe that this acquisition could further serve to increase our production by affording FieldPoint the opportunity for certain additional development in these fields."

About FieldPoint Petroleum Corp. www.fppcorp.com

FieldPoint Petroleum Corporation is engaged in oil and gas exploration, production and acquisition, primarily in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming.

This press release may contain projection and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. A discussion of important factors that could cause actual results to differ from those projected, such as decreases in oil and gas prices and unexpected decreases in oil and gas production, is included in the company's periodic reports filed with the Securities and Exchange Commission (at www.sec.gov).

SOURCE: FieldPoint Petroleum Corp.


FieldPoint Petroleum Corp., Austin 
Ray D. Reaves, 512-250-8692 
President 
[email protected] 

Copyright Business Wire 2008



52wk Range: 1.20 - 2.50
Volume: 2,178,480
Avg Vol (3m): 11,804.5
Market Cap: 53.93M
P/E (ttm): 71.95
EPS (ttm): 0.09
Div & Yield: N/A (N/A)

Technicals
Percentage Gainer

Last Price Quote is:
20.10%above 13-day MA
69.31%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

SmallCapInvestor.com
Royale Energy, Jazz Pharmaceuticals and Manitex International lead small-cap percentage gainers
Tuesday June 24, 12:41 pm ET
Will Atkinson


Royale Energy Inc (NasdaqGM:ROYL), Jazz Pharmaceuticals Inc (NasdaqGM:JAZZ) and Manitex International Inc (NasdaqCM:MNTX) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Pzena Investment Management Inc (NYSE:PZN), AspenBio Pharma Inc (NasdaqCM:APPY), Cytori Therapeutics Inc (NasdaqGM:CYTX), IXYS Corp (NasdaqGM:IXYS), FieldPoint Petroleum Corp (AMEX:FPP) and Torch Energy Royalty Trust (NYSE:TRU).
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FPP has been on a binge buying up potential oil fields and increasing the size of its reserves.
So far, the buys haven't impacted its balance sheet but that's expected to change over the next two quarters.
Otherwise, FPP's economics are lackluster. Purely a spec play at this point.
Having lots of success in the energy field.
Good Trading to all!





52wk Range: 1.20 - 2.50
Volume: 3,314,098
Avg Vol (3m): 11,804.5
Market Cap: 61.08M
P/E (ttm): 81.49
EPS (ttm): 0.09
Div & Yield: N/A (N/A)


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
17.42%above 13-day MA
66.81%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A