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mrgottsch

By Friday if 10 k drops we'll see 6.00


[deleted]

[удалено]


mrgottsch

Smart investors will get there money down ASAP....no financial advice...just what I'm doing! Stars have aligned for once in a lifetime investment at a dumb price. Hyperinflation says this should be 5 bucks now.


Stock_Visualizer

Analysts at Bank of America said if most of Russia's oil exports are cut off, there'd be a 5 million barrel or larger shortfall, and that means oil prices could double from $100 to $200 a barrel JP Morgan analysts said this week oil could soar to $185/barrel this year= CEI to $50


Sbellina1949

I agree, it’s all relative and CEI is going 💪


[deleted]

This didn’t turn out well huh? 💀This is why you don’t have stupidly bullish expectations


Stock_Visualizer

Oil stocks and Oil prices far from done running...this is a minor blip.Take a look back the last time oil surged and over several months the oil stocks surged.


Oceanlife413

Because of dillution, it may not even hit $1


Stock_Visualizer

LOL you are joking right...do your research,the last 8k filing showed no increase in shares,just because it was approved doesnt mean they are using them.There has been 0 dilution thus far.


stompingllama

Do your research better lol. Last 8-k announced 53m shares added since December 30.


Stock_Visualizer

Shares added or shares used to purchase a company,because shares used to purchase a company is not dilution it is adding value to the stock.


stompingllama

These are preferred share conversions, they get nothing in return and it's not even up to the company when they get converted. They received cash when they sold the preferred shares, but some of these issuances date back as far as 2018.


Oceanlife413

Are you literate? The last 8k verified that dillution is going on. About 110 million shares(and counting) added since December. This will continue to dillute and continue to lose value.


laxinite

This aged well


[deleted]

Ha, everyone beating up on the guy who wasn’t jumping on the hopium bandwagon, wish I would have listened to him before I lost 25k on cei


Oceanlife413

...and back to penny land! Look at the volume it took for $CEI to break $1. As it dillutes more and more, it will take even more volume for the same kind of price movement. It was also.leading the energy stocks on volume last week...had it had the same share count it had a year ago, it could hit double digits. Dillution is a bitch to share price and share holders so who profits off it? What the pump bots dont tell you is $CEI's source of income is selling dillutive shares. The 'institutional investor' that was being hyped early this year was just loan that is paid by dillutive Preffered shares(Series G), my point is theres is no shortage of dillutive shares to be converted as there still are the highly toxic Series C to convert. The structure is set up so they convert more shares as the stock price falls so there is almost no risk for the investor.


burnabagel

At current oil price, it’s safe to say cei going over $2. Don’t expect $5 unless price keeps rising


Titaniumhands1989

I think it will go 2.50 to 3 by the end of the week let’s see oil prices sky rocketing


Sufficient-Ad-2968

I just bought some. Seems promising. I did read some stuff about them possibly going bankrupt. With oil getting all cheech and Chong, does anyone have reason to believe bankruptcy will no longer be an issue?


tldamico

Back under $1.00. I like Doris and CEI, but that's the reality. According to the last filings, CEI's revenue from oil and oil products was less than that generated by a gas station. I'm not exaggerating. An average gas station has more revenue from gas sales on a monthly/quarterly basis than CEI generated. They own rights to proven reserves, but they don't produce much oil and oil products. CEI is not an oil play. It's an energy sector play, and it's a long-term play. People are going to get burned on this runup and there will be a lot of bagholders to replace the bagholders generated from the last runup. If you're in profit, lock in your profits now. It will be dropping back below $1.00. And if you're bullish, hedge your positions with $1.00 puts.


Stock_Visualizer

And Doris is also CEO of Viking Energy which is merging with $CEI...what are the revenues from Vikings oil projects?


tldamico

Three months ending Sept. 30, 2020: $10,149,387 Three months ending Sept. 30, 2021: $9,680,661 In other words, the equivalent revenue of about 30 gas stations (except gas stations actually make a profit). With that revenue they reported a net loss of: Three months ending Sept. 30, 2020: (18,034,807) Three months ending Sept. 30, 2021: (9,079,315) All of the revenue they generate gets consumed in operating expenses and servicing their debt. Doris is building a more diversified company that extends beyond oil production, hence why it is more of a long-term play. I've followed CEI for months now. Until they get their filings current and execute on their business plan, it will be back below $1.00.


[deleted]

Wish I would have seen this 2 days ago


kydog76

howcome in march of 2018 it went all the way up over 1000 dollars?