Falcon Oil & Gas

FO-X

Analysis and Opinions about FO-X

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 18, 2009
Gas play in Hungary. There is gas there but can you get it out and can you do it economically? It is very deep. Exxon is a good partner but a slow one.
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Falcon Oil & Gas (FO-X)
November 18, 2009
Gas play in Hungary. There is gas there but can you get it out and can you do it economically? It is very deep. Exxon is a good partner but a slow one.
SELL
SELL
November 6, 2009
Exxon Mobil just finished drilling a well (in Hungary) and did some drill stem tests and came up with fresh water. Most water in an oil well is salty and briny.
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Falcon Oil & Gas (FO-X)
November 6, 2009
Exxon Mobil just finished drilling a well (in Hungary) and did some drill stem tests and came up with fresh water. Most water in an oil well is salty and briny.
DON'T BUY
DON'T BUY
November 5, 2009
A speculative stock trying to find some oil in Hungary. People only in the stock should have had a stoploss at around $.40.
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Falcon Oil & Gas (FO-X)
November 5, 2009
A speculative stock trying to find some oil in Hungary. People only in the stock should have had a stoploss at around $.40.
DON'T BUY
DON'T BUY
September 30, 2009
Very difficult company because they are chasing tight gas in Hungary and execution is very difficult.
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Falcon Oil & Gas (FO-X)
September 30, 2009
Very difficult company because they are chasing tight gas in Hungary and execution is very difficult.
DON'T BUY
DON'T BUY
May 20, 2009
Gas in Hungary. Management grilled for deep gas, found some, but not enough to make it commercially viable. High risk.
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Gas in Hungary. Management grilled for deep gas, found some, but not enough to make it commercially viable. High risk.
BUY
BUY
January 15, 2009
In partnership with Exxon (XOM-N), which has saved them. Exxon is going to be drilling one of the large fields and assessing what exactly is there. If they find something, the stock will trade back up.
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Falcon Oil & Gas (FO-X)
January 15, 2009
In partnership with Exxon (XOM-N), which has saved them. Exxon is going to be drilling one of the large fields and assessing what exactly is there. If they find something, the stock will trade back up.
HOLD
HOLD
September 25, 2008
(Market Call Minute.) Have an interesting prospect. Trying to diversify their asset base. Speculative.
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Falcon Oil & Gas (FO-X)
September 25, 2008
(Market Call Minute.) Have an interesting prospect. Trying to diversify their asset base. Speculative.
DON'T BUY
DON'T BUY
September 4, 2008
This one is almost like being in a casino. The asset could be very big. The gas is there but can they take the gas out at a profit. Have spent a lot of money to make it work, so far unsuccessfully.
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Falcon Oil & Gas (FO-X)
September 4, 2008
This one is almost like being in a casino. The asset could be very big. The gas is there but can they take the gas out at a profit. Have spent a lot of money to make it work, so far unsuccessfully.
COMMENT
COMMENT
September 3, 2008
Starting to make a base. Use a stoploss of around $.60/$.70.
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Falcon Oil & Gas (FO-X)
September 3, 2008
Starting to make a base. Use a stoploss of around $.60/$.70.
DON'T BUY
DON'T BUY
August 20, 2008
Used to own this but sold out at about $6 and then they ran out of money. Stock is very expensive and there is a lot of uncertainty and a long timeline.
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Falcon Oil & Gas (FO-X)
August 20, 2008
Used to own this but sold out at about $6 and then they ran out of money. Stock is very expensive and there is a lot of uncertainty and a long timeline.
PARTIAL BUY
PARTIAL BUY
August 15, 2008
Totally speculative stock. Pleased that it spent a year in base building at around $0.50. Above its 200 day moving average. Don’t put too much into it. Roughly use a $0.60 stop/loss.
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Falcon Oil & Gas (FO-X)
August 15, 2008
Totally speculative stock. Pleased that it spent a year in base building at around $0.50. Above its 200 day moving average. Don’t put too much into it. Roughly use a $0.60 stop/loss.
DON'T BUY
DON'T BUY
August 12, 2008
MACD turned around some time in March and is currently trending down. Until you see it crossover, you should wait. Regarding upside, there is some resistance at the $1.02 level. ($0.69 should be a stoploss.)
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Falcon Oil & Gas (FO-X)
August 12, 2008
MACD turned around some time in March and is currently trending down. Until you see it crossover, you should wait. Regarding upside, there is some resistance at the $1.02 level. ($0.69 should be a stoploss.)
COMMENT
COMMENT
July 15, 2008
The gas is known to be there. The question is, is it economic. Have done many wells, and so far has not turned out positive. Still feels there is tremendous risk. If they ever succeed there is billions of $’s upside.
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The gas is known to be there. The question is, is it economic. Have done many wells, and so far has not turned out positive. Still feels there is tremendous risk. If they ever succeed there is billions of $’s upside.
COMMENT
COMMENT
June 24, 2008
Have an interesting asset base. The issue with this company is the extremely deep, expensive gas drilling in Rumania. Recent joint venture with Mobil Exxon is encouraging. Waiting to see what targets they have identified and what the results will be. Will be news driven. Very speculative.
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Have an interesting asset base. The issue with this company is the extremely deep, expensive gas drilling in Rumania. Recent joint venture with Mobil Exxon is encouraging. Waiting to see what targets they have identified and what the results will be. Will be news driven. Very speculative.
COMMENT
COMMENT
June 19, 2008
Speculation drove it up to $7 in 2006 and it then sold off. It is quite positive now that it has finished building a base and has broken above the down trend line.
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Speculation drove it up to $7 in 2006 and it then sold off. It is quite positive now that it has finished building a base and has broken above the down trend line.
COMMENT
COMMENT
June 9, 2008
Natural gas in Hungary. New management team is much more driven to cash flow. Relatively high risk.
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Natural gas in Hungary. New management team is much more driven to cash flow. Relatively high risk.
COMMENT
COMMENT
June 4, 2008
Extremely speculative. Could be a home run, might be a bust. Be cautious.
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Extremely speculative. Could be a home run, might be a bust. Be cautious.
WAIT
WAIT
May 29, 2008
On his radar screen. Deposit in Hungary looks quite sizable and could be extremely prospective to him. Very expensive drilling as it is very deep. Recently announced a joint venture with Exxon Mobil (XOM-N), which got the stock recovering off its lows. Stock may pause for a while because of an absence of news flow. They will not be doing any drilling till late this year or early next. Consider buying later this summer before drilling starts.
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On his radar screen. Deposit in Hungary looks quite sizable and could be extremely prospective to him. Very expensive drilling as it is very deep. Recently announced a joint venture with Exxon Mobil (XOM-N), which got the stock recovering off its lows. Stock may pause for a while because of an absence of news flow. They will not be doing any drilling till late this year or early next. Consider buying later this summer before drilling starts.
COMMENT
COMMENT
April 29, 2008
Just signed a joint venture with Exxon Mobil (XOM-N). Prior to this, he was concerned with a number of issues including that they were running out of cash. The wells they are drilling are extremely deep. Expect the stock will start moving up over time. Quite speculative.
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Falcon Oil & Gas (FO-X)
April 29, 2008
Just signed a joint venture with Exxon Mobil (XOM-N). Prior to this, he was concerned with a number of issues including that they were running out of cash. The wells they are drilling are extremely deep. Expect the stock will start moving up over time. Quite speculative.
DON'T BUY
DON'T BUY
April 29, 2008
Stock has picked up because of a deal they did with Exxon Mobil (XOM-N). The past has not been very good. All the wells that have been done have shown the project to be not economic. The gas is there, but it's more about bringing it to the service at a reasonable price.
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Falcon Oil & Gas (FO-X)
April 29, 2008
Stock has picked up because of a deal they did with Exxon Mobil (XOM-N). The past has not been very good. All the wells that have been done have shown the project to be not economic. The gas is there, but it's more about bringing it to the service at a reasonable price.
DON'T BUY
DON'T BUY
April 24, 2008
A very risky stock. Anytime you get into the political never-never land, you want to go elsewhere.
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Falcon Oil & Gas (FO-X)
April 24, 2008
A very risky stock. Anytime you get into the political never-never land, you want to go elsewhere.
DON'T BUY
DON'T BUY
April 24, 2008
Just signed a joint venture with Exxon Mobil (XOM-N). They still have to drill a fair number of holes to prove the reserves. Very expensive drilling because of very deep wells. At these levels, you are taking a very high risk.
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Falcon Oil & Gas (FO-X)
April 24, 2008
Just signed a joint venture with Exxon Mobil (XOM-N). They still have to drill a fair number of holes to prove the reserves. Very expensive drilling because of very deep wells. At these levels, you are taking a very high risk.
COMMENT
COMMENT
April 15, 2008
Exxon Mobil (XOM-N) has gone in on a joint venture with them in Hungary but you should look at this on its own merits. Never buy a stock on the prospect that it might be a takeover.
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Falcon Oil & Gas (FO-X)
April 15, 2008
Exxon Mobil (XOM-N) has gone in on a joint venture with them in Hungary but you should look at this on its own merits. Never buy a stock on the prospect that it might be a takeover.
DON'T BUY
DON'T BUY
April 4, 2008
This has been a very ugly situation. They spent a lot of money in Hungary. Very deep wells. Costs per well are very high. Fundamentals are still very tough. Total rank speculation.
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This has been a very ugly situation. They spent a lot of money in Hungary. Very deep wells. Costs per well are very high. Fundamentals are still very tough. Total rank speculation.
DON'T BUY
DON'T BUY
February 29, 2008
Involved with some very, very deep gas, so the cost of drilling is huge. It is somewhat under funded in terms of developing its program. Failed to come up with a joint venture partner and ended up doing a share issue to raise some money in order to evaluate some of the wells. Big potential and always looks tremendous but the problem is getting the gas and producing it. Feels it is some time a way for that.
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Falcon Oil & Gas (FO-X)
February 29, 2008
Involved with some very, very deep gas, so the cost of drilling is huge. It is somewhat under funded in terms of developing its program. Failed to come up with a joint venture partner and ended up doing a share issue to raise some money in order to evaluate some of the wells. Big potential and always looks tremendous but the problem is getting the gas and producing it. Feels it is some time a way for that.
DON'T BUY
DON'T BUY
January 31, 2008
Failed to execute big-time, ran out of money and has a problem trying to raise more money and getting a new partner. Sold his holdings a long time ago. In the “lottery ticket” category right now.
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Falcon Oil & Gas (FO-X)
January 31, 2008
Failed to execute big-time, ran out of money and has a problem trying to raise more money and getting a new partner. Sold his holdings a long time ago. In the “lottery ticket” category right now.
COMMENT
COMMENT
January 30, 2008
Oil/gas play in Hungary. Were not able to complete a couple of their drillings. Initial tests results were not very strong. Brought a new management and did another round of financing at $.40. Very risky stock but the risk/reward is good.
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Falcon Oil & Gas (FO-X)
January 30, 2008
Oil/gas play in Hungary. Were not able to complete a couple of their drillings. Initial tests results were not very strong. Brought a new management and did another round of financing at $.40. Very risky stock but the risk/reward is good.
DON'T BUY
DON'T BUY
January 4, 2008
The game is over for this one. A lot of the Venture stocks involve promotion.
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Falcon Oil & Gas (FO-X)
January 4, 2008
The game is over for this one. A lot of the Venture stocks involve promotion.
HOLD
HOLD
December 12, 2007
Have taken on additional staff with high skills. The natural gas is at a great depth. This is a speculation. Sold most of his holdings. If you owned, there is no point selling at this time.
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Falcon Oil & Gas (FO-X)
December 12, 2007
Have taken on additional staff with high skills. The natural gas is at a great depth. This is a speculation. Sold most of his holdings. If you owned, there is no point selling at this time.
DON'T BUY
DON'T BUY
December 11, 2007
Sold his holdings when he thought they were taking too long and they were looking for a joint venture partner. Did a Rights Offering so have a little bit more cash. The real issue here is the cost of drilling. Very deep drilling. No cash flow. Really need somebody with deep pockets.
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Falcon Oil & Gas (FO-X)
December 11, 2007
Sold his holdings when he thought they were taking too long and they were looking for a joint venture partner. Did a Rights Offering so have a little bit more cash. The real issue here is the cost of drilling. Very deep drilling. No cash flow. Really need somebody with deep pockets.
DON'T BUY
DON'T BUY
November 23, 2007
Bought the stock on a fundamentalist’s say-so and is holding on just because of stubbornness. Technically, there is no reason to own this.
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Falcon Oil & Gas (FO-X)
November 23, 2007
Bought the stock on a fundamentalist’s say-so and is holding on just because of stubbornness. Technically, there is no reason to own this.
COMMENT
COMMENT
November 14, 2007
Have about $15 million or so of cash. The problem is, the wells they are drilling are extremely deep and expensive. They need a large partner to joint-venture with them to fully exploit the assets. Needs news in order to move.
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Falcon Oil & Gas (FO-X)
November 14, 2007
Have about $15 million or so of cash. The problem is, the wells they are drilling are extremely deep and expensive. They need a large partner to joint-venture with them to fully exploit the assets. Needs news in order to move.
SELL
SELL
November 5, 2007
Very interesting play, but it’s broken right now. The issue is they have spent a lot of money drilling in Hungary. Potentially a huge amount of gas. All results so far are uneconomical, so would be hesitant to put his money on it.
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Falcon Oil & Gas (FO-X)
November 5, 2007
Very interesting play, but it’s broken right now. The issue is they have spent a lot of money drilling in Hungary. Potentially a huge amount of gas. All results so far are uneconomical, so would be hesitant to put his money on it.
HOLD
HOLD
October 30, 2007
He has followed this stock since it was at 30 cents. The company has been struggling and spending a lot of money. It is a high risk and high potential company. Recommends to continue to hold if you own.
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Falcon Oil & Gas (FO-X)
October 30, 2007
He has followed this stock since it was at 30 cents. The company has been struggling and spending a lot of money. It is a high risk and high potential company. Recommends to continue to hold if you own.
SELL
SELL
October 22, 2007
It's in the dog house, and no reason to get out of the dog house.
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Falcon Oil & Gas (FO-X)
October 22, 2007
It's in the dog house, and no reason to get out of the dog house.
COMMENT
COMMENT
October 12, 2007
Deep gas drilling in Hungary. Just added new board members, which was significant in that it should help the overall scenario. An interesting spec at these prices. Need a partner to further develop their fields.
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Falcon Oil & Gas (FO-X)
October 12, 2007
Deep gas drilling in Hungary. Just added new board members, which was significant in that it should help the overall scenario. An interesting spec at these prices. Need a partner to further develop their fields.
DON'T BUY
DON'T BUY
October 11, 2007
Deep gas resources play in Hungary. The results that have come through have not justified the market cap. Too high a risk.
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Falcon Oil & Gas (FO-X)
October 11, 2007
Deep gas resources play in Hungary. The results that have come through have not justified the market cap. Too high a risk.
DON'T BUY
DON'T BUY
October 5, 2007
Would not be a buyer of this company. The Hungary deep gas has always played into cycles. Really deep, complicated stuff. There is a lot of stock outstanding on this company.
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Falcon Oil & Gas (FO-X)
October 5, 2007
Would not be a buyer of this company. The Hungary deep gas has always played into cycles. Really deep, complicated stuff. There is a lot of stock outstanding on this company.
WAIT
WAIT
September 27, 2007
Has dropped back and now he needs a longer term of base building.
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Falcon Oil & Gas (FO-X)
September 27, 2007
Has dropped back and now he needs a longer term of base building.
WEAK BUY
WEAK BUY
September 14, 2007
Deep gas in Europe. This one is perplexing in terms of how management has handled their communications. Have spent a lot of money and are now looking for a joint venture partner. Speculative buy at this price.
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Falcon Oil & Gas (FO-X)
September 14, 2007
Deep gas in Europe. This one is perplexing in terms of how management has handled their communications. Have spent a lot of money and are now looking for a joint venture partner. Speculative buy at this price.
DON'T BUY
DON'T BUY
September 10, 2007
Has never liked this one. Extraordinarily promotional. Very deep gas in Hungary. Extremely expensive to find it and get it out. Needs more financial backing.
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Falcon Oil & Gas (FO-X)
September 10, 2007
Has never liked this one. Extraordinarily promotional. Very deep gas in Hungary. Extremely expensive to find it and get it out. Needs more financial backing.