Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
NuOil & Gas (NUOG) has never failed to make me laugh and despair in equal measure. Years of hot air and puff followed by placings. A new bright future (cough cough) was meant to be on the horizon as a cash shell backed by James Parsons and Marco Furmagalli. Unfortunately it would appear the one asset they had is so good it cannot even be given away!
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