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Wednesday, 14 March 2012

NTRO released their year end report yesterday and the revenue increased by 369% over last year!!!

CHECK THIS OUT!!!

"the Company has reduced its operating expenses by 30.2%"

" the Company has increased its revenue by 369% compared to the twelve months ending January 31, 2011."

And this went unnoticed yesterday!!!

The charts still look awesome!!! NTRO is on the cusp of a major breakout here and an increase of 369% in revenue year over year is nothing to ignore!!!

Alright, so a lot of Co.'s are releasing financials and this could have been missed... These numbers CANNOT be overlooked for long!!!

We are HIGHLY BULLISH on NTRO and STILL See a BREAKOUT on the HORIZON!!!

Here is the report

Nitro Petroleum Incorporated (OTCBB:NTRO) -
Nitro Petroleum Inc. is pleased to announce that the Company's annual financials for the year end 1/31/2012 is now available for review.
Financial conditions and results of operations:
For the fiscal year ended January 31, 2012. The Company had revenue of $533,077 from the production of Oil and Gas, as compared to $144,112 for the fiscal year ended January 31, 2011.
The twelve months ended January 31, 2012; the Company has increased its revenue by 369% compared to the twelve months ending January 31, 2011.
Operational expenses for the twelve months ending January 31, 2012 was $531,323 resulting in a net loss for the period of $296,588. Operational expense for the twelve months ending January 31, 2011 was $761,483 resulting in a net loss for the period of $536,216.
The twelve months ended January 31, 2012; the Company has reduced its operating expenses by 30.2%.
We are currently having the Company's oil and gas reserves evaluated and we will announce the results soon.
This is a very exciting time for Nitro Petroleum Inc., as we believe this year the Company will be in a positive cash flow status, and in addition the company has three additional re-completion opportunities and a drilling prospect that it is to start this year. Thanks you for your continued support.
About Nitro Petroleum: Nitro Petroleum Incorporated is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States and Canada. Nitro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. More information about the Company is available at www.nitropetroleuminc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. We do not intend to, and undertake no duty to, update any such forward looking statements to reflect the impact of circumstances or events that arise after the date such forward looking statements were made.
Contacts:

Nitro Petroleum Incorporated

Investor Relations

405-273-9119
nitropetroleuminc@yahoo.com

www.nitropetroleuminc.com




Sunday, 11 March 2012

NTRO is our Next Alert!!! .0115

NTRO (Nitro Petroleum) "The Company has two primary strategies: the continued development of joint venture properties in highly productive areas, and the redevelopment of mature fields through the innovative use of technology."
Here is a link to there 2011 News Updates on acquisitions and well re completions from there website - http://www.nitropetroleuminc.com/blog/view/2011_Nitro_News_updates

We are in anticipation of the year end financials that are set to come out this week by March 14th according to a PR released Feb. 29 2012. Linked here - http://www.nitropetroleuminc.com/blog/view/Nitro_finalizes_recompletion_of_Quinlan_Wells

Not only are WE anticipating an impressive year end financial release but looking at the charts it gives us reason to believe that many others are as well!
Since the breakout of .009 Feb. 6th there has been a very nice increase in daily avg. volume! all technical indicators are looking great and a "golden cross" of the 50 and 200ma's occurred on Thursday March 8th. on the daily chart. Lots of technical support to help fuel what we suspect to be great news!

The weekly chart is showing incredible strength in the MFI, Full STO and Wm%R. The Macd on the weekly is also making it's move above the 0 line!!! Just another bullish sign longer term as well!!!

Trade Responsibly ;-)

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INTK!!! Congrats so far on the OVER 200% in gains!!!

INTK has been a monster!!! with gains since the original alert of over 200% we are very impressed with the volume that came in leading up to and during the breakout!
With no news  as of yet to fuel this awesome move it is thus far an impressive chart play and proof that TA is an incredibly valuable asset.
As we have mentioned in earlier posts, this bottom has been setting up for over a year and a half! we look forward to continued momentum and Price appreciation! Also can't help but think that someone knows something and we are in anticipation and speculation of news to be released in the near future!!!

If you are a new member to Charts by Originalnewt and missed INTK it wouldn't hurt to keep your eyes on it for a possible pullback and entry point!
If you don't like getting in when a run has already started then don't worry!! We always try to get in before the crowd!!! Our next stock pick could be out as early as tonight. We are currently looking at an oil and gas play that is set to release it's year end financials within the week!!!

Here is a monthly chart look at INTK and possible resistances going forward!!!


Monday, 5 March 2012

INTK Pushed the breakout barrier Monday!!! Remember, Our alerts aren't just one day wonders!!!

INTK has been on FIRE since our alert Feb. 16th @ .024 (here) Potential gains hit 66% today! and the weekly chart that we followed up with on Feb. 20th (here) 

INTK HAS BEEN ON A 3 WEEK GREEN STREAK SINCE OUR ALERT AND WE ARE LOOKING FOR WEEK #4

These charts are setting up absolutely perfect and you couldn't ask for better volume!

Like we said before for INTK, CONGRATS ON THE GAINS so far BUT WE ARE LOOKING FOR MORE HERE!!!

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