ENT

[TheChartGuru]

Running!

In 5,000 shares at an average of $4.64

The Guru has spoken

[Riddicks]

What are you expecting? Is it a possible BB breakout.

[Jordan]

Running!

In 5,000 shares at an average of $4.64

The Guru has spoken



Nice pick! still going...my be the next 100% gainer

[TheChartGuru]

What are you expecting? Is it a possible BB breakout.

It is a continuation of a BB squeeze that occured in mid February. The ma50 is near an ma200 crossover which is very bullish. Can it run to $20? Another PDO? We'll see.

http://tinyurl.com/3vzyt6

The Guru has spoken

[TheChartGuru]

May have a big run if it breaks above $5 and the institutions can begin to buy it. Currently, 4.96

The Guru has spoken

[Riddicks]

Just got myself in for 1000 shares. Lets go.

[gferrets]

Looks very overbought. I can see this stock falling a dollar or two no problem. The majority of stocks do not continue to climb like MXC or PDO. And those too will soon fall. Too me this stock is a very risky buy at these prices. JMHO.

Grass Ferrets

[Homie2982]

Just got myself in for 1000 shares. Lets go.
YOUR BARLEY MAKING IT wish you the best of luck its at. 4.769 right now you picked it up at 4.74 should have sold off at 5.00 would have been a nice little gain good luck though.

[Riddicks]

What are you gonna do, it likes to tease.

[John Law]

I made a small trade on this today, from 4.78 to 4.91. Thanks for the tip, Frank.

JL

[John Law]

ohh the carnage! Trading at just above 4 currently. This is why I watch these penny stocks like a hawk if ever I am bold enough to trade. Hope everyone got out of this in one piece.

[Riddicks]

I booked it on this yesterday when it couldn't break $5. But that might have been the only positive thing for me this whole week.

[Supreona]

ohh the carnage! Trading at just above 4 currently. This is why I watch these penny stocks like a hawk if ever I am bold enough to trade. Hope everyone got out of this in one piece.

:laugh:...Carnage? Thats a little much. It was more like a synchronized sale. MXC,PDO & FPP are obviously tied to the price of oil. If there even is a "bubble" it definitely hasn't burst. The majority of the commodities traders had a predetermined price target of $135 per barrel before they'd sell, hence todays profit taking. Nothing has changed, no new inventory data, no new sources, no increased production by OPEC or anybody else for that matter. They'll just set a new target...reach it...and sell it again. It may not be that high, maybe $140-$150 and when they reach it...there'll be another bout of profit taking.

...Carnage...

[madcowdisease]

:laugh:...Carnage? Thats a little much. It was more like a synchronized sale. MXC,PDO & FPP are obviously tied to the price of oil. If there even is a "bubble" it definitely hasn't burst. The majority of the commodities traders had a predetermined price target of $135 per barrel before they'd sell, hence todays profit taking. Nothing has changed, no new inventory data, no new sources, no increased production by OPEC or anybody else for that matter. They'll just set a new target...reach it...and sell it again. It may not be that high, maybe $140-$150 and when they reach it...there'll be another bout of profit taking.

...Carnage...

I'm not so sure it was an arbitrary price target per se. Most talking heads said $125 would be the next target after it breached $110. It blew right passed that to $135.

I would attribute today's "profit taking" to the fact crude was up $5 a barrel yesterday on nothing but a small drop in US inventories after 5 weeks of building inventories. And this is all just compared to what the forecasters thought would be the numbers. Crude is so manipulated it's sick.

I'm confident that until the gov't steps in and increases the required deposit we'll see crude continue higher. We might even see $200 just like Goldman set their sights on in the not too distant future. Afterall, we're not even in vacation season for the USA - still the biggest consumer with 30% of crude consumption. Once Americans start driving we should see crude run to 150 and beyond if it made it this far on nothing but speculation just wait until actual demand kicks in.

I'm playing it via Canadian oil sands companies (specifically NXY & BQI). Friendly and stable gov't and increasing production seems like a recipe for accelrating revenue growth - our best friend.

[Supreona]

I'm not so sure it was an arbitrary price target per se. Most talking heads said $125 would be the next target after it breached $110. It blew right passed that to $135.

I would attribute today's "profit taking" to the fact crude was up $5 a barrel yesterday on nothing but a small drop in US inventories after 5 weeks of building inventories. And this is all just compared to what the forecasters thought would be the numbers. Crude is so manipulated it's sick.

I'm confident that until the gov't steps in and increases the required deposit we'll see crude continue higher. We might even see $200 just like Goldman set their sights on in the not too distant future. Afterall, we're not even in vacation season for the USA - still the biggest consumer with 30% of crude consumption. Once Americans start driving we should see crude run to 150 and beyond if it made it this far on nothing but speculation just wait until actual demand kicks in.

I'm playing it via Canadian oil sands companies (specifically NXY & BQI). Friendly and stable gov't and increasing production seems like a recipe for accelrating revenue growth - our best friend.


Wow, MadCow...an actual post with some substance and logic behind it.

Not the usual routine of "Sell it, its too high!!!"...That sentiment has grown a little tired.

Well at least you didn't refer to forum members as novices...you definitely get points for that.

You are definitely right about the fact that crude can be manipulated...look at today for example, the good old boys got together and sold it off...and the Amex Micros followed suit along with every other oil and gas play.

Hmmmmm now would I take the advice of Goldman Sachs & Boone Pickens, or fear mongering posters...not really a hard decision.

Hopefully Goldman Sachs and Boone Pickens aren't "novices".

[John Law]

:laugh:...Carnage? Thats a little much. It was more like a synchronized sale. MXC,PDO & FPP are obviously tied to the price of oil. If there even is a "bubble" it definitely hasn't burst. The majority of the commodities traders had a predetermined price target of $135 per barrel before they'd sell, hence todays profit taking. Nothing has changed, no new inventory data, no new sources, no increased production by OPEC or anybody else for that matter. They'll just set a new target...reach it...and sell it again. It may not be that high, maybe $140-$150 and when they reach it...there'll be another bout of profit taking.

...Carnage...

Thanks for the insight. I tend to think that a 20% drop from yesterday's high is a lot, but then, I am just a humble member of the hoi polloi.

[Supreona]

Thanks for the insight. I tend to think that a 20% drop from yesterday's high is a lot, but then, I am just a humble member of the hoi polloi.

And I tend to think that a 20% gain is a lot...but nobody complains when it happens.

Please disseminate that to the hoi polloi if you would...they may promote you.

[John Law]

I did as you asked, and their response was, "We don't care, we aren't in the stock market. The people getting hurt most in bubbles are speculators and traders."

Sorry, I tried, but I just couldn't reach the uneducated rabble.

[Supreona]

I did as you asked, and their response was, "We don't care, we aren't in the stock market. The people getting hurt most in bubbles are speculators and traders."

Sorry, I tried, but I just couldn't reach the uneducated rabble.

:laugh: good comeback. Intellectual sparring at its best.

...now its carnage, I mean I could care less whether it comes back or not, it really won't affect me either way, but I still think we'll see Oil hit $140 at least.

If it doesn't, I'll be humbled and apply to join the hoi polloi. I would like it if you would approve my application personally.

Your Friend, Sup.

[smokie2069]

Frank any views on this one since last week ??? Are you still in this one cause I still am . Worth waiting or just another DUD ..... thx for any views.

[TheChartGuru]

Frank any views on this one since last week ??? Are you still in this one cause I still am . Worth waiting or just another DUD ..... thx for any views.

I sold for a small profit. I'm watching it with interest again because it has formed a pennant on the intraday chart. The hourly MACD crossed 0 from below and it's looking bullish. It formed a doji yesterday so there is obvious indecision. Today should decide which way ENT is going. QTWW is another one I'm interested in.

The Guru has spoken

[smokie2069]

this one is down too from last look at this energy company. should be up but can'r read this one. any insights???