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New Energy Exchange Ltd. Message Board

  • bushidomeditate bushidomeditate Mar 4, 2006 6:44 PM Flag


    Remember when i predicted that this stock could go as high as 22 last friday? well this was a prediction, and as with all predictions, they can be right or wrong. there are no guarantees, as you all know. well, now, i am making yet another prediction, no guarantees of course....but i feel that the stock could hit as high (or even higher maybe) as 32. here are my reasons for this prediction: 1. company has not released and news for awhile and they may be sitting on some explosive news that may drive stock price suddenly higher. i do not know what this news is, but i am predicting something positive here. 2. The shorts are tired, and can not find anymore shares to short. 3. The volume has dired up, signaling perhaps the end of a consolidation period, which may be a contraian signal before a large upward surge. 4. China itself is about, to re-take, i believe, the dominant position again over india, as the premier expanding emerging market play, and this should boost this stock.

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1.89+0.27(+16.66%)May 27 3:33 PMEDT