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Air T Inc. Message Board

  • ericvondr1 ericvondr1 Apr 1, 2005 6:54 PM Flag

    lccs101: what do you think of GEOI?

    I bought at 9.68 on thurs, didn't sell today...it held its own anyway...closed at 9.69...low was 9.11, high was 10.3 something...yr high is 11.08...could have taken over a half point at 10.25...moves so fast, could have broken the high of the day then past 10.35

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    • It's a pure oil play. i haven't traded it in this week.. I was considering entry on Wed though.. missed it and never chased after that.. I wish I had bought GEOI instead of USEG.

      Technically GEOI is looking very good. Today's close was good and i expect a high open on Monday. I tried to buy in AH at ASK price but no shares were offered so left it and bought TZOO and SIMC.

      GEOI - a lot depends on oil price on Monday. If oil sustains it should see new high pretty soon. I agree with J, it's a better play than ABLE.

      I will see next week's action. It's worth to buy on dips. Stop is below 7.40.

      jmho
      -lccs101

 
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