why certain oils stocks are down while others are kickin butt??Another huricane almost gurantees higher prices on crude while gulf rigs face months to be back on line. And these stocks that benefit are down!
tnc, I know for a FACT that TASR NEVER went from $17 to $11 before it split! It formed a High Tight Flag at $13 and formed it's first base at $22 and NEVER looked back until after the first split. So U R full of the Doggie Poo BabyAMS - Out
Not sure, but GEOI was up yesterday. We could follow with a nice green day tomorrow. But we need more volume. Drilling news should do the trick.
strange how BDCO, ROYL, NGAS, MPET, ect all had huge days and GEOI/ABLE were red. WTF is that about?
1. Declining production at GEOI.2. Declining proved reserves at GEOI.3. Rising costs per Bbl produced.The above trends are expected to continue. Many GEOI investors are, I believe, selling their GEOI positions in favor of ARD, UPL and other SUPERIOR energy plays.ARD volume today EXCEEDED THAT OF GEOI.ARD had 275,000 in volume.GEOI had 260,000 in volume.The party is over at GEOI in my humble opinion. It is just beginning at virtually ANY oil and gas company that has above average reserves per share in oil assets and INCREASING production.Investing in oil and gas is really quite simple. Good Luck with GEOI. (You WILL need it barring a miracle.)Sincerly,Dok.
yes, and even the new amex FPP which has 0 earnings managed to gain 39 cents, PQUE kicked butt too
GEOI is a MICRO-CAP and being manipulated by some wealthy folks and Hedge Funds....They want to shake out all the HOT money before letting GEOI rip to $30Mark my Words & Be Patient