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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Post by nimahotoon Nov 12, 2010 11:06am
598 Views
Post# 17698299

if i may ...

if i may ...as most know, i'm not generally one to write something all that serious as posters on these boards physically give me a rash and open sores on the bottoms of my feet ... anyway .. and i am the first to mock those married to their baloney stocks and the brief pops they enjoy .. however, if i may point out some things which have swayed even an a skeptical and perpetually negative ***hole like myself ...
1. there is a definite uptrend here that formed and sustained itself for almost 5 months now. longer than any pump and dump could ever dream of.
2. pump and dumps are what? a few days in duration? and really, when you think about it, why would people sell this and take their profits and run for the exits after such a CRAZY run-up when it's really just gone, and quite nice 'n orderly, from the .35-.40 range to about .50 to .60 over the course of quite some time. to be honest, i don't even understand the posters yesterday who will 'take profits now' ... what profits? .10 - .20? come on! unx, cte, leo and countless more are at present, 5 and 10 and 20 baggers! this is up 50% ... very nice but not exactly anything to warrant an emergency exit.
3. the volume has been building beautifully for a few months with the price. no insane spikes like a million or more as in during the other unfounded pops ... and in THOSE pops (pump and dumps), the price doubled within a few days and came right back down again on large volume.
4. the pullbacks in the run have seen low volume. the runs-ups, much greater volume. higher highs, higher lows since huly.
5. and unlike the past 2 years (and spikes within), there IS news pending. so when people say 'why should this run be any different?' and believe me, i'm almost inclined to agree with that thought ... it always comes to mind during pops ... but really ... there IS reason for to be different this time. or the run to .51 last time would have found itself back to .30 ... would they go for a pp at .40? this is oil exploration ... it's not always gonna be about "WHERE'S THE NEWS???" ... it's sometimes gonna run based on the possibility of "HOLY ^^^^, what if this company finds oil and i didn't buy in at .50 when i had the chance??"

final thought ... i like myself better when i'm bashing the **** out of people on here but what the hell ... it's friday.
Bullboard Posts