GREY:ENGFF - Post by User
Post by
Sparkletoothon Dec 04, 2007 1:52am
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Post# 13910554
Just a trader here, but traders do love it
Just a trader here, but traders do love itSince ENG has been spammed all over Stockhouse, people on other Boards have been asking about it...here's what I posted on the TEX.A board (by the way, Texalta has two wildcat's pending in Australia, with a "real" company to fall back on here if it doesn't pan out there in Oz):
"One of the finest no-asset trading gambles out there, ENG just announced their off-shore Namibian sea-elephant hunt set to go before the end of February (potential billion barrel plus target, 10% ENG and they'll need to come up with $5.9 million soon).
Extremely risky, but traders love this one. I flipped it last week and will be watching closely from now on; don't hold any now, but will probably latch onto a few semi-keepers at some point here."
And on sober second thought: "Re-reading my post, it's just a pump instead of the sarcastic jibe I intended; and though it's true I do like gambling on deals I think others will gamble even more recklessly on, that's not "investing"...nor is it smart..."
But hey, I'm not that smart and deals like ENG are fun to trade: I won't try for anything like $6 though, just watch and try for a flip here and there, "make and run" as Dave says; lots were burned on ENG a couple of times now; but this management here at ENG, they are the real deal when it comes to promotion, just like NOT. I made about $5K flipping NOT this year; had I any inkling of the power of that promotional machine, I would have made more like $50K. These guys here at ENG have similar "skills"...