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Energulf Resources Inc. ENGFF

Energy
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

Energulf Resources Inc.
Bullboard Posts
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(96)
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Comment by badog222on Jan 21, 2008 10:44pm
312 Views
Post# 14239625

RE: Todays Selloff

RE: Todays SelloffI stayed put. I have played this game before. If you see it coming and can get out at a high price I can understand bailing. But once the blood in the streets is deep I found that my odds were better to stay put...as long as the potential of my investment has not changed. We never know where the bottom is but I believe there are a large number of daily traders on ENG at this time and todays volume indicated to me that a large number of them made thier move ...so naturally the only move they have left is to pick thier point and buy back...and they will. Will it be tomorrow? Tomorrow may clear out the sellers...or it may take a few days. No one knows. But I figure that my investment is safe while the market sorts this out. Unlike many other stocks we do have positive news coming IMHO, so I feel more comfortable here than in many other places I could be. And if ENG drops much below todays price I will buy like crazy. Badog
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities