GREY:ENGFF - Post by User
Post by
DoubleManon Feb 20, 2008 1:12pm
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Post# 14400498
Lower volume means holding pattern
Lower volume means holding patternNotice lower volume today ...average about 600,000 shares per day....right now just over 200K with less than 3 hours left for the day.
This may be indication that holding pattern developing ..... delay would appear to be only about 2 weeks maximum which is minimal....and although somewhat negative.... postive indicator is that management is communicating with investers...many other junior companies severely lack in NR's...at least ENG communicates.
In the meantime those shares which are being sold are quick to be grabbed by value buyers...
Patience whould be rewarded...