GREY:ENGFF - Post by User
Comment by
7phigyerson Feb 22, 2008 12:19am
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Post# 14525411
RE: Fools rush out!
RE: Fools rush out!Have to disagree with you there.
The low volumes I guess can be read two ways
No buyers or no sellers take your pick
I have a greater feeling of this being a recession proof stock being oil based coupled with oil setting new highs.
As for overbought, that news delaying the drilling rig was figured into the price already, most expected it or were at least prepared for it.It only serves to confirm the rig is close .....real close.March is nearly upon us.
Don't get me wrong if they do dip that low I'll be buying my a$$ off.
Just don't see it.
L8R