Energulf Resources Inc. ENGFF

Reality bites

[travelnutter]

Maluda and Cardiac are right but really that is irrelevant on a day-to-day basis until we get positive NR or rumours.  The best strategy for sanity with this stock is to buy, hold and ignore what the market does daily unless you want to pick up more on the big dips.  Today is a waste of time...just penny-ante traders, pitiful volume, so sp means nothing unless you add to your position on the dips.  We are all at the mercy of brokers who just churn their client accounts and the pinheads on the trading desks who know everything there is to know about their $million algorithm trading programs but can't even void their bladders without following the pictogram instructions on the urinals.  Big money is mostly out of ENG now and invested elsewhere until the time is right to pile back into ENG or momentarily manipulate the market to hold ENG sp down so profits will be maximized when oil shoots out.  We can't play with these boys.  If you short you run the risk of getting royally screwed.  If you stay on the sidelines you will miss the boat.  We're all going to wake up one day at the end of May, early June, and find the ENG sp rocketing upwards because all the big trading desks got the wink, wink, nudge, nudge and all their orders get placed before market open and our paltry 5,000 or 10,000 bids get shunted to the sidelines until sp is already +$5 or +$6 and we will be left at the dock.  This sp will go sideways, up and down, maybe get one or two more big drops and even some gap ups for the rest of May.  Do yourselves a favour, buy carefully on dips if you still have cash and if not, just leave it alone, otherwise you'll go bonkers and you'll begin to believe Hallett and LL are fine, sensible lads even if they live in their parents' basements and play Grand Theft all day/night.
All above IMHO.  My rant for the week.