GREY:ENGFF - Post by User
Comment by
travelnutteron May 16, 2008 10:16pm
235 Views
Post# 15084142
RE: big days ahead of us
RE: big days ahead of usI agree with your sentiments Jeeves. Our progress (lack thereof) is very disappointing. I expected that we would be approaching $4 by this time simply on market speculation on a stock that I thought was no big secret in the marketplace. Maybe the average investor really is blind to the existence of this stock or the brokers really do know what they are doing (I'm not convinced of this) and are waiting until the very last minutes to get their clients into ENG - whatever, ENG sp is unreasonably low, especially in comparison to some of my St. Lawrence shale plays that I have done very well on, but seriously, shale is bloody expensive to work with compared to an honest-to-goodness gusher even if it is underwater. Not much of this makes sense but that is the market for you. Rationality is often missing in action. I think we will all do well out of ENG and like I said many weeks ago, we have to float in the current and wait until the end of this month. The universe will unfold properly for all longs.