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Bullboard - Stock Discussion Forum Angle Energy Inc ANGZF

GREY:ANGZF - Post Discussion

Angle Energy Inc > New 52 Week Low
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Post by bonjovi501 on Jun 12, 2012 10:49am

New 52 Week Low

Here we go again another 52 week low and oil going higher. There has to be a lot of shorts on this stock. Where is the bottom??
Comment by uwinsome on Jun 12, 2012 11:27am
Right now the risks in the market are really high. There is the real possibility that there could be a significant credit event - so the market could go down a lot lower. I STRESS IT COULD!! If it does, commodities get hit hard. I'm sure you're absolutely right that there are a lot of shorters in this stock and all energy stocks. If that is the case, fundamentals don't mean anything ...more  
Comment by bonjovi501 on Jun 12, 2012 12:22pm
I am long to and believe we are heading to $3.25 unless oil starts to head higher. I plan on buying more once I see the oil report tomorrow to see if we had a build or a draw down. You would think a draw down will be possible with the long wekend in the U.S. that just finished. If we have a build watch oil go below $80.00 temporarly. Buy this stock now and by years end I am sure we will be OK but ...more  
Comment by bonjovi501 on Jun 17, 2012 12:09am
Bottom finally in????
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