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Bullboard - Stock Discussion Forum Sky Petroleum Inc SKPI

Energy Oil & Gas E&P
Sky Petroleum, Inc. is engaged in the exploration and development of oil and natural gas properties of others under arrangements. The Company's focus is on the acquisition, development and exploitation of oil and natural gas reserves and exploration for new oil and natural gas reserves. It is engaged in seeking business opportunities in other industries, including the oil and gas industry. Its... see more

GREY:SKPI - Post Discussion

Sky Petroleum Inc > SKPI
View:
Post by david39 on Jul 29, 2010 5:55am

SKPI

SKPI is turning into an even trade for us. People jumped on the stock when it broke through resistance at
.42 on Tuesday but people did not see any follow through on Wednesday. SKPI started the session weaker and opened at
.4797, much lower than Monday’s closing price of
.505. If volume can build the price would easily recover from yesterday’s drop.
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Sky Petroleum Inc