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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

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Post by Chattyc on Aug 06, 2008 10:17am

o/t: ENG

Looking a little shaky this morning. Disgruntled investors, dry hole, halted after the sell-off.
 They could have had BUK!
 How many times did we tell them Sparkletooth to BUY BUK with Durango as the back-stop!

Comment by 2t3m on Aug 06, 2008 11:11am
The stock of ENG felt 62% before being halted. How far will it go then. Big hype on that ENG and my personal opinion, is that it was poorly manage from the start. That this news was publish right in the middle of morning without halting the stock first, is just another proof. When I read this NR it sounds like an 'Au revoir!' for ever. I bet that a big part of transactions ...more  
Comment by mikerosoft666 on Aug 06, 2008 12:58pm
I heard that one and got out of ENG around 1.79 and into BUK.  CAn't believe how well it's holding up in this latest market flush...   does sound like a toilet on the index don't you think ?
Comment by Sparkletooth on Aug 06, 2008 1:23pm
ENG was and is "a wild spec" (Tinnman)...While we wait for North Piper and Aspen, I've been amusing myself flipping back and forth between the HODs (Nymex oil short) and Oilexco and Galleon.  The HODs were a nice bet last week.I see where the gurus are now calling for oil to stay in a trading range around $110 to $120.  As usual, they predict the present accurately...
Comment by pgagnon25 on Aug 06, 2008 1:30pm
Well just sharing personnal feelings...I was one of those Eng guy going longGot the news on stockwatch at 9h26 this morningManaged to sell at 9h36 at 1.37 before the toilet flushed, to take your words mikeSwitched Eng share from my sell for share in Buk than guess what, trades being canceled by IIROC...  Now i've got to pay mi bid on Buk... Big deal...Is there a specific ...more  
Comment by mikerosoft666 on Aug 06, 2008 2:05pm
Yeah - I'm not sure on that rule.  It would be determined that this NR was MATERIAL and should have either come out after trading yesterday to allow the market overnight to read and digest the news.  Otherwise,  if you need to get the news out,  you should have requested a HALT first,  put out the news,  allow a period of time for people driving in their cars to ...more  
Comment by mikerosoft666 on Aug 06, 2008 2:07pm
"I see where the gurus are now calling for oil to stay in a tradingrange around $110 to $120.  As usual, they predict the presentaccurately..."Actually,  if you want better predictions you should see these guys predict the past...  they have charts and STOP points and BUY points all figured out.   LOL
Comment by pgagnon25 on Aug 06, 2008 2:40pm
Mike,I appreciated your comment and though on the ENG mess-up...Waiting for UNX NR as well before i make any move, not hoping a lot but maybe a better cover than the actuals pre-bid-askI  still have my pants on, at least i managed to just loss my sox. Hoping North Piper can get one of my sox backGLTA