posted
I think that IESV is heading north. Looks like it calmed down after the last bounce and is gearing up for another run. This could be a good time to buy in. Ethanol is'nt going away IMO
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I'm not saying go long with this thing, but I think it hit bottom at .067 and will run back up to say the .08's. I just like to play the bounces. I really don't go long with any of these sub pennies. Just my opinion guys. Good luck.
-------------------- May The Force be us!! Posts: 249 | From: Pittsburgh | Registered: Feb 2006
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posted
I agree .067 was bottom and showed strong support in that area late in the day. Im looking for this to bounce to the mid .08's by the end of the week. Im hoping that they will launch another pr about pursuing ethanol. which is just another part of their bio-fuels plan. This went on a pretty hard run last week and another little run on thursday. I still think that the gaps being filled right now, from those last runs. looks like around .07 is the lowest it wants to go right now. Im betting on a good pr. we'll see?....
Posts: 6397 | Registered: Jan 2006
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