Allstocks.com's Bulletin Board: SUOG

This is topic SUOG in forum DayTrading, Momentum, News and More at Allstocks.com's Bulletin Board.

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Posted by FatherOfTwo on :

Watch at 0.043...

chart is looking good for a good bounce!
http://bigcharts.marketwatch.com/charts/big.chart?symb=suog&compidx=aaaaa%3A0&ma=1&maval=20&uf=8&lf=2&lf2=4&lf3=32&type=4&size=2&state=8&sid=1909342&style=320&time=5&freq=1&comp=NO %5FSYMBOL%5FCHOSEN&nosettings=1&rand=6189&mocktick=1
The MACD is about to cross, the stochs are pointing up, the RSI is in oversold territory!

It fell on a sell off after a dividend paydate! It is way oversold and undervalued!

Posted by FatherOfTwo on :

ASK is thinning out fast! and the Bid is building! Keep a close eye on it... it will jump quick!

Posted by FatherOfTwo on :

BID
13:33 SBSH 50 0.041 ↑
13:37 NITE 50 0.041
13:54 PERT 50 0.041 ↑
14:13 SCHB 50 0.041 ↑

ASK
0.043 50 DOMS 14:14
0.044 50 NITE 13:37
0.045 50 FRAN 07:30
0.045 50 SCHB 14:13

Posted by Dannzon on :

could be a good momo play, but I don't think it is undervalued or oversold...

From their 10K May 17h

1. Historical. During 2004, the Company had been attempting to secure financing through the placement of equity to private and institutional sources, but due to the rapid deterioration of the junior capital markets and, in particular, the technology sectors, securing financing was minimal.

2. Material More Recent Events. Due to the difficulty is raising capital for launching the technologies of Sun Oil & Gas Corp., it was decided upon by the board of directors to search for a new sophisticated Board of Directors in an effort to revive the company into a viable operating entity.

"(e) Revenue Recognition

The Company does not currently generate revenues."

Posted by FatherOfTwo on :

Even so... the charts look good for a tech play, andBTW.. the ask is now moving up to 44!