This is topic EDEX...HUGE ALERT..OIL STOCK GOING in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by superman7 on :
 
oil is hot and this stock is getting noticed

in at .024
 
Posted by superman7 on :
 
already passed its 10 day moving average
 
Posted by superman7 on :
 
alot of buys coming ni now at the ask about to u/t should get noticed here soon
 
Posted by superman7 on :
 
EDEX chart>>> next O&G runner. Time to load up.

Drilling already financed and scheduled for June 1st on PIP located site. CEO anticipates a wildcat, with two more to follow if first one flows. CEO has over 300 wells experience in 30+ years.


EDEX Board: http://www.investorshub.com/boards/board.asp?board_id=3690

News:

4/19/06 Eldorado Exploration to Drill in New Mexico
3/20/06 Eldorado Exploration Announces Joint Venture
2/21/06 Eldorado Exploration Inc. Acquires Additional Leases


L~
 
Posted by superman7 on :
 
check out the chart on this one WOW!!

was trading over .60 just about 1 year ago!
 
Posted by Schwabie on :
 
up 26 % already too high zzz
 
Posted by superman7 on :
 
i think this has alot more potentional to go higher then 26% on the day lol

check out the charts look at the volume intrest is coming in and this one is ready to take off imo
 
Posted by superman7 on :
 
volume is 5 times moving average now
 
Posted by superman7 on :
 
EDEX- first well is paid for


great deal for EDEX... first well is paid for !!!!
no cost to EDEX ...

extremly low market cap only 3 million dollar and they have a potential of 8 billion dollar in gas ?

market will wake up sooner of later
 
Posted by superman7 on :
 
EDEX..OIL..bottom player..and almost 10 times moving average..what more can u ask for!
 
Posted by superman7 on :
 
buys are pouring in wants to break .024 real bad and then run
 
Posted by mnvestor on :
 
Super, I'm in, potential for large run today, volume picking up...
 
Posted by superman7 on :
 
i found this from another board:

EDEX OS......

Posted by: Dream
In reply to: lowman who wrote msg# 14882 Date:4/27/2006 9:48:38 AM
Post #of 14943

.019 x .022 New pick (oil/gas) You just beat me!! lol

Per director (Tom Laurance)
O/S = 130M
Restricted = 70M
Float = 60M

Website:
http://www.eldoradoexploration.com/

Contact:
Tom Laurance, 949-916-0680

News:
http://finance.yahoo.com/q/h?s=EDEX.PK
 
Posted by superman7 on :
 
we are all just waiting for HDSN get of the ask when he does KABOOOOOOM
 
Posted by superman7 on :
 
once this .024 breaks i am going in for more alot of peopel chatting about this one on the message boards now
 
Posted by Stockguru06 on :
 
do you think this is pump and dump?
 
Posted by superman7 on :
 
well stockguru all penny stocks are pump and dump(well 99.9%) they will always go up on momentum and then come slamming down and go even lower then before they started there huge run...there are some exceptions, but not to many...

so u never know, but i am likeing this one the more i read about it and the more i look at the chart and others are really likeing this too on other message boards so it is ready to run
 
Posted by Stockguru06 on :
 
ok lets hope because i am in with 200k now... the high volume is maybe a good sign
 
Posted by kt325ci on :
 
They seem to have a lot of shares available. It should of moved by now with all the buying on the ask.
 
Posted by superman7 on :
 
Kt325ci...sometimes there is so much at a certian price for sale(like here at .024) but when/if it breaks it goes fast because all the sellers are out at .024 sometimes its the mms trying to hold it but when it breaks they instead of seling are buyers and it runs

so if we continue to get buys here it will break soon enough and then run
 
Posted by superman7 on :
 
EDEX..big buys coming now! everyone is waiting for the .024 break when it does its really going to go as everyone will jump in...including me for alot more!!
 
Posted by Stockguru06 on :
 
what is the 52w high of this one? seems to have some potential indeed
 
Posted by superman7 on :
 
52 week high is .61 but in may of 2005 it was as high as .85
 
Posted by ShortTermMemory on :
 
 -
 
Posted by Stockguru06 on :
 
nice chart
 
Posted by shomethamoney on :
 
Could be a head fake. I don't know about this one. The MACD crossed and it also crossed the 50 but look on the price chart, that it couldn't make it over .03. Thanks superman. I will look at it once it breaks .03
 
Posted by Stockguru06 on :
 
lets take down that 0.024...bid going up
 
Posted by superman7 on :
 
np shomethamoney...this one looks ready to me and i think it will break .03 very soon the 2 week hi is .61 and check out the prs they have released lately
 
Posted by superman7 on :
 
EDEX..more buys coming in and now mms put another ask of .0245 which makes me think .024 might just finally break here!
 
Posted by Opethian on :
 
HDSN went off the ask, now 0.0245
 
Posted by Opethian on :
 
0.024 x 0.025
 
Posted by Stockguru06 on :
 
interesting to see this baby rising..can be over 0.03 today imo
 
Posted by mnvestor on :
 
0.025 x 0.0255, lets go
 
Posted by superman7 on :
 
ok finally .024 broke and we are ready to rock upticking pretty eaisly now i just got some more
 
Posted by Stockguru06 on :
 
0.026
 
Posted by mnvestor on :
 
0.027, and going
 
Posted by Stockguru06 on :
 
0.027 as we speak lol,this baby is running now
 
Posted by superman7 on :
 
.03 is next

this one breakout big here .61 is the 52 week high!
 
Posted by Stockguru06 on :
 
is the float really as low as 30M in this stock? if so, we could go up nicely with some buys from here
 
Posted by superman7 on :
 
EDEX..03 coming up..oil and gas..alot of room to run 52 week high is .61...volume is about 15 times its moving average!
 
Posted by Opethian on :
 
0.026 x 0.029
 
Posted by mnvestor on :
 
0.026 x 0.029
 
Posted by superman7 on :
 
.029 print the .03 break is HUGE
 
Posted by Opethian on :
 
lol theres like nothing after 0.03!!! excellent!
 
Posted by superman7 on :
 
here comes the big .029 buy i cant wait till we break .03
 
Posted by Rules on :
 
Yep, definitely a pump and dump. No thanks!!!
 
Posted by superman7 on :
 
rules, what makes u think this is a P&D?
 
Posted by Rules on :
 
Why else would it run today on only a drilling of a well in Mexico that starts in June? Results on that would take several months to a year. No news and all of the sudden it becomes the stock of the day. Has to be a pump and dump from another board. Looks like a momo play that is why I say that.
 
Posted by superman7 on :
 
well rules sometimes these stocks dont get noticed until there is news(no matter what the news is) this is a bottom play and is way undervalued imo
 
Posted by Stockguru06 on :
 
rules,i don't care if i am making money lol,you "play" a pink sheets stock, you don't 'invest" in it..thats how i see it...and could also be there is a pr on its way,who knows...
 
Posted by Rules on :
 
quote:
Originally posted by superman7:
well rules sometimes these stocks dont get noticed until there is news(no matter what the news is) this is a bottom play and is way undervalued imo

Yea well that news was out a week ago. Nothing today or in the last week.
 
Posted by ShortTermMemory on :
 
Rule this is a chart Reversal, might just be a little undervalued, just wait till tomorrow, if this slow steady pace keeps up going into close...
 
Posted by Rules on :
 
quote:
Originally posted by Stockguru06:
rules,i don't care if i am making money lol,you "play" a pink sheets stock, you don't 'invest" in it..thats how i see it...and could also be there is a pr on its way,who knows...

Did you not post the other day asking if this was a pump and dump??? Funny how things change when you have money invested lol.
 
Posted by beto on :
 
news out
 
Posted by Stockguru06 on :
 
rules, i did not have the time to do my dd so i "played" this baby indeed for 5k dollars and it is good i am seeing the pump now..i prefer more stocks like ndol who are more serious but hey i had fppl and now this...sometimes you are lucky with these babies... i will be out with 30 a 40% before the dump so played well not?
 
Posted by Rules on :
 
This is why and yes I will take back my pump and dump belief as there was no news originally when I was doing MY OWN DD lol:


By BusinessWire
Last Update: 4/27/2006 1:23:01 PM Data provided by

IRVINE, Calif., Apr 27, 2006 (BUSINESS WIRE) -- Eldorado Exploration (Pink Sheets:EDEX) announced that the company's President David T. Laurance was interviewed by Wallst.net, a leading Internet stock information site. An audio interview is available for public access.

Eldorado Exploration is an oil and gas exploration company with oil and gas projects in Texas and New Mexico that uses a process called Passive Induced Polarization that can increase the odds of finding oil and gas.

Please visit the company's Web site at eldoradoexploration.com or e-mail at eldoex*yahoo.com. Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that Eldorado Exploration is a non-reporting Pink Sheets company and is not required to be registered with the Securities and Exchange Commission.

SOURCE: Eldorado Exploration
 
Posted by Stockguru06 on :
 
what did he say in the interview...i need to buy sound on this pc with my profit in this stock! lol
 
Posted by superman7 on :
 
i think if we can hold around here tommorow we have nice big fat gap!
 
Posted by Opethian on :
 
the interview can be found here, you can sign up for free http://www.wallst.net/audio/audio.asp?symbol=EDEX&id=1990
 
Posted by superman7 on :
 
only one left on the ask now at .027 and then we are back to our HOD
 
Posted by Stockguru06 on :
 
i am still in with all my shares...they have a new instrument to detect oil and gas...sounds interesting and i think the volume has something to do with the fact they will release a detailed pr about that..i don't think the vol is because of the interview alone..i think insiders are buying
 
Posted by jazzy1 on :
 
What are peoples thoughts on this ??
 
Posted by jazzy1 on :
 
Anybody?
 
Posted by superman7 on :
 
EDEX..oil stock gapping this morning..BOTTOM PLAYER!
 
Posted by superman7 on :
 
.03 buys coming

this one could be a big one today
 
Posted by superman7 on :
 
EDEX...let the whakers get out and then KABOOOOM
 
Posted by ShortTermMemory on :
 
Wide spread MM's want some shares
.025/.033
 
Posted by scampy12 on :
 
Can somebody give the lineup on level 2?
 
Posted by scampy12 on :
 
going up again?
 
Posted by blou on :
 
Great day so far and it's not over yet!
 
Posted by ShortTermMemory on :
 
.037/.04
 
Posted by ShortTermMemory on :
 
.038/.042
 
Posted by scampy12 on :
 
Volume very strong. New hod at 0.045!
 
Posted by undefined on :
 
.053 - NICE!
 
Posted by undefined on :
 
.055 now....

Am I the only one left playing?
 
Posted by scampy12 on :
 
still running... up over 60 percent today!
 
Posted by binnocent on :
 
Very nice move yesterday....check out this chart!!


http://stockcharts.com/h-sc/ui?s=edex
 
Posted by kdb83182 on :
 
Look at this one today, you hope are all in. I think this is going to big the next big one in oil & gas. Stock should continue up through the end of next month when they start drill for gas.
 
Posted by MB on :
 
This one is going to teens today. watch...
 
Posted by kdb83182 on :
 
That would be pleasant!
 
Posted by deleet on :
 
im in at 0.09. Looks good and is already making me a profit.
 
Posted by kdb83182 on :
 
Just keeps going, was it hard for you to get in deleet? I got in at .07 but that was above the ask at the time!
 
Posted by MB on :
 
.096 I'm telling you BOOM...imo
 
Posted by kdb83182 on :
 
Maybe I can make a double today!
 
Posted by deleet on :
 
didn't seem hard for me to get in when i did. That may change though.
 
Posted by kdb83182 on :
 
C'mon break .10!
 
Posted by dpaul3 on :
 
it will pull back before it hits .10, imo.
 
Posted by undefined on :
 
Let's hope it can push through .10 today. This stock has a lot of steam left to blow off. Short term, it's not going to run like PGPM or FPPL is, but in the long term this has a ways to go.
 
Posted by kdb83182 on :
 
anyone have any L2s on this one?

I think it will break .10 only because it was up a pretty sizable % before a lot of people jumped on today and I doubt they jumped it to sell for a loss so I think the support will be pretty high. Plus I think people are going to keep jumping on board as more attention gets drawn to this one.
 
Posted by MB on :
 
.10 JEFF backed off to $2.00
 
Posted by MB on :
 
dipping...i'm buying more
 
Posted by MB on :
 
hope you all loaded up...look out .15 here I come...lol...
 
Posted by MB on :
 
here comes .10 again...gonna blast thru this time imo
 
Posted by kdb83182 on :
 
L2s?
 
Posted by MB on :
 
.102 we are thru .10!! lots of 100k buys..
 
Posted by kdb83182 on :
 
PARTY TIME! How does the resistance look??
 
Posted by kdb83182 on :
 
I think we are looking at another big day tomorrow!
 
Posted by kdb83182 on :
 
I accidently typed "EPEX" instead of "EDEX" in Ameritrade when I wanted to check what it closed at and almost crapped my pants, lol.
 
Posted by scampy12 on :
 
wow.. up 60% Monday and up over 80% today and still going strong!
 
Posted by superman7 on :
 
i cant believe i sold all my shares from .023 at .031 [Frown]

anyways congrats all you guys have balls to hold i guess it pays sometimes

congrats!
 
Posted by kdb83182 on :
 
I think we see another green day today judging by the way it kept testing the HOD right at the EOD yesterday.
 
Posted by MB on :
 
this one is gonna run again...get in at .10 if you can.
 
Posted by kdb83182 on :
 
Lets double up today!
 
Posted by westcott on :
 
To .20 with momo

Great long-term play regardless.
 
Posted by MB on :
 
.12 [Smile]
 
Posted by kdb83182 on :
 
WOOHOO! The train is leaving the station!
 
Posted by westcott on :
 
.14 - Like clockwork...
 
Posted by kdb83182 on :
 
Dip and coming back up!
 
Posted by westcott on :
 
Imagine if the company released a PR, kdb?
 
Posted by kdb83182 on :
 
That would make for a very very nice day!
 
Posted by kdb83182 on :
 
Having trouble breakin .13
 
Posted by westcott on :
 
Patience...MMs trying to keep this monster back...have few shares.

Try to buy any under .14 this morning?
 
Posted by kdb83182 on :
 
Nope I loaded up yesterday at about .6-.7

Why trouble getting filled today?
 
Posted by kdb83182 on :
 
BxA .13 x .135

Looking good!
 
Posted by kdb83182 on :
 
I know it means nothing but PRs have been more frequent as of late and we are a good PR away from blowing .20 away...

That just leaves me dreaming of sweet sweet things.
 
Posted by Stockstar69 on :
 
EDEX may be the next hot one! Like FPPL.

Just don't know when it's gonna POP? May be today or next week.
 
Posted by stockvaper on :
 
The company and its partners have over 11,000 net acres under lease over the heart of the structure. The possible reserves could be over 1 trillion cubic feet of recoverable gas, which at today's price of $8 per MCF would equate to $8 billion. Eldorado Exploration has a net 35 percent working interest in the well and surrounding acreage.
---------------------------------------
If EDEX even got 1/4 of what they are thinking about here this stock should be worth over $10 share. Do the math.
 
Posted by kdb83182 on :
 
Yeah, this is a very good hold for the time being it should steadily run up with some PRs over the never month or so until the drilling is supposed to start...
 
Posted by Stockstar69 on :
 
News just in...

May 03, 2006 2:40:00 PM ETEldorado Exploration to Drill in TexasadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articleELDORADO EXPLORATION INC(EDEX) Quote, Chart, News


All Business Wire NewsEldorado (Pink Sheets:EDEX) announced today that it will participate in drilling an 8000' test of the Wolfcamp formation in Glasscock County, Texas. Expected drill date for the well is week three of June 2006. The prospect is based on analysis of Passive Induced Polarization (PIP), radiometrics, passive reflection seismology and subsurface geology.


Recent investing newsStrike paydirt in the new building boom Novastar Resources Completes $15,000,000 Private Placement with Select Institutional Investors Warnaco Announces Earnings Release Date and Webcast for First Quarter Fiscal 2006 Results Pegasus Solutions Stockholders Approve Merger Agreement Working in the Garden This Spring? Watch Out for Buried Gas Lines, The Gas Company Warns
PIP is a geophysical prospecting method that can indicate the presence of significant hydrocarbons from the surface. After reviewing oil production from the adjoining field, the PIP process was conducted to determine the potential for additional development. The PIP analysis indicated a channel over three miles long that may be an unexplored extension of the producing field. Three nearby wells have produced over 1 million barrels each over the past 10 years and are flowing at a combined rate of 45,000 barrels per month.

For further information about the company visit www.eldoradoexploration.com or e-mail at eldoex*yahoo.com.

[Eek!] [Eek!] [Eek!]
 
Posted by kdb83182 on :
 
Yeah, I saw that..not the most exciting news...but when they drill that hole we have a possibility for HUGE news. That could be the payday for this one!
 
Posted by kdb83182 on :
 
Good close and by that I mean at least we recovered from the dip and the red.
 
Posted by MB on :
 
Patience. This is going to be up and down but mostly up all the way to June. [Smile] I am playing the swings as best I can and holding a sizeable chunk for .25+ Sold at some at .12 today but missed a reentry at .085...Might try for .09 tomorrow. GLTA.
 
Posted by kdb83182 on :
 
Lets move today!
 
Posted by kdb83182 on :
 
Volume looking good today...stock will move with patience
 
Posted by scampy12 on :
 
looks like volume is picking up....
 
Posted by imakmony2005 on :
 
IS THIS BAD BOY DONE ARE A BUYING OP?
 
Posted by dpaul3 on :
 
play is done. But you could buy low and hold for the next play.
 
Posted by kdb83182 on :
 
I would say buying op because as we run into June the anticipation is going to build for what they are going to find when they drill. IMO.
 
Posted by MB on :
 
bought more here at .07
 
Posted by MB on :
 
.072x.075 headed up into the close. Ask has been getting slammed.
 
Posted by imakmony2005 on :
 
This pup dead are what?
 
Posted by imakmony2005 on :
 
MUST BE TIME.
 
Posted by kdb83182 on :
 
Time for?
 
Posted by imakmony2005 on :
 
ANOTHER RUN.............
 
Posted by kdb83182 on :
 
YAY!
 
Posted by MB on :
 
.07 x .09
 
Posted by imakmony2005 on :
 
UP 15%
 
Posted by MB on :
 
picked up more here at .06
 
Posted by imakmony2005 on :
 
GOOD BUY IN POINT.IMO
 
Posted by HT on :
 
finally it went back to green
 
Posted by imakmony2005 on :
 
looking good.
 
Posted by The Owl on :
 
Keep your eyes also on PMHH another oil stock.
Down at the mo but could turn on $8.6m deal announced today to add to $12.4m in January and now with nearly $100m o/s orders!!!

CFO to report June will 'prove' it's more a $2 than the 38c you can get ot for today. Put on watchlist ready anyway.

www.patriotmh.com and click 'News' then 'News' again for Yahoo latest.
 
Posted by MB on :
 
nice close today. looking forward to bigger and better things.
 
Posted by HT on :
 
Yea, im expecting this thing to kick in soon...
 
Posted by evensooner on :
 
Expect to at least get back to around .11
 
Posted by imakmony2005 on :
 
.11 to .25 is what i want.
 
Posted by MB on :
 
Wow, out of cheap shares? .07 x .1
 
Posted by HT on :
 
Wtf is going on with the bid and ask?
 
Posted by HT on :
 
Can anyone confirm? My ameritrade has bid at 0.0075 and ask at 0.009 there is an extra 0 there!!!
 
Posted by HT on :
 
Someone has to be seeing this too...
 
Posted by kdb83182 on :
 
Yeah, Ameritrade does that all the time. No worries.
 
Posted by imakmony2005 on :
 
.08 IS WHERE WERE AT.
 
Posted by HT on :
 
thx kdb! I was losing my mind for a while... i know ameritrade sometimes has errors, but this was scary
 
Posted by HT on :
 
whats going on with the volume today? it's pretty much non existent, where did everyone go?
 
Posted by MB on :
 
still here and waiting...looks like no more cheap shares. This goes up from here.
 
Posted by HT on :
 
Yea I tend to agree, gas is very expensive. I see EDEX getting a lot more business...
 


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