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Author Topic: EERG - Oversold gonna bounce!!!
juice
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I bought into this at .18 last week. Low o/s float etc. nice play from here. I'd say good for 40-50% no problem when it moves. GL
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Lockman
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http://stockcharts.com/h-sc/ui?s=EERG&p=D&b=5&g=0&id=p48439223871

Looks like one last kick before it goes back up.

--------------------
Let's Go METS!!!

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seahawksanders
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I hope you're right. I bought in at .18 yesterday too.
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juice
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watch today may see another dip down hard. i hope so and I'll load up. Only got a partial fill at .15 yesterday.... we'll see.
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juice
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just in case anyone has read the POSAM filed by EERG. They filed to allow securities to be sold... O/S is approx 42 mill...
My take is the companies/shareholders holding the shares may sell at any time now so it appears a bunch of them have been bringing this thing down somewhat. I wouldn't call it dillution because the company itself isn't issuing more shares and selling... so I think we are ok. Hopefully those selling just want the monies and aren't interested in the stock going back up. of course the idea is they stop selling, buyers notice, we bounce and make money. Just my take....

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juice
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.20 gettin some hits
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juice
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spoke with IR a few times through email... Great bet at .20

"Zero debt, a good sized treasury and some interesting plays
coming up this year.

Let's do some calculating. Our market cap now is allegedly worth
only $7.5 million. We have a drilling deposit of $1.5-million, cash
in the bank of a couple of million, just signed a deal with HRI worth
nearly 3-million. All totalled is $6.5-million. If the market cap is
showing a value of only $7.5-million, that gives a balance of $1-
million. That means that all are Nevada land (100,000 acres) plus
our 5% interest in 150,000 acres in Canada plus the stake in Quad
41/2 is only worth $1-million.

Nonsense.

We're getting hammered right now but it won't last. Company's
assets are worth far more than the current stock price. I encourage
you to think of your investment in EERG as long term. The OTC is a
volatile market. We do not engage in stock manipulation or
pumping. We are building a company on real value. The stock price
is subject to bid and ask. We are trading an average of 400,000
shares per day. Yes, our stock is being dumped, however, it's also
being picked up at a bargain basement price.

There's lots of potential in EERG. But it may not be reflected in the
stock price for awhile.

Kindest regards,

Jamie Kelley
Marketing and Investor Relations
Eternal Energy Corp.

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seahawksanders
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I'm liking this 20% gain already. I believe I'm holding for a while. Thanks for this great call Juice.
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juice
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yeah good trading today.... sold all my .15's off at .23 today. Anyway, still holding a good chunk of this... Looks like most of the big selling took a rest yesterday and today.... if that trend continues we should see more buyers around tomorrow. I think shes got some steam in her!
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juice
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very quiet low vol day... selling done? [Smile]
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seahawksanders
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I got out at .25 today (bought at .18). I'm sure it'll soar now. [Smile]
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juice
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nice trade!! i still have a few....
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juice
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and theres my .30 [Smile]
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seahawksanders
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Wow, great work Juice. I KNEW it would soar AFTER I got out...figures! Impressive run though.
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juice
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haha always good to make $$ no matter where you sell, i sold the rest of mine at .30. could swing higher but heck im not going to stick around, got what I came for. actually hit 100% from my partial fill at .15 that day... go figure hehe
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juice
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.35
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