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I know that Ethanol stocks are good plays many times, and thats all that we (as investors) should care about. However, isn't ethanol a bust? Doesn't it take more energy to produce Ethanol than the produced Ethanol creates? Why are they good plays if they are a waste of energy?
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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AURC : expected geological report next week.. WWEN: nice end of day, AMEX listing.. CGHI: huge volume today VITSE: vitse is getting rid of its E and back to VITS on Monday.. shall hopefully gain on that.. volume was nice today, also renewable energy play with china acquisitions for alternate energy..
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quote:Originally posted by Doniboy: I know that Ethanol stocks are good plays many times, and thats all that we (as investors) should care about. However, isn't ethanol a bust? Doesn't it take more energy to produce Ethanol than the produced Ethanol creates? Why are they good plays if they are a waste of energy?
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Oil should start the week off hot again after the report from Iran stating $120 barrel. FPPL up 23% today with a nice steady finish. I was figuring an end of week dump by day traders. Hoping we see .03 on Monday.
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im keeping my eye on FPPL monday.. im not so good at reading charts, but plenty of volume, momentum looks good, can anyone take a look at the charts and give their input? .. whats a white candlestick?
-------------------- Penny stocks are often very volatile, and just as often unpredictable. - Peter Leeds
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MSEP - MotorSports Emporium Inc. .0037 - Trades near 52 week lows. New product lines coming out under racing star Arie Luyendyk Jr name in June 2006 accorrding to news.
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FPPL's chart has been consolidating over the past 4 days in approx. the 1.5 - 2.5 cent range. Yesterday's range was even tighter (1.5-2.0) which indicates/but does not guarentee that it will have a break-out move soon. Caution: break-out could be to the downside. It's bias, based on Friday's close, is to the upside, as it closed near the highs of the day at 1.95 cents. But Thursday's close was at the lows of the day at 1.58 cents - so, seat belt yourself in for wild ride. My two cents, I think penny stocks more driven by news than technicals.
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My FPPL chart reading. If you are already in the stock hold it. Since I am not in already I will wait for a pull back to the 20 MVA.
I also agree with birches. Pennies are driven much more by news than techs. However, I look for pennies that have nice techs and a history of good news releases....well usually. Sometimes I even throw my money in the toilet just for ****s and giggles...CSJJ
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Hey i was wondering if someone could tell me HOW long does it take in order to get money from choicetrade, because i was wanting to pull some money in order to buy this car. TIA.
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.0005 to .00006 to .0007 in the past week. There has been discussion on other boards about news coming out but this is not confirmed by any official postings yet. Review last 12 months of PR's to get an idea of what this company does and make our own decision on it.
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