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Posted by FatherOfTwo on :
 
The chart is getting ready to bounce off the bottom.

http://stockcharts.com/def/servlet/SC.web?c=SUOG,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

The MACD is about to cross and the RSI is WAY oversold! The slow stochs are starting to turn upward.

The big drop was cuased by some selling after the Dividend paydate of April 30th. IMHO, the selling caused more panic selling thus the big selloff. The co is undervalued and should adjust to the level before the dividend!
 
Posted by FatherOfTwo on :
 
Sun Oil & Gas Corp.

Sun Oil Announces Its Participation in the Clovelly Prospect

VANCOUVER, British Columbia, Feb 08, 2005 /PRNewswire-FirstCall via COMTEX/ -- Sun Oil & Gas Corp. ("Sun Oil") (OTCBB: SUOG) is pleased to announce its participation in an exciting oil and gas area known as the Clovelly Prospect. The property is located approximately 35 miles southwest of New Orleans in Lafourche Parish.
Pursuant to a participation agreement effective December 30, 2004 with ORX Resources, Inc. as the operator of the property, the Company acquired the right to earn and participate in the exploration and development of the Clovelly Prospect, for a one-time participation fee of approximately $27,300, due on or before March 30, 2005. This fee represents approximately 10% of the costs associated with drilling the initial test well, therefore allowing Sun Oil to hold a 10% interest in the proceeds from the well. The total costs associated with the first test well will be approximately $273,000.

The Clovelly Field is host to many oil and gas producers and the M Sand has produced in excess of 25 million barrels of oil and 120 billion cubic feet of gas since its discovery in 1950. Peter Wilson, Sun Oil's newly appointed President, stated: "The Clovelly Prospect is an exciting opportunity to commence an aggressive oil and gas exploration and development program, and building a significant value for our shareholders."

At a recent meeting of its Board, it was decided that in order to create long-term relationships with the Company's current shareholders, each shareholder holding a minimum of 3,000 shares at a record date of March 30, 2005 will receive a $20.00 Chevron gasoline gift card. Moreover, for new oil and gas wells brought into production, the Company will issue additional Chevron gasoline cards to its registered shareholders.

Web Site: www.sunoilandgas.com Email: info@sunoilandgas.com

Investor Relations Inquiries: Peter Wilson, President: 604-340-4211

Safe Harbor Statement: "This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein."

SOURCE Sun Oil & Gas Corp.


CONTACT: Peter Wilson, President of Sun Oil & Gas Corp., +1-604-340-4211

URL: http://www.prnewswire.com
http://www.sunoilandgas.com
www.prnewswire.com
 
Posted by FatherOfTwo on :
 
From their website:

Sun Oil & Gas Corp.
Sector: Oil and Gas
Status: Active
Listed: OTCBB
Trading Symbol: SUOG
CUSIP#: 86681 U 108
Shares issued and outstanding: 161,319,913
Shares authorized: 200,000,000
Transfer Agent: Madison Stock Transfer Inc.
P.O. Box 290-145
Brooklyn, NY, 11229-0145
718-627-4453
 
Posted by FatherOfTwo on :
 
bid raising up! now 41 x 42
 
Posted by FatherOfTwo on :
 
bunch of buys pushing through at the ask!
 
Posted by dreamer_rick on :
 
Looks nice to me .... if we bounce from here we will reach around 0.0860 - 0.090 according to fibonacci %38.2
but don't u think we need to wait for a confimation tom?
 
Posted by FatherOfTwo on :
 
Bid:

2 x 0.041 Nite & SCHB

Ask

1 X 0.042 DOMS (Hasn't woke up yet)
3 x 0.045 FRAN (Hasn't woke up yet), Nite and SCHB

It is getting ready to bust out!
 
Posted by dreamer_rick on :
 
what do u think shoud we get in?
 
Posted by maumee river rat on :
 
looks to me as if it will test the lows one more time.035-.038 . I'm watchen it! JMO
 
Posted by lilpennypincher on :
 
got a partial fill at .0042......I'm gonna' see if they fill the rest. If not.....I'm happy with what I got!

Let's go.....Thanks for the heads up FOT!
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by maumee river rat:
looks to me as if it will test the lows one more time.035-.038 . I'm watchen it! JMO

From where I am sitting, it looks like it already found bottom and is heading up.

Level II Quotebook
Time MMID Size Bid
13:33 SBSH 50 0.041 ↑
13:37 NITE 50 0.041
13:54 PERT 50 0.041 ↑
11:44 SCHB 50 0.04 ↑
11:09 FLCR 50 0.037

Ask Size MMID Time
0.042 50 DOMS 07:30
↓ 0.044 50 NITE 13:37
0.045 50 FRAN 07:30
0.045 50 SCHB 11:44
0.047 50 TDCM 07:30
 
Posted by FatherOfTwo on :
 
Now
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 maumee river rat on :
 
just tried to get in at .042 between bid and ask.... status said order was pending.... then said order open ...then bid went up to .042... MM's SUCK
 
Posted by FatherOfTwo on :
 
Check out where two of the MM's on the bid are sitting on the ask.....

Ask Size MMID Time
↑ 0.043 50 DOMS 14:14
↓ 0.044 50 NITE 13:37
0.045 50 FRAN 07:30
0.045 50 SCHB 14:13
0.047 50 TDCM 07:30
0.05 50 SACM 07:30
0.05 50 VFIN 07:30
↑ 0.05 50 FLCR 11:09
↑ 0.05 50 HDSN 11:09
0.06 50 ABLE 07:30
↑ 0.062 50 ETRD 13:34
0.084 50 PERT 13:54 <-----
0.14 50 VERT 07:30
0.25 50 JGIO 07:30
↓ 0.25 50 BEST 07:56
0.26 50 SBSH 13:33 <-----


Do you think they want to sell any shares?"
 
Posted by dreamer_rick on :
 
what do u think about GLBTE guys?
 
Posted by dreamer_rick on :
 
I 'm trying to get some at .042 but it's not being excuted SUOG
 
Posted by FatherOfTwo on :
 
Looking good... Bid is thick and the ask is thin... A bunch of the MM's are bumping up with every buy... this is going to go!
 
Posted by lilpennypincher on :
 
MOVIN' UP!!!!!
 
Posted by dreamer_rick on :
 
I got some at .043 and still some but I will be okay with what I got too... any idea about the target price ..?
My openion is we should test .09 if we break it we will reach .10-.12
 
Posted by FatherOfTwo on :
 
There goes a 44... it is moving now!
 
Posted by FatherOfTwo on :
 
Volume picking up too! Sweet!
 
Posted by FatherOfTwo on :
 
Nice Big White Candle Today ===== "Buy Confirmed" signal from Amer Bulls Tonite!!!!!!
 
Posted by FatherOfTwo on :
 
44 x 45 now....
 
Posted by dreamer_rick on :
 
NICE....let's see tomorrow...
 
Posted by FatherOfTwo on :
 
45's going through now.... NICE! [Big Grin]
 
Posted by lilpennypincher on :
 
SWEEEEEEEEEEEEEET!!!!!!!!!!!!!!!!!!!
 
Posted by FatherOfTwo on :
 
It is 68 here and I got a sunburn at lunch driving with the sunroof open... ouch! I suppose now I can afford some sunscreen! [Smile]

This is going to see some great action tomorrow! I can't wait...
 
Posted by tigerontop on :
 
Count me in!
 
Posted by tigerontop on :
 
Great call FOT...Thanks for the heads up!
 
Posted by FatherOfTwo on :
 
L2 at close....shows the big wall at 45 is nearly gone... this is going to fly tomorrow!

Time MMID Size Bid
15:45 SCHB 50 0.043
13:33 SBSH 50 0.041 ↑
13:54 PERT 50 0.041 ↑
15:44 NITE 50 0.04 ↓
15:45 FRAN 50 0.04

Ask Size MMID Time
↓ 0.044 50 SCHB 15:45
↑ 0.045 50 DOMS 15:26
↓ 0.045 50 FRAN 15:45
0.046 50 NITE 15:44
0.047 50 TDCM 07:30
 
Posted by dreamer_rick on :
 
thank you FOT nice work
 
Posted by nick789 on :
 
i got in at 0.044. what's the target FOT?
 
Posted by dreamer_rick on :
 
I think we will reach .09 and if we break it we will test .10 -.12

Fibonacci study
 
Posted by FatherOfTwo on :
 
Sorry... here are the L2's at close...

Level II Quotebook
Time MMID Size Bid
15:46 NITE 50 0.043 ↑
15:57 SCHB 50 0.043
13:33 SBSH 50 0.041 ↑
13:54 PERT 50 0.041 ↑
15:55 FRAN 50 0.04
11:09 FLCR 50 0.037
15:55 ETRD 50 0.034 ↓
07:30 TDCM 50 0.033

Ask Size MMID Time
↓ 0.044 50 SCHB 15:57
↑ 0.045 50 DOMS 15:26
0.046 50 NITE 15:46
0.047 50 TDCM 07:30
0.05 50 SACM 07:30
0.05 50 VFIN 07:30
↑ 0.05 50 FLCR 11:09
↑ 0.05 50 HDSN 11:09
0.06 50 ABLE 07:30
↑ 0.06 50 FRAN 15:55
0.062 50 ETRD 15:55
0.084 50 PERT 13:54
0.14 50 VERT 07:30
0.25 50 JGIO 07:30
 
Posted by renrob05 on :
 
Yeah looks good hopefully i can get in at 0.044
 
Posted by CAPTNEMOS on :
 
with enough buying this thing could hit .25c easily.looks good
 
Posted by nick789 on :
 
BUY-IF


0.0440
+0.0040 +10.00%

Candlestick Analysis
Today’s Candlestick Patterns:

White Candlestick
Bullish Engulfing




Today a White Candlestick was formed. This represents normal buying pressure.

For more about this candlestick click here.

The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

For more about this pattern click here.
 
Posted by FatherOfTwo on :
 
Ameri Bulls...

Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 05.17.2005 (7) days ago, when the stock price was 0.0590. Since then SUOG has fallen -25.42% .

The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
 
Posted by FatherOfTwo on :
 
you beat me to it nick... good DD!
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by CAPTNEMOS:
with enough buying this thing could hit .25c easily.looks good

I don't know about .25.... but .125 or .175 definitely looks like a possibility!

http://stockcharts.com/def/servlet/SC.web?c=suog,uu[w,a]daclyyay[dc][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G
 
Posted by CAPTNEMOS on :
 
look at l2s how hard would it be to chew thru not hard at all.
 
Posted by lilpennypincher on :
 
ROFLMAO!!!!!
I've been green for 2 weeks now......I'm really likin' this........

Let's ROCK!
 
Posted by lilpennypincher on :
 
and Capt.........My grandson could chew through those MM's and he doesn't have teeth......LOL
 
Posted by renrob05 on :
 
This sucker is gonna move...who wants to make money!!!
 
Posted by dreamer_rick on :
 
what u think guys should we get more on this ?I see a very big potential
 
Posted by dreamer_rick on :
 
at .044 i mean
 
Posted by dreamer_rick on :
 
guys vol went up ....wooooow
go in it quick or u will regret
 
Posted by djequipment on :
 
I grabbed 11,365 in the first 10 minutes at .044.

I didn't want to miss out on this one.
 
Posted by dreamer_rick on :
 
any L2 guys
 
Posted by FatherOfTwo on :
 
Nite on the ask at 43 trying to push it down....

I suppose he wants to take a running start on the wall at 0.05!
 
Posted by dreamer_rick on :
 
I took some more at 44 I have a strong feeling about this
 
Posted by FatherOfTwo on :
 
MACD is kissing ready to cross over!

http://stockcharts.com/def/servlet/SC.web?c=SUOG,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

This is looking good!
 
Posted by CAPTNEMOS on :
 
quote:
Originally posted by lilpennypincher:
and Capt.........My grandson could chew through those MM's and he doesn't have teeth......LOL

LMAO!
EXACTLY,WITH A LITTLE BIT OF BUYING IM TELLING YA.with the right news and interest pow.
 
Posted by CAPTNEMOS on :
 
IF I wasnt all in WFTV i wouldnt hesitate to buy some in a heartbeat looks that good.
 
Posted by dreamer_rick on :
 
any L2 FOT
 
Posted by tigerontop on :
 
.042 x .043
 
Posted by tigerontop on :
 
Look at the last sale, I got filled the 35000, 30000, and 50000 at .043 and it showed up as .042 and right after that a 100 signal came acroos the board. MM's are hurting right now and any volume right now at the ASK could put a squeeze on em.
 
Posted by renrob05 on :
 
At a recent meeting of its Board, it was decided that in order to create long-term relationships with the Company's current shareholders, each shareholder holding a minimum of 3,000 shares at a record date of March 30, 2005 will receive a $20.00 Chevron gasoline gift card. Moreover, for new oil and gas wells brought into production, the Company will issue additional Chevron gasoline cards to its registered shareholders.

Just thought i would share this with you guys and gals.
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by tigerontop:
Look at the last sale, I got filled the 35000, 30000, and 50000 at .043 and it showed up as .042 and right after that a 100 signal came acroos the board. MM's are hurting right now and any volume right now at the ASK could put a squeeze on em.

Last 4 trades were for 5k each... which to me means they were partial fills...I do not believe the MM's ahve shares and with a little buying pressure, it will send it up!
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by dreamer_rick:
any L2 FOT

12:41 NITE 50 0.042
12:41 SCHB 50 0.042
09:54 JGIO 50 0.041 ↓
10:33 ETRD 50 0.041 ↓
07:30 SBSH 50 0.041
07:30 FRAN 50 0.04

Ask Size MMID Time
↓ 0.043 50 DOMS 10:32
↓ 0.044 50 NITE 12:41
↑ 0.044 50 SCHB 12:41
0.047 50 TDCM 07:30
0.05 50 FLCR 07:30
0.05 50 SACM 07:30
0.05 50 VFIN 07:30
0.05 50 HDSN 07:30
↓ 0.05 50 ABLE 07:37

That big wall at 0.05 will fall real fast... it is all the MM's that were sitting between 0.04 and 0.045 yesterday that got moved off the ask!
 
Posted by dreamer_rick on :
 
and what do u think now ...it's now at 40 ...what should we do here?!!!
 
Posted by FatherOfTwo on :
 
Hold on Ric.... look at the sales at 41.....

10000
5000
5000
10000

The MM's were selling between themselves to scare people into selling... while they were doing this.. they RAISED the ask to 43!!!!

they are shaking out shares!
 
Posted by djequipment on :
 
I'm still holding what I bought this morning at .044.

I bought this instead of RAPT at .04.

My bad!!

SUOG should take off some though!
 
Posted by dreamer_rick on :
 
I havn't known about RAPT ...if I have I would've bought some ....any way I hope that MM's
are cooking somthing for this stock SUOG to bounce back high
 
Posted by FatherOfTwo on :
 
BxA coming back up from that dip!
 
Posted by dreamer_rick on :
 
oh God ... i don't know what is gonna happen with this stock tom.....
 
Posted by dreamer_rick on :
 
it's 39 now
it formed a bearish engulfing
 
Posted by dreamer_rick on :
 
any idea FOT
 
Posted by FatherOfTwo on :
 
http://stockcharts.com/def/servlet/SC.web?c=suog,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLh14,3!La12,26,9]&pref=G

I am not worried! There were alot more buys then sells today!
 
Posted by tigerontop on :
 
It was funny that when I picked up around 80,000shares when there was no volume it showed the stock went down on the intrady chart. How can this happen?
quote:
Originally posted by FatherOfTwo:
quote:
Originally posted by tigerontop:
Look at the last sale, I got filled the 35000, 30000, and 50000 at .043 and it showed up as .042 and right after that a 100 signal came acroos the board. MM's are hurting right now and any volume right now at the ASK could put a squeeze on em.

Last 4 trades were for 5k each... which to me means they were partial fills...I do not believe the MM's ahve shares and with a little buying pressure, it will send it up!

 
Posted by renrob05 on :
 
The manipulation on this one today was ridiculous. Buys outnumbered sells by a long shot. Dropping the ask on 5000 share sell???? FOT is right that's MMs selling. This is gonna go up. They are holding it back. Also OIL is going up!!! Just sit back with your shares and be patient. They can't keep this down with these buys.
 
Posted by tigerontop on :
 
Should be a green day. who is playing this one.
 
Posted by lilpennypincher on :
 
Hey Tiger......Nice to see you!

I'm here.....
 
Posted by dreamer_rick on :
 
Guys what is the story with this one ....I think I will be out .... it's bearish reversal
damn
 
Posted by dreamer_rick on :
 
any idea on this one please what the heck
 
Posted by tigerontop on :
 
I am holding my shares. I watched it dip on a 3000 trade and a 5000 trade. that is the MM's.
This is bootom florr and it can only go up with how oversold it is. We just need a little volume
 
Posted by dreamer_rick on :
 
I agree with u but the bottom is 35 and if we break it it would go down to no where ...what if that happened?
 
Posted by dreamer_rick on :
 
it's 34 now
FOT any L2 and what do u think
 
Posted by CAPTNEMOS on :
 
yes its down a little, but looks like a trend reversal is setting up ,these prices are ridiculous,if i would of known this stock could be bought at this price man.im all in another stock,man!good luck,
 
Posted by Penny_Stock_Master on :
 
quote:
Originally posted by dreamer_rick:
it's 34 now
FOT any L2 and what do u think

Did you read the last 10k

Bid

31 x 1
30 x 7

ASk

35
36
42
45
 
Posted by CAPTNEMOS on :
 
↓ 0.036 50 SCHB 10:03
↓ 0.039 50 STCS 09:57
0.042 50 NITE 10:22
0.045 50 FRAN 07:30
0.047 50 TDCM 07:30
0.05 50 SACM 07:30
0.05 50 VFIN 07:30
0.05 50 HDSN 07:30
0.05 50 ABLE 07:30
0.05 50 FLCR 10:02
↑ 0.05 50 ETRD 10:25
0.084 50 PERT 07:30
0.14 50 VERT 07:30
↑ 0.169 50 DOMS 09:56
0.25 50 JGIO 07:30
↓ 0.25 50 BEST 07:56
0.26 50 SBSH 07:30
0.265 50 BMIC 07:30
0.30 50 HILL 07:30
0.30 50 MAXM 07:30


still looking ripe.i did look into downtick and not from alot of selling there is just new shares on market for some reason call t/a to verify.
 
Posted by CAPTNEMOS on :
 
Time MMID Size Bid
10:39 NITE 50 0.033 ↑
10:39 FRAN 50 0.031 ↑
07:30 SACM 50 0.03
07:30 SBSH 50 0.03
07:30 HDSN 50 0.03
10:02 FLCR 50 0.03 ↓
10:03 SCHB 50 0.03
10:38 DOMS 50 0.03
10:38 ETRD 50 0.024 ↓
07:30 VERT 50 0.022
10:39 TDCM 50 0.022
07:30 HILL 50 0.02
07:30 PERT 50 0.02
07:30 VFIN 50 0.02
07:30 BMIC 50 0.02
07:30 MAXM 50 0.02
07:30 ABLE 50 0.02
07:56 BEST 50 0.02 ↓
07:30 TASL 50 0.010
09:57 STCS 50 0.010
07:30 JGIO 50 0.0001
10:03 GNET 0 0.000 ↓

theres the ask
 
Posted by dreamer_rick on :
 
do u mean we should hold it
 
Posted by CAPTNEMOS on :
 
no only you should to decide to hold it.find out if its true call their t/a and see what latest number is.then you now its only a supply of new shares driving price down,meaning as long as its not too much and good news is associated with it then we go back up.somebody get latest a/s and o/s and decide for yourself.i like l2s alot so if its only small issuance then no problem.i myself dont see a selloff just a bump in supply of shares thats all.
 
Posted by svrider650 on :
 
I jumped in at .035 Hope this is the bottom and it starts going up now [Wink]
 
Posted by dreamer_rick on :
 
it touched a new bottom which is 33 let's hope we will see some green tom
it's kinda shaky
 
Posted by maumee river rat on :
 
they won't fill me at the ask....L2's looking good
 
Posted by tigerontop on :
 
that was a good entry Svrider. By Friday we should have increasing volume.
 
Posted by maumee river rat on :
 
in @ .036 then she popped up the ask..hehehe
 
Posted by svrider650 on :
 
Thanks Maumee. I am feeling very optimistic.
 
Posted by maumee river rat on :
 
You're welcome !!! What did I do??? hehe. I think you wanted to direct that towards tigerontop... But if it makes you feel better, I concur with what he said..
 
Posted by tigerontop on :
 
That goes to show you that with any volume this will move.

quote:
Originally posted by maumee river rat:
in @ .036 then she popped up the ask..hehehe


 
Posted by svrider650 on :
 
Oh thanks I did mean Tigertop.

LOL
 
Posted by svrider650 on :
 
Yeah and the spread is holding this back too I think.
 
Posted by dreamer_rick on :
 
do u think that's gunna run beforemonday cuz of the holiday...and should we exit at ..07 or .09
 
Posted by tigerontop on :
 
We should see some rise from here but your exit is up to you. This stock could make it back up to its original position. I will watch close around .09 and make a decision then but morethna likely hold. It might just blow right thru it.
quote:
Originally posted by dreamer_rick:
do u think that's gunna run beforemonday cuz of the holiday...and should we exit at ..07 or .09


 
Posted by dreamer_rick on :
 
I hate MM's and they r doing to this stock ..it seems that we stucked to this tock
 
Posted by maumee river rat on :
 
quote:
Originally posted by dreamer_rick:
I hate MM's and they r doing to this stock ..it seems that we stucked to this tock

Huh!
 
Posted by tigerontop on :
 
Dreamer, if you dont mind me saying that you might be a little to impatient for this type of play. This is a simple swing trade that might take a few days, weeks. etc, but it is not going to happen today. Dont get cought up in every buy and sell and move. Its going to drive you nuts eventualy.
 
Posted by maumee river rat on :
 
quote:
Originally posted by tigerontop:
Dreamer, if you dont mind me saying that you might be a little to impatient for this type of play. This is a simple swing trade that might take a few days, weeks. etc, but it is not going to happen today. Dont get cought up in every buy and sell and move. Its going to drive you nuts eventualy. Too late!!! I think the lad is toast...


 
Posted by maumee river rat on :
 
Let me try that again
quote:
Originally posted by tigerontop:
Dreamer, if you dont mind me saying that you might be a little to impatient for this type of play. This is a simple swing trade that might take a few days, weeks. etc, but it is not going to happen today. Dont get cought up in every buy and sell and move. Its going to drive you nuts eventualy.

too late I think the ladd is toast!!
 
Posted by maumee river rat on :
 
thats better... sorry for the run -together quote thingamajigger thing there Tiger!
 
Posted by maumee river rat on :
 
hey dreamer!! I'm just putin a little levity in the scene... Tiger is right..this will make ya crazy if you let it..... Do me a favor....DON'T PLAY FUTURES. that would surely do ya in
 
Posted by tigerontop on :
 
No prob.

I just got a response from the company after a few minutes and I feel pretty good about this company. Their drilling rig should arrive to the site sonn after a small delay.

Might see news regarding it.
 
Posted by ZJamaican on :
 
This stock is getting ready to fly off the bottom. Im gonna wait it out.
 
Posted by tigerontop on :
 
This should be a nice close and reflect it on the chart. Very low volume today compared to the last few day.
 
Posted by svrider650 on :
 
Yeah it is going up but people keep dumping LOL. Shake shake shake LOL
 
Posted by djequipment on :
 
Yeah I sold off mine today for about a 15% loss.

I've got in trouble holding stuff for too long and I need to break that habit. At least I have some funds sitting in the account that I can throw into something!
 
Posted by CAPTNEMOS on :
 
tomorrow will be a good judgement of what this stock wants to really do?i get feeling its almost getting ready to reverse.if they dont issue too many more shares.
 
Posted by renrob05 on :
 
One more MM at 0.038 then were in the 0.04s.
 
Posted by renrob05 on :
 
on the move...volume up. one left at 0.039
 
Posted by svrider650 on :
 
Yes then the board will come alive again. Plus it appears to have a 500 uptick.
 
Posted by tigerontop on :
 
I have an order in for .04
 
Posted by tigerontop on :
 
they finally filled it @.039. I was trying to knock him off the podium.lol
 
Posted by dreamer_rick on :
 
TIG do u mean you will sell it at .04 or buying more

second do u still believe in this stock guys ....
 
Posted by tigerontop on :
 
I bought more!
 
Posted by tigerontop on :
 
buy into weakness and sell into strength
 
Posted by dreamer_rick on :
 
the market is bearish today uys becuase of the coming holiday ....so no movement today nethier next week ... pack your stuff cuz cuz it's suck...

BAD LUCK me
 
Posted by maumee river rat on :
 
Hey Dreamer!! You need to relax and enjoy a nice Arabian weekend.. You know go to the beach....take it easy...All will look clear on Tues... Also, no offence, but I find it kind of strange that a man that lives in SAUDI ARABIA, is freakin out over an oil company stock...It just seams odd to me... I mean,...You could be a Basher, but something tells me your not!!! But just in case you are, I feel realy, real good about getting bashed in this stock by Saudi Arabia!! (god thats funny)
 
Posted by tigerontop on :
 
MMR

I was thinking the same thing.

This stock is sitting pretty(no pun intended)lol
 
Posted by tigerontop on :
 
STCS is the MM that was on the ask for a week now has backed all the way up to .051 now. Something going on. He was on the ask ask .039 all morning.
 
Posted by dreamer_rick on :
 
MRR you know what u r right I will go to the beach and relax ...but it's cuz I'm new in this kinda trade (in penny stocks) and these stocks if they go down they go very down...
any way as long as the others r okay with it I will be okay ...
about somthing else I couldn;t understand the word Basher and what u meant with it ?
 
Posted by FatherOfTwo on :
 
I see this is coming back now....

I was out all day yesterday laying sod in the yard.

If Doctoall is out there and can get me a script for a med I would be much appreciative. Only problem is that I can't walk to the car to go and get it. [Big Grin]
 
Posted by maumee river rat on :
 
quote:
Originally posted by dreamer_rick:
I couldn;t understand the word Basher and what u meant with it ? [/QB]

Sorry! A Basher is someone that will talk bad about a stock in order to get people nervouse, and get them to sell.. Then they can get shares at a cheaper price.
 
Posted by dreamer_rick on :
 
quote:
--------------------------------------------------------------------------------
Originally posted by dreamer_rick:
I couldn;t understand the word Basher and what u meant with it ? [/QB]
--------------------------------------------------------------------------------
quote:

--------------------------------------------------------------------------------
Sorry! A Basher is someone that will talk bad about a stock in order to get people nervouse, and get them to sell.. Then they can get shares at a cheaper price.
--------------------------------------------------------------------------------


No way man [Eek!] ... I just want the stock up and make some moey rather than loosing ...but nice I learned a new english word I will added it to my dictionary
any way thanks MRR [Cool]
 
Posted by ZJamaican on :
 
Up 13.5% percent today, looking great. You should still have time to jump in before it flies off the bottom.
 
Posted by svrider650 on :
 
Lets see how it does after lunch [Smile]
 
Posted by renrob05 on :
 
This thing moves with little buying pressure. Up to 0.042 now. Gonna go higher
 
Posted by BayCityInvestments on :
 
does anyone have anymore more news or info on this co? We have had are eye on it for some time.

Are most of you plying based on there fundemants or that the charts look great?
 
Posted by renrob05 on :
 
Look at the begining of the thread. FOT posted some dd on this. Anyways, more buys coming...this is looking great. Schb moved off ask to 0.047.
 
Posted by BayCityInvestments on :
 
I just noticed the level 2is setting up nicely. If you play based on swings and charts you look safe here. I might take position soon.
 
Posted by maumee river rat on :
 
I think if you read through the thread,you'll find a little of both.. I like the charts, I'm a techi.
 
Posted by tigerontop on :
 
BayCI.
I have been in this stock for a few days now. It has held good at these levels. Todays move should be the start of a nice swing.

Dont wait to long;)
quote:
Originally posted by BayCityInvestments:
I just noticed the level 2is setting up nicely. If you play based on swings and charts you look safe here. I might take position soon.


 
Posted by buckstalker on :
 
Moooooving!!!
 
Posted by FatherOfTwo on :
 
45 x 47 .... giddy up!
 
Posted by maumee river rat on :
 
LOOKIN GOOOOOOD!!!!!!!!
 
Posted by renrob05 on :
 
FOT you the man. Thanx for this one.
 
Posted by dreamer_rick on :
 
SCHB has raised the bid to 46 ....woooow
 
Posted by svrider650 on :
 
They raised the bid to .046 and we got a sell at .047
 
Posted by tigerontop on :
 
Time & Sales
Price Size Time
0.042 10000 14:20:21
0.042 9000 14:19:48
0.042 37600 14:18:12
0.042 5000 14:01:25
0.04 1000 13:39:01 <--small trade at the bid
0.042 4761 13:07:06
0.042 3000 13:01:54
0.042 10000 13:01:39
0.042 6400 12:58:02
0.042 3000 12:47:36
0.04 50000 11:41:00
0.04 40000 11:41:00
0.04 10000 11:40:52
0.04 6500 11:37:58
0.039 2400 11:33:17<--small trade @ bid
0.04 12000 11:26:08
0.039 3000 11:02:26<--small trade @bid
0.04 10000 10:32:14


To ironic how the sells are so small and look at the buys.
 
Posted by dreamer_rick on :
 
45000 was excuted at 47 just now
 
Posted by maumee river rat on :
 
Feel better Dreamer???
 
Posted by renrob05 on :
 
MMs moving off 0.05 now. She's gonna fly
 
Posted by BayCityInvestments on :
 
OMG!...told you guys I might take position. Took me forever to fill but I chased it a little
 
Posted by maumee river rat on :
 
Ihave resistance @ .056....anyone else?
 
Posted by renrob05 on :
 
Here comes the bid support.
 
Posted by BayCityInvestments on :
 
I had the reistance at .056 as well. I think it can test ti today hopefully
 
Posted by dreamer_rick on :
 
MRR never been better I was about to shut down my laptop and go find something pleasing for today but now I wanna saty and watching it fly fly fly man
Tusday will be a rock

But please what is the exit point for this do u think ?!!
For me I have three targets .09/.10/.12

[Big Grin] [Big Grin] [Big Grin] [Big Grin] [Big Grin]
 
Posted by tigerontop on :
 
WOO! HOO! people are catching on!
 
Posted by tigerontop on :
 
I will not exit til .12 or more!
I may play the dips but for the most part it should be back to where it was
 
Posted by dreamer_rick on :
 
I wish the market close bullish in this last hour so we can rock and rol on tuseday
 
Posted by maumee river rat on :
 
quote:
Originally posted by BayCityInvestments:
OMG!...told you guys I might take position. Took me forever to fill but I chased it a little

welcome aboard baycity
 
Posted by tigerontop on :
 
What more can you ask for?

MACD is crossing over and its RSI is exiting Oversold right now whith good volume at the EOD.

That is set up perfect for Tues
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by dreamer_rick:
it's 34 now
FOT any L2 and what do u think

I think that if you held... you were very smart!

I am looking to jump out around 0.075 to buy more PLNI!!!!! It should hit sometime tuesday!
 
Posted by tigerontop on :
 
Looks like .047 might fall and the next is .0485!
 
Posted by FatherOfTwo on :
 
Like I have said on other stocks... I find the ones at the bottom and are ready to turn around... it does not happen overnight!

SUOG looks like it has a good run getting ready! Today's action before a holiday shows that it is not selling off and is a good indicator that it will fly on Tuesday!
 
Posted by FatherOfTwo on :
 
SWWWEEEETTTTTTTTTT!!!!!!!!

http://stockcharts.com/def/servlet/SC.web?c=SUOG,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G
 
Posted by tigerontop on :
 
Those that were waiting for confirmation will notice that.

quote:
Originally posted by FatherOfTwo:
SWWWEEEETTTTTTTTTT!!!!!!!!

http://stockcharts.com/def/servlet/SC.web?c=SUOG,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G


 
Posted by tigerontop on :
 
Nice ASK is moved up to .0485!
 
Posted by svrider650 on :
 
Yeah that looks perfect to me.
 
Posted by ZJamaican on :
 
UP 31% today looks GREAT!
 
Posted by dreamer_rick on :
 
quote:
Originally posted by FatherOfTwo:
quote:
Originally posted by dreamer_rick:
it's 34 now
FOT any L2 and what do u think

I think that if you held... you were very smart!

I am looking to jump out around 0.075 to buy more PLNI!!!!! It should hit sometime tuesday!

FOT nice pick I know I was shaking but yes I held it and I will be out at .12
 
Posted by derek111c on :
 
looking good
31%
 
Posted by derek111c on :
 
nice sign for next week
 
Posted by nick789 on :
 
Hopefully I can add to my position on Tuesday at 0.0485.

This stock even ended at the HOD.
 
Posted by ZJamaican on :
 
Anyone have any guess as to how much percentage it will go up on Tuesday
 
Posted by nick789 on :
 
BUY-IF


0.0485
+0.0115 +31.08%

Candlestick Analysis
Today’s Candlestick Patterns:

White Marubozu
Bullish Engulfing




Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.

For more about this candlestick click here.

The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

For more about this pattern click here.
 
Posted by ZJamaican on :
 
Tuesday is coming This is going to launch.
 
Posted by BayCityInvestments on :
 
I am looking for a green day in the morning. I have other investors who do a little swing trading are going to try to get into this stock.
 
Posted by tigerontop on :
 
Looks good for this monring!
 
Posted by tigerontop on :
 
Looks like L2 shows a small gap from .0485 to .05

Look at is close.
 
Posted by renrob05 on :
 
this is gonna run.
 
Posted by renrob05 on :
 
with some more buys this move huge!!
 
Posted by tigerontop on :
 
Got an order in now that trying to fill
 
Posted by tigerontop on :
 
We need some volume! Atleast it is holding strong.
 
Posted by maumee river rat on :
 
Have an order in between b/a , it won't fill
 
Posted by tigerontop on :
 
Look at all the buys they drop it and just a few sales. Now no one is selling. This thing should fly with any pressure on the MM's

Time & Sales
Price Size Time
0.045 3000 11:24:52
0.045 3000 11:24:52
0.045 17000 11:21:57
0.045 6500 11:18:34
0.045 12000 11:18:34
0.046 1000 10:53:57
0.046 1000 10:22:31
0.046 21650 10:22:31
0.048 1500 10:13:42
0.049 8000 10:13:27
0.049 2000 10:09:01
0.049 3000 10:05:00
0.049 6000 10:01:31
0.049 3000 10:00:52
0.049 21000 09:51:21
0.049 25000 09:50:29
0.049 5000 09:43:16
0.049 5000 09:43:15
0.049 2000 09:36:13
0.049 5000 09:36:13
0.049 15000 09:36:12
0.049 1000 09:33:45
0.049 1000 09:33:42
0.049 3000 09:31:42
0.049 3000 09:31:03
0.049 1000 09:30:45
0.05 9000 09:30:05
0.05 3000 09:30:04
0.049 3000 09:30:04
 
Posted by tigerontop on :
 
The bid was at .045 and it dropped to .041 for a sale! I think there are in a short sqeeze.
 
Posted by maumee river rat on :
 
shake!!!!!
 
Posted by dreamer_rick on :
 
the market today is very slow but what do u think that we will have a bullish week or a bearish one ?
 
Posted by dreamer_rick on :
 
So guys any L2 and what do u think about the market guys
 
Posted by dreamer_rick on :
 
I meant about SUOG any comments
 
Posted by ZJamaican on :
 
Today was a slow day for the market, things should start to shape up tommorrow.
 
Posted by tigerontop on :
 
NITE just raised the bid! Could get interesting
 
Posted by tigerontop on :
 
SCHB keeps jumping the ask.
 
Posted by 888666 on :
 
a dead cat with a shiftless board on the way to subpenny. no product, no business, no debt, nothing left ..... no hope.....
 
Posted by dreamer_rick on :
 
any comments guys
 
Posted by svrider650 on :
 
No one comments when a stock is idle. You have to make your own call if you want to sell or hold. If the stock is up everyone in the world is posting and saying how great the pick was and stuff. When I was newer I found this hard to deal with. But that seems to be the way it is on boards.
 
Posted by 888666 on :
 
down more and more...
 
Posted by 888666 on :
 
they hit a dry well,anybody heard that?
 
Posted by svrider650 on :
 
I already sold mine earlier today. If it goes up I still made a profit. GLTA
 
Posted by dreamer_rick on :
 
I am trying to sell but man no way
 
Posted by tigerontop on :
 
Thats funny....a basher comes on the board and has 4 post. what does that tell you?
 
Posted by tigerontop on :
 
But when bashers come out of no where is usualy means someone is caught short or they can get shares. To me its a good sign. Quite funny
quote:
Originally posted by svrider650:
No one comments when a stock is idle. You have to make your own call if you want to sell or hold. If the stock is up everyone in the world is posting and saying how great the pick was and stuff. When I was newer I found this hard to deal with. But that seems to be the way it is on boards.


 
Posted by tigerontop on :
 
They cant hit a dry well the equips on the way now. Hows that possible? Hmmm? How many shares did you get by trying to scare people into selling
quote:
Originally posted by 888666:
they hit a dry well,anybody heard that?


 
Posted by svrider650 on :
 
Do you think I am a basher Tigerontop? It wasnt meant to bash anyone.
 
Posted by tigerontop on :
 
No I was just adding to your comment about boards activity, and was talking about 888666 that started posting with 4 post. I gess that did come over the wrong way...sorry
quote:
Originally posted by svrider650:
Do you think I am a basher Tigerontop? It wasnt meant to bash anyone.


 
Posted by svrider650 on :
 
Oh N/P I wasnt sure what you meant. Yeah I think that guy was a basher. I am glad they posted this stock. it lived up to my signature below. I am looking for others that are moving a bit faster right now.
 
Posted by Mack on :
 
SUOG - SUN OIL & GAS CORP (OTCBB)
Date Open High Low Last Change Volume % Change
06/01/05 0.0440 0.0470 0.0400 0.0420 -0.0020 295447 -4.55%


Composite Indicator
Trend Spotter TM Sell

Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Sell
20 Day Bollinger Bands Hold

Short Term Indicators Average: 60% - Sell
20-Day Average Volume - 1541625

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Sell
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: 75% - Sell
50-Day Average Volume - 862316

Long Term Indicators
60 Day Commodity Channel Index Sell
100 Day Moving Average vs Price Sell
50 - 100 Day MACD Oscillator Sell

Long Term Indicators Average: 100% - Sell
100-Day Average Volume - 813233

Overall Average: 80% - Sell

Price Support Pivot Point Resistance

0.0440 0.0360 0.0450 0.0540
 
Posted by ZJamaican on :
 
Ok looking good now
 
Posted by tigerontop on :
 
On the up and up. Should be a good day to buy in on the small dip.
 
Posted by dreamer_rick on :
 
what is going on guys this one dose n't wanaa sell my postion and also it dose n't wanna go up

any idea
 
Posted by 888666 on :
 
any substantial finicial data to support SUOG.OB? or I missed something in 10K. any ongoing project? any potential revenue?
 
Posted by dreamer_rick on :
 
Guys somebody replies pls to this stock and what do u think guys cuz even I can't sell my position ?
 
Posted by svrider650 on :
 
What are you trying to sell at? .039??
 
Posted by dreamer_rick on :
 
I have a large a mount and every time it hits only 5000 then it hits lower bid I mean there isn't enough volume to take my whole amount at one price
so if I keep selling it will drive the price down and down
 
Posted by svrider650 on :
 
Ok I never had that problem before.
 
Posted by maumee river rat on :
 
Hey dreamer!!! this is at minor support .036

If all goes well should rebound a little
 
Posted by ZJamaican on :
 
This stock is lying dormant but it should be ready to launch soon.
 
Posted by dreamer_rick on :
 
Gys r u still holding ...any one
 
Posted by maumee river rat on :
 
needs a kick in the azz and she will go
 
Posted by ZJamaican on :
 
Ok up 8%today so far hopefully it comes off this flatline soon and launches up.
 
Posted by maumee river rat on :
 
that would be very nice
 
Posted by maumee river rat on :
 
Moven along on low volume isn't it
 
Posted by trainsite on :
 
buys coming in
 
Posted by trainsite on :
 
taking off!!
 
Posted by dreamer_rick on :
 
what is the profit stop for this stock any idea please
 
Posted by maumee river rat on :
 
Resistance at .057-058....If it gets above that .12-.14depending on how long it takes to get there
 
Posted by maumee river rat on :
 
I'm looken for some proffit taken to kick in at .057 a pullback to 043 range and off again hahahahahahahah goooooo
 
Posted by FatherOfTwo on :
 
what a nice run!

http://stockcharts.com/def/servlet/SC.web?c=suog

It is coming out of oversold territory, macd pointing up.. it is looking GOOD! [Smile]
 
Posted by maumee river rat on :
 
L'2s jumpen all over, volume kicken in .. this could be fun...
 
Posted by maumee river rat on :
 
FOT this could be a real run in a day or two...Nice pick on your part... It took a couple days but it never realy lost anything either..thanks.... where doyou think its goin today?
 
Posted by imran_h on :
 
this one is kind of like AOOR

both oil stocks!

both brought down hard and wayyyyyyyy lower then what they were a year a go or so!

like AOOR this one is getting in volume now!

The only difference is AOOR is already up 200% from its lows, this one isnt

GLTA
 
Posted by maumee river rat on :
 
.055 GOOOOOOOOO COMMON" 057 wooot
 
Posted by FatherOfTwo on :
 
This one dropped after the date of their dividend.... it caused a bunch of panic selling bringing it to this artifically low level! I saw this as an undervalued stock and the pps is starting to rebound to a correct valuation!
 
Posted by imran_h on :
 
American bull has this one as "buy-if" if this one ends of in green today they will confirm it a buy and we should see some more buying tommorow and carrying forward for some days
 
Posted by dreamer_rick on :
 
so do u think that we would break .057 and reach .07 - .12
 
Posted by dreamer_rick on :
 
FOT I mean in the next couple of days
 
Posted by FatherOfTwo on :
 
Dreamer... if the volume comes, it can go that high.
 
Posted by dreamer_rick on :
 
quote:
Originally posted by FatherOfTwo:
Dreamer... if the volume comes, it can go that high.

Don't you think that is a good start volume .. should I sell it at this level or wait for more potential
 
Posted by dreamer_rick on :
 
quote:
Originally posted by imran_h:
American bull has this one as "buy-if" if this one ends of in green today they will confirm it a buy and we should see some more buying tommorow and carrying forward for some days

Imran what is the site of American bull
 
Posted by ZJamaican on :
 
Fianlly this thing is running.
 
Posted by dreamer_rick on :
 
yeah man but I hope it continues ... I hope it close high today so we can see some buys tommorrow
 
Posted by imran_h on :
 
level 2 is starting to look better,

american bull should confirm this as a buy tommorow

this thing should move reminds me of AOOR
 
Posted by trainsite on :
 
Maybe if the d@mn shorts would ease off a bit, this thing would move better today, but it should move higher tomorrow (at least).
 
Posted by maumee river rat on :
 
Took proffits...looking to buy back in on correction
 
Posted by dreamer_rick on :
 
they won't let it go the son of b****s

hey guys can any one tell me what is the site of american bull
 
Posted by FatherOfTwo on :
 
dreamer....

www dot american bulls dot com
 
Posted by dreamer_rick on :
 
Thanks FOT
 
Posted by imran_h on :
 
Dreamer i sent it to u through private message, the american bull website
 
Posted by dreamer_rick on :
 
guys from ur experience what do u think the MM's are trying to do with this stock I mean did they meant to hit the ris. and go down or it was just a test for tommorrow and break out above .056
 
Posted by dreamer_rick on :
 
FOT what do u think is it a littile test for the down side and then we will run or the other way ...they will dump the stock
 
Posted by FatherOfTwo on :
 
Anybody notice we are up 30% today?

http://stockcharts.com/def/servlet/SC.web?c=suog

This is looking good!
 
Posted by maumee river rat on :
 
OK lets see if it can test thew 08 level hehehe... I think it will correct at the 085 range... thats pretty solid resistance up there
 
Posted by imran_h on :
 
this one still reminding me more and more of AOOR, i think this one can get back up near its highs of .25 in a little time oil and gas is hot!
 
Posted by dreamer_rick on :
 
this one has a rist. at .086 if we break it ,it will blow
 
Posted by dreamer_rick on :
 
MM's don't wanna move it up the rist. I love this , it's like a war ...buyers and sellers but it will go high whether they like it or not

I think they want to pause it till get some attention from new buyers

Any comments
 
Posted by dreamer_rick on :
 
Crude oil rallies back towards session highs, now 54.42 +0.88; intraday range 53.50-54.60
 
Posted by dreamer_rick on :
 
Crude oil trades to new session high, now 54.80 +1.26; equity markets continue to drift
 
Posted by dreamer_rick on :
 
any one knows what american bull has said about it today
 
Posted by ct1074 on :
 
I sold around .055 last week. What's a good entry?
 
Posted by maumee river rat on :
 
I'm out 086 for va double +.. 0675 is solid support. I think I will get in around there again.. If that is breached, the next buy will be at the 055 area ( at the bottom of the gap)
 
Posted by maumee river rat on :
 
down to 07... will 0675 hold??? or are we gunna fill the gap??? hmmmmm these are the things that try mens wallets!!!
 
Posted by maumee river rat on :
 
support has been breached if so,,, 054 here we come...and I'm waiten for ya..hehehe I'll get in there
 
Posted by ct1074 on :
 
Rat are you in? I missed it @ .056.
 
Posted by maumee river rat on :
 
no not yet I have an order at 048 I think it might fill in the morn... Just a hunch.. Keep your order at 056 if you want.. that should fill for sure. but you never know.. I made good bank on this one so I'm just screwen around with it ... seein if I can pick the bottom..I'll end up[ chasen it .. just my luck.. hehe
 
Posted by clbgroove on :
 
how does this thing run on such low damn volume??
Thats 2 days in a row now I watched it!!
 
Posted by maumee river rat on :
 
Commin on strong right off the bat...could be a nice play
 
Posted by FatherOfTwo on :
 
Still performing well... I sold at .0825 and scored a double! I bought a bunch more PLNI with my profits!

This one can still go higher, but with PLNI audit details.. it too will fly!
 
Posted by FatherOfTwo on :
 
Up to .098 now! Looking good for those still in!
 
Posted by dreamer_rick on :
 
out at .0835 I made 85 % for me I 'm so happy cuz I don't like to keep positions so long and that one was playing with me badly
any way it was a nice prfit though
good pick FOT

but what about PLNI
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by dreamer_rick:

but what about PLNI

buy as much as you can.... it is going to go through the roof!
 
Posted by FatherOfTwo on :
 
Here is what I see with SUOG...

today it tested the 50dma retracted back and then had a stong EOD closing just above the 50dma. Tomorrow will be exciting to watch! I think it will continue up to about 12.5 and if it breaks that, it should make it to 15 before retracting back! the RSI is not overbought (>80) yet and the DMI is showing nice divergence between the green and red lines showing some buying strength!

http://stockcharts.com/def/servlet/SC.web?c=SUOG,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLl14!Lb14]&pref=G

I am out now, but think this one was artificially undervalued because of the panic selling after the dividend pay date! Everyone held on for the required dividend date (May 1st)and then dumped! It is now getting close to the pre-dividend pps!
 
Posted by djequipment on :
 
Thanks for your take FOT, you were indeed right on with the events of the past few weeks for SUOG!
 
Posted by renrob05 on :
 
Looks like it's time to get back in this one. Oil at 58 bucks. SUOG at 0.095.
 
Posted by renrob05 on :
 
Anyone in this stock?
 
Posted by renrob05 on :
 
This is also one to watch today
 


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