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Message: my thoughts on neng

my thoughts on neng

posted on Apr 15, 2010 01:43PM

this co. sp ran to mid 2.70's area and got extremely ob......now there was alot of accumulation going on for some time as I pointed out. With rev's ramping and now the financials to be announced in 2 weeks in the morning I might add.....I believe the low vol. retrace this had to 2.38 and then a run back to mid 2.50 is laying the ground work for a higher run to test the 3.20 area......jmo

not bad from .70.....to note also some of the guys following this believe this to be a winner going forward...so after the 3.20 is touched and profit taking occurs i will be looking to renter for a long haul to poss. 8 or higher...jmo and that may change

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