ENGY - Enviro-Energy Corporation (ENGY): If everyone was of your opinion jmhollen...

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Re: jmhollen post# 142

Monday, 11/10/2003 9:04:24 AM

Monday, November 10, 2003 9:04:24 AM

If everyone was of your opinion jmhollen...

Then there would be no trading in ENGY at all. Everyone would be holding what shares they have and nobody would be looking to buy. A day like Oct 20 when almost 20 million shares were bought and sold would never have happened.

Why the sudden surge in volume, coupled with a substantial run up in the PPS in terms of %? I don't think there is anything fundamenteal which can explain it...yet there it is. In technical terms it may be what is called a terminal move. That is to say a change in the prevailing direction of the PPS....time will tell.

NT had a significant jump in volume back in the summer of 2002 at around $1.00 per share...afterwards it sank back to about 50 cents before making significant gains.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.