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Re: None

Sunday, 11/16/2003 11:24:05 PM

Sunday, November 16, 2003 11:24:05 PM

Post# of 396422
Some Thoughts on ENGY (OTCBB)...

Frankly I'm a bit out of my depth as I'm sure there are many individuals here with trading experience far greater than my own.

I'll try to conform to the board's stated rules by including a chart:

http://stockcharts.com/def/servlet/SC.web?c=ENGY,uu[w,a]dallyiay[dc][pd20,2!b10][vc60][iUf!La12,26,9....

I will also throw in some fundamental realities:
The company just released a Notifcation of Late Filing

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001052918%2D03%2D000284%2Etxt&FilePath....

And one other thing of significance in my opinion is that Bowers, Director, CEO and CFO resigned back in June of this year:

The resignation was reproted on an 8K filed July 18th 2003:

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001052918%2D03%2D000177%2Etxt&FilePath....

I think the perfomance of the stock is nothing short of incredible in light of the fundamental realities. One thing I'm interested in, if anyone would care to share...are are there any filings related to the selling or registering of stock...I haven't found any.

Also, as far as I'm aware there has been no IR campaign, no PRs, no webcast CEO interviews of any kind during the past 6 months...basically no promotion of any kind that I've be able to discern. Frankly, it warms this contrarian's heart. If I've missed some promotion please let me know.

Any thoughts and or comments appreciated.




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.

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