ENGY - Enviro-Energy Corporation (ENGY)

[growacet]

I think your 'Momma' was a smart woman...
For those technically inclined a move in price on heavy volume is more indicative than a move on light volume.

http://stockcharts.com/def/servlet/SC.web?c=ENGY,uu[l,a]dallyiay[db][pb50!b200][vc60][iUg]&pref=....

Check out the OBV (On Balance Volume) chart. In an overall and obvious uptrend since Oct. 16th when I show ENGY closing at .0047 cents. From October 17 to December 1 inclusive my numbers show a total of almost 68,000,000 shares trading hands.

I estimate that volume to represent approximately $500,000 in actual dollars. Why is there buy side interest in ENGY? I don't know, but if you ask me it isn't because of any promotion, hype or a glowing fundamental picture.