ENGY - Enviro-Energy Corporation (ENGY)

[growacet]

With Respect to the Chart:

ENGY most certainly was going down, and was trading below 1/2 a penny in October. However with no news or promotion (please point out any company attempts at IR if I missed them), ENGY bounced back up over 1 cent on volume well above the average.

While some may have been sufficiently worried by their Nov. 14/03 filing that earnings would be late....the market certainly didn't respond in a bearish manner.

Since then it has been trading flat and down, on volume nowhere approaching the 19+ million it rebounded on or the 7 or so million that traded when they filed that earnings would be late.

It is my opinion, based on the price volume movement of ENGY and on fundamental considerations that ENGY represents a speculative buy.

That is hardly an iron clad endorsement. ENGY comports significant risks in my opinion and I consider it a very real possibility that I may lose some or all of my investment. Please do you own DD and reach your own conclusions.

If you chose to share your opinions please be respectful of other posters. If you have fundamental data please substantiate it with a link.

Regards
ledrog