lowtrade

[SEBASS]

Hyberbully it seems like this stock has strong support at $2.00 which is good.

http://www.stockta.com/cgi-bin/analysis.pl?symb=CWPC&num1=1&cobrand=&mode=stock

CMF is decreasing suggesting to me that it might go down a little before picking back up althougth i think it will start trading at those levels until they find oil.

http://stockcharts.com/def/servlet/SC.web?c=CWPC,uu[w,a]daclyyay[db][pb50!b100!f][vc60][iut!Uc20!Ub1...

So far this company does not have any reserves so value is only based on recovery of the oil in future. If they do expect to go up a lot. If they won't for sure it will go back to pennies. What bothers me about this stock is that it trades on OTCBB and I don't trade those exchanges no more. I am sometimes reluctatnt about AMEX which i don't like as well since both are manipulated by MMs IMO. Any company that is serious about business will not trade on OTCBB for a long time however i do understand that raising capital is crucial to company and where else but those exchanges. If you are investor stay away from OTCBB, PK and AMEX. If you are trader then go ahead.

One other thing. It looks to me that CWPC might trade similiary to TERX since both companies right now have no reserves however both started to drill just now. Look at how tight TERX trades. If this will be the case for CWPC then i would just wait. You would be freezing your money in that stock. I would wait until they annouce something substantial. Of course then it might be too late. That's the game but on OTCBB i'm not willing to play that game. Just me.

http://stockcharts.com/def/servlet/SC.web?c=TERX,uu[w,a]daclyyay[db][pb50!d10,2!f][vc60][iut!Ul14!Uv...