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Howardhaftel

07/14/09 12:07 PM

#7665 RE: big gttom #7660

I don't have anything to do with the PRs, it just reflect Malcolms writing style.

One of my favorite subjects, Not! is charts. How can anyone with a brain believe in them. They reflect past performance and have no relation to future performance and if you believe in history repeats itself then you have made a hugh mistake because there is no history. Its simply hype or naysayers that control short term trading in cahoots with market makers trying to make a buck.
how can you justify a chart when a lot of buying comes in from some tip of leaked news or what ever. This company has not even left the gate for this horse race. Throw your charts into the garbage and you won't make trading mistakes. i know I am talking to a wall because people can't think for themselves and have to be herded like sheep. Tell me how you can justify a chart when EEGC strikes oil? How does past performance come into play? It doesn't!
The research the company has done, the millions they have spent, the dedication by management is what makes this a great investment.

EarnestDD

07/14/09 1:54 PM

#7672 RE: big gttom #7660

Absolutely ... the next PR MUST say something to the effect that "$5 Million HAS been transferred to the company to recommence drilling operations".

Failure to come out with an authoritative, definitive statement will only cause the share price to tank further.
jmo