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Traderfan

01/04/10 1:02 PM

#21765 RE: joenatural #21753

NEP, I agree Joe. I'm scratching my head why it's so strong. Ok today is not a real measure because overall markets and especially oil is very strong today. Will be interesting to see NEP if that reverses. The chart is overextended.

GorillaGorilla

01/04/10 1:04 PM

#21766 RE: joenatural #21753

NEP Petro China has to do community things when they move into an area... build schools and hospitals. NEP doesn't - My guess is that NEP is useful to do the small dirty jobs... It wouldn't benefit Petro China to buy it up but it could be a useful industry partner.

If someone knew there was a oil production contracts on the way that would make sense to me. It's certainly hasn't been hanging about.

rich