EGOC (Energy 1 Corp ) .0024 We have mentioned this stock before and knew its potential, the stock finally showed its true potential this past trading day. The stock has been under accumulation the entire week with an average of just over 5 million shares each trading day. Well on Friday we saw EGOC get pre-market hits and open at .002 before pulling back to .0015 with a very strong bid support and ask at .0017. There was a deep sense of something brewing if you were watching this stock. On the last hour the stock was bought at the ask with reckless abandon over 30 million shares bought at the ask in the last hour, with the stock having only 48 million float the stock seems to be locked and closing at the high of the day tells me that the stock has massive potential. The shareholders know something , they know that the share structure is too good to pass up and that the expected news on 2 patents on energy efficient technologies is just around the corner. With tensions in the Middle East and oil prices surging this stock may have an explosive effect. The company is in great position and smart investors will have this stock on there watchlist this week.
Energy 1 Corporation, formerly Dairy Fresh Farms Inc., is a United States-based energy research and development company. The Company has developed an energy generator for residential, commercial and the transportation industry. Energy 1 Corporation is engaged in testing its residential application in North America. The Company is also conducting laboratories testing for commercial applications from 70 kilowatts to 500 kilowatts. The Company has developed an emission application of its technology for the automotive industry. The system generates electricity to power vehicles without combustion. In March 2009, the Company acquired Monarch Energy Corp., an energy research and development company.
EGOC Security Details
Share Structure
| Market Value1 | $569,521 | a/o Feb 24, 2011 |
| Shares Outstanding | 379,680,408 | a/o Mar 31, 2010 |
| Float | 46,784,211 | a/o Mar 31, 2010 |
| Authorized Shares | 400,000,000 | a/o Mar 31, 2010 |
| Par Value | 0.001 |
Please take a look at these videos for full explanation of technology and a CEO interview:
EGOC is expecting news on" Clean Air Tech " technology with news pending http://www.energy1corp.com/images/patent.pdf and a very attractive share structure, the company has since updated there website with great information and highly professional lookhttp://www.energy1corp.com/
Submitted letter of attorney to pink sheets SEP 29 2010 so the company is active http://www.otcmarkets.com/
EGOC Annotated Chart
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Today's action flipped up the parabolic SAR. When the SAR is flipped usually a new trend starts developing. If the SAR is above the candlesticks the stock pps usually trends down. Thats what has been happening with EGOCs SAR last couple of weeks. When the SAR is below the candlesticks ( below the pps) then a new uptrend starts. Thats what hapoened today with EGOC. Also, please look at the chart, last time SAR was flipped back during second week of January 2001, the pps jumped from .000 to .0037 in a multiday run!!!! Thats what I am expecting EGOC will do for us in the coming days, get close to that .0037 high of the year and breakout big until the next resistence which will be in the .01/.012 (200 day ma) area! Remember the entire float has been traded during last 4 days so theres not much shares in circulation!
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