Sunday, March 6, 2011

Watchlist for Monday

 LOW FLOAT RUNNER
EGOC ( Energy 1 Corporation).0024 I have been watching this stock  and blogging about its potential for quite some time. Typically the stock sees on average 2 million - 5 million shares traded, and manages to move on share structure alone. The company has a real product that can be huge especially with Geo-political tensions in the Middle East , they have 2 pending patents on efficient energy technologies. I briefly go on forums and from experience catch the bashers late in the game when a stock appears to be ready to run, as an investor you have to do a lot of research with less emotion and avoid pumping and bashing. Forums have to be used wisely I encourage reading facts and technical analysis but beware of pumping and bashing. If we know that the stock has bottomed at .0012 and investors have accumulated from .0012- .0018 on an average of 5 million shares in 5 days of trading there is not a chance that smart investors will sell -off especially when the stock  has a float of just around 40 million. On Friday the stock opened at .002 and there were many buys at .0018-.0024 range. It also closed at high .0024 for a 50% gain on over 30 million volume. In just 1 hour the stock had more volume of shares traded in the last 5 days which makes me believe that shares are locked and buying and selling at the ask will get this to .01 quite possibly this week. We all know with volume good companies address there investors, I believe EGOC .0024 shareholders will get update soon.

EGOC Security Details
Share Structure
Market Value1 $911,233 a/o Mar 04, 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

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