Dec 19, 2006
ESCL
had one major short squeeze today and rose 91%. It release news today for earning restatement and no fraud was found during investigation. ESCL should still have room going to about $10.20 tomorrow before pullback.
The price on Aluminum is on the edge of upside break out. If it does, ERS should take off again.
The price on uranium metal just had the biggest jump in the year. The price went up 10% since last week. The uranium small cap stocks to be watched are URME, URXE, CVVUF and TRDM. All of them are traded on OTC and higher risk are associated with them.
SOIGF caught my attention again as it lost more than 60% in value in the past 3 weeks dropping from $4 to $1.64. There were no news explaining why the sell-off. It's dangerous to catch a falling knife here, but the risk/return looks attractive, especially for oil being in the 60's range in price.
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