YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (15476)	2/21/2006 9:56:21 PM
From: Jibacoa	Read Replies (1) of 23958

Ray, I have a small position on IVAN I am waiting for the results of their exploratory well in CA. Today's upmove could be do in part to the news of their deal with China's CITIC and the possible IPO of their Chinese subsidiary. Today's volume of 17.925.730 was pretty good, but nothing like the 78,667,289 traded on Jan.19 (as you may recall that was the 3rd day on a roll of volumes above the 50M level.<g>) bigcharts.marketwatch.com With some good news on the pilot well in CA & or their deals in China, the volume may get back above the 50M again 4.00 is not out of the question .. if it goes to the next Horiz R. The run from Jan.13 to Jan.19 was from the $1.52 to the $3.43 level (a gain of 125.65% ) A similar % gain from the start of today's move at the $2.46 level should reach the $5.55 <g>

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