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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (41443)	3/1/2011 1:30:48 PM
From: Paul Senior	Read Replies (2) of 78530

Jurgis Bekepuris: Looks like you and I are the only ones around here with an interest in ESTE. I keep considering adding to my position, but the bid and ask spread is so very large with this company that it discourages me. Of course, after the reverse split and with only 1.2M sh float now (per Yahoo), that could be expected. Meanwhile the stock moves up. Sharply. Which sometimes happens after there's an article published touting a low float stock. seekingalpha.com I'm in ESTE for the Bakken and the company's ceo, who's "supposed to be" very good. Small position. In since 7/'09 with small adds in '10. Maybe more now if stock will fall back: finance.yahoo.com

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