CWEI closed at 15 1/2, -1/8, Bid 15 1/4 Ask 15 1/2..Volume 125K
On a day when oil stocks and oil prices got hammered, CWEI came back to finish down only 1/8, or 0.80%, where the average oil stock was down 4.0%. Of major significance; there were 6 large trades today, and they all appeared to be buys--10K, 12K, 10K, 15K, 10K, 10K--the last 10K buy was at 15 1/2. Over the last three or four days I have seen continuing large buys of CWEI; someone is accumulating; I believe CWEI is poised for a breakout especially with earnings news being so positive; we may see an announcement soon; it won't take much to have CWEI make a strong move.
At 1620 EST Oil is at $23.32, down 1.10 (CWEI rcvd $21.19 in Q3)
At 1620 EST Gas is at $3.47, up 0.07 (CWEI rcvd $2.62 in Q3) |
