Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: bigbuk who wrote (55040)	4/24/2002 12:04:39 AM
From: speculatingvalue	Respond to of 62347

ENT: CDNX is starting to run. Play until May 17 when warrants expire. I don't post very often, but I lurk regularly, following the postings here. I was the one that brought GLE, TUR.A and CUQ to this thread at $.90, $2 and $.85. ENT also trades as EENC on the Nasdaq. The jump percentage wise isn't large, but EENC traded huge volume / dollars against what I believe is a large short position. I believe the common is being manipulated upward on tight control to force warrant exercise. The company is undervalued and has been buying back their own stock. They have warrants trading as EENCW that they have extended twice. Most recently, they extended them 30 days, indicating that they expect them to be exercised. The strike price for EENCW is $3.50, expiry May 17, common is currently $3.16. It became marginable in the last couple days. Revenues up 60%, $25 million financing in works, record gas production, new acquisition and management. Research reports bullish. PP done a year ago 40% above current market with sophisticated investors before revenues started to run. Disclosure: I've been in for about 30 days and am 50-50 warrants and stock. My warrant average is $.19 and my stock average is $3.15. enterraenergy.com