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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: originunknown who wrote (11291)2/8/2003 7:12:24 AM
From: Al Collard  Respond to of 11802
 
Hi OU,

Your in with USR-v @$ .05 for 200,000 shares.

Chart for U.S. Oil and Gas Resources, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of USR we can see the stock has support @$ .03 where it's major MA's have converged. On Friday the stock broke over and closed atop the $.04 mark which may be indicating an upward break out, but the volume was very low. A very hard chart to get a read from as the stock's volume is very sporadic. I would hold the stock if I owned it, to see if the $.04 mark becomes support. (Hold)