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Gold/Mining/Energy : Transglobe Energy Cp -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (2757)3/1/2005 1:29:04 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 2826
 
funds wanted a cheaper price with volume
they got it

commodity funds
hedge funds
pension funds

this stock should get to 9.0 or so in the next few weeks
annual earnings come next week
something like 60c EPS is likely for FY2005
/ jim



To: Condor who wrote (2757)3/1/2005 10:18:34 PM
From: Jim Willie CB  Respond to of 2826
 
I see a move in TGA toward US$9 on retest

annual earnings come out next week, so I am told
that whole report will be excellent and impressive
they will likely mention an annual 2005 EPS=60c US

the funds caught this puppy between 6.50 and 7.20 clearly
now they add to shares, as it is offered
they wanted it cheaper and they got it
but not through controlled manipulation, my view

today was classic
those who did not see the action yesterday reacted today
some dumped at the open
we are the other side of the top now
tomorrow might open again down a smidgeon, then build up up up
we will fill that 7.60 to 8.40 gap thoroughly next
the old adage held: GAPS GET FILLED

some huge overhead at mid-9 level on US side
a weird double chart phenomenon here in Toronto and USA
the US side has a big overhead gap
the Toronto side does not
we are tied at the hip by the company's fundamentals
/ jim