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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (33)	8/28/2008 3:42:33 PM
From: jrhana	Read Replies (1) \| Respond to of 6160

<Also I would like to again emphasize that ESA is not an appropriate ST trading vehicle but rather an IT or LT investment.> For at least one good reason-it is illiquid. Occasionally it seems someone tosses in a market order and gets fleeced in both the warrant and the stock. These tails on the warrant chart must have been from ill advised market orders. stockwatch.com type in ESA.ws So please, don't use market orders on either the stock or the warrant. You can and will be fleeced. Volume and liquidity should improve with time but I would still never use a market order for ESA.