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.

Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (1235)	9/11/2009 12:07:30 PM
From: Jibacoa	Respond to of 1404

BPZ is trying again to deal with the resistance at the $8 level. The stock traded as high as $7.40, but is at $7.27 at present, up 3.12% on volume of > 520,00 which is still below its ADV. bigcharts.marketwatch.com BPZ has 4Qs of much better revenues, but the loss for the current Yr. is still expected around $.02 higher than the $$0.12 it lost in 2008. However, it has +CF,and in January it received a contract to provide PetroPeru with 30M barrels of oil, valued around $1.3B <g> It is expected that it should be able to report on the black around $0.45/shr in 2010. On a close above $8 it seems the stock could get to the $12 level, for a 50% gain.<g> bigcharts.marketwatch.com And with some good news, provided that the political situation in Ecuador and Peru doesn't get much worse, the long term view for PBZ seems to have potential and looks 'interesting'.<g> bigcharts.marketwatch.com Bernard