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Gold/Mining/Energy : CPE: Callon Petroleum Company -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (15)2/7/2011 1:58:26 PM
From: Hawkmoon  Respond to of 31
 
Well.. barely got out of that trade at above $9/share this morning. Saw the opening and told myself CPE was instore for consolidation.

Looking for re-entry price, and this could be it, or it could be a bit lower. I figure it needs to bounce a couple of times around $8/share.. but it could go back and retest $7/share.

But the uptrend on the chart remains intact for now, and sometime this year it's likely to see that $12-14 band or resistance.

bigcharts.marketwatch.com

bigcharts.marketwatch.com

Hawk



To: Hawkmoon who wrote (15)2/26/2011 1:02:05 PM
From: Kiff1 Recommendation  Read Replies (1) | Respond to of 31
 
Not so much smarter, I just happened across it at the right time and picked up some shares. I sold 1/2 of the shares at $8 and still hold the balance to see where it goes. I was worried that the dilution would drop the price more than it actually did. Now I'm glad I held on to 1/2..


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