Eurasian Natural Resource Corporation, Nighthawk Energy

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Eurasian Natural Resource Corporation - Meets all criteria.  Buy sell pressure end of day was 5.49 to 5.60 with buy more but that could be end of day orders.  Noted a possible multi-billion dollar loan was not made to this company - ambivalent whether that is a positive or negative in these frozen-credit times.

Nighthawk Energy - meets criteria too.  Volume though much smaller - buy pressure favours it over ENRC.  Needs just one and half penny to get the 3% required.  I am tempted to buy this share just to observe the dynamics of buy and sell of less actively traded shares - easier or more difficult to read than more actively traded shares?  I would speculate that the effects of slippage are diminished which for a novice trader like myself protecting smaller margins makes such shares value-added.  As ever only way to find out is to observe and learn.

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This page contains a single entry by Stuart published on October 3, 2008 8:40 PM.

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