88 E Energy, rose Monday to .042 from previous Wednesday close of .oo7
BUT Yesterday and today it fell due to all those short sellers cashing in and also those about to buy their options, they sold to cover costs.
NEVER THE LESS, 88e's North Alaska field has been referred to as possibly the largest oil and gas field ever found.
If this proves to be correct, then we can still be optimistic..
If it proves wrong, then e make sure we haven't invested much, and we might lose our modest investment.
the Bollinger bands showed that Mondays price was overvalued. the high rose outside the upper band. Right now it may be ready for a squeeze and a further rise. Lets see.
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1455691990644&chddm=6859&chls=IntervalBasedLine&q=ASX:88E&&fct=big&ei=zhjEVpC-L4iA0gTuno_ABw
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1455691990644&chddm=6859&chls=IntervalBasedLine&q=ASX:88E&&fct=big&ei=zhjEVpC-L4iA0gTuno_ABw
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