prop

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setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

prop

Post by setliff »

dan, this little thing has been trading up on very high volume last several days. anything going on that you can talk about?
dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: prop

Post by dan_s »

I really can't talk about this one but they should issue an update soon.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: prop

Post by dan_s »

Watch video at the new Novas Energy website. Novas is a 100% owned subsidiary of PROP.

New corporate sites were launched for Novas Energy (www.novasenergy.com)
and Propell (www.propell.com) which provide customers and investors detailed information on
the technology and the company as well as a channel to receive information from prospective
well operating customers.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: prop

Post by dan_s »

Dan Steffens
Energy Prospectus Group
davidc257
Posts: 78
Joined: Mon Apr 26, 2010 2:42 pm

Re: prop

Post by davidc257 »

Why the 30% decline today?
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: prop

Post by setliff »

i think it ran out of buyers enticing some to take profits and a 100k sh stop loss kicked in for a big part of the drop---all speculation on my part. there was a 3 min period when >150k shs sold off from 30c to 20c. stop losses on these penny stocks can really be dangerous. while they are heavily trade by volume--by number of trades they are thinly traded.
davidc257
Posts: 78
Joined: Mon Apr 26, 2010 2:42 pm

Re: prop

Post by davidc257 »

thank you
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: prop

Post by setliff »

huge spread between bid and ask today---do not trade mkt--use limit trades.
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