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COE 44.0¢

off the bottom?

  1. acturtle

    3,800 Posts.

    COE has a lot going for it in the next few weeks.

    The finish of the options/arbitrage trading as of today.

    Start of 8 well drilling campaign in mid April.

    Exhaustion of sellers.

    Todays strong upward action an indication to me that everyone who got tired of COE's action in recent weeks/months has gone and new players wanting a piece of the near future action cannot sit there in the buy queue any longer....

    Should see some healthy action bow between here and spud of the first well in my view.

    I hold.


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