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Subject: ERG to do a DVT?


Author:
salus
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Date Posted: 09:49:22 02/18/02 Mon

Remember when Davnet hovered for ages around the $1.00 to $1.30 mark? Then slowly, it subsided to around 70c, then gently fell to 40 or 50 cents - then collapsed to the mid twenty cent level.

Then after the release of some bad news, it plummeted to around 12c, hovered there for a few weeks - then fell to 6c and finally to around 3 or 4 cents.

My question is - could ERG conceivably follow this path? Even if it didn't collapse to 3c - could it potentially fall to say, 20c?

Or do you consider around 37c to be its price nadir?

In short, I don't like the trend line of this share. Ever downward over time, unfortunately. When will it start a long, sustained UPtrend?

And why did its price fall, even after the good news re the Cubic court case? Is there something we mug punters are unaware of with ERG?

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Replies:
Subject Author Date
Re: ERGSteve Bonkers.03:39:23 02/19/02 Tue
Re:Hi Salus---you have DVT on the brainSteve Bonkers.12:30:36 02/22/02 Fri


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