3SOF

Second quarter results were out yesterday. I've read some but don't have a clue what the market reaction will be, it's hard to know what's in the stock and what's not.

I have no strong motives to change my previously made trading plan, which is to sell if the stock is set to close below $0.14, or sell with a profit at the $0.29 descending resistance.

That's it, I've totally lost patience with these micro cap oil stocks, I'll sell AVLN.OB tomorrow if I get the chance given by volume.

Just look at the chart below: the market is showing the $0.18 resistance level is more important than the $0.14 support, so eventually this will break.

I hate to see you go Randolph but I totally understand. I am averaged in much lower and in this case am looking at the next several months when NG goes higher and AVLN has drilling in progress.. I am still up and plan to hold for the mid to long term...

The 10Q has cause this little added selling but I figure most of those left will be looking to the pot of gold at then end of the Rainbow... The Uinta Basin and I figure at $10 per MMBTU the overall value is in the 40 Billion dollar range, based on the previous estimates...

We shall see!!!!

How about trying FLWE?  Seems to me it is just in the beginning of a breakout above the 200 MA.  Had increased volume too today.  I bought some at .80 last week.

Good morning !

With the technical problems we've had on the website during the night I'm very late to make these updates before the opening bell. I want to apologize for this.

It took me a long time but I ended up selling AVLN.OB at an average price of $0.129, like I said I would:

QuoteThat's it, I've totally lost patience with these micro cap oil stocks, I'll sell AVLN.OB tomorrow if I get the chance given by volume.

Just look at the chart below: the market is showing the $0.18 resistance level is more important than the $0.14 support, so eventually this will break.

I had just 3% of capital in this micro cap oil play, and so goes my speculative venture in this field.

There was a lesson to be learned, but we'll talk about it later ... good luck for those that continue to hold.

Changed Ticker Symbol

'AVLN.OB' is no longer valid. It has changed to SGNE.OB