EGO

[Terliso]

EGO still consolidating between $5.50 & $5.60

[Terliso]

My EGO hit a new 52 week high

[setravis]

"EGO" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.   
All history on a stock pick in 1 thread is awesome.   

Thank You....and good luck with all your trades....make some $$$   

[Terliso]

I'm very bullish in gold

[Terliso]

EGO is now trading at all-time high

[Terliso]

Eldorado Gold Announces 2006 Financial Results Release Date and Conference Call
Wednesday February 21, 9:00 am ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 21, 2007 -- Eldorado Gold Corporation (Toronto:ELD.TO - News)(AMEX:EGO - News) will release its 2006 Financial Results before markets open on Friday, March 23, 2007. Following the release, Paul Wright, President and Chief Executive Officer of the Company, will host a conference call at 8:00 AM PT (11:00 AM ET) on March 23, 2007.

The call is being webcast by CCBN and can be accessed at Eldorado Gold's web site at www.eldoradogold.com or from www.ccnmatthews.com.

[yukiii]

Just hit bottom, a buy here at $5.60 target $8.50

[setravis]

"EGO" Threads have been Merged......."Again"
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                   
All history on a stock pick in 1 thread is awesome.                                                     
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                               
Thank You....and good luck with all your trades....make some $$$   

[setravis]

The article is great.......


Gold stocks will continue to shine...
Barring a major reversal in the world order, such as China's bubble economy collapsing, or the US economy's balance of payments rising and debts reducing, the chances are very strong that precious metals, especially gold, will continue to climb this year. In other words, gold stocks seem to be the surest bet there is....you can see the economics clearly laid out along the yellow brick road, and it is paved with gold!
The reason gold fell on Thursday was that most traders anticipated the events I mentioned would happen on Wednesday and Thursday (between central banks), and thus we had a big rally for the two days prior to Thursday...Thursday was actually profit-taking in gold...but also, now is a good time to enter, and hold and watch the profits come in over the next few months.

I have seen a few traders say that gold has topped for the foreseeable future....I say they are wrong...gold has not even reached 50% of where it is ultimately headed, I believe. ACE

From the Financial Times website:

Central banks signal fight on inflation
By Chris Giles in London and Ralph Atkins in Dublin

Published: May 10 2007 12:45 | Last updated: May 10 2007 19:53

European central bankers on Thursday signalled that they would act to control inflationary pressures across the Continent as the Bank of England raised interest rates and the European Central Bank indicated it would move rates higher in June.

Jean-Claude Trichet, ECB president, committed the ECB to "strong vigilance" – a phrase widely understood to mean an interest rate rise is a month away. Eurozone interest rates are currently 3.75 per cent.


The Bank of England increased its main interest rate by a quarter point to 5.5 per cent, its highest rate in six years, citing strong business investment and "signs that businesses are more able to push through price increases".

With the US Federal Reserve reiterating its main concern that "inflation will fail to moderate as expected" on Wednesday and the Bank of Japan's governor on Thursday making the case for gradual increases in interest rates, all the world's big central banks have now flagged that their primary focus remains the control of inflation.

Economists expect the peak of the current European interest rate cycle to come this year but markets still think there is a good chance of another rise in the UK and a further rise in the eurozone after June's increase.

Commenting after a meeting of the ECB's governing council in Dublin, Mr Trichet said "upside risks" to inflation remained, citing increasing capacity utilisation and the threat of high wage deals.

But there were signs that higher interest rates in the 13-country eurozone are already having an effect, Mr Trichet added. Higher interest rates were influencing money and credit data watched closely by the ECB as longer term inflation indicators, "although they have not, as yet, significantly dampened the overall strength of these dynamics".

Mr Trichet deliberately left the door open for further rises beyond June – financial markets see a good chance of another quarter point rise, to 4.25 per cent, by the end of the year.

Asked aboutthe ECB's intentions beyond June, he said: "I will only say that we will do whatever is necessary to ensure price stability."


In London, the Bank of England took the widely expected decision to raise rates by a quarter point. It highlighted strong business investment and the growing desire and ability of companies to raise prices.

[setravis]

Symmetrical Triangle (continuation) Pattern
Above the 50-day and Oversold.......
Stochastic rising out of oversold.
MACD bouncing north very nicely off the center line.


52wk Range: 3.82 - 6.55
Volume: 1,390,209
Avg Vol (3m): 1,262,730

Technicals
13-day EMA Cross Above 50-day MA
Close Above the 50-day MA
Percentage Gainer

Last Price Quote is:
6.70%above 13-day MA
7.53%above 50-day MA
RS Rating: 65 

Fundamentals
Key Data:
Market Cap (M): $784.59 
P/E Ratio: NA 
PEG Ratio: 0.26 
Next Earnings: 08/09/2007
Last Analyst Rating: Outperform

[Terliso]

Breaking  out to new highs

[BigSully1]

big breakout

[setravis]

We miss out on much action...When we don't have any updates.
It's hard to take care of my business and to keep everything on top here!
Sorry for the lack of help!!


52wk Range: 2.38 - 9.34
Volume: 4,285,156
Avg Vol (3m): 2,624,950
Market Cap: 3.30B
P/E (ttm): 58.95 x
EPS (ttm): 0.15
Div & Yield: N/A (N/A)

Technicals
Percentage Gainer

Last Price Quote is:
8.64%above 13-day MA
22.03%above 50-day MA
RS Rating: 96 

Fundamentals
Analyst Downgrade to Neutral

Key Data:
Market Cap (M): $784.59 
P/E Ratio: NA 
PEG Ratio: 7.24 
Next Earnings: 04/23/2009
Last Analyst Rating: Neutral

Company is in good financial condition and is buying up smaller producers that have proven gold resources.
Good luck! EGO is trying to get back above $9.00 again today...there is still time to get in up until about $9.10 and reasonably guarantee a safe trade. Once over $9.10, it can still rally hard to $10 or higher, but a trader who misses this buy point might want to wait until it pulls back to at least its 20 dma line...once it is beyond $9.10, that is. IMHO!
When EGO closed above its $8.59 pivot point! It's officially in breakout mode!

One of the best performing mining stocks recently. Read a prediction that gold and silver could be explosive (up) soon.

[setravis]

It's in breakout today...
Classic break through the top of the base.......stay with it!

Technicals
Record Price High
Record Price Break Out