View Full Version : any info on Cougar Oil and Gas Canada Inc COUGF:OTC?
Made a small investment Monday and I am thinking about doubling my stake.
Should have done it early when it was even but waiting on it to dip seems pointless. I dont remember where I heard about it but I do remember it being pushed as a $7.50 potential. I hesitate because I cant find any analyst recommendations. I suppose I shouldnt expect much coverage as its a OTC Canadian stock. Anybody heard anything about it?
Found an analyst recommendation
http://www.sism.com/researchreportscougar.htm
@ close 12-10-2010
2.95 Arrow Up 0.30 11.32% 352,704
Stock has doubled in the last 10 days
I believe its a P&D. The higher it goes the harder it falls. Just like RITT & HHWW.
The energies had another stable week as Crude Oil was range bound again from $87 to $90 as there has been a tight market for the last two weeks now. It seems as though the Crude Oil market is consolidating at this huge support level of $87 and it looks to me like a bull flag is forming and ready at any time to breakout to the upside. The only problem that I foresee is the WTI spreads in the front giving some trouble to the Feb and March flatprice as these front spreads are still liquidating as Feb/Mar trades down to -85. Heating Oil has been having one leg up on the crude market with the bitter cold weather in the north as the heat cracks have gained $1.00 in the last week. In order to break to the upside the Feb flatprice needs to break the $91 area with a strong close above that number. API reports will be key to this week’s trade which comes out on Tuesday after the bell.
Heating Oil has been having one leg up on the crude market with the bitter cold weather in the north as the heat cracks have gained $1.00 in the last week. In order to break to the upside the Feb flatprice needs to break the $91 area with a strong close above that number. API reports will be key to this week’s trade which comes out on Tuesday after the bell.
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