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Small & Midcap Stock Forum Small & Mid Cap Stocks exchange between one and ten dollars, and usually have capitalizations of between $300 million and $10 billion.

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  #1  
Old 05-29-2009, 02:29 PM
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Default EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Came across APEX, looks interesting. Up around 40% today. Current PPS is .53, prior day close was .38. Dont know a whole lot about the company, but seems to be back on the uptrend. Be interesting to see where it closes today. Sorry for the lack of info, I will update when I have a free moment.

This would be a big risk, since I believe they have some debt. Not recommending this as a buy yet.

Quote:
Edge Petroleum Corporation (Edge) is an independent oil and natural gas company engaged in the exploration, development, acquisition and production of crude oil and natural gas properties in the United States. At December 31, 2008, the Company's net proved reserves were 124.1 billion cubic feet equivalent (Bcfe), comprising 89.6 billion cubic feet of natural gas, 3.5 million barrels of natural gas liquids and 2.3 million barrels of crude oil and condensate. Natural gas and natural gas liquids accounted for approximately 89% of those proved reserves. Approximately 79% of the Company's total proved reserves were developed as of December 31, 2008 and they were all located onshore, in the United States. Its reduced drilling program resulted in 25 gross (8.74 net) apparent successes out of 27 gross (9.95 net) wells drilled during the year ended December 31, 2008.
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  #2  
Old 05-29-2009, 03:09 PM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Im gonna hop in around .52.... Like what I see, and I believe this is gonna jump for a quick turnaround next week....
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Old 05-29-2009, 04:01 PM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Bout 4400 shares and made about 120 bucks so far... got in at .525 for 775 of them at 3600 of them at .57.... closed at .591..... Lots of crazy trading final 15 min!
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  #4  
Old 05-29-2009, 04:10 PM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

41k buys at the end of the day.... I think this is gonna take off on MONDAY!!!
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  #5  
Old 05-29-2009, 04:49 PM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Hey TheBoundBook, glad to hear you were already able to take advantage of this play! I hope it continues up further for you. Looking at the expanded chart it looks like it definitely has some more room. Be sure to take your profits though, dont let it go for too long because I know this company has its troubles. That being said, one hell of a close. I love when a stock closes at its high of the day, very bullish sign going into next week.

Goodluck!
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Old 05-29-2009, 09:20 PM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Quote:
Originally Posted by Volatile22 View Post
Hey TheBoundBook, glad to hear you were already able to take advantage of this play! I hope it continues up further for you. Looking at the expanded chart it looks like it definitely has some more room. Be sure to take your profits though, dont let it go for too long because I know this company has its troubles. That being said, one hell of a close. I love when a stock closes at its high of the day, very bullish sign going into next week.

Goodluck!
Im gonna be ready to sell at the bell in case its a disaster.. I expect it to be put up high to start (hopefully huge)... If it hits 20% or higher, Im out for all but the profits probably...
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Old 06-01-2009, 07:39 AM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

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Originally Posted by Theboundbook View Post
Im gonna be ready to sell at the bell in case its a disaster.. I expect it to be put up high to start (hopefully huge)... If it hits 20% or higher, Im out for all but the profits probably...
Up 23% in premarket. Current PPS .73!!!
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-Arnold Schwarzenegger
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Old 06-01-2009, 10:12 AM
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

.7395 printed.
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"Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game."

-Donald Trump

“We all have great inner power. The power is self-faith. There's really an attitude to winning. You have to see yourself winning before you win. And you have to be hungry. You have to want to conquer.”

-Arnold Schwarzenegger
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  #9  
Old 06-01-2009, 10:31 AM
Theboundbook Theboundbook is offline
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

.80!!!!! I am up 58% on 775 shares and up 45.61% on 3500 shares!!!!! Up over a grand on 2.4k!!!!! OOOOOOOHHHH YEA!!! LETS HIT MY GOAL OF 1.25!!! VERY VERY SMALL AMT OF PROFIT TAKING RIGHT NOW.... POPPED .83 and this is the 1st sign of small profit taking....


NO NEWS EITHER???? WOW!!! SOMETHING IS COMING!!!


4 TIMES THE AMOUNT OF AVG TRADING IN A DAY HAS HAPPENED IN FIRST 90 MIN.... THANK YOU THANK YOU THANK YOU FOR GETTING ME IN ON THIS.... IT WAS MY BIGGEST MOVE TO DATE!
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  #10  
Old 06-01-2009, 10:54 AM
Theboundbook Theboundbook is offline
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Default re: EPEX - Edge Petroleum Corporation (NASDAQ Stock)

Sold 4275 at .82..... Have 300 left and its at .82 right now.... Might get back in later (tomorrow)
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