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Hello fellow investors / traders,
As promised, our play today is Endeavour International Corp (END).
Don't waste time reading this email right now (you can come back to it), just get it on your screen now and hope its not too late.
END has a market cap of 50m shares and a float that is around 32% short - that is huge, and we predict a massive short squeeze is coming.
As you can see below, END has been destroyed by aggressive sellers and short sellers over the past several month.
The time is now for the bounce - and potentially an epic short squeeze.
END could provide us with a great short term trading opportunity today.
Endeavour International Corporation (END) is an independent energy
company focused on the exploration, production and acquisition of
energy reserves in the United Kingdom and United States.
Since its inception in early 2004, the company has been transformed
from a start-up entity to a balanced oil and gas company with a strong
production base and cash flows. Endeavour has three major producing
assets in the United Kingdom and several focus areas in the United
States that include significant positions in highly prospective oil
shale frontier plays and gas shale.
At present, the company has five producing fields in the United
Kingdom including Alba, Rochelle, Bacchus, Bittern and Enoch. In the US,
the company has gas production in the Louisiana Haynesville and the
Pennsylvania Marcellus and is evaluating its liquids-rich frontier plays
in Colorado and Montana. As of December 31, 2013 Endeavour had proved
reserves of 67,173 million cubic feet (MMcf) of natural gas and 12,343
thousands of barrels (Mbbls) of crude oil for a combined 23.5 million
barrels of oil equivalent (MBOE). You can read more about END on their website http://www.endeavourcorp.com/
Make sure you are get END on your screen now.
Remember, be very careful of any large gap ups - stay patient and wait for consolidation/pauses and/or pullbacks unless you are confident the momentum is strong.
Follow me on Twitter for updates throughout the day.
www.ShiznitStocks.com
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