Stock Trading

Jav992 · #1 07-10-2011, 11:41 PM

FOGC- On Alert:

We wanted to bring to your attention our featured stock for Monday.
FOGC- Fortune Oil & Gas, Inc.

We have featured FOGC several times in the past and feel it is time to get this stock back in the spotlight.
FOGC released some exciting news Friday just before the close and those few that saw it must have been impressed because the buying volume started picking up in the short time left before market closed.

Cressent Energy (FOGC) Additional Oil Field Acquisition:
PASADENA, Texas, July 8, 2011 /PRNewswire/ -- Fortune Oil & Gas, Inc. (Pink Sheets:FOGC.pk - News) www.fortuneoilandgascorp.com) and www.cressentenergy.com, subsidiary of Cressent Energy, is pleased to announce an interest in purchasing a field and a well in Liberty Salt Dome with proven minor production capabilities.

The full press release can be viewed here: http://finance.yahoo.com/news/Cresse....html?x=0&.v=1

Take a look at the following chart, you will see that FOGC has drifted lower for a couple of weeks then consolidated for a few days. Now could be the time for another nice run for FOGC with the news released Friday and added attention being brought back into the stock.
FOGC Chart:

StockPlaysOnline wishes all of you only the best in your trading day, don’t forget to protect your profits and always cut small loses before they become big loses.

Jav, Chuck & the SPO Crew

StockPlaysOnline Chat Room: http://www.stockplaysonline.com/visichat/

Jav992 · #2 07-11-2011, 10:01 AM

FOGC off to a good start this morning, trading over 5 times the 10 day average volume. Trading has been between .016 and .0195, previous close was .013. Keep your eye on this one, it is getting allot of attention.

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