in the coming 2 weeks...., page-25

Fork has been downtrending since August 2009 - > 6 months!

It flirted with lifting itself out of the downtrend kissing the top tyne of the pitch fork the other week but very quickly rejected that level and revisted the midline. Has gained support at the 50% Fib.

Indicators have turned down again. Volume however has been decreasing week in week out.

Last rally was nothing other than a technical rally (MACD / price divergence) on pretty light volume and was easily murdered.





The quarterly will be a short to medium term make or break for this coy. We will see what sort of revenue it has generated from oil sales and gas sales from its acquisition. Failure to back up Tulsa production ann's with cashflow will destroy the SP andseverely damage already eroded trust.

My thoughts are now well known re the operational capacity of this coy - and the longer they fail to deliver the further entrenched my view becomes. I am disappointed to say that as I had high expectations of the Fork.

Wobbly - IMO Prentice needs to concentrate on RFE alone - very clearly. BTW what was the benefit of the Orion dude on the board?

They wouldn't have shut down production on their acquisition - or part there-of - would they have?

The quarterly is something they can not avoid thank goodness. Their announcements for all of this FY have been "will do" "can do" "go get it" rubbish - utter rubbish. I guess EOK is under a glacier now - its been that cold!

We'll see I guess.