Does Energizer look like its going to run or crash?
They dropped overnight but the volume was the biggest it has been in a long time.
ENZR Down 5.33% but on volume of 1.3 Million EGZ Down 5.8% on volume of 321,400 YE5 Up 31.61% on volume 27,500
So what do you guys think, I am no chart reader but this stock hasn't seen volume in one day like since may 27th last year. The chart: http://www.barchart.com/charts/stocks/ENZR&style=technical
Also www.barchart.com is listing ENZR, MGY, EGZ all as strong buys.
On a side note: Malagasy has 7.5 Million Energizer shares so if we watch the Energizer price: At last weeks 25 cents shares are worth $1,875,000 At todays close 32 cents they are $2,400,000 Yesterdays close 34.5 cents $2,535,000
Energizer is undervalued under 50 cents, at 50 cents they are worth $3,750,000
The article posted by rkjones advises they are undervalued under 50 cents:
