What has happended to ENG? Based on a tip, I purchased back in Nov 06 at .079, and sold 4 months later in Mar 07 for .24. Whilst no one goes broke taking a profit, and I was very happy with my return, I was gutted to see the share price increase to the late 40's just 2 months later. So, I've often followed the fortunes and share price of ENG in the hope that one day I could reinvest. I'm amazed to now see the share price retreating on a shocking downward trend to .091 cents. I've just read a number of posts, but I'm still struggling to understand the poor sentiment. I'll be doing my own research before investing my cash because clearly alot has changed, but I am interested to hear anyones views on why the decline, and where to from here for the share price?
ENG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held