To: razorback-bert
The stock went up because the price was cheap and the company was perceived to be well run with plenty of long term potential for gain. Wall Street analysts had heavy buy, and strong buy, recommendations on ENE. None of them knew how screwed up the books were. I'm a professional investor and I feel lucky I didn't stumble across it fast enough, cause my value method would have led me to purchase it for clients.
To: Professional
Ah ha, what I was looking for.
Thank you.
I knew Freepers would have the answer.
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