Penny Stock Pick - END

Last time we introduced a potential high flying oil driller Blue Dolphin Energy(BDCO). This time we'll take a look at another oil driller Endeavour International Corporation (END), a Houston Texas based company with oil and gas fields in North Sea. The stock recently has been on a rise as oil keep setting record high.

Technical
The technical chart shows positive sign as both 50 day and 200 day moving average are both rising with MACD above 0 and K line rising on top of D line.

Insider
Insider transaction shows very bullish sign as insiders have been buying the stock like crazy since the beginning of this year. However the institutions are bearish as they sell 19 million shares in the lates quarter.

Financial
The financial statements were impressive as revenue shows rapid growth in past year. More impressively the revenue of the lastest quarter was more than the revenue of the entire year in 2006. However one cautious sign to pay attention to is the net tangible asset which is currently still below 0.

Conclusion
This is a potential high flying stock in the right sector. Improving revenue makes this one a gem undiscovered

Penny Stock Score (1~5) 5 is highest
1. Industry (Oil): 5
2. Technical: 5
3. Insider: 3.5
4. Financial: 4
Recommendation: Strong Buy