Stock Alert MCKE!!!

ew alert is Morgan Creek Energy Corp. MCKE. The stock closed
Friday at 65 cents. This stock may sound familiar to some of you.
Back in September I alerted readers to this stock while it made a
real nice run from 75 cents up to $1.20. Many of you booked some
nice profits on that move and I think MCKE is setting up to make
another run.

Please begin your research here www.morgancreekenergy.com and here
http://finance.yahoo.com/q?s=MCKE.OB

Morgan Creek Energy Corp. is a natural resource exploration company
engaged in the acquisition and development of strategic oil and
natural gas properties.

MCKE currently has an oil prospect in New Mexico, a natural gas
structure in Texas and an option to earn a 60% working interest of
Bonanza Resources Corp's 85% working interest in the North Fork 3-D
prospect in Beaver County, Oklahoma.

MCKE has selected the New Mexico Oil Prospect based on its
potential for immediate production of oil from relatively shallow
wells. Two giant oil fields lie within the target trend and have
produced over 2.2 billion barrels of oil.

MCKE's interest in the Emmons Prospect focuses on the 'stacked'
structural traps just north of Waco. The initial target location
has been selected.

In addition:

MCKE has completed an extensive review on the North Fork 3D
prospect in Beaver County, Oklahoma. The review consisted of
detailed 3D seismic data and geological interpretation with
consulting specialists and the operator, Ryan Petroleum, LLC. As a
result, MCKE and its working interest partners have identified 40
drill targets and have committed to a two-well drilling program.

MCKE intends to begin drilling the first test well in the North
Fork 3-D Prospect by year-end 2009.

OK, that information is all fine and good but here is why I like
MCKE right now. MCKE traded more volume last week than it has since
the run up in September. After the run up the stock became pretty
quiet only trading 100,000 shares or less most weeks since then.
The last three days of last week MCKE traded 350,000 shares
starting on Wednesday and the volume increased three days in a row.
This is usually a pretty good sign that the stock is about to break
out.

If you go back and look at the last big move this stock made in
September you will notice that it was a slow trader and then the
week before the stock ran the volume started to pick up. Just like
it is now. You will find that stocks do not tend to just become
more active for no reason. Why after two months of thin trading did
MCKE volume just pick up? I think that buyers are going after the
short term high here of 78 cents and if it gets through there is
could be clear sailing to the yearly high of $1.20 from September.
If this happens, a move from 65 cents to $1.20 represents a price
gain of over 84%.

That is plenty of room to book some nice profits between here and
there. As always, book profits when in a position to do so and use
stop loss orders to protect your gains and capital if the stock
heads backwards.

If this week is anything like the last time I brought MCKE to your
attention there will be profits to be had for sure.