88 Energy Forum

This is the market makers dicking around

Given the BoA deal is done and there is now a clear runway to spud, this has to look better value. I have bought some more this morning.

Close today will be over 0.70

Im in, will be booommm

I agree with Brombarb, Wall is a class guy, met him a few times. Anyone in this stock should be prepared for periods of no news, where the stock drifts lower.

Typically price weakness. With this stock, no news means bleed down (never up). Only when this breaks .45-.50 down will I get concerned.

Got to think downside on SP here is .35 as a floor. So risk/return should look good. Having said that those of us from Tangiers days would only put a floor at zero. Stock needs positive news on rig and prospect.

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