InvestorsHub Logo
Followers 104
Posts 7003
Boards Moderated 1
Alias Born 10/21/2008

Re: None

Saturday, 07/12/2014 1:55:58 AM

Saturday, July 12, 2014 1:55:58 AM

Post# of 4713
Re The old wells being shut in.

Sounds to me like they are prepping the block for someone.

Obviously, they've known this was coming for some time. Performance of the older wells was something people have wondered about for years and now they finally spill the beans.

Would they bother going to the trouble if a sale weren't coming?

Just sounds a lot like a punch list item to me and a "full disclosure" type thing.

I hope I'm low but my prediction is now 12.5 cents based primarily on it being a "premium" to recent trading.

If this goes for .15+, I will be satisfied. I know the long time holders are hoping for more but I just don't see Mike pulling it off.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.