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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,678.38
(
-0.34%
)
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wshaw14

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wshaw14

Re: acrock post# 1726

Thursday, 10/23/2014 10:26:50 PM

Thursday, October 23, 2014 10:26:50 PM

Post# of 2595
LOL, I certainly would not think that 125-150 barrels a day of oil in its self would do much for the share pric. It is the proof of concept, that will drive the price. Success on this well could also increase the barrels in place for the rest of the project. If someone has short term thinking, this is probably the wrong stock for them. As a matter of fact, oil is probably the wrong sector right now.
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