Sunday, April 05, 2015 4:57:09 PM
What the falling oil prices did was take away the headline hype for the CMs to pump with.
When they suddenly decided to become an "oil" company, Bakken oil companies (along with their cousins in Texas) were all the rage. Take the word "Bakken" made it part of the new company name, and presto... instant pumping material. Never mind the CMs didn't realize Utah was not part of the Bakken fields, and did not contain light Bakken like oil. It was close enough for a microcrap stock pump. LOL
But now all of the headlines are negative. The real Bakken oil companies cutting drilling, operational costs, and hanging in there for oil to recover. The boom glow is off for now. No glow equals no ready made glowing pump. No excitement in microcrap ville.
The CM's should definitely buy an Idaho Potato farm, and go with SPUD as their new ticker.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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