Just food for thought. 10%+ after hours yesterday (yay), and wiped out pre-market today. Now, another intraday of -3% to -4% daily for 1 1/2 weeks straight daily starts to weigh heavily at this price, and have to question the manipulation. Especially, with violent upticks (buy alert?), and take the gains back in one session at open should be of concern. At these prices levels, -$0.02 to -$0.03 per day, per week is of concern. While the energy is holding up at the rate of +1.5% to +3% intraday throughout the week and no response from EOX? Someone tell me if I am missing something here that should convince one to buy? Guidance looks bleak short-term.
Guidance as of 04/10/15 with some comparison to current market:
a. 1 month returns
b. YTD returns
c. 1 year returns
d. 3 year returns
Emerald Oil -45.54% -49.18% -91.34% -96.37%
S&P 500 Total Return 1.25% 2.68% 14.59% 62.14%
Whiting Petroleum -6.47% 6.88% -51.62% -32.75%
Continental Resources 15.35% 30.24% -23.81% 20.69%
