I think your right, the week is young, we will get an update on the new well sometime in the next 7 days.
The problem is it isn't going to matter. We already know it will be good news, its a given. Craig could have drilled and fraced a miracle 200BOPD well and we might only get a small pop in the share price for a few days or weeks. Everyone who was screaming 'trend reversal' the last pop will probably be a little wiser this time.
The reality of the matter is that the share price is going to trend down over all until the company takes control away from NITE. As BigMur pointed out, I was wrong to think that was going to happen this month. My loss.
In fact, listening to some, that may not happen until 2010. Consequently, if they can beat us down from .40 to .20, eventually they can beat us down from .20 to .10. It all depends on how long KAA feels he has to maintain his silence.