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farrell90

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farrell90

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Re: oil-cowboy post# 124929

Monday, 04/14/2008 9:16:06 AM

Monday, April 14, 2008 9:16:06 AM

Post# of 360997
The uptrend in volume and price began about 2/12/2008 and was about the time of the Nigerian oil conference. The buying has been a persistant and disciplned accumulation of shares. For those reasons I believe the recent advance has been precipitated by a new buyer- probably a fund or company. While the retail investors have piled in as the share price has increased , I do not believe they are the reason behind the run up. I agree the " white board " discovery accelerated the buying. I am very optimistic about the next few months. Good luck Farrell
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Volume:
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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