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Re: arnie70 post# 278

Tuesday, 02/10/2009 6:32:14 PM

Tuesday, February 10, 2009 6:32:14 PM

Post# of 1177
Two downgrades today,The stock has fallen from $3.50 to 2.70,and yes reserves increased 200%;which we all knew would happen,but selling their oil at at 1/3 the price.Should hit close to 2 dollars within a very short time I thought quarterly results would be out this week and will be weak,very weak!If they postpone results much longer it always means worse news!Everyone quickly posts good results but delays poor performance.Glty,still a good trade in these channels.
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