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DegenerateGambler

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DegenerateGambler

Re: None

Thursday, 03/19/2009 2:40:57 PM

Thursday, March 19, 2009 2:40:57 PM

Post# of 363245
As the SP hovers around 30 cents with moderate to low volume I wonder why there isn't more of a push upwards since the price of oil continues to go up (breaking $50). There is been some correlation to the rise in the price of oil with our SP in the past. It also looks like our SP may break into the mid thirties very soon since there is only one MM at 31 ask and the next in line is at 34. The only problem is that bid is at 29 with no one in a hurry to buy. I would hope the urgency to buy will become more prominent as the time for drilling approaches.
DeGen
Ps: Kramer going to discuss oil tonight (6pm EST)

Now that the Deepwater Pathfinder is scheduled to arrive, when will that be reflected in the shareprice?

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Volume:
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  • 5Y
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